Marthen Enterprises Private Limited
About Marthen Enterprises Private Limited
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Marthen Enterprises Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the engineering components retail and distribution segment of the engineering sector. It was incorporated on 19 June 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29100GJ2020PTC114059. Its GSTIN is 24AANCM5007F1ZO (Gujarat).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Rajan Ramniklal Bambhania and Jignesh Shashikant Thanki.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 301 Harmony Complex 28 Nutan Bharat Society Alkapuri, Vadodara, Gujarat, India – 390007.
As per the financials filed for FY 2025, the company reported a revenue of ₹15.04 Cr, a growth of 22% compared to the previous year. For the same year it recorded a net profit of ₹59.04 Lakh (net margin 3.9%) and EBITDA of ₹1.32 Cr (EBITDA margin 8.8%). Revenue has grown at a compounded annual rate (CAGR) of 60% over three years.
Company details
Contact details
Marthen Enterprises Private Limited's registered office is in Vadodara, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address301 Harmony Complex 28 Nutan Bharat Society Alkapuri, Vadodara, Gujarat, India – 390007
- IndustryEngineering, Engineering Components Retail & Distribution
To see the full contact details of Marthen Enterprises Private Limited, 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
Business activity
The main business activity of Marthen Enterprises is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Marthen Enterprises Private Limited, buy the company report.
Financials of Marthen Enterprises Private Limited
FY 2025 filings availableMarthen Enterprises Private Limited reported revenue of ₹15.04 Cr (up 22% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 60% over three years, including 22% growth in the latest year. EBITDA rose 38% 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 | ₹1.32 Cr | ||||
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| Net Profit (PAT) | ₹59.04 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 | 8.8% | ||||
| Net Profit Margin | 3.9% | ||||
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To see the full financial statements and ratios of Marthen Enterprises Private Limited, buy the company report.
Board of directors of Marthen Enterprises Private Limited
Marthen Enterprises has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajan Ramniklal Bambhania | Director | 19 Jun 2020 | 6 Years 4 Months | Current |
| Jignesh Shashikant Thanki Also directs: Creative Castings Limited, Austin Engineering Company Limited, Specmac Techno Private Limited and 2 more | Director | 19 Jun 2020 | 6 Years 4 Months | Current |
| Hiren Narottam Vadgama | Director | 19 Jun 2020 | 6 Years 4 Months | Current |
Peer comparison
Marthen Enterprises Private Limited is compared with the 6 companies closest to it by revenue in the Engineering industry (Components Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sant International Private Limited | ₹15.51 Cr (FY 2025) | 114.0% | Jalandhar, Punjab, India | |||
| Empee Syndichem Private Limited | ₹15.19 Cr (FY 2024) | 10.0% | Mumbai, Maharashtra, India | |||
| Marthen Enterprises Private Limitedthis company | ₹15.04 Cr (FY 2025) | ₹59.04 Lakh | 3.9% | 22.0% | Vadodara, Gujarat, India | |
| Sri Maruthi Tools and Equipments Private Limited | ₹14.95 Cr (FY 2024) | -25.0% | Coimbatore, Tamil Nadu, India | |||
| Uniza Toolings Private Limited | ₹14.92 Cr (FY 2025) | 14.0% | Ahmedabad, Gujarat, India | |||
| R.S. Sales Private Limited | ₹14.89 Cr (FY 2025) | -7.0% | Uttar Pradesh, India | |||
| Xtrapower Tools Private Limited | ₹14.81 Cr (FY 2025) | 17.0% | New Delhi, Delhi, India |
To see the full peer comparison of Marthen Enterprises Private Limited, buy the company report.
Auditor
Marthen Enterprises Private Limited is audited by G.K. Shah & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G.K. Shah & Associates | FY 2022 | 116729 |
Shareholding
The shareholding of Marthen Enterprises Private Limited is on record for 2 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Marthen Enterprises Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Marthen Enterprises 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 Marthen Enterprises Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Marthen Enterprises Private Limited has 1 active EPFO establishment as of Mar 30, 2024.
GST
Marthen Enterprises has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AANCM5007F1ZO | Gujarat | Active | 02 Sep 2020 |
To see the full GST registrations and return filing status of Marthen Enterprises Private Limited, buy the company report.
Recent activity
Marthen Enterprises Private Limited has 3 board changes on record since 2020: 3 appointments. The latest: Hiren Narottam Vadgama was appointed as Director on 19 Jun 2020.
Frequently asked questions
Marthen Enterprises is an active private limited company based in Vadodara, Gujarat, India. The company works in engineering components retail and distribution, within the engineering industry. It was incorporated on 19 June 2020 (6+ years old) and is registered under CIN U29100GJ2020PTC114059.
Marthen Enterprises has 3 current directors:
- Rajan Ramniklal Bambhania - Director
- Jignesh Shashikant Thanki - Director
- Hiren Narottam Vadgama - Director
The latest financial statements of Marthen Enterprises on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Marthen Enterprises is 24AANCM5007F1ZO, registered in Gujarat.
The CIN (Corporate Identification Number) of Marthen Enterprises is U29100GJ2020PTC114059. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Marthen Enterprises was incorporated on 19 June 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Marthen Enterprises by revenue are Sant International Private Limited, Empee Syndichem Private Limited, Sri Maruthi Tools and Equipments Private Limited, Uniza Toolings Private Limited, R.S. Sales Private Limited and 1 more, all in the Engineering industry (Components Retail and Distribution), with the same principal business activity (wholesale trading).
Hiren Narottam Vadgama was appointed as Director on 19 Jun 2020. Jignesh Shashikant Thanki was appointed as Director on 19 Jun 2020. Rajan Ramniklal Bambhania was appointed as Director on 19 Jun 2020.
The registered office of Marthen Enterprises is at 301 Harmony Complex 28 Nutan Bharat Society Alkapuri, Vadodara, Gujarat, India – 390007.
Marthen Enterprises operates in the engineering industry, in the engineering components retail and distribution segment.
Marthen Enterprises can be reached at its registered office: 301 Harmony Complex 28 Nutan Bharat Society Alkapuri, Vadodara, Gujarat, India – 390007.
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