M.G.B. Automotives Profile
Key Indicators
- Authorised Capital ₹ 1.75 Cr
as on 05-07-2024
- Paid Up Capital ₹ 1.66 Cr
as on 05-07-2024
- Company Age 25 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 45.02 Cr
as on 05-07-2024
- Satisfied Charges ₹ 19.79 Cr
as on 05-07-2024
- Revenue 59.93%
(FY 2022)
- Profit 80.56%
(FY 2022)
- Ebitda -5.13%
(FY 2022)
- Net Worth 9.85%
(FY 2022)
- Total Assets 16.90%
(FY 2022)
About M.G.B. Automotives
The Company is engaged in the Automotive Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 1.75 Cr and a paid-up capital of Rs 1.66 Cr.
The company currently has active open charges totaling ₹45.02 Cr. The company has closed loans amounting to ₹19.79 Cr, as per Ministry of Corporate Affairs (MCA) records.
Machani Aditya, Raghunath Machani, Machani Somnath, and One other member serve as directors at the Company.
- CIN/LLPIN
U34300AP1999PTC032713
- Company No.
032713
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
18 Oct 1999
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Vijayawada
Industry
Company Details
- Location
Ananthapur, Andhra Pradesh, India
- Telephone
- Email Address
- Website
-
- Social Media-
Who are the key members and board of directors at M.G.B. Automotives?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Raghunath Machani  | Managing Director | 18-Oct-1999 | Current |
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Machani Somnath | Director | 10-Jul-2013 | Current |
| Machani Aditya | Director | 10-Jul-2013 | Current |
| Usha Machani | Director | 18-Oct-1999 | Current |
Financial Performance of M.G.B. Automotives.
M.G.B. Automotives Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 59.93% increase. The company also saw a substantial improvement in profitability, with a 80.56% increase in profit. The company's net worth moved up by a moderate rise of 9.85%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of M.G.B. Automotives?
In 2021, M.G.B. Automotives had a promoter holding of 100.00%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
M G Brothers Private LimitedActive 24 years 11 monthsMachani Aditya, Raghunath Machani and 2 more are mutual person
Mgb Autohub Private LimitedActive 5 years 10 monthsMachani Aditya, Raghunath Machani and 1 more are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
State Bank Of India Creation Date: 11 Oct 2019 | ₹19.80 Cr | Open |
Others Creation Date: 22 Mar 2017 | ₹1.50 Cr | Open |
State Bank Of India Creation Date: 04 Mar 2013 | ₹7.50 M | Open |
How Many Employees Work at M.G.B. Automotives?
M.G.B. Automotives has a workforce of 18 employees as of Apr 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 M.G.B. Automotives, 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 M.G.B. Automotives'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.
