
Mohak Mercantile Private Limited
About Mohak Mercantile Private Limited
Data last updated:
Mohak Mercantile Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the industrial machinery retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 08 December 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70100MH2005PTC157903. Its GSTIN is 27AAECM4902A1ZZ (Maharashtra).
The company has an authorised share capital of ₹9 Lakh and a paid-up capital of ₹2.27 Lakh. It is led by directors Chandrakant Indrapal Khandelwal and Ashok Nawal.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 8/10 Bora Bazar Street 2nd Floor Fort, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2024, the company reported a revenue of ₹23.23 Lakh, a decline of 97% compared to the previous year. For the same year it recorded a net loss of ₹11.72 Lakh (net margin -50.5%) and EBITDA of -₹68,240 (EBITDA margin -2.9%). Revenue has declined at a compounded annual rate (CAGR) of 34% over three years and 2% over five years.
As per MCA filings, the company has satisfied charges of ₹1.25 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Mohak Mercantile Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address8/10 Bora Bazar Street 2nd Floor Fort, Mumbai, Maharashtra, India – 400001
- IndustryMachinery and Equipment, Industrial Machinery Retail & Distribution
To see the full contact details of Mohak Mercantile 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
Financials of Mohak Mercantile Private Limited
FY 2024 filings availableMohak Mercantile Private Limited reported revenue of ₹23.23 Lakh (down 97% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 2% over five years, including a 97% fall in the latest year. EBITDA fell 105% 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 |
|---|---|---|---|---|---|
| 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 | -₹68,240 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹11.72 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -2.9% | ||||
| Net Profit Margin | -50.5% | ||||
| 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 Mohak Mercantile Private Limited, buy the company report.
Board of directors of Mohak Mercantile Private Limited
Mohak Mercantile has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chandrakant Indrapal Khandelwal | Director | 02 Apr 2018 | 8 Years 7 Months | Current |
| Ashok Nawal Also directs: Novitate Partners LLP, Divyajyot Mercantile LLP, Sharayu Mercantile Private Limited and 5 more | Director | 20 Mar 2021 | 5 Years 7 Months | Current |
Peer comparison
Mohak Mercantile Private Limited is compared with the 4 companies closest to it by revenue in the Metals and Minerals industry (Machinery and Equipment Retail and Distribution, Materials Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hitchan Project Private Limited | ₹23.35 Lakh (FY 2025) | -99.0% | Ahmedabad, Gujarat, India | |||
| Kriti Impex Private Limited | ₹23.25 Lakh (FY 2025) | -20.0% | Mumbai, Maharashtra, India | |||
| Mohak Mercantile Private Limitedthis company | ₹23.23 Lakh (FY 2024) | -₹11.72 Lakh | -50.5% | -97.0% | Mumbai, Maharashtra, India | |
| Ashirwad Mercantile Private Limited | ₹23.09 Lakh (FY 2025) | 37.0% | Balasore, Odisha, India | |||
| Mokhyam Solution & Services Private Limited | ₹23.01 Lakh (FY 2023) | 296.0% | Alwar, Rajasthan, India |
To see the full peer comparison of Mohak Mercantile Private Limited, buy the company report.
Auditor
Mohak Mercantile Private Limited is audited by R A KUVADIA & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R A KUVADIA & CO | FY 2022 | 105487W |
Shareholding
The shareholding of Mohak Mercantile Private Limited 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 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mohak Mercantile Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Feb 2008 | 10092085 | Excellent Co.Operative Bank Limited | ₹1.25 Cr | Satisfied |
To see the full charge records of Mohak Mercantile Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Mohak Mercantile Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mohak Mercantile Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mohak Mercantile has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECM4902A1ZZ | Maharashtra | Active | 20 Nov 2018 |
To see the full GST registrations and return filing status of Mohak Mercantile Private Limited, buy the company report.
Recent activity
Mohak Mercantile Private Limited has 8 board changes on record since 2010: 2 appointments and 6 cessations. The latest: Ashok Nawal ceased to be Additional Director on 29 Nov 2021.
1 earlier event is in the company report.
Frequently asked questions
Mohak Mercantile is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial machinery retail and distribution, within the machinery and equipment industry. It was incorporated on 08 December 2005 (21+ years old) and is registered under CIN U70100MH2005PTC157903.
Mohak Mercantile has 2 current directors:
- Chandrakant Indrapal Khandelwal - Director
- Ashok Nawal - Director
The latest financial statements of Mohak Mercantile on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Mohak Mercantile is 27AAECM4902A1ZZ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Mohak Mercantile is U70100MH2005PTC157903. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mohak Mercantile was incorporated on 08 December 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Mohak Mercantile by revenue are Hitchan Project Private Limited, Kriti Impex Private Limited, Ashirwad Mercantile Private Limited, Mokhyam Solution & Services Private Limited, all in the Metals and Minerals industry (Machinery and Equipment Retail and Distribution, Materials Retail and Distribution), with the same principal business activity (wholesale trading).
Ashok Nawal ceased to be Additional Director on 29 Nov 2021. Ashok Nawal was appointed as Director on 20 Mar 2021. Vasudev Vrundavan Tiwari ceased to be Additional Director on 20 Sep 2019. Mohak Mercantile has 8 board changes on record in total.
The registered office of Mohak Mercantile is at 810 Bora Bazar Street 2nd Floor Fort, Mumbai, Maharashtra, India – 400001.
Mohak Mercantile operates in the machinery and equipment industry, in the industrial machinery retail and distribution segment.
Mohak Mercantile has no open charges and satisfied charges of ₹1.25 Cr as per latest MCA filings.

