MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-19-0149430
Montecino Industries Private Limited
Montecino Industries Private Limited - manufacturing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹73.67 Lakh
▼ 8% YoY
Net loss · FY 2024
₹12.14 Lakh
Net margin -16.5%
EBITDA · FY 2024
-₹9.84 Lakh
EBITDA margin -13.4%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Satisfied charges
₹10 Cr
No open charges
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings
About Montecino Industries Private Limited
Data last updated:
Montecino Industries Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Montecino Constructions Private Limited. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 13 April 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U18100MH2017PTC293863. Its GSTIN is 27AAKCM9960E1Z1 (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Vijay Hiramani Dangwal and Ganesh Eknath Borbande.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 1607 Floor – 16 Plot – 453 Lodha Supremus Senapati Bapat Marg Lower Parel, Mumbai, Maharashtra, India – 400013.
As per the financials filed for FY 2024, the company reported a revenue of ₹73.67 Lakh, a decline of 8% compared to the previous year. For the same year it recorded a net loss of ₹12.14 Lakh (net margin -16.5%) and EBITDA of -₹9.84 Lakh (EBITDA margin -13.4%). Revenue has declined at a compounded annual rate (CAGR) of 59% over three years and 11% over five years.
As per MCA filings, the company has satisfied charges of ₹10 Cr on record. Court records list 4 cases involving the company, including 4 filed by the company; 1 case is pending.
Montecino Industries Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0149430). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U18100MH2017PTC293863
Registration Number 293863
Incorporation Date 13 April 2017
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Montecino Constructions Private Limited
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-19-0149430
CIN history
Montecino Industries has one previous CIN (Corporate Identification Number): U74999MH2017PTC293863. The current CIN is U18100MH2017PTC293863, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U18100MH2017PTC293863 | Current |
| U74999MH2017PTC293863 | Previous |
Recognitions & Rankings of Montecino Industries
Contact details
Montecino Industries Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address1607 Floor – 16 Plot – 453 Lodha Supremus Senapati Bapat Marg Lower Parel, Mumbai, Maharashtra, India – 400013
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Montecino Industries Private Limited, buy the company report.
Comprehensive company report
Montecino Industries 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 Montecino Industries is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Montecino Industries Private Limited, buy the company report.
Financials of Montecino Industries Private Limited
FY 2025 filings availableMontecino Industries Private Limited reported revenue of ₹73.67 Lakh (down 8% YoY) for FY 2024.
Revenue · FY 2024
₹73.67 Lakh ▼ 8%
Net loss · FY 2024
₹12.14 Lakh margin -16.5%
EBITDA · FY 2024
-₹9.84 Lakh margin -13.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 8%
3 years · compounded
▼ 59%
5 years · compounded
▼ 11%
EBITDA CAGR growth
1 year
▲ 96%
3 years · compounded
▲ 72%
5 years · compounded
▼ 22%
Revenue has declined at a compounded annual rate (CAGR) of 11% over five years, including a 8% fall in the latest year. EBITDA rose 96% 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 | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | -₹9.84 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹12.14 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -13.4% | ||||
| Net Profit Margin | -16.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Montecino Industries Private Limited, buy the company report.
Board of directors of Montecino Industries Private Limited
Montecino Industries has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijay Hiramani Dangwal | Director | 13 Apr 2017 | 9 Years 6 Months | Current |
| Ganesh Eknath Borbande Also directs: Americorp Construction Corporation Private Limited, Frontline Realty Private Limited, Empire Realty Private Limited and 5 more | Director | 13 Jun 2025 | 1 Years 4 Months | Current |
Peer comparison
Montecino Industries Private Limited is compared with the 3 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Snopbags Private Limited | ₹73.74 Lakh (FY 2021) | 154.0% | Mumbai, Maharashtra, India | |||
| Montecino Industries Private Limitedthis company | ₹73.67 Lakh (FY 2024) | -₹12.14 Lakh | -16.5% | -8.0% | Mumbai, Maharashtra, India | |
| Metta Muse India Private Limited | ₹73.66 Lakh (FY 2025) | 368175.0% | Bangalore, Karnataka, India | |||
| Perfect Lifestyle and Fashion Private Limited | ₹73.59 Lakh (FY 2022) | 1244.0% | Mashjid Moth Vill, Delhi, India |
To see the full peer comparison of Montecino Industries Private Limited, buy the company report.
Auditor
Montecino Industries Private Limited is audited by NGS & Co. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NGS & Co. LLP | FY 2023 | 119850W |
Shareholding
The shareholding of Montecino Industries 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Montecino Industries Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹10 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Mar 2019 | 100253421 | Hdfc Bank Limited | ₹10 Cr | Satisfied |
To see the full charge records of Montecino Industries Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Montecino Industries Private Limited has 4 court cases on record: 4 filed by Montecino Industries. 1 case is pending and 3 are disposed.
Total cases
4
Filed by the company
4
Pending
1
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 0 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary case) | Filed by the company against an individual | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons cases SS) | Filed by the company against an individual | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMARY CASE) | Filed by the company against an individual | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (S S) | Filed by the company against an individual | Disposed |
To see the full case history of Montecino Industries 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Montecino Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Montecino Industries has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAKCM9960E1Z1 | Maharashtra | Active | 20 Nov 2018 |
To see the full GST registrations and return filing status of Montecino Industries Private Limited, buy the company report.
Recent activity
Montecino Industries Private Limited has 5 board changes on record since 2017: 2 appointments and 3 cessations. The latest: Ganesh Eknath Borbande ceased to be Additional Director on 28 Sep 2025.
AGM
Montecino Industries Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Ceased
Ganesh Eknath Borbande ceased to be Additional Director.
Appointed
Ganesh Eknath Borbande was appointed as Director.
Filing
Montecino Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Charges
A charge registered on 08 Mar 2019 via Charge ID 100253421 with Hdfc Bank Limited was fully satisfied on 21 Jul 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1,000.00 Lakh with Charge ID 100253421 was registered on 08 Mar 2019.
Ceased
Sandeep Subhash Parulekar ceased to be Additional Director.
Ceased
Jitendra Ramchandra Abhang ceased to be Director.
Appointed
Vijay Hiramani Dangwal was appointed as Director.
Incorporation
13 Apr 2017
Montecino Industries Private Limited was registered on 13 Apr 2017 with Roc Mumbai I & aged 9 years 6 months as per MCA records.
Frequently asked questions
Montecino Industries is an active private limited company based in Mumbai, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 13 April 2017 (9+ years old) and is registered under CIN U18100MH2017PTC293863.
Montecino Industries has 2 current directors:
- Vijay Hiramani Dangwal - Director
- Ganesh Eknath Borbande - Director
The latest financial statements of Montecino Industries on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Montecino Industries is 27AAKCM9960E1Z1, registered in Maharashtra.
The CIN (Corporate Identification Number) of Montecino Industries is U18100MH2017PTC293863. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Montecino Industries has 4 court cases on record: 4 filed by the company. 1 is pending.
Montecino Industries was incorporated on 13 April 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Montecino Industries by revenue are Snopbags Private Limited, Metta Muse India Private Limited, Perfect Lifestyle and Fashion Private Limited, all in the Manufacturing industry (Textiles), with the same principal business activity (retail trading).
Ganesh Eknath Borbande ceased to be Additional Director on 28 Sep 2025. Ganesh Eknath Borbande was appointed as Director on 13 Jun 2025. Sandeep Subhash Parulekar ceased to be Additional Director on 26 Sep 2018. Montecino Industries has 5 board changes on record in total.
Yes, Montecino Industries is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0149430).
The registered office of Montecino Industries is at 1607 Floor – 16 Plot – 453 Lodha Supremus Senapati Bapat Marg Lower Parel, Mumbai, Maharashtra, India – 400013.