About Mittal Brothers Pvt Ltd
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Mittal Brothers Pvt Ltd is a private limited company based in Pune, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 19 March 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U70101MH1993PTC071213.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.04 Cr. It is led by directors including Dilip Mittal and Sunil Girdharilal Mittal.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 602 Pulachiwadi Deccangymkhana, Pune, Maharashtra, India – 411004.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.39 Cr, a growth of 52% compared to the previous year. For the same year it recorded a net profit of ₹1.8 Cr (net margin 53.1%) and EBITDA of ₹2.54 Cr (EBITDA margin 75%). Revenue has grown at a compounded annual rate (CAGR) of 46% over three years and 8% over five years.
Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Mittal Brothers. As per MCA filings, the company has satisfied charges of ₹187.66 Cr on record. Court records list 19 cases involving the company, including 12 filed by the company and 7 filed against it; 9 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mittalbrothers.com.
Company details
Contact details
Mittal Brothers Pvt Ltd's registered office is in Pune, Maharashtra. Its website is mittalbrothers.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address602 Pulachiwadi Deccangymkhana, Pune, Maharashtra, India – 411004
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Mittal Brothers Pvt Ltd, buy the company report.
- 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
Brands
Mittal Brothers operates one associated brand: Mittal Brothers. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Develops commercial and residential real estate projects in Pune. | mittalbrothers.com |
Business activity
The main business activity of Mittal Brothers is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Mittal Brothers Pvt Ltd, buy the company report.
Financials of Mittal Brothers Pvt Ltd
FY 2024 filings availableMittal Brothers Pvt Ltd reported revenue of ₹3.39 Cr (up 52% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 52% growth in the latest year. EBITDA rose 569% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹2.54 Cr | ||||
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| Net Profit (PAT) | ₹1.8 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 75% | ||||
| Net Profit Margin | 53.1% | ||||
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To see the full financial statements and ratios of Mittal Brothers Pvt Ltd, buy the company report.
Board of directors of Mittal Brothers Pvt Ltd
Mittal Brothers has 5 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dilip Mittal Also directs: Magnetize Developers LLP, New World Landmark LLP, Southmumbai Constructions LLP and 5 more | Director | 17 Aug 2004 | 22 Years 2 Months | Current |
| Sunil Girdharilal Mittal Also directs: Magnetize Developers LLP, New World Landmark LLP, Southmumbai Constructions LLP and 5 more | Director | 17 Aug 2004 | 22 Years 2 Months | Current |
| Bharat Vijaykumar Mittal Also directs: Consol-Mittal Infrastructure LLP, Kumar Vardaan Developers LLP, Vardaan Lifestyle Limited and 3 more | Director | 01 Apr 2005 | 21 Years 7 Months | Current |
| Navin Girdharilal Mittal | Director | 16 Apr 2007 | 19 Years 6 Months | Current |
| Ajay Kumar Rai Also directs: Uw Workspace LLP | Director | 30 Sep 2024 | 2 Years 1 Months | Current |
Peer comparison
Mittal Brothers Pvt Ltd is compared with the 4 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ashirwad Sky Heights Towers Private Limited | ₹3.39 Cr (FY 2024) | -43.0% | Mumbai, Maharashtra, India | |||
| Greenscape Developers Private Limited | ₹3.39 Cr (FY 2025) | -42.0% | Navi Mumbai, Maharashtra, India | |||
| Ulka Infraa Private Limited | ₹3.39 Cr (FY 2024) | 31.0% | Pune, Maharashtra, India | |||
| Mittal Brothers Pvt Ltdthis company | ₹3.39 Cr (FY 2024) | ₹1.8 Cr | 53.1% | 52.0% | Pune, Maharashtra, India | |
| A. R. City Developers Private Limited | ₹3.39 Cr (FY 2024) | -74.0% | Kanpur, Uttar Pradesh, India |
To see the full peer comparison of Mittal Brothers Pvt Ltd, buy the company report.
Auditor
Mittal Brothers Pvt Ltd is audited by M G M & COMPANY for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M G M & COMPANY | FY 2022 | 117963W |
Shareholding
The shareholding of Mittal Brothers Pvt Ltd is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mittal Brothers Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Dec 2021 | 100535001 | State Bank of India | ₹67.66 Cr | Satisfied | |
| 10 Jun 2016 | 100034838 | Others | ₹120 Cr | Satisfied |
To see the full charge records of Mittal Brothers Pvt Ltd, buy the company report.
Total charge records: 2 View all charges
Legal cases
Mittal Brothers Pvt Ltd has 19 court cases on record: 12 filed by Mittal Brothers, 7 filed against it. 9 cases are pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 13 | 6 | 9 |
| NCLAT | 5 | 0 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed by the company against Jazzcon Engineers Private Ltd | Pending |
| NCLAT, NCLAT New Delhi | Company appeal | Filed by the company against Bhagirathi Megacity Development Privatelimited and 3 others | Disposed |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed by the company against Bhagirathi Megacity Development Private Limited | Disposed |
| District court, New Delhi, Delhi | Court case (T P (CRL)) | Filed by the company against Jazzcon Engineers Pvt Ltd | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Bharat Sanchar Nigam Limited Etc 17 and 9 others | Disposed |
To see the full case history of Mittal Brothers Pvt Ltd, 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 Brothers Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Mittal Brothers has 1 subsidiary company and 1 associated company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Bhagirathi Megacity Development Private Limited | U45200PN2010PTC137068 |
To see the full group structure of Mittal Brothers Pvt Ltd, buy the company report.
GST
No GST registration is on our record for Mittal Brothers Pvt Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Mittal Brothers Pvt Ltd has 9 board changes on record since 2004: 5 appointments and 4 cessations. The latest: Ajay Kumar Rai was appointed as Director on 30 Sep 2024.
5 earlier events are in the company report.
Frequently asked questions
Mittal Brothers is an active private limited company based in Pune, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 19 March 1993 (33+ years old) and is registered under CIN U70101MH1993PTC071213.
Mittal Brothers has 5 current directors:
- Dilip Mittal - Director
- Sunil Girdharilal Mittal - Director
- Bharat Vijaykumar Mittal - Director
- Navin Girdharilal Mittal - Director
- Ajay Kumar Rai - Director
The latest financial statements of Mittal Brothers on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Mittal Brothers is U70101MH1993PTC071213. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mittal Brothers has 19 court cases on record: 12 filed by the company and 7 filed against it. 9 are pending. Most are in the district courts.
Mittal Brothers was incorporated on 19 March 1993, making it 33+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Mittal Brothers by revenue are Ashirwad Sky Heights Towers Private Limited, Greenscape Developers Private Limited, Ulka Infraa Private Limited, A. R. City Developers Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Ajay Kumar Rai was appointed as Director on 30 Sep 2024. Sanwarmal Datturam Mittal ceased to be Director on 30 Mar 2021. Dwarkaprasad Datturam Mittal ceased to be Director on 02 Sep 2020. Mittal Brothers has 9 board changes on record in total.
Mittal Brothers can be reached through the website mittalbrothers.com. Its registered office is in Pune, Maharashtra, India.
The registered office of Mittal Brothers is at 602 Pulachiwadi Deccangymkhana, Pune, Maharashtra, India – 411004.
Mittal Brothers operates in the real estate and construction industry, in the real estate builders and developers segment.
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