Mgca Foundation
About Mgca Foundation
Data last updated:
Mgca Foundation is a private not for profit 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 30 March 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U85100MH2011NPL215566.
It is led by directors Manish Lalitchandra Ghia and Varsha Manish 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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.84 Lakh, a growth of 54% compared to the previous year. For the same year it recorded a net loss of ₹23,559 (net margin -4.9%) and EBITDA of -₹21,098 (EBITDA margin -4.4%). Revenue has declined at a compounded annual rate (CAGR) of 7% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address4 Chandan Niwas (Old) 1st Floor M.V. Road Off. Andheri Kurla Road Andh, Eri (E), Mumbai, Maharashtra, India – 400069
- IndustryBusiness Outsourcing, Business & IT Consulting
- 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 Mgca Foundation
The business activities of Mgca Foundation are registered with the MCA. The activity codes are listed below.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| Locked | Locked | P4 | Locked | 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 Mgca Foundation FY 2024 filings available
Mgca Foundation reported revenue of ₹4.84 Lakh (up 54% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Mgca Foundation
Revenue rose 54% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 7%. EBITDA fell 205% 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 Mgca Foundation
| 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 | -₹21,098 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹23,559 | •••• | •••• | •••• | •••• |
| 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 Mgca Foundation
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -4.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -4.9% | •••• | •••• | •••• | •••• |
| 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 Mgca Foundation 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 Mgca Foundation
Mgca Foundation is compared with the companies closest to it by revenue in the Business Services industry (Business Auxiliary Services, Consulting Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sharad Shiledar and Associates Private Limited | ₹4.85 Lakh (FY 2022) | •••• | •••• | -7.0% | •••• | Mumbai, Maharashtra, India |
| Aquon Renewables Private Limited | ₹4.85 Lakh (FY 2021) | •••• | •••• | 18218.0% | •••• | Mumbai, Maharashtra, India |
| Margin Sentiment Advisorys Private Limited | ₹4.85 Lakh (FY 2024) | •••• | •••• | -3.0% | •••• | Bengaluru, Karnataka, India |
| Estrela Hotels & Resorts Private Limited | ₹4.84 Lakh (FY 2023) | •••• | •••• | -27.0% | •••• | Surat, Gujarat, India |
| Prescient Biosciences Private Limited | ₹4.84 Lakh (FY 2020) | •••• | •••• | 1.0% | •••• | Bangalore, Karnataka, India |
| Mgca Foundation this company | ₹4.84 Lakh (FY 2025) | •••• | •••• | 54.0% | •••• | Mumbai, Maharashtra, India |
| Himadri Industrial Services Private Limited | ₹4.84 Lakh (FY 2025) | •••• | •••• | 89.0% | •••• | Kolkata, West Bengal, India |
| Extra Doze Training and Consulting Services Private Limited | ₹4.84 Lakh (FY 2020) | •••• | •••• | -39.0% | •••• | Indore, Madhya Pradesh, India |
| Bajarang Trading Company Private Limited | ₹4.83 Lakh (FY 2025) | •••• | •••• | -10.0% | •••• | Uttar Pradesh, India |
| Signifi Consulting Services Private Limited | ₹4.82 Lakh (FY 2023) | •••• | •••• | 20.0% | •••• | Gurugram, Haryana, India |
| RMG Transaction Advisory Private Limited | ₹4.82 Lakh (FY 2017) | •••• | •••• | -79.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Mgca Foundation by revenue in the Business Services industry (Business Auxiliary Services, Consulting Services), 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 Mgca Foundation
Mgca Foundation is audited by RASHMIKANTCHANDRAKANT MODI for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RASHMIKANTCHANDRAKANT MODI | 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 Mgca Foundation
Mgca Foundation has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manish Lalitchandra Ghia Also directs: M K B Agro Private Limited, Sca South Asia Petrochemicals Private Limited, MG Consulting Private Limited and 4 more | Director | 30 Mar 2011 | 15 Years 6 Months | Current |
| Varsha Manish Ghia | Director | 30 Mar 2011 | 15 Years 6 Months | Current |
Ownership and Shareholding of Mgca Foundation
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 Mgca Foundation
Mgca Foundation does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Mgca Foundation
Employment history and EPFO contributions of people linked to Mgca Foundation.
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 Mgca Foundation
Mgca Foundation has 2 board changes on record since 2011: 2 appointments. The latest: Manish Lalitchandra Ghia was appointed as Director on 30 Mar 2011.
Credit Ratings, Litigation & Regulatory Alerts for Mgca Foundation
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 Mgca Foundation
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 Mgca Foundation
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 Mgca Foundation
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 Mgca Foundation
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 Mgca Foundation
Mgca Foundation is an active private not for profit company based in Mumbai, Maharashtra, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 30 March 2011 (15+ years old) and is registered under CIN U85100MH2011NPL215566.
Mgca Foundation reported revenue of ₹4.84 Lakh for FY 2025 (up 54% YoY).
Mgca Foundation has 2 current directors:
- Manish Lalitchandra Ghia - Director
- Varsha Manish Ghia - Director
Mgca Foundation reported a net loss of ₹23,559 (net margin -4.9%) and EBITDA of -₹21,098 (EBITDA margin -4.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Mgca Foundation is -7% over five years. In the latest year (FY 2025) revenue rose 54%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Mgca Foundation is U85100MH2011NPL215566. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mgca Foundation was incorporated on 30 March 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Mgca Foundation by revenue are Sharad Shiledar and Associates Private Limited, Aquon Renewables Private Limited, Margin Sentiment Advisorys Private Limited, Estrela Hotels & Resorts Private Limited, Prescient Biosciences Private Limited and 5 more, all in the Business Services industry (Business Auxiliary Services, Consulting Services).
Manish Lalitchandra Ghia was appointed as Director on 30 Mar 2011. Varsha Manish Ghia was appointed as Director on 30 Mar 2011.
The registered office of Mgca Foundation is at 4 Chandan Niwas Old 1st Floor M.V. Road Off. Andheri Kurla Road Andh, Eri E, Mumbai, Maharashtra, India – 400069.
Mgca Foundation operates in the business outsourcing industry, in the business and IT consulting segment.