About Monga Brothers Limited
Data last updated:
Monga Brothers Limited is a public limited company based in Ludhiana, Punjab, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 17 August 1966 and has been in existence for over 60 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U27205PB1966PLC002663. Its GSTIN is 03AABCM1199G1ZP (Punjab). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹5.2 Cr and a paid-up capital of ₹4.1 Cr. It was formerly known as Monga Brothers Private Limited. It is led by directors including Rishva Rani (Whole-Time Director) and Mukesh Gupta (Whole-Time Director).
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 Gill Roadmiller Ganj Ludhiana, Punjab, India – 141003.
As per the financials filed for FY 2025, the company reported a revenue of ₹154.67 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹1.34 Cr (net margin 0.9%) and EBITDA of ₹3.62 Cr (EBITDA margin 2.3%). Revenue has grown at a compounded annual rate (CAGR) of 5% over five years.
The company has about 33 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹24.51 Cr and satisfied charges of ₹34.85 Cr on record. Court records list 19 cases involving the company, including 11 filed by the company and 7 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mongabrothers.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressGill Roadmiller Ganj Ludhiana, Punjab, India – 141003
- IndustryMetals and Minerals, Steel Manufacturing & Processing
- 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 Monga Brothers Limited
The main business activity of Monga Brothers is manufacturing. In detail, this covers metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | 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 Monga Brothers Limited FY 2025 filings available
Monga Brothers Limited reported revenue of ₹154.67 Cr (down 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Monga Brothers Limited
Revenue fell 3% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA rose 37% 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 Monga Brothers 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 | ₹3.62 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.34 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 of Monga Brothers Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.9% | •••• | •••• | •••• | •••• |
| 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 Monga Brothers are in the company report.
Financial statements from 2015
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 Monga Brothers Limited
Monga Brothers Limited is compared with the companies closest to it by revenue in the Metals and Minerals industry (Steel). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mark Steels Limited | ₹155.62 Cr (FY 2025) | •••• | •••• | -12.0% | •••• | Kolkata, West Bengal, India |
| Hnpe Knowledge Private Limited | ₹155.4 Cr (FY 2024) | •••• | •••• | -10.0% | •••• | Navi Mumbai, Maharashtra, India |
| Bhavya Tubes Private Limited | ₹155.16 Cr (FY 2025) | •••• | •••• | 45.0% | •••• | Vapi, Gujarat, India |
| Dayal Steels Limited | ₹154.92 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | Patna, Bihar, India |
| Agrasen Sponge Private Limited | ₹154.85 Cr (FY 2025) | •••• | •••• | -14.0% | •••• | Rajgangpur, Odisha, India |
| Monga Brothers Limited this company | ₹154.67 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Ludhiana, Punjab, India |
| Regal Tradecon Private Limited | ₹154.44 Cr (FY 2025) | •••• | •••• | -18.0% | •••• | Bhubaneswar, Odisha, India |
| Liberty Steel Processors Pvt Ltd | ₹154.33 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Navi Mumbai, Maharashtra, India |
| Biop Steels & Power Private Limited | ₹154.32 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Bellary, Karnataka, India |
| Sakti Steel Enterprises Pvt Ltd | ₹153.39 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Guwahati, Assam, India |
| Rengaraj Industries Private Limited | ₹153.28 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Salem, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Monga Brothers by revenue in the Metals and Minerals industry (Steel), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Monga Brothers Limited
Monga Brothers Limited is audited by M. P. Goyal & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M. P. Goyal & Co. | 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 Monga Brothers Limited
Monga Brothers has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rishva Rani Also directs: Three Star Health Foods Private Limited, RGV Threads Private Limited, J P Iron and Steel Ltd and 5 more | Whole-Time Director | 01 Nov 2009 | 16 Years 11 Months | Current |
| Sharat Avasthi | Director | 30 Oct 2009 | 16 Years 11 Months | Current |
| Harish Bhatt Also directs: Hero Ecotech Limited | Director | 30 Oct 2009 | 16 Years 11 Months | Current |
| Mukesh Gupta Also directs: Three Star Health Foods Private Limited, RGV Threads Private Limited, J P Iron and Steel Ltd and 5 more | Whole-Time Director | 01 Nov 2009 | 16 Years 11 Months | Current |
Ownership and Shareholding of Monga Brothers 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 Monga Brothers Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Jul 2019 | Hdfc Bank Limited | ₹23.98 Cr | Open |
| 11 Aug 2001 | Centurion Bank Ltd | ₹4.5 Lakh | Open |
| 19 Oct 1997 | Central Bank of India | ₹6 Lakh | Open |
| 29 Oct 1991 | Oriental Bank of Commerce | ₹9 Lakh | Open |
| 13 Sep 1988 | Oriental Bank of Commerce | ₹75,500 | Open |
Total charge records: 26 View all charges
Legal Cases of Monga Brothers Limited
Monga Brothers Limited has 19 court cases on record: 11 filed by Monga Brothers, 7 filed against it, 1 where it is another party. 2 cases are pending and 17 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 13 | 3 | 0 |
| High courts | 5 | 3 | 2 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ludhiana, Punjab | Civil suit | Filed by the company against Shree Durga Steels Private Limited | Disposed |
| High Court of Punjab and Haryana | Criminal miscellaneous application | Filed against the company by an individual | Pending |
| High Court of Punjab and Haryana | Writ petition | Filed by the company against Deputy Commissioner of Income Tax | Disposed |
| High Court of Punjab and Haryana | Writ petition | Company is another party | Disposed |
| High Court of Punjab and Haryana | Criminal miscellaneous application | Filed against the company by an individual | Disposed |
Full case history
All 19 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Monga Brothers Limited
Monga Brothers Limited has 10 MSME Form 1 returns on record between 2019 and 2023, listing 124 overdue payments to 24 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 24)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Rattan Hammer | •••• | •••• | •••• |
| Somal Pipes Pvt Ltd | •••• | •••• | •••• |
| Steelage Refractories Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| D.Tech&Co. | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 10 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Monga Brothers Limited
Monga Brothers Limited has a workforce of 33 employees as of Apr 04, 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.
CIN History of Monga Brothers Limited
Monga Brothers has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U27205PB1966PLC002663, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27205PB1966PLC002663 | Current |
| L65921PB1966PLC002663 | Previous |
| L27205PB1966PLC002663 | Previous |
Recent Activity on Monga Brothers Limited
Monga Brothers Limited has 8 board changes on record since 2009: 4 appointments and 4 cessations. The latest: Sanjay Kumar Gupta ceased to be Director on 21 Nov 2022.
45 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Monga Brothers 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.
Subsidiaries & Group Companies of Monga Brothers 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 Monga Brothers Limited
Monga Brothers has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AABCM1199G1ZP | Punjab | Active | 01 Jul 2017 |
| 03AABCM1199G1DY | Punjab | Active | 04 Nov 2024 |
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 Monga Brothers 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 Monga Brothers Limited
Monga Brothers is an active public limited company based in Ludhiana, Punjab, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 17 August 1966 (60+ years old) and is registered under CIN U27205PB1966PLC002663.
Monga Brothers reported revenue of ₹154.67 Cr for FY 2025 (down 3% YoY).
Monga Brothers has 4 current directors:
- Rishva Rani - Whole-Time Director
- Mukesh Gupta - Whole-Time Director
- Sharat Avasthi - Director
- Harish Bhatt - Director
Monga Brothers reported a net profit of ₹1.34 Cr (net margin 0.9%) and EBITDA of ₹3.62 Cr (EBITDA margin 2.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Monga Brothers is 5% over five years. In the latest year (FY 2025) revenue fell 3%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Monga Brothers is 03AABCM1199G1ZP, registered in Punjab. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 03AABCM1199G1DY (Punjab).
The CIN (Corporate Identification Number) of Monga Brothers is U27205PB1966PLC002663. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Monga Brothers has 19 court cases on record: 11 filed by the company and 7 filed against it. 2 are pending. Most are in the district courts.
Monga Brothers was incorporated on 17 August 1966, making it 60+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Monga Brothers by revenue are Mark Steels Limited, Hnpe Knowledge Private Limited, Bhavya Tubes Private Limited, Dayal Steels Limited, Agrasen Sponge Private Limited and 5 more, all in the Metals and Minerals industry (Steel).
Sanjay Kumar Gupta ceased to be Director on 21 Nov 2022. Subhash Chander Bansal ceased to be Director on 01 Sep 2018. Harish Bhatt ceased to be Additional Director on 30 Sep 2010. Monga Brothers has 8 board changes on record in total.
Monga Brothers has 10 MSME Form 1 returns on record between 2019 and 2023, listing 124 overdue payments to 24 micro and small suppliers. The latest return was filed on 15 Dec 2023.