MRL Projects Private Limited
About MRL Projects Private Limited
Data last updated:
MRL Projects Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the online payment gateways segment of the financial services sector. It was incorporated on 01 November 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72900TG2017PTC120360. Its GSTIN is 36AALCM4178K1ZW (Telangana).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹10 Lakh. It is led by directors Kishore Kumar Kothapalli (Managing Director) and Rajeshkumar Kothapalli.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Plot No. 620 Road 33 Jubilee Hills, Hyderabad, Telangana, India – 500033.
As per the financials filed for FY 2022, the company reported a revenue of ₹46.68 Lakh, a decline of 77% compared to the previous year. For the same year it recorded a net loss of ₹5.8 Lakh (net margin -12.4%) and EBITDA of ₹2.09 Lakh (EBITDA margin 4.5%). Revenue has declined at a compounded annual rate (CAGR) of 37% over three years.
As per MCA filings, the company has satisfied charges of ₹45 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
MRL Projects Private Limited's registered office is in Hyderabad, Telangana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No. 620 Road 33 Jubilee Hills, Hyderabad, Telangana, India – 500033
- IndustryFinancial Services, Online Payment Gateways
To see the full contact details of MRL Projects 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 MRL Projects is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
Financials of MRL Projects Private Limited
FY 2022 filings availableMRL Projects Private Limited reported revenue of ₹46.68 Lakh (down 77% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 37% over three years, including a 77% fall in the latest year. EBITDA fell 99% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| 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 | ₹2.09 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹5.8 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.5% | ||||
| Net Profit Margin | -12.4% | ||||
| 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 MRL Projects Private Limited, buy the company report.
Board of directors of MRL Projects Private Limited
MRL Projects has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajeshkumar Kothapalli Also directs: MRL Thermal Technologies Private Limited, Asaco Private Limited | Director | 01 Nov 2017 | 8 Years 11 Months | Current |
| Kishore Kumar Kothapalli Also directs: Ark Water Management LLP, L V P Eye Innovations Foundation | Managing Director | 01 Nov 2017 | 8 Years 11 Months | Current |
Auditor
MRL Projects Private Limited is audited by PHANINDRA & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PHANINDRA & ASSOCIATES | FY 2019 | 013969S |
Shareholding
The shareholding of MRL Projects Private Limited is on record for FY 2019, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2019 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of MRL Projects Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Dec 2018 | 100239353 | Yes Bank Limited | ₹45 Lakh | Satisfied |
To see the full charge records of MRL Projects Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving MRL Projects Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for MRL Projects Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
MRL Projects has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AALCM4178K1ZW | Telangana | Active | 29 Dec 2017 |
To see the full GST registrations and return filing status of MRL Projects Private Limited, buy the company report.
Recent activity
MRL Projects Private Limited has 4 board changes on record since 2017: 2 appointments and 2 cessations. The latest: Meenakshi Kothapalli ceased to be Director on 15 Feb 2021.
Frequently asked questions
MRL Projects is an active private limited company based in Hyderabad, Telangana, India. The company works in online payment gateways, within the financial services industry. It was incorporated on 01 November 2017 (9+ years old) and is registered under CIN U72900TG2017PTC120360.
MRL Projects has 2 current directors:
- Kishore Kumar Kothapalli - Managing Director
- Rajeshkumar Kothapalli - Director
The latest financial statements of MRL Projects on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2018 are in the company report.
The GSTIN of MRL Projects is 36AALCM4178K1ZW, registered in Telangana.
The CIN (Corporate Identification Number) of MRL Projects is U72900TG2017PTC120360. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MRL Projects was incorporated on 01 November 2017, making it 9+ years old. It is registered with the Registrar of Companies, Hyderabad.
Meenakshi Kothapalli ceased to be Director on 15 Feb 2021. Kishore Kumar Kothapalli ceased to be Director on 17 Mar 2020. Kishore Kumar Kothapalli was appointed as Managing Director on 01 Nov 2017. MRL Projects has 4 board changes on record in total.
The registered office of MRL Projects is at Plot No. 620 Road 33 Jubilee Hills, Hyderabad, Telangana, India – 500033.
MRL Projects operates in the financial services industry, in the online payment gateways segment.
MRL Projects has no open charges and satisfied charges of ₹45 Lakh as per latest MCA filings.