Mtc Business Private Limited

Specializes in trading and selling various scrap and metal products, as well as prime steel products.

2000 | Mumbai, Maharashtra (India) | Active
Last Updated: December 07, 2024

Who are the key members and board of directors at Mtc Business?

Executive Team (1)

NameDesignationAppointment DateStatus
Narendra Mehta Country flag representing InManaging Director21-Dec-2000Current

Board Members (6)

NameDesignationAppointment DateStatus
Yash Mehta Country flag representing In Director 03-Dec-2021Current
Sanjay Mehta Country flag representing In Director 02-Apr-2001Current
Anil Jain Country flag representing In Director 03-Aug-2021Current
Lalit Baliya Country flag representing In Director 03-Mar-2007Current
Chintan Dhariwal Country flag representing In Director 19-Oct-2019Current
Naman Palawat Country flag representing In Director 19-Oct-2019Current

Financial Performance of Mtc Business.

Mtc Business Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 22.15% increase. The company also saw a substantial fall in profitability, with a 47.03% decrease in profit. The company's net worth moved up by a moderate rise of 9.61%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
22.15%
Revenue from Operations
22.11%
Total Assets
10.72%
Profit or Loss
-47.03%
Net Worth
9.61%
EBITDA
-30.81%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges

₹1,270.39 Cr

Satisfied Charges

₹1,087.85 Cr

Charges Breakdown by Lending Institutions

  • Others : 1270.39 Cr

Latest Charge Details

DateLenderAmountStatus
30 Oct 2024Others₹150.00 CrOpen
18 Jun 2024Others₹2.50 CrOpen
06 Apr 2024Others₹30.00 CrOpen
05 Feb 2024Others₹50.00 CrOpen
08 Jan 2024Others₹30.00 CrOpen

How Many Employees Work at Mtc Business?

Mtc Business has a workforce of 445 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

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Latest Updates, News, and FAQs on Mtc Business

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 150.00 Cr with Charge ID 101005223 was registered on 30 Oct 2024.

    30 Oct 2024

  • Charges

    A charge with Others of Rs. 30.00 Cr registered on 08 Jan 2024 with Charge ID 100843116 was modified on 28 Oct 2024.

    28 Oct 2024

  • Annual General Meeting

    Mtc Business Private Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.

    28 Sep 2024

  • Charges

    A charge registered on 31 Jan 2023 via Charge ID 100677148 with Others was fully satisfied on 09 Aug 2024.

    09 Aug 2024

  • Charges

    A charge with Others amounted to Rs. 2.50 Cr with Charge ID 100959579 was registered on 18 Jun 2024.

    18 Jun 2024

  • Charges

    A charge with Others amounted to Rs. 30.00 Cr with Charge ID 100901419 was registered on 06 Apr 2024.

    06 Apr 2024

Recent News, Updates & Announcement

Frequently asked questions

  • Mtc Business Private Limited was incorporated on 21 Dec 2000.

  • The authorized share capital of Mtc Business Private Limited is ₹ 50.00 Cr and paid-up capital is ₹ 9.50 Cr.

  • Currently 7 directors are associated with Mtc Business Private Limited.

    • Narendra Maganlal Mehta
    • Lalit Indarchand Baliya
    • Sanjay Maganlal Mehta
    • Chintan Dhariwal
    • Anil Bastimal Jain
    • Yash Narendra Mehta
    • Naman Palawat
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mtc Business Private Limited is 401 4Th Floor Navkar Commercial Complex Sir M.V.Road, Andheri (East) India, Mumbai, Maharashtra, 400069.

  • The corporate identification number (CIN) of Mtc Business Private Limited is U51420MH2000PTC130172 and the company number is 130172 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Mtc Business Private Limited is https://www.mtcgroup.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Mtc Business Private Limited has risen by 22.15%.

  • As Per 2023 financial reports, 445 employees are currently employed by Mtc Business Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Mtc Business Private Limited has experienced an upsurge of 9.61%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Mtc Business Private Limited amount to ₹ 1,270.39 Cr.

  • The most recent Balance Sheet for Mtc Business Private Limited was filed with the ROC on 31 Mar 2024.

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