Mahagenco Renewable Energy Profile
Key Indicators
- Authorised Capital ₹ 30.00 Cr
- Paid Up Capital ₹ 0.50 M
- Company Age 17 Year, 5 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 five 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
- 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
Who are the key members and board of directors at Mahagenco Renewable Energy?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Anbalagan Ponnusamy  | Director | 21-Nov-2022 | Current |
| Balasaheb Thite | Director | 12-Mar-2021 | Current |
| Abhay Harne | Director | 23-May-2023 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations | |||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
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.
Related Corporates (Common Directorship)
Mseb Holding Company LimitedAnbalagan Ponnusamy is a mutual person
Mahaguj Collieries LimitedAnbalagan Ponnusamy and Balasaheb Thite are mutual person
Ratnagiri Gas And Power Private LimitedAnbalagan Ponnusamy is a mutual person
U C M Coal Company LimitedAnbalagan Ponnusamy and Balasaheb Thite are mutual person
- Maha Tamil Collieries Limited
Anbalagan Ponnusamy is a mutual person
Charges (Loans)
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.
Deals i
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
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
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.
