- Category
- Small (2022-23)
- Udyam number
- UDYAM-UP-29-0002487

Mahaveer Cylinders Limited
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.
Recognitions & Rankings of Mahaveer Cylinders
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressB – 13/5 G/F Jhilmil Industrial Area G.T. Road Shahdhra, Delhi, India – 110095
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
- 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
- One PDF report, delivered after checkout
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 Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Mahaveer Cylinders Limited FY 2025 filings available
Mahaveer Cylinders Limited reported revenue of ₹25.1 Cr (up 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Mahaveer Cylinders Limited
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
| 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 | ₹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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4% | •••• | •••• | •••• | •••• |
| 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.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dinesh Mittal | Managing Director | 09 Jun 1995 | 31 Years 4 Months | Current |
| Nirupa Mittal Also directs: Aamr Lifesciences Private Limited | Director | 12 Aug 2000 | 26 Years 2 Months | Current |
| Savitri Devi Also directs: Mahaveer Aqua Private Limited | Director | 10 Aug 2017 | 9 Years 2 Months | Current |
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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| 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.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| NEERAJ VINOD & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Mahaveer Cylinders Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Mahaveer Cylinders Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Feb 2025 | Hdfc Bank Limited | ₹12.57 Lakh | Open |
| 20 Nov 2021 | Others | ₹60 Lakh | Open |
| 17 Sep 2020 | Others | ₹1.63 Cr | Open |
| 03 Dec 2016 | Others | ₹25 Lakh | Open |
| 22 Dec 2015 | Others | ₹12.32 Cr | Open |
Total charge records: 21 View all charges
Legal Cases of Mahaveer Cylinders Limited
Mahaveer Cylinders Limited has 15 court cases on record: 11 filed by Mahaveer Cylinders, 4 filed against it. 1 case is pending and 14 are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 12 | 2 | 0 |
| District courts | 2 | 1 | 1 |
| NCLAT | 1 | 1 | 0 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CARAP) | Filed by the company against Hindustan Petroleum Corporation Limited | Disposed |
| NCLAT, New Delhi | Court case (Competition Appeal(AT)) | Filed against the company by Prathima Industries Private Limited and 3 others | Disposed |
| Bombay High Court | Court case (NMCD) | Filed by the company against Hindustan Petroleum Corporation Limited | Disposed |
| Bombay High Court | Court case (CARBP) | Filed by the company against Hindustan Petroleum Corporation Limited | Disposed |
| Bombay High Court | Court case (APP) | Filed by the company against Indian Oil Corporation Limited | Disposed |
Full case history
All 15 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 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)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Perfect Products | •••• | •••• | •••• |
| CVK Electricals India Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 1 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
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.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
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.
42 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Mahaveer Cylinders Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Mahaveer Cylinders Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Mahaveer Cylinders Limited
Mahaveer Cylinders has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AACCM7745F1ZA | Uttar Pradesh | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Mahaveer Cylinders Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
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:
- Dinesh Mittal - Managing Director
- Nirupa Mittal - Director
- Savitri Devi - Director
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).