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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
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
Mangala Resource Management Private Limited's registered office is in Mangalore, Karnataka. Its website is mangalaresource.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSahyadri College Of Engineering And Management Sahyadri Campus Adyar, Mangalore, Karnataka, India – 575007
- IndustryEnvironment, Waste Management & Recycling Solutions
To see the full contact details of Mangala Resource Management Private Limited, buy the company report.
Comprehensive company report
Mangala Resource Management 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
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
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 | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| E | Water supply, sewerage and waste management | E3 | Waste collection, treatment and disposal activities, materials recovery and Other waste management services |
To see the full business activity and turnover split of Mangala Resource Management Private Limited, buy the company report.
Financials of Mangala Resource Management Private Limited
FY 2024 filings availableMangala 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)
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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹20.54 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹6.44 Lakh | ||||
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Financial Ratios
| 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) | |||||
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To see the full financial statements and ratios of Mangala Resource Management Private Limited, buy the company report.
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
Mangala Resource Management Private Limited is compared with the 3 companies closest to it by revenue in the Cleantech industry (Recycling and Waste Treatment), with the same principal business activity (waste collection, treatment and disposal activities, materials recovery and other waste management services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| WB E-Waste Control Management Private Limited | ₹3.23 Cr (FY 2024) | 640.0% | Kolkata, West Bengal, India | |||
| Mangala Resource Management Private Limitedthis company | ₹3.21 Cr (FY 2024) | ₹6.44 Lakh | 2% | 40.0% | Mangalore, Karnataka, India | |
| Samagra Waste Management Private Limited | ₹3.21 Cr (FY 2017) | 214.0% | New Delhi, Delhi, India | |||
| Dhruven Enterprises Private Limited | ₹3.2 Cr (FY 2024) | 426.0% | Delhi, India |
To see the full peer comparison of Mangala Resource Management Private Limited, buy the company report.
Auditor
Mangala Resource Management Private Limited is audited by Rao & Basri for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Rao & Basri | FY 2023 | 005523S |
Shareholding
The shareholding of Mangala Resource Management Private Limited is on record for 4 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 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Mangala Resource Management Private Limited, buy the company report.
Charges & borrowings
Open charges
₹25 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Jul 2024 | 100961468 | Canara Bank | ₹25 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Mangala Resource Management 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 Mangala Resource Management Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
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 |
To see the full GST registrations and return filing status of Mangala Resource Management Private Limited, buy the company report.
Recent activity
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 in the company report.
Frequently asked questions
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 has 5 current directors:
- Ganesh Kervashe Karnik - Director
- Manjunatha Bhandari - Director
- Panja Dilraj Alva - Director
- Ranjan Bellarpady Umesh - Director
- Sachin Nallur Shetty - Director
The latest financial statements of Mangala Resource Management 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 FY 2019 are in the company report.
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 WB E-Waste Control Management Private Limited, Samagra Waste Management Private Limited, Dhruven Enterprises Private Limited, all in the Cleantech industry (Recycling and Waste Treatment), with the same principal business activity (waste collection, treatment and disposal activities, materials recovery and other waste management services).
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).
Yes, Mangala Resource Management is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-11-0006364).
Mangala Resource Management can be reached through the website mangalaresource.com. Its registered office is in Mangalore, Karnataka, India.