About Millars Concrete Technologies Private Limited
Data last updated:
Millars Concrete Technologies Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the cement and cement products segment of the manufacturing sector. It was incorporated on 17 June 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29299MH1999PTC120374. Its GSTIN is 27AACCP3992M1ZT (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹75 Cr and a paid-up capital of ₹67.79 Cr. It was formerly known as Pedershaab Millars India Private Limited and Pedershaab Acme India Private Limited. It is led by directors including Ashok Jethabhai Patel and Tarak Ashok Patel.
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 Churchgate House 4th Floor 32 – 34 Veer Nariman Road Fort, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2025, the company reported a revenue of ₹54.11 Lakh, a decline of 70% compared to the previous year. For the same year it recorded a net loss of ₹25.29 Lakh (net margin -46.7%) and EBITDA of -₹16.37 Lakh (EBITDA margin -30.3%). Revenue has grown at a compounded annual rate (CAGR) of 44% over three years and 3% over five years.
As per MCA filings, the company has satisfied charges of ₹617.6 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gmmpfaudler.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressChurchgate House 4th Floor 32 – 34 Veer Nariman Road Fort, Mumbai, Maharashtra, India – 400001
- IndustryManufacturing, Cement & Cement Products
- 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 of Millars Concrete Technologies Private Limited
The main business activity of Millars Concrete Technologies is manufacturing. In detail, this covers repair & installation of machinery & equipment, motor vehicles.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C12 | Repair & installation of machinery & equipment, motor vehicles | 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 Millars Concrete Technologies Private Limited FY 2025 filings available
Millars Concrete Technologies Private Limited reported revenue of ₹54.11 Lakh (down 70% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Millars Concrete Technologies Private Limited
Revenue fell 70% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA fell 112% 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 Millars Concrete Technologies 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 | -₹16.37 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹25.29 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Millars Concrete Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -30.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -46.7% | •••• | •••• | •••• | •••• |
| 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 Millars Concrete Technologies 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 Millars Concrete Technologies Private Limited
Millars Concrete Technologies Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Cement and Cement Products). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Girichar Tradecom Private Limited | ₹56.64 Lakh (FY 2025) | •••• | •••• | -78.0% | •••• | Kolkata, West Bengal, India |
| Mirdha Cements Private Limited | ₹56.2 Lakh (FY 2023) | •••• | •••• | -27.0% | •••• | Purulia, West Bengal, India |
| Jay Shree Cement Private Limited | ₹55.82 Lakh (FY 2025) | •••• | •••• | -64.0% | •••• | Jodhpur, Rajasthan, India |
| RJC Concretemix India Private Limited | ₹54.61 Lakh (FY 2025) | •••• | •••• | 233.0% | •••• | Karkala, Karnataka, India |
| Prestressed Pole Industries Private Limited | ₹54.23 Lakh (FY 2023) | •••• | •••• | -37.0% | •••• | Jaipur, Rajasthan, India |
| Millars Concrete Technologies Private Limited this company | ₹54.11 Lakh (FY 2025) | •••• | •••• | -70.0% | •••• | Mumbai, Maharashtra, India |
| Ajmera Horizon Realty Private Limited | ₹53.77 Lakh (FY 2022) | •••• | •••• | 27.0% | •••• | Gondal, Gujarat, India |
| Esdee Cements Pvt Ltd | ₹53.74 Lakh (FY 2025) | •••• | •••• | -74.0% | •••• | Dhanbad, Jharkhand, India |
| Shree Radhe Shyam Cement Private Limited | ₹53.26 Lakh (FY 2019) | •••• | •••• | 300.0% | •••• | Rajkot, Gujarat, India |
| Platinum Gold Cement Private Limited | ₹53.18 Lakh (FY 2023) | •••• | •••• | •••• | Kolkata, West Bengal, India | |
| Refcem Pvt Ltd | ₹53.07 Lakh (FY 2025) | •••• | •••• | -16.0% | •••• | Bhubaneswar, Odisha, India |
Peers are the five companies nearest above and the five nearest below Millars Concrete Technologies by revenue in the Manufacturing industry (Cement and Cement Products), 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 Millars Concrete Technologies Private Limited
Millars Concrete Technologies Private Limited is audited by R M J & ASSOCIATES LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R M J & ASSOCIATES LLP | 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 Millars Concrete Technologies Private Limited
Millars Concrete Technologies has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashok Jethabhai Patel | Director | 17 Jun 1999 | 27 Years 3 Months | Current |
| Tarak Ashok Patel Also directs: GMM Pfaudler Limited, Ready Mix Concrete Limited, Millars Machinery Co Pvt Limited and 3 more | Director | 23 Feb 2010 | 16 Years 7 Months | Current |
| Urmi Ashok Patel Also directs: Ready Mix Concrete Limited, Millars Machinery Co Pvt Limited, Uttarak Enterprises Pvt Ltd and 1 more | Director | 19 Aug 2020 | 6 Years 1 Months | Current |
| Payal Tarak Patel Also directs: Ready Mix Concrete Limited, Millars Machinery Co Pvt Limited, Uttarak Enterprises Pvt Ltd and 2 more | Director | 02 Sep 2021 | 5 Years 1 Months | Current |
Ownership and Shareholding of Millars Concrete Technologies 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 Millars Concrete Technologies Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Feb 2021 | Others | ₹617.6 Cr | Satisfied |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Millars Concrete Technologies Private Limited
Employment history and EPFO contributions of people linked to Millars Concrete Technologies.
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.
Name History of Millars Concrete Technologies Private Limited
Millars Concrete Technologies has undergone 2 name changes throughout its history. The company was previously known as Pedershaab Millars India Private Limited, and Pedershaab Acme India Private Limited. The current legal name is Millars Concrete Technologies Private Limited.
| Company Name | Status |
|---|---|
| Millars Concrete Technologies Private Limited | Current |
| Pedershaab Millars India Private Limited | Previous |
| Pedershaab Acme India Private Limited | Previous |
Recent Activity on Millars Concrete Technologies Private Limited
Millars Concrete Technologies Private Limited has 9 board changes on record since 1999: 4 appointments and 5 cessations. The latest: Payal Tarak Patel ceased to be Additional Director on 30 Nov 2021.
2 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Millars Concrete Technologies 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 Millars Concrete Technologies 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 Millars Concrete Technologies 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 Millars Concrete Technologies Private Limited
Millars Concrete Technologies has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCP3992M1ZT | Maharashtra | Active | 01 Jul 2017 |
| 24AACCP3992M1ZZ | Gujarat | 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 Millars Concrete Technologies 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 Millars Concrete Technologies Private Limited
Millars Concrete Technologies is an active private limited company based in Mumbai, Maharashtra, India. The company works in cement and cement products, within the manufacturing industry. It was incorporated on 17 June 1999 (27+ years old) and is registered under CIN U29299MH1999PTC120374.
Millars Concrete Technologies reported revenue of ₹54.11 Lakh for FY 2025 (down 70% YoY).
Millars Concrete Technologies has 4 current directors:
- Ashok Jethabhai Patel - Director
- Tarak Ashok Patel - Director
- Urmi Ashok Patel - Director
- Payal Tarak Patel - Director
Millars Concrete Technologies reported a net loss of ₹25.29 Lakh (net margin -46.7%) and EBITDA of -₹16.37 Lakh (EBITDA margin -30.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Millars Concrete Technologies is 44% over three years and 3% over five years. In the latest year (FY 2025) revenue fell 70%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Millars Concrete Technologies is 27AACCP3992M1ZT, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AACCP3992M1ZZ (Gujarat).
The CIN (Corporate Identification Number) of Millars Concrete Technologies is U29299MH1999PTC120374. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Millars Concrete Technologies was incorporated on 17 June 1999, making it 27+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Millars Concrete Technologies by revenue are Girichar Tradecom Private Limited, Mirdha Cements Private Limited, Jay Shree Cement Private Limited, RJC Concretemix India Private Limited, Prestressed Pole Industries Private Limited and 5 more, all in the Manufacturing industry (Cement and Cement Products).
Payal Tarak Patel ceased to be Additional Director on 30 Nov 2021. Payal Tarak Patel was appointed as Director on 02 Sep 2021. Urmi Ashok Patel ceased to be Additional Director on 29 Dec 2020. Millars Concrete Technologies has 9 board changes on record in total.
Millars Concrete Technologies can be reached through the website gmmpfaudler.com. Its registered office is in Mumbai, Maharashtra, India.