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MTC BUSINESS PRIVATE LIMITED

Active
Updated: 21 Oct 2024

Mtc Business Private Limited, is an unlisted private company incorporated on 21 December, 2000. It is classified as a private limited company and is located in Mumbai City, Maharashtra. It's authorized share capital is INR 50.00 cr and the total paid-up capital is INR 9.50 cr.

Mtc Business's operating revenue range is Over INR 500 cr for the financial year ending on 31 March, 2023. It's EBITDA has decreased by 30.81% over the previous year. At the same time, it's book networth has increased by 9.61%.

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Industry

Trading
Products
  • ferro vanadium molybdenum, ferro silicone, and silicon scrap products., Nickel, cast iron, bulk and noble alloys, shredded, cathodes
Key Metrics

** All rupee values in INR crores. Based on March 2024 numbers.

Sales
-20.47%
₹ 3,151.2
EBITDA
-67.3%
₹ 47.1
Net Profit
-92.45%
₹ 3.0
Networth
0.69%
₹ 463.1
Borrowings
5.45%
₹ 502.5
Assets
-8.32%
₹ 1,397.4
Gross Margin
-1.36
10.4 %
Operating Margin
-2.14
1.5 %
Net Profit Margin
-0.91
0.1 %
Return on Equity
-8.07
0.7 %
ROCE
-19.54
5.2 %
Debt to Equity
0.05
1.1
Sales
Mar 2024
Net worth
Mar 2024

Locations

indian flag India (34)
State Type Address

location icon Locations on Map

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Tofler Score

Good
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Poor
Fair
Good
Very Good
Excellent

Risk

Severe Risk
  • VERY LOW INTEREST COVERAGE
Moderate Risk
  • LOW ROCE
  • LOW CASH BALANCE
  • CASH DETERIORATING
Low Risk
  • GROSS MARGINS DETERIORATING
  • NET MARGIN DETERIORATING
  • REVENUE DECLINE
About Tofler Score
Tofler Score measures the quality of performance and integrity of a company. It is dependent on three key factors - Sustainability, Governance, and Growth.

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Financial Highlights

** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Sales 2,089.9 2,150.4 3,244.8 3,962.2 3,151.2
Operating profit 38.3 66.2 208.1 144.0 47.1
Net profit 12.9 28.8 75.7 40.1 3.0
Gross margin 8.8 12.4 16.0 11.8 10.4
Operating margin 1.8 3.1 6.4 3.6 1.5
Net margin 0.6 1.3 2.3 1.0 0.1
Networth 232.3 344.6 419.6 459.9 463.1
Borrowings 337.2 475.5 344.3 476.5 502.5
Assets 1,009.1 1,327.0 1,376.6 1,524.2 1,397.4
Debt to equity 1.4 1.4 0.8 1.0 1.1
Current ratio 1.4 1.5 1.5 1.4 1.6
ROE 5.5 8.4 18.1 8.7 0.7
Days payable 81.0 84.0 68.0 50.0 45.0
WC days 40.0 61.0 41.0 31.0 44.0
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Margins

Gross margin
Operating margin
Net margin

Balance Sheet

Standalone
Consolidated
%
** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 9.5 9.5 9.5 9.5 9.5
Reserves 222.8 335.1 410.1 450.4 453.6
Borrowings + 337.2 475.5 344.3 476.5 502.5
Long term borrowings 107.6 216.5 172.3 177.6 246.9
Short term borrowings 229.6 259.0 172.0 298.9 255.6
Trade payables + 423.0 433.1 510.3 483.8 351.5
Days payable 81.0 84.0 68.0 50.0 45.0
Other liabilities + 439.6 506.9 612.8 587.8 431.9
Other non-current liabilities 2.5 55.1 55.7 57.9 56.2
Other current liabilities 14.1 18.7 46.8 46.1 24.1
Total liabilities 1,009.1 1,327.0 1,376.6 1,524.2 1,397.4
Fixed Assets + 94.0 151.5 172.3 186.1 197.2
Tangible assets 89.3 97.2 108.4 176.8 185.8
CWIP 4.7 54.2 63.8 8.9 11.1
Intangible assets - - - 0.4 0.3
LT loans and advances 8.3 - - - -
Other non-current assets 8.1 107.0 112.4 176.3 185.8
Current assets + 898.6 1,068.5 1,091.9 1,161.8 1,014.3
Inventories 248.5 421.7 399.6 554.8 382.6
Trade receivables 415.2 347.0 437.2 282.6 311.8
Cash and cash equivalents 80.2 57.1 4.8 6.6 0.8
ST loans and advances 148.2 - - - -
Other current assets 6.6 242.8 250.4 317.8 319.1
Total assets 1,009.1 1,327.0 1,376.6 1,524.2 1,397.4
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Total assets

Profit & Loss

Standalone
Consolidated
%
** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Sales + 2,089.9 2,150.4 3,244.8 3,962.2 3,151.2
Sales growth % -15.23 2.89 50.89 22.11 -20.47
Expenses + 2,119.5 2,160.3 3,136.3 3,939.7 3,211.8
Cost of goods 1,905.9 1,884.0 2,725.0 3,496.7 2,823.9
Employee cost 28.2 30.0 39.7 42.9 42.4
Other costs 117.5 170.3 271.9 278.6 237.8
Operating profit + 38.3 66.2 208.1 144.0 47.1
Operating margin % 1.8 3.1 6.4 3.6 1.5
Other income 46.0 45.9 23.7 30.1 64.0
Interest 63.5 68.6 87.9 105.9 90.9
Depreciation 4.4 7.5 11.7 15.6 16.8
Exceptional items - - -29.5 - -
Profit before tax 15.4 36.1 102.7 52.6 3.4
Tax 2.5 7.3 27.0 12.5 0.4
Profit - disc. ops - - - - -
Net profit 12.9 28.8 75.7 40.1 3.0
Net margin % 0.6 1.3 2.3 1.0 0.1
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Revenue from operations

Ratios

Standalone
Consolidated
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Solvency +
Total Debt/Equity 1.4 1.4 0.8 1.0 1.1
Net Debt/Equity 1.1 1.2 0.8 1.0 1.1
Total Debt/Assets 0.3 0.4 0.2 0.3 0.4
Total Assets/Equity 4.3 3.9 3.3 3.3 3.0
Liquidity +
Current Ratio 1.4 1.5 1.5 1.4 1.6
Quick Ratio 1.0 0.9 0.9 0.7 1.0
Interest Coverage 0.6 1.0 2.4 1.4 0.5
Performance
Gross Margin 8.8 12.4 16.0 11.8 10.4
Operating Margin 1.8 3.1 6.4 3.6 1.5
Net Margin 0.6 1.3 2.3 1.0 0.1
Return +
Return on Equity 5.5 8.4 18.1 8.7 0.7
Pre-tax ROCE 10.4 11.5 36.7 24.8 5.2
Return on Assets 1.3 2.2 5.5 2.6 0.2
Pre-tax ROIC 6.9 7.7 25.9 13.8 3.1
Efficiency +
Days Payable 81.0 84.0 68.0 50.0 45.0
Days Inventory 48.0 82.0 54.0 58.0 49.0
Days Receivable 73.0 59.0 49.0 26.0 36.0
Fixed Asset Turnover 22.2 14.2 18.8 21.3 16.0
Total Asset Turnover 2.1 1.6 2.4 2.6 2.3
Working Capital
Cash Conversion Cycle 40.0 57.0 35.0 34.0 40.0
Working Capital Days 40.0 61.0 41.0 31.0 44.0
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Ratios

Current ratio
Debt/equity ratio

Charges on assets

Bank wise
Charges
1

VARDHMAN TRUSTEESHIP PRIVATE LIMITED

No. of Loans: 6

Total Amount : 1,007.9 cr

2

ARKA FINCAP LIMITED

No. of Loans: 3

Total Amount : 110.0 cr

3

Kotak Mahindra Prime Limited

No. of Loans: 1

Total Amount : 2.5 cr

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Charges

VARDHMAN TRUSTEESHIP PRIVATE LIMITED
ARKA FINCAP LIMITED
Kotak Mahindra Prime Limited

People

Designation Name DIN/PAN Tenure
Director Narendra Maganlal Mehta
Shareholder
00179992 24 years
Director Lalit Inderchand Baliya 00282727 18 years
Director Sanjay Maganlal Mehta
Shareholder
00541528 24 years
Director Chintan Dhariwal 03628872 6 years
Director Anil Bastimal Jain 07039359 4 years
Director Yash Narendra Mehta
Shareholder
08277122 3 years
Director Naman Palawat 08590761 6 years

Company Network

Companies connected through Directors

Name Status Paid up Capital Common Directors Address
M S METALS AND STEELS PRIVATE LIMITED
Active
44.0 L 4 Maharashtra
MADHUBAN MOTORS PRIVATE LIMITED
Active
5.0 Cr 2 Maharashtra
MERCURE METALS AND ALLOYS PRIVATE LIMITED
Active
5.0 Cr 1 Maharashtra
MEHTA INDUSTRIAL SUPPLIERS PRIVATE LIMIT ED
Strike Off
1.0 Cr 2 Karnataka
SONA ALLOYS PRIVATE LIMITED
Active
178.9 Cr 2 Gujarat
M.S.MOTORS PRIVATE LIMITED
Active
1.0 L 1 Maharashtra
MTC STEEL ALLOYS PRIVATE LIMITED
Active
1.0 L 2 Maharashtra
MTC PROJECTS PRIVATE LIMITED
Active
5.0 L 2 Maharashtra
MTC STRATEGIC ALLOYS MANUFACTURING PRIVATE LIMITED
Active
5.0 L 1 Maharashtra
MTC STRATEGIC ALLOYS PRIVATE LIMITED
Active
5.0 L 1 Maharashtra
YPO MUMBAI CONNECT FOUNDATION
Active
0.0 1 Maharashtra
MADHUBAN TRADE-STEELS PRIVATE LIMITED
Active
47.2 L 2 Maharashtra
MATERIAL RECYCLING ASSOCIATION OF INDIA
Active
0.0 1 Maharashtra
MTC RECYCLING PRIVATE LIMITED
Active
5.0 L 2 Karnataka
MTC EXIGO RECYCLING PRIVATE LIMITED
Active
4.0 Cr 1 Maharashtra
META MATERIALS CIRCULAR MARKETS PRIVATE LIMITED
Active
10.0 Cr 1 Maharashtra

Subsidiary Companies

Name State / Country Incorporation Year Paidup Capital
MGK International Inc United States - -
Multi Trade Links (UK) Ltd United Kingdom - -
Multi Metal Link FZC United Arab Emirates - -
MGK International DWC-LLC United Arab Emirates - -
MTC PROJECTS PRIVATE LIMITED Maharashtra 2020 ₹ 5.0 L
MTC STEEL ALLOYS PRIVATE LIMITED Maharashtra 2020 ₹ 1.0 L
SONA ALLOYS PRIVATE LIMITED Gujarat 2007 ₹ 178.9 Cr

Registered Details

CIN

U51420MH2000PTC130172

PAN

AACCM4795M

Incorporation

2000, 24.4 years

Company Email

accounts@mtcgroup.in

Paid up Capital

₹ 9.5 Cr

Authorised Capital

₹ 50.0 Cr

AGM

Sep 2023

Type

Private
Non-government Company

FAQ - MTC BUSINESS PRIVATE LIMITED

What is the incorporation date of MTC BUSINESS PRIVATE LIMITED?

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The incorporation date of MTC BUSINESS PRIVATE LIMITED is 21 December, 2000

What is the authorized share capital of MTC BUSINESS PRIVATE LIMITED?

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The authorized share capital of MTC BUSINESS PRIVATE LIMITED is INR ₹ 50.0 Cr.

What is the paid-up capital of MTC BUSINESS PRIVATE LIMITED?

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The paid-up capital of MTC BUSINESS PRIVATE LIMITED is INR ₹ 9.5 Cr.

What is the registered address of MTC BUSINESS PRIVATE LIMITED?

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The registered address of MTC BUSINESS PRIVATE LIMITED is 401,4TH FLOOR,NAVKAR COMMERCIAL COMPLEX, SIR M.V.ROAD, AND HERI (EAST) NA MUMBAI Mumbai City Maharashtra - 400069

What is the CIN number of MTC BUSINESS PRIVATE LIMITED?

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The CIN number of MTC BUSINESS PRIVATE LIMITED is U51420MH2000PTC130172.

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