

Mahanadi Coalfields Profile
Key Indicators
- Authorised Capital ₹ 1,600.00 Cr
- Paid Up Capital ₹ 1,323.67 Cr
- Company Age 32 Year, 11 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 11 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
- Website
- 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
Who are the key members and board of directors at Mahanadi Coalfields?
Executive Team (3)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Uday Kaole ![]() | Managing Director | 07-Feb-2024 | Current |
Ajit Behura | CFO | 08-Sep-2022 | Current |
Soubhagya Parida ![]() | Company Secretary | 25-Apr-2022 | Current |
Board Members (9)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Sanjiv Kassi ![]() | Nominee Director | 22-Feb-2023 | Current |
Dayashankar Tiwari ![]() | Director | 30-May-2023 | Current |
Mukesh Choudhary ![]() | Nominee Director | 05-Aug-2016 | Current |
Keshav Rao ![]() | Whole-Time Director | 18-Dec-2019 | Current |
Asha Lakra ![]() | Director | 01-Nov-2021 | Current |
Jugal Borah ![]() | 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%.


- Key Matrics
- Balance Sheet
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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.

Related Corporates (Common Directorship)
- Western Coalfields Limited
Mukesh Choudhary is a mutual person
- Coal India Ltd Govt Of India Undertaking
Mukesh Choudhary is a mutual person
- Mahanadi Basin Power Limited
Keshav Rao is a mutual person
- Mahanadi Coal Railway Limited
Keshav Rao and Ajit Behura are mutual person
- Mnh Shakti Limited
Jugal Borah is a mutual person
- Mjsj Coal Limited
Ajit Behura and Soubhagya Parida are mutual person
Charges (Loans)
₹430.00 Cr
₹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.

Deals i

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

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.
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.
- Balance Sheet
Mahanadi Coalfields Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Cuttack.
- 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 1 year 28 days .
- 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 9 months .
- 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 9 months .
- 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 9 months .
Recent News, Updates & Announcement
- Mahanadi Coalfields eyes NTPC’s Odisha plant.
: Coal India subsidiary Mahanadi Coalfields Ltd (MCL) is looking at a majority stake in the proposed Rs 13,000 crore 1,600 mw super critical power venture with NTPC in Odisha. The plant is proposed to be operated by NTPC..
Frequently asked questions
What is the Incorporation or founding date of Mahanadi Coalfields Limited?
Mahanadi Coalfields Limited was incorporated on 03 Apr 1992.
What is authorized share capital and paid-up capital of Mahanadi Coalfields Limited?
The authorized share capital of Mahanadi Coalfields Limited is ₹ 1,600.00 Cr and paid-up capital is ₹ 1,323.67 Cr.
Who are the current board members & directors of Mahanadi Coalfields Limited?
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
What is the registered address of Mahanadi Coalfields Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Mahanadi Coalfields Limited is Jagruti Vihar Burla India, Sambalpur, Orissa, 768020.
What is the corporate identification number (CIN) and company number of Mahanadi Coalfields Limited?
The corporate identification number (CIN) of Mahanadi Coalfields Limited is U10102OR1992GOI003038 and the company number is 003038 as per Ministry of Corporate Affairs (MCA).
What is the official website of Mahanadi Coalfields Limited?
The Official website of Mahanadi Coalfields Limited is https://www.mahanadicoal.in
What has been the recent revenue trend for Mahanadi Coalfields Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Mahanadi Coalfields Limited has risen by 42.09%.
What change has been observed in the net worth of Mahanadi Coalfields Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Mahanadi Coalfields Limited has experienced an upsurge of 62.04%.
What are the total open charges for Mahanadi Coalfields Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Mahanadi Coalfields Limited amount to ₹ 430.00 Cr.
When was the last Balance Sheet of Mahanadi Coalfields Limited filed with the ROC?
The most recent Balance Sheet for Mahanadi Coalfields Limited was filed with the ROC on 31 Mar 2024.
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