Startup India Government of India
Mahi Innovations Private Limited - infrastructure and utilities in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹2.23 Lakh
▼ 94% YoY
Net loss · FY 2025
₹54,162
Net margin -24.3%
EBITDA · FY 2025
₹10,641
EBITDA margin 4.8%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Mahi Innovations Private Limited
Data last updated:
Mahi Innovations Private Limited is a private limited company based in New Delhi, Delhi, India, recognised as a startup by DPIIT. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 18 May 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U45200DL2017PTC317737. Its GSTIN is 07AALCM0739Q1ZU (Delhi).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Archana Shah and Adarsh Kumar.
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 34 – 35 Flat No.202 Second Floor Matiala Extn. Uttam Nagar, New Delhi, Delhi, India – 110059.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.23 Lakh, a decline of 94% compared to the previous year. For the same year it recorded a net loss of ₹54,162 (net margin -24.3%) and EBITDA of ₹10,641 (EBITDA margin 4.8%). Revenue has declined at a compounded annual rate (CAGR) of 65% over three years and 50% over five years.
Court records list 9 cases involving the company, including 9 filed against it; 4 cases are pending.
Mahi Innovations Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-28-0060277). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mahiinnovations.com.
Company Details of Mahi Innovations Private Limited
CIN U45200DL2017PTC317737
Registration Number 317737
Incorporation Date 18 May 2017
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
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-UP-28-0060277
Key People
Archana Shah Director Adarsh Kumar Director Recognitions & Rankings of Mahi Innovations
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-UP-28-0060277
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address34 – 35 Flat No.202 Second Floor Matiala Extn. Uttam Nagar, New Delhi, Delhi, India – 110059
- IndustryInfrastructure and Utilities, General Construction Services
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Business Activity of Mahi Innovations Private Limited
The main business activity of Mahi Innovations is construction. In detail, this covers construction of buildings.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | 41 | Construction of buildings | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Mahi Innovations Private Limited FY 2025 filings available
Mahi Innovations Private Limited reported revenue of ₹2.23 Lakh (down 94% YoY) for FY 2025.
Revenue · FY 2025
₹2.23 Lakh ▼ 94%
Net loss · FY 2025
₹54,162 margin -24.3%
EBITDA · FY 2025
₹10,641 margin 4.8%
Compounded Annual Growth Rate (CAGR) of Mahi Innovations Private Limited
Revenue CAGR growth
1 year
▼ 94%
3 years · compounded
▼ 65%
5 years · compounded
▼ 50%
EBITDA CAGR growth
1 year
▼ 96%
3 years · compounded
▼ 66%
5 years · compounded
▼ 47%
Revenue has declined at a compounded annual rate (CAGR) of 50% over five years, including a 94% fall in the latest year. EBITDA fell 96% 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 Mahi Innovations Private 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 | ₹10,641 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹54,162 | •••• | •••• | •••• | •••• |
| 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 Mahi Innovations Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -24.3% | •••• | •••• | •••• | •••• |
| 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 Mahi Innovations are in the company report.
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Financial statements from FY 2018
Earlier years and trend charts are in the company report.
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Board of Directors of Mahi Innovations Private Limited
Mahi Innovations has 2 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 |
|---|---|---|---|---|
| Archana Shah Also directs: Charvi Ashiyana Private Limited | Director | 18 May 2017 | 9 Years 5 Months | Current |
| Adarsh Kumar | Director | 18 May 2017 | 9 Years 5 Months | Current |
Peer Comparison of Mahi Innovations Private Limited
Mahi Innovations Private Limited is compared with the companies closest to it by revenue in the Infrastructure industry (Construction Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Pratham Megastructures Private Limited | ₹2.25 Lakh (FY 2020) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| O S Entrepreneurs Private Limited | ₹2.25 Lakh (FY 2021) | •••• | •••• | 676.0% | •••• | Guwahati, Assam, India |
| Utkal Estcon Limited | ₹2.24 Lakh (FY 2025) | •••• | •••• | -30.0% | •••• | Cuttack, Odisha, India |
| Diamond Buildworld OPC Private Limited | ₹2.23 Lakh (FY 2023) | •••• | •••• | -61.0% | •••• | Ambala, Haryana, India |
| Archaic Craft Valley Private Limited | ₹2.23 Lakh (FY 2025) | •••• | •••• | 253.0% | •••• | Noida, Uttar Pradesh, India |
| Mahi Innovations Private Limited this company | ₹2.23 Lakh (FY 2025) | •••• | •••• | -94.0% | •••• | New Delhi, Delhi, India |
| Perceptive Developers Private Limited | ₹2.23 Lakh (FY 2025) | •••• | •••• | 10159.0% | •••• | Delhi, India |
| Rama (Nashik) Estates Private Limited | ₹2.22 Lakh (FY 2016) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| G.H.Associates Private Limited | ₹2.22 Lakh (FY 2022) | •••• | •••• | -27.0% | •••• | Hubli, Karnataka, India |
| Dolphin Green Energy Private Limited | ₹2.22 Lakh (FY 2021) | •••• | •••• | •••• | Ahmedabad, Gujarat, India | |
| Suyash Homes Private Limited | ₹2.21 Lakh (FY 2025) | •••• | •••• | -98.0% | •••• | Patna, Bihar, India |
Peers are the five companies nearest above and the five nearest below Mahi Innovations by revenue in the Infrastructure industry (Construction Services), 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 Mahi Innovations Private Limited
Mahi Innovations Private Limited is audited by K K RAWAT & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| K K RAWAT & CO | Locked | Locked | Locked |
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Ownership and Shareholding of Mahi Innovations Private Limited
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Charges & Borrowings of Mahi Innovations Private Limited
Mahi Innovations Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Mahi Innovations Private Limited
Mahi Innovations Private Limited has 9 court cases on record: 9 filed against it. 4 cases are pending and 5 are disposed. Status as checked between 30 Sep 2026 and 04 Oct 2026.
Total cases
9
Filed against the company
9
Pending
4
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 9 | 4 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ghaziabad, Uttar Pradesh | Criminal case | Filed against the company by State Government | Pending |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Criminal case | Filed against the company by State of U.P | Pending |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Criminal case | Filed against the company by State of U.P | Disposed |
| District court, South West, Delhi | Civil suit | Filed against the company by State | Disposed |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Criminal case | Filed against the company by State Government | Disposed |
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Full case history
All 9 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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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.
Employees and EPFO Compliance at Mahi Innovations Private Limited
Employment history and EPFO contributions of people linked to Mahi Innovations.
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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 Mahi Innovations Private Limited
Mahi Innovations Private Limited has 4 board changes on record since 2017: 2 appointments and 2 cessations. The latest: Nitish Kumar Sharma ceased to be Director on 28 Jan 2021.
AGM
Mahi Innovations Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Mahi Innovations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Ceased
Nitish Kumar Sharma ceased to be Director.
Ceased
Raj Choudhry ceased to be Director.
Appointed
Adarsh Kumar was appointed as Director.
Appointed
Archana Shah was appointed as Director.
Incorporation
18 May 2017
Mahi Innovations Private Limited was registered on 18 May 2017 with Roc Delhi & aged 9 years 5 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Mahi Innovations Private Limited
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MSME Payment Delays by Mahi Innovations Private Limited
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Subsidiaries & Group Companies of Mahi Innovations Private Limited
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GST Compliance of Mahi Innovations Private Limited
Mahi Innovations has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AALCM0739Q1ZU | Delhi | Active | 09 Aug 2017 |
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MCA Filings & Documents of Mahi Innovations Private Limited
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Frequently Asked Questions about Mahi Innovations Private Limited
Mahi Innovations is an active private limited company based in New Delhi, Delhi, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 18 May 2017 (9+ years old) and is registered under CIN U45200DL2017PTC317737.
Mahi Innovations reported revenue of ₹2.23 Lakh for FY 2025 (down 94% YoY).
Mahi Innovations has 2 current directors:
- Archana Shah - Director
- Adarsh Kumar - Director
Mahi Innovations reported a net loss of ₹54,162 (net margin -24.3%) and EBITDA of ₹10,641 (EBITDA margin 4.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Mahi Innovations is -65% over three years and -50% over five years. In the latest year (FY 2025) revenue fell 94%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Mahi Innovations is 07AALCM0739Q1ZU, registered in Delhi.
The CIN (Corporate Identification Number) of Mahi Innovations is U45200DL2017PTC317737. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mahi Innovations has 9 court cases on record: 9 filed against it. 4 are pending.
Mahi Innovations was incorporated on 18 May 2017, making it 9+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Mahi Innovations by revenue are Pratham Megastructures Private Limited, O S Entrepreneurs Private Limited, Utkal Estcon Limited, Diamond Buildworld OPC Private Limited, Archaic Craft Valley Private Limited and 5 more, all in the Infrastructure industry (Construction Services).
Nitish Kumar Sharma ceased to be Director on 28 Jan 2021. Raj Choudhry ceased to be Director on 30 Sep 2019. Adarsh Kumar was appointed as Director on 18 May 2017. Mahi Innovations has 4 board changes on record in total.