About Diffusion MGM Machines Private Limited
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Diffusion MGM Machines Private Limited was a private limited company based in Nagpur, Maharashtra, India, operated as a subsidiary of Diffusion Engineers Limited. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the metal foundry and fabrication services segment of the engineering sector. It was incorporated on 26 September 2010.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U29268MH2010PTC208211. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Prashant Garg and Nitin Garg.
Its last annual general meeting (AGM) was held on 30 September 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at T – 5 M.I.D.C. Hingna Industrial Area, Nagpur, Maharashtra, India – 440016.
As per the financials filed for FY 2016, the company reported a revenue of ₹1.1 Lakh, a decline of 89% compared to the previous year. For the same year it recorded a net profit of ₹65,920 (net margin 59.8%) and EBITDA of -₹14,921 (EBITDA margin -13.5%). Revenue has declined at a compounded annual rate (CAGR) of 32% over three years.
The last known website on record is diffusionengineers.com.
Company details
Contact details
Diffusion MGM Machines Private Limited's registered office is in Nagpur, Maharashtra. Its website is diffusionengineers.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressT – 5 M.I.D.C. Hingna Industrial Area, Nagpur, Maharashtra, India – 440016
- IndustryEngineering, Metal Foundry & Fabrication Services
To see the full contact details of Diffusion MGM Machines Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Financials of Diffusion MGM Machines Private Limited
FY 2020 filings availableDiffusion MGM Machines Private Limited reported revenue of ₹1.1 Lakh (down 89% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 32% over three years, including a 89% fall in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹1.1 Lakh | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹14,921 | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹65,920 | |
| Balance Sheet | ||
| Share Capital | ||
| Reserves and Surplus | ||
| Net Worth (Total Equity) | ||
| Long-term Borrowings | ||
| Short-term Borrowings | ||
| Trade Payables | ||
| Total Liabilities | ||
| Fixed Assets | ||
| Investments | ||
| Inventories | ||
| Trade Receivables | ||
| Cash and Bank Balance | ||
| Total Assets | ||
Financial Ratios
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -13.5% | |
| Net Profit Margin | 59.8% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
| Current Ratio | ||
| Quick Ratio | ||
| Debt-to-Equity Ratio | ||
| Interest Coverage Ratio | ||
| Efficiency and Growth | ||
| Asset Turnover | ||
| Receivable Days | ||
| Payable Days | ||
| Inventory Days | ||
| Revenue Growth | ||
| Net Profit Growth | ||
To see the full financial statements and ratios of Diffusion MGM Machines Private Limited, buy the company report.
Board of directors of Diffusion MGM Machines Private Limited
Diffusion MGM Machines has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prashant Garg Also directs: Devi Kiran Advisory Services LLP, Diffusion Engineers Limited, Diffusion Hernon Adhesive and Sealant Private Limited and 4 more | Director | 26 Sep 2010 | 16 Years 0 Months | As last reported |
| Nitin Garg Also directs: Devi Kiran Advisory Services LLP, Diffusion Engineers Limited, Diffusion Hernon Adhesive and Sealant Private Limited and 4 more | Director | 22 Feb 2020 | 6 Years 8 Months | As last reported |
Auditor
Diffusion MGM Machines Private Limited is audited by P. N. Gupta for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P. N. Gupta | FY 2016 |
Shareholding
The shareholding of Diffusion MGM Machines Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Diffusion MGM Machines Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Diffusion MGM Machines Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Diffusion MGM Machines Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Diffusion MGM Machines has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Diffusion MGM Machines Private Limited, buy the company report.
Recent activity
Diffusion MGM Machines Private Limited has 4 board changes on record since 2010: 2 appointments and 2 cessations. The latest: Nitin Garg ceased to be Additional Director on 30 Sep 2020.
News
Frequently asked questions
Diffusion MGM Machines has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Diffusion MGM Machines was a private limited company based in Nagpur, Maharashtra, India. The company worked in metal foundry and fabrication services, within the engineering industry. It was incorporated on 26 September 2010 and is registered under CIN U29268MH2010PTC208211. The company has been struck off by the Registrar of Companies and is no longer operational.
Diffusion MGM Machines had 2 directors:
- Prashant Garg - Director
- Nitin Garg - Director
The CIN (Corporate Identification Number) of Diffusion MGM Machines is U29268MH2010PTC208211. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Diffusion MGM Machines is at T – 5 M.I.D.C. Hingna Industrial Area, Nagpur, Maharashtra, India – 440016.
Diffusion MGM Machines was incorporated on 26 September 2010. It is registered with the Registrar of Companies, Mumbai.
Diffusion MGM Machines can be reached through the website diffusionengineers.com. Its registered office is in Nagpur, Maharashtra, India.
The latest financial statements of Diffusion MGM Machines on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 30 September 2020. Year-wise statements from 2015 are in the company report.
No. Diffusion MGM Machines has 1 GST registration on record and it is cancelled or inactive.
Diffusion MGM Machines operated in the engineering industry, in the metal foundry and fabrication services segment. It worked in this industry before it was struck off.