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Mangala Resource Management Private Limited - environment in Mangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹3.21 Cr
▲ 40% YoY
Net profit · FY 2024
₹6.44 Lakh
Net margin 2%
EBITDA · FY 2024
₹20.54 Lakh
EBITDA margin 6.4%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹9 Lakh
Issued & subscribed
Open charges
₹25 Lakh
Secured borrowings
Company age
7 yrs
Est. 2019
Directors on board
5
As per MCA filings
About Mangala Resource Management Private Limited
Data last updated:
Mangala Resource Management Private Limited is a private limited company based in Mangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the waste management and recycling solutions segment of the environmental services sector. It was incorporated on 26 February 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U93090KA2019PTC121883. Its GSTIN is 29AAMCM4848D1Z4 (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9 Lakh. It is led by directors including Ganesh Kervashe Karnik and Manjunatha Bhandari.
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 Sahyadri College Of Engineering And Management Sahyadri Campus Adyar, Mangalore, Karnataka, India – 575007.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.21 Cr, a growth of 40% compared to the previous year. For the same year it recorded a net profit of ₹6.44 Lakh (net margin 2%) and EBITDA of ₹20.54 Lakh (EBITDA margin 6.4%). Revenue has grown at a compounded annual rate (CAGR) of 143% over three years.
The company is associated with 1 brand: Mangala Resource Management. As per MCA filings, the company has open charges of ₹25 Lakh on record.
Mangala Resource Management Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-11-0006364). For more details, the company can be reached via its website mangalaresource.com.
Company Details of Mangala Resource Management Private Limited
CIN U93090KA2019PTC121883
Registration Number 121883
Incorporation Date 26 February 2019
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KR-11-0006364
Recognitions & Rankings of Mangala Resource Management
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-11-0006364
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressSahyadri College Of Engineering And Management Sahyadri Campus Adyar, Mangalore, Karnataka, India – 575007
- IndustryEnvironment, Waste Management & Recycling Solutions
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Associated Brands with Mangala Resource Management Private Limited
Mangala Resource Management operates one associated brand: Mangala Resource Management. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Waste management and recycling services focused on solid waste solutions in India. | mangalaresource.com |
Business Activity of Mangala Resource Management Private Limited
The main business activity of Mangala Resource Management is water supply, sewerage and waste management. In detail, this covers waste collection, treatment and disposal activities, materials recovery and other waste management services.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| E | Water supply, sewerage and waste management | E3 | Waste collection, treatment and disposal activities, materials recovery and Other waste management services | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Mangala Resource Management Private Limited FY 2024 filings available
Mangala Resource Management Private Limited reported revenue of ₹3.21 Cr (up 40% YoY) for FY 2024.
Revenue · FY 2024
₹3.21 Cr ▲ 40%
Net profit · FY 2024
₹6.44 Lakh margin 2%
EBITDA · FY 2024
₹20.54 Lakh margin 6.4%
Compounded Annual Growth Rate (CAGR) of Mangala Resource Management Private Limited
Revenue CAGR growth
1 year
▲ 40%
3 years · compounded
▲ 143%
EBITDA CAGR growth
1 year
▼ 39%
3 years · compounded
▲ 106%
Revenue has grown at a compounded annual rate (CAGR) of 143% over three years, including 40% growth in the latest year. EBITDA fell 39% 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 of Mangala Resource Management Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹20.54 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹6.44 Lakh | •••• | •••• | •••• | •••• |
| 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 of Mangala Resource Management Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Mangala Resource Management are in the company report.
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Financial statements from FY 2019
Earlier years and trend charts are in the company report.
- Income statements
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Verified entity values are shown only after access is granted.
Board of Directors of Mangala Resource Management Private Limited
Mangala Resource Management has 5 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 |
|---|---|---|---|---|
| Ganesh Kervashe Karnik Also directs: Panama Mining Industries Corporation Limited | Director | 04 Jul 2020 | 6 Years 3 Months | Current |
| Manjunatha Bhandari Also directs: Sahyadri Hospitality LLP, Caliper Engineering & Lab Private Limited, Sahynex Innovations Private Limited and 4 more | Director | 04 Jul 2020 | 6 Years 3 Months | Current |
| Panja Dilraj Alva Also directs: Charge Mobility Private Limited | Director | 26 Feb 2019 | 7 Years 7 Months | Current |
| Ranjan Bellarpady Umesh | Director | 04 Jul 2020 | 6 Years 3 Months | Current |
| Sachin Nallur Shetty | Director | 26 Feb 2019 | 7 Years 7 Months | Current |
Peer Comparison of Mangala Resource Management Private Limited
Mangala Resource Management Private Limited is compared with the companies closest to it by revenue in the Cleantech industry (Recycling and Waste Treatment). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Triton Greentech Innovations Private Limited | ₹3.24 Cr (FY 2025) | •••• | •••• | 33.0% | •••• | Mumbai, Maharashtra, India |
| Sriarya Infra and Engineering Private Limited | ₹3.24 Cr (FY 2025) | •••• | •••• | 42.0% | •••• | Telangana, India |
| WB E-Waste Control Management Private Limited | ₹3.23 Cr (FY 2024) | •••• | •••• | 640.0% | •••• | Kolkata, West Bengal, India |
| Garhwal Scrap Private Limited | ₹3.22 Cr (FY 2025) | •••• | •••• | 4035.0% | •••• | Roorkee, Uttarakhand, India |
| Jadg India E Waste Recycles Private Limited | ₹3.21 Cr (FY 2025) | •••• | •••• | 139.0% | •••• | Thiruvallur, Tamil Nadu, India |
| Mangala Resource Management Private Limited this company | ₹3.21 Cr (FY 2024) | •••• | •••• | 40.0% | •••• | Mangalore, Karnataka, India |
| Samagra Waste Management Private Limited | ₹3.21 Cr (FY 2017) | •••• | •••• | 214.0% | •••• | New Delhi, Delhi, India |
| Sega Tech Solution Private Limited | ₹3.21 Cr (FY 2025) | •••• | •••• | 78.0% | •••• | Loni, Uttar Pradesh, India |
| Eco Birdd Recycling Company Private Limited | ₹3.21 Cr (FY 2024) | •••• | •••• | -35.0% | •••• | Bangalore, Karnataka, India |
| Omega Ecotech Products India Private Limited | ₹3.21 Cr (FY 2025) | •••• | •••• | -45.0% | •••• | Coimbatore, Tamil Nadu, India |
| Dhruven Enterprises Private Limited | ₹3.2 Cr (FY 2024) | •••• | •••• | 426.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Mangala Resource Management by revenue in the Cleantech industry (Recycling and Waste Treatment), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Mangala Resource Management Private Limited
Mangala Resource Management Private Limited is audited by Rao & Basri for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Rao & Basri | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Mangala Resource Management Private Limited
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Shareholding and ownership data
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Charges & Borrowings of Mangala Resource Management Private Limited
Open charges
₹25 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Jul 2024 | Canara Bank | ₹25 Lakh | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Mangala Resource Management Private Limited
Employment history and EPFO contributions of people linked to Mangala Resource Management.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Mangala Resource Management Private Limited
Mangala Resource Management Private Limited has 9 board changes on record since 2019: 5 appointments and 4 cessations. The latest: Chandan Kamath Mangalore Keshava ceased to be Additional Director on 06 Sep 2021.
AGM
Mangala Resource Management Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Canara Bank amounted to Rs. 25.00 Lakh with Charge ID 100961468 was registered on 31 Jul 2024.
Filing
Mangala Resource Management Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Ceased
Chandan Kamath Mangalore Keshava ceased to be Additional Director.
Ceased
Ganesh Kervashe Karnik ceased to be Additional Director.
Ceased
Manjunatha Bhandari ceased to be Additional Director.
Ceased
Ranjan Bellarpady Umesh ceased to be Additional Director.
Appointed
Ganesh Kervashe Karnik was appointed as Director.
Appointed
Manjunatha Bhandari was appointed as Director.
Appointed
Ranjan Bellarpady Umesh was appointed as Director.
Appointed
Panja Dilraj Alva was appointed as Director.
Appointed
Sachin Nallur Shetty was appointed as Director.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Mangala Resource Management Private Limited
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MSME Payment Delays by Mangala Resource Management Private Limited
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Subsidiaries & Group Companies of Mangala Resource Management Private Limited
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GST Compliance of Mangala Resource Management Private Limited
Mangala Resource Management has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAMCM4848D1Z4 | Karnataka | Active | 01 Mar 2020 |
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MCA Filings & Documents of Mangala Resource Management Private Limited
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MCA filings and documents
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Frequently Asked Questions about Mangala Resource Management Private Limited
Mangala Resource Management is an active private limited company based in Mangalore, Karnataka, India. The company works in waste management and recycling solutions, within the environment industry. It was incorporated on 26 February 2019 (7+ years old) and is registered under CIN U93090KA2019PTC121883.
Mangala Resource Management reported revenue of ₹3.21 Cr for FY 2024 (up 40% YoY).
Mangala Resource Management has 5 current directors:
- Ganesh Kervashe Karnik - Director
- Manjunatha Bhandari - Director
- Panja Dilraj Alva - Director
- Ranjan Bellarpady Umesh - Director
- Sachin Nallur Shetty - Director
Mangala Resource Management reported a net profit of ₹6.44 Lakh (net margin 2%) and EBITDA of ₹20.54 Lakh (EBITDA margin 6.4%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Mangala Resource Management is 143% over three years. In the latest year (FY 2024) revenue rose 40%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Mangala Resource Management is 29AAMCM4848D1Z4, registered in Karnataka.
The CIN (Corporate Identification Number) of Mangala Resource Management is U93090KA2019PTC121883. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mangala Resource Management was incorporated on 26 February 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Mangala Resource Management by revenue are Triton Greentech Innovations Private Limited, Sriarya Infra and Engineering Private Limited, WB E-Waste Control Management Private Limited, Garhwal Scrap Private Limited, Jadg India E Waste Recycles Private Limited and 5 more, all in the Cleantech industry (Recycling and Waste Treatment).
Chandan Kamath Mangalore Keshava ceased to be Additional Director on 06 Sep 2021. Ganesh Kervashe Karnik ceased to be Additional Director on 31 Dec 2020. Manjunatha Bhandari ceased to be Additional Director on 31 Dec 2020. Mangala Resource Management has 9 board changes on record in total.
Yes, Mangala Resource Management is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).