Mago Thermal Limited

ISO-certified company designs, manufactures, installs, and commissions boilers for various fuels.

2016 | Delhi (India) | Active
Last Updated: December 04, 2024

Mago Thermal Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.62 Cr
  • Company Age 8 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 10.03 Cr
  • Revenue Growth 4.25%
  • Profit Growth -0.74%
  • Ebitda -1.86%
  • Net Worth 57.78%
  • Total Assets 24.70%

About Mago Thermal

Mago Thermal Limited (MTL) is a registered startup operating as a Public Limited Indian Non-Government Company incorporated in India on 12 February 2016 (Eight years and 11 months 20 days old ). Its registered office is in Delhi, 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 2.00 Cr and a paid-up capital of Rs 1.62 Cr.

The company currently has active open charges totaling ₹10.03 Cr.

The Key Managerial Personnel (KMP) at Mago Thermal Limited India are Saniya Hussain as Company Secretary, Bhawna Bhola as Cfo, and Naveen Goswami as Ceo. Rajesh Mahajan, Naveen Goswami, Yogesh Kumar, and Five other members serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74900DL2016PLC290987

  • Company No.

    290987

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    12 Feb 2016

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Machinery and Equipment
Energy and Power

What products or services does Mago Thermal Limited offer?

Mago Thermal Limited offers a wide range of products and services, including Power Turbine, Steam Turbines, Air Pollution Control Equipment, Electrostatic Precipitators, Fabrication Works, Boiler Fabrication Services, Pollution Control Devices & Machines, Bag Filter, Turnkey Consultants & Solutions, Industrial project consultants.

Who are the key members and board of directors at Mago Thermal?

Executive Team (3)

Name Designation Appointment Date Status
Naveen Goswami Country flag representing In Managing Director 12-Feb-2016 Current
Saniya Hussain Country flag representing In Company Secretary 17-Jun-2024 Current
Bhawna Bhola CFO 17-Jun-2024 Current

Board Members (7)

Name Designation Appointment Date Status
Pankaj Sharma Country flag representing In Director 09-Mar-2024 Current
Rajesh Mahajan Country flag representing In Additional Director 20-Nov-2020 Current
Yogesh Kumar Country flag representing In Additional Director 22-Jul-2024 Current
Rahul Malhotra Country flag representing In Additional Director 01-Jun-2024 Current
Anila Goswami Country flag representing In Additional Director 05-Aug-2024 Current
Kamal Singla Country flag representing In Director 09-Mar-2024 Current

Financial Performance of Mago Thermal.

Mago Thermal Limited, for the financial year ended 2021, experienced modest growth in revenue, with a 4.25% increase. The company also saw a slight decrease in profitability, with a 0.74% decrease in profit. The company's net worth Soared by an impressive increase of 57.78%.

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
4.25%
Revenue from Operations
4.29%
Total Assets
24.70%
Profit or Loss
-0.74%
Net Worth
57.78%
EBITDA
-1.86%

What is the Ownership and Shareholding Structure of Mago Thermal?

In 2022, Mago Thermal had a promoter holding of 95.00% and a public holding of 5.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹10.03 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 9.26 Cr
  • Hdfc Bank Limited : 0.77 Cr

Latest Charge Details

Date Lender Amount Status
16 Feb 2021 Hdfc Bank Limited ₹7.69 M Open
14 Oct 2019 State Bank Of India ₹9.26 Cr Open

How Many Employees Work at Mago Thermal?

Mago Thermal has a workforce of 68 employees as of Apr 09, 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 Mago Thermal, 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 Mago Thermal'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 Mago Thermal

Recent activity within the organization

  • Director Appointment

    Anila Goswami was appointed as a Additional Director was appointed as a Additional Director on 05 Aug 2024 & has been associated with this company since 5 months 28 days .

    05 Aug 2024

  • Director Appointment

    Yogesh Kumar was appointed as a Additional Director was appointed as a Additional Director on 22 Jul 2024 & has been associated with this company since 6 months 12 days .

    22 Jul 2024

  • Director Appointment

    Saniya Hussain was appointed as a Company Secretary was appointed as a Company Secretary on 17 Jun 2024 & has been associated with this company since 7 months 16 days .

    17 Jun 2024

  • Director Appointment

    Bhawna Bhola was appointed as a Cfo was appointed as a Cfo on 17 Jun 2024 & has been associated with this company since 7 months 16 days .

    17 Jun 2024

  • Director Appointment

    Rahul Malhotra was appointed as a Additional Director was appointed as a Additional Director on 01 Jun 2024 & has been associated with this company since 8 months 1 day .

    01 Jun 2024

  • Annual General Meeting

    Mago Thermal Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

Frequently asked questions

  • Mago Thermal Limited was incorporated on 12 Feb 2016.

  • The authorized share capital of Mago Thermal Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.62 Cr.

  • Currently 11 directors are associated with Mago Thermal Limited.

    • Rajesh Mahajan
    • Naveen Goswami
    • Yogesh Kumar
    • Pankaj Sharma
    • Rahul Malhotra
    • Anila Goswami
    • Kamal Singla
    • Nitish
    • Saniya Hussain
    • Bhawna Bhola
    • Naveen Goswami
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mago Thermal Limited is 901-905 Ninth Floor West End Mall District Centre India, Janak Puri, Delhi, 110058.

  • The corporate identification number (CIN) of Mago Thermal Limited is U74900DL2016PLC290987 and the company number is 290987 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Mago Thermal Limited is https://www.magothermal.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Mago Thermal Limited has risen by 4.25%.

  • As Per 2021 financial reports, 68 employees are currently employed by Mago Thermal Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Mago Thermal Limited has experienced an upsurge of 57.78%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Mago Thermal Limited amount to ₹ 10.03 Cr.

  • The most recent Balance Sheet for Mago Thermal Limited was filed with the ROC on 31 Mar 2023.

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