Mikado Enterprise Private Limited

Mikado Enterprise Private Limited - machinery and equipment in Modasa, Gujarat, India. FY 2026 financials & compliance.
CIN U51100GJ2005PTC045510 Incorporated 17 February 2005 ROC Ahmedabad HQ Modasa, Gujarat, India
Active Private Limited Company machinery and equipment
Data last updated
Revenue · FY 2024
₹54.86 Lakh
▲ 89% YoY
Net loss · FY 2024
₹55,194
Net margin -1%
EBITDA · FY 2024
-₹46,692
EBITDA margin -0.9%
Authorised capital
₹16 Lakh
Registered with MCA
Paid-up capital
₹16 Lakh
Issued & subscribed
Satisfied charges
₹2.34 Cr
No open charges
Company age
21 yrs
Est. 2005
Employees · EPFO
5
Provident fund records

About Mikado Enterprise Private Limited

Data last updated:

Mikado Enterprise Private Limited is a private limited company based in Modasa, Gujarat, India. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 17 February 2005 and has been in existence for over 21 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51100GJ2005PTC045510. Its GSTIN is 24AAECM1836D1ZW (Gujarat).

The company has an authorised share capital of ₹16 Lakh and a paid-up capital of ₹16 Lakh. It is led by directors Bhaveshkumar Kantilal Suthar (Whole-Time Director) and Rajani Bhaveshkumar Suthar.

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 Plot No.77 GIDC Ganeshpur, Modasa, Gujarat, India – 383315.

As per the financials filed for FY 2024, the company reported a revenue of ₹54.86 Lakh, a growth of 89% compared to the previous year. For the same year it recorded a net loss of ₹55,194 (net margin -1%) and EBITDA of -₹46,692 (EBITDA margin -0.9%). Revenue has declined at a compounded annual rate (CAGR) of 16% over three years and 28% over five years.

The company has about 5 employees on its provident fund (EPFO) records.

As per MCA filings, the company has satisfied charges of ₹2.34 Cr on record. Court records list 1 case involving the company, including 1 filed against it.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mikadoenterprise.com.

Company Details of Mikado Enterprise Private Limited
CIN U51100GJ2005PTC045510
Registration Number 045510
Incorporation Date 17 February 2005
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
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
    Locked
  • Registered Address
    Plot No.77 GIDC Ganeshpur, Modasa, Gujarat, India – 383315
  • Industry
    Machinery and Equipment, Industrial Tools & Components
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Financials, compliance, directors, charges, ownership and filings for Mikado Enterprise Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Mikado Enterprise Private Limited

The main business activity of Mikado Enterprise is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
CManufacturingC10Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipmentLocked
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Turnover share and past changes in activity are in the company report.

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Financials of Mikado Enterprise Private Limited FY 2025 filings available

Mikado Enterprise Private Limited reported revenue of ₹54.86 Lakh (up 89% YoY) for FY 2024.

Revenue · FY 2024
₹54.86 Lakh ▲ 89%
Net loss · FY 2024
₹55,194 margin -1%
EBITDA · FY 2024
-₹46,692 margin -0.9%

Compounded Annual Growth Rate (CAGR) of Mikado Enterprise Private Limited

Revenue CAGR growth
1 year
▲ 89%
3 years · compounded
▼ 16%
5 years · compounded
▼ 28%
EBITDA CAGR growth
3 years · compounded
▼ 27%
5 years · compounded
▼ 15%

Revenue rose 89% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 28%. 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 Mikado Enterprise Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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-₹46,692••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)-₹55,194••••••••••••••••
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 Mikado Enterprise Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin-0.9%••••••••••••••••
Net Profit Margin-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 Mikado Enterprise are in the company report.

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Financial statements from 2015

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Board of Directors of Mikado Enterprise Private Limited

Mikado Enterprise has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Bhaveshkumar Kantilal SutharWhole-Time Director17 Feb 200521 Years 8 MonthsCurrent
Rajani Bhaveshkumar SutharDirector13 May 20197 Years 5 MonthsCurrent

Peer Comparison of Mikado Enterprise Private Limited

Mikado Enterprise Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Tools and Components). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Danish Steel Cluster Private Limited₹55.65 Lakh (FY 2023)••••••••-91.0%••••Bangalore, Karnataka, India
Ecovest Engineers Private Limited₹55.58 Lakh (FY 2024)••••••••36953.0%••••Noida, Uttar Pradesh, India
Shree Savli Fabricators Private Limited₹55.56 Lakh (FY 2025)••••••••16.0%••••Vadodara, Gujarat, India
Alpine Accsys Private Limited₹55.14 Lakh (FY 2025)••••••••-67.0%••••Thane, Maharashtra, India
Sachi Precisions Private Limited₹54.87 Lakh (FY 2024)••••••••17.0%••••Chennai, Tamil Nadu, India
Mikado Enterprise Private Limited this company₹54.86 Lakh (FY 2024)••••••••89.0%••••Modasa, Gujarat, India
S S Fasteners Private Limited₹54.71 Lakh (FY 2024)••••••••52.0%••••Himachal Pardesh, Himachal Pradesh, India
Sysenso Systems Private Limited₹54.65 Lakh (FY 2023)••••••••-5.0%••••Madipakkam, Chennai, Tamil Nadu, India
Emmkay Gears India Private Limited₹54.37 Lakh (FY 2025)••••••••-16.0%••••Coimbatore, Tamil Nadu, India
Asian Cast and Forgings Private Limited₹54.32 Lakh (FY 2024)••••••••-7.0%••••Ludhiana, Punjab, India
Ivt Controls India Private Limited₹54.13 Lakh (FY 2025)••••••••••••Mumbai, Maharashtra, India

Peers are the five companies nearest above and the five nearest below Mikado Enterprise by revenue in the Machinery and Equipment industry (Tools and Components), 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 Mikado Enterprise Private Limited

Mikado Enterprise Private Limited is audited by KRUNAL THAKKAR & CO for the financial year 2021.

NameStatusAppointment DateCessation Date
KRUNAL THAKKAR & COLockedLockedLocked
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Ownership and Shareholding of Mikado Enterprise Private Limited

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Charges & Borrowings of Mikado Enterprise Private Limited

Open charges
None
Satisfied charges
₹2.34 Cr
Breakdown by lending institutions
Others₹1.34 Cr
Nutan Nagrik Sahakari Bank Limited₹0.40 Cr
Nutan Nagaril Sahakari Bank Ltd₹0.35 Cr
Nutan Nagrik Sahkari Bank Ltd.₹0.15 Cr
Nutan Nagrik Sahakari Bank Ltd.₹0.10 Cr
Latest charge details
DateLenderAmountStatus
18 Jan 2019Others₹54 LakhSatisfied
27 Aug 2015Nutan Nagrik Sahkari Bank Ltd.₹15 LakhSatisfied
29 Jan 2007Nutan Nagrik Sahakari Bank Ltd.₹10 LakhSatisfied
05 Aug 2006Others₹80 LakhSatisfied
05 Aug 2006Nutan Nagrik Sahakari Bank Limited₹40 LakhSatisfied

Total charge records: 6 View all charges

Employees and EPFO Compliance at Mikado Enterprise Private Limited

Mikado Enterprise Private Limited has a workforce of 5 employees as of Apr 07, 2024.

Employee count
5
Active EPFO establishments
1
Employee growth
-61.54%
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Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Mikado Enterprise Private Limited

Mikado Enterprise Private Limited has 8 board changes on record since 2005: 5 appointments and 3 cessations. The latest: Kantilal Vithaldas Suthar ceased to be Whole-Time Director on 23 Aug 2019.

AGM
Mikado Enterprise Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Mikado Enterprise Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge registered on 05 Aug 2006 via Charge ID 10015745 with Others was fully satisfied on 04 May 2022.
Charges
A charge registered on 27 Aug 2015 via Charge ID 10590572 with Nutan Nagrik Sahkari Bank Ltd. was fully satisfied on 02 May 2022.
Ceased
Kantilal Vithaldas Suthar ceased to be Whole-Time Director.
Charges
A charge registered on 18 Jan 2019 via Charge ID 100234888 with Others was fully satisfied on 21 Aug 2019.
Appointed
Rajani Bhaveshkumar Suthar was appointed as Director.
Charges
A charge with Others of Rs. 54.00 Lakh registered on 18 Jan 2019 with Charge ID 100234888 was modified on 06 Mar 2019.
Charges
A charge with Others of Rs. 80.00 Lakh registered on 05 Aug 2006 with Charge ID 10015745 was modified on 06 Mar 2019.
Charges
A charge with Others amounted to Rs. 54.00 Lakh with Charge ID 100234888 was registered on 18 Jan 2019.
Charges
A charge with Nutan Nagrik Sahkari Bank Ltd. amounted to Rs. 15.00 Lakh with Charge ID 10590572 was registered on 27 Aug 2015.
Charges
A charge registered on 29 Jan 2007 via Charge ID 10037574 with Nutan Nagrik Sahakari Bank Ltd. was fully satisfied on 14 Nov 2011.

13 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Mikado Enterprise Private Limited

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MSME Payment Delays by Mikado Enterprise Private Limited

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Subsidiaries & Group Companies of Mikado Enterprise Private Limited

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GST Compliance of Mikado Enterprise Private Limited

Mikado Enterprise has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAECM1836D1ZWGujaratActive01 Jul 2017
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MCA Filings & Documents of Mikado Enterprise Private Limited

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Frequently Asked Questions about Mikado Enterprise Private Limited

Mikado Enterprise is an active private limited company based in Modasa, Gujarat, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 17 February 2005 (21+ years old) and is registered under CIN U51100GJ2005PTC045510.

Mikado Enterprise reported revenue of ₹54.86 Lakh for FY 2024 (up 89% YoY).

Mikado Enterprise has 2 current directors:

Mikado Enterprise reported a net loss of ₹55,194 (net margin -1%) and EBITDA of -₹46,692 (EBITDA margin -0.9%) for FY 2024, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Mikado Enterprise is -16% over three years and -28% over five years. In the latest year (FY 2024) revenue rose 89%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Mikado Enterprise is 24AAECM1836D1ZW, registered in Gujarat.

The CIN (Corporate Identification Number) of Mikado Enterprise is U51100GJ2005PTC045510. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Mikado Enterprise has 1 court case on record: 1 filed against it.

Mikado Enterprise was incorporated on 17 February 2005, making it 21+ years old. It is registered with the Registrar of Companies, Ahmedabad.

The peers of Mikado Enterprise by revenue are Danish Steel Cluster Private Limited, Ecovest Engineers Private Limited, Shree Savli Fabricators Private Limited, Alpine Accsys Private Limited, Sachi Precisions Private Limited and 5 more, all in the Machinery and Equipment industry (Tools and Components).

Kantilal Vithaldas Suthar ceased to be Whole-Time Director on 23 Aug 2019. Rajani Bhaveshkumar Suthar was appointed as Director on 13 May 2019. Jignesh Mahesh Shroff ceased to be Whole-Time Director on 01 Jun 2008. Mikado Enterprise has 8 board changes on record in total.

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