M.G.Brothers Industries Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
- Paid Up Capital ₹ 2.00 Cr
- Company Age 24 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 35.12 Cr
- Satisfied Charges ₹ 46.65 Cr
- Revenue Growth 33.80%
- Profit Growth 257.66%
- Ebitda 12.70%
- Net Worth 11.65%
- Total Assets 12.27%
About M.G.Brothers Industries
M.G.Brothers Industries Private Limited (MIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 06 July 2000 and has a history of 24 years and seven months. Its registered office is in Ety Cly,Yemmiaganur,Kurnool, Andhra Pradesh, India.
The Corporate was formerly known as M.G. Brothers Aquaculture Private Limited. 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 3.00 Cr and a paid-up capital of Rs 2.00 Cr.
The company currently has active open charges totaling ₹35.12 Cr. The company has closed loans amounting to ₹46.65 Cr, as per Ministry of Corporate Affairs (MCA) records.
Machani Ganganna, Raghavendra Machani, Ramanna Gangadhar, and Two other members serve as directors at the Company.
Company Details
- Location
Ety Cly,Yemmiaganur,Kurnool, Andhra Pradesh, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U05005AP2000PTC034868
- Company No.
034868
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
06 Jul 2000
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Vijayawada
Industry
Who are the key members and board of directors at M.G.Brothers Industries?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Raghavendra Machani  | Managing Director | 15-Sep-2008 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Machani Gopalakrishna | Director | 15-Sep-2008 | Current |
| Ramanna Gangadhar | Director | 06-Jul-2000 | Current |
| Machani Ganganna | Director | 06-Jul-2000 | Current |
| Vasavi Machani | Whole-Time Director | 15-Dec-2016 | Current |
Financial Performance of M.G.Brothers Industries.
M.G.Brothers Industries Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 33.8% increase. The company also saw a substantial improvement in profitability, with a 257.66% increase in profit. The company's net worth Soared by an impressive increase of 11.65%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of M.G.Brothers Industries?
In 2022, M.G.Brothers Industries had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Stumpp Schuele & Somappa Springs Private LimitedMachani Ganganna and Ramanna Gangadhar are mutual person
Mg Metallic Springs Pvt LtdMachani Ganganna and Ramanna Gangadhar are mutual person
M. G. M Springs Private LimitedMachani Ganganna and Ramanna Gangadhar are mutual person
M G Brothers Oil Mills Pvt LtdMachani Ganganna and Ramanna Gangadhar are mutual person
- Stumpp Schuele & Somappa Private Limited
Machani Ganganna and Ramanna Gangadhar are mutual person
Charges (Loans)
₹35.12 Cr
₹46.65 Cr
Charges Breakdown by Lending Institutions
- Others : 34.00 Cr
- Hdfc Bank Limited : 1.12 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Feb 2023 | Others | ₹32.70 Cr | Open |
| 20 Apr 2021 | Hdfc Bank Limited | ₹1.65 M | Open |
| 22 Jan 2021 | Hdfc Bank Limited | ₹9.50 M | Open |
| 22 Sep 2020 | Others | ₹1.30 Cr | Open |
| 27 Jul 2018 | Others | ₹2.00 Cr | Satisfied |
How Many Employees Work at M.G.Brothers Industries?
Unlock and access historical data on people associated with M.G.Brothers Industries, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of M.G.Brothers Industries, 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.Brothers Industries'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
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