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Mumbai Gwalas Private Limited - e-commerce in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹5.49 Cr
▲ 1% YoY
Net profit · FY 2024
₹6.18 Lakh
Net margin 1.1%
EBITDA · FY 2024
₹11.63 Lakh
EBITDA margin 2.1%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
4
As per MCA filings
Active GSTINs
1
GST registered
About Mumbai Gwalas Private Limited
Data last updated:
Mumbai Gwalas Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the general e-commerce platforms segment of the e-commerce sector. It was incorporated on 04 September 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51909MH2017PTC299303. Its GSTIN is 27AALCM3047P1ZV (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Sumit Goyal and Prachi Bansal.
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 ₹5.49 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹6.18 Lakh (net margin 1.1%) and EBITDA of ₹11.63 Lakh (EBITDA margin 2.1%). Revenue has grown at a compounded annual rate (CAGR) of 11% over five years.
Its group structure includes 1 subsidiary.
The company is associated with 1 brand: DearCows.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website dearcows.com.
Company details
CIN U51909MH2017PTC299303
Registration Number 299303
Incorporation Date 04 September 2017
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Mumbai Gwalas
Contact details
Mumbai Gwalas Private Limited's registered office is in Mumbai, Maharashtra. Its website is dearcows.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Apps
- Registered AddressUnit No. 32 First Floor Swastik Industrial Estate Next To L&T Cst Road Kalina Santacruz Ea, St, Mumbai, Maharashtra, India – 400098
- IndustryE-Commerce, General E-Commerce Platforms
To see the full contact details of Mumbai Gwalas Private Limited, buy the company report.
Comprehensive company report
Mumbai Gwalas 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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Brands
Mumbai Gwalas operates one associated brand: DearCows. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers fresh A2 milk and ghee delivery directly to consumers through app. | dearcows.com |
Business activity
The main business activity of Mumbai Gwalas is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Mumbai Gwalas Private Limited, buy the company report.
Financials of Mumbai Gwalas Private Limited
FY 2025 filings availableMumbai Gwalas Private Limited reported revenue of ₹5.49 Cr (up 1% YoY) for FY 2024.
Revenue · FY 2024
₹5.49 Cr ▲ 1%
Net profit · FY 2024
₹6.18 Lakh margin 1.1%
EBITDA · FY 2024
₹11.63 Lakh margin 2.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 1%
5 years · compounded
▲ 11%
EBITDA CAGR growth
3 years · compounded
▲ 46%
5 years · compounded
▼ 13%
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 1% growth 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 | ₹11.63 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹6.18 Lakh | ||||
| Balance Sheet | |||||
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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 | 2.1% | ||||
| Net Profit Margin | 1.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Mumbai Gwalas Private Limited, buy the company report.
Board of directors of Mumbai Gwalas Private Limited
Mumbai Gwalas has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sumit Goyal Also directs: Mohini Exim House Limited Liability Partnership, Gwalas Essentials Private Limited, Soluble System Private Limited and 1 more | Director | 30 Apr 2018 | 8 Years 5 Months | Current |
| Prachi Bansal | Director | 23 Jan 2018 | 8 Years 9 Months | Current |
| Sarvesh Narendra Pande | Director | 04 Sep 2017 | 9 Years 1 Months | Current |
| Tikam Chand | Director | 04 Sep 2017 | 9 Years 1 Months | Current |
Peer comparison
Mumbai Gwalas Private Limited is compared with the 5 companies closest to it by revenue in the Ecommerce and Internet industry (Broad Based Ecommerce), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Laska Petcare Services Private Limited | ₹5.55 Cr (FY 2025) | -15.0% | Bangalore, Karnataka, India | |||
| Four Brown Folk Decor Private Limited | ₹5.51 Cr (FY 2025) | 0.0% | New Delhi, Delhi, India | |||
| Unicorn Punch (OPC) Private Limited | ₹5.49 Cr (FY 2024) | 26829.0% | Lucknow, Uttar Pradesh, India | |||
| Mumbai Gwalas Private Limitedthis company | ₹5.49 Cr (FY 2024) | ₹6.18 Lakh | 1.1% | 1.0% | Mumbai, Maharashtra, India | |
| Raplap Private Limited | ₹5.46 Cr (FY 2025) | 51.0% | Hyderabad, Telangana, India | |||
| Regova Online Private Limited | ₹5.43 Cr (FY 2023) | 4.0% | Delhi, India |
To see the full peer comparison of Mumbai Gwalas Private Limited, buy the company report.
Auditor
Mumbai Gwalas Private Limited is audited by SAKET AGRAWAL & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SAKET AGRAWAL & ASSOCIATES | FY 2020 | 140485W |
Shareholding
The shareholding of Mumbai Gwalas Private Limited is on record for FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Mumbai Gwalas Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Mumbai Gwalas 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 Mumbai Gwalas Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Mumbai Gwalas has 1 subsidiary company. This group structure data is as of FY 2020. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Nagpur Gwalas Private Limited | U51909MH2019PTC330625 |
To see the full group structure of Mumbai Gwalas Private Limited, buy the company report.
GST
Mumbai Gwalas has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AALCM3047P1ZV | Maharashtra | Active | 17 Oct 2017 |
To see the full GST registrations and return filing status of Mumbai Gwalas Private Limited, buy the company report.
Recent activity
Mumbai Gwalas Private Limited has 6 board changes on record since 2017: 4 appointments and 2 cessations. The latest: Prachi Bansal ceased to be Additional Director on 29 Dec 2018.
AGM
Mumbai Gwalas Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Mumbai Gwalas Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Ceased
Prachi Bansal ceased to be Additional Director.
Ceased
Sumit Goyal ceased to be Additional Director.
Appointed
Sumit Goyal was appointed as Director.
Appointed
Prachi Bansal was appointed as Director.
Appointed
Sarvesh Narendra Pande was appointed as Director.
Appointed
Tikam Chand was appointed as Director.
Incorporation
04 Sep 2017
Mumbai Gwalas Private Limited was registered on 04 Sep 2017 with Roc Mumbai I & aged 9 years 1 month as per MCA records.
Frequently asked questions
Mumbai Gwalas is an active private limited company based in Mumbai, Maharashtra, India. The company works in general e-commerce platforms, within the e-commerce industry. It was incorporated on 04 September 2017 (9+ years old) and is registered under CIN U51909MH2017PTC299303.
Mumbai Gwalas has 4 current directors:
- Sumit Goyal - Director
- Prachi Bansal - Director
- Sarvesh Narendra Pande - Director
- Tikam Chand - Director
The latest financial statements of Mumbai Gwalas 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 FY 2018 are in the company report.
The GSTIN of Mumbai Gwalas is 27AALCM3047P1ZV, registered in Maharashtra.
The CIN (Corporate Identification Number) of Mumbai Gwalas is U51909MH2017PTC299303. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mumbai Gwalas was incorporated on 04 September 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Mumbai Gwalas by revenue are Laska Petcare Services Private Limited, Four Brown Folk Decor Private Limited, Unicorn Punch (OPC) Private Limited, Raplap Private Limited, Regova Online Private Limited, all in the Ecommerce and Internet industry (Broad Based Ecommerce), with the same principal business activity (retail trading).
Prachi Bansal ceased to be Additional Director on 29 Dec 2018. Sumit Goyal ceased to be Additional Director on 29 Dec 2018. Sumit Goyal was appointed as Director on 30 Apr 2018. Mumbai Gwalas has 6 board changes on record in total.
Yes, Mumbai Gwalas is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Mumbai Gwalas can be reached through the website dearcows.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Mumbai Gwalas is at Unit No. 32 First Floor Swastik Industrial Estate Next To L&T Cst Road Kalina Santacruz Ea, St, Mumbai, Maharashtra, India – 400098.