MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2023-24)
- Udyam number
- UDYAM-TS-25-0000411
MMG Steels Private Limited
MMG Steels Private Limited - metals and minerals in Medak, Telangana, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹1.35 Cr
▼ 98% YoY
Net profit · FY 2025
₹15.46 Lakh
Net margin 11.4%
EBITDA · FY 2025
₹36.03 Lakh
EBITDA margin 26.7%
Authorised capital
₹60 Lakh
Registered with MCA
Paid-up capital
₹55.16 Lakh
Issued & subscribed
Open charges
₹4.91 Cr
Satisfied ₹1.5 Cr
Company age
23 yrs
Est. 2003
Employees · EPFO
35
Provident fund records
About MMG Steels Private Limited
Data last updated:
MMG Steels Private Limited is a private limited company based in Medak, Telangana, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 22 August 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U27109TG2003PTC041569. Its GSTIN is 36AADCM8671P1ZO (Telangana). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹60 Lakh and a paid-up capital of ₹55.16 Lakh. It is led by directors Neeraj Goenka and Karan Goenka.
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 Plot No.14 Idamolaram Jinnaram Mandal, Medak, Telangana, India – 502325.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.35 Cr, a decline of 98% compared to the previous year. For the same year it recorded a net profit of ₹15.46 Lakh (net margin 11.4%) and EBITDA of ₹36.03 Lakh (EBITDA margin 26.7%). Revenue has declined at a compounded annual rate (CAGR) of 77% over three years and 54% over five years.
The company has about 35 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹4.91 Cr and satisfied charges of ₹1.5 Cr on record. Court records list 33 cases involving the company, including 24 filed by the company and 9 filed against it; 5 cases are pending.
MMG Steels Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-25-0000411). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U27109TG2003PTC041569
Registration Number 041569
Incorporation Date 22 August 2003
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-TS-25-0000411
CIN history
MMG Steels has one previous CIN (Corporate Identification Number): U27109AP2003PTC041569. The current CIN is U27109TG2003PTC041569, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27109TG2003PTC041569 | Current |
| U27109AP2003PTC041569 | Previous |
Key People
Neeraj Goenka Director Karan Goenka Director Recognitions & Rankings of MMG Steels
Contact details
MMG Steels Private Limited's registered office is in Medak, Telangana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No.14 Idamolaram Jinnaram Mandal, Medak, Telangana, India – 502325
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of MMG Steels Private Limited, buy the company report.
Comprehensive company report
MMG Steels 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 MMG Steels is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of MMG Steels Private Limited, buy the company report.
Financials of MMG Steels Private Limited
FY 2025 filings availableMMG Steels Private Limited reported revenue of ₹1.35 Cr (down 98% YoY) for FY 2025.
Revenue · FY 2025
₹1.35 Cr ▼ 98%
Net profit · FY 2025
₹15.46 Lakh margin 11.4%
EBITDA · FY 2025
₹36.03 Lakh margin 26.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 98%
3 years · compounded
▼ 77%
5 years · compounded
▼ 54%
EBITDA CAGR growth
1 year
▼ 34%
3 years · compounded
▼ 38%
5 years · compounded
▼ 12%
Revenue has declined at a compounded annual rate (CAGR) of 54% over five years, including a 98% fall in the latest year. EBITDA fell 34% 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 | ₹36.03 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹15.46 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 | 26.7% | ||||
| Net Profit Margin | 11.4% | ||||
| 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 | |||||
To see the full financial statements and ratios of MMG Steels Private Limited, buy the company report.
Board of directors of MMG Steels Private Limited
MMG Steels has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Neeraj Goenka Also directs: Premier Capital Services Limited, Deepson Dealing Pvt.Ltd., Devashree Ispat Private Limited and 1 more | Director | 22 Aug 2003 | 23 Years 2 Months | Current |
| Karan Goenka Also directs: Deepson Dealing Pvt.Ltd., Indraloke Dealers Private Limited | Director | 10 Dec 2020 | 5 Years 10 Months | Current |
Peer comparison
MMG Steels Private Limited is compared with the 3 companies closest to it by revenue in the Metals and Minerals industry (Steel), 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 |
|---|---|---|---|---|---|---|
| Mega Exim Private Limited | ₹1.35 Cr (FY 2025) | 97.0% | Ludhiana, Punjab, India | |||
| MMG Steels Private Limitedthis company | ₹1.35 Cr (FY 2025) | ₹15.46 Lakh | 11.4% | -98.0% | 35 | Medak, Telangana, India |
| Rattan Steel Products Private Limited | ₹1.35 Cr (FY 2025) | 46.0% | Ludhiana, Punjab, India | |||
| Profile Technologies Private Limited | ₹1.35 Cr (FY 2024) | 25.0% | Gurugram, Haryana, India |
To see the full peer comparison of MMG Steels Private Limited, buy the company report.
Auditor
MMG Steels Private Limited is audited by SUNIL & SANJAY for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUNIL & SANJAY | FY 2022 | 06144S |
Shareholding
The shareholding of MMG Steels 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 MMG Steels Private Limited, buy the company report.
Charges & borrowings
Open charges
₹4.91 Cr
Satisfied charges
₹1.5 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Aug 2021 | 100481704 | Hdfc Bank Limited | ₹19.63 Lakh | Open | |
| 15 Mar 2004 | 80023862 | State Bank of India | ₹4.71 Cr | Open | |
| 15 Mar 2004 | 90125142 | State Bank of India | ₹1.5 Cr | Satisfied |
To see the full charge records of MMG Steels Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
MMG Steels Private Limited has 33 court cases on record: 24 filed by MMG Steels, 9 filed against it. 5 cases are pending and 28 are disposed.
Total cases
33
Filed by the company
24
Filed against the company
9
Pending
5
Disposed
28
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 30 | 6 | 3 |
| Supreme Court | 3 | 3 | 2 |
Cases on record (5 of 33)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1815-Ordinary Civil Matters : Matters relating to Electricity Dispute(connection/disconnection etc)) | Filed against the company by Southern Power Distribution Company of Telangana Limited Through Chairman and Managing Director Corporate Office 6-1-50, Mint Compound, Hyderabad, Telangana ,Hyderabad , Telangana and 6 others | Pending |
| High Court, TELANGANA | Writ petition | Filed by the company against The Southern Power Distribution Company of Telangana Limited and 5 others | Pending |
| High Court for State of Telangana | Appeal | Filed by the company against The Southern Power Distribution Company of Telangana Limited and 1 other | Disposed |
| High Court, TELANGANA | Writ petition | Filed by the company against The Southern Power Distribution Company of Telangana Limited and 4 others | Disposed |
| High Court, TELANGANA | Writ petition | Filed by the company against The Union of India and 4 others | Pending |
To see the full case history of MMG Steels 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 Steels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
MMG Steels Private Limited has a workforce of 35 employees on its EPFO records as of Mar 21, 2024, across 1 active EPFO establishment.
Employee count
35
Active EPFO establishments
1
Employee growth
-7.89%
GST
MMG Steels has 3 GST registrations: 1 active and 2 cancelled or inactive.
Total GSTINs
3
Active
1
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AADCM8671P1ZO | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of MMG Steels Private Limited, buy the company report.
Recent activity
MMG Steels Private Limited has 4 board changes on record since 2003: 2 appointments and 2 cessations. The latest: Karan Goenka ceased to be Additional Director on 30 Sep 2021.
AGM
Mmg Steels Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Mmg Steels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Hyderabad.
Charges
A charge with State Bank Of India of Rs. 471.00 Lakh registered on 15 Mar 2004 with Charge ID 80023862 was modified on 28 Feb 2022.
Ceased
Karan Goenka ceased to be Additional Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 19.63 Lakh with Charge ID 100481704 was registered on 26 Aug 2021.
Appointed
Karan Goenka was appointed as Director.
Ceased
Shyam Goenka Sunder ceased to be Director.
Charges
A charge registered on 15 Mar 2004 via Charge ID 90125142 with State Bank Of India was fully satisfied on 07 Jan 2009.
Charges
A charge with State Bank Of India amounted to Rs. 150.00 Lakh with Charge ID 90125142 was registered on 15 Mar 2004.
Charges
A charge with State Bank Of India amounted to Rs. 471.00 Lakh with Charge ID 80023862 was registered on 15 Mar 2004.
Appointed
Neeraj Goenka was appointed as Director.
Incorporation
22 Aug 2003
Mmg Steels Private Limited was registered on 22 Aug 2003 with Roc Hyderabad & aged 23 years 2 months as per MCA records.
Frequently asked questions
MMG Steels is an active private limited company based in Medak, Telangana, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 22 August 2003 (23+ years old) and is registered under CIN U27109TG2003PTC041569.
MMG Steels has 2 current directors:
- Neeraj Goenka - Director
- Karan Goenka - Director
The latest financial statements of MMG Steels 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 MMG Steels is 36AADCM8671P1ZO, registered in Telangana. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of MMG Steels is U27109TG2003PTC041569. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MMG Steels has 33 court cases on record: 24 filed by the company and 9 filed against it. 5 are pending. Most are in the high courts.
MMG Steels was incorporated on 22 August 2003, making it 23+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of MMG Steels by revenue are Mega Exim Private Limited, Rattan Steel Products Private Limited, Profile Technologies Private Limited, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Karan Goenka ceased to be Additional Director on 30 Sep 2021. Karan Goenka was appointed as Director on 10 Dec 2020. Shyam Goenka Sunder ceased to be Director on 10 Dec 2020. MMG Steels has 4 board changes on record in total.
Yes, MMG Steels is registered as a medium enterprise under Udyam registration (number: UDYAM-TS-25-0000411).
The registered office of MMG Steels is at Plot No.14 Idamolaram Jinnaram Mandal, Medak, Telangana, India – 502325.
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