MGM Refractories Private Limited
About MGM Refractories Private Limited
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MGM Refractories Private Limited is a private limited company based in Burdwan, West Bengal, India. It operates in the construction materials segment of the manufacturing sector. It was incorporated on 26 November 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U23101WB1992PTC057088. Its GSTIN is 20AADCM1366M1ZL (Jharkhand). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1.3 Cr and a paid-up capital of ₹1.26 Cr. It is led by directors Parmeshwar Nath Rai and Harendra Roy.
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 Hanuman Charai Barakardist Burdwan, West Bengal, India – 713324.
As per the financials filed for FY 2024, the company reported a revenue of ₹14.86 Lakh, a growth of 81% compared to the previous year. For the same year it recorded a net profit of ₹6.27 Lakh (net margin 42.2%) and EBITDA of ₹10.75 Lakh (EBITDA margin 72.3%). Revenue has declined at a compounded annual rate (CAGR) of 38% over three years and 15% over five years.
Court records list 3 cases involving the company, including 3 filed by the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
MGM Refractories Private Limited's registered office is in Burdwan, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressHanuman Charai Barakardist Burdwan, West Bengal, India – 713324
- IndustryManufacturing, Construction Materials
To see the full contact details of MGM Refractories 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 MGM Refractories Private Limited
FY 2025 filings availableMGM Refractories Private Limited reported revenue of ₹14.86 Lakh (up 81% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 81% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 15%. EBITDA rose 109% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹10.75 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹6.27 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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| Long-term Borrowings | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 72.3% | ||||
| Net Profit Margin | 42.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
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To see the full financial statements and ratios of MGM Refractories Private Limited, buy the company report.
Board of directors of MGM Refractories Private Limited
MGM Refractories has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Parmeshwar Nath Rai | Director | 25 May 1995 | 31 Years 5 Months | Current |
| Harendra Roy | Director | 01 Jun 2010 | 16 Years 5 Months | Current |
Peer comparison
MGM Refractories Private Limited is compared with the 3 companies closest to it by revenue in the Manufacturing industry (Construction Materials), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| JHSC Stone and Crushers Private Limited | ₹14.93 Lakh (FY 2025) | Faridabad, Haryana, India | ||||
| Zulplast Private Limited | ₹14.91 Lakh (FY 2024) | -79.0% | Mumbai, Maharashtra, India | |||
| MGM Refractories Private Limitedthis company | ₹14.86 Lakh (FY 2024) | ₹6.27 Lakh | 42.2% | 81.0% | Burdwan, West Bengal, India | |
| Amritvarsha Industries Limited | ₹14.72 Lakh (FY 2025) | -66.0% | Ghaziabad, Uttar Pradesh, India |
To see the full peer comparison of MGM Refractories Private Limited, buy the company report.
Auditor
MGM Refractories Private Limited is audited by SANJAY SHAW & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SANJAY SHAW & CO. | FY 2023 | 069037 |
Shareholding
The shareholding of MGM Refractories Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of MGM Refractories Private Limited, buy the company report.
Legal cases
MGM Refractories Private Limited has 3 court cases on record: 3 filed by MGM Refractories. 1 case is pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Court case (T) | Filed by the company against Coal India Ltd. | Disposed |
| High Court of Jharkhand | Writ petition | Filed by the company against The State of Jharkhand Through the Principal Secretary Urban Development Department | Pending |
| Calcutta High Court | Writ petition | Filed by the company against Chief Commissioner of I. Tax,Durgapur | Disposed |
To see the full case history of MGM Refractories Private Limited, buy 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for MGM Refractories Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
MGM Refractories has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 20AADCM1366M1ZL | Jharkhand | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of MGM Refractories Private Limited, buy the company report.
Recent activity
MGM Refractories Private Limited has 6 board changes on record since 1995: 2 appointments and 4 cessations. The latest: Upendra Rai ceased to be Director on 18 Aug 2024.
Frequently asked questions
MGM Refractories is an active private limited company based in Burdwan, West Bengal, India. The company works in construction materials, within the manufacturing industry. It was incorporated on 26 November 1992 (34+ years old) and is registered under CIN U23101WB1992PTC057088.
MGM Refractories has 2 current directors:
- Parmeshwar Nath Rai - Director
- Harendra Roy - Director
The latest financial statements of MGM Refractories 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 2015 are in the company report.
The GSTIN of MGM Refractories is 20AADCM1366M1ZL, registered in Jharkhand. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of MGM Refractories is U23101WB1992PTC057088. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MGM Refractories has 3 court cases on record: 3 filed by the company. 1 is pending.
MGM Refractories was incorporated on 26 November 1992, making it 34+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of MGM Refractories by revenue are JHSC Stone and Crushers Private Limited, Zulplast Private Limited, Amritvarsha Industries Limited, all in the Manufacturing industry (Construction Materials), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities).
Upendra Rai ceased to be Director on 18 Aug 2024. Subhas Rai ceased to be Director on 03 Aug 2020. Harendra Roy was appointed as Director on 01 Jun 2010. MGM Refractories has 6 board changes on record in total.
The registered office of MGM Refractories is at Hanuman Charai Barakardist Burdwan, West Bengal, India – 713324.
MGM Refractories operates in the manufacturing industry, in the construction materials segment.
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