M G Brothers Oil Mills Pvt Ltd

Oil extraction and refining, authorized dealer of Hindustan Petroleum, also offers consultancy services.

1981 | Kurnool, Andhra Pradesh (India) | Active
Last Updated: December 03, 2024

M G Brothers Oil Mills Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 1.75 M
  • Company Age 43 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.33 Cr
  • Revenue Growth 3.35%
  • Profit Growth 124.31%
  • Ebitda 99.89%
  • Net Worth 0.61%
  • Total Assets -5.46%

About M G Brothers Oil Mills

M G Brothers Oil Mills Pvt Ltd (MGBOMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 21 December 1981 and has a history of 43 years and one month. Its registered office is in Kurnool, Andhra Pradesh, India.

The Company is engaged in the Energy And Power Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 2.50 M and a paid-up capital of Rs 1.75 M.

The company currently has active open charges totaling ₹1.33 Cr.

Ramanna Gangadhar, Kanike Murthy, Machani Ganganna, and Three other members serve as directors at the Company.

Company Details

  • Location

    Kurnool, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U15140AP1981PTC003335

  • Company No.

    003335

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Dec 1981

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Energy and Power

Who are the key members and board of directors at M G Brothers Oil Mills?

Executive Team (1)

Name Designation Appointment Date Status
Machani Ganganna Country flag representing In Managing Director 21-Dec-1981 Current

Board Members (5)

Name Designation Appointment Date Status
Ramanna Gangadhar Country flag representing In Director 30-Jun-1994 Current
Kanike Murthy Country flag representing In Director 03-Aug-1989 Current
Machani Naveen Country flag representing In Director 01-Apr-2010 Current
Kodiganti Sivanna Country flag representing In Director 29-Mar-2019 Current
Roopa Machani Country flag representing In Director 01-Feb-2022 Current

Financial Performance of M G Brothers Oil Mills.

M G Brothers Oil Mills Pvt Ltd, for the financial year ended 2020, experienced modest growth in revenue, with a 3.35% increase. The company also saw a substantial improvement in profitability, with a 124.31% increase in profit. The company's net worth moved up by a moderate rise of 0.61%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
3.35%
Revenue from Operations
Total Assets
-5.46%
Profit or Loss
124.31%
Net Worth
0.61%
EBITDA
99.89%

What is the Ownership and Shareholding Structure of M G Brothers Oil Mills?

In 2019, M G Brothers Oil Mills had a promoter holding of 55.55% and a public holding of 44.45%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹13.30 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 0.63 Cr
  • Andhra Pradesh State Financial Corporation : 0.25 Cr
  • Others : 0.18 Cr
  • Syndicate Bank : 0.13 Cr
  • Lakshmi General Finance Ltd. : 0.08 Cr
  • Others : 0.06 Cr

Latest Charge Details

Date Lender Amount Status
29 Sep 2022 Others ₹1.75 M Open
31 May 2011 State Bank Of India ₹4.80 M Open
18 Mar 2003 Lakshmi General Finance Ltd. ₹0.44 M Open
26 Nov 2001 State Bank Of India ₹1.50 M Open
20 Nov 2001 Lakshmi General Finance Ltd. ₹0.39 M Open

How Many Employees Work at M G Brothers Oil Mills?

Unlock and access historical data on people associated with M G Brothers Oil Mills, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of M G Brothers Oil Mills, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped M G Brothers Oil Mills's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on M G Brothers Oil Mills

Recent activity within the organization

  • Annual General Meeting

    M G Brothers Oil Mills Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    M G Brothers Oil Mills Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Vijayawada.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 1.75 M with Charge ID 100641973 was registered on 29 Sep 2022.

    29 Sep 2022

  • Director Appointment

    Roopa Ganganna Machani was appointed as a Director was appointed as a Director on 01 Feb 2022 & has been associated with this company since 2 years 11 months .

    01 Feb 2022

  • Charges

    A charge with State Bank Of India of Rs. 4.80 M registered on 31 May 2011 with Charge ID 10292700 was modified on 10 Jun 2021.

    10 Jun 2021

  • Director Appointment

    Kodiganti Sivanna was appointed as a Director was appointed as a Director on 29 Mar 2019 & has been associated with this company since 5 years 10 months .

    29 Mar 2019

Frequently asked questions

  • M G Brothers Oil Mills Pvt Ltd was incorporated on 21 Dec 1981.

  • The authorized share capital of M G Brothers Oil Mills Pvt Ltd is ₹ 2.50 M and paid-up capital is ₹ 1.75 M.

  • Currently 6 directors are associated with M G Brothers Oil Mills Pvt Ltd.

    • Ramanna Machani Gangadhar
    • Kanike Govindaraja Murthy
    • Machani Ramanna Ganganna
    • Machani Ganganna Naveen
    • Kodiganti Sivanna
    • Roopa Ganganna Machani
  • As per Ministry of Corporate Affairs (Mca), the registered address of M G Brothers Oil Mills Pvt Ltd is V-1040 Kosigi Road Yemmiganur, Kurnool. India, Andhra Pradesh, 518360.

  • The corporate identification number (CIN) of M G Brothers Oil Mills Pvt Ltd is U15140AP1981PTC003335 and the company number is 003335 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for M G Brothers Oil Mills Pvt Ltd has risen by 3.35%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of M G Brothers Oil Mills Pvt Ltd has experienced an upsurge of 0.61%.

  • As per the financial statements for fiscal Year 2020, The total open charges for M G Brothers Oil Mills Pvt Ltd amount to ₹ 1.33 Cr.

  • The most recent Balance Sheet for M G Brothers Oil Mills Pvt Ltd was filed with the ROC on 31 Mar 2024.

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