M G Contractors Private Limited

M G Contractors Private Limited - infrastructure and utilities in New Delhi, Delhi, India. FY 2026 financials & compliance.
CIN U70101DL1997PTC091013 Incorporated 05 December 1997 ROC Delhi HQ New Delhi, Delhi, India
Active Private Limited Company infrastructure and utilities
Data last updated
Revenue · FY 2025
₹1,741.98 Cr
▲ 14% YoY
Net profit · FY 2025
₹133.7 Cr
Net margin 7.7%
EBITDA · FY 2025
₹266.78 Cr
EBITDA margin 15.3%
Authorised capital
₹15 Cr
Registered with MCA
Paid-up capital
₹14.84 Cr
Issued & subscribed
Open charges
₹1,279.18 Cr
Satisfied ₹1,656.96 Cr
Company age
29 yrs
Est. 1997
Employees · EPFO
1,498
Provident fund records

About M G Contractors Private Limited

Data last updated:

M G Contractors Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the road and bridge construction segment of the infrastructure and utilities sector. It was incorporated on 05 December 1997 and has been in existence for over 29 years.

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U70101DL1997PTC091013. Its GSTIN is 07AAACM9786A1ZD (Delhi). The company holds 20 GST registrations, of which 12 are active.

The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹14.84 Cr. It is led by directors including Atul Kumar Garg (Managing Director) and Udit Mittal.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 603 Ring Road Mall Near Deepali Chowk, New Delhi, Delhi, India – 110085.

As per the financials filed for FY 2025, the company reported a revenue of ₹1,741.98 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹133.7 Cr (net margin 7.7%) and EBITDA of ₹266.78 Cr (EBITDA margin 15.3%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 9% over five years.

The company has about 1,498 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.

The company is associated with 1 brand: MGCPL. As per MCA filings, the company has open charges of ₹1,279.18 Cr and satisfied charges of ₹1,656.96 Cr on record. Court records list 172 cases involving the company, including 100 filed by the company and 72 filed against it; 20 cases are pending. The company has 16 deals on record (12 secondary share transfers, 4 funding rounds), with disclosed funding of ₹14.96 Cr; the latest was in November 2023. Its 8 peer companies in the Infrastructure industry (Roads and Bridges), with the same principal business activity (roads, railways, utility projects) are compared by revenue, 4 larger and 4 smaller; the largest is Rajasthan State Road Development and Construction Corporation Limited with revenue of ₹1,984.75 Cr. The company has 3 MSME Form 1 returns on record between 2019 and 2020, listing 32 overdue payments to 17 micro and small suppliers.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mgcpl.com.

Company details

CIN U70101DL1997PTC091013
Registration Number 091013
Incorporation Date 05 December 1997
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant

Contact details

M G Contractors Private Limited's registered office is in New Delhi, Delhi. Its website is mgcpl.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
  • Registered Address
    603 Ring Road Mall Near Deepali Chowk, New Delhi, Delhi, India – 110085
  • Industry
    Infrastructure and Utilities, Road & Bridge Construction

To see the full contact details of M G Contractors Private Limited, buy the company report.

Comprehensive company report
M G Contractors 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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Brands

M G Contractors operates one associated brand: MGCPL. Each brand links to its own profile.

BrandDescriptionWebsite
Construction services for roads, bridges, and railways in the government sector.mgcpl.com

Business activity

The main business activity of M G Contractors is construction. In detail, this covers roads, railways, utility projects.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
FConstructionF2Roads, railways, Utility projects

To see the full business activity and turnover split of M G Contractors Private Limited, buy the company report.

Financials of M G Contractors Private Limited

FY 2024 filings available

M G Contractors Private Limited reported revenue of ₹1,741.98 Cr (up 14% YoY) for FY 2025.

Revenue · FY 2025
₹1,741.98 Cr ▲ 14%
Net profit · FY 2025
₹133.7 Cr margin 7.7%
EBITDA · FY 2025
₹266.78 Cr margin 15.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 14%
3 years · compounded
▲ 22%
5 years · compounded
▲ 9%
EBITDA CAGR growth
1 year
▲ 5%
3 years · compounded
▲ 18%
5 years · compounded
▲ 5%

Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 14% growth in the latest year. EBITDA rose 5% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹266.78 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹133.7 Cr
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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin15.3%
Net Profit Margin7.7%
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 Contractors Private Limited, buy the company report.

Board of directors of M G Contractors Private Limited

M G Contractors has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Udit MittalDirector16 Jan 200521 Years 9 MonthsCurrent
Atul Kumar GargManaging Director05 Dec 199728 Years 10 MonthsCurrent
Lokesh MittalDirector16 Jan 200521 Years 9 MonthsCurrent
Kailash Chand MittalDirector05 Dec 199728 Years 10 MonthsCurrent

Peer comparison

M G Contractors Private Limited is compared with the 8 companies closest to it by revenue in the Infrastructure industry (Roads and Bridges), with the same principal business activity (roads, railways, utility projects), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Rajasthan State Road Development and Construction Corporation Limited₹1,984.75 Cr (FY 2023)77.0%Jaipur, Rajasthan, India
CDS Infra Projects Limited₹1,960.38 Cr (FY 2025)-13.0%New Delhi, Delhi, India
Kaluwala Construction Private Limited₹1,916.38 Cr (FY 2025)48.0%Gurugram, Haryana, India
Kalyan Toll Infrastructure Limited₹1,770.81 Cr (FY 2025)14.0%Indore, Madhya Pradesh, India
M G Contractors Private Limitedthis company₹1,741.98 Cr (FY 2025)₹133.7 Cr7.7%14.0%1,498New Delhi, Delhi, India
Irb MP Expressway Private Limited₹1,735.34 Cr (FY 2025)2.0%Mumbai, Maharashtra, India
S&P Infrastructure Developers Private Limited₹1,633.16 Cr (FY 2024)121.0%New Delhi, Delhi, India
Uttar Pradesh State Bridge Corpn Limited₹1,619.03 Cr (FY 2020)11.0%Uttar Pradesh, India
Roadway Solutions India Infra Limited₹1,426.13 Cr (FY 2025)4.0%Pune, Maharashtra, India

To see the full peer comparison of M G Contractors Private Limited, buy the company report.

Auditor

M G Contractors Private Limited is audited by Kumar Anil & Associates for the financial year 2022.

Auditor firmFinancial yearFirm registration number
Kumar Anil & AssociatesFY 2022019673C

Shareholding

The shareholding of M G Contractors 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of M G Contractors Private Limited, buy the company report.

Charges & borrowings

Open charges
₹1,279.18 Cr
Satisfied charges
₹1,656.96 Cr
Breakdown by lending institutions
State Bank of India₹880.00 Cr
Others₹379.13 Cr
Hdfc Bank Limited₹11.01 Cr
Axis Bank Limited₹5.99 Cr
Tata Capital Financial Services Limited₹3.05 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
28 Feb 2024100886735Axis Bank Limited₹1.23 CrOpen
24 Jan 2024100865798Others₹10.1 CrOpen
24 Jan 2024100855200Hdfc Bank Limited₹52.2 LakhOpen
20 Jan 2024100852238Axis Bank Limited₹2.98 CrOpen
09 Oct 2023100801326Axis Bank Limited₹1.36 CrOpen

To see the full charge records of M G Contractors Private Limited, buy the company report.

Total charge records: 262 View all charges

Deals & funding

M G Contractors Private Limited has 16 deals on record (12 secondary share transfers, 4 funding rounds), with disclosed funding of ₹14.96 Cr; the latest was in November 2023.

Total deals
16
Secondary share transfers
12
Funding rounds
4
Disclosed funding
₹14.96 Cr

Deals on record (5 of 16)

WhenDealAmountParties
Nov 2023Secondary share transferUndisclosedBuyer: 3 individuals
Seller: Udit Mittal HUF, Lokesh Mittal HUF, Atul Kumar Garg HUF
Sep 2023Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Jun 2023Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Jun 2023Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
May 2023Secondary share transferUndisclosedBuyer: an individual
Seller: an individual

To see the full deal history of M G Contractors Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

M G Contractors Private Limited was last rated by Icra on 11 Jun 2021.

Rating agencyRated onRating
Icra11 Jun 2021

To see the full credit ratings and regulatory alerts of M G Contractors Private Limited, buy the company report.

MSME payment delays

M G Contractors Private Limited has 3 MSME Form 1 returns on record between 2019 and 2020, listing 32 overdue payments to 17 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 (5 of 17)

SupplierAmount dueDue sinceReported on
an individual supplier
an individual supplier
Molecules Conchem Private Limited
Eyesline Telematics Private Limited
an individual supplier

To see the full MSME payment records of M G Contractors Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Group structure & subsidiaries

M G Contractors has 2 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

2
Subsidiary companies
Key subsidiaries
Company NameCINShares held
M G Petrochem Private LimitedU24110DL2021PTC376698
M G Banshidhar Private LimitedU45309DL2022PTC399697

To see the full group structure of M G Contractors Private Limited, buy the company report.

Employees & EPFO

M G Contractors Private Limited has a workforce of 1,498 employees on its EPFO records as of Mar 20, 2024, across 1 active EPFO establishment.

Employee count
1,498
Active EPFO establishments
1
Employee growth
-6.84%

GST

M G Contractors has 20 GST registrations: 12 active and 8 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
20
Active
12
Cancelled / inactive
8
GSTINStateStatusRegistered on
07AAACM9786A1ZDDelhiActive01 Jul 2017
02AAACM9786A1ZNHimachal PradeshActive01 Jul 2017
03AAACM9786A1ZLPunjabActive01 Jul 2017
05AAACM9786A1ZHUttarakhandActive01 Jul 2017

To see the full GST registrations and return filing status of M G Contractors Private Limited, buy the company report.

Recent activity

M G Contractors Private Limited has 7 board changes on record since 1997: 4 appointments and 3 cessations. The latest: Lokesh Mittal ceased to be Director on 10 Aug 2025.

Charges
A charge registered on 30 Sep 2023 via Charge ID 100810859 with Others was fully satisfied on 27 Oct 2025.
Charges
A charge registered on 28 Sep 2023 via Charge ID 100792397 with Axis Bank Limited was fully satisfied on 17 Oct 2025.
AGM
M G Contractors Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Lokesh Mittal ceased to be Director.
Ceased
Udit Mittal ceased to be Director.
Charges
A charge registered on 11 Oct 2021 via Charge ID 100499123 with Hdfc Bank Limited was fully satisfied on 17 Feb 2025.
Charges
A charge registered on 26 Oct 2021 via Charge ID 100499274 with Hdfc Bank Limited was fully satisfied on 03 Feb 2025.
Charges
A charge registered on 08 Oct 2021 via Charge ID 100499288 with Hdfc Bank Limited was fully satisfied on 03 Feb 2025.
Charges
A charge registered on 08 Apr 2024 via Charge ID 100911337 with Others was fully satisfied on 02 Dec 2024.
Charges
A charge with State Bank Of India of Rs. 880.00 Cr registered on 01 Jun 2016 with Charge ID 100043073 was modified on 27 Nov 2024.
Charges
A charge registered on 29 Sep 2021 via Charge ID 100504971 with Hdfc Bank Limited was fully satisfied on 14 Nov 2024.
Charges
A charge registered on 29 Sep 2021 via Charge ID 100499192 with Hdfc Bank Limited was fully satisfied on 14 Nov 2024.

524 earlier events are in the company report.

Frequently asked questions

M G Contractors is an active private limited company based in New Delhi, Delhi, India. The company works in road and bridge construction, within the infrastructure and utilities industry. It was incorporated on 05 December 1997 (29+ years old) and is registered under CIN U70101DL1997PTC091013.

M G Contractors has 4 current directors:

The latest financial statements of M G Contractors on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of M G Contractors is 07AAACM9786A1ZD, registered in Delhi. The company has 20 GST registrations in all, of which 12 are active and 8 are cancelled or inactive. Other active GSTINs include 02AAACM9786A1ZN (Himachal Pradesh), 03AAACM9786A1ZL (Punjab), 05AAACM9786A1ZH (Uttarakhand).

The CIN (Corporate Identification Number) of M G Contractors is U70101DL1997PTC091013. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

M G Contractors has 172 court cases on record: 100 filed by the company and 72 filed against it. 20 are pending. Most are in the high courts.

M G Contractors was incorporated on 05 December 1997, making it 29+ years old. It is registered with the Registrar of Companies, Delhi.

M G Contractors has 16 deals on record (12 secondary share transfers, 4 funding rounds), with disclosed funding of ₹14.96 Cr; the latest was in November 2023.

The peers of M G Contractors by revenue are Rajasthan State Road Development and Construction Corporation Limited, CDS Infra Projects Limited, Kaluwala Construction Private Limited, Kalyan Toll Infrastructure Limited, Irb MP Expressway Private Limited and 3 more, all in the Infrastructure industry (Roads and Bridges), with the same principal business activity (roads, railways, utility projects).

Lokesh Mittal ceased to be Director on 10 Aug 2025. Udit Mittal ceased to be Director on 10 Aug 2025. Atul Kumar Garg ceased to be Director on 31 Aug 2016. M G Contractors has 7 board changes on record in total.

M G Contractors has 3 MSME Form 1 returns on record between 2019 and 2020, listing 32 overdue payments to 17 micro and small suppliers. The latest return was filed on 10 Mar 2021.

M G Contractors can be reached through the website mgcpl.com. Its registered office is in New Delhi, Delhi, India.