- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-20-0009779

About Maitri Cast Private Limited
Data last updated:
Maitri Cast Private Limited is a private limited company based in Kuvadwa, Gujarat, India. It operates in the die casting and metal forming segment of the manufacturing sector. It was incorporated on 07 July 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U27300GJ2010PTC061477. Its GSTIN is 24AAGCM6288B1ZI (Gujarat). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹2.5 Cr. It is led by directors Meena Hareshbhai Dave and Hareshbhai Manilal Dave.
Its last annual general meeting (AGM) was held on 28 October 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Lane – D Plot No. 84 85 & 86 GIDC Kuvadwa Opp. Kamdhenu Cement Rajkot – Ahmedabad, NH, Gujarat, India – 360005.
As per the financials filed for FY 2023, the company reported a revenue of ₹6.02 Cr. For the same year it recorded a net profit of ₹19.4 Lakh (net margin 3.2%) and EBITDA of ₹70.99 Lakh (EBITDA margin 11.8%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 7% over five years.
As per MCA filings, the company has open charges of ₹6.02 Cr and satisfied charges of ₹60 Lakh on record. Court records list 1 case involving the company, including 1 filed by the company.
Maitri Cast Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-20-0009779). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website maitricast.com.
Company details
Recognitions & Rankings of Maitri Cast
Contact details
Maitri Cast Private Limited's registered office is in Kuvadwa, Gujarat. Its website is maitricast.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressLane – D Plot No. 84 85 & 86 GIDC Kuvadwa Opp. Kamdhenu Cement Rajkot – Ahmedabad, NH, Gujarat, India – 360005
- IndustryManufacturing, Die Casting & Metal Forming
To see the full contact details of Maitri Cast Private 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
Business activity
The main business activity of Maitri Cast 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 Maitri Cast Private Limited, buy the company report.
Financials of Maitri Cast Private Limited
FY 2024 filings availableMaitri Cast Private Limited reported revenue of ₹6.02 Cr for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years. EBITDA rose 7% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹6.02 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹70.99 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹19.4 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.8% | ||||
| Net Profit Margin | 3.2% | ||||
| 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 Maitri Cast Private Limited, buy the company report.
Board of directors of Maitri Cast Private Limited
Maitri Cast has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Meena Hareshbhai Dave | Director | 28 Nov 2015 | 10 Years 11 Months | Current |
| Hareshbhai Manilal Dave | Director | 07 Jul 2010 | 16 Years 3 Months | Current |
Peer comparison
Maitri Cast Private Limited is compared with the 5 companies closest to it by revenue in the Manufacturing industry (Die Casting), 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 |
|---|---|---|---|---|---|---|
| Rudraksh Technocast Private Limited | ₹6.08 Cr (FY 2025) | 2.0% | Rajkot, Gujarat, India | |||
| Euphoric Technocast Private Limited | ₹6.07 Cr (FY 2025) | 403.0% | Gondal, Gujarat, India | |||
| Fern Technocast Private Limited | ₹6.05 Cr (FY 2025) | -9.0% | New Delhi, Delhi, India | |||
| Deep Invacasting (Gujarat) Private Limited | ₹6.05 Cr (FY 2025) | 16.0% | Ahmedabad, Gujarat, India | |||
| Maitri Cast Private Limitedthis company | ₹6.02 Cr (FY 2023) | ₹19.4 Lakh | 3.2% | Kuvadwa, Gujarat, India | ||
| Noble Marketiers Private Limited | ₹5.96 Cr (FY 2025) | 10.0% | Howrah, West Bengal, India |
To see the full peer comparison of Maitri Cast Private Limited, buy the company report.
Auditor
Maitri Cast Private Limited is audited by ASHOK D RAM (A D RAM & Co.) for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ASHOK D RAM (A D RAM & Co.) | FY 2023 | 159803 |
Shareholding
The shareholding of Maitri Cast 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Maitri Cast Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Jul 2020 | 100397217 | Others | ₹45.42 Lakh | Open | |
| 30 Dec 2015 | 10613055 | Central Bank of India Limited | ₹1.45 Cr | Open | |
| 15 Nov 2010 | 10249608 | Others | ₹2.62 Cr | Open | |
| 23 Oct 2010 | 10249612 | Central Bank of India Limited | ₹1.5 Cr | Open | |
| 23 Oct 2010 | 10249609 | Central Bank of India Limited | ₹60 Lakh | Satisfied |
To see the full charge records of Maitri Cast Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Maitri Cast Private Limited has 1 court case on record: 1 filed by Maitri Cast. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, RAJKOT, Gujarat | Court case (SMST R) | Filed by the company against Sanullah Khan Director of India Flex Industries Pvt.Ltd | Disposed |
To see the full case history of Maitri Cast Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Maitri Cast Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Maitri Cast has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCM6288B1ZI | Gujarat | Active | 01 Jul 2017 |
| 24AAGCM6288B1DR | Gujarat | Active | 23 Jun 2025 |
To see the full GST registrations and return filing status of Maitri Cast Private Limited, buy the company report.
Recent activity
Maitri Cast Private Limited has 4 board changes on record since 2010: 2 appointments and 2 cessations. The latest: Meena Hareshbhai Dave ceased to be Additional Director on 30 Sep 2017.
3 earlier events are in the company report.
Frequently asked questions
Maitri Cast is an active private limited company based in Kuvadwa, Gujarat, India. The company works in die casting and metal forming, within the manufacturing industry. It was incorporated on 07 July 2010 (16+ years old) and is registered under CIN U27300GJ2010PTC061477.
Maitri Cast has 2 current directors:
- Meena Hareshbhai Dave - Director
- Hareshbhai Manilal Dave - Director
The latest financial statements of Maitri Cast on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 28 October 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Maitri Cast is 24AAGCM6288B1ZI, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AAGCM6288B1DR (Gujarat).
The CIN (Corporate Identification Number) of Maitri Cast is U27300GJ2010PTC061477. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maitri Cast has 1 court case on record: 1 filed by the company.
Maitri Cast was incorporated on 07 July 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Maitri Cast by revenue are Rudraksh Technocast Private Limited, Euphoric Technocast Private Limited, Fern Technocast Private Limited, Deep Invacasting (Gujarat) Private Limited, Noble Marketiers Private Limited, all in the Manufacturing industry (Die Casting), with the same principal business activity (metal and metal products).
Meena Hareshbhai Dave ceased to be Additional Director on 30 Sep 2017. Meena Hareshbhai Dave was appointed as Director on 28 Nov 2015. Nitesh Mohanlal Butani ceased to be Director on 28 Nov 2015. Maitri Cast has 4 board changes on record in total.
Yes, Maitri Cast is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-20-0009779).
Maitri Cast can be reached through the website maitricast.com. Its registered office is in Kuvadwa, Gujarat, India.

