Marg Conveyors LLP

Marg Conveyors LLP - machinery and equipment in Pune, Maharashtra, India. FY 2026 financials & compliance.
LLPIN AAB-1949 Incorporated 31 October 2012 ROC Pune HQ Pune, Maharashtra, India
Active Limited Liability Partnership machinery and equipment
Data last updated
Revenue · FY 2023
₹8.42 Cr
▲ 64% YoY
Net profit · FY 2023
₹29.91 Lakh
Net margin 3.6%
EBITDA · FY 2023
₹53.97 Lakh
EBITDA margin 6.4%
Contribution obligation
₹50,000
As per LLP agreement
Open charges
₹4.88 Cr
Secured borrowings
LLP age
14 yrs
Est. 2012
Designated partners
2
As per MCA filings
Active GSTINs
1
GST registered

About Marg Conveyors LLP

Data last updated:

Marg Conveyors LLP is a limited liability partnership (LLP) based in Pune, Maharashtra, India. It operates in the material handling and storage equipment segment of the machinery and industrial equipment sector. It was incorporated on 31 October 2012 and has been in existence for over 14 years.

The LLP is registered with the Registrar of Companies (ROC), Pune, under LLPIN AAB-1949. Its GSTIN is 27AAVFM8408M1ZE (Maharashtra).

The LLP has a total obligation of contribution of ₹50,000. It is led by designated partners Mandar Haribhau Punde and Sagar Sunil Diwan.

Its latest statement of accounts is for the year ended 31 March 2024. The registered office is at Ambience Antilia Fl No B/1101 Sno 22/8 12 13 Bavdhan Kh Mulshi, Pune, Maharashtra, India – 411021.

As per the financials filed for FY 2023, the LLP reported a revenue of ₹8.42 Cr, a growth of 64% compared to the previous year. For the same year it recorded a net profit of ₹29.91 Lakh (net margin 3.6%) and EBITDA of ₹53.97 Lakh (EBITDA margin 6.4%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 42% over five years.

As per MCA filings, the LLP has open charges of ₹4.88 Cr on record. Court records list 3 cases involving the LLP, including 2 filed by the LLP and 1 filed against it; 2 cases are pending.

Company Details of Marg Conveyors LLP
LLPIN AAB-1949
Incorporation Date 31 October 2012
Total Obligation of Contribution ₹50,000
ROC Pune
Company Status Active
Date of Last AGM 31 March 2025
Date of Balance Sheet 31 March 2024
Key People
Mandar Haribhau Punde Designated Partner Sagar Sunil Diwan Designated Partner
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    Ambience Antilia Fl No B/1101 Sno 22/8 12 13 Bavdhan Kh Mulshi, Pune, Maharashtra, India – 411021
  • Industry
    Machinery and Equipment, Material Handling & Storage Equipment
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Financials, compliance, directors, charges, ownership and filings for Marg Conveyors LLP in one report.

Financials from 2015 Directors & ownership Charges & compliance

Financials of Marg Conveyors LLP FY 2024 filings available

Marg Conveyors LLP reported revenue of ₹8.42 Cr (up 64% YoY) for FY 2023.

Revenue · FY 2023
₹8.42 Cr ▲ 64%
Net profit · FY 2023
₹29.91 Lakh margin 3.6%
EBITDA · FY 2023
₹53.97 Lakh margin 6.4%

Compounded Annual Growth Rate (CAGR) of Marg Conveyors LLP

Revenue CAGR growth
1 year
▲ 64%
3 years · compounded
▲ 26%
5 years · compounded
▲ 42%
EBITDA CAGR growth
1 year
▲ 139%
3 years · compounded
▲ 16%

Revenue has grown at a compounded annual rate (CAGR) of 42% over five years, including 64% growth in the latest year. EBITDA rose 139% 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 Marg Conveyors LLP

Statement of Account and SolvencyFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Income and Expenditure
Turnover••••••••••••••••••••
Other Income••••••••••••••••••••
Total Income••••••••••••••••••••
Purchases and Direct Costs••••••••••••••••••••
Personnel Expenses••••••••••••••••••••
Administrative Expenses••••••••••••••••••••
Interest••••••••••••••••••••
Depreciation••••••••••••••••••••
Total Expenses••••••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax••••••••••••••••••••
Profit After Tax₹29.91 Lakh••••••••••••••••
Profit Transferred to Partners••••••••••••••••••••
Assets and Liabilities
Partners' Contribution••••••••••••••••••••
Reserves and Surplus••••••••••••••••••••
Secured Loans••••••••••••••••••••
Unsecured Loans••••••••••••••••••••
Trade Payables••••••••••••••••••••
Other Liabilities and Provisions••••••••••••••••••••
Total Liabilities••••••••••••••••••••
Fixed Assets••••••••••••••••••••
Investments••••••••••••••••••••
Loans and Advances••••••••••••••••••••
Inventories••••••••••••••••••••
Trade Receivables••••••••••••••••••••
Cash and Bank Balance••••••••••••••••••••
Total Assets••••••••••••••••••••

Financial Ratios of Marg Conveyors LLP

Statement of Account and SolvencyFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
Net Profit Margin3.6%••••••••••••••••
Return on Partners' Funds••••••••••••••••••••
Return on Assets••••••••••••••••••••
Liquidity and Debt
Current Ratio••••••••••••••••••••
Debt to Partners' Funds••••••••••••••••••••
Interest Coverage••••••••••••••••••••
Efficiency and Growth
Asset Turnover••••••••••••••••••••
Receivable Days••••••••••••••••••••
Turnover Growth••••••••••••••••••••
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 8. The full year-wise statements and ratios of Marg Conveyors are in the company report.

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Financial statements from 2015

Earlier years and trend charts are in the company report.

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Designated Partners of Marg Conveyors LLP

Marg Conveyors has 2 designated partners on record. No former designated partners are listed.

Current Designated Partners
NameDesignationAppointment DateTenureStatus
Mandar Haribhau PundeDesignated Partner31 Oct 201213 Years 11 MonthsCurrent
Sagar Sunil DiwanDesignated Partner31 Oct 201213 Years 11 MonthsCurrent
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Ownership and Shareholding of Marg Conveyors LLP

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Charges & Borrowings of Marg Conveyors LLP

Open charges
₹4.88 Cr
Satisfied charges
None
Breakdown by lending institutions
Icici Bank Limited₹3.92 Cr
Hdfc Bank Limited₹0.51 Cr
Bank of Maharashtra₹0.45 Cr
Latest charge details
DateLenderAmountStatus
16 Dec 2023Icici Bank Limited₹3.92 CrOpen
25 Mar 2023Hdfc Bank Limited₹25.43 LakhOpen
25 Mar 2023Hdfc Bank Limited₹25.2 LakhOpen
13 Oct 2020Bank of Maharashtra₹45 LakhOpen

Total charge records: 4 View all charges

Employees and EPFO Compliance at Marg Conveyors LLP

Employment history and EPFO contributions of people linked to Marg Conveyors.

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Employee and EPFO history

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Recent Activity on Marg Conveyors LLP

Marg Conveyors LLP has 2 designated partner changes on record since 2012: 2 appointments. The latest: Mandar Haribhau Punde was appointed as Designated Partner on 31 Oct 2012.

AGM
Marg Conveyors Llp last Annual general meeting of members was held on 31 Mar 2025 as per latest MCA records.
Charges
A charge with Icici Bank Limited of Rs. 39,200,000.00 registered on 16 Dec 2023 with Charge ID 100862921 was modified on 29 May 2024.
Filing
Marg Conveyors Llp has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
Charges
A charge with Icici Bank Limited amounted to Rs. 39,200,000.00 with Charge ID 100862921 was registered on 16 Dec 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 2,542,512.00 with Charge ID 100724807 was registered on 25 Mar 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 2,520,000.00 with Charge ID 100724806 was registered on 25 Mar 2023.
Charges
A charge with Bank Of Maharashtra amounted to Rs. 4,500,000.00 with Charge ID 100625367 was registered on 13 Oct 2020.
Appointed
Mandar Haribhau Punde was appointed as Designated Partner.
Appointed
Sagar Sunil Diwan was appointed as Designated Partner.
Incorporation
31 Oct 2012
Marg Conveyors Llp was registered on 31 Oct 2012 with Roc Pune & aged 13 years 11 months as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Marg Conveyors LLP

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MSME Payment Delays by Marg Conveyors LLP

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Subsidiaries & Group Companies of Marg Conveyors LLP

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GST Compliance of Marg Conveyors LLP

Marg Conveyors has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAVFM8408M1ZEMaharashtraActive01 Jul 2017
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MCA Filings & Documents of Marg Conveyors LLP

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Frequently Asked Questions about Marg Conveyors LLP

Marg Conveyors is an active limited liability partnership based in Pune, Maharashtra, India. The LLP works in material handling and storage equipment, within the machinery and equipment industry. It was incorporated on 31 October 2012 (14+ years old) and is registered under LLPIN AAB-1949.

Marg Conveyors reported revenue of ₹8.42 Cr for FY 2023 (up 64% YoY).

Marg Conveyors has 2 current designated partners:

Marg Conveyors reported a net profit of ₹29.91 Lakh (net margin 3.6%) and EBITDA of ₹53.97 Lakh (EBITDA margin 6.4%) for FY 2023, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Marg Conveyors is 26% over three years and 42% over five years. In the latest year (FY 2023) revenue rose 64%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Marg Conveyors is 27AAVFM8408M1ZE, registered in Maharashtra.

The LLPIN (Limited Liability Partnership Identification Number) of Marg Conveyors is AAB-1949. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.

Marg Conveyors has 3 court cases on record: 2 filed by the LLP and 1 filed against it. 2 are pending.

Marg Conveyors was incorporated on 31 October 2012, making it 14+ years old. It is registered with the Registrar of Companies, Pune.

Mandar Haribhau Punde was appointed as Designated Partner on 31 Oct 2012. Sagar Sunil Diwan was appointed as Designated Partner on 31 Oct 2012.

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