About Mortex India Private Limited
Data last updated:
Mortex India Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 31 August 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U52190WB2012PTC185320. Its GSTIN is 19AAICM2014M1ZC (West Bengal).
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹13.82 Cr. It is led by directors Ayush Keyal and Mahesh Chandra Keyal.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 20B Abdul Hamid Street, Kolkata, West Bengal, India – 700069.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,920.15 Cr, a growth of 127% compared to the previous year. For the same year it recorded a net profit of ₹48.43 Cr (net margin 2.5%) and EBITDA of ₹75.12 Cr (EBITDA margin 3.9%). Revenue has grown at a compounded annual rate (CAGR) of 63% over three years and 64% over five years.
As per MCA filings, the company has open charges of ₹566 Cr and satisfied charges of ₹27.22 Cr on record. Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it; 3 cases are pending. The company has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹7.05 Cr; the latest was in March 2021. Its 10 peer companies in the Metals and Minerals industry (Metal Retail and Distribution) are compared by revenue, 5 larger and 5 smaller; the largest is Oswal Minerals Limited with revenue of ₹2,074.79 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mortex.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address20B Abdul Hamid Street, Kolkata, West Bengal, India – 700069
- 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
Business Activity of Mortex India Private Limited
The main business activity of Mortex India is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Mortex India Private Limited FY 2025 filings available
Mortex India Private Limited reported revenue of ₹1,920.15 Cr (up 127% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Mortex India Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 64% over five years, including 127% growth in the latest year. EBITDA rose 292% 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 Mortex India Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹75.12 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹48.43 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 | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Mortex India Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.5% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Mortex 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.
Peer Comparison of Mortex India Private Limited
Mortex India Private Limited is compared with the companies closest to it by revenue in the Metals and Minerals industry (Metal Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Oswal Minerals Limited | ₹2,074.79 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Varam, Chennai-43, Tamil Nadu, India |
| BMW Ventures Limited | ₹2,067.33 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Patna, Bihar, India |
| I Fab Steel Private Limited | ₹2,020.74 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | Chennai, Tamil Nadu, India |
| Anm Ispat Private Limited | ₹1,953.38 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | Mumbai, Maharashtra, India |
| Sri Shivsakthi Mercantile Private Limited | ₹1,932.41 Cr (FY 2022) | •••• | •••• | 50.0% | •••• | Chennai, Tamil Nadu, India |
| Mortex India Private Limited this company | ₹1,920.15 Cr (FY 2025) | •••• | •••• | 127.0% | •••• | Kolkata, West Bengal, India |
| Indu Corporation Private Limited | ₹1,772.02 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Mumbai, Maharashtra, India |
| Kothari Metals Ltd | ₹1,687.47 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Kolkata, West Bengal, India |
| Abn Trade Link Private Limited | ₹1,640.42 Cr (FY 2016) | •••• | •••• | 28.0% | •••• | Mumbai, Maharashtra, India |
| Sponge Sales India Private Limited | ₹1,620.22 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Delhi, India |
| Purple Products Private Limited | ₹1,611.53 Cr (FY 2025) | •••• | •••• | 44.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Mortex India by revenue in the Metals and Minerals industry (Metal Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Mortex India Private Limited
Mortex India Private Limited is audited by J Loyalka & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| J Loyalka & 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 Mortex India Private Limited
Mortex India has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ayush Keyal Also directs: Premium Ferromet Pvt Ltd, Shivdham Advisory Pvt Ltd, Dhanlaxmi Nirman Private Limited and 2 more | Director | 31 Aug 2012 | 14 Years 1 Months | Current |
| Mahesh Chandra Keyal Also directs: Shivdham Advisory Pvt Ltd, Dhanlaxmi Nirman Private Limited, Mortex Ferrosmiths Private Limited and 4 more | Director | 31 Aug 2012 | 14 Years 1 Months | Current |
Ownership and Shareholding of Mortex India Private 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 Mortex India Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Sep 2025 | Indian Bank | ₹30 Cr | Open |
| 27 Jun 2025 | Others | ₹50 Cr | Open |
| 26 Nov 2024 | Others | ₹40 Cr | Open |
| 08 Aug 2024 | Others | ₹50 Cr | Open |
| 25 Jul 2024 | Hdfc Bank Limited | ₹50 Cr | Open |
Total charge records: 12 View all charges
Deals & Funding of Mortex India Private Limited
Mortex India Private Limited has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹7.05 Cr; the latest was in March 2021.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Sep 2018 | Funding round | ₹7 Cr | Investors: 3 individuals |
| Aug 2013 | Funding round | ₹5.1 Lakh | Investors: an individual |
Full deal history
All 3 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Mortex India Private Limited
Mortex India Private Limited has 4 court cases on record: 3 filed by Mortex India, 1 filed against it. 3 cases are pending and 1 is disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 1 | 2 |
| High courts | 1 | 0 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Nagpur, Maharashtra | Arbitration matter | Filed against the company by Rajadhiraj Tirupani Vinayak Natraj Private Limited | Pending |
| District court, Calcutta, West Bengal | Court case (TS) | Filed by the company against an individual | Pending |
| Calcutta High Court | Writ petition | Filed by the company against Income Tax Officer, Ward No.3(1), Kolkata | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against an individual | Disposed |
Full case history
All 4 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 Mortex India Private Limited
Employment history and EPFO contributions of people linked to Mortex 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.
Recent Activity on Mortex India Private Limited
Mortex India Private Limited has 2 board changes on record since 2012: 2 appointments. The latest: Ayush Keyal was appointed as Director on 31 Aug 2012.
13 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Mortex India Private 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 Mortex India Private 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 Mortex India Private 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 Mortex India Private Limited
Mortex India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAICM2014M1ZC | West Bengal | 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 Mortex India Private 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 Mortex India Private Limited
Mortex India is an active private limited company based in Kolkata, West Bengal, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 31 August 2012 (14+ years old) and is registered under CIN U52190WB2012PTC185320.
Mortex India reported revenue of ₹1,920.15 Cr for FY 2025 (up 127% YoY).
Mortex India has 2 current directors:
- Ayush Keyal - Director
- Mahesh Chandra Keyal - Director
Mortex India reported a net profit of ₹48.43 Cr (net margin 2.5%) and EBITDA of ₹75.12 Cr (EBITDA margin 3.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Mortex India is 63% over three years and 64% over five years. In the latest year (FY 2025) revenue rose 127%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Mortex India is 19AAICM2014M1ZC, registered in West Bengal.
The CIN (Corporate Identification Number) of Mortex India is U52190WB2012PTC185320. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mortex India has 4 court cases on record: 3 filed by the company and 1 filed against it. 3 are pending. Most are in the district courts.
Mortex India was incorporated on 31 August 2012, making it 14+ years old. It is registered with the Registrar of Companies, Kolkata.
Mortex India has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹7.05 Cr; the latest was in March 2021.
The peers of Mortex India by revenue are Oswal Minerals Limited, BMW Ventures Limited, I Fab Steel Private Limited, Anm Ispat Private Limited, Sri Shivsakthi Mercantile Private Limited and 5 more, all in the Metals and Minerals industry (Metal Retail and Distribution).