MGM Foundation
About MGM Foundation
Data last updated:
MGM Foundation is a public not for profit company based in Bhubaneswar, Orissa, India. It operates in the hospital services segment of the healthcare sector. It was incorporated on 02 April 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U85100OR2012NPL015181.
It is led by directors including Sabita Mohanty and Padma Lochan Mohanty.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No. – 65 Forest Park, Bhubaneswar, Orissa, India – 751009.
As per the financials filed for FY 2024, the company reported a revenue of ₹45.13 Lakh, a growth of 11% compared to the previous year. For the same year it recorded a net loss of ₹17,000 (net margin -0.4%) and EBITDA of -₹17,000 (EBITDA margin -0.4%). Revenue has grown at a compounded annual rate (CAGR) of 809% over three years and 216% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressPlot No. – 65 Forest Park, Bhubaneswar, Orissa, India – 751009
- IndustryHealthcare, Hospital Services
- 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
Auditor Details of MGM Foundation
MGM Foundation is audited by N C MEHER & CO for the financial year 2016.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| N C MEHER & CO | 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 MGM Foundation
MGM Foundation has 5 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sabita Mohanty Also directs: Wildlotus Fashions Private Limited, MGM Biofuels Private Limited, MGM Minerals Limited and 5 more | Director | 29 Nov 2019 | 6 Years 10 Months | Current |
| Padma Lochan Mohanty Also directs: Wildlotus Fashions Private Limited, MGM Biofuels Private Limited, MGM Minerals Limited and 5 more | Director | 02 Apr 2012 | 14 Years 6 Months | Current |
| Siddhartha Mohanty Also directs: MGM Biofuels Private Limited, MGM Minerals Limited, MGM Classic Agricon Private Limited and 5 more | Director | 11 Sep 2024 | 2 Years 0 Months | Current |
| Saroj Kumar Ray | Director | 27 May 2021 | 5 Years 4 Months | Current |
| Pankaj Lochan Mohanty Also directs: Wildlotus Fashions Private Limited, MGM Biofuels Private Limited, MGM Minerals Limited and 5 more | Director | 02 Apr 2012 | 14 Years 6 Months | Current |
Financials of MGM Foundation FY 2025 filings available
MGM Foundation reported revenue of ₹45.13 Lakh (up 11% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of MGM Foundation
Revenue has grown at a compounded annual rate (CAGR) of 216% over five years, including 11% growth in the latest year. 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 of MGM Foundation
| 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 | -₹17,000 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹17,000 | •••• | •••• | •••• | •••• |
| 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 MGM Foundation
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -0.4% | •••• | •••• | •••• | •••• |
| 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 MGM 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.
Ownership and Shareholding of MGM 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 MGM Foundation
MGM Foundation does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at MGM Foundation
Employment history and EPFO contributions of people linked to MGM 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.
GST Compliance of MGM 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.
Credit Ratings, Litigation & Regulatory Alerts for MGM 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 MGM 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 MGM 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.
MCA Filings & Documents of MGM 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.
Recent Activity on MGM Foundation
Frequently Asked Questions about MGM Foundation
MGM Foundation is an active public not for profit company based in Bhubaneswar, Orissa, India. The company works in hospital services, within the healthcare industry. It was incorporated on 02 April 2012 (14+ years old) and is registered under CIN U85100OR2012NPL015181.
MGM Foundation reported revenue of ₹45.13 Lakh for FY 2024 (up 11% YoY).
MGM Foundation has 5 current directors:
- Sabita Mohanty - Director
- Padma Lochan Mohanty - Director
- Siddhartha Mohanty - Director
- Saroj Kumar Ray - Director
- Pankaj Lochan Mohanty - Director
MGM Foundation reported a net loss of ₹17,000 (net margin -0.4%) and EBITDA of -₹17,000 (EBITDA margin -0.4%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of MGM Foundation is 809% over three years and 216% over five years. In the latest year (FY 2024) revenue rose 11%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of MGM Foundation is U85100OR2012NPL015181. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MGM Foundation was incorporated on 02 April 2012, making it 14+ years old. It is registered with the Registrar of Companies, Cuttack.
The registered office of MGM Foundation is at Plot No. – 65 Forest Park, Bhubaneswar, Orissa, India – 751009.
MGM Foundation operates in the healthcare industry, in the hospital services segment.