Startup India Government of India
MQ Surfaces Private Limited - manufacturing in Nathdwara, Rajasthan, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹80.17 Cr
▲ 21% YoY
Net profit · FY 2025
₹2.22 Cr
Net margin 2.8%
EBITDA · FY 2025
₹14.04 Cr
EBITDA margin 17.5%
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹10 Cr
Issued & subscribed
Open charges
₹73.58 Cr
Secured borrowings
Company age
5 yrs
Est. 2021
Employees · EPFO
11
Provident fund records
About MQ Surfaces Private Limited
Data last updated:
MQ Surfaces Private Limited is a private limited company based in Nathdwara, Rajasthan, India, recognised as a startup by DPIIT. It operates in the ceramics segment of the manufacturing sector. It was incorporated on 15 June 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U26990RJ2021PTC075348. Its GSTIN is 08AAOCM6788J1ZI (Rajasthan).
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹10 Cr. It is led by directors including Devkinandan Kabra and Mukesh Kumar Kabra.
Its last annual general meeting (AGM) was held on 15 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Village Shikarwadi Bilota Delwara, Nathdwara, Rajasthan, India – 313202.
As per the financials filed for FY 2025, the company reported a revenue of ₹80.17 Cr, a growth of 21% compared to the previous year. For the same year it recorded a net profit of ₹2.22 Cr (net margin 2.8%) and EBITDA of ₹14.04 Cr (EBITDA margin 17.5%).
The company has about 11 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹73.58 Cr on record.
MQ Surfaces Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-RJ-33-0013992). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mqsurfaces.com.
Company details
CIN U26990RJ2021PTC075348
Registration Number 075348
Incorporation Date 15 June 2021
ROC Jaipur
Listing Status Unlisted
Company Status Active
Date of Last AGM 15 September 2025
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification MSME
Udyam Registration UDYAM-RJ-33-0013992
Recognitions & Rankings of MQ Surfaces
MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-RJ-33-0013992
Contact details
MQ Surfaces Private Limited's registered office is in Nathdwara, Rajasthan. Its website is mqsurfaces.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressVillage Shikarwadi Bilota Delwara, Nathdwara, Rajasthan, India – 313202
- IndustryManufacturing, Ceramics, Sanitaryware & Tile
To see the full contact details of MQ Surfaces Private Limited, buy the company report.
Comprehensive company report
MQ Surfaces 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 MQ Surfaces is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of MQ Surfaces Private Limited, buy the company report.
Financials of MQ Surfaces Private Limited
FY 2024 filings availableMQ Surfaces Private Limited reported revenue of ₹80.17 Cr (up 21% YoY) for FY 2025.
Revenue · FY 2025
₹80.17 Cr ▲ 21%
Net profit · FY 2025
₹2.22 Cr margin 2.8%
EBITDA · FY 2025
₹14.04 Cr margin 17.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 21%
EBITDA CAGR growth
1 year
▲ 17%
3 years · compounded
▲ 570%
Revenue rose 21% in the latest year. EBITDA rose 17% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| 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 | ₹14.04 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹2.22 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 17.5% | |||
| Net Profit Margin | 2.8% | |||
| 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 MQ Surfaces Private Limited, buy the company report.
Board of directors of MQ Surfaces Private Limited
MQ Surfaces has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Devkinandan Kabra Also directs: Madhusudan Granito LLP, SBK Buildcon Private Limited | Director | 23 Aug 2021 | 5 Years 2 Months | Current |
| Mukesh Kumar Kabra Also directs: Madhusudan Marbles Private Limited | Director | 15 Jun 2021 | 5 Years 4 Months | Current |
| Narayan Kabra Also directs: Madhusudan Marbles Private Limited | Director | 28 May 2025 | 1 Years 5 Months | Current |
Peer comparison
MQ Surfaces Private Limited is compared with the 5 companies closest to it by revenue in the Manufacturing industry (Ceramics, Sanitaryware and Tiles), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Itacon Granito Private Limited | ₹80.97 Cr (FY 2025) | -9.0% | Morbi, Gujarat, India | |||
| Zarko Granito Private Limited | ₹80.43 Cr (FY 2025) | -17.0% | Morbi, Gujarat, India | |||
| MQ Surfaces Private Limitedthis company | ₹80.17 Cr (FY 2025) | ₹2.22 Cr | 2.8% | 21.0% | 11 | Nathdwara, Rajasthan, India |
| Monier Roofing Private Limited | ₹79.3 Cr (FY 2025) | 7.0% | Kozhikode, Kerala, India | |||
| Elica Vitrified Private Limited | ₹77.87 Cr (FY 2024) | 6.0% | Ghuntu, Gujarat, India | |||
| Stone Exporters (India) Private Limited | ₹77.84 Cr (FY 2023) | -48.0% | Hyderabad, Telangana, India |
To see the full peer comparison of MQ Surfaces Private Limited, buy the company report.
Auditor
MQ Surfaces Private Limited is audited by R. Mohnot & Co. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R. Mohnot & Co. LLP | FY 2023 | 001654C/C400008 |
Shareholding
The shareholding of MQ Surfaces Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of MQ Surfaces Private Limited, buy the company report.
Charges & borrowings
Open charges
₹73.58 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Jul 2024 | 100973010 | Hdfc Bank Limited | ₹4.63 Lakh | Open | |
| 30 Apr 2024 | 100942526 | Others | ₹26.88 Lakh | Open | |
| 05 Mar 2022 | 100547325 | Hdfc Bank Limited | ₹73.26 Cr | Open |
To see the full charge records of MQ Surfaces Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving MQ Surfaces 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 MQ Surfaces Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
MQ Surfaces Private Limited has a workforce of 11 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
11
Active EPFO establishments
1
Employee growth
-50%
GST
MQ Surfaces has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAOCM6788J1ZI | Rajasthan | Active | 12 Jul 2021 |
To see the full GST registrations and return filing status of MQ Surfaces Private Limited, buy the company report.
Recent activity
MQ Surfaces Private Limited has 5 board changes on record since 2021: 4 appointments and 1 cessation. The latest: Madhusudan Kabra ceased to be Director on 16 Oct 2025.
Ceased
Madhusudan Kabra ceased to be Director.
AGM
Mq Surfaces Private Limited last Annual general meeting of members was held on 15 Sep 2025 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited of Rs. 73.26 Cr registered on 05 Mar 2022 with Charge ID 100547325 was modified on 22 Aug 2025.
Appointed
Narayan Kabra was appointed as Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.05 Cr with Charge ID 100973010 was registered on 24 Jul 2024.
Charges
A charge with Others amounted to Rs. 0.27 Cr with Charge ID 100942526 was registered on 30 Apr 2024.
Filing
Mq Surfaces Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Jaipur.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 73.26 Cr with Charge ID 100547325 was registered on 05 Mar 2022.
Appointed
Devkinandan Kabra was appointed as Director.
Appointed
Madhusudan Kabra was appointed as Director.
Appointed
Mukesh Kumar Kabra was appointed as Director.
Incorporation
15 Jun 2021
Mq Surfaces Private Limited was registered on 15 Jun 2021 with Roc Jaipur & aged 5 years 4 months as per MCA records.
Frequently asked questions
MQ Surfaces is an active private limited company based in Nathdwara, Rajasthan, India. The company works in ceramics, within the manufacturing industry. It was incorporated on 15 June 2021 (5+ years old) and is registered under CIN U26990RJ2021PTC075348.
MQ Surfaces has 3 current directors:
- Devkinandan Kabra - Director
- Mukesh Kumar Kabra - Director
- Narayan Kabra - Director
The latest financial statements of MQ Surfaces on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 15 September 2025. Year-wise statements from FY 2022 are in the company report.
The GSTIN of MQ Surfaces is 08AAOCM6788J1ZI, registered in Rajasthan.
The CIN (Corporate Identification Number) of MQ Surfaces is U26990RJ2021PTC075348. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MQ Surfaces was incorporated on 15 June 2021, making it 5+ years old. It is registered with the Registrar of Companies, Jaipur.
The peers of MQ Surfaces by revenue are Itacon Granito Private Limited, Zarko Granito Private Limited, Monier Roofing Private Limited, Elica Vitrified Private Limited, Stone Exporters (India) Private Limited, all in the Manufacturing industry (Ceramics, Sanitaryware and Tiles), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Madhusudan Kabra ceased to be Director on 16 Oct 2025. Narayan Kabra was appointed as Director on 28 May 2025. Devkinandan Kabra was appointed as Director on 23 Aug 2021. MQ Surfaces has 5 board changes on record in total.
Yes, MQ Surfaces is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, MQ Surfaces is registered as an MSME under Udyam registration (number: UDYAM-RJ-33-0013992).
MQ Surfaces can be reached through the website mqsurfaces.com. Its registered office is in Nathdwara, Rajasthan, India.