Mahesh Vegoils Private Limited

Mahesh Vegoils Private Limited - food and beverages in Bhilwara, Rajasthan, India. FY 2026 financials & compliance.
CIN U15142RJ2012PTC040308 Incorporated 04 October 2012 ROC Jaipur HQ Bhilwara, Rajasthan, India
Active Private Limited Company food and beverages MSME · Medium
Data last updated
Revenue · FY 2025
₹10.65 Cr
▼ 80% YoY
Net loss · FY 2025
₹93.34 Lakh
Net margin -8.8%
EBITDA · FY 2025
₹44.8 Lakh
EBITDA margin 4.2%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹2 Cr
Issued & subscribed
Open charges
₹11 Lakh
Satisfied ₹56.11 Cr
Company age
14 yrs
Est. 2012
Employees · EPFO
15
Provident fund records

About Mahesh Vegoils Private Limited

Data last updated:

Mahesh Vegoils Private Limited is a private limited company based in Bhilwara, Rajasthan, India. It operates in the edible oils and cooking fats segment of the food and beverages sector. It was incorporated on 04 October 2012 and has been in existence for over 14 years.

The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U15142RJ2012PTC040308. Its GSTIN is 08AAICM2064M1Z5 (Rajasthan). The company holds 2 GST registrations, all of them active.

The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹2 Cr. It is led by directors including Manish Kumar Mantri and Rameshchandra Toshniwal.

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 1st Floor Plot No. 147 – 148 Near Vijay Hotel Bazar No. 2, Bhilwara, Rajasthan, India – 311001.

As per the financials filed for FY 2025, the company reported a revenue of ₹10.65 Cr, a decline of 80% compared to the previous year. For the same year it recorded a net loss of ₹93.34 Lakh (net margin -8.8%) and EBITDA of ₹44.8 Lakh (EBITDA margin 4.2%). Revenue has declined at a compounded annual rate (CAGR) of 61% over three years and 45% over five years.

The company has about 15 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹11 Lakh and satisfied charges of ₹56.11 Cr on record. Court records list 16 cases involving the company, including 16 filed by the company. The company has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹1.99 Cr; the latest was in March 2018. Its 5 peer companies in the Food and Beverages industry (Edible Oils), with the same principal business activity (food, beverages and tobacco products) are compared by revenue, 4 larger and 1 smaller; the largest is Radha Nutrients Ltd with revenue of ₹11.16 Cr. The company has 2 MSME Form 1 returns on record between 2018 and 2019, listing 35 overdue payments to 16 micro and small suppliers.

Mahesh Vegoils Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-RJ-07-0019186). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website maheshoilgroup.com.

Company details

CIN U15142RJ2012PTC040308
Registration Number 040308
Incorporation Date 04 October 2012
ROC Jaipur
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-RJ-07-0019186
Key People
Manish Kumar Mantri Director Rameshchandra Toshniwal Director Ajay Jhanwar Director

Recognitions & Rankings of Mahesh Vegoils

MSME (Udyam registered) Ministry of MSME
Category
Medium (2023-24)
Udyam number
UDYAM-RJ-07-0019186

Contact details

Mahesh Vegoils Private Limited's registered office is in Bhilwara, Rajasthan. Its website is maheshoilgroup.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    maheshoilgroup.com
  • Social Media
  • Registered Address
    1st Floor Plot No. 147 – 148 Near Vijay Hotel Bazar No. 2, Bhilwara, Rajasthan, India – 311001
  • Industry
    Food and Beverages, Edible Oils & Cooking Fats

To see the full contact details of Mahesh Vegoils Private Limited, buy the company report.

Comprehensive company report
Mahesh Vegoils 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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Business activity

The main business activity of Mahesh Vegoils is manufacturing. In detail, this covers food, beverages and tobacco products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC1Food, beverages and tobacco products

To see the full business activity and turnover split of Mahesh Vegoils Private Limited, buy the company report.

Financials of Mahesh Vegoils Private Limited

FY 2024 filings available

Mahesh Vegoils Private Limited reported revenue of ₹10.65 Cr (down 80% YoY) for FY 2025.

Revenue · FY 2025
₹10.65 Cr ▼ 80%
Net loss · FY 2025
₹93.34 Lakh margin -8.8%
EBITDA · FY 2025
₹44.8 Lakh margin 4.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 80%
3 years · compounded
▼ 61%
5 years · compounded
▼ 45%
EBITDA CAGR growth
1 year
▲ 127%
3 years · compounded
▼ 45%
5 years · compounded
▼ 31%

Revenue has declined at a compounded annual rate (CAGR) of 45% over five years, including a 80% fall in the latest year. EBITDA rose 127% 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 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₹44.8 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹93.34 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin4.2%
Net Profit Margin-8.8%
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

To see the full financial statements and ratios of Mahesh Vegoils Private Limited, buy the company report.

Board of directors of Mahesh Vegoils Private Limited

Mahesh Vegoils has 4 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Manish Kumar Mantri
Also directs: Neemuch Land Developers Private Limited
Director04 Oct 201214 Years 1 MonthsCurrent
Rameshchandra ToshniwalDirector04 Oct 201214 Years 1 MonthsCurrent
Ajay JhanwarDirector04 Oct 201214 Years 1 MonthsCurrent
Prabhu Lal JhanwarDirector04 Oct 201214 Years 1 MonthsCurrent
View all directors

Peer comparison

Mahesh Vegoils Private Limited is compared with the 5 companies closest to it by revenue in the Food and Beverages industry (Edible Oils), with the same principal business activity (food, beverages and tobacco products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Radha Nutrients Ltd₹11.16 Cr (FY 2024)-22.0%Haryana, India
Trichikaveri Foods Private Limited₹10.95 Cr (FY 2024)18.0%Tiruchirappalli, Tamil Nadu, India
Kanhar Farms Private Limited₹10.85 Cr (FY 2025)-15.0%Ranchi, Jharkhand, India
Jagroop Chand Oil Industries Private Limited₹10.69 Cr (FY 2025)-82.0%Tohana, Haryana, India
Mahesh Vegoils Private Limitedthis company₹10.65 Cr (FY 2025)-₹93.34 Lakh-8.8%-80.0%15Bhilwara, Rajasthan, India
Top Cashew Private Limited₹10.55 Cr (FY 2025)-2.0%Odisha, India

To see the full peer comparison of Mahesh Vegoils Private Limited, buy the company report.

Auditor

Mahesh Vegoils Private Limited is audited by Harish Kumar Sindhi for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Harish Kumar SindhiFY 2023

Shareholding

The shareholding of Mahesh Vegoils Private 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 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Mahesh Vegoils Private Limited, buy the company report.

Charges & borrowings

Open charges
₹11 Lakh
Satisfied charges
₹56.11 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹0.11 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
02 Sep 2025101151955Hdfc Bank Limited₹11 LakhOpen
01 Oct 2022100621125Hdfc Bank Limited₹1.1 CrSatisfied
29 May 2018100190721Hdfc Bank Limited₹20 CrSatisfied
31 Mar 2017100090169Hdfc Bank Limited₹21.75 CrSatisfied
31 Mar 2017100090177Hdfc Bank Limited₹1.7 CrSatisfied

To see the full charge records of Mahesh Vegoils Private Limited, buy the company report.

Total charge records: 7 View all charges

Deals & funding

Mahesh Vegoils Private Limited has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹1.99 Cr; the latest was in March 2018.

Total deals
3
Secondary share transfers
2
Funding round
1
Disclosed funding
₹1.99 Cr

Deals on record (3 of 3)

WhenDealAmountParties
Mar 2018Secondary share transferUndisclosedBuyer: 2 individuals
Seller: Balmukund Toshniwal HUF, an individual
Mar 2017Secondary share transferUndisclosedBuyer: 4 individuals
Seller: Balmukund Toshniwal HUF, 3 individuals
Mar 2013Funding round₹1.99 CrInvestors: Balmukund Toshniwal HUF, 3 individuals

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Mahesh Vegoils Private Limited was last rated by Brickwork on 27 Sep 2019.

Rating agencyRated onRating
Brickwork27 Sep 2019

To see the full credit ratings and regulatory alerts of Mahesh Vegoils Private Limited, buy the company report.

MSME payment delays

Mahesh Vegoils Private Limited has 2 MSME Form 1 returns on record between 2018 and 2019, listing 35 overdue payments to 16 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 (5 of 16)

SupplierAmount dueDue sinceReported on
Arya Collateral Warehousing Services Private Limited
Navjyoti Commodity Management Services Limited
Bajaj Exports Corporattion , Gulbarga
Bajaj Earths Private Limited
Super Mechanical Seal Private Limited

To see the full MSME payment records of Mahesh Vegoils Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Mahesh Vegoils Private Limited has a workforce of 15 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.

Employee count
15
Active EPFO establishments
1
Employee growth
-11.76%

GST

Mahesh Vegoils has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
08AAICM2064M1Z5RajasthanActive01 Jul 2017
23AAICM2064M1ZDMadhya PradeshActive01 Jul 2017

To see the full GST registrations and return filing status of Mahesh Vegoils Private Limited, buy the company report.

Recent activity

Mahesh Vegoils Private Limited has 4 board changes on record since 2012: 4 appointments. The latest: Ajay Jhanwar was appointed as Director on 04 Oct 2012.

Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.11 Cr with Charge ID 101151955 was registered on 02 Sep 2025.
Charges
A charge registered on 01 Oct 2022 via Charge ID 100621125 with Hdfc Bank Limited was fully satisfied on 25 Jul 2025.
Charges
A charge registered on 31 Mar 2017 via Charge ID 100090169 with Hdfc Bank Limited was fully satisfied on 21 Jul 2025.
Charges
A charge registered on 29 May 2018 via Charge ID 100190721 with Hdfc Bank Limited was fully satisfied on 20 May 2025.
Charges
A charge registered on 31 Mar 2017 via Charge ID 100090177 with Hdfc Bank Limited was fully satisfied on 20 May 2025.
AGM
Mahesh Vegoils Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Mahesh Vegoils Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Jaipur.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.10 Cr with Charge ID 100621125 was registered on 01 Oct 2022.
Charges
A charge with Hdfc Bank Limited of Rs. 21.75 Cr registered on 31 Mar 2017 with Charge ID 100090169 was modified on 15 Feb 2021.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 20.00 Cr with Charge ID 100190721 was registered on 29 May 2018.
Charges
A charge with Hdfc Bank Limited of Rs. 1.70 Cr registered on 31 Mar 2017 with Charge ID 100090177 was modified on 21 Jun 2017.
Charges
A charge registered on 29 Jun 2013 via Charge ID 10438215 with Corporation Bank was fully satisfied on 20 Apr 2017.

10 earlier events are in the company report.

Frequently asked questions

Mahesh Vegoils is an active private limited company based in Bhilwara, Rajasthan, India. The company works in edible oils and cooking fats, within the food and beverages industry. It was incorporated on 04 October 2012 (14+ years old) and is registered under CIN U15142RJ2012PTC040308.

Mahesh Vegoils has 4 current directors:

The latest financial statements of Mahesh Vegoils 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 Mahesh Vegoils is 08AAICM2064M1Z5, registered in Rajasthan. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 23AAICM2064M1ZD (Madhya Pradesh).

The CIN (Corporate Identification Number) of Mahesh Vegoils is U15142RJ2012PTC040308. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Mahesh Vegoils has 16 court cases on record: 16 filed by the company.

Mahesh Vegoils was incorporated on 04 October 2012, making it 14+ years old. It is registered with the Registrar of Companies, Jaipur.

Mahesh Vegoils has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹1.99 Cr; the latest was in March 2018.

The peers of Mahesh Vegoils by revenue are Radha Nutrients Ltd, Trichikaveri Foods Private Limited, Kanhar Farms Private Limited, Jagroop Chand Oil Industries Private Limited, Top Cashew Private Limited, all in the Food and Beverages industry (Edible Oils), with the same principal business activity (food, beverages and tobacco products).

Ajay Jhanwar was appointed as Director on 04 Oct 2012. Manish Kumar Mantri was appointed as Director on 04 Oct 2012. Prabhu Lal Jhanwar was appointed as Director on 04 Oct 2012. Mahesh Vegoils has 4 board changes on record in total.

Yes, Mahesh Vegoils is registered as a medium enterprise under Udyam registration (number: UDYAM-RJ-07-0019186).

Mahesh Vegoils has 2 MSME Form 1 returns on record between 2018 and 2019, listing 35 overdue payments to 16 micro and small suppliers. The latest return was filed on 30 May 2019.