Mahan Electrical Industries Private Limited
About Mahan Electrical Industries Private Limited
Data last updated:
Mahan Electrical Industries Private Limited is a private limited company based in Kolhapur, Maharashtra, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 25 September 1987 and has been in existence for over 39 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U31909MH1987PTC044793. Its GSTIN is 27AABCM3015F1ZY (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 ₹50 Lakh. It is led by directors Vishal Shahaji Jagadale and Vikas Shahaji Jagadale.
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 Akiwate Ind Co Op Estatejaysingpur, Kolhapur, Maharashtra, India – 416144.
As per the financials filed for FY 2022, the company reported a revenue of ₹16.29 Lakh, a growth of 16% compared to the previous year. For the same year it recorded a net profit of ₹16,237 (net margin 1%) and EBITDA of ₹2.82 Lakh (EBITDA margin 17.3%). Revenue has declined at a compounded annual rate (CAGR) of 21% over three years and 17% over five years.
As per MCA filings, the company has satisfied charges of ₹127.22 Cr on record. Court records list 7 cases involving the company, including 5 filed by the company and 2 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Mahan Electrical Industries Private Limited's registered office is in Kolhapur, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressAkiwate Ind Co Op Estatejaysingpur, Kolhapur, Maharashtra, India – 416144
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Mahan Electrical Industries 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 Mahan Electrical Industries is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Mahan Electrical Industries Private Limited, buy the company report.
Financials of Mahan Electrical Industries Private Limited
FY 2025 filings availableMahan Electrical Industries Private Limited reported revenue of ₹16.29 Lakh (up 16% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 16% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 17%. EBITDA rose 103% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹16.29 Lakh | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.82 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹16,237 | ||||
| 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 17.3% | ||||
| Net Profit Margin | 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 | |||||
To see the full financial statements and ratios of Mahan Electrical Industries Private Limited, buy the company report.
Board of directors of Mahan Electrical Industries Private Limited
Mahan Electrical Industries has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vishal Shahaji Jagadale | Director | 29 Sep 2015 | 11 Years 1 Months | Current |
| Vikas Shahaji Jagadale | Director | 29 Sep 2015 | 11 Years 1 Months | Current |
Auditor
Mahan Electrical Industries Private Limited is audited by V T & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V T & ASSOCIATES | FY 2022 | 110017S |
Shareholding
The shareholding of Mahan Electrical Industries 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 Mahan Electrical Industries Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Oct 2010 | 10254601 | Canara Bank | ₹3.6 Cr | Satisfied | |
| 24 Dec 2009 | 10291102 | Hdfc Bank Limited | ₹6.64 Lakh | Satisfied | |
| 24 Dec 2009 | 10291103 | Hdfc Bank Limited | ₹6.64 Lakh | Satisfied | |
| 24 Dec 2009 | 10291104 | Hdfc Bank Limited | ₹1.9 Lakh | Satisfied | |
| 24 Dec 2009 | 10291105 | Hdfc Bank Limited | ₹1.9 Lakh | Satisfied |
To see the full charge records of Mahan Electrical Industries Private Limited, buy the company report.
Total charge records: 13 View all charges
Legal cases
Mahan Electrical Industries Private Limited has 7 court cases on record: 5 filed by Mahan Electrical Industries, 2 filed against it. 2 cases are pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 2 | 2 |
| District courts | 1 | 0 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed by the company against Income-Tax Settlement Commission Additional Bench-1 Through the Secretray and Ors. | Pending |
| Bombay High Court | Writ petition | Filed against the company by an individual | Pending |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against Assistant Commissioner of Income Tax Central Circle and Ors | Disposed |
| Bombay High Court | Writ petition | Filed by the company against Assistant Commissioner of Income Tax Central Circle and Ors | Disposed |
| Bombay High Court | Writ petition | Filed by the company against Income-Tax Settlement Commission Additional Bench-1 Through the Secretray and Ors. | Disposed |
To see the full case history of Mahan Electrical Industries 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 Mahan Electrical Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Mahan Electrical Industries Private Limited has 1 active EPFO establishment as of Apr 04, 2024.
GST
Mahan Electrical Industries has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCM3015F1ZY | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mahan Electrical Industries Private Limited, buy the company report.
Recent activity
Mahan Electrical Industries Private Limited has 6 board changes on record since 2007: 2 appointments and 4 cessations. The latest: Prakash Kakasaheb Chavan ceased to be Director on 29 Dec 2015.
27 earlier events are in the company report.
Frequently asked questions
Mahan Electrical Industries is an active private limited company based in Kolhapur, Maharashtra, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 25 September 1987 (39+ years old) and is registered under CIN U31909MH1987PTC044793.
Mahan Electrical Industries has 2 current directors:
- Vishal Shahaji Jagadale - Director
- Vikas Shahaji Jagadale - Director
The latest financial statements of Mahan Electrical Industries 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 Mahan Electrical Industries is 27AABCM3015F1ZY, 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 Mahan Electrical Industries is U31909MH1987PTC044793. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mahan Electrical Industries has 7 court cases on record: 5 filed by the company and 2 filed against it. 2 are pending. Most are in the high courts.
Mahan Electrical Industries was incorporated on 25 September 1987, making it 39+ years old. It is registered with the Registrar of Companies, Pune.
Prakash Kakasaheb Chavan ceased to be Director on 29 Dec 2015. Sunil Raghunath Bhosale ceased to be Director on 29 Dec 2015. Vikas Shahaji Jagadale was appointed as Director on 29 Sep 2015. Mahan Electrical Industries has 6 board changes on record in total.
The registered office of Mahan Electrical Industries is at Akiwate Ind Co Op Estatejaysingpur, Kolhapur, Maharashtra, India – 416144.
Mahan Electrical Industries operates in the energy and power industry, in the power equipment manufacturers segment.