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Mhatre Thakur (JV) Private Limited
About Mhatre Thakur (JV) Private Limited
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Mhatre Thakur (JV) Private Limited is a private limited company based in Panvel, Maharashtra, India, a subsidiary of J M Mhatre Infra Private Limited. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 16 June 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45500MH2018PTC310833. Its GSTIN is 27AALCM9131C1ZH (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 Chetan Janardan Mhatre and Sachin Janardhan 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 Comunity Hall Bldg No.7 A.Dwarkamai Gurushranam Complex Vishrali Naka, Panvel, Maharashtra, India – 410206.
As per the financials filed for FY 2025, the company reported a revenue of ₹139.88 Cr. For the same year it recorded a net profit of ₹2.5 Cr (net margin 1.8%) and EBITDA of ₹3.42 Cr (EBITDA margin 2.4%).
Company details
Contact details
Mhatre Thakur (JV) Private Limited's registered office is in Panvel, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressComunity Hall Bldg No.7 A.Dwarkamai Gurushranam Complex Vishrali Naka, Panvel, Maharashtra, India – 410206
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Mhatre Thakur (JV) 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
Business activity
The main business activity of Mhatre Thakur (JV) is construction. In detail, this covers roads, railways, utility projects.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F2 | Roads, railways, Utility projects |
Financials of Mhatre Thakur (JV) Private Limited
FY 2025 filings availableMhatre Thakur (JV) Private Limited reported revenue of ₹139.88 Cr for FY 2025.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹3.42 Cr | ||||
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| Net Profit (PAT) | ₹2.5 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 2.4% | ||||
| Net Profit Margin | 1.8% | ||||
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To see the full financial statements and ratios of Mhatre Thakur (JV) Private Limited, buy the company report.
Board of directors of Mhatre Thakur (JV) Private Limited
Mhatre Thakur (JV) has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chetan Janardan Mhatre Also directs: JMM Infra Projects Private Limited, J M Mhatre Infra Private Limited, Thakur Mhatre Kharpatil Private Limited and 3 more | Director | 31 Mar 2022 | 4 Years 6 Months | Current |
| Sachin Janardhan Mhatre Also directs: JMM Infra Projects Private Limited, J M Mhatre Infra Private Limited, Thakur Mhatre Kharpatil Private Limited and 3 more | Director | 16 Jun 2018 | 8 Years 4 Months | Current |
| Karuturi Dhananjayudu Also directs: Thakur Mhatre Kharpatil Private Limited, Kolhapur Ratnagiri Highways Private Limited, Tipl Jmmipl (JV) Private Limited and 2 more | Director | 16 Jun 2018 | 8 Years 4 Months | Current |
| Bharani Kumar Challagulla Also directs: Thakur Mhatre Kharpatil Private Limited, Kolhapur Ratnagiri Highways Private Limited, Tipl Jmmipl (JV) Private Limited and 1 more | Director | 16 Jun 2018 | 8 Years 4 Months | Current |
Peer comparison
Mhatre Thakur (JV) Private Limited is compared with the 3 companies closest to it by revenue in the Infrastructure industry (Construction Services), with the same principal business activity (roads, railways, utility projects), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shree Kashi Vishwanath Infra Projects Private Limited | ₹141.29 Cr (FY 2025) | -11.0% | Nanded, Maharashtra, India | |||
| Kailashchandra Dilipkumar Constructions Private Limited | ₹141.22 Cr (FY 2025) | 5.0% | Navi Mumbai, Maharashtra, India | |||
| B C Biyani Projects Private Limited | ₹140 Cr (FY 2025) | 2.0% | Mumbai, Maharashtra, India | |||
| Mhatre Thakur (JV) Private Limitedthis company | ₹139.88 Cr (FY 2025) | ₹2.5 Cr | 1.8% | Panvel, Maharashtra, India |
To see the full peer comparison of Mhatre Thakur (JV) Private Limited, buy the company report.
Auditor
Mhatre Thakur (JV) Private Limited is audited by E A PATIL & ASSOCIATES LLP for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| E A PATIL & ASSOCIATES LLP | FY 2020 | 117371W |
Shareholding
The shareholding of Mhatre Thakur (JV) Private Limited is on record for FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Mhatre Thakur (JV) Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Mhatre Thakur (JV) 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 Thakur (JV) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Mhatre Thakur (JV) has 1 associated company. This group structure data is as of FY 2020. The table lists each entity with its relationship and holding.
Employees & EPFO
Mhatre Thakur (JV) Private Limited has 1 active EPFO establishment as of Apr 10, 2024.
GST
Mhatre Thakur (JV) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AALCM9131C1ZH | Maharashtra | Active | 24 Jul 2018 |
To see the full GST registrations and return filing status of Mhatre Thakur (JV) Private Limited, buy the company report.
Recent activity
Mhatre Thakur (JV) Private Limited has 8 board changes on record since 2018: 6 appointments and 2 cessations. The latest: Chetan Janardan Mhatre was appointed as Director on 31 Mar 2022.
Frequently asked questions
Mhatre Thakur (JV) is an active private limited company based in Panvel, Maharashtra, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 16 June 2018 (8+ years old) and is registered under CIN U45500MH2018PTC310833.
Mhatre Thakur (JV) has 4 current directors:
- Chetan Janardan Mhatre - Director
- Sachin Janardhan Mhatre - Director
- Karuturi Dhananjayudu - Director
- Bharani Kumar Challagulla - Director
The latest financial statements of Mhatre Thakur (JV) 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 FY 2019 are in the company report.
The GSTIN of Mhatre Thakur (JV) is 27AALCM9131C1ZH, registered in Maharashtra.
The CIN (Corporate Identification Number) of Mhatre Thakur (JV) is U45500MH2018PTC310833. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mhatre Thakur (JV) was incorporated on 16 June 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Mhatre Thakur (JV) by revenue are Shree Kashi Vishwanath Infra Projects Private Limited, Kailashchandra Dilipkumar Constructions Private Limited, B C Biyani Projects Private Limited, all in the Infrastructure industry (Construction Services), with the same principal business activity (roads, railways, utility projects).
Chetan Janardan Mhatre was appointed as Director on 31 Mar 2022. Sunil Dagadu Mhaskar ceased to be Director on 31 Mar 2022. Sunil Dagadu Mhaskar was appointed as Director on 05 Oct 2018. Mhatre Thakur (JV) has 8 board changes on record in total.
The registered office of Mhatre Thakur (JV) is at Comunity Hall Bldg No.7 A.Dwarkamai Gurushranam Complex Vishrali Naka, Panvel, Maharashtra, India – 410206.
Mhatre Thakur (JV) operates in the infrastructure and utilities industry, in the general construction services segment.
Mhatre Thakur (JV) can be reached at its registered office: Comunity Hall Bldg No.7 A.Dwarkamai Gurushranam Complex Vishrali Naka, Panvel, Maharashtra, India – 410206.