MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-18-0079945
Mihir Synthetics Private Limited
Mihir Synthetics Private Limited - manufacturing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹2.1 Cr
▲ 39% YoY
Net profit · FY 2025
₹2.37 Lakh
Net margin 1.1%
EBITDA · FY 2025
₹3.97 Lakh
EBITDA margin 1.9%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹44.85 Lakh
Issued & subscribed
Open charges
₹1 Cr
Secured borrowings
Company age
22 yrs
Est. 2004
Directors on board
3
As per MCA filings
About Mihir Synthetics Private Limited
Data last updated:
Mihir Synthetics Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 05 April 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17200MH2004PTC145515. Its GSTIN is 27AADCM9198H1ZW (Maharashtra).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹44.85 Lakh. It is led by directors including Pankaj Kanji Gudhka and Mihir Pankaj Gudhka.
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 101 – A Aditya Park 1st Flr C. S. Road Dahisar East, Mumbai, Maharashtra, India – 400068.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.1 Cr, a growth of 39% compared to the previous year. For the same year it recorded a net profit of ₹2.37 Lakh (net margin 1.1%) and EBITDA of ₹3.97 Lakh (EBITDA margin 1.9%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years and 22% over five years.
As per MCA filings, the company has open charges of ₹1 Cr on record.
Mihir Synthetics Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0079945). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U17200MH2004PTC145515
Registration Number 145515
Incorporation Date 05 April 2004
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-18-0079945
Key People
Pankaj Kanji Gudhka Director Suresh Somchand Gutka Additional Director Mihir Pankaj Gudhka Director Recognitions & Rankings of Mihir Synthetics
Contact details
Mihir Synthetics Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address101 – A Aditya Park 1st Flr C. S. Road Dahisar East, Mumbai, Maharashtra, India – 400068
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Mihir Synthetics Private Limited, buy the company report.
Comprehensive company report
Mihir Synthetics 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 Synthetics is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Mihir Synthetics Private Limited, buy the company report.
Financials of Mihir Synthetics Private Limited
FY 2025 filings availableMihir Synthetics Private Limited reported revenue of ₹2.1 Cr (up 39% YoY) for FY 2025.
Revenue · FY 2025
₹2.1 Cr ▲ 39%
Net profit · FY 2025
₹2.37 Lakh margin 1.1%
EBITDA · FY 2025
₹3.97 Lakh margin 1.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 39%
3 years · compounded
▲ 29%
5 years · compounded
▲ 22%
EBITDA CAGR growth
1 year
▲ 138%
3 years · compounded
▼ 25%
5 years · compounded
▼ 15%
Revenue has grown at a compounded annual rate (CAGR) of 22% over five years, including 39% growth in the latest year. EBITDA rose 138% 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 | |||||
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| Total Expenses | |||||
| EBITDA | ₹3.97 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.37 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Inventories | |||||
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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 | 1.9% | ||||
| Net Profit Margin | 1.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Quick Ratio | |||||
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| 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 Mihir Synthetics Private Limited, buy the company report.
Board of directors of Mihir Synthetics Private Limited
Mihir Synthetics has 3 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 |
|---|---|---|---|---|
| Pankaj Kanji Gudhka | Director | 05 Apr 2004 | 22 Years 6 Months | Current |
| Suresh Somchand Gutka | Additional Director | 01 Dec 2011 | 14 Years 10 Months | Current |
| Mihir Pankaj Gudhka | Director | 14 Mar 2022 | 4 Years 7 Months | Current |
Peer comparison
Mihir Synthetics Private Limited is compared with the 4 companies closest to it by revenue in the Manufacturing industry (Chemical Retail and Distribution, Pharma Retail and Distribution, Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Essma Textiles Pvt. Limited | ₹2.1 Cr (FY 2023) | 91.0% | Amritsar, Punjab, India | |||
| Mihir Synthetics Private Limitedthis company | ₹2.1 Cr (FY 2025) | ₹2.37 Lakh | 1.1% | 39.0% | Mumbai, Maharashtra, India | |
| Tistaa Studio Private Limited | ₹2.1 Cr (FY 2024) | 237.0% | Mumbai, Maharashtra, India | |||
| Aero Tech Wears Private Limited | ₹2.1 Cr (FY 2024) | -13.0% | Delhi, India | |||
| Ryders Equestrian Products Private Limited | ₹2.1 Cr (FY 2024) | -43.0% | Kanpur, Uttar Pradesh, India |
To see the full peer comparison of Mihir Synthetics Private Limited, buy the company report.
Auditor
Mihir Synthetics Private Limited is audited by H A M AND CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H A M AND CO | FY 2023 | 136368W |
Shareholding
The shareholding of Mihir Synthetics 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 Synthetics Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Sep 2015 | 10595165 | Allahabad Bank | ₹1 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Mihir Synthetics 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 Synthetics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mihir Synthetics has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCM9198H1ZW | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mihir Synthetics Private Limited, buy the company report.
Recent activity
Mihir Synthetics Private Limited has 4 board changes on record since 2004: 3 appointments and 1 cessation. The latest: Mihir Pankaj Gudhka was appointed as Director on 14 Mar 2022.
AGM
Mihir Synthetics Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Mihir Synthetics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Appointed
Mihir Pankaj Gudhka was appointed as Director.
Charges
A charge with Allahabad Bank amounted to Rs. 100.00 Lakh with Charge ID 10595165 was registered on 18 Sep 2015.
Ceased
Hasmukh Ratilal Shah ceased to be Director.
Appointed
Suresh Somchand Gutka was appointed as Additional Director.
Appointed
Pankaj Kanji Gudhka was appointed as Director.
Incorporation
05 Apr 2004
Mihir Synthetics Private Limited was registered on 05 Apr 2004 with Roc Mumbai & aged 22 years 6 months as per MCA records.
Frequently asked questions
Mihir Synthetics is an active private limited company based in Mumbai, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 05 April 2004 (22+ years old) and is registered under CIN U17200MH2004PTC145515.
Mihir Synthetics has 3 current directors:
- Pankaj Kanji Gudhka - Director
- Suresh Somchand Gutka - Additional Director
- Mihir Pankaj Gudhka - Director
The latest financial statements of Mihir Synthetics 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 2015 are in the company report.
The GSTIN of Mihir Synthetics is 27AADCM9198H1ZW, registered in Maharashtra.
The CIN (Corporate Identification Number) of Mihir Synthetics is U17200MH2004PTC145515. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mihir Synthetics was incorporated on 05 April 2004, making it 22+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Mihir Synthetics by revenue are Essma Textiles Pvt. Limited, Tistaa Studio Private Limited, Aero Tech Wears Private Limited, Ryders Equestrian Products Private Limited, all in the Manufacturing industry (Chemical Retail and Distribution, Pharma Retail and Distribution, Textiles), with the same principal business activity (textile, leather and other apparel products).
Mihir Pankaj Gudhka was appointed as Director on 14 Mar 2022. Hasmukh Ratilal Shah ceased to be Director on 01 Dec 2011. Suresh Somchand Gutka was appointed as Additional Director on 01 Dec 2011. Mihir Synthetics has 4 board changes on record in total.
Yes, Mihir Synthetics is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0079945).
The registered office of Mihir Synthetics is at 101 – A Aditya Park 1st Flr C. S. Road Dahisar East, Mumbai, Maharashtra, India – 400068.
Mihir Synthetics operates in the manufacturing industry, in the textile and fabric production segment.
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