Mandovi Minerals Private Limited

Mandovi Minerals Private Limited - manufacturing in Mangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U29246KA2005PTC035371 Incorporated 04 January 2005 ROC Bangalore HQ Mangalore, Karnataka, India
Active Private Limited Company manufacturing MSME · Small
Data last updated
Revenue · FY 2025
₹27.43 Cr
▲ 20% YoY
Net profit · FY 2025
₹2.4 Cr
Net margin 8.7%
EBITDA · FY 2025
₹5.35 Cr
EBITDA margin 19.5%
Authorised capital
₹20 Cr
Registered with MCA
Paid-up capital
₹16.55 Cr
Issued & subscribed
Open charges
₹18.53 Cr
Satisfied ₹25.6 Cr
Company age
21 yrs
Est. 2005
Employees · EPFO
77
Provident fund records

About Mandovi Minerals Private Limited

Data last updated:

Mandovi Minerals Private Limited is a private limited company based in Mangalore, Karnataka, India, a subsidiary of Mangalore Minerals Private Limited. It operates in the construction materials segment of the manufacturing sector. It was incorporated on 04 January 2005 and has been in existence for over 21 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29246KA2005PTC035371. Its GSTIN is 29AAECM4459Q1ZM (Karnataka). The company holds 4 GST registrations, all of them active.

The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹16.55 Cr. It is led by directors including Santhosh Mendon (Managing Director) and Yashpal Mendon.

Its last annual general meeting (AGM) was held on 22 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mineral Househampankatta Mangalore, Karnataka, India – 575001.

As per the financials filed for FY 2025, the company reported a revenue of ₹27.43 Cr, a growth of 20% compared to the previous year. For the same year it recorded a net profit of ₹2.4 Cr (net margin 8.7%) and EBITDA of ₹5.35 Cr (EBITDA margin 19.5%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 9% over five years.

The company has about 77 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹18.53 Cr and satisfied charges of ₹25.6 Cr on record. Court records list 6 cases involving the company, including 3 filed by the company and 3 filed against it; 1 case is pending.

Mandovi Minerals Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-11-0000320). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mmplsand.com.

Company details

CIN U29246KA2005PTC035371
Registration Number 035371
Incorporation Date 04 January 2005
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 22 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Mangalore Minerals Private Limited
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-11-0000320
Key People
Santhosh Mendon Managing Director Yashpal Mendon Director Shivani Shankar Kanchan Director

Recognitions & Rankings of Mandovi Minerals

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-KR-11-0000320

Contact details

Mandovi Minerals Private Limited's registered office is in Mangalore, Karnataka. Its website is mmplsand.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    mmplsand.com
  • Registered Address
    Mineral Househampankatta Mangalore, Karnataka, India – 575001
  • Industry
    Manufacturing, Construction Materials

To see the full contact details of Mandovi Minerals Private Limited, buy the company report.

Comprehensive company report
Mandovi Minerals 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Business activity

The main business activity of Mandovi Minerals is mining and quarrying. In detail, this covers other mining & quarrying activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
BMining and quarryingB4Other Mining & Quarrying Activities

To see the full business activity and turnover split of Mandovi Minerals Private Limited, buy the company report.

Financials of Mandovi Minerals Private Limited

FY 2025 filings available

Mandovi Minerals Private Limited reported revenue of ₹27.43 Cr (up 20% YoY) for FY 2025.

Revenue · FY 2025
₹27.43 Cr ▲ 20%
Net profit · FY 2025
₹2.4 Cr margin 8.7%
EBITDA · FY 2025
₹5.35 Cr margin 19.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 20%
3 years · compounded
▲ 21%
5 years · compounded
▲ 9%
EBITDA CAGR growth
3 years · compounded
▲ 24%
5 years · compounded
▲ 7%

Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 20% growth 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹5.35 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹2.4 Cr
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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin19.5%
Net Profit Margin8.7%
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

To see the full financial statements and ratios of Mandovi Minerals Private Limited, buy the company report.

Board of directors of Mandovi Minerals Private Limited

Mandovi Minerals has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Santhosh Mendon
Also directs: Mangalore Minerals Private Limited
Managing Director04 Jan 200521 Years 9 MonthsCurrent
Yashpal Mendon
Also directs: Mangalore Minerals Private Limited
Director04 Jan 200521 Years 9 MonthsCurrent
Shivani Shankar Kanchan
Also directs: Mangalore Minerals Private Limited
Director23 Jun 20251 Years 4 MonthsCurrent
View all directors

Shareholding

The shareholding of Mandovi Minerals 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Mandovi Minerals Private Limited, buy the company report.

Charges & borrowings

Open charges
₹18.53 Cr
Satisfied charges
₹25.6 Cr
Breakdown by lending institutions
Others₹18.10 Cr
Hdfc Bank Limited₹0.43 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
06 Jul 2024100947193Hdfc Bank Limited₹43.35 LakhOpen
27 Nov 200910192907Others₹18.1 CrOpen
29 Apr 201510569921Hdfc Bank Limited₹27.25 LakhSatisfied
07 Mar 201410494538Bank of Baroda₹2.95 CrSatisfied
11 Sep 201210375171Hdfc Bank Limited₹31 LakhSatisfied

To see the full charge records of Mandovi Minerals Private Limited, buy the company report.

Total charge records: 8 View all charges

MSME payment delays

Mandovi Minerals Private Limited has 7 MSME Form 1 returns on record between 2019 and 2023, listing 51 overdue payments to 12 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 12)

SupplierAmount dueDue sinceReported on
S S Fabricators
an individual supplier
Powercraft Industries
H B Chemicals
an individual supplier

To see the full MSME payment records of Mandovi Minerals Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Mandovi Minerals Private Limited has a workforce of 77 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.

Employee count
77
Active EPFO establishments
1
Employee growth
10%

GST

Mandovi Minerals has 4 GST registrations: 4 active.

Total GSTINs
4
Active
4
GSTINStateStatusRegistered on
29AAECM4459Q1ZMKarnatakaActive01 Jul 2017
29AAECM4459Q2ZLKarnatakaActive01 Apr 2025
24AAECM4459Q1ZWGujaratActive01 Jul 2017
09AAECM4459Q1ZOUttar PradeshActive01 Mar 2022

To see the full GST registrations and return filing status of Mandovi Minerals Private Limited, buy the company report.

Recent activity

Mandovi Minerals Private Limited has 7 board changes on record since 2005: 3 appointments and 4 cessations. The latest: Shivani Shankar Kanchan was appointed as Director on 23 Jun 2025.

AGM
Mandovi Minerals Private Limited last Annual general meeting of members was held on 22 Sep 2025 as per latest MCA records.
Charges
A charge with Others of Rs. 18.10 Cr registered on 27 Nov 2009 with Charge ID 10192907 was modified on 20 Aug 2025.
Appointed
Shivani Shankar Kanchan was appointed as Director.
Filing
Mandovi Minerals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.43 Cr with Charge ID 100947193 was registered on 06 Jul 2024.
Ceased
Santhosh Mendon ceased to be Director.
Ceased
Boloor Shivaji Mendon ceased to be Managing Director.
Charges
A charge registered on 07 Mar 2014 via Charge ID 10494538 with Bank Of Baroda was fully satisfied on 03 Jul 2020.
Charges
A charge registered on 02 Mar 2012 via Charge ID 10343458 with Bank Of Baroda was fully satisfied on 03 Jul 2020.
Ceased
Rama Shivaji Mendon ceased to be Director.
Charges
A charge registered on 29 Apr 2015 via Charge ID 10569921 with Hdfc Bank Limited was fully satisfied on 20 May 2019.
Charges
A charge registered on 11 Sep 2012 via Charge ID 10375171 with Hdfc Bank Limited was fully satisfied on 20 May 2019.

15 earlier events are in the company report.

Frequently asked questions

Mandovi Minerals is an active private limited company based in Mangalore, Karnataka, India. The company works in construction materials, within the manufacturing industry. It was incorporated on 04 January 2005 (21+ years old) and is registered under CIN U29246KA2005PTC035371.

Mandovi Minerals has 3 current directors:

The latest financial statements of Mandovi Minerals on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 22 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Mandovi Minerals is 29AAECM4459Q1ZM, registered in Karnataka. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 29AAECM4459Q2ZL (Karnataka), 24AAECM4459Q1ZW (Gujarat), 09AAECM4459Q1ZO (Uttar Pradesh).

The CIN (Corporate Identification Number) of Mandovi Minerals is U29246KA2005PTC035371. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Mandovi Minerals has 6 court cases on record: 3 filed by the company and 3 filed against it. 1 is pending. Most are in the district courts.

Mandovi Minerals was incorporated on 04 January 2005, making it 21+ years old. It is registered with the Registrar of Companies, Bangalore.

Shivani Shankar Kanchan was appointed as Director on 23 Jun 2025. Santhosh Mendon ceased to be Director on 23 Aug 2021. Boloor Shivaji Mendon ceased to be Managing Director on 19 Oct 2020. Mandovi Minerals has 7 board changes on record in total.

Yes, Mandovi Minerals is registered as a small enterprise under Udyam registration (number: UDYAM-KR-11-0000320).

Mandovi Minerals has 7 MSME Form 1 returns on record between 2019 and 2023, listing 51 overdue payments to 12 micro and small suppliers. The latest return was filed on 18 Nov 2023.

Mandovi Minerals can be reached through the website mmplsand.com. Its registered office is in Mangalore, Karnataka, India.