MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-WB-10-0014782
Mayur Ply Industries Private Limited - manufacturing in Singur, West Bengal, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹17.01 Cr
▲ 2684% YoY
Net profit · FY 2023
₹16.67 Cr
Net margin 98%
EBITDA · FY 2023
₹16.44 Cr
EBITDA margin 96.6%
Authorised capital
₹30 Cr
Registered with MCA
Paid-up capital
₹11.47 Cr
Issued & subscribed
Open charges
₹305.34 Cr
Satisfied ₹144.14 Cr
Company age
28 yrs
Est. 1998
Employees · EPFO
48
Provident fund records
About Mayur Ply Industries Private Limited
Data last updated:
Mayur Ply Industries Private Limited is a private limited company based in Singur, West Bengal, India. It operates in the wood products and mdf segment of the manufacturing sector. It was incorporated on 09 February 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U20101WB1998PTC130655. The company has 17 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹30 Cr and a paid-up capital of ₹11.47 Cr. It was formerly known as Timtech India Private Limited and Timtech India Pvt Ltd. It is led by directors Prakash Kumar More and Mukesh Kumar More.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Singur, West Bengal.
As per the financials filed for FY 2023, the company reported a revenue of ₹17.01 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹16.67 Cr (net margin 98%) and EBITDA of ₹16.44 Cr (EBITDA margin 96.6%). Revenue has declined at a compounded annual rate (CAGR) of 39% over five years.
The company has about 48 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹305.34 Cr and satisfied charges of ₹144.14 Cr on record. Court records list 95 cases involving the company, including 61 filed by the company and 34 filed against it; 31 cases are pending. The company has 14 deals on record (7 funding rounds, 7 secondary share transfers), with disclosed funding of ₹55.82 Cr; the latest was in March 2017. Its 9 peer companies in the Manufacturing industry (Wood, MDF, Particle Board and Plywood), with the same principal business activity (wood and wood products, furniture, paper and paper products) are compared by revenue, 4 larger and 5 smaller; the largest is M B Plywood Industries Pvt Ltd with revenue of ₹17.14 Cr.
Mayur Ply Industries Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-WB-10-0014782). The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website mayurply.com.
Company details
CIN U20101WB1998PTC130655
Registration Number 130655
Incorporation Date 09 February 1998
ROC Kolkata
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Non-Compliant
MSME Classification MSME
Udyam Registration UDYAM-WB-10-0014782
Name history
Mayur Ply Industries has undergone 2 name changes throughout its history. The company was previously known as Timtech India Private Limited, and Timtech India Pvt Ltd. The current legal name is Mayur Ply Industries Private Limited.
| Company Name | Status |
|---|---|
| Mayur Ply Industries Private Limited | Current |
| Timtech India Private Limited | Previous |
| Timtech India Pvt Ltd | Previous |
CIN history
Mayur Ply Industries has one previous CIN (Corporate Identification Number): U20101AS1998PTC005332. The current CIN is U20101WB1998PTC130655, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U20101WB1998PTC130655 | Current |
| U20101AS1998PTC005332 | Previous |
Recognitions & Rankings of Mayur Ply Industries
Contact details
Mayur Ply Industries Private Limited's registered office is in Singur, West Bengal. Its website is mayurply.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNh2 Delhi Road Belumilki, Sheoraphuli Dist. Hooghly, Singur, West Bengal, India – 712223
- IndustryManufacturing, Wood Products & MDF
To see the full contact details of Mayur Ply Industries Private Limited, buy the company report.
Comprehensive company report
Mayur Ply 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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Financials of Mayur Ply Industries Private Limited
FY 2024 filings availableMayur Ply Industries Private Limited reported revenue of ₹17.01 Cr (up 2684% YoY) for FY 2023.
Revenue · FY 2023
₹17.01 Cr ▲ 2684%
Net profit · FY 2023
₹16.67 Cr margin 98%
EBITDA · FY 2023
₹16.44 Cr margin 96.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
5 years · compounded
▼ 39%
EBITDA CAGR growth
5 years · compounded
▲ 19%
Revenue has declined at a compounded annual rate (CAGR) of 39% over five years. 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹17.01 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹16.44 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹16.67 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 96.6% | ||||
| Net Profit Margin | 98% | ||||
| 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 Mayur Ply Industries Private Limited, buy the company report.
Board of directors of Mayur Ply Industries Private Limited
Mayur Ply Industries has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prakash Kumar More Also directs: Mayur Logistic-Park LLP, Vipul Cultivation Pvt Ltd, Mayur Roller Flour Mills Pvt Ltd and 5 more | Director | 09 Feb 1998 | 28 Years 8 Months | Current |
| Mukesh Kumar More | Director | 17 Dec 2002 | 23 Years 10 Months | Current |
Peer comparison
Mayur Ply Industries Private Limited is compared with the 9 companies closest to it by revenue in the Manufacturing industry (Wood, MDF, Particle Board and Plywood), with the same principal business activity (wood and wood products, furniture, paper and paper products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| M B Plywood Industries Pvt Ltd | ₹17.14 Cr (FY 2024) | -16.0% | Kichha, Uttarakhand, India | |||
| Glaze Wood Industry Private Limited | ₹17.11 Cr (FY 2025) | 10.0% | New Delhi, Delhi, India | |||
| Shree Salasar Decoplast Private Limited | ₹17.1 Cr (FY 2025) | 65.0% | Ahmedabad, Gujarat, India | |||
| Somarata Exim Private Limited | ₹17.04 Cr (FY 2023) | -9.0% | Delhi, India | |||
| Mayur Ply Industries Private Limitedthis company | ₹17.01 Cr (FY 2023) | ₹16.67 Cr | 98% | 2684.0% | 48 | Singur, West Bengal, India |
| Pancham Plywood Private Limited | ₹16.96 Cr (FY 2024) | -3.0% | Jaipur, Rajasthan, India | |||
| Deep Lumbers Private Limited | ₹16.92 Cr (FY 2020) | 695.0% | Karnal, Haryana, India | |||
| Jayshree Teak Wood Private Limited | ₹16.83 Cr (FY 2025) | 10.0% | Nagpur, Maharashtra, India | |||
| Jai Dayal Plywood Private Limited | ₹16.79 Cr (FY 2025) | -10.0% | Delhi, India | |||
| Exquiso Lamination Private Limited | ₹16.73 Cr (FY 2025) | 36.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Mayur Ply Industries Private Limited, buy the company report.
Auditor
Mayur Ply Industries Private Limited is audited by Beriwal & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Beriwal & Associates | FY 2023 |
Shareholding
The shareholding of Mayur Ply 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 2019 | FY 2018 | FY 2017 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mayur Ply Industries Private Limited, buy the company report.
Charges & borrowings
Open charges
₹305.34 Cr
Satisfied charges
₹144.14 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Dec 2016 | 100075392 | Others | ₹32 Cr | Open | |
| 09 Apr 2015 | 10566378 | Others | ₹27 Cr | Open | |
| 18 Dec 2013 | 10472772 | Tata Capital Financial Services Limited | ₹97 Lakh | Open | |
| 21 Mar 2013 | 10419792 | Others | ₹144.5 Cr | Open | |
| 16 May 2012 | 10358616 | Tata Capital Financial Services Limited | ₹8.51 Lakh | Open |
To see the full charge records of Mayur Ply Industries Private Limited, buy the company report.
Total charge records: 17 View all charges
Deals & funding
Mayur Ply Industries Private Limited has 14 deals on record (7 funding rounds, 7 secondary share transfers), with disclosed funding of ₹55.82 Cr; the latest was in March 2017.
Total deals
14
Funding rounds
7
Secondary share transfers
7
Disclosed funding
₹55.82 Cr
Deals on record (5 of 14)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: Southern Resources Holdings Private Limited Seller: Pashupati Machine Tools Private Limited |
| Mar 2016 | Funding round | ₹5 Cr | Investors: Amrit Supply Company Pvt Ltd , Mayur Roller Flours Mills Private Limited |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: Captain Steel Trading Private Limited Seller: Consistent Construction Private Limited |
| Mar 2013 | Funding round | ₹1.31 Cr | Investors: Shri Bhawani Plybord Private Limited , Pashupati Machine Tools Private Limited |
| Apr 2009 | Secondary share transfer | Undisclosed | Buyer: Akash Biscuits Pvt Ltd Seller: an individual |
To see the full deal history of Mayur Ply Industries Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Mayur Ply Industries Private Limited has 95 court cases on record: 61 filed by Mayur Ply Industries, 34 filed against it. 31 cases are pending and 64 are disposed.
Total cases
95
Filed by the company
61
Filed against the company
34
Pending
31
Disposed
64
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 67 | 16 | 28 |
| High courts | 19 | 9 | 3 |
| NCLAT | 4 | 4 | 0 |
| NCLT | 3 | 3 | 0 |
| Supreme Court | 2 | 2 | 0 |
Cases on record (5 of 95)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hooghly, West Bengal | Civil suit | Filed against the company by M/S. Aria Warehousing LLP (Represented by Mr. Nikhil Chakraborty) | Pending |
| District court, Hooghly, West Bengal | Civil suit | Filed against the company by M/S. Sunturf Chattels LLP (Represented by Mr. Nikhil Chakraborty) | Pending |
| District court, Hooghly, West Bengal | Civil suit | Filed against the company by M/S. Aria Industrial Storage LLP (Represented by Mr. Nikhil Chakraborty) | Pending |
| District court, Hooghly, West Bengal | Civil suit | Filed against the company by M/S. Wellplan Tradecom Private Limited (Represented by Mr. Nikhil Chakraborty) | Pending |
| District court, Hooghly, West Bengal | Civil suit | Filed against the company by Mahashiv Shakti Properties LLP ( Represented by Mr. Nikhil Chakraborty) | Pending |
To see the full case history of Mayur Ply 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 Mayur Ply Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Mayur Ply Industries has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Arjun Ply and Veneers Private Limited | U20211TN1997PTC038820 |
To see the full group structure of Mayur Ply Industries Private Limited, buy the company report.
Employees & EPFO
Mayur Ply Industries Private Limited has a workforce of 48 employees on its EPFO records as of Mar 22, 2024, across 1 active EPFO establishment.
Employee count
48
Active EPFO establishments
1
Employee growth
-30.43%
GST
Mayur Ply Industries has 17 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
Total GSTINs
17
Cancelled / inactive
17
To see the full GST registrations and return filing status of Mayur Ply Industries Private Limited, buy the company report.
Recent activity
Mayur Ply Industries Private Limited has 12 board changes on record since 1998: 7 appointments and 5 cessations. The latest: Naurang Lal More ceased to be Director on 06 Jul 2016.
AGM
Mayur Ply Industries Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Mayur Ply Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.
Charges
A charge with Others of Rs. 144.50 Cr registered on 21 Mar 2013 with Charge ID 10419792 was modified on 28 Mar 2024.
Charges
A charge with Others of Rs. 52.50 Cr registered on 03 Mar 2009 with Charge ID 10148904 was modified on 28 Mar 2024.
Charges
A charge with Others of Rs. 19.00 Cr registered on 23 Apr 2008 with Charge ID 10099747 was modified on 28 Mar 2024.
Charges
A charge with Others of Rs. 7.54 Cr registered on 27 Mar 2008 with Charge ID 10095683 was modified on 28 Mar 2024.
Charges
A charge with Others of Rs. 27.00 Cr registered on 09 Apr 2015 with Charge ID 10566378 was modified on 31 Oct 2023.
Charges
A charge registered on 23 Jun 2009 via Charge ID 10163470 with Uco Bank was fully satisfied on 15 Jul 2023.
Charges
A charge registered on 25 Feb 2008 via Charge ID 10090554 with Uco Bank was fully satisfied on 15 Jul 2023.
Charges
A charge registered on 15 Jun 2004 via Charge ID 90266038 with Uco Bank was fully satisfied on 15 Jul 2023.
Charges
A charge with Others of Rs. 21.30 Cr registered on 19 Nov 2008 with Charge ID 10132890 was modified on 31 Dec 2016.
Charges
A charge with Others amounted to Rs. 32.00 Cr with Charge ID 100075392 was registered on 30 Dec 2016.
33 earlier events are in the company report.
Frequently asked questions
Mayur Ply Industries is an active private limited company based in Singur, West Bengal, India. The company works in wood products and mdf, within the manufacturing industry. It was incorporated on 09 February 1998 (28+ years old) and is registered under CIN U20101WB1998PTC130655.
Mayur Ply Industries has 2 current directors:
- Prakash Kumar More - Director
- Mukesh Kumar More - Director
The latest financial statements of Mayur Ply Industries on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
No. Mayur Ply Industries has 17 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Mayur Ply Industries is U20101WB1998PTC130655. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mayur Ply Industries has 95 court cases on record: 61 filed by the company and 34 filed against it. 31 are pending. Most are in the district courts.
Mayur Ply Industries was incorporated on 09 February 1998, making it 28+ years old. It is registered with the Registrar of Companies, Kolkata.
Mayur Ply Industries has 14 deals on record (7 funding rounds, 7 secondary share transfers), with disclosed funding of ₹55.82 Cr; the latest was in March 2017.
The peers of Mayur Ply Industries by revenue are M B Plywood Industries Pvt Ltd, Glaze Wood Industry Private Limited, Shree Salasar Decoplast Private Limited, Somarata Exim Private Limited, Pancham Plywood Private Limited and 4 more, all in the Manufacturing industry (Wood, MDF, Particle Board and Plywood), with the same principal business activity (wood and wood products, furniture, paper and paper products).
Naurang Lal More ceased to be Director on 06 Jul 2016. Deepak Kumar More ceased to be Director on 28 Nov 2014. Namrata More ceased to be Director on 08 Feb 2014. Mayur Ply Industries has 12 board changes on record in total.
Yes, Mayur Ply Industries is registered as an MSME under Udyam registration (number: UDYAM-WB-10-0014782).
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