MSME (Udyam registered) Ministry of MSME
- Category
- Small (2023-24)
- Udyam number
- UDYAM-CG-05-0003855
Maheshwari Technocast Limited
Maheshwari Technocast Limited - machinery and equipment in Durg, Chhattisgarh, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹13.24 Cr
▼ 43% YoY
Net loss · FY 2023
₹2.7 Cr
Net margin -20.4%
EBITDA · FY 2023
-₹1.15 Cr
EBITDA margin -8.7%
Authorised capital
₹1.5 Cr
Registered with MCA
Paid-up capital
₹1.17 Cr
Issued & subscribed
Open charges
₹13.51 Cr
Satisfied ₹4.23 Cr
Company age
30 yrs
Est. 1996
Employees · EPFO
4
Provident fund records
About Maheshwari Technocast Limited
Data last updated:
Maheshwari Technocast Limited is a public limited company based in Durg, Chhattisgarh, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 14 August 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Chhattisgarh, under CIN U27320CT1996PLC011118. Its GSTIN is 22AABCM5852G1ZP (Chattisgarh).
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.17 Cr. It is led by directors including Prashant Kumar Mantri and Kavita Mantri.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 34 – B Light – Industrial – Area Bhilai, Durg, Chhattisgarh, India – 491026.
As per the financials filed for FY 2023, the company reported a revenue of ₹13.24 Cr, a decline of 43% compared to the previous year. For the same year it recorded a net loss of ₹2.7 Cr (net margin -20.4%) and EBITDA of -₹1.15 Cr (EBITDA margin -8.7%). Revenue has declined at a compounded annual rate (CAGR) of 33% over three years and 15% over five years.
The company has about 4 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹13.51 Cr and satisfied charges of ₹4.23 Cr on record.
Maheshwari Technocast Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-CG-05-0003855). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U27320CT1996PLC011118
Registration Number 011118
Incorporation Date 14 August 1996
ROC Chhattisgarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-CG-05-0003855
CIN history
Maheshwari Technocast has one previous CIN (Corporate Identification Number): U27320MP1996PLC011118. The current CIN is U27320CT1996PLC011118, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27320CT1996PLC011118 | Current |
| U27320MP1996PLC011118 | Previous |
Recognitions & Rankings of Maheshwari Technocast
Contact details
Maheshwari Technocast Limited's registered office is in Durg, Chhattisgarh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address34 – B Light – Industrial – Area Bhilai, Durg, Chhattisgarh, India – 491026
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Maheshwari Technocast Limited, buy the company report.
Comprehensive company report
Maheshwari Technocast 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 Maheshwari Technocast is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Maheshwari Technocast Limited, buy the company report.
Financials of Maheshwari Technocast Limited
FY 2023 filings availableMaheshwari Technocast Limited reported revenue of ₹13.24 Cr (down 43% YoY) for FY 2023.
Revenue · FY 2023
₹13.24 Cr ▼ 43%
Net loss · FY 2023
₹2.7 Cr margin -20.4%
EBITDA · FY 2023
-₹1.15 Cr margin -8.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 43%
3 years · compounded
▼ 33%
5 years · compounded
▼ 15%
EBITDA CAGR growth
1 year
▼ 464%
3 years · compounded
▼ 38%
5 years · compounded
▼ 23%
Revenue has declined at a compounded annual rate (CAGR) of 15% over five years, including a 43% fall in the latest year. EBITDA fell 464% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | -₹1.15 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.7 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -8.7% | ||||
| Net Profit Margin | -20.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Maheshwari Technocast Limited, buy the company report.
Board of directors of Maheshwari Technocast Limited
Maheshwari Technocast has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prashant Kumar Mantri | Director | 31 Oct 2003 | 22 Years 11 Months | Current |
| Kavita Mantri | Director | 20 Apr 2021 | 5 Years 6 Months | Current |
| Nirmala Devi Mantri | Director | 22 May 2007 | 19 Years 5 Months | Current |
Peer comparison
Maheshwari Technocast Limited is compared with the 3 companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nikkon Ferro Private Limited | ₹13.25 Cr (FY 2025) | 38.0% | Kolkata, West Bengal, India | |||
| Suntrack Energy Systems Private Limited | ₹13.25 Cr (FY 2024) | -5.0% | Ahmedabad, Gujarat, India | |||
| VP Synergic Weld Solutions Private Limited | ₹13.24 Cr (FY 2025) | -43.0% | Gummidipundi, Tamil Nadu, India | |||
| Maheshwari Technocast Limitedthis company | ₹13.24 Cr (FY 2023) | -₹2.7 Cr | -20.4% | -43.0% | 4 | Durg, Chhattisgarh, India |
To see the full peer comparison of Maheshwari Technocast Limited, buy the company report.
Auditor
Maheshwari Technocast Limited is audited by DILIP JAIN AND ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DILIP JAIN AND ASSOCIATES | FY 2022 | 016122C |
Shareholding
The shareholding of Maheshwari Technocast Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Maheshwari Technocast Limited, buy the company report.
Charges & borrowings
Open charges
₹13.51 Cr
Satisfied charges
₹4.23 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Nov 2021 | 100509878 | Canara Bank | ₹25 Lakh | Open | |
| 22 Jun 2021 | 100466666 | Canara Bank | ₹59 Lakh | Open | |
| 23 Jun 2020 | 100420143 | Canara Bank | ₹59 Lakh | Open | |
| 03 Jun 2020 | 100420142 | Canara Bank | ₹1.3 Cr | Open | |
| 29 Nov 2013 | 10472962 | Canara Bank | ₹10.48 Cr | Open |
To see the full charge records of Maheshwari Technocast Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
No court or tribunal cases involving Maheshwari Technocast Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
Maheshwari Technocast Limited was last rated by Care on 11 Jul 2023.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 11 Jul 2023 |
To see the full credit ratings and regulatory alerts of Maheshwari Technocast Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Maheshwari Technocast Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Maheshwari Technocast Limited has a workforce of 4 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
4
Active EPFO establishments
1
Employee growth
-20%
GST
Maheshwari Technocast has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 22AABCM5852G1ZP | Chattisgarh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Maheshwari Technocast Limited, buy the company report.
Recent activity
Maheshwari Technocast Limited has 4 board changes on record since 2003: 3 appointments and 1 cessation. The latest: Kavita Mantri was appointed as Director on 20 Apr 2021.
AGM
Maheshwari Technocast Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Maheshwari Technocast Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chhattisgarh.
Charges
A charge with Canara Bank amounted to Rs. 0.25 Cr with Charge ID 100509878 was registered on 02 Nov 2021.
Charges
A charge with Canara Bank amounted to Rs. 0.59 Cr with Charge ID 100466666 was registered on 22 Jun 2021.
Appointed
Kavita Mantri was appointed as Director.
Ceased
Suresh Kumar Maniri ceased to be Director.
Charges
A charge with Canara Bank amounted to Rs. 0.59 Cr with Charge ID 100420143 was registered on 23 Jun 2020.
Charges
A charge with Canara Bank amounted to Rs. 1.30 Cr with Charge ID 100420142 was registered on 03 Jun 2020.
Charges
A charge with Canara Bank of Rs. 10.48 Cr registered on 29 Nov 2013 with Charge ID 10472962 was modified on 11 Aug 2017.
Charges
A charge registered on 21 May 1997 via Charge ID 90208011 with State Bank Of India was fully satisfied on 08 Jan 2014.
Charges
A charge with Canara Bank amounted to Rs. 10.48 Cr with Charge ID 10472962 was registered on 29 Nov 2013.
Charges
A charge with State Bank Of India of Rs. 4.23 Cr registered on 21 May 1997 with Charge ID 90208011 was modified on 20 Dec 2012.
7 earlier events are in the company report.
Frequently asked questions
Maheshwari Technocast is an active public limited company based in Durg, Chhattisgarh, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 14 August 1996 (30+ years old) and is registered under CIN U27320CT1996PLC011118.
Maheshwari Technocast has 3 current directors:
- Prashant Kumar Mantri - Director
- Kavita Mantri - Director
- Nirmala Devi Mantri - Director
The latest financial statements of Maheshwari Technocast on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Maheshwari Technocast is 22AABCM5852G1ZP, registered in Chattisgarh.
The CIN (Corporate Identification Number) of Maheshwari Technocast is U27320CT1996PLC011118. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maheshwari Technocast was incorporated on 14 August 1996, making it 30+ years old. It is registered with the Registrar of Companies, Chhattisgarh.
The peers of Maheshwari Technocast by revenue are Nikkon Ferro Private Limited, Suntrack Energy Systems Private Limited, VP Synergic Weld Solutions Private Limited, all in the Machinery and Equipment industry (Industrial Products Manufacturers), with the same principal business activity (metal and metal products).
Kavita Mantri was appointed as Director on 20 Apr 2021. Suresh Kumar Maniri ceased to be Director on 17 Apr 2021. Nirmala Devi Mantri was appointed as Director on 22 May 2007. Maheshwari Technocast has 4 board changes on record in total.
Yes, Maheshwari Technocast is registered as a small enterprise under Udyam registration (number: UDYAM-CG-05-0003855).
The registered office of Maheshwari Technocast is at 34 – B Light – Industrial – Area Bhilai, Durg, Chhattisgarh, India – 491026.
Maheshwari Technocast operates in the machinery and equipment industry, in the industrial machinery manufacturing segment.