About M J Casting Limited
Data last updated:
M J Casting Limited was a public limited company based in Delhi, India, operated as a subsidiary of Minda Industries Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the auto parts and components segment of the automotive sector. It was incorporated on 23 December 2010.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U28900DL2010PLC211731. Its GSTIN is 06AAGCM9072P1ZR (Haryana). The company held 3 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹88.7 Cr and a paid-up capital of ₹61.19 Cr. It was led by directors including Amit Mehta (Whole-Time Director) and Kundankumar Jha.
Its last annual general meeting (AGM) was held on 25 July 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at B 64/1 Wazirpur Industrial Area, Delhi, India – 110052.
As per the financials filed for FY 2019, the company reported a revenue of ₹316.29 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹18.23 Cr (net margin 5.8%) and EBITDA of ₹48.46 Cr (EBITDA margin 15.3%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years.
As per MCA filings, the company had satisfied charges of ₹42 Cr on record. Court records list 7 cases involving the company, including 4 filed by the company and 3 filed against it. The company has 7 deals on record (3 funding rounds, 3 secondary share transfers, 1 rights issue), with disclosed funding of ₹80.49 Cr; the latest was in May 2019.
The last known website on record is mindagroup.com.
Company details
Contact details
M J Casting Limited's registered office is in Delhi, Delhi. Its website is mindagroup.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressB 64/1 Wazirpur Industrial Area, Delhi, India – 110052
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of M J Casting 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 M J Casting is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of M J Casting Limited, buy the company report.
Financials of M J Casting Limited
FY 2019 filings availableM J Casting Limited reported revenue of ₹316.29 Cr (up 9% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 19% over three years, including 9% growth in the latest year. EBITDA rose 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹316.29 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹48.46 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹18.23 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.3% | ||||
| Net Profit Margin | 5.8% | ||||
| 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 J Casting Limited, buy the company report.
Board of directors and KMP of M J Casting Limited
M J Casting Limited currently reports 5 directors and 1 key managerial person. 17 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kundankumar Jha Also directs: Roki Uno Minda Co. Private Limited | Director | 02 Feb 2017 | 9 Years 9 Months | As last reported |
| Amit Mehta | Whole-Time Director | 22 Jul 2019 | 7 Years 3 Months | As last reported |
| Tarun Kumar Srivastava | Company Secretary | 11 Jun 2019 | 7 Years 4 Months | As last reported |
| Pallak Minda Also directs: Uno Minda Limited, Minda Mindpro Limited, Roki Uno Minda Co. Private Limited and 5 more | Director | 11 May 2018 | 8 Years 5 Months | As last reported |
| Sanjay Jain Also directs: Uno Minda Auto Technologies Private Limited, Uno Minda Auto Innovations Private Limited, Minda Nexgentech Limited and 4 more | Director | 11 May 2016 | 10 Years 5 Months | As last reported |
| Nirmal Kumar Minda Also directs: Uno Minda Limited, Shreeaumji Infrastructure and Projects Private Limited, Uno Mindarika Private Limited and 3 more | Director | 23 Dec 2010 | 15 Years 10 Months | As last reported |
Auditor
M J Casting Limited is audited by R N SARAF & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R N SARAF & CO | FY 2019 | 002023N |
Shareholding
The shareholding of M J Casting Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of M J Casting Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Jul 2012 | 10370357 | Axis Bank Ltd. | ₹42 Cr | Satisfied |
To see the full charge records of M J Casting Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
M J Casting Limited has 7 deals on record (3 funding rounds, 3 secondary share transfers, 1 rights issue), with disclosed funding of ₹80.49 Cr; the latest was in May 2019.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2019 | Rights issue | ₹3.75 Cr | Investors: Uno Minda Limited |
| Mar 2019 | Secondary share transfer | Undisclosed | Seller: Pioneer Finest Limited |
| Jul 2017 | Secondary share transfer | Undisclosed | Buyer: Minda Industries Limited & Dhiraj Aroraa, Minda Industries Limited & Sanjay Jain, Uno Minda Limited Seller: Minda Industries Limited & Anand Swaroop, Minda Industries Limited & Surendera Kumar Arya, Neel Metals Products Limited |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: Uno Minda Limited , Pioneer Finest Limited Seller: Neel Metals Products Limited, Minda Finance Limited |
| Mar 2013 | Funding round | ₹17.81 Cr | Investors: Uno Minda Limited , Neel Metals Products Limited |
To see the full deal history of M J Casting 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 J Casting Limited has 7 court cases on record: 4 filed by M J Casting, 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 3 | 0 |
| High courts | 2 | 0 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Rewari, Haryana | Court case (SUMM) | Filed against the company by an individual | Disposed |
| District court, Rewari, Haryana | Civil suit | Filed against the company by an individual | Disposed |
| District court, New Delhi, Delhi | Civil suit | Filed by the company against JMD Global Forwarders Inc. | Disposed |
| District court, New Delhi, Delhi | Execution petition | Filed by the company against JMD Global Forwarders Inc. | Disposed |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed by the company against individuals | Disposed |
To see the full case history of M J Casting 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.
Credit ratings & regulatory alerts
M J Casting Limited was last rated by Icra on 23 Jul 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 23 Jul 2020 |
To see the full credit ratings and regulatory alerts of M J Casting Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for M J Casting Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
M J Casting has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAGCM9072P1ZR | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of M J Casting Limited, buy the company report.
Recent activity
M J Casting Limited has 21 board changes on record since 2010: 6 appointments and 15 cessations. The latest: Amit Mehta was appointed as Whole-Time Director on 22 Jul 2019.
15 earlier events are in the company report.
News
Frequently asked questions
M J Casting has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
M J Casting was a public limited company based in Delhi, India. The company worked in auto parts and components, within the automotive industry. It was incorporated on 23 December 2010 and is registered under CIN U28900DL2010PLC211731. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
M J Casting was incorporated on 23 December 2010. It is registered with the Registrar of Companies, Delhi.
M J Casting had 6 directors and KMP:
- Amit Mehta - Whole-Time Director
- Kundankumar Jha - Director
- Pallak Minda - Director
- Sanjay Jain - Director
- Nirmal Kumar Minda - Director
- Tarun Kumar Srivastava - Company Secretary
The CIN (Corporate Identification Number) of M J Casting is U28900DL2010PLC211731. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of M J Casting is at B 641 Wazirpur Industrial Area, Delhi, India – 110052.
M J Casting can be reached through the website mindagroup.com. Its registered office is in Delhi, India.
The latest financial statements of M J Casting on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 25 July 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of M J Casting is 06AAGCM9072P1ZR, registered in Haryana. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
M J Casting operated in the automotive industry, in the auto parts and components segment.
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