
Mehul Telecom Limited
About Mehul Telecom Limited
Data last updated:
Mehul Telecom Limited is a public limited company based in Rajkot, Gujarat, India. It was incorporated on 17 May 2023.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U46524GJ2023PLC141259. It is a listed company as per MCA records. Its shares are listed on BSE: 544751.
The company has an authorised share capital of ₹12 Cr and a paid-up capital of ₹7.62 Cr. It was formerly known as Mehul Telecom Private Limited. It is led by directors including Mehul Vasantbhai Raymagia (Managing Director) and Hemali Mehulbhai Raymagiya.
Its last annual general meeting (AGM) was held on 29 August 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Rajkot, Gujarat.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹200.12 Cr, a growth of 73.4% compared to the previous year. For the same year it recorded a net profit of ₹9.96 Cr (net margin 5%) and EBITDA of ₹13.64 Cr (EBITDA margin 6.8%). The net worth stands at ₹27.15 Cr (up 58% YoY). Total assets are valued at ₹37.78 Cr (up 76.6% YoY).
As per MCA filings, the company has open charges of ₹75 Lakh on record. The company has 10 deals on record (7 market trades, 2 funding rounds, 1 ipo), with disclosed funding of ₹11.47 Cr; the latest was in September 2026.
Company details
CIN history
Mehul Telecom has one previous CIN (Corporate Identification Number): U46524GJ2023PTC141259. The current CIN is U46524GJ2023PLC141259, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U46524GJ2023PLC141259 | Current |
| U46524GJ2023PTC141259 | Previous |
Contact details
Mehul Telecom Limited's registered office is in Rajkot, Gujarat.
- Registered AddressWestgate Shop 223, 150 Ft Ring Road, Rajkot, Gujarat, India – 360007
- 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
Financials of Mehul Telecom Limited
FY 2025-26 filings availableMehul Telecom Limited reported revenue of ₹200.12 Cr (up 73.4% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · StandaloneRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 |
|---|---|---|---|
| Income statement | |||
| Revenue | 200 | 115 | 0.00 |
| Revenue growth | +73.4% | - | - |
| EBITDA | 13.64 | 7.67 | (0.01) |
| EBITDA margin | +6.8% | +6.7% | - |
| Profit before tax | 13.39 | 7.69 | (0.01) |
| Net profit | 9.96 | 5.74 | (0.01) |
| Net profit margin | +5.0% | +5.0% | - |
| EPS (₹) | 13.07 | 7.53 | (0.67) |
| Balance sheet | |||
| Total assets | 37.78 | 21.39 | 0.09 |
| Net worth | 27.15 | 17.18 | 0.09 |
| Total debt | 3.46 | 0.07 | 0.00 |
| Cash & bank | 2.74 | 4.00 | 0.01 |
| Net working capital | 36.90 | 21.26 | 0.10 |
| Cash flow | |||
| Cash from operations | (3.71) | (11.29) | (0.09) |
| Cash from investing | (0.66) | (0.18) | 0.00 |
| Cash from financing | 3.11 | 15.45 | 0.10 |
| Particulars | Mar 2026 | Dec 2025 |
|---|---|---|
| Revenue | 48.13 | 58.21 |
| Other income | 0.05 | 0.03 |
| Total expenses | 44.20 | 54.93 |
| EBITDA | 3.93 | 3.28 |
| EBITDA margin | +8.2% | +5.6% |
| Depreciation | 0.02 | 0.02 |
| Interest | 0.09 | 0.18 |
| Profit before tax | 3.87 | 3.11 |
| Tax | 0.98 | 0.81 |
Financial Statements
| Particulars | Mar 2026 | Dec 2025 |
|---|---|---|
| Revenue | 48.13 | 58.21 |
| Other income | 0.05 | 0.03 |
| Total expenses | 44.20 | 54.93 |
| EBITDA | 3.93 | 3.28 |
| EBITDA margin | +8.2% | +5.6% |
| Depreciation | 0.02 | 0.02 |
| Interest | 0.09 | 0.18 |
| Profit before tax | 3.87 | 3.11 |
| Tax | 0.98 | 0.81 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 |
|---|---|---|---|
| Revenue | 200 | 115 | 0.00 |
| Revenue growth | +73.4% | - | - |
| Other income | 0.09 | 0.09 | 0.00 |
| Total expenses | 186 | 108 | 0.01 |
| Employee cost | 0.00 | 1.00 | 0.00 |
| EBITDA | 13.64 | 7.67 | (0.01) |
| EBITDA margin | +6.8% | +6.7% | - |
| Depreciation | 0.06 | 0.04 | 0.00 |
| Interest | 0.28 | 0.03 | 0.00 |
| Profit before tax | 13.39 | 7.69 | (0.01) |
| Tax | 3.43 | 1.95 | 0.00 |
| Net profit | 9.96 | 5.74 | (0.01) |
| Net profit margin | +5.0% | +5.0% | - |
| EPS (₹) | 13.07 | 7.53 | (0.67) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 |
|---|---|---|---|
| Equity & liabilities | |||
| Share capital | 7.62 | 7.62 | 0.10 |
| Reserves & surplus | 19.53 | 9.56 | (0.01) |
| Shareholders' funds (net worth) | 27.15 | 17.18 | 0.09 |
| Secured loans | 2.67 | 0.00 | 0.00 |
| Unsecured loans | 0.79 | 0.07 | 0.00 |
| Total debt | 3.46 | 0.07 | 0.00 |
| Total liabilities | 37.78 | 21.39 | 0.09 |
| Assets | |||
| Gross block | 0.83 | 0.17 | 0.00 |
| Net block | 0.73 | 0.13 | 0.00 |
| Capital work in progress | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 |
| Inventories | 30.15 | 18.23 | 0.00 |
| Sundry debtors | 17.08 | 6.59 | 0.00 |
| Cash & bank balances | 2.74 | 4.00 | 0.01 |
| Loans & advances | 6.91 | 4.75 | 0.09 |
| Total current assets | 56.88 | 33.57 | 0.10 |
| Total current liabilities | 19.98 | 12.31 | 0.00 |
| Net working capital | 36.90 | 21.26 | 0.10 |
| Total assets | 37.78 | 21.39 | 0.09 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 |
|---|---|---|---|
| Opening cash | 4.00 | 0.01 | 0.00 |
| Net cash from operating activities | (3.71) | (11.29) | (0.09) |
| Net cash from investing activities | (0.66) | (0.18) | 0.00 |
| Net cash from financing activities | 3.11 | 15.45 | 0.10 |
| Net change in cash | (1.26) | 3.99 | 0.01 |
| Closing cash | 2.74 | 4.00 | 0.01 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 |
|---|---|---|---|
| Growth | |||
| Sales growth | +73.4% | - | - |
| EBITDA growth | +77.8% | - | - |
| PBT growth | +74.1% | +9998.0% | +9997.0% |
| Net income growth | +73.5% | - | - |
| Profitability & leverage | |||
| Net income margin | +5.0% | +5.0% | - |
| Return on capital employed | - | +72.0% | 0.0% |
| Return on net worth | - | +66.8% | 0.0% |
| Debt / equity | - | 0.00 | 0.00 |
| Long-term debt / equity | - | 0.00 | 0.00 |
| Interest cover | 2.06 | 0.39 | 0.00 |
| Efficiency & per share | |||
| Fixed asset turnover | - | 1,357.41 | 0.00 |
| Inventory turnover | - | 12.66 | 0.00 |
| Debtors turnover | - | 35.02 | 0.00 |
| EPS (₹) | 13.07 | 7.53 | (0.67) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 22.44 | 9.34 |
To see the full year-wise statements and ratios of Mehul Telecom Limited, buy the company report.
Board of directors of Mehul Telecom Limited
Mehul Telecom has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hemali Mehulbhai Raymagiya | Director | 17 May 2023 | 3 Years 5 Months | Current |
| Mehul Vasantbhai Raymagia | Managing Director | 17 May 2023 | 3 Years 5 Months | Current |
| Naimish Vasharambhai Raiyani | Director | 25 Feb 2025 | 1 Years 8 Months | Current |
| Jitesh Kantilal Gunjaria | Director | 25 Feb 2025 | 1 Years 8 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Sep 2025 | 101166374 | Hdfc Bank Limited | ₹75 Lakh | Open |
Total charge records: 1 View all charges
Deals & funding
Mehul Telecom Limited has 10 deals on record (7 market trades, 2 funding rounds, 1 ipo), with disclosed funding of ₹11.47 Cr; the latest was in September 2026.
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2026 | Market trade | ₹1.59 Cr | Seller: Krushnam Nexus Capital Scheme 1 |
| Sep 2026 | Market trade | ₹61.4 Lakh | Seller: Krushnam Nexus Capital Scheme 1 |
| Aug 2026 | Market trade | ₹73.5 Lakh | Buyer: an individual |
| Jul 2026 | Market trade | ₹49.1 Lakh | Buyer: an individual |
| Apr 2026 | Market trade | ₹7.13 Cr | Buyer: 3 Sigma Global Fund, Shree Ram Colloids Private Limited , 2 individuals Seller: Amitsg Ventures Fund |
To see the full deal history of Mehul Telecom Limited, buy the company report.
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 Mehul Telecom 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 Mehul Telecom Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Mehul Telecom Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Mehul Telecom Limited has 7 board changes on record since 2023: 4 appointments and 3 cessations. The latest: Mehul Vasantbhai Raymagia ceased to be Director on 02 May 2025.
News
Frequently asked questions
Mehul Telecom is an active public limited company based in Rajkot, Gujarat, India. It was incorporated on 17 May 2023 (3+ years old) and is registered under CIN U46524GJ2023PLC141259. Listed on BSE: 544751.
Mehul Telecom reported revenue of ₹200.12 Cr for FY 2025-26 (up 73.4% YoY) based on standalone financials.
Mehul Telecom has 4 current directors:
- Mehul Vasantbhai Raymagia - Managing Director
- Hemali Mehulbhai Raymagiya - Director
- Naimish Vasharambhai Raiyani - Director
- Jitesh Kantilal Gunjaria - Director
The latest financial statements of Mehul Telecom on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 29 August 2025. Year-wise statements from FY 2024 are in the company report.
The CIN (Corporate Identification Number) of Mehul Telecom is U46524GJ2023PLC141259. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Mehul Telecom is a listed company as per MCA records. Its shares are listed on BSE (code: 544751).
Mehul Telecom was incorporated on 17 May 2023, making it 3+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Mehul Telecom has 10 deals on record (7 market trades, 2 funding rounds, 1 ipo), with disclosed funding of ₹11.47 Cr; the latest was in September 2026.
Mehul Vasantbhai Raymagia ceased to be Director on 02 May 2025. Jitesh Kantilal Gunjaria was appointed as Director on 25 Feb 2025. Jitesh Kantilal Gunjaria ceased to be Director on 25 Feb 2025. Mehul Telecom has 7 board changes on record in total.
The registered office of Mehul Telecom is at Westgate Shop 223, 150 Ft Ring Road, Rajkot, Gujarat, India – 360007.

