Mayank Processors Private Limited

Mayank Processors Private Limited - manufacturing in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN U17119GJ1994PTC023452 Incorporated 28 October 1994 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Private Limited Company manufacturing MSME · Small
Data last updated
Revenue · FY 2024
₹48.29 Cr
▲ 1% YoY
Net profit · FY 2024
₹69.18 Lakh
Net margin 1.4%
EBITDA · FY 2024
₹2.3 Cr
EBITDA margin 4.8%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹58.51 Lakh
Issued & subscribed
Open charges
₹3.34 Cr
Satisfied ₹27.89 Cr
Company age
32 yrs
Est. 1994
Employees · EPFO
88
Provident fund records

About Mayank Processors Private Limited

Data last updated:

Mayank Processors Private Limited is a private limited company based in Ahmedabad, Gujarat, India, a subsidiary of Divya Global Private Limited. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 28 October 1994 and has been in existence for over 32 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17119GJ1994PTC023452. Its GSTIN is 24AAACN5403B1Z8 (Gujarat). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹58.51 Lakh. It was formerly known as Navyug Processors Private Limited. It is led by directors Sunilkumar Nandlal Siraslewala and Divyakumar Sunilkumar Siraslewala.

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 237 Shah Wadi Saijpur Gopalpur Narol, Ahmedabad, Gujarat, India – 382405.

As per the financials filed for FY 2024, the company reported a revenue of ₹48.29 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹69.18 Lakh (net margin 1.4%) and EBITDA of ₹2.3 Cr (EBITDA margin 4.8%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 10% over five years.

The company has about 88 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹3.34 Cr and satisfied charges of ₹27.89 Cr on record. Court records list 37 cases involving the company, including 6 filed by the company and 31 filed against it; 3 cases are pending.

Mayank Processors Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0007730). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U17119GJ1994PTC023452
Registration Number 023452
Incorporation Date 28 October 1994
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Divya Global Private Limited
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-01-0007730
Key People
Sunilkumar Nandlal Siraslewala Director Divyakumar Sunilkumar Siraslewala Director

Recognitions & Rankings of Mayank Processors

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-GJ-01-0007730

Contact details

Mayank Processors Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    237 Shah Wadi Saijpur Gopalpur Narol, Ahmedabad, Gujarat, India – 382405
  • Industry
    Manufacturing, Textile & Fabric Production

To see the full contact details of Mayank Processors Private Limited, buy the company report.

Comprehensive company report
Mayank Processors 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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Business activity

The main business activity of Mayank Processors is manufacturing. In detail, this covers textile, leather and other apparel products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC2Textile, leather and other apparel products

To see the full business activity and turnover split of Mayank Processors Private Limited, buy the company report.

Financials of Mayank Processors Private Limited

FY 2025 filings available

Mayank Processors Private Limited reported revenue of ₹48.29 Cr (up 1% YoY) for FY 2024.

Revenue · FY 2024
₹48.29 Cr ▲ 1%
Net profit · FY 2024
₹69.18 Lakh margin 1.4%
EBITDA · FY 2024
₹2.3 Cr margin 4.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 1%
3 years · compounded
▲ 19%
5 years · compounded
▲ 10%
EBITDA CAGR growth
1 year
▼ 8%
3 years · compounded
▼ 3%
5 years · compounded
▼ 2%

Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 1% growth in the latest year. EBITDA fell 8% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹2.3 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹69.18 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin4.8%
Net Profit Margin1.4%
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

To see the full financial statements and ratios of Mayank Processors Private Limited, buy the company report.

Board of directors of Mayank Processors Private Limited

Mayank Processors has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Sunilkumar Nandlal Siraslewala
Also directs: Pizuna Home Linens LLP, Siras Home Decors LLP, Divya Decors LLP and 5 more
Director23 Jan 200719 Years 9 MonthsCurrent
Divyakumar Sunilkumar Siraslewala
Also directs: Pizuna Home Linens LLP, Siras Home Decors LLP, Divya Decors LLP and 5 more
Director01 Jul 200818 Years 3 MonthsCurrent
View all directors

Peer comparison

Mayank Processors Private Limited is compared with the 6 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Sudev Spinners Private Limited₹48.38 Cr (FY 2024)-14.0%Annur, Tamil Nadu, India
Engineered Coated Fabric Private Limited₹48.3 Cr (FY 2025)-13.0%Mumbai, Maharashtra, India
Mayank Processors Private Limitedthis company₹48.29 Cr (FY 2024)₹69.18 Lakh1.4%1.0%88Ahmedabad, Gujarat, India
M&M Abhilasha Fabrics Private Limited₹48.29 Cr (FY 2024)22.0%New Delhi, Delhi, India
Shanu Silk Mills India Private Limited₹48.27 Cr (FY 2025)15.0%Bhilwara, Rajasthan, India
Mahavishnu Spinning Mills Private Limited₹48.26 Cr (FY 2025)19.0%Kovilpatti, Tamil Nadu, India
Vaaho Industries Private Limited₹48.26 Cr (FY 2024)6.0%Amritsar, Punjab, India

To see the full peer comparison of Mayank Processors Private Limited, buy the company report.

Auditor

Mayank Processors Private Limited is audited by BHAGAT & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
BHAGAT & ASSOCIATESFY 2023101100W

Shareholding

The shareholding of Mayank Processors Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Mayank Processors Private Limited, buy the company report.

Charges & borrowings

Open charges
₹3.34 Cr
Satisfied charges
₹27.89 Cr
Breakdown by lending institutions
Others₹3.34 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
17 Aug 2023100795570Others₹3.34 CrOpen
23 Jul 2020100358942Standard Chartered Bank₹3.81 CrSatisfied
29 Jul 2019100281755Standard Chartered Bank₹3 CrSatisfied
29 Jul 2019100281757Standard Chartered Bank₹3.29 CrSatisfied
22 Jul 2019100280612Standard Chartered Bank₹6.81 CrSatisfied

To see the full charge records of Mayank Processors Private Limited, buy the company report.

Total charge records: 9 View all charges

Credit ratings & regulatory alerts

Mayank Processors Private Limited was last rated by Crisil on 16 Jan 2020.

Rating agencyRated onRating
Crisil16 Jan 2020

To see the full credit ratings and regulatory alerts of Mayank Processors Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Mayank Processors Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Mayank Processors Private Limited has a workforce of 88 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.

Employee count
88
Active EPFO establishments
1
Employee growth
12.82%

GST

Mayank Processors has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
24AAACN5403B1Z8GujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Mayank Processors Private Limited, buy the company report.

Recent activity

Mayank Processors Private Limited has 5 board changes on record since 2007: 2 appointments and 3 cessations. The latest: Sitaram Nandlal Sirsalewala ceased to be Director on 21 Jan 2013.

AGM
Mayank Processors Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Mayank Processors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge registered on 22 Jul 2019 via Charge ID 100280612 with Standard Chartered Bank was fully satisfied on 11 Sep 2024.
Charges
A charge registered on 23 Jul 2020 via Charge ID 100358942 with Standard Chartered Bank was fully satisfied on 22 Aug 2024.
Charges
A charge registered on 29 Jul 2019 via Charge ID 100281755 with Standard Chartered Bank was fully satisfied on 22 Aug 2024.
Charges
A charge registered on 29 Jul 2019 via Charge ID 100281757 with Standard Chartered Bank was fully satisfied on 22 Aug 2024.
Charges
A charge registered on 07 May 2019 via Charge ID 100261906 with Standard Chartered Bank was fully satisfied on 22 Aug 2024.
Charges
A charge registered on 11 Feb 2019 via Charge ID 100257542 with Standard Chartered Bank was fully satisfied on 22 Aug 2024.
Charges
A charge with Others amounted to Rs. 3.34 Cr with Charge ID 100795570 was registered on 17 Aug 2023.
Charges
A charge with Standard Chartered Bank of Rs. 3.81 Cr registered on 23 Jul 2020 with Charge ID 100358942 was modified on 03 Apr 2021.
Charges
A charge with Standard Chartered Bank of Rs. 6.81 Cr registered on 22 Jul 2019 with Charge ID 100280612 was modified on 06 Aug 2020.
Charges
A charge with Standard Chartered Bank amounted to Rs. 3.81 Cr with Charge ID 100358942 was registered on 23 Jul 2020.

18 earlier events are in the company report.

Frequently asked questions

Mayank Processors is an active private limited company based in Ahmedabad, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 28 October 1994 (32+ years old) and is registered under CIN U17119GJ1994PTC023452.

Mayank Processors has 2 current directors:

The latest financial statements of Mayank Processors on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Mayank Processors is 24AAACN5403B1Z8, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

The CIN (Corporate Identification Number) of Mayank Processors is U17119GJ1994PTC023452. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Mayank Processors has 37 court cases on record: 6 filed by the company and 31 filed against it. 3 are pending. Most are in the district courts.

Mayank Processors was incorporated on 28 October 1994, making it 32+ years old. It is registered with the Registrar of Companies, Ahmedabad.

The peers of Mayank Processors by revenue are Sudev Spinners Private Limited, Engineered Coated Fabric Private Limited, M&M Abhilasha Fabrics Private Limited, Shanu Silk Mills India Private Limited, Mahavishnu Spinning Mills Private Limited and 1 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).

Sitaram Nandlal Sirsalewala ceased to be Director on 21 Jan 2013. Divyakumar Sunilkumar Siraslewala was appointed as Director on 01 Jul 2008. Gordhanlal Patel ceased to be Director on 04 Feb 2008. Mayank Processors has 5 board changes on record in total.

Yes, Mayank Processors is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0007730).

The registered office of Mayank Processors is at 237 Shah Wadi Saijpur Gopalpur Narol, Ahmedabad, Gujarat, India – 382405.