Meghalaya Cements Profile
Key Indicators
- Authorised Capital ₹ 57.00 Cr
- Paid Up Capital ₹ 34.20 Cr
- Company Age 21 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 118.46 Cr
- Satisfied Charges ₹ 107.65 Cr
- Revenue Growth 6.90%
- Profit Growth 99.26%
- Ebitda 114.27%
- Net Worth -2.39%
- Total Assets -3.82%
About Meghalaya Cements
Meghalaya Cements Limited (MCL) is a leading Public Limited Indian Non-Government Company incorporated in India on 12 June 2003 and has a history of 21 years and eight months. Its registered office is in Jaintia Hills, Meghalaya, India.
The Company is engaged in the Manufacturing 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 57.00 Cr and a paid-up capital of Rs 34.20 Cr.
The company currently has active open charges totaling ₹118.46 Cr. The company has closed loans amounting to ₹107.65 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Meghalaya Cements Limited India are Ranjit Agarwal as CFO and Abhilash Gupta as Company Secretary. Nishant Garodia, Kailash Lohia, Sanket Gupta, and Five other members serve as directors at the Company.
Company Details
- Location
Jaintia Hills, Meghalaya, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U26942ML2003PLC007125
- Company No.
007125
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
12 Jun 2003
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Shillong
Industry
Who are the key members and board of directors at Meghalaya Cements?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ranjit Agarwal  | CFO | 30-Jun-2014 | Current |
| Abhilash Gupta | Company Secretary | 01-Apr-2023 | Current |
| Mahendra Agarwal | Managing Director | 12-Jun-2003 | Current |
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Rahul Lohia | Whole-Time Director | 30-Dec-2020 | Current |
| Nishant Garodia | Whole-Time Director | 06-Feb-2017 | Current |
| Kailash Lohia | Director | 01-Nov-2003 | Current |
| Sanket Gupta | Director | 23-Feb-2015 | Current |
| Kaushik Agarwal | Director | 23-Feb-2015 | Current |
| Phone Syih | Whole-Time Director | 12-Jun-2003 | Current |
Financial Performance of Meghalaya Cements.
Meghalaya Cements Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 6.9% increase. The company also saw a substantial improvement in profitability, with a 99.26% increase in profit. The company's net worth dipped by a decrease of 2.39%.
- 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 Meghalaya Cements?
In 2023, Meghalaya Cements had a promoter holding of 82.02% and a public holding of 17.98%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Prithvi Mining & Steel Private LimitedNishant Garodia and Phone Syih are mutual person
Brahmaputra Metallics LimitedKailash Lohia and Sanket Gupta are mutual person
Barak Valley Cements LimitedNishant Garodia is a mutual person
Canis Mines And Minerals LlpNishant Garodia, Kailash Lohia and 3 more are mutual person
- Ethnic Global Ventures Private Limited
Nishant Garodia is a mutual person
- Aditya Mining & Steel Private Limited
Nishant Garodia and Phone Syih are mutual person
Charges (Loans)
₹118.46 Cr
₹107.65 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 115.00 Cr
- Hdfc Bank Limited : 3.46 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Aug 2024 | Hdfc Bank Limited | ₹3.46 Cr | Open |
| 03 Nov 2004 | State Bank Of India | ₹115.00 Cr | Open |
| 16 Dec 2013 | Icici Bank Limited | ₹1.80 M | Satisfied |
| 30 Sep 2013 | Icici Bank Limited | ₹8.00 M | Satisfied |
| 13 May 2013 | Hdfc Bank Limited | ₹1.38 Cr | Satisfied |
How Many Employees Work at Meghalaya Cements?
Meghalaya Cements has a workforce of 498 employees as of Apr 06, 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 Meghalaya Cements, 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 Meghalaya Cements'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.
