About MG Retails
MG Retails is a company based in Delhi (India) founded in 2019. It operates as a B2B. MG Retails operates in a competitive market with competitors including Gokaldas Exports, Shahi, Cupid, Eastman Exports and Radhamani Group, among others.
- Headquarter Delhi, India
- SectorsIndustrial Goods & Manufacturing
- Email••••••••
- Website mgretails.com
- Legal Name Mg Retails Private Limited
- Date of Incorporation 29 Jul, 2019
- Jurisdiction Delhi, India
- Annual Revenue₹0.36 Cr
FY 2025 · -52% YoY
- Net Loss-₹0.02 Cr
FY 2025 · -6% margin
- EBITDA-₹0.01 Cr
FY 2025 · -2% margin
Associated legal entities of MG Retails
MG Retails operates through Mg Retails Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Mg Retails Private Limited CIN U52190DL2019PTC353164 | Active | 29 Jul 2019 | Delhi, Delhi | ₹0.4 Cr | – | 3 | View details |
Board of directors of Mg Retails Private Limited (MG Retails)
Mg Retails Private Limited is the primary company behind MG Retails. The board of Mg Retails Private Limited currently have 3 directors; the longest-serving is Mohd Waqar Choudhary, appointed in 2019. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Mohd Waqar Choudhary DIN 05269041 | Director | 09 Sep 2019 | 7 yrs | Mg Retails Private Limited |
| Aqib Javed Khan DIN 08061780 | Director | 28 Mar 2022 | 4 yrs 6 mo | Mg Retails Private Limited |
| Chotey Lal Gupta DIN 02580468 | Director | 03 Jul 2025 | 1 yr 3 mo | Mg Retails Private Limited |
Financials of MG Retails
Figures of Mg Retails Private Limited, the primary company behind MG Retails, for FY 2025. Revenue was ₹0.36 Cr (-52% year on year). Net loss was -₹0.02 Cr (-6% margin). EBITDA was -₹0.01 Cr (-2% margin). Revenue has grown at a compounded annual rate of -38% over three years and +17% over five years.
- ₹0.36 CrRevenue · FY 2025 · -52% YoY
- -₹0.02 CrNet loss · -6% margin
- -₹0.01 CrEBITDA · -2% margin
- ₹0.50 CrPaid-up capital
- -38%Revenue CAGR, 3 years
- +17%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Mg Retails Private Limited are on its company page.
Detailed financial statements for MG Retails
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- Statement rows
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Competitors of MG Retails
MG Retails operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Gokaldas Exports, Shahi, Cupid, Eastman Exports and Radhamani Group, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| gokaldasexports.com | 1979 | Bengaluru, India | – | 7,111 | Apparel and clothing are manufactured and exported on contract. | |
| shahi.co.in | 1974 | Faridabad, India | $18.6M | 27,538 | Garments are contract-manufactured by Shahi in apparel production. | |
| cupidlimited.com | 1993 | Nashik, India | – | 224 | Contract manufacturer of male & female condoms | |
| eastmanexports.com | 2003 | Tiruppur, India | $58.0M | 4,956 | Apparel products are manufactured under contract in India. | |
| radhamanigroup.com | 2008 | Bengaluru, India | $24.3M | 2,796 | Sustainable garment manufacturing solutions are provided comprehensively. | |
| brandconcepts.in | 2007 | Indore, India | – | 617 | Contract manufacturing of bags, belts, wallets, and accessories is conducted. | |
| gokaldas.com | 1979 | Bengaluru, India | $73.7M | 439 | Gokaldas Images is recognized as a pioneer in Indian apparel manufacturing. | |
| saplind.com | 2001 | Mumbai, India | – | 26 | Offers product development and manufacturing services to business customers in India. | |
| barcelonaclub.in | 2015 | Ahmedabad, India | – | 26 | Men's wear is contract-manufactured by Barcelona Club in India. |
Detailed competitors of MG Retails
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- Full competitor set
- Operating metrics
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Verified entity values are shown only after access is granted.
Similar companies to MG Retails
10 companies that operate in the same segment as MG Retails (Textile & Yarn Production), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Manufacturer of regenerated nylon yarn and polymers for textiles and plastics | 1965 | Arco, Trentino-alto Adige, Italy | USD 171.28 M | USD 611.99 M | 2,490 | |
Bicycle manufacturing, sales, and accessory services in India. | 1956 | Gurugram, Haryana, India | – | USD 246.88 M | 2,472 | |
Fabrics, synthetic yarns, viscose, chemicals, and linen products are manufactured. | 1947 | Ujjain, Madhya Pradesh, India | – | USD 18.65 B | 47,020 | |
Home textile products are manufactured, retailed, and distributed globally. | 1985 | Bengaluru, Karnataka, India | – | USD 253.24 M | 8,060 | |
Yarns, threads, and craft accessories are manufactured by DMC. | 1746 | Edison, New Jersey, United States | – | – | – | |
CIEL is a Mauritian conglomerate operating in multiple sectors. | 1912 | Ebene, Plaines Wilhems, Mauritius | USD 38.43 M | – | – | |
GHCL Textiles Limited is a leading manufacturer and supplier of yarns, including open-end yarns, ring-spun cotton yarns, blend ring-spun yarns, and... | 1927 | Noida, Uttar Pradesh, India | – | USD 139.52 M | 3,050 | |
Conglomerate having interest in Manufacturing, Finance, Fashion and Telecom. | 1956 | Mumbai, Maharashtra, India | – | USD 15.45 B | 23,055 | |
Industrial thread is manufactured by Coats for global industries. | 1755 | Uxbridge, Greater London, United Kingdom | – | USD 1.49 B | – | |
Textile yarns are manufactured and exported by Sanathan. | 2006 | Mumbai, Maharashtra, India | – | USD 405.87 M | 1,430 |
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Frequently Asked Questions about MG Retails
MG Retails was founded in 2019.
MG Retails is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
The primary company behind MG Retails, Mg Retails Private Limited, reported revenue of ₹0.36 Cr for FY 2025, down 52% year on year.
MG Retails serves as a contract manufacturer specializing in garments, focusing on producing manufactured goods, textiles, garment production, and contract manufacturing. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets. It continues to evolve, meeting industry challenges with strategic approaches.
MG Retails's top competitors include Gokaldas Exports, Radhamani Group and Brand Concepts.
MG Retails operates through Mg Retails Private Limited.
The legal entities of MG Retails currently have 3 directors, including Mohd Waqar Choudhary, Chotey Lal Gupta, Aqib Javed Khan.