MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-18-0012547
MG Consulting Private Limited - business outsourcing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹15.81 Cr
▼ 0.29% YoY
Net profit · FY 2025
₹3.6 Cr
Net margin 22.8%
EBITDA · FY 2025
₹6.23 Cr
EBITDA margin 39.4%
Authorised capital
₹75 Lakh
Registered with MCA
Paid-up capital
₹18.86 Lakh
Issued & subscribed
Satisfied charges
₹3.48 Cr
No open charges
Company age
33 yrs
Est. 1993
Employees · EPFO
26
Provident fund records
About MG Consulting Private Limited
Data last updated:
MG Consulting Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 17 September 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65920MH1993PTC074001. Its GSTIN is 27AAACN3292Q1ZW (Maharashtra).
The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹18.86 Lakh. It was formerly known as Mg Corporate Advisors Private Limited and Naitik Leasing and Finance Private Limited. It is led by directors Varsha Mannish Ghia and Mannish Lalitchandra Ghia.
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 4 Chandan Niwas 1st Floor Mathuradas Visanji Rd Behind Andheri Gymkhana Andheri (East), Mumbai, Maharashtra, India – 400069.
As per the financials filed for FY 2025, the company reported a revenue of ₹15.81 Cr. For the same year it recorded a net profit of ₹3.6 Cr (net margin 22.8%) and EBITDA of ₹6.23 Cr (EBITDA margin 39.4%). Revenue has grown at a compounded annual rate (CAGR) of 35% over three years and 26% over five years.
The company has about 26 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹3.48 Cr on record.
MG Consulting Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0012547). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mgconsulting.in.
Company details
CIN U65920MH1993PTC074001
Registration Number 074001
Incorporation Date 17 September 1993
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-18-0012547
Name history
MG Consulting has undergone 2 name changes throughout its history. The company was previously known as Mg Corporate Advisors Private Limited, and Naitik Leasing And Finance Private Limited. The current legal name is Mg Consulting Private Limited.
| Company Name | Status |
|---|---|
| MG Consulting Private Limited | Current |
| Mg Corporate Advisors Private Limited | Previous |
| Naitik Leasing And Finance Private Limited | Previous |
Recognitions & Rankings of MG Consulting
Contact details
MG Consulting Private Limited's registered office is in Mumbai, Maharashtra. Its website is mgconsulting.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address4 Chandan Niwas 1st Floor Mathuradas Visanji Rd Behind Andheri Gymkhana Andheri (East), Mumbai, Maharashtra, India – 400069
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of MG Consulting Private Limited, buy the company report.
Comprehensive company report
MG Consulting 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of MG Consulting is professional, scientific and technical activities. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, scientific and technical activities | 74 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of MG Consulting Private Limited, buy the company report.
Financials of MG Consulting Private Limited
FY 2024 filings availableMG Consulting Private Limited reported revenue of ₹15.81 Cr for FY 2025.
Revenue · FY 2025
₹15.81 Cr
Net profit · FY 2025
₹3.6 Cr margin 22.8%
EBITDA · FY 2025
₹6.23 Cr margin 39.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
3 years · compounded
▲ 35%
5 years · compounded
▲ 26%
EBITDA CAGR growth
3 years · compounded
▲ 71%
5 years · compounded
▲ 44%
Revenue has grown at a compounded annual rate (CAGR) of 26% over five years. 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | ₹6.23 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.6 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 39.4% | ||||
| Net Profit Margin | 22.8% | ||||
| 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 | |||||
To see the full financial statements and ratios of MG Consulting Private Limited, buy the company report.
Board of directors of MG Consulting Private Limited
MG Consulting has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Varsha Mannish Ghia | Director | 01 Sep 2003 | 23 Years 1 Months | Current |
| Mannish Lalitchandra Ghia Also directs: M K B Agro Private Limited, Sca South Asia Petrochemicals Private Limited, Mevarick Merchant Bankers Private Limited and 4 more | Director | 01 Oct 1993 | 33 Years 0 Months | Current |
Auditor
MG Consulting Private Limited is audited by Rashmi Modi & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Rashmi Modi & Co. | FY 2023 | 37520 |
Shareholding
The shareholding of MG Consulting Private 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of MG Consulting Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹3.48 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Sep 2014 | 10530646 | Aditya Birla Finance Limited | ₹3.48 Cr | Satisfied |
To see the full charge records of MG Consulting Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving MG Consulting Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for MG Consulting Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
MG Consulting Private Limited has a workforce of 26 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
26
Active EPFO establishments
1
Employee growth
23.81%
GST
MG Consulting has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACN3292Q1ZW | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of MG Consulting Private Limited, buy the company report.
Recent activity
MG Consulting Private Limited has 8 board changes on record since 1993: 5 appointments and 3 cessations. The latest: Priya Rajesh Ghia ceased to be Director on 01 Mar 2023.
AGM
Mg Consulting Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Mg Consulting Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Ceased
Priya Rajesh Ghia ceased to be Director.
Ceased
Sachin Rathod ceased to be Director.
Ceased
Shyamal Shashikant Mehta ceased to be Director.
Appointed
Shyamal Shashikant Mehta was appointed as Director.
Appointed
Priya Rajesh Ghia was appointed as Director.
Appointed
Sachin Rathod was appointed as Director.
Charges
A charge registered on 26 Sep 2014 via Charge ID 10530646 with Aditya Birla Finance Limited was fully satisfied on 10 May 2016.
Charges
A charge with Aditya Birla Finance Limited amounted to Rs. 348.00 Lakh with Charge ID 10530646 was registered on 26 Sep 2014.
Appointed
Varsha Mannish Ghia was appointed as Director.
Appointed
Mannish Lalitchandra Ghia was appointed as Director.
1 earlier event is in the company report.
Frequently asked questions
MG Consulting is an active private limited company based in Mumbai, Maharashtra, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 17 September 1993 (33+ years old) and is registered under CIN U65920MH1993PTC074001.
MG Consulting has 2 current directors:
- Varsha Mannish Ghia - Director
- Mannish Lalitchandra Ghia - Director
The latest financial statements of MG Consulting 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 2015 are in the company report.
The GSTIN of MG Consulting is 27AAACN3292Q1ZW, registered in Maharashtra.
The CIN (Corporate Identification Number) of MG Consulting is U65920MH1993PTC074001. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MG Consulting was incorporated on 17 September 1993, making it 33+ years old. It is registered with the Registrar of Companies, Mumbai.
Priya Rajesh Ghia ceased to be Director on 01 Mar 2023. Sachin Rathod ceased to be Director on 01 Mar 2023. Shyamal Shashikant Mehta ceased to be Director on 01 Mar 2023. MG Consulting has 8 board changes on record in total.
Yes, MG Consulting is registered as a small enterprise under Udyam registration (number: UDYAM-MH-18-0012547).
MG Consulting can be reached through the website mgconsulting.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of MG Consulting is at 4 Chandan Niwas 1st Floor Mathuradas Visanji Rd Behind Andheri Gymkhana Andheri East, Mumbai, Maharashtra, India – 400069.