MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-32-0003309
Maruti Ropes India Private Limited - manufacturing in Barshi, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹85.15 Cr
▲ 13% YoY
Net profit · FY 2025
₹1.99 Cr
Net margin 2.3%
EBITDA · FY 2025
₹12.35 Cr
EBITDA margin 14.5%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹4.58 Cr
Issued & subscribed
Open charges
₹94.29 Cr
Secured borrowings
Company age
10 yrs
Est. 2016
Employees · EPFO
99
Provident fund records
About Maruti Ropes India Private Limited
Data last updated:
Maruti Ropes India Private Limited is a private limited company based in Barshi, Maharashtra, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 01 July 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U25199PN2016PTC165318. Its GSTIN is 27AAKCM4303M1Z9 (Maharashtra).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.58 Cr. It is led by directors including Shyamsunder Bansilal Chandak (Director Appointed In Casual Vacancy) and Rahul Shyamsunder Chandak.
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 3870 Bhavani Peth Barshi, Maharashtra, India – 413401.
As per the financials filed for FY 2025, the company reported a revenue of ₹85.15 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹1.99 Cr (net margin 2.3%) and EBITDA of ₹12.35 Cr (EBITDA margin 14.5%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years.
The company has about 99 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹94.29 Cr on record. The company has 5 deals on record (3 secondary share transfers, 2 rights issues); the latest was in March 2024. Its 5 peer companies in the Manufacturing industry (Plastic Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products) are compared by revenue, 3 larger and 2 smaller; the largest is Jairaj Ancillaries Private Limited with revenue of ₹87.53 Cr. The company has 3 MSME Form 1 returns on record between 2021 and 2022, listing 3 overdue payments to 1 micro and small supplier.
Maruti Ropes India Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-32-0003309). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website marutiropes.com.
Company details
CIN U25199PN2016PTC165318
Registration Number 165318
Incorporation Date 01 July 2016
ROC Pune
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 Medium
Udyam Registration UDYAM-MH-32-0003309
Key People
Shyamsunder Bansilal Chandak Director Appointed In Casual Vacancy Rahul Shyamsunder Chandak Director Madhusudan Bansilal Chandak Director Recognitions & Rankings of Maruti Ropes India
Contact details
Maruti Ropes India Private Limited's registered office is in Barshi, Maharashtra. Its website is marutiropes.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address3870 Bhavani Peth Barshi, Maharashtra, India – 413401
- IndustryManufacturing, Plastic-Based Products
To see the full contact details of Maruti Ropes India Private Limited, buy the company report.
Comprehensive company report
Maruti Ropes India 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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Business activity
The main business activity of Maruti Ropes India is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Maruti Ropes India Private Limited, buy the company report.
Financials of Maruti Ropes India Private Limited
FY 2025 filings availableMaruti Ropes India Private Limited reported revenue of ₹85.15 Cr (up 13% YoY) for FY 2025.
Revenue · FY 2025
₹85.15 Cr ▲ 13%
Net profit · FY 2025
₹1.99 Cr margin 2.3%
EBITDA · FY 2025
₹12.35 Cr margin 14.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 13%
3 years · compounded
▲ 23%
EBITDA CAGR growth
1 year
▲ 4%
3 years · compounded
▲ 38%
Revenue has grown at a compounded annual rate (CAGR) of 23% over three years, including 13% growth in the latest year. EBITDA rose 4% 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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| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹12.35 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.99 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.5% | ||||
| Net Profit Margin | 2.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Ropes India Private Limited, buy the company report.
Board of directors of Maruti Ropes India Private Limited
Maruti Ropes India has 5 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shyamsunder Bansilal Chandak | Director Appointed In Casual Vacancy | 30 Mar 2019 | 7 Years 7 Months | Current |
| Rahul Shyamsunder Chandak | Director | 30 Mar 2019 | 7 Years 7 Months | Current |
| Madhusudan Bansilal Chandak | Director | 30 Mar 2019 | 7 Years 7 Months | Current |
| Navalkishor Bansilal Chandak | Director | 01 Jul 2016 | 10 Years 4 Months | Current |
| Shreyas Madhusudan Chandak | Director | 01 Jul 2016 | 10 Years 4 Months | Current |
Peer comparison
Maruti Ropes India Private Limited is compared with the 5 companies closest to it by revenue in the Manufacturing industry (Plastic Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jairaj Ancillaries Private Limited | ₹87.53 Cr (FY 2025) | 11.0% | New Delhi, Delhi, India | |||
| Shakti Containers Private Limited | ₹86.21 Cr (FY 2025) | -4.0% | Chennai, Tamil Nadu, India | |||
| Maa Pet Private Limited | ₹86.15 Cr (FY 2024) | 10.0% | Kanpur, Uttar Pradesh, India | |||
| Maruti Ropes India Private Limitedthis company | ₹85.15 Cr (FY 2025) | ₹1.99 Cr | 2.3% | 13.0% | 99 | Barshi, Maharashtra, India |
| Ravago Manufacturing India Private Limited | ₹84.92 Cr (FY 2025) | 17.0% | Vadodara, Gujarat, India | |||
| Atc Precision Components Private Limited | ₹83.45 Cr (FY 2025) | -9.0% | New Delhi, Delhi, India |
To see the full peer comparison of Maruti Ropes India Private Limited, buy the company report.
Auditor
Maruti Ropes India Private Limited is audited by RHUSHIKESH KULKARNI & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RHUSHIKESH KULKARNI & ASSOCIATES | FY 2023 | 154320 |
Shareholding
The shareholding of Maruti Ropes India 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Maruti Ropes India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹94.29 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Dec 2019 | 100316286 | Hdfc Bank Limited | ₹56.92 Cr | Open | |
| 15 Nov 2019 | 100304147 | Hdfc Bank Limited | ₹37.36 Cr | Open |
To see the full charge records of Maruti Ropes India Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Maruti Ropes India Private Limited has 5 deals on record (3 secondary share transfers, 2 rights issues); the latest was in March 2024.
Total deals
5
Secondary share transfers
3
Rights issues
2
Deals on record (4 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 2 individuals |
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: Shreyas Madhusudan Chandak HUF, 3 individuals Seller: Shyamsunder B Chandak HUF, 3 individuals |
| Sep 2020 | Rights issue | ₹3.97 Cr | Investors: Shyamsunder B Chandak HUF, 3 individuals |
| Sep 2018 | Rights issue | ₹60 Lakh | Investors: Shyamsunder B Chandak HUF, 3 individuals |
To see the full deal history of Maruti Ropes India Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Maruti Ropes India 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
Maruti Ropes India Private Limited has 3 MSME Form 1 returns on record between 2021 and 2022, listing 3 overdue payments to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Glasso Pack Private Limited |
To see the full MSME payment records of Maruti Ropes India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Maruti Ropes India Private Limited has a workforce of 99 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
99
Active EPFO establishments
1
Employee growth
25.32%
GST
Maruti Ropes India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAKCM4303M1Z9 | Maharashtra | Active | 29 Aug 2018 |
To see the full GST registrations and return filing status of Maruti Ropes India Private Limited, buy the company report.
Recent activity
Maruti Ropes India Private Limited has 8 board changes on record since 2016: 5 appointments and 3 cessations. The latest: Madhusudan Bansilal Chandak ceased to be Additional Director on 30 Sep 2019.
AGM
Maruti Ropes India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited of Rs. 37.36 Cr registered on 15 Nov 2019 with Charge ID 100304147 was modified on 24 Jun 2025.
Filing
Maruti Ropes India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Charges
A charge with Hdfc Bank Limited of Rs. 56.92 Cr registered on 27 Dec 2019 with Charge ID 100316286 was modified on 21 Sep 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 56.92 Cr with Charge ID 100316286 was registered on 27 Dec 2019.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 37.36 Cr with Charge ID 100304147 was registered on 15 Nov 2019.
Ceased
Madhusudan Bansilal Chandak ceased to be Additional Director.
Ceased
Rahul Shyamsunder Chandak ceased to be Additional Director.
Ceased
Shyamsunder Bansilal Chandak ceased to be Additional Director.
Appointed
Madhusudan Bansilal Chandak was appointed as Director.
Appointed
Rahul Shyamsunder Chandak was appointed as Director.
Appointed
Shyamsunder Bansilal Chandak was appointed as Director Appointed In Casual Vacancy.
3 earlier events are in the company report.
Frequently asked questions
Maruti Ropes India is an active private limited company based in Barshi, Maharashtra, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 01 July 2016 (10+ years old) and is registered under CIN U25199PN2016PTC165318.
Maruti Ropes India has 5 current directors:
- Shyamsunder Bansilal Chandak - Director Appointed In Casual Vacancy
- Rahul Shyamsunder Chandak - Director
- Madhusudan Bansilal Chandak - Director
- Navalkishor Bansilal Chandak - Director
- Shreyas Madhusudan Chandak - Director
The latest financial statements of Maruti Ropes India 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 FY 2017 are in the company report.
The GSTIN of Maruti Ropes India is 27AAKCM4303M1Z9, registered in Maharashtra.
The CIN (Corporate Identification Number) of Maruti Ropes India is U25199PN2016PTC165318. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maruti Ropes India was incorporated on 01 July 2016, making it 10+ years old. It is registered with the Registrar of Companies, Pune.
Maruti Ropes India has 5 deals on record (3 secondary share transfers, 2 rights issues); the latest was in March 2024.
The peers of Maruti Ropes India by revenue are Jairaj Ancillaries Private Limited, Shakti Containers Private Limited, Maa Pet Private Limited, Ravago Manufacturing India Private Limited, Atc Precision Components Private Limited, all in the Manufacturing industry (Plastic Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Madhusudan Bansilal Chandak ceased to be Additional Director on 30 Sep 2019. Rahul Shyamsunder Chandak ceased to be Additional Director on 30 Sep 2019. Shyamsunder Bansilal Chandak ceased to be Additional Director on 30 Sep 2019. Maruti Ropes India has 8 board changes on record in total.
Yes, Maruti Ropes India is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-32-0003309).
Maruti Ropes India has 3 MSME Form 1 returns on record between 2021 and 2022, listing 3 overdue payments to 1 micro and small supplier. The latest return was filed on 12 Dec 2022.
Maruti Ropes India can be reached through the website marutiropes.com. Its registered office is in Barshi, Maharashtra, India.
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