Hassan Mangalore Rail Development Company Limited

Develops and manages broad-gauge rail link between Hassan and Mangalore.

2003 | Bangaluru, Karnataka (India) | Active
Last Updated:

Hassan Mangalore Rail Development Company Profile

Key Indicators

  • Authorised Capital ₹ 125.00 Cr
  • Paid Up Capital ₹ 112.00 Cr
  • Company Age 21 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 35.55 Cr
  • Revenue Growth 19.87%
  • Profit Growth 22.93%
  • Ebitda 21.22%
  • Net Worth -10.02%
  • Total Assets -1.97%

About Hassan Mangalore Rail Development Company

Hassan Mangalore Rail Development Company Limited (HMRDCL) is a leading Public Limited State Government Company incorporated in India on 01 July 2003 and has a history of 21 years and nine months. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Transportation Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 125.00 Cr and a paid-up capital of Rs 112.00 Cr.

The company has closed loans amounting to ₹35.55 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Hassan Mangalore Rail Development Company Limited India are Cherankara Pradeep as Cfo, Sharathbabu Maheshwarappa as Company Secretary, and Geeta Mohapatra as Ceo. Arun Rai, Vishal Ravi, Prashanth Balsavar, and Five other members serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U45203KA2003SGC032183

  • Company No.

    032183

  • Company Classification

    Public Limited State Government Company

  • Incorporation Date

    01 Jul 2003

  • Date of AGM

    24 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Transportation

Who are the key members and board of directors at Hassan Mangalore Rail Development Company?

Executive Team (3)

NameDesignationAppointment DateStatus
Cherankara Pradeep Country flag representing In CFO06-Nov-2019Current
Sharathbabu Maheshwarappa Country flag representing In Company Secretary30-Dec-2022Current
Geeta Mohapatra CEO12-Jan-2024Current

Board Members (8)

NameDesignationAppointment DateStatus
Arun Rai Country flag representing In Nominee Director 05-Apr-2019Current
Vishal Ravi Country flag representing In Nominee Director 25-Jun-2024Current
Prashanth Balsavar Country flag representing In Nominee Director 07-Jun-2023Current
Manjula Narayanappanaik Country flag representing In Nominee Director Current
Shilpi Agarwal Country flag representing In Nominee Director 17-Mar-2023Current
Soubhagya Pattanayak Country flag representing In Nominee Director 30-Mar-2021Current

Financial Performance of Hassan Mangalore Rail Development Company.

Hassan Mangalore Rail Development Company Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 19.87% increase. The company also saw a substantial improvement in profitability, with a 22.93% increase in profit. The company's net worth observed a substantial decline by a decrease of 10.02%.

Hassan Mangalore Rail Development Company revenue growth over time
Hassan Mangalore Rail Development Company 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
19.87%
Revenue from Operations
22.65%
Total Assets
-1.97%
Profit or Loss
22.93%
Net Worth
-10.02%
EBITDA
21.22%

What is the Ownership and Shareholding Structure of Hassan Mangalore Rail Development Company?

In 2023, Hassan Mangalore Rail Development Company 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)

Open Charges

₹0

Satisfied Charges

₹35.55 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of Hyderabad : 35.00 Cr
  • Canara Bank : 0.55 Cr

Latest Charge Details

DateLenderAmountStatus
23 Jun 2004Canara Bank₹5.50 MSatisfied
23 Jun 2004State Bank Of Hyderabad₹35.00 CrSatisfied

How Many Employees Work at Hassan Mangalore Rail Development Company?

Hassan Mangalore Rail Development Company has a workforce of 9 employees as of Mar 28, 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.

Employee growth trends for Hassan Mangalore Rail Development Company Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Hassan Mangalore Rail Development Company, 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 Hassan Mangalore Rail Development Company'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 Hassan Mangalore Rail Development Company

Recent activity within the organization

  • Annual General Meeting

    Hassan Mangalore Rail Development Company Limited last Annual general meeting of members was held on 24 Sep 2024 as per latest MCA records.

  • Director Appointment

    Vishal Ravi was appointed as a Nominee Director was appointed as a Nominee Director on 25 Jun 2024 & has been associated with this company since 9 months 9 days .

  • Director Appointment

    Nagamangala Subbaiah Sridharmurthy was appointed as a Nominee Director was appointed as a Nominee Director on 07 Apr 2024 & has been associated with this company since 11 months 27 days .

  • Balance Sheet

    Hassan Mangalore Rail Development Company Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

  • Director Appointment

    Geeta Mohapatra was appointed as a Ceo was appointed as a Ceo on 12 Jan 2024 & has been associated with this company since 1 year 2 months .

  • Director Appointment

    Priyaranjan Parhi was appointed as a Nominee Director was appointed as a Nominee Director on 13 May 2022 & has been associated with this company since 2 years 10 months .

Frequently asked questions

  • What is the Incorporation or founding date of Hassan Mangalore Rail Development Company Limited?

    Hassan Mangalore Rail Development Company Limited was incorporated on 01 Jul 2003.

  • What is authorized share capital and paid-up capital of Hassan Mangalore Rail Development Company Limited?

    The authorized share capital of Hassan Mangalore Rail Development Company Limited is ₹ 125.00 Cr and paid-up capital is ₹ 112.00 Cr.

  • Who are the current board members & directors of Hassan Mangalore Rail Development Company Limited?

    Currently 11 directors are associated with Hassan Mangalore Rail Development Company Limited.

    • Arun Kumar Rai
    • Vishal Ravi
    • Prashanth Kumar Balsavar
    • Manjula Narayanappanaik
    • Shilpi Agarwal
    • Soubhagya Ranjan Pattanayak
    • Priyaranjan Parhi
    • Nagamangala Subbaiah Sridharmurthy
    • Cherankara Pradeep
    • Sharathbabu Rampura Maheshwarappa
    • Geeta Mohapatra
  • What is the registered address of Hassan Mangalore Rail Development Company Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Hassan Mangalore Rail Development Company Limited is Msil House 7Th Floor 36 Cunningham Road, India, Bangalore North, Karnataka, 560001.

  • What is the corporate identification number (CIN) and company number of Hassan Mangalore Rail Development Company Limited?

    The corporate identification number (CIN) of Hassan Mangalore Rail Development Company Limited is U45203KA2003SGC032183 and the company number is 032183 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Hassan Mangalore Rail Development Company Limited?

    The Official website of Hassan Mangalore Rail Development Company Limited is https://www.hmrdc.com

  • What has been the recent revenue trend for Hassan Mangalore Rail Development Company Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Hassan Mangalore Rail Development Company Limited has risen by 19.87%.

  • How many employees does Hassan Mangalore Rail Development Company Limited currently have?

    As Per 2023 financial reports, 9 employees are currently employed by Hassan Mangalore Rail Development Company Limited.

  • What change has been observed in the net worth of Hassan Mangalore Rail Development Company Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Hassan Mangalore Rail Development Company Limited has experienced an downturn of -10.02%.

  • When was the last Balance Sheet of Hassan Mangalore Rail Development Company Limited filed with the ROC?

    The most recent Balance Sheet for Hassan Mangalore Rail Development Company Limited was filed with the ROC on 31 Mar 2024.

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