Megtec Systems India Private Limited

Megtec Systems India Private Limited

Manufactures thermal oxidizers, solvent recovery systems, and splicers for industrial use.
2005 | Chennai, Tamil Nadu (India) | Merged

Last Updated:

April 25, 2024
HomeCompanyMegtec Systems India Private Limited

Who are the key members and board of directors at Megtec Systems India?

Executive Team (1)

NameDesignationAppointment DateStatus
Madhav Athalye InManaging Director01-Sep-2011Current

Board Members(3)

NameDesignationAppointment DateStatus
Anandakrishnan Seshadri In Director 24-Jul-2019Current
Michael Berger De Director 24-Jul-2019Current
Kenneth Zak Us Director 05-Oct-2015Current

Financial Performance and Corporate Structure Insights of Megtec Systems India.

Megtec Systems India Private Limited, for the financial year ended 2019, experienced significant reduction in revenue, with a 31.11% decrease. The company also saw a substantial fall in profitability, with a 40.43% decrease in profit. The company's net worth Soared by an impressive increase of 27.68%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-31.11%
Revenue from Operations
-32.04%
Total Assets
47.15%
Profit or Loss
-40.43%
Net Worth
27.68%
EBITDA
-48.15%

Related Corporates (Common Directorship)

Charges (Loans)

Charges

There are no open charges registered against the company as per our records.

How Many Employees Work at Megtec Systems India?

Unlock and access historical data on people associated with Megtec Systems India, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Graph

Deals i

Rating

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Latest Updates, News, and FAQs on Megtec Systems India

Recent activity within the organization

  • Annual General Meeting

    Megtec Systems India Private Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.

    30 Sep 2019

  • Director Appointment

    Anandakrishnan Seshadri was appointed as a Director was appointed as a Director on 24 Jul 2019 & has been associated with this company since 5 years 4 months .

    24 Jul 2019

  • Director Appointment

    Michael Berger was appointed as a Director was appointed as a Director on 24 Jul 2019 & has been associated with this company since 5 years 4 months .

    24 Jul 2019

  • Balance Sheet

    Megtec Systems India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Chennai.

    31 Mar 2019

  • Director Appointment

    Kenneth Zak was appointed as a Director was appointed as a Director on 05 Oct 2015 & has been associated with this company since 9 years 2 months .

    05 Oct 2015

  • Director Appointment

    Madhav Shridhar Athalye was appointed as a Managing Director was appointed as a Managing Director on 01 Sep 2011 & has been associated with this company since 13 years 3 months .

    01 Sep 2011

Frequently asked questions

  • Megtec Systems India Private Limited was incorporated on 19 Dec 2005.

  • The authorized share capital of Megtec Systems India Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 1.31 Cr.

  • Currently 4 directors are associated with Megtec Systems India Private Limited.

    • Madhav Shridhar Athalye
    • Anandakrishnan Seshadri
    • Michael Berger
    • Kenneth Zak
  • As per Ministry of Corporate Affairs (Mca), the registered address of Megtec Systems India Private Limited is Prestige Polygon, No. 471 Anna Salai Teynampet, Chennai, Tamil Nadu, India, 600035.

  • The corporate identification number (CIN) of Megtec Systems India Private Limited is U29299TN2005PTC133075 and the company number is 133075 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Megtec Systems India Private Limited is https://www.megtec.com

  • According to the financial reports for the fiscal year 2019, the revenue trend for Megtec Systems India Private Limited has fallen by -31.11%.

  • The financial reports for the fiscal year 2019 indicates that The net worth of Megtec Systems India Private Limited has experienced an upsurge of 27.68%.

  • The most recent Balance Sheet for Megtec Systems India Private Limited was filed with the ROC on 31 Mar 2019.

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