Megtec Systems India Private Limited

Manufactures thermal oxidizers, solvent recovery systems, and splicers for industrial use.

2005 | Chennai, Tamil Nadu (India) | Merged
Last Updated: January 18, 2025

Megtec Systems India Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 1.31 Cr
  • Company Age 19 Year, 2 Months
  • Last Filing with ROC 31 Mar 2019
  • Revenue Growth -31.11%
  • Profit Growth -40.43%
  • Ebitda -48.15%
  • Net Worth 27.68%
  • Total Assets 47.15%

About Megtec Systems India

Megtec Systems India Private Limited (MSIPL) is Amalgamated company established on 19 Dec 2005 with its office registered at Chennai, Tamil Nadu, India and has been running since 19 Year, 2 Months with a paid up capital of 1.31 Cr. According to MCA records, 4 Directors are linked to this company as of 18 Jan 2025.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    megtec.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29299TN2005PTC133075

  • Company No.

    133075

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Dec 2005

  • Date of AGM

    30 Sep 2019

  • Date of Balance Sheet

    31 Mar 2019

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Machinery and Equipment

What products or services does Megtec Systems India Private Limited offer?

Megtec Systems India Private Limited offers a wide range of products and services, including Pollution Control Devices & Machines, Air Pollution Control Equipment, Oxygen & Nitrogen Gas Plants, Biogas Plant, Dryers & Evaporators, Industrial Dryers, Cleanroom Equipment & Supplies, Modular Cleanrooms, Incinerator, Cooling Tower, Heat Exchanger, Parts.

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

Executive Team (1)

NameDesignationAppointment DateStatus
Madhav Athalye Country flag representing In Managing Director01-Sep-2011Current

Board Members (3)

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

Financial Performance 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%.

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
-31.11%
Revenue from Operations
-32.04%
Total Assets
47.15%
Profit or Loss
-40.43%
Net Worth
27.68%
EBITDA
-48.15%

What is the Ownership and Shareholding Structure of Megtec Systems India?

In 2019, Megtec Systems India 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)

Placeholder for charges-related data

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Megtec Systems India, 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 Megtec Systems India'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 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 7 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 7 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 4 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 5 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 India, Chennai, Tamil Nadu, 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.

People also Viewed

Similar Companies Based on Process Machinery & Industrial Equipment