Myk Laticrete India Profile
Key Indicators
- Authorised Capital ₹ 100.00 Cr
- Paid Up Capital ₹ 61.87 Cr
- Company Age 25 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 30.40 Cr
- Satisfied Charges ₹ 19.07 Cr
- Revenue Growth 36.27%
- Profit Growth 32.90%
- Ebitda 31.47%
- Net Worth 21.31%
- Total Assets 31.46%
About Myk Laticrete India
Myk Laticrete India Private Limited (MLIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 04 May 1999 and has a history of 25 years and nine months. Its registered office is in Hyderabad, Telangana, India.
The Corporate was formerly known as Laticrete India Private Limited. 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 2024. It's a company limited by shares with an authorized capital of Rs 100.00 Cr and a paid-up capital of Rs 61.87 Cr.
The company currently has active open charges totaling ₹30.40 Cr. The company has closed loans amounting to ₹19.07 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Myk Laticrete India Private Limited India is Vishal Gupta as COMPANY SECRETARY. Munikrishna Papagari, Yadama Muralidhar, Patrick Millot, and Three other members serve as directors at the Company.
Company Details
- Location
Hyderabad, Telangana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U99999TG1999PTC031624
- Company No.
031624
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
04 May 1999
- Date of AGM
11 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Manufacturing
What products or services does Myk Laticrete India Private Limited offer?
Myk Laticrete India Private Limited offers a wide range of products and services, including Adhesives, Glue and Sealants, Solvent Based Adhesives, Adhesive Chemical, Cement and Concrete, Concrete Admixture, Mortar, Cement Grout & Grouting compounds, Epoxy Grout, Tile Adhesives, MYK Tile Adhesives.
Who are the key members and board of directors at Myk Laticrete India?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Yadama Muralidhar  | Managing Director | 04-May-1999 | Current |
| Vishal Gupta | Company Secretary | 01-Mar-2022 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Munikrishna Papagari | Director | 21-Oct-1999 | Current |
Patrick Millot  | Director | 11-May-2021 | Current |
| Yadama Krishna | Director | 11-Dec-2000 | Current |
David Rothberg  | Director | 22-Mar-2000 | Current |
| Faisal Saleem | Director | 08-Jul-2013 | Current |
Financial Performance of Myk Laticrete India.
Myk Laticrete India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 36.27% increase. The company also saw a substantial improvement in profitability, with a 32.9% increase in profit. The company's net worth Soared by an impressive increase of 21.31%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Myk Laticrete India?
In 2023, Myk Laticrete India had a promoter holding of 100.00%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Reitz India LimitedMunikrishna Papagari is a mutual person
Parasakti Cement Industries LimitedMunikrishna Papagari is a mutual person
Ovation Services Private LimitedYadama Muralidhar and Yadama Krishna are mutual person
Myk Arment India Private LimitedYadama Muralidhar and Yadama Krishna are mutual person
Myk Arment Private LimitedMunikrishna Papagari, Yadama Muralidhar and 1 more are mutual person
- Myk Laticrete Private Limited
Munikrishna Papagari, Yadama Muralidhar and 4 more are mutual person
Charges (Loans)
Open Charges
₹30.40 Cr
Satisfied Charges
₹19.07 Cr
Charges Breakdown by Lending Institutions
- Others : 22.40 Cr
- State Bank Of India : 8.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Feb 2021 | Others | ₹22.40 Cr | Open |
| 20 Sep 2012 | State Bank Of India | ₹8.00 Cr | Open |
| 20 Jul 2006 | Andhra Bank | ₹1.27 Cr | Satisfied |
| 08 Mar 2003 | Andhra Bank | ₹4.00 M | Satisfied |
| 11 Jun 2001 | Andhra Bank | ₹17.40 Cr | Satisfied |
How Many Employees Work at Myk Laticrete India?
Myk Laticrete India has a workforce of 1063 employees as of Feb 19, 2025. 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 Myk Laticrete India, 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 Myk Laticrete India'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.
Latest Updates, News, and FAQs on Myk Laticrete India
Recent activity within the organization
- Annual General Meeting
Myk Laticrete India Private Limited last Annual general meeting of members was held on 11 Sep 2024 as per latest MCA records.
- Charges
A charge with Others of Rs. 22.40 Cr registered on 25 Feb 2021 with Charge ID 100426884 was modified on 20 Apr 2024.
- Balance Sheet
Myk Laticrete India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.
- Charges
A charge with State Bank Of India of Rs. 8.00 Cr registered on 20 Sep 2012 with Charge ID 10378834 was modified on 04 Jan 2024.
- Charges
A charge registered on 20 Jul 2006 via Charge ID 10015676 with Andhra Bank was fully satisfied on 21 Apr 2022.
- Charges
A charge registered on 08 Mar 2003 via Charge ID 90128338 with Andhra Bank was fully satisfied on 21 Apr 2022.
Frequently asked questions
What is the Incorporation or founding date of Myk Laticrete India Private Limited?
Myk Laticrete India Private Limited was incorporated on 04 May 1999.
What is authorized share capital and paid-up capital of Myk Laticrete India Private Limited?
The authorized share capital of Myk Laticrete India Private Limited is ₹ 100.00 Cr and paid-up capital is ₹ 61.87 Cr.
Who are the current board members & directors of Myk Laticrete India Private Limited?
Currently 7 directors are associated with Myk Laticrete India Private Limited.
- Munikrishna Papagari
- Yadama Muralidhar
- Patrick Millot
- Yadama Kirthi Krishna
- David Allen Rothberg
- Faisal Saleem
- Vishal Gupta
What is the registered address of Myk Laticrete India Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Myk Laticrete India Private Limited is Plot No. 30/C (Sy. 83/1) Orbit Building 17Th Floor Tower 1 Knowledge City Tsiic Raidurg, Ranga Reddy Dist. India, Shaikpet, Telangana, 500081.
What is the corporate identification number (CIN) and company number of Myk Laticrete India Private Limited?
The corporate identification number (CIN) of Myk Laticrete India Private Limited is U99999TG1999PTC031624 and the company number is 031624 as per Ministry of Corporate Affairs (MCA).
What is the official website of Myk Laticrete India Private Limited?
The Official website of Myk Laticrete India Private Limited is https://www.myklaticrete.com
What has been the recent revenue trend for Myk Laticrete India Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Myk Laticrete India Private Limited has risen by 36.27%.
How many employees does Myk Laticrete India Private Limited currently have?
As Per 2023 financial reports, 1063 employees are currently employed by Myk Laticrete India Private Limited.
What change has been observed in the net worth of Myk Laticrete India Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Myk Laticrete India Private Limited has experienced an upsurge of 21.31%.
What are the total open charges for Myk Laticrete India Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Myk Laticrete India Private Limited amount to ₹ 30.40 Cr.
When was the last Balance Sheet of Myk Laticrete India Private Limited filed with the ROC?
The most recent Balance Sheet for Myk Laticrete India Private Limited was filed with the ROC on 31 Mar 2024.
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