
About Maharashtra Bamboo Promotion Foundation
Data last updated:
Maharashtra Bamboo Promotion Foundation is a private not for profit company based in Thane, Maharashtra, India. It operates in the wood products and mdf segment of the manufacturing sector. It was incorporated on 05 April 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U85100MH2019NPL323751.
It is led by directors including Ashish Wijay Deshpande and Kalyan Kumar Pargi.
Its last annual general meeting (AGM) was held on 27 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 12 Bungalow Area Near Micro Wave Tower Kopri Thane (E), Maharashtra, India – 400603.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.33 Cr, a growth of 29% compared to the previous year. For the same year it recorded a net profit of ₹20.4 Lakh (net margin 15.3%) and EBITDA of ₹20.89 Lakh (EBITDA margin 15.7%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mahabamboofoundation.org.
Company details
Contact details
Maharashtra Bamboo Promotion Foundation's registered office is in Thane, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address12 Bungalow Area Near Micro Wave Tower Kopri Thane (E), Maharashtra, India – 400603
- IndustryManufacturing, Wood Products & MDF
To see the full contact details of Maharashtra Bamboo Promotion Foundation, 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
Financials of Maharashtra Bamboo Promotion Foundation
FY 2024 filings availableMaharashtra Bamboo Promotion Foundation reported revenue of ₹1.33 Cr (up 29% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 4% over three years, including 29% growth in the latest year. EBITDA rose 624% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹20.89 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹20.4 Lakh | ||||
| 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.7% | ||||
| Net Profit Margin | 15.3% | ||||
| 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 Maharashtra Bamboo Promotion Foundation, buy the company report.
Board of directors of Maharashtra Bamboo Promotion Foundation
Maharashtra Bamboo Promotion Foundation has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashish Wijay Deshpande | Director | 05 Apr 2019 | 7 Years 7 Months | Current |
| Kalyan Kumar Pargi | Nominee Director | 27 Sep 2024 | 2 Years 1 Months | Current |
| Milind Jayant Mhaiskar | Nominee Director | 30 Jan 2025 | 1 Years 9 Months | Current |
Peer comparison
Maharashtra Bamboo Promotion Foundation is compared with the 10 companies closest to it by revenue in the Manufacturing industry (Wood, MDF, Particle Board and Plywood), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Brijesh Wood Products Private Limited | ₹1.35 Cr (FY 2022) | Mumbai, Maharashtra, India | ||||
| Mokokchung Saw and Veneers Pvt Ltd | ₹1.34 Cr (FY 2025) | 19.0% | Nagaland, India | |||
| Green Teak (India) Pvt. Ltd. | ₹1.34 Cr (FY 2019) | -48.0% | Jaipur, Rajasthan, India | |||
| Lingaa Wood Fabricators Private Limited | ₹1.34 Cr (FY 2016) | 87.0% | Coimbatore, Tamil Nadu, India | |||
| Pannel Industries Private Limited | ₹1.33 Cr (FY 2024) | -29.0% | Lucknow, Uttar Pradesh, India | |||
| Maharashtra Bamboo Promotion Foundationthis company | ₹1.33 Cr (FY 2024) | ₹20.4 Lakh | 15.3% | 29.0% | Thane, Maharashtra, India | |
| Wood Smart Private Limited | ₹1.32 Cr (FY 2024) | 72.0% | Visakhapatnam, Andhra Pradesh, India | |||
| Mudhar Plywood Private Limited | ₹1.32 Cr (FY 2025) | -42.0% | Delhi, India | |||
| Bharat Prelam Industries Private Limited | ₹1.31 Cr (FY 2025) | 121.0% | Telangana, India | |||
| Shreenidhi Woodtech Private Limited | ₹1.3 Cr (FY 2016) | -77.0% | Umreth, Gujarat, India | |||
| Southern Wood Lamination Center Private Limited | ₹1.3 Cr (FY 2023) | -24.0% | Palakkad, Kerala, India |
To see the full peer comparison of Maharashtra Bamboo Promotion Foundation, buy the company report.
Auditor
Maharashtra Bamboo Promotion Foundation is audited by E.A.PATIL&ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| E.A.PATIL&ASSOCIATES | FY 2023 | 117371W |
Shareholding
The shareholding of Maharashtra Bamboo Promotion Foundation is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions and public shareholders.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Public |
To see the full shareholding pattern of Maharashtra Bamboo Promotion Foundation, buy the company report.
Legal cases
No court or tribunal cases involving Maharashtra Bamboo Promotion Foundation are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Maharashtra Bamboo Promotion Foundation; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Maharashtra Bamboo Promotion Foundation; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Maharashtra Bamboo Promotion Foundation has 9 board changes on record since 2019: 5 appointments and 4 cessations. The latest: Milind Jayant Mhaiskar was appointed as Nominee Director on 30 Jan 2025.
Frequently asked questions
Maharashtra Bamboo Promotion Foundation is an active private not for profit company based in Thane, Maharashtra, India. The company works in wood products and mdf, within the manufacturing industry. It was incorporated on 05 April 2019 (7+ years old) and is registered under CIN U85100MH2019NPL323751.
Maharashtra Bamboo Promotion Foundation has 3 current directors:
- Ashish Wijay Deshpande - Director
- Kalyan Kumar Pargi - Nominee Director
- Milind Jayant Mhaiskar - Nominee Director
The latest financial statements of Maharashtra Bamboo Promotion Foundation on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 27 September 2024. Year-wise statements from FY 2020 are in the company report.
The CIN (Corporate Identification Number) of Maharashtra Bamboo Promotion Foundation is U85100MH2019NPL323751. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maharashtra Bamboo Promotion Foundation was incorporated on 05 April 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Maharashtra Bamboo Promotion Foundation by revenue are Brijesh Wood Products Private Limited, Mokokchung Saw and Veneers Pvt Ltd, Green Teak (India) Pvt. Ltd, Lingaa Wood Fabricators Private Limited, Pannel Industries Private Limited and 5 more, all in the Manufacturing industry (Wood, MDF, Particle Board and Plywood).
Milind Jayant Mhaiskar was appointed as Nominee Director on 30 Jan 2025. Kalyan Kumar Pargi was appointed as Nominee Director on 27 Sep 2024. Srinivasa Rao ceased to be Nominee Director on 27 Sep 2024. Maharashtra Bamboo Promotion Foundation has 9 board changes on record in total.
Maharashtra Bamboo Promotion Foundation can be reached through the website mahabamboofoundation.org. Its registered office is in Thane, Maharashtra, India.
The registered office of Maharashtra Bamboo Promotion Foundation is at 12 Bungalow Area Near Micro Wave Tower Kopri Thane E, Maharashtra, India – 400603.
Maharashtra Bamboo Promotion Foundation operates in the manufacturing industry, in the wood products and mdf segment.
The compliance status of Maharashtra Bamboo Promotion Foundation is compliant as of 02 August 2026. The company is actively filing with the Registrar of Companies.

