Mitshi India Limited - information technology in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U91100MH1990PLC057373 Incorporated 23 July 1990 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Listed - BSE: 523782 Public Limited Company information technology MSME · Small
Data last updated
Market Cap
₹11.43 Cr
MITSHI · BSE
Share Price
₹12.69
-2.31% today
Revenue
₹9.74 Cr
FY 2019-20 · +70.9% YoY
EBITDA
₹0.78 Cr
Margin 8.0%
Net Profit
₹0.61 Cr
FY 2019-20 · -34.4% YoY
P/E (TTM)
19.5x
P/B 4.9x
ROE
4.4%
ROCE 5.5%
Debt / Equity
0.42
Interest cover 0.0x

About Mitshi India Limited

Data last updated:

Mitshi India Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the SAAS (software as a service) providers segment of the technology and IT services sector. It was incorporated on 23 July 1990 and has been in existence for over 36 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U91100MH1990PLC057373. Its GSTIN is 27AAACD8218Q1Z6 (Maharashtra). It is a listed company as per MCA records. Its shares are listed on BSE: 523782.

The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹8.8 Cr. It was formerly known as Dera Paints and Chemicals Limited. It is led by directors including Kumar Vasantlal Shah (Managing Director) and Drashti Tarun Savla.

Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Mumbai, Maharashtra.

As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹2.77 Cr, a decline of 39.5% compared to the previous year. For the same year it recorded a net profit of ₹12 Lakh (net margin 4.3%). The net worth stands at ₹2.73 Cr (up 0.4% YoY). Total assets are valued at ₹3.08 Cr (up 5.8% YoY).

The company is associated with 2 brands: Taaza Kitchen and Mitshi. As per MCA filings, the company has satisfied charges of ₹4.85 Cr on record. Court records list 15 cases involving the company, including 7 filed by the company and 8 filed against it. The company has 17 deals on record (17 market trades); the latest was in August 2026. Its 3 peer companies in the Agriculture industry (Agro Retail and Distribution, IT Consulting and Services), with the same principal business activity (wholesale trading) are compared by revenue, 2 larger and 1 smaller; the largest is Aniruddha Enterprises Private Limited with revenue of ₹4.59 Cr.

Mitshi India Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0051021). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mitshi.in.

Company details

CIN U91100MH1990PLC057373
Registration Number 057373
Incorporation Date 23 July 1990
ROC Mumbai
Listing Status Listed - Listed on BSE (523782)
Company Status Active
Date of Last AGM 25 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-19-0051021

CIN history

Mitshi India has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U91100MH1990PLC057373, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U91100MH1990PLC057373Current
U99999MH1990PLC057373Previous
L99999MH1990PLC057373Previous
L91100MH1990PLC057373Previous

Recognitions & Rankings of Mitshi India

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-MH-19-0051021

Contact details

Mitshi India Limited's registered office is in Mumbai, Maharashtra. Its website is mitshi.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
  • Social Media
  • Registered Address
    204 B – Wing Master Mind III, E Building Aarey Milk Colony, Mumbai, Maharashtra, India – 400065
  • Industry
    Information Technology, SaaS (Software as a Service) Providers

To see the full contact details of Mitshi India Limited, buy the company report.

Comprehensive company report
Mitshi India 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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Brands

Mitshi India operates two associated brands: Taaza Kitchen and Mitshi. Each brand links to its own profile.

BrandDescriptionWebsite
An online distributor specializing in fresh fruits and vegetables.taazakitchen.com
Software development services are provided by Mitshi in India.mitshi.in

Business activity

The main business activity of Mitshi India is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Mitshi India Limited, buy the company report.

Financials of Mitshi India Limited

FY 2025-26 filings available

Mitshi India Limited reported revenue of ₹2.77 Cr (down 39.5% YoY) for FY 2025-26.

Financial Highlights

FY 2019-20 · Consolidated
Revenue
₹9.74 Cr
+70.9% YoY
EBITDA
₹0.78 Cr
-34.5% YoY
Profit After Tax
₹0.61 Cr
-34.4% YoY
Net Worth
₹1.86 Cr
+46.5% YoY
Total Assets
₹3.74 Cr
+2.7% YoY
Total Debt
₹0.81 Cr
+65.3% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2019-20FY 2018-19
Income statement
Revenue9.745.70
Revenue growth+70.9%-
EBITDA0.781.19
EBITDA margin+8.0%+20.9%
Profit before tax0.831.20
Net profit0.610.93
Net profit margin+6.3%+16.3%
EPS (₹)0.681.06
Balance sheet
Total assets3.743.64
Net worth1.861.27
Total debt0.810.49
Cash & bank0.391.43
Net working capital3.143.32
Cash flow
Cash from operations(1.22)(0.55)
Cash from investing1.05(2.83)
Cash from financing0.322.31
ParticularsDec 2020Sep 2020Jun 2020Mar 2020
Revenue3.282.010.752.12
Other income0.000.000.000.03
EBITDA1.100.58(0.03)(0.78)
EBITDA margin+33.5%+28.9%-4.0%-36.8%
Depreciation0.020.020.020.03
Interest0.000.000.000.00
Profit before tax1.080.56(0.05)(0.78)
Tax0.280.130.00(0.22)
Net profit0.800.43(0.05)(0.56)
EPS (₹)0.910.48(0.06)(0.69)
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue2.774.5820.247.726.926.727.82
Revenue growth-39.5%-77.4%+162.2%+11.6%+3.0%-14.1%-
EBITDA0.000.010.17(0.68)0.070.370.73
EBITDA margin0.0%+0.2%+0.8%-8.8%+1.0%+5.5%+9.3%
Profit before tax0.000.050.170.680.010.310.79
Net profit0.120.000.14(0.72)0.010.220.58
Net profit margin+4.3%0.0%+0.7%-9.3%+0.1%+3.3%+7.4%
EPS (₹)0.010.040.140.570.010.260.66
Balance sheet
Total assets3.082.912.722.563.173.102.62
Net worth2.732.722.692.562.062.051.83
Total debt0.350.190.030.001.111.040.79
Cash & bank0.410.250.280.190.240.270.32
Net working capital2.752.582.402.242.802.470.73
Cash flow
Cash from operations(0.01)(0.18)0.061.05(0.09)(1.52)0.11
Cash from investing0.000.000.000.000.001.23(0.18)
Cash from financing0.170.150.03(1.11)0.070.250.30
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue0.201.290.570.510.411.031.351.18
Revenue growth (YoY)-51.2%+25.2%-57.8%-56.8%-59.4%---
Other income0.000.000.000.000.000.040.000.00
Total expenses0.191.330.530.500.401.091.301.14
EBITDA0.01(0.04)0.040.010.01(0.06)0.050.04
EBITDA margin+5.0%-3.1%+7.0%+2.0%+2.4%-5.8%+3.7%+3.4%
Depreciation0.000.000.000.000.000.000.000.00
Interest0.000.000.000.000.000.000.000.00
Profit before tax0.01(0.04)0.040.010.01(0.02)0.050.04
Tax0.000.000.010.000.000.000.010.00

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 25 Oct 2026
ParticularsDec 2020Sep 2020Jun 2020Mar 2020
Revenue3.282.010.752.12
Other income0.000.000.000.03
EBITDA1.100.58(0.03)(0.78)
EBITDA margin+33.5%+28.9%-4.0%-36.8%
Depreciation0.020.020.020.03
Interest0.000.000.000.00
Profit before tax1.080.56(0.05)(0.78)
Tax0.280.130.00(0.22)
Net profit0.800.43(0.05)(0.56)
EPS (₹)0.910.48(0.06)(0.69)
ParticularsFY 2019-20FY 2018-19
Revenue9.745.70
Revenue growth+70.9%-
Other income0.130.08
Total expenses8.964.51
Employee cost0.690.44
EBITDA0.781.19
EBITDA margin+8.0%+20.9%
Depreciation0.080.07
Interest0.000.00
Profit before tax0.831.20
Tax0.220.27
Net profit0.610.93
Net profit margin+6.3%+16.3%
EPS (₹)0.681.06
ParticularsFY 2019-20FY 2018-19
Equity & liabilities
Share capital8.808.80
Reserves & surplus(6.94)(7.53)
Shareholders' funds (net worth)1.861.27
Minority interest1.061.05
Secured loans0.000.00
Unsecured loans0.810.49
Total debt0.810.49
Total liabilities3.743.64
Assets
Gross block0.570.38
Net block0.320.21
Capital work in progress0.000.00
Investments0.000.00
Inventories1.320.20
Sundry debtors1.852.13
Cash & bank balances0.391.43
Loans & advances0.140.15
Total current assets3.703.91
Total current liabilities0.560.59
Net working capital3.143.32
Total assets3.743.64
ParticularsFY 2019-20FY 2018-19
Opening cash0.211.28
Net cash from operating activities(1.22)(0.55)
Net cash from investing activities1.05(2.83)
Net cash from financing activities0.322.31
Net change in cash0.15(1.07)
Closing cash0.391.43
ParticularsFY 2019-20FY 2018-19
Growth
Sales growth+70.9%-
EBITDA growth-34.5%-
PBT growth-30.8%+9997.0%
Net income growth-34.4%-
Profitability & leverage
Net income margin+6.3%+16.3%
Return on capital employed+5.5%+8.0%
Return on net worth+4.4%+6.9%
Debt / equity0.420.72
Long-term debt / equity0.420.72
Interest cover0.000.00
Efficiency & per share
Fixed asset turnover20.5121.11
Inventory turnover12.8257.00
Debtors turnover4.894.35
EPS (₹)0.681.06
Dividend per share (₹)0.000.00
Book value per share (₹)2.121.44
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue0.201.290.570.510.411.031.351.18
Revenue growth (YoY)-51.2%+25.2%-57.8%-56.8%-59.4%---
Other income0.000.000.000.000.000.040.000.00
Total expenses0.191.330.530.500.401.091.301.14
EBITDA0.01(0.04)0.040.010.01(0.06)0.050.04
EBITDA margin+5.0%-3.1%+7.0%+2.0%+2.4%-5.8%+3.7%+3.4%
Depreciation0.000.000.000.000.000.000.000.00
Interest0.000.000.000.000.000.000.000.00
Profit before tax0.01(0.04)0.040.010.01(0.02)0.050.04
Tax0.000.000.010.000.000.000.010.00
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue2.774.5820.247.726.926.727.82
Revenue growth-39.5%-77.4%+162.2%+11.6%+3.0%-14.1%-
Other income0.000.040.001.410.000.000.08
Total expenses2.774.5720.078.406.856.357.09
Employee cost0.000.070.110.200.120.330.30
EBITDA0.000.010.17(0.68)0.070.370.73
EBITDA margin0.0%+0.2%+0.8%-8.8%+1.0%+5.5%+9.3%
Depreciation0.000.000.000.050.060.060.02
Interest0.000.000.000.000.000.000.00
Profit before tax0.000.050.170.680.010.310.79
Tax0.000.020.030.180.000.090.21
Net profit0.120.000.14(0.72)0.010.220.58
Net profit margin+4.3%0.0%+0.7%-9.3%+0.1%+3.3%+7.4%
EPS (₹)0.010.040.140.570.010.260.66
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital8.808.808.808.808.808.808.80
Reserves & surplus(6.07)(6.08)(6.11)(6.24)(6.74)(6.75)(6.97)
Shareholders' funds (net worth)2.732.722.692.562.062.051.83
Secured loans0.000.000.000.000.000.000.00
Unsecured loans0.350.190.030.001.111.040.79
Total debt0.350.190.030.001.111.040.79
Total liabilities3.082.912.722.563.173.102.62
Assets
Gross block0.140.140.140.320.320.320.32
Net block0.010.010.010.000.050.110.18
Capital work in progress0.000.000.000.000.000.000.00
Investments0.250.250.250.250.250.251.47
Inventories0.250.000.001.210.000.001.32
Sundry debtors2.182.432.310.912.543.240.50
Cash & bank balances0.410.250.280.190.240.270.32
Loans & advances0.050.050.050.041.040.050.01
Total current assets2.892.732.642.353.823.562.15
Total current liabilities0.140.150.240.111.021.091.42
Net working capital2.752.582.402.242.802.470.73
Total assets3.082.912.722.563.173.102.62
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash0.250.280.190.240.270.320.09
Net cash from operating activities(0.01)(0.18)0.061.05(0.09)(1.52)0.11
Net cash from investing activities0.000.000.000.000.001.23(0.18)
Net cash from financing activities0.170.150.03(1.11)0.070.250.30
Net change in cash0.16(0.03)0.09(0.05)(0.02)(0.05)0.23
Closing cash0.410.250.280.190.240.270.32
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth-39.5%-77.4%+162.2%+11.6%+3.0%-14.1%-
EBITDA growth-100.0%-94.1%+125.0%-1071.4%-81.1%-49.3%-
PBT growth+9997.0%-70.6%-75.0%+6700.0%-96.8%-60.8%-30.7%
Net income growth--100.0%+119.4%-7300.0%-95.5%-62.1%-
Revenue CAGR (3Y)-28.9%-12.9%+44.4%-0.4%+10.6%+31.9%+219.4%
EBITDA CAGR (3Y)-100.0%-47.7%-22.8%--60.8%+11.1%-
Profitability & leverage
Net income margin0.0%+0.7%+0.7%+6.5%+0.1%+3.3%+7.4%
Return on capital employed-+0.2%+1.1%-5.2%+0.1%+2.2%+5.4%
Return on net worth-+0.1%+0.9%-5.4%+0.1%+1.7%+4.3%
Debt / equity-0.040.010.240.520.470.42
Long-term debt / equity-0.040.010.240.520.470.42
Interest cover-0.000.000.000.000.000.00
Efficiency & per share
Fixed asset turnover-32.7188.0024.1321.6321.0034.00
Inventory turnover-0.0033.4512.760.0010.1810.64
Debtors turnover-1.9312.574.482.393.598.64
EPS (₹)0.010.040.140.570.010.260.66
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)0.003.093.052.912.342.332.08

To see the full year-wise statements and ratios of Mitshi India Limited, buy the company report.

Board of directors of Mitshi India Limited

Mitshi India has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Kumar Vasantlal ShahManaging Director21 Sep 199036 Years 1 MonthsCurrent
Drashti Tarun SavlaDirector30 Sep 201511 Years 0 MonthsCurrent
Hanumant Anaji SalunkheDirector31 Mar 200422 Years 6 MonthsCurrent

Peer comparison

Mitshi India Limited is compared with the 3 companies closest to it by revenue in the Agriculture industry (Agro Retail and Distribution, IT Consulting and Services), with the same principal business activity (wholesale trading), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Aniruddha Enterprises Private Limited₹4.59 Cr (FY 2024)-23.0%Mumbai, Maharashtra, India
Farmfiesta Private Limited₹4.58 Cr (FY 2024)Sonbersa Raj, Bihar, India
Windsor Agri-Tech Private Limited₹4.58 Cr (FY 2025)33.0%Ahmedabad, Gujarat, India
Mitshi India Limitedthis company₹2.77 Cr (FY 2026)₹12 Lakh4.3%-39.5%Mumbai, Maharashtra, India

To see the full peer comparison of Mitshi India Limited, buy the company report.

Auditor

Mitshi India Limited is audited by A A SIDDIQUI & CO for the financial year 2019.

Auditor firmFinancial yearFirm registration number
A A SIDDIQUI & COFY 2019143081W

Shareholding

Shareholding for the quarter ended Mar 2026: promoters hold 15.60%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 84.40%.

Promoters: 15.60%Retail & Others: 84.40%
Mar 2026
QUARTER
15.60% Promoters
84.40% Retail & Others
Promoter holding - history
Now 15.60% · Mar 2026High 15.60% · Jun 2025Low 15.60% · Jun 2025
14%14.8%15.5%16.3%17%Jun 2025Sep 2025Dec 2025Mar 2026Jun 2025: 15.60%Sep 2025: 15.60%Dec 2025: 15.60%Mar 2026: 15.60%15.60%15.60%
Shareholding trend - last 6 quarters
Mar 2026Dec 2025Sep 2025Jun 2025
Promoters15.60%15.60%15.60%15.60%
Public84.40%84.40%84.40%84.40%

Charges & borrowings

Open charges
None
Satisfied charges
₹4.85 Cr
Breakdown by lending institutions
Bank of India₹3.50 Cr
Allahabad Bank₹1.35 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
01 Jul 199780042623Bank of India₹40 LakhSatisfied
01 Jul 199780042624Bank of India₹1 CrSatisfied
01 Jul 199780042625Bank of India₹25 LakhSatisfied
01 Jul 199780042626Bank of India₹10 LakhSatisfied
01 Jul 199780042627Bank of India₹1 CrSatisfied

To see the full charge records of Mitshi India Limited, buy the company report.

Total charge records: 7 View all charges

Deals & funding

Mitshi India Limited has 17 deals on record (17 market trades); the latest was in August 2026.

Total deals
17
Market trades
17

Deals on record (5 of 17)

WhenDealAmountParties
Jul 2026Market trade₹1.67 CrBuyer: Neo Apex Share Broking Services LLP , 3 individuals
Seller: 4 individuals
Jul 2026Market trade₹3.54 CrBuyer: L7 Hitech Private Limited , Neo Apex Share Broking Services LLP , 2 individuals
Seller: L7 Hitech Private Limited , 3 individuals
Jul 2026Market trade₹4.28 CrBuyer: Neo Apex Share Broking Services LLP , 3 individuals
Seller: Neo Apex Share Broking Services LLP , 3 individuals
Dec 2020Market trade₹20.8 LakhBuyer: Solfic Infotech Private Limited
Seller: Solfic Infotech Private Limited
Dec 2020Market trade₹21.5 LakhBuyer: Solfic Infotech Private Limited
Seller: Solfic Infotech Private Limited

To see the full deal history of Mitshi India Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Mitshi India Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Mitshi India has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAACD8218Q1Z6MaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Mitshi India Limited, buy the company report.

Recent activity

Mitshi India Limited has 6 board changes on record since 1990: 3 appointments and 3 cessations. The latest: Deepa Kumar Shah ceased to be Additional Director on 30 Mar 2022.

Filing
Mitshi India Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Mumbai.
AGM
Mitshi India Limited last Annual general meeting of members was held on 25 Sep 2025 as per latest MCA records.
Ceased
Deepa Kumar Shah ceased to be Additional Director.
Charges
A charge registered on 23 Nov 1994 via Charge ID 80042685 with Allahabad Bank was fully satisfied on 17 Dec 2019.
Ceased
Hasmukh Gangji Patel ceased to be Director.
Ceased
Mitesh Kumar Shah ceased to be Additional Director.
Appointed
Drashti Tarun Savla was appointed as Director.
Charges
A charge registered on 01 Jul 1997 via Charge ID 80042623 with Bank Of India was fully satisfied on 18 Feb 2008.
Charges
A charge registered on 01 Jul 1997 via Charge ID 80042624 with Bank Of India was fully satisfied on 18 Feb 2008.
Charges
A charge registered on 01 Jul 1997 via Charge ID 80042625 with Bank Of India was fully satisfied on 18 Feb 2008.
Charges
A charge registered on 01 Jul 1997 via Charge ID 80042626 with Bank Of India was fully satisfied on 18 Feb 2008.
Charges
A charge registered on 01 Jul 1997 via Charge ID 80042627 with Bank Of India was fully satisfied on 18 Feb 2008.

11 earlier events are in the company report.

Frequently asked questions

Mitshi India is an active public limited company based in Mumbai, Maharashtra, India. The company works in saas (software as a service) providers, within the information technology industry. It was incorporated on 23 July 1990 (36+ years old) and is registered under CIN U91100MH1990PLC057373. Listed on BSE: 523782.

Mitshi India reported revenue of ₹2.77 Cr for FY 2025-26 (down 39.5% YoY) based on standalone financials.

Mitshi India has 3 current directors:

The latest financial statements of Mitshi India on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 25 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Mitshi India is 27AAACD8218Q1Z6, registered in Maharashtra.

The CIN (Corporate Identification Number) of Mitshi India is U91100MH1990PLC057373. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Mitshi India is a listed company as per MCA records. Its shares are listed on BSE (code: 523782).

Mitshi India has 15 court cases on record: 7 filed by the company and 8 filed against it. Most are in the high courts.

Mitshi India was incorporated on 23 July 1990, making it 36+ years old. It is registered with the Registrar of Companies, Mumbai.

Mitshi India has 17 deals on record (17 market trades); the latest was in August 2026.

The peers of Mitshi India by revenue are Aniruddha Enterprises Private Limited, Farmfiesta Private Limited, Windsor Agri-Tech Private Limited, all in the Agriculture industry (Agro Retail and Distribution, IT Consulting and Services), with the same principal business activity (wholesale trading).