Mithani Enterprises Private Limited
About Mithani Enterprises Private Limited
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Mithani Enterprises Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 23 January 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70102MH2014PTC252426. Its GSTIN is 27AAJCM0543J1ZE (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Upendra Vasantrai Mithani (Managing Director) and Muktaben Vasantrai Mithani.
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 401 Kaveribwing Neelkanthvalley Rajawadi Ghatkopareast, Mumbai, Maharashtra, India – 400077.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.4 Cr, a decline of 87% compared to the previous year. For the same year it recorded a net profit of ₹68.05 Lakh (net margin 48.6%) and EBITDA of ₹94.04 Lakh (EBITDA margin 67.2%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 8% over five years.
As per MCA filings, the company has open charges of ₹90 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address401 Kaveribwing Neelkanthvalley Rajawadi Ghatkopareast, Mumbai, Maharashtra, India – 400077
- IndustryFinancial Services, Diversified Financial Services
- 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 Mithani Enterprises Private Limited
The main business activity of Mithani Enterprises is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities | 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 Mithani Enterprises Private Limited FY 2025 filings available
Mithani Enterprises Private Limited reported revenue of ₹1.4 Cr (down 87% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Mithani Enterprises Private Limited
Revenue fell 87% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 8%. EBITDA rose 16% 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 Mithani Enterprises Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 | ₹94.04 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹68.05 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 | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Mithani Enterprises Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 67.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 48.6% | •••• | •••• | •••• | •••• |
| 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 Mithani Enterprises 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 Mithani Enterprises Private Limited
Mithani Enterprises Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Chemical Retail and Distribution, Other Financial Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Balaji Credit Services Private Limited | ₹1.4 Cr (FY 2025) | •••• | •••• | -30.0% | •••• | Mumbai, Maharashtra, India |
| Wunderbaked Technologies Private Limited | ₹1.4 Cr (FY 2024) | •••• | •••• | -86.0% | •••• | Chennai, Tamil Nadu, India |
| Credit First (India) Private Limited | ₹1.4 Cr (FY 2025) | •••• | •••• | 213.0% | •••• | Delhi, India |
| Aria International Private Limited | ₹1.4 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | New Delhi, Delhi, India |
| Teckrushon Chemicals Private Limited | ₹1.4 Cr (FY 2021) | •••• | •••• | 25.0% | •••• | Kalyan, Maharashtra, India |
| Mithani Enterprises Private Limited this company | ₹1.4 Cr (FY 2024) | •••• | •••• | -87.0% | •••• | Mumbai, Maharashtra, India |
| Star Ffinreal Advisors Private Limited | ₹1.4 Cr (FY 2024) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Dhari Chemicals Limited | ₹1.39 Cr (FY 2024) | •••• | •••• | -7.0% | •••• | Ankleshwar, Gujarat, India |
| Ocm India Opportunities Aif Management Private Limited | ₹1.39 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Mumbai, Maharashtra, India |
| X-F1 Advisory Services Private Limited | ₹1.39 Cr (FY 2024) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Sree Teja Benefit Fund Limited | ₹1.39 Cr (FY 2015) | •••• | •••• | -44.0% | •••• | Telangana, India |
Peers are the five companies nearest above and the five nearest below Mithani Enterprises by revenue in the BFSI industry (Chemical Retail and Distribution, Other Financial Services), 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 Mithani Enterprises Private Limited
Mithani Enterprises Private Limited is audited by R M SHAH & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R M SHAH & ASSOCIATES | 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 Mithani Enterprises Private Limited
Mithani Enterprises has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Muktaben Vasantrai Mithani Also directs: Ankit Raj Organo Chemicals Limited, Ankit Raj Organo LLP | Director | 26 Jun 2018 | 8 Years 3 Months | Current |
| Smita Upendra Mithani Also directs: Ankit Raj Organo Chemicals Limited, Mithani Finance Limited | Director | 23 Jan 2014 | 12 Years 8 Months | Current |
| Bhumi Mithani Upendra | Director | 23 Jan 2014 | 12 Years 8 Months | Current |
| Upendra Vasantrai Mithani Also directs: Ankit Raj Organo Chemicals Limited, Mithani Finance Limited, Thoroughbred Realty LLP and 5 more | Managing Director | 23 Jan 2014 | 12 Years 8 Months | Current |
Ownership and Shareholding of Mithani Enterprises 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 Mithani Enterprises Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Mar 2025 | Others | ₹90 Lakh | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Mithani Enterprises Private Limited
Employment history and EPFO contributions of people linked to Mithani Enterprises.
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 Mithani Enterprises Private Limited
Mithani Enterprises Private Limited has 5 board changes on record since 2014: 4 appointments and 1 cessation. The latest: Pooja Upendra Mithani ceased to be Director on 01 Aug 2018.
Credit Ratings, Litigation & Regulatory Alerts for Mithani Enterprises 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 Mithani Enterprises 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 Mithani Enterprises 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 Mithani Enterprises Private Limited
Mithani Enterprises has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAJCM0543J1ZE | Maharashtra | Active | 20 Feb 2018 |
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 Mithani Enterprises 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 Mithani Enterprises Private Limited
Mithani Enterprises is an active private limited company based in Mumbai, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 23 January 2014 (12+ years old) and is registered under CIN U70102MH2014PTC252426.
Mithani Enterprises reported revenue of ₹1.4 Cr for FY 2024 (down 87% YoY).
Mithani Enterprises has 4 current directors:
- Upendra Vasantrai Mithani - Managing Director
- Muktaben Vasantrai Mithani - Director
- Smita Upendra Mithani - Director
- Bhumi Mithani Upendra - Director
Mithani Enterprises reported a net profit of ₹68.05 Lakh (net margin 48.6%) and EBITDA of ₹94.04 Lakh (EBITDA margin 67.2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Mithani Enterprises is 4% over three years and 8% over five years. In the latest year (FY 2024) revenue fell 87%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Mithani Enterprises is 27AAJCM0543J1ZE, registered in Maharashtra.
The CIN (Corporate Identification Number) of Mithani Enterprises is U70102MH2014PTC252426. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mithani Enterprises was incorporated on 23 January 2014, making it 12+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Mithani Enterprises by revenue are Balaji Credit Services Private Limited, Wunderbaked Technologies Private Limited, Credit First (India) Private Limited, Aria International Private Limited, Teckrushon Chemicals Private Limited and 5 more, all in the BFSI industry (Chemical Retail and Distribution, Other Financial Services).
Pooja Upendra Mithani ceased to be Director on 01 Aug 2018. Muktaben Vasantrai Mithani was appointed as Director on 26 Jun 2018. Bhumi Mithani Upendra was appointed as Director on 23 Jan 2014. Mithani Enterprises has 5 board changes on record in total.
The registered office of Mithani Enterprises is at 401 Kaveribwing Neelkanthvalley Rajawadi Ghatkopareast, Mumbai, Maharashtra, India – 400077.