Milgrey Studio and Laboratories Private Limited

Milgrey Studio and Laboratories Private Limited - art in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U92100MH1979PTC021282 Incorporated 10 May 1979 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company art
Data last updated
Revenue · FY 2025
₹5 Lakh
▼ 51% YoY
Net loss · FY 2025
₹26.68 Lakh
Latest filing
EBITDA · FY 2025
-₹20.42 Lakh
EBITDA margin -408.1%
Authorised capital
₹30 Lakh
Registered with MCA
Paid-up capital
₹24.97 Lakh
Issued & subscribed
Open charges
₹78.5 Lakh
Secured borrowings
Company age
47 yrs
Est. 1979
Employees · EPFO
2
Provident fund records

About Milgrey Studio and Laboratories Private Limited

Data last updated:

Milgrey Studio and Laboratories Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the creative segment of the art and creative services sector. It was incorporated on 10 May 1979 and has been in existence for over 47 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U92100MH1979PTC021282. Its GSTIN is 27AAACM4996J1ZY (Maharashtra).

The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹24.97 Lakh. It is led by directors including Pravinbhai Ratilal Patel and Ashokkumar Prahladrai Chhawchharia.

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 Ramnord Bldg 2nd Flpatel Estate Road Jogeshwari (W), Mumbai, Maharashtra, India – 400102.

As per the financials filed for FY 2025, the company reported a revenue of ₹5 Lakh, a decline of 51% compared to the previous year. For the same year it recorded a net loss of ₹26.68 Lakh and EBITDA of -₹20.42 Lakh (EBITDA margin -408.1%). Revenue has declined at a compounded annual rate (CAGR) of 49% over three years and 35% over five years.

The company has about 2 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹78.5 Lakh on record. Court records list 3 cases involving the company, including 3 filed by the company; 1 case is pending.

The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U92100MH1979PTC021282
Registration Number 021282
Incorporation Date 10 May 1979
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant

Contact details

Milgrey Studio and Laboratories Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Ramnord Bldg 2nd Flpatel Estate Road Jogeshwari (W), Mumbai, Maharashtra, India – 400102
  • Industry
    Art, Creative, Arts And Entertainment Activities

To see the full contact details of Milgrey Studio and Laboratories Private Limited, buy the company report.

Comprehensive company report
Milgrey Studio and Laboratories Private 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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Secure checkout · GST invoice included

Business activity

The main business activity of Milgrey Studio and Laboratories is arts, entertainment and recreation. In detail, this covers creative, arts and entertainment activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
RArts, entertainment and recreation90Creative, arts and entertainment activities

To see the full business activity and turnover split of Milgrey Studio and Laboratories Private Limited, buy the company report.

Financials of Milgrey Studio and Laboratories Private Limited

FY 2025 filings available

Milgrey Studio and Laboratories Private Limited reported revenue of ₹5 Lakh (down 51% YoY) for FY 2025.

Revenue · FY 2025
₹5 Lakh ▼ 51%
Net loss · FY 2025
₹26.68 Lakh
EBITDA · FY 2025
-₹20.42 Lakh margin -408.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 51%
3 years · compounded
▼ 49%
5 years · compounded
▼ 35%
EBITDA CAGR growth
1 year
▼ 28%
3 years · compounded
▼ 10%
5 years · compounded
▼ 21%

Revenue has declined at a compounded annual rate (CAGR) of 35% over five years, including a 51% fall in the latest year. EBITDA fell 28% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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-₹20.42 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹26.68 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin-408.1%
Net Profit Margin
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 Milgrey Studio and Laboratories Private Limited, buy the company report.

Board of directors of Milgrey Studio and Laboratories Private Limited

Milgrey Studio and Laboratories has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Pravinbhai Ratilal PatelDirector17 Jan 198343 Years 9 MonthsCurrent
Ashokkumar Prahladrai ChhawchhariaDirector30 Jan 198046 Years 9 MonthsCurrent
Girdharilal Damodarlal SeksariaDirector10 May 197947 Years 5 MonthsCurrent

Auditor

Milgrey Studio and Laboratories Private Limited is audited by S. R. PARIKH & CO for the financial year 2017.

Auditor firmFinancial yearFirm registration number
S. R. PARIKH & COFY 2017107578W

Shareholding

The shareholding of Milgrey Studio and Laboratories Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Milgrey Studio and Laboratories Private Limited, buy the company report.

Charges & borrowings

Open charges
₹78.5 Lakh
Satisfied charges
None
Breakdown by lending institutions
Gujarat Industrail Investmentcorporation Limited₹0.50 Cr
Gujarat State Finanacial Corporation₹0.25 Cr
Bank of India₹0.04 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
08 Oct 198590185006Bank of India₹3.5 LakhOpen
18 May 198390183870Gujarat State Finanacial Corporation₹25 LakhOpen
08 Feb 198390184760Gujarat Industrail Investmentcorporation Limited₹50 LakhOpen

To see the full charge records of Milgrey Studio and Laboratories Private Limited, buy the company report.

Total charge records: 3 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Milgrey Studio and Laboratories Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Milgrey Studio and Laboratories Private Limited has a workforce of 2 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.

Employee count
2
Active EPFO establishments
1

GST

Milgrey Studio and Laboratories has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAACM4996J1ZYMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Milgrey Studio and Laboratories Private Limited, buy the company report.

Recent activity

Milgrey Studio and Laboratories Private Limited has 4 board changes on record since 1979: 3 appointments and 1 cessation. The latest: Basudeo Sagarmal Seksaria ceased to be Director on 16 Jan 2018.

AGM
Milgrey Studio And Laboratories Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Milgrey Studio And Laboratories Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Basudeo Sagarmal Seksaria ceased to be Director.
Charges
A charge with Bank Of India amounted to Rs. 3.50 Lakh with Charge ID 90185006 was registered on 08 Oct 1985.
Charges
A charge with Gujarat State Finanacial Corporation amounted to Rs. 25.00 Lakh with Charge ID 90183870 was registered on 18 May 1983.
Charges
A charge with Gujarat Industrail Investmentcorporation Limited of Rs. 50.00 Lakh registered on 08 Feb 1983 with Charge ID 90184760 was modified on 18 May 1983.
Charges
A charge with Gujarat Industrail Investmentcorporation Limited amounted to Rs. 50.00 Lakh with Charge ID 90184760 was registered on 08 Feb 1983.
Appointed
Pravinbhai Ratilal Patel was appointed as Director.
Appointed
Ashokkumar Prahladrai Chhawchharia was appointed as Director.
Appointed
Girdharilal Damodarlal Seksaria was appointed as Director.
Incorporation
10 May 1979
Milgrey Studio And Laboratories Private Limited was registered on 10 May 1979 with Roc Mumbai & aged 47 years 5 months as per MCA records.

Frequently asked questions

Milgrey Studio and Laboratories is an active private limited company based in Mumbai, Maharashtra, India. The company works in creative, within the art industry. It was incorporated on 10 May 1979 (47+ years old) and is registered under CIN U92100MH1979PTC021282.

Milgrey Studio and Laboratories has 3 current directors:

The latest financial statements of Milgrey Studio and Laboratories on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Milgrey Studio and Laboratories is 27AAACM4996J1ZY, registered in Maharashtra.

The CIN (Corporate Identification Number) of Milgrey Studio and Laboratories is U92100MH1979PTC021282. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Milgrey Studio and Laboratories has 3 court cases on record: 3 filed by the company. 1 is pending. Most are in the high courts.

Milgrey Studio and Laboratories was incorporated on 10 May 1979, making it 47+ years old. It is registered with the Registrar of Companies, Mumbai.

Basudeo Sagarmal Seksaria ceased to be Director on 16 Jan 2018. Pravinbhai Ratilal Patel was appointed as Director on 17 Jan 1983. Ashokkumar Prahladrai Chhawchharia was appointed as Director on 30 Jan 1980. Milgrey Studio and Laboratories has 4 board changes on record in total.

The registered office of Milgrey Studio and Laboratories is at Ramnord Bldg 2nd Flpatel Estate Road Jogeshwari W, Mumbai, Maharashtra, India – 400102.

Milgrey Studio and Laboratories operates in the art industry, in the creative segment.