About Math Bros Engineers Private Limited
Data last updated:
Math Bros Engineers Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 14 July 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U28100MH1995PTC090590. Its GSTIN is 27AAACM5954E1ZH (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5.65 Lakh. It is led by directors Raju Jacob Mathews and Rachel Mathews.
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. A – 108 Road No. 18 Wagle Industrial Estate, Thane, Maharashtra, India – 400604.
As per the financials filed for FY 2025, the company reported a revenue of ₹13.5 Cr, a decline of 24% compared to the previous year. For the same year it recorded a net profit of ₹1.57 Lakh (net margin 0.1%) and EBITDA of ₹1.34 Cr (EBITDA margin 9.9%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years and 14% over five years.
As per MCA filings, the company has open charges of ₹9.9 Cr and satisfied charges of ₹23.76 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mathbrosengineers.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressPlot No. A – 108 Road No. 18 Wagle Industrial Estate, Thane, Maharashtra, India – 400604
- IndustryMachinery and Equipment, Process Machinery & Industrial Equipment
- 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
- One PDF report, delivered after checkout
Business Activity of Math Bros Engineers Private Limited
The main business activity of Math Bros Engineers is manufacturing. In detail, this covers metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Math Bros Engineers Private Limited FY 2025 filings available
Math Bros Engineers Private Limited reported revenue of ₹13.5 Cr (down 24% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Math Bros Engineers Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 14% over five years, including a 24% fall in the latest year. EBITDA rose 1% 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 Math Bros Engineers Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | ₹1.34 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.57 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 Math Bros Engineers Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.1% | •••• | •••• | •••• | •••• |
| 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 Math Bros Engineers are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Math Bros Engineers Private Limited
Math Bros Engineers Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Lord Vishwakarma Heat Exchangers Private Limited | ₹13.57 Cr (FY 2025) | •••• | •••• | -22.0% | •••• | Haridwar, Uttarakhand, India |
| Peace Storage System Private Limited | ₹13.56 Cr (FY 2024) | •••• | •••• | -2.0% | •••• | Punjab, India |
| Encon Thermal Engineers Private Limited | ₹13.54 Cr (FY 2025) | •••• | •••• | -36.0% | •••• | New Delhi, Delhi, India |
| Gpre Furnaces India Private Limited | ₹13.53 Cr (FY 2024) | •••• | •••• | •••• | Wada, Maharashtra, India | |
| Vulture Innovation Private Limited | ₹13.51 Cr (FY 2025) | •••• | •••• | 109.0% | •••• | Gurgaon, Haryana, India |
| Math Bros Engineers Private Limited this company | ₹13.5 Cr (FY 2025) | •••• | •••• | -24.0% | •••• | Thane, Maharashtra, India |
| Whirler Centrifugals Private Limited | ₹13.48 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Ahmedabad, Gujarat, India |
| Hymark Agritech Private Limited | ₹13.44 Cr (FY 2025) | •••• | •••• | -20.0% | •••• | New Delhi, Delhi, India |
| Shree Services & Trading Co Ltd | ₹13.44 Cr (FY 2025) | •••• | •••• | 34.0% | •••• | Kolkata, West Bengal, India |
| Classic Gravure Private Limited | ₹13.44 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Delhi, India |
| Karnataka Conveyors and Systems Private Limited | ₹13.4 Cr (FY 2024) | •••• | •••• | 41.0% | •••• | Hubli, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Math Bros Engineers by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers), 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 Math Bros Engineers Private Limited
Math Bros Engineers Private Limited is audited by D DALAL & ASSOCIATES LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| D DALAL & ASSOCIATES LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Math Bros Engineers Private Limited
Math Bros Engineers has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raju Jacob Mathews Also directs: Rendition Engineers Private Limited | Director | 14 Jul 1995 | 31 Years 2 Months | Current |
| Rachel Mathews Also directs: Rendition Engineers Private Limited | Director | 14 Jul 1995 | 31 Years 2 Months | Current |
Ownership and Shareholding of Math Bros Engineers Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Math Bros Engineers Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 May 2021 | Others | ₹9.9 Cr | Open |
| 01 Aug 2024 | Others | ₹3.74 Cr | Satisfied |
| 25 May 2021 | Others | ₹1.35 Cr | Satisfied |
| 30 Jan 2021 | Others | ₹4.33 Cr | Satisfied |
| 08 Sep 2020 | Tjsb Sahakari Bank Limited | ₹68 Lakh | Satisfied |
Total charge records: 13 View all charges
Employees and EPFO Compliance at Math Bros Engineers Private Limited
Employment history and EPFO contributions of people linked to Math Bros Engineers.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Math Bros Engineers Private Limited
Math Bros Engineers Private Limited has 2 board changes on record since 1995: 2 appointments. The latest: Rachel Mathews was appointed as Director on 14 Jul 1995.
20 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Math Bros Engineers Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Math Bros Engineers Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Math Bros Engineers Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Math Bros Engineers Private Limited
Math Bros Engineers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACM5954E1ZH | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Math Bros Engineers Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Math Bros Engineers Private Limited
Math Bros Engineers is an active private limited company based in Thane, Maharashtra, India. The company works in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 14 July 1995 (31+ years old) and is registered under CIN U28100MH1995PTC090590.
Math Bros Engineers reported revenue of ₹13.5 Cr for FY 2025 (down 24% YoY).
Math Bros Engineers has 2 current directors:
- Raju Jacob Mathews - Director
- Rachel Mathews - Director
Math Bros Engineers reported a net profit of ₹1.57 Lakh (net margin 0.1%) and EBITDA of ₹1.34 Cr (EBITDA margin 9.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Math Bros Engineers is 3% over three years and -14% over five years. In the latest year (FY 2025) revenue fell 24%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Math Bros Engineers is 27AAACM5954E1ZH, registered in Maharashtra.
The CIN (Corporate Identification Number) of Math Bros Engineers is U28100MH1995PTC090590. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Math Bros Engineers was incorporated on 14 July 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Math Bros Engineers by revenue are Lord Vishwakarma Heat Exchangers Private Limited, Peace Storage System Private Limited, Encon Thermal Engineers Private Limited, Gpre Furnaces India Private Limited, Vulture Innovation Private Limited and 5 more, all in the Machinery and Equipment industry (Industrial Products Manufacturers).
Rachel Mathews was appointed as Director on 14 Jul 1995. Raju Jacob Mathews was appointed as Director on 14 Jul 1995.
Math Bros Engineers can be reached through the website mathbrosengineers.com. Its registered office is in Thane, Maharashtra, India.