MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-RJ-17-0067641
MGD Irrigation Systems Private Limited
MGD Irrigation Systems Private Limited - industrial manufacturing in Jaipur, Rajasthan, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹5.52 Cr
▲ 549% YoY
Net profit · FY 2024
₹7.17 Lakh
Net margin 1.3%
EBITDA · FY 2024
₹60.92 Lakh
EBITDA margin 11%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Open charges
₹2.38 Cr
Secured borrowings
Company age
5 yrs
Est. 2021
Directors on board
2
As per MCA filings
About MGD Irrigation Systems Private Limited
Data last updated:
MGD Irrigation Systems Private Limited is a private limited company based in Jaipur, Rajasthan, India. It operates in the special-purpose machinery segment of the industrial manufacturing sector. It was incorporated on 13 January 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U29210RJ2021PTC072957. Its GSTIN is 08AAOCM2009C1ZR (Rajasthan).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors Sumit Bhansali and Kumar Smit Bhansali.
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 G – 898 Road No. 14 P V.K.I Area, Jaipur, Rajasthan, India – 302013.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.52 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹7.17 Lakh (net margin 1.3%) and EBITDA of ₹60.92 Lakh (EBITDA margin 11%).
As per MCA filings, the company has open charges of ₹2.38 Cr on record.
MGD Irrigation Systems Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-RJ-17-0067641).
Company details
CIN U29210RJ2021PTC072957
Registration Number 072957
Incorporation Date 13 January 2021
ROC Jaipur
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Micro
Udyam Registration UDYAM-RJ-17-0067641
Recognitions & Rankings of MGD Irrigation Systems
Contact details
MGD Irrigation Systems Private Limited's registered office is in Jaipur, Rajasthan. Its e-mail address is in the company report.
- Email
- Registered AddressG – 898 Road No. 14 P V.K.I Area, Jaipur, Rajasthan, India – 302013
- IndustryIndustrial Manufacturing, Special Purpose Machinery, Manufacturing
To see the full contact details of MGD Irrigation Systems Private Limited, buy the company report.
Comprehensive company report
MGD Irrigation Systems 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 MGD Irrigation Systems is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of MGD Irrigation Systems Private Limited, buy the company report.
Financials of MGD Irrigation Systems Private Limited
FY 2025 filings availableMGD Irrigation Systems Private Limited reported revenue of ₹5.52 Cr (up 549% YoY) for FY 2024.
Revenue · FY 2024
₹5.52 Cr ▲ 549%
Net profit · FY 2024
₹7.17 Lakh margin 1.3%
EBITDA · FY 2024
₹60.92 Lakh margin 11%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 549%
EBITDA CAGR growth
1 year
▲ 144%
3 years · compounded
▲ 644%
Revenue rose 549% in the latest year. EBITDA rose 144% 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
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| Total Expenses | ||||
| EBITDA | ₹60.92 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹7.17 Lakh | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
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| Trade Payables | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 11% | |||
| Net Profit Margin | 1.3% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
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| 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 MGD Irrigation Systems Private Limited, buy the company report.
Board of directors of MGD Irrigation Systems Private Limited
MGD Irrigation Systems has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sumit Bhansali | Director | 13 Jan 2021 | 5 Years 9 Months | Current |
| Kumar Smit Bhansali | Director | 13 Jan 2021 | 5 Years 9 Months | Current |
Charges & borrowings
Open charges
₹2.38 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Jun 2022 | 100591935 | State Bank of India | ₹2.38 Cr | Open |
To see the full charge records of MGD Irrigation Systems Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving MGD Irrigation Systems 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 MGD Irrigation Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
MGD Irrigation Systems Private Limited has 1 active EPFO establishment as of Apr 07, 2024.
Active EPFO establishments
1
GST
MGD Irrigation Systems has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAOCM2009C1ZR | Rajasthan | Active | 09 Mar 2021 |
To see the full GST registrations and return filing status of MGD Irrigation Systems Private Limited, buy the company report.
Recent activity
MGD Irrigation Systems Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Kumar Smit Bhansali was appointed as Director on 13 Jan 2021.
AGM
Mgd Irrigation Systems Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Mgd Irrigation Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Jaipur.
Charges
A charge with State Bank Of India of Rs. 238.00 Lakh registered on 28 Jun 2022 with Charge ID 100591935 was modified on 10 Nov 2023.
Charges
A charge with State Bank Of India amounted to Rs. 238.00 Lakh with Charge ID 100591935 was registered on 28 Jun 2022.
Appointed
Kumar Smit Bhansali was appointed as Director.
Appointed
Sumit Bhansali was appointed as Director.
Incorporation
13 Jan 2021
Mgd Irrigation Systems Private Limited was registered on 13 Jan 2021 with Roc Jaipur & aged 5 years 9 months as per MCA records.
Frequently asked questions
MGD Irrigation Systems is an active private limited company based in Jaipur, Rajasthan, India. The company works in special purpose machinery, within the industrial manufacturing industry. It was incorporated on 13 January 2021 (5+ years old) and is registered under CIN U29210RJ2021PTC072957.
MGD Irrigation Systems has 2 current directors:
- Sumit Bhansali - Director
- Kumar Smit Bhansali - Director
The latest financial statements of MGD Irrigation Systems 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 FY 2021 are in the company report.
The GSTIN of MGD Irrigation Systems is 08AAOCM2009C1ZR, registered in Rajasthan.
The CIN (Corporate Identification Number) of MGD Irrigation Systems is U29210RJ2021PTC072957. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MGD Irrigation Systems was incorporated on 13 January 2021, making it 5+ years old. It is registered with the Registrar of Companies, Jaipur.
Kumar Smit Bhansali was appointed as Director on 13 Jan 2021. Sumit Bhansali was appointed as Director on 13 Jan 2021.
Yes, MGD Irrigation Systems is registered as a micro enterprise under Udyam registration (number: UDYAM-RJ-17-0067641).
The registered office of MGD Irrigation Systems is at G – 898 Road No. 14 P V.K.I Area, Jaipur, Rajasthan, India – 302013.
MGD Irrigation Systems operates in the industrial manufacturing industry, in the special purpose machinery segment.