- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0014339
About Micon Valves (India) Private Limited
Data last updated:
Micon Valves (India) Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the industrial control valves and systems segment of the machinery and industrial equipment sector. It was incorporated on 09 June 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29120MH1998PTC115287. Its GSTIN is 27AADCM6210C1ZZ (Maharashtra).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹2 Cr. It is led by directors Mohmd Ilyas Mohmdyusuf Sheikh (Managing Director) and Ishrat Khatoon Sheikh.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Wadi Manzil Room No 7 Lady Jamshedji Road Mahim West, Mumbai, Maharashtra, India – 400016.
As per the financials filed for FY 2025, the company reported a revenue of ₹26.66 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹39.13 Lakh (net margin 1.5%) and EBITDA of ₹1.69 Cr (EBITDA margin 6.3%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years and 19% over five years.
As per MCA filings, the company has open charges of ₹14.99 Cr and satisfied charges of ₹11.52 Cr on record. Court records list 39 cases involving the company, including 7 filed by the company and 32 filed against it; 6 cases are pending.
Micon Valves (India) Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0014339). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website miconvalves.in.
Company details
Recognitions & Rankings of Micon Valves (India)
Contact details
Micon Valves (India) Private Limited's registered office is in Mumbai, Maharashtra. Its website is miconvalves.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressWadi Manzil Room No 7 Lady Jamshedji Road Mahim West, Mumbai, Maharashtra, India – 400016
- IndustryMachinery and Equipment, Industrial Control Valves & Systems
To see the full contact details of Micon Valves (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 Micon Valves (India) is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Micon Valves (India) Private Limited, buy the company report.
Financials of Micon Valves (India) Private Limited
FY 2024 filings availableMicon Valves (India) Private Limited reported revenue of ₹26.66 Cr (up 15% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 19% over five years, including 15% growth in the latest year. EBITDA fell 6% 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 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 | ₹1.69 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹39.13 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.3% | ||||
| Net Profit Margin | 1.5% | ||||
| 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 | |||||
To see the full financial statements and ratios of Micon Valves (India) Private Limited, buy the company report.
Board of directors of Micon Valves (India) Private Limited
Micon Valves (India) 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 |
|---|---|---|---|---|
| Mohmd Ilyas Mohmdyusuf Sheikh | Managing Director | 19 Jun 1998 | 28 Years 4 Months | Current |
| Ishrat Khatoon Sheikh | Director | 19 Jun 1998 | 28 Years 4 Months | Current |
Peer comparison
Micon Valves (India) Private Limited is compared with the 5 companies closest to it by revenue in the Machinery and Equipment industry (Control Valves), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Flowjet Valves Private Limited | ₹26.89 Cr (FY 2024) | 1.0% | Ahmedabad, Gujarat, India | |||
| Fluidline-Exacta International Private Limited | ₹26.83 Cr (FY 2024) | 47.0% | Mumbai, Maharashtra, India | |||
| Sagar Valve Private Limited | ₹26.8 Cr (FY 2024) | -2.0% | Chhapara, Gujarat, India | |||
| Micon Valves (India) Private Limitedthis company | ₹26.66 Cr (FY 2025) | ₹39.13 Lakh | 1.5% | 15.0% | Mumbai, Maharashtra, India | |
| Darling Muesco (India) Private Limited | ₹25.99 Cr (FY 2024) | 14.0% | Ahmedabad, Gujarat, India | |||
| Jayant Engineering and Marketing Pvt Ltd | ₹25.57 Cr (FY 2025) | 16.0% | Gandhinagar, Gujarat, India |
To see the full peer comparison of Micon Valves (India) Private Limited, buy the company report.
Auditor
Micon Valves (India) Private Limited is audited by S W KHAN AND CO for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S W KHAN AND CO | FY 2024 | 197321 |
Shareholding
The shareholding of Micon Valves (India) Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Micon Valves (India) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Aug 2024 | 100981667 | Others | ₹11.02 Cr | Open | |
| 20 Jul 2021 | 100464947 | Others | ₹20.3 Lakh | Open | |
| 30 Dec 2014 | 10543632 | Others | ₹3.77 Cr | Open | |
| 27 Mar 2014 | 10534052 | Others | ₹11.02 Cr | Satisfied | |
| 31 Oct 2008 | 10168221 | State Bank of Mysore | ₹15 Lakh | Satisfied |
To see the full charge records of Micon Valves (India) Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Micon Valves (India) Private Limited has 39 court cases on record: 7 filed by Micon Valves (India), 32 filed against it. 6 cases are pending and 33 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 35 | 28 | 5 |
| High courts | 4 | 4 | 1 |
Cases on record (5 of 39)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by M/S Auma India Pvt Ltd | Pending |
| District court, Faridabad, Haryana | Execution petition | Filed against the company by M/S Limitorque India Ltd. | Disposed |
| District court, BENGALURU, Karnataka | Execution petition | Filed against the company by M/S Auma India Pvt Ltd | Disposed |
| District court, BENGALURU, Karnataka | Interim or miscellaneous application | Filed by the company against M/S Auma India Pvt Ltd | Disposed |
| District court, Faridabad, Haryana | Court case (C S) | Filed against the company by Limitorque India Ltd | Disposed |
To see the full case history of Micon Valves (India) 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
Micon Valves (India) Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 18 overdue payments to 9 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 9)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Tulip Casting Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| Space Alloys Private Limited | |||
| Micron Industries Private Limited |
To see the full MSME payment records of Micon Valves (India) Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Micon Valves (India) Private Limited has 1 active EPFO establishment as of Apr 06, 2024.
GST
Micon Valves (India) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCM6210C1ZZ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Micon Valves (India) Private Limited, buy the company report.
Recent activity
Micon Valves (India) Private Limited has 4 board changes on record since 1998: 3 appointments and 1 cessation. The latest: Zeenat Parveen Ilyas Shaikh ceased to be Additional Director on 29 Sep 2016.
7 earlier events are in the company report.
Frequently asked questions
Micon Valves (India) is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial control valves and systems, within the machinery and equipment industry. It was incorporated on 09 June 1998 (28+ years old) and is registered under CIN U29120MH1998PTC115287.
Micon Valves (India) has 2 current directors:
- Mohmd Ilyas Mohmdyusuf Sheikh - Managing Director
- Ishrat Khatoon Sheikh - Director
The latest financial statements of Micon Valves (India) on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Micon Valves (India) is 27AADCM6210C1ZZ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Micon Valves (India) is U29120MH1998PTC115287. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Micon Valves (India) has 39 court cases on record: 7 filed by the company and 32 filed against it. 6 are pending. Most are in the district courts.
Micon Valves (India) was incorporated on 09 June 1998, making it 28+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Micon Valves (India) by revenue are Flowjet Valves Private Limited, Fluidline-Exacta International Private Limited, Sagar Valve Private Limited, Darling Muesco (India) Private Limited, Jayant Engineering and Marketing Pvt Ltd, all in the Machinery and Equipment industry (Control Valves), with the same principal business activity (metal and metal products).
Zeenat Parveen Ilyas Shaikh ceased to be Additional Director on 29 Sep 2016. Zeenat Parveen Ilyas Shaikh was appointed as Additional Director on 18 Mar 2016. Ishrat Khatoon Sheikh was appointed as Director on 19 Jun 1998. Micon Valves (India) has 4 board changes on record in total.
Yes, Micon Valves (India) is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0014339).
Micon Valves (India) has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 18 overdue payments to 9 micro and small suppliers. The latest return was filed on 08 Jun 2019.
Micon Valves (India) can be reached through the website miconvalves.in. Its registered office is in Mumbai, Maharashtra, India.

