Mecon Limited - engineering in Ranchi, Jharkhand, India. FY 2026 financials & compliance.
CIN U74140JH1973GOI001199 Incorporated 31 March 1973 ROC Ranchi HQ Ranchi, Jharkhand, India
Active Private Limited Union Government Company engineering
Data last updated
Revenue · FY 2024
₹1,063.28 Cr
▲ 12% YoY
Net profit · FY 2024
₹24.52 Cr
Net margin 2.3%
EBITDA · FY 2024
₹67.5 Cr
EBITDA margin 6.3%
Authorised capital
₹104 Cr
Registered with MCA
Paid-up capital
₹40.14 Cr
Issued & subscribed
Open charges
₹330 Cr
Secured borrowings
Company age
53 yrs
Est. 1973
Employees · EPFO
1,354
Provident fund records

About Mecon Limited

Data last updated:

Mecon Limited is a private limited union government company based in Ranchi, Jharkhand, India. It operates in the engineering design and consultancy segment of the engineering sector. It was incorporated on 31 March 1973 and has been in existence for over 53 years.

The company is registered with the Registrar of Companies (ROC), Ranchi, under CIN U74140JH1973GOI001199. Its GSTIN is 20AACCM2119B1ZG (Jharkhand). The company holds 34 GST registrations, of which 26 are active.

The company has an authorised share capital of ₹104 Cr and a paid-up capital of ₹40.14 Cr. It was formerly known as Metallurgical & Engineering Consultants (India) Limited. It is led by directors including Sanjay Kumar Verma (Managing Director) and Mukesh Kumar (Whole-Time Director).

Its last annual general meeting (AGM) was held on 30 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mecon Limited P.O. – & P.S. – Doranda Ranchi, Jharkhand, India – 834002.

As per the financials filed for FY 2024, the company reported a revenue of ₹1,063.28 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹24.52 Cr (net margin 2.3%) and EBITDA of ₹67.5 Cr (EBITDA margin 6.3%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 15% over five years.

The company has about 1,354 employees on its provident fund (EPFO) records.

The company is associated with 3 brands: Mecon Ltd, MECON and New Leaf Advisors. As per MCA filings, the company has open charges of ₹330 Cr on record. Court records list 429 cases involving the company, including 181 filed by the company and 248 filed against it; 64 cases are pending. The company has 7 deals on record (5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹100.72 Cr; the latest was in March 2016. The company has 3 MSME Form 1 returns on record for the period ending Sep 2019, listing 4 overdue payments to 3 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 meconlimited.co.in.

Company details

CIN U74140JH1973GOI001199
Registration Number 001199
Incorporation Date 31 March 1973
ROC Ranchi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 August 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant

CIN history

Mecon has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U74140JH1973GOI001199, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U74140JH1973GOI001199Current
U99999BR1973GOI001199Previous
U74140BR1973GOI001199Previous

Contact details

Mecon Limited's registered office is in Ranchi, Jharkhand. Its website is meconlimited.co.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    Mecon Limited P.O. – & P.S. – Doranda Ranchi, Jharkhand, India – 834002
  • Industry
    Engineering, Engineering Design & Consultancy, Engineering, Procurement & Construction (EPC)

To see the full contact details of Mecon Limited, buy the company report.

Comprehensive company report
Mecon 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

Mecon operates multiple associated brands including Mecon Ltd, MECON, and New Leaf Advisors. Each brand links to its own profile.

BrandDescriptionWebsite
Offers painting, laser cleaning, and surface preparation services nationwide.mecon-ltd.com
Consultancy, engineering, and project management services for metals, power, oil and gas, and infrastructure sectors in India.meconlimited.co.in
Consulting services in financial advisory, business advisory, and legal and secretarial support.newleafadvisors.in

Business activity

The main business activities of Mecon are professional, scientific and technical and construction. 4 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, Scientific and TechnicalM3Management consultancy activities
FConstructionF3Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities
MProfessional, Scientific and TechnicalM9Other professional, scientific and technical activities
MProfessional, Scientific and TechnicalM4Architecture, engineering activities, technical testing and analysis activities

To see the full business activity and turnover split of Mecon Limited, buy the company report.

Financials of Mecon Limited

FY 2025 filings available

Mecon Limited reported revenue of ₹1,063.28 Cr (up 12% YoY) for FY 2024.

Revenue · FY 2024
₹1,063.28 Cr ▲ 12%
Net profit · FY 2024
₹24.52 Cr margin 2.3%
EBITDA · FY 2024
₹67.5 Cr margin 6.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 12%
3 years · compounded
▲ 10%
5 years · compounded
▲ 15%
EBITDA CAGR growth
1 year
▲ 55%
3 years · compounded
▲ 36%
5 years · compounded
▲ 29%

Revenue has grown at a compounded annual rate (CAGR) of 15% over five years, including 12% growth in the latest year. EBITDA rose 55% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹67.5 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹24.52 Cr
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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin6.3%
Net Profit Margin2.3%
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

To see the full financial statements and ratios of Mecon Limited, buy the company report.

Board of directors of Mecon Limited

Mecon has 6 current directors and 50 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Mukesh KumarWhole-Time Director07 Dec 20223 Years 10 MonthsCurrent
Sanjay Kumar VermaManaging Director15 Jan 20206 Years 9 MonthsCurrent
Amit RajWhole-Time Director31 Aug 20233 Years 1 MonthsCurrent
Vinod Kumar TripathiNominee Director12 Jun 20251 Years 4 MonthsCurrent
Daya Nidhan PandeyNominee Director12 Jun 20251 Years 4 MonthsCurrent
Jayant Kumar JhaWhole-Time Director07 Mar 20251 Years 7 MonthsCurrent

Auditor

Mecon Limited is audited by K. Pandeya & Co. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
K. Pandeya & Co.FY 2023000135C

Shareholding

The shareholding of Mecon Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Mecon Limited, buy the company report.

Charges & borrowings

Open charges
₹330 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹270.00 Cr
State Bank of India₹60.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
29 Sep 2018100252531Others₹270 CrOpen
11 Jan 201210334319State Bank of India₹60 CrOpen

Total charge records: 2 View all charges

Deals & funding

Mecon Limited has 7 deals on record (5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹100.72 Cr; the latest was in March 2016.

Total deals
7
Secondary share transfers
5
Funding rounds
2
Disclosed funding
₹100.72 Cr

Deals on record (5 of 7)

WhenDealAmountParties
Mar 2016Secondary share transferUndisclosedSeller: President Of India
Mar 2015Secondary share transferUndisclosedSeller: President Of India
Dec 2013Secondary share transferUndisclosedSeller: President Of India
Dec 2012Secondary share transferUndisclosedSeller: President Of India
Dec 2011Secondary share transferUndisclosedSeller: President Of India

To see the full deal history of Mecon Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Mecon Limited was last rated by Icra on 31 Dec 2021.

Rating agencyRated onRating
Icra31 Dec 2021

To see the full credit ratings and regulatory alerts of Mecon Limited, buy the company report.

MSME payment delays

Mecon Limited has 3 MSME Form 1 returns on record for the period ending Sep 2019, listing 4 overdue payments to 3 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 (3 of 3)

SupplierAmount dueDue sinceReported on
SG Power Projects Private Limited
Theotech Project Services Private Limited
Ani Comp

To see the full MSME payment records of Mecon Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Mecon Limited has a workforce of 1,354 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.

Employee count
1,354
Active EPFO establishments
1
Employee growth
-7.95%

GST

Mecon has 34 GST registrations: 26 active and 8 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
34
Active
26
Cancelled / inactive
8
GSTINStateStatusRegistered on
20AACCM2119B1ZGJharkhandActive01 Jul 2017
20AACCM2119B1DPJharkhandActive29 Oct 2018
07AACCM2119B1Z4DelhiActive01 Jul 2017
19AACCM2119B1ZZWest BengalActive01 Jul 2017

To see the full GST registrations and return filing status of Mecon Limited, buy the company report.

Recent activity

Mecon Limited has 104 board changes on record since 2004: 55 appointments and 49 cessations. The latest: Pradumn Kumar Dixit ceased to be Whole-Time Director on 01 Nov 2025.

Ceased
Pradumn Kumar Dixit ceased to be Whole-Time Director.
AGM
Mecon Limited last Annual general meeting of members was held on 30 Aug 2025 as per latest MCA records.
Appointed
Daya Nidhan Pandey was appointed as Nominee Director.
Appointed
Vinod Kumar Tripathi was appointed as Nominee Director.
Ceased
Sanjay Roy ceased to be Nominee Director.
Filing
Mecon Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ranchi.
Appointed
Jayant Kumar Jha was appointed as Whole-Time Director.
Ceased
Sukriti Likhi ceased to be Nominee Director.
Ceased
Ajit Kumar Saxena ceased to be Managing Director.
Appointed
Pradumn Kumar Dixit was appointed as Whole-Time Director.
Appointed
Amit Raj was appointed as Whole-Time Director.
Appointed
Ajit Kumar Saxena was appointed as Managing Director.

97 earlier events are in the company report.

Frequently asked questions

Mecon is an active private limited union government company based in Ranchi, Jharkhand, India. The company works in engineering design and consultancy, within the engineering industry. It was incorporated on 31 March 1973 (53+ years old) and is registered under CIN U74140JH1973GOI001199.

Mecon has 6 current directors:

The latest financial statements of Mecon on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 August 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Mecon is 20AACCM2119B1ZG, registered in Jharkhand. The company has 34 GST registrations in all, of which 26 are active and 8 are cancelled or inactive. Other active GSTINs include 20AACCM2119B1DP (Jharkhand), 07AACCM2119B1Z4 (Delhi), 19AACCM2119B1ZZ (West Bengal).

The CIN (Corporate Identification Number) of Mecon is U74140JH1973GOI001199. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Mecon has 429 court cases on record: 181 filed by the company and 248 filed against it. 64 are pending. Most are in the high courts.

Mecon was incorporated on 31 March 1973, making it 53+ years old. It is registered with the Registrar of Companies, Ranchi.

Mecon has 7 deals on record (5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹100.72 Cr; the latest was in March 2016.

Pradumn Kumar Dixit ceased to be Whole-Time Director on 01 Nov 2025. Daya Nidhan Pandey was appointed as Nominee Director on 12 Jun 2025. Vinod Kumar Tripathi was appointed as Nominee Director on 12 Jun 2025. Mecon has 104 board changes on record in total.

Mecon has 3 MSME Form 1 returns on record for the period ending Sep 2019, listing 4 overdue payments to 3 micro and small suppliers. The latest return was filed on 17 Nov 2019.

Mecon can be reached through the website meconlimited.co.in. Its registered office is in Ranchi, Jharkhand, India.