- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0098984

About Maitri Enterprises Limited
Data last updated:
Maitri Enterprises Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 30 December 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L45208GJ1991PLC016853. Its GSTIN is 24AABCP1384L2ZB (Gujarat). The company holds 2 GST registrations, all of them active. It is a listed company as per MCA records. Its shares are listed on BSE: 513430.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.4 Cr. It was formerly known as Parth Alluminium Limited and Parth Alluminium Ltd. It is led by directors including Jaikishan Rameshlal Ambwani (Managing Director) and Rameshlal Ambwani Bullchand.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Ahmedabad, Gujarat.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹33.3 Cr, a growth of 16% compared to the previous year. For the same year it recorded a net profit of ₹60 Lakh (net margin 1.8%) and EBITDA of ₹1.29 Cr (EBITDA margin 3.9%). The net worth stands at ₹5.26 Cr (up 11.9% YoY). Total assets are valued at ₹10.18 Cr (down 12.3% YoY).
Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Maitri Enterprises. As per MCA filings, the company has open charges of ₹3.09 Cr and satisfied charges of ₹8.4 Lakh on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it; 1 case is pending. The company has 2 deals on record (1 market trade, 1 funding round), with disclosed funding of ₹2.7 Cr; the latest was in October 2021. The company has 9 MSME Form 1 returns on record between 2019 and 2024, listing 177 overdue payments to 66 micro and small suppliers.
Maitri Enterprises Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0098984). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website maitrienterprises.com.
Company details
Name history
Maitri Enterprises has undergone 2 name changes throughout its history. The company was previously known as Parth Alluminium Limited, and Parth Alluminium Ltd.. The current legal name is Maitri Enterprises Limited.
| Company Name | Status |
|---|---|
| Maitri Enterprises Limited | Current |
| Parth Alluminium Limited | Previous |
| Parth Alluminium Ltd. | Previous |
CIN history
Maitri Enterprises has one previous CIN (Corporate Identification Number): L27109GJ1991PLC016853. The current CIN is L45208GJ1991PLC016853, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L45208GJ1991PLC016853 | Current |
| L27109GJ1991PLC016853 | Previous |
Recognitions & Rankings of Maitri Enterprises
Contact details
Maitri Enterprises Limited's registered office is in Ahmedabad, Gujarat. Its website is maitrienterprises.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressGayatrihouse Ashokvihar Nearmaitriavenuesociety Opp.Govt.Eng.College Motera, Sabarmati, Ahmedabad, Gujarat, India – 380005
- IndustryPharma, Pharmaceutical Retailers & Distributors
To see the full contact details of Maitri Enterprises 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
Brands
Maitri Enterprises operates one associated brand: Maitri Enterprises. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Pharmaceutical products and medical devices are distributed in India. | maitrienterprises.com |
Business activity
The main business activities of Maitri Enterprises are construction and trade. In detail, this covers buildings and wholesale trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Maitri Enterprises Limited, buy the company report.
Financials of Maitri Enterprises Limited
FY 2025-26 filings availableMaitri Enterprises Limited reported revenue of ₹33.3 Cr (up 16% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Income statement | |||||
| Revenue | 33.30 | 28.70 | 19.01 | 13.33 | 20.09 |
| Revenue growth | +16.0% | +51.0% | +42.6% | -33.7% | - |
| EBITDA | 1.29 | 1.13 | 0.24 | 0.51 | 0.69 |
| EBITDA margin | +3.9% | +3.9% | +1.3% | +3.8% | +3.4% |
| Profit before tax | 0.92 | 0.33 | (0.42) | 0.18 | 0.34 |
| Net profit | 0.60 | 0.96 | (0.46) | 0.02 | 0.23 |
| Net profit margin | +1.8% | +3.3% | -2.4% | +0.2% | +1.1% |
| EPS (₹) | 1.37 | 0.38 | (1.02) | 0.00 | 0.51 |
| Balance sheet | |||||
| Total assets | 10.18 | 11.61 | 15.09 | 11.31 | 10.69 |
| Net worth | 5.26 | 4.70 | 4.52 | 4.97 | 4.97 |
| Total debt | 4.83 | 6.89 | 10.54 | 6.34 | 5.72 |
| Cash & bank | 0.51 | 0.43 | 0.55 | 0.45 | 0.42 |
| Net working capital | 5.84 | 7.43 | 9.73 | 9.48 | 9.03 |
| Cash flow | |||||
| Cash from operations | 3.09 | 3.04 | 0.06 | 0.02 | (0.39) |
| Cash from investing | (0.24) | 1.23 | (3.45) | (0.24) | (3.27) |
| Cash from financing | (2.76) | (4.40) | 3.49 | 0.24 | 3.69 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 5.20 | 13.91 | 4.66 | 7.76 | 6.97 | 5.88 | 7.71 | 7.34 |
| Revenue growth (YoY) | -25.4% | +136.6% | -39.6% | +5.7% | -9.7% | - | - | - |
| Other income | 0.00 | 0.04 | 0.01 | 0.30 | 0.07 | (0.06) | 0.02 | 0.08 |
| EBITDA | (0.28) | 0.79 | 0.90 | 0.31 | (0.70) | (0.31) | 0.22 | 0.94 |
| EBITDA margin | -5.4% | +5.7% | +19.3% | +4.0% | -10.0% | -5.3% | +2.9% | +12.8% |
| Depreciation | 0.03 | 0.01 | 0.03 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 |
| Interest | 0.08 | 0.15 | 0.19 | 0.20 | 0.18 | 0.13 | 0.19 | 0.42 |
| Profit before tax | (0.39) | 0.67 | 0.69 | 0.39 | (0.83) | (0.52) | 0.03 | 0.58 |
| Tax | 0.08 | 0.21 | 0.27 | (0.02) | (0.14) | (0.49) | 0.43 | 0.16 |
| Net profit | (0.47) | 0.46 | 0.42 | 0.41 | (0.69) | (0.03) | (0.40) | 0.42 |
| EPS (₹) | (1.05) | 1.07 | 0.95 | 0.93 | (1.58) | (0.04) | (0.89) | 0.99 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 32.19 | 28.66 | 18.35 | 9.90 | 12.58 | 4.55 | 6.66 |
| Revenue growth | +12.3% | +56.2% | +85.4% | -21.3% | +176.5% | -31.7% | - |
| EBITDA | 1.36 | 1.21 | 0.46 | 0.58 | 0.41 | 0.09 | (0.01) |
| EBITDA margin | +4.2% | +4.2% | +2.5% | +5.9% | +3.3% | +2.0% | -0.2% |
| Profit before tax | 1.14 | 0.45 | 0.12 | 0.46 | 0.30 | 0.10 | 0.21 |
| Net profit | 0.82 | 1.14 | 0.08 | 0.32 | 0.22 | 0.06 | 0.16 |
| Net profit margin | +2.6% | +4.0% | +0.4% | +3.2% | +1.8% | +1.3% | +2.4% |
| EPS (₹) | 1.85 | 0.68 | 0.18 | 0.77 | 0.50 | 0.38 | 0.86 |
| Balance sheet | |||||||
| Total assets | 10.86 | 12.01 | 15.40 | 7.71 | 6.73 | 2.45 | 2.08 |
| Net worth | 6.47 | 5.69 | 5.38 | 5.30 | 4.96 | 2.04 | 1.97 |
| Total debt | 4.30 | 6.30 | 9.99 | 2.41 | 1.77 | 0.40 | 0.11 |
| Cash & bank | 0.30 | 0.33 | 0.34 | 0.26 | 0.16 | 0.18 | 0.14 |
| Net working capital | 2.94 | 3.48 | 5.15 | 2.89 | 2.10 | 1.17 | 0.96 |
| Cash flow | |||||||
| Cash from operations | 1.56 | 2.60 | (1.70) | (0.20) | (0.62) | (0.17) | 0.64 |
| Cash from investing | 1.07 | 1.78 | (5.24) | (0.26) | (3.39) | (0.06) | (0.62) |
| Cash from financing | (2.65) | (4.39) | 7.03 | 0.55 | 3.99 | 0.27 | (0.01) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 5.20 | 13.61 | 4.66 | 7.76 | 6.17 | 5.88 | 7.71 | 7.33 |
| Revenue growth (YoY) | -15.7% | +131.5% | -39.6% | +5.9% | -19.8% | - | - | - |
| Other income | 0.02 | 0.24 | 0.04 | 0.11 | 0.11 | (0.06) | 0.02 | 0.08 |
| Total expenses | 4.86 | 12.78 | 3.76 | 7.38 | 6.91 | 6.17 | 7.48 | 6.34 |
| EBITDA | 0.34 | 0.83 | 0.90 | 0.38 | (0.74) | (0.29) | 0.23 | 0.99 |
| EBITDA margin | +6.5% | +6.1% | +19.3% | +4.9% | -12.0% | -4.9% | +3.0% | +13.5% |
| Depreciation | 0.02 | 0.01 | 0.03 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 |
| Interest | 0.07 | 0.14 | 0.17 | 0.19 | 0.16 | 0.12 | 0.17 | 0.41 |
| Profit before tax | 0.27 | 0.92 | 0.74 | 0.28 | (0.81) | (0.49) | 0.06 | 0.64 |
| Tax | 0.08 | 0.21 | (0.18) | (0.02) | (0.14) | (0.49) | 0.43 | 0.16 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 5.20 | 13.91 | 4.66 | 7.76 | 6.97 | 5.88 | 7.71 | 7.34 |
| Revenue growth (YoY) | -25.4% | +136.6% | -39.6% | +5.7% | -9.7% | - | - | - |
| Other income | 0.00 | 0.04 | 0.01 | 0.30 | 0.07 | (0.06) | 0.02 | 0.08 |
| EBITDA | (0.28) | 0.79 | 0.90 | 0.31 | (0.70) | (0.31) | 0.22 | 0.94 |
| EBITDA margin | -5.4% | +5.7% | +19.3% | +4.0% | -10.0% | -5.3% | +2.9% | +12.8% |
| Depreciation | 0.03 | 0.01 | 0.03 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 |
| Interest | 0.08 | 0.15 | 0.19 | 0.20 | 0.18 | 0.13 | 0.19 | 0.42 |
| Profit before tax | (0.39) | 0.67 | 0.69 | 0.39 | (0.83) | (0.52) | 0.03 | 0.58 |
| Tax | 0.08 | 0.21 | 0.27 | (0.02) | (0.14) | (0.49) | 0.43 | 0.16 |
| Net profit | (0.47) | 0.46 | 0.42 | 0.41 | (0.69) | (0.03) | (0.40) | 0.42 |
| EPS (₹) | (1.05) | 1.07 | 0.95 | 0.93 | (1.58) | (0.04) | (0.89) | 0.99 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Revenue | 33.30 | 28.70 | 19.01 | 13.33 | 20.09 |
| Revenue growth | +16.0% | +51.0% | +42.6% | -33.7% | - |
| Other income | 0.42 | 0.04 | 0.13 | 0.11 | 0.06 |
| Total expenses | 32.01 | 27.57 | 18.77 | 12.82 | 19.40 |
| Employee cost | 0.00 | 0.72 | 0.95 | 0.75 | 0.80 |
| EBITDA | 1.29 | 1.13 | 0.24 | 0.51 | 0.69 |
| EBITDA margin | +3.9% | +3.9% | +1.3% | +3.8% | +3.4% |
| Depreciation | 0.08 | 0.07 | 0.06 | 0.07 | 0.09 |
| Interest | 0.71 | 0.77 | 0.73 | 0.37 | 0.32 |
| Profit before tax | 0.92 | 0.33 | (0.42) | 0.18 | 0.34 |
| Tax | 0.32 | 0.16 | 0.04 | 0.16 | 0.11 |
| Net profit | 0.60 | 0.96 | (0.46) | 0.02 | 0.23 |
| Net profit margin | +1.8% | +3.3% | -2.4% | +0.2% | +1.1% |
| EPS (₹) | 1.37 | 0.38 | (1.02) | 0.00 | 0.51 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Equity & liabilities | |||||
| Share capital | 4.40 | 4.40 | 4.40 | 4.40 | 4.40 |
| Reserves & surplus | 0.86 | 0.30 | 0.12 | 0.57 | 0.57 |
| Shareholders' funds (net worth) | 5.26 | 4.70 | 4.52 | 4.97 | 4.97 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 2.22 | 2.95 | 0.03 | 1.74 | 0.05 |
| Unsecured loans | 2.61 | 3.94 | 10.51 | 4.60 | 5.67 |
| Total debt | 4.83 | 6.89 | 10.54 | 6.34 | 5.72 |
| Total liabilities | 10.18 | 11.61 | 15.09 | 11.31 | 10.69 |
| Assets | |||||
| Gross block | 1.13 | 0.90 | 0.82 | 0.76 | 0.73 |
| Net block | 0.39 | 0.24 | 0.23 | 0.23 | 0.28 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 3.74 | 3.74 | 3.92 | 0.27 | 0.27 |
| Inventories | 4.14 | 5.73 | 6.50 | 7.92 | 6.13 |
| Sundry debtors | 5.19 | 5.41 | 8.75 | 7.47 | 8.94 |
| Cash & bank balances | 0.51 | 0.43 | 0.55 | 0.45 | 0.42 |
| Loans & advances | 0.45 | 0.61 | 0.52 | 0.73 | 0.39 |
| Total current assets | 10.29 | 12.18 | 16.32 | 16.57 | 15.88 |
| Total current liabilities | 4.45 | 4.75 | 6.59 | 7.09 | 6.85 |
| Net working capital | 5.84 | 7.43 | 9.73 | 9.48 | 9.03 |
| Total assets | 10.18 | 11.61 | 15.09 | 11.31 | 10.69 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Opening cash | 0.43 | 0.55 | 0.45 | 0.42 | 0.39 |
| Net cash from operating activities | 3.09 | 3.04 | 0.06 | 0.02 | (0.39) |
| Net cash from investing activities | (0.24) | 1.23 | (3.45) | (0.24) | (3.27) |
| Net cash from financing activities | (2.76) | (4.40) | 3.49 | 0.24 | 3.69 |
| Net change in cash | 0.09 | (0.12) | 0.10 | 0.02 | 0.03 |
| Closing cash | 0.51 | 0.43 | 0.55 | 0.45 | 0.42 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Growth | |||||
| Sales growth | +16.0% | +51.0% | +42.6% | -33.7% | - |
| EBITDA growth | +14.2% | +370.8% | -52.9% | -26.1% | - |
| PBT growth | +178.8% | +9998.0% | - | -47.1% | +9997.0% |
| Net income growth | -37.5% | +308.7% | -2400.0% | -91.3% | - |
| Revenue CAGR (3Y) | +35.7% | +12.6% | - | - | - |
| EBITDA CAGR (3Y) | +36.3% | +17.9% | - | - | - |
| Profitability & leverage | |||||
| Net income margin | +1.8% | +0.6% | -2.4% | +0.2% | +1.1% |
| Return on capital employed | - | +15.8% | 0.0% | +4.9% | +6.2% |
| Return on net worth | - | +20.8% | 0.0% | 0.0% | +4.6% |
| Debt / equity | - | 1.89 | 1.78 | 1.21 | 1.15 |
| Long-term debt / equity | - | 1.49 | 1.14 | 0.42 | 0.64 |
| Interest cover | 58.68 | 72.64 | 405.56 | 84.09 | 53.33 |
| Efficiency & per share | |||||
| Fixed asset turnover | - | 33.37 | 24.06 | 17.89 | 27.52 |
| Inventory turnover | - | 4.69 | 2.64 | 1.90 | 3.28 |
| Debtors turnover | - | 4.05 | 2.34 | 1.62 | 2.25 |
| EPS (₹) | 1.37 | 0.38 | (1.02) | 0.00 | 0.51 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 10.67 | 10.27 | 11.29 | 11.29 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 5.20 | 13.61 | 4.66 | 7.76 | 6.17 | 5.88 | 7.71 | 7.33 |
| Revenue growth (YoY) | -15.7% | +131.5% | -39.6% | +5.9% | -19.8% | - | - | - |
| Other income | 0.02 | 0.24 | 0.04 | 0.11 | 0.11 | (0.06) | 0.02 | 0.08 |
| Total expenses | 4.86 | 12.78 | 3.76 | 7.38 | 6.91 | 6.17 | 7.48 | 6.34 |
| EBITDA | 0.34 | 0.83 | 0.90 | 0.38 | (0.74) | (0.29) | 0.23 | 0.99 |
| EBITDA margin | +6.5% | +6.1% | +19.3% | +4.9% | -12.0% | -4.9% | +3.0% | +13.5% |
| Depreciation | 0.02 | 0.01 | 0.03 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 |
| Interest | 0.07 | 0.14 | 0.17 | 0.19 | 0.16 | 0.12 | 0.17 | 0.41 |
| Profit before tax | 0.27 | 0.92 | 0.74 | 0.28 | (0.81) | (0.49) | 0.06 | 0.64 |
| Tax | 0.08 | 0.21 | (0.18) | (0.02) | (0.14) | (0.49) | 0.43 | 0.16 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 32.19 | 28.66 | 18.35 | 9.90 | 12.58 | 4.55 | 6.66 |
| Revenue growth | +12.3% | +56.2% | +85.4% | -21.3% | +176.5% | -31.7% | - |
| Other income | 0.51 | 0.04 | 0.26 | 0.03 | 0.03 | 0.08 | 0.27 |
| Total expenses | 30.83 | 27.45 | 17.89 | 9.32 | 12.17 | 4.46 | 6.67 |
| Employee cost | 0.00 | 0.72 | 0.93 | 0.57 | 0.58 | 0.36 | 0.27 |
| EBITDA | 1.36 | 1.21 | 0.46 | 0.58 | 0.41 | 0.09 | (0.01) |
| EBITDA margin | +4.2% | +4.2% | +2.5% | +5.9% | +3.3% | +2.0% | -0.2% |
| Depreciation | 0.07 | 0.07 | 0.05 | 0.06 | 0.07 | 0.05 | 0.04 |
| Interest | 0.66 | 0.73 | 0.55 | 0.09 | 0.07 | 0.02 | 0.01 |
| Profit before tax | 1.14 | 0.45 | 0.12 | 0.46 | 0.30 | 0.10 | 0.21 |
| Tax | 0.32 | 0.16 | 0.04 | 0.14 | 0.08 | 0.04 | 0.05 |
| Net profit | 0.82 | 1.14 | 0.08 | 0.32 | 0.22 | 0.06 | 0.16 |
| Net profit margin | +2.6% | +4.0% | +0.4% | +3.2% | +1.8% | +1.3% | +2.4% |
| EPS (₹) | 1.85 | 0.68 | 0.18 | 0.77 | 0.50 | 0.38 | 0.86 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 4.40 | 4.40 | 4.40 | 4.40 | 4.40 | 1.90 | 1.90 |
| Reserves & surplus | 2.07 | 1.29 | 0.98 | 0.90 | 0.56 | 0.14 | 0.07 |
| Shareholders' funds (net worth) | 6.47 | 5.69 | 5.38 | 5.30 | 4.96 | 2.04 | 1.97 |
| Secured loans | 2.22 | 2.95 | 0.03 | 0.03 | 0.05 | 0.08 | 0.00 |
| Unsecured loans | 2.08 | 3.35 | 9.96 | 2.38 | 1.72 | 0.32 | 0.11 |
| Total debt | 4.30 | 6.30 | 9.99 | 2.41 | 1.77 | 0.40 | 0.11 |
| Total liabilities | 10.86 | 12.01 | 15.40 | 7.71 | 6.73 | 2.45 | 2.08 |
| Assets | |||||||
| Gross block | 0.86 | 0.63 | 0.55 | 0.49 | 0.46 | 0.43 | 0.27 |
| Net block | 0.33 | 0.17 | 0.16 | 0.15 | 0.18 | 0.22 | 0.10 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 6.83 | 6.83 | 7.02 | 3.37 | 3.37 | 0.00 | 0.00 |
| Inventories | 4.14 | 4.67 | 5.36 | 5.93 | 4.16 | 3.14 | 2.23 |
| Sundry debtors | 2.49 | 2.30 | 5.26 | 1.86 | 2.33 | 1.57 | 1.10 |
| Cash & bank balances | 0.30 | 0.33 | 0.34 | 0.26 | 0.16 | 0.18 | 0.14 |
| Loans & advances | 0.41 | 0.62 | 0.45 | 0.60 | 0.36 | 0.23 | 0.07 |
| Total current assets | 7.34 | 7.92 | 11.41 | 8.65 | 7.01 | 5.12 | 3.54 |
| Total current liabilities | 4.40 | 4.44 | 6.26 | 5.76 | 4.91 | 3.95 | 2.58 |
| Net working capital | 2.94 | 3.48 | 5.15 | 2.89 | 2.10 | 1.17 | 0.96 |
| Total assets | 10.86 | 12.01 | 15.40 | 7.71 | 6.73 | 2.45 | 2.08 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.33 | 0.34 | 0.26 | 0.16 | 0.18 | 0.14 | 0.12 |
| Net cash from operating activities | 1.56 | 2.60 | (1.70) | (0.20) | (0.62) | (0.17) | 0.64 |
| Net cash from investing activities | 1.07 | 1.78 | (5.24) | (0.26) | (3.39) | (0.06) | (0.62) |
| Net cash from financing activities | (2.65) | (4.39) | 7.03 | 0.55 | 3.99 | 0.27 | (0.01) |
| Net change in cash | (0.03) | (0.02) | 0.09 | 0.09 | (0.01) | 0.04 | 0.01 |
| Closing cash | 0.30 | 0.33 | 0.34 | 0.26 | 0.16 | 0.18 | 0.14 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +12.3% | +56.2% | +85.4% | -21.3% | +176.5% | -31.7% | - |
| EBITDA growth | +12.4% | +163.0% | -20.7% | +41.5% | +355.6% | +1000.0% | - |
| PBT growth | +153.3% | +275.0% | -73.9% | +53.3% | +200.0% | -52.4% | +2000.0% |
| Net income growth | -28.1% | +1325.0% | -75.0% | +45.5% | +266.7% | -62.5% | - |
| Revenue CAGR (3Y) | +48.2% | +31.6% | +59.2% | +14.1% | +26.9% | +87.5% | +118.3% |
| EBITDA CAGR (3Y) | +32.9% | +43.4% | +72.3% | - | - | - | -41.5% |
| Profitability & leverage | |||||||
| Net income margin | +2.6% | +1.0% | +0.4% | +3.2% | +1.8% | +1.3% | +2.4% |
| Return on capital employed | - | +16.1% | +5.8% | +7.8% | +8.1% | +5.8% | +11.1% |
| Return on net worth | - | +20.8% | +1.5% | +6.6% | +6.3% | +3.5% | +8.3% |
| Debt / equity | - | 1.47 | 1.16 | 0.41 | 0.31 | 0.13 | 0.03 |
| Long-term debt / equity | - | 1.20 | 0.95 | 0.03 | 0.06 | 0.12 | 0.03 |
| Interest cover | 51.16 | 64.04 | 134.15 | 17.31 | 20.59 | 50.00 | -20.00 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 48.58 | 35.29 | 20.84 | 28.27 | 13.00 | 25.13 |
| Inventory turnover | - | 5.71 | 3.25 | 1.96 | 3.45 | 1.69 | 3.18 |
| Debtors turnover | - | 7.58 | 5.15 | 4.73 | 6.45 | 3.41 | 5.37 |
| EPS (₹) | 1.85 | 0.68 | 0.18 | 0.77 | 0.50 | 0.38 | 0.86 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 12.93 | 12.23 | 12.05 | 11.28 | 10.76 | 10.38 |
To see the full year-wise statements and ratios of Maitri Enterprises Limited, buy the company report.
Board of directors of Maitri Enterprises Limited
Maitri Enterprises has 6 current directors and 19 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rameshlal Ambwani Bullchand | Director | 14 Jul 2011 | 15 Years 3 Months | Current |
| Sarla Jaikishan Ambwani Also directs: Bsa Infrabuild LLP, Gayatri Infrastructure Limited, Satyabhamadevi Bulchand Memorial Hospital Private Limited and 3 more | Director | 10 Mar 2015 | 11 Years 7 Months | Current |
| Jaikishan Rameshlal Ambwani Also directs: Bulsons Corporation LLP, Bsa Infrabuild LLP, Gayatri Infrastructure Limited and 5 more | Managing Director | 12 Aug 2016 | 10 Years 2 Months | Current |
| Rakesh S Lakhani | Director | 14 Jul 2021 | 5 Years 3 Months | Current |
| Deepak Ambwani Also directs: Bulsons Corporation LLP, Bsa Infrabuild LLP, M Pious Innovative Health Care LLP and 5 more | Director | 10 Nov 2020 | 5 Years 11 Months | Current |
| Bharat Ramjibhai Sisodia | Additional Director | 14 Nov 2025 | 0 Years 11 Months | Current |
Auditor
Maitri Enterprises Limited is audited by SHAILESH GANDHI & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHAILESH GANDHI & ASSOCIATES | FY 2023 | 109860W |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 63.00%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 37.00%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 63.00% | 63.00% | 63.00% | 63.00% |
| Public | 37.00% | 37.00% | 37.00% | 37.00% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Nov 2025 | 101187912 | Bank of India | ₹19.3 Lakh | Open | |
| 03 Oct 2024 | 100986946 | Bank of India | ₹2.9 Cr | Open | |
| 03 Oct 2020 | 100383472 | Bank of India | ₹8.4 Lakh | Satisfied |
To see the full charge records of Maitri Enterprises Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Maitri Enterprises Limited has 2 deals on record (1 market trade, 1 funding round), with disclosed funding of ₹2.7 Cr; the latest was in October 2021.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2021 | Funding round | ₹2.7 Cr | Investors: 4 individuals |
| Mar 2021 | Market trade | ₹1.3 Lakh | Buyer: Aumit Capital Advisors Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Maitri Enterprises Limited has 3 court cases on record: 1 filed by Maitri Enterprises, 2 filed against it. 1 case is pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Civil suit | Filed against the company by Ms Walplast Products Pvt Ltd Through Its Constituted Power of Attorney Mr Sanket Jariwala | Pending |
| District court, Khurda, Odisha | Court case (I . c. c) | Filed against the company by Reliance Capital Ltd. | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CS CCC) | Filed by the company against an individual | Disposed |
To see the full case history of Maitri Enterprises 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
Maitri Enterprises Limited has 9 MSME Form 1 returns on record between 2019 and 2024, listing 177 overdue payments to 66 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 66)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Shree Krishna RMC | |||
| an individual supplier | |||
| Ketan & Company | |||
| an individual supplier | |||
| Alpic Remedies Limited |
To see the full MSME payment records of Maitri Enterprises Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Maitri Enterprises has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Bsa Marketing Private Limited | U51100GJ2005PTC047167 |
To see the full group structure of Maitri Enterprises Limited, buy the company report.
GST
Maitri Enterprises has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCP1384L2ZB | Gujarat | Active | 27 Dec 2019 |
| 24AABCP1384L4Z9 | Gujarat | Active | 06 Mar 2023 |
To see the full GST registrations and return filing status of Maitri Enterprises Limited, buy the company report.
Recent activity
Maitri Enterprises Limited has 35 board changes on record since 1991: 21 appointments and 14 cessations. The latest: Bharat Ramjibhai Sisodia was appointed as Additional Director on 14 Nov 2025.
30 earlier events are in the company report.
Frequently asked questions
Maitri Enterprises is an active public limited company based in Ahmedabad, Gujarat, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 30 December 1991 (35+ years old) and is registered under CIN L45208GJ1991PLC016853. Listed on BSE: 513430.
Maitri Enterprises reported revenue of ₹33.3 Cr for FY 2025-26 (up 16% YoY) based on consolidated financials.
Maitri Enterprises has 6 current directors:
- Jaikishan Rameshlal Ambwani - Managing Director
- Rameshlal Ambwani Bullchand - Director
- Sarla Jaikishan Ambwani - Director
- Rakesh S Lakhani - Director
- Deepak Ambwani - Director
- Bharat Ramjibhai Sisodia - Additional Director
The latest financial statements of Maitri Enterprises on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Maitri Enterprises is 24AABCP1384L2ZB, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AABCP1384L4Z9 (Gujarat).
The CIN (Corporate Identification Number) of Maitri Enterprises is L45208GJ1991PLC016853. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Maitri Enterprises is a listed company as per MCA records. Its shares are listed on BSE (code: 513430).
Maitri Enterprises has 3 court cases on record: 1 filed by the company and 2 filed against it. 1 is pending.
Maitri Enterprises was incorporated on 30 December 1991, making it 35+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Maitri Enterprises has 2 deals on record (1 market trade, 1 funding round), with disclosed funding of ₹2.7 Cr; the latest was in October 2021.
Bharat Ramjibhai Sisodia was appointed as Additional Director on 14 Nov 2025. Harishkumar Ishwarlal Motwani ceased to be Director on 14 Nov 2025. Harishkumar Ishwarlal Motwani was appointed as Director on 17 Jul 2021. Maitri Enterprises has 35 board changes on record in total.