About Madhav Engineers Private Limited
Data last updated:
Madhav Engineers Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the industrial products retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 18 July 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29268MH2008PTC184796. Its GSTIN is 27AAFCM6973J1ZW (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹37.92 Lakh. It is led by directors including Bhavesh Manharlal Makwana (Managing Director) and Jatin Laxmichand Makwana.
Its last annual general meeting (AGM) was held on 20 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹116.07 Cr, a growth of 100% compared to the previous year. For the same year it recorded a net profit of ₹4.8 Cr (net margin 4.1%) and EBITDA of ₹8.59 Cr (EBITDA margin 7.4%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 35% over five years.
The company has about 34 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹71.5 Cr and satisfied charges of ₹35.51 Cr on record. Court records list 4 cases involving the company, including 4 filed by the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website madhavengineers.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressUnit/403 4th Floor B – Wing Western Edge II C.C.I. Compound Village Magathane Bori, Vali East, Mumbai, Maharashtra, India – 400066
- IndustryMachinery and Equipment, Industrial Products Retail & Distribution
- 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
- One PDF report, delivered after checkout
Business Activity of Madhav Engineers Private Limited
The main business activity of Madhav Engineers is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Madhav Engineers Private Limited FY 2024 filings available
Madhav Engineers Private Limited reported revenue of ₹116.07 Cr (up 100% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Madhav Engineers Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 35% over five years, including 100% growth in the latest year. EBITDA rose 74% 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 of Madhav Engineers Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹8.59 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹4.8 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Madhav Engineers Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.1% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Madhav Engineers are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Madhav Engineers Private Limited
Madhav Engineers Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Avery India Ltd | ₹128.28 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Ballabgarh, Haryana, India |
| Kumar Equipment (India) Private Limited | ₹126.06 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | New Delhi, Delhi, India |
| Impel Services Private Limited | ₹124.22 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | Mumbai, Maharashtra, India |
| Neptunus Power Plant Services Private Limited | ₹121.65 Cr (FY 2025) | •••• | •••• | 72.0% | •••• | Thane, Maharashtra, India |
| Jakson Enterprises Private Limited | ₹118.87 Cr (FY 2024) | •••• | •••• | -10.0% | •••• | New Delhi, Delhi, India |
| Madhav Engineers Private Limited this company | ₹116.07 Cr (FY 2025) | •••• | •••• | 100.0% | •••• | Mumbai, Maharashtra, India |
| Bitzer India Private Limited | ₹115.52 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Mumbai, Maharashtra, India |
| Cotmac Industrial Trading Private Limited | ₹115.2 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Pune, Maharashtra, India |
| Aquanomics Systems Limited | ₹111.51 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Navi Mumbai, Maharashtra, India |
| Tricon Enterprises Private Limited | ₹111.48 Cr (FY 2025) | •••• | •••• | 32.0% | •••• | Mumbai, Maharashtra, India |
| FX Multitech Limited | ₹111.13 Cr (FY 2025) | •••• | •••• | 48.0% | •••• | Ahmedabad, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Madhav Engineers by revenue in the Machinery and Equipment industry (Industrial Products Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Madhav Engineers Private Limited
Madhav Engineers Private Limited is audited by Kothari & Kenia for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Kothari & Kenia | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Madhav Engineers Private Limited
Madhav Engineers has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jatin Laxmichand Makwana | Director | 01 Aug 2009 | 17 Years 2 Months | Current |
| Bhavesh Manharlal Makwana Also directs: Madhav Tools Private Limited | Managing Director | 18 Jul 2008 | 18 Years 3 Months | Current |
| Rupal Bhavesh Makwana Also directs: Madhav Tools Private Limited | Director | 30 Sep 2023 | 3 Years 0 Months | Current |
Ownership and Shareholding of Madhav Engineers Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Madhav Engineers Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Nov 2025 | Others | ₹35 Lakh | Open |
| 26 Jul 2024 | Hdfc Bank Limited | ₹29.93 Lakh | Open |
| 28 Jun 2024 | Hdfc Bank Limited | ₹44.89 Lakh | Open |
| 07 Aug 2023 | Others | ₹5 Cr | Open |
| 11 Jul 2022 | Hdfc Bank Limited | ₹9.99 Lakh | Open |
Total charge records: 16 View all charges
Legal Cases of Madhav Engineers Private Limited
Madhav Engineers Private Limited has 4 court cases on record: 4 filed by Madhav Engineers. 1 case is pending and 3 are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
| District courts | 2 | 0 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Filed by the company against U S Enterprises and 1 other | Pending |
| Bombay High Court | Writ petition | Filed by the company against Union of India THR the Secretary Ministry of Law and Justice and 3 Ors | Disposed |
| Calcutta High Court | Writ petition | Filed by the company against an individual | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against Aravali Infrapowar Ltd | Disposed |
Full case history
All 4 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Madhav Engineers Private Limited
Madhav Engineers Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 1 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Madhav Engineers Private Limited
Employment history and EPFO contributions of people linked to Madhav Engineers.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Madhav Engineers Private Limited
Madhav Engineers Private Limited has 6 board changes on record since 2008: 3 appointments and 3 cessations. The latest: Rupal Bhavesh Makwana was appointed as Director on 30 Sep 2023.
24 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Madhav Engineers Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Madhav Engineers Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Madhav Engineers Private Limited
Madhav Engineers has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCM6973J1ZW | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Madhav Engineers Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Madhav Engineers Private Limited
Madhav Engineers is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial products retail and distribution, within the machinery and equipment industry. It was incorporated on 18 July 2008 (18+ years old) and is registered under CIN U29268MH2008PTC184796.
Madhav Engineers reported revenue of ₹116.07 Cr for FY 2025 (up 100% YoY).
Madhav Engineers has 3 current directors:
- Bhavesh Manharlal Makwana - Managing Director
- Jatin Laxmichand Makwana - Director
- Rupal Bhavesh Makwana - Director
Madhav Engineers reported a net profit of ₹4.8 Cr (net margin 4.1%) and EBITDA of ₹8.59 Cr (EBITDA margin 7.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Madhav Engineers is 10% over three years and 35% over five years. In the latest year (FY 2025) revenue rose 100%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Madhav Engineers is 27AAFCM6973J1ZW, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Madhav Engineers is U29268MH2008PTC184796. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Madhav Engineers has 4 court cases on record: 4 filed by the company. 1 is pending. Most are in the high courts.
Madhav Engineers was incorporated on 18 July 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Madhav Engineers by revenue are Avery India Ltd, Kumar Equipment (India) Private Limited, Impel Services Private Limited, Neptunus Power Plant Services Private Limited, Jakson Enterprises Private Limited and 5 more, all in the Machinery and Equipment industry (Industrial Products Retail and Distribution).
Rupal Bhavesh Makwana was appointed as Director on 30 Sep 2023. Rupal Bhavesh Makwana ceased to be Director on 15 Dec 2016. Bhavesh Manharlal Makwana ceased to be Director on 01 Aug 2011. Madhav Engineers has 6 board changes on record in total.
Madhav Engineers has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 29 May 2019.