About MMF Induction Private Limited
Data last updated:
MMF Induction Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 14 December 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74990KA2018PTC119473. Its GSTIN is 29AAMCM2977P1ZD (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sanath Prakash Ullal and Shubhada Prakash.
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 S Narasimhamurthy No.42 43 Somashettyhalli, Bangalore, Karnataka, India – 560090.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.41 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹25.54 Lakh (net margin 4%) and EBITDA of ₹59.63 Lakh (EBITDA margin 9.3%). Revenue has grown at a compounded annual rate (CAGR) of 39% over three years and 24% over five years.
The company has about 12 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: MMF Induction. As per MCA filings, the company has open charges of ₹1.2 Cr on record.
For more details, the company can be reached via its website mmfinduction.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressS Narasimhamurthy No.42 43 Somashettyhalli, Bangalore, Karnataka, India – 560090
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
- 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 MMF Induction Private Limited
The main business activity of MMF Induction is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | 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 MMF Induction Private Limited FY 2024 filings available
MMF Induction Private Limited reported revenue of ₹6.41 Cr (up 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of MMF Induction Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 24% over five years, including 4% growth in the latest year. EBITDA rose 53% 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 MMF Induction Private Limited
| 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 | ₹59.63 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹25.54 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 MMF Induction Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 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 MMF Induction are in the company report.
Financial statements from FY 2019
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 MMF Induction Private Limited
MMF Induction Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| GPR Electrical and Automation Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Spera Vacuum Equipment Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Aquaventure Solution Private Limited | •••• | •••• | •••• | •••• | - | Jaipur, Rajasthan, India |
| Superflux and Electrodes (India) Private Limited | •••• | •••• | •••• | •••• | - | Coimbatore, Tamil Nadu, India |
| Shanpro Technology & Systems Private Limited | •••• | •••• | •••• | •••• | - | Raipur, Chattisgarh, India |
| MMF Induction Private Limited this company | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Bankey Ji Containers Unit IV Private Limited | •••• | •••• | •••• | •••• | - | Ludhiana, Punjab, India |
| Afmc Lubrication Pvt Ltd | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Daffodil Power Industries Private Limited | •••• | •••• | •••• | •••• | - | Jagadhri, Haryana, India |
| Unitrade Abrapack Private Limited | •••• | •••• | •••• | •••• | - | Aurangabad, Maharashtra, India |
| Lex Technoaid International Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below MMF Induction by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers), 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 MMF Induction Private Limited
MMF Induction Private Limited is audited by RAKCHAMPS & CO. LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RAKCHAMPS & CO. LLP | 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 MMF Induction Private Limited
MMF Induction has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanath Prakash Ullal Also directs: Citrica Food and Beverages Private Limited | Director | 01 Aug 2023 | 3 Years 2 Months | Current |
| Shubhada Prakash | Director | 26 Jul 2022 | 4 Years 2 Months | Current |
Ownership and Shareholding of MMF Induction 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 MMF Induction Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Jan 2021 | Karnataka Bank Ltd. | ₹1.2 Cr | Open |
Total charge records: 1 View all charges
Associated Brands with MMF Induction Private Limited
MMF Induction operates one associated brand: MMF Induction. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of induction heating and cooling equipment for industrial applications. | mmfinduction.com |
Employees and EPFO Compliance at MMF Induction Private Limited
MMF Induction Private Limited has a workforce of 12 employees as of Apr 05, 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 MMF Induction Private Limited
MMF Induction Private Limited has 6 board changes on record since 2020: 2 appointments and 4 cessations. The latest: Shubhada Prakash ceased to be Additional Director on 29 Sep 2023.
Credit Ratings, Litigation & Regulatory Alerts for MMF Induction 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.
MSME Payment Delays by MMF Induction Private Limited
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 MMF Induction 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 MMF Induction Private Limited
MMF Induction has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAMCM2977P1ZD | Karnataka | Active | 31 Dec 2018 |
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 MMF Induction 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 MMF Induction Private Limited
MMF Induction is an active private limited company based in Bangalore, Karnataka, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 14 December 2018 (8+ years old) and is registered under CIN U74990KA2018PTC119473.
MMF Induction reported revenue of ₹6.41 Cr for FY 2025 (up 4% YoY).
MMF Induction has 2 current directors:
- Sanath Prakash Ullal - Director
- Shubhada Prakash - Director
MMF Induction reported a net profit of ₹25.54 Lakh (net margin 4%) and EBITDA of ₹59.63 Lakh (EBITDA margin 9.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of MMF Induction is 39% over three years and 24% over five years. In the latest year (FY 2025) revenue rose 4%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of MMF Induction is 29AAMCM2977P1ZD, registered in Karnataka.
The CIN (Corporate Identification Number) of MMF Induction is U74990KA2018PTC119473. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MMF Induction was incorporated on 14 December 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of MMF Induction by revenue are GPR Electrical and Automation Private Limited, Spera Vacuum Equipment Private Limited, Aquaventure Solution Private Limited, Superflux and Electrodes (India) Private Limited, Shanpro Technology & Systems Private Limited and 5 more, all in the Machinery and Equipment industry (Industrial Products Manufacturers).
Shubhada Prakash ceased to be Additional Director on 29 Sep 2023. Sanath Prakash Ullal was appointed as Director on 01 Aug 2023. Naveen Kumar Ullal ceased to be Director on 26 Jul 2022. MMF Induction has 6 board changes on record in total.
MMF Induction can be reached through the website mmfinduction.com. Its registered office is in Bangalore, Karnataka, India.