MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-MH-18-0094976
Max Mro Services Private Limited - transport and logistics in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹75.66 Cr
▲ 48% YoY
Net profit · FY 2025
₹15.6 Cr
Net margin 20.6%
EBITDA · FY 2025
₹21.26 Cr
EBITDA margin 28.1%
Authorised capital
₹1.65 Cr
Registered with MCA
Paid-up capital
₹1.04 Cr
Issued & subscribed
Open charges
₹30 Cr
Secured borrowings
Company age
18 yrs
Est. 2008
Employees · EPFO
92
Provident fund records
About Max Mro Services Private Limited
Data last updated:
Max Mro Services Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Max Aerospace And Aviation Private Limited. It operates in the aircraft maintenance, repair and overhaul segment of the transport and logistics sector. It was incorporated on 24 January 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U63033MH2008PTC178221. Its GSTIN is 27AAFCM4462J1Z8 (Maharashtra).
The company has an authorised share capital of ₹1.65 Cr and a paid-up capital of ₹1.04 Cr. It was formerly known as Max Mro Services Limited. It is led by directors including Bharat Harkishan Malkani (Managing Director) and Jayesh Jagdish Mehta.
Its last annual general meeting (AGM) was held on 03 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at C – 1 Next To Mesco Hungur Juhu Airport S. V. Road Ville Parle (West), Mumbai, Maharashtra, India – 400056.
As per the financials filed for FY 2025, the company reported a revenue of ₹75.66 Cr, a growth of 48% compared to the previous year. For the same year it recorded a net profit of ₹15.6 Cr (net margin 20.6%) and EBITDA of ₹21.26 Cr (EBITDA margin 28.1%). Revenue has grown at a compounded annual rate (CAGR) of 32% over three years and 29% over five years.
The company has about 92 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Max MRO Services. As per MCA filings, the company has open charges of ₹30 Cr on record. The company has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹13.47 Cr; the latest was in June 2012.
Max Mro Services Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-18-0094976). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website maxmroservices.com.
Company details
CIN U63033MH2008PTC178221
Registration Number 178221
Incorporation Date 24 January 2008
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 03 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Max Aerospace And Aviation Private Limited
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-MH-18-0094976
CIN history
Max Mro Services has one previous CIN (Corporate Identification Number): U63033MH2008PLC178221. The current CIN is U63033MH2008PTC178221, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U63033MH2008PTC178221 | Current |
| U63033MH2008PLC178221 | Previous |
Key People
Bharat Harkishan Malkani Managing Director Jayesh Jagdish Mehta Director Patrice Brusciano Director Recognitions & Rankings of Max Mro Services
Contact details
Max Mro Services Private Limited's registered office is in Mumbai, Maharashtra. Its website is maxmroservices.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressC – 1 Next To Mesco Hungur Juhu Airport S. V. Road Ville Parle (West), Mumbai, Maharashtra, India – 400056
- IndustryTransport and Logistics, Aircraft Maintenance, Repair & Overhaul
To see the full contact details of Max Mro Services Private Limited, buy the company report.
Comprehensive company report
Max Mro Services 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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Brands
Max Mro Services operates one associated brand: Max MRO Services. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Aviation maintenance, repair, and overhaul services focusing on avionics, electrical, and mechanical solutions. | maxmroservices.com |
Business activity
The main business activity of Max Mro Services is professional, scientific and technical. In detail, this covers architecture, engineering activities, technical testing and analysis activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M4 | Architecture, engineering activities, technical testing and analysis activities |
To see the full business activity and turnover split of Max Mro Services Private Limited, buy the company report.
Financials of Max Mro Services Private Limited
FY 2025 filings availableMax Mro Services Private Limited reported revenue of ₹75.66 Cr (up 48% YoY) for FY 2025.
Revenue · FY 2025
₹75.66 Cr ▲ 48%
Net profit · FY 2025
₹15.6 Cr margin 20.6%
EBITDA · FY 2025
₹21.26 Cr margin 28.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 48%
3 years · compounded
▲ 32%
5 years · compounded
▲ 29%
EBITDA CAGR growth
1 year
▲ 49%
3 years · compounded
▲ 31%
5 years · compounded
▲ 93%
Revenue has grown at a compounded annual rate (CAGR) of 29% over five years, including 48% growth in the latest year. EBITDA rose 49% 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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| EBITDA | ₹21.26 Cr | ||||
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| Net Profit (PAT) | ₹15.6 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 28.1% | ||||
| Net Profit Margin | 20.6% | ||||
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To see the full financial statements and ratios of Max Mro Services Private Limited, buy the company report.
Board of directors of Max Mro Services Private Limited
Max Mro Services has 6 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bharat Harkishan Malkani | Managing Director | 24 Jan 2008 | 18 Years 9 Months | Current |
| Jayesh Jagdish Mehta Also directs: Hotel Transit Private Limited | Director | 24 Jan 2008 | 18 Years 9 Months | Current |
| Patrice Brusciano | Director | 24 Jun 2021 | 5 Years 4 Months | Current |
| Peter Van Helden | Director | 03 Sep 2025 | 1 Years 1 Months | Current |
| Meghna Bharat Malkani Also directs: Max Aerospace and Aviation Private Limited | Director | 03 Jun 2025 | 1 Years 4 Months | Current |
| Anushka Bharat Malkani Also directs: Max Aerospace and Aviation Private Limited, Whiskwithus LLP | Additional Director | 17 Dec 2025 | 0 Years 10 Months | Current |
Auditor
Max Mro Services Private Limited is audited by C B POKLE & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C B POKLE & CO | FY 2023 | 107954W |
Shareholding
The shareholding of Max Mro Services Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Max Mro Services Private Limited, buy the company report.
Charges & borrowings
Open charges
₹30 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Sep 2025 | 101172021 | Others | ₹15 Cr | Open | |
| 29 Sep 2025 | 101172024 | Others | ₹15 Cr | Open |
Total charge records: 2 View all charges
Deals & funding
Max Mro Services Private Limited has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹13.47 Cr; the latest was in June 2012.
Total deals
4
Funding rounds
2
Secondary share transfers
2
Disclosed funding
₹13.47 Cr
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2012 | Secondary share transfer | Undisclosed | Buyer: Max Aerospace and Aviation Private Limited Seller: an individual |
| Aug 2011 | Funding round | ₹9 Cr | Investors: Air France SA |
| Jun 2011 | Funding round | ₹4.48 Cr | Investors: Max Aerospace and Aviation Private Limited |
| Mar 2011 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Max Aerospace and Aviation Private Limited , 3 individuals |
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 Max Mro Services 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
No delayed payments to MSME suppliers are on our record for Max Mro Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Max Mro Services Private Limited has a workforce of 92 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
92
Active EPFO establishments
1
Employee growth
9.52%
GST
Max Mro Services has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCM4462J1Z8 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Max Mro Services Private Limited, buy the company report.
Recent activity
Max Mro Services Private Limited has 20 board changes on record since 2008: 13 appointments and 7 cessations. The latest: Anushka Bharat Malkani was appointed as Additional Director on 17 Dec 2025.
Appointed
Anushka Bharat Malkani was appointed as Additional Director.
Ceased
Pravin Harkishan Malkani ceased to be Director.
Charges
A charge with Others amounted to Rs. 15.00 Cr with Charge ID 101172021 was registered on 29 Sep 2025.
Charges
A charge with Others amounted to Rs. 15.00 Cr with Charge ID 101172024 was registered on 29 Sep 2025.
AGM
Max Mro Services Private Limited last Annual general meeting of members was held on 03 Sep 2025 as per latest MCA records.
Appointed
Peter Van Helden was appointed as Director.
Ceased
Bruno Tricoire ceased to be Director.
Appointed
Meghna Bharat Malkani was appointed as Director.
Filing
Max Mro Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Ceased
Jyoti Bharat Malkani ceased to be Director.
Appointed
Bruno Tricoire was appointed as Director.
Ceased
Benjamin Moreau ceased to be Director.
13 earlier events are in the company report.
Frequently asked questions
Max Mro Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in aircraft maintenance, repair and overhaul, within the transport and logistics industry. It was incorporated on 24 January 2008 (18+ years old) and is registered under CIN U63033MH2008PTC178221.
Max Mro Services has 6 current directors:
- Bharat Harkishan Malkani - Managing Director
- Jayesh Jagdish Mehta - Director
- Patrice Brusciano - Director
- Peter Van Helden - Director
- Meghna Bharat Malkani - Director
- Anushka Bharat Malkani - Additional Director
The latest financial statements of Max Mro Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 03 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Max Mro Services is 27AAFCM4462J1Z8, registered in Maharashtra.
The CIN (Corporate Identification Number) of Max Mro Services is U63033MH2008PTC178221. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Max Mro Services was incorporated on 24 January 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
Max Mro Services has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹13.47 Cr; the latest was in June 2012.
Anushka Bharat Malkani was appointed as Additional Director on 17 Dec 2025. Pravin Harkishan Malkani ceased to be Director on 17 Dec 2025. Peter Van Helden was appointed as Director on 03 Sep 2025. Max Mro Services has 20 board changes on record in total.
Yes, Max Mro Services is registered as an MSME under Udyam registration (number: UDYAM-MH-18-0094976).
Max Mro Services can be reached through the website maxmroservices.com. Its registered office is in Mumbai, Maharashtra, India.