MG Processors Private Limited
About MG Processors Private Limited
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MG Processors Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 14 November 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17122GJ2006PTC049365. Its GSTIN is 24AAECM8331R1ZZ (Gujarat).
The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹58.14 Lakh. It is led by directors including Subhash Maghraj Patodia (Managing Director) and Murlidhar Bhanwarlal Sharma.
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 Surat, Gujarat.
As per the financials filed for FY 2022, the company reported a revenue of ₹62.27 Cr, a growth of 57% compared to the previous year. For the same year it recorded a net profit of ₹5.71 Cr (net margin 9.2%) and EBITDA of ₹8.67 Cr (EBITDA margin 13.9%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 20% over five years.
The company has about 85 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹10.04 Cr and satisfied charges of ₹5.55 Cr on record. Court records list 2 cases involving the company, including 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressPlot No.10 Block No. 300/301 Dayabhai Sarpanch Ni Wadi Tatithaiya, Kadodara, Surat, Gujarat, India – 394305
- IndustryManufacturing, Textile & Fabric Production
- 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
Financials of MG Processors Private Limited FY 2025 filings available
MG Processors Private Limited reported revenue of ₹62.27 Cr (up 57% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of MG Processors Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 20% over five years, including 57% growth in the latest year. EBITDA rose 53% 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 Processors Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹62.27 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹8.67 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹5.71 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 Processors Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 9.2% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Processors 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.
Auditor Details of MG Processors Private Limited
MG Processors Private Limited is audited by SONI JHANWAR & CO for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SONI JHANWAR & CO | 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 Processors Private Limited
MG Processors has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Murlidhar Bhanwarlal Sharma | Director | 28 Oct 2020 | 5 Years 11 Months | Current |
| Subhash Maghraj Patodia Also directs: MG Weaving Mills Private Limited, MG Tex Fab Private Limited, MG Knitters Private Limited and 2 more | Managing Director | 14 Nov 2006 | 19 Years 10 Months | Current |
| Sanjay Kumar Gupta | Director | 07 Feb 2023 | 3 Years 8 Months | Current |
Ownership and Shareholding of MG Processors Private 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 Processors Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Mar 2024 | Sidbi | ₹4.57 Cr | Open |
| 18 Feb 2020 | Others | ₹5.47 Cr | Open |
| 26 Sep 2017 | Others | ₹67.4 Lakh | Satisfied |
| 26 Sep 2017 | Others | ₹33.6 Lakh | Satisfied |
| 30 Mar 2012 | Others | ₹2.27 Cr | Satisfied |
Total charge records: 6 View all charges
Legal Cases of MG Processors Private Limited
MG Processors Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed. Status as checked on 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, SURAT, Gujarat | Court case (AGRMNT-LC) | Filed against the company by an individual | Disposed |
| District court, SURAT, Gujarat | Criminal complaint | Filed against the company by an individual | Disposed |
Full case history
All 2 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 Processors Private Limited
MG Processors Private Limited has a workforce of 85 employees as of Apr 02, 2024.
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.
Recent Activity on MG Processors Private Limited
MG Processors Private Limited has 9 board changes on record since 2006: 3 appointments and 6 cessations. The latest: Sanjay Kumar Gupta was appointed as Director on 07 Feb 2023.
13 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for MG Processors Private 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 Processors Private 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 Processors Private 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 Processors Private Limited
MG Processors has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECM8331R1ZZ | Gujarat | 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 Processors Private 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 Processors Private Limited
MG Processors is an active private limited company based in Surat, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 14 November 2006 (20+ years old) and is registered under CIN U17122GJ2006PTC049365.
MG Processors reported revenue of ₹62.27 Cr for FY 2022 (up 57% YoY).
MG Processors has 3 current directors:
- Subhash Maghraj Patodia - Managing Director
- Murlidhar Bhanwarlal Sharma - Director
- Sanjay Kumar Gupta - Director
MG Processors reported a net profit of ₹5.71 Cr (net margin 9.2%) and EBITDA of ₹8.67 Cr (EBITDA margin 13.9%) for FY 2022, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of MG Processors is 18% over three years and 20% over five years. In the latest year (FY 2022) revenue rose 57%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of MG Processors is 24AAECM8331R1ZZ, registered in Gujarat.
The CIN (Corporate Identification Number) of MG Processors is U17122GJ2006PTC049365. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MG Processors has 2 court cases on record: 2 filed against it.
MG Processors was incorporated on 14 November 2006, making it 20+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Sanjay Kumar Gupta was appointed as Director on 07 Feb 2023. Anjana Subhash Patodia ceased to be Director on 06 Aug 2022. Sagar Subhash Patodia ceased to be Director on 06 Aug 2022. MG Processors has 9 board changes on record in total.