Mercedes-Benz Financial Services India Private Limited

Provides financing and insurance services for luxury car customers in India.

2010 | Chennai, Tamil Nadu (India) | Active
Last Updated: June 19, 2024

Mercedes-Benz Financial Services India Profile

Key Indicators

  • Authorised Capital ₹ 4,000.00 Cr
  • Paid Up Capital ₹ 829.07 Cr
  • Company Age 14 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth -20.78%
  • Profit Growth -46.05%
  • Ebitda -30.37%
  • Net Worth 5.19%
  • Total Assets 15.89%

About Mercedes-Benz Financial Services India

Mercedes-Benz Financial Services India Private Limited (MFSIPL) is a leading Private Limited Foreign Company Incorporated In India incorporated in India on 29 October 2010 and has a history of 14 years and three months. Its registered office is in Chennai, Tamil Nadu, India.

The Company is engaged in the Finance And Insurance Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 4,000.00 Cr and a paid-up capital of Rs 829.07 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Mercedes-Benz Financial Services India Private Limited India are Anita Iyer as COMPANY SECRETARY and Harish Jain as Cfo. Harish Jain, Ingo Krueger, Venkatesh Latha, and One other member serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U67190TN2010FTC077890

  • Company No.

    077890

  • Company Classification

    Private Limited Foreign Company Incorporated In India

  • Incorporation Date

    29 Oct 2010

  • Date of AGM

    29 Aug 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Finance and Insurance

What products or services does Mercedes-Benz Financial Services India Private Limited offer?

Mercedes-Benz Financial Services India Private Limited offers a wide range of products and services, including Computer and Mobile Softwares & Apps, Transport Management Software, Project Finance Consultants, Project Finance Services, Banking Service, Credit Card Processing Services, Insurance Service, Commercial Space Lease Services, Corporate Leasing Service, Banks and Banking Services.

Who are the key members and board of directors at Mercedes-Benz Financial Services India?

Executive Team (3)

Name Designation Appointment Date Status
Anita Iyer Company Secretary 18-Feb-2019 Current
Brendon Sissing Country flag representing Za Managing Director 21-Jan-2022 Current
Harish Jain CFO 01-Oct-2021 Current

Board Members (3)

Name Designation Appointment Date Status
Ingo Krueger Country flag representing In Whole-Time Director 01-Mar-2021 Current
Harish Jain Country flag representing In Whole-Time Director 01-Oct-2021 Current
Venkatesh Latha Country flag representing In Director 01-Oct-2021 Current

Financial Performance of Mercedes-Benz Financial Services India.

Mercedes-Benz Financial Services India Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 20.78% decrease. The company also saw a substantial fall in profitability, with a 46.05% decrease in profit. The company's net worth moved up by a moderate rise of 5.19%.

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
-20.78%
Revenue from Operations
-23.16%
Total Assets
15.89%
Profit or Loss
-46.05%
Net Worth
5.19%
EBITDA
-30.37%

What is the Ownership and Shareholding Structure of Mercedes-Benz Financial Services India?

In 2023, Mercedes-Benz Financial Services India had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Mercedes-Benz Financial Services India?

Mercedes-Benz Financial Services India has a workforce of 79 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

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mercedes-Benz Financial Services India, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Mercedes-Benz Financial Services India's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Mercedes-Benz Financial Services India

Recent activity within the organization

  • Annual General Meeting

    Mercedes-Benz Financial Services India Private Limited last Annual general meeting of members was held on 29 Aug 2023 as per latest MCA records.

    29 Aug 2023

  • Balance Sheet

    Mercedes-Benz Financial Services India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Director Appointment

    Brendon James Sissing was appointed as a Managing Director was appointed as a Managing Director on 21 Jan 2022 & has been associated with this company since 3 years 13 days .

    21 Jan 2022

  • Director Appointment

    Harish Chand Prakash Jain was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 01 Oct 2021 & has been associated with this company since 3 years 4 months .

    01 Oct 2021

  • Director Appointment

    Venkatesh Latha was appointed as a Director was appointed as a Director on 01 Oct 2021 & has been associated with this company since 3 years 4 months .

    01 Oct 2021

  • Director Appointment

    Ingo Krueger was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 01 Mar 2021 & has been associated with this company since 3 years 11 months .

    01 Mar 2021

Recent News, Updates & Announcement

Frequently asked questions

  • Mercedes-Benz Financial Services India Private Limited was incorporated on 29 Oct 2010.

  • The authorized share capital of Mercedes-Benz Financial Services India Private Limited is ₹ 4,000.00 Cr and paid-up capital is ₹ 829.07 Cr.

  • Currently 6 directors are associated with Mercedes-Benz Financial Services India Private Limited.

    • Harish Chand Prakash Jain
    • Ingo Krueger
    • Venkatesh Latha
    • Brendon James Sissing
    • Anita Ganesan Iyer
    • Harish Chand Prakash Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mercedes-Benz Financial Services India Private Limited is 5Th Floor Plot No 8 Baashyam Willow Square 9&10, First Street Thiru Vika Industrial Estate Guindy, Chennai, Tamil Nadu, India, 600032.

  • The corporate identification number (CIN) of Mercedes-Benz Financial Services India Private Limited is U67190TN2010FTC077890 and the company number is 077890 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Mercedes-Benz Financial Services India Private Limited is https://www.mercedes-benz.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Mercedes-Benz Financial Services India Private Limited has fallen by -20.78%.

  • As Per 2023 financial reports, 79 employees are currently employed by Mercedes-Benz Financial Services India Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Mercedes-Benz Financial Services India Private Limited has experienced an upsurge of 5.19%.

  • The most recent Balance Sheet for Mercedes-Benz Financial Services India Private Limited was filed with the ROC on 31 Mar 2023.

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