Mgm Edible Oils Profile
Key Indicators
- Authorised Capital ₹ 6.00 Cr
as on 05-07-2024
- Paid Up Capital ₹ 5.50 Cr
as on 05-07-2024
- Company Age 21 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 152.36 Cr
as on 05-07-2024
- Satisfied Charges ₹ 65.39 Cr
as on 05-07-2024
- Revenue 19.24%
(FY 2023)
- Profit -50.84%
(FY 2023)
- Ebitda -22.86%
(FY 2023)
- Net Worth 14.40%
(FY 2023)
- Total Assets 52.39%
(FY 2023)
About Mgm Edible Oils
The Company is engaged in the Food And Beverages 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 6.00 Cr and a paid-up capital of Rs 5.50 Cr.
The company currently has active open charges totaling ₹152.36 Cr. The company has closed loans amounting to ₹65.39 Cr, as per Ministry of Corporate Affairs (MCA) records.
Gnana Pandian, Mukkaiah Gunasekarapandian, and Gunasekara Mahalakshmi serve as directors at the Company.
- CIN/LLPIN
U51225TN2003PTC051701
- Company No.
051701
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
01 Oct 2003
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Company Details
- Location
Thoothukudi, Tamil Nadu, India
- Telephone
- Email Address
- Website
- Social Media-
What products or services does Mgm Edible Oils Private Limited offer?
Mgm Edible Oils Private Limited offers a wide range of products and services, including Industrial Chemicals & Supplies, Fatty Acid, Edible Oil & Allied Products, Palm Oil, Groundnut Oil.
Who are the key members and board of directors at Mgm Edible Oils?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mukkaiah Gunasekarapandian  | Managing Director | 01-Oct-2003 | Current |
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Gnana Pandian | Director | 30-Sep-2015 | Current |
| Gunasekara Mahalakshmi | Director | 01-Oct-2003 | Current |
Financial Performance of Mgm Edible Oils.
Mgm Edible Oils Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 19.24% increase. The company also saw a substantial fall in profitability, with a 50.84% decrease in profit. The company's net worth Soared by an impressive increase of 14.4%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metric |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Mgm Edible Oils?
In 2023, Mgm Edible Oils 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)
Maha Agro Industries Private LimitedActive 4 years 4 monthsGnana Pandian and Mukkaiah Gunasekarapandian are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Hdfc Bank Limited Creation Date: 07 Dec 2023 | ₹40.00 Cr | Open |
Hdfc Bank Limited Creation Date: 11 Jan 2023 | ₹0.84 M | Open |
Hdfc Bank Limited Creation Date: 12 Dec 2022 | ₹2.10 M | Open |
How Many Employees Work at Mgm Edible Oils?
Mgm Edible Oils has a workforce of 173 employees as of Mar 27, 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 Mgm Edible Oils, 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 Mgm Edible Oils'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.
