MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-23-0117473
MG Electrica Limited - machinery and equipment in Nashik, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹3.34 Cr
Latest filing
Net profit · FY 2025
₹14 Lakh
Net margin 4.2%
EBITDA · FY 2025
₹18.62 Lakh
EBITDA margin 5.6%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹5 Cr
Issued & subscribed
Open charges
₹19.85 Cr
Secured borrowings
Company age
13 yrs
Est. 2013
Directors on board
3
As per MCA filings
About MG Electrica Limited
Data last updated:
MG Electrica Limited is a public limited company based in Nashik, Maharashtra, India. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 18 March 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U31908MH2013PLC241070. Its GSTIN is 27AAICM5112G1ZN (Maharashtra).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹5 Cr. It was formerly known as Mg Electrica Private Limited. It is led by directors including Mukesh Jayantiprasad Gupta (Managing Director) and Ritu Mukesh Gupta (Whole-Time Director).
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 Plot No C – 13/1 MIDC Satpur, Nashik, Maharashtra, India – 422007.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.34 Cr. For the same year it recorded a net profit of ₹14 Lakh (net margin 4.2%) and EBITDA of ₹18.62 Lakh (EBITDA margin 5.6%).
As per MCA filings, the company has open charges of ₹19.85 Cr on record. The company has 1 deal on record (1 rights issue); the latest was in December 2024. Its 10 peer companies in the Machinery and Equipment industry (Tools and Components) are compared by revenue, 5 larger and 5 smaller; the largest is Rashi Equipments Private Limited with revenue of ₹3.36 Cr.
MG Electrica Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-23-0117473). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mgelectrica.com.
Company details
CIN U31908MH2013PLC241070
Registration Number 241070
Incorporation Date 18 March 2013
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-23-0117473
CIN history
MG Electrica has one previous CIN (Corporate Identification Number): U31908MH2013PTC241070. The current CIN is U31908MH2013PLC241070, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U31908MH2013PLC241070 | Current |
| U31908MH2013PTC241070 | Previous |
Key People
Mukesh Jayantiprasad Gupta Managing Director Ritu Mukesh Gupta Whole-Time Director Manish Jayantiprasad Gupta Director Recognitions & Rankings of MG Electrica
Contact details
MG Electrica Limited's registered office is in Nashik, Maharashtra. Its website is mgelectrica.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressPlot No C – 13/1 MIDC Satpur, Nashik, Maharashtra, India – 422007
- IndustryMachinery and Equipment, Industrial Tools & Components
To see the full contact details of MG Electrica Limited, buy the company report.
Comprehensive company report
MG Electrica 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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Financials of MG Electrica Limited
FY 2025 filings availableMG Electrica Limited reported revenue of ₹3.34 Cr for FY 2025.
Revenue · FY 2025
₹3.34 Cr
Net profit · FY 2025
₹14 Lakh margin 4.2%
EBITDA · FY 2025
₹18.62 Lakh margin 5.6%
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 | ₹18.62 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹14 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.6% | ||||
| Net Profit Margin | 4.2% | ||||
| 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 Electrica Limited, buy the company report.
Board of directors of MG Electrica Limited
MG Electrica has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mukesh Jayantiprasad Gupta Also directs: Micro Petrochem Private Limited | Managing Director | 18 Mar 2013 | 13 Years 7 Months | Current |
| Manish Jayantiprasad Gupta | Director | 18 Mar 2013 | 13 Years 7 Months | Current |
| Ritu Mukesh Gupta | Whole-Time Director | 05 Dec 2024 | 1 Years 11 Months | Current |
Peer comparison
MG Electrica Limited is compared with the 10 companies closest to it by revenue in the Machinery and Equipment industry (Tools and Components), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rashi Equipments Private Limited | ₹3.36 Cr (FY 2025) | 17.0% | New Delhi, Delhi, India | |||
| Elf Electrolumech India Private Limited | ₹3.35 Cr (FY 2024) | 18.0% | Pune, Maharashtra, India | |||
| N C I India Private Limited | ₹3.35 Cr (FY 2025) | 25.0% | Chandigarh, India | |||
| Isb Bearing India Private Limited | ₹3.35 Cr (FY 2025) | 27.0% | Mumbai, Maharashtra, India | |||
| Figments Experience Design Private Limited | ₹3.34 Cr (FY 2025) | 10.0% | Pune, Maharashtra, India | |||
| MG Electrica Limitedthis company | ₹3.34 Cr (FY 2025) | ₹14 Lakh | 4.2% | Nashik, Maharashtra, India | ||
| Sure Manufacturing Enterprises Private Limited | ₹3.33 Cr (FY 2025) | 14.0% | Chennai, Tamil Nadu, India | |||
| Visat Tools Private Limited | ₹3.33 Cr (FY 2025) | -11.0% | Bengaluru, Karnataka, India | |||
| Prantech Components Private Limited | ₹3.31 Cr (FY 2024) | 30.0% | Pune, Maharashtra, India | |||
| Press Max Machine Tools Private Limited | ₹3.31 Cr (FY 2024) | 37.0% | Haryana, India | |||
| Garuthmann Aerospace Private Limited | ₹3.3 Cr (FY 2025) | 115.0% | Bangalore, Karnataka, India |
To see the full peer comparison of MG Electrica Limited, buy the company report.
Auditor
MG Electrica Limited is audited by R. jajoo & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R. jajoo & Associates | FY 2023 | 104001W |
Shareholding
The shareholding of MG Electrica 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 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of MG Electrica Limited, buy the company report.
Charges & borrowings
Open charges
₹19.85 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Apr 2025 | 101092595 | Axis Bank Limited | ₹19.85 Cr | Open |
Total charge records: 1 View all charges
Deals & funding
MG Electrica Limited has 1 deal on record (1 rights issue); the latest was in December 2024.
Total deals
1
Rights issue
1
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2024 | Rights issue | ₹9 Lakh | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving MG Electrica 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 Electrica Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
MG Electrica has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICM5112G1ZN | Maharashtra | Active | 10 Jan 2025 |
To see the full GST registrations and return filing status of MG Electrica Limited, buy the company report.
Recent activity
MG Electrica Limited has 5 board changes on record since 2013: 3 appointments and 2 cessations. The latest: Ritu Mukesh Gupta ceased to be Director on 31 Aug 2025.
AGM
Mg Electrica Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Ritu Mukesh Gupta ceased to be Director.
Ceased
Mukesh Jayantiprasad Gupta ceased to be Director.
Charges
A charge with Axis Bank Limited amounted to Rs. 19.85 Cr with Charge ID 101092595 was registered on 28 Apr 2025.
Filing
Mg Electrica Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai Ii.
Appointed
Ritu Mukesh Gupta was appointed as Whole-Time Director.
Appointed
Manish Jayantiprasad Gupta was appointed as Director.
Appointed
Mukesh Jayantiprasad Gupta was appointed as Managing Director.
Incorporation
18 Mar 2013
Mg Electrica Limited was registered on 18 Mar 2013 with Roc Mumbai Ii & aged 13 years 7 months as per MCA records.
Frequently asked questions
MG Electrica is an active public limited company based in Nashik, Maharashtra, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 18 March 2013 (13+ years old) and is registered under CIN U31908MH2013PLC241070.
MG Electrica has 3 current directors:
- Mukesh Jayantiprasad Gupta - Managing Director
- Ritu Mukesh Gupta - Whole-Time Director
- Manish Jayantiprasad Gupta - Director
The latest financial statements of MG Electrica on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of MG Electrica is 27AAICM5112G1ZN, registered in Maharashtra.
The CIN (Corporate Identification Number) of MG Electrica is U31908MH2013PLC241070. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MG Electrica was incorporated on 18 March 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.
MG Electrica has 1 deal on record (1 rights issue); the latest was in December 2024.
The peers of MG Electrica by revenue are Rashi Equipments Private Limited, Elf Electrolumech India Private Limited, N C I India Private Limited, Isb Bearing India Private Limited, Figments Experience Design Private Limited and 5 more, all in the Machinery and Equipment industry (Tools and Components).
Ritu Mukesh Gupta ceased to be Director on 31 Aug 2025. Mukesh Jayantiprasad Gupta ceased to be Director on 30 Apr 2025. Ritu Mukesh Gupta was appointed as Whole-Time Director on 05 Dec 2024. MG Electrica has 5 board changes on record in total.
Yes, MG Electrica is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-23-0117473).
MG Electrica can be reached through the website mgelectrica.com. Its registered office is in Nashik, Maharashtra, India.
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