Mangalore Minerals Private Limited

Mangalore Minerals Private Limited - manufacturing in Mangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U10100KA1987PTC008319 Incorporated 28 April 1987 ROC Bangalore HQ Mangalore, Karnataka, India
Active Private Limited Company manufacturing MSME · Medium
Data last updated
Revenue · FY 2025
₹106.56 Cr
▼ 23% YoY
Net loss · FY 2025
₹3.29 Cr
Net margin -3.1%
EBITDA · FY 2025
₹13.76 Cr
EBITDA margin 12.9%
Authorised capital
₹4 Cr
Registered with MCA
Paid-up capital
₹3.3 Cr
Issued & subscribed
Open charges
₹60.75 Cr
Satisfied ₹89.86 Cr
Company age
39 yrs
Est. 1987
Employees · EPFO
47
Provident fund records

About Mangalore Minerals Private Limited

Data last updated:

Mangalore Minerals Private Limited is a private limited company based in Mangalore, Karnataka, India. It operates in the construction materials segment of the manufacturing sector. It was incorporated on 28 April 1987 and has been in existence for over 39 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U10100KA1987PTC008319. Its GSTIN is 29AABCM3953G1ZD (Karnataka). The company holds 5 GST registrations, all of them active.

The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹3.3 Cr. It is led by directors including Santhosh Mendon (Managing Director) and Yashpal Mendon.

Its last annual general meeting (AGM) was held on 22 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mineral House Hampankatta Mangalore, Karnataka, India – 575001.

As per the financials filed for FY 2025, the company reported a revenue of ₹106.56 Cr, a decline of 23% compared to the previous year. For the same year it recorded a net loss of ₹3.29 Cr (net margin -3.1%) and EBITDA of ₹13.76 Cr (EBITDA margin 12.9%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 9% over five years.

The company has about 47 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.

As per MCA filings, the company has open charges of ₹60.75 Cr and satisfied charges of ₹89.86 Cr on record. Court records list 34 cases involving the company, including 31 filed by the company and 3 filed against it; 5 cases are pending. The company has 5 deals on record (4 secondary share transfers, 1 funding round), with disclosed funding of ₹1.86 Cr; the latest was in February 2021. The company has 14 MSME Form 1 returns on record between 2019 and 2024, listing 1,214 overdue payments to 49 micro and small suppliers.

Mangalore Minerals Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-11-0001810). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mangaloreminerals.com.

Company details

CIN U10100KA1987PTC008319
Registration Number 008319
Incorporation Date 28 April 1987
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 22 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KR-11-0001810
Key People
Santhosh Mendon Managing Director Yashpal Mendon Director Shivani Shankar Kanchan Director

Recognitions & Rankings of Mangalore Minerals

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-KR-11-0001810

Contact details

Mangalore Minerals Private Limited's registered office is in Mangalore, Karnataka. Its website is mangaloreminerals.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    mangaloreminerals.com
  • Registered Address
    Mineral House Hampankatta Mangalore, Karnataka, India – 575001
  • Industry
    Manufacturing, Construction Materials

To see the full contact details of Mangalore Minerals Private Limited, buy the company report.

Comprehensive company report
Mangalore Minerals 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 Mangalore Minerals is mining and quarrying. In detail, this covers other mining & quarrying activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
BMining and quarryingB4Other Mining & Quarrying Activities

To see the full business activity and turnover split of Mangalore Minerals Private Limited, buy the company report.

Financials of Mangalore Minerals Private Limited

FY 2025 filings available

Mangalore Minerals Private Limited reported revenue of ₹106.56 Cr (down 23% YoY) for FY 2025.

Revenue · FY 2025
₹106.56 Cr ▼ 23%
Net loss · FY 2025
₹3.29 Cr margin -3.1%
EBITDA · FY 2025
₹13.76 Cr margin 12.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 23%
3 years · compounded
▲ 5%
5 years · compounded
▲ 9%
EBITDA CAGR growth
1 year
▼ 37%
3 years · compounded
▲ 2%
5 years · compounded
▲ 4%

Revenue fell 23% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 9%. EBITDA fell 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹13.76 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹3.29 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin12.9%
Net Profit Margin-3.1%
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 Mangalore Minerals Private Limited, buy the company report.

Board of directors of Mangalore Minerals Private Limited

Mangalore Minerals has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Santhosh Mendon
Also directs: Mandovi Minerals Private Limited
Managing Director01 Jan 200026 Years 10 MonthsCurrent
Yashpal Mendon
Also directs: Mandovi Minerals Private Limited
Director11 Jul 200224 Years 3 MonthsCurrent
Shivani Shankar Kanchan
Also directs: Mandovi Minerals Private Limited
Director08 Feb 20215 Years 8 MonthsCurrent
View all directors

Shareholding

The shareholding of Mangalore Minerals 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Mangalore Minerals Private Limited, buy the company report.

Charges & borrowings

Open charges
₹60.75 Cr
Satisfied charges
₹89.86 Cr
Breakdown by lending institutions
Others₹59.88 Cr
Hdfc Bank Limited₹0.70 Cr
Centurion Bank Ltd.₹0.18 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
31 May 2025101111012Others₹35 LakhOpen
12 May 2025101104738Hdfc Bank Limited₹51.65 LakhOpen
08 Nov 2024101006242Others₹10 LakhOpen
07 Apr 2022100563218Hdfc Bank Limited₹18 LakhOpen
30 Dec 2021100529818Others₹5.97 CrOpen

To see the full charge records of Mangalore Minerals Private Limited, buy the company report.

Total charge records: 41 View all charges

Deals & funding

Mangalore Minerals Private Limited has 5 deals on record (4 secondary share transfers, 1 funding round), with disclosed funding of ₹1.86 Cr; the latest was in February 2021.

Total deals
5
Secondary share transfers
4
Funding round
1
Disclosed funding
₹1.86 Cr

Deals on record (5 of 5)

WhenDealAmountParties
Feb 2021Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Aug 2017Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
May 2015Secondary share transferUndisclosedBuyer: 2 individuals
Seller: 2 individuals
Mar 2011Funding round₹1.86 CrInvestors: 4 individuals
Mar 2008Secondary share transferUndisclosedBuyer: an individual
Seller: an individual

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Mangalore Minerals Private Limited has 14 MSME Form 1 returns on record between 2019 and 2024, listing 1,214 overdue payments to 49 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 49)

SupplierAmount dueDue sinceReported on
Mandovi Minerals Private Limited
an individual supplier
an individual supplier
an individual supplier
S.S. Fabricators

To see the full MSME payment records of Mangalore Minerals Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Group structure & subsidiaries

Mangalore Minerals has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

1
Subsidiary companies
Key subsidiaries
Company NameCINShares held
Mandovi Minerals Private LimitedU29246KA2005PTC035371

To see the full group structure of Mangalore Minerals Private Limited, buy the company report.

Employees & EPFO

Mangalore Minerals Private Limited has a workforce of 47 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.

Employee count
47
Active EPFO establishments
1
Employee growth
9.3%

GST

Mangalore Minerals has 5 GST registrations: 5 active. The first 4 active GSTINs are listed below.

Total GSTINs
5
Active
5
GSTINStateStatusRegistered on
29AABCM3953G1ZDKarnatakaActive01 Jul 2017
09AABCM3953G1ZFUttar PradeshActive01 Jul 2017
24AABCM3953G1ZNGujaratActive01 Jul 2017
27AABCM3953G1ZHMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Mangalore Minerals Private Limited, buy the company report.

Recent activity

Mangalore Minerals Private Limited has 8 board changes on record since 2000: 3 appointments and 5 cessations. The latest: Shivani Shankar Kanchan ceased to be Additional Director on 29 Sep 2021.

Charges
A charge registered on 28 Oct 2021 via Charge ID 100499553 with Hdfc Bank Limited was fully satisfied on 15 Nov 2025.
AGM
Mangalore Minerals Private Limited last Annual general meeting of members was held on 22 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 0.35 Cr with Charge ID 101111012 was registered on 31 May 2025.
Charges
A charge registered on 17 Apr 2021 via Charge ID 100453472 with Hdfc Bank Limited was fully satisfied on 13 May 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.52 Cr with Charge ID 101104738 was registered on 12 May 2025.
Charges
A charge with Others of Rs. 53.24 Cr registered on 27 Jan 2020 with Charge ID 100319988 was modified on 24 Apr 2025.
Charges
A charge registered on 29 Apr 2021 via Charge ID 100453624 with Others was fully satisfied on 19 Apr 2025.
Filing
Mangalore Minerals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge registered on 17 Mar 2021 via Charge ID 100435067 with Hdfc Bank Limited was fully satisfied on 17 Mar 2025.
Charges
A charge with Others amounted to Rs. 0.10 Cr with Charge ID 101006242 was registered on 08 Nov 2024.
Charges
A charge registered on 14 May 2018 via Charge ID 100235794 with Others was fully satisfied on 11 Jul 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.18 Cr with Charge ID 100563218 was registered on 07 Apr 2022.

78 earlier events are in the company report.

Frequently asked questions

Mangalore Minerals is an active private limited company based in Mangalore, Karnataka, India. The company works in construction materials, within the manufacturing industry. It was incorporated on 28 April 1987 (39+ years old) and is registered under CIN U10100KA1987PTC008319.

Mangalore Minerals has 3 current directors:

The latest financial statements of Mangalore Minerals on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 22 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Mangalore Minerals is 29AABCM3953G1ZD, registered in Karnataka. The company has 5 GST registrations in all, of which 5 are active. Other active GSTINs include 09AABCM3953G1ZF (Uttar Pradesh), 24AABCM3953G1ZN (Gujarat), 27AABCM3953G1ZH (Maharashtra).

The CIN (Corporate Identification Number) of Mangalore Minerals is U10100KA1987PTC008319. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Mangalore Minerals has 34 court cases on record: 31 filed by the company and 3 filed against it. 5 are pending. Most are in the high courts.

Mangalore Minerals was incorporated on 28 April 1987, making it 39+ years old. It is registered with the Registrar of Companies, Bangalore.

Mangalore Minerals has 5 deals on record (4 secondary share transfers, 1 funding round), with disclosed funding of ₹1.86 Cr; the latest was in February 2021.

Shivani Shankar Kanchan ceased to be Additional Director on 29 Sep 2021. Shivani Shankar Kanchan was appointed as Director on 08 Feb 2021. Yashpal Mendon ceased to be Director on 02 Mar 2020. Mangalore Minerals has 8 board changes on record in total.

Yes, Mangalore Minerals is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-11-0001810).

Mangalore Minerals has 14 MSME Form 1 returns on record between 2019 and 2024, listing 1,214 overdue payments to 49 micro and small suppliers. The latest return was filed on 30 Apr 2024.