- Category
- Medium (2024-25)
- Udyam number
- UDYAM-PB-12-0002703

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 12 filed by the company and 7 filed against it; 2 cases are pending.
Monga Brothers Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-12-0002703). 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.
Company details
CIN history
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 |
Recognitions & Rankings of Monga Brothers
Contact details
Monga Brothers Limited's registered office is in Ludhiana, Punjab. Its website is mongabrothers.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressGill Roadmiller Ganj Ludhiana, Punjab, India – 141003
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Monga Brothers 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 Monga Brothers is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Monga Brothers Limited, buy the company report.
Financials of Monga Brothers Limited
FY 2025 filings availableMonga Brothers Limited reported revenue of ₹154.67 Cr (down 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹3.62 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.34 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| 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) | |||||
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To see the full financial statements and ratios of Monga Brothers Limited, buy the company report.
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 | 17 Years 0 Months | Current |
| Harish Bhatt Also directs: Hero Ecotech Limited | Director | 30 Oct 2009 | 17 Years 0 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 |
Peer comparison
Monga Brothers Limited is compared with the 4 companies closest to it by revenue in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mark Steels Limited | ₹155.62 Cr (FY 2025) | -12.0% | Kolkata, West Bengal, 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 Limitedthis company | ₹154.67 Cr (FY 2025) | ₹1.34 Cr | 0.9% | -3.0% | 33 | Ludhiana, Punjab, India |
| Rengaraj Industries Private Limited | ₹153.28 Cr (FY 2025) | 8.0% | Salem, Tamil Nadu, India |
To see the full peer comparison of Monga Brothers Limited, buy the company report.
Auditor
Monga Brothers Limited is audited by M. P. Goyal & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M. P. Goyal & Co. | FY 2023 | 000962N |
Shareholding
The shareholding of Monga Brothers 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Monga Brothers Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Jul 2019 | 100315817 | Hdfc Bank Limited | ₹23.98 Cr | Open | |
| 11 Aug 2001 | 90172081 | Centurion Bank Ltd | ₹4.5 Lakh | Open | |
| 19 Oct 1997 | 90168967 | Central Bank of India | ₹6 Lakh | Open | |
| 29 Oct 1991 | 90170556 | Oriental Bank of Commerce | ₹9 Lakh | Open | |
| 13 Sep 1988 | 90170437 | Oriental Bank of Commerce | ₹75,500 | Open |
To see the full charge records of Monga Brothers Limited, buy the company report.
Total charge records: 26 View all charges
Legal cases
Monga Brothers Limited has 19 court cases on record: 12 filed by Monga Brothers, 7 filed against it. 2 cases are pending and 17 are disposed.
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 |
|---|---|---|---|
| High Court, PUNJAB | Writ petition | Filed by the company against Punjab State Power Corporation Ltd and Ors and 3 others | Disposed |
| District court, Ludhiana, Punjab | Civil suit | Filed by the company against Ms Shree Durga Steels | Disposed |
| High Court, DELHI | Criminal miscellaneous application | Filed against the company by an individual | Pending |
| High Court, PUNJAB | Criminal miscellaneous application | Filed against the company by an individual | Pending |
| Supreme Court | Appeal | Filed against the company by Deputy Commissioner of Income Tax | Disposed |
To see the full case history of Monga Brothers 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.
Credit ratings & regulatory alerts
Monga Brothers Limited was last rated by Brickwork on 22 Jun 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 22 Jun 2021 |
To see the full credit ratings and regulatory alerts of Monga Brothers Limited, buy the company report.
MSME payment delays
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. |
To see the full MSME payment records of Monga Brothers Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Monga Brothers Limited has a workforce of 33 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
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 |
To see the full GST registrations and return filing status of Monga Brothers Limited, buy the company report.
Recent activity
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 in the company report.
Frequently asked questions
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 has 4 current directors:
- Rishva Rani - Whole-Time Director
- Mukesh Gupta - Whole-Time Director
- Sharat Avasthi - Director
- Harish Bhatt - Director
The latest financial statements of Monga Brothers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
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: 12 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, Dayal Steels Limited, Agrasen Sponge Private Limited, Rengaraj Industries Private Limited, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
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.
Yes, Monga Brothers is registered as a medium enterprise under Udyam registration (number: UDYAM-PB-12-0002703).
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.
Monga Brothers can be reached through the website mongabrothers.com. Its registered office is in Ludhiana, Punjab, India.

