- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-23-0004513

MHS Technology Private Limited
About MHS Technology Private Limited
Data last updated:
MHS Technology Private Limited is a private limited company based in Nashik, Maharashtra, India. It operates in the materials retail and distribution segment of the metals and mining sector. It was incorporated on 18 June 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29248MH2010PTC204440. Its GSTIN is 27AAGCM7431A1ZR (Maharashtra).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹13 Lakh. It is led by directors Hemant Laxman Nagarsulkar and Mallikarjun Madgondappa Umadi.
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 B 12 Spring Field Tower Savarkar Nagar Gangapur Road, Nashik, Maharashtra, India – 422013.
As per the financials filed for FY 2022, the company reported a revenue of ₹5.22 Lakh, a decline of 93% compared to the previous year. For the same year it recorded a net loss of ₹7.09 Lakh (net margin -135.7%) and EBITDA of -₹1.95 Lakh (EBITDA margin -37.4%). Revenue has declined at a compounded annual rate (CAGR) of 75% over three years and 57% over five years.
As per MCA filings, the company has satisfied charges of ₹60 Lakh on record. Court records list 1 case involving the company, including 1 filed against it.
MHS Technology Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-23-0004513). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of MHS Technology
Contact details
MHS Technology Private Limited's registered office is in Nashik, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressB 12 Spring Field Tower Savarkar Nagar Gangapur Road, Nashik, Maharashtra, India – 422013
- IndustryMetals and Minerals, Materials Retail & Distribution
To see the full contact details of MHS Technology 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 MHS Technology Private Limited
FY 2025 filings availableMHS Technology Private Limited reported revenue of ₹5.22 Lakh (down 93% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 57% over five years, including a 93% 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 | ₹5.22 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹1.95 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹7.09 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -37.4% | ||||
| Net Profit Margin | -135.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| 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 MHS Technology Private Limited, buy the company report.
Board of directors of MHS Technology Private Limited
MHS Technology 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 |
|---|---|---|---|---|
| Hemant Laxman Nagarsulkar | Director | 18 Jun 2010 | 16 Years 4 Months | Current |
| Mallikarjun Madgondappa Umadi Also directs: Sipra Engineers Private Limited | Director | 18 Jun 2010 | 16 Years 4 Months | Current |
Auditor
MHS Technology Private Limited is audited by PANKAJ KULKARNI & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PANKAJ KULKARNI & ASSOCIATES | FY 2022 | 156337W |
Shareholding
The shareholding of MHS Technology Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of MHS Technology Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 May 2012 | 10360638 | Corporation Bank | ₹60 Lakh | Satisfied |
To see the full charge records of MHS Technology Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
MHS Technology Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Mumbai | Court case (COMP.APPL) | Filed against the company by an individual | Disposed |
To see the full case history of MHS Technology 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 MHS Technology Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
MHS Technology has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCM7431A1ZR | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of MHS Technology Private Limited, buy the company report.
Recent activity
MHS Technology Private Limited has 3 board changes on record since 2010: 2 appointments and 1 cessation. The latest: Sanjeevkumar Kurubkhelge ceased to be Director on 17 Jul 2015.
Frequently asked questions
MHS Technology is an active private limited company based in Nashik, Maharashtra, India. The company works in materials retail and distribution, within the metals and minerals industry. It was incorporated on 18 June 2010 (16+ years old) and is registered under CIN U29248MH2010PTC204440.
MHS Technology has 2 current directors:
- Hemant Laxman Nagarsulkar - Director
- Mallikarjun Madgondappa Umadi - Director
The latest financial statements of MHS Technology 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 MHS Technology is 27AAGCM7431A1ZR, registered in Maharashtra.
The CIN (Corporate Identification Number) of MHS Technology is U29248MH2010PTC204440. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MHS Technology has 1 court case on record: 1 filed against it.
MHS Technology was incorporated on 18 June 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
Sanjeevkumar Kurubkhelge ceased to be Director on 17 Jul 2015. Hemant Laxman Nagarsulkar was appointed as Director on 18 Jun 2010. Mallikarjun Madgondappa Umadi was appointed as Director on 18 Jun 2010.
Yes, MHS Technology is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-23-0004513).
The registered office of MHS Technology is at B 12 Spring Field Tower Savarkar Nagar Gangapur Road, Nashik, Maharashtra, India – 422013.

