About Mangalsons Optics Private Limited
Data last updated:
Mangalsons Optics Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Essilor India Private Limited. It operates in the lifestyle products and accessories manufacturing segment of the home and lifestyle products sector. It was incorporated on 18 November 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U36999MH2016PTC287756. Its GSTIN is 27AAKCM6694H1ZU (Maharashtra). The company holds 6 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹10 Cr. It is led by directors Abhilash Shirish Khara and Naimuddin Wahiduddin Shaikh.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 December 2018. The registered office is at 119 Andheri Industrial Estate Off Veera Desai Road Andheri (West), Mumbai, Maharashtra, India – 400053.
As per the financials filed for FY 2018, the company reported a revenue of ₹25.49 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹18.77 Cr (net margin -73.6%) and EBITDA of -₹15.91 Cr (EBITDA margin -62.4%).
The company has about 5 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Mangalsons. Court records list 3 cases involving the company, including 3 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mangalsons.com.
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- Website
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- Registered Address119 Andheri Industrial Estate Off Veera Desai Road Andheri (West), Mumbai, Maharashtra, India – 400053
- IndustryHome & Lifestyle, Lifestyle Products & Accessories Manufacturing
- 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
- One PDF report, delivered after checkout
Associated Brands
Mangalsons Optics operates one associated brand: Mangalsons. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provision of ophthalmic lenses, frames, sunglasses, and reading glasses in India. | mangalsons.com |
Financials of Mangalsons Optics Private Limited
FY 2018 filings availableMangalsons Optics Private Limited reported revenue of ₹25.49 Cr (up 558% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue rose 558% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2017-18 | FY 2016-17in the company report |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹25.49 Cr | |
| Other Income | •••• | |
| Total Revenue | •••• | |
| Cost of Materials Consumed | •••• | |
| Employee Benefit Expense | •••• | |
| Finance Costs | •••• | |
| Depreciation and Amortisation | •••• | |
| Other Expenses | •••• | |
| Total Expenses | •••• | |
| EBITDA | -₹15.91 Cr | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | -₹18.77 Cr | |
| 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 2017-18 | FY 2016-17in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -62.4% | |
| Net Profit Margin | -73.6% | |
| 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 | •••• | |
Paid data: the figures shown as dots, and every line for FY 2016-17, are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Mangalsons Optics are in the company report.
Financial statements from FY 2017
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Board of Directors of Mangalsons Optics Private Limited
Mangalsons Optics has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abhilash Shirish Khara | Director | 18 Nov 2016 | 9 Years 11 Months | Current |
| Naimuddin Wahiduddin Shaikh | Additional Director | 08 Mar 2023 | 3 Years 7 Months | Current |
Auditor Details
Mangalsons Optics Private Limited is audited by KALYANIWALLA & MISTRY LLP for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KALYANIWALLA & MISTRY LLP | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
Mangalsons Optics Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases
Mangalsons Optics Private Limited has 3 court cases on record: 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Valsad, Gujarat | Court case (SMST-R) | Filed against the company by M/S. Maihar Securities Services (India) Pvt. Ltd. Autho. Person Pradipkumar Kalyansinh Gautam | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Recovery Appn PGA1) | Filed against the company by an individual | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed against the company by an individual | Disposed |
: available in the company report
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Employees and EPFO Compliance
Mangalsons Optics Private Limited has a workforce of 5 employees as of Apr 08, 2024.
: available in the company report
Recent Activity
Mangalsons Optics Private Limited has 8 board changes on record since 2016: 2 appointments and 6 cessations. The latest: Kavin Abhilash Khara ceased to be Additional Director on 08 Mar 2023.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Mangalsons Optics has 6 GST registrations: 2 active and 4 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAKCM6694H1ZU | Maharashtra | Active | 01 Jul 2017 |
| 26AAKCM6694H1ZW | Dadra and Nagar Haveli and Daman and Diu | Active | 01 Aug 2020 |
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
Mangalsons Optics is an active private limited company based in Mumbai, Maharashtra, India. The company works in lifestyle products and accessories manufacturing, within the home and lifestyle industry. It was incorporated on 18 November 2016 (10+ years old) and is registered under CIN U36999MH2016PTC287756.
Mangalsons Optics has 2 current directors:
- Abhilash Shirish Khara - Director
- Naimuddin Wahiduddin Shaikh - Additional Director
The latest financial statements of Mangalsons Optics on record with the MCA are for the year ended 31 December 2018. Its last annual general meeting was held on 30 September 2019. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Mangalsons Optics is 27AAKCM6694H1ZU, registered in Maharashtra. The company has 6 GST registrations in all, of which 2 are active and 4 are cancelled or inactive. Other active GSTINs include 26AAKCM6694H1ZW (Dadra and Nagar Haveli and Daman and Diu).
The CIN (Corporate Identification Number) of Mangalsons Optics is U36999MH2016PTC287756. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mangalsons Optics has 3 court cases on record: 3 filed against it.
Mangalsons Optics was incorporated on 18 November 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
Kavin Abhilash Khara ceased to be Additional Director on 08 Mar 2023. Naimuddin Wahiduddin Shaikh was appointed as Additional Director on 08 Mar 2023. Pratik Shirish Khara ceased to be Director on 25 Mar 2021. Mangalsons Optics has 8 board changes on record in total.
Mangalsons Optics can be reached through the website mangalsons.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Mangalsons Optics is at 119 Andheri Industrial Estate Off Veera Desai Road Andheri West, Mumbai, Maharashtra, India – 400053.