MSME (Udyam registered) Ministry of MSME
- Category
- Small (2023-24)
- Udyam number
- UDYAM-KL-02-0040486
M G F Motors Limited
M G F Motors Limited - automotive in Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹43.06 Cr
▲ 21% YoY
Net loss · FY 2024
₹5.7 Cr
Net margin -13.2%
EBITDA · FY 2024
-₹14.86 Lakh
EBITDA margin -0.3%
Authorised capital
₹20.3 Cr
Registered with MCA
Paid-up capital
₹18.3 Cr
Issued & subscribed
Open charges
₹97.02 Cr
Satisfied ₹232.86 Cr
Company age
28 yrs
Est. 1998
Employees · EPFO
183
Provident fund records
About M G F Motors Limited
Data last updated:
M G F Motors Limited is a public limited company based in Delhi, India, a subsidiary of Indel Automotives Private Limited. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 13 April 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1998PLC093512. Its GSTIN is 32AABCM4247R1Z6 (Kerala). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹20.3 Cr and a paid-up capital of ₹18.3 Cr. It was formerly known as M G F Motors Private Limited. It is led by directors including Mohanan Gopalakrishnan (Managing Director) and Kavitha Menon.
Its last annual general meeting (AGM) was held on 29 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Office No. 001 D – 248 Abhishek Business Centre Laxmi Nagar Near Laxmi Nagar Metro Stat, Ion, Delhi, India – 110092.
As per the financials filed for FY 2024, the company reported a revenue of ₹43.06 Cr, a growth of 21% compared to the previous year. For the same year it recorded a net loss of ₹5.7 Cr (net margin -13.2%) and EBITDA of -₹14.86 Lakh (EBITDA margin -0.3%). Revenue has declined at a compounded annual rate (CAGR) of 36% over three years and 33% over five years.
The company has about 183 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: MGF. As per MCA filings, the company has open charges of ₹97.02 Cr and satisfied charges of ₹232.86 Cr on record. Court records list 38 cases involving the company, including 26 filed by the company and 12 filed against it; 5 cases are pending. The company has 16 deals on record (12 secondary share transfers, 4 funding rounds), with disclosed funding of ₹15.66 Cr; the latest was in December 2018. Its 6 peer companies in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (retail trading) are compared by revenue, 3 larger and 3 smaller; the largest is Samar Moters and Auto Private Limited with revenue of ₹43.27 Cr.
M G F Motors Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-02-0040486). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U74899DL1998PLC093512
Registration Number 093512
Incorporation Date 13 April 1998
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Indel Automotives Private Limited
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KL-02-0040486
CIN history
M G F Motors has one previous CIN (Corporate Identification Number): U74899DL1998PTC093512. The current CIN is U74899DL1998PLC093512, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74899DL1998PLC093512 | Current |
| U74899DL1998PTC093512 | Previous |
Recognitions & Rankings of M G F Motors
Contact details
M G F Motors Limited's registered office is in Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressOffice No. 001 D – 248 Abhishek Business Centre Laxmi Nagar Near Laxmi Nagar Metro Stat, Ion, Delhi, India – 110092
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of M G F Motors Limited, buy the company report.
Comprehensive company report
M G F Motors 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
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Brands
M G F Motors operates one associated brand: MGF. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Asset finance arm | mgfltd.com |
Business activity
The main business activity of M G F Motors is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of M G F Motors Limited, buy the company report.
Financials of M G F Motors Limited
FY 2024 filings availableM G F Motors Limited reported revenue of ₹43.06 Cr (up 21% YoY) for FY 2024.
Revenue · FY 2024
₹43.06 Cr ▲ 21%
Net loss · FY 2024
₹5.7 Cr margin -13.2%
EBITDA · FY 2024
-₹14.86 Lakh margin -0.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 21%
3 years · compounded
▼ 36%
5 years · compounded
▼ 33%
EBITDA CAGR growth
1 year
▼ 102%
3 years · compounded
▼ 26%
5 years · compounded
▼ 15%
Revenue rose 21% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 33%. EBITDA fell 102% 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 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | -₹14.86 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹5.7 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.3% | ||||
| Net Profit Margin | -13.2% | ||||
| 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 | |||||
To see the full financial statements and ratios of M G F Motors Limited, buy the company report.
Board of directors of M G F Motors Limited
M G F Motors has 4 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kavitha Menon Also directs: Indel Money Limited | Director | 08 Feb 2020 | 6 Years 9 Months | Current |
| Salil Venu Also directs: Mithram Automotives Limited Liability Partnership, Mithram Mobikes LLP, Indel Plantations Private Limited and 5 more | Director | 10 May 2017 | 9 Years 5 Months | Current |
| Anish Mohan Gopalakrishnan Mohanan Also directs: Mithram Automotives Limited Liability Partnership, Mithram Mobikes LLP, Naveen Bharath Equipments Private Limited and 5 more | Director | 10 May 2017 | 9 Years 5 Months | Current |
| Mohanan Gopalakrishnan | Managing Director | 13 Jun 2017 | 9 Years 4 Months | Current |
Peer comparison
M G F Motors Limited is compared with the 6 companies closest to it by revenue in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Samar Moters and Auto Private Limited | ₹43.27 Cr (FY 2025) | 16.0% | Patna, Bihar, India | |||
| Cargo Motors (Gujrat) Private Limited | ₹43.18 Cr (FY 2025) | 19.0% | New Delhi, Delhi, India | |||
| Triumph Motors Private Limited | ₹43.12 Cr (FY 2018) | 12285.0% | Jaipur, Rajasthan, India | |||
| M G F Motors Limitedthis company | ₹43.06 Cr (FY 2024) | -₹5.7 Cr | -13.2% | 21.0% | 183 | Delhi, India |
| Anton Motocorp Private Limited | ₹43.05 Cr (FY 2025) | -33.0% | Nagercoil, Tamil Nadu, India | |||
| Pace Autoaids Private Limited | ₹43 Cr (FY 2025) | -16.0% | New Delhi, Delhi, India | |||
| Lagoon Motor Private Limited | ₹42.91 Cr (FY 2025) | -6.0% | Bhagalpur, Bihar, India |
To see the full peer comparison of M G F Motors Limited, buy the company report.
Auditor
M G F Motors Limited is audited by KIRIT SATRA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KIRIT SATRA & ASSOCIATES | FY 2023 | 140250W |
Shareholding
The shareholding of M G F Motors Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of M G F Motors Limited, buy the company report.
Charges & borrowings
Open charges
₹97.02 Cr
Satisfied charges
₹232.86 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Aug 2024 | 100972554 | State Bank of India | ₹62.91 Cr | Open | |
| 23 Jul 2024 | 100963519 | Others | ₹7 Cr | Open | |
| 30 Mar 2024 | 100905178 | State Bank of India | ₹22.73 Cr | Open | |
| 31 Mar 2022 | 100564837 | State Bank of India | ₹2 Cr | Open | |
| 23 Jun 2020 | 100368100 | Standard Chartered Bank | ₹1.38 Cr | Open |
To see the full charge records of M G F Motors Limited, buy the company report.
Total charge records: 112 View all charges
Deals & funding
M G F Motors Limited has 16 deals on record (12 secondary share transfers, 4 funding rounds), with disclosed funding of ₹15.66 Cr; the latest was in December 2018.
Total deals
16
Secondary share transfers
12
Funding rounds
4
Disclosed funding
₹15.66 Cr
Deals on record (5 of 16)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2018 | Funding round | ₹11 Cr | Investors: Indel Automotives Private Limited |
| May 2017 | Secondary share transfer | Undisclosed | Buyer: Indel Automotives Private Limited , an individual Seller: Capital Vehicles Sales Limited |
| May 2017 | Secondary share transfer | Undisclosed | Buyer: Indel Automotives Private Limited Seller: Saiesha Projects Private Limited , MGF Automobiles Private Limited , 2 individuals |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: Saiesha Projects Private Limited , Capital Vehicles Sales Limited , an individual Seller: MGF Automobiles Private Limited , Gee Gee Holdings Private Limited , 2 individuals |
| Jun 2012 | Secondary share transfer | Undisclosed | Buyer: Saiesha Development Private Limited, an individual Seller: M G F Developments Limited , an individual |
To see the full deal history of M G F Motors Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
M G F Motors Limited has 38 court cases on record: 26 filed by M G F Motors, 12 filed against it. 5 cases are pending and 33 are disposed.
Total cases
38
Filed by the company
26
Filed against the company
12
Pending
5
Disposed
33
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 22 | 4 | 2 |
| District courts | 15 | 8 | 2 |
| Supreme Court | 1 | 0 | 1 |
Cases on record (5 of 38)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, Kerala | Court case (MACA) | Filed against the company by The HDFC Ergo General Insurance Co.Ltd. | Pending |
| High Court of Kerala | Writ petition | Filed by the company against Icici Bank Ltd., and 1 other | Disposed |
| District court, Ernakulam, Kerala | Civil suit | Filed by the company against M S. Geo Quadra Wheels Private Limited and 2 others | Disposed |
| High Court | Writ petition | Filed by the company against The Federal Bank Ltd. and 13 others | Disposed |
| High Court of Kerala | Writ petition | Filed by the company against Assistant Commissioner CGST Audit Circle-2, Kollam, | Pending |
To see the full case history of M G F Motors Limited, buy the company report.
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.
Credit ratings & regulatory alerts
M G F Motors Limited was last rated by Crisil on 05 Jun 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 05 Jun 2020 |
To see the full credit ratings and regulatory alerts of M G F Motors Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for M G F Motors Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
M G F Motors Limited has a workforce of 183 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.
Employee count
183
Active EPFO establishments
1
Employee growth
-71.09%
GST
M G F Motors has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AABCM4247R1Z6 | Kerala | Active | 01 Jul 2017 |
| 32AABCM4247R2Z5 | Kerala | Active | 14 Jun 2019 |
To see the full GST registrations and return filing status of M G F Motors Limited, buy the company report.
Recent activity
M G F Motors Limited has 17 board changes on record since 2007: 4 appointments and 13 cessations. The latest: Kavitha Menon was appointed as Director on 08 Feb 2020.
Charges
A charge with State Bank Of India of Rs. 62.91 Cr registered on 30 Aug 2024 with Charge ID 100972554 was modified on 19 Jul 2025.
Charges
A charge registered on 20 Sep 2021 via Charge ID 100488686 with Others was fully satisfied on 25 Jun 2025.
Charges
A charge registered on 21 Mar 2020 via Charge ID 100334994 with Others was fully satisfied on 25 Jun 2025.
Charges
A charge registered on 06 Oct 2018 via Charge ID 100226757 with Others was fully satisfied on 25 Jun 2025.
Charges
A charge registered on 14 Sep 2018 via Charge ID 100221713 with Others was fully satisfied on 25 Jun 2025.
Charges
A charge registered on 07 Sep 2018 via Charge ID 100207177 with Others was fully satisfied on 25 Jun 2025.
Charges
A charge registered on 07 Aug 2018 via Charge ID 100213463 with Others was fully satisfied on 25 Jun 2025.
Charges
A charge registered on 28 Feb 2018 via Charge ID 100164099 with Others was fully satisfied on 25 Jun 2025.
Charges
A charge with State Bank Of India of Rs. 22.73 Cr registered on 30 Mar 2024 with Charge ID 100905178 was modified on 29 May 2025.
Charges
A charge with Others of Rs. 7.00 Cr registered on 23 Jul 2024 with Charge ID 100963519 was modified on 14 Feb 2025.
Charges
A charge registered on 17 Mar 2021 via Charge ID 100438223 with Others was fully satisfied on 04 Jan 2025.
Charges
A charge registered on 27 Mar 2023 via Charge ID 100701249 with Others was fully satisfied on 03 Jan 2025.
241 earlier events are in the company report.
Frequently asked questions
M G F Motors is an active public limited company based in Delhi, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 13 April 1998 (28+ years old) and is registered under CIN U74899DL1998PLC093512.
M G F Motors has 4 current directors:
- Mohanan Gopalakrishnan - Managing Director
- Kavitha Menon - Director
- Salil Venu - Director
- Anish Mohan Gopalakrishnan Mohanan - Director
The latest financial statements of M G F Motors on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 29 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of M G F Motors is 32AABCM4247R1Z6, registered in Kerala. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 32AABCM4247R2Z5 (Kerala).
The CIN (Corporate Identification Number) of M G F Motors is U74899DL1998PLC093512. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
M G F Motors has 38 court cases on record: 26 filed by the company and 12 filed against it. 5 are pending. Most are in the high courts.
M G F Motors was incorporated on 13 April 1998, making it 28+ years old. It is registered with the Registrar of Companies, Delhi.
M G F Motors has 16 deals on record (12 secondary share transfers, 4 funding rounds), with disclosed funding of ₹15.66 Cr; the latest was in December 2018.
The peers of M G F Motors by revenue are Samar Moters and Auto Private Limited, Cargo Motors (Gujrat) Private Limited, Triumph Motors Private Limited, Anton Motocorp Private Limited, Pace Autoaids Private Limited and 1 more, all in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (retail trading).
Kavitha Menon was appointed as Director on 08 Feb 2020. Anish Mohan Gopalakrishnan Mohanan ceased to be Additional Director on 13 Jun 2017. Mohanan Gopalakrishnan was appointed as Managing Director on 13 Jun 2017. M G F Motors has 17 board changes on record in total.
Yes, M G F Motors is registered as a small enterprise under Udyam registration (number: UDYAM-KL-02-0040486).
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