Mahanadi Coalfields Limited

Leading coal producer with multiple mines and ongoing projects, serving various industries and certified for quality, environment, and safety.

1992 | Sambalpur, Odisha (India) | Active
Last Updated: November 17, 2024

Mahanadi Coalfields Profile

Key Indicators

  • Authorised Capital ₹ 1,600.00 Cr
  • Paid Up Capital ₹ 1,323.67 Cr
  • Company Age 32 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 430.00 Cr
  • Revenue Growth 42.09%
  • Profit Growth 58.90%
  • Ebitda 61.31%
  • Net Worth 62.04%
  • Total Assets 20.27%

About Mahanadi Coalfields

Mahanadi Coalfields Limited (MCL) is a leading Private Limited Union Government Company incorporated in India on 03 April 1992 and has a history of 32 years and ten months. Its registered office is in Sambalpur, Odisha, India.

The Company is engaged in the Metals And Minerals 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 1,600.00 Cr and a paid-up capital of Rs 1,323.67 Cr.

The company currently has active open charges totaling ₹430.00 Cr.

The Key Managerial Personnel (KMP) at Mahanadi Coalfields Limited India are Ajit Behura as CFO and Soubhagya Parida as Company Secretary. Dayashankar Tiwari, Mukesh Choudhary, Sanjiv Kassi, and Seven other members serve as directors at the Company.

Company Details

  • Location

    Sambalpur, Odisha, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
  • Apps

Corporate Identity Details

  • CIN/LLPIN

    U10102OR1992GOI003038

  • Company No.

    003038

  • Company Classification

    Private Limited Union Government Company

  • Incorporation Date

    03 Apr 1992

  • Date of AGM

    30 Jul 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Cuttack

Industry

Metals and Minerals

Who are the key members and board of directors at Mahanadi Coalfields?

Executive Team (3)

Name Designation Appointment Date Status
Uday Kaole Country flag representing In Managing Director 07-Feb-2024 Current
Ajit Behura CFO 08-Sep-2022 Current
Soubhagya Parida Country flag representing In Company Secretary 25-Apr-2022 Current

Board Members (9)

Name Designation Appointment Date Status
Sanjiv Kassi Country flag representing In Nominee Director 22-Feb-2023 Current
Dayashankar Tiwari Country flag representing In Director 30-May-2023 Current
Mukesh Choudhary Country flag representing In Nominee Director 05-Aug-2016 Current
Keshav Rao Country flag representing In Whole-Time Director 18-Dec-2019 Current
Asha Lakra Country flag representing In Director 01-Nov-2021 Current
Jugal Borah Country flag representing In Whole-Time Director 19-Apr-2022 Current

Financial Performance of Mahanadi Coalfields.

Mahanadi Coalfields Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 42.09% increase. The company also saw a substantial improvement in profitability, with a 58.9% increase in profit. The company's net worth Soared by an impressive increase of 62.04%.

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
42.09%
Revenue from Operations
42.47%
Total Assets
20.27%
Profit or Loss
58.90%
Net Worth
62.04%
EBITDA
61.31%

What is the Ownership and Shareholding Structure of Mahanadi Coalfields?

In 2023, Mahanadi Coalfields had a promoter holding of 100.00%. The company had 4 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹430.00 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 430.00 Cr

Latest Charge Details

Date Lender Amount Status
16 Dec 2003 State Bank Of India ₹430.00 Cr Open

How Many Employees Work at Mahanadi Coalfields?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mahanadi Coalfields, 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 Mahanadi Coalfields'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 Mahanadi Coalfields

Recent activity within the organization

  • Annual General Meeting

    Mahanadi Coalfields Limited last Annual general meeting of members was held on 30 Jul 2024 as per latest MCA records.

    30 Jul 2024

  • Balance Sheet

    Mahanadi Coalfields Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Cuttack.

    31 Mar 2024

  • Director Appointment

    Uday Anantrao Kaole was appointed as a Managing Director was appointed as a Managing Director on 07 Feb 2024 & has been associated with this company since 11 months 27 days .

    07 Feb 2024

  • Director Appointment

    Akshay Shrikant Bapat was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 02 Jun 2023 & has been associated with this company since 1 year 8 months .

    02 Jun 2023

  • Director Appointment

    Rajesh Kumar Verma was appointed as a Director was appointed as a Director on 31 May 2023 & has been associated with this company since 1 year 8 months .

    31 May 2023

  • Director Appointment

    Dayashankar Chandrashekhar Tiwari was appointed as a Director was appointed as a Director on 30 May 2023 & has been associated with this company since 1 year 8 months .

    30 May 2023

Recent News, Updates & Announcement

Frequently asked questions

  • Mahanadi Coalfields Limited was incorporated on 03 Apr 1992.

  • The authorized share capital of Mahanadi Coalfields Limited is ₹ 1,600.00 Cr and paid-up capital is ₹ 1,323.67 Cr.

  • Currently 12 directors are associated with Mahanadi Coalfields Limited.

    • Dayashankar Chandrashekhar Tiwari
    • Mukesh Choudhary
    • Sanjiv Kumar Kassi
    • Keshav Rao
    • Asha Lakra
    • Jugal Kumar Borah
    • Ajit Kumar Behura
    • Uday Anantrao Kaole
    • Akshay Shrikant Bapat
    • Rajesh Kumar Verma
    • Ajit Kumar Behura
    • Soubhagya Parida
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mahanadi Coalfields Limited is Jagruti Vihar Burla India, Sambalpur, Orissa, 768020.

  • The corporate identification number (CIN) of Mahanadi Coalfields Limited is U10102OR1992GOI003038 and the company number is 003038 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Mahanadi Coalfields Limited is https://www.mahanadicoal.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Mahanadi Coalfields Limited has risen by 42.09%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Mahanadi Coalfields Limited has experienced an upsurge of 62.04%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Mahanadi Coalfields Limited amount to ₹ 430.00 Cr.

  • The most recent Balance Sheet for Mahanadi Coalfields Limited was filed with the ROC on 31 Mar 2024.

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