About Mayur Stainless Private Limited
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Mayur Stainless Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 26 November 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U28999MP2019PTC050187. Its GSTIN is 23AANCM1077F1ZK (Madhya Pradesh).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors including Yogesh Bhandari and Mayur Bhandari.
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 403 Shakun Vila 3/2 New Vila, Indore, Madhya Pradesh, India – 452001.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.34 Cr, a growth of 21% compared to the previous year. For the same year it recorded a net profit of ₹19.77 Lakh (net margin 3.7%) and EBITDA of ₹26.45 Lakh (EBITDA margin 5%). Revenue has grown at a compounded annual rate (CAGR) of 73% over three years and 206% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mayur-stainless.business.site.
- EmailLocked
- TelephoneLocked
- Social MediaLocked
- Registered Address403 Shakun Vila 3/2 New Vila, Indore, Madhya Pradesh, India – 452001
- IndustryMetals and Minerals, Steel Manufacturing & Processing
- 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 Mayur Stainless Private Limited
The main business activity of Mayur Stainless is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | 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 Mayur Stainless Private Limited FY 2025 filings available
Mayur Stainless Private Limited reported revenue of ₹5.34 Cr (up 21% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Mayur Stainless Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 206% over five years, including 21% growth in the latest year. EBITDA rose 153% 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 Mayur Stainless 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 | ₹26.45 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹19.77 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 Mayur Stainless Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.7% | •••• | •••• | •••• | •••• |
| 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 Mayur Stainless are in the company report.
Financial statements from FY 2020
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 Mayur Stainless Private Limited
Mayur Stainless Private Limited is compared with the companies closest to it by revenue in the Metals and Minerals industry (Die Casting, Steel). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| A D Steel India Private Limited | ₹5.36 Cr (FY 2025) | •••• | •••• | 70.0% | •••• | Birgaon, Chhattisgarh, India |
| X'mas Steels Private Limited | ₹5.36 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | New Bombay, Maharashtra, India |
| Kumar Styrene Packaging Private Limited | ₹5.35 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Delhi, India |
| Amrit Duraparts Private Limited | ₹5.34 Cr (FY 2018) | •••• | •••• | 42.0% | •••• | Punjab, India |
| Ajanta Cycles Pvt Ltd | ₹5.34 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Ludhiana, Punjab, India |
| Mayur Stainless Private Limited this company | ₹5.34 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Indore, Madhya Pradesh, India |
| Manu Alloys and Castings Private Limited | ₹5.34 Cr (FY 2024) | •••• | •••• | 46.0% | •••• | Solapur, Maharashtra, India |
| Aspo Technocast Private Limited | ₹5.34 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Rajkot, Gujarat, India |
| SND Steelwool Abressive Private Limited | ₹5.33 Cr (FY 2025) | •••• | •••• | -11.0% | •••• | Kolkata, West Bengal, India |
| Peb Surya Infra Steel Private Limited | ₹5.33 Cr (FY 2025) | •••• | •••• | 22.0% | •••• | Pune, Maharashtra, India |
| Zanshin DSM Moulds Private Limited | ₹5.33 Cr (FY 2024) | •••• | •••• | 284.0% | •••• | Rewari, Haryana, India |
Peers are the five companies nearest above and the five nearest below Mayur Stainless by revenue in the Metals and Minerals industry (Die Casting, Steel), 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 Mayur Stainless Private Limited
Mayur Stainless Private Limited is audited by NARENDRA BHANDARI & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| NARENDRA BHANDARI & 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 Mayur Stainless Private Limited
Mayur Stainless has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Munish Chandok Also directs: Sakaar Stainless LLP | Additional Director | 29 Nov 2025 | 0 Years 10 Months | Current |
| Yogesh Bhandari | Director | 26 Nov 2019 | 6 Years 10 Months | Current |
| Mayur Bhandari Also directs: V Stainless LLP, V Stainless Private Limited, Kinetic Industries Private Limited and 5 more | Director | 26 Nov 2019 | 6 Years 10 Months | Current |
| Raghav Chandhok Also directs: Sakaar Stainless LLP | Additional Director | 29 Nov 2025 | 0 Years 10 Months | Current |
Ownership and Shareholding of Mayur Stainless 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 Mayur Stainless Private Limited
Mayur Stainless Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Mayur Stainless Private Limited
Employment history and EPFO contributions of people linked to Mayur Stainless.
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 Mayur Stainless Private Limited
Mayur Stainless Private Limited has 4 board changes on record since 2019: 4 appointments. The latest: Munish Chandok was appointed as Additional Director on 29 Nov 2025.
Credit Ratings, Litigation & Regulatory Alerts for Mayur Stainless 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 Mayur Stainless 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 Mayur Stainless 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 Mayur Stainless Private Limited
Mayur Stainless has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AANCM1077F1ZK | Madhya Pradesh | Active | 30 Nov 2019 |
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 Mayur Stainless 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 Mayur Stainless Private Limited
Mayur Stainless is an active private limited company based in Indore, Madhya Pradesh, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 26 November 2019 (7+ years old) and is registered under CIN U28999MP2019PTC050187.
Mayur Stainless reported revenue of ₹5.34 Cr for FY 2025 (up 21% YoY).
Mayur Stainless has 4 current directors:
- Munish Chandok - Additional Director
- Yogesh Bhandari - Director
- Mayur Bhandari - Director
- Raghav Chandhok - Additional Director
Mayur Stainless reported a net profit of ₹19.77 Lakh (net margin 3.7%) and EBITDA of ₹26.45 Lakh (EBITDA margin 5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Mayur Stainless is 73% over three years and 206% over five years. In the latest year (FY 2025) revenue rose 21%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Mayur Stainless is 23AANCM1077F1ZK, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Mayur Stainless is U28999MP2019PTC050187. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mayur Stainless was incorporated on 26 November 2019, making it 7+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Mayur Stainless by revenue are A D Steel India Private Limited, X'mas Steels Private Limited, Kumar Styrene Packaging Private Limited, Amrit Duraparts Private Limited, Ajanta Cycles Pvt Ltd and 5 more, all in the Metals and Minerals industry (Die Casting, Steel).
Munish Chandok was appointed as Additional Director on 29 Nov 2025. Raghav Chandhok was appointed as Additional Director on 29 Nov 2025. Mayur Bhandari was appointed as Director on 26 Nov 2019. Mayur Stainless has 4 board changes on record in total.
Mayur Stainless can be reached through the website mayur-stainless.business.site. Its registered office is in Indore, Madhya Pradesh, India.