Mahaveer Cylinders Limited

Mahaveer Cylinders Limited - machinery and equipment in Delhi, India. FY 2026 financials & compliance.
CIN U40200DL1981PLC012737 Incorporated 30 November 1981 ROC Delhi HQ Delhi, India
Active Public Limited Company machinery and equipment MSME · Small
Data last updated
Revenue · FY 2025
₹25.1 Cr
▲ 4% YoY
Net loss · FY 2025
₹20.75 Lakh
Net margin -0.8%
EBITDA · FY 2025
₹1.01 Cr
EBITDA margin 4%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1.24 Cr
Issued & subscribed
Open charges
₹15.07 Cr
Satisfied ₹20.46 Cr
Company age
45 yrs
Est. 1981
Directors on board
3
As per MCA filings

About Mahaveer Cylinders Limited

Data last updated:

Mahaveer Cylinders Limited is a public limited company based in Delhi, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 30 November 1981 and has been in existence for over 45 years.

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U40200DL1981PLC012737. Its GSTIN is 09AACCM7745F1ZA (Uttar Pradesh). The company holds 3 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.24 Cr. It was formerly known as Badopalia Industries Ltd. It is led by directors including Dinesh Mittal (Managing Director) and Nirupa Mittal.

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 B – 13/5 G/F Jhilmil Industrial Area G.T. Road Shahdhra, Delhi, India – 110095.

As per the financials filed for FY 2025, the company reported a revenue of ₹25.1 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net loss of ₹20.75 Lakh (net margin -0.8%) and EBITDA of ₹1.01 Cr (EBITDA margin 4%). Revenue has declined at a compounded annual rate (CAGR) of 16% over three years and 7% over five years.

As per MCA filings, the company has open charges of ₹15.07 Cr and satisfied charges of ₹20.46 Cr on record. Court records list 15 cases involving the company, including 11 filed by the company and 4 filed against it; 1 case is pending.

Mahaveer Cylinders Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-29-0002487). The current compliance status is marked as compliant by the Registrar of Companies.

Company Details of Mahaveer Cylinders Limited
CIN U40200DL1981PLC012737
Registration Number 012737
Incorporation Date 30 November 1981
ROC Delhi
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 Small
Udyam Registration UDYAM-UP-29-0002487
Key People
Dinesh Mittal Managing Director Nirupa Mittal Director Savitri Devi Director

Recognitions & Rankings of Mahaveer Cylinders

MSME (Udyam registered) Ministry of MSME
Category
Small (2022-23)
Udyam number
UDYAM-UP-29-0002487
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    B – 13/5 G/F Jhilmil Industrial Area G.T. Road Shahdhra, Delhi, India – 110095
  • Industry
    Machinery and Equipment, Industrial Machinery Manufacturing
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Financials, compliance, directors, charges, ownership and filings for Mahaveer Cylinders Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Mahaveer Cylinders Limited

The main business activity of Mahaveer Cylinders is manufacturing. In detail, this covers metal and metal products.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
CManufacturingC7Metal and metal productsLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

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Financials of Mahaveer Cylinders Limited FY 2025 filings available

Mahaveer Cylinders Limited reported revenue of ₹25.1 Cr (up 4% YoY) for FY 2025.

Revenue · FY 2025
₹25.1 Cr ▲ 4%
Net loss · FY 2025
₹20.75 Lakh margin -0.8%
EBITDA · FY 2025
₹1.01 Cr margin 4%

Compounded Annual Growth Rate (CAGR) of Mahaveer Cylinders Limited

Revenue CAGR growth
1 year
▲ 4%
3 years · compounded
▼ 16%
5 years · compounded
▼ 7%
EBITDA CAGR growth
1 year
▼ 42%
3 years · compounded
▼ 29%
5 years · compounded
▼ 16%

Revenue rose 4% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 7%. EBITDA fell 42% 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 Mahaveer Cylinders Limited

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹1.01 Cr••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)-₹20.75 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 Mahaveer Cylinders Limited

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin4%••••••••••••••••
Net Profit Margin-0.8%••••••••••••••••
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••••••••••••••••••••

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 Mahaveer Cylinders are in the company report.

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Financial statements from 2015

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Board of Directors of Mahaveer Cylinders Limited

Mahaveer Cylinders has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Dinesh Mittal
Also directs: Savitri Buildwell Limited, Tirupati Institute of Medical Science Private Limited, GCG Enterprises Private Limited
Managing Director09 Jun 199531 Years 4 MonthsCurrent
Nirupa Mittal
Also directs: Aamr Lifesciences Private Limited
Director12 Aug 200026 Years 2 MonthsCurrent
Savitri Devi
Also directs: Mahaveer Aqua Private Limited
Director10 Aug 20179 Years 2 MonthsCurrent
View all directors

Peer Comparison of Mahaveer Cylinders Limited

Mahaveer Cylinders Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Castleton Spring Private Limited₹25.25 Cr (FY 2025)••••••••31.0%••••Kolkata, West Bengal, India
Sap Filter Private Limited₹25.24 Cr (FY 2025)••••••••12.0%••••Palghar, Maharashtra, India
Torsa Machines Limited₹25.19 Cr (FY 2025)••••••••24.0%••••Guwahati, Assam, India
Matsya Green Enviro Private Limited₹25.18 Cr (FY 2024)••••••••36.0%••••Hyderabad, Telangana, India
Nilkamal Control Systems Private Limited₹25.13 Cr (FY 2024)••••••••3.0%••••Pune, Maharashtra, India
Mahaveer Cylinders Limited this company₹25.1 Cr (FY 2025)••••••••4.0%••••Delhi, India
Bevel Gears (India) Private Limited₹25.07 Cr (FY 2024)••••••••33.0%••••Bangalore, Karnataka, India
Teknoconstant Energy Private Limited₹25 Cr (FY 2025)••••••••-26.0%••••Kolkata, West Bengal, India
Aster Technologies Private Limited₹25 Cr (FY 2024)••••••••-10.0%••••New Delhi, Delhi, India
Mesura Nirmal Gas Controls Private Limited₹24.99 Cr (FY 2025)••••••••-16.0%••••Mumbai, Maharashtra, India
Techno Weigh Systems Private Limited₹24.97 Cr (FY 2025)••••••••10.0%••••Vadodara, Gujarat, India

Peers are the five companies nearest above and the five nearest below Mahaveer Cylinders by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers), 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 Mahaveer Cylinders Limited

Mahaveer Cylinders Limited is audited by NEERAJ VINOD & ASSOCIATES for the financial year 2023.

NameStatusAppointment DateCessation Date
NEERAJ VINOD & ASSOCIATESLockedLockedLocked
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Ownership and Shareholding of Mahaveer Cylinders Limited

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Charges & Borrowings of Mahaveer Cylinders Limited

Open charges
₹15.07 Cr
Satisfied charges
₹20.46 Cr
Breakdown by lending institutions
Others₹14.79 Cr
Canara Bank₹0.15 Cr
Hdfc Bank Limited₹0.13 Cr
Latest charge details
DateLenderAmountStatus
24 Feb 2025Hdfc Bank Limited₹12.57 LakhOpen
20 Nov 2021Others₹60 LakhOpen
17 Sep 2020Others₹1.63 CrOpen
03 Dec 2016Others₹25 LakhOpen
22 Dec 2015Others₹12.32 CrOpen

Total charge records: 21 View all charges

MSME Payment Delays by Mahaveer Cylinders Limited

Mahaveer Cylinders Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 2 overdue payments to 2 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 (2 of 2)

SupplierAmount dueDue sinceReported on
Perfect Products••••••••••••
CVK Electricals India Private Limited••••••••••••
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Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.

Employees and EPFO Compliance at Mahaveer Cylinders Limited

Employment history and EPFO contributions of people linked to Mahaveer Cylinders.

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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 Mahaveer Cylinders Limited

Mahaveer Cylinders Limited has 8 board changes on record since 1995: 3 appointments and 5 cessations. The latest: Gagan Agarwal ceased to be Additional Director on 01 Jun 2022.

AGM
Mahaveer Cylinders Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Mahaveer Cylinders Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.13 Cr with Charge ID 101079103 was registered on 24 Feb 2025.
Ceased
Gagan Agarwal ceased to be Additional Director.
Charges
A charge with Others amounted to Rs. 0.60 Cr with Charge ID 100510558 was registered on 20 Nov 2021.
Ceased
Vijay Kumar Agrawal ceased to be Additional Director.
Charges
A charge with Others of Rs. 12.32 Cr registered on 22 Dec 2015 with Charge ID 10608990 was modified on 13 Apr 2021.
Charges
A charge with Others amounted to Rs. 1.63 Cr with Charge ID 100374950 was registered on 17 Sep 2020.
Appointed
Savitri Devi was appointed as Director.
Charges
A charge with Others amounted to Rs. 0.25 Cr with Charge ID 100066182 was registered on 03 Dec 2016.
Ceased
Pankaj Mittal ceased to be Whole-Time Director.
Ceased
Rajesh Gupta ceased to be Whole-Time Director.

42 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Mahaveer Cylinders Limited

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Subsidiaries & Group Companies of Mahaveer Cylinders Limited

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GST Compliance of Mahaveer Cylinders Limited

Mahaveer Cylinders has 3 GST registrations: 1 active and 2 cancelled or inactive.

Total GSTINs
3
Active
1
Cancelled / inactive
2
GSTINStateStatusRegistered on
09AACCM7745F1ZAUttar PradeshActive01 Jul 2017
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State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of Mahaveer Cylinders Limited

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Frequently Asked Questions about Mahaveer Cylinders Limited

Mahaveer Cylinders is an active public limited company based in Delhi, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 30 November 1981 (45+ years old) and is registered under CIN U40200DL1981PLC012737.

Mahaveer Cylinders reported revenue of ₹25.1 Cr for FY 2025 (up 4% YoY).

Mahaveer Cylinders has 3 current directors:

Mahaveer Cylinders reported a net loss of ₹20.75 Lakh (net margin -0.8%) and EBITDA of ₹1.01 Cr (EBITDA margin 4%) for FY 2025, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Mahaveer Cylinders is -16% over three years and -7% over five years. In the latest year (FY 2025) revenue rose 4%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Mahaveer Cylinders is 09AACCM7745F1ZA, registered in Uttar Pradesh. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.

The CIN (Corporate Identification Number) of Mahaveer Cylinders is U40200DL1981PLC012737. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Mahaveer Cylinders has 15 court cases on record: 11 filed by the company and 4 filed against it. 1 is pending. Most are in the high courts.

Mahaveer Cylinders was incorporated on 30 November 1981, making it 45+ years old. It is registered with the Registrar of Companies, Delhi.

The peers of Mahaveer Cylinders by revenue are Castleton Spring Private Limited, Sap Filter Private Limited, Torsa Machines Limited, Matsya Green Enviro Private Limited, Nilkamal Control Systems Private Limited and 5 more, all in the Machinery and Equipment industry (Industrial Products Manufacturers).

Gagan Agarwal ceased to be Additional Director on 01 Jun 2022. Vijay Kumar Agrawal ceased to be Additional Director on 20 Oct 2021. Savitri Devi was appointed as Director on 10 Aug 2017. Mahaveer Cylinders has 8 board changes on record in total.

Yes, Mahaveer Cylinders is registered as a small enterprise under Udyam registration (number: UDYAM-UP-29-0002487).

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