Mahagenco Renewable Energy Limited

Develops ash utilization and explores cement plant establishment and transportation.

2007 | Mumbai, Maharashtra (India) | Active
Last Updated:

Mahagenco Renewable Energy Profile

Key Indicators

  • Authorised Capital ₹ 30.00 Cr
  • Paid Up Capital ₹ 0.50 M
  • Company Age 17 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 5.25%
  • Profit Growth 42.69%
  • Ebitda 40.87%
  • Net Worth -5.73%
  • Total Assets -1.61%

About Mahagenco Renewable Energy

Mahagenco Renewable Energy Limited (MREL) is a Public Limited State Government Company incorporated in India on 24 August 2007 and has a history of 17 years and six months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Dhule Thermal Power Company Limited. The Company is engaged in the Energy And Power 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 30.00 Cr and a paid-up capital of Rs 0.50 M, as per Ministry of Corporate Affairs (MCA) records.

Anbalagan Ponnusamy, Balasaheb Thite, and Abhay Harne serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    mahagenco.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U40105MH2007SGC173433

  • Company No.

    173433

  • Company Classification

    Public Limited State Government Company

  • Incorporation Date

    24 Aug 2007

  • Date of AGM

    13 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Energy and Power

Who are the key members and board of directors at Mahagenco Renewable Energy?

Board Members (3)

NameDesignationAppointment DateStatus
Anbalagan Ponnusamy Country flag representing In Director 21-Nov-2022Current
Balasaheb Thite Country flag representing In Director 12-Mar-2021Current
Abhay Harne Country flag representing In Director 23-May-2023Current

Financial Performance of Mahagenco Renewable Energy.

Mahagenco Renewable Energy Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 5.25% increase. The company also saw a substantial improvement in profitability, with a 42.69% increase in profit. The company's net worth dipped by a decrease of 5.73%.

Mahagenco Renewable Energy revenue growth over time
Mahagenco Renewable Energy 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
5.25%
Revenue from Operations
Total Assets
-1.61%
Profit or Loss
42.69%
Net Worth
-5.73%
EBITDA
40.87%

What is the Ownership and Shareholding Structure of Mahagenco Renewable Energy?

In 2023, Mahagenco Renewable Energy 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 Mahagenco Renewable Energy?

Unlock and access historical data on people associated with Mahagenco Renewable Energy, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Mahagenco Renewable Energy Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mahagenco Renewable Energy, 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 Mahagenco Renewable Energy'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 Mahagenco Renewable Energy

Recent activity within the organization

  • Annual General Meeting

    Mahagenco Renewable Energy Limited last Annual general meeting of members was held on 13 Sep 2023 as per latest MCA records.

  • Director Appointment

    Abhay Arun Harne was appointed as a Director was appointed as a Director on 23 May 2023 & has been associated with this company since 1 year 9 months .

  • Balance Sheet

    Mahagenco Renewable Energy Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

  • Director Appointment

    Anbalagan Ponnusamy was appointed as a Director was appointed as a Director on 21 Nov 2022 & has been associated with this company since 2 years 3 months .

  • Director Appointment

    Balasaheb Thite was appointed as a Director was appointed as a Director on 12 Mar 2021 & has been associated with this company since 3 years 11 months .

  • Company Incorporation

    Mahagenco Renewable Energy Limited was registered on 24 Aug 2007 with Roc Mumbai & aged 17 years 6 months as per MCA records.

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Mahagenco Renewable Energy Limited?

    Mahagenco Renewable Energy Limited was incorporated on 24 Aug 2007.

  • What is authorized share capital and paid-up capital of Mahagenco Renewable Energy Limited?

    The authorized share capital of Mahagenco Renewable Energy Limited is ₹ 30.00 Cr and paid-up capital is ₹ 0.50 M.

  • Who are the current board members & directors of Mahagenco Renewable Energy Limited?

    Currently 3 directors are associated with Mahagenco Renewable Energy Limited.

    • Anbalagan Ponnusamy
    • Balasaheb Thite
    • Abhay Arun Harne

  • What is the registered address of Mahagenco Renewable Energy Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Mahagenco Renewable Energy Limited is Prakashgad 2Nd Floor Plot No G-9 Prof Anant Kanekar Marg Bandra East India, Mumabai, Maharashtra, 400051.

  • What is the corporate identification number (CIN) and company number of Mahagenco Renewable Energy Limited?

    The corporate identification number (CIN) of Mahagenco Renewable Energy Limited is U40105MH2007SGC173433 and the company number is 173433 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Mahagenco Renewable Energy Limited?

    The Official website of Mahagenco Renewable Energy Limited is https://www.mahagenco.in

  • What has been the recent revenue trend for Mahagenco Renewable Energy Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Mahagenco Renewable Energy Limited has risen by 5.25%.

  • What change has been observed in the net worth of Mahagenco Renewable Energy Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Mahagenco Renewable Energy Limited has experienced an downturn of -5.73%.

  • When was the last Balance Sheet of Mahagenco Renewable Energy Limited filed with the ROC?

    The most recent Balance Sheet for Mahagenco Renewable Energy Limited was filed with the ROC on 31 Mar 2023.

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