About MGX Engineering Private Limited
Data last updated:
MGX Engineering Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the bop and btg services segment of the energy and power sector. It was incorporated on 31 December 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74200MH2015PTC271494. Its GSTIN is 27AAKCM1172G1ZH (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Elsamma Xavier and Harris Xavier.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at E – 5 Basement Highland Park Jai Shastri Nagar Mulund Colony Mulund West, Mumbai, Maharashtra, India – 400082.
As per the financials filed for FY 2024, the company reported a revenue of ₹83.09 Lakh, a decline of 78% compared to the previous year. For the same year it recorded a net loss of ₹4.31 Lakh (net margin -5.2%) and EBITDA of ₹30.24 Lakh (EBITDA margin 36.4%). Revenue has declined at a compounded annual rate (CAGR) of 38% over three years and 37% over five years.
The company has about 10 employees on its provident fund (EPFO) records.
Court records list 4 cases involving the company, including 4 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mgxengineering.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressE – 5 Basement Highland Park Jai Shastri Nagar Mulund Colony Mulund West, Mumbai, Maharashtra, India – 400082
- IndustryEnergy and Power, BoP & BTG Services, Power EPC
- 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 MGX Engineering Private Limited
The main business activity of MGX Engineering is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | 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 MGX Engineering Private Limited FY 2024 filings available
MGX Engineering Private Limited reported revenue of ₹83.09 Lakh (down 78% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of MGX Engineering Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 37% over five years, including a 78% fall in the latest year. EBITDA rose 39% 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 MGX Engineering Private Limited
| 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 | ₹30.24 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹4.31 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 MGX Engineering Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 36.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -5.2% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 MGX Engineering are in the company report.
Financial statements from FY 2016
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 MGX Engineering Private Limited
MGX Engineering Private Limited is compared with the companies closest to it by revenue in the Power industry (EPC, BoP and BTG). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sael Energy Solutions LLP | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Energy Eco Blue Private Limited | •••• | •••• | •••• | •••• | - | Chengannur, Kerala, India |
| Tempair Engineers Private Limited | •••• | •••• | •••• | •••• | - | Nangloi, Delhi, India |
| Immortex Marketing Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Easun Products of India Private Limited | •••• | •••• | •••• | •••• | - | Annasalai Chennai-35, Tamil Nadu, India |
| MGX Engineering Private Limited this company | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Solarcommandoz Services Private Limited | •••• | •••• | •••• | •••• | - | -Kua, Rajasthan, India |
| Soman Electromech Engineers Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Teorainn Solar Private Limited | •••• | •••• | •••• | •••• | - | Jabalpur, Madhya Pradesh, India |
| Inter Modal Hotels Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| E 3 Power & Energy Private Limited | •••• | •••• | •••• | •••• | - | Ghaziabad, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below MGX Engineering by revenue in the Power industry (EPC, BoP and BTG), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of MGX Engineering Private Limited
MGX Engineering Private Limited is audited by DINESH PAI & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| DINESH PAI & 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 MGX Engineering Private Limited
MGX Engineering has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Elsamma Xavier Also directs: Xsons Electric Private Limited | Director | 02 Jun 2021 | 5 Years 4 Months | Current |
| Harris Xavier | Director | 31 Dec 2015 | 10 Years 9 Months | Current |
| Xavier Malal George | Director | 31 Dec 2015 | 10 Years 9 Months | Current |
Ownership and Shareholding of MGX Engineering Private Limited
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 MGX Engineering Private Limited
MGX Engineering Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of MGX Engineering Private Limited
MGX Engineering Private Limited has 4 court cases on record: 4 filed against it. 2 cases are pending and 2 are disposed. Status as checked between 21 Sep 2026 and 01 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 2 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Cheque dishonour complaint | Filed against the company by Hilti India Private Limited. | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by an individual | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMARY CIVIL SUIT) | Filed against the company by an individual | Pending |
| District court, Ahmedabad, Gujarat | Court case (CR EN) | Filed against the company by an individual | Disposed |
Full case history
All 4 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
MSME Payment Delays by MGX Engineering Private Limited
MGX Engineering Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 10 overdue payments to 8 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 8)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Eagle Sales Corporation | •••• | •••• | •••• |
| Ocean Infoways Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 2 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at MGX Engineering Private Limited
MGX Engineering Private Limited has a workforce of 10 employees as of Apr 07, 2024.
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 MGX Engineering Private Limited
MGX Engineering Private Limited has 4 board changes on record since 2015: 3 appointments and 1 cessation. The latest: Charles Xavier ceased to be Director on 30 Nov 2025.
Credit Ratings, Litigation & Regulatory Alerts for MGX Engineering 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.
Subsidiaries & Group Companies of MGX Engineering 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 MGX Engineering Private Limited
MGX Engineering has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAKCM1172G1ZH | Maharashtra | Active | 01 Jul 2017 |
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 MGX Engineering 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 MGX Engineering Private Limited
MGX Engineering is an active private limited company based in Mumbai, Maharashtra, India. The company works in bop and btg services, within the energy and power industry. It was incorporated on 31 December 2015 (11+ years old) and is registered under CIN U74200MH2015PTC271494.
MGX Engineering reported revenue of ₹83.09 Lakh for FY 2024 (down 78% YoY).
MGX Engineering has 3 current directors:
- Elsamma Xavier - Director
- Harris Xavier - Director
- Xavier Malal George - Director
MGX Engineering reported a net loss of ₹4.31 Lakh (net margin -5.2%) and EBITDA of ₹30.24 Lakh (EBITDA margin 36.4%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of MGX Engineering is -38% over three years and -37% over five years. In the latest year (FY 2024) revenue fell 78%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of MGX Engineering is 27AAKCM1172G1ZH, registered in Maharashtra.
The CIN (Corporate Identification Number) of MGX Engineering is U74200MH2015PTC271494. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MGX Engineering has 4 court cases on record: 4 filed against it. 2 are pending.
MGX Engineering was incorporated on 31 December 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of MGX Engineering by revenue are Sael Energy Solutions LLP, Energy Eco Blue Private Limited, Tempair Engineers Private Limited, Immortex Marketing Private Limited, Easun Products of India Private Limited and 5 more, all in the Power industry (EPC, BoP and BTG).
Charles Xavier ceased to be Director on 30 Nov 2025. Elsamma Xavier was appointed as Director on 02 Jun 2021. Harris Xavier was appointed as Director on 31 Dec 2015. MGX Engineering has 4 board changes on record in total.
MGX Engineering has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 10 overdue payments to 8 micro and small suppliers. The latest return was filed on 09 Jun 2019.