Startup India Government of India
M. U. Bags Private Limited - consumer goods in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹67.91 Lakh
▼ 27% YoY
Net loss · FY 2025
₹5.03 Lakh
Net margin -7.4%
EBITDA · FY 2025
-₹42,073
EBITDA margin -0.6%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹2 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
5
As per MCA filings
Active GSTINs
1
GST registered
About M. U. Bags Private Limited
Data last updated:
M. U. Bags Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the accessories retail and distribution segment of the consumer goods sector. It was incorporated on 24 August 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U19116MH2017PTC298998. Its GSTIN is 27AALCM2859F1Z6 (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors including Hassan Mohammed Labbai and Mehaboob Sharif Abdul Gafoor Ansari.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Shree Sainath Nagar Ramesh House Upper Trombay Costom Rd Trombay, Mumbai, Maharashtra, India – 400088.
As per the financials filed for FY 2025, the company reported a revenue of ₹67.91 Lakh, a decline of 27% compared to the previous year. For the same year it recorded a net loss of ₹5.03 Lakh (net margin -7.4%) and EBITDA of -₹42,073 (EBITDA margin -0.6%). Revenue has declined at a compounded annual rate (CAGR) of 10% over three years and 13% over five years.
The company is associated with 1 brand: MU Bags.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mubags.in.
Company details
CIN U19116MH2017PTC298998
Registration Number 298998
Incorporation Date 24 August 2017
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
Key People
Hassan Mohammed Labbai Director Mehaboob Sharif Abdul Gafoor Ansari Director Mohammed Ali Labbai Director Recognitions & Rankings of M. U. Bags
Contact details
M. U. Bags Private Limited's registered office is in Mumbai, Maharashtra. Its website is mubags.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressShree Sainath Nagar Ramesh House Upper Trombay Costom Rd Trombay, Mumbai, Maharashtra, India – 400088
- IndustryConsumer Goods, Accessories Retail & Distribution
To see the full contact details of M. U. Bags Private Limited, buy the company report.
Comprehensive company report
M. U. Bags Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of M. U. Bags is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of M. U. Bags Private Limited, buy the company report.
Financials of M. U. Bags Private Limited
FY 2025 filings availableM. U. Bags Private Limited reported revenue of ₹67.91 Lakh (down 27% YoY) for FY 2025.
Revenue · FY 2025
₹67.91 Lakh ▼ 27%
Net loss · FY 2025
₹5.03 Lakh margin -7.4%
EBITDA · FY 2025
-₹42,073 margin -0.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 27%
3 years · compounded
▼ 10%
5 years · compounded
▼ 13%
EBITDA CAGR growth
1 year
▼ 105%
3 years · compounded
▲ 28%
5 years · compounded
▼ 15%
Revenue has declined at a compounded annual rate (CAGR) of 13% over five years, including a 27% fall in the latest year. EBITDA fell 105% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Total Expenses | |||||
| EBITDA | -₹42,073 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹5.03 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.6% | ||||
| Net Profit Margin | -7.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of M. U. Bags Private Limited, buy the company report.
Board of directors of M. U. Bags Private Limited
M. U. Bags has 5 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hassan Mohammed Labbai | Director | 24 Aug 2017 | 9 Years 2 Months | Current |
| Mehaboob Sharif Abdul Gafoor Ansari | Director | 24 Aug 2017 | 9 Years 2 Months | Current |
| Mohammed Ali Labbai | Director | 24 Aug 2017 | 9 Years 2 Months | Current |
| Mohammed Sultan Ansari Abdul Gafoor | Director | 24 Aug 2017 | 9 Years 2 Months | Current |
| Umar Ali Abdul Madarsa | Director | 24 Aug 2017 | 9 Years 2 Months | Current |
Auditor
M. U. Bags Private Limited is audited by ASHFAQUE RAHATWAL & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ASHFAQUE RAHATWAL & ASSOCIATES | FY 2018 | 140050W |
Shareholding
The shareholding of M. U. Bags Private Limited is on record for FY 2018, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2018 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of M. U. Bags Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving M. U. Bags 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 M. U. Bags Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
M. U. Bags has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AALCM2859F1Z6 | Maharashtra | Active | 09 Oct 2017 |
To see the full GST registrations and return filing status of M. U. Bags Private Limited, buy the company report.
Recent activity
M. U. Bags Private Limited has 5 board changes on record since 2017: 5 appointments. The latest: Hassan Mohammed Labbai was appointed as Director on 24 Aug 2017.
AGM
M. U. Bags Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
M. U. Bags Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Appointed
Hassan Mohammed Labbai was appointed as Director.
Appointed
Mehaboob Sharif Abdul Gafoor Ansari was appointed as Director.
Appointed
Mohammed Ali Labbai was appointed as Director.
Appointed
Mohammed Sultan Ansari Abdul Gafoor was appointed as Director.
Appointed
Umar Ali Abdul Madarsa was appointed as Director.
Incorporation
24 Aug 2017
M. U. Bags Private Limited was registered on 24 Aug 2017 with Roc Mumbai I & aged 9 years 2 months as per MCA records.
Frequently asked questions
M. U. Bags is an active private limited company based in Mumbai, Maharashtra, India. The company works in accessories retail and distribution, within the consumer goods industry. It was incorporated on 24 August 2017 (9+ years old) and is registered under CIN U19116MH2017PTC298998.
M. U. Bags has 5 current directors:
- Hassan Mohammed Labbai - Director
- Mehaboob Sharif Abdul Gafoor Ansari - Director
- Mohammed Ali Labbai - Director
- Mohammed Sultan Ansari Abdul Gafoor - Director
- Umar Ali Abdul Madarsa - Director
The latest financial statements of M. U. Bags on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of M. U. Bags is 27AALCM2859F1Z6, registered in Maharashtra.
The CIN (Corporate Identification Number) of M. U. Bags is U19116MH2017PTC298998. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
M. U. Bags was incorporated on 24 August 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
Hassan Mohammed Labbai was appointed as Director on 24 Aug 2017. Mehaboob Sharif Abdul Gafoor Ansari was appointed as Director on 24 Aug 2017. Mohammed Ali Labbai was appointed as Director on 24 Aug 2017. M. U. Bags has 5 board changes on record in total.
Yes, M. U. Bags is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
M. U. Bags can be reached through the website mubags.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of M. U. Bags is at Shree Sainath Nagar Ramesh House Upper Trombay Costom Rd Trombay, Mumbai, Maharashtra, India – 400088.
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