MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2022-23)
- Udyam number
- UDYAM-GJ-22-0060480
Mahashiv Textile Engineering Private Limited - machinery and equipment in Surat, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹1.03 Cr
▼ 49% YoY
Net loss · FY 2025
₹5.03 Lakh
Net margin -4.9%
EBITDA · FY 2025
-₹38,395
EBITDA margin -0.4%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹2 Lakh
Issued & subscribed
Open charges
₹17.09 Lakh
Secured borrowings
Company age
21 yrs
Est. 2005
Directors on board
4
As per MCA filings
About Mahashiv Textile Engineering Private Limited
Data last updated:
Mahashiv Textile Engineering Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 17 November 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29261GJ2005PTC047088. Its GSTIN is 24AAECM4566E1ZL (Gujarat).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors including Praveen Nathubhai Asodia and Rima Nandish Asodia.
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 Plot No. 24 A Ground Floor Road No 2 Op. Petrol Pump, Surat, Gujarat, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.03 Cr, a decline of 49% compared to the previous year. For the same year it recorded a net loss of ₹5.03 Lakh (net margin -4.9%) and EBITDA of -₹38,395 (EBITDA margin -0.4%). Revenue has declined at a compounded annual rate (CAGR) of 10% over three years and 17% over five years.
As per MCA filings, the company has open charges of ₹17.09 Lakh on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
Mahashiv Textile Engineering Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0060480). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mahashiv.com.
Company Details of Mahashiv Textile Engineering Private Limited
CIN U29261GJ2005PTC047088
Registration Number 047088
Incorporation Date 17 November 2005
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-GJ-22-0060480
Key People
Praveen Nathubhai Asodia Director Rima Nandish Asodia Director Chandrikaben Pravinbhai Asodia Director Recognitions & Rankings of Mahashiv Textile Engineering
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressPlot No. 24 A Ground Floor Road No 2 Op. Petrol Pump, Surat, Gujarat, India
- IndustryMachinery and Equipment, Process Machinery & Industrial Equipment
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Business Activity of Mahashiv Textile Engineering Private Limited
The main business activity of Mahashiv Textile Engineering is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Mahashiv Textile Engineering Private Limited FY 2025 filings available
Mahashiv Textile Engineering Private Limited reported revenue of ₹1.03 Cr (down 49% YoY) for FY 2025.
Revenue · FY 2025
₹1.03 Cr ▼ 49%
Net loss · FY 2025
₹5.03 Lakh margin -4.9%
EBITDA · FY 2025
-₹38,395 margin -0.4%
Compounded Annual Growth Rate (CAGR) of Mahashiv Textile Engineering Private Limited
Revenue CAGR growth
1 year
▼ 49%
3 years · compounded
▼ 10%
5 years · compounded
▼ 17%
EBITDA CAGR growth
1 year
▼ 107%
3 years · compounded
▼ 27%
5 years · compounded
▼ 15%
Revenue has declined at a compounded annual rate (CAGR) of 17% over five years, including a 49% fall in the latest year. EBITDA fell 107% 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 of Mahashiv Textile Engineering Private Limited
| 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 | -₹38,395 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹5.03 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 of Mahashiv Textile Engineering Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -4.9% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Mahashiv Textile Engineering are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
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Board of Directors of Mahashiv Textile Engineering Private Limited
Mahashiv Textile Engineering has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Praveen Nathubhai Asodia | Director | 17 Nov 2005 | 20 Years 11 Months | Current |
| Rima Nandish Asodia | Director | 10 Jan 2020 | 6 Years 9 Months | Current |
| Chandrikaben Pravinbhai Asodia | Director | 10 Jan 2020 | 6 Years 9 Months | Current |
| Nandish Pravinkumar Asodia | Director | 17 Nov 2005 | 20 Years 11 Months | Current |
Peer Comparison of Mahashiv Textile Engineering Private Limited
Mahashiv Textile Engineering Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Process Machinery). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Metamorph Engineering (India) Private Limited | ₹1.04 Cr (FY 2022) | •••• | •••• | -79.0% | •••• | Thane, Maharashtra, India |
| Aquaboy Water Systems Private Limited | ₹1.04 Cr (FY 2016) | •••• | •••• | 254.0% | •••• | Hyderabad, Telangana, India |
| Purus Filtrotech Private Limited | ₹1.04 Cr (FY 2020) | •••• | •••• | 245.0% | •••• | Pune, Maharashtra, India |
| Agro Pulping Machinery Private Limited | ₹1.03 Cr (FY 2025) | •••• | •••• | -68.0% | •••• | Chennai, Tamil Nadu, India |
| Shoppingbuddy Technologies Private Limited | ₹1.03 Cr (FY 2025) | •••• | •••• | -58.0% | •••• | Mumbai, Maharashtra, India |
| Mahashiv Textile Engineering Private Limited this company | ₹1.03 Cr (FY 2025) | •••• | •••• | -49.0% | •••• | Surat, Gujarat, India |
| D U Industries Private Limited | ₹1.03 Cr (FY 2024) | •••• | •••• | -41.0% | •••• | Ahmedabad, Gujarat, India |
| Mechinex Automation Private Limited | ₹1.03 Cr (FY 2025) | •••• | •••• | 155.0% | •••• | Coimbatore, Tamil Nadu, India |
| Museco Engimach Private Limited | ₹1.02 Cr (FY 2025) | •••• | •••• | •••• | Ahmedabad, Gujarat, India | |
| Nelson Engineers Private Limited | ₹1.02 Cr (FY 2025) | •••• | •••• | -81.0% | •••• | Coimbatore, Tamil Nadu, India |
| Prasidh Electrical Private Limited | ₹1.02 Cr (FY 2024) | •••• | •••• | 23.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Mahashiv Textile Engineering by revenue in the Machinery and Equipment industry (Process Machinery), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Mahashiv Textile Engineering Private Limited
Mahashiv Textile Engineering Private Limited is audited by D. M. S. VILKI ASSOCIATES for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| D. M. S. VILKI ASSOCIATES | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Mahashiv Textile Engineering Private Limited
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Charges & Borrowings of Mahashiv Textile Engineering Private Limited
Open charges
₹17.09 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Nov 2010 | Prime Co-Op. Bank Ltd. | ₹7.09 Lakh | Open |
| 02 May 2006 | Prime Co-Operative Bank Ltd | ₹10 Lakh | Open |
Total charge records: 2 View all charges
Legal Cases of Mahashiv Textile Engineering Private Limited
Mahashiv Textile Engineering Private Limited has 1 court case on record: 1 filed by Mahashiv Textile Engineering. All case is pending. Status as checked on 02 Oct 2026.
Total cases
1
Filed by the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, SURAT, Gujarat | Criminal complaint | Filed by the company against an individual | Pending |
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Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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Employees and EPFO Compliance at Mahashiv Textile Engineering Private Limited
Employment history and EPFO contributions of people linked to Mahashiv Textile Engineering.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Mahashiv Textile Engineering Private Limited
Mahashiv Textile Engineering Private Limited has 7 board changes on record since 2005: 4 appointments and 3 cessations. The latest: Chandrikaben Pravinbhai Asodia ceased to be Additional Director on 31 Dec 2020.
AGM
Mahashiv Textile Engineering Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Mahashiv Textile Engineering Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Chandrikaben Pravinbhai Asodia ceased to be Additional Director.
Ceased
Rima Nandish Asodia ceased to be Additional Director.
Appointed
Chandrikaben Pravinbhai Asodia was appointed as Director.
Ceased
Manoj Anantrai Parmar ceased to be Director.
Appointed
Rima Nandish Asodia was appointed as Director.
Charges
A charge with Prime Co-Op. Bank Ltd. amounted to Rs. 7.09 Lakh with Charge ID 10250364 was registered on 03 Nov 2010.
Charges
A charge with Prime Co-Operative Bank Ltd amounted to Rs. 10.00 Lakh with Charge ID 10004600 was registered on 02 May 2006.
Appointed
Nandish Pravinkumar Asodia was appointed as Director.
Appointed
Praveen Nathubhai Asodia was appointed as Director.
Incorporation
17 Nov 2005
Mahashiv Textile Engineering Private Limited was registered on 17 Nov 2005 with Roc Ahmedabad & aged 20 years 11 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Mahashiv Textile Engineering Private Limited
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MSME Payment Delays by Mahashiv Textile Engineering Private Limited
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Subsidiaries & Group Companies of Mahashiv Textile Engineering Private Limited
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GST Compliance of Mahashiv Textile Engineering Private Limited
Mahashiv Textile Engineering has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECM4566E1ZL | Gujarat | Active | 01 Jul 2017 |
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MCA Filings & Documents of Mahashiv Textile Engineering Private Limited
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Frequently Asked Questions about Mahashiv Textile Engineering Private Limited
Mahashiv Textile Engineering is an active private limited company based in Surat, Gujarat, India. The company works in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 17 November 2005 (21+ years old) and is registered under CIN U29261GJ2005PTC047088.
Mahashiv Textile Engineering reported revenue of ₹1.03 Cr for FY 2025 (down 49% YoY).
Mahashiv Textile Engineering has 4 current directors:
- Praveen Nathubhai Asodia - Director
- Rima Nandish Asodia - Director
- Chandrikaben Pravinbhai Asodia - Director
- Nandish Pravinkumar Asodia - Director
Mahashiv Textile Engineering reported a net loss of ₹5.03 Lakh (net margin -4.9%) and EBITDA of -₹38,395 (EBITDA margin -0.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Mahashiv Textile Engineering is -10% over three years and -17% over five years. In the latest year (FY 2025) revenue fell 49%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Mahashiv Textile Engineering is 24AAECM4566E1ZL, registered in Gujarat.
The CIN (Corporate Identification Number) of Mahashiv Textile Engineering is U29261GJ2005PTC047088. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mahashiv Textile Engineering has 1 court case on record: 1 filed by the company. 1 is pending.
Mahashiv Textile Engineering was incorporated on 17 November 2005, making it 21+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Mahashiv Textile Engineering by revenue are Metamorph Engineering (India) Private Limited, Aquaboy Water Systems Private Limited, Purus Filtrotech Private Limited, Agro Pulping Machinery Private Limited, Shoppingbuddy Technologies Private Limited and 5 more, all in the Machinery and Equipment industry (Process Machinery).
Chandrikaben Pravinbhai Asodia ceased to be Additional Director on 31 Dec 2020. Rima Nandish Asodia ceased to be Additional Director on 31 Dec 2020. Chandrikaben Pravinbhai Asodia was appointed as Director on 10 Jan 2020. Mahashiv Textile Engineering has 7 board changes on record in total.