M.G.Brothers Automobiles Private Limited

M.G.Brothers Automobiles Private Limited

Deals in commercial vehicles, tractors, two-wheelers, petroleum products, real estate, and retail malls.
1994 | Kurnool, Andhra Pradesh (India) | Active

Last Updated:

November 16, 2024
HomeCompanyM.G.Brothers Automobiles Private Limited

Who are the key members and board of directors at M.G.Brothers Automobiles?

Executive Team (1)

NameDesignationAppointment DateStatus
Machani Gopalakrishna InManaging Director20-Dec-2006Current

Board Members(3)

NameDesignationAppointment DateStatus
Ramanna Gangadhar In Whole-Time Director 30-Jun-1994Current
Machani Ganganna In Director 30-Jun-1994Current
Raghavendra Machani In Director 20-Dec-2006Current

Financial Performance and Corporate Structure Insights of M.G.Brothers Automobiles.

M.G.Brothers Automobiles Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 36.01% increase. The company also saw a substantial improvement in profitability, with a 417.85% increase in profit. The company's net worth Soared by an impressive increase of 57.35%.

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
36.01%
Revenue from Operations
35.85%
Total Assets
8.17%
Profit or Loss
417.85%
Net Worth
57.35%
EBITDA
2.45%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹119.92 Cr

₹199.54 Cr

LenderAmountStatus

Hdfc Bank Limited

Creation Date: 16 Sep 2023
₹1.50 MOpen

Axis Bank Limited

Creation Date: 02 Feb 2023
₹30.77 CrOpen

Hdfc Bank Limited

Creation Date: 01 Dec 2021
₹1.00 MOpen

How Many Employees Work at M.G.Brothers Automobiles?

M.G.Brothers Automobiles has a workforce of 115 employees as of Apr 01, 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.

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Latest Updates, News, and FAQs on M.G.Brothers Automobiles

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 24.50 Cr registered on 24 Mar 2012 with Charge ID 10348518 was modified on 13 Sep 2024.

    13 Sep 2024

  • Annual General Meeting

    M.G.Brothers Automobiles Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.15 Cr with Charge ID 100814763 was registered on 16 Sep 2023.

    16 Sep 2023

  • Charges

    A charge registered on 29 Nov 2016 via Charge ID 100066826 with Others was fully satisfied on 13 Apr 2023.

    13 Apr 2023

  • Balance Sheet

    M.G.Brothers Automobiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Vijayawada.

    31 Mar 2023

  • Charges

    A charge registered on 29 May 2017 via Charge ID 100103541 with Others was fully satisfied on 29 Mar 2023.

    29 Mar 2023

Frequently asked questions

  • M.G.Brothers Automobiles Private Limited was incorporated on 30 Jun 1994.

  • The authorized share capital of M.G.Brothers Automobiles Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.19 Cr.

  • Currently 4 directors are associated with M.G.Brothers Automobiles Private Limited.

    • Ramanna Machani Gangadhar
    • Machani Gangadhar Gopalakrishna
    • Machani Ramanna Ganganna
    • Raghavendra Gangadhar Machani
  • As per Ministry of Corporate Affairs (Mca), the registered address of M.G.Brothers Automobiles Private Limited is D No 1/683 Co Op House Building Colony Yemmiganur, India, Andhra Pradesh, 518360.

  • The corporate identification number (CIN) of M.G.Brothers Automobiles Private Limited is U34102AP1994PTC017819 and the company number is 017819 as per Ministry of Corporate Affairs (MCA).

  • The Official website of M.G.Brothers Automobiles Private Limited is https://www.mgbrothers.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for M.G.Brothers Automobiles Private Limited has risen by 36.01%.

  • As Per 2023 financial reports, 115 employees are currently employed by M.G.Brothers Automobiles Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of M.G.Brothers Automobiles Private Limited has experienced an upsurge of 57.35%.

  • As per the financial statements for fiscal Year 2023, The total open charges for M.G.Brothers Automobiles Private Limited amount to ₹ 119.92 Cr.

  • The most recent Balance Sheet for M.G.Brothers Automobiles Private Limited was filed with the ROC on 31 Mar 2023.

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