India's Richest People 2026 edition · 1 director · Source: Hurun India
- #312 Vishad Mafatlal & family ₹12,100 Cr
Revenue · FY 2025
₹48.51 Cr
▼ 5% YoY
Net profit · FY 2025
₹79.19 Cr
Net margin 163.2%
EBITDA · FY 2025
₹18.94 Cr
EBITDA margin 39%
Authorised capital
₹9.87 Cr
Registered with MCA
Paid-up capital
₹7.46 Cr
Issued & subscribed
Open charges
₹28.64 Cr
Satisfied ₹45 Cr
Company age
47 yrs
Est. 1979
Employees · EPFO
3
Provident fund records
About Mafatlal Impex Private Limited
Data last updated:
Mafatlal Impex Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 10 May 1979 and has been in existence for over 47 years.
Its director Vishad Mafatlal and family are #312 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17119MH1979PTC021277. Its GSTIN is 27AADCM4149G1ZH (Maharashtra).
The company has an authorised share capital of ₹9.87 Cr and a paid-up capital of ₹7.46 Cr. It is led by directors including Vishad Padmanabh Mafatlal and Rupal Vishad Mafatlal.
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 1st Floor Mafatlal Centre. Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2025, the company reported a revenue of ₹48.51 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹79.19 Cr (net margin 163.2%) and EBITDA of ₹18.94 Cr (EBITDA margin 39%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 7% over five years.
The company has about 3 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹28.64 Cr and satisfied charges of ₹45 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pmafatlalgroup.com.
Company details
CIN U17119MH1979PTC021277
Registration Number 021277
Incorporation Date 10 May 1979
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Key People
Vishad Padmanabh Mafatlal Director Rupal Vishad Mafatlal Director Rajesh Ramanlal Dave Director Recognitions & Rankings of Mafatlal Impex
Contact details
Mafatlal Impex Private Limited's registered office is in Mumbai, Maharashtra. Its website is pmafatlalgroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address1st Floor Mafatlal Centre. Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Mafatlal Impex Private Limited, buy the company report.
Comprehensive company report
Mafatlal Impex Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Mafatlal Impex is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Mafatlal Impex Private Limited, buy the company report.
Financials of Mafatlal Impex Private Limited
FY 2025 filings availableMafatlal Impex Private Limited reported revenue of ₹48.51 Cr (down 5% YoY) for FY 2025.
Revenue · FY 2025
₹48.51 Cr ▼ 5%
Net profit · FY 2025
₹79.19 Cr margin 163.2%
EBITDA · FY 2025
₹18.94 Cr margin 39%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 5%
3 years · compounded
▲ 13%
5 years · compounded
▲ 7%
EBITDA CAGR growth
1 year
▼ 17%
3 years · compounded
▲ 20%
5 years · compounded
▼ 30%
Revenue fell 5% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 7%. EBITDA fell 17% 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 |
|---|---|---|---|---|---|
| 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 | ₹18.94 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹79.19 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 39% | ||||
| Net Profit Margin | 163.2% | ||||
| 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 | |||||
To see the full financial statements and ratios of Mafatlal Impex Private Limited, buy the company report.
Board of directors of Mafatlal Impex Private Limited
Mafatlal Impex has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vishad Padmanabh Mafatlal Also directs: Kruger Properties LLP, Navin Fluorine International Limited, Tropical Clothing Company Private Limited and 3 more | Director | 20 Dec 2007 | 18 Years 10 Months | Current |
| Rupal Vishad Mafatlal | Director | 11 Aug 2008 | 18 Years 2 Months | Current |
| Rajesh Ramanlal Dave Also directs: Sulakshana Securities Limited, Takayama Global Synergies Private Limited, Vap Agricultural Products (Bombay) Pvt Ltd and 5 more | Director | 30 Nov 2022 | 3 Years 11 Months | Current |
| Manoj Durgashankar Pandya Also directs: Kruger Properties LLP, Tropical Clothing Company Private Limited, Cebon Apparel Private Limited and 5 more | Director | 11 Aug 2008 | 18 Years 2 Months | Current |
Peer comparison
Mafatlal Impex Private Limited is compared with the 5 companies closest to it by revenue in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Maa-Kripa Creations Private Limited | ₹48.7 Cr (FY 2025) | 11.0% | Kolkata, West Bengal, India | |||
| Bittu Synthetics Private Limited | ₹48.63 Cr (FY 2025) | -12.0% | Surat, Gujarat, India | |||
| Nandini Texcom (India) Limited | ₹48.53 Cr (FY 2025) | -6.0% | Surat, Gujarat, India | |||
| Mafatlal Impex Private Limitedthis company | ₹48.51 Cr (FY 2025) | ₹79.19 Cr | 163.2% | -5.0% | 3 | Mumbai, Maharashtra, India |
| Aditya Investment and Exim Trade Company Private Limited | ₹48.36 Cr (FY 2017) | -19.0% | Mumbai, Maharashtra, India | |||
| Mitesh Buildcon Private Limited | ₹48.22 Cr (FY 2025) | -25.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Mafatlal Impex Private Limited, buy the company report.
Auditor
Mafatlal Impex Private Limited is audited by M A PARIKH & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M A PARIKH & CO | FY 2020 | 107556W |
Shareholding
The shareholding of Mafatlal Impex Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Mafatlal Impex Private Limited, buy the company report.
Charges & borrowings
Open charges
₹28.64 Cr
Satisfied charges
₹45 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Feb 2025 | 101064634 | Others | ₹6.3 Cr | Open | |
| 14 Aug 2024 | 100981166 | State Bank of India | ₹22.34 Cr | Open | |
| 11 Aug 2016 | 100048555 | Others | ₹45 Cr | Satisfied |
To see the full charge records of Mafatlal Impex Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Mafatlal Impex Private Limited has 1 court case on record: 1 filed by Mafatlal Impex. All case is disposed.
Total cases
1
Filed by the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Mumbai | Court case (C.P.(CAA)) | Filed by the company | Disposed |
To see the full case history of Mafatlal Impex 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 Mafatlal Impex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Mafatlal Impex has 3 associated companies. This group structure data is as of FY 2020. The table lists each entity with its relationship and holding.
3
Associated companies
Employees & EPFO
Mafatlal Impex Private Limited has a workforce of 3 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
Employee count
3
Active EPFO establishments
1
Employee growth
50%
GST
Mafatlal Impex has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCM4149G1ZH | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mafatlal Impex Private Limited, buy the company report.
Recent activity
Mafatlal Impex Private Limited has 8 board changes on record since 2007: 4 appointments and 4 cessations. The latest: Rajesh Ramanlal Dave ceased to be Additional Director on 17 Sep 2023.
AGM
Mafatlal Impex Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Mafatlal Impex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Charges
A charge with Others amounted to Rs. 6.30 Cr with Charge ID 101064634 was registered on 17 Feb 2025.
Charges
A charge with State Bank Of India amounted to Rs. 22.34 Cr with Charge ID 100981166 was registered on 14 Aug 2024.
Ceased
Rajesh Ramanlal Dave ceased to be Additional Director.
Appointed
Rajesh Ramanlal Dave was appointed as Director.
Charges
A charge registered on 11 Aug 2016 via Charge ID 100048555 with Others was fully satisfied on 05 Sep 2022.
Ceased
Rekha Hrishikesh Mafatlal ceased to be Director.
Charges
A charge with Others amounted to Rs. 45.00 Cr with Charge ID 100048555 was registered on 11 Aug 2016.
Ceased
Bipin Khushalchand Ghiya ceased to be Director.
Appointed
Manoj Durgashankar Pandya was appointed as Director.
Appointed
Rupal Vishad Mafatlal was appointed as Director.
3 earlier events are in the company report.
Frequently asked questions
Mafatlal Impex is an active private limited company based in Mumbai, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 10 May 1979 (47+ years old) and is registered under CIN U17119MH1979PTC021277.
Mafatlal Impex has 4 current directors:
- Vishad Padmanabh Mafatlal - Director
- Rupal Vishad Mafatlal - Director
- Rajesh Ramanlal Dave - Director
- Manoj Durgashankar Pandya - Director
The latest financial statements of Mafatlal Impex 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 Mafatlal Impex is 27AADCM4149G1ZH, registered in Maharashtra.
The CIN (Corporate Identification Number) of Mafatlal Impex is U17119MH1979PTC021277. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mafatlal Impex has 1 court case on record: 1 filed by the company.
Mafatlal Impex was incorporated on 10 May 1979, making it 47+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Mafatlal Impex by revenue are Maa-Kripa Creations Private Limited, Bittu Synthetics Private Limited, Nandini Texcom (India) Limited, Aditya Investment and Exim Trade Company Private Limited, Mitesh Buildcon Private Limited, all in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading).
Rajesh Ramanlal Dave ceased to be Additional Director on 17 Sep 2023. Rajesh Ramanlal Dave was appointed as Director on 30 Nov 2022. Rekha Hrishikesh Mafatlal ceased to be Director on 01 Aug 2017. Mafatlal Impex has 8 board changes on record in total.
Mafatlal Impex can be reached through the website pmafatlalgroup.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Mafatlal Impex is at 1st Floor Mafatlal Centre. Nariman Point, Mumbai, Maharashtra, India – 400021.
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