About MMG India Private Limited
Data last updated:
MMG India Private Limited was a private limited company based in Nashik, Maharashtra, India, operated as a subsidiary of Delta Manufacturing Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 05 June 1996.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U27209MH1996PTC222840. Its GSTIN is 33AAACN3183E3ZS (Tamil Nadu). The company held 4 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹15 Cr and a paid-up capital of ₹13.87 Cr. It was led by directors including Abhilash Sunny (Whole-Time Director) and Ram Hemant Shroff.
Its last annual general meeting (AGM) was held on 27 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at B – 87 MIDC Ambad, Nashik, Maharashtra, India – 422010.
As per the financials filed for FY 2019, the company reported a revenue of ₹24.32 Cr, a growth of 16% compared to the previous year. For the same year it recorded a net loss of ₹6.22 Cr (net margin -25.6%) and EBITDA of -₹1.65 Cr (EBITDA margin -6.8%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years.
The company had about 50 employees on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had satisfied charges of ₹5.5 Cr on record. Court records list 14 cases involving the company, including 4 filed by the company and 10 filed against it. The company has 1 deal on record (1 acquisition); the latest was in June 2010. Its 3 peer companies in the Machinery and Equipment industry (Industrial Products Manufacturers), with the same principal business activity (metal and metal products) are compared by revenue, 1 larger and 2 smaller; the largest is Toyota Forms India Private Limited with revenue of ₹24.32 Cr.
The last known website on record is deltamagnetsgroup.com.
Company details
CIN history
MMG India has one previous CIN (Corporate Identification Number): U27209TN1996PTC035659. The current CIN is U27209MH1996PTC222840, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27209MH1996PTC222840 | Current |
| U27209TN1996PTC035659 | Previous |
Contact details
MMG India Private Limited's registered office is in Nashik, Maharashtra. Its website is deltamagnetsgroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressB – 87 MIDC Ambad, Nashik, Maharashtra, India – 422010
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of MMG India 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 MMG India is manufacturing. In detail, this covers metal and metal products and other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | |
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of MMG India Private Limited, buy the company report.
Financials of MMG India Private Limited
FY 2019 filings availableMMG India Private Limited reported revenue of ₹24.32 Cr (up 16% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 16% over three years, including 16% growth in the latest year. EBITDA fell 608% 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 | |||||
| Other Income | |||||
| Total Revenue | ₹24.32 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹1.65 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹6.22 Cr | ||||
| 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -6.8% | ||||
| Net Profit Margin | -25.6% | ||||
| 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 MMG India Private Limited, buy the company report.
Board of directors of MMG India Private Limited
MMG India has 5 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ram Hemant Shroff Also directs: Delta Manufacturing Limited, Charak Healthcare Private Limited, Creme-De-La-Creme Private Limited and 5 more | Director | 01 Oct 2012 | 14 Years 0 Months | As last reported |
| Abhilash Sunny Also directs: MMG Ferrites Private Limited, DML Ferrites Private Limited | Whole-Time Director | 23 Mar 2015 | 11 Years 7 Months | As last reported |
| Vrajesh Prabhakar Udani | Director | 23 Mar 2015 | 11 Years 7 Months | As last reported |
| Darius Khushroo Khambatta | Director | 01 Oct 2012 | 14 Years 0 Months | As last reported |
| Javed Faizullah Tapia | Director | 30 Jun 2010 | 16 Years 4 Months | As last reported |
Peer comparison
MMG India Private Limited is compared with the 3 companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Toyota Forms India Private Limited | ₹24.32 Cr (FY 2025) | -11.0% | Bavla, Gujarat, India | |||
| MMG India Private Limitedthis company | ₹24.32 Cr (FY 2019) | -₹6.22 Cr | -25.6% | 16.0% | 50 | Nashik, Maharashtra, India |
| M S Cabrol India Private Limited | ₹24.25 Cr (FY 2025) | 35.0% | Mumbai, Maharashtra, India | |||
| Procient Engineering Private Limited | ₹24.25 Cr (FY 2025) | -72.0% | Pune, Maharashtra, India |
To see the full peer comparison of MMG India Private Limited, buy the company report.
Auditor
MMG India Private Limited is audited by AMIT DESAI & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AMIT DESAI & CO | FY 2019 | 130710W |
Shareholding
The shareholding of MMG India Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of MMG India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 May 2014 | 10512213 | Others | ₹5.5 Cr | Satisfied |
To see the full charge records of MMG India Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
MMG India Private Limited has 1 deal on record (1 acquisition); the latest was in June 2010.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2010 | Acquisition | Undisclosed | Buyer: Delta Manufacturing Limited Seller: TT Electronics plc |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
MMG India Private Limited has 14 court cases on record: 4 filed by MMG India, 10 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 8 | 0 |
| High courts | 3 | 1 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Nashik, Maharashtra | Court case (Sum.Civ.Suit) | Filed by the company against M/S Kanik Electronics Pvt. | Disposed |
| District court, Kancheepuram, Tamil Nadu | Court case (ID) | Filed against the company by an individual | Disposed |
| District court, Chennai, Tamil Nadu | Court case (ID) | Filed against the company by an individual | Disposed |
| District court, Chennai, Tamil Nadu | Court case (ID) | Filed against the company by an individual | Disposed |
| Supreme Court | Court case (9999-Other) | Filed against the company by an individual | Disposed |
To see the full case history of MMG India 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for MMG India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
MMG India Private Limited has a workforce of 50 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
GST
MMG India has 4 GST registrations: 1 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACN3183E3ZS | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of MMG India Private Limited, buy the company report.
Recent activity
MMG India Private Limited has 19 board changes on record since 2008: 5 appointments and 14 cessations. The latest: Vrajesh Prabhakar Udani ceased to be Additional Director on 05 Sep 2015.
13 earlier events are in the company report.
Frequently asked questions
MMG India has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
MMG India was a private limited company based in Nashik, Maharashtra, India. The company worked in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 05 June 1996 and is registered under CIN U27209MH1996PTC222840. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
MMG India was incorporated on 05 June 1996. It is registered with the Registrar of Companies, Mumbai.
MMG India had 5 directors:
- Abhilash Sunny - Whole-Time Director
- Ram Hemant Shroff - Director
- Vrajesh Prabhakar Udani - Director
- Darius Khushroo Khambatta - Director
- Javed Faizullah Tapia - Director
The CIN (Corporate Identification Number) of MMG India is U27209MH1996PTC222840. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of MMG India is at B – 87 MIDC Ambad, Nashik, Maharashtra, India – 422010.
MMG India can be reached through the website deltamagnetsgroup.com. Its registered office is in Nashik, Maharashtra, India.
The latest financial statements of MMG India on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 27 September 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of MMG India is 33AAACN3183E3ZS, registered in Tamil Nadu. The company has 4 GST registrations in all, of which 1 is active and 3 are cancelled or inactive.
MMG India operated in the machinery and equipment industry, in the industrial machinery manufacturing segment.
MMG India has 1 deal on record (1 acquisition); the latest was in June 2010.
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