About MPCL Industries Limited
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MPCL Industries Limited is a public limited company based in Delhi, India. It operates in the petrochemicals and derivatives segment of the chemicals and materials sector. It was incorporated on 12 February 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U26959DL1993PLC219546. Its GSTIN is 07AABCM0054E1Z1 (Delhi). The company holds 7 GST registrations, of which 6 are active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹1.59 Cr. It was formerly known as Mangali Petrochem Limited and Mangali Chemicals Limited. It is led by directors including Satya Pal Goyal (Whole-Time Director) and Rohit Goyal (Whole-Time Director).
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 904 9th Flr Krishna Apra. Business Square Netaji Subhash Pl. Pitampura, Delhi, India – 110034.
As per the financials filed for FY 2024, the company reported a revenue of ₹1,254.05 Cr, a decline of 14% compared to the previous year. For the same year it recorded a net loss of ₹31.65 Cr (net margin -2.5%) and EBITDA of ₹231.15 Cr (EBITDA margin 18.4%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 18% over five years.
The company has about 101 employees on its provident fund (EPFO) records. Its group structure includes 5 subsidiaries.
As per MCA filings, the company has open charges of ₹410.31 Cr and satisfied charges of ₹303.51 Cr on record. Court records list 23 cases involving the company, including 17 filed by the company and 6 filed against it; 8 cases are pending. The company has 16 deals on record (11 secondary share transfers, 4 funding rounds, 1 rights issue), with disclosed funding of ₹4.75 Cr; the latest was in September 2024. Its 6 peer companies in the Chemicals industry (Industrial Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 4 larger and 2 smaller; the largest is Calibre Chemicals Private Limited with revenue of ₹1,395.64 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 1 overdue payment to 1 micro and small supplier.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mpcl.co.in.
Company details
Name history
MPCL Industries has undergone 3 name changes throughout its history. The company was previously known as Mangali Petrochem Limited, Mangali Chemicals Limited, and Mangali Cements Ltd. The current legal name is Mpcl Industries Limited.
| Company Name | Status |
|---|---|
| MPCL Industries Limited | Current |
| Mangali Petrochem Limited | Previous |
| Mangali Chemicals Limited | Previous |
| Mangali Cements Ltd | Previous |
CIN history
MPCL Industries has one previous CIN (Corporate Identification Number): U26959HR1993PLC031918. The current CIN is U26959DL1993PLC219546, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U26959DL1993PLC219546 | Current |
| U26959HR1993PLC031918 | Previous |
Contact details
MPCL Industries Limited's registered office is in Delhi, Delhi. Its website is mpcl.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address904 9th Flr Krishna Apra. Business Square Netaji Subhash Pl. Pitampura, Delhi, India – 110034
- IndustryChemicals and Materials, Petrochemicals & Derivatives
To see the full contact details of MPCL Industries 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 activities of MPCL Industries are manufacturing and trade. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products and wholesale trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of MPCL Industries Limited, buy the company report.
Financials of MPCL Industries Limited
FY 2024 filings availableMPCL Industries Limited reported revenue of ₹1,254.05 Cr (down 14% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 14% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 18%. EBITDA rose 89% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹231.15 Cr | ||||
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| Net Profit (PAT) | -₹31.65 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 18.4% | ||||
| Net Profit Margin | -2.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of MPCL Industries Limited, buy the company report.
Board of directors of MPCL Industries Limited
MPCL Industries has 5 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shikha Goyal | Director | 01 Aug 2014 | 12 Years 2 Months | Current |
| Satya Pal Goyal | Whole-Time Director | 15 Feb 1993 | 33 Years 8 Months | Current |
| Ramkumar Goyal | Director | 10 May 2018 | 8 Years 5 Months | Current |
| Rohit Goyal Also directs: Plotcraft Media LLP, Ginni Global Private Limited, Balram Green Power Private Limited and 5 more | Whole-Time Director | 05 Oct 2020 | 6 Years 0 Months | Current |
| Renu Goyal | Director | 15 Sep 2005 | 21 Years 1 Months | Current |
Peer comparison
MPCL Industries Limited is compared with the 6 companies closest to it by revenue in the Chemicals industry (Industrial Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Calibre Chemicals Private Limited | ₹1,395.64 Cr (FY 2025) | 12.0% | Mumbai, Maharashtra, India | |||
| Krishana Phoschem Limited | ₹1,368.17 Cr (FY 2025) | 48.0% | Bhilwara, Rajasthan, India | |||
| Nalco Water India Private Limited | ₹1,325.83 Cr (FY 2025) | 25.0% | Pune, Maharashtra, India | |||
| Huntsman Solutions India Private Limited | ₹1,296.07 Cr (FY 2025) | 24.0% | Thane, Maharashtra, India | |||
| MPCL Industries Limitedthis company | ₹1,254.05 Cr (FY 2024) | -₹31.65 Cr | -2.5% | -14.0% | 101 | Delhi, India |
| Advanced Performance Materials Private Limited | ₹1,064.77 Cr (FY 2025) | 13.0% | Kolkata, West Bengal, India | |||
| G K N Chemical India Private Limited | ₹1,061.66 Cr (FY 2025) | 54.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of MPCL Industries Limited, buy the company report.
Auditor
MPCL Industries Limited is audited by V B R & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V B R & ASSOCIATES | FY 2023 | 013174N |
Shareholding
The shareholding of MPCL Industries 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 MPCL Industries Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Nov 2024 | 101028571 | Others | ₹41.51 Cr | Open | |
| 24 Oct 2024 | 100999311 | Others | ₹80 Lakh | Open | |
| 13 Sep 2019 | 100292347 | Axis Bank Limited | ₹140 Cr | Open | |
| 03 Apr 2018 | 100177730 | Yes Bank Limited | ₹68 Cr | Open | |
| 22 Jan 2018 | 100174523 | Hdfc Bank Limited | ₹50 Cr | Open |
To see the full charge records of MPCL Industries Limited, buy the company report.
Total charge records: 23 View all charges
Deals & funding
MPCL Industries Limited has 16 deals on record (11 secondary share transfers, 4 funding rounds, 1 rights issue), with disclosed funding of ₹4.75 Cr; the latest was in September 2024.
Deals on record (5 of 16)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2024 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Jawahar Lal Sons HUF, an individual |
| Feb 2024 | Secondary share transfer | Undisclosed | Seller: A3 Energy Pte Limited |
| Aug 2010 | Secondary share transfer | Undisclosed | Buyer: Gulf Oil Tanking Private Limited Seller: Dhanlabh Tie-Up Private Limited |
| May 2010 | Secondary share transfer | Undisclosed | Buyer: Gulf Oil Tanking Private Limited Seller: Jackpot Commercial Private Limited , Regency Dealcom Private Limited , Diamond Queen Jewellers Private Limited |
| Mar 2010 | Funding round | ₹1.8 Cr | Investors: Dhanlabh Tie-Up Private Limited , Gagndeep Vinimay Private Limited, Rose Vanijya Private Limited |
To see the full deal history of MPCL Industries Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
MPCL Industries Limited has 23 court cases on record: 17 filed by MPCL Industries, 6 filed against it. 8 cases are pending and 15 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 17 | 3 | 6 |
| High courts | 4 | 2 | 2 |
| Supreme Court | 1 | 0 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 23)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, North West, Delhi | Cheque dishonour complaint | Filed by the company against Atmos Industries Pvt Ltd | Pending |
| District court, North West, Delhi | Civil suit | Filed by the company against Polar Gases Pvt. Ltd. and Ors. | Disposed |
| District court, BALLARI, Karnataka | Criminal complaint | Filed against the company by Ms.Iliyash Mines and Minerals Pvt.Ltd., Rept. by Its Chairman and Managing Director A.R.Mohammed I | Disposed |
| District court, North West, Delhi | Interim or miscellaneous application | Filed by the company against an individual | Pending |
| High Court of Delhi | Commercial suit | Filed by the company against an individual | Pending |
To see the full case history of MPCL Industries 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
MPCL Industries Limited has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 1 overdue payment to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier |
To see the full MSME payment records of MPCL Industries Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
MPCL Industries has 5 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Ginni Global Private Limited | U17119DL1989PTC038457 | |
| Onward Equipments Private Limited | U29299MH1995PTC087621 | |
| Onward Solar Power Private Limited | U40100DL2022PTC393428 | |
| Vento Power Private Limited | U40106DL2013PTC257690 | |
| Osmanabad Solar Energy Limited | U40300MH2011PLC218480 |
To see the full group structure of MPCL Industries Limited, buy the company report.
Employees & EPFO
MPCL Industries Limited has a workforce of 101 employees on its EPFO records as of Feb 06, 2025, across 1 active EPFO establishment.
GST
MPCL Industries has 7 GST registrations: 6 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AABCM0054E1Z1 | Delhi | Active | 01 Jul 2017 |
| 06AABCM0054E1Z3 | Haryana | Active | 01 Jul 2017 |
| 26AABCM0054E2Z0 | Dadra and Nagar Haveli and Daman and Diu | Active | 01 Jul 2017 |
| 27AABCM0054E1ZZ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of MPCL Industries Limited, buy the company report.
Recent activity
MPCL Industries Limited has 13 board changes on record since 1993: 5 appointments and 8 cessations. The latest: Ankur Gupta ceased to be Director on 01 Oct 2021.
53 earlier events are in the company report.
Frequently asked questions
MPCL Industries is an active public limited company based in Delhi, India. The company works in petrochemicals and derivatives, within the chemicals and materials industry. It was incorporated on 12 February 1993 (33+ years old) and is registered under CIN U26959DL1993PLC219546.
MPCL Industries has 5 current directors:
- Satya Pal Goyal - Whole-Time Director
- Rohit Goyal - Whole-Time Director
- Shikha Goyal - Director
- Ramkumar Goyal - Director
- Renu Goyal - Director
The latest financial statements of MPCL Industries 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 MPCL Industries is 07AABCM0054E1Z1, registered in Delhi. The company has 7 GST registrations in all, of which 6 are active and 1 is cancelled or inactive. Other active GSTINs include 06AABCM0054E1Z3 (Haryana), 26AABCM0054E2Z0 (Dadra and Nagar Haveli and Daman and Diu), 27AABCM0054E1ZZ (Maharashtra).
The CIN (Corporate Identification Number) of MPCL Industries is U26959DL1993PLC219546. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MPCL Industries has 23 court cases on record: 17 filed by the company and 6 filed against it. 8 are pending. Most are in the district courts.
MPCL Industries was incorporated on 12 February 1993, making it 33+ years old. It is registered with the Registrar of Companies, Delhi.
MPCL Industries has 16 deals on record (11 secondary share transfers, 4 funding rounds, 1 rights issue), with disclosed funding of ₹4.75 Cr; the latest was in September 2024.
The peers of MPCL Industries by revenue are Calibre Chemicals Private Limited, Krishana Phoschem Limited, Nalco Water India Private Limited, Huntsman Solutions India Private Limited, Advanced Performance Materials Private Limited and 1 more, all in the Chemicals industry (Industrial Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Ankur Gupta ceased to be Director on 01 Oct 2021. Rohit Goyal ceased to be Additional Director on 06 Oct 2020. Rohit Goyal was appointed as Whole-Time Director on 05 Oct 2020. MPCL Industries has 13 board changes on record in total.
MPCL Industries has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 30 Apr 2024.
MPCL Industries can be reached through the website mpcl.co.in. Its registered office is in Delhi, India.