MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2022-23)
- Udyam number
- UDYAM-GJ-09-0015093
Maruti Piston Pvt.Ltd. - business services in Gandhinagar, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2020
₹12.14 Lakh
▲ 23% YoY
Net loss · FY 2020
₹6.99 Lakh
Net margin -57.6%
EBITDA · FY 2020
-₹1.28 Lakh
EBITDA margin -10.6%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹4.65 Lakh
Issued & subscribed
Open charges
₹30 Lakh
Satisfied ₹15 Lakh
Company age
35 yrs
Est. 1991
Employees · EPFO
5
Provident fund records
About Maruti Piston Pvt.Ltd.
Data last updated:
Maruti Piston Pvt.Ltd. is a private limited company based in Gandhinagar, Gujarat, India. It operates in the diversified business activities segment of the business services sector. It was incorporated on 01 April 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74999GJ1991PTC015320. Its GSTIN is 24AABCM0401D3ZE (Gujarat). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹4.65 Lakh. It is led by directors Apoorv Sumanchandra Panchal and Prashantbhai Sumanchandra Panchal.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at 25/3 GIDC Estate Highway Road(N Gujatart) Kalol, Gandhinagar, Gujarat, India – 382725.
As per the financials filed for FY 2020, the company reported a revenue of ₹12.14 Lakh, a growth of 23% compared to the previous year. For the same year it recorded a net loss of ₹6.99 Lakh (net margin -57.6%) and EBITDA of -₹1.28 Lakh (EBITDA margin -10.6%). Revenue has declined at a compounded annual rate (CAGR) of 35% over three years and 19% over five years.
The company has about 5 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹30 Lakh and satisfied charges of ₹15 Lakh on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it.
Maruti Piston Pvt.Ltd. is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-09-0015093). The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website marutipiston.com.
Company details
CIN U74999GJ1991PTC015320
Registration Number 015320
Incorporation Date 01 April 1991
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 December 2020
Date of Balance Sheet 31 March 2020
Compliance Status Active Non-Compliant
MSME Classification Micro
Udyam Registration UDYAM-GJ-09-0015093
Recognitions & Rankings of Maruti Piston
Contact details
Maruti Piston Pvt.Ltd.'s registered office is in Gandhinagar, Gujarat. Its website is marutipiston.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address25/3 GIDC Estate Highway Road(N Gujatart) Kalol, Gandhinagar, Gujarat, India – 382725
- IndustryBusiness Services, Miscellaneous Business Activities, Other Services
To see the full contact details of Maruti Piston Pvt.Ltd., buy the company report.
Comprehensive company report
Maruti Piston Pvt.Ltd. - 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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Business activity
The main business activity of Maruti Piston is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Maruti Piston Pvt.Ltd., buy the company report.
Financials of Maruti Piston Pvt.Ltd.
FY 2020 filings availableMaruti Piston Pvt.Ltd. reported revenue of ₹12.14 Lakh (up 23% YoY) for FY 2020.
Revenue · FY 2020
₹12.14 Lakh ▲ 23%
Net loss · FY 2020
₹6.99 Lakh margin -57.6%
EBITDA · FY 2020
-₹1.28 Lakh margin -10.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 23%
3 years · compounded
▼ 35%
5 years · compounded
▼ 19%
EBITDA CAGR growth
3 years · compounded
▼ 46%
5 years · compounded
▼ 23%
Revenue rose 23% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 19%. 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹12.14 Lakh | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹1.28 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹6.99 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -10.6% | ||||
| Net Profit Margin | -57.6% | ||||
| 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 Maruti Piston Pvt.Ltd., buy the company report.
Board of directors of Maruti Piston Pvt.Ltd.
Maruti Piston has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Apoorv Sumanchandra Panchal | Director | 10 Apr 2007 | 19 Years 6 Months | Current |
| Prashantbhai Sumanchandra Panchal | Director | 01 Apr 1991 | 35 Years 6 Months | Current |
Peer comparison
Maruti Piston Pvt.Ltd. is compared with the 10 companies closest to it by revenue in the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Paras Ceramics Private Limited | ₹12.24 Lakh (FY 2025) | 28.0% | Uttar Pradesh, India | |||
| Prakash Heavy Metals Industries Private Limited | ₹12.21 Lakh (FY 2018) | Gagret, Himachal Pradesh, India | ||||
| Inquatech Infra Products and Services Private Limited | ₹12.2 Lakh (FY 2020) | 16.0% | Hyderabad, Telangana, India | |||
| Acron Automation Engineers Private Limited | ₹12.15 Lakh (FY 2020) | -38.0% | Pune, Maharashtra, India | |||
| Mahendra Carbides Private Limited | ₹12.15 Lakh (FY 2019) | 111.0% | Bhiwadi, Rajasthan, India | |||
| Maruti Piston Pvt.Ltd.this company | ₹12.14 Lakh (FY 2020) | -₹6.99 Lakh | -57.6% | 23.0% | Gandhinagar, Gujarat, India | |
| Mineral Drop International Private Limited | ₹12.12 Lakh (FY 2023) | -63.0% | Nagpur, Maharashtra, India | |||
| Artex Bricks Private Limited | ₹12.06 Lakh (FY 2023) | Hyderabad, Telangana, India | ||||
| Eternal Products Private Limited | ₹12.03 Lakh (FY 2025) | -1.0% | Manesar, Haryana, India | |||
| Shivalik Treads Private Limited | ₹12.03 Lakh (FY 2025) | 12.0% | Jammu, Jammu and Kashmir, India | |||
| Design Mix Concretes Private Limited | ₹12.02 Lakh (FY 2024) | -38.0% | Coimbatore, Tamil Nadu, India |
To see the full peer comparison of Maruti Piston Pvt.Ltd., buy the company report.
Charges & borrowings
Open charges
₹30 Lakh
Satisfied charges
₹15 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Mar 2016 | 100043836 | Others | ₹20 Lakh | Open | |
| 20 Nov 1994 | 90109206 | State Bank of India | ₹3 Lakh | Open | |
| 01 Oct 1994 | 80066608 | State Bank of India | ₹7 Lakh | Open | |
| 20 Nov 1992 | 80066607 | State Bank of India | ₹12 Lakh | Satisfied | |
| 20 Nov 1992 | 90108946 | State Bank of India | ₹3 Lakh | Satisfied |
To see the full charge records of Maruti Piston Pvt.Ltd., buy the company report.
Total charge records: 5 View all charges
Legal cases
Maruti Piston Pvt.Ltd. has 3 court cases on record: 2 filed by Maruti Piston, 1 filed against it. All cases are disposed.
Total cases
3
Filed by the company
2
Filed against the company
1
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by M/S Capri Global Capital Ltd. | Disposed |
| High Court, GUJARAT | Special civil application | Filed by the company against an individual | Disposed |
| District court, GANDHINAGAR, Gujarat | Interim or miscellaneous application | Filed by the company against an individual | Disposed |
To see the full case history of Maruti Piston Pvt.Ltd., 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 Maruti Piston Pvt.Ltd.; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Maruti Piston has 3 GST registrations: 1 active and 2 cancelled or inactive.
Total GSTINs
3
Active
1
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCM0401D3ZE | Gujarat | Active | 08 Jul 2022 |
To see the full GST registrations and return filing status of Maruti Piston Pvt.Ltd., buy the company report.
Recent activity
Maruti Piston Pvt.Ltd. has 2 board changes on record since 1991: 2 appointments. The latest: Apoorv Sumanchandra Panchal was appointed as Director on 10 Apr 2007.
AGM
Maruti Piston Pvt.Ltd. last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records.
Filing
Maruti Piston Pvt.Ltd. has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Ahmedabad.
Charges
A charge registered on 20 Nov 1992 via Charge ID 80066607 with State Bank Of India was fully satisfied on 08 Apr 2016.
Charges
A charge registered on 20 Nov 1992 via Charge ID 90108946 with State Bank Of India was fully satisfied on 08 Apr 2016.
Charges
A charge with Others amounted to Rs. 20.00 Lakh with Charge ID 100043836 was registered on 14 Mar 2016.
Appointed
Apoorv Sumanchandra Panchal was appointed as Director.
Charges
A charge with State Bank Of India of Rs. 12.00 Lakh registered on 20 Nov 1992 with Charge ID 80066607 was modified on 11 May 1999.
Charges
A charge with State Bank Of India of Rs. 3.00 Lakh registered on 20 Nov 1992 with Charge ID 90108946 was modified on 11 May 1999.
Charges
A charge with State Bank Of India amounted to Rs. 3.00 Lakh with Charge ID 90109206 was registered on 20 Nov 1994.
Charges
A charge with State Bank Of India amounted to Rs. 7.00 Lakh with Charge ID 80066608 was registered on 01 Oct 1994.
Charges
A charge with State Bank Of India of Rs. 3.00 Lakh registered on 20 Nov 1994 with Charge ID 90109206 was modified on 16 Aug 1994.
Charges
A charge with State Bank Of India amounted to Rs. 12.00 Lakh with Charge ID 80066607 was registered on 20 Nov 1992.
3 earlier events are in the company report.
Frequently asked questions
Maruti Piston is an active private limited company based in Gandhinagar, Gujarat, India. The company works in miscellaneous business activities, within the business services industry. It was incorporated on 01 April 1991 (35+ years old) and is registered under CIN U74999GJ1991PTC015320.
Maruti Piston has 2 current directors:
- Apoorv Sumanchandra Panchal - Director
- Prashantbhai Sumanchandra Panchal - Director
The latest financial statements of Maruti Piston on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Maruti Piston is 24AABCM0401D3ZE, registered in Gujarat. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Maruti Piston is U74999GJ1991PTC015320. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maruti Piston has 3 court cases on record: 2 filed by the company and 1 filed against it. Most are in the district courts.
Maruti Piston was incorporated on 01 April 1991, making it 35+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Maruti Piston by revenue are Paras Ceramics Private Limited, Prakash Heavy Metals Industries Private Limited, Inquatech Infra Products and Services Private Limited, Acron Automation Engineers Private Limited, Mahendra Carbides Private Limited and 5 more, all in the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities).
Apoorv Sumanchandra Panchal was appointed as Director on 10 Apr 2007. Prashantbhai Sumanchandra Panchal was appointed as Director on 01 Apr 1991.
Yes, Maruti Piston is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-09-0015093).
Maruti Piston can be reached through the website marutipiston.com. Its registered office is in Gandhinagar, Gujarat, India.