- Category
- Small (2023-24)
- Udyam number
- UDYAM-UP-01-0058067

M. R. Payal Private Limited
About M. R. Payal Private Limited
Data last updated:
M. R. Payal Private Limited is a private limited company based in Agra, Uttar Pradesh, India. It operates in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 23 October 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U74120UP2012PTC053249. Its GSTIN is 09AAICM2791F1Z8 (Uttar Pradesh).
The company has an authorised share capital of ₹95 Lakh and a paid-up capital of ₹9 Lakh. It is led by directors including Ashok Kumar Gupta and Vinod Kumar Gupta.
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 29/71 72 Jai Shiv Complex Namak Ki Mandi Near Fuwara, Agra, Uttar Pradesh, India – 282003.
As per the financials filed for FY 2024, the company reported a revenue of ₹33.35 Cr, a growth of 67% compared to the previous year. For the same year it recorded a net profit of ₹48.14 Lakh (net margin 1.4%) and EBITDA of ₹1.3 Cr (EBITDA margin 3.9%). Revenue has grown at a compounded annual rate (CAGR) of 73% over three years and 31% over five years.
As per MCA filings, the company has open charges of ₹1.99 Cr on record.
M. R. Payal Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-01-0058067). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of M. R. Payal
Contact details
M. R. Payal Private Limited's registered office is in Agra, Uttar Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address29/71 72 Jai Shiv Complex Namak Ki Mandi Near Fuwara, Agra, Uttar Pradesh, India – 282003
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of M. R. Payal Private 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. R. Payal 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. R. Payal Private Limited, buy the company report.
Financials of M. R. Payal Private Limited
FY 2024 filings availableM. R. Payal Private Limited reported revenue of ₹33.35 Cr (up 67% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 31% over five years, including 67% growth in the latest year. EBITDA rose 63% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹1.3 Cr | ||||
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| Net Profit (PAT) | ₹48.14 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 3.9% | ||||
| Net Profit Margin | 1.4% | ||||
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To see the full financial statements and ratios of M. R. Payal Private Limited, buy the company report.
Board of directors of M. R. Payal Private Limited
M. R. Payal has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashok Kumar Gupta Also directs: A.G. Payal Private Limited | Director | 23 Oct 2012 | 13 Years 11 Months | Current |
| Vinod Kumar Gupta | Director | 23 Oct 2012 | 13 Years 11 Months | Current |
| Asha Rani Gupta | Director | 23 Oct 2012 | 13 Years 11 Months | Current |
Peer comparison
M. R. Payal Private Limited is compared with the 7 companies closest to it by revenue in the Consumer Products industry (Watches and Jewellery Manufacturers), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Minagold Jewels Private Limited | ₹33.53 Cr (FY 2025) | 2.0% | Mumbai, Maharashtra, India | |||
| Sri Navrathna Diamonds Private Limited | ₹33.37 Cr (FY 2025) | 39.0% | Chennai, Tamil Nadu, India | |||
| Auro Diam Exports Private Limited | ₹33.36 Cr (FY 2024) | 16.0% | Ahmedabad, Gujarat, India | |||
| M. R. Payal Private Limitedthis company | ₹33.35 Cr (FY 2024) | ₹48.14 Lakh | 1.4% | 67.0% | Agra, Uttar Pradesh, India | |
| Baijnath Jewels Private Limited | ₹33.33 Cr (FY 2024) | 6.0% | Kanpur, Uttar Pradesh, India | |||
| Jodhamal Kailash Chand Jain Jewellers Private Limited | ₹33.19 Cr (FY 2025) | 29.0% | Uttar Pradesh, India | |||
| Kinu Baba Jewellery ( India) Private Limited | ₹33.13 Cr (FY 2024) | 0.0% | Jaipur, Rajasthan, India | |||
| Khurana Jewellers & Sons Private Limited | ₹33.05 Cr (FY 2025) | 10.0% | New Delhi, Delhi, India |
To see the full peer comparison of M. R. Payal Private Limited, buy the company report.
Auditor
M. R. Payal Private Limited is audited by DINESH K. AGARWAL & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DINESH K. AGARWAL & CO. | FY 2023 | 01166C |
Shareholding
The shareholding of M. R. Payal 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. R. Payal Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Mar 2024 | 100896825 | Hdfc Bank Limited | ₹1.99 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving M. R. Payal Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for M. R. Payal Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
M. R. Payal has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAICM2791F1Z8 | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of M. R. Payal Private Limited, buy the company report.
Recent activity
M. R. Payal Private Limited has 3 board changes on record since 2012: 3 appointments. The latest: Asha Rani Gupta was appointed as Director on 23 Oct 2012.
Frequently asked questions
M. R. Payal is an active private limited company based in Agra, Uttar Pradesh, India. The company works in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 23 October 2012 (14+ years old) and is registered under CIN U74120UP2012PTC053249.
M. R. Payal has 3 current directors:
- Ashok Kumar Gupta - Director
- Vinod Kumar Gupta - Director
- Asha Rani Gupta - Director
The latest financial statements of M. R. Payal 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. R. Payal is 09AAICM2791F1Z8, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of M. R. Payal is U74120UP2012PTC053249. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
M. R. Payal was incorporated on 23 October 2012, making it 14+ years old. It is registered with the Registrar of Companies, Kanpur.
The peers of M. R. Payal by revenue are Minagold Jewels Private Limited, Sri Navrathna Diamonds Private Limited, Auro Diam Exports Private Limited, Baijnath Jewels Private Limited, Jodhamal Kailash Chand Jain Jewellers Private Limited and 2 more, all in the Consumer Products industry (Watches and Jewellery Manufacturers), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities).
Asha Rani Gupta was appointed as Director on 23 Oct 2012. Ashok Kumar Gupta was appointed as Director on 23 Oct 2012. Vinod Kumar Gupta was appointed as Director on 23 Oct 2012.
Yes, M. R. Payal is registered as a small enterprise under Udyam registration (number: UDYAM-UP-01-0058067).
The registered office of M. R. Payal is at 2971 72 Jai Shiv Complex Namak Ki Mandi Near Fuwara, Agra, Uttar Pradesh, India – 282003.
M. R. Payal operates in the consumer goods industry, in the watches and jewelry manufacturing segment.