- Category
- Small (2024-25)
- Udyam number
- UDYAM-PB-17-0002122

Maltex Malsters Ltd
About Maltex Malsters Ltd
Data last updated:
Maltex Malsters Ltd is a public limited company based in Patiala, Punjab, India, a subsidiary of United Breweries (Holdings) Limited. It operates in the staple foods and grains segment of the food and beverages sector. It was incorporated on 09 December 1968 and has been in existence for over 58 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U15137PB1968PLC002895. Its GSTIN is 03AAACM9807C1ZV (Punjab).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹45 Lakh. It is led by directors including Vikas Kaushal (Whole-Time Director) and Lovleena Labroo.
Its last annual general meeting (AGM) was held on 06 August 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Post Box No – 45 Rauni Patiala, Punjab, India – 147001.
As per the financials filed for FY 2026, the company reported a revenue of ₹16.53 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹45.28 Lakh (net margin 2.7%) and EBITDA of ₹1.02 Cr (EBITDA margin 6.1%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 8% over five years.
The company has about 32 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹4.51 Cr on record. Court records list 13 cases involving the company, including 8 filed by the company and 5 filed against it; 2 cases are pending.
Maltex Malsters Ltd is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-17-0002122). The current compliance status is marked as compliant by the Registrar of Companies.
Recognitions & Rankings of Maltex Malsters
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressPost Box No – 45 Rauni Patiala, Punjab, India – 147001
- IndustryFood and Beverages, Staple Foods & Grains
- 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 Maltex Malsters Ltd
The main business activity of Maltex Malsters is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | 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 Maltex Malsters Ltd FY 2026 filings available
Maltex Malsters Ltd reported revenue of ₹16.53 Cr (down 9% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR) of Maltex Malsters Ltd
Revenue fell 9% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 8%. EBITDA fell 56% 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 of Maltex Malsters Ltd
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| 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 | ₹1.02 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹45.28 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 Maltex Malsters Ltd
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.7% | •••• | •••• | •••• | •••• |
| 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 Maltex Malsters are in the company report.
Financial statements from 2015
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.
Board of Directors of Maltex Malsters Ltd
Maltex Malsters has 4 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lovleena Labroo Also directs: Samir Paging Systems Limited | Director | 01 Dec 1977 | 48 Years 10 Months | Current |
| Gouri Shankar Chennu | Director | 27 Jul 2023 | 3 Years 2 Months | Current |
| Pradeep Subramani | Director | 12 Oct 2023 | 3 Years 0 Months | Current |
| Vikas Kaushal | Whole-Time Director | 19 Dec 2024 | 1 Years 10 Months | Current |
Peer Comparison of Maltex Malsters Ltd
Maltex Malsters Ltd is compared with the companies closest to it by revenue in the Food and Beverages industry (Staple Foods). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Royja Industries Private Limited | ₹18.24 Cr (FY 2025) | •••• | •••• | -31.0% | •••• | Murshidabad, West Bengal, India |
| Falakata Agro Food Products Private Limited | ₹18.24 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Falakata, West Bengal, India |
| Ashoka Krishi Udyog Private Limited | ₹18.22 Cr (FY 2025) | •••• | •••• | -22.0% | •••• | Delhi, India |
| Kapil Pulses Private Limited | ₹18.22 Cr (FY 2024) | •••• | •••• | -29.0% | •••• | Kolkata, West Bengal, India |
| PBG International Private Limited | ₹18.19 Cr (FY 2023) | •••• | •••• | 2.0% | •••• | New Delhi, Delhi, India |
| Pasture Agrochem Private Limited | ₹18.1 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | Patna, Bihar, India |
| Jatileshwar Rice Mills Private Limited | ₹18.05 Cr (FY 2024) | •••• | •••• | -23.0% | •••• | Jalpaiguri, West Bengal, India |
| Harsh Tejas Nutrition Private Limited | ₹18.04 Cr (FY 2025) | •••• | •••• | -16.0% | •••• | Gulzarbagh, Bihar, India |
| Amarparkash Rice Exports Private Limited | ₹18.04 Cr (FY 2024) | •••• | •••• | 139035.0% | •••• | Village Badrukhan, Punjab, India |
| Hindustan Rice Exports Private Limited | ₹18.01 Cr (FY 2025) | •••• | •••• | 31.0% | •••• | Kurukshetra, Haryana, India |
| Maltex Malsters Ltd this company | ₹16.53 Cr (FY 2026) | •••• | •••• | -9.0% | •••• | Patiala, Punjab, India |
Peers are the five companies nearest above and the five nearest below Maltex Malsters by revenue in the Food and Beverages industry (Staple Foods), 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 Maltex Malsters Ltd
Maltex Malsters Ltd is audited by GSA & ASSOCIATES LLP for the financial year 2025.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| GSA & ASSOCIATES LLP | 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.
Ownership and Shareholding of Maltex Malsters Ltd
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 Maltex Malsters Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Dec 2013 | Kotak Mahindra Prime Limited | ₹6.16 Lakh | Satisfied |
| 24 Apr 2004 | The Jammu Kashmir Bank Ltd | ₹4.45 Cr | Satisfied |
Total charge records: 2 View all charges
Legal Cases of Maltex Malsters Ltd
Maltex Malsters Ltd has 13 court cases on record: 8 filed by Maltex Malsters, 5 filed against it. 2 cases are pending and 11 are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 11 | 3 | 0 |
| District courts | 2 | 2 | 2 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Patiala, Punjab | Execution petition | Filed against the company by an individual | Pending |
| District court, Patiala, Punjab | Execution petition | Filed against the company by an individual | Pending |
| High Court of Punjab and Haryana | Writ petition | Filed by the company against Union of India | Disposed |
| High Court of Punjab and Haryana | Tax appeal | Filed by the company against Commissioner of Income Tax Patiala | Disposed |
| High Court of Punjab and Haryana | Tax appeal | Filed by the company against Commissioner of Income Tax, Patiala | Disposed |
Full case history
All 13 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Maltex Malsters Ltd
Maltex Malsters Ltd has 1 MSME Form 1 return on record for the period ending Mar 2020, listing 6 overdue payments to 5 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 5)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Aadiushmaa Engineers Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 1 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Maltex Malsters Ltd
Maltex Malsters Ltd has a workforce of 32 employees as of Sep 25, 2025.
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 Maltex Malsters Ltd
Maltex Malsters Ltd has 18 board changes on record since 1977: 4 appointments and 14 cessations. The latest: Vikas Kaushal was appointed as Whole-Time Director on 19 Dec 2024.
14 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Maltex Malsters Ltd
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.
Subsidiaries & Group Companies of Maltex Malsters Ltd
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 Maltex Malsters Ltd
Maltex Malsters has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAACM9807C1ZV | Punjab | Active | 01 Jul 2017 |
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 Maltex Malsters Ltd
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 Maltex Malsters Ltd
Maltex Malsters is an active public limited company based in Patiala, Punjab, India. The company works in staple foods and grains, within the food and beverages industry. It was incorporated on 09 December 1968 (58+ years old) and is registered under CIN U15137PB1968PLC002895.
Maltex Malsters reported revenue of ₹16.53 Cr for FY 2026 (down 9% YoY).
Maltex Malsters has 4 current directors:
- Vikas Kaushal - Whole-Time Director
- Lovleena Labroo - Director
- Gouri Shankar Chennu - Director
- Pradeep Subramani - Director
Maltex Malsters reported a net profit of ₹45.28 Lakh (net margin 2.7%) and EBITDA of ₹1.02 Cr (EBITDA margin 6.1%) for FY 2026, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Maltex Malsters is -1% over three years and 8% over five years. In the latest year (FY 2026) revenue fell 9%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Maltex Malsters is 03AAACM9807C1ZV, registered in Punjab.
The CIN (Corporate Identification Number) of Maltex Malsters is U15137PB1968PLC002895. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maltex Malsters has 13 court cases on record: 8 filed by the company and 5 filed against it. 2 are pending. Most are in the high courts.
Maltex Malsters was incorporated on 09 December 1968, making it 58+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Maltex Malsters by revenue are Royja Industries Private Limited, Falakata Agro Food Products Private Limited, Ashoka Krishi Udyog Private Limited, Kapil Pulses Private Limited, PBG International Private Limited and 5 more, all in the Food and Beverages industry (Staple Foods).
Vikas Kaushal was appointed as Whole-Time Director on 19 Dec 2024. Jaspal Anand ceased to be Additional Director on 26 Dec 2023. Pradeep Subramani was appointed as Director on 12 Oct 2023. Maltex Malsters has 18 board changes on record in total.
Yes, Maltex Malsters is registered as a small enterprise under Udyam registration (number: UDYAM-PB-17-0002122).