- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-26-0001176

Mehta Pulses Limited
About Mehta Pulses Limited
Data last updated:
Mehta Pulses Limited is a public limited company based in Modasa, Gujarat, India. It operates in the staple foods and grains segment of the food and beverages sector. It was incorporated on 23 February 1983 and has been in existence for over 43 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51410GJ1983PLC005925. Its GSTIN is 24AABCM0739Q1Z8 (Gujarat).
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.38 Cr. It was formerly known as Mehta Pulses Private Limited. It is led by directors including Hasmukhlal Chhabildas Sheth and Rajendrakumar Natverlal Mehta.
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 Modasa, Gujarat, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹90.19 Cr, a growth of 95% compared to the previous year. For the same year it recorded a net profit of ₹6.73 Lakh (net margin 0.1%) and EBITDA of ₹1.87 Cr (EBITDA margin 2.1%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 12% over five years.
The company has about 5 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹10 Cr and satisfied charges of ₹76.99 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it.
Mehta Pulses Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-26-0001176). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Mehta Pulses
Contact details
Mehta Pulses Limited's registered office is in Modasa, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressModasa, Gujarat, India
- IndustryFood and Beverages, Staple Foods & Grains
To see the full contact details of Mehta Pulses Limited, buy the company report.
- 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
Business activity
The main business activity of Mehta Pulses is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products |
To see the full business activity and turnover split of Mehta Pulses Limited, buy the company report.
Financials of Mehta Pulses Limited
FY 2025 filings availableMehta Pulses Limited reported revenue of ₹90.19 Cr (up 95% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 95% growth in the latest year. EBITDA rose 2% 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 | ₹1.87 Cr | ||||
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| Net Profit (PAT) | ₹6.73 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.1% | ||||
| Net Profit Margin | 0.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Mehta Pulses Limited, buy the company report.
Board of directors of Mehta Pulses Limited
Mehta Pulses has 4 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hasmukhlal Chhabildas Sheth Also directs: MJD Mutual Benefits Nidhi Limited | Director | 23 Jun 2010 | 16 Years 4 Months | Current |
| Rajendrakumar Natverlal Mehta | Director | 23 Jun 2010 | 16 Years 4 Months | Current |
| Miteshkumar Madhusudanbhai Sheth | Director | 23 Jun 2010 | 16 Years 4 Months | Current |
| Mitul Rajendrakumar Mehta | Director | 23 Jun 2010 | 16 Years 4 Months | Current |
Peer comparison
Mehta Pulses Limited is compared with the 6 companies closest to it by revenue in the Food and Beverages industry (Staple Foods), with the same principal business activity (food, beverages and tobacco products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hemkunt Rice Mills Private Limited | ₹90.5 Cr (FY 2025) | 10.0% | Hazaribag, Jharkhand, India | |||
| Mukul Overseas Private Limited | ₹90.33 Cr (FY 2024) | 28.0% | Mainpur, Uttar Pradesh, India | |||
| Mehta Pulses Limitedthis company | ₹90.19 Cr (FY 2025) | ₹6.73 Lakh | 0.1% | 95.0% | 5 | Modasa, Gujarat, India |
| Dhanlaxmi Industries Private Limited | ₹89.92 Cr (FY 2025) | 16.0% | Berhampore, West Bengal, India | |||
| Govindam Food Products Private Limited | ₹89.82 Cr (FY 2024) | 27.0% | North 24 Parganas, West Bengal, India | |||
| Shyamjoti Rice Mill Private Limited | ₹89.57 Cr (FY 2025) | 1.0% | Tunidighi, West Bengal, India | |||
| Vardhman Wheat Products Private Limited | ₹89.53 Cr (FY 2024) | 7.0% | Bikaner, Rajasthan, India |
To see the full peer comparison of Mehta Pulses Limited, buy the company report.
Auditor
Mehta Pulses Limited is audited by KPSJ & ASSOCIATES LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KPSJ & ASSOCIATES LLP | FY 2023 | 124845W/W100209 |
Shareholding
The shareholding of Mehta Pulses 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mehta Pulses Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Oct 2024 | 100997778 | Others | ₹10 Cr | Open | |
| 28 Mar 2022 | 100562387 | Axis Bank Limited | ₹5 Cr | Satisfied | |
| 07 Mar 2022 | 100554066 | Axis Bank Limited | ₹10.99 Cr | Satisfied | |
| 29 May 2020 | 100338785 | Others | ₹9.95 Cr | Satisfied | |
| 28 May 2020 | 100338584 | Others | ₹9.95 Cr | Satisfied |
To see the full charge records of Mehta Pulses Limited, buy the company report.
Total charge records: 20 View all charges
Legal cases
Mehta Pulses Limited has 3 court cases on record: 2 filed by Mehta Pulses, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Aravalli at Modasa, Gujarat | Criminal complaint | Filed by the company against individuals | Disposed |
| High Court, GUJARAT | Appeal | Filed by the company against Industies Commissioner and 1 other | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CS CCC) | Filed against the company by Gujarat Tea Depot Co. | Disposed |
To see the full case history of Mehta Pulses Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mehta Pulses Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Mehta Pulses Limited has a workforce of 5 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Mehta Pulses has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCM0739Q1Z8 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mehta Pulses Limited, buy the company report.
Recent activity
Mehta Pulses Limited has 12 board changes on record since 2010: 4 appointments and 8 cessations. The latest: Hasmukhlal Chhabildas Sheth ceased to be Additional Director on 30 Sep 2011.
48 earlier events are in the company report.
Frequently asked questions
Mehta Pulses is an active public limited company based in Modasa, Gujarat, India. The company works in staple foods and grains, within the food and beverages industry. It was incorporated on 23 February 1983 (43+ years old) and is registered under CIN U51410GJ1983PLC005925.
Mehta Pulses has 4 current directors:
- Hasmukhlal Chhabildas Sheth - Director
- Rajendrakumar Natverlal Mehta - Director
- Miteshkumar Madhusudanbhai Sheth - Director
- Mitul Rajendrakumar Mehta - Director
The latest financial statements of Mehta Pulses 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 Mehta Pulses is 24AABCM0739Q1Z8, registered in Gujarat.
The CIN (Corporate Identification Number) of Mehta Pulses is U51410GJ1983PLC005925. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mehta Pulses has 3 court cases on record: 2 filed by the company and 1 filed against it. Most are in the district courts.
Mehta Pulses was incorporated on 23 February 1983, making it 43+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Mehta Pulses by revenue are Hemkunt Rice Mills Private Limited, Mukul Overseas Private Limited, Dhanlaxmi Industries Private Limited, Govindam Food Products Private Limited, Shyamjoti Rice Mill Private Limited and 1 more, all in the Food and Beverages industry (Staple Foods), with the same principal business activity (food, beverages and tobacco products).
Hasmukhlal Chhabildas Sheth ceased to be Additional Director on 30 Sep 2011. Miteshkumar Madhusudanbhai Sheth ceased to be Additional Director on 30 Sep 2011. Mitul Rajendrakumar Mehta ceased to be Additional Director on 30 Sep 2011. Mehta Pulses has 12 board changes on record in total.
Yes, Mehta Pulses is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-26-0001176).
The registered office of Mehta Pulses is at Modasa, Gujarat, India.

