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MCS Cargar Private Limited - business services in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹3.61 Lakh
▼ 67% YoY
Net loss · FY 2024
₹2.06 Lakh
Net margin -56.9%
EBITDA · FY 2024
-₹1.8 Lakh
EBITDA margin -49.7%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1.03 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About MCS Cargar Private Limited
Data last updated:
MCS Cargar Private Limited is a private limited company based in Ahmedabad, Gujarat, India, recognised as a startup by DPIIT. It operates in the service-based operations segment of the business services sector. It was incorporated on 16 November 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74999GJ2019PTC110840. Its GSTIN is 24AANCM0856A1ZR (Gujarat).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.03 Lakh. It is led by directors Kayvan Paragbhai Shah and Raj Anupam.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at C – 1/270 GIDC Estate Naroda, Ahmedabad, Gujarat, India – 382330.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.61 Lakh, a decline of 67% compared to the previous year. For the same year it recorded a net loss of ₹2.06 Lakh (net margin -56.9%) and EBITDA of -₹1.8 Lakh (EBITDA margin -49.7%). Revenue has grown at a compounded annual rate (CAGR) of 61% over three years.
The company is associated with 1 brand: Cargar.
MCS Cargar Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0056594). For more details, the company can be reached via its website cargar.in.
Company Details of MCS Cargar Private Limited
CIN U74999GJ2019PTC110840
Registration Number 110840
Incorporation Date 16 November 2019
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-GJ-01-0056594
Recognitions & Rankings of MCS Cargar
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-01-0056594
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressC – 1/270 GIDC Estate Naroda, Ahmedabad, Gujarat, India – 382330
- IndustryBusiness Services, Other Services, Miscellaneous Business Activities
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Business Activity of MCS Cargar Private Limited
The main business activity of MCS Cargar is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution | 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 MCS Cargar Private Limited FY 2025 filings available
MCS Cargar Private Limited reported revenue of ₹3.61 Lakh (down 67% YoY) for FY 2024.
Revenue · FY 2024
₹3.61 Lakh ▼ 67%
Net loss · FY 2024
₹2.06 Lakh margin -56.9%
EBITDA · FY 2024
-₹1.8 Lakh margin -49.7%
Compounded Annual Growth Rate (CAGR) of MCS Cargar Private Limited
Revenue CAGR growth
1 year
▼ 67%
3 years · compounded
▲ 61%
EBITDA CAGR growth
1 year
▼ 328%
3 years · compounded
▼ 191%
Revenue fell 67% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 61%. EBITDA fell 328% 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 MCS Cargar 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 | -₹1.8 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2.06 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 MCS Cargar Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -49.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -56.9% | •••• | •••• | •••• | •••• |
| 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 MCS Cargar are in the company report.
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Financial statements from FY 2020
Earlier years and trend charts are in the company report.
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Board of Directors of MCS Cargar Private Limited
MCS Cargar has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kayvan Paragbhai Shah Also directs: Dynamo Engineering LLP | Director | 16 Nov 2019 | 6 Years 11 Months | Current |
| Raj Anupam Also directs: Cambio Motion LLP | Director | 16 Nov 2019 | 6 Years 11 Months | Current |
Peer Comparison of MCS Cargar Private Limited
MCS Cargar Private Limited is compared with the companies closest to it by revenue in the Automobiles industry (Electric and Bio Fuel Vehicles). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Evsay Global Private Limited | ₹3.93 Lakh (FY 2024) | •••• | •••• | •••• | Haryana, India | |
| Airgap Technology Private Limited | ₹3.91 Lakh (FY 2024) | •••• | •••• | •••• | Hyderabad, Telangana, India | |
| Eadicct Mobility Solutions Private Limited (OPC) | ₹3.85 Lakh (FY 2025) | •••• | •••• | -81.0% | •••• | Pune, Maharashtra, India |
| Easy Green Mobility Private Limited | ₹3.8 Lakh (FY 2025) | •••• | •••• | •••• | Gurgaon, Haryana, India | |
| Xtracteco Private Limited | ₹3.71 Lakh (FY 2021) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| MCS Cargar Private Limited this company | ₹3.61 Lakh (FY 2024) | •••• | •••• | -67.0% | •••• | Ahmedabad, Gujarat, India |
| Adhunik EV India Private Limited | ₹3.61 Lakh (FY 2025) | •••• | •••• | -5.0% | •••• | Delhi, India |
| Devam India Private Limited | ₹3.5 Lakh (FY 2024) | •••• | •••• | •••• | Surat, Gujarat, India | |
| Ze Way Mobility Private Limited | ₹3.12 Lakh (FY 2024) | •••• | •••• | -68.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Clenergy Innovations Private Limited | ₹3.08 Lakh (FY 2024) | •••• | •••• | -64.0% | •••• | Chennai, Tamil Nadu, India |
| Aaditya Emotors India Private Limited | ₹3 Lakh (FY 2016) | •••• | •••• | •••• | Badli, Delhi, India |
Peers are the five companies nearest above and the five nearest below MCS Cargar by revenue in the Automobiles industry (Electric and Bio Fuel Vehicles), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Ownership and Shareholding of MCS Cargar Private Limited
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Shareholding and ownership data
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Charges & Borrowings of MCS Cargar Private Limited
MCS Cargar Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at MCS Cargar Private Limited
Employment history and EPFO contributions of people linked to MCS Cargar.
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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 MCS Cargar Private Limited
MCS Cargar Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Kayvan Paragbhai Shah was appointed as Director on 16 Nov 2019.
AGM
Mcs Cargar Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Mcs Cargar Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Kayvan Paragbhai Shah was appointed as Director.
Appointed
Raj Anupam was appointed as Director.
Incorporation
16 Nov 2019
Mcs Cargar Private Limited was registered on 16 Nov 2019 with Roc Ahmedabad & aged 6 years 11 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for MCS Cargar Private Limited
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Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
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MSME Payment Delays by MCS Cargar Private Limited
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Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of MCS Cargar Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of MCS Cargar Private Limited
MCS Cargar has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AANCM0856A1ZR | Gujarat | Active | 04 Oct 2021 |
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MCA Filings & Documents of MCS Cargar Private Limited
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Related news about MCS Cargar Private Limited
Frequently Asked Questions about MCS Cargar Private Limited
MCS Cargar is an active private limited company based in Ahmedabad, Gujarat, India. The company works in other services, within the business services industry. It was incorporated on 16 November 2019 (7+ years old) and is registered under CIN U74999GJ2019PTC110840.
MCS Cargar reported revenue of ₹3.61 Lakh for FY 2024 (down 67% YoY).
MCS Cargar has 2 current directors:
- Kayvan Paragbhai Shah - Director
- Raj Anupam - Director
MCS Cargar reported a net loss of ₹2.06 Lakh (net margin -56.9%) and EBITDA of -₹1.8 Lakh (EBITDA margin -49.7%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of MCS Cargar is 61% over three years. In the latest year (FY 2024) revenue fell 67%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of MCS Cargar is 24AANCM0856A1ZR, registered in Gujarat.
The CIN (Corporate Identification Number) of MCS Cargar is U74999GJ2019PTC110840. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MCS Cargar was incorporated on 16 November 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of MCS Cargar by revenue are Evsay Global Private Limited, Airgap Technology Private Limited, Eadicct Mobility Solutions Private Limited (OPC), Easy Green Mobility Private Limited, Xtracteco Private Limited and 5 more, all in the Automobiles industry (Electric and Bio Fuel Vehicles).
Kayvan Paragbhai Shah was appointed as Director on 16 Nov 2019. Raj Anupam was appointed as Director on 16 Nov 2019.
Yes, MCS Cargar is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).