M. G. Bakers Private Limited

M. G. Bakers Private Limited - travel and hospitality in Mohali, Punjab, India. FY 2026 financials & compliance.
CIN U15410PB2007PTC054245 Incorporated 05 April 2007 ROC Chandigarh HQ Mohali, Punjab, India
Active Private Limited Company travel and hospitality
Data last updated
Revenue · FY 2025
₹180.03 Cr
▲ 17% YoY
Net profit · FY 2025
₹8.62 Cr
Net margin 4.8%
EBITDA · FY 2025
₹26.84 Cr
EBITDA margin 14.9%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹19.04 Lakh
Issued & subscribed
Open charges
₹124.69 Cr
Satisfied ₹41.01 Cr
Company age
19 yrs
Est. 2007
Employees · EPFO
1,013
Provident fund records

About M. G. Bakers Private Limited

Data last updated:

M. G. Bakers Private Limited is a private limited company based in Mohali, Punjab, India. It operates in the restaurants and dining services segment of the travel and hospitality sector. It was incorporated on 05 April 2007 and has been in existence for over 19 years.

The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U15410PB2007PTC054245. Its GSTIN is 03AAFCM0280N1ZI (Punjab). The company holds 9 GST registrations, of which 8 are active.

The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹19.04 Lakh. It is led by directors including Vinod Mittal (Managing Director) and Nittin Mittal (Whole-Time Director).

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 B – 29 Industrial Area Phase – 3 S.A.S. Nagar, Mohali, Punjab, India – 160055.

As per the financials filed for FY 2025, the company reported a revenue of ₹180.03 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹8.62 Cr (net margin 4.8%) and EBITDA of ₹26.84 Cr (EBITDA margin 14.9%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 18% over five years.

The company has about 1,013 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Nik Baker's. As per MCA filings, the company has open charges of ₹124.69 Cr and satisfied charges of ₹41.01 Cr on record. Court records list 20 cases involving the company, including 9 filed by the company and 10 filed against it; 16 cases are pending. The company has 9 deals on record (5 secondary share transfers, 3 funding rounds, 1 acquisition), with disclosed funding of ₹74.5 Lakh; the latest was in March 2021. Its 10 peer companies in the Consumer Services industry (Confectionery and Bakery Products, Restaurants) are compared by revenue, 5 larger and 5 smaller; the largest is Avadh Snacks Private Limited. The company has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 3 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 nikbakers.com.

Company Details of M. G. Bakers Private Limited
CIN U15410PB2007PTC054245
Registration Number 054245
Incorporation Date 05 April 2007
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
    Locked
  • Registered Address
    B – 29 Industrial Area Phase – 3 S.A.S. Nagar, Mohali, Punjab, India – 160055
  • Industry
    Travel and Hospitality, Restaurants & Dining Services
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Financials, compliance, directors, charges, ownership and filings for M. G. Bakers Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of M. G. Bakers Private Limited

The main business activity of M. G. Bakers is manufacturing. In detail, this covers food, beverages and tobacco products.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
CManufacturingC1Food, beverages and tobacco productsLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

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Financials of M. G. Bakers Private Limited FY 2024 filings available

M. G. Bakers Private Limited reported revenue of ₹180.03 Cr (up 17% YoY) for FY 2025.

Revenue · FY 2025
₹180.03 Cr ▲ 17%
Net profit · FY 2025
₹8.62 Cr margin 4.8%
EBITDA · FY 2025
₹26.84 Cr margin 14.9%

Compounded Annual Growth Rate (CAGR) of M. G. Bakers Private Limited

Revenue CAGR growth
1 year
▲ 17%
3 years · compounded
▲ 18%
5 years · compounded
▲ 18%
EBITDA CAGR growth
1 year
▲ 24%
3 years · compounded
▼ 5%
5 years · compounded
▲ 8%

Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 17% growth in the latest year. EBITDA rose 24% 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 M. G. Bakers Private Limited

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹26.84 Cr••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹8.62 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 of M. G. Bakers Private Limited

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin14.9%••••••••••••••••
Net Profit Margin4.8%••••••••••••••••
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 M. G. Bakers are in the company report.

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Financial statements from 2015

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Peer Comparison of M. G. Bakers Private Limited

M. G. Bakers Private Limited is compared with the companies closest to it by revenue in the Consumer Services industry (Confectionery and Bakery Products, Restaurants). Revenue, net profit, margin and growth of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Avadh Snacks Private Limited••••••••••••••••377Nikava, Gujarat, India
Bauli India Bakes & Sweets Private Limited••••••••••••••••165Baramati, Maharashtra, India
Olive Bar & Kitchen Private Limited••••••••••••••••774Mumbai, Maharashtra, India
Shree Ganesh Bakery Nandani Private Limited••••••••••••••••194Nandini, Maharashtra, India
Mahavir Namkeens Private Limited••••••••••••••••264Surat, Gujarat, India
M. G. Bakers Private Limited this company••••••••••••••••-Mohali, Punjab, India
Azure Hospitality Private Limited••••••••••••••••430New Delhi, Delhi, India
Surya Biscuit Industries Private Limited••••••••••••••••150East Delhi, Delhi, India
SWG Consumer Care Private Limited••••••••••••••••-Hyderabad, Telangana, India
Oriental Yeast India Private Limited••••••••••••••••190Khandala Bawada., Maharashtra, India
Pladis India Private Limited••••••••••••••••103Gurgaon, Haryana, India

Peers are the five companies nearest above and the five nearest below M. G. Bakers by revenue in the Consumer Services industry (Confectionery and Bakery Products, Restaurants), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.

Auditor Details of M. G. Bakers Private Limited

M. G. Bakers Private Limited is audited by P.K.VASUDEVA & CO. for the financial year 2023.

NameStatusAppointment DateCessation Date
P.K.VASUDEVA & CO.LockedLockedLocked
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Board of Directors of M. G. Bakers Private Limited

M. G. Bakers has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Nittin MittalWhole-Time Director05 Apr 200719 Years 6 MonthsCurrent
Vinod MittalManaging Director05 Apr 200719 Years 6 MonthsCurrent
Nikhil MittalWhole-Time Director05 Apr 200719 Years 6 MonthsCurrent

Ownership and Shareholding of M. G. Bakers Private Limited

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Charges & Borrowings of M. G. Bakers Private Limited

Open charges
₹124.69 Cr
Satisfied charges
₹41.01 Cr
Breakdown by lending institutions
Axis Bank Limited₹62.82 Cr
Hdfc Bank Limited₹41.29 Cr
Others₹20.58 Cr
Latest charge details
DateLenderAmountStatus
28 Oct 2025Others₹3.56 CrOpen
20 May 2025Others₹2.62 CrOpen
03 Dec 2024Hdfc Bank Limited₹2.7 CrOpen
07 Nov 2024Axis Bank Limited₹62.82 CrOpen
30 May 2023Hdfc Bank Limited₹1.59 CrOpen

Total charge records: 31 View all charges

Deals & Funding of M. G. Bakers Private Limited

M. G. Bakers Private Limited has 9 deals on record (5 secondary share transfers, 3 funding rounds, 1 acquisition), with disclosed funding of ₹74.5 Lakh; the latest was in March 2021.

Total deals
9
Secondary share transfers
5
Funding rounds
3
Acquisition
1
Disclosed funding
₹74.5 Lakh

Deals on record (5 of 9)

WhenDealAmountParties
Mar 2021Secondary share transferUndisclosedBuyer: 2 individuals
Seller: an individual
Feb 2019Secondary share transferUndisclosedBuyer: 3 individuals
Seller: an individual
Mar 2015Funding round₹45.5 LakhInvestors: an individual
Dec 2014Secondary share transferUndisclosedBuyer: 3 individuals
Seller: 4 individuals
Mar 2014Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME Payment Delays by M. G. Bakers Private Limited

M. G. Bakers Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 3 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
an individual supplier••••••••••••
an individual supplier••••••••••••
Uflex Limited••••••••••••
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Full MSME payment history

Every supplier, amount and due date from all 1 MSME Form 1 returns is in the company report.

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Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.

Associated Brands with M. G. Bakers Private Limited

M. G. Bakers operates one associated brand: Nik Baker's. Each brand links to its own profile.

BrandDescriptionWebsite
Chocolates, cakes, cookies, and bakery products are manufactured.nikbakers.com

Employees and EPFO Compliance at M. G. Bakers Private Limited

M. G. Bakers Private Limited has a workforce of 1,013 employees as of Mar 30, 2024.

Employee count
1,013
Active EPFO establishments
1
Employee growth
46.39%
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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CIN History of M. G. Bakers Private Limited

M. G. Bakers has one previous CIN (Corporate Identification Number): U15410CH2007PTC030768. The current CIN is U15410PB2007PTC054245, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U15410PB2007PTC054245Current
U15410CH2007PTC030768Previous

Recent Activity on M. G. Bakers Private Limited

M. G. Bakers Private Limited has 7 board changes on record since 2007: 3 appointments and 4 cessations. The latest: Vinod Mittal ceased to be Director on 01 Feb 2012.

Charges
A charge registered on 09 Sep 2024 via Charge ID 100985991 with Hdfc Bank Limited was fully satisfied on 27 Nov 2025.
Charges
A charge with Axis Bank Limited of Rs. 6,282.00 Lakh registered on 07 Nov 2024 with Charge ID 101005047 was modified on 20 Nov 2025.
Charges
A charge with Others amounted to Rs. 356.00 Lakh with Charge ID 101173011 was registered on 28 Oct 2025.
Charges
A charge with Others amounted to Rs. 262.00 Lakh with Charge ID 101096625 was registered on 20 May 2025.
Charges
A charge registered on 28 Jul 2023 via Charge ID 100756561 with Others was fully satisfied on 10 Mar 2025.
Charges
A charge registered on 18 Jan 2023 via Charge ID 100672660 with Others was fully satisfied on 05 Dec 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 270.00 Lakh with Charge ID 101017449 was registered on 03 Dec 2024.
Charges
A charge with Axis Bank Limited amounted to Rs. 6,282.00 Lakh with Charge ID 101005047 was registered on 07 Nov 2024.
AGM
M. G. Bakers Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 920.00 Lakh with Charge ID 100985991 was registered on 09 Sep 2024.
Filing
M. G. Bakers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.
Charges
A charge with Hdfc Bank Limited of Rs. 3,700.00 Lakh registered on 31 May 2017 with Charge ID 100107375 was modified on 01 Aug 2023.

59 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for M. G. Bakers Private Limited

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Subsidiaries & Group Companies of M. G. Bakers Private Limited

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GST Compliance of M. G. Bakers Private Limited

M. G. Bakers has 9 GST registrations: 8 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
9
Active
8
Cancelled / inactive
1
GSTINStateStatusRegistered on
03AAFCM0280N1ZIPunjabActive01 Jul 2017
03AAFCM0280N2ZHPunjabActive28 May 2019
06AAFCM0280N1ZCHaryanaActive01 Jul 2017
07AAFCM0280N1ZADelhiActive01 Jul 2017
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GST registrations and filing compliance

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MCA Filings & Documents of M. G. Bakers Private Limited

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Frequently Asked Questions about M. G. Bakers Private Limited

M. G. Bakers is an active private limited company based in Mohali, Punjab, India. The company works in restaurants and dining services, within the travel and hospitality industry. It was incorporated on 05 April 2007 (19+ years old) and is registered under CIN U15410PB2007PTC054245.

M. G. Bakers reported revenue of ₹180.03 Cr for FY 2025 (up 17% YoY).

M. G. Bakers has 3 current directors:

M. G. Bakers reported a net profit of ₹8.62 Cr (net margin 4.8%) and EBITDA of ₹26.84 Cr (EBITDA margin 14.9%) for FY 2025, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of M. G. Bakers is 18% over three years and 18% over five years. In the latest year (FY 2025) revenue rose 17%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of M. G. Bakers is 03AAFCM0280N1ZI, registered in Punjab. The company has 9 GST registrations in all, of which 8 are active and 1 is cancelled or inactive. Other active GSTINs include 03AAFCM0280N2ZH (Punjab), 06AAFCM0280N1ZC (Haryana), 07AAFCM0280N1ZA (Delhi).

The CIN (Corporate Identification Number) of M. G. Bakers is U15410PB2007PTC054245. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

M. G. Bakers has 20 court cases on record: 9 filed by the company and 10 filed against it. 16 are pending. Most are in the district courts.

M. G. Bakers was incorporated on 05 April 2007, making it 19+ years old. It is registered with the Registrar of Companies, Chandigarh.

M. G. Bakers has 9 deals on record (5 secondary share transfers, 3 funding rounds, 1 acquisition), with disclosed funding of ₹74.5 Lakh; the latest was in March 2021.

The peers of M. G. Bakers by revenue are Avadh Snacks Private Limited, Bauli India Bakes & Sweets Private Limited, Olive Bar & Kitchen Private Limited, Shree Ganesh Bakery Nandani Private Limited, Mahavir Namkeens Private Limited and 5 more, all in the Consumer Services industry (Confectionery and Bakery Products, Restaurants).

Vinod Mittal ceased to be Director on 01 Feb 2012. Ankit Gupta ceased to be Director on 10 Sep 2011. Nikhil Mittal ceased to be Director on 01 Oct 2009. M. G. Bakers has 7 board changes on record in total.

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