About Mangal Industries Limited
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Mangal Industries Limited is a public limited company based in Tirupati, Andhra Pradesh, India, a subsidiary of Rngalla Family Private Limited. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 09 November 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U15122AP1990PLC011932. Its GSTIN is 37AADCM5441K1ZA (Andhra Pradesh). The company holds 6 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹13.9 Cr. It was formerly known as Harsha Electronics Pvt Ltd and Mangal Precision Products Private Limited. It is led by directors including Ashok Galla (Whole-Time Director) and Chandakacharla Narasimha Durgesh.
Its last annual general meeting (AGM) was held on 20 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Renigunta Cuddapah Road Korakambadi Tirupathi. A.P., Tirupati, Andhra Pradesh, India – 517520.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,364.46 Cr, a growth of 20% compared to the previous year. For the same year it recorded a net profit of ₹71.73 Cr (net margin 5.3%) and EBITDA of ₹144.62 Cr (EBITDA margin 10.6%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 11% over five years.
The company has about 2,478 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Silver Lining and Amara Raja Group. As per MCA filings, the company has open charges of ₹224.73 Cr and satisfied charges of ₹225.33 Cr on record. Court records list 34 cases involving the company, including 29 filed by the company and 5 filed against it; 8 cases are pending. The company has 7 deals on record (4 secondary share transfers, 2 rights issues, 1 funding round), with disclosed funding of ₹30 Lakh; the latest was in March 2018. The company has 18 MSME Form 1 returns on record between 2019 and 2024, listing 3,021 overdue payments to 196 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 mangalindustries.com.
Company details
Name history
Mangal Industries has undergone 3 name changes throughout its history. The company was previously known as Harsha Electronics Pvt Ltd, Mangal Precision Products Private Limited, and Mangal Precision Products Limited. The current legal name is Mangal Industries Limited.
| Company Name | Status |
|---|---|
| Mangal Industries Limited | Current |
| Harsha Electronics Pvt Ltd | Previous |
| Mangal Precision Products Private Limited | Previous |
| Mangal Precision Products Limited | Previous |
CIN history
Mangal Industries has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U15122AP1990PLC011932, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U15122AP1990PLC011932 | Current |
| U29309AP1990PLC011932 | Previous |
| U29309AP1990PTC011932 | Previous |
Contact details
Mangal Industries Limited's registered office is in Tirupati, Andhra Pradesh. Its website is mangalindustries.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressRenigunta Cuddapah Road Korakambadi Tirupathi. A.P., Tirupati, Andhra Pradesh, India – 517520
- IndustryMachinery and Equipment, Industrial Tools & Components
To see the full contact details of Mangal Industries 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
Brands
Mangal Industries operates two associated brands: SILVER LINING and Amara Raja Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides tailored warehouse racking systems for various industries and storage needs. | silverliningstorage.in | |
| Batteries and automotive components are manufactured by Amara Raja Group. | amararaja.com |
Business activity
The main business activities of Mangal Industries are manufacturing and transport and storage. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products, metal and metal products and warehousing and storage. 3 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | |
| C | Manufacturing | C7 | Metal and metal products | |
| H | Transport and storage | H6 | Warehousing and storage |
To see the full business activity and turnover split of Mangal Industries Limited, buy the company report.
Financials of Mangal Industries Limited
FY 2025 filings availableMangal Industries Limited reported revenue of ₹1,364.46 Cr (up 20% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 20% growth in the latest year. EBITDA rose 22% 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 | ₹144.62 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹71.73 Cr | ||||
| Balance Sheet | |||||
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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 | 10.6% | ||||
| Net Profit Margin | 5.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Mangal Industries Limited, buy the company report.
Board of directors of Mangal Industries Limited
Mangal Industries has 5 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chandakacharla Narasimha Durgesh | Director | 01 Oct 2024 | 2 Years 0 Months | Current |
| Harshavardhana Gourineni | Director | 04 Nov 2015 | 10 Years 11 Months | Current |
| Gayatri Gogate | Director | 01 Oct 2024 | 2 Years 0 Months | Current |
| Galla Jayadev | Director | 02 Dec 2000 | 25 Years 10 Months | Current |
| Ashok Galla | Whole-Time Director | 25 May 2017 | 9 Years 5 Months | Current |
Auditor
Mangal Industries Limited is audited by M/s. Brahmayya & Co. for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M/s. Brahmayya & Co. | FY 2024 | 000513S |
Shareholding
The shareholding of Mangal Industries Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mangal Industries Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Nov 2021 | 100506710 | Axis Bank Limited | ₹30 Cr | Open | |
| 22 Jun 2020 | 100344337 | Others | ₹40 Cr | Open | |
| 20 Jun 2013 | 10436376 | State Bank of India | ₹154.73 Cr | Open | |
| 15 Mar 2017 | 100089079 | Citi Bank N.A. | ₹40 Cr | Satisfied | |
| 18 Sep 2014 | 10522669 | Kotak Mahindra Bank Limited | ₹7.5 Cr | Satisfied |
To see the full charge records of Mangal Industries Limited, buy the company report.
Total charge records: 22 View all charges
Deals & funding
Mangal Industries Limited has 7 deals on record (4 secondary share transfers, 2 rights issues, 1 funding round), with disclosed funding of ₹30 Lakh; the latest was in March 2018.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: Amara Raja Enterprises Private Limited Seller: 4 individuals |
| Nov 2017 | Secondary share transfer | Undisclosed | Seller: 4 individuals |
| Oct 2016 | Rights issue | ₹23.24 Cr | Investors: 4 individuals |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Feb 2013 | Rights issue | ₹23.02 Cr | Investors: 4 individuals |
To see the full deal history of Mangal Industries 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
Mangal Industries Limited has 34 court cases on record: 29 filed by Mangal Industries, 5 filed against it. 8 cases are pending and 26 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 20 | 2 | 2 |
| District courts | 10 | 1 | 4 |
| NCLT | 2 | 0 | 0 |
| Supreme Court | 2 | 2 | 2 |
Cases on record (5 of 34)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1901-Energy Laws - Electricity, Petroleum, Oil and Natural Gas : Energy laws - Electricity, Petroleum, Oil and Natural Gas) | Filed against the company by The State of Andhra Pradesh | Pending |
| High Court, ANDHRAPRADESH | Appeal | Filed by the company against M/S. Sun Valley Foods and Beverages Pvt. Ltd., | Pending |
| High Court, ANDHRAPRADESH | Writ petition | Filed by the company against Southern Power Distribution Company of Andhra Pradesh Limited., and 2 others | Disposed |
| District court, Chittoor, Andhra Pradesh | Criminal complaint | Filed by the company against Ms Sun Valley Food and Beverages Pvt. Ltd., and 2 others | Disposed |
| District court, Chittoor, Andhra Pradesh | Court case (E.S.I.) | Filed by the company against Employees State Insurance Corporation | Pending |
To see the full case history of Mangal Industries 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
Mangal Industries Limited was last rated by Crisil on 08 Jul 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 08 Jul 2020 |
To see the full credit ratings and regulatory alerts of Mangal Industries Limited, buy the company report.
MSME payment delays
Mangal Industries Limited has 18 MSME Form 1 returns on record between 2019 and 2024, listing 3,021 overdue payments to 196 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 196)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| A M Components Limited Liability | |||
| Rainbow Poly Products | |||
| Unipro Tech Solutions Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Mangal Industries Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Mangal Industries Limited has a workforce of 2,478 employees on its EPFO records as of Nov 08, 2024, across 1 active EPFO establishment.
GST
Mangal Industries has 6 GST registrations: 3 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AADCM5441K1ZA | Andhra Pradesh | Active | 01 Jul 2017 |
| 33AADCM5441K1ZI | Tamil Nadu | Active | 01 Jul 2017 |
| 06AADCM5441K1ZF | Haryana | Active | 09 Feb 2019 |
To see the full GST registrations and return filing status of Mangal Industries Limited, buy the company report.
Recent activity
Mangal Industries Limited has 15 board changes on record since 2000: 5 appointments and 10 cessations. The latest: Chandakacharla Narasimha Durgesh was appointed as Director on 01 Oct 2024.
55 earlier events are in the company report.
Frequently asked questions
Mangal Industries is an active public limited company based in Tirupati, Andhra Pradesh, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 09 November 1990 (36+ years old) and is registered under CIN U15122AP1990PLC011932.
Mangal Industries has 5 current directors:
- Ashok Galla - Whole-Time Director
- Chandakacharla Narasimha Durgesh - Director
- Harshavardhana Gourineni - Director
- Gayatri Gogate - Director
- Galla Jayadev - Director
The latest financial statements of Mangal Industries on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 20 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Mangal Industries is 37AADCM5441K1ZA, registered in Andhra Pradesh. The company has 6 GST registrations in all, of which 3 are active and 3 are cancelled or inactive. Other active GSTINs include 33AADCM5441K1ZI (Tamil Nadu), 06AADCM5441K1ZF (Haryana).
The CIN (Corporate Identification Number) of Mangal Industries is U15122AP1990PLC011932. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mangal Industries has 34 court cases on record: 29 filed by the company and 5 filed against it. 8 are pending. Most are in the high courts.
Mangal Industries was incorporated on 09 November 1990, making it 36+ years old. It is registered with the Registrar of Companies, Vijayawada.
Mangal Industries has 7 deals on record (4 secondary share transfers, 2 rights issues, 1 funding round), with disclosed funding of ₹30 Lakh; the latest was in March 2018.
Chandakacharla Narasimha Durgesh was appointed as Director on 01 Oct 2024. Gayatri Gogate was appointed as Director on 01 Oct 2024. Galla Ramachandra Naidu ceased to be Director on 26 May 2021. Mangal Industries has 15 board changes on record in total.
Mangal Industries has 18 MSME Form 1 returns on record between 2019 and 2024, listing 3,021 overdue payments to 196 micro and small suppliers. The latest return was filed on 27 Apr 2024.
Mangal Industries can be reached through the website mangalindustries.com. Its registered office is in Tirupati, Andhra Pradesh, India.