Millars Machinery Co Profile
Key Indicators
- Authorised Capital ₹ 2.50 M
as on 31-12-2024
- Paid Up Capital ₹ 1.25 M
as on 31-12-2024
- Company Age 53 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 2.31 M
as on 31-12-2024
- Satisfied Charges ₹ 1.20 M
as on 31-12-2024
- Revenue 13.06%
(FY 2023)
- Profit -26.55%
(FY 2023)
- Ebitda 45.86%
(FY 2023)
- Net Worth 0.06%
(FY 2023)
- Total Assets 0.05%
(FY 2023)
About Millars Machinery Co
The Company is engaged in the Machinery And Equipment 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 2.50 M and a paid-up capital of Rs 1.25 M.
The company currently has active open charges totaling ₹2.31 M. The company has closed loans amounting to ₹1.20 M, as per Ministry of Corporate Affairs (MCA) records.
Ashok Patel, Urmi Patel, Tarak Patel, and One other member serve as directors at the Company.
- CIN/LLPIN
U29240MH1971PTC015240
- Company No.
015240
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
26 Jul 1971
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
- Email Address
- Website
-
- Social Media-
Who are the key members and board of directors at Millars Machinery Co?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Tarak Patel  | Director | 28-Mar-2001 | Current |
| Payal Patel | Whole-Time Director | 02-Sep-2021 | Current |
| Ashok Patel | Director | 28-Aug-1971 | Current |
| Urmi Patel | Director | 19-Aug-2020 | Current |
Financial Performance of Millars Machinery Co.
Millars Machinery Co Pvt Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 13.06% increase. The company also saw a substantial fall in profitability, with a 26.55% decrease in profit. The company's net worth moved up by a moderate rise of 0.06%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (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 Millars Machinery Co?
In 2023, Millars Machinery Co 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)
Decbectochem Engineering Private LimitedActive 5 years 3 monthsAshok Patel and Tarak Patel are mutual person
Ready Mix Concrete LimitedActive 28 years 9 monthsAshok Patel, Urmi Patel and 2 more are mutual person
- Millars Concrete Technologies Private LimitedActive 25 years 7 months
Ashok Patel, Urmi Patel and 2 more are mutual person
Charges (Loans)
₹2.31 M
₹1.20 M
Charges Breakdown by Lending Institutions
- Bank Of Maharashtra : 0.23 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Nov 1977 | Bank Of Maharashtra | ₹0.50 M | Open |
| 15 Feb 1977 | Bank Of Maharashtra | ₹0.08 M | Open |
| 12 Apr 1976 | Bank Of Maharashtra | ₹0.40 M | Open |
| 06 Jan 1976 | Bank Of Maharashtra | ₹1.34 M | Open |
| 11 Sep 1971 | The National & Grindlays Bank Ltd. | ₹1.20 M | Satisfied |
How Many Employees Work at Millars Machinery Co?
Unlock and access historical data on people associated with Millars Machinery Co, 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 Millars Machinery Co, 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 Millars Machinery Co'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.
