M G Brothers Profile
Key Indicators
- Authorised Capital ₹ 4.00 Cr
as on 21-06-2024
- Paid Up Capital ₹ 3.50 Cr
as on 21-06-2024
- Company Age 24 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 0.91 Cr
as on 21-06-2024
- Satisfied Charges ₹ 2.08 Cr
as on 21-06-2024
- Revenue 38.45%
(FY 2023)
- Profit 40.43%
(FY 2023)
- Ebitda 22.48%
(FY 2023)
- Net Worth 49.70%
(FY 2023)
- Total Assets 55.79%
(FY 2023)
About M G Brothers
The Corporate was formerly known as M G Brothers Limited. The Company is engaged in the Automotive Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 4.00 Cr and a paid-up capital of Rs 3.50 Cr.
The company currently has active open charges totaling ₹9.12 M. The company has closed loans amounting to ₹2.08 Cr, as per Ministry of Corporate Affairs (MCA) records.
Machani Somnath, Machani Aditya, Usha Machani, and One other member serve as directors at the Company.
- CIN/LLPIN
U72900AP2000PTC033341
- Company No.
033341
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
21 Jan 2000
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Vijayawada
Industry
Company Details
- Location
Anantapur, Andhra Pradesh, India
- Telephone
- Email Address
- Website
-
- Social Media-
Who are the key members and board of directors at M G Brothers?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Machani Aditya  | Managing Director | 28-Sep-2018 | Current |
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Machani Somnath | Director | 28-Sep-2018 | Current |
| Usha Machani | Director | 21-Jan-2000 | Current |
| Raghunath Machani | Director | 21-Jan-2000 | Current |
Financial Performance and Corporate Structure Insights of M G Brothers.
M G Brothers Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 38.45% increase. The company also saw a substantial improvement in profitability, with a 40.43% increase in profit. The company's net worth Soared by an impressive increase of 49.7%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of M G Brothers?
In 2023, M G Brothers had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Mgb Autohub Private Limited
Active 5 years 9 monthsMachani Somnath, Machani Aditya and 1 more are mutual person
M.G.B. Automotives Private Limited
Active 25 years 25 daysMachani Somnath, Machani Aditya and 2 more are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 01 Jun 2023 | ₹1.62 M | Open |
Others Creation Date: 01 Jun 2023 | ₹1.67 M | Open |
Others Creation Date: 01 Jun 2023 | ₹1.63 M | Open |
How Many Employees Work at M G Brothers?
M G Brothers has a workforce of 60 employees as of Mar 21, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of M G Brothers, 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's trajectory.
Rating
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
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.
