MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-14-0006252
Mynax Cables Private Limited - manufacturing in Indrad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2026
₹21.09 Cr
▼ 1% YoY
Net profit · FY 2026
₹27.39 Lakh
Net margin 1.3%
EBITDA · FY 2026
₹1.16 Cr
EBITDA margin 5.5%
Authorised capital
₹1.5 Cr
Registered with MCA
Paid-up capital
₹1.5 Cr
Issued & subscribed
Open charges
₹5.48 Cr
Satisfied ₹5.64 Cr
Company age
11 yrs
Est. 2015
Directors on board
2
As per MCA filings
About Mynax Cables Private Limited
Data last updated:
Mynax Cables Private Limited is a private limited company based in Indrad, Gujarat, India. It operates in the cable and wire segment of the manufacturing sector. It was incorporated on 04 November 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U28111GJ2015PTC084987. Its GSTIN is 24AAKCM1406H1ZS (Gujarat). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.5 Cr. It is led by directors Bhagwati Prasad Jangid and Kiran Jangid.
Its last annual general meeting (AGM) was held on 23 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Khata No 617 Survey No 194, Indrad, Gujarat, India – 382715.
As per the financials filed for FY 2026, the company reported a revenue of ₹21.09 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹27.39 Lakh (net margin 1.3%) and EBITDA of ₹1.16 Cr (EBITDA margin 5.5%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 14% over five years.
As per MCA filings, the company has open charges of ₹5.48 Cr and satisfied charges of ₹5.64 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
Mynax Cables Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-14-0006252). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mynaxcables.com.
Company details
CIN U28111GJ2015PTC084987
Registration Number 084987
Incorporation Date 04 November 2015
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-14-0006252
Recognitions & Rankings of Mynax Cables
Contact details
Mynax Cables Private Limited's registered office is in Indrad, Gujarat. Its website is mynaxcables.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressKhata No 617 Survey No 194, Indrad, Gujarat, India – 382715
- IndustryManufacturing, Cable & Wire
To see the full contact details of Mynax Cables Private Limited, buy the company report.
Comprehensive company report
Mynax Cables 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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Business activity
The main business activity of Mynax Cables is manufacturing. In detail, this covers manufacture of electrical equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 27 | Manufacture of electrical equipment |
To see the full business activity and turnover split of Mynax Cables Private Limited, buy the company report.
Financials of Mynax Cables Private Limited
FY 2026 filings availableMynax Cables Private Limited reported revenue of ₹21.09 Cr (down 1% YoY) for FY 2026.
Revenue · FY 2026
₹21.09 Cr ▼ 1%
Net profit · FY 2026
₹27.39 Lakh margin 1.3%
EBITDA · FY 2026
₹1.16 Cr margin 5.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 1%
3 years · compounded
▲ 13%
5 years · compounded
▲ 14%
EBITDA CAGR growth
1 year
▼ 9%
3 years · compounded
▲ 9%
5 years · compounded
▲ 15%
Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 14%. EBITDA fell 9% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹21.09 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.16 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹27.39 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.5% | ||||
| Net Profit Margin | 1.3% | ||||
| 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 Mynax Cables Private Limited, buy the company report.
Board of directors of Mynax Cables Private Limited
Mynax Cables has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhagwati Prasad Jangid | Director | 04 Nov 2015 | 11 Years 0 Months | Current |
| Kiran Jangid | Director | 31 Aug 2018 | 8 Years 2 Months | Current |
Auditor
Mynax Cables Private Limited is audited by RAMAWATAR JANGIR & CO for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAMAWATAR JANGIR & CO | FY 2026 | 155703W |
Shareholding
The shareholding of Mynax Cables Private Limited is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mynax Cables Private Limited, buy the company report.
Charges & borrowings
Open charges
₹5.48 Cr
Satisfied charges
₹5.64 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Sep 2025 | 101162697 | Others | ₹37.7 Lakh | Open | |
| 29 Sep 2025 | 101162693 | Others | ₹5 Cr | Open | |
| 23 Mar 2023 | 100728654 | Canara Bank | ₹9.9 Lakh | Open | |
| 29 Jun 2022 | 100600876 | Canara Bank | ₹70 Lakh | Satisfied | |
| 28 Jun 2022 | 100601113 | Canara Bank | ₹18 Lakh | Satisfied |
To see the full charge records of Mynax Cables Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Mynax Cables Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Total cases
1
Filed against the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, UDUPI, Karnataka | Criminal complaint | Filed against the company by an individual | Disposed |
To see the full case history of Mynax Cables 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
Mynax Cables Private Limited has 4 MSME Form 1 returns on record between 2019 and 2023, listing 10 overdue payments to 5 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 5)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Yasraj Industries | |||
| Konnark Polymer Private Limited | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Mynax Cables Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Mynax Cables has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAKCM1406H1ZS | Gujarat | Active | 01 Jul 2017 |
| 29AAKCM1406H1ZI | Karnataka | Active | 17 Mar 2020 |
To see the full GST registrations and return filing status of Mynax Cables Private Limited, buy the company report.
Recent activity
Mynax Cables Private Limited has 3 board changes on record since 2015: 2 appointments and 1 cessation. The latest: Dilip Kumar Jain ceased to be Director on 24 Dec 2018.
Filing
Mynax Cables Private Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Ahmedabad.
Charges
A charge registered on 29 Jun 2022 via Charge ID 100600876 with Canara Bank was fully satisfied on 04 Nov 2025.
Charges
A charge registered on 28 Jun 2022 via Charge ID 100601113 with Canara Bank was fully satisfied on 04 Nov 2025.
Charges
A charge registered on 22 Apr 2016 via Charge ID 100026084 with Canara Bank was fully satisfied on 04 Nov 2025.
Charges
A charge with Others amounted to Rs. 0.38 Cr with Charge ID 101162697 was registered on 29 Sep 2025.
Charges
A charge with Others amounted to Rs. 5.00 Cr with Charge ID 101162693 was registered on 29 Sep 2025.
AGM
Mynax Cables Private Limited last Annual general meeting of members was held on 23 Sep 2025 as per latest MCA records.
Charges
A charge with Canara Bank of Rs. 4.40 Cr registered on 22 Apr 2016 with Charge ID 100026084 was modified on 25 Oct 2024.
Charges
A charge registered on 30 Sep 2020 via Charge ID 100383584 with Canara Bank was fully satisfied on 15 Nov 2023.
Charges
A charge with Canara Bank amounted to Rs. 0.10 Cr with Charge ID 100728654 was registered on 23 Mar 2023.
Charges
A charge with Canara Bank amounted to Rs. 0.70 Cr with Charge ID 100600876 was registered on 29 Jun 2022.
Charges
A charge with Canara Bank amounted to Rs. 0.18 Cr with Charge ID 100601113 was registered on 28 Jun 2022.
6 earlier events are in the company report.
Frequently asked questions
Mynax Cables is an active private limited company based in Indrad, Gujarat, India. The company works in cable and wire, within the manufacturing industry. It was incorporated on 04 November 2015 (11+ years old) and is registered under CIN U28111GJ2015PTC084987.
Mynax Cables has 2 current directors:
- Bhagwati Prasad Jangid - Director
- Kiran Jangid - Director
The latest financial statements of Mynax Cables on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 23 September 2025. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Mynax Cables is 24AAKCM1406H1ZS, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AAKCM1406H1ZI (Karnataka).
The CIN (Corporate Identification Number) of Mynax Cables is U28111GJ2015PTC084987. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mynax Cables has 1 court case on record: 1 filed against it.
Mynax Cables was incorporated on 04 November 2015, making it 11+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Dilip Kumar Jain ceased to be Director on 24 Dec 2018. Kiran Jangid was appointed as Director on 31 Aug 2018. Bhagwati Prasad Jangid was appointed as Director on 04 Nov 2015.
Yes, Mynax Cables is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-14-0006252).
Mynax Cables has 4 MSME Form 1 returns on record between 2019 and 2023, listing 10 overdue payments to 5 micro and small suppliers. The latest return was filed on 26 Aug 2023.
Mynax Cables can be reached through the website mynaxcables.com. Its registered office is in Indrad, Gujarat, India.
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