About Mars Houseware Industries Private Limited
Data last updated:
Mars Houseware Industries Private Limited is a private limited company based in Delhi, India. It operates in the crockery and kitchenware manufacturing segment of the home and lifestyle products sector. It was incorporated on 18 August 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U28996DL2012PTC240416. Its GSTIN is 06AAICM1541P1Z7 (Haryana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹2.57 Cr. It is led by directors including Mohit Salwan and Chandresh Kumar.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 221 Iind Floor Vaishali Pitampura, Delhi, India – 110088.
As per the financials filed for FY 2024, the company reported a revenue of ₹65.42 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹40.95 Lakh (net margin 0.6%) and EBITDA of ₹1.93 Cr (EBITDA margin 2.9%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years and 6% over five years.
The company has about 17 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹25.9 Cr and satisfied charges of ₹40.05 Cr on record. Court records list 7 cases involving the company, including 5 filed by the company and 2 filed against it; 6 cases are pending. The company has 5 deals on record (3 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹2.5 Cr; the latest was in December 2023. Its 10 peer companies in the Consumer Products industry (Crockery and Utensils Manufacturers) are compared by revenue, 5 larger and 5 smaller; the largest is Stainlay India Private Limited with revenue of ₹69.31 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website marshouseware.com.
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- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address221 Iind Floor Vaishali Pitampura, Delhi, India – 110088
- IndustryHome & Lifestyle, Crockery & Kitchenware Manufacturing
- 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
- One PDF report, delivered after checkout
Business Activity of Mars Houseware Industries Private Limited
The main business activities of Mars Houseware Industries are manufacturing and trade. In detail, this covers metal and metal products and wholesale trading. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | Locked |
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Mars Houseware Industries Private Limited FY 2024 filings available
Mars Houseware Industries Private Limited reported revenue of ₹65.42 Cr (up 1% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Mars Houseware Industries Private Limited
Revenue rose 1% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 6%. EBITDA fell 1% 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 of Mars Houseware Industries Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹1.93 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹40.95 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 of Mars Houseware Industries Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.6% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Mars Houseware Industries are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Mars Houseware Industries Private Limited
Mars Houseware Industries Private Limited is compared with the companies closest to it by revenue in the Consumer Products industry (Crockery and Utensils Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Stainlay India Private Limited | ₹69.31 Cr (FY 2025) | •••• | •••• | 36.0% | •••• | New Delhi, Delhi, India |
| Arsan Industries Private Limited | ₹69.28 Cr (FY 2025) | •••• | •••• | 326.0% | •••• | Delhi, India |
| FNS International Limited | ₹67.56 Cr (FY 2024) | •••• | •••• | 10.0% | •••• | New Delhi, Delhi, India |
| Universal Steel Discs Private Limited | ₹66.26 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Karnal, Haryana, India |
| Swastik Industries International Private Limited | ₹65.98 Cr (FY 2024) | •••• | •••• | 56.0% | •••• | Delhi, India |
| Mars Houseware Industries Private Limited this company | ₹65.42 Cr (FY 2024) | •••• | •••• | 1.0% | •••• | Delhi, India |
| Varmora Plastech Private Limited | ₹63.17 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Ahmedabad, Gujarat, India |
| Mpee Kitchenette Private Limited | ₹62.39 Cr (FY 2025) | •••• | •••• | 51.0% | •••• | Bengaluru, Karnataka, India |
| Samrat Houseware Private Limited | ₹58.87 Cr (FY 2024) | •••• | •••• | -2.0% | •••• | Chennai, Tamil Nadu, India |
| Rico Appliances Private Limited | ₹57.87 Cr (FY 2025) | •••• | •••• | -16.0% | •••• | Mumbai, Maharashtra, India |
| Lallubhai Amichand Limited | ₹57.59 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Mars Houseware Industries by revenue in the Consumer Products industry (Crockery and Utensils Manufacturers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Mars Houseware Industries Private Limited
Mars Houseware Industries Private Limited is audited by BGA & ASSOCIATES LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| BGA & ASSOCIATES LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Mars Houseware Industries Private Limited
Mars Houseware Industries has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohit Salwan Also directs: Meera Global Solutions LLP, Deepbhumi Garments Private Limited | Director | 25 Feb 2014 | 12 Years 7 Months | Current |
| Chandresh Kumar | Director | 11 Jun 2018 | 8 Years 3 Months | Current |
| Rashmi Salwan Also directs: Meera Global Solutions LLP, Deepbhumi Garments Private Limited | Director | 19 Aug 2024 | 2 Years 1 Months | Current |
Ownership and Shareholding of Mars Houseware Industries Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Mars Houseware Industries Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Mar 2024 | Hdfc Bank Limited | ₹10.07 Lakh | Open |
| 30 Jan 2024 | Hdfc Bank Limited | ₹20.09 Lakh | Open |
| 08 May 2023 | Hdfc Bank Limited | ₹20.1 Lakh | Open |
| 21 Dec 2020 | Hdfc Bank Limited | ₹25.4 Cr | Open |
| 04 Sep 2020 | Axis Bank Limited | ₹3.3 Cr | Satisfied |
Total charge records: 7 View all charges
Deals & Funding of Mars Houseware Industries Private Limited
Mars Houseware Industries Private Limited has 5 deals on record (3 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹2.5 Cr; the latest was in December 2023.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Apr 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Sep 2018 | Funding round | ₹2.5 Cr | Investors: an individual |
| Mar 2015 | Rights issue | ₹81 Lakh | Investors: an individual |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
Full deal history
All 5 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Mars Houseware Industries Private Limited
Mars Houseware Industries Private Limited has 7 court cases on record: 5 filed by Mars Houseware Industries, 2 filed against it. 6 cases are pending and 1 is disposed. Status as checked between 29 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 2 | 4 |
| High courts | 2 | 0 | 2 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Sonepat, Haryana | Civil suit | Filed against the company by Devisons Infiniti Housewares Private Limited | Pending |
| District court, Sonepat, Haryana | Court case (RENT) | Filed against the company by Devisons Infiniti Housewares Private Limited | Pending |
| District court, Sonepat, Haryana | Civil suit | Filed by the company against an individual | Pending |
| District court, Sonepat, Haryana | Cheque dishonour complaint | Filed by the company against an individual | Pending |
| High Court of Punjab and Haryana | Writ petition | Filed by the company against Union of India | Pending |
Full case history
All 7 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Mars Houseware Industries Private Limited
Mars Houseware Industries Private Limited has a workforce of 17 employees as of Mar 20, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Mars Houseware Industries Private Limited
Mars Houseware Industries Private Limited has 13 board changes on record since 2012: 8 appointments and 5 cessations. The latest: Rashmi Salwan was appointed as Director on 19 Aug 2024.
16 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Mars Houseware Industries Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Mars Houseware Industries Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Mars Houseware Industries Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Mars Houseware Industries Private Limited
Mars Houseware Industries has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAICM1541P1Z7 | Haryana | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Mars Houseware Industries Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Mars Houseware Industries Private Limited
Mars Houseware Industries is an active private limited company based in Delhi, India. The company works in crockery and kitchenware manufacturing, within the home and lifestyle industry. It was incorporated on 18 August 2012 (14+ years old) and is registered under CIN U28996DL2012PTC240416.
Mars Houseware Industries reported revenue of ₹65.42 Cr for FY 2024 (up 1% YoY).
Mars Houseware Industries has 3 current directors:
- Mohit Salwan - Director
- Chandresh Kumar - Director
- Rashmi Salwan - Director
Mars Houseware Industries reported a net profit of ₹40.95 Lakh (net margin 0.6%) and EBITDA of ₹1.93 Cr (EBITDA margin 2.9%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Mars Houseware Industries is -6% over three years and -6% over five years. In the latest year (FY 2024) revenue rose 1%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Mars Houseware Industries is 06AAICM1541P1Z7, registered in Haryana. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Mars Houseware Industries is U28996DL2012PTC240416. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mars Houseware Industries has 7 court cases on record: 5 filed by the company and 2 filed against it. 6 are pending. Most are in the district courts.
Mars Houseware Industries was incorporated on 18 August 2012, making it 14+ years old. It is registered with the Registrar of Companies, Delhi.
Mars Houseware Industries has 5 deals on record (3 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹2.5 Cr; the latest was in December 2023.
The peers of Mars Houseware Industries by revenue are Stainlay India Private Limited, Arsan Industries Private Limited, FNS International Limited, Universal Steel Discs Private Limited, Swastik Industries International Private Limited and 5 more, all in the Consumer Products industry (Crockery and Utensils Manufacturers).