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About M.J.Patel (India) Limited
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M.J.Patel (India) Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 17 December 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH1990PLC059446. Its GSTIN is 27AABCM8347E1ZF (Maharashtra).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.5 Cr. It is led by directors including Vijaykumar Narayan Achary and Jay Girishbhai Patel.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 118 P D Mello Road Near Carnac Bridge, Mumbai, Maharashtra, India – 400009.
As per the financials filed for FY 2022, the company reported a revenue of ₹19.27 Lakh, a growth of 37% compared to the previous year. For the same year it recorded a net profit of ₹55,921 (net margin 2.9%) and EBITDA of ₹9.81 Lakh (EBITDA margin 50.9%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years and 31% over five years.
The company has about 7 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹12.4 Cr on record. Court records list 19 cases involving the company, including 19 filed by the company; 2 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 mjpil.com.
Company details
CIN history
M.J.Patel (India) has one previous CIN (Corporate Identification Number): U45200MH1990PTC059446. The current CIN is U45200MH1990PLC059446, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45200MH1990PLC059446 | Current |
| U45200MH1990PTC059446 | Previous |
Contact details
M.J.Patel (India) Limited's registered office is in Mumbai, Maharashtra. Its website is mjpil.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address118 P D Mello Road Near Carnac Bridge, Mumbai, Maharashtra, India – 400009
- IndustryMetals and Minerals, Metal Retail & Distribution
To see the full contact details of M.J.Patel (India) 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
Financials of M.J.Patel (India) Limited
FY 2025 filings availableM.J.Patel (India) Limited reported revenue of ₹19.27 Lakh (up 37% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 37% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 31%. EBITDA rose 174% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹19.27 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹9.81 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹55,921 | ||||
| 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 50.9% | ||||
| Net Profit Margin | 2.9% | ||||
| 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 M.J.Patel (India) Limited, buy the company report.
Board of directors of M.J.Patel (India) Limited
M.J.Patel (India) has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijaykumar Narayan Achary Also directs: K.Boiler Components Pvt Ltd, Bright Warehousing and Leasing Private Limited, Tube Weld Engineering Works Limited and 5 more | Director | 01 Feb 2024 | 2 Years 9 Months | Current |
| Jay Girishbhai Patel Also directs: The Royal Strikers Cricket Club LLP, K Valves and Tubes Engineers Private Limited, K.Boiler Components Pvt Ltd and 5 more | Director | 20 Oct 2010 | 16 Years 0 Months | Current |
| Bhabani Kinkar Sahu Also directs: K.Boiler Components Pvt Ltd, Tube Weld Engineering Works Limited, Kamsons Investments and Real Estates Private Limited and 4 more | Director | 20 Sep 2021 | 5 Years 1 Months | Current |
| Rajendra Achyut Mahajan Also directs: Albany Investment Company P Ltd, Sonal Investments Private Limited | Additional Director | 07 Feb 2026 | 0 Years 8 Months | Current |
Auditor
M.J.Patel (India) Limited is audited by VINOD RANA & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VINOD RANA & CO | FY 2020 | 111521W |
Shareholding
The shareholding of M.J.Patel (India) Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of M.J.Patel (India) Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Aug 2007 | 10065646 | State Bank of India | ₹11 Cr | Satisfied | |
| 04 Mar 1998 | 80012976 | State Bank of India | ₹30 Lakh | Satisfied | |
| 04 Mar 1998 | 80012979 | State Bank of India | ₹30 Lakh | Satisfied | |
| 04 Mar 1998 | 90163676 | State Bank of India | ₹80 Lakh | Satisfied |
To see the full charge records of M.J.Patel (India) Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
M.J.Patel (India) Limited has 19 court cases on record: 19 filed by M.J.Patel (India). 2 cases are pending and 17 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 12 | 0 | 2 |
| District courts | 7 | 0 | 0 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (LPETN) | Filed by the company against M/S. Gail (India) Ltd. | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against Gail India Ltd | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against Jindal Poly Films Ltd | Disposed |
| Bombay High Court | Court case (SS) | Filed by the company against Gail (India) Ltd. | Disposed |
| Bombay High Court | Court case (SS) | Filed by the company against Zenith Thermal Equipment Pvt. Ltd. | Disposed |
To see the full case history of M.J.Patel (India) 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 M.J.Patel (India) Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
M.J.Patel (India) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCM8347E1ZF | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of M.J.Patel (India) Limited, buy the company report.
Recent activity
M.J.Patel (India) Limited has 10 board changes on record since 2010: 4 appointments and 6 cessations. The latest: Rajendra Achyut Mahajan was appointed as Additional Director on 07 Feb 2026.
11 earlier events are in the company report.
Frequently asked questions
M.J.Patel (India) is an active public limited company based in Mumbai, Maharashtra, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 17 December 1990 (36+ years old) and is registered under CIN U45200MH1990PLC059446.
M.J.Patel (India) has 4 current directors:
- Vijaykumar Narayan Achary - Director
- Jay Girishbhai Patel - Director
- Bhabani Kinkar Sahu - Director
- Rajendra Achyut Mahajan - Additional Director
The latest financial statements of M.J.Patel (India) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of M.J.Patel (India) is 27AABCM8347E1ZF, registered in Maharashtra.
The CIN (Corporate Identification Number) of M.J.Patel (India) is U45200MH1990PLC059446. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
M.J.Patel (India) has 19 court cases on record: 19 filed by the company. 2 are pending. Most are in the high courts.
M.J.Patel (India) was incorporated on 17 December 1990, making it 36+ years old. It is registered with the Registrar of Companies, Mumbai.
Rajendra Achyut Mahajan was appointed as Additional Director on 07 Feb 2026. Kokilaben Kanubhai Patel ceased to be Director on 14 Feb 2025. Satyavan Vithal Kadam ceased to be Director on 01 Feb 2024. M.J.Patel (India) has 10 board changes on record in total.
M.J.Patel (India) can be reached through the website mjpil.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of M.J.Patel (India) is at 118 P D Mello Road Near Carnac Bridge, Mumbai, Maharashtra, India – 400009.
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