MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-HR-05-0001541
Mars Associates Private Limited - manufacturing in Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹60.31 Cr
▲ 40% YoY
Net profit · FY 2025
₹8.49 Cr
Net margin 14.1%
EBITDA · FY 2025
₹12 Cr
EBITDA margin 19.9%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹43.44 Lakh
Issued & subscribed
Open charges
₹17.56 Cr
Satisfied ₹51.22 Cr
Company age
43 yrs
Est. 1983
Employees · EPFO
88
Provident fund records
About Mars Associates Private Limited
Data last updated:
Mars Associates Private Limited is a private limited company based in Delhi, India. It operates in the die casting and metal forming segment of the manufacturing sector. It was incorporated on 24 May 1983 and has been in existence for over 43 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1983PTC015786. Its GSTIN is 06AAACM4203E1Z5 (Haryana). The company holds 4 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹43.44 Lakh. It is led by directors including Lakshay Goel (Whole-Time Director) and Mukesh Goel.
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at M – 82 Greater Kailash Part – 2, New Delhi, Delhi, India – 110048.
As per the financials filed for FY 2025, the company reported a revenue of ₹60.31 Cr, a growth of 40% compared to the previous year. For the same year it recorded a net profit of ₹8.49 Cr (net margin 14.1%) and EBITDA of ₹12 Cr (EBITDA margin 19.9%). Revenue has grown at a compounded annual rate (CAGR) of 28% over three years and 20% over five years.
The company has about 88 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Mars Associates. As per MCA filings, the company has open charges of ₹17.56 Cr and satisfied charges of ₹51.22 Cr on record. Court records list 4 cases involving the company, including 1 filed by the company and 3 filed against it.
Mars Associates Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-05-0001541). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website marsautocomponents.com.
Company details
CIN U74899DL1983PTC015786
Registration Number 015786
Incorporation Date 24 May 1983
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 25 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-HR-05-0001541
Recognitions & Rankings of Mars Associates
Contact details
Mars Associates Private Limited's registered office is in Delhi, Delhi. Its website is marsautocomponents.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressM – 82 Greater Kailash Part – 2, New Delhi, Delhi, India – 110048
- IndustryManufacturing, Die Casting & Metal Forming
To see the full contact details of Mars Associates Private Limited, buy the company report.
Comprehensive company report
Mars Associates 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
Brands
Mars Associates operates one associated brand: Mars Associates. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures automotive components and home appliances using precision techniques. | marsautocomponents.com |
Business activity
The main business activity of Mars Associates is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Mars Associates Private Limited, buy the company report.
Financials of Mars Associates Private Limited
FY 2025 filings availableMars Associates Private Limited reported revenue of ₹60.31 Cr (up 40% YoY) for FY 2025.
Revenue · FY 2025
₹60.31 Cr ▲ 40%
Net profit · FY 2025
₹8.49 Cr margin 14.1%
EBITDA · FY 2025
₹12 Cr margin 19.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 40%
3 years · compounded
▲ 28%
5 years · compounded
▲ 20%
EBITDA CAGR growth
1 year
▲ 314%
3 years · compounded
▲ 41%
5 years · compounded
▲ 32%
Revenue has grown at a compounded annual rate (CAGR) of 20% over five years, including 40% growth in the latest year. EBITDA rose 314% 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 | ₹12 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹8.49 Cr | ||||
| 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 | 19.9% | ||||
| Net Profit Margin | 14.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Mars Associates Private Limited, buy the company report.
Board of directors of Mars Associates Private Limited
Mars Associates has 4 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 |
|---|---|---|---|---|
| Mukesh Goel | Director | 24 May 1983 | 43 Years 5 Months | Current |
| Lakshmi Narain Goel | Director | 24 May 1983 | 43 Years 5 Months | Current |
| Parvati Goel | Director | 24 May 1983 | 43 Years 5 Months | Current |
| Lakshay Goel | Whole-Time Director | 22 Sep 2020 | 6 Years 1 Months | Current |
Peer comparison
Mars Associates Private Limited is compared with the 9 companies closest to it by revenue in the Manufacturing industry (Die Casting), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shaifali Rolls Limited | ₹62.06 Cr (FY 2025) | 3.0% | Gandhidham, Gujarat, India | |||
| Nibber Castings Private Limited | ₹61.68 Cr (FY 2018) | 15.0% | Mohali, Punjab, India | |||
| Arihant Technocast India Private Limited | ₹61.19 Cr (FY 2025) | 41.0% | Coimbatore, Tamil Nadu, India | |||
| Loco Castings Private Limited | ₹60.55 Cr (FY 2025) | 11638.0% | Andal, West Bengal, India | |||
| Shree Nilkanth Alloys Private Limited | ₹60.49 Cr (FY 2025) | -5.0% | Bavla, Gujarat, India | |||
| Mars Associates Private Limitedthis company | ₹60.31 Cr (FY 2025) | ₹8.49 Cr | 14.1% | 40.0% | 88 | Delhi, India |
| Seksaria Foundries Ltd. | ₹60.23 Cr (FY 2025) | 81.0% | Kolkata, West Bengal, India | |||
| Bright Foundries Coimbatore Private Limited | ₹59.52 Cr (FY 2025) | 16.0% | Coimbatore, Tamil Nadu, India | |||
| Mira Alloy Steels Private Limited | ₹59.38 Cr (FY 2020) | 14.0% | Coimbatore, Tamil Nadu, India | |||
| GTS Alloys Private Limited | ₹59.09 Cr (FY 2025) | 0.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Mars Associates Private Limited, buy the company report.
Auditor
Mars Associates Private Limited is audited by CHOPRA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHOPRA & ASSOCIATES | FY 2023 | 000450N |
Shareholding
The shareholding of Mars Associates Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mars Associates Private Limited, buy the company report.
Charges & borrowings
Open charges
₹17.56 Cr
Satisfied charges
₹51.22 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Nov 2025 | 101205578 | Standard Chartered Bank | ₹1.9 Cr | Open | |
| 19 Feb 2025 | 101093681 | Yes Bank Limited | ₹19.68 Lakh | Open | |
| 28 Jan 2025 | 101051521 | Yes Bank Limited | ₹18.41 Lakh | Open | |
| 18 May 2024 | 100946578 | Hdfc Bank Limited | ₹53 Lakh | Open | |
| 20 May 2022 | 100573753 | Standard Chartered Bank | ₹1.45 Cr | Open |
To see the full charge records of Mars Associates Private Limited, buy the company report.
Total charge records: 20 View all charges
Legal cases
Mars Associates Private Limited has 4 court cases on record: 1 filed by Mars Associates, 3 filed against it. All cases are disposed.
Total cases
4
Filed by the company
1
Filed against the company
3
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Arbitration matter | Filed against the company by Denso Haryana Pvt Ltd | Disposed |
| District court, South East, Delhi | Execution petition | Filed by the company against Ms Hormesa Conticast Group | Disposed |
| District court, North East, Delhi | Court case (L I R) | Filed against the company by an individual | Disposed |
| District court, Central, Delhi | Court case (L I R) | Filed against the company by an individual | Disposed |
To see the full case history of Mars Associates 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 Mars Associates Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Mars Associates Private Limited has a workforce of 88 employees on its EPFO records as of Apr 09, 2024, across 2 active EPFO establishments.
Employee count
88
Active EPFO establishments
2
Employee growth
17.33%
GST
Mars Associates has 4 GST registrations: 1 active and 3 cancelled or inactive.
Total GSTINs
4
Active
1
Cancelled / inactive
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAACM4203E1Z5 | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mars Associates Private Limited, buy the company report.
Recent activity
Mars Associates Private Limited has 6 board changes on record since 1983: 5 appointments and 1 cessation. The latest: Lakshay Goel was appointed as Whole-Time Director on 22 Sep 2020.
Charges
A charge with Standard Chartered Bank of Rs. 12.30 Cr registered on 15 Nov 2017 with Charge ID 100133489 was modified on 18 Dec 2025.
Charges
A charge with Standard Chartered Bank amounted to Rs. 1.90 Cr with Charge ID 101205578 was registered on 06 Nov 2025.
AGM
Mars Associates Private Limited last Annual general meeting of members was held on 25 Sep 2025 as per latest MCA records.
Filing
Mars Associates Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Charges
A charge with Yes Bank Limited amounted to Rs. 0.20 Cr with Charge ID 101093681 was registered on 19 Feb 2025.
Charges
A charge with Yes Bank Limited amounted to Rs. 0.18 Cr with Charge ID 101051521 was registered on 28 Jan 2025.
Charges
A charge registered on 30 Jan 2024 via Charge ID 100894553 with Others was fully satisfied on 19 Jun 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.53 Cr with Charge ID 100946578 was registered on 18 May 2024.
Charges
A charge with Others amounted to Rs. 8.00 Cr with Charge ID 100894553 was registered on 30 Jan 2024.
Charges
A charge with Standard Chartered Bank amounted to Rs. 1.45 Cr with Charge ID 100573753 was registered on 20 May 2022.
Charges
A charge with Standard Chartered Bank amounted to Rs. 1.00 Cr with Charge ID 100501947 was registered on 20 Nov 2021.
Appointed
Lakshay Goel was appointed as Whole-Time Director.
35 earlier events are in the company report.
Frequently asked questions
Mars Associates is an active private limited company based in Delhi, India. The company works in die casting and metal forming, within the manufacturing industry. It was incorporated on 24 May 1983 (43+ years old) and is registered under CIN U74899DL1983PTC015786.
Mars Associates has 4 current directors:
- Lakshay Goel - Whole-Time Director
- Mukesh Goel - Director
- Lakshmi Narain Goel - Director
- Parvati Goel - Director
The latest financial statements of Mars Associates on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Mars Associates is 06AAACM4203E1Z5, registered in Haryana. The company has 4 GST registrations in all, of which 1 is active and 3 are cancelled or inactive.
The CIN (Corporate Identification Number) of Mars Associates is U74899DL1983PTC015786. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mars Associates has 4 court cases on record: 1 filed by the company and 3 filed against it. Most are in the district courts.
Mars Associates was incorporated on 24 May 1983, making it 43+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Mars Associates by revenue are Shaifali Rolls Limited, Nibber Castings Private Limited, Arihant Technocast India Private Limited, Loco Castings Private Limited, Shree Nilkanth Alloys Private Limited and 4 more, all in the Manufacturing industry (Die Casting), with the same principal business activity (metal and metal products).
Lakshay Goel was appointed as Whole-Time Director on 22 Sep 2020. Rakesh Goel ceased to be Director on 27 Feb 2019. Rakesh Goel was appointed as Director on 11 Jul 1985. Mars Associates has 6 board changes on record in total.
Yes, Mars Associates is registered as a small enterprise under Udyam registration (number: UDYAM-HR-05-0001541).
Mars Associates can be reached through the website marsautocomponents.com. Its registered office is in Delhi, India.