MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2022-23)
- Udyam number
- UDYAM-TS-02-0000575
MK Mills Private Limited
MK Mills Private Limited - manufacturing in Hyderabad, Telangana, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹77.82 Cr
▼ 3% YoY
Net profit · FY 2025
₹41.46 Lakh
Net margin 0.5%
EBITDA · FY 2025
₹6.48 Cr
EBITDA margin 8.3%
Authorised capital
₹17 Cr
Registered with MCA
Paid-up capital
₹15.05 Cr
Issued & subscribed
Open charges
₹244.11 Cr
Satisfied ₹312.22 Cr
Company age
31 yrs
Est. 1995
Employees · EPFO
542
Provident fund records
About MK Mills Private Limited
Data last updated:
MK Mills Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 09 August 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U17110TG1995PTC021374. Its GSTIN is 36AAACI4515K1ZM (Telangana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹17 Cr and a paid-up capital of ₹15.05 Cr. It was formerly known as Myk Spinning Industries Limited and Indu Spin Industries Limited. It is led by directors including Munikrishna Papagari (Managing Director) and Yashwanth Krishna Papagari.
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 Hyderabad, Telangana.
As per the financials filed for FY 2025, the company reported a revenue of ₹77.82 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹41.46 Lakh (net margin 0.5%) and EBITDA of ₹6.48 Cr (EBITDA margin 8.3%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 5% over five years.
The company has about 542 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹244.11 Cr and satisfied charges of ₹312.22 Cr on record. Court records list 14 cases involving the company, including 8 filed by the company and 6 filed against it; 3 cases are pending.
MK Mills Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-02-0000575). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U17110TG1995PTC021374
Registration Number 021374
Incorporation Date 09 August 1995
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-TS-02-0000575
Name history
MK Mills has undergone 4 name changes throughout its history. The current legal name is Mk Mills Private Limited.
| Company Name | Status |
|---|---|
| MK Mills Private Limited | Current |
| Myk Spinning Industries Limited | Previous |
| Indu Spin Industries Limited | Previous |
| Myk Spinning Industries Private Limited | Previous |
CIN history
MK Mills has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U17110TG1995PTC021374, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17110TG1995PTC021374 | Current |
| U17110TG1995PLC021374 | Previous |
| U17110AP1995PLC021374 | Previous |
Key People
Munikrishna Papagari Managing Director Yashwanth Krishna Papagari Director Dharma Reddy Gujjula Director Recognitions & Rankings of MK Mills
Contact details
MK Mills Private Limited's registered office is in Hyderabad, Telangana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressMyscape Weave, 5th Floor Financial District, Hyderabad, Telangana, India – 500032
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of MK Mills Private Limited, buy the company report.
Comprehensive company report
MK Mills 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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Business activity
The main business activity of MK Mills is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of MK Mills Private Limited, buy the company report.
Financials of MK Mills Private Limited
FY 2024 filings availableMK Mills Private Limited reported revenue of ₹77.82 Cr (down 3% YoY) for FY 2025.
Revenue · FY 2025
₹77.82 Cr ▼ 3%
Net profit · FY 2025
₹41.46 Lakh margin 0.5%
EBITDA · FY 2025
₹6.48 Cr margin 8.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 3%
3 years · compounded
▼ 7%
5 years · compounded
▲ 5%
EBITDA CAGR growth
1 year
▲ 3%
3 years · compounded
▼ 12%
5 years · compounded
▲ 6%
Revenue fell 3% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA rose 3% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | ₹6.48 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹41.46 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.3% | ||||
| Net Profit Margin | 0.5% | ||||
| 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 MK Mills Private Limited, buy the company report.
Board of directors of MK Mills Private Limited
MK Mills has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Yashwanth Krishna Papagari Also directs: Shree Sai Gardens Pvt. Ltd., Parasakti Cement Industries Limited, Reitz India Limited and 5 more | Director | 29 Sep 2006 | 20 Years 0 Months | Current |
| Munikrishna Papagari Also directs: Shree Sai Gardens Pvt. Ltd., Myk Arment Private Limited, Parasakti Cement Industries Limited and 5 more | Managing Director | 24 Jul 1996 | 30 Years 3 Months | Current |
| Dharma Reddy Gujjula Also directs: Garuda Industries Private Limited, Pocharam Infrastructure Private Limited, Pocharam Homebuild Private Limited and 2 more | Director | 01 Jul 2020 | 6 Years 3 Months | Current |
| Meenakshi Venkatesan Also directs: Parasakti Cement Industries Limited, Subhadra Investments Private Limited, Subhadra Investments Private Limited and 4 more | Director | 10 Dec 2022 | 3 Years 10 Months | Current |
Peer comparison
MK Mills Private Limited is compared with the 7 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nath Brothers Exim International Limited | ₹77.88 Cr (FY 2024) | 6.0% | New Delhi, Delhi, India | |||
| Sri Krishna Spinning and Weaving Mills Private Limited | ₹77.84 Cr (FY 2025) | 15.0% | Bagalore, Karnataka, India | |||
| MK Mills Private Limitedthis company | ₹77.82 Cr (FY 2025) | ₹41.46 Lakh | 0.5% | -3.0% | 542 | Hyderabad, Telangana, India |
| Sri Vishnu Weaving Private Limited | ₹77.8 Cr (FY 2025) | -9.0% | Chennai, Tamil Nadu, India | |||
| Aghara Knitwear Private Limited | ₹77.76 Cr (FY 2025) | 42.0% | Halvad, Gujarat, India | |||
| Reflect Sculpt Private Limited | ₹77.71 Cr (FY 2025) | 4.0% | New Delhi, Delhi, India | |||
| SS Textile Mills Private Limited | ₹77.68 Cr (FY 2023) | -9.0% | Erode, Tamil Nadu, India | |||
| Radhey Radhey Yarns Private Limited | ₹77.66 Cr (FY 2025) | 4.0% | Panipat, Haryana, India |
To see the full peer comparison of MK Mills Private Limited, buy the company report.
Auditor
MK Mills Private Limited is audited by VAS & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VAS & Co. | FY 2023 | 004537S |
Shareholding
The shareholding of MK Mills Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of MK Mills Private Limited, buy the company report.
Charges & borrowings
Open charges
₹244.11 Cr
Satisfied charges
₹312.22 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Dec 2024 | 101035993 | Others | ₹130 Cr | Open | |
| 14 Jun 2024 | 100957213 | Others | ₹75 Cr | Open | |
| 20 Oct 2022 | 100623103 | Axis Bank Limited | ₹3 Cr | Open | |
| 21 Jan 2022 | 100545601 | Others | ₹10 Cr | Open | |
| 26 Oct 2020 | 100407803 | Others | ₹26.11 Cr | Open |
To see the full charge records of MK Mills Private Limited, buy the company report.
Total charge records: 26 View all charges
Legal cases
MK Mills Private Limited has 14 court cases on record: 8 filed by MK Mills, 6 filed against it. 3 cases are pending and 11 are disposed.
Total cases
14
Filed by the company
8
Filed against the company
6
Pending
3
Disposed
11
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 14 | 6 | 3 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TELANGANA | Writ petition | Filed by the company against Southern Power Distribution Company of Telangana Limited and 3 Others and 3 others | Pending |
| High Court, TELANGANA | Appeal | Filed by the company against Central Power Distribution Company of Andhra Pradesh Ltd., and 5 others | Disposed |
| High Court, TELANGANA | Writ petition | Filed by the company against Central Power Distribution Company of Andhra Pradesh Ltd., and 4 others | Disposed |
| High Court, TELANGANA | Writ petition | Filed by the company against Andhra Pradesh Gas Power Corporation Ltd., and 2 others | Disposed |
| Madras High Court | Writ petition | Filed by the company against The Deputy Commissioner of Customs Eodc | Pending |
To see the full case history of MK Mills Private Limited, buy the company report.
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.
Credit ratings & regulatory alerts
MK Mills Private Limited was last rated by Icra on 29 Jul 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 29 Jul 2021 |
To see the full credit ratings and regulatory alerts of MK Mills Private Limited, buy the company report.
MSME payment delays
MK Mills Private Limited has 7 MSME Form 1 returns on record between 2019 and 2021, listing 58 overdue payments to 13 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 13)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Shree Ramachandra Trad | |||
| Anabham Industrial Belts | |||
| an individual supplier | |||
| S.S.R.K.Plastics Private Limited |
To see the full MSME payment records of MK Mills Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
MK Mills has 2 associated companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
2
Associated companies
Employees & EPFO
MK Mills Private Limited has a workforce of 542 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
542
Active EPFO establishments
1
Employee growth
-1.28%
GST
MK Mills has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAACI4515K1ZM | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of MK Mills Private Limited, buy the company report.
Recent activity
MK Mills Private Limited has 10 board changes on record since 1996: 7 appointments and 3 cessations. The latest: Yadama Kirthi Krishna ceased to be Whole-Time Director on 01 May 2023.
Charges
A charge registered on 30 Mar 2021 via Charge ID 100444240 with Others was fully satisfied on 09 Jun 2025.
Charges
A charge with Others of Rs. 26.11 Cr registered on 26 Oct 2020 with Charge ID 100407803 was modified on 04 Feb 2025.
Charges
A charge with Others amounted to Rs. 130.00 Cr with Charge ID 101035993 was registered on 11 Dec 2024.
Charges
A charge with Others of Rs. 75.00 Cr registered on 14 Jun 2024 with Charge ID 100957213 was modified on 28 Nov 2024.
AGM
Mk Mills Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 75.00 Cr with Charge ID 100957213 was registered on 14 Jun 2024.
Filing
Mk Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.
Ceased
Yadama Kirthi Krishna ceased to be Whole-Time Director.
Ceased
Yadama Muralidhar ceased to be Director.
Charges
A charge registered on 03 Mar 2021 via Charge ID 100426106 with Others was fully satisfied on 27 Mar 2023.
Appointed
Meenakshi Venkatesan was appointed as Director.
Charges
A charge with Axis Bank Limited amounted to Rs. 3.00 Cr with Charge ID 100623103 was registered on 20 Oct 2022.
60 earlier events are in the company report.
Frequently asked questions
MK Mills is an active private limited company based in Hyderabad, Telangana, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 09 August 1995 (31+ years old) and is registered under CIN U17110TG1995PTC021374.
MK Mills has 4 current directors:
- Munikrishna Papagari - Managing Director
- Yashwanth Krishna Papagari - Director
- Dharma Reddy Gujjula - Director
- Meenakshi Venkatesan - Director
The latest financial statements of MK Mills on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of MK Mills is 36AAACI4515K1ZM, registered in Telangana. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of MK Mills is U17110TG1995PTC021374. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MK Mills has 14 court cases on record: 8 filed by the company and 6 filed against it. 3 are pending.
MK Mills was incorporated on 09 August 1995, making it 31+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of MK Mills by revenue are Nath Brothers Exim International Limited, Sri Krishna Spinning and Weaving Mills Private Limited, Sri Vishnu Weaving Private Limited, Aghara Knitwear Private Limited, Reflect Sculpt Private Limited and 2 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Yadama Kirthi Krishna ceased to be Whole-Time Director on 01 May 2023. Yadama Muralidhar ceased to be Director on 31 Mar 2023. Meenakshi Venkatesan was appointed as Director on 10 Dec 2022. MK Mills has 10 board changes on record in total.
Yes, MK Mills is registered as a medium enterprise under Udyam registration (number: UDYAM-TS-02-0000575).
MK Mills has 7 MSME Form 1 returns on record between 2019 and 2021, listing 58 overdue payments to 13 micro and small suppliers. The latest return was filed on 01 Sep 2021.
The registered office of MK Mills is at Myscape Weave, 5th Floor Financial District, Hyderabad, Telangana, India – 500032.