About Maithan Advanced Materials Limited
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Maithan Advanced Materials Limited is a public limited company based in Kolkata, West Bengal, India, a subsidiary of Maithan Ceramic Ltd. It operates in the construction materials segment of the manufacturing sector. It was incorporated on 30 October 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U36999WB2019PLC234542. Its GSTIN is 19AANCM0361J1Z7 (West Bengal).
The company has an authorised share capital of ₹100 Cr and a paid-up capital of ₹93 Cr. It is led by directors including Aditya Agarwalla (Managing Director) and Ayushi Khaitan.
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 Kolkata, West Bengal.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.82 Lakh, a decline of 29% compared to the previous year. For the same year it recorded a net loss of ₹1.13 Cr and EBITDA of -₹1.15 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website maithanceramic.in.
Company details
Contact details
Maithan Advanced Materials Limited's registered office is in Kolkata, West Bengal. Its website is maithanceramic.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address182 Ajc Bose Road 9th Floor, Unit No. 9B And 9C, Kolkata, West Bengal, India – 700014
- IndustryManufacturing, Construction Materials
To see the full contact details of Maithan Advanced Materials Limited, buy the company report.
- 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
Financials of Maithan Advanced Materials Limited
FY 2025 filings availableMaithan Advanced Materials Limited reported revenue of ₹7.82 Lakh (down 29% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 29% 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 | FY 2020-21 |
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| EBITDA | -₹1.15 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.13 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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To see the full financial statements and ratios of Maithan Advanced Materials Limited, buy the company report.
Board of directors of Maithan Advanced Materials Limited
Maithan Advanced Materials has 5 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aditya Agarwalla | Managing Director | 30 Oct 2019 | 7 Years 0 Months | Current |
| Ayushi Khaitan | Director | 09 May 2025 | 1 Years 6 Months | Current |
| Vedant Agarwal | Director | 17 Oct 2024 | 2 Years 0 Months | Current |
| Ashok Kumar Sipani Also directs: Decorative Panels & Doors Private Limited | Director | 12 Oct 2023 | 3 Years 1 Months | Current |
| Sanchita Rameka Also directs: Brandman Retail Limited | Director | 09 May 2025 | 1 Years 6 Months | Current |
Peer comparison
Maithan Advanced Materials Limited is compared with the 10 companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| NS Autocare (OPC) Private Limited | ₹7.89 Lakh (FY 2025) | -95.0% | Indore, Madhya Pradesh, India | |||
| Thor Power Systems (India) Private Limited | ₹7.88 Lakh (FY 2025) | 5.0% | Chennai, Tamil Nadu, India | |||
| Asianlak Properties Private Limited | ₹7.88 Lakh (FY 2024) | Punjab, India | ||||
| Hexmesh Products & Services Private Limited | ₹7.84 Lakh (FY 2025) | -50.0% | Salem, Tamil Nadu, India | |||
| Finite3d Private Limited | ₹7.83 Lakh (FY 2025) | -10.0% | Pune, Maharashtra, India | |||
| Maithan Advanced Materials Limitedthis company | ₹7.82 Lakh (FY 2025) | -₹1.13 Cr | -29.0% | Kolkata, West Bengal, India | ||
| Actionate Controls Private Limited | ₹7.8 Lakh (FY 2025) | 8.0% | Pune, Maharashtra, India | |||
| Essential Power Transmission Pvt Ltd | ₹7.8 Lakh (FY 2025) | Mumbai, Maharashtra, India | ||||
| Thermofriz Insulations Ltd. | ₹7.74 Lakh (FY 2024) | 273.0% | Kolkata, West Bengal, India | |||
| Itech Air Filter India Private Limited | ₹7.74 Lakh (FY 2021) | Bommasandra, Karnataka, India | ||||
| Perfect Radiators and Oil Coolers Private Limited | ₹7.73 Lakh (FY 2025) | 14.0% | New Delhi, Delhi, India |
To see the full peer comparison of Maithan Advanced Materials Limited, buy the company report.
Auditor
Maithan Advanced Materials Limited is audited by A.K. GUTGUTIA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A.K. GUTGUTIA & ASSOCIATES | FY 2023 | 327314E |
Shareholding
The shareholding of Maithan Advanced Materials Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Maithan Advanced Materials Limited, buy the company report.
Legal cases
No court or tribunal cases involving Maithan Advanced Materials 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 Maithan Advanced Materials Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Maithan Advanced Materials has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AANCM0361J1Z7 | West Bengal | Active | 23 Nov 2019 |
To see the full GST registrations and return filing status of Maithan Advanced Materials Limited, buy the company report.
Recent activity
Maithan Advanced Materials Limited has 12 board changes on record since 2019: 5 appointments and 7 cessations. The latest: Ayushi Khaitan ceased to be Additional Director on 29 Sep 2025.
3 earlier events are in the company report.
Frequently asked questions
Maithan Advanced Materials is an active public limited company based in Kolkata, West Bengal, India. The company works in construction materials, within the manufacturing industry. It was incorporated on 30 October 2019 (7+ years old) and is registered under CIN U36999WB2019PLC234542.
Maithan Advanced Materials has 5 current directors:
- Aditya Agarwalla - Managing Director
- Ayushi Khaitan - Director
- Vedant Agarwal - Director
- Ashok Kumar Sipani - Director
- Sanchita Rameka - Director
The latest financial statements of Maithan Advanced Materials 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 2020 are in the company report.
The GSTIN of Maithan Advanced Materials is 19AANCM0361J1Z7, registered in West Bengal.
The CIN (Corporate Identification Number) of Maithan Advanced Materials is U36999WB2019PLC234542. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maithan Advanced Materials was incorporated on 30 October 2019, making it 7+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Maithan Advanced Materials by revenue are NS Autocare (OPC) Private Limited, Thor Power Systems (India) Private Limited, Asianlak Properties Private Limited, Hexmesh Products & Services Private Limited, Finite3d Private Limited and 5 more, all in the Machinery and Equipment industry (Industrial Products Manufacturers).
Ayushi Khaitan ceased to be Additional Director on 29 Sep 2025. Sanchita Rameka ceased to be Additional Director on 29 Sep 2025. Vedant Agarwal ceased to be Additional Director on 29 Sep 2025. Maithan Advanced Materials has 12 board changes on record in total.
Maithan Advanced Materials can be reached through the website maithanceramic.in. Its registered office is in Kolkata, West Bengal, India.
The registered office of Maithan Advanced Materials is at 182 Ajc Bose Road 9th Floor, Unit No. 9B And 9C, Kolkata, West Bengal, India – 700014.
Maithan Advanced Materials operates in the manufacturing industry, in the construction materials segment.
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