Milagros High Mart Private Limited
About Milagros High Mart Private Limited
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Milagros High Mart Private Limited is a private limited company based in Salcete, Goa, India. It operates in the hypermarkets and large retail chains segment of the consumer services sector. It was incorporated on 02 March 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Goa, under CIN U41000GA2000PTC002826. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹2 Lakh. It was formerly known as Milagro Mineral Waters (Goa) Private Limited and Allied Electronic Components Infosys Private Limited. It is led by directors including Meenakshi Aggarwal and Prem Prakash Aggarwal.
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 S – 98 Verna Industrialestate Verna, Salcete, Goa, India – 403722.
As per the financials filed for FY 2019, the company reported a revenue of ₹38.2 Lakh, a decline of 43% compared to the previous year. For the same year it recorded a net loss of ₹4.44 Lakh (net margin -11.6%) and EBITDA of -₹4.26 Lakh (EBITDA margin -11.1%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years.
As per MCA filings, the company has satisfied charges of ₹5.5 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Milagros High Mart has undergone 2 name changes throughout its history. The company was previously known as Milagro Mineral Waters (Goa) Private Limited, and Allied Electronic Components Infosys Private Limited. The current legal name is Milagros High Mart Private Limited.
| Company Name | Status |
|---|---|
| Milagros High Mart Private Limited | Current |
| Milagro Mineral Waters (Goa) Private Limited | Previous |
| Allied Electronic Components Infosys Private Limited | Previous |
CIN history
Milagros High Mart has one previous CIN (Corporate Identification Number): U32301GA2000PTC002826. The current CIN is U41000GA2000PTC002826, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U41000GA2000PTC002826 | Current |
| U32301GA2000PTC002826 | Previous |
Contact details
Milagros High Mart Private Limited's registered office is in Salcete, Goa. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressS – 98 Verna Industrialestate Verna, Salcete, Goa, India – 403722
- IndustryConsumer Services, Hypermarkets & Large Retail Chains
To see the full contact details of Milagros High Mart Private Limited, buy the company report.
- 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
Business activity
The main business activity of Milagros High Mart is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Milagros High Mart Private Limited, buy the company report.
Financials of Milagros High Mart Private Limited
FY 2019 filings availableMilagros High Mart Private Limited reported revenue of ₹38.2 Lakh (down 43% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue fell 43% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 12%. EBITDA rose 67% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹38.2 Lakh | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹4.26 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹4.44 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -11.1% | ||||
| Net Profit Margin | -11.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Milagros High Mart Private Limited, buy the company report.
Board of directors of Milagros High Mart Private Limited
Milagros High Mart has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Saransh Aggarwal Also directs: Avanze Inventive Private Limited | Additional Director | 03 Oct 2016 | 10 Years 0 Months | Current |
| Meenakshi Aggarwal Also directs: Milagros Aqua Private Limited | Director | 02 Mar 2000 | 26 Years 8 Months | Current |
| Prem Prakash Aggarwal Also directs: Milagros Aqua Private Limited, Avanze Inventive Private Limited | Director | 02 Mar 2000 | 26 Years 8 Months | Current |
Peer comparison
Milagros High Mart Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Services industry (Hypermarkets), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| SBS Shopping Plaza Private Limited | ₹39.38 Lakh (FY 2025) | 132.0% | New Delhi, Delhi, India | |||
| Style Mega Mart Private Limited | ₹38.39 Lakh (FY 2022) | -33.0% | Chapra, Bihar, India | |||
| Milagros High Mart Private Limitedthis company | ₹38.2 Lakh (FY 2019) | -₹4.44 Lakh | -11.6% | -43.0% | Salcete, Goa, India | |
| Delideal Supermarts Limited | ₹36.23 Lakh (FY 2020) | Navi Mumbai, Maharashtra, India |
To see the full peer comparison of Milagros High Mart Private Limited, buy the company report.
Auditor
Milagros High Mart Private Limited is audited by MITALI TALWADKER & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MITALI TALWADKER & ASSOCIATES | FY 2019 | 137460W |
Shareholding
The shareholding of Milagros High Mart Private Limited is on record for 5 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Milagros High Mart Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Nov 2000 | 90076786 | Canra Bank | ₹5.5 Lakh | Satisfied |
To see the full charge records of Milagros High Mart Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Milagros High Mart Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Milagros High Mart Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Milagros High Mart has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Milagros High Mart Private Limited, buy the company report.
Recent activity
Milagros High Mart Private Limited has 3 board changes on record since 2000: 3 appointments. The latest: Saransh Aggarwal was appointed as Additional Director on 03 Oct 2016.
Frequently asked questions
Milagros High Mart is an active private limited company based in Salcete, Goa, India. The company works in hypermarkets and large retail chains, within the consumer services industry. It was incorporated on 02 March 2000 (26+ years old) and is registered under CIN U41000GA2000PTC002826.
Milagros High Mart has 3 current directors:
- Saransh Aggarwal - Additional Director
- Meenakshi Aggarwal - Director
- Prem Prakash Aggarwal - Director
The latest financial statements of Milagros High Mart on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
No. Milagros High Mart has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Milagros High Mart is U41000GA2000PTC002826. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Milagros High Mart was incorporated on 02 March 2000, making it 26+ years old. It is registered with the Registrar of Companies, Goa.
The peers of Milagros High Mart by revenue are SBS Shopping Plaza Private Limited, Style Mega Mart Private Limited, Delideal Supermarts Limited, all in the Consumer Services industry (Hypermarkets), with the same principal business activity (wholesale trading).
Saransh Aggarwal was appointed as Additional Director on 03 Oct 2016. Meenakshi Aggarwal was appointed as Director on 02 Mar 2000. Prem Prakash Aggarwal was appointed as Director on 02 Mar 2000.
The registered office of Milagros High Mart is at S – 98 Verna Industrialestate Verna, Salcete, Goa, India – 403722.
Milagros High Mart operates in the consumer services industry, in the hypermarkets and large retail chains segment.
Milagros High Mart has no open charges and satisfied charges of ₹5.5 Lakh as per latest MCA filings.
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