MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-OD-07-0010870
Mahavir Communications Private Limited
Mahavir Communications Private Limited - consumer electronics & durables in Cuttack, Odisha, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹21.69 Cr
▲ 73% YoY
Net profit · FY 2024
₹9.16 Lakh
Net margin 0.4%
EBITDA · FY 2024
₹28.42 Lakh
EBITDA margin 1.3%
Authorised capital
₹30 Lakh
Registered with MCA
Paid-up capital
₹30 Lakh
Issued & subscribed
Open charges
₹3.55 Cr
Secured borrowings
Company age
16 yrs
Est. 2010
Directors on board
3
As per MCA filings
About Mahavir Communications Private Limited
Data last updated:
Mahavir Communications Private Limited is a private limited company based in Cuttack, Odisha, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 30 April 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U51909OR2010PTC011902. Its GSTIN is 21AAGCM9171P2ZY (Odisha). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹30 Lakh. It is led by directors including Sidhartha Shankar Ray and Sarojini Ray.
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 Bikash Nagar Badambadi, Cuttack, Odisha, India – 753012.
As per the financials filed for FY 2024, the company reported a revenue of ₹21.69 Cr, a growth of 73% compared to the previous year. For the same year it recorded a net profit of ₹9.16 Lakh (net margin 0.4%) and EBITDA of ₹28.42 Lakh (EBITDA margin 1.3%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years and 503% over five years.
As per MCA filings, the company has open charges of ₹3.55 Cr on record.
Mahavir Communications Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-OD-07-0010870). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U51909OR2010PTC011902
Registration Number 011902
Incorporation Date 30 April 2010
ROC Cuttack
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-OD-07-0010870
Recognitions & Rankings of Mahavir Communications
Contact details
Mahavir Communications Private Limited's registered office is in Cuttack, Odisha. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressBikash Nagar Badambadi, Cuttack, Odisha, India – 753012
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Mahavir Communications Private Limited, buy the company report.
Comprehensive company report
Mahavir Communications Private 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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Secure checkout · GST invoice included
Business activity
The main business activity of Mahavir Communications is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Mahavir Communications Private Limited, buy the company report.
Financials of Mahavir Communications Private Limited
FY 2025 filings availableMahavir Communications Private Limited reported revenue of ₹21.69 Cr (up 73% YoY) for FY 2024.
Revenue · FY 2024
₹21.69 Cr ▲ 73%
Net profit · FY 2024
₹9.16 Lakh margin 0.4%
EBITDA · FY 2024
₹28.42 Lakh margin 1.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 73%
3 years · compounded
▲ 23%
5 years · compounded
▲ 503%
EBITDA CAGR growth
1 year
▲ 38%
3 years · compounded
▲ 25%
5 years · compounded
▲ 301%
Revenue has grown at a compounded annual rate (CAGR) of 503% over five years, including 73% growth in the latest year. EBITDA rose 38% 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 |
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| EBITDA | ₹28.42 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹9.16 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.3% | ||||
| Net Profit Margin | 0.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Mahavir Communications Private Limited, buy the company report.
Board of directors of Mahavir Communications Private Limited
Mahavir Communications has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sidhartha Shankar Ray Also directs: Cellmate Solutions Private Limited | Director | 01 Apr 2019 | 7 Years 6 Months | Current |
| Sarojini Ray Also directs: Cellmate Solutions Private Limited | Director | 27 Dec 2016 | 9 Years 10 Months | Current |
| Deepak Kanungo | Director | 27 Dec 2016 | 9 Years 10 Months | Current |
Peer comparison
Mahavir Communications Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Durables industry (Communications, Electronic Appliances Retail and Distribution), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Exilis Technology Private Limited | ₹21.7 Cr (FY 2024) | 335.0% | Medical College P O, Kerala, India | |||
| Mahavir Communications Private Limitedthis company | ₹21.69 Cr (FY 2024) | ₹9.16 Lakh | 0.4% | 73.0% | Cuttack, Odisha, India | |
| Krishna Wireless Distributors Private Limited | ₹21.68 Cr (FY 2015) | 222.0% | Mumbai, Maharashtra, India | |||
| Lightingale Technologies Private Limited | ₹21.67 Cr (FY 2024) | 365.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Mahavir Communications Private Limited, buy the company report.
Auditor
Mahavir Communications Private Limited is audited by PATNAIK & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PATNAIK & CO | FY 2022 | 310028E |
Shareholding
The shareholding of Mahavir Communications Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mahavir Communications Private Limited, buy the company report.
Charges & borrowings
Open charges
₹3.55 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Nov 2020 | 100401171 | State Bank of India | ₹3.55 Cr | Open |
To see the full charge records of Mahavir Communications Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Mahavir Communications Private Limited 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 Mahavir Communications Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mahavir Communications has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AAGCM9171P2ZY | Odisha | Active | 01 Apr 2019 |
To see the full GST registrations and return filing status of Mahavir Communications Private Limited, buy the company report.
Recent activity
Mahavir Communications Private Limited has 5 board changes on record since 2016: 3 appointments and 2 cessations. The latest: Prafulla Kumar Ray ceased to be Managing Director on 01 Apr 2019.
AGM
Mahavir Communications Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with State Bank Of India of Rs. 355.00 Lakh registered on 20 Nov 2020 with Charge ID 100401171 was modified on 23 Jun 2025.
Filing
Mahavir Communications Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Cuttack.
Charges
A charge with State Bank Of India amounted to Rs. 355.00 Lakh with Charge ID 100401171 was registered on 20 Nov 2020.
Ceased
Prafulla Kumar Ray ceased to be Managing Director.
Ceased
Premalata Ray ceased to be Director.
Appointed
Sidhartha Shankar Ray was appointed as Director.
Appointed
Deepak Kanungo was appointed as Director.
Appointed
Sarojini Ray was appointed as Director.
Incorporation
30 Apr 2010
Mahavir Communications Private Limited was registered on 30 Apr 2010 with Roc Cuttack & aged 16 years 6 months as per MCA records.
Frequently asked questions
Mahavir Communications is an active private limited company based in Cuttack, Odisha, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 30 April 2010 (16+ years old) and is registered under CIN U51909OR2010PTC011902.
Mahavir Communications has 3 current directors:
- Sidhartha Shankar Ray - Director
- Sarojini Ray - Director
- Deepak Kanungo - Director
The latest financial statements of Mahavir Communications on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Mahavir Communications is 21AAGCM9171P2ZY, registered in Odisha. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Mahavir Communications is U51909OR2010PTC011902. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mahavir Communications was incorporated on 30 April 2010, making it 16+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of Mahavir Communications by revenue are Exilis Technology Private Limited, Krishna Wireless Distributors Private Limited, Lightingale Technologies Private Limited, all in the Consumer Durables industry (Communications, Electronic Appliances Retail and Distribution), with the same principal business activity (retail trading).
Prafulla Kumar Ray ceased to be Managing Director on 01 Apr 2019. Premalata Ray ceased to be Director on 01 Apr 2019. Sidhartha Shankar Ray was appointed as Director on 01 Apr 2019. Mahavir Communications has 5 board changes on record in total.
Yes, Mahavir Communications is registered as a small enterprise under Udyam registration (number: UDYAM-OD-07-0010870).
The registered office of Mahavir Communications is at Bikash Nagar Badambadi, Cuttack, Odisha, India – 753012.
Mahavir Communications operates in the consumer electronics and durables industry, in the electronic appliances retail and distribution segment.
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