Mangal Industries Profile
Key Indicators
- Authorised Capital ₹ 15.00 Cr
- Paid Up Capital ₹ 13.90 Cr
- Company Age 34 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 409.50 Cr
- Satisfied Charges ₹ 210.33 Cr
- Revenue Growth -23.38%
- Profit Growth -27.30%
- Ebitda -35.42%
- Net Worth -21.51%
- Total Assets -20.12%
About Mangal Industries
Mangal Industries Limited (MIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 09 November 1990 and has a history of 34 years and two months. Its registered office is in Chittoor, Andhra Pradesh, India.
The Corporate was formerly known as Harsha Electronics Pvt Ltd. 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 2024. It's a company limited by shares with an authorized capital of Rs 15.00 Cr and a paid-up capital of Rs 13.90 Cr.
The company currently has active open charges totaling ₹409.50 Cr. The company has closed loans amounting to ₹210.33 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Mangal Industries Limited India are Gudula Kumar as CFO and Ravi Puvvada as Company Secretary. Galla Jayadev, Chandakacharla Durgesh, Ashok Galla, and Two other members serve as directors at the Company.
Company Details
- Location
Chittoor, Andhra Pradesh, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U15122AP1990PLC011932
- Company No.
011932
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
09 Nov 1990
- Date of AGM
29 Aug 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Vijayawada
Industry
What products or services does Mangal Industries Limited offer?
Mangal Industries Limited offers a wide range of products and services, including Enclosures & Cabinets, Metal Enclosures, Networking Solutions, Networking Storage Solution, Automotive Battery, Amaron Automotive Batteries, Machine Parts, Sheet Metals, Quality Inspection Service, Quality Analysis Services.
Who are the key members and board of directors at Mangal Industries?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Gudula Kumar  | CFO | 08-Jul-2016 | Current |
| Ravi Puvvada | Company Secretary | 11-Jun-2018 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Harshavardhana Gourineni | Director | 04-Nov-2015 | Current |
| Galla Jayadev | Director | 02-Dec-2000 | Current |
| Chandakacharla Durgesh | Additional Director | 17-Oct-2024 | Current |
| Ashok Galla | Whole-Time Director | 25-May-2017 | Current |
| Gayatri Gogate | Additional Director | 17-Oct-2024 | Current |
Financial Performance of Mangal Industries.
Mangal Industries Limited, for the financial year ended 2024, experienced significant reduction in revenue, with a 23.38% decrease. The company also saw a substantial fall in profitability, with a 27.3% decrease in profit. The company's net worth observed a substantial decline by a decrease of 21.51%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Mangal Industries?
In 2024, Mangal Industries 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)
Rngalla Family Private LimitedGalla Jayadev, Ashok Galla and 2 more are mutual person
- Amara Raja Advanced Cell Technologies Private Limited
Galla Jayadev and Harshavardhana Gourineni are mutual person
- Amara Raja Infra Private Limited
Galla Jayadev and Harshavardhana Gourineni are mutual person
- Amara Raja Media Private Limited
Galla Jayadev, Ashok Galla and 1 more are mutual person
- Amara Raja Circular Solutions Private Limited
Harshavardhana Gourineni is a mutual person
Amara Raja Electronics LimitedGalla Jayadev is a mutual person
Charges (Loans)
₹409.50 Cr
₹210.33 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 324.50 Cr
- Others : 55.00 Cr
- Axis Bank Limited : 30.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Nov 2021 | Axis Bank Limited | ₹30.00 Cr | Open |
| 22 Jun 2020 | Others | ₹40.00 Cr | Open |
| 20 Jun 2013 | State Bank Of India | ₹324.50 Cr | Open |
| 18 Jan 2006 | Others | ₹15.00 Cr | Open |
| 15 Mar 2017 | Citi Bank N.A. | ₹40.00 Cr | Satisfied |
How Many Employees Work at Mangal Industries?
Mangal Industries has a workforce of 2478 employees as of Nov 08, 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 Mangal Industries, 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 Mangal Industries'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.
