Macneill Engineering Ltd

Manufacturer and seller of material handling equipment, including pallet trucks, stackers, and storage systems, with nationwide sales and servicing offices.

1988 | 24 Pgs (S), West Bengal (India) | Active
Last Updated: July 17, 2024

Macneill Engineering Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 6.31 Cr
  • Company Age 36 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 97.57 Cr
  • Satisfied Charges ₹ 83.45 Cr
  • Revenue Growth -7.83%
  • Profit Growth 16.33%
  • Ebitda 11.29%
  • Net Worth 6.29%
  • Total Assets 11.76%

About Macneill Engineering

Macneill Engineering Ltd (MEL) is a leading Public Limited Indian Non-Government Company incorporated in India on 24 February 1988 and has a history of 36 years and 11 months. Its registered office is in 24 Pgs (S), West Bengal, India.

The Company is engaged in the Machinery And Equipment 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 10.00 Cr and a paid-up capital of Rs 6.31 Cr.

The company currently has active open charges totaling ₹97.57 Cr. The company has closed loans amounting to ₹83.45 Cr, as per Ministry of Corporate Affairs (MCA) records.

Pradip Churiwal, Rajendra Arya, and Devika Churiwal serve as directors at the Company.

Company Details

  • Location

    24 Pgs (S), West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    macneillforklift.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74210WB1988PLC043836

  • Company No.

    043836

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    24 Feb 1988

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Machinery and Equipment

What products or services does Macneill Engineering Ltd offer?

Macneill Engineering Ltd offers a wide range of products and services, including Carts, Dollies & Trolleys, Trolley Truck, Cranes, Forklift & Lifting Machines, Forklift Parts, Material Handling Machines & Systems, Warehouse Stacker, Forklift, VFD, PLC, HMI & Control Equipments, Starters, Material Handling Equipments.

Who are the key members and board of directors at Macneill Engineering?

Board Members (3)

NameDesignationAppointment DateStatus
Pradip Churiwal Country flag representing In Director 01-Nov-2004Current
Rajendra Arya Country flag representing In Director 13-Feb-2023Current
Devika Churiwal Country flag representing In Additional Director 03-Apr-2023Current

Financial Performance of Macneill Engineering.

Macneill Engineering Ltd, for the financial year ended 2023, experienced Minor drop in revenue, with a 7.83% decrease. The company also saw a substantial improvement in profitability, with a 16.33% increase in profit. The company's net worth moved up by a moderate rise of 6.29%.

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
-7.83%
Revenue from Operations
-8.01%
Total Assets
11.76%
Profit or Loss
16.33%
Net Worth
6.29%
EBITDA
11.29%

What is the Ownership and Shareholding Structure of Macneill Engineering?

In 2023, Macneill Engineering had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹97.57 Cr

Satisfied Charges

₹83.45 Cr

Charges Breakdown by Lending Institutions

  • Others : 53.37 Cr
  • Axis Bank Limited : 20.00 Cr
  • Standard Chartered Bank : 13.38 Cr
  • Hdfc Bank Limited : 5.71 Cr
  • Reliance Capital Ltd : 2.18 Cr
  • Others : 2.93 Cr

Latest Charge Details

DateLenderAmountStatus
31 Jan 2024Hdfc Bank Limited₹5.63 CrOpen
05 Dec 2023Others₹8.40 CrOpen
05 Oct 2023Others₹14.10 CrOpen
26 Sep 2023Standard Chartered Bank₹6.43 CrOpen
14 Sep 2023Standard Chartered Bank₹6.95 CrOpen

How Many Employees Work at Macneill Engineering?

Macneill Engineering has a workforce of 528 employees as of Apr 04, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Macneill Engineering, 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 Macneill Engineering'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 Macneill Engineering

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 5.63 Cr with Charge ID 100864601 was registered on 31 Jan 2024.

    31 Jan 2024

  • Charges

    A charge with Others amounted to Rs. 8.40 Cr with Charge ID 100831853 was registered on 05 Dec 2023.

    05 Dec 2023

  • Charges

    A charge with Others amounted to Rs. 14.10 Cr with Charge ID 100791647 was registered on 05 Oct 2023.

    05 Oct 2023

  • Annual General Meeting

    Macneill Engineering Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Standard Chartered Bank amounted to Rs. 6.43 Cr with Charge ID 100793828 was registered on 26 Sep 2023.

    26 Sep 2023

  • Charges

    A charge with Standard Chartered Bank amounted to Rs. 6.95 Cr with Charge ID 100790474 was registered on 14 Sep 2023.

    14 Sep 2023

Frequently asked questions

  • Macneill Engineering Ltd was incorporated on 24 Feb 1988.

  • The authorized share capital of Macneill Engineering Ltd is ₹ 10.00 Cr and paid-up capital is ₹ 6.31 Cr.

  • Currently 3 directors are associated with Macneill Engineering Ltd.

    • Pradip Kumar Churiwal
    • Rajendra Kumar Arya
    • Devika Churiwal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Macneill Engineering Ltd is Konchoki Bhasa Bishnupurdiamond Harbour Road, 24 Pgs (S), West Bengal, India, 743503.

  • The corporate identification number (CIN) of Macneill Engineering Ltd is U74210WB1988PLC043836 and the company number is 043836 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Macneill Engineering Ltd is https://www.macneillforklift.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Macneill Engineering Ltd has fallen by -7.83%.

  • As Per 2023 financial reports, 528 employees are currently employed by Macneill Engineering Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Macneill Engineering Ltd has experienced an upsurge of 6.29%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Macneill Engineering Ltd amount to ₹ 97.57 Cr.

  • The most recent Balance Sheet for Macneill Engineering Ltd was filed with the ROC on 31 Mar 2023.

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