M C Davar Holdings Private Limited
About M C Davar Holdings Private Limited
Data last updated:
M C Davar Holdings Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 18 September 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29329MH1989PTC285729. Its GSTIN is 27AABCM4238Q1Z0 (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.05 Cr. It was formerly known as M C Davar Aromatic Pvt Ltd. It is led by directors including Hiral Ashit Patel and Ashit Madhusudan Patel.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 601 Omega Bldg Hiranandani Gardens Powai, Mumbai, Maharashtra, India – 400076.
As per the financials filed for FY 2025, the company reported a revenue of ₹26.34 Cr, a growth of 27% compared to the previous year. For the same year it recorded a net profit of ₹11.83 Cr (net margin 44.9%) and EBITDA of ₹18.56 Cr (EBITDA margin 70.5%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 19% over five years.
As per MCA filings, the company has open charges of ₹63 Cr on record. Court records list 6 cases involving the company, including 5 filed by the company and 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
M C Davar Holdings has one previous CIN (Corporate Identification Number): U29329GJ1989PTC012761. The current CIN is U29329MH1989PTC285729, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29329MH1989PTC285729 | Current |
| U29329GJ1989PTC012761 | Previous |
Contact details
M C Davar Holdings Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address601 Omega Bldg Hiranandani Gardens Powai, Mumbai, Maharashtra, India – 400076
- IndustryFinancial Services, NBFC
To see the full contact details of M C Davar Holdings Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of M C Davar Holdings is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of M C Davar Holdings Private Limited, buy the company report.
Financials of M C Davar Holdings Private Limited
FY 2025 filings availableM C Davar Holdings Private Limited reported revenue of ₹26.34 Cr (up 27% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 19% over five years, including 27% growth in the latest year. EBITDA rose 6% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹18.56 Cr | ||||
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| Net Profit (PAT) | ₹11.83 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 70.5% | ||||
| Net Profit Margin | 44.9% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of M C Davar Holdings Private Limited, buy the company report.
Board of directors of M C Davar Holdings Private Limited
M C Davar Holdings has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hiral Ashit Patel Also directs: Speciality Flavours and Fragrances Pvt Ltd, Chandan Metal Products Private Limited, Westcoast Contractors Pvt Ltd and 5 more | Director | 15 Mar 1999 | 27 Years 7 Months | Current |
| Ashit Madhusudan Patel Also directs: Speciality Flavours and Fragrances Pvt Ltd, Chandan Metal Products Private Limited, Westcoast Contractors Pvt Ltd and 5 more | Director | 15 Jan 2000 | 26 Years 9 Months | Current |
| Mina Ashit Patel Also directs: Speciality Flavours and Fragrances Pvt Ltd, Chandan Metal Products Private Limited, Westcoast Contractors Pvt Ltd and 5 more | Director | 01 Apr 1997 | 29 Years 7 Months | Current |
Auditor
M C Davar Holdings Private Limited is audited by NIHAR MEHTA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NIHAR MEHTA & CO. | FY 2023 | 134646W |
Shareholding
The shareholding of M C Davar Holdings Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of M C Davar Holdings Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Sep 2018 | 100203992 | Others | ₹3 Cr | Open | |
| 13 Feb 2017 | 100086514 | Others | ₹50 Cr | Open | |
| 03 Nov 2015 | 10626516 | Kotak Mahindra Investments Limited | ₹10 Cr | Open |
Total charge records: 3 View all charges
Legal cases
M C Davar Holdings Private Limited has 6 court cases on record: 5 filed by M C Davar Holdings, 1 filed against it. 1 case is pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 1 |
| Supreme Court | 2 | 0 | 0 |
| NCLAT | 1 | 1 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1003-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Matters arising out of orders of Company Law Board under Section 397 & 398 of Companies Act, 1956) | Filed by the company against Aurosagar Estates Private Limited Backside Old Bunglow, 30 B Juhu Tara Road, Santacruz West , District: Mumbai ,Mumbai , Maharashtra | Disposed |
| NCLAT, NCLAT New Delhi | Company appeal | Filed against the company by Aurosagar Estates ,Private Limited and 3 others | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed by the company against an individual | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed by the company against Global Enterprises and 16 others | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed by the company against Global Enterprises | Disposed |
To see the full case history of M C Davar Holdings Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for M C Davar Holdings Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
M C Davar Holdings has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCM4238Q1Z0 | Maharashtra | Active | 17 Aug 2017 |
| 19AABCM4238Q1ZX | West Bengal | Active | 31 May 2022 |
To see the full GST registrations and return filing status of M C Davar Holdings Private Limited, buy the company report.
Recent activity
M C Davar Holdings Private Limited has 5 board changes on record since 1997: 4 appointments and 1 cessation. The latest: Ramesh Raichand Shah ceased to be Director on 28 Mar 2016.
Frequently asked questions
M C Davar Holdings is an active private limited company based in Mumbai, Maharashtra, India. The company works in nbfc, within the financial services industry. It was incorporated on 18 September 1989 (37+ years old) and is registered under CIN U29329MH1989PTC285729.
M C Davar Holdings has 3 current directors:
- Hiral Ashit Patel - Director
- Ashit Madhusudan Patel - Director
- Mina Ashit Patel - Director
The latest financial statements of M C Davar Holdings on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of M C Davar Holdings is 27AABCM4238Q1Z0, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 19AABCM4238Q1ZX (West Bengal).
The CIN (Corporate Identification Number) of M C Davar Holdings is U29329MH1989PTC285729. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
M C Davar Holdings has 6 court cases on record: 5 filed by the company and 1 filed against it. 1 is pending. Most are in the district courts.
M C Davar Holdings was incorporated on 18 September 1989, making it 37+ years old. It is registered with the Registrar of Companies, Mumbai.
Ramesh Raichand Shah ceased to be Director on 28 Mar 2016. Ashit Madhusudan Patel was appointed as Director on 15 Jan 2000. Ramesh Raichand Shah was appointed as Director on 15 Jan 2000. M C Davar Holdings has 5 board changes on record in total.
The registered office of M C Davar Holdings is at 601 Omega Bldg Hiranandani Gardens Powai, Mumbai, Maharashtra, India – 400076.
M C Davar Holdings operates in the financial services industry, in the nbfc segment.
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