Micon Valves (India) Private Limited

Micon Valves (India) Private Limited - machinery and equipment in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U29120MH1998PTC115287 Incorporated 09 June 1998 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company machinery and equipment MSME · Small
Data last updated
Revenue · FY 2025
₹26.66 Cr
▲ 15% YoY
Net profit · FY 2025
₹39.13 Lakh
Net margin 1.5%
EBITDA · FY 2025
₹1.69 Cr
EBITDA margin 6.3%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹2 Cr
Issued & subscribed
Open charges
₹14.99 Cr
Satisfied ₹11.52 Cr
Company age
28 yrs
Est. 1998
Directors on board
2
As per MCA filings

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

CIN U29120MH1998PTC115287
Registration Number 115287
Incorporation Date 09 June 1998
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-19-0014339

Recognitions & Rankings of Micon Valves (India)

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-MH-19-0014339

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
  • Registered Address
    Wadi Manzil Room No 7 Lady Jamshedji Road Mahim West, Mumbai, Maharashtra, India – 400016
  • Industry
    Machinery and Equipment, Industrial Control Valves & Systems

To see the full contact details of Micon Valves (India) Private Limited, buy the company report.

Comprehensive company report
Micon Valves (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 Micon Valves (India) is manufacturing. In detail, this covers metal and metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC7Metal 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 available

Micon Valves (India) Private Limited reported revenue of ₹26.66 Cr (up 15% YoY) for FY 2025.

Revenue · FY 2025
₹26.66 Cr ▲ 15%
Net profit · FY 2025
₹39.13 Lakh margin 1.5%
EBITDA · FY 2025
₹1.69 Cr margin 6.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 15%
3 years · compounded
▲ 29%
5 years · compounded
▲ 19%
EBITDA CAGR growth
1 year
▼ 6%
3 years · compounded
▲ 17%
5 years · compounded
▲ 6%

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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin6.3%
Net Profit Margin1.5%
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.

Current Directors
NameDesignationAppointment DateTenureStatus
Mohmd Ilyas Mohmdyusuf SheikhManaging Director19 Jun 199828 Years 4 MonthsCurrent
Ishrat Khatoon SheikhDirector19 Jun 199828 Years 4 MonthsCurrent

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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
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 Lakh1.5%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 firmFinancial yearFirm registration number
S W KHAN AND COFY 2024197321

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 categoryFY 2024FY 2023FY 2022FY 2021FY 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

Open charges
₹14.99 Cr
Satisfied charges
₹11.52 Cr
Breakdown by lending institutions
Others₹14.99 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
31 Aug 2024100981667Others₹11.02 CrOpen
20 Jul 2021100464947Others₹20.3 LakhOpen
30 Dec 201410543632Others₹3.77 CrOpen
27 Mar 201410534052Others₹11.02 CrSatisfied
31 Oct 200810168221State Bank of Mysore₹15 LakhSatisfied

To see the full charge records of Micon Valves (India) Private Limited, buy the company report.

Total charge records: 6 View all charges

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)

SupplierAmount dueDue sinceReported 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.

Active EPFO establishments
1

GST

Micon Valves (India) has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AADCM6210C1ZZMaharashtraActive01 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.

AGM
Micon Valves (India) Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge registered on 27 Mar 2014 via Charge ID 10534052 with Others was fully satisfied on 19 Sep 2024.
Charges
A charge with Others amounted to Rs. 11.02 Cr with Charge ID 100981667 was registered on 31 Aug 2024.
Charges
A charge with Others of Rs. 11.02 Cr registered on 27 Mar 2014 with Charge ID 10534052 was modified on 31 Jul 2024.
Filing
Micon Valves (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Others amounted to Rs. 0.20 Cr with Charge ID 100464947 was registered on 20 Jul 2021.
Charges
A charge registered on 31 Oct 2008 via Charge ID 10168221 with State Bank Of Mysore was fully satisfied on 29 Jun 2021.
Charges
A charge with Others of Rs. 3.77 Cr registered on 30 Dec 2014 with Charge ID 10543632 was modified on 31 Mar 2021.
Ceased
Zeenat Parveen Ilyas Shaikh ceased to be Additional Director.
Appointed
Zeenat Parveen Ilyas Shaikh was appointed as Additional Director.
Charges
A charge with Others amounted to Rs. 3.77 Cr with Charge ID 10543632 was registered on 30 Dec 2014.
Charges
A charge with State Bank Of Mysore of Rs. 0.35 Cr registered on 23 Mar 2004 with Charge ID 90160278 was modified on 25 Aug 2014.

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:

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.