
About MTC Toys Private Limited
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MTC Toys Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the accessories retail and distribution segment of the consumer goods sector. It was incorporated on 27 December 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51909MH1995PTC214721. Its GSTIN is 27AAACJ6757G1ZD (Maharashtra).
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹1.45 Cr. It was formerly known as Mahavir Conclave Private Limited and Jalore Conclave & Consultancy Pvt Ltd. It is led by directors Hitesh Ramaniklal Dhruv and Shubham Hitesh Dhruv.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹33.52 Lakh, a decline of 96% compared to the previous year. For the same year it recorded a net profit of ₹18.66 Lakh (net margin 55.7%) and EBITDA of ₹31.13 Lakh (EBITDA margin 92.9%). Revenue has declined at a compounded annual rate (CAGR) of 73% over three years and 60% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mtctoys.in.
Company details
Name history
MTC Toys has undergone 2 name changes throughout its history. The company was previously known as Mahavir Conclave Private Limited, and Jalore Conclave & Consultancy Pvt Ltd. The current legal name is Mtc Toys Private Limited.
| Company Name | Status |
|---|---|
| MTC Toys Private Limited | Current |
| Mahavir Conclave Private Limited | Previous |
| Jalore Conclave & Consultancy Pvt Ltd | Previous |
CIN history
MTC Toys has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U51909MH1995PTC214721, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51909MH1995PTC214721 | Current |
| U70101WB1995PTC076181 | Previous |
| U70101MH1995PTC214721 | Previous |
Contact details
MTC Toys Private Limited's registered office is in Mumbai, Maharashtra. Its website is mtctoys.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address765 Fly Edge Office No 203 Above Tirumala Showroom At The Junction Of S V Rd Kora Kendra Fl, Yover, Mumbai, Maharashtra, India – 400092
- IndustryConsumer Goods, Accessories Retail & Distribution
To see the full contact details of MTC Toys 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 MTC Toys Private Limited
FY 2025 filings availableMTC Toys Private Limited reported revenue of ₹33.52 Lakh (down 96% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 60% over five years, including a 96% fall in the latest year. EBITDA rose 32% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹31.13 Lakh | ||||
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| Net Profit (PAT) | ₹18.66 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 92.9% | ||||
| Net Profit Margin | 55.7% | ||||
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To see the full financial statements and ratios of MTC Toys Private Limited, buy the company report.
Board of directors of MTC Toys Private Limited
MTC Toys 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 |
|---|---|---|---|---|
| Hitesh Ramaniklal Dhruv | Director | 30 Nov 2006 | 19 Years 11 Months | Current |
| Shubham Hitesh Dhruv | Director | 09 Mar 2024 | 2 Years 7 Months | Current |
Peer comparison
MTC Toys Private Limited is compared with the 4 companies closest to it by revenue in the Consumer Products industry (Accessories Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| A.K.D. Vision Care Private Limited | ₹33.92 Lakh (FY 2024) | -25.0% | Madhyamgram, West Bengal, India | |||
| Karigarline Marketing Private Limited | ₹33.66 Lakh (FY 2025) | 41.0% | Kolkata, West Bengal, India | |||
| MTC Toys Private Limitedthis company | ₹33.52 Lakh (FY 2024) | ₹18.66 Lakh | 55.7% | -96.0% | Mumbai, Maharashtra, India | |
| Lifestyleistic Retails Private Limited | ₹33.33 Lakh (FY 2023) | Thiruvananthapuram, Kerala, India | ||||
| New-Way Parivahan Private Limited | ₹33.05 Lakh (FY 2025) | 1553.0% | Kolkata, West Bengal, India |
To see the full peer comparison of MTC Toys Private Limited, buy the company report.
Auditor
MTC Toys Private Limited is audited by MADANLAL TATER & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MADANLAL TATER & CO | FY 2019 | 105699W |
Shareholding
The shareholding of MTC Toys Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of MTC Toys Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving MTC Toys 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 MTC Toys Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
MTC Toys has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACJ6757G1ZD | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of MTC Toys Private Limited, buy the company report.
Recent activity
MTC Toys Private Limited has 4 board changes on record since 2006: 3 appointments and 1 cessation. The latest: Ajay Dhruv Ramaniklal ceased to be Director on 16 Mar 2024.
Frequently asked questions
MTC Toys is an active private limited company based in Mumbai, Maharashtra, India. The company works in accessories retail and distribution, within the consumer goods industry. It was incorporated on 27 December 1995 (31+ years old) and is registered under CIN U51909MH1995PTC214721.
MTC Toys has 2 current directors:
- Hitesh Ramaniklal Dhruv - Director
- Shubham Hitesh Dhruv - Director
The latest financial statements of MTC Toys on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of MTC Toys is 27AAACJ6757G1ZD, registered in Maharashtra.
The CIN (Corporate Identification Number) of MTC Toys is U51909MH1995PTC214721. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MTC Toys was incorporated on 27 December 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of MTC Toys by revenue are A.K.D. Vision Care Private Limited, Karigarline Marketing Private Limited, Lifestyleistic Retails Private Limited, New-Way Parivahan Private Limited, all in the Consumer Products industry (Accessories Retail and Distribution), with the same principal business activity (wholesale trading).
Ajay Dhruv Ramaniklal ceased to be Director on 16 Mar 2024. Shubham Hitesh Dhruv was appointed as Director on 09 Mar 2024. Ajay Dhruv Ramaniklal was appointed as Director on 30 Nov 2006. MTC Toys has 4 board changes on record in total.
MTC Toys can be reached through the website mtctoys.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of MTC Toys is at 765 Fly Edge Office No 203 Above Tirumala Showroom At The Junction Of S V Rd Kora Kendra Fl, Yover, Mumbai, Maharashtra, India – 400092.
MTC Toys operates in the consumer goods industry, in the accessories retail and distribution segment.

