MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-PB-20-0006797
M. G. Bakers Private Limited - travel and hospitality in Mohali, Punjab, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹180.03 Cr
▲ 17% YoY
Net profit · FY 2025
₹8.62 Cr
Net margin 4.8%
EBITDA · FY 2025
₹26.84 Cr
EBITDA margin 14.9%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹19.04 Lakh
Issued & subscribed
Open charges
₹124.69 Cr
Satisfied ₹41.01 Cr
Company age
19 yrs
Est. 2007
Employees · EPFO
1,013
Provident fund records
About M. G. Bakers Private Limited
Data last updated:
M. G. Bakers Private Limited is a private limited company based in Mohali, Punjab, India. It operates in the restaurants and dining services segment of the travel and hospitality sector. It was incorporated on 05 April 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U15410PB2007PTC054245. Its GSTIN is 03AAFCM0280N1ZI (Punjab). The company holds 9 GST registrations, of which 8 are active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹19.04 Lakh. It is led by directors including Vinod Mittal (Managing Director) and Nittin Mittal (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at B – 29 Industrial Area Phase – 3 S.A.S. Nagar, Mohali, Punjab, India – 160055.
As per the financials filed for FY 2025, the company reported a revenue of ₹180.03 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹8.62 Cr (net margin 4.8%) and EBITDA of ₹26.84 Cr (EBITDA margin 14.9%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 18% over five years.
The company has about 1,013 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Nik Baker's. As per MCA filings, the company has open charges of ₹124.69 Cr and satisfied charges of ₹41.01 Cr on record. Court records list 22 cases involving the company, including 10 filed by the company and 12 filed against it; 18 cases are pending. The company has 9 deals on record (5 secondary share transfers, 3 funding rounds, 1 acquisition), with disclosed funding of ₹74.5 Lakh; the latest was in March 2021. Its 7 peer companies in the Consumer Services industry (Confectionery and Bakery Products, Restaurants), with the same principal business activity (food, beverages and tobacco products) are compared by revenue, 4 larger and 3 smaller; the largest is Avadh Snacks Private Limited with revenue of ₹184.04 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 3 overdue payments to 3 micro and small suppliers.
M. G. Bakers Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-20-0006797). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nikbakers.com.
Company details
CIN U15410PB2007PTC054245
Registration Number 054245
Incorporation Date 05 April 2007
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-PB-20-0006797
CIN history
M. G. Bakers has one previous CIN (Corporate Identification Number): U15410CH2007PTC030768. The current CIN is U15410PB2007PTC054245, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U15410PB2007PTC054245 | Current |
| U15410CH2007PTC030768 | Previous |
Key People
Vinod Mittal Managing Director Nittin Mittal Whole-Time Director Nikhil Mittal Whole-Time Director Recognitions & Rankings of M. G. Bakers
Contact details
M. G. Bakers Private Limited's registered office is in Mohali, Punjab. Its website is nikbakers.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressB – 29 Industrial Area Phase – 3 S.A.S. Nagar, Mohali, Punjab, India – 160055
- IndustryTravel and Hospitality, Restaurants & Dining Services
To see the full contact details of M. G. Bakers Private Limited, buy the company report.
Comprehensive company report
M. G. Bakers Private Limited - one report that includes everything
- 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
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Secure checkout · GST invoice included
Brands
M. G. Bakers operates one associated brand: Nik Baker's. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Chocolates, cakes, cookies, and bakery products are manufactured. | nikbakers.com |
Business activity
The main business activity of M. G. Bakers is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products |
To see the full business activity and turnover split of M. G. Bakers Private Limited, buy the company report.
Financials of M. G. Bakers Private Limited
FY 2024 filings availableM. G. Bakers Private Limited reported revenue of ₹180.03 Cr (up 17% YoY) for FY 2025.
Revenue · FY 2025
₹180.03 Cr ▲ 17%
Net profit · FY 2025
₹8.62 Cr margin 4.8%
EBITDA · FY 2025
₹26.84 Cr margin 14.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 17%
3 years · compounded
▲ 18%
5 years · compounded
▲ 18%
EBITDA CAGR growth
1 year
▲ 24%
3 years · compounded
▼ 5%
5 years · compounded
▲ 8%
Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 17% growth in the latest year. EBITDA rose 24% 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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| Total Expenses | |||||
| EBITDA | ₹26.84 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹8.62 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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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 | 14.9% | ||||
| Net Profit Margin | 4.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of M. G. Bakers Private Limited, buy the company report.
Board of directors of M. G. Bakers Private Limited
M. G. Bakers has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nittin Mittal | Whole-Time Director | 05 Apr 2007 | 19 Years 6 Months | Current |
| Vinod Mittal | Managing Director | 05 Apr 2007 | 19 Years 6 Months | Current |
| Nikhil Mittal | Whole-Time Director | 05 Apr 2007 | 19 Years 6 Months | Current |
Peer comparison
M. G. Bakers Private Limited is compared with the 7 companies closest to it by revenue in the Consumer Services industry (Confectionery and Bakery Products, Restaurants), with the same principal business activity (food, beverages and tobacco products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Avadh Snacks Private Limited | ₹184.04 Cr (FY 2022) | 8.0% | Nikava, Gujarat, India | |||
| Bauli India Bakes & Sweets Private Limited | ₹184.04 Cr (FY 2025) | 21.0% | Baramati, Maharashtra, India | |||
| Shree Ganesh Bakery Nandani Private Limited | ₹182.75 Cr (FY 2025) | 9.0% | Nandini, Maharashtra, India | |||
| Mahavir Namkeens Private Limited | ₹182.21 Cr (FY 2025) | 10.0% | Surat, Gujarat, India | |||
| M. G. Bakers Private Limitedthis company | ₹180.03 Cr (FY 2025) | ₹8.62 Cr | 4.8% | 17.0% | 1,013 | Mohali, Punjab, India |
| Surya Biscuit Industries Private Limited | ₹178.63 Cr (FY 2025) | 23.0% | Delhi, India | |||
| SWG Consumer Care Private Limited | ₹177.39 Cr (FY 2025) | 10.0% | Hyderabad, Telangana, India | |||
| Pladis India Private Limited | ₹175.73 Cr (FY 2022) | -6.0% | Gurgaon, Haryana, India |
To see the full peer comparison of M. G. Bakers Private Limited, buy the company report.
Auditor
M. G. Bakers Private Limited is audited by P.K.VASUDEVA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P.K.VASUDEVA & CO. | FY 2023 | 000724N |
Shareholding
The shareholding of M. G. Bakers 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 M. G. Bakers Private Limited, buy the company report.
Charges & borrowings
Open charges
₹124.69 Cr
Satisfied charges
₹41.01 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Oct 2025 | 101173011 | Others | ₹3.56 Cr | Open | |
| 20 May 2025 | 101096625 | Others | ₹2.62 Cr | Open | |
| 03 Dec 2024 | 101017449 | Hdfc Bank Limited | ₹2.7 Cr | Open | |
| 07 Nov 2024 | 101005047 | Axis Bank Limited | ₹62.82 Cr | Open | |
| 30 May 2023 | 100728251 | Hdfc Bank Limited | ₹1.59 Cr | Open |
To see the full charge records of M. G. Bakers Private Limited, buy the company report.
Total charge records: 31 View all charges
Deals & funding
M. G. Bakers Private Limited has 9 deals on record (5 secondary share transfers, 3 funding rounds, 1 acquisition), with disclosed funding of ₹74.5 Lakh; the latest was in March 2021.
Total deals
9
Secondary share transfers
5
Funding rounds
3
Acquisition
1
Disclosed funding
₹74.5 Lakh
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Feb 2019 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: an individual |
| Mar 2015 | Funding round | ₹45.5 Lakh | Investors: an individual |
| Dec 2014 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 4 individuals |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of M. G. Bakers Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
M. G. Bakers Private Limited has 22 court cases on record: 10 filed by M. G. Bakers, 12 filed against it. 18 cases are pending and 4 are disposed.
Total cases
22
Filed by the company
10
Filed against the company
12
Pending
18
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 14 | 11 | 11 |
| High courts | 8 | 1 | 7 |
Cases on record (5 of 22)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Punjab and Haryana | Revision petition | Filed by the company against M/S Mark Software Systems Private Limited | Pending |
| District court, Chandigarh | Court case (RC or ARC) | Filed against the company by M/S Mark Software Systems Pvt Ltd | Pending |
| District court, Chandigarh | Court case (CS CJ) | Filed against the company by an individual | Pending |
| District court, Kathua, Jammu and Kashmir | Court case (CLAIM CASES) | Filed against the company | Pending |
| District court, Central, Delhi | Civil suit | Filed against the company by State | Pending |
To see the full case history of M. G. Bakers 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
M. G. Bakers Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 3 overdue payments to 3 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Uflex Limited |
To see the full MSME payment records of M. G. Bakers Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
M. G. Bakers Private Limited has a workforce of 1,013 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
Employee count
1,013
Active EPFO establishments
1
Employee growth
46.39%
GST
M. G. Bakers has 9 GST registrations: 8 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
9
Active
8
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAFCM0280N1ZI | Punjab | Active | 01 Jul 2017 |
| 03AAFCM0280N2ZH | Punjab | Active | 28 May 2019 |
| 06AAFCM0280N1ZC | Haryana | Active | 01 Jul 2017 |
| 07AAFCM0280N1ZA | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of M. G. Bakers Private Limited, buy the company report.
Recent activity
M. G. Bakers Private Limited has 7 board changes on record since 2007: 3 appointments and 4 cessations. The latest: Vinod Mittal ceased to be Director on 01 Feb 2012.
Charges
A charge registered on 09 Sep 2024 via Charge ID 100985991 with Hdfc Bank Limited was fully satisfied on 27 Nov 2025.
Charges
A charge with Axis Bank Limited of Rs. 6,282.00 Lakh registered on 07 Nov 2024 with Charge ID 101005047 was modified on 20 Nov 2025.
Charges
A charge with Others amounted to Rs. 356.00 Lakh with Charge ID 101173011 was registered on 28 Oct 2025.
Charges
A charge with Others amounted to Rs. 262.00 Lakh with Charge ID 101096625 was registered on 20 May 2025.
Charges
A charge registered on 28 Jul 2023 via Charge ID 100756561 with Others was fully satisfied on 10 Mar 2025.
Charges
A charge registered on 18 Jan 2023 via Charge ID 100672660 with Others was fully satisfied on 05 Dec 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 270.00 Lakh with Charge ID 101017449 was registered on 03 Dec 2024.
Charges
A charge with Axis Bank Limited amounted to Rs. 6,282.00 Lakh with Charge ID 101005047 was registered on 07 Nov 2024.
AGM
M. G. Bakers Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 920.00 Lakh with Charge ID 100985991 was registered on 09 Sep 2024.
Filing
M. G. Bakers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.
Charges
A charge with Hdfc Bank Limited of Rs. 3,700.00 Lakh registered on 31 May 2017 with Charge ID 100107375 was modified on 01 Aug 2023.
59 earlier events are in the company report.
Frequently asked questions
M. G. Bakers is an active private limited company based in Mohali, Punjab, India. The company works in restaurants and dining services, within the travel and hospitality industry. It was incorporated on 05 April 2007 (19+ years old) and is registered under CIN U15410PB2007PTC054245.
M. G. Bakers has 3 current directors:
- Vinod Mittal - Managing Director
- Nittin Mittal - Whole-Time Director
- Nikhil Mittal - Whole-Time Director
The latest financial statements of M. G. Bakers on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of M. G. Bakers is 03AAFCM0280N1ZI, registered in Punjab. The company has 9 GST registrations in all, of which 8 are active and 1 is cancelled or inactive. Other active GSTINs include 03AAFCM0280N2ZH (Punjab), 06AAFCM0280N1ZC (Haryana), 07AAFCM0280N1ZA (Delhi).
The CIN (Corporate Identification Number) of M. G. Bakers is U15410PB2007PTC054245. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
M. G. Bakers has 22 court cases on record: 10 filed by the company and 12 filed against it. 18 are pending. Most are in the district courts.
M. G. Bakers was incorporated on 05 April 2007, making it 19+ years old. It is registered with the Registrar of Companies, Chandigarh.
M. G. Bakers has 9 deals on record (5 secondary share transfers, 3 funding rounds, 1 acquisition), with disclosed funding of ₹74.5 Lakh; the latest was in March 2021.
The peers of M. G. Bakers by revenue are Avadh Snacks Private Limited, Bauli India Bakes & Sweets Private Limited, Shree Ganesh Bakery Nandani Private Limited, Mahavir Namkeens Private Limited, Surya Biscuit Industries Private Limited and 2 more, all in the Consumer Services industry (Confectionery and Bakery Products, Restaurants), with the same principal business activity (food, beverages and tobacco products).
Vinod Mittal ceased to be Director on 01 Feb 2012. Ankit Gupta ceased to be Director on 10 Sep 2011. Nikhil Mittal ceased to be Director on 01 Oct 2009. M. G. Bakers has 7 board changes on record in total.
Yes, M. G. Bakers is registered as a medium enterprise under Udyam registration (number: UDYAM-PB-20-0006797).
M. G. Bakers has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 3 overdue payments to 3 micro and small suppliers. The latest return was filed on 30 Apr 2024.