MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-24-0046667
Mahi Systems Private Limited - machinery and equipment in Vadodara, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹5.33 Cr
▲ 24% YoY
Net profit · FY 2025
₹19.82 Lakh
Net margin 3.7%
EBITDA · FY 2025
₹45.64 Lakh
EBITDA margin 8.6%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹2.75 Cr
Secured borrowings
Company age
5 yrs
Est. 2021
Directors on board
2
As per MCA filings
About Mahi Systems Private Limited
Data last updated:
Mahi Systems Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 25 September 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29200GJ2021PTC125868. Its GSTIN is 24AAPCM0130K1ZL (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Amitkumar Rashmikant Patel and Rashmikant Shivabhai Patel.
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 Plot No 5 Shree Hari Industrial Park Por GIDC Ramangamdi Road Por, Vadodara, Gujarat, India – 391243.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.33 Cr, a growth of 24% compared to the previous year. For the same year it recorded a net profit of ₹19.82 Lakh (net margin 3.7%) and EBITDA of ₹45.64 Lakh (EBITDA margin 8.6%).
The company is associated with 1 brand: Mahi Systems. As per MCA filings, the company has open charges of ₹2.75 Cr on record.
Mahi Systems Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0046667). For more details, the company can be reached via its website mahisystems.co.in.
Company details
CIN U29200GJ2021PTC125868
Registration Number 125868
Incorporation Date 25 September 2021
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Micro
Udyam Registration UDYAM-GJ-24-0046667
Recognitions & Rankings of Mahi Systems
Contact details
Mahi Systems Private Limited's registered office is in Vadodara, Gujarat. Its website is mahisystems.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No 5 Shree Hari Industrial Park Por GIDC Ramangamdi Road Por, Vadodara, Gujarat, India – 391243
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Mahi Systems Private Limited, buy the company report.
Comprehensive company report
Mahi Systems 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Mahi Systems operates one associated brand: Mahi Systems. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Supplier of industrial printing and marking solutions. | mahisystems.in |
Business activity
The main business activity of Mahi Systems is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Mahi Systems Private Limited, buy the company report.
Financials of Mahi Systems Private Limited
FY 2025 filings availableMahi Systems Private Limited reported revenue of ₹5.33 Cr (up 24% YoY) for FY 2025.
Revenue · FY 2025
₹5.33 Cr ▲ 24%
Net profit · FY 2025
₹19.82 Lakh margin 3.7%
EBITDA · FY 2025
₹45.64 Lakh margin 8.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 24%
EBITDA CAGR growth
1 year
▲ 10%
3 years · compounded
▲ 173%
Revenue rose 24% in the latest year. EBITDA rose 10% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| 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 | ₹45.64 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹19.82 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 8.6% | |||
| Net Profit Margin | 3.7% | |||
| 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 Mahi Systems Private Limited, buy the company report.
Board of directors of Mahi Systems Private Limited
Mahi Systems has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amitkumar Rashmikant Patel Also directs: Eminent Exim International Private Limited | Director | 25 Sep 2021 | 5 Years 1 Months | Current |
| Rashmikant Shivabhai Patel | Director | 25 Sep 2021 | 5 Years 1 Months | Current |
Auditor
Mahi Systems Private Limited is audited by A Yadav and Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A Yadav and Associates | FY 2023 | 129725W |
Shareholding
The shareholding of Mahi Systems Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Mahi Systems Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2.75 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Jul 2022 | 100593873 | Others | ₹15 Lakh | Open | |
| 29 Jan 2022 | 100545555 | Others | ₹75 Lakh | Open | |
| 29 Jan 2022 | 100545560 | Others | ₹75 Lakh | Open | |
| 29 Jan 2022 | 100545565 | Others | ₹1.1 Cr | Open |
To see the full charge records of Mahi Systems Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Mahi Systems 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 Mahi Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Mahi Systems Private Limited has 1 active EPFO establishment as of Mar 31, 2024.
Active EPFO establishments
1
GST
Mahi Systems has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAPCM0130K1ZL | Gujarat | Active | 31 Oct 2021 |
To see the full GST registrations and return filing status of Mahi Systems Private Limited, buy the company report.
Recent activity
Mahi Systems Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Amitkumar Rashmikant Patel was appointed as Director on 25 Sep 2021.
AGM
Mahi Systems Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Mahi Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others amounted to Rs. 15.00 Lakh with Charge ID 100593873 was registered on 08 Jul 2022.
Charges
A charge with Others of Rs. 110.00 Lakh registered on 29 Jan 2022 with Charge ID 100545565 was modified on 27 Jun 2022.
Charges
A charge with Others amounted to Rs. 75.00 Lakh with Charge ID 100545555 was registered on 29 Jan 2022.
Charges
A charge with Others amounted to Rs. 75.00 Lakh with Charge ID 100545560 was registered on 29 Jan 2022.
Charges
A charge with Others amounted to Rs. 110.00 Lakh with Charge ID 100545565 was registered on 29 Jan 2022.
Appointed
Amitkumar Rashmikant Patel was appointed as Director.
Appointed
Rashmikant Shivabhai Patel was appointed as Director.
Incorporation
25 Sep 2021
Mahi Systems Private Limited was registered on 25 Sep 2021 with Roc Ahmedabad & aged 5 years 1 month as per MCA records.
Frequently asked questions
Mahi Systems is an active private limited company based in Vadodara, Gujarat, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 25 September 2021 (5+ years old) and is registered under CIN U29200GJ2021PTC125868.
Mahi Systems has 2 current directors:
- Amitkumar Rashmikant Patel - Director
- Rashmikant Shivabhai Patel - Director
The latest financial statements of Mahi Systems 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 FY 2022 are in the company report.
The GSTIN of Mahi Systems is 24AAPCM0130K1ZL, registered in Gujarat.
The CIN (Corporate Identification Number) of Mahi Systems is U29200GJ2021PTC125868. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mahi Systems was incorporated on 25 September 2021, making it 5+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Amitkumar Rashmikant Patel was appointed as Director on 25 Sep 2021. Rashmikant Shivabhai Patel was appointed as Director on 25 Sep 2021.
Yes, Mahi Systems is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-24-0046667).
Mahi Systems can be reached through the website mahisystems.co.in. Its registered office is in Vadodara, Gujarat, India.
The registered office of Mahi Systems is at Plot No 5 Shree Hari Industrial Park Por GIDC Ramangamdi Road Por, Vadodara, Gujarat, India – 391243.