About Makharia Machineries Private Limited
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Makharia Machineries Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 01 May 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U31300MH1995PTC087908. Its GSTIN is 27AAACM2855Q1ZY (Maharashtra). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2.07 Lakh. It is led by directors including Ashish Shyamsunder Makharia and Rishi Shyamsundar Makharia.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 101 Bombay Samachar Marg, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2024, the company reported a revenue of ₹263.21 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹11.29 Cr (net margin 4.3%) and EBITDA of ₹17.69 Cr (EBITDA margin 6.7%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years and 13% over five years.
The company has about 55 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Makharia Machineries. As per MCA filings, the company has open charges of ₹31.2 Cr and satisfied charges of ₹11.73 Cr on record. Court records list 36 cases involving the company, including 34 filed by the company and 2 filed against it; 18 cases are pending. The company has 1 deal on record (1 secondary share transfer); the latest was in June 2015.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website makharia.in.
Company details
Contact details
Makharia Machineries Private Limited's registered office is in Mumbai, Maharashtra. Its website is makharia.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address101 Bombay Samachar Marg, Mumbai, Maharashtra, India – 400001
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Makharia Machineries 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
Brands
Makharia Machineries operates one associated brand: Makharia Machineries. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Industrial motors, gearboxes, pumps, and lubricants supply in India. | makharia.in |
Business activity
The main business activity of Makharia Machineries is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Makharia Machineries Private Limited, buy the company report.
Financials of Makharia Machineries Private Limited
FY 2024 filings availableMakharia Machineries Private Limited reported revenue of ₹263.21 Cr (up 8% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 8% growth 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹17.69 Cr | ||||
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| Net Profit (PAT) | ₹11.29 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 6.7% | ||||
| Net Profit Margin | 4.3% | ||||
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To see the full financial statements and ratios of Makharia Machineries Private Limited, buy the company report.
Board of directors of Makharia Machineries Private Limited
Makharia Machineries has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashish Shyamsunder Makharia Also directs: Swastik Starchem Private Limited, Makharia EV Tech Private Limited | Director | 01 May 1995 | 31 Years 5 Months | Current |
| Rishi Shyamsundar Makharia Also directs: Swastik Starchem Private Limited, Makharia EV Tech Private Limited | Director | 01 May 1995 | 31 Years 5 Months | Current |
| Rajrani Shyamsunder Makharia Also directs: Swastik Starchem Private Limited | Director | 01 May 1995 | 31 Years 5 Months | Current |
Auditor
Makharia Machineries Private Limited is audited by N H GAJRIA AND COMPANY for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N H GAJRIA AND COMPANY | FY 2022 | 0102928W |
Shareholding
The shareholding of Makharia Machineries 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 Makharia Machineries Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Jan 2024 | 100870534 | Others | ₹20 Lakh | Open | |
| 22 Sep 2023 | 100813263 | Others | ₹18 Cr | Open | |
| 31 Mar 2019 | 100255491 | Axis Bank Limited | ₹13 Cr | Open | |
| 12 Nov 2006 | 90357724 | Others | ₹10 Cr | Satisfied | |
| 12 Nov 2001 | 90352950 | Punjab National Bank | ₹98 Lakh | Satisfied |
To see the full charge records of Makharia Machineries Private Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Makharia Machineries Private Limited has 1 deal on record (1 secondary share transfer); the latest was in June 2015.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Makharia Machineries Private Limited has 36 court cases on record: 34 filed by Makharia Machineries, 2 filed against it. 18 cases are pending and 18 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 29 | 2 | 18 |
| High courts | 5 | 0 | 0 |
| NCLT | 2 | 0 | 0 |
Cases on record (5 of 36)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Filed by the company against BM Techno Machines Pvt Ltd and 3 Ors and 2 others | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed by the company against Pramukh Paper Products Pvt Ltd and 1 other | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed by the company against Sushitex Industries Private Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Filed by the company against Kuksons Electronics Pvt Ltd and 2 Ors and 3 others | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed by the company against Vedant Starch Pvt. Ltd. | Disposed |
To see the full case history of Makharia Machineries 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.
Credit ratings & regulatory alerts
Makharia Machineries Private Limited was last rated by Crisil on 28 May 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 28 May 2020 |
To see the full credit ratings and regulatory alerts of Makharia Machineries Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Makharia Machineries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Makharia Machineries Private Limited has a workforce of 55 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Makharia Machineries has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACM2855Q1ZY | Maharashtra | Active | 01 Jul 2017 |
| 24AAACM2855Q1Z4 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Makharia Machineries Private Limited, buy the company report.
Recent activity
Makharia Machineries Private Limited has 4 board changes on record since 1995: 3 appointments and 1 cessation. The latest: Shyam Sunder Makharia ceased to be Director on 16 Jun 2015.
7 earlier events are in the company report.
Frequently asked questions
Makharia Machineries is an active private limited company based in Mumbai, Maharashtra, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 01 May 1995 (31+ years old) and is registered under CIN U31300MH1995PTC087908.
Makharia Machineries has 3 current directors:
- Ashish Shyamsunder Makharia - Director
- Rishi Shyamsundar Makharia - Director
- Rajrani Shyamsunder Makharia - Director
The latest financial statements of Makharia Machineries on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Makharia Machineries is 27AAACM2855Q1ZY, registered in Maharashtra. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 24AAACM2855Q1Z4 (Gujarat).
The CIN (Corporate Identification Number) of Makharia Machineries is U31300MH1995PTC087908. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Makharia Machineries has 36 court cases on record: 34 filed by the company and 2 filed against it. 18 are pending. Most are in the district courts.
Makharia Machineries was incorporated on 01 May 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.
Makharia Machineries has 1 deal on record (1 secondary share transfer); the latest was in June 2015.
Shyam Sunder Makharia ceased to be Director on 16 Jun 2015. Ashish Shyamsunder Makharia was appointed as Director on 01 May 1995. Rajrani Shyamsunder Makharia was appointed as Director on 01 May 1995. Makharia Machineries has 4 board changes on record in total.
Makharia Machineries can be reached through the website makharia.in. Its registered office is in Mumbai, Maharashtra, India.