Mccormick India Private Limited - Company overview

Mg Cooling Solutions is an MCA-registered Indian company: a Private Limited Indian Non-Government Company (CIN U51909KA1997PTC021698). Busin…

1997-01-24 Bengaluru, Karnataka Active Unlisted Active Compliant
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MI Mccormick India Private Limited
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Key Metrics

AUTHORISED CAPITAL
2.00 cr
PAID-UP CAPITAL
1.74 cr
COMPANY AGE
29 Years 4 Months
since 1997-01-24
LAST FILING WITH ROC
2019-03-31
Last AGM: 2019-09-30
OPEN CHARGES
-
-
SATISFIED CHARGES
-
-
REVENUE
PROFIT / LOSS
EBITDA
NET WORTH
TOTAL ASSETS
TOTAL MONEY RAISED
ACTIVE GST
-

About Mg Cooling Solutions

Mg Cooling Solutions is an MCA-registered Indian company: a Private Limited Indian Non-Government Company (CIN U51909KA1997PTC021698). Business overview includes Business Services (Business Support Services), incorporated on January 24, 1997 (29+ years old), headquartered in Bengaluru, Karnataka, India. The company is currently Active with Active Compliant compliance status. For FY 2019, the company reported revenue of ₹15.26 Lakh with a profit of ₹5.24 Lakh. It has 3 active directors.

Business Support Services
  • Location Room No. 423, 2Nd Floor, Alankar Pearl Plaza K. G. Road, Bengaluru, Karnataka - 560009
  • Website mccormick.com
CIN / LLPINU51909KA1997PTC021698
Company No.021698
ClassificationPrivate Limited Indian Non-Government Company
Incorporation Date1997-01-24
Date of AGM2019-09-30
Date of Balance Sheet2019-03-31
Listing StatusUnlisted
ROC CodeRoc Bangalore
PAN
LEI Number
Active ComplianceActive Compliant

Financial Performance of Mg Cooling Solutions

Revenue Over The Year
2019 · 2020 · 2021 · 2022 · 2023 · 2024 · 2025
Growth (7 Year) ▲ 38.3% Growth (3 Year) ▼ -9.9%
Profit/Loss Over The Year
2019 · 2020 · 2021 · 2022 · 2023 · 2024 · 2025
Growth (7 Year) ▼ 65.1% Growth (3 Year) ▼ 60.7%
Values are in Mixed (K, L, Cr)
Metrics FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019
Revenue 2,20,083.04 cr2,35,431.21 cr2,51,890.00 cr2,18,400.00 cr1,95,200.00 cr1,72,000.00 cr1,59,000.00 cr
Profit/Loss 13,969.70 cr 4,810.00 cr 12,200.00 cr 9,100.00 cr -8,200.00 cr 3,200.00 cr 5,100.00 cr
Cash & Bank Balance 38,200.00 cr35,100.00 cr32,000.00 cr28,500.00 cr25,200.00 cr22,000.00 cr19,800.00 cr
Net Worth 1,26,731.94 cr1,37,500.00 cr1,40,200.00 cr1,28,000.00 cr1,15,000.00 cr1,02,000.00 cr95,000.00 cr
EBITDA 27,865.49 cr29,800.00 cr30,200.00 cr27,000.00 cr24,500.00 cr22,000.00 cr20,100.00 cr

Financial Ratios

Revenue P/L EBITDA

Values in Crores (Cr) - illustrative trend

FY 2021 - FY 2025
Key Insights (FY 2025)
Revenue2,20,083.04 cr ▼ 6.5%
Profit/Loss13,969.70 cr ▲ 190.6%
EBITDA27,865.49 cr
Net Profit Margin10.54%
Debt/Equity0.47
Current Ratio0.88
Return on Equity12.3%
Ratio FY 2025FY 2024FY 2023FY 2022FY 2021
Net Profit Margin10.543.202.101.800.50
Debt to EBITDA2.141.901.701.501.20
Interest Coverage Ratio0.470.500.450.400.35
Debt to Equity0.880.900.850.800.75
Return on Equity12.103.002.001.500.20
Current Ratio1.201.151.101.050.99
Quick Ratio0.950.920.880.850.80
EBITDA Margin12.0010.008.007.005.00
Return on Capital Employed8.002.001.000.200.00
Earning Per Share4.000.000.000.000.00

Shareholding Pattern

Shareholding Pattern (FY 2025)
  • Promoters 33.19%
  • DII 23.22%
  • FII 18.28%
  • Public 22.89%
  • Others 2.42%
Shareholding Pattern over the Year
Category 20252024202320222021
Promoters33.19%33.50%33.80%34.00%34.41%
DII23.22%22.90%22.50%22.10%21.80%
FII18.28%18.00%17.60%17.20%16.90%
Public22.89%23.10%23.50%24.00%24.20%
Others2.42%2.50%2.60%2.70%2.69%
Subsidiaries Company (6)
TAYO ROLLS LIMITED
54.91% held
THE TATA PIGMENTS LIMITED
100% held
CERAMAT PRIVATE LIMITED
90% held
BHUSHAN STEEL (SOUTH) LIMITED
100% held
NEELACHAL ISPAT NIGAM LTD
99.68% held
TATA STEEL DOWNSTREAM PRODUCTS LIMITED
100% held

EPFO Establishments (1)

MRNOI0019835000 Closed/All Member Excluded
StatusCode No Allotted Was Before Online Registration Started.
ActivityPaper
StateUttar Pradesh
Coverage07-JUN-1995

Current Directors (3)

V
Additional Director | Since 2023-08-03
A
Additional Director | Since 2021-02-18
A
Additional Director | Since 2023-12-21

Business Activity

Activity GroupDescriptionTurnover %
Support service to Organizations-100.00

Flagged By Authority

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Frequently Asked Questions about Mg Cooling Solutions
What is CIN of Mg Cooling Solutions?
The Corporate Identification Number (CIN) for Mg Cooling Solutions is U51909KA1997PTC021698. CIN is a distinct identification code allotted by the Registrar of Companies (ROC) under the Ministry of Corporate Affairs (MCA). The company registration number is 021698 as per MCA.
When was Mg Cooling Solutions incorporated?
Mg Cooling Solutions was incorporated 29 years 4 months ago on 24 Jan 1997.
What is paid-up capital and authorised share capital of Mg Cooling Solutions?
The paid-up capital of Mg Cooling Solutions is ₹ 17,408,560.00 and authorised share capital is ₹ 20,000,000.00.
Who are the current board members and directors of Mg Cooling Solutions?
Currently 3 directors are associated with Mg Cooling Solutions: Vivek Gautam, Avishek Kumar Roy, Amrat Pal Singh.
  • Vivek Gautam
  • Avishek Kumar Roy
  • Amrat Pal Singh
What is the registered address of Mg Cooling Solutions?
As per Ministry of Corporate Affairs (MCA), the registered address of Mg Cooling Solutions is Room No. 423, 2Nd Floor, Alankar Pearl Plaza K. G. Road, Bengaluru, Karnataka, 560009, India.
What is the official website of Mg Cooling Solutions?
The official website of Mg Cooling Solutions is https://mccormick.com.
What is the ROC code of Mg Cooling Solutions?
Mg Cooling Solutions ROC code is Roc Bangalore.
What is the company classification of Mg Cooling Solutions?
Mg Cooling Solutions is classified as Private Limited Indian Non-Government Company.
Mg Cooling Solutions - is it listed or unlisted?
Mg Cooling Solutions is a Unlisted company.
What is the current status of Mg Cooling Solutions?
Mg Cooling Solutions is currently Active and registered in Bengaluru, Karnataka, India.
What industry or business activity is Mg Cooling Solutions associated with?
Mg Cooling Solutions lists activity aligned with: Business Services - Business Support Services - Support service to Organizations. See the Overview and Competition sections for fuller industry context.
How do I contact Mg Cooling Solutions?
Use the official website at https://mccormick.com and the registered office address on this profile for corporate contact. Infyner does not publish personal customer-care numbers unless they appear in sourced company records.
What is the turnover or revenue of Mg Cooling Solutions?
Turnover and revenue appear in filed financial statements when available. Open the Financial tab on this profile for revenue, profit or loss, balance sheet metrics, and related MCA filings - not headline estimates.
How can I get the financial details of Mg Cooling Solutions?
You can view revenue, profit or loss, balance sheet metrics, and related filings on the Financial tab of this company profile.
What is the net worth of Mg Cooling Solutions (last filed snapshot)?
As per the latest financial snapshot on file for FY 2019, net worth is about ₹ 49.24 Lakh. Verify figures on the Financial tab and supporting filings.