About Mynah Industries Limited
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Mynah Industries Limited is a public limited company based in Dharmapuri, Tamil Nadu, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 12 March 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U17111TZ1993PLC006729. The company has 4 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹41 Cr and a paid-up capital of ₹41 Cr. It was formerly known as Rama Qualitex Limited. It is led by directors including Bodugu Sudhakar (Managing Director) and Eaduguri Raghunatha Reddy.
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 S No 66/2 Mugalapalli Village Hosur Tk, Dharmapuri, Tamil Nadu, India – 635105.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.03 Cr, a decline of 82% compared to the previous year. For the same year it recorded a net profit of ₹95.63 Lakh (net margin 93.3%) and EBITDA of -₹4.59 Lakh (EBITDA margin -4.5%). Revenue has grown at a compounded annual rate (CAGR) of 192% over five years.
As per MCA filings, the company has satisfied charges of ₹352.78 Cr on record. Court records list 42 cases involving the company, including 25 filed by the company and 17 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mynah.co.in.
Company details
CIN history
Mynah Industries has one previous CIN (Corporate Identification Number): U17111TZ1985PLC006729. The current CIN is U17111TZ1993PLC006729, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17111TZ1993PLC006729 | Current |
| U17111TZ1985PLC006729 | Previous |
Contact details
Mynah Industries Limited's registered office is in Dharmapuri, Tamil Nadu. Its website is mynah.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressS No 66/2 Mugalapalli Village Hosur Tk, Dharmapuri, Tamil Nadu, India – 635105
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Mynah Industries 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 Mynah Industries is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
Financials of Mynah Industries Limited
FY 2024 filings availableMynah Industries Limited reported revenue of ₹1.03 Cr (down 82% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 82% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 192%. 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1.03 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹4.59 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹95.63 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 | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -4.5% | ||||
| Net Profit Margin | 93.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Mynah Industries Limited, buy the company report.
Board of directors of Mynah Industries Limited
Mynah Industries has 3 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Eaduguri Raghunatha Reddy | Director | 15 Dec 2020 | 5 Years 10 Months | Current |
| Bodugu Geetha | Director | 15 Dec 2020 | 5 Years 10 Months | Current |
| Bodugu Sudhakar | Managing Director | 15 Dec 2020 | 5 Years 10 Months | Current |
Auditor
Mynah Industries Limited is audited by JRS & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JRS & Associates | FY 2023 | 011778S |
Shareholding
The shareholding of Mynah Industries 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 2022 | FY 2021 | FY 2020 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mynah Industries Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 May 2013 | 10432041 | Dhanlaxmi Bank Limited | ₹20 Cr | Satisfied | |
| 02 May 2013 | 10423740 | Vijaya Bank | ₹30 Cr | Satisfied | |
| 11 May 2012 | 10356785 | Reliance Capital Ltd | ₹37.49 Lakh | Satisfied | |
| 14 Jun 2011 | 10299906 | Religare Finvest Limited | ₹12.32 Lakh | Satisfied | |
| 30 Mar 2011 | 10285700 | Reliance Capital Ltd | ₹32 Cr | Satisfied |
To see the full charge records of Mynah Industries Limited, buy the company report.
Total charge records: 17 View all charges
Legal cases
Mynah Industries Limited has 42 court cases on record: 25 filed by Mynah Industries, 17 filed against it. 2 cases are pending and 40 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 24 | 8 | 0 |
| High courts | 10 | 2 | 2 |
| NCLT | 7 | 6 | 0 |
| NCLAT | 1 | 1 | 0 |
Cases on record (5 of 42)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Amravati | Insolvency matter | Filed against the company by Niranjan Miriyala Resolution Professional of Sarita Synthetics & Industries Limited | Disposed |
| District court, Guntur, Andhra Pradesh | Civil suit | Filed against the company by M/S Savani Transports Pvt Ltd Rep by Director Ramaniklal Dalchand Shah | Disposed |
| District court, Guntur, Andhra Pradesh | Civil suit | Filed against the company by M/S Savani Carrying Pvt Ltd Rep by MD Ramaniklal Dalchand Shah | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Ms Reliance Capital Ltd | Disposed |
| High Court, ANDHRAPRADESH | Writ petition | Filed by the company against Eastern Power Distribution Company of Andhra Pradesh Ltd and 2 others | Disposed |
To see the full case history of Mynah Industries 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mynah Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mynah Industries has 4 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Mynah Industries Limited, buy the company report.
Recent activity
Mynah Industries Limited has 20 board changes on record since 2007: 3 appointments and 17 cessations. The latest: Yadvinder Kumar Jhamb ceased to be Director Appointed In Casual Vacancy on 26 Mar 2021.
52 earlier events are in the company report.
Frequently asked questions
Mynah Industries is an active public limited company based in Dharmapuri, Tamil Nadu, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 12 March 1993 (33+ years old) and is registered under CIN U17111TZ1993PLC006729.
Mynah Industries has 3 current directors:
- Bodugu Sudhakar - Managing Director
- Eaduguri Raghunatha Reddy - Director
- Bodugu Geetha - Director
The latest financial statements of Mynah Industries 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.
No. Mynah Industries has 4 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Mynah Industries is U17111TZ1993PLC006729. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mynah Industries has 42 court cases on record: 25 filed by the company and 17 filed against it. 2 are pending. Most are in the district courts.
Mynah Industries was incorporated on 12 March 1993, making it 33+ years old. It is registered with the Registrar of Companies, Coimbatore.
Yadvinder Kumar Jhamb ceased to be Director Appointed In Casual Vacancy on 26 Mar 2021. H Venkata Ramana Murti ceased to be Additional Director on 24 Mar 2021. Shakuntala Prakash Bhat ceased to be Additional Director on 24 Mar 2021. Mynah Industries has 20 board changes on record in total.
Mynah Industries can be reached through the website mynah.co.in. Its registered office is in Dharmapuri, Tamil Nadu, India.
The registered office of Mynah Industries is at S No 662 Mugalapalli Village Hosur Tk, Dharmapuri, Tamil Nadu, India – 635105.
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