MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-18-0042744
Mandar Organics Private Limited - chemicals and materials in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹8.77 Cr
▲ 26% YoY
Net profit · FY 2025
₹12.36 Lakh
Net margin 1.4%
EBITDA · FY 2025
₹52.7 Lakh
EBITDA margin 6%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹83.02 Lakh
Issued & subscribed
Open charges
₹3.5 Cr
Satisfied ₹2.78 Cr
Company age
29 yrs
Est. 1997
Employees · EPFO
20
Provident fund records
About Mandar Organics Private Limited
Data last updated:
Mandar Organics Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the dyes and pigments segment of the chemicals and materials sector. It was incorporated on 20 June 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70100MH1997PTC108928. Its GSTIN is 27AACCM6854F1ZC (Maharashtra). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹83.02 Lakh. It is led by directors including Shrihari Narayan Dessai and Kishore Vasant Pradhan.
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 A – 1 Gajanan Krupakajupada Bhatwadi Ghatkopar (W), Mumbai, Maharashtra, India – 400084.
As per the financials filed for FY 2025, the company reported a revenue of ₹8.77 Cr, a growth of 26% compared to the previous year. For the same year it recorded a net profit of ₹12.36 Lakh (net margin 1.4%) and EBITDA of ₹52.7 Lakh (EBITDA margin 6%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 11% over five years.
The company has about 20 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Mandar Organics. As per MCA filings, the company has open charges of ₹3.5 Cr and satisfied charges of ₹2.78 Cr on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
Mandar Organics Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0042744). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mandarorganics.com.
Company details
CIN U70100MH1997PTC108928
Registration Number 108928
Incorporation Date 20 June 1997
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 Small
Udyam Registration UDYAM-MH-18-0042744
Key People
Shrihari Narayan Dessai Director Kishore Vasant Pradhan Director Mandar Vikas Banbakode Director Recognitions & Rankings of Mandar Organics
Contact details
Mandar Organics Private Limited's registered office is in Mumbai, Maharashtra. Its website is mandarorganics.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressA – 1 Gajanan Krupakajupada Bhatwadi Ghatkopar (W), Mumbai, Maharashtra, India – 400084
- IndustryChemicals and Materials, Dyes & Pigments, Colorants
To see the full contact details of Mandar Organics Private Limited, buy the company report.
Comprehensive company report
Mandar Organics Private 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
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Brands
Mandar Organics operates one associated brand: Mandar Organics. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Pigment manufacturing and exporting are conducted by Mandar Organics in India. | mandarorganics.com |
Business activity
The main business activity of Mandar Organics is manufacturing. In detail, this covers other manufacturing.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 32 | Other manufacturing |
To see the full business activity and turnover split of Mandar Organics Private Limited, buy the company report.
Financials of Mandar Organics Private Limited
FY 2025 filings availableMandar Organics Private Limited reported revenue of ₹8.77 Cr (up 26% YoY) for FY 2025.
Revenue · FY 2025
₹8.77 Cr ▲ 26%
Net profit · FY 2025
₹12.36 Lakh margin 1.4%
EBITDA · FY 2025
₹52.7 Lakh margin 6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 26%
3 years · compounded
▲ 1%
5 years · compounded
▲ 11%
EBITDA CAGR growth
1 year
▲ 2%
3 years · compounded
▲ 6%
5 years · compounded
▲ 35%
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 26% growth in the latest year. EBITDA rose 2% 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 2024-25 | 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 | ₹52.7 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹12.36 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6% | ||||
| Net Profit Margin | 1.4% | ||||
| 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 | |||||
To see the full financial statements and ratios of Mandar Organics Private Limited, buy the company report.
Board of directors of Mandar Organics Private Limited
Mandar Organics has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shrihari Narayan Dessai | Director | 01 Mar 2004 | 22 Years 7 Months | Current |
| Kishore Vasant Pradhan | Director | 20 Jun 1997 | 29 Years 4 Months | Current |
| Mandar Vikas Banbakode | Director | 05 Jul 2012 | 14 Years 3 Months | Current |
| Vidya Banbakode Vikas | Director | 01 Mar 2004 | 22 Years 7 Months | Current |
Auditor
Mandar Organics Private Limited is audited by KISHORE MEHTA AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KISHORE MEHTA AND ASSOCIATES | FY 2023 | 105252W |
Shareholding
The shareholding of Mandar Organics 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 Mandar Organics Private Limited, buy the company report.
Charges & borrowings
Open charges
₹3.5 Cr
Satisfied charges
₹2.78 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Oct 2021 | 100520948 | Others | ₹3.5 Cr | Open | |
| 12 Mar 2021 | 100435314 | Idbi Bank Limited | ₹1 Cr | Satisfied | |
| 11 Jun 2020 | 100396924 | Abhyudaya Co-Operative Bank Limited | ₹40 Lakh | Satisfied | |
| 16 Jan 2015 | 10551434 | Abhyudaya Co-Op. Bank Ltd. | ₹50 Lakh | Satisfied | |
| 14 Jun 2012 | 10369012 | Abhyudaya Co-Op. Bank Ltd. | ₹20 Lakh | Satisfied |
To see the full charge records of Mandar Organics Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Mandar Organics Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Total cases
1
Filed against the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Complaint ULP) | Filed against the company by an individual | Pending |
To see the full case history of Mandar Organics 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.
MSME payment delays
Mandar Organics Private Limited has 2 MSME Form 1 returns on record for the period ending Sep 2019, listing 3 overdue payments to 3 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 (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Jyoti Polypack LLP | |||
| Kemit Chemicals Pvt Ltd | |||
| Dhanashree Polymers Private Limited |
To see the full MSME payment records of Mandar Organics Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Mandar Organics Private Limited has a workforce of 20 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
Employee count
20
Active EPFO establishments
1
Employee growth
5.26%
GST
Mandar Organics has 3 GST registrations: 2 active and 1 cancelled or inactive.
Total GSTINs
3
Active
2
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCM6854F1ZC | Maharashtra | Active | 01 Jul 2017 |
| 29AACCM6854F2Z7 | Karnataka | Active | 16 Feb 2023 |
To see the full GST registrations and return filing status of Mandar Organics Private Limited, buy the company report.
Recent activity
Mandar Organics Private Limited has 8 board changes on record since 1997: 4 appointments and 4 cessations. The latest: Ashwini Kishor Pradhan ceased to be Director on 22 Aug 2022.
AGM
Mandar Organics Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Mandar Organics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Others of Rs. 3.50 Cr registered on 25 Oct 2021 with Charge ID 100520948 was modified on 21 Feb 2025.
Ceased
Ashwini Kishor Pradhan ceased to be Director.
Charges
A charge with Others amounted to Rs. 3.50 Cr with Charge ID 100520948 was registered on 25 Oct 2021.
Charges
A charge registered on 12 Mar 2021 via Charge ID 100435314 with Idbi Bank Limited was fully satisfied on 21 Oct 2021.
Charges
A charge registered on 11 Jun 2020 via Charge ID 100396924 with Abhyudaya Co-Operative Bank Limited was fully satisfied on 22 Mar 2021.
Charges
A charge registered on 16 Jan 2015 via Charge ID 10551434 with Abhyudaya Co-Op. Bank Ltd. was fully satisfied on 22 Mar 2021.
Charges
A charge registered on 14 Jun 2012 via Charge ID 10369012 with Abhyudaya Co-Op. Bank Ltd. was fully satisfied on 22 Mar 2021.
Charges
A charge registered on 15 Feb 2012 via Charge ID 10339614 with Abhyudaya Co-Operative Bank Limited was fully satisfied on 22 Mar 2021.
Charges
A charge with Idbi Bank Limited amounted to Rs. 1.00 Cr with Charge ID 100435314 was registered on 12 Mar 2021.
Charges
A charge with Abhyudaya Co-Operative Bank Limited amounted to Rs. 0.40 Cr with Charge ID 100396924 was registered on 11 Jun 2020.
14 earlier events are in the company report.
Frequently asked questions
Mandar Organics is an active private limited company based in Mumbai, Maharashtra, India. The company works in dyes and pigments, within the chemicals and materials industry. It was incorporated on 20 June 1997 (29+ years old) and is registered under CIN U70100MH1997PTC108928.
Mandar Organics has 4 current directors:
- Shrihari Narayan Dessai - Director
- Kishore Vasant Pradhan - Director
- Mandar Vikas Banbakode - Director
- Vidya Banbakode Vikas - Director
The latest financial statements of Mandar Organics 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 Mandar Organics is 27AACCM6854F1ZC, 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 29AACCM6854F2Z7 (Karnataka).
The CIN (Corporate Identification Number) of Mandar Organics is U70100MH1997PTC108928. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mandar Organics has 1 court case on record: 1 filed against it. 1 is pending.
Mandar Organics was incorporated on 20 June 1997, making it 29+ years old. It is registered with the Registrar of Companies, Mumbai.
Ashwini Kishor Pradhan ceased to be Director on 22 Aug 2022. Yojana Shrihari Desai ceased to be Director on 15 May 2019. Mandar Vikas Banbakode ceased to be Additional Director on 28 Sep 2012. Mandar Organics has 8 board changes on record in total.
Yes, Mandar Organics is registered as a small enterprise under Udyam registration (number: UDYAM-MH-18-0042744).
Mandar Organics has 2 MSME Form 1 returns on record for the period ending Sep 2019, listing 3 overdue payments to 3 micro and small suppliers. The latest return was filed on 01 Nov 2019.
Mandar Organics can be reached through the website mandarorganics.com. Its registered office is in Mumbai, Maharashtra, India.
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