MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0113930
Marut Air Systems Private Limited - machinery and equipment in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹29.86 Cr
▲ 94% YoY
Net profit · FY 2024
₹77.89 Lakh
Net margin 2.6%
EBITDA · FY 2024
₹1.02 Cr
EBITDA margin 3.4%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹8.68 Lakh
Issued & subscribed
Open charges
₹15.7 Cr
Secured borrowings
Company age
5 yrs
Est. 2021
Employees · EPFO
4
Provident fund records
About Marut Air Systems Private Limited
Data last updated:
Marut Air Systems Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 28 June 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29308GJ2021PTC123650. Its GSTIN is 24AAOCM7146G1Z9 (Gujarat).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹8.68 Lakh. It is led by directors including Rajeshkumar Kantilal Patel and Richu Mit Patel.
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 D – 404 Arise Icon Near Umiya Campus Off. S.G. Highway Village Gota, Ahmedabad, Gujarat, India – 380060.
As per the financials filed for FY 2024, the company reported a revenue of ₹29.86 Cr, a growth of 94% compared to the previous year. For the same year it recorded a net profit of ₹77.89 Lakh (net margin 2.6%) and EBITDA of ₹1.02 Cr (EBITDA margin 3.4%).
The company has about 4 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹15.7 Cr on record. Court records list 6 cases involving the company, including 6 filed against it.
Marut Air Systems Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0113930). For more details, the company can be reached via its website marutair.in.
Company details
CIN U29308GJ2021PTC123650
Registration Number 123650
Incorporation Date 28 June 2021
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
MSME Classification Small
Udyam Registration UDYAM-GJ-01-0113930
Key People
Rajeshkumar Kantilal Patel Director Richu Mit Patel Director Mitkumar Rajeshbhai Patel Director Recognitions & Rankings of Marut Air Systems
Contact details
Marut Air Systems Private Limited's registered office is in Ahmedabad, Gujarat. Its website is marutair.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressD – 404 Arise Icon Near Umiya Campus Off. S.G. Highway Village Gota, Ahmedabad, Gujarat, India – 380060
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Marut Air Systems Private Limited, buy the company report.
Comprehensive company report
Marut Air Systems 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 Marut Air Systems 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 Marut Air Systems Private Limited, buy the company report.
Financials of Marut Air Systems Private Limited
FY 2024 filings availableMarut Air Systems Private Limited reported revenue of ₹29.86 Cr (up 94% YoY) for FY 2024.
Revenue · FY 2024
₹29.86 Cr ▲ 94%
Net profit · FY 2024
₹77.89 Lakh margin 2.6%
EBITDA · FY 2024
₹1.02 Cr margin 3.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 94%
EBITDA CAGR growth
1 year
▲ 482%
Revenue rose 94% in the latest year. EBITDA rose 482% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹29.86 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹1.02 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹77.89 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 3.4% | ||
| Net Profit Margin | 2.6% | ||
| 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 | |||
To see the full financial statements and ratios of Marut Air Systems Private Limited, buy the company report.
Board of directors of Marut Air Systems Private Limited
Marut Air Systems has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajeshkumar Kantilal Patel | Director | 28 Jun 2021 | 5 Years 4 Months | Current |
| Richu Mit Patel | Director | 28 Jun 2021 | 5 Years 4 Months | Current |
| Mitkumar Rajeshbhai Patel Also directs: Mark Constech LLP | Director | 28 Jun 2021 | 5 Years 4 Months | Current |
Auditor
Marut Air Systems Private Limited is audited by RAVI V PATEL & CO for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAVI V PATEL & CO | FY 2024 | 134309W |
Shareholding
The shareholding of Marut Air Systems Private Limited is on record for 3 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Marut Air Systems Private Limited, buy the company report.
Charges & borrowings
Open charges
₹15.7 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Jun 2024 | 100945681 | Others | ₹9.6 Cr | Open | |
| 18 Jun 2024 | 100945669 | Others | ₹4.4 Cr | Open | |
| 22 Nov 2023 | 100835054 | Others | ₹1.7 Cr | Open |
To see the full charge records of Marut Air Systems Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Marut Air Systems Private Limited has 6 court cases on record: 6 filed against it. All cases are disposed.
Total cases
6
Filed against the company
6
Disposed
6
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 6 | 0 |
Cases on record (2 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mahesana, Gujarat | Criminal complaint | Filed against the company by an individual | Disposed |
| District court, Mahesana, Gujarat | Criminal complaint | Filed against the company | Disposed |
To see the full case history of Marut Air Systems 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 Marut Air Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Marut Air Systems has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAOCM7146G1Z9 | Gujarat | Active | 06 Aug 2021 |
To see the full GST registrations and return filing status of Marut Air Systems Private Limited, buy the company report.
Recent activity
Marut Air Systems Private Limited has 3 board changes on record since 2021: 3 appointments. The latest: Mitkumar Rajeshbhai Patel was appointed as Director on 28 Jun 2021.
AGM
Marut Air Systems Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 960.00 Lakh with Charge ID 100945681 was registered on 18 Jun 2024.
Charges
A charge with Others amounted to Rs. 440.00 Lakh with Charge ID 100945669 was registered on 18 Jun 2024.
Charges
A charge with Others of Rs. 440.00 Lakh registered on 18 Jun 2024 with Charge ID 100945669 was modified on 18 Jun 2024.
Filing
Marut Air Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge with Others amounted to Rs. 170.00 Lakh with Charge ID 100835054 was registered on 22 Nov 2023.
Appointed
Mitkumar Rajeshbhai Patel was appointed as Director.
Appointed
Rajeshkumar Kantilal Patel was appointed as Director.
Appointed
Richu Mit Patel was appointed as Director.
Incorporation
28 Jun 2021
Marut Air Systems Private Limited was registered on 28 Jun 2021 with Roc Ahmedabad & aged 5 years 4 months as per MCA records.
Frequently asked questions
Marut Air Systems is an active private limited company based in Ahmedabad, Gujarat, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 28 June 2021 (5+ years old) and is registered under CIN U29308GJ2021PTC123650.
Marut Air Systems has 3 current directors:
- Rajeshkumar Kantilal Patel - Director
- Richu Mit Patel - Director
- Mitkumar Rajeshbhai Patel - Director
The latest financial statements of Marut Air Systems on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2022 are in the company report.
The GSTIN of Marut Air Systems is 24AAOCM7146G1Z9, registered in Gujarat.
The CIN (Corporate Identification Number) of Marut Air Systems is U29308GJ2021PTC123650. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Marut Air Systems has 6 court cases on record: 6 filed against it.
Marut Air Systems was incorporated on 28 June 2021, making it 5+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Mitkumar Rajeshbhai Patel was appointed as Director on 28 Jun 2021. Rajeshkumar Kantilal Patel was appointed as Director on 28 Jun 2021. Richu Mit Patel was appointed as Director on 28 Jun 2021.
Yes, Marut Air Systems is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0113930).
Marut Air Systems can be reached through the website marutair.in. Its registered office is in Ahmedabad, Gujarat, India.
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