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About M.J.Patel (India) Limited
Data last updated:
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.
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- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address118 P D Mello Road Near Carnac Bridge, Mumbai, Maharashtra, India – 400009
- IndustryMetals and Minerals, Metal Retail & Distribution
- 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
- One PDF report, delivered after checkout
Financials of M.J.Patel (India) Limited FY 2025 filings available
M.J.Patel (India) Limited reported revenue of ₹19.27 Lakh (up 37% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of M.J.Patel (India) Limited
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 of M.J.Patel (India) Limited
| 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 of M.J.Patel (India) Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of M.J.Patel (India) are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Auditor Details of M.J.Patel (India) Limited
M.J.Patel (India) Limited is audited by VINOD RANA & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| VINOD RANA & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
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 8 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 | 15 Years 11 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 0 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 |
Ownership and Shareholding of M.J.Patel (India) Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of M.J.Patel (India) Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Aug 2007 | State Bank of India | ₹11 Cr | Satisfied |
| 04 Mar 1998 | State Bank of India | ₹30 Lakh | Satisfied |
| 04 Mar 1998 | State Bank of India | ₹30 Lakh | Satisfied |
| 04 Mar 1998 | State Bank of India | ₹80 Lakh | Satisfied |
Total charge records: 4 View all charges
Legal Cases of M.J.Patel (India) Limited
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. Status as checked between 28 Sep 2026 and 04 Oct 2026.
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 Gail (India) Limited | Pending |
| Bombay High Court | Court case (CHS) | Filed by the company against Gail (India) Limited | Disposed |
| Bombay High Court | Court case (SS) | Filed by the company against Jindal Poly Films Limited | Disposed |
| Bombay High Court | Court case (SS) | Filed by the company against Zenith Thermal Equipment Private Limited | Disposed |
| Bombay High Court | Court case (SS) | Filed by the company against Gail (India) Limited | Disposed |
Full case history
All 19 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at M.J.Patel (India) Limited
Employment history and EPFO contributions of people linked to M.J.Patel (India).
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of M.J.Patel (India) Limited
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 |
Recent Activity on M.J.Patel (India) Limited
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 listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for M.J.Patel (India) Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by M.J.Patel (India) Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of M.J.Patel (India) Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of M.J.Patel (India) Limited
M.J.Patel (India) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCM8347E1ZF | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of M.J.Patel (India) Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about M.J.Patel (India) Limited
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) reported revenue of ₹19.27 Lakh for FY 2022 (up 37% YoY).
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
M.J.Patel (India) reported a net profit of ₹55,921 (net margin 2.9%) and EBITDA of ₹9.81 Lakh (EBITDA margin 50.9%) for FY 2022, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of M.J.Patel (India) is 2% over three years and -31% over five years. In the latest year (FY 2022) revenue rose 37%. CAGR is the steady yearly rate that links the first and the last year.
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.