Mecgale Pneumatics Private Limited

Mecgale Pneumatics Private Limited - machinery and equipment in Nagpur, Maharashtra, India. FY 2026 financials & compliance.
CIN U74999MH2003PTC139205 Incorporated 18 February 2003 ROC Mumbai HQ Nagpur, Maharashtra, India
Active Private Limited Company machinery and equipment MSME · Medium
Data last updated
Revenue · FY 2024
₹255.06 Cr
▲ 8% YoY
Net profit · FY 2024
₹25.61 Cr
Net margin 10%
EBITDA · FY 2024
₹36.24 Cr
EBITDA margin 14.2%
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹8.86 Cr
Issued & subscribed
Open charges
₹247.25 Cr
Satisfied ₹108.09 Cr
Company age
23 yrs
Est. 2003
Employees · EPFO
400
Provident fund records

About Mecgale Pneumatics Private Limited

Data last updated:

Mecgale Pneumatics Private Limited is a private limited company based in Nagpur, Maharashtra, India. It operates in the material handling and storage equipment segment of the machinery and industrial equipment sector. It was incorporated on 18 February 2003 and has been in existence for over 23 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2003PTC139205. Its GSTIN is 27AADCM7418C1ZN (Maharashtra). The company holds 13 GST registrations, all of them active.

The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹8.86 Cr. It is led by directors Tapas Umapada Sarkar (Managing Director) and Tarit Kumar Sarkar (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 N – 65 M.I.D.C. Industrial Area Hingna, Nagpur, Maharashtra, India – 440016.

As per the financials filed for FY 2024, the company reported a revenue of ₹255.06 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹25.61 Cr (net margin 10%) and EBITDA of ₹36.24 Cr (EBITDA margin 14.2%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 12% over five years.

The company has about 400 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Mecgale. As per MCA filings, the company has open charges of ₹247.25 Cr and satisfied charges of ₹108.09 Cr on record. Court records list 31 cases involving the company, including 18 filed by the company and 13 filed against it; 7 cases are pending. The company has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹1.54 Cr; the latest was in March 2024. The company has 19 MSME Form 1 returns on record between 2019 and 2023, listing 1,794 overdue payments to 25 micro and small suppliers.

Mecgale Pneumatics Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-20-0029592). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mecgale.com.

Company details

CIN U74999MH2003PTC139205
Registration Number 139205
Incorporation Date 18 February 2003
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-20-0029592

Recognitions & Rankings of Mecgale Pneumatics

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-MH-20-0029592

Contact details

Mecgale Pneumatics Private Limited's registered office is in Nagpur, Maharashtra. Its website is mecgale.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    N – 65 M.I.D.C. Industrial Area Hingna, Nagpur, Maharashtra, India – 440016
  • Industry
    Machinery and Equipment, Material Handling & Storage Equipment

To see the full contact details of Mecgale Pneumatics Private Limited, buy the company report.

Comprehensive company report
Mecgale Pneumatics 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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Brands

Mecgale Pneumatics operates one associated brand: Mecgale. Each brand links to its own profile.

BrandDescriptionWebsite
EPC services for energy, environmental, and industrial sectors in India.mecgale.com

Business activity

The main business activities of Mecgale Pneumatics are manufacturing, trade and professional, scientific and technical. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment, wholesale trading and other professional, scientific and technical activities. 3 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC10Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment
GTradeG1Wholesale Trading
MProfessional, Scientific and TechnicalM9Other professional, scientific and technical activities

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

Financials of Mecgale Pneumatics Private Limited

FY 2024 filings available

Mecgale Pneumatics Private Limited reported revenue of ₹255.06 Cr (up 8% YoY) for FY 2024.

Revenue · FY 2024
₹255.06 Cr ▲ 8%
Net profit · FY 2024
₹25.61 Cr margin 10%
EBITDA · FY 2024
₹36.24 Cr margin 14.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 8%
3 years · compounded
▲ 12%
5 years · compounded
▲ 12%
EBITDA CAGR growth
1 year
▲ 14%
3 years · compounded
▲ 17%
5 years · compounded
▲ 21%

Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 8% growth in the latest year. EBITDA rose 14% 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹36.24 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹25.61 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin14.2%
Net Profit Margin10%
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 Mecgale Pneumatics Private Limited, buy the company report.

Board of directors of Mecgale Pneumatics Private Limited

Mecgale Pneumatics has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Tapas Umapada SarkarManaging Director01 Jul 201511 Years 3 MonthsCurrent
Tarit Kumar SarkarWhole-Time Director18 Feb 200323 Years 8 MonthsCurrent

Auditor

Mecgale Pneumatics Private Limited is audited by MAHESH RATHI & CO. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
MAHESH RATHI & CO.FY 2023105824W

Shareholding

The shareholding of Mecgale Pneumatics 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 Mecgale Pneumatics Private Limited, buy the company report.

Charges & borrowings

Open charges
₹247.25 Cr
Satisfied charges
₹108.09 Cr
Breakdown by lending institutions
Others₹247.25 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
13 May 2020100340333Others₹247.25 CrOpen
12 Mar 201510562583Others₹20 CrSatisfied
12 Apr 201310421467Hdfc Bank Limited₹10.98 LakhSatisfied
17 Apr 200490345818State Bank of India₹87.5 CrSatisfied
17 Apr 200490347047State Bank of India₹48 LakhSatisfied

To see the full charge records of Mecgale Pneumatics Private Limited, buy the company report.

Total charge records: 5 View all charges

Deals & funding

Mecgale Pneumatics Private Limited has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹1.54 Cr; the latest was in March 2024.

Total deals
5
Secondary share transfers
3
Funding rounds
2
Disclosed funding
₹1.54 Cr

Deals on record (5 of 5)

WhenDealAmountParties
Mar 2024Secondary share transferUndisclosedSeller: Maabhaiih Foundation
Dec 2022Secondary share transferUndisclosedBuyer: Maabhaiih Foundation
Seller: an individual
Oct 2021Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Mar 2013Funding round₹25.5 LakhInvestors: an individual
Mar 2010Funding round₹1.28 CrInvestors: 2 individuals

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

Credit ratings & regulatory alerts

Mecgale Pneumatics Private Limited was last rated by Crisil on 12 Apr 2021.

Rating agencyRated onRating
Crisil12 Apr 2021

To see the full credit ratings and regulatory alerts of Mecgale Pneumatics Private Limited, buy the company report.

MSME payment delays

Mecgale Pneumatics Private Limited has 19 MSME Form 1 returns on record between 2019 and 2023, listing 1,794 overdue payments to 25 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 25)

SupplierAmount dueDue sinceReported on
an individual supplier
an individual supplier
Punjab Machine Tools
Deepshikha Castings Private Limited
Ace Conveyors Private Limited

To see the full MSME payment records of Mecgale Pneumatics Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Mecgale Pneumatics Private Limited has a workforce of 400 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.

Employee count
400
Active EPFO establishments
1
Employee growth
3.63%

GST

Mecgale Pneumatics has 13 GST registrations: 13 active. The first 4 active GSTINs are listed below.

Total GSTINs
13
Active
13
GSTINStateStatusRegistered on
27AADCM7418C1ZNMaharashtraActive01 Jul 2017
27AADCM7418C2ZMMaharashtraActive01 Nov 2017
27AADCM7418C3ZLMaharashtraActive06 Dec 2024
18AADCM7418C1ZMAssamActive01 Jul 2017

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

Recent activity

Mecgale Pneumatics Private Limited has 3 board changes on record since 2003: 2 appointments and 1 cessation. The latest: Tapas Umapada Sarkar was appointed as Managing Director on 01 Jul 2015.

Charges
A charge with Others of Rs. 247.25 Cr registered on 13 May 2020 with Charge ID 100340333 was modified on 24 Jan 2025.
AGM
Mecgale Pneumatics Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Mecgale Pneumatics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge registered on 17 Apr 2004 via Charge ID 90347047 with State Bank Of India was fully satisfied on 25 Mar 2021.
Charges
A charge registered on 17 Apr 2004 via Charge ID 90345818 with State Bank Of India was fully satisfied on 25 Mar 2021.
Charges
A charge registered on 12 Mar 2015 via Charge ID 10562583 with Others was fully satisfied on 24 Mar 2021.
Charges
A charge with Others amounted to Rs. 247.25 Cr with Charge ID 100340333 was registered on 13 May 2020.
Charges
A charge with State Bank Of India of Rs. 87.50 Cr registered on 17 Apr 2004 with Charge ID 90345818 was modified on 01 Jan 2020.
Charges
A charge with Others of Rs. 20.00 Cr registered on 12 Mar 2015 with Charge ID 10562583 was modified on 30 Mar 2019.
Charges
A charge registered on 12 Apr 2013 via Charge ID 10421467 with Hdfc Bank Limited was fully satisfied on 02 Mar 2018.
Appointed
Tapas Umapada Sarkar was appointed as Managing Director.
Ceased
Tarit Kumar Sarkar ceased to be Director.

7 earlier events are in the company report.

Frequently asked questions

Mecgale Pneumatics is an active private limited company based in Nagpur, Maharashtra, India. The company works in material handling and storage equipment, within the machinery and equipment industry. It was incorporated on 18 February 2003 (23+ years old) and is registered under CIN U74999MH2003PTC139205.

Mecgale Pneumatics has 2 current directors:

The latest financial statements of Mecgale Pneumatics 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 Mecgale Pneumatics is 27AADCM7418C1ZN, registered in Maharashtra. The company has 13 GST registrations in all, of which 13 are active. Other active GSTINs include 27AADCM7418C2ZM (Maharashtra), 27AADCM7418C3ZL (Maharashtra), 18AADCM7418C1ZM (Assam).

The CIN (Corporate Identification Number) of Mecgale Pneumatics is U74999MH2003PTC139205. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Mecgale Pneumatics has 31 court cases on record: 18 filed by the company and 13 filed against it. 7 are pending. Most are in the district courts.

Mecgale Pneumatics was incorporated on 18 February 2003, making it 23+ years old. It is registered with the Registrar of Companies, Mumbai.

Mecgale Pneumatics has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹1.54 Cr; the latest was in March 2024.

Tapas Umapada Sarkar was appointed as Managing Director on 01 Jul 2015. Tarit Kumar Sarkar ceased to be Director on 01 Jul 2015. Tarit Kumar Sarkar was appointed as Whole-Time Director on 18 Feb 2003.

Yes, Mecgale Pneumatics is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-20-0029592).

Mecgale Pneumatics has 19 MSME Form 1 returns on record between 2019 and 2023, listing 1,794 overdue payments to 25 micro and small suppliers. The latest return was filed on 21 Jan 2024.