MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-HR-04-0000953
MG Cabinets Private Limited - consumer electronics & durables in Fatehabad, Haryana, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹11.13 Cr
▲ 13% YoY
Net profit · FY 2024
₹13.08 Lakh
Net margin 1.2%
EBITDA · FY 2024
₹61.92 Lakh
EBITDA margin 5.6%
Authorised capital
₹35 Lakh
Registered with MCA
Paid-up capital
₹31.07 Lakh
Issued & subscribed
Open charges
₹2.41 Cr
Satisfied ₹34.14 Lakh
Company age
7 yrs
Est. 2019
Directors on board
3
As per MCA filings
About MG Cabinets Private Limited
Data last updated:
MG Cabinets Private Limited is a private limited company based in Fatehabad, Haryana, India. It operates in the furniture manufacturing segment of the consumer electronics and durables sector. It was incorporated on 26 July 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Haryana, under CIN U36999HR2019PTC081655. Its GSTIN is 06AAMCM8408K1Z1 (Haryana).
The company has an authorised share capital of ₹35 Lakh and a paid-up capital of ₹31.07 Lakh. It is led by directors including Mohit Kumar Gagneja and Harbhajan Lal.
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 80/16 25 7 Mile Stone Near Shiv Mandir Bhuna Fatehabad Road Majra, Haryana, India – 125050.
As per the financials filed for FY 2024, the company reported a revenue of ₹11.13 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹13.08 Lakh (net margin 1.2%) and EBITDA of ₹61.92 Lakh (EBITDA margin 5.6%). Revenue has grown at a compounded annual rate (CAGR) of 32% over three years.
As per MCA filings, the company has open charges of ₹2.41 Cr and satisfied charges of ₹34.14 Lakh on record. Court records list 2 cases involving the company, including 2 filed by the company.
MG Cabinets Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-04-0000953). For more details, the company can be reached via its website mgcabinets.in.
Company details
CIN U36999HR2019PTC081655
Registration Number 081655
Incorporation Date 26 July 2019
ROC Haryana
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
MSME Classification Small
Udyam Registration UDYAM-HR-04-0000953
Recognitions & Rankings of MG Cabinets
Contact details
MG Cabinets Private Limited's registered office is in Fatehabad, Haryana. Its website is mgcabinets.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address80/16 25 7 Mile Stone Near Shiv Mandir Bhuna Fatehabad Road Majra, Haryana, India – 125050
- IndustryConsumer Electronics & Durables, Furniture Manufacturing
To see the full contact details of MG Cabinets Private Limited, buy the company report.
Comprehensive company report
MG Cabinets 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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Business activity
The main business activity of MG Cabinets is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of MG Cabinets Private Limited, buy the company report.
Financials of MG Cabinets Private Limited
FY 2024 filings availableMG Cabinets Private Limited reported revenue of ₹11.13 Cr (up 13% YoY) for FY 2024.
Revenue · FY 2024
₹11.13 Cr ▲ 13%
Net profit · FY 2024
₹13.08 Lakh margin 1.2%
EBITDA · FY 2024
₹61.92 Lakh margin 5.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 13%
3 years · compounded
▲ 32%
EBITDA CAGR growth
1 year
▲ 25%
3 years · compounded
▲ 28%
Revenue has grown at a compounded annual rate (CAGR) of 32% over three years, including 13% growth in the latest year. EBITDA rose 25% 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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| Total Expenses | |||||
| EBITDA | ₹61.92 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹13.08 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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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 | 5.6% | ||||
| Net Profit Margin | 1.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of MG Cabinets Private Limited, buy the company report.
Board of directors of MG Cabinets Private Limited
MG Cabinets has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohit Kumar Gagneja | Director | 26 Jul 2019 | 7 Years 3 Months | Current |
| Harbhajan Lal | Director | 26 Jul 2019 | 7 Years 3 Months | Current |
| Satish Kumar | Director | 26 Jul 2019 | 7 Years 3 Months | Current |
Auditor
MG Cabinets Private Limited is audited by LOVELY GARG & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| LOVELY GARG & CO | FY 2020 | 034252N |
Shareholding
The shareholding of MG Cabinets Private Limited is on record for FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of MG Cabinets Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2.41 Cr
Satisfied charges
₹34.14 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Jul 2024 | 100952280 | Others | ₹20 Lakh | Open | |
| 06 Nov 2019 | 100301738 | Axis Bank Limited | ₹2.21 Cr | Open | |
| 23 Nov 2021 | 100509967 | Hdfc Bank Limited | ₹15 Lakh | Satisfied | |
| 28 Dec 2020 | 100404094 | Hdfc Bank Limited | ₹5.07 Lakh | Satisfied | |
| 27 Jul 2020 | 100360312 | Hdfc Bank Limited | ₹14.07 Lakh | Satisfied |
To see the full charge records of MG Cabinets Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
MG Cabinets Private Limited has 2 court cases on record: 2 filed by MG Cabinets. All cases are disposed.
Total cases
2
Filed by the company
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Fatehabad, Haryana | Cheque dishonour complaint | Filed by the company against Sohan Lal Amit Kumar and Sons 619 | Disposed |
| District court, Fatehabad, Haryana | Cheque dishonour complaint | Filed by the company against an individual | Disposed |
To see the full case history of MG Cabinets Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for MG Cabinets Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
MG Cabinets has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAMCM8408K1Z1 | Haryana | Active | 28 Aug 2019 |
To see the full GST registrations and return filing status of MG Cabinets Private Limited, buy the company report.
Recent activity
MG Cabinets Private Limited has 3 board changes on record since 2019: 3 appointments. The latest: Harbhajan Lal was appointed as Director on 26 Jul 2019.
AGM
Mg Cabinets Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge registered on 23 Nov 2021 via Charge ID 100509967 with Hdfc Bank Limited was fully satisfied on 21 Aug 2024.
Charges
A charge registered on 28 Dec 2020 via Charge ID 100404094 with Hdfc Bank Limited was fully satisfied on 21 Aug 2024.
Charges
A charge with Others amounted to Rs. 20.00 Lakh with Charge ID 100952280 was registered on 08 Jul 2024.
Filing
Mg Cabinets Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Haryana.
Charges
A charge with Axis Bank Limited of Rs. 220.54 Lakh registered on 06 Nov 2019 with Charge ID 100301738 was modified on 25 Feb 2023.
Charges
A charge registered on 27 Jul 2020 via Charge ID 100360312 with Hdfc Bank Limited was fully satisfied on 30 Nov 2021.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 15.00 Lakh with Charge ID 100509967 was registered on 23 Nov 2021.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 5.07 Lakh with Charge ID 100404094 was registered on 28 Dec 2020.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 14.07 Lakh with Charge ID 100360312 was registered on 27 Jul 2020.
Charges
A charge with Axis Bank Limited amounted to Rs. 220.54 Lakh with Charge ID 100301738 was registered on 06 Nov 2019.
Appointed
Harbhajan Lal was appointed as Director.
3 earlier events are in the company report.
Frequently asked questions
MG Cabinets is an active private limited company based in Fatehabad, Haryana, India. The company works in furniture manufacturing, within the consumer electronics and durables industry. It was incorporated on 26 July 2019 (7+ years old) and is registered under CIN U36999HR2019PTC081655.
MG Cabinets has 3 current directors:
- Mohit Kumar Gagneja - Director
- Harbhajan Lal - Director
- Satish Kumar - Director
The latest financial statements of MG Cabinets 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 2020 are in the company report.
The GSTIN of MG Cabinets is 06AAMCM8408K1Z1, registered in Haryana.
The CIN (Corporate Identification Number) of MG Cabinets is U36999HR2019PTC081655. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MG Cabinets has 2 court cases on record: 2 filed by the company.
MG Cabinets was incorporated on 26 July 2019, making it 7+ years old. It is registered with the Registrar of Companies, Haryana.
Harbhajan Lal was appointed as Director on 26 Jul 2019. Mohit Kumar Gagneja was appointed as Director on 26 Jul 2019. Satish Kumar was appointed as Director on 26 Jul 2019.
Yes, MG Cabinets is registered as a small enterprise under Udyam registration (number: UDYAM-HR-04-0000953).
MG Cabinets can be reached through the website mgcabinets.in. Its registered office is in Fatehabad, Haryana, India.
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