- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0072559

MRK Silver Industry Private Limited
About MRK Silver Industry Private Limited
Data last updated:
MRK Silver Industry Private Limited is a private limited company based in Nelamangala, Karnataka, India. It operates in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 20 March 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U36911KA2021PTC145594. Its GSTIN is 29AAOCM4377R1Z9 (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Abhishek Kothari and Amith Kothari.
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 No. 110/R3 Of Sy No.116 And Sy No.117 Byaderahalli Village Thyamgondalu Hobli, Nelamangala, Karnataka, India – 562132.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.19 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹56.5 Lakh (net margin 17.7%) and EBITDA of ₹1.08 Cr (EBITDA margin 33.7%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years.
As per MCA filings, the company has open charges of ₹1.02 Cr on record.
MRK Silver Industry Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0072559).
Company details
Recognitions & Rankings of MRK Silver Industry
Contact details
MRK Silver Industry Private Limited's registered office is in Nelamangala, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo. 110/R3 Of Sy No.116 And Sy No.117 Byaderahalli Village Thyamgondalu Hobli, Nelamangala, Karnataka, India – 562132
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of MRK Silver Industry 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
Business activity
The main business activity of MRK Silver Industry is manufacturing. In detail, this covers manufacture of basic metals.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 24 | Manufacture of basic metals |
To see the full business activity and turnover split of MRK Silver Industry Private Limited, buy the company report.
Financials of MRK Silver Industry Private Limited
FY 2025 filings availableMRK Silver Industry Private Limited reported revenue of ₹3.19 Cr (up 17% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 4% over three years, including 17% growth in the latest year. EBITDA rose 79% 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 | 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 | ₹1.08 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹56.5 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 33.7% | ||||
| Net Profit Margin | 17.7% | ||||
| 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 MRK Silver Industry Private Limited, buy the company report.
Board of directors of MRK Silver Industry Private Limited
MRK Silver Industry has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abhishek Kothari Also directs: MRK Silver LLP, Dvaar Silver International Private Limited, Mangalore Integrated Township Private Limited and 3 more | Director | 20 Mar 2021 | 5 Years 7 Months | Current |
| Amith Kothari Also directs: MRK Silver LLP, Dvaar Silver International Private Limited, MRK Dvaar Private Limited and 1 more | Director | 20 Mar 2021 | 5 Years 7 Months | Current |
Auditor
MRK Silver Industry Private Limited is audited by PITALIYA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PITALIYA & ASSOCIATES | FY 2023 | 043441 |
Shareholding
The shareholding of MRK Silver Industry Private Limited is on record for 2 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of MRK Silver Industry Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Aug 2025 | 101184812 | Hdfc Bank Limited | ₹1.02 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving MRK Silver Industry 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 MRK Silver Industry Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
MRK Silver Industry Private Limited has 1 active EPFO establishment as of Apr 07, 2024.
GST
MRK Silver Industry has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAOCM4377R1Z9 | Karnataka | Active | 07 Jun 2021 |
To see the full GST registrations and return filing status of MRK Silver Industry Private Limited, buy the company report.
Recent activity
MRK Silver Industry Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Abhishek Kothari was appointed as Director on 20 Mar 2021.
Frequently asked questions
MRK Silver Industry is an active private limited company based in Nelamangala, Karnataka, India. The company works in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 20 March 2021 (5+ years old) and is registered under CIN U36911KA2021PTC145594.
MRK Silver Industry has 2 current directors:
- Abhishek Kothari - Director
- Amith Kothari - Director
The latest financial statements of MRK Silver Industry 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 2021 are in the company report.
The GSTIN of MRK Silver Industry is 29AAOCM4377R1Z9, registered in Karnataka.
The CIN (Corporate Identification Number) of MRK Silver Industry is U36911KA2021PTC145594. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MRK Silver Industry was incorporated on 20 March 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
Abhishek Kothari was appointed as Director on 20 Mar 2021. Amith Kothari was appointed as Director on 20 Mar 2021.
Yes, MRK Silver Industry is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0072559).
The registered office of MRK Silver Industry is at No. 110R3 Of Sy No.116 And Sy No.117 Byaderahalli Village Thyamgondalu Hobli, Nelamangala, Karnataka, India – 562132.
MRK Silver Industry operates in the consumer goods industry, in the watches and jewelry manufacturing segment.

