Midas Architectural Systems LLP
About Midas Architectural Systems LLP
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Midas Architectural Systems LLP is a limited liability partnership (LLP) based in Mumbai, Maharashtra, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 20 April 2017 and has been in existence for over 9 years.
The LLP is registered with the Registrar of Companies (ROC), Mumbai, under LLPIN AAJ-2210.
The LLP has a total obligation of contribution of ₹10 Lakh. It is led by designated partners Mandan Murji Patel and Hiren Deepak Patel.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at Shop No. 9 Marine Chambers – 39 1st Marine Street, Mumbai, Maharashtra, India – 400020.
As per the financials filed for FY 2022, the LLP reported a revenue of ₹20.75 Cr, a growth of 148% compared to the previous year. For the same year it recorded a net profit of ₹17.84 Lakh (net margin 0.9%) and EBITDA of ₹1.61 Cr (EBITDA margin 7.7%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years.
The LLP has about 38 employees on its provident fund (EPFO) records.
As per MCA filings, the LLP has open charges of ₹2 Cr on record.
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- Registered AddressShop No. 9 Marine Chambers – 39 1st Marine Street, Mumbai, Maharashtra, India – 400020
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
- 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
Financials of Midas Architectural Systems LLP FY 2025 filings available
Midas Architectural Systems LLP reported revenue of ₹20.75 Cr (up 148% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Midas Architectural Systems LLP
Revenue has grown at a compounded annual rate (CAGR) of 26% over three years, including 148% growth in the latest year. EBITDA rose 20% 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 Midas Architectural Systems LLP
| Statement of Account and Solvency | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Income and Expenditure | |||||
| Turnover | ₹20.75 Cr | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Income | •••• | •••• | •••• | •••• | •••• |
| Purchases and Direct Costs | •••• | •••• | •••• | •••• | •••• |
| Personnel Expenses | •••• | •••• | •••• | •••• | •••• |
| Administrative Expenses | •••• | •••• | •••• | •••• | •••• |
| Interest | •••• | •••• | •••• | •••• | •••• |
| Depreciation | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax | •••• | •••• | •••• | •••• | •••• |
| Profit After Tax | ₹17.84 Lakh | •••• | •••• | •••• | •••• |
| Profit Transferred to Partners | •••• | •••• | •••• | •••• | •••• |
| Assets and Liabilities | |||||
| Partners' Contribution | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Secured Loans | •••• | •••• | •••• | •••• | •••• |
| Unsecured Loans | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Other Liabilities and Provisions | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Loans and Advances | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Midas Architectural Systems LLP
| Statement of Account and Solvency | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | 0.9% | •••• | •••• | •••• | •••• |
| Return on Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Return on Assets | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt to Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Turnover Growth | •••• | •••• | •••• | •••• | •••• |
| 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 8. The full year-wise statements and ratios of Midas Architectural Systems are in the company report.
Financial statements from FY 2018
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.
Designated Partners of Midas Architectural Systems LLP
Midas Architectural Systems has 2 current designated partners and 1 former designated partner. Current designated partners are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mandan Murji Patel Also directs: Maharashtra Aluminium and Alloys Private Limited | Designated Partner | 20 Apr 2017 | 9 Years 5 Months | Current |
| Hiren Deepak Patel Also directs: Globextra Commerce LLP | Designated Partner | 20 Apr 2017 | 9 Years 5 Months | Current |
Ownership and Shareholding of Midas Architectural Systems LLP
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 Midas Architectural Systems LLP
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Dec 2019 | Hdfc Bank Limited | ₹2 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Midas Architectural Systems LLP
Midas Architectural Systems LLP has a workforce of 38 employees as of Apr 08, 2024.
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 Midas Architectural Systems LLP
Midas Architectural Systems LLP has 3 designated partner changes on record since 2017: 2 appointments and 1 cessation. The latest: Shraddha Hiren Patel ceased to be Partner on 10 Nov 2017.
Credit Ratings, Litigation & Regulatory Alerts for Midas Architectural Systems LLP
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 Midas Architectural Systems LLP
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 Midas Architectural Systems LLP
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 Midas Architectural Systems LLP
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 Midas Architectural Systems LLP
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 Midas Architectural Systems LLP
Midas Architectural Systems is an active limited liability partnership based in Mumbai, Maharashtra, India. The LLP works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 20 April 2017 (9+ years old) and is registered under LLPIN AAJ-2210.
Midas Architectural Systems reported revenue of ₹20.75 Cr for FY 2022 (up 148% YoY).
Midas Architectural Systems has 2 current designated partners:
- Mandan Murji Patel - Designated Partner
- Hiren Deepak Patel - Designated Partner
Midas Architectural Systems reported a net profit of ₹17.84 Lakh (net margin 0.9%) and EBITDA of ₹1.61 Cr (EBITDA margin 7.7%) for FY 2022, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Midas Architectural Systems is 26% over three years. In the latest year (FY 2022) revenue rose 148%. CAGR is the steady yearly rate that links the first and the last year.
The LLPIN (Limited Liability Partnership Identification Number) of Midas Architectural Systems is AAJ-2210. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Midas Architectural Systems was incorporated on 20 April 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
Shraddha Hiren Patel ceased to be Partner on 10 Nov 2017. Hiren Deepak Patel was appointed as Designated Partner on 20 Apr 2017. Mandan Murji Patel was appointed as Designated Partner on 20 Apr 2017.
The registered office of Midas Architectural Systems is at Shop No. 9 Marine Chambers – 39 1st Marine Street, Mumbai, Maharashtra, India – 400020.
The total obligation of contribution is ₹10 Lakh.