MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-19-0159304
Malet Engineering Limited
Malet Engineering Limited - manufacturing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹1.57 Cr
▲ 43% YoY
Net profit · FY 2024
₹43,758
Net margin 0.3%
EBITDA · FY 2024
₹54.89 Lakh
EBITDA margin 35%
Authorised capital
₹60 Lakh
Registered with MCA
Paid-up capital
₹36.51 Lakh
Issued & subscribed
Open charges
₹8.93 Cr
Satisfied ₹7.04 Cr
Company age
70 yrs
Est. 1956
Directors on board
3
As per MCA filings
About Malet Engineering Limited
Data last updated:
Malet Engineering Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 28 March 1956 and has been in existence for over 70 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29193MH1956PLC019743. Its GSTIN is 27AACCM6206F1ZQ (Maharashtra).
The company has an authorised share capital of ₹60 Lakh and a paid-up capital of ₹36.51 Lakh. It was formerly known as Minimax of India Private Limited and Minimax of India Limited. It is led by directors including Sujata Kashiram Bachim and Prakash Govind Karnani.
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 301 Kewal Industrial Estatesenapati Bapat Marg Lower Parel(W), Mumbai, Maharashtra, India – 400010.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.57 Cr, a growth of 43% compared to the previous year. For the same year it recorded a net profit of ₹43,758 (net margin 0.3%) and EBITDA of ₹54.89 Lakh (EBITDA margin 35%). Revenue has grown at a compounded annual rate (CAGR) of 99% over three years and 115% over five years.
As per MCA filings, the company has open charges of ₹8.93 Cr and satisfied charges of ₹7.04 Cr on record.
Malet Engineering Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0159304). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U29193MH1956PLC019743
Registration Number 019743
Incorporation Date 28 March 1956
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-19-0159304
Name history
Malet Engineering has undergone 2 name changes throughout its history. The company was previously known as Minimax Of India Private Limited, and Minimax Of India Limited. The current legal name is Malet Engineering Limited.
| Company Name | Status |
|---|---|
| Malet Engineering Limited | Current |
| Minimax Of India Private Limited | Previous |
| Minimax Of India Limited | Previous |
CIN history
Malet Engineering has one previous CIN (Corporate Identification Number): U29193MH2004PLC019743. The current CIN is U29193MH1956PLC019743, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29193MH1956PLC019743 | Current |
| U29193MH2004PLC019743 | Previous |
Key People
Sujata Kashiram Bachim Director Prakash Govind Karnani Director Neha Prakash Karnani Director Recognitions & Rankings of Malet Engineering
Contact details
Malet Engineering Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address301 Kewal Industrial Estatesenapati Bapat Marg Lower Parel(W), Mumbai, Maharashtra, India – 400010
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Malet Engineering Limited, buy the company report.
Comprehensive company report
Malet Engineering 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
Business activity
The main business activity of Malet Engineering is manufacturing. In detail, this covers manufacture of wearing apparel.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 14 | Manufacture of wearing apparel |
To see the full business activity and turnover split of Malet Engineering Limited, buy the company report.
Financials of Malet Engineering Limited
FY 2025 filings availableMalet Engineering Limited reported revenue of ₹1.57 Cr (up 43% YoY) for FY 2024.
Revenue · FY 2024
₹1.57 Cr ▲ 43%
Net profit · FY 2024
₹43,758 margin 0.3%
EBITDA · FY 2024
₹54.89 Lakh margin 35%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 43%
3 years · compounded
▲ 99%
5 years · compounded
▲ 115%
EBITDA CAGR growth
1 year
▲ 10%
3 years · compounded
▲ 428%
5 years · compounded
▲ 167%
Revenue has grown at a compounded annual rate (CAGR) of 115% over five years, including 43% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
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| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹54.89 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹43,758 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 35% | ||||
| Net Profit Margin | 0.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| 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 Malet Engineering Limited, buy the company report.
Board of directors of Malet Engineering Limited
Malet Engineering has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sujata Kashiram Bachim | Director | 15 Jun 2019 | 7 Years 4 Months | Current |
| Prakash Govind Karnani Also directs: Radnik Knits Pvt Ltd, Cisons Exports Private Limited | Director | 02 Sep 2000 | 26 Years 1 Months | Current |
| Neha Prakash Karnani Also directs: Radnik Knits Pvt Ltd, Cisons Exports Private Limited | Director | 02 Sep 2000 | 26 Years 1 Months | Current |
Auditor
Malet Engineering Limited is audited by Shabbir Lokhandwala & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Shabbir Lokhandwala & Co. | FY 2023 | 187353 |
Shareholding
The shareholding of Malet Engineering 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 Malet Engineering Limited, buy the company report.
Charges & borrowings
Open charges
₹8.93 Cr
Satisfied charges
₹7.04 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Mar 2025 | 101065180 | Others | ₹8.93 Cr | Open | |
| 19 Oct 2022 | 100646839 | Axis Bank Limited | ₹1.25 Cr | Satisfied | |
| 27 Aug 2020 | 100375454 | Others | ₹73.88 Lakh | Satisfied | |
| 03 Jun 2019 | 100271055 | Others | ₹5.06 Cr | Satisfied |
To see the full charge records of Malet Engineering Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Malet Engineering 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 Malet Engineering Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Malet Engineering has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCM6206F1ZQ | Maharashtra | Active | 13 Dec 2022 |
To see the full GST registrations and return filing status of Malet Engineering Limited, buy the company report.
Recent activity
Malet Engineering Limited has 5 board changes on record since 2000: 3 appointments and 2 cessations. The latest: Sujata Kashiram Bachim was appointed as Director on 15 Jun 2019.
AGM
Malet Engineering Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Malet Engineering Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Charges
A charge with Others amounted to Rs. 893.00 Lakh with Charge ID 101065180 was registered on 17 Mar 2025.
Charges
A charge registered on 19 Oct 2022 via Charge ID 100646839 with Axis Bank Limited was fully satisfied on 08 Dec 2024.
Charges
A charge with Axis Bank Limited amounted to Rs. 125.00 Lakh with Charge ID 100646839 was registered on 19 Oct 2022.
Charges
A charge registered on 27 Aug 2020 via Charge ID 100375454 with Others was fully satisfied on 20 Sep 2021.
Charges
A charge registered on 03 Jun 2019 via Charge ID 100271055 with Others was fully satisfied on 20 Sep 2021.
Charges
A charge with Others amounted to Rs. 73.88 Lakh with Charge ID 100375454 was registered on 27 Aug 2020.
Appointed
Sujata Kashiram Bachim was appointed as Director.
Charges
A charge with Others amounted to Rs. 505.58 Lakh with Charge ID 100271055 was registered on 03 Jun 2019.
Ceased
Krishnadas Kozhikattil Balan Nair ceased to be Director.
Ceased
Cherian Kuruvila ceased to be Director.
3 earlier events are in the company report.
Frequently asked questions
Malet Engineering is an active public limited company based in Mumbai, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 28 March 1956 (70+ years old) and is registered under CIN U29193MH1956PLC019743.
Malet Engineering has 3 current directors:
- Sujata Kashiram Bachim - Director
- Prakash Govind Karnani - Director
- Neha Prakash Karnani - Director
The latest financial statements of Malet Engineering 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 2015 are in the company report.
The GSTIN of Malet Engineering is 27AACCM6206F1ZQ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Malet Engineering is U29193MH1956PLC019743. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Malet Engineering was incorporated on 28 March 1956, making it 70+ years old. It is registered with the Registrar of Companies, Mumbai.
Sujata Kashiram Bachim was appointed as Director on 15 Jun 2019. Krishnadas Kozhikattil Balan Nair ceased to be Director on 01 Jun 2019. Cherian Kuruvila ceased to be Director on 07 Apr 2008. Malet Engineering has 5 board changes on record in total.
Yes, Malet Engineering is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0159304).
The registered office of Malet Engineering is at 301 Kewal Industrial Estatesenapati Bapat Marg Lower ParelW, Mumbai, Maharashtra, India – 400010.
Malet Engineering operates in the manufacturing industry, in the textile and fabric production segment.