Methods (India) Private Limited

Manufactures and supplies bulk material handling equipment and solutions.

1982 | Bangaluru, Karnataka (India) | Active
Last Updated: December 05, 2024

Methods (India) Profile

Key Indicators

  • Authorised Capital ₹ 2.25 Cr
  • Paid Up Capital ₹ 2.03 Cr
  • Company Age 43 Year, 19 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 96.57 Cr
  • Satisfied Charges ₹ 52.94 Cr
  • Revenue Growth 34.89%
  • Profit Growth 286.08%
  • Ebitda 320.91%
  • Net Worth 30.10%
  • Total Assets 33.40%

About Methods (India)

Methods (India) Private Limited (MIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 21 January 1982 and has a history of 43 years. Its registered office is in Bangaluru, Karnataka, 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 2024. It's a company limited by shares with an authorized capital of Rs 2.25 Cr and a paid-up capital of Rs 2.03 Cr.

The company currently has active open charges totaling ₹96.57 Cr. The company has closed loans amounting to ₹52.94 Cr, as per Ministry of Corporate Affairs (MCA) records.

Jose Jacob, Jose Jacob, Rosy Jose, and One other member serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29299KA1982PTC004602

  • Company No.

    004602

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Jan 1982

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Machinery and Equipment

Who are the key members and board of directors at Methods (India)?

Executive Team (1)

Name Designation Appointment Date Status
Jose Jacob Country flag representing In Managing Director 01-Apr-2011 Current

Board Members (3)

Name Designation Appointment Date Status
Jose Jacob Country flag representing In Whole-Time Director 21-Jan-1982 Current
Rosy Jose Country flag representing In Whole-Time Director 01-Apr-2013 Current
Lavina Jose Country flag representing In Whole-Time Director 09-Jun-2020 Current

Financial Performance of Methods (India).

Methods (India) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 34.89% increase. The company also saw a substantial improvement in profitability, with a 286.08% increase in profit. The company's net worth Soared by an impressive increase of 30.1%.

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
34.89%
Revenue from Operations
37.87%
Total Assets
33.40%
Profit or Loss
286.08%
Net Worth
30.10%
EBITDA
320.91%

What is the Ownership and Shareholding Structure of Methods (India)?

In 2023, Methods (India) had a promoter holding of 88.94% and a public holding of 11.06%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹96.57 Cr

Satisfied Charges

₹52.94 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 96.22 Cr
  • Hdfc Bank Limited : 0.35 Cr

Latest Charge Details

Date Lender Amount Status
10 Mar 2022 State Bank Of India ₹96.22 Cr Open
21 Oct 2021 Hdfc Bank Limited ₹3.52 M Open
16 Mar 2020 State Bank Of India ₹2.00 Cr Satisfied
08 Jan 1992 Canara Bank ₹50.94 Cr Satisfied

How Many Employees Work at Methods (India)?

Methods (India) has a workforce of 384 employees as of Oct 30, 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 Methods (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 Methods (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 Methods (India)

Recent activity within the organization

  • Annual General Meeting

    Methods (India) Private Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

    27 Sep 2024

  • Balance Sheet

    Methods (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Charges

    A charge with State Bank Of India of Rs. 96.22 Cr registered on 10 Mar 2022 with Charge ID 100555750 was modified on 28 Mar 2023.

    28 Mar 2023

  • Charges

    A charge registered on 08 Jan 1992 via Charge ID 80035036 with Canara Bank was fully satisfied on 13 Dec 2022.

    13 Dec 2022

  • Charges

    A charge with State Bank Of India amounted to Rs. 96.22 Cr with Charge ID 100555750 was registered on 10 Mar 2022.

    10 Mar 2022

  • Charges

    A charge registered on 16 Mar 2020 via Charge ID 100335485 with State Bank Of India was fully satisfied on 03 Dec 2021.

    03 Dec 2021

Frequently asked questions

  • Methods (India) Private Limited was incorporated on 21 Jan 1982.

  • The authorized share capital of Methods (India) Private Limited is ₹ 2.25 Cr and paid-up capital is ₹ 2.03 Cr.

  • Currently 4 directors are associated with Methods (India) Private Limited.

    • Jose Edakkalathoor Jacob
    • Jose Jacob
    • Rosy Jose
    • Lavina Castelino Jose
  • As per Ministry of Corporate Affairs (Mca), the registered address of Methods (India) Private Limited is No.5-A Kiadb Industrial Area Hoskote Rural, India, Bangalore, Karnataka, 562114.

  • The corporate identification number (CIN) of Methods (India) Private Limited is U29299KA1982PTC004602 and the company number is 004602 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Methods (India) Private Limited is https://www.methodsindia.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Methods (India) Private Limited has risen by 34.89%.

  • As Per 2023 financial reports, 384 employees are currently employed by Methods (India) Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Methods (India) Private Limited has experienced an upsurge of 30.10%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Methods (India) Private Limited amount to ₹ 96.57 Cr.

  • The most recent Balance Sheet for Methods (India) Private Limited was filed with the ROC on 31 Mar 2024.

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