MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-18-0227003
Manik Radiators Private Limited
Manik Radiators Private Limited - machinery and equipment in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹7.62 Cr
▲ 7% YoY
Net profit · FY 2025
₹10.12 Lakh
Net margin 1.3%
EBITDA · FY 2025
₹47.55 Lakh
EBITDA margin 6.2%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Open charges
₹4.3 Lakh
Satisfied ₹10.43 Cr
Company age
54 yrs
Est. 1972
Employees · EPFO
8
Provident fund records
About Manik Radiators Private Limited
Data last updated:
Manik Radiators Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 23 December 1972 and has been in existence for over 54 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29198MH1972PTC016203. Its GSTIN is 27AAACM3732A1Z1 (Maharashtra).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Ishwar Shamdas Manik (Managing Director) and Rajesh Ram Manik.
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 24 Sona Udyog Parsi Panchayat Road Andheri East, Mumbai, Maharashtra, India – 400069.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.62 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹10.12 Lakh (net margin 1.3%) and EBITDA of ₹47.55 Lakh (EBITDA margin 6.2%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 17% over five years.
The company has about 8 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹4.3 Lakh and satisfied charges of ₹10.43 Cr on record. Court records list 9 cases involving the company, including 9 filed against it; 2 cases are pending.
Manik Radiators Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0227003). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U29198MH1972PTC016203
Registration Number 016203
Incorporation Date 23 December 1972
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-18-0227003
Key People
Ishwar Shamdas Manik Managing Director Rajesh Ram Manik Director Anil Shamdas Manik Director Recognitions & Rankings of Manik Radiators
Contact details
Manik Radiators Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address24 Sona Udyog Parsi Panchayat Road Andheri East, Mumbai, Maharashtra, India – 400069
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Manik Radiators Private Limited, buy the company report.
Comprehensive company report
Manik Radiators 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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Secure checkout · GST invoice included
Business activity
The main business activity of Manik Radiators is manufacturing. In detail, this covers manufacture of electrical equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 27 | Manufacture of electrical equipment |
To see the full business activity and turnover split of Manik Radiators Private Limited, buy the company report.
Financials of Manik Radiators Private Limited
FY 2025 filings availableManik Radiators Private Limited reported revenue of ₹7.62 Cr (up 7% YoY) for FY 2025.
Revenue · FY 2025
₹7.62 Cr ▲ 7%
Net profit · FY 2025
₹10.12 Lakh margin 1.3%
EBITDA · FY 2025
₹47.55 Lakh margin 6.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 7%
3 years · compounded
▲ 27%
5 years · compounded
▲ 17%
EBITDA CAGR growth
1 year
▼ 52%
3 years · compounded
▲ 49%
5 years · compounded
▲ 12%
Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 7% growth in the latest year. EBITDA fell 52% 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 |
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| Total Expenses | |||||
| EBITDA | ₹47.55 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹10.12 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.2% | ||||
| Net Profit Margin | 1.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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| Payable Days | |||||
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To see the full financial statements and ratios of Manik Radiators Private Limited, buy the company report.
Board of directors of Manik Radiators Private Limited
Manik Radiators has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Ram Manik Also directs: Pilot Pneumatics Private Limited | Director | 04 Jul 1990 | 36 Years 3 Months | Current |
| Anil Shamdas Manik | Director | 04 Jul 1990 | 36 Years 3 Months | Current |
| Ishwar Shamdas Manik Also directs: Pilot Fluid Technologies LLP, MTL Pipes India Limited, Ism Properties Private Limited and 2 more | Managing Director | 04 Jul 1990 | 36 Years 3 Months | Current |
Auditor
Manik Radiators Private Limited is audited by Kashinath Chaturvedi & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Kashinath Chaturvedi & Associates | FY 2022 | 148088W |
Shareholding
The shareholding of Manik Radiators Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Manik Radiators Private Limited, buy the company report.
Charges & borrowings
Open charges
₹4.3 Lakh
Satisfied charges
₹10.43 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Apr 1978 | 90230281 | State Bank of India | ₹4.3 Lakh | Open | |
| 17 Mar 2017 | 100084284 | Sidbi | ₹42.75 Lakh | Satisfied | |
| 29 Mar 2012 | 10354037 | Standard Chartered Bank | ₹5 Cr | Satisfied | |
| 19 Dec 2011 | 10329100 | Bombay Mercantile Co-Operative Bank Ltd. | ₹5 Cr | Satisfied |
To see the full charge records of Manik Radiators Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Manik Radiators Private Limited has 9 court cases on record: 9 filed against it. 2 cases are pending and 7 are disposed.
Total cases
9
Filed against the company
9
Pending
2
Disposed
7
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 9 | 2 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai Small Causes Court, Maharashtra | Court case (LD) | Filed against the company by P. R. Advertising Pvt. Ltd. and 1 other | Pending |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (RAD) | Filed against the company by P. R. Advertising Pvt. Ltd and 1 other | Pending |
| District court, Mumbai Small Causes Court, Maharashtra | Appeal | Filed against the company by P R Advertising Pvt Ltd and 1 other | Disposed |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (MARJI) | Filed against the company by P. R. Advertising Pvt. Ltd. and 1 other | Disposed |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (Revision) | Filed against the company by P R Advertising Pvt Ltd and 1 other | Disposed |
To see the full case history of Manik Radiators 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
No delayed payments to MSME suppliers are on our record for Manik Radiators Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Manik Radiators Private Limited has a workforce of 8 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
8
Active EPFO establishments
1
GST
Manik Radiators has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACM3732A1Z1 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Manik Radiators Private Limited, buy the company report.
Recent activity
Manik Radiators Private Limited has 4 board changes on record since 1990: 3 appointments and 1 cessation. The latest: Hundal Fatechand Manik ceased to be Director on 20 Mar 2019.
AGM
Manik Radiators Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Manik Radiators Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Charges
A charge registered on 17 Mar 2017 via Charge ID 100084284 with Sidbi was fully satisfied on 02 Dec 2022.
Ceased
Hundal Fatechand Manik ceased to be Director.
Charges
A charge with Sidbi amounted to Rs. 42.75 Lakh with Charge ID 100084284 was registered on 17 Mar 2017.
Charges
A charge registered on 29 Mar 2012 via Charge ID 10354037 with Standard Chartered Bank was fully satisfied on 07 Mar 2017.
Charges
A charge registered on 19 Dec 2011 via Charge ID 10329100 with Bombay Mercantile Co-Operative Bank Ltd. was fully satisfied on 23 Apr 2012.
Charges
A charge with Standard Chartered Bank amounted to Rs. 500.00 Lakh with Charge ID 10354037 was registered on 29 Mar 2012.
Charges
A charge with Bombay Mercantile Co-Operative Bank Ltd. amounted to Rs. 500.00 Lakh with Charge ID 10329100 was registered on 19 Dec 2011.
Appointed
Anil Shamdas Manik was appointed as Director.
Appointed
Ishwar Shamdas Manik was appointed as Managing Director.
Appointed
Rajesh Ram Manik was appointed as Director.
2 earlier events are in the company report.
Frequently asked questions
Manik Radiators is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 23 December 1972 (54+ years old) and is registered under CIN U29198MH1972PTC016203.
Manik Radiators has 3 current directors:
- Ishwar Shamdas Manik - Managing Director
- Rajesh Ram Manik - Director
- Anil Shamdas Manik - Director
The latest financial statements of Manik Radiators 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 Manik Radiators is 27AAACM3732A1Z1, registered in Maharashtra.
The CIN (Corporate Identification Number) of Manik Radiators is U29198MH1972PTC016203. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Manik Radiators has 9 court cases on record: 9 filed against it. 2 are pending.
Manik Radiators was incorporated on 23 December 1972, making it 54+ years old. It is registered with the Registrar of Companies, Mumbai.
Hundal Fatechand Manik ceased to be Director on 20 Mar 2019. Anil Shamdas Manik was appointed as Director on 04 Jul 1990. Ishwar Shamdas Manik was appointed as Managing Director on 04 Jul 1990. Manik Radiators has 4 board changes on record in total.
Yes, Manik Radiators is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0227003).
The registered office of Manik Radiators is at 24 Sona Udyog Parsi Panchayat Road Andheri East, Mumbai, Maharashtra, India – 400069.