MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-23-0016894
Maruti Hydraulics Limited - machinery and equipment in Nashik, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹40.47 Cr
▲ 109% YoY
Net profit · FY 2024
₹3.01 Cr
Net margin 7.4%
EBITDA · FY 2024
₹4.71 Cr
EBITDA margin 11.6%
Authorised capital
₹13 Cr
Registered with MCA
Paid-up capital
₹9.41 Cr
Issued & subscribed
Open charges
₹5.04 Cr
Satisfied ₹4.63 Cr
Company age
36 yrs
Est. 1990
Employees · EPFO
89
Provident fund records
About Maruti Hydraulics Limited
Data last updated:
Maruti Hydraulics Limited is a public limited company based in Nashik, Maharashtra, India. It operates in the construction machinery and equipment segment of the machinery and industrial equipment sector. It was incorporated on 31 July 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29120MH1990PLC057522. Its GSTIN is 27AADCM2163J1ZG (Maharashtra).
The company has an authorised share capital of ₹13 Cr and a paid-up capital of ₹9.41 Cr. It was formerly known as Maruti Hydraulics Private Limited. It is led by directors including Rhishikesh Shivaji Chopade (Managing Director) and Praveen Kumar Joshi.
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 Plot No B – 45 M I D Cambad, Nashik, Maharashtra, India – 422010.
As per the financials filed for FY 2024, the company reported a revenue of ₹40.47 Cr, a growth of 109% compared to the previous year. For the same year it recorded a net profit of ₹3.01 Cr (net margin 7.4%) and EBITDA of ₹4.71 Cr (EBITDA margin 11.6%). Revenue has grown at a compounded annual rate (CAGR) of 66% over three years and 42% over five years.
The company has about 89 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹5.04 Cr and satisfied charges of ₹4.63 Cr on record. Court records list 5 cases involving the company, including 1 filed by the company and 4 filed against it; 2 cases are pending.
Maruti Hydraulics Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-23-0016894). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website marutihydraulics.com.
Company details
CIN U29120MH1990PLC057522
Registration Number 057522
Incorporation Date 31 July 1990
ROC Mumbai
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 Small
Udyam Registration UDYAM-MH-23-0016894
CIN history
Maruti Hydraulics has one previous CIN (Corporate Identification Number): U29120MH1990PTC057522. The current CIN is U29120MH1990PLC057522, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29120MH1990PLC057522 | Current |
| U29120MH1990PTC057522 | Previous |
Key People
Rhishikesh Shivaji Chopade Managing Director Praveen Kumar Joshi Director Shruti Joshi Director Recognitions & Rankings of Maruti Hydraulics
Contact details
Maruti Hydraulics Limited's registered office is in Nashik, Maharashtra.
- Registered AddressPlot No B – 45 M I D Cambad, Nashik, Maharashtra, India – 422010
- IndustryMachinery and Equipment, Construction Machinery & Equipment
Comprehensive company report
Maruti Hydraulics 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Maruti Hydraulics is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Maruti Hydraulics Limited, buy the company report.
Financials of Maruti Hydraulics Limited
FY 2025 filings availableMaruti Hydraulics Limited reported revenue of ₹40.47 Cr (up 109% YoY) for FY 2024.
Revenue · FY 2024
₹40.47 Cr ▲ 109%
Net profit · FY 2024
₹3.01 Cr margin 7.4%
EBITDA · FY 2024
₹4.71 Cr margin 11.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 109%
3 years · compounded
▲ 66%
5 years · compounded
▲ 42%
EBITDA CAGR growth
1 year
▲ 290%
3 years · compounded
▲ 79%
5 years · compounded
▲ 64%
Revenue has grown at a compounded annual rate (CAGR) of 42% over five years, including 109% growth in the latest year. EBITDA rose 290% 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 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 | ₹4.71 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.01 Cr | ||||
| 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 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.6% | ||||
| Net Profit Margin | 7.4% | ||||
| 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 Maruti Hydraulics Limited, buy the company report.
Board of directors of Maruti Hydraulics Limited
Maruti Hydraulics has 5 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rhishikesh Shivaji Chopade | Managing Director | 01 Feb 2012 | 14 Years 8 Months | Current |
| Praveen Kumar Joshi | Director | 15 Jul 2024 | 2 Years 3 Months | Current |
| Shruti Joshi | Director | 31 May 2022 | 4 Years 4 Months | Current |
| Sushant Deepak Patel | Director | 15 May 2025 | 1 Years 5 Months | Current |
| Rajshree Swadhin Padia Also directs: Smartwiz Valuation LLP, Infrared Biz Consultants Private Limited | Director | 15 May 2025 | 1 Years 5 Months | Current |
Peer comparison
Maruti Hydraulics Limited is compared with the 5 companies closest to it by revenue in the Machinery and Equipment industry (Construction Equipment), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| P Cube Equipments Private Limited | ₹43.36 Cr (FY 2025) | 46.0% | Vadodara, Gujarat, India | |||
| Edicon Pneumatic Tool Company Private Limited | ₹40.5 Cr (FY 2025) | -16.0% | Navi Mumbai, Maharashtra, India | |||
| Maruti Hydraulics Limitedthis company | ₹40.47 Cr (FY 2024) | ₹3.01 Cr | 7.4% | 109.0% | Nashik, Maharashtra, India | |
| Sona Construction Technologies Private Limited | ₹39.99 Cr (FY 2024) | 31.0% | Delhi, India | |||
| Elsa Concreting Machinery India Private Limited | ₹39.86 Cr (FY 2025) | 8.0% | Jabalpur, Madhya Pradesh, India | |||
| Akona Engineering Private Limited | ₹38.7 Cr (FY 2025) | 25.0% | Delhi, India |
To see the full peer comparison of Maruti Hydraulics Limited, buy the company report.
Charges & borrowings
Open charges
₹5.04 Cr
Satisfied charges
₹4.63 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Mar 2025 | 101062788 | Others | ₹39 Lakh | Open | |
| 10 Jul 2023 | 100743368 | Others | ₹42.28 Lakh | Open | |
| 27 Mar 2023 | 100705654 | Others | ₹4.23 Cr | Open | |
| 15 Feb 2024 | 100883516 | Others | ₹11 Lakh | Satisfied | |
| 27 Mar 2023 | 100705631 | Others | ₹12.68 Lakh | Satisfied |
To see the full charge records of Maruti Hydraulics Limited, buy the company report.
Total charge records: 12 View all charges
Legal cases
Maruti Hydraulics Limited has 5 court cases on record: 1 filed by Maruti Hydraulics, 4 filed against it. 2 cases are pending and 3 are disposed.
Total cases
5
Filed by the company
1
Filed against the company
4
Pending
2
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 4 | 2 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed against the company by M/S. S A Infra Through Sandeep Popatlal Patel | Pending |
| District court, Indore, Madhya Pradesh | Court case (UN CIV) | Filed against the company by M/S Deccan Sales and Services Through Prashant | Pending |
| District court, Maharashtra Industrial and Lab, Maharashtra | Interim or miscellaneous application | Filed against the company by an individual | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Interim or miscellaneous application | Filed against the company by an individual | Disposed |
| District court, Nashik, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Maruti Hydraulics 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
Maruti Hydraulics Limited has 3 MSME Form 1 returns on record between 2019 and 2023, listing 695 overdue payments to 91 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 91)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Pinnacle Industries | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Maruti Hydraulics Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Maruti Hydraulics has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCM2163J1ZG | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Maruti Hydraulics Limited, buy the company report.
Recent activity
Maruti Hydraulics Limited has 9 board changes on record since 2012: 5 appointments and 4 cessations. The latest: Rajshree Swadhin Padia was appointed as Director on 15 May 2025.
AGM
Maruti Hydraulics Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Appointed
Rajshree Swadhin Padia was appointed as Director.
Appointed
Sushant Deepak Patel was appointed as Director.
Filing
Maruti Hydraulics Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Others amounted to Rs. 0.39 Cr with Charge ID 101062788 was registered on 03 Mar 2025.
Charges
A charge registered on 15 Feb 2024 via Charge ID 100883516 with Others was fully satisfied on 17 Jan 2025.
Charges
A charge with Others of Rs. 4.23 Cr registered on 27 Mar 2023 with Charge ID 100705654 was modified on 16 Oct 2024.
Charges
A charge with Others of Rs. 0.42 Cr registered on 10 Jul 2023 with Charge ID 100743368 was modified on 26 Aug 2024.
Appointed
Praveen Kumar Joshi was appointed as Director.
Ceased
Rhishikesh Shivaji Chopade ceased to be Director.
Charges
A charge registered on 27 Mar 2023 via Charge ID 100705631 with Others was fully satisfied on 21 Mar 2024.
Charges
A charge registered on 27 Mar 2023 via Charge ID 100705639 with Others was fully satisfied on 21 Mar 2024.
25 earlier events are in the company report.
Frequently asked questions
Maruti Hydraulics is an active public limited company based in Nashik, Maharashtra, India. The company works in construction machinery and equipment, within the machinery and equipment industry. It was incorporated on 31 July 1990 (36+ years old) and is registered under CIN U29120MH1990PLC057522.
Maruti Hydraulics has 5 current directors:
- Rhishikesh Shivaji Chopade - Managing Director
- Praveen Kumar Joshi - Director
- Shruti Joshi - Director
- Sushant Deepak Patel - Director
- Rajshree Swadhin Padia - Director
The latest financial statements of Maruti Hydraulics 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 Maruti Hydraulics is 27AADCM2163J1ZG, registered in Maharashtra.
The CIN (Corporate Identification Number) of Maruti Hydraulics is U29120MH1990PLC057522. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maruti Hydraulics has 5 court cases on record: 1 filed by the company and 4 filed against it. 2 are pending.
Maruti Hydraulics was incorporated on 31 July 1990, making it 36+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Maruti Hydraulics by revenue are P Cube Equipments Private Limited, Edicon Pneumatic Tool Company Private Limited, Sona Construction Technologies Private Limited, Elsa Concreting Machinery India Private Limited, Akona Engineering Private Limited, all in the Machinery and Equipment industry (Construction Equipment), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Rajshree Swadhin Padia was appointed as Director on 15 May 2025. Sushant Deepak Patel was appointed as Director on 15 May 2025. Praveen Kumar Joshi was appointed as Director on 15 Jul 2024. Maruti Hydraulics has 9 board changes on record in total.
Yes, Maruti Hydraulics is registered as a small enterprise under Udyam registration (number: UDYAM-MH-23-0016894).
Maruti Hydraulics has 3 MSME Form 1 returns on record between 2019 and 2023, listing 695 overdue payments to 91 micro and small suppliers. The latest return was filed on 27 Aug 2023.
Maruti Hydraulics can be reached through the website marutihydraulics.com. Its registered office is in Nashik, Maharashtra, India.