MGL Elevators Private Limited
About MGL Elevators Private Limited
Data last updated:
MGL Elevators Private Limited is a private limited company based in Thiruvananthapuram, Kerala, India. It operates in the industrial products retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 06 January 2022.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U29299KL2022PTC073309. Its GSTIN is 32AAPCM3431M1ZA (Kerala).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Joy George (Managing Director) and Syam Chandran.
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 32/1478 – 6 Puthen Veedu Indira Nagar, Thiruvananthapuram, Kerala, India – 695005.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.49 Cr, a growth of 45% compared to the previous year. For the same year it recorded a net loss of ₹4.99 Lakh (net margin -3.3%) and EBITDA of -₹1.52 Lakh (EBITDA margin -1%).
As per MCA filings, the company has open charges of ₹9 Lakh on record.
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- Registered Address32/1478 – 6 Puthen Veedu Indira Nagar, Thiruvananthapuram, Kerala, India – 695005
- IndustryMachinery and Equipment, Industrial Products Retail & Distribution
- 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 MGL Elevators Private Limited
The main business activity of MGL Elevators is construction. In detail, this covers specialized construction activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | 43 | Specialized construction activities | 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.
Board of Directors of MGL Elevators Private Limited
MGL Elevators has 5 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Syam Chandran | Director | 06 Jan 2022 | 4 Years 9 Months | Current |
| Pramod Kumar Gangadharan Nair | Director | 06 Jan 2022 | 4 Years 9 Months | Current |
| Vishnu Prasad Kurup | Director | 06 Jan 2022 | 4 Years 9 Months | Current |
| Preejan Shekharan | Director | 06 Jan 2022 | 4 Years 9 Months | Current |
| Joy George | Managing Director | 06 Jan 2022 | 4 Years 9 Months | Current |
Financials of MGL Elevators Private Limited FY 2025 filings available
MGL Elevators Private Limited reported revenue of ₹1.49 Cr (up 45% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of MGL Elevators Private Limited
Revenue rose 45% in the latest year. EBITDA rose 74% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of MGL Elevators Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| 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 | -₹1.52 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹4.99 Lakh | •••• | •••• | •••• |
| 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 MGL Elevators Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -1% | •••• | •••• | •••• |
| Net Profit Margin | -3.3% | •••• | •••• | •••• |
| 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 MGL Elevators are in the company report.
Financial statements from FY 2022
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.
Charges & Borrowings of MGL Elevators Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Sep 2023 | Others | ₹9 Lakh | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at MGL Elevators Private Limited
Employment history and EPFO contributions of people linked to MGL Elevators.
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.
GST Compliance of MGL Elevators Private Limited
MGL Elevators has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAPCM3431M1ZA | Kerala | Active | 09 Feb 2022 |
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.
Credit Ratings, Litigation & Regulatory Alerts for MGL Elevators 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 MGL Elevators 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 MGL Elevators 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.
MCA Filings & Documents of MGL Elevators 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.
Recent Activity on MGL Elevators Private Limited
Frequently Asked Questions about MGL Elevators Private Limited
MGL Elevators is an active private limited company based in Thiruvananthapuram, Kerala, India. The company works in industrial products retail and distribution, within the machinery and equipment industry. It was incorporated on 06 January 2022 (4+ years old) and is registered under CIN U29299KL2022PTC073309.
MGL Elevators reported revenue of ₹1.49 Cr for FY 2025 (up 45% YoY).
MGL Elevators has 5 current directors:
- Joy George - Managing Director
- Syam Chandran - Director
- Pramod Kumar Gangadharan Nair - Director
- Vishnu Prasad Kurup - Director
- Preejan Shekharan - Director
MGL Elevators reported a net loss of ₹4.99 Lakh (net margin -3.3%) and EBITDA of -₹1.52 Lakh (EBITDA margin -1%) for FY 2025, as per its filed financial statements.
The GSTIN of MGL Elevators is 32AAPCM3431M1ZA, registered in Kerala.
The CIN (Corporate Identification Number) of MGL Elevators is U29299KL2022PTC073309. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MGL Elevators was incorporated on 06 January 2022, making it 4+ years old. It is registered with the Registrar of Companies, Ernakulam.
The registered office of MGL Elevators is at 321478 – 6 Puthen Veedu Indira Nagar, Thiruvananthapuram, Kerala, India – 695005.
MGL Elevators has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh.