Mikrotek Machines Limited

Manufactures wire drawing dies and die polishing equipment, offers reconditioning and training services.

1993 | Bangalore, Karnataka (India) | Active
Last Updated:

Mikrotek Machines Profile

Key Indicators

  • Authorised Capital ₹ 4.90 M
  • Paid Up Capital ₹ 4.58 M
  • Company Age 31 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 7.13 Cr
  • Revenue Growth 33.74%
  • Profit Growth 30.26%
  • Ebitda 30.60%
  • Net Worth 16.00%
  • Total Assets 8.69%

About Mikrotek Machines

Mikrotek Machines Limited (MML) is a leading Public Limited Indian Non-Government Company incorporated in India on 17 August 1993 and has a history of 31 years and seven months. Its registered office is in Bangalore, Karnataka, India.

The Company is engaged in the Manufacturing 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 4.90 M and a paid-up capital of Rs 4.58 M.

The company currently has active open charges totaling ₹7.13 Cr.

Bidadi Kumar, Batchu Anitha, and Kamala Babu serve as directors at the Company.

Company Details

  • Location

    Bangalore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U85110KA1993PLC014643

  • Company No.

    014643

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    17 Aug 1993

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Manufacturing

What products or services does Mikrotek Machines Limited offer?

Mikrotek Machines Limited offers a wide range of products and services, including Plastic Extrusion Machines, Extrusion Tools, Metal Die, Tungsten Carbide Dies, Carbide Dies, Polishing Machine, Wire Polishing Machine, Abrasive Powder, Synthetic Diamond Powder, Ultrasonic Polishing Machine.

Who are the key members and board of directors at Mikrotek Machines?

Executive Team (1)

NameDesignationAppointment DateStatus
Kamala Babu Country flag representing In Managing Director01-Apr-2011Current

Board Members (2)

NameDesignationAppointment DateStatus
Bidadi Kumar Country flag representing In Director 16-Jun-2017Current
Batchu Anitha Country flag representing In Whole-Time Director 01-Apr-2011Current

Financial Performance of Mikrotek Machines.

Mikrotek Machines Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 33.74% increase. The company also saw a substantial improvement in profitability, with a 30.26% increase in profit. The company's net worth Soared by an impressive increase of 16%.

Mikrotek Machines revenue growth over time
Mikrotek Machines 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
33.74%
Revenue from Operations
34.69%
Total Assets
8.69%
Profit or Loss
30.26%
Net Worth
16.00%
EBITDA
30.60%

What is the Ownership and Shareholding Structure of Mikrotek Machines?

In 2023, Mikrotek Machines had a promoter holding of 76.91% and a public holding of 23.10%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹71.32 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 6.11 Cr
  • The Karnataka State Financial Corporation : 0.52 Cr
  • Karnataka State Financial Corporation : 0.50 Cr

Latest Charge Details

DateLenderAmountStatus
10 Aug 2011Karnataka State Financial Corporation₹5.00 MOpen
23 Jun 2011The Karnataka State Financial Corporation₹5.22 MOpen
25 May 2002State Bank Of India₹6.11 CrOpen

How Many Employees Work at Mikrotek Machines?

Mikrotek Machines has a workforce of 180 employees as of Apr 06, 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.

Employee growth trends for Mikrotek Machines Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mikrotek Machines, 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 Mikrotek Machines'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 Mikrotek Machines

Recent activity within the organization

  • Charges

    A charge with State Bank Of India of Rs. 61.10 M registered on 25 May 2002 with Charge ID 80044301 was modified on 21 Dec 2023.

  • Annual General Meeting

    Mikrotek Machines Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Mikrotek Machines Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

  • Director Appointment

    Bidadi Anjani Kumar was appointed as a Director was appointed as a Director on 16 Jun 2017 & has been associated with this company since 7 years 9 months .

  • Charges

    A charge with Karnataka State Financial Corporation amounted to Rs. 5.00 M with Charge ID 10304656 was registered on 10 Aug 2011.

  • Charges

    A charge with The Karnataka State Financial Corporation amounted to Rs. 5.22 M with Charge ID 10296889 was registered on 23 Jun 2011.

Frequently asked questions

  • What is the Incorporation or founding date of Mikrotek Machines Limited?

    Mikrotek Machines Limited was incorporated on 17 Aug 1993.

  • What is authorized share capital and paid-up capital of Mikrotek Machines Limited?

    The authorized share capital of Mikrotek Machines Limited is ₹ 4.90 M and paid-up capital is ₹ 4.58 M.

  • Who are the current board members & directors of Mikrotek Machines Limited?

    Currently 3 directors are associated with Mikrotek Machines Limited.

    • Bidadi Anjani Kumar
    • Batchu Kamal Anitha
    • Kamala Batchu Babu

  • What is the registered address of Mikrotek Machines Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Mikrotek Machines Limited is 16 'A' Sector Amruthnagar Main Road, Sahakar Nagar Post. India, Bangalore, Karnataka, 560092.

  • What is the corporate identification number (CIN) and company number of Mikrotek Machines Limited?

    The corporate identification number (CIN) of Mikrotek Machines Limited is U85110KA1993PLC014643 and the company number is 014643 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Mikrotek Machines Limited?

    The Official website of Mikrotek Machines Limited is https://www.mikrotek.co.in

  • What has been the recent revenue trend for Mikrotek Machines Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Mikrotek Machines Limited has risen by 33.74%.

  • How many employees does Mikrotek Machines Limited currently have?

    As Per 2023 financial reports, 180 employees are currently employed by Mikrotek Machines Limited.

  • What change has been observed in the net worth of Mikrotek Machines Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Mikrotek Machines Limited has experienced an upsurge of 16.00%.

  • What are the total open charges for Mikrotek Machines Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Mikrotek Machines Limited amount to ₹ 7.13 Cr.

  • When was the last Balance Sheet of Mikrotek Machines Limited filed with the ROC?

    The most recent Balance Sheet for Mikrotek Machines Limited was filed with the ROC on 31 Mar 2023.

People also Viewed