About Mahabal Metals Private Limited
Data last updated:
Mahabal Metals Private Limited is a private limited company based in Miraj, Maharashtra, India. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 25 October 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U29299PN1996PTC103515. Its GSTIN is 24AABCM8611K1ZH (Gujarat). The company holds 9 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.9 Cr. It is led by directors including Sanjay Gopalrao Damale and Aakash Nishikant Mahabal.
Its last annual general meeting (AGM) was held on 31 December 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot No. 17 & 20 G. M. Industrial Estate, Miraj, Maharashtra, India – 416410.
As per the financials filed for FY 2025, the company reported a revenue of ₹932.55 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹63.76 Cr (net margin 6.8%) and EBITDA of ₹164 Cr (EBITDA margin 17.6%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 23% over five years.
The company has about 752 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Mahabal Group. As per MCA filings, the company has open charges of ₹242.5 Cr and satisfied charges of ₹247.21 Cr on record. Court records list 6 cases involving the company, including 4 filed by the company and 2 filed against it; 2 cases are pending. The company has 1 deal on record (1 secondary share transfer); the latest was in August 2008. The company has 7 MSME Form 1 returns on record between 2019 and 2023, listing 869 overdue payments to 62 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mahabalgroup.com.
Company details
CIN history
Mahabal Metals has one previous CIN (Corporate Identification Number): U29299MH1996PTC103515. The current CIN is U29299PN1996PTC103515, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29299PN1996PTC103515 | Current |
| U29299MH1996PTC103515 | Previous |
Contact details
Mahabal Metals Private Limited's registered office is in Miraj, Maharashtra. Its website is mahabalgroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. 17 & 20 G. M. Industrial Estate, Miraj, Maharashtra, India – 416410
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of Mahabal Metals 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
Brands
Mahabal Metals operates one associated brand: Mahabal Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures and supplies automobile components to leading global automotive firms worldwide. | mahabalgroup.com |
Business activity
The main business activity of Mahabal Metals is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Mahabal Metals Private Limited, buy the company report.
Financials of Mahabal Metals Private Limited
FY 2024 filings availableMahabal Metals Private Limited reported revenue of ₹932.55 Cr (up 7% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 23% over five years, including 7% growth in the latest year. 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 | ₹164 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹63.76 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 | 17.6% | ||||
| Net Profit Margin | 6.8% | ||||
| 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 Mahabal Metals Private Limited, buy the company report.
Board of directors of Mahabal Metals Private Limited
Mahabal Metals has 10 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Auditor
Mahabal Metals Private Limited is audited by Y. P. LELE & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Y. P. LELE & CO. | FY 2023 | 105611W |
Shareholding
The shareholding of Mahabal Metals 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 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mahabal Metals Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Jul 2024 | 100950964 | Others | ₹8 Cr | Open | |
| 31 Mar 2023 | 100729001 | Others | ₹54.5 Cr | Open | |
| 31 Jan 2023 | 100672549 | Tata Capital Financial Services Limited | ₹35 Cr | Open | |
| 05 Mar 2011 | 10280780 | Others | ₹145 Cr | Open | |
| 29 Mar 2019 | 100252302 | Others | ₹8.4 Cr | Satisfied |
To see the full charge records of Mahabal Metals Private Limited, buy the company report.
Total charge records: 33 View all charges
Deals & funding
Mahabal Metals Private Limited has 1 deal on record (1 secondary share transfer); the latest was in August 2008.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2008 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Mahabal Metals Private Limited has 6 court cases on record: 4 filed by Mahabal Metals, 2 filed against it. 2 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 2 | 2 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed against the company by M/S Gostol TST India Pvt Ind Ltd | Pending |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Appln. ECA A) | Filed by the company against an individual | Pending |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Appln. ECA A) | Filed against the company by individuals | Disposed |
| District court, Sangli, Maharashtra | Criminal miscellaneous application | Filed by the company against State of Mah. | Disposed |
| District court, Sangli, Maharashtra | Criminal miscellaneous application | Filed by the company against State of Maharashtra | Disposed |
To see the full case history of Mahabal Metals 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.
Credit ratings & regulatory alerts
Mahabal Metals Private Limited was last rated by Care on 07 Feb 2023.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 07 Feb 2023 |
To see the full credit ratings and regulatory alerts of Mahabal Metals Private Limited, buy the company report.
MSME payment delays
Mahabal Metals Private Limited has 7 MSME Form 1 returns on record between 2019 and 2023, listing 869 overdue payments to 62 micro and small suppliers. 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 (5 of 62)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Dipak Enterprises | |||
| Pratap Texchem Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Mahabal Metals Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Mahabal Metals Private Limited has a workforce of 752 employees on its EPFO records as of Apr 06, 2024, across 3 active EPFO establishments.
GST
Mahabal Metals has 9 GST registrations: 9 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCM8611K1ZH | Gujarat | Active | 01 Jul 2017 |
| 27AABCM8611K1ZB | Maharashtra | Active | 01 Jul 2017 |
| 37AABCM8611K1ZA | Andhra Pradesh | Active | 13 Jan 2019 |
| 06AABCM8611K1ZF | Haryana | Active | 19 Feb 2020 |
To see the full GST registrations and return filing status of Mahabal Metals Private Limited, buy the company report.
Recent activity
Mahabal Metals Private Limited has 12 board changes on record since 1996: 10 appointments and 2 cessations. The latest: Aakash Nishikant Mahabal was appointed as Director on 30 Nov 2021.
76 earlier events are in the company report.
Frequently asked questions
Mahabal Metals is an active private limited company based in Miraj, Maharashtra, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 25 October 1996 (30+ years old) and is registered under CIN U29299PN1996PTC103515.
Mahabal Metals has 10 current directors:
- Sanjay Gopalrao Damale - Director
- Aakash Nishikant Mahabal - Director
- Jay Hemant Mahabal - Director
- Shrikant Madhavrao Mahabal - Director
- Hemant Madhavrao Mahabal - Director
- Devavrat Shrikant Mahabal - Director
- Shameek Nishikant Mahabal - Director
- Nishikant Madhavrao Mahabal - Director
- Sameer Hemant Mahabal - Director
- Shantanu Shrikant Mahabal - Director
The latest financial statements of Mahabal Metals on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 31 December 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Mahabal Metals is 24AABCM8611K1ZH, registered in Gujarat. The company has 9 GST registrations in all, of which 9 are active. Other active GSTINs include 27AABCM8611K1ZB (Maharashtra), 37AABCM8611K1ZA (Andhra Pradesh), 06AABCM8611K1ZF (Haryana).
The CIN (Corporate Identification Number) of Mahabal Metals is U29299PN1996PTC103515. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mahabal Metals has 6 court cases on record: 4 filed by the company and 2 filed against it. 2 are pending. Most are in the district courts.
Mahabal Metals was incorporated on 25 October 1996, making it 30+ years old. It is registered with the Registrar of Companies, Pune.
Mahabal Metals has 1 deal on record (1 secondary share transfer); the latest was in August 2008.
Aakash Nishikant Mahabal was appointed as Director on 30 Nov 2021. Devavrat Shrikant Mahabal was appointed as Director on 30 Nov 2021. Jay Hemant Mahabal was appointed as Director on 30 Nov 2021. Mahabal Metals has 12 board changes on record in total.
Mahabal Metals has 7 MSME Form 1 returns on record between 2019 and 2023, listing 869 overdue payments to 62 micro and small suppliers. The latest return was filed on 29 Aug 2023.
Mahabal Metals can be reached through the website mahabalgroup.com. Its registered office is in Miraj, Maharashtra, India.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
