Marval Engineering Private Limited

Marval Engineering Private Limited - machinery and equipment in Surat, Gujarat, India. FY 2026 financials & compliance.
CIN U29259GJ1989PTC012693 Incorporated 30 August 1989 ROC Ahmedabad HQ Surat, Gujarat, India
Active Private Limited Company machinery and equipment MSME · Small
Data last updated
Revenue · FY 2025
₹20.06 Cr
▼ 26% YoY
Net profit · FY 2025
₹38.28 Lakh
Net margin 1.9%
EBITDA · FY 2025
₹2.22 Cr
EBITDA margin 11.1%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹3 Cr
Issued & subscribed
Open charges
₹5.73 Cr
Satisfied ₹13.2 Cr
Company age
37 yrs
Est. 1989
Employees · EPFO
16
Provident fund records

About Marval Engineering Private Limited

Data last updated:

Marval Engineering Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 30 August 1989 and has been in existence for over 37 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29259GJ1989PTC012693. Its GSTIN is 24AABCR1308Q1ZC (Gujarat).

The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹3 Cr. It was formerly known as Raghuvir Engineering Private Limited. It is led by directors including Amit Chhganbhai Thumar and Chintan Vallabhbhai Thumar.

Its last annual general meeting (AGM) was held on 30 October 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No 606/B G I D C Sachindist Surat, Gujarat, India – 395002.

As per the financials filed for FY 2025, the company reported a revenue of ₹20.06 Cr, a decline of 26% compared to the previous year. For the same year it recorded a net profit of ₹38.28 Lakh (net margin 1.9%) and EBITDA of ₹2.22 Cr (EBITDA margin 11.1%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years and 8% over five years.

The company has about 16 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹5.73 Cr and satisfied charges of ₹13.2 Cr on record. Court records list 1 case involving the company, including 1 filed against it.

Marval Engineering Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0090734). The current compliance status is marked as compliant by the Registrar of Companies.

Company Details of Marval Engineering Private Limited
CIN U29259GJ1989PTC012693
Registration Number 012693
Incorporation Date 30 August 1989
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 October 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-22-0090734
Key People
Amit Chhganbhai Thumar Director Chintan Vallabhbhai Thumar Director Pratik Dhirajlal Thumar Director

Recognitions & Rankings of Marval Engineering

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-GJ-22-0090734
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    Plot No 606/B G I D C Sachindist Surat, Gujarat, India – 395002
  • Industry
    Machinery and Equipment, Process Machinery & Industrial Equipment
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Financials, compliance, directors, charges, ownership and filings for Marval Engineering Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Marval Engineering Private Limited

The main business activity of Marval Engineering is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
CManufacturingC10Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipmentLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

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Financials of Marval Engineering Private Limited FY 2025 filings available

Marval Engineering Private Limited reported revenue of ₹20.06 Cr (down 26% YoY) for FY 2025.

Revenue · FY 2025
₹20.06 Cr ▼ 26%
Net profit · FY 2025
₹38.28 Lakh margin 1.9%
EBITDA · FY 2025
₹2.22 Cr margin 11.1%

Compounded Annual Growth Rate (CAGR) of Marval Engineering Private Limited

Revenue CAGR growth
1 year
▼ 26%
3 years · compounded
▼ 12%
5 years · compounded
▼ 8%
EBITDA CAGR growth
1 year
▲ 3%
3 years · compounded
▲ 5%
5 years · compounded
▲ 7%

Revenue has declined at a compounded annual rate (CAGR) of 8% over five years, including a 26% fall in the latest year. EBITDA rose 3% 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 of Marval Engineering Private Limited

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹2.22 Cr••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹38.28 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 of Marval Engineering Private Limited

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin11.1%••••••••••••••••
Net Profit Margin1.9%••••••••••••••••
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••••••••••••••••••••

Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Marval Engineering are in the company report.

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Financial statements from 2015

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Board of Directors of Marval Engineering Private Limited

Marval Engineering has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Amit Chhganbhai Thumar
Also directs: Weavetech Engineers Limited, Alidhra Weave Tech Private Limited, Scragg Asia Private Limited and 2 more
Director05 Jun 20233 Years 4 MonthsCurrent
Chintan Vallabhbhai Thumar
Also directs: Fine Filaments Private Limited, Zoom Fabrics Private Limited, TMM Hi-Tech Research & Development Foundation and 5 more
Director03 Nov 200421 Years 11 MonthsCurrent
Pratik Dhirajlal Thumar
Also directs: Icon Chem Private Limited, Weavetech Engineers Limited
Director22 Mar 20233 Years 6 MonthsCurrent
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Peer Comparison of Marval Engineering Private Limited

Marval Engineering Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Process Machinery). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Cam Duct India Private Limited₹20.21 Cr (FY 2025)••••••••46.0%••••Jp Nagar, Bangalore, Karnataka, India
Mindpower Finsource Services Private Limited₹20.16 Cr (FY 2025)••••••••5.0%••••Ahmedabad, Gujarat, India
Boys & Machines Private Limited₹20.11 Cr (FY 2023)••••••••39.0%••••Delhi, India
Agarwal Trafin Private Limited₹20.11 Cr (FY 2024)••••••••-20.0%••••Kolkata, West Bengal, India
Sunstone Engineering Industries Pvt Ltd₹20.1 Cr (FY 2024)••••••••12.0%••••Jaipur, Rajasthan, India
Marval Engineering Private Limited this company₹20.06 Cr (FY 2025)••••••••-26.0%••••Surat, Gujarat, India
Adwyn Chemicals Private Limited₹19.95 Cr (FY 2025)••••••••19.0%••••New Delhi, Delhi, India
Marshall Fowler Engineers India Private Limited₹19.94 Cr (FY 2025)••••••••-36.0%••••Coimbatore, Tamil Nadu, India
Unicross Global Private Limited₹19.93 Cr (FY 2024)••••••••44.0%••••Ludhiana, Punjab, India
Hamsa Equipment & Systems Private Limited₹19.84 Cr (FY 2023)••••••••-24.0%••••Thiruvallur, Tamil Nadu, India
Indo Therm Engineers Private Limited₹19.71 Cr (FY 2024)••••••••12.0%••••Thane, Maharashtra, India

Peers are the five companies nearest above and the five nearest below Marval Engineering by revenue in the Machinery and Equipment industry (Process Machinery), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Auditor Details of Marval Engineering Private Limited

Marval Engineering Private Limited is audited by MITESH BHAGAT & ASSOCIATES for the financial year 2022.

NameStatusAppointment DateCessation Date
MITESH BHAGAT & ASSOCIATESLockedLockedLocked
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Ownership and Shareholding of Marval Engineering Private Limited

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Charges & Borrowings of Marval Engineering Private Limited

Open charges
₹5.73 Cr
Satisfied charges
₹13.2 Cr
Breakdown by lending institutions
Others₹5.73 Cr
Latest charge details
DateLenderAmountStatus
01 Sep 2023Others₹5.73 CrOpen
21 Jun 2021Others₹2.72 CrSatisfied
14 Mar 2016Others₹1.6 CrSatisfied
02 Aug 2011The Kalupur Commercial Co-Op Bank Ltd.₹1.68 CrSatisfied
02 Aug 2011The Kalupur Commercial Co-Op Bank Ltd.₹1 CrSatisfied

Total charge records: 10 View all charges

MSME Payment Delays by Marval Engineering Private Limited

Marval Engineering Private Limited has 6 MSME Form 1 returns on record between 2018 and 2021, listing 31 overdue payments to 18 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 18)

SupplierAmount dueDue sinceReported on
an individual supplier••••••••••••
Sunshine Metals••••••••••••
an individual supplier••••••••••••
an individual supplier••••••••••••
Max Spare Limited••••••••••••
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Full MSME payment history

Every supplier, amount and due date from all 6 MSME Form 1 returns is in the company report.

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Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.

Employees and EPFO Compliance at Marval Engineering Private Limited

Marval Engineering Private Limited has a workforce of 16 employees as of Apr 06, 2024.

Employee count
16
Active EPFO establishments
1
Employee growth
-67.35%
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Marval Engineering Private Limited

Marval Engineering Private Limited has 6 board changes on record since 2004: 3 appointments and 3 cessations. The latest: Pratik Dhirajlal Thumar ceased to be Additional Director on 29 Sep 2023.

AGM
Marval Engineering Private Limited last Annual general meeting of members was held on 30 Oct 2025 as per latest MCA records.
Filing
Marval Engineering Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others of Rs. 5.73 Cr registered on 01 Sep 2023 with Charge ID 100786708 was modified on 22 Apr 2024.
Charges
A charge registered on 02 Aug 2011 via Charge ID 10343385 with The Kalupur Commercial Co-Op Bank Ltd. was fully satisfied on 12 Feb 2024.
Charges
A charge registered on 21 Jun 2021 via Charge ID 100466078 with Others was fully satisfied on 09 Feb 2024.
Charges
A charge registered on 02 Aug 2011 via Charge ID 10340424 with The Kalupur Commercial Co-Op Bank Ltd. was fully satisfied on 09 Feb 2024.
Charges
A charge registered on 29 Apr 2011 via Charge ID 10286570 with The Kalupur Commercial Co-Op Bank Ltd. was fully satisfied on 09 Feb 2024.
Ceased
Pratik Dhirajlal Thumar ceased to be Additional Director.
Charges
A charge with Others amounted to Rs. 5.73 Cr with Charge ID 100786708 was registered on 01 Sep 2023.
Appointed
Amit Chhganbhai Thumar was appointed as Director.
Ceased
Vallabbhai Shamjibhai Thumar ceased to be Director.
Ceased
Amit Chhganbhai Thumar ceased to be Additional Director.

18 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Marval Engineering Private Limited

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Subsidiaries & Group Companies of Marval Engineering Private Limited

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Corporate group structure

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GST Compliance of Marval Engineering Private Limited

Marval Engineering has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AABCR1308Q1ZCGujaratActive01 Jul 2017
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State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of Marval Engineering Private Limited

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MCA filings and documents

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Frequently Asked Questions about Marval Engineering Private Limited

Marval Engineering is an active private limited company based in Surat, Gujarat, India. The company works in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 30 August 1989 (37+ years old) and is registered under CIN U29259GJ1989PTC012693.

Marval Engineering reported revenue of ₹20.06 Cr for FY 2025 (down 26% YoY).

Marval Engineering has 3 current directors:

Marval Engineering reported a net profit of ₹38.28 Lakh (net margin 1.9%) and EBITDA of ₹2.22 Cr (EBITDA margin 11.1%) for FY 2025, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Marval Engineering is -12% over three years and -8% over five years. In the latest year (FY 2025) revenue fell 26%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Marval Engineering is 24AABCR1308Q1ZC, registered in Gujarat.

The CIN (Corporate Identification Number) of Marval Engineering is U29259GJ1989PTC012693. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Marval Engineering has 1 court case on record: 1 filed against it.

Marval Engineering was incorporated on 30 August 1989, making it 37+ years old. It is registered with the Registrar of Companies, Ahmedabad.

The peers of Marval Engineering by revenue are Cam Duct India Private Limited, Mindpower Finsource Services Private Limited, Boys & Machines Private Limited, Agarwal Trafin Private Limited, Sunstone Engineering Industries Pvt Ltd and 5 more, all in the Machinery and Equipment industry (Process Machinery).

Pratik Dhirajlal Thumar ceased to be Additional Director on 29 Sep 2023. Amit Chhganbhai Thumar was appointed as Director on 05 Jun 2023. Vallabbhai Shamjibhai Thumar ceased to be Director on 23 Apr 2023. Marval Engineering has 6 board changes on record in total.

Yes, Marval Engineering is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-22-0090734).

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