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Mihir Machine Tools (Gujarat) Private Limited - machinery and equipment in Lodhika, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹9.55 Cr
▲ 82% YoY
Net profit · FY 2025
₹2.67 Lakh
Net margin 0.3%
EBITDA · FY 2025
₹34.17 Lakh
EBITDA margin 3.6%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹1.73 Cr
Satisfied ₹40 Lakh
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings
About Mihir Machine Tools (Gujarat) Private Limited
Data last updated:
Mihir Machine Tools (Gujarat) Private Limited is a private limited company based in Lodhika, Gujarat, India, recognised as a startup by DPIIT. It operates in the industrial machine tools segment of the machinery and industrial equipment sector. It was incorporated on 08 August 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29309GJ2017PTC098616. Its GSTIN is 24AALCM2517J1ZG (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Anilkumar Veljibhai Dusara and Bhavin Anilkumar Dusara.
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 Lodhika, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹9.55 Cr, a growth of 82% compared to the previous year. For the same year it recorded a net profit of ₹2.67 Lakh (net margin 0.3%) and EBITDA of ₹34.17 Lakh (EBITDA margin 3.6%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 11% over five years.
As per MCA filings, the company has open charges of ₹1.73 Cr and satisfied charges of ₹40 Lakh on record.
Mihir Machine Tools (Gujarat) Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-20-0001747). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mihirlathe.com.
Company details
CIN U29309GJ2017PTC098616
Registration Number 098616
Incorporation Date 08 August 2017
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-GJ-20-0001747
Recognitions & Rankings of Mihir Machine Tools (Gujarat)
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-20-0001747
Contact details
Mihir Machine Tools (Gujarat) Private Limited's registered office is in Lodhika, Gujarat. Its website is mihirlathe.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressDharti Gate Survey No 34, Plot No 7 Shapar Veraval, Lodhika, Gujarat, India – 360024
- IndustryMachinery and Equipment, Industrial Machine Tools
To see the full contact details of Mihir Machine Tools (Gujarat) Private Limited, buy the company report.
Comprehensive company report
Mihir Machine Tools (Gujarat) 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 Mihir Machine Tools (Gujarat) 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 Mihir Machine Tools (Gujarat) Private Limited, buy the company report.
Financials of Mihir Machine Tools (Gujarat) Private Limited
FY 2025 filings availableMihir Machine Tools (Gujarat) Private Limited reported revenue of ₹9.55 Cr (up 82% YoY) for FY 2025.
Revenue · FY 2025
₹9.55 Cr ▲ 82%
Net profit · FY 2025
₹2.67 Lakh margin 0.3%
EBITDA · FY 2025
₹34.17 Lakh margin 3.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 82%
3 years · compounded
▲ 5%
5 years · compounded
▲ 11%
EBITDA CAGR growth
1 year
▲ 77%
3 years · compounded
▲ 9%
5 years · compounded
▲ 19%
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 82% growth in the latest year. EBITDA rose 77% 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 |
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| Total Expenses | |||||
| EBITDA | ₹34.17 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.67 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.6% | ||||
| Net Profit Margin | 0.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Mihir Machine Tools (Gujarat) Private Limited, buy the company report.
Board of directors of Mihir Machine Tools (Gujarat) Private Limited
Mihir Machine Tools (Gujarat) has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anilkumar Veljibhai Dusara | Director | 08 Aug 2017 | 9 Years 2 Months | Current |
| Bhavin Anilkumar Dusara | Director | 08 Aug 2017 | 9 Years 2 Months | Current |
Auditor
Mihir Machine Tools (Gujarat) Private Limited is audited by SADP & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SADP & CO. | FY 2023 | 112625W |
Shareholding
The shareholding of Mihir Machine Tools (Gujarat) Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mihir Machine Tools (Gujarat) Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.73 Cr
Satisfied charges
₹40 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Aug 2020 | 100363980 | Hdfc Bank Limited | ₹1.67 Cr | Open | |
| 31 Oct 2019 | 100303968 | Hdfc Bank Limited | ₹6.05 Lakh | Open | |
| 25 Oct 2017 | 100135738 | State Bank of India | ₹40 Lakh | Satisfied |
To see the full charge records of Mihir Machine Tools (Gujarat) Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Mihir Machine Tools (Gujarat) 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 Mihir Machine Tools (Gujarat) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mihir Machine Tools (Gujarat) has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AALCM2517J1ZG | Gujarat | Active | 30 Oct 2017 |
To see the full GST registrations and return filing status of Mihir Machine Tools (Gujarat) Private Limited, buy the company report.
Recent activity
Mihir Machine Tools (Gujarat) Private Limited has 4 board changes on record since 2017: 3 appointments and 1 cessation. The latest: Ravi Anilkumar Dusara ceased to be Director on 30 Jan 2023.
AGM
Mihir Machine Tools (Gujarat) Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Mihir Machine Tools (Gujarat) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Ravi Anilkumar Dusara ceased to be Director.
Appointed
Ravi Anilkumar Dusara was appointed as Director.
Charges
A charge registered on 25 Oct 2017 via Charge ID 100135738 with State Bank Of India was fully satisfied on 05 Sep 2020.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 166.82 Lakh with Charge ID 100363980 was registered on 29 Aug 2020.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 6.05 Lakh with Charge ID 100303968 was registered on 31 Oct 2019.
Charges
A charge with State Bank Of India amounted to Rs. 40.00 Lakh with Charge ID 100135738 was registered on 25 Oct 2017.
Appointed
Anilkumar Veljibhai Dusara was appointed as Director.
Appointed
Bhavin Anilkumar Dusara was appointed as Director.
Incorporation
08 Aug 2017
Mihir Machine Tools (Gujarat) Private Limited was registered on 08 Aug 2017 with Roc Ahmedabad & aged 9 years 2 months as per MCA records.
Frequently asked questions
Mihir Machine Tools (Gujarat) is an active private limited company based in Lodhika, Gujarat, India. The company works in industrial machine tools, within the machinery and equipment industry. It was incorporated on 08 August 2017 (9+ years old) and is registered under CIN U29309GJ2017PTC098616.
Mihir Machine Tools (Gujarat) has 2 current directors:
- Anilkumar Veljibhai Dusara - Director
- Bhavin Anilkumar Dusara - Director
The latest financial statements of Mihir Machine Tools (Gujarat) 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 2018 are in the company report.
The GSTIN of Mihir Machine Tools (Gujarat) is 24AALCM2517J1ZG, registered in Gujarat.
The CIN (Corporate Identification Number) of Mihir Machine Tools (Gujarat) is U29309GJ2017PTC098616. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mihir Machine Tools (Gujarat) was incorporated on 08 August 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Ravi Anilkumar Dusara ceased to be Director on 30 Jan 2023. Ravi Anilkumar Dusara was appointed as Director on 31 Jan 2021. Anilkumar Veljibhai Dusara was appointed as Director on 08 Aug 2017. Mihir Machine Tools (Gujarat) has 4 board changes on record in total.
Yes, Mihir Machine Tools (Gujarat) is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Mihir Machine Tools (Gujarat) is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-20-0001747).
Mihir Machine Tools (Gujarat) can be reached through the website mihirlathe.com. Its registered office is in Lodhika, Gujarat, India.