MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-33-0305549
Mhatre Spices India Private Limited - food and beverages in Navi Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹50.21 Lakh
▼ 10% YoY
Net loss · FY 2024
₹4.93 Lakh
Net margin -9.8%
EBITDA · FY 2024
-₹3.93 Lakh
EBITDA margin -7.8%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹24 Lakh
Secured borrowings
Company age
13 yrs
Est. 2013
Directors on board
3
As per MCA filings
About Mhatre Spices India Private Limited
Data last updated:
Mhatre Spices India Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the spice manufacturing and distribution segment of the food and beverages sector. It was incorporated on 20 March 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2013PTC241174. Its GSTIN is 27AAICM5467C1ZD (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Madhumati Dhondu Mhatre and Dhondu Dharma Mhatre.
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 198/02 Dharmaraj Near Ram Bharose Hotel At: Gothivali Village Post: Ghansoli, Navi Mumbai, Maharashtra, India – 400701.
As per the financials filed for FY 2024, the company reported a revenue of ₹50.21 Lakh, a decline of 10% compared to the previous year. For the same year it recorded a net loss of ₹4.93 Lakh (net margin -9.8%) and EBITDA of -₹3.93 Lakh (EBITDA margin -7.8%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 14% over five years.
As per MCA filings, the company has open charges of ₹24 Lakh on record.
Mhatre Spices India Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0305549). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mhatrespices.com.
Company details
CIN U74999MH2013PTC241174
Registration Number 241174
Incorporation Date 20 March 2013
ROC Mumbai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-33-0305549
Key People
Madhumati Dhondu Mhatre Director Dhondu Dharma Mhatre Director Rohan Dhondu Mhatre Director Recognitions & Rankings of Mhatre Spices India
Contact details
Mhatre Spices India Private Limited's registered office is in Navi Mumbai, Maharashtra. Its website is mhatrespices.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address198/02 Dharmaraj Near Ram Bharose Hotel At: Gothivali Village Post: Ghansoli, Navi Mumbai, Maharashtra, India – 400701
- IndustryFood and Beverages, Spice Manufacturing & Distribution
To see the full contact details of Mhatre Spices India Private Limited, buy the company report.
Comprehensive company report
Mhatre Spices India 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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Business activity
The main business activity of Mhatre Spices India is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale trade, except of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of Mhatre Spices India Private Limited, buy the company report.
Financials of Mhatre Spices India Private Limited
FY 2025 filings availableMhatre Spices India Private Limited reported revenue of ₹50.21 Lakh (down 10% YoY) for FY 2024.
Revenue · FY 2024
₹50.21 Lakh ▼ 10%
Net loss · FY 2024
₹4.93 Lakh margin -9.8%
EBITDA · FY 2024
-₹3.93 Lakh margin -7.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 10%
3 years · compounded
▲ 3%
5 years · compounded
▲ 14%
EBITDA CAGR growth
1 year
▲ 8%
3 years · compounded
▼ 6%
5 years · compounded
▼ 72%
Revenue fell 10% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 14%. EBITDA rose 8% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | -₹3.93 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹4.93 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -7.8% | ||||
| Net Profit Margin | -9.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Quick Ratio | |||||
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| 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 Mhatre Spices India Private Limited, buy the company report.
Board of directors of Mhatre Spices India Private Limited
Mhatre Spices India has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Madhumati Dhondu Mhatre Also directs: Madhumati Enterprises Private Limited | Director | 20 Mar 2013 | 13 Years 7 Months | Current |
| Dhondu Dharma Mhatre | Director | 20 Mar 2013 | 13 Years 7 Months | Current |
| Rohan Dhondu Mhatre | Director | 20 Mar 2013 | 13 Years 7 Months | Current |
Auditor
Mhatre Spices India Private Limited is audited by PATIL & MHATRE for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PATIL & MHATRE | FY 2020 | 136420W |
Shareholding
The shareholding of Mhatre Spices India Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Mhatre Spices India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹24 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Feb 2014 | 10484369 | Union Bank of India | ₹24 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Mhatre Spices India Private 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 Mhatre Spices India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mhatre Spices India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICM5467C1ZD | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mhatre Spices India Private Limited, buy the company report.
Recent activity
Mhatre Spices India Private Limited has 3 board changes on record since 2013: 3 appointments. The latest: Dhondu Dharma Mhatre was appointed as Director on 20 Mar 2013.
AGM
Mhatre Spices India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Mhatre Spices India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai Ii.
Charges
A charge with Union Bank Of India amounted to Rs. 24.00 Lakh with Charge ID 10484369 was registered on 20 Feb 2014.
Appointed
Dhondu Dharma Mhatre was appointed as Director.
Appointed
Madhumati Dhondu Mhatre was appointed as Director.
Appointed
Rohan Dhondu Mhatre was appointed as Director.
Incorporation
20 Mar 2013
Mhatre Spices India Private Limited was registered on 20 Mar 2013 with Roc Mumbai Ii & aged 13 years 7 months as per MCA records.
Frequently asked questions
Mhatre Spices India is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in spice manufacturing and distribution, within the food and beverages industry. It was incorporated on 20 March 2013 (13+ years old) and is registered under CIN U74999MH2013PTC241174.
Mhatre Spices India has 3 current directors:
- Madhumati Dhondu Mhatre - Director
- Dhondu Dharma Mhatre - Director
- Rohan Dhondu Mhatre - Director
The latest financial statements of Mhatre Spices India 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 Mhatre Spices India is 27AAICM5467C1ZD, registered in Maharashtra.
The CIN (Corporate Identification Number) of Mhatre Spices India is U74999MH2013PTC241174. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mhatre Spices India was incorporated on 20 March 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.
Dhondu Dharma Mhatre was appointed as Director on 20 Mar 2013. Madhumati Dhondu Mhatre was appointed as Director on 20 Mar 2013. Rohan Dhondu Mhatre was appointed as Director on 20 Mar 2013.
Yes, Mhatre Spices India is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-33-0305549).
Mhatre Spices India can be reached through the website mhatrespices.com. Its registered office is in Navi Mumbai, Maharashtra, India.
The registered office of Mhatre Spices India is at 19802 Dharmaraj Near Ram Bharose Hotel At: Gothivali Village Post: Ghansoli, Navi Mumbai, Maharashtra, India – 400701.
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