About Max Aqua Limited
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Max Aqua Limited is a public limited company based in Aurangabad, Maharashtra, India. It operates in the water treatment segment of the environmental services sector. It was incorporated on 05 August 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U41000MH2011PLC292523. Its GSTIN is 27AAHCM3537C1ZN (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors including Ashish Nemichand Katariya and Shridhar Ramchandra Velangi.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Shop No.60 Oswal Complex X – 280 MIDC Waluj, Aurangabad, Maharashtra, India – 431001.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.87 Cr, a growth of 34% compared to the previous year. For the same year it recorded a net profit of ₹8.83 Lakh (net margin 3.1%) and EBITDA of ₹32.76 Lakh (EBITDA margin 11.4%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 13% over five years.
The company is associated with 1 brand: Max Aqua. As per MCA filings, the company has open charges of ₹5.69 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website maxaqua.org.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressShop No.60 Oswal Complex X – 280 MIDC Waluj, Aurangabad, Maharashtra, India – 431001
- IndustryEnvironment, Water Treatment
- 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 Max Aqua Limited
The main business activity of Max Aqua is water supply; sewerage, waste management and remediation activities. In detail, this covers water collection, treatment and supply.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| E | Water supply; sewerage, waste management and remediation activities | 36 | Water collection, treatment and supply | 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 Max Aqua Limited FY 2024 filings available
Max Aqua Limited reported revenue of ₹2.87 Cr (up 34% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Max Aqua Limited
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 34% growth 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 Max Aqua 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 | ₹32.76 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹8.83 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 Max Aqua Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.1% | •••• | •••• | •••• | •••• |
| 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 Max Aqua 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 Max Aqua Limited
Max Aqua Limited is compared with the companies closest to it by revenue in the Cleantech industry (Water and Wastewater Treatment). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shubham Water Solution Private Limited | ₹2.9 Cr (FY 2025) | •••• | •••• | -16.0% | •••• | Rajkot, Gujarat, India |
| Green Lab Industries Private Limited | ₹2.9 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Pune, Maharashtra, India |
| Genesis Enviroman Private Limited | ₹2.9 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | New Delhi, Delhi, India |
| Declibac Technologies Pvt Ltd | ₹2.89 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Kolkata, West Bengal, India |
| SWM Ventures Private Limited | ₹2.88 Cr (FY 2024) | •••• | •••• | 5.0% | •••• | Kurhani, Bihar, India |
| Max Aqua Limited this company | ₹2.87 Cr (FY 2025) | •••• | •••• | 34.0% | •••• | Aurangabad, Maharashtra, India |
| Himitex Engineers Private Limited | ₹2.87 Cr (FY 2025) | •••• | •••• | 33.0% | •••• | Delhi, India |
| Creintors Environmental Solutions Private Limited | ₹2.85 Cr (FY 2025) | •••• | •••• | 27.0% | •••• | Belgaum, Karnataka, India |
| Taizone Electronics Private Limited | ₹2.84 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Uttar Dinajpur, West Bengal, India |
| Paleo Crystal Enviro Technologies Private Limited | ₹2.83 Cr (FY 2025) | •••• | •••• | -29.0% | •••• | Mohali, Punjab, India |
| Vital Hospitality Private Limited | ₹2.81 Cr (FY 2024) | •••• | •••• | 28.0% | •••• | Thiruvananthapuram, Kerala, India |
Peers are the five companies nearest above and the five nearest below Max Aqua by revenue in the Cleantech industry (Water and Wastewater Treatment), 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 Max Aqua Limited
Max Aqua Limited is audited by S.K.VIJAYVERGIA & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S.K.VIJAYVERGIA & CO. | 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 Max Aqua Limited
Max Aqua has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashish Nemichand Katariya Also directs: Max Aqua Technologies Solution LLP, Katariya Krishi Farms LLP, Orion Metalmoulders LLP and 5 more | Director | 03 Dec 2012 | 13 Years 10 Months | Current |
| Shridhar Ramchandra Velangi Also directs: Max Aqua Technologies Solution LLP, Velangi Connectivity Private Limited, Essdee Connectivity Private Limited and 1 more | Director | 03 Dec 2012 | 13 Years 10 Months | Current |
| Rajnish Nemichand Katariya Also directs: Max Aqua Technologies Solution LLP, Orion Metalmoulders LLP, Sheet Shapers Automotive LLP and 5 more | Director | 05 Jan 2016 | 10 Years 9 Months | Current |
Ownership and Shareholding of Max Aqua 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 Max Aqua Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Nov 2023 | Others | ₹3 Cr | Open |
| 30 Aug 2016 | Others | ₹2.69 Cr | Open |
Total charge records: 2 View all charges
Legal Cases of Max Aqua Limited
Max Aqua Limited has 3 court cases on record: 3 filed by Max Aqua. 1 case is pending and 2 are disposed. Status as checked between 02 Oct 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Aurangabad, Maharashtra | Court case (Spl .Dkst) | Filed by the company against And Infrastructure Private Limited | Disposed |
| District court, Aurangabad, Maharashtra | Civil suit | Filed by the company against And Infrastructure Private Limited | Disposed |
| District court, Nanded, Maharashtra | Court case (Spl .Dkst) | Filed by the company against Axes Water Solution and Infrastructure Pvt Ltd | Pending |
Full case history
All 3 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Max Aqua Limited
Max Aqua operates one associated brand: Max Aqua. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Water purification products and systems for home, commercial, and industrial use in India. | maxaqua.org |
Employees and EPFO Compliance at Max Aqua Limited
Employment history and EPFO contributions of people linked to Max Aqua.
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.
CIN History of Max Aqua Limited
Max Aqua has one previous CIN (Corporate Identification Number): U41000PN2011PLC140386. The current CIN is U41000MH2011PLC292523, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U41000MH2011PLC292523 | Current |
| U41000PN2011PLC140386 | Previous |
Recent Activity on Max Aqua Limited
Max Aqua Limited has 9 board changes on record since 2011: 6 appointments and 3 cessations. The latest: Mritiyunja Jangley ceased to be Managing Director on 22 Mar 2016.
4 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Max Aqua 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 Max Aqua 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 Max Aqua 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 Max Aqua Limited
Max Aqua has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCM3537C1ZN | Maharashtra | Active | 01 Jul 2017 |
| 29AAHCM3537C1ZJ | Karnataka | 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 Max Aqua 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 Max Aqua Limited
Max Aqua is an active public limited company based in Aurangabad, Maharashtra, India. The company works in water treatment, within the environment industry. It was incorporated on 05 August 2011 (15+ years old) and is registered under CIN U41000MH2011PLC292523.
Max Aqua reported revenue of ₹2.87 Cr for FY 2025 (up 34% YoY).
Max Aqua has 3 current directors:
- Ashish Nemichand Katariya - Director
- Shridhar Ramchandra Velangi - Director
- Rajnish Nemichand Katariya - Director
Max Aqua reported a net profit of ₹8.83 Lakh (net margin 3.1%) and EBITDA of ₹32.76 Lakh (EBITDA margin 11.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Max Aqua is 4% over three years and 13% over five years. In the latest year (FY 2025) revenue rose 34%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Max Aqua is 27AAHCM3537C1ZN, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AAHCM3537C1ZJ (Karnataka).
The CIN (Corporate Identification Number) of Max Aqua is U41000MH2011PLC292523. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Max Aqua has 3 court cases on record: 3 filed by the company. 1 is pending.
Max Aqua was incorporated on 05 August 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Max Aqua by revenue are Shubham Water Solution Private Limited, Green Lab Industries Private Limited, Genesis Enviroman Private Limited, Declibac Technologies Pvt Ltd, SWM Ventures Private Limited and 5 more, all in the Cleantech industry (Water and Wastewater Treatment).
Mritiyunja Jangley ceased to be Managing Director on 22 Mar 2016. Rajnish Nemichand Katariya was appointed as Director on 05 Jan 2016. Rahul Balasaheb Shinde ceased to be Director on 05 Dec 2012. Max Aqua has 9 board changes on record in total.