Metexim (Sourcing) Private Limited

Metexim (Sourcing) Private Limited - automotive in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U65991TN1983PTC010378 Incorporated 11 October 1983 ROC Chennai HQ Chennai, Tamil Nadu, India
Active Private Limited Company automotive MSME · Small
Data last updated
Revenue · FY 2025
₹36.05 Cr
▲ 5% YoY
Net profit · FY 2025
₹2.01 Cr
Net margin 5.6%
EBITDA · FY 2025
₹5.92 Cr
EBITDA margin 16.4%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹94.56 Lakh
Issued & subscribed
Open charges
₹16.58 Cr
Satisfied ₹19.57 Cr
Company age
43 yrs
Est. 1983
Employees · EPFO
70
Provident fund records

About Metexim (Sourcing) Private Limited

Data last updated:

Metexim (Sourcing) Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 11 October 1983 and has been in existence for over 43 years.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U65991TN1983PTC010378. Its GSTIN is 33AAACM2524L2ZO (Tamil Nadu). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹94.56 Lakh. It was formerly known as Monank Leasing and Investments Private Limited. It is led by directors including Sailesh Rasiklal Mehta and Ashish Sailesh Mehta.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 559 Annasalai3Rd Floor Teynampet Chennai – 18, Tamil Nadu, India – 600018.

As per the financials filed for FY 2025, the company reported a revenue of ₹36.05 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹2.01 Cr (net margin 5.6%) and EBITDA of ₹5.92 Cr (EBITDA margin 16.4%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 10% over five years.

The company has about 70 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Metexim. As per MCA filings, the company has open charges of ₹16.58 Cr and satisfied charges of ₹19.57 Cr on record. Court records list 11 cases involving the company, including 4 filed by the company and 7 filed against it; 2 cases are pending. The company has 7 deals on record (4 secondary share transfers, 3 funding rounds), with disclosed funding of ₹63.1 Lakh; the latest was in April 2018. Its 4 peer companies in the Machinery and Equipment industry (Tools and Components), with the same principal business activity (metal and metal products) are compared by revenue, 3 larger and 1 smaller; the largest is MRK Impex Private Limited with revenue of ₹36.26 Cr. The company has 4 MSME Form 1 returns on record for the period ending Sep 2019, listing 29 overdue payments to 15 micro and small suppliers.

Metexim (Sourcing) Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0041209). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website metexim.com.

Company details

CIN U65991TN1983PTC010378
Registration Number 010378
Incorporation Date 11 October 1983
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TN-02-0041209
Key People
Sailesh Rasiklal Mehta Director Ashish Sailesh Mehta Director Mansi Ashish Mehta Director

Recognitions & Rankings of Metexim (Sourcing)

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-TN-02-0041209

Contact details

Metexim (Sourcing) Private Limited's registered office is in Chennai, Tamil Nadu. Its website is metexim.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    metexim.com
  • Registered Address
    559 Annasalai3Rd Floor Teynampet Chennai – 18, Tamil Nadu, India – 600018
  • Industry
    Automotive, Auto Parts & Components

To see the full contact details of Metexim (Sourcing) Private Limited, buy the company report.

Comprehensive company report
Metexim (Sourcing) 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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Brands

Metexim (Sourcing) operates one associated brand: Metexim. Each brand links to its own profile.

BrandDescriptionWebsite
Metexim
Precision engineering and manufacturing services in Automotive, Aerospace, Oil & Gas, and General Engineering sectors.metexim.com

Business activity

The main business activity of Metexim (Sourcing) is manufacturing. In detail, this covers metal and metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC7Metal and metal products

To see the full business activity and turnover split of Metexim (Sourcing) Private Limited, buy the company report.

Financials of Metexim (Sourcing) Private Limited

FY 2024 filings available

Metexim (Sourcing) Private Limited reported revenue of ₹36.05 Cr (up 5% YoY) for FY 2025.

Revenue · FY 2025
₹36.05 Cr ▲ 5%
Net profit · FY 2025
₹2.01 Cr margin 5.6%
EBITDA · FY 2025
₹5.92 Cr margin 16.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 5%
3 years · compounded
▲ 4%
5 years · compounded
▲ 10%
EBITDA CAGR growth
1 year
▲ 54%
3 years · compounded
▲ 4%
5 years · compounded
▲ 20%

Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 5% growth in the latest year. EBITDA rose 54% 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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹5.92 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹2.01 Cr
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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin16.4%
Net Profit Margin5.6%
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 Metexim (Sourcing) Private Limited, buy the company report.

Board of directors of Metexim (Sourcing) Private Limited

Metexim (Sourcing) has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Sailesh Rasiklal Mehta
Also directs: Indimet Private Limited, Ramind Cold Forge Private Limited, Redbridge Valves Private Limited
Director11 Oct 198343 Years 0 MonthsCurrent
Ashish Sailesh Mehta
Also directs: Redbridge Valves Private Limited
Director11 Jun 200125 Years 4 MonthsCurrent
Mansi Ashish Mehta
Also directs: Redbridge Valves Private Limited
Director01 Apr 20242 Years 7 MonthsCurrent
View all directors

Peer comparison

Metexim (Sourcing) Private Limited is compared with the 4 companies closest to it by revenue in the Machinery and Equipment industry (Tools and Components), with the same principal business activity (metal and metal products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
MRK Impex Private Limited₹36.26 Cr (FY 2025)5.0%New Delhi, Delhi, India
Cears Dies and Moulds Private Limited₹36.16 Cr (FY 2025)11.0%Nashik, Maharashtra, India
Kamal Hitech Engineers Private Limited₹36.08 Cr (FY 2024)13.0%Chandigarh, India
Metexim (Sourcing) Private Limitedthis company₹36.05 Cr (FY 2025)₹2.01 Cr5.6%5.0%70Chennai, Tamil Nadu, India
Kamdhenu Forge Private Limited₹36.05 Cr (FY 2025)-15.0%Shapar, Gujarat, India

To see the full peer comparison of Metexim (Sourcing) Private Limited, buy the company report.

Auditor

Metexim (Sourcing) Private Limited is audited by R.RAJENDRA KUMAR for the financial year 2023.

Auditor firmFinancial yearFirm registration number
R.RAJENDRA KUMARFY 2023003459S

Shareholding

The shareholding of Metexim (Sourcing) 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 Metexim (Sourcing) Private Limited, buy the company report.

Charges & borrowings

Open charges
₹16.58 Cr
Satisfied charges
₹19.57 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹9.13 Cr
Others₹7.45 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
05 Mar 2025101085214Hdfc Bank Limited₹12.5 LakhOpen
10 Jan 2025101034013Others₹2.45 CrOpen
23 Jun 2023100736426Others₹5 CrOpen
04 Sep 2021100493590Hdfc Bank Limited₹9 CrOpen
20 Sep 2017100124399Others₹75 LakhSatisfied

To see the full charge records of Metexim (Sourcing) Private Limited, buy the company report.

Total charge records: 14 View all charges

Deals & funding

Metexim (Sourcing) Private Limited has 7 deals on record (4 secondary share transfers, 3 funding rounds), with disclosed funding of ₹63.1 Lakh; the latest was in April 2018.

Total deals
7
Secondary share transfers
4
Funding rounds
3
Disclosed funding
₹63.1 Lakh

Deals on record (5 of 7)

WhenDealAmountParties
Apr 2018Secondary share transferUndisclosedBuyer: an individual
Seller: 4 individuals
Nov 2012Funding round₹23 LakhInvestors: Ashish Mehta S HUF
Oct 2010Funding round₹25 LakhInvestors: Ashish Mehta S HUF, 2 individuals
Mar 2010Secondary share transferUndisclosedBuyer: an individual
Seller: Sunil R Mehta HUF, 3 individuals
Nov 2007Funding round₹15.1 LakhInvestors: Ashish Mehta S HUF, 3 individuals

To see the full deal history of Metexim (Sourcing) Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Metexim (Sourcing) Private Limited was last rated by Icra on 16 Apr 2021.

Rating agencyRated onRating
Icra16 Apr 2021

To see the full credit ratings and regulatory alerts of Metexim (Sourcing) Private Limited, buy the company report.

MSME payment delays

Metexim (Sourcing) Private Limited has 4 MSME Form 1 returns on record for the period ending Sep 2019, listing 29 overdue payments to 15 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 15)

SupplierAmount dueDue sinceReported on
an individual supplier
an individual supplier
Venlub Petro Products Private Limited
an individual supplier
FCS Fluoro Carbon Seals Private Limited

To see the full MSME payment records of Metexim (Sourcing) Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Metexim (Sourcing) Private Limited has a workforce of 70 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.

Employee count
70
Active EPFO establishments
1
Employee growth
-1.41%

GST

Metexim (Sourcing) has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
33AAACM2524L2ZOTamil NaduActive01 Jul 2017

To see the full GST registrations and return filing status of Metexim (Sourcing) Private Limited, buy the company report.

Recent activity

Metexim (Sourcing) Private Limited has 5 board changes on record since 1983: 4 appointments and 1 cessation. The latest: Mansi Ashish Mehta was appointed as Director on 01 Apr 2024.

Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.13 Cr with Charge ID 101085214 was registered on 05 Mar 2025.
Charges
A charge with Others amounted to Rs. 2.45 Cr with Charge ID 101034013 was registered on 10 Jan 2025.
AGM
Metexim (Sourcing) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited of Rs. 9.00 Cr registered on 04 Sep 2021 with Charge ID 100493590 was modified on 10 Sep 2024.
Appointed
Mansi Ashish Mehta was appointed as Director.
Filing
Metexim (Sourcing) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Charges
A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100736426 was registered on 23 Jun 2023.
Charges
A charge registered on 13 Sep 2017 via Charge ID 100172505 with Others was fully satisfied on 19 Apr 2022.
Charges
A charge registered on 11 Nov 2002 via Charge ID 90305401 with Others was fully satisfied on 03 Dec 2021.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 9.00 Cr with Charge ID 100493590 was registered on 04 Sep 2021.
Ceased
Sudha Sailesh Mehta ceased to be Director.
Charges
A charge registered on 20 Sep 2017 via Charge ID 100124399 with Others was fully satisfied on 27 Nov 2020.

23 earlier events are in the company report.

Frequently asked questions

Metexim (Sourcing) is an active private limited company based in Chennai, Tamil Nadu, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 11 October 1983 (43+ years old) and is registered under CIN U65991TN1983PTC010378.

Metexim (Sourcing) has 3 current directors:

The latest financial statements of Metexim (Sourcing) on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Metexim (Sourcing) is 33AAACM2524L2ZO, registered in Tamil Nadu. 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 Metexim (Sourcing) is U65991TN1983PTC010378. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Metexim (Sourcing) has 11 court cases on record: 4 filed by the company and 7 filed against it. 2 are pending. Most are in the district courts.

Metexim (Sourcing) was incorporated on 11 October 1983, making it 43+ years old. It is registered with the Registrar of Companies, Chennai.

Metexim (Sourcing) has 7 deals on record (4 secondary share transfers, 3 funding rounds), with disclosed funding of ₹63.1 Lakh; the latest was in April 2018.

The peers of Metexim (Sourcing) by revenue are MRK Impex Private Limited, Cears Dies and Moulds Private Limited, Kamal Hitech Engineers Private Limited, Kamdhenu Forge Private Limited, all in the Machinery and Equipment industry (Tools and Components), with the same principal business activity (metal and metal products).

Mansi Ashish Mehta was appointed as Director on 01 Apr 2024. Sudha Sailesh Mehta ceased to be Director on 22 Jul 2021. Ashish Sailesh Mehta was appointed as Director on 11 Jun 2001. Metexim (Sourcing) has 5 board changes on record in total.

Yes, Metexim (Sourcing) is registered as a small enterprise under Udyam registration (number: UDYAM-TN-02-0041209).

Metexim (Sourcing) has 4 MSME Form 1 returns on record for the period ending Sep 2019, listing 29 overdue payments to 15 micro and small suppliers. The latest return was filed on 02 Nov 2019.