About Myg Engineering Private Limited
Data last updated:
Myg Engineering Private Limited is a private limited company based in Kalyan, Maharashtra, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 15 September 2022.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U50100MH2022PTC390504. Its GSTIN is 27AAQCM1950Q1ZO (Maharashtra).
The company has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹30 Lakh. It is led by directors Ganesh Ramchandra Yesare and Nilesh Manohar Gawankar.
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 Unit No. 325 Globe Estate Kalyan Kalyan – Dombivali (M Corp.), Maharashtra, India – 421201.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.25 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹8.56 Lakh (net margin 2%) and EBITDA of ₹12.25 Lakh (EBITDA margin 2.9%).
The company has about 6 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹50 Lakh on record.
For more details, the company can be reached via its website mygengineeringprivatelimited.com.
- EmailLocked
- TelephoneLocked
- Social MediaLocked
- Registered AddressUnit No. 325 Globe Estate Kalyan Kalyan – Dombivali (M Corp.), Maharashtra, India – 421201
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
- 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
- One PDF report, delivered after checkout
Business Activity of Myg Engineering Private Limited
The main business activity of Myg Engineering is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Myg Engineering Private Limited FY 2025 filings available
Myg Engineering Private Limited reported revenue of ₹4.25 Cr (up 199% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Myg Engineering Private Limited
Revenue rose 199% in the latest year. EBITDA rose 156% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Myg Engineering Private Limited
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| 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 | ₹12.25 Lakh | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | ₹8.56 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 of Myg Engineering Private Limited
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 2.9% | •••• |
| Net Profit Margin | 2% | •••• |
| 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 | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Myg Engineering are in the company report.
Financial statements from FY 2023
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Myg Engineering Private Limited
Myg Engineering Private Limited is compared with the companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Elin Powertech Private Limited | ₹4.29 Cr (FY 2025) | •••• | •••• | -15.0% | •••• | Boisar, Maharashtra, India |
| Neurotronix Systems India Private Limited | ₹4.28 Cr (FY 2024) | •••• | •••• | 12.0% | •••• | Coimbatore, Tamil Nadu, India |
| Kherati Lall Sons Private Limited | ₹4.27 Cr (FY 2025) | •••• | •••• | -13.0% | •••• | New Delhi, Delhi, India |
| Unicor Innovations Private Limited | ₹4.27 Cr (FY 2025) | •••• | •••• | 770.0% | •••• | Delhi, India |
| Nats Electronics Private Limited | ₹4.25 Cr (FY 2025) | •••• | •••• | 693.0% | •••• | Kolkata, West Bengal, India |
| Myg Engineering Private Limited this company | ₹4.25 Cr (FY 2024) | •••• | •••• | 199.0% | •••• | Kalyan, Maharashtra, India |
| Orbel Electronics (India) Private Limited | ₹4.25 Cr (FY 2024) | •••• | •••• | -8.0% | •••• | Ahmedabad, Gujarat, India |
| Halopoly Industries Private Limited | ₹4.23 Cr (FY 2022) | •••• | •••• | 45.0% | •••• | Faridabad, Haryana, India |
| Gentel Electricals Private Limited | ₹4.22 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Faridabad, Haryana, India |
| Neutronics Manufacturing Private Limited | ₹4.21 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Mumbai, Maharashtra, India |
| Origen Smarttech Private Limited | ₹4.21 Cr (FY 2024) | •••• | •••• | 16.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Myg Engineering by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Myg Engineering Private Limited
Myg Engineering Private Limited is audited by Keval Mota for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Keval Mota | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Myg Engineering Private Limited
Myg Engineering 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 |
|---|---|---|---|---|
| Ganesh Ramchandra Yesare | Director | 15 Sep 2022 | 4 Years 0 Months | Current |
| Nilesh Manohar Gawankar | Director | 15 Sep 2022 | 4 Years 0 Months | Current |
Ownership and Shareholding of Myg Engineering Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Myg Engineering Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Nov 2024 | Hdfc Bank Limited | ₹50 Lakh | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Myg Engineering Private Limited
Employment history and EPFO contributions of people linked to Myg Engineering.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Myg Engineering Private Limited
Myg Engineering Private Limited has 6 board changes on record since 2022: 4 appointments and 2 cessations. The latest: Karthick Pravin Kannan ceased to be Director on 28 Apr 2025.
Credit Ratings, Litigation & Regulatory Alerts for Myg Engineering Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Myg Engineering Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Myg Engineering Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Myg Engineering Private Limited
Myg Engineering has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAQCM1950Q1ZO | Maharashtra | Active | 28 Sep 2022 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Myg Engineering Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Myg Engineering Private Limited
Myg Engineering is an active private limited company based in Kalyan, Maharashtra, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 15 September 2022 (4+ years old) and is registered under CIN U50100MH2022PTC390504.
Myg Engineering reported revenue of ₹4.25 Cr for FY 2024 (up 199% YoY).
Myg Engineering has 2 current directors:
- Ganesh Ramchandra Yesare - Director
- Nilesh Manohar Gawankar - Director
Myg Engineering reported a net profit of ₹8.56 Lakh (net margin 2%) and EBITDA of ₹12.25 Lakh (EBITDA margin 2.9%) for FY 2024, as per its filed financial statements.
The GSTIN of Myg Engineering is 27AAQCM1950Q1ZO, registered in Maharashtra.
The CIN (Corporate Identification Number) of Myg Engineering is U50100MH2022PTC390504. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Myg Engineering was incorporated on 15 September 2022, making it 4+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Myg Engineering by revenue are Elin Powertech Private Limited, Neurotronix Systems India Private Limited, Kherati Lall Sons Private Limited, Unicor Innovations Private Limited, Nats Electronics Private Limited and 5 more, all in the Consumer Durables industry (Electronic Appliances Manufacturing).
Karthick Pravin Kannan ceased to be Director on 28 Apr 2025. Sanket Sunil Bagul ceased to be Director on 28 Apr 2025. Karthick Pravin Kannan was appointed as Director on 10 Oct 2022. Myg Engineering has 6 board changes on record in total.
Myg Engineering can be reached through the website mygengineeringprivatelimited.com. Its registered office is in Kalyan, Maharashtra, India.
The registered office of Myg Engineering is at Unit No. 325 Globe Estate Kalyan Kalyan – Dombivali M Corp., Maharashtra, India – 421201.