Maharshi Commerce Limited - engineering in Kolkata, West Bengal, India. FY 2026 financials & compliance.
CIN U74140WB1983PLC223632 Incorporated 31 May 1983 ROC Kolkata HQ Kolkata, West Bengal, India
Active Public Limited Company engineering
Data last updated
Revenue · FY 2024
₹12.23 Cr
▲ 100% YoY
Net profit · FY 2024
₹5.88 Cr
Net margin 48.1%
EBITDA · FY 2024
₹7.35 Cr
EBITDA margin 60.1%
Authorised capital
₹60 Cr
Registered with MCA
Paid-up capital
₹9.08 Cr
Issued & subscribed
Open charges
₹300 Cr
Satisfied ₹325 Cr
Company age
43 yrs
Est. 1983
Employees · EPFO
10
Provident fund records

About Maharshi Commerce Limited

Data last updated:

Maharshi Commerce Limited is a public limited company based in Kolkata, West Bengal, India, a subsidiary of Akshay Plastic Industries Pvt Ltd. It operates in the metal foundry and fabrication services segment of the engineering sector. It was incorporated on 31 May 1983 and has been in existence for over 43 years.

The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U74140WB1983PLC223632. Its GSTIN is 19AABCM6936D1ZF (West Bengal). The company holds 5 GST registrations, of which 3 are active.

The company has an authorised share capital of ₹60 Cr and a paid-up capital of ₹9.08 Cr. It is led by directors including Amaresh Kumar Pandari and Kumar Bansal.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 18 Rabindra Sarani Poddar Court Gate No. 2, Kolkata, West Bengal, India – 700001.

As per the financials filed for FY 2024, the company reported a revenue of ₹12.23 Cr, a growth of 100% compared to the previous year. For the same year it recorded a net profit of ₹5.88 Cr (net margin 48.1%) and EBITDA of ₹7.35 Cr (EBITDA margin 60.1%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 27% over five years.

The company has about 10 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹300 Cr and satisfied charges of ₹325 Cr on record. Court records list 7 cases involving the company, including 7 filed by the company; 2 cases are pending.

The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U74140WB1983PLC223632
Registration Number 223632
Incorporation Date 31 May 1983
ROC Kolkata
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Akshay Plastic Industries Pvt Ltd
Compliance Status Active Compliant

CIN history

Maharshi Commerce has 4 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U74140WB1983PLC223632, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U74140WB1983PLC223632Current
U74140AP1999PLC032224Previous
U74140TG1983PLC032224Previous
U74140AP1999PTC032224Previous
U74140AP1983PLC032224Previous

Contact details

Maharshi Commerce Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    18 Rabindra Sarani Poddar Court Gate No. 2, Kolkata, West Bengal, India – 700001
  • Industry
    Engineering, Metal Foundry & Fabrication Services

To see the full contact details of Maharshi Commerce Limited, buy the company report.

Comprehensive company report
Maharshi Commerce 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 activities of Maharshi Commerce are manufacturing and real estate. In detail, this covers metal and metal products and real estate activities with own or leased property. 2 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC7Metal and metal products
LReal EstateL1Real estate activities with own or leased property

To see the full business activity and turnover split of Maharshi Commerce Limited, buy the company report.

Financials of Maharshi Commerce Limited

FY 2024 filings available

Maharshi Commerce Limited reported revenue of ₹12.23 Cr (up 100% YoY) for FY 2024.

Revenue · FY 2024
₹12.23 Cr ▲ 100%
Net profit · FY 2024
₹5.88 Cr margin 48.1%
EBITDA · FY 2024
₹7.35 Cr margin 60.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 100%
3 years · compounded
▼ 1%
5 years · compounded
▲ 27%
EBITDA CAGR growth
1 year
▲ 165%
3 years · compounded
▲ 29%
5 years · compounded
▲ 54%

Revenue has grown at a compounded annual rate (CAGR) of 27% over five years, including 100% growth in the latest year. EBITDA rose 165% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹7.35 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹5.88 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin60.1%
Net Profit Margin48.1%
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 Maharshi Commerce Limited, buy the company report.

Board of directors of Maharshi Commerce Limited

Maharshi Commerce has 5 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Amaresh Kumar PandariDirector10 Jun 20206 Years 4 MonthsCurrent
Kumar BansalDirector02 Sep 20233 Years 2 MonthsCurrent
Badri Prasad SonthaliaDirector01 Apr 20242 Years 7 MonthsCurrent
PallaviAdditional Director24 Dec 20241 Years 10 MonthsCurrent
Preeti BhatiaDirector28 Jun 20251 Years 4 MonthsCurrent

Peer comparison

Maharshi Commerce Limited is compared with the 3 companies closest to it by revenue in the Engineering industry (Foundry and Fabrication), with the same principal business activity (metal and metal products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
M R Steel Forging Pvt Ltd₹12.34 Cr (FY 2025)-1.0%Faridabad, Haryana, India
Metal Aids Coatings Limited₹12.28 Cr (FY 2025)92.0%Uttranchal, Uttarakhand, India
Maharshi Commerce Limitedthis company₹12.23 Cr (FY 2024)₹5.88 Cr48.1%100.0%10Kolkata, West Bengal, India
Prasha Technologies Limited₹12.17 Cr (FY 2025)-32.0%Faridabad, Haryana, India

To see the full peer comparison of Maharshi Commerce Limited, buy the company report.

Auditor

Maharshi Commerce Limited is audited by Amresh Jain & Co. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Amresh Jain & Co.FY 2023322955E

Shareholding

The shareholding of Maharshi Commerce 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 categoryFY 2023FY 2022FY 2021FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Maharshi Commerce Limited, buy the company report.

Charges & borrowings

Open charges
₹300 Cr
Satisfied charges
₹325 Cr
Breakdown by lending institutions
Others₹312.50 Cr
Hdfc Bank Limited₹12.50 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
19 Sep 2024100987112Others₹300 CrSatisfied
27 Dec 2022100669824Hdfc Bank Limited₹12.5 CrSatisfied
27 Dec 2022100656477Others₹12.5 CrSatisfied

To see the full charge records of Maharshi Commerce Limited, buy the company report.

Total charge records: 3 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Maharshi Commerce Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Group structure & subsidiaries

Maharshi Commerce has 2 associated companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

2
Associated companies

Employees & EPFO

Maharshi Commerce Limited has a workforce of 10 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.

Employee count
10
Active EPFO establishments
1

GST

Maharshi Commerce has 5 GST registrations: 3 active and 2 cancelled or inactive.

Total GSTINs
5
Active
3
Cancelled / inactive
2
GSTINStateStatusRegistered on
19AABCM6936D1ZFWest BengalActive01 Jul 2017
36AABCM6936D2ZITelanganaActive13 Oct 2017
07AABCM6936D1ZKDelhiActive09 Oct 2018

To see the full GST registrations and return filing status of Maharshi Commerce Limited, buy the company report.

Recent activity

Maharshi Commerce Limited has 21 board changes on record since 2007: 5 appointments and 16 cessations. The latest: Preeti Bhatia was appointed as Director on 28 Jun 2025.

Charges
A charge registered on 19 Sep 2024 via Charge ID 100987112 with Others was fully satisfied on 29 Sep 2025.
Appointed
Preeti Bhatia was appointed as Director.
Ceased
Rahul Kumar ceased to be Additional Director.
Appointed
Pallavi was appointed as Additional Director.
AGM
Maharshi Commerce Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Ceased
Badri Prasad Sonthalia ceased to be Additional Director.
Charges
A charge with Others amounted to Rs. 300.00 Cr with Charge ID 100987112 was registered on 19 Sep 2024.
Charges
A charge registered on 27 Dec 2022 via Charge ID 100669824 with Hdfc Bank Limited was fully satisfied on 02 Aug 2024.
Charges
A charge registered on 27 Dec 2022 via Charge ID 100656477 with Others was fully satisfied on 02 Aug 2024.
Appointed
Badri Prasad Sonthalia was appointed as Director.
Ceased
Vinod Kumar Poddar ceased to be Managing Director.
Filing
Maharshi Commerce Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

18 earlier events are in the company report.

Frequently asked questions

Maharshi Commerce is an active public limited company based in Kolkata, West Bengal, India. The company works in metal foundry and fabrication services, within the engineering industry. It was incorporated on 31 May 1983 (43+ years old) and is registered under CIN U74140WB1983PLC223632.

Maharshi Commerce has 5 current directors:

The latest financial statements of Maharshi Commerce on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Maharshi Commerce is 19AABCM6936D1ZF, registered in West Bengal. The company has 5 GST registrations in all, of which 3 are active and 2 are cancelled or inactive. Other active GSTINs include 36AABCM6936D2ZI (Telangana), 07AABCM6936D1ZK (Delhi).

The CIN (Corporate Identification Number) of Maharshi Commerce is U74140WB1983PLC223632. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Maharshi Commerce has 7 court cases on record: 7 filed by the company. 2 are pending. Most are in the district courts.

Maharshi Commerce was incorporated on 31 May 1983, making it 43+ years old. It is registered with the Registrar of Companies, Kolkata.

The peers of Maharshi Commerce by revenue are M R Steel Forging Pvt Ltd, Metal Aids Coatings Limited, Prasha Technologies Limited, all in the Engineering industry (Foundry and Fabrication), with the same principal business activity (metal and metal products).

Preeti Bhatia was appointed as Director on 28 Jun 2025. Rahul Kumar ceased to be Additional Director on 31 Mar 2025. Pallavi was appointed as Additional Director on 24 Dec 2024. Maharshi Commerce has 21 board changes on record in total.

The registered office of Maharshi Commerce is at 18 Rabindra Sarani Poddar Court Gate No. 2, Kolkata, West Bengal, India – 700001.

Maharshi Commerce operates in the engineering industry, in the metal foundry and fabrication services segment.