MGD Textiles Private Limited
About MGD Textiles Private Limited
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MGD Textiles Private Limited is a private limited company based in Nagpur, Maharashtra, India. It operates in the service-based operations segment of the business services sector. It was incorporated on 09 June 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Nagpur, under CIN U74999MH2017PTC296011.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Shweta Ramesh Talewar and Smita Talewar.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Flat No.3 B.No. 21 Chitvanis Nagar Chindwada Road, Nagpur, Maharashtra, India – 440013.
As per the financials filed for FY 2019, the company reported a revenue of ₹58,700, a decline of 73% compared to the previous year. For the same year it recorded a net loss of ₹4,694 (net margin -8%) and EBITDA of ₹1.71 Lakh (EBITDA margin 290.5%).
As per MCA filings, the company has satisfied charges of ₹9.7 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressFlat No.3 B.No. 21 Chitvanis Nagar Chindwada Road, Nagpur, Maharashtra, India – 440013
- IndustryBusiness Services, Other Services, Miscellaneous Business Activities
- 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 MGD Textiles Private Limited
The main business activity of MGD Textiles is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | 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 MGD Textiles Private Limited FY 2019 filings available
MGD Textiles Private Limited reported revenue of ₹58,700 (down 73% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR) of MGD Textiles Private Limited
Revenue fell 73% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of MGD Textiles Private Limited
| Metrics | FY 2018-19 | FY 2017-18 |
|---|---|---|
| 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 | ₹1.71 Lakh | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | -₹4,694 | •••• |
| 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 MGD Textiles Private Limited
| Metrics | FY 2018-19 | FY 2017-18 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 290.5% | •••• |
| Net Profit Margin | -8% | •••• |
| 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 MGD Textiles are in the company report.
Financial statements from FY 2018
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 MGD Textiles Private Limited
MGD Textiles Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Textiles). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| SK Stabel Industries Private Limited | ₹59,260 (FY 2024) | •••• | •••• | 2878.0% | •••• | Mumbai, Maharashtra, India |
| O K Textile Industries Pvt Ltd | ₹59,100 (FY 2025) | •••• | •••• | 0.0% | •••• | Jaipur, Rajasthan, India |
| Dand Brothers Agro Products Private Limited | ₹59,014 (FY 2024) | •••• | •••• | -87.0% | •••• | Malkapur, Maharashtra, India |
| Sandhar Overseas Limited | ₹59,000 (FY 2024) | •••• | •••• | -70.0% | •••• | Punjab, India |
| Fortunext Textiles Private Limited | ₹58,925 (FY 2018) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| MGD Textiles Private Limited this company | ₹58,700 (FY 2019) | •••• | •••• | -73.0% | •••• | Nagpur, Maharashtra, India |
| Monitor Fashion Private Limited | ₹58,685 (FY 2025) | •••• | •••• | -13.0% | •••• | Kolkata, West Bengal, India |
| Parwatiba Textile Private Limited | ₹58,630 (FY 2025) | •••• | •••• | -91.0% | •••• | Surat, Gujarat, India |
| H.R. Weaving Private Limited | ₹58,577 (FY 2025) | •••• | •••• | -59.0% | •••• | Surat, Gujarat, India |
| BMV Textiles Private Limited | ₹58,354 (FY 2025) | •••• | •••• | 93.0% | •••• | Mumbai, Maharashtra, India |
| Coronation Spinning (India) Pvt Ltd | ₹58,250 (FY 2025) | •••• | •••• | -70.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below MGD Textiles by revenue in the Manufacturing industry (Textiles), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of MGD Textiles Private Limited
MGD Textiles has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shweta Ramesh Talewar | Director | 09 Jun 2017 | 9 Years 4 Months | Current |
| Smita Talewar | Director | 09 Jun 2017 | 9 Years 4 Months | Current |
| Aditi Ramesh Talewar | Director | 09 Jun 2017 | 9 Years 4 Months | Current |
Charges & Borrowings of MGD Textiles Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Oct 2017 | State Bank of India | ₹9.7 Lakh | Satisfied |
Total charge records: 1 View all charges
Employees and EPFO Compliance at MGD Textiles Private Limited
Employment history and EPFO contributions of people linked to MGD Textiles.
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 MGD Textiles Private Limited
MGD Textiles Private Limited has 3 board changes on record since 2017: 3 appointments. The latest: Aditi Ramesh Talewar was appointed as Director on 09 Jun 2017.
Credit Ratings, Litigation & Regulatory Alerts for MGD Textiles 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 MGD Textiles 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 MGD Textiles 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 MGD Textiles Private Limited
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 MGD Textiles 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 MGD Textiles Private Limited
MGD Textiles is an active private limited company based in Nagpur, Maharashtra, India. The company works in other services, within the business services industry. It was incorporated on 09 June 2017 (9+ years old) and is registered under CIN U74999MH2017PTC296011.
MGD Textiles reported revenue of ₹58,700 for FY 2019 (down 73% YoY).
MGD Textiles has 3 current directors:
- Shweta Ramesh Talewar - Director
- Smita Talewar - Director
- Aditi Ramesh Talewar - Director
MGD Textiles reported a net loss of ₹4,694 (net margin -8%) and EBITDA of ₹1.71 Lakh (EBITDA margin 290.5%) for FY 2019, as per its filed financial statements.
The CIN (Corporate Identification Number) of MGD Textiles is U74999MH2017PTC296011. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MGD Textiles was incorporated on 09 June 2017, making it 9+ years old. It is registered with the Registrar of Companies, Nagpur.
The peers of MGD Textiles by revenue are SK Stabel Industries Private Limited, O K Textile Industries Pvt Ltd, Dand Brothers Agro Products Private Limited, Sandhar Overseas Limited, Fortunext Textiles Private Limited and 5 more, all in the Manufacturing industry (Textiles).
Aditi Ramesh Talewar was appointed as Director on 09 Jun 2017. Shweta Ramesh Talewar was appointed as Director on 09 Jun 2017. Smita Talewar was appointed as Director on 09 Jun 2017.
The registered office of MGD Textiles is at Flat No.3 B.No. 21 Chitvanis Nagar Chindwada Road, Nagpur, Maharashtra, India – 440013.
MGD Textiles has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh.
MGD Textiles operates in the business services industry, in the other services segment.