MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MP-23-0007610
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Marshal Test Labs (Indore) Private Limited - travel and hospitality in Indore, Madhya Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹1.29 Cr
▲ 22% YoY
Net profit · FY 2025
₹4.25 Lakh
Net margin 3.3%
EBITDA · FY 2025
₹46.85 Lakh
EBITDA margin 36.4%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹1.3 Cr
Satisfied ₹10 Lakh
Company age
23 yrs
Est. 2003
Directors on board
2
As per MCA filings
About Marshal Test Labs (Indore) Private Limited
Data last updated:
Marshal Test Labs (Indore) Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the consumer and professional services segment of the travel and hospitality sector. It was incorporated on 10 February 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U73100MP2003PTC015567. Its GSTIN is 23AADCM5680N1Z4 (Madhya Pradesh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Achala Vaidya and Asim Vaidya.
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 6 – 7 Fourth Floor Dawa Bazar Rnt Marg, Indore, Madhya Pradesh, India – 452001.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.29 Cr, a growth of 22% compared to the previous year. For the same year it recorded a net profit of ₹4.25 Lakh (net margin 3.3%) and EBITDA of ₹46.85 Lakh (EBITDA margin 36.4%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years and 3% over five years.
As per MCA filings, the company has open charges of ₹1.3 Cr and satisfied charges of ₹10 Lakh on record.
Marshal Test Labs (Indore) Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-23-0007610). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mtlipl.com.
Company details
CIN U73100MP2003PTC015567
Registration Number 015567
Incorporation Date 10 February 2003
ROC Gwalior
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-MP-23-0007610
Key People
Achala Vaidya Director Asim Vaidya Director Recognitions & Rankings of Marshal Test Labs (Indore)
Contact details
Marshal Test Labs (Indore) Private Limited's registered office is in Indore, Madhya Pradesh. Its website is mtlipl.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address6 – 7 Fourth Floor Dawa Bazar Rnt Marg, Indore, Madhya Pradesh, India – 452001
- IndustryTravel and Hospitality, Consumer Professional Services
To see the full contact details of Marshal Test Labs (Indore) Private Limited, buy the company report.
Comprehensive company report
Marshal Test Labs (Indore) 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 Marshal Test Labs (Indore) is professional, scientific and technical. In detail, this covers architecture, engineering activities, technical testing and analysis activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M4 | Architecture, engineering activities, technical testing and analysis activities |
To see the full business activity and turnover split of Marshal Test Labs (Indore) Private Limited, buy the company report.
Financials of Marshal Test Labs (Indore) Private Limited
FY 2025 filings availableMarshal Test Labs (Indore) Private Limited reported revenue of ₹1.29 Cr (up 22% YoY) for FY 2025.
Revenue · FY 2025
₹1.29 Cr ▲ 22%
Net profit · FY 2025
₹4.25 Lakh margin 3.3%
EBITDA · FY 2025
₹46.85 Lakh margin 36.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 22%
3 years · compounded
▲ 6%
5 years · compounded
▼ 3%
EBITDA CAGR growth
1 year
▲ 68%
3 years · compounded
▲ 15%
5 years · compounded
▲ 7%
Revenue rose 22% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 3%. EBITDA rose 68% 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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| EBITDA | ₹46.85 Lakh | ||||
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| Net Profit (PAT) | ₹4.25 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 36.4% | ||||
| Net Profit Margin | 3.3% | ||||
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To see the full financial statements and ratios of Marshal Test Labs (Indore) Private Limited, buy the company report.
Board of directors of Marshal Test Labs (Indore) Private Limited
Marshal Test Labs (Indore) has 2 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 |
|---|---|---|---|---|
| Achala Vaidya | Director | 10 Feb 2003 | 23 Years 8 Months | Current |
| Asim Vaidya Also directs: Risiga Developers LLP, Panasim Acres Private Limited | Director | 10 Feb 2003 | 23 Years 8 Months | Current |
Auditor
Marshal Test Labs (Indore) Private Limited is audited by GAURAV N JAIN & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GAURAV N JAIN & CO. | FY 2023 | 402581 |
Shareholding
The shareholding of Marshal Test Labs (Indore) 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Marshal Test Labs (Indore) Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.3 Cr
Satisfied charges
₹10 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Oct 2025 | 101195594 | Axis Bank Limited | ₹1.3 Cr | Open | |
| 17 Aug 2006 | 10013525 | State Bank of India | ₹10 Lakh | Satisfied |
To see the full charge records of Marshal Test Labs (Indore) Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Marshal Test Labs (Indore) Private Limited 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
No delayed payments to MSME suppliers are on our record for Marshal Test Labs (Indore) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Marshal Test Labs (Indore) has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AADCM5680N1Z4 | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Marshal Test Labs (Indore) Private Limited, buy the company report.
Recent activity
Marshal Test Labs (Indore) Private Limited has 3 board changes on record since 2003: 2 appointments and 1 cessation. The latest: Vanaja Bhave ceased to be Director on 01 Jan 2011.
Charges
A charge with Axis Bank Limited amounted to Rs. 130.00 Lakh with Charge ID 101195594 was registered on 17 Oct 2025.
AGM
Marshal Test Labs (Indore) Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Marshal Test Labs (Indore) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Gwalior.
Charges
A charge registered on 17 Aug 2006 via Charge ID 10013525 with State Bank Of India was fully satisfied on 28 Jan 2012.
Ceased
Vanaja Bhave ceased to be Director.
Charges
A charge with State Bank Of India amounted to Rs. 10.00 Lakh with Charge ID 10013525 was registered on 17 Aug 2006.
Appointed
Achala Vaidya was appointed as Director.
Appointed
Asim Vaidya was appointed as Director.
Incorporation
10 Feb 2003
Marshal Test Labs (Indore) Private Limited was registered on 10 Feb 2003 with Roc Gwalior & aged 23 years 8 months as per MCA records.
Frequently asked questions
Marshal Test Labs (Indore) is an active private limited company based in Indore, Madhya Pradesh, India. The company works in consumer professional services, within the travel and hospitality industry. It was incorporated on 10 February 2003 (23+ years old) and is registered under CIN U73100MP2003PTC015567.
Marshal Test Labs (Indore) has 2 current directors:
- Achala Vaidya - Director
- Asim Vaidya - Director
The latest financial statements of Marshal Test Labs (Indore) 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 Marshal Test Labs (Indore) is 23AADCM5680N1Z4, registered in Madhya Pradesh. 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 Marshal Test Labs (Indore) is U73100MP2003PTC015567. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Marshal Test Labs (Indore) was incorporated on 10 February 2003, making it 23+ years old. It is registered with the Registrar of Companies, Gwalior.
Vanaja Bhave ceased to be Director on 01 Jan 2011. Achala Vaidya was appointed as Director on 10 Feb 2003. Asim Vaidya was appointed as Director on 10 Feb 2003.
Yes, Marshal Test Labs (Indore) is registered as a micro enterprise under Udyam registration (number: UDYAM-MP-23-0007610).
Marshal Test Labs (Indore) can be reached through the website mtlipl.com. Its registered office is in Indore, Madhya Pradesh, India.
The registered office of Marshal Test Labs (Indore) is at 6 – 7 Fourth Floor Dawa Bazar Rnt Marg, Indore, Madhya Pradesh, India – 452001.