Megs Concepts Private Limited
About Megs Concepts Private Limited
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Megs Concepts Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the furniture manufacturing segment of the consumer electronics and durables sector. It was incorporated on 08 January 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U52520TG2004PTC042391. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Bhimwal Dipti (Managing Director) and Bhimwal Bakshi Siddharth.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Flat No.118 Sai Raghavendra'S Magnificient Habitat Nallagandla Serlingampalli, Hyderabad, Telangana, India – 500019.
As per the financials filed for FY 2018, the company reported a revenue of ₹46 Lakh, a decline of 45% compared to the previous year. For the same year it recorded a net loss of ₹19.75 Lakh (net margin -42.9%) and EBITDA of -₹17.69 Lakh (EBITDA margin -38.5%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Megs Concepts has one previous CIN (Corporate Identification Number): U52520AP2004PTC042391. The current CIN is U52520TG2004PTC042391, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U52520TG2004PTC042391 | Current |
| U52520AP2004PTC042391 | Previous |
Contact details
Megs Concepts Private Limited's registered office is in Hyderabad, Telangana. Its e-mail address is in the company report.
- Email
- Social Media
- Registered AddressFlat No.118 Sai Raghavendra'S Magnificient Habitat Nallagandla Serlingampalli, Hyderabad, Telangana, India – 500019
- IndustryConsumer Electronics & Durables, Furniture Manufacturing
To see the full contact details of Megs Concepts 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
Business activity
The main business activity of Megs Concepts is professional, scientific and technical. In detail, this covers management consultancy activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M3 | Management consultancy activities |
To see the full business activity and turnover split of Megs Concepts Private Limited, buy the company report.
Financials of Megs Concepts Private Limited
FY 2018 filings availableMegs Concepts Private Limited reported revenue of ₹46 Lakh (down 45% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue fell 45% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 9%. EBITDA fell 393% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹46 Lakh | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
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| Total Expenses | ||||
| EBITDA | -₹17.69 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹19.75 Lakh | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
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| Trade Payables | ||||
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| Investments | ||||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -38.5% | |||
| Net Profit Margin | -42.9% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
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| Efficiency and Growth | ||||
| Asset Turnover | ||||
| Receivable Days | ||||
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| Inventory Days | ||||
| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Megs Concepts Private Limited, buy the company report.
Board of directors of Megs Concepts Private Limited
Megs Concepts has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhimwal Dipti Also directs: Paction Projects Private Limited | Managing Director | 02 Nov 2011 | 14 Years 11 Months | Current |
| Bhimwal Bakshi Siddharth Also directs: Paction Projects Private Limited | Director | 08 Jan 2004 | 22 Years 9 Months | Current |
Auditor
Megs Concepts Private Limited is audited by J SRAVAN KUMAR & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J SRAVAN KUMAR & CO | FY 2018 | 010827S |
Shareholding
The shareholding of Megs Concepts Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Megs Concepts Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Megs Concepts 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 Megs Concepts Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Megs Concepts has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Megs Concepts Private Limited, buy the company report.
Recent activity
Megs Concepts Private Limited has 3 board changes on record since 2004: 2 appointments and 1 cessation. The latest: Prithipal Singh Jogendersingh Bhimwal ceased to be Director on 01 Dec 2011.
Frequently asked questions
Megs Concepts is an active private limited company based in Hyderabad, Telangana, India. The company works in furniture manufacturing, within the consumer electronics and durables industry. It was incorporated on 08 January 2004 (22+ years old) and is registered under CIN U52520TG2004PTC042391.
Megs Concepts has 2 current directors:
- Bhimwal Dipti - Managing Director
- Bhimwal Bakshi Siddharth - Director
The latest financial statements of Megs Concepts on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
No. Megs Concepts has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Megs Concepts is U52520TG2004PTC042391. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Megs Concepts was incorporated on 08 January 2004, making it 22+ years old. It is registered with the Registrar of Companies, Hyderabad.
Prithipal Singh Jogendersingh Bhimwal ceased to be Director on 01 Dec 2011. Bhimwal Dipti was appointed as Managing Director on 02 Nov 2011. Bhimwal Bakshi Siddharth was appointed as Director on 08 Jan 2004.
The registered office of Megs Concepts is at Flat No.118 Sai RaghavendraS Magnificient Habitat Nallagandla Serlingampalli, Hyderabad, Telangana, India – 500019.
Megs Concepts operates in the consumer electronics and durables industry, in the furniture manufacturing segment.
The compliance status of Megs Concepts is compliant as of 23 August 2026. The company is actively filing with the Registrar of Companies.