M G Solution Private Limited
About M G Solution Private Limited
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M G Solution Private Limited is a private limited company based in Nashik, Maharashtra, India. It operates in the machinery and equipment segment of the industrial equipment and machinery sector. It was incorporated on 15 June 2023.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U71200MH2023PTC404727.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Madhukar Ananda Gorade and Tushar Madhukar Gorade.
Its last annual general meeting (AGM) was held on 28 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Nashik, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.16 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹20.79 Lakh (net margin 17.9%) and EBITDA of ₹20.79 Lakh (EBITDA margin 17.9%).
Court records list 6 cases involving the company, including 6 filed by the company.
Company details
Contact details
M G Solution Private Limited's registered office is in Nashik, Maharashtra.
- Registered AddressThe Hub Plot No. 52/53, Off No B 403 The Business, Nashik, Maharashtra, India – 422005
- IndustryEquipment & Machinery, Machinery & Equipment, Renting
- 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 M G Solution is financial and insurance activities. In detail, this covers financial service activities, except insurance and pension funding.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 64 | Financial service activities, except insurance and pension funding |
To see the full business activity and turnover split of M G Solution Private Limited, buy the company report.
Financials of M G Solution Private Limited
FY 2025 filings availableM G Solution Private Limited reported revenue of ₹1.16 Cr (up 802% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 802% in the latest year. EBITDA rose 626% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹20.79 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹20.79 Lakh | |
| 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 2024-25 | FY 2023-24 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 17.9% | |
| Net Profit Margin | 17.9% | |
| 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 | ||
To see the full financial statements and ratios of M G Solution Private Limited, buy the company report.
Board of directors of M G Solution Private Limited
M G Solution has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Madhukar Ananda Gorade Also directs: Sumago Infotech Private Limited | Director | 15 Jun 2023 | 3 Years 4 Months | Current |
| Tushar Madhukar Gorade | Director | 15 Jun 2023 | 3 Years 4 Months | Current |
Legal cases
M G Solution Private Limited has 6 court cases on record: 6 filed by M G Solution. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 0 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, East, Delhi | Court case (Civ Suit) | Filed by the company against Ms Ahluwalia Contractors India Ltd | Disposed |
| District court, East, Delhi | Court case (Civ Suit) | Filed by the company against The Indure Pvt Ltd | Disposed |
| District court, East, Delhi | Court case (Civ Suit) | Filed by the company against Ms Seighteen Elctricals Pvt. Ltd. | Disposed |
| District court, East, Delhi | Court case (Civ Suit) | Filed by the company against an individual | Disposed |
| District court, East, Delhi | Court case (Civ Suit) | Filed by the company against an individual | Disposed |
To see the full case history of M G Solution 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 M G Solution Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for M G Solution Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
M G Solution Private Limited has 2 board changes on record since 2023: 2 appointments. The latest: Madhukar Ananda Gorade was appointed as Director on 15 Jun 2023.
Frequently asked questions
M G Solution is an active private limited company based in Nashik, Maharashtra, India. The company works in machinery and equipment, within the equipment and machinery industry. It was incorporated on 15 June 2023 (3+ years old) and is registered under CIN U71200MH2023PTC404727.
M G Solution has 2 current directors:
- Madhukar Ananda Gorade - Director
- Tushar Madhukar Gorade - Director
The latest financial statements of M G Solution on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 28 September 2025. Year-wise statements from FY 2024 are in the company report.
The CIN (Corporate Identification Number) of M G Solution is U71200MH2023PTC404727. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
M G Solution has 6 court cases on record: 6 filed by the company.
M G Solution was incorporated on 15 June 2023, making it 3+ years old. It is registered with the Registrar of Companies, Mumbai.
Madhukar Ananda Gorade was appointed as Director on 15 Jun 2023. Tushar Madhukar Gorade was appointed as Director on 15 Jun 2023.
The registered office of M G Solution is at The Hub Plot No. 5253, Off No B 403 The Business, Nashik, Maharashtra, India – 422005.
M G Solution operates in the equipment and machinery industry, in the machinery and equipment segment.
M G Solution can be reached at its registered office: The Hub Plot No. 5253, Off No B 403 The Business, Nashik, Maharashtra, India – 422005.
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