About Malhari Projects Private Limited
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Malhari Projects Private Limited is a private limited company based in Ahmedabad, Gujarat, India, recognised as a startup by DPIIT. It operates in the waste management and recycling solutions segment of the environmental services sector. It was incorporated on 25 March 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U73100GJ2021PTC121599. Its GSTIN is 24AAOCM4583F1Z8 (Gujarat).
The company has an authorised share capital of ₹3 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Mihir Dixit and Vaibhav Nandlal Patel.
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 14 Sankalp Industrial Park, Ahmedabad, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹23.14 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹18.61 Lakh (net margin -80.4%) and EBITDA of -₹17.08 Lakh (EBITDA margin -73.8%).
The company is associated with 1 brand: Malhari Projects.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website malhariprojects.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address14 Sankalp Industrial Park Opp. Pavan Industrial Park, Nr. Gopal Charan Estate Bakrol Bujrang, Ahmedabad, Gujarat, India – 382430
- IndustryEnvironment, Waste Management & Recycling Solutions
- 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
- One PDF report, delivered after checkout
Business Activity of Malhari Projects Private Limited
The main business activity of Malhari Projects is water supply, sewerage and waste management. In detail, this covers waste collection, treatment and disposal activities, materials recovery and other waste management services.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| E | Water supply, sewerage and waste management | E3 | Waste collection, treatment and disposal activities, materials recovery and Other waste management services | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Malhari Projects Private Limited FY 2025 filings available
Malhari Projects Private Limited reported revenue of ₹23.14 Lakh (up 790% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Malhari Projects Private Limited
Revenue rose 790% in the latest year. EBITDA fell 329% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Malhari Projects Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| EBITDA | -₹17.08 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹18.61 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 of Malhari Projects Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -73.8% | •••• | •••• | •••• |
| Net Profit Margin | -80.4% | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Malhari Projects are in the company report.
Financial statements from FY 2021
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Malhari Projects Private Limited
Malhari Projects Private Limited is compared with the companies closest to it by revenue in the Cleantech industry (Recycling and Waste Treatment). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Biotic Recyclers Private Limited | ₹24.02 Lakh (FY 2025) | •••• | •••• | 537.0% | •••• | Bahadurgarh, Haryana, India |
| Vasudha Ecofriends Projects Private Limited | ₹23.69 Lakh (FY 2025) | •••• | •••• | -60.0% | •••• | New Delhi, Delhi, India |
| Incite Power and Analytics Private Limited | ₹23.61 Lakh (FY 2020) | •••• | •••• | -60.0% | •••• | Chennai, Tamil Nadu, India |
| Urban Trash Private Limited | ₹23.54 Lakh (FY 2023) | •••• | •••• | •••• | Palarivattom, Kerala, India | |
| Ecovani Waste Management Private Limited | ₹23.15 Lakh (FY 2023) | •••• | •••• | •••• | Hyderabad, Telangana, India | |
| Malhari Projects Private Limited this company | ₹23.14 Lakh (FY 2024) | •••• | •••• | 790.0% | •••• | Ahmedabad, Gujarat, India |
| Green Roots Waste Management Private Limited | ₹22.98 Lakh (FY 2024) | •••• | •••• | •••• | Amroha, Uttar Pradesh, India | |
| Akx Envicons Private Limited | ₹22.88 Lakh (FY 2025) | •••• | •••• | •••• | Thane, Maharashtra, India | |
| A-Mahendra Infra Projects Private Limited | ₹22.53 Lakh (FY 2025) | •••• | •••• | •••• | Narasaraopet, Andhra Pradesh, India | |
| Yapa Nisarg Maitri Private Limited | ₹22.49 Lakh (FY 2025) | •••• | •••• | -47.0% | •••• | Thane, Maharashtra, India |
| Blue Planet Sustainability Solutions Private Limited | ₹22.48 Lakh (FY 2025) | •••• | •••• | 1558.0% | •••• | Bhorakalan, Haryana, India |
Peers are the five companies nearest above and the five nearest below Malhari Projects by revenue in the Cleantech industry (Recycling and Waste Treatment), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Malhari Projects Private Limited
Malhari Projects Private Limited is audited by K P CHAUDHARY AND CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| K P CHAUDHARY AND CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Malhari Projects Private Limited
Malhari Projects has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mihir Dixit | Director | 25 Mar 2021 | 5 Years 6 Months | Current |
| Vaibhav Nandlal Patel Also directs: Malhari Exim Private Limited | Director | 25 Mar 2021 | 5 Years 6 Months | Current |
| Dhruv Jitendrakumar Chauhan Also directs: Malhari Exim Private Limited | Director | 25 Mar 2021 | 5 Years 6 Months | Current |
Ownership and Shareholding of Malhari Projects Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Malhari Projects Private Limited
Malhari Projects Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Malhari Projects Private Limited
Malhari Projects operates one associated brand: Malhari Projects. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Waste-to-air conversion and toxic gas emission services are provided. | malhariprojects.com |
Employees and EPFO Compliance at Malhari Projects Private Limited
Malhari Projects Private Limited has a workforce of 0 employees as of Apr 08, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Malhari Projects Private Limited
Malhari Projects Private Limited has 3 board changes on record since 2021: 3 appointments. The latest: Dhruv Jitendrakumar Chauhan was appointed as Director on 25 Mar 2021.
Credit Ratings, Litigation & Regulatory Alerts for Malhari Projects Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Malhari Projects Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Malhari Projects Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Malhari Projects Private Limited
Malhari Projects has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAOCM4583F1Z8 | Gujarat | Active | 12 Apr 2021 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Malhari Projects Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Malhari Projects Private Limited
Malhari Projects is an active private limited company based in Ahmedabad, Gujarat, India. The company works in waste management and recycling solutions, within the environment industry. It was incorporated on 25 March 2021 (5+ years old) and is registered under CIN U73100GJ2021PTC121599.
Malhari Projects reported revenue of ₹23.14 Lakh for FY 2024 (up 790% YoY).
Malhari Projects has 3 current directors:
- Mihir Dixit - Director
- Vaibhav Nandlal Patel - Director
- Dhruv Jitendrakumar Chauhan - Director
Malhari Projects reported a net loss of ₹18.61 Lakh (net margin -80.4%) and EBITDA of -₹17.08 Lakh (EBITDA margin -73.8%) for FY 2024, as per its filed financial statements.
The GSTIN of Malhari Projects is 24AAOCM4583F1Z8, registered in Gujarat.
The CIN (Corporate Identification Number) of Malhari Projects is U73100GJ2021PTC121599. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Malhari Projects was incorporated on 25 March 2021, making it 5+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Malhari Projects by revenue are Biotic Recyclers Private Limited, Vasudha Ecofriends Projects Private Limited, Incite Power and Analytics Private Limited, Urban Trash Private Limited, Ecovani Waste Management Private Limited and 5 more, all in the Cleantech industry (Recycling and Waste Treatment).
Dhruv Jitendrakumar Chauhan was appointed as Director on 25 Mar 2021. Mihir Dixit was appointed as Director on 25 Mar 2021. Vaibhav Nandlal Patel was appointed as Director on 25 Mar 2021.
Yes, Malhari Projects is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Malhari Projects can be reached through the website malhariprojects.com. Its registered office is in Ahmedabad, Gujarat, India.