About Mittal Appliances Limited
Data last updated:
Mittal Appliances Limited is a public limited company based in Indore, Madhya Pradesh, India. It operates in the metalworking segment of the metals and mining sector. It was incorporated on 19 January 1985 and has been in existence for over 41 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U28122MP1985PLC069249. Its GSTIN is 23AABCM1903A1ZF (Madhya Pradesh). The company holds 5 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹17 Cr and a paid-up capital of ₹3.48 Cr. It was formerly known as Mittal Appliances Private Limited. It is led by directors including Dinesh Chand Mittal (Managing Director) and Anshul Mittal (Whole-Time Director).
Its last annual general meeting (AGM) was held on 28 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Indore, Madhya Pradesh.
As per the financials filed for FY 2025, the company reported a revenue of ₹954.79 Cr, a growth of 31% compared to the previous year. For the same year it recorded a net profit of ₹9.31 Cr (net margin 1%) and EBITDA of ₹27.08 Cr (EBITDA margin 2.8%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years.
The company has about 177 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹490.19 Cr and satisfied charges of ₹357.79 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it; 2 cases are pending. The company has 17 deals on record (11 secondary share transfers, 5 funding rounds, 1 rights issue), with disclosed funding of ₹8.92 Cr; the latest was in July 2024. Its 6 peer companies in the Machinery and Equipment industry (Tools and Components), with the same principal business activity (metal and metal products) are compared by revenue, 3 larger and 3 smaller; the largest is Ador Welding Limited with revenue of ₹1,141.48 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mittalgroup.com.
Company details
CIN history
Mittal Appliances has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U28122MP1985PLC069249, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U28122MP1985PLC069249 | Current |
| U28122MP1985PLC002725 | Previous |
| U28122MH1985PLC174619 | Previous |
Contact details
Mittal Appliances Limited's registered office is in Indore, Madhya Pradesh.
- Social Media
- Registered Address303 Apollo Trade Centre, Geeta Bhawan Square A.B. Road, Indore, Madhya Pradesh, India – 452001
- IndustryMetal & Minerals, Metalworking
- 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
Business activity
The main business activities of Mittal Appliances are manufacturing and trade. In detail, this covers metal and metal products and wholesale trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Mittal Appliances Limited, buy the company report.
Financials of Mittal Appliances Limited
FY 2025 filings availableMittal Appliances Limited reported revenue of ₹954.79 Cr (up 31% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 16% over three years, including 31% growth in the latest year. EBITDA rose 1% 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 | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹27.08 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹9.31 Cr | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.8% | ||||
| 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 | |||||
To see the full financial statements and ratios of Mittal Appliances Limited, buy the company report.
Board of directors of Mittal Appliances Limited
Mittal Appliances has 5 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anshul Mittal Also directs: Manak Tradcom LLP, Pushpraj Estate and Finvest Pvt Ltd, Ma-Anandia Leasing and Finance Limited and 5 more | Whole-Time Director | 01 Oct 2009 | 17 Years 1 Months | Current |
| Neha Sharma | Director | 20 May 2022 | 4 Years 5 Months | Current |
| Dinesh Chand Mittal Also directs: Amadeus Developers LLP, Manak Tradcom LLP, Manavhit Finvest and Builders Pvt Ltd and 5 more | Managing Director | 01 Aug 1990 | 36 Years 3 Months | Current |
| Anil Kumar Sharma | Director | 09 Feb 2007 | 19 Years 8 Months | Current |
| Sanjay Menariya | Director | 24 Jul 2025 | 1 Years 3 Months | Current |
Peer comparison
Mittal Appliances Limited is compared with the 6 companies closest to it by revenue in the Machinery and Equipment industry (Tools and Components), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ador Welding Limited | ₹1,141.48 Cr (FY 2025) | 4.0% | Mumbai, Maharashtra, India | |||
| National Steel and Agro Industries Limited | ₹1,122.66 Cr (FY 2024) | 73.0% | Mumbai, Maharashtra, India | |||
| Sterling Tools Limited | ₹1,037.95 Cr (FY 2025) | 11.0% | New Delhi, Delhi, India | |||
| Mittal Appliances Limitedthis company | ₹954.79 Cr (FY 2025) | ₹9.31 Cr | 1% | 31.0% | Indore, Madhya Pradesh, India | |
| Choksi Heraeus Private Limited | ₹942.16 Cr (FY 2025) | 46.0% | Udaipur, Rajasthan, India | |||
| Maini Precision Products Limited | ₹934.81 Cr (FY 2024) | 11.0% | Thane, Maharashtra, India | |||
| NSK Bearings India Private Limited | ₹926.36 Cr (FY 2025) | 8.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Mittal Appliances Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Mar 2025 | 101081107 | Hdfc Bank Limited | ₹2.89 Cr | Open | |
| 30 Dec 2024 | 101038466 | Bank of India | ₹2.3 Cr | Open | |
| 25 Apr 2011 | 10282765 | Uco Bank | ₹485 Cr | Open | |
| 27 Dec 2019 | 100317273 | Uco Bank | ₹15 Lakh | Satisfied | |
| 07 Sep 2019 | 100291920 | Uco Bank | ₹14 Lakh | Satisfied |
To see the full charge records of Mittal Appliances Limited, buy the company report.
Total charge records: 39 View all charges
Deals & funding
Mittal Appliances Limited has 17 deals on record (11 secondary share transfers, 5 funding rounds, 1 rights issue), with disclosed funding of ₹8.92 Cr; the latest was in July 2024.
Deals on record (5 of 17)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: Ankit Steels Pvt Ltd Seller: Mangalmaya Estate and Finvest Private Limited , Antardhara Estate and Finvest Pvt Ltd |
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: Flex Vanijya Pvt Ltd Seller: Treasure Buildcon Private Limited |
| Oct 2017 | Secondary share transfer | Undisclosed | Seller: Rajshree Inexim Private Limited , Rajshree Overseas Pvt Ltd |
| Mar 2011 | Funding round | ₹4 Cr | Investors: Anshul Developers Pvt Ltd |
| Apr 2010 | Secondary share transfer | Undisclosed | Buyer: Dharohar Infrastructure Private Limited , Ananya Buildcon & Real Estate Private Limited , Manavhit Developers Private Limited Seller: V.R. Digital Private Limited |
To see the full deal history of Mittal Appliances Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Mittal Appliances Limited has 3 court cases on record: 2 filed by Mittal Appliances, 1 filed against it. 2 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 1 | 2 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Dhar, Madhya Pradesh | Court case (RCS B) | Filed against the company by an individual | Pending |
| District court, Indore, Madhya Pradesh | Court case (RCS B) | Filed by the company against M/S. Valoyas Metal Company Delhi and 1 other | Pending |
| District court, Indore, Madhya Pradesh | Court case (UN CR) | Filed by the company against an individual | Disposed |
To see the full case history of Mittal Appliances Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mittal Appliances Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mittal Appliances has 5 GST registrations: 3 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AABCM1903A1ZF | Madhya Pradesh | Active | 01 Jul 2017 |
| 07AABCM1903A1Z9 | Delhi | Active | 01 Jul 2017 |
| 27AABCM1903A2Z6 | Maharashtra | Active | 17 Oct 2018 |
To see the full GST registrations and return filing status of Mittal Appliances Limited, buy the company report.
Recent activity
Mittal Appliances Limited has 15 board changes on record since 1990: 5 appointments and 10 cessations. The latest: Sanjay Menariya ceased to be Additional Director on 27 Sep 2025.
90 earlier events are in the company report.
Frequently asked questions
Mittal Appliances is an active public limited company based in Indore, Madhya Pradesh, India. The company works in metalworking, within the metal and minerals industry. It was incorporated on 19 January 1985 (41+ years old) and is registered under CIN U28122MP1985PLC069249.
Mittal Appliances has 5 current directors:
- Dinesh Chand Mittal - Managing Director
- Anshul Mittal - Whole-Time Director
- Neha Sharma - Director
- Anil Kumar Sharma - Director
- Sanjay Menariya - Director
The latest financial statements of Mittal Appliances on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 28 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Mittal Appliances is 23AABCM1903A1ZF, registered in Madhya Pradesh. The company has 5 GST registrations in all, of which 3 are active and 2 are cancelled or inactive. Other active GSTINs include 07AABCM1903A1Z9 (Delhi), 27AABCM1903A2Z6 (Maharashtra).
The CIN (Corporate Identification Number) of Mittal Appliances is U28122MP1985PLC069249. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mittal Appliances has 3 court cases on record: 2 filed by the company and 1 filed against it. 2 are pending.
Mittal Appliances was incorporated on 19 January 1985, making it 41+ years old. It is registered with the Registrar of Companies, Gwalior.
Mittal Appliances has 17 deals on record (11 secondary share transfers, 5 funding rounds, 1 rights issue), with disclosed funding of ₹8.92 Cr; the latest was in July 2024.
The peers of Mittal Appliances by revenue are Ador Welding Limited, National Steel and Agro Industries Limited, Sterling Tools Limited, Choksi Heraeus Private Limited, Maini Precision Products Limited and 1 more, all in the Machinery and Equipment industry (Tools and Components), with the same principal business activity (metal and metal products).
Sanjay Menariya ceased to be Additional Director on 27 Sep 2025. Sanjay Menariya was appointed as Director on 24 Jul 2025. Neha Sharma ceased to be Additional Director on 30 Nov 2022. Mittal Appliances has 15 board changes on record in total.
Mittal Appliances can be reached through the website mittalgroup.com. Its registered office is in Indore, Madhya Pradesh, India.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
