About Meva Formwork Systems Private Limited
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Meva Formwork Systems Private Limited is a foreign private limited company based in Thane, Maharashtra, India, a subsidiary of Meva Schalung Systeme Gmbh. It operates in the infrastructure project management segment of the infrastructure and utilities sector. It was incorporated on 21 January 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51109MH2009FTC189778. Its GSTIN is 27AAFCM8821R1ZP (Maharashtra).
The company has an authorised share capital of ₹3.4 Cr and a paid-up capital of ₹1.04 Cr. It is led by directors including Himanshu Joshi and Tarcyzjusz Wojciech Frohlich.
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 Thane, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹68.6 Cr, a growth of 120% compared to the previous year. For the same year it recorded a net profit of ₹24.18 Lakh (net margin 0.4%) and EBITDA of ₹84.36 Lakh (EBITDA margin 1.2%). Revenue has grown at a compounded annual rate (CAGR) of 62% over three years and 60% over five years.
The company has about 22 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website meva.net.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressOffice No. 604 Mayuresh Planet, Plot No. 42 – 43 Sector – 15, Thane, Maharashtra, India – 400614
- IndustryInfrastructure and Utilities, Infrastructure Project Management
- 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 Meva Formwork Systems Private Limited
The main business activity of Meva Formwork Systems is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities | 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 Meva Formwork Systems Private Limited FY 2025 filings available
Meva Formwork Systems Private Limited reported revenue of ₹68.6 Cr (up 120% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Meva Formwork Systems Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 60% over five years, including 120% growth in the latest year. EBITDA rose 406% 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 Meva Formwork Systems 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 | ₹84.36 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹24.18 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 Meva Formwork Systems Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.4% | •••• | •••• | •••• | •••• |
| 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 Meva Formwork Systems are in the company report.
Financial statements from 2015
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 Meva Formwork Systems Private Limited
Meva Formwork Systems Private Limited is compared with the companies closest to it by revenue in the Infrastructure industry (Consulting Services, Engineering Procurement and Construction, Project Management). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Opsis Projects India Private Limited | ₹69.08 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Delhi, India |
| Experience Platform Private Limited | ₹69.07 Cr (FY 2025) | •••• | •••• | 1026.0% | •••• | Gurgaon, Haryana, India |
| Devadhipatih Services Private Limited | ₹68.98 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | Mumbai, Maharashtra, India |
| Lumbini Education Private Limited | ₹68.77 Cr (FY 2025) | •••• | •••• | 141.0% | •••• | Jaipur, Rajasthan, India |
| Decimal Point Analytics Private Limited | ₹68.72 Cr (FY 2024) | •••• | •••• | 16.0% | •••• | Mumbai, Maharashtra, India |
| Meva Formwork Systems Private Limited this company | ₹68.6 Cr (FY 2025) | •••• | •••• | 120.0% | •••• | Thane, Maharashtra, India |
| Daiwa Corporate Advisory India Private Limited | ₹68.52 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | Bangalore, Karnataka, India |
| Ultravera Industries Private Limited | ₹68.47 Cr (FY 2023) | •••• | •••• | 169.0% | •••• | Ahmedabad, Gujarat, India |
| Beicip-Franlab India Private Limited | ₹68.21 Cr (FY 2025) | •••• | •••• | 381.0% | •••• | New Delhi, Delhi, India |
| Flowline Systems Private Limited | ₹68.05 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | New Panvel, Maharashtra, India |
| Ven Consulting India Private Limited | ₹68.01 Cr (FY 2025) | •••• | •••• | 35.0% | •••• | Bengaluru, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Meva Formwork Systems by revenue in the Infrastructure industry (Consulting Services, Engineering Procurement and Construction, Project Management), 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 Meva Formwork Systems Private Limited
Meva Formwork Systems Private Limited is audited by V N S S & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| V N S S & 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 Meva Formwork Systems Private Limited
Meva Formwork Systems has 4 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Himanshu Joshi | Director | 18 Jul 2025 | 1 Years 2 Months | Current |
| Tarcyzjusz Wojciech Frohlich | Director | 01 Jun 2021 | 5 Years 4 Months | Current |
| Abhijit Ashok Acharya | Director | 18 Mar 2024 | 2 Years 6 Months | Current |
| Florian Friedrich Dingler | Director | 20 Oct 2009 | 16 Years 11 Months | Current |
Ownership and Shareholding of Meva Formwork Systems 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 Meva Formwork Systems Private Limited
Meva Formwork Systems Private Limited does not have any charges (loans) registered with the Registrar of Companies.
MSME Payment Delays by Meva Formwork Systems Private Limited
Meva Formwork Systems Private Limited has 3 MSME Form 1 returns on record between 2019 and 2022, listing 67 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)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Maac Scaffolding Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Pramod S Shah & Associates | •••• | •••• | •••• |
| Akbar Travels of India Private Limited | •••• | •••• | •••• |
| Eastman Impex | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 3 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Meva Formwork Systems Private Limited
Meva Formwork Systems Private Limited has a workforce of 22 employees as of Apr 02, 2024.
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 Meva Formwork Systems Private Limited
Meva Formwork Systems Private Limited has 13 board changes on record since 2009: 4 appointments and 9 cessations. The latest: Himanshu . Joshi ceased to be Additional Director on 29 Sep 2025.
4 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Meva Formwork Systems 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.
Subsidiaries & Group Companies of Meva Formwork Systems 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 Meva Formwork Systems Private Limited
Meva Formwork Systems has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCM8821R1ZP | Maharashtra | Active | 01 Jul 2017 |
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 Meva Formwork Systems 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 Meva Formwork Systems Private Limited
Meva Formwork Systems is an active foreign private limited company based in Thane, Maharashtra, India. The company works in infrastructure project management, within the infrastructure and utilities industry. It was incorporated on 21 January 2009 (17+ years old) and is registered under CIN U51109MH2009FTC189778.
Meva Formwork Systems reported revenue of ₹68.6 Cr for FY 2025 (up 120% YoY).
Meva Formwork Systems has 4 current directors:
- Himanshu Joshi - Director
- Tarcyzjusz Wojciech Frohlich - Director
- Abhijit Ashok Acharya - Director
- Florian Friedrich Dingler - Director
Meva Formwork Systems reported a net profit of ₹24.18 Lakh (net margin 0.4%) and EBITDA of ₹84.36 Lakh (EBITDA margin 1.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Meva Formwork Systems is 62% over three years and 60% over five years. In the latest year (FY 2025) revenue rose 120%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Meva Formwork Systems is 27AAFCM8821R1ZP, registered in Maharashtra.
The CIN (Corporate Identification Number) of Meva Formwork Systems is U51109MH2009FTC189778. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Meva Formwork Systems was incorporated on 21 January 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Meva Formwork Systems by revenue are Opsis Projects India Private Limited, Experience Platform Private Limited, Devadhipatih Services Private Limited, Lumbini Education Private Limited, Decimal Point Analytics Private Limited and 5 more, all in the Infrastructure industry (Consulting Services, Engineering Procurement and Construction, Project Management).
Himanshu . Joshi ceased to be Additional Director on 29 Sep 2025. Himanshu Joshi was appointed as Director on 18 Jul 2025. Abhijit Ashok Acharya was appointed as Director on 18 Mar 2024. Meva Formwork Systems has 13 board changes on record in total.
Meva Formwork Systems has 3 MSME Form 1 returns on record between 2019 and 2022, listing 67 overdue payments to 15 micro and small suppliers. The latest return was filed on 30 Apr 2022.
Meva Formwork Systems can be reached through the website meva.net. Its registered office is in Thane, Maharashtra, India.