About Mte Structures Limited
Data last updated:
Mte Structures Limited is a public limited company based in Vadodara, Gujarat, India, recognised as a startup by DPIIT. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 06 October 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U28994GJ2020PLC117076. Its GSTIN is 24AANCM8770F1Z4 (Gujarat).
The company has an authorised share capital of ₹16 Cr and a paid-up capital of ₹12.9 Cr. It is led by directors including Hiren Arvindbhai Patel (Managing Director) and Janak Bharat Amin (Whole-Time Director).
Its last annual general meeting (AGM) was held on 01 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No. 1063 Canal Road Manjusar Savli, Vadodara, Gujarat, India – 391775.
As per the financials filed for FY 2025, the company reported a revenue of ₹194.44 Cr, a growth of 61% compared to the previous year. For the same year it recorded a net profit of ₹13.29 Cr (net margin 6.8%) and EBITDA of ₹18.39 Cr (EBITDA margin 9.5%). Revenue has grown at a compounded annual rate (CAGR) of 55% over three years.
As per MCA filings, the company has open charges of ₹47.32 Cr on record. The company has 1 deal on record (1 funding round), with disclosed funding of ₹9 Lakh; the latest was in August 2021.
For more details, the company can be reached via its website mtegroup.in.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social Media
- Registered AddressPlot No. 1063 Canal Road Manjusar Savli, Vadodara, Gujarat, India – 391775
- IndustryEnergy and Power, Power Equipment Manufacturers
- 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
- One PDF report, delivered after checkout
Business Activity of Mte Structures Limited
The main business activity of Mte Structures is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Mte Structures Limited FY 2025 filings available
Mte Structures Limited reported revenue of ₹194.44 Cr (up 61% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Mte Structures Limited
Revenue has grown at a compounded annual rate (CAGR) of 55% over three years, including 61% growth in the latest year. EBITDA rose 139% 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 of Mte Structures Limited
| 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 | ₹18.39 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹13.29 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 of Mte Structures Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 6.8% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Mte Structures are in the company report.
Financial statements from FY 2021
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Mte Structures Limited
Mte Structures has 6 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hiren Arvindbhai Patel Also directs: Mte Aluminium Private Limited | Managing Director | 06 Oct 2020 | 6 Years 0 Months | Current |
| Janak Bharat Amin Also directs: Mte Aluminium Private Limited | Whole-Time Director | 06 Oct 2020 | 6 Years 0 Months | Current |
| Tejaskumar Patel Also directs: Mte Aluminium Private Limited | Whole-Time Director | 06 Oct 2020 | 6 Years 0 Months | Current |
| Bipinkumar Thakkar Also directs: Adarsh Plant Protect Limited, Prajyoti Bizcom Private Limited | Director | 19 Mar 2025 | 1 Years 6 Months | Current |
| Mamta Kalra | Director | 19 Mar 2025 | 1 Years 6 Months | Current |
| Bhavikaben Jitendrakumar Patel | Director | 19 Mar 2025 | 1 Years 6 Months | Current |
Charges & Borrowings of Mte Structures Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Mar 2025 | Yes Bank Limited | ₹1.71 Cr | Open |
| 13 Dec 2024 | Hdfc Bank Limited | ₹19.71 Lakh | Open |
| 22 Oct 2024 | Yes Bank Limited | ₹9.75 Cr | Open |
| 21 Oct 2024 | Others | ₹9.75 Cr | Open |
| 11 Jul 2024 | Others | ₹8 Cr | Open |
Total charge records: 7 View all charges
Deals & Funding of Mte Structures Limited
Mte Structures Limited has 1 deal on record (1 funding round), with disclosed funding of ₹9 Lakh; the latest was in August 2021.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2021 | Funding round | ₹9 Lakh | Investors: 3 individuals |
Full deal history
All 1 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Employees and EPFO Compliance at Mte Structures Limited
Employment history and EPFO contributions of people linked to Mte Structures.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Mte Structures Limited
Mte Structures has one previous CIN (Corporate Identification Number): U28994GJ2020PTC117076. The current CIN is U28994GJ2020PLC117076, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U28994GJ2020PLC117076 | Current |
| U28994GJ2020PTC117076 | Previous |
Recent Activity on Mte Structures Limited
Director changes at Mte Structures Limited
Mte Structures Limited has 15 board changes on record since 2020: 6 appointments and 9 cessations. The latest: Bhavikaben Jitendrakumar Patel ceased to be Additional Director on 31 Aug 2025.
3 earlier changes are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Mte Structures Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Mte Structures Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Mte Structures Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Mte Structures Limited
Mte Structures has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AANCM8770F1Z4 | Gujarat | Active | 11 Nov 2020 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Mte Structures Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Mte Structures Limited
Mte Structures is an active public limited company based in Vadodara, Gujarat, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 06 October 2020 (6+ years old) and is registered under CIN U28994GJ2020PLC117076.
Mte Structures reported revenue of ₹194.44 Cr for FY 2025 (up 61% YoY).
Mte Structures has 6 current directors:
- Hiren Arvindbhai Patel - Managing Director
- Janak Bharat Amin - Whole-Time Director
- Tejaskumar Patel - Whole-Time Director
- Bipinkumar Thakkar - Director
- Mamta Kalra - Director
- Bhavikaben Jitendrakumar Patel - Director
Mte Structures reported a net profit of ₹13.29 Cr (net margin 6.8%) and EBITDA of ₹18.39 Cr (EBITDA margin 9.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Mte Structures is 55% over three years. In the latest year (FY 2025) revenue rose 61%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Mte Structures is 24AANCM8770F1Z4, registered in Gujarat.
The CIN (Corporate Identification Number) of Mte Structures is U28994GJ2020PLC117076. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mte Structures was incorporated on 06 October 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Mte Structures has 1 deal on record (1 funding round), with disclosed funding of ₹9 Lakh; the latest was in August 2021.
Bhavikaben Jitendrakumar Patel ceased to be Additional Director on 31 Aug 2025. Bipinkumar Thakkar ceased to be Additional Director on 31 Aug 2025. Mamta Kalra ceased to be Additional Director on 31 Aug 2025. Mte Structures has 15 board changes on record in total.