Markal Industries Association
About Markal Industries Association
Data last updated:
Markal Industries Association is a public not for profit company based in Pune, Maharashtra, India. It operates in the support services segment of the services sector. It was incorporated on 13 September 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U91110PN2011NPL140746.
It is led by directors including Gautam Deepak Shah and Navin Kumar Karnani.
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 Pune, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.88 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹80 (net margin 0%) and EBITDA of ₹100 (EBITDA margin 0%). Revenue has grown at a compounded annual rate (CAGR) of 37% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Markal Industries Association's registered office is in Pune, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressC/O Maass Flange India Pvt. Ltd. Plot 'A' Markal Udyog Nagar Alandi Markal Road, Markal., Pune, Maharashtra, India – 412105
- IndustryService, Other Support Services
To see the full contact details of Markal Industries Association, buy the company report.
- 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
Financials of Markal Industries Association
FY 2025 filings availableMarkal Industries Association reported revenue of ₹4.88 Lakh (up 829% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 37% over five years, including 829% growth in the latest year. EBITDA rose 101% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹100 | ||||
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| Net Profit (PAT) | ₹80 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 0% | ||||
| Net Profit Margin | 0% | ||||
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To see the full financial statements and ratios of Markal Industries Association, buy the company report.
Board of directors of Markal Industries Association
Markal Industries Association has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gautam Deepak Shah | Director | 29 Dec 2021 | 4 Years 9 Months | Current |
| Navin Kumar Karnani | Director | 29 Dec 2021 | 4 Years 9 Months | Current |
| Manish Kishore Kotak | Director | 13 Sep 2011 | 15 Years 1 Months | Current |
| Sandeep Narayanrao Deore Also directs: Dynaxcel Engineers Private Limited, Exolloys Engineering Private Limited, Flagon Engineers Private Limited and 2 more | Director | 29 Dec 2021 | 4 Years 9 Months | Current |
Auditor
Markal Industries Association is audited by S.K.NAREDI AND CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.K.NAREDI AND CO | FY 2023 | 003333C |
Shareholding
The shareholding of Markal Industries Association is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions and public shareholders.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public |
To see the full shareholding pattern of Markal Industries Association, buy the company report.
Legal cases
No court or tribunal cases involving Markal Industries Association are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
Markal Industries Association has 11 MSME Form 1 returns on record between 2018 and 2022, listing 24 overdue payments to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier |
To see the full MSME payment records of Markal Industries Association, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
No GST registration is on our record for Markal Industries Association; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Markal Industries Association has 11 board changes on record since 2011: 4 appointments and 7 cessations. The latest: Gautam Deepak Shah ceased to be Director on 29 Sep 2022.
2 earlier events are in the company report.
Frequently asked questions
Markal Industries Association is an active public not for profit company based in Pune, Maharashtra, India. The company works in other support services, within the service industry. It was incorporated on 13 September 2011 (15+ years old) and is registered under CIN U91110PN2011NPL140746.
Markal Industries Association has 4 current directors:
- Gautam Deepak Shah - Director
- Navin Kumar Karnani - Director
- Manish Kishore Kotak - Director
- Sandeep Narayanrao Deore - Director
The latest financial statements of Markal Industries Association 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 CIN (Corporate Identification Number) of Markal Industries Association is U91110PN2011NPL140746. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Markal Industries Association was incorporated on 13 September 2011, making it 15+ years old. It is registered with the Registrar of Companies, Pune.
Gautam Deepak Shah ceased to be Director on 29 Sep 2022. Navin Kumar Karnani ceased to be Director on 29 Sep 2022. Sandeep Narayanrao Deore ceased to be Director on 29 Sep 2022. Markal Industries Association has 11 board changes on record in total.
Markal Industries Association has 11 MSME Form 1 returns on record between 2018 and 2022, listing 24 overdue payments to 1 micro and small supplier. The latest return was filed on 19 Oct 2022.
The registered office of Markal Industries Association is at CO Maass Flange India Pvt. Ltd. Plot A Markal Udyog Nagar Alandi Markal Road, Markal., Pune, Maharashtra, India – 412105.
Markal Industries Association operates in the service industry, in the other support services segment.
The compliance status of Markal Industries Association is compliant as of 25 September 2026. The company is actively filing with the Registrar of Companies.
Markal Industries Association can be reached at its registered office: CO Maass Flange India Pvt. Ltd. Plot A Markal Udyog Nagar Alandi Markal Road, Markal, Pune, Maharashtra, India – 412105.