MSME (Udyam registered) Ministry of MSME
- Category
- Small (2020-21)
- Udyam number
- UDYAM-MH-17-0022371
_PRIVATE_LIMITED.webp)
Paras Engineering Works (Mumbai) Private Limited - manufacturing in Thane, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹52.84 Cr
▲ 45% YoY
Net profit · FY 2025
₹4.44 Cr
Net margin 8.4%
EBITDA · FY 2025
₹6.48 Cr
EBITDA margin 12.3%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹50 Lakh
Satisfied ₹45 Lakh
Company age
14 yrs
Est. 2012
Employees · EPFO
9
Provident fund records
About Paras Engineering Works (Mumbai) Private Limited
Data last updated:
Paras Engineering Works (Mumbai) Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the pipe and tubes segment of the manufacturing sector. It was incorporated on 25 September 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29253MH2012PTC236192. Its GSTIN is 27AAICM2164J1ZA (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Marvel Fittings & Forgings Private Limited. It is led by directors Mehul Natvarlal Vadhani and Bhavin Natvarlal Vadhani.
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 Thane, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹52.84 Cr, a growth of 45% compared to the previous year. For the same year it recorded a net profit of ₹4.44 Cr (net margin 8.4%) and EBITDA of ₹6.48 Cr (EBITDA margin 12.3%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 17% over five years.
The company has about 9 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹50 Lakh and satisfied charges of ₹45 Lakh on record. Court records list 1 case involving the company, including 1 filed against it.
Paras Engineering Works (Mumbai) Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-17-0022371). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website parasengineeringworks.com.
Company Details of Paras Engineering Works (Mumbai) Private Limited
CIN U29253MH2012PTC236192
Registration Number 236192
Incorporation Date 25 September 2012
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
MSME Classification Small
Udyam Registration UDYAM-MH-17-0022371
Recognitions & Rankings of Paras Engineering Works (Mumbai)
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressSurvey Nos.68/3 Rajprabha Param Industrial Estate Bldg No 3 Naik Pada Road Waliv – Village V, Asai East, Thane, Maharashtra, India – 401208
- IndustryManufacturing, Pipe & Tubes
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Business Activity of Paras Engineering Works (Mumbai) Private Limited
The main business activity of Paras Engineering Works (Mumbai) 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 |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
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Financials of Paras Engineering Works (Mumbai) Private Limited FY 2025 filings available
Paras Engineering Works (Mumbai) Private Limited reported revenue of ₹52.84 Cr (up 45% YoY) for FY 2025.
Revenue · FY 2025
₹52.84 Cr ▲ 45%
Net profit · FY 2025
₹4.44 Cr margin 8.4%
EBITDA · FY 2025
₹6.48 Cr margin 12.3%
Compounded Annual Growth Rate (CAGR) of Paras Engineering Works (Mumbai) Private Limited
Revenue CAGR growth
1 year
▲ 45%
3 years · compounded
▲ 27%
5 years · compounded
▲ 17%
EBITDA CAGR growth
1 year
▲ 25%
3 years · compounded
▲ 41%
5 years · compounded
▲ 23%
Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 45% growth in the latest year. EBITDA rose 25% 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 Paras Engineering Works (Mumbai) Private 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 | ₹6.48 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹4.44 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 Paras Engineering Works (Mumbai) Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 8.4% | •••• | •••• | •••• | •••• |
| 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 Paras Engineering Works (Mumbai) are in the company report.
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Financial statements from 2015
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Board of Directors of Paras Engineering Works (Mumbai) Private Limited
Paras Engineering Works (Mumbai) has 2 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 |
|---|---|---|---|---|
| Mehul Natvarlal Vadhani | Director | 25 Sep 2012 | 14 Years 0 Months | Current |
| Bhavin Natvarlal Vadhani | Director | 25 Sep 2012 | 14 Years 0 Months | Current |
Peer Comparison of Paras Engineering Works (Mumbai) Private Limited
Paras Engineering Works (Mumbai) Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Pipes). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Moyalan Plastics India Private Limited | ₹54.96 Cr (FY 2024) | •••• | •••• | •••• | Mukundapuram, Kerala, India | |
| Shiva Ganga Polymers Private Limited | ₹54.05 Cr (FY 2024) | •••• | •••• | 31.0% | •••• | Hyderabad, Telangana, India |
| Ace Facade Private Limited | ₹53.44 Cr (FY 2023) | •••• | •••• | 11.0% | •••• | Bhubaneswar, Odisha, India |
| Universal Polymers Private Limited | ₹53.43 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Kanpur, Uttar Pradesh, India |
| Vedanta Irrigation Systems Private Limited | ₹53.22 Cr (FY 2024) | •••• | •••• | 51.0% | •••• | Bengaluru, Karnataka, India |
| Paras Engineering Works (Mumbai) Private Limited this company | ₹52.84 Cr (FY 2025) | •••• | •••• | 45.0% | •••• | Thane, Maharashtra, India |
| Infa Engineers Private Limited | ₹52.55 Cr (FY 2025) | •••• | •••• | -23.0% | •••• | Mumbai, Maharashtra, India |
| RR Metalmakers India Limited Listed | ₹52.51 Cr (FY 2025) | •••• | •••• | -46.0% | •••• | Mumbai, Maharashtra, India |
| Aspn Tubes Private Limited | ₹52.48 Cr (FY 2025) | •••• | •••• | 32.0% | •••• | Delhi, India |
| Reliance Structures Private Limited | ₹52.37 Cr (FY 2025) | •••• | •••• | -25.0% | •••• | Delhi, India |
| Kamal Pipes Private Limited | ₹52.29 Cr (FY 2024) | •••• | •••• | -16.0% | •••• | Howrah, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Paras Engineering Works (Mumbai) by revenue in the Manufacturing industry (Pipes), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Paras Engineering Works (Mumbai) Private Limited
Paras Engineering Works (Mumbai) Private Limited is audited by KANADIA & ASSOCIATES for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KANADIA & ASSOCIATES | Locked | Locked | Locked |
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Ownership and Shareholding of Paras Engineering Works (Mumbai) Private Limited
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Charges & Borrowings of Paras Engineering Works (Mumbai) Private Limited
Open charges
₹50 Lakh
Satisfied charges
₹45 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Feb 2014 | Central Bank of India | ₹50 Lakh | Open |
| 14 Feb 2014 | Central Bank of India | ₹45 Lakh | Satisfied |
Total charge records: 2 View all charges
Legal Cases of Paras Engineering Works (Mumbai) Private Limited
Paras Engineering Works (Mumbai) 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, Mumbai Motor Accident Claims T, Maharashtra | Motor accident claim | Filed against the company by an individual | Disposed |
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Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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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.
Employees and EPFO Compliance at Paras Engineering Works (Mumbai) Private Limited
Paras Engineering Works (Mumbai) Private Limited has a workforce of 9 employees as of Apr 06, 2024.
Employee count
9
Active EPFO establishments
1
Employee growth
-18.18%
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Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Paras Engineering Works (Mumbai) Private Limited
Paras Engineering Works (Mumbai) Private Limited has 4 board changes on record since 2012: 2 appointments and 2 cessations. The latest: Bhavna Bhavin Vadhani ceased to be Director on 22 Apr 2016.
AGM
Paras Engineering Works (Mumbai) Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Paras Engineering Works (Mumbai) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai Ii.
Charges
A charge registered on 14 Feb 2014 via Charge ID 10627934 with Central Bank Of India was fully satisfied on 29 Nov 2022.
Ceased
Bhavna Bhavin Vadhani ceased to be Director.
Ceased
Bijal Mehul Vadhani ceased to be Director.
Charges
A charge with Central Bank Of India amounted to Rs. 50.00 Lakh with Charge ID 10628543 was registered on 14 Feb 2014.
Charges
A charge with Central Bank Of India amounted to Rs. 45.00 Lakh with Charge ID 10627934 was registered on 14 Feb 2014.
Appointed
Bhavin Natvarlal Vadhani was appointed as Director.
Appointed
Mehul Natvarlal Vadhani was appointed as Director.
Incorporation
25 Sep 2012
Paras Engineering Works (Mumbai) Private Limited was registered on 25 Sep 2012 with Roc Mumbai Ii & aged 14 years 27 days as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Paras Engineering Works (Mumbai) Private Limited
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MSME Payment Delays by Paras Engineering Works (Mumbai) Private Limited
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Subsidiaries & Group Companies of Paras Engineering Works (Mumbai) Private Limited
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GST Compliance of Paras Engineering Works (Mumbai) Private Limited
Paras Engineering Works (Mumbai) has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICM2164J1ZA | Maharashtra | Active | 01 Jul 2017 |
| 24AAICM2164J1ZG | Gujarat | Active | 22 Oct 2024 |
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MCA Filings & Documents of Paras Engineering Works (Mumbai) Private Limited
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Frequently Asked Questions about Paras Engineering Works (Mumbai) Private Limited
Paras Engineering Works (Mumbai) is an active private limited company based in Thane, Maharashtra, India. The company works in pipe and tubes, within the manufacturing industry. It was incorporated on 25 September 2012 (14+ years old) and is registered under CIN U29253MH2012PTC236192.
Paras Engineering Works (Mumbai) reported revenue of ₹52.84 Cr for FY 2025 (up 45% YoY).
Paras Engineering Works (Mumbai) has 2 current directors:
- Mehul Natvarlal Vadhani - Director
- Bhavin Natvarlal Vadhani - Director
Paras Engineering Works (Mumbai) reported a net profit of ₹4.44 Cr (net margin 8.4%) and EBITDA of ₹6.48 Cr (EBITDA margin 12.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Paras Engineering Works (Mumbai) is 27% over three years and 17% over five years. In the latest year (FY 2025) revenue rose 45%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Paras Engineering Works (Mumbai) is 27AAICM2164J1ZA, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AAICM2164J1ZG (Gujarat).
The CIN (Corporate Identification Number) of Paras Engineering Works (Mumbai) is U29253MH2012PTC236192. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Paras Engineering Works (Mumbai) has 1 court case on record: 1 filed against it.
Paras Engineering Works (Mumbai) was incorporated on 25 September 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Paras Engineering Works (Mumbai) by revenue are Moyalan Plastics India Private Limited, Shiva Ganga Polymers Private Limited, Ace Facade Private Limited, Universal Polymers Private Limited, Vedanta Irrigation Systems Private Limited and 5 more, all in the Manufacturing industry (Pipes).
Bhavna Bhavin Vadhani ceased to be Director on 22 Apr 2016. Bijal Mehul Vadhani ceased to be Director on 22 Apr 2016. Bhavin Natvarlal Vadhani was appointed as Director on 25 Sep 2012. Paras Engineering Works (Mumbai) has 4 board changes on record in total.