About Miracle Foils Private Limited
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Miracle Foils Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the metal manufacturing and processing segment of the metals and mining sector. It was incorporated on 28 December 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U27200GJ1989PTC013173. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors Ghanshyam Murari Verma and Pushpendra Kumar Newara.
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 6 Neptune Tower Ashram Road, Ahmedabad, Gujarat, India – 380013.
As per the financials filed for FY 2025, the company reported a revenue of ₹19.81 Lakh, a decline of 15% compared to the previous year. For the same year it recorded a net profit of ₹13.81 Lakh (net margin 69.7%) and EBITDA of ₹19.26 Lakh (EBITDA margin 97.2%). Revenue has declined at a compounded annual rate (CAGR) of 70% over three years and 14% over five years.
The company has about 9 employees on its provident fund (EPFO) records.
Court records list 69 cases involving the company, including 50 filed by the company and 19 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 pgfoils.in.
Company details
Contact details
Miracle Foils Private Limited's registered office is in Ahmedabad, Gujarat. Its website is pgfoils.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address6 Neptune Tower Ashram Road, Ahmedabad, Gujarat, India – 380013
- IndustryMetals and Minerals, Metal Manufacturing & Processing
To see the full contact details of Miracle Foils 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 Miracle Foils is manufacturing. In detail, this covers metal and metal products and electrical equipment, general purpose and special purpose machinery & equipment, transport equipment. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | |
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
Financials of Miracle Foils Private Limited
FY 2025 filings availableMiracle Foils Private Limited reported revenue of ₹19.81 Lakh (down 15% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 14% over five years, including a 15% fall in the latest year. EBITDA fell 16% 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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| EBITDA | ₹19.26 Lakh | ||||
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| Net Profit (PAT) | ₹13.81 Lakh | ||||
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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 | 97.2% | ||||
| Net Profit Margin | 69.7% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Miracle Foils Private Limited, buy the company report.
Board of directors of Miracle Foils Private Limited
Miracle Foils 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 |
|---|---|---|---|---|
| Ghanshyam Murari Verma | Director | 27 Feb 2015 | 11 Years 8 Months | Current |
| Pushpendra Kumar Newara | Director | 27 Feb 2015 | 11 Years 8 Months | Current |
Peer comparison
Miracle Foils Private Limited is compared with the 3 companies closest to it by revenue in the Metals and Minerals industry (Metals), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Akarsh Steels Private Limited | ₹20 Lakh (FY 2024) | 50.0% | Jaipur, Rajasthan, India | |||
| Miracle Foils Private Limitedthis company | ₹19.81 Lakh (FY 2025) | ₹13.81 Lakh | 69.7% | -15.0% | 9 | Ahmedabad, Gujarat, India |
| R.P.A. Metals Private Limited | ₹19.7 Lakh (FY 2025) | 14.0% | New Delhi, Delhi, India | |||
| Agrasen Almet Private Limited | ₹19.69 Lakh (FY 2024) | -85.0% | Rourkela, Odisha, India |
To see the full peer comparison of Miracle Foils Private Limited, buy the company report.
Auditor
Miracle Foils Private Limited is audited by GOPAL AGARWAL & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GOPAL AGARWAL & CO | FY 2021 | 000383C |
Shareholding
The shareholding of Miracle Foils Private Limited is on record for 3 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Miracle Foils Private Limited, buy the company report.
Legal cases
Miracle Foils Private Limited has 69 court cases on record: 50 filed by Miracle Foils, 19 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 69 | 19 | 0 |
Cases on record (5 of 69)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Court case (CRW) | Filed by the company against an individual | Disposed |
| High Court of Rajasthan | Interim or miscellaneous application | Filed by the company against an individual | Disposed |
| High Court | Revision petition | Filed by the company against an individual | Disposed |
| High Court | Revision petition | Filed by the company against an individual | Disposed |
| High Court | Revision petition | Filed by the company against an individual | Disposed |
To see the full case history of Miracle Foils 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 Miracle Foils Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Miracle Foils Private Limited has a workforce of 9 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.
GST
Miracle Foils 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 Miracle Foils Private Limited, buy the company report.
Recent activity
Miracle Foils Private Limited has 6 board changes on record since 2015: 2 appointments and 4 cessations. The latest: Sunil Raj Jain ceased to be Director on 20 Apr 2019.
Frequently asked questions
Miracle Foils is an active private limited company based in Ahmedabad, Gujarat, India. The company works in metal manufacturing and processing, within the metals and minerals industry. It was incorporated on 28 December 1989 (37+ years old) and is registered under CIN U27200GJ1989PTC013173.
Miracle Foils has 2 current directors:
- Ghanshyam Murari Verma - Director
- Pushpendra Kumar Newara - Director
The latest financial statements of Miracle Foils 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.
No. Miracle Foils has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Miracle Foils is U27200GJ1989PTC013173. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Miracle Foils has 69 court cases on record: 50 filed by the company and 19 filed against it.
Miracle Foils was incorporated on 28 December 1989, making it 37+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Miracle Foils by revenue are Akarsh Steels Private Limited, R.P.A. Metals Private Limited, Agrasen Almet Private Limited, all in the Metals and Minerals industry (Metals), with the same principal business activity (metal and metal products).
Sunil Raj Jain ceased to be Director on 20 Apr 2019. Ghanshyam Murari Verma ceased to be Additional Director on 30 Sep 2015. Pushpendra Kumar Newara ceased to be Additional Director on 30 Sep 2015. Miracle Foils has 6 board changes on record in total.
Miracle Foils can be reached through the website pgfoils.in. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Miracle Foils is at 6 Neptune Tower Ashram Road, Ahmedabad, Gujarat, India – 380013.
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