
Menhas Associates Private Limited
About Menhas Associates Private Limited
Data last updated:
Menhas Associates Private Limited is a private limited company based in Himachal Pradesh, India. It operates in the passenger transport segment of the transport and logistics sector. It was incorporated on 03 September 1981 and has been in existence for over 45 years.
The company is registered with the Registrar of Companies (ROC), Himachal Pradesh, under CIN U29305HP1981PTC004663. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹5.53 Lakh. It is led by directors Ashwani Menhas and Lata Menhas.
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 25 Sector Iindustrial Area I Parwanoo, Himachal Pradesh, India.
As per the financials filed for FY 2022, the company reported a revenue of ₹21,753, a decline of 98% compared to the previous year. For the same year it recorded a net loss of ₹1.95 Lakh and EBITDA of -₹66,200 (EBITDA margin -304.3%). Revenue has declined at a compounded annual rate (CAGR) of 74% over three years and 61% over five years.
As per MCA filings, the company has satisfied charges of ₹45.12 Lakh on record. Court records list 5 cases involving the company, including 5 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Menhas Associates Private Limited's registered office is in Himachal Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address25 Sector Iindustrial Area I Parwanoo, Himachal Pradesh, India
- IndustryTransport and Logistics, Passenger Transport
To see the full contact details of Menhas Associates Private 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
Financials of Menhas Associates Private Limited
FY 2025 filings availableMenhas Associates Private Limited reported revenue of ₹21,753 (down 98% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 61% over five years, including a 98% fall 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹21,753 | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹66,200 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.95 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Investments | |||||
| Inventories | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -304.3% | ||||
| Net Profit Margin | |||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
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| Revenue Growth | |||||
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To see the full financial statements and ratios of Menhas Associates Private Limited, buy the company report.
Board of directors of Menhas Associates Private Limited
Menhas Associates has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashwani Menhas | Director | 20 Jul 2005 | 21 Years 3 Months | Current |
| Lata Menhas | Director | 03 Sep 1981 | 45 Years 2 Months | Current |
Auditor
Menhas Associates Private Limited is audited by RAVI SUD & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAVI SUD & ASSOCIATES | FY 2021 | 023111N |
Shareholding
The shareholding of Menhas Associates Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Menhas Associates Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Nov 2007 | 10083573 | State Bank of India | ₹45.12 Lakh | Satisfied |
To see the full charge records of Menhas Associates Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Menhas Associates Private Limited has 5 court cases on record: 5 filed by Menhas Associates. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 0 |
| District courts | 2 | 0 | 0 |
Cases on record (4 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, HIMACHAL PRADESH | Interim or miscellaneous application | Filed by the company against State of Hp(Not Applicable) | Disposed |
| High Court, HIMACHAL PRADESH | Writ petition | Filed by the company against State of Hp(Not Applicable) and 2 others | Disposed |
| District court, Panchkula, Haryana | Execution petition | Filed by the company against Ms Sapphire Enterprises | Disposed |
| District court, Solan, Himachal Pradesh | Execution petition | Filed by the company against Ms Sapphire Enterprises and 1 other | Disposed |
To see the full case history of Menhas Associates Private 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 Menhas Associates Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Menhas Associates has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Menhas Associates Private Limited, buy the company report.
Recent activity
Menhas Associates Private Limited has 3 board changes on record since 1981: 2 appointments and 1 cessation. The latest: Amar Singh Menhas ceased to be Managing Director on 23 May 2024.
Frequently asked questions
Menhas Associates is an active private limited company based in Himachal Pradesh, India. The company works in passenger transport, within the transport and logistics industry. It was incorporated on 03 September 1981 (45+ years old) and is registered under CIN U29305HP1981PTC004663.
Menhas Associates has 2 current directors:
- Ashwani Menhas - Director
- Lata Menhas - Director
The latest financial statements of Menhas Associates 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.
No. Menhas Associates has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Menhas Associates is U29305HP1981PTC004663. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Menhas Associates has 5 court cases on record: 5 filed by the company. Most are in the high courts.
Menhas Associates was incorporated on 03 September 1981, making it 45+ years old. It is registered with the Registrar of Companies, Himachal Pradesh.
Amar Singh Menhas ceased to be Managing Director on 23 May 2024. Ashwani Menhas was appointed as Director on 20 Jul 2005. Lata Menhas was appointed as Director on 03 Sep 1981.
The registered office of Menhas Associates is at 25 Sector Iindustrial Area I Parwanoo, Himachal Pradesh, India.
Menhas Associates operates in the transport and logistics industry, in the passenger transport segment.

