- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-19-0073272

MHST India Private Limited
About MHST India Private Limited
Data last updated:
MHST India Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the paint and coatings segment of the manufacturing sector. It was incorporated on 26 February 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2019PTC321844. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors Kartik Manakchand Rathod and Adhish Manakchand Rathod.
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 C/211 Morya House Premises Chs Ltd Off New Link Road Oshiwara Andheri West, Mumbai, Maharashtra, India – 400053.
As per the financials filed for FY 2023, the company reported a revenue of ₹21.59 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.3 Lakh (net margin 6%) and EBITDA of ₹2.07 Lakh (EBITDA margin 9.6%). Revenue has grown at a compounded annual rate (CAGR) of 36% over three years.
MHST India Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0073272). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of MHST India
Contact details
MHST India Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressC/211 Morya House Premises Chs Ltd Off New Link Road Oshiwara Andheri West, Mumbai, Maharashtra, India – 400053
- IndustryManufacturing, Paint & Coatings
To see the full contact details of MHST India 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 MHST India is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of MHST India Private Limited, buy the company report.
Financials of MHST India Private Limited
FY 2025 filings availableMHST India Private Limited reported revenue of ₹21.59 Lakh (up 852% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 36% over three years, including 852% growth in the latest year. EBITDA rose 26% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹2.07 Lakh | ||||
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| Net Profit (PAT) | ₹1.3 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA Margin | 9.6% | ||||
| Net Profit Margin | 6% | ||||
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To see the full financial statements and ratios of MHST India Private Limited, buy the company report.
Board of directors of MHST India Private Limited
MHST India has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kartik Manakchand Rathod | Director | 26 Feb 2019 | 7 Years 8 Months | Current |
| Adhish Manakchand Rathod | Director | 26 Feb 2019 | 7 Years 8 Months | Current |
Peer comparison
MHST India Private Limited is compared with the 5 companies closest to it by revenue in the Chemicals industry (Chemical Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jatalia Global Ventures Limited | ₹21.71 Lakh (FY 2023) | 395.0% | Delhi, India | |||
| MHST India Private Limitedthis company | ₹21.59 Lakh (FY 2023) | ₹1.3 Lakh | 6% | 852.0% | Mumbai, Maharashtra, India | |
| R.K.R Plastics Private Limited | ₹21.42 Lakh (FY 2025) | -16.0% | Chennai, Tamil Nadu, India | |||
| Maxxon Lubricants Private Limited | ₹21.33 Lakh (FY 2025) | 3.0% | Ahmedabad, Gujarat, India | |||
| Marvel Hitech Limited | ₹21.29 Lakh (FY 2025) | -2.0% | Ahmedabad, Gujarat, India | |||
| Climipro India Private Limited | ₹21.19 Lakh (FY 2020) | 640.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of MHST India Private Limited, buy the company report.
Auditor
MHST India Private Limited is audited by GOWADIA & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GOWADIA & CO | FY 2022 | 103359W |
Shareholding
The shareholding of MHST India Private Limited is on record for 3 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2019 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of MHST India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving MHST 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 MHST India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
MHST India has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of MHST India Private Limited, buy the company report.
Recent activity
MHST India Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Adhish Manakchand Rathod was appointed as Director on 26 Feb 2019.
Frequently asked questions
MHST India is an active private limited company based in Mumbai, Maharashtra, India. The company works in paint and coatings, within the manufacturing industry. It was incorporated on 26 February 2019 (7+ years old) and is registered under CIN U74999MH2019PTC321844.
MHST India has 2 current directors:
- Kartik Manakchand Rathod - Director
- Adhish Manakchand Rathod - Director
The latest financial statements of MHST 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 FY 2019 are in the company report.
No. MHST India has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of MHST India is U74999MH2019PTC321844. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MHST India was incorporated on 26 February 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of MHST India by revenue are Jatalia Global Ventures Limited, R.K.R Plastics Private Limited, Maxxon Lubricants Private Limited, Marvel Hitech Limited, Climipro India Private Limited, all in the Chemicals industry (Chemical Retail and Distribution), with the same principal business activity (wholesale trading).
Adhish Manakchand Rathod was appointed as Director on 26 Feb 2019. Kartik Manakchand Rathod was appointed as Director on 26 Feb 2019.
Yes, MHST India is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0073272).
The registered office of MHST India is at C211 Morya House Premises Chs Ltd Off New Link Road Oshiwara Andheri West, Mumbai, Maharashtra, India – 400053.
MHST India operates in the manufacturing industry, in the paint and coatings segment.

