- Category
- Medium (2023-24)
- Udyam number
- UDYAM-DD-01-0000607

About Time Mauser Industries Private Limited
Data last updated:
Time Mauser Industries Private Limited is a private limited company based in Daman, Daman And Diu, India, a subsidiary of Mauser Holding International Gmbh. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 14 August 2003 and has been in existence for over 23 years.
Its director Naveen Jain and family are #1,202 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Goa, under CIN U01122DD2003PTC003276. Its GSTIN is 26AAACO6440R1ZZ (Daman & Diu). The company holds 5 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹22.5 Cr and a paid-up capital of ₹21.65 Cr. It was formerly known as Qpak Industries Private Limited. It is led by directors including Michael Heinrich Steubing and Martin Walter Seiling.
Its last annual general meeting (AGM) was held on 30 June 2025, and its latest financial statements are for the year ended 31 December 2024. The registered office is at 102 1st Floor Centre Point Somnath Daman Road Somnath Dabhel, Daman and Diu, India – 396210.
As per the financials filed for FY 2022, the company reported a revenue of ₹231.3 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹42.46 Lakh (net margin 0.2%) and EBITDA of ₹9.73 Cr (EBITDA margin 4.2%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years.
The company has about 127 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹90 Cr and satisfied charges of ₹126.97 Cr on record. Court records list 20 cases involving the company, including 18 filed by the company and 2 filed against it; 6 cases are pending. The company has 3 deals on record (3 funding rounds), with disclosed funding of ₹31.58 Cr; the latest was in March 2017.
Time Mauser Industries Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-DD-01-0000607). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website timemauser.com.
Company details
Recognitions & Rankings of Time Mauser Industries
- #1,202 Naveen Jain & family ₹2,000 Cr
Contact details
Time Mauser Industries Private Limited's registered office is in Daman, Daman And Diu. Its website is timemauser.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address102 1st Floor Centre Point Somnath Daman Road Somnath Dabhel, Daman and Diu, India – 396210
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Time Mauser Industries 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 Time Mauser Industries Private Limited
FY 2024 filings availableTime Mauser Industries Private Limited reported revenue of ₹231.3 Cr (up 9% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 15% over three years, including 9% growth in the latest year. EBITDA rose 13% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹231.3 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹9.73 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹42.46 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.2% | ||||
| Net Profit Margin | 0.2% | ||||
| 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 Time Mauser Industries Private Limited, buy the company report.
Board of directors of Time Mauser Industries Private Limited
Time Mauser Industries has 5 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Michael Heinrich Steubing | Nominee Director | 23 Apr 2019 | 7 Years 6 Months | Current |
| Martin Walter Seiling | Nominee Director | 13 Jan 2020 | 6 Years 9 Months | Current |
| Ali Ozbudak | Nominee Director | 13 Jan 2020 | 6 Years 9 Months | Current |
| Raghupathy Thyagarajan Also directs: Time Technoplast Limited, Schoeller Allibert Time Materials Handling Solutions Limited, Ace Mouldings Limited and 5 more | Nominee Director | 09 Jun 2012 | 14 Years 4 Months | Current |
| Naveen Mahendrakumar Jain Also directs: Time Technoplast Limited, Schoeller Allibert Time Materials Handling Solutions Limited, Ace Mouldings Limited and 5 more | Nominee Director | 14 Feb 2022 | 4 Years 8 Months | Current |
Auditor
Time Mauser Industries Private Limited is audited by AMPAC & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AMPAC & ASSOCIATES | FY 2022 | 112236W |
Shareholding
The shareholding of Time Mauser Industries 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 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Time Mauser Industries Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Oct 2017 | 100131525 | State Bank of India | ₹90 Cr | Open | |
| 23 Apr 2010 | 10216584 | Axis Bank Limited | ₹35 Cr | Satisfied | |
| 13 May 2008 | 10106486 | Ing Vysya Bank Limited | ₹25.35 Cr | Satisfied | |
| 27 Dec 2006 | 10031532 | Axis Bank Limited | ₹21.1 Cr | Satisfied | |
| 27 Dec 2006 | 10031625 | Axis Bank Limited | ₹21.1 Cr | Satisfied |
To see the full charge records of Time Mauser Industries Private Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Time Mauser Industries Private Limited has 3 deals on record (3 funding rounds), with disclosed funding of ₹31.58 Cr; the latest was in March 2017.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2017 | Funding round | ₹18 Cr | Investors: Mauser Holding International Gmbh, Time Technoplast Limited |
| Oct 2008 | Funding round | ₹4.58 Cr | Investors: Mauser Holding International Gmbh, Time Technoplast Limited |
| Dec 2007 | Funding round | ₹9 Cr | Investors: Mauser Holding International Gmbh, Time Technoplast Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Time Mauser Industries Private Limited has 20 court cases on record: 18 filed by Time Mauser Industries, 2 filed against it. 6 cases are pending and 14 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 20 | 2 | 6 |
Cases on record (5 of 20)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Court case (CHAMBER SUMMONS) | Filed by the company against Ms Maldar Barrels Pvt Ltd | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed by the company against Ms Maldar Barrels Pvt Ltd and 2 others | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMARY CIVIL SUIT) | Filed by the company against Ms Maldar Barrels Pvt Ltd and 2 others | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMARY CIVIL SUIT) | Filed by the company against Amos Enterprise Pvt. Ltd. and 5 others | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CHAMBER SUMMONS) | Filed by the company against Maldar Barrels Pvt. Ltd. and Ors. | Disposed |
To see the full case history of Time Mauser 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.
Credit ratings & regulatory alerts
Time Mauser Industries Private Limited was last rated by Care on 01 Feb 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 01 Feb 2022 |
To see the full credit ratings and regulatory alerts of Time Mauser Industries Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Time Mauser Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Time Mauser Industries has 1 joint venture. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
Employees & EPFO
Time Mauser Industries Private Limited has a workforce of 127 employees on its EPFO records as of Apr 07, 2024, across 2 active EPFO establishments.
GST
Time Mauser Industries has 5 GST registrations: 4 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 26AAACO6440R1ZZ | Daman & Diu | Active | 19 Apr 2022 |
| 24AAACO6440R1Z3 | Gujarat | Active | 01 Jul 2017 |
| 27AAACO6440R1ZX | Maharashtra | Active | 01 Jul 2017 |
| 27AAACO6440R2ZW | Maharashtra | Active | 27 Jul 2017 |
To see the full GST registrations and return filing status of Time Mauser Industries Private Limited, buy the company report.
Recent activity
Time Mauser Industries Private Limited has 15 board changes on record since 2009: 6 appointments and 9 cessations. The latest: Jatin Mahendra Kharwa was appointed as Company Secretary on 14 Feb 2022.
23 earlier events are in the company report.
Frequently asked questions
Time Mauser Industries is an active private limited company based in Daman, Daman And Diu, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 14 August 2003 (23+ years old) and is registered under CIN U01122DD2003PTC003276.
Time Mauser Industries has 5 current directors:
- Michael Heinrich Steubing - Nominee Director
- Martin Walter Seiling - Nominee Director
- Ali Ozbudak - Nominee Director
- Raghupathy Thyagarajan - Nominee Director
- Naveen Mahendrakumar Jain - Nominee Director
The latest financial statements of Time Mauser Industries on record with the MCA are for the year ended 31 December 2024. Its last annual general meeting was held on 30 June 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Time Mauser Industries is 26AAACO6440R1ZZ, registered in Daman & Diu. The company has 5 GST registrations in all, of which 4 are active and 1 is cancelled or inactive. Other active GSTINs include 24AAACO6440R1Z3 (Gujarat), 27AAACO6440R1ZX (Maharashtra), 27AAACO6440R2ZW (Maharashtra).
The CIN (Corporate Identification Number) of Time Mauser Industries is U01122DD2003PTC003276. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Time Mauser Industries has 20 court cases on record: 18 filed by the company and 2 filed against it. 6 are pending.
Time Mauser Industries was incorporated on 14 August 2003, making it 23+ years old. It is registered with the Registrar of Companies, Goa.
Time Mauser Industries has 3 deals on record (3 funding rounds), with disclosed funding of ₹31.58 Cr; the latest was in March 2017.
Jatin Mahendra Kharwa was appointed as Company Secretary on 14 Feb 2022. Naveen Mahendrakumar Jain was appointed as Nominee Director on 14 Feb 2022. Anil Jain ceased to be Nominee Director on 06 Feb 2022. Time Mauser Industries has 15 board changes on record in total.
Yes, Time Mauser Industries is registered as a medium enterprise under Udyam registration (number: UDYAM-DD-01-0000607).

