Midaas H&A Private Limited
About Midaas H&A Private Limited
Data last updated:
Midaas H&A Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the sports goods segment of the musical instruments sector. It was incorporated on 23 January 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U27200MH1998PTC113206. Its GSTIN is 27AABCM6110F1ZW (Maharashtra).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹3.64 Lakh. It is led by directors Hanish Kanakraj Jain and Amit Lalit Jain.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹24.96 Cr, a growth of 115% compared to the previous year. For the same year it recorded a net profit of ₹3.02 Cr (net margin 12.1%) and EBITDA of ₹4.06 Cr (EBITDA margin 16.3%). Revenue has grown at a compounded annual rate (CAGR) of 94% over three years and 39% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
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- WebsiteLocked
- Social MediaLocked
- Registered AddressFloor 2/57 Sidhpura Industrial Estate, S V Road Near Kamat Club, Mumbai, Maharashtra, India – 400104
- IndustryMusical Instruments, Sports Goods, Musical Instrument, Manufacturing, Jewellery
- 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
- One PDF report, delivered after checkout
Business Activity of Midaas H&A Private Limited
The main business activity of Midaas H&A is manufacturing. In detail, this covers other manufacturing.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | 32 | Other manufacturing | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Midaas H&A Private Limited FY 2025 filings available
Midaas H&A Private Limited reported revenue of ₹24.96 Cr (up 115% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Midaas H&A Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 39% over five years, including 115% growth 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 of Midaas H&A Private Limited
| 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 | ₹4.06 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.02 Cr | •••• | •••• | •••• | •••• |
| 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 of Midaas H&A Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 16.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 12.1% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Midaas H&A are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Midaas H&A Private Limited
Midaas H&A Private Limited is compared with the companies closest to it by revenue in the Consumer Products industry (Jewellery and Gems Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ankur Jewelarts Private Limited | ₹25.16 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Meerut, Uttar Pradesh, India |
| Prem Gold Private Limited | ₹25.13 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Pune, Maharashtra, India |
| Haritsons Designs Private Limited | ₹25.08 Cr (FY 2024) | •••• | •••• | -6.0% | •••• | Kolkata, West Bengal, India |
| Shree Lalateshwari Buildwell Private Limited | ₹25.08 Cr (FY 2024) | •••• | •••• | -32.0% | •••• | Meerut, Uttar Pradesh, India |
| Shah Brothers Diamonds Private Limited | ₹25.07 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Mumbai, Maharashtra, India |
| Midaas H&A Private Limited this company | ₹24.96 Cr (FY 2025) | •••• | •••• | 115.0% | •••• | Mumbai, Maharashtra, India |
| Kiranmani Diamonds Private Limited | ₹24.89 Cr (FY 2016) | •••• | •••• | -11.0% | •••• | Mumbai, Maharashtra, India |
| Kaveri Jewellers Private Limited | ₹24.83 Cr (FY 2024) | •••• | •••• | 6.0% | •••• | Mumbai, Maharashtra, India |
| Daeiou Jewels Private Limited | ₹24.78 Cr (FY 2025) | •••• | •••• | 32.0% | •••• | Dindigul, Tamil Nadu, India |
| Parshva Enterprises Limited Listed | ₹24.78 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Vada, Maharashtra, India |
| Jalgaon Jewellers Private Limited | ₹24.74 Cr (FY 2025) | •••• | •••• | 79.0% | •••• | Indore, Madhya Pradesh, India |
Peers are the five companies nearest above and the five nearest below Midaas H&A by revenue in the Consumer Products industry (Jewellery and Gems Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Midaas H&A Private Limited
Midaas H&A Private Limited is audited by H K LAD & CO for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| H K LAD & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Midaas H&A Private Limited
Midaas H&A has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hanish Kanakraj Jain Also directs: Mastermidas Gold LLP, Shentracon Chemicals Ltd | Director | 26 Mar 2012 | 14 Years 6 Months | Current |
| Amit Lalit Jain Also directs: Mastermidas Gold LLP, Shentracon Chemicals Ltd | Director | 26 Mar 2012 | 14 Years 6 Months | Current |
Ownership and Shareholding of Midaas H&A Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Midaas H&A Private Limited
Midaas H&A Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Midaas H&A Private Limited
Employment history and EPFO contributions of people linked to Midaas H&A.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Midaas H&A Private Limited
Midaas H&A Private Limited has 6 board changes on record since 2009: 2 appointments and 4 cessations. The latest: Narendra Athnikar Manohar ceased to be Director on 01 Apr 2013.
Credit Ratings, Litigation & Regulatory Alerts for Midaas H&A Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Midaas H&A Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Midaas H&A Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Midaas H&A Private Limited
Midaas H&A has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCM6110F1ZW | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Midaas H&A Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Midaas H&A Private Limited
Midaas H&A is an active private limited company based in Mumbai, Maharashtra, India. The company works in sports goods, within the musical instruments industry. It was incorporated on 23 January 1998 (28+ years old) and is registered under CIN U27200MH1998PTC113206.
Midaas H&A reported revenue of ₹24.96 Cr for FY 2025 (up 115% YoY).
Midaas H&A has 2 current directors:
- Hanish Kanakraj Jain - Director
- Amit Lalit Jain - Director
Midaas H&A reported a net profit of ₹3.02 Cr (net margin 12.1%) and EBITDA of ₹4.06 Cr (EBITDA margin 16.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Midaas H&A is 94% over three years and 39% over five years. In the latest year (FY 2025) revenue rose 115%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Midaas H&A is 27AABCM6110F1ZW, registered in Maharashtra.
The CIN (Corporate Identification Number) of Midaas H&A is U27200MH1998PTC113206. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Midaas H&A was incorporated on 23 January 1998, making it 28+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Midaas H&A by revenue are Ankur Jewelarts Private Limited, Prem Gold Private Limited, Haritsons Designs Private Limited, Shree Lalateshwari Buildwell Private Limited, Shah Brothers Diamonds Private Limited and 5 more, all in the Consumer Products industry (Jewellery and Gems Retail and Distribution).
Narendra Athnikar Manohar ceased to be Director on 01 Apr 2013. Amit Lalit Jain was appointed as Director on 26 Mar 2012. Hanish Kanakraj Jain was appointed as Director on 26 Mar 2012. Midaas H&A has 6 board changes on record in total.
The registered office of Midaas H&A is at Floor 257 Sidhpura Industrial Estate, S V Road Near Kamat Club, Mumbai, Maharashtra, India – 400104.