Mittal Vessels Private Limited

Mittal Vessels Private Limited - machinery and equipment in Muzaffarnagar, Uttar Pradesh, India. FY 2026 financials & compliance.
CIN U29253UP2013PTC060007 Incorporated 09 October 2013 ROC Kanpur HQ Muzaffarnagar, Uttar Pradesh, India
Active Private Limited Company machinery and equipment MSME · Small
Data last updated
Revenue · FY 2025
₹40.38 Cr
▲ 7% YoY
Net profit · FY 2025
₹58.53 Lakh
Net margin 1.4%
EBITDA · FY 2025
₹2.13 Cr
EBITDA margin 5.3%
Authorised capital
₹4.95 Cr
Registered with MCA
Paid-up capital
₹4.67 Cr
Issued & subscribed
Open charges
₹13 Cr
Satisfied ₹12.04 Cr
Company age
13 yrs
Est. 2013
Employees · EPFO
28
Provident fund records

About Mittal Vessels Private Limited

Data last updated:

Mittal Vessels Private Limited is a private limited company based in Muzaffarnagar, Uttar Pradesh, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 09 October 2013 and has been in existence for over 13 years.

The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U29253UP2013PTC060007. Its GSTIN is 09AAICM8724G1Z5 (Uttar Pradesh).

The company has an authorised share capital of ₹4.95 Cr and a paid-up capital of ₹4.67 Cr. It is led by directors Nishant Mittal and Mayank 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 H. No. 205 Old H No. 97 Dwarka Puri New Mandi, Muzaffarnagar, Uttar Pradesh, India – 251001.

As per the financials filed for FY 2025, the company reported a revenue of ₹40.38 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹58.53 Lakh (net margin 1.4%) and EBITDA of ₹2.13 Cr (EBITDA margin 5.3%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 10% over five years.

The company has about 28 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹13 Cr and satisfied charges of ₹12.04 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 1 case is pending.

Mittal Vessels Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-58-0003682). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U29253UP2013PTC060007
Registration Number 060007
Incorporation Date 09 October 2013
ROC Kanpur
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-UP-58-0003682
Key People
Nishant Mittal Director Mayank Mittal Director

Recognitions & Rankings of Mittal Vessels

MSME (Udyam registered) Ministry of MSME
Category
Small (2023-24)
Udyam number
UDYAM-UP-58-0003682

Contact details

Mittal Vessels Private Limited's registered office is in Muzaffarnagar, Uttar Pradesh. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    H. No. 205 Old H No. 97 Dwarka Puri New Mandi, Muzaffarnagar, Uttar Pradesh, India – 251001
  • Industry
    Machinery and Equipment, Industrial Machinery Manufacturing

To see the full contact details of Mittal Vessels Private Limited, buy the company report.

Comprehensive company report
Mittal Vessels Private 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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Business activity

The main business activity of Mittal Vessels is manufacturing. In detail, this covers metal and metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC7Metal and metal products

To see the full business activity and turnover split of Mittal Vessels Private Limited, buy the company report.

Financials of Mittal Vessels Private Limited

FY 2024 filings available

Mittal Vessels Private Limited reported revenue of ₹40.38 Cr (up 7% YoY) for FY 2025.

Revenue · FY 2025
₹40.38 Cr ▲ 7%
Net profit · FY 2025
₹58.53 Lakh margin 1.4%
EBITDA · FY 2025
₹2.13 Cr margin 5.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 7%
3 years · compounded
▼ 2%
5 years · compounded
▲ 10%
EBITDA CAGR growth
1 year
▲ 55%
3 years · compounded
▲ 12%
5 years · compounded
▲ 7%

Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 7% growth in the latest year. EBITDA rose 55% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹2.13 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹58.53 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin5.3%
Net Profit Margin1.4%
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 Vessels Private Limited, buy the company report.

Board of directors of Mittal Vessels Private Limited

Mittal Vessels has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Nishant MittalDirector09 Oct 201313 Years 0 MonthsCurrent
Mayank Mittal
Also directs: Mittal Gaslinks Private Limited
Director09 Oct 201313 Years 0 MonthsCurrent
View all directors

Auditor

Mittal Vessels Private Limited is audited by SANJAY SHYAM GARG & CO for the financial year 2023.

Auditor firmFinancial yearFirm registration number
SANJAY SHYAM GARG & COFY 2023010453C

Shareholding

The shareholding of Mittal Vessels Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Mittal Vessels Private Limited, buy the company report.

Charges & borrowings

Open charges
₹13 Cr
Satisfied charges
₹12.04 Cr
Breakdown by lending institutions
State Bank of India₹13.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
25 Oct 2018100248978State Bank of India₹13 CrOpen
20 Sep 201410528218Others₹12.04 CrSatisfied

To see the full charge records of Mittal Vessels Private Limited, buy the company report.

Total charge records: 2 View all charges

MSME payment delays

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

Employees & EPFO

Mittal Vessels Private Limited has a workforce of 28 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.

Employee count
28
Active EPFO establishments
1
Employee growth
3.7%

GST

Mittal Vessels has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
09AAICM8724G1Z5Uttar PradeshActive01 Jul 2017

To see the full GST registrations and return filing status of Mittal Vessels Private Limited, buy the company report.

Recent activity

Mittal Vessels Private Limited has 3 board changes on record since 2013: 2 appointments and 1 cessation. The latest: Sushil Kumar ceased to be Additional Director on 05 Dec 2017.

AGM
Mittal Vessels Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Mittal Vessels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kanpur.
Charges
A charge registered on 20 Sep 2014 via Charge ID 10528218 with Others was fully satisfied on 27 Nov 2018.
Charges
A charge with State Bank Of India amounted to Rs. 13.00 Cr with Charge ID 100248978 was registered on 25 Oct 2018.
Ceased
Sushil Kumar ceased to be Additional Director.
Charges
A charge with Others of Rs. 12.04 Cr registered on 20 Sep 2014 with Charge ID 10528218 was modified on 13 Sep 2017.
Charges
A charge with Others amounted to Rs. 12.04 Cr with Charge ID 10528218 was registered on 20 Sep 2014.
Appointed
Mayank Mittal was appointed as Director.
Appointed
Nishant Mittal was appointed as Director.
Incorporation
09 Oct 2013
Mittal Vessels Private Limited was registered on 09 Oct 2013 with Roc Kanpur & aged 13 years 29 days as per MCA records.

Frequently asked questions

Mittal Vessels is an active private limited company based in Muzaffarnagar, Uttar Pradesh, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 09 October 2013 (13+ years old) and is registered under CIN U29253UP2013PTC060007.

Mittal Vessels has 2 current directors:

The latest financial statements of Mittal Vessels 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 GSTIN of Mittal Vessels is 09AAICM8724G1Z5, registered in Uttar Pradesh.

The CIN (Corporate Identification Number) of Mittal Vessels is U29253UP2013PTC060007. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Mittal Vessels has 2 court cases on record: 1 filed by the company and 1 filed against it. 1 is pending. Most are in the district courts.

Mittal Vessels was incorporated on 09 October 2013, making it 13+ years old. It is registered with the Registrar of Companies, Kanpur.

Sushil Kumar ceased to be Additional Director on 05 Dec 2017. Mayank Mittal was appointed as Director on 09 Oct 2013. Nishant Mittal was appointed as Director on 09 Oct 2013.

Yes, Mittal Vessels is registered as a small enterprise under Udyam registration (number: UDYAM-UP-58-0003682).

The registered office of Mittal Vessels is at H. No. 205 Old H No. 97 Dwarka Puri New Mandi, Muzaffarnagar, Uttar Pradesh, India – 251001.