About Matawala Mercantile Private Limited
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Matawala Mercantile Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the paint and coatings segment of the manufacturing sector. It was incorporated on 20 July 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51496MH2001PTC132814. Its GSTIN is 27AADCM2357E1ZN (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Huzaifa Hatimbhai Matawala and Fatema Hatim Matawala.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 202/1614 Motilal Nagar Goregaon (West), Mumbai, Maharashtra, India – 400104.
As per the financials filed for FY 2022, the company reported a revenue of ₹22.95 Lakh, a decline of 27% compared to the previous year. For the same year it recorded a net loss of ₹19,176 (net margin -0.8%) and EBITDA of -₹19,176 (EBITDA margin -0.8%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 1% over five years.
The company is associated with 1 brand: Matawala Paints. As per MCA filings, the company has satisfied charges of ₹2 Lakh on record. Court records list 3 cases involving the company, including 3 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website matawala.com.
Company details
Contact details
Matawala Mercantile Private Limited's registered office is in Mumbai, Maharashtra. Its website is matawala.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address202/1614 Motilal Nagar Goregaon (West), Mumbai, Maharashtra, India – 400104
- IndustryManufacturing, Paint & Coatings
To see the full contact details of Matawala Mercantile Private Limited, buy the company report.
- 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
Brands
Matawala Mercantile operates one associated brand: Matawala Paints. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Paint manufacturing, recycling, and services in India and globally. | matawala.com |
Business activity
The main business activity of Matawala Mercantile is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Matawala Mercantile Private Limited, buy the company report.
Financials of Matawala Mercantile Private Limited
FY 2022 filings availableMatawala Mercantile Private Limited reported revenue of ₹22.95 Lakh (down 27% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue fell 27% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA rose 83% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | -₹19,176 | ||||
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| Net Profit (PAT) | -₹19,176 | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Profitability | |||||
| EBITDA Margin | -0.8% | ||||
| Net Profit Margin | -0.8% | ||||
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To see the full financial statements and ratios of Matawala Mercantile Private Limited, buy the company report.
Board of directors of Matawala Mercantile Private Limited
Matawala Mercantile has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Huzaifa Hatimbhai Matawala | Director | 01 Apr 2003 | 23 Years 7 Months | Current |
| Fatema Hatim Matawala | Director | 01 Apr 2003 | 23 Years 7 Months | Current |
Peer comparison
Matawala Mercantile Private Limited is compared with the 4 companies closest to it by revenue in the Manufacturing industry (Paints), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nikit Chem Retails Private Limited | ₹24.32 Lakh (FY 2024) | 131.0% | Ludhiana, Punjab, India | |||
| SPS Coatings Private Limited | ₹23.1 Lakh (FY 2024) | -21.0% | Thane, Maharashtra, India | |||
| Matawala Mercantile Private Limitedthis company | ₹22.95 Lakh (FY 2022) | -₹19,176 | -0.8% | -27.0% | Mumbai, Maharashtra, India | |
| Asterix Pigments and Paints Private Limited | ₹22.13 Lakh (FY 2024) | Mumbai, Maharashtra, India | ||||
| Cementolime Sustainable Coatings Private Limited | ₹21.86 Lakh (FY 2025) | Ratan Lal Nagar, Uttar Pradesh, India |
To see the full peer comparison of Matawala Mercantile Private Limited, buy the company report.
Auditor
Matawala Mercantile Private Limited is audited by S.M. Bhat & Associates for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.M. Bhat & Associates | FY 2019 | 131347W |
Shareholding
The shareholding of Matawala Mercantile Private Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Matawala Mercantile Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Jun 2003 | 90146490 | Canara Bank | ₹2 Lakh | Satisfied |
To see the full charge records of Matawala Mercantile Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Matawala Mercantile Private Limited has 3 court cases on record: 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Nashik, Maharashtra | Civil suit | Filed against the company by Matawala Marcantile Pvt.Ltd. | Disposed |
| District court, Thane, Maharashtra | Court case (Sum.Civ.Suit) | Filed against the company by an individual | Disposed |
| District court, Aurangabad, Maharashtra | Civil suit | Filed against the company by State of Maharashtra | Disposed |
To see the full case history of Matawala Mercantile 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 Matawala Mercantile Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Matawala Mercantile has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCM2357E1ZN | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Matawala Mercantile Private Limited, buy the company report.
Recent activity
Matawala Mercantile Private Limited has 5 board changes on record since 2003: 2 appointments and 3 cessations. The latest: Hatim Taherali Matawala ceased to be Director on 31 Mar 2021.
Frequently asked questions
Matawala Mercantile is an active private limited company based in Mumbai, Maharashtra, India. The company works in paint and coatings, within the manufacturing industry. It was incorporated on 20 July 2001 (25+ years old) and is registered under CIN U51496MH2001PTC132814.
Matawala Mercantile has 2 current directors:
- Huzaifa Hatimbhai Matawala - Director
- Fatema Hatim Matawala - Director
The latest financial statements of Matawala Mercantile on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Matawala Mercantile is 27AADCM2357E1ZN, registered in Maharashtra.
The CIN (Corporate Identification Number) of Matawala Mercantile is U51496MH2001PTC132814. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Matawala Mercantile has 3 court cases on record: 3 filed against it.
Matawala Mercantile was incorporated on 20 July 2001, making it 25+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Matawala Mercantile by revenue are Nikit Chem Retails Private Limited, SPS Coatings Private Limited, Asterix Pigments and Paints Private Limited, Cementolime Sustainable Coatings Private Limited, all in the Manufacturing industry (Paints), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Hatim Taherali Matawala ceased to be Director on 31 Mar 2021. Fatema Hatim Matawala ceased to be Additional Director on 30 Sep 2003. Huzaifa Hatimbhai Matawala ceased to be Additional Director on 30 Sep 2003. Matawala Mercantile has 5 board changes on record in total.
Matawala Mercantile can be reached through the website matawala.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Matawala Mercantile is at 2021614 Motilal Nagar Goregaon West, Mumbai, Maharashtra, India – 400104.
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