MG Industries Limited
About MG Industries Limited
Data last updated:
MG Industries Limited is a public limited company based in New Delhi, Delhi, India. It operates in the wholesale distribution segment of the trading and commerce sector. It was incorporated on 07 January 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U25111DL1997PLC084285. Its GSTIN is 07AACCM5567B1ZM (Delhi). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹8 Cr and a paid-up capital of ₹1.07 Cr. It is led by directors including Mohit Gupta (Managing Director) and Murli Dhar Vyas.
Its last annual general meeting (AGM) was held on 25 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Office No.401 4th Floor Southern Park, Saket District Center, New Delhi, Delhi, India – 110017.
As per the financials filed for FY 2025, the company reported a revenue of ₹22.73 Cr, a decline of 34% compared to the previous year. For the same year it recorded a net profit of ₹1.19 Cr (net margin 5.3%) and EBITDA of ₹3.32 Cr (EBITDA margin 14.6%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 9% over five years.
As per MCA filings, the company has open charges of ₹17.47 Cr and satisfied charges of ₹82.1 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressOffice No.401 4th Floor Southern Park, Saket District Center, New Delhi, Delhi, India – 110017
- IndustryTrading, Other Wholesale, Wholesale
- 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
- One PDF report, delivered after checkout
Business Activity of MG Industries Limited
The main business activity of MG Industries is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of MG Industries Limited FY 2025 filings available
MG Industries Limited reported revenue of ₹22.73 Cr (down 34% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of MG Industries Limited
Revenue fell 34% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 9%. EBITDA fell 57% 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 MG Industries Limited
| 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 | ₹3.32 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.19 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 MG Industries Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 5.3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 MG Industries are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of MG Industries Limited
MG Industries Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Rubber Based Products). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Alaska Flexo Private Limited | ₹23.3 Cr (FY 2024) | •••• | •••• | -1.0% | •••• | Jalandhar, Punjab, India |
| Bhagyashree Polymers Private Limited | ₹23.24 Cr (FY 2024) | •••• | •••• | 21.0% | •••• | Jalgaon, Maharashtra, India |
| Brahans Polymers Private Limited | ₹23.17 Cr (FY 2025) | •••• | •••• | 26.0% | •••• | Mumbai, Maharashtra, India |
| Raddop Enterprises Private Limited | ₹23.03 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | New Delhi, Delhi, India |
| Dynamic Materials Private Limited | ₹22.81 Cr (FY 2024) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| MG Industries Limited this company | ₹22.73 Cr (FY 2025) | •••• | •••• | -34.0% | •••• | New Delhi, Delhi, India |
| M.N. Rubber Limited | ₹22.63 Cr (FY 2024) | •••• | •••• | 8.0% | •••• | Muli, Gujarat, India |
| Hevea Rubber Technologies Private Limited | ₹22.62 Cr (FY 2025) | •••• | •••• | -21.0% | •••• | Kottayam, Kerala, India |
| Narmada Valley Rubbers Private Limited | ₹22.43 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Ankleshwar, Gujarat, India |
| MSS Rubber and Reclaims Private Limited | ₹22.15 Cr (FY 2025) | •••• | •••• | 22.0% | •••• | Ernakulam, Kerala, India |
| Vallathol Rubbers Pvt Ltd | ₹22.05 Cr (FY 2025) | •••• | •••• | 31.0% | •••• | Trichoor, Kerala, India |
Peers are the five companies nearest above and the five nearest below MG Industries by revenue in the Manufacturing industry (Rubber Based Products), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of MG Industries Limited
MG Industries Limited is audited by AGARWAL SHILPI & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| AGARWAL SHILPI & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of MG Industries Limited
MG Industries has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohit Gupta Also directs: Moonriver Interiors LLP, Adelphi Tyres Private Limited, Siddhi Tyre Products India Private Limited and 5 more | Managing Director | 07 Jan 1997 | 29 Years 9 Months | Current |
| Murli Dhar Vyas | Director | 16 Oct 2021 | 4 Years 11 Months | Current |
| Alissa Nanak Sheth Also directs: Adelphi Tyres Private Limited | Director | 05 Jun 2024 | 2 Years 4 Months | Current |
Ownership and Shareholding of MG Industries Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of MG Industries Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Jun 2025 | Others | ₹2.11 Cr | Open |
| 10 May 2024 | Hdfc Bank Limited | ₹33.93 Lakh | Open |
| 06 May 2024 | Hdfc Bank Limited | ₹15.03 Cr | Open |
| 29 Jul 2021 | Others | ₹10.88 Cr | Satisfied |
| 29 Jul 2021 | Others | ₹99 Lakh | Satisfied |
Total charge records: 19 View all charges
Legal Cases of MG Industries Limited
MG Industries Limited has 3 court cases on record: 2 filed by MG Industries, 1 filed against it. All cases are disposed. Status as checked between 21 Sep 2026 and 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 1 | 0 |
| District courts | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Madhya Pradesh | Writ petition | Filed by the company against Union of India | Disposed |
| District court, Rewa, Madhya Pradesh | Court case (MJC R) | Filed by the company against State | Disposed |
| High Court of Madhya Pradesh | Writ petition | Filed against the company by an individual | Disposed |
Full case history
All 3 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at MG Industries Limited
Employment history and EPFO contributions of people linked to MG Industries.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of MG Industries Limited
MG Industries has one previous CIN (Corporate Identification Number): U25111DL1997PTC084285. The current CIN is U25111DL1997PLC084285, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U25111DL1997PLC084285 | Current |
| U25111DL1997PTC084285 | Previous |
Recent Activity on MG Industries Limited
MG Industries Limited has 8 board changes on record since 1997: 3 appointments and 5 cessations. The latest: Alissa Nanak Sheth was appointed as Director on 05 Jun 2024.
41 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for MG Industries Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by MG Industries Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of MG Industries Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of MG Industries Limited
MG Industries has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AACCM5567B1ZM | Delhi | Active | 01 Jul 2017 |
| 23AACCM5567B1ZS | Madhya Pradesh | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of MG Industries Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about MG Industries Limited
MG Industries is an active public limited company based in New Delhi, Delhi, India. The company works in other wholesale, within the trading industry. It was incorporated on 07 January 1997 (29+ years old) and is registered under CIN U25111DL1997PLC084285.
MG Industries reported revenue of ₹22.73 Cr for FY 2025 (down 34% YoY).
MG Industries has 3 current directors:
- Mohit Gupta - Managing Director
- Murli Dhar Vyas - Director
- Alissa Nanak Sheth - Director
MG Industries reported a net profit of ₹1.19 Cr (net margin 5.3%) and EBITDA of ₹3.32 Cr (EBITDA margin 14.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of MG Industries is 16% over three years and 9% over five years. In the latest year (FY 2025) revenue fell 34%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of MG Industries is 07AACCM5567B1ZM, registered in Delhi. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 23AACCM5567B1ZS (Madhya Pradesh).
The CIN (Corporate Identification Number) of MG Industries is U25111DL1997PLC084285. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MG Industries has 3 court cases on record: 2 filed by the company and 1 filed against it. Most are in the high courts.
MG Industries was incorporated on 07 January 1997, making it 29+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of MG Industries by revenue are Alaska Flexo Private Limited, Bhagyashree Polymers Private Limited, Brahans Polymers Private Limited, Raddop Enterprises Private Limited, Dynamic Materials Private Limited and 5 more, all in the Manufacturing industry (Rubber Based Products).
Alissa Nanak Sheth was appointed as Director on 05 Jun 2024. Radhika Gupta ceased to be Managing Director on 18 Aug 2022. Murli Dhar Vyas ceased to be Additional Director on 30 Nov 2021. MG Industries has 8 board changes on record in total.