About Miven Mayfran Conveyors Private Limited
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Miven Mayfran Conveyors Private Limited is a private limited company based in Hubli, Karnataka, India. It operates in the industrial machine tools segment of the machinery and industrial equipment sector. It was incorporated on 21 October 1986 and has been in existence for over 40 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29150KA1986PTC007869. Its GSTIN is 29AAECM9399P1Z7 (Karnataka).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹48 Lakh. It is led by directors including Sandeep Sirur (Managing Director) and Alka Vikram Sirur.
Its last annual general meeting (AGM) was held on 29 September 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Sirur'S Compound Karwar Road, Hubli, Karnataka, India – 580024.
As per the financials filed for FY 2026, the company reported a revenue of ₹75.45 Cr, a growth of 23% compared to the previous year. For the same year it recorded a net profit of ₹4.9 Cr (net margin 6.5%) and EBITDA of ₹8.28 Cr (EBITDA margin 11%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 33% over five years.
The company has about 177 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Miven Mayfran Conveyors. As per MCA filings, the company has satisfied charges of ₹14.1 Cr on record. Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it; 1 case is 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 mivenmayfran.com.
Company details
CIN history
Miven Mayfran Conveyors has one previous CIN (Corporate Identification Number): U27104KA1986PTC007869. The current CIN is U29150KA1986PTC007869, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29150KA1986PTC007869 | Current |
| U27104KA1986PTC007869 | Previous |
Contact details
Miven Mayfran Conveyors Private Limited's registered office is in Hubli, Karnataka. Its website is mivenmayfran.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSirur'S Compound Karwar Road, Hubli, Karnataka, India – 580024
- IndustryMachinery and Equipment, Industrial Machine Tools
To see the full contact details of Miven Mayfran Conveyors Private Limited, 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
Miven Mayfran Conveyors operates one associated brand: Miven Mayfran Conveyors. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures conveyors and filtration systems for industrial chip and scrap handling. | mivenmayfran.com |
Business activity
The main business activities of Miven Mayfran Conveyors are manufacturing and professional, scientific and technical. In detail, this covers manufacture of machinery and equipment n.e.c. and other professional, scientific and technical activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 28 | Manufacture of machinery and equipment n.e.c. | |
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Miven Mayfran Conveyors Private Limited, buy the company report.
Financials of Miven Mayfran Conveyors Private Limited
FY 2026 filings availableMiven Mayfran Conveyors Private Limited reported revenue of ₹75.45 Cr (up 23% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 33% over five years, including 23% growth in the latest year. EBITDA rose 45% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹75.45 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹8.28 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.9 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 | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11% | ||||
| Net Profit Margin | 6.5% | ||||
| 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 Miven Mayfran Conveyors Private Limited, buy the company report.
Board of directors of Miven Mayfran Conveyors Private Limited
Miven Mayfran Conveyors has 5 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sandeep Sirur Also directs: Mipro International Private Limited, Ruris Tecnal Extraction Systems Private Limited, Sibella Private Limited and 1 more | Managing Director | 28 Sep 2007 | 19 Years 1 Months | Current |
| Franciscus Louis Josephus Hinssen | Nominee Director | 25 Apr 2022 | 4 Years 6 Months | Current |
| Alka Vikram Sirur | Director | 28 Aug 2019 | 7 Years 2 Months | Current |
| Vikram Raghavesh Sirur Also directs: Mipro International Private Limited, Ruris Tecnal Extraction Systems Private Limited, N A Sirur(Hubli)Private Limited and 3 more | Director | 21 Oct 1986 | 40 Years 0 Months | Current |
| Yoji Konishi | Nominee Director | 05 Jul 2024 | 2 Years 4 Months | Current |
Auditor
Miven Mayfran Conveyors Private Limited is audited by B. K. RAMADHYANI & CO LLP for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B. K. RAMADHYANI & CO LLP | FY 2026 | 002878S |
Shareholding
The shareholding of Miven Mayfran Conveyors Private Limited is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2026 | FY 2025 | FY 2024 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Miven Mayfran Conveyors Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Mar 2010 | 10208150 | Small Industries Development Bank of India | ₹60 Lakh | Satisfied | |
| 01 Jul 2008 | 10109731 | Small Industries Deveopment Bank of India | ₹50 Lakh | Satisfied | |
| 02 Mar 2007 | 10044665 | Karnataka State Financial Corporation | ₹1 Cr | Satisfied | |
| 05 Apr 2004 | 80028799 | The Shamrao Vithal Co-Operative Bank Limited | ₹12 Cr | Satisfied |
To see the full charge records of Miven Mayfran Conveyors Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Miven Mayfran Conveyors Private Limited has 4 court cases on record: 3 filed by Miven Mayfran Conveyors, 1 filed against it. 1 case is pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 0 |
| High courts | 2 | 0 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, DHARWAD, Karnataka | Execution petition | Filed by the company against Prasad NC Machine Systems Pvt Ltd. Rep. by Its Manager | Disposed |
| High Court of Karnataka | Court case (MFA) | Filed by the company against an individual | Pending |
| District court, DHARWAD, Karnataka | Civil suit | Filed against the company by Cannon International by Its Prop Shekharappa Veerswamy | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against an individual | Disposed |
To see the full case history of Miven Mayfran Conveyors Private 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.
Credit ratings & regulatory alerts
Miven Mayfran Conveyors Private Limited was last rated by Crisil on 25 Jul 2017.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 25 Jul 2017 |
To see the full credit ratings and regulatory alerts of Miven Mayfran Conveyors Private Limited, buy the company report.
MSME payment delays
Miven Mayfran Conveyors Private Limited has 14 MSME Form 1 returns on record between 2019 and 2024, listing 1,084 overdue payments to 25 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 25)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Mgm-Varvel Power Transmission Private Limited | |||
| Toyo Paints Private Limited | |||
| Digital Instruments & Control Systems | |||
| Laxmi Hydraulics Pvt Ltd | |||
| Cotmac Industrial Trading Private Limited |
To see the full MSME payment records of Miven Mayfran Conveyors Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Miven Mayfran Conveyors Private Limited has a workforce of 177 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 177 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Miven Mayfran Conveyors Private Limited, buy the company report.
GST
Miven Mayfran Conveyors has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECM9399P1Z7 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Miven Mayfran Conveyors Private Limited, buy the company report.
Recent activity
Miven Mayfran Conveyors Private Limited has 17 board changes on record since 1986: 6 appointments and 11 cessations. The latest: Naoshige Sakai ceased to be Nominee Director on 05 Jul 2024.
17 earlier events are in the company report.
Frequently asked questions
Miven Mayfran Conveyors is an active private limited company based in Hubli, Karnataka, India. The company works in industrial machine tools, within the machinery and equipment industry. It was incorporated on 21 October 1986 (40+ years old) and is registered under CIN U29150KA1986PTC007869.
Miven Mayfran Conveyors has 5 current directors:
- Sandeep Sirur - Managing Director
- Franciscus Louis Josephus Hinssen - Nominee Director
- Alka Vikram Sirur - Director
- Vikram Raghavesh Sirur - Director
- Yoji Konishi - Nominee Director
The latest financial statements of Miven Mayfran Conveyors on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 29 September 2026. Year-wise statements from 2015 are in the company report.
The GSTIN of Miven Mayfran Conveyors is 29AAECM9399P1Z7, registered in Karnataka.
The CIN (Corporate Identification Number) of Miven Mayfran Conveyors is U29150KA1986PTC007869. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Miven Mayfran Conveyors has 4 court cases on record: 3 filed by the company and 1 filed against it. 1 is pending. Most are in the district courts.
Miven Mayfran Conveyors was incorporated on 21 October 1986, making it 40+ years old. It is registered with the Registrar of Companies, Bangalore.
Naoshige Sakai ceased to be Nominee Director on 05 Jul 2024. Yoji Konishi was appointed as Nominee Director on 05 Jul 2024. Franciscus Louis Josephus Hinssen was appointed as Nominee Director on 25 Apr 2022. Miven Mayfran Conveyors has 17 board changes on record in total.
Miven Mayfran Conveyors has 14 MSME Form 1 returns on record between 2019 and 2024, listing 1,084 overdue payments to 25 micro and small suppliers. The latest return was filed on 29 Apr 2024.
Miven Mayfran Conveyors can be reached through the website mivenmayfran.com. Its registered office is in Hubli, Karnataka, India.
The registered office of Miven Mayfran Conveyors is at SirurS Compound Karwar Road, Hubli, Karnataka, India – 580024.
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