Maharashtra Airport Development Company Limited

Special purpose company developing airports in Maharashtra, including MIHAN and other projects for various clients.

2002 | Mumbai, Maharashtra (India) | Active
Last Updated:

Maharashtra Airport Development Company Profile

Key Indicators

  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 17.05 Cr
  • Company Age 22 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 450.00 Cr
  • Satisfied Charges ₹ 591.00 Cr
  • Revenue Growth -15.70%
  • Profit Growth 3.94%
  • Ebitda 15.80%
  • Net Worth 16.79%
  • Total Assets 11.60%

About Maharashtra Airport Development Company

Maharashtra Airport Development Company Limited (MADCL) is a leading Public Limited State Government Company incorporated in India on 26 August 2002 and has a history of 22 years and six months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Infrastructure And Utilities 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 20.00 Cr and a paid-up capital of Rs 17.05 Cr.

The company currently has active open charges totaling ₹450.00 Cr. The company has closed loans amounting to ₹591.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Maharashtra Airport Development Company Limited India are Anisha Godani as CFO and Pranita Bhise as Company Secretary. Aseem Gupta, Vijay Singhal, Vipin Sharma, and Ten other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    madcindia.org

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U45203MH2002SGC136979

  • Company No.

    136979

  • Company Classification

    Public Limited State Government Company

  • Incorporation Date

    26 Aug 2002

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Infrastructure and Utilities

What products or services does Maharashtra Airport Development Company Limited offer?

Maharashtra Airport Development Company Limited offers a wide range of products and services, including Power Plants & Spare Parts, Electrical Work, Transmission Lines.

Who are the key members and board of directors at Maharashtra Airport Development Company?

Executive Team (3)

NameDesignationAppointment DateStatus
Swati Pandey Country flag representing In Managing Director25-Jul-2023Current
Anisha Godani CFO20-Sep-2024Current
Pranita Bhise Company Secretary01-Sep-2016Current

Board Members (12)

NameDesignationAppointment DateStatus
Sanjay Meena Country flag representing In Director 18-Apr-2024Current
Aseem Gupta Country flag representing In Director 08-Jun-2023Current
Vijay Singhal Country flag representing In Director 19-Mar-2024Current
Vipin Sharma Country flag representing In Director 30-Sep-2022Current
Vipin Itankar Country flag representing In Director 01-Sep-2022Current
Abhijit Chaudhari Country flag representing In Director 18-Jul-2023Current

Financial Performance of Maharashtra Airport Development Company.

Maharashtra Airport Development Company Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 15.7% decrease. The company also saw a slight improvement in profitability, with a 3.94% increase in profit. The company's net worth Soared by an impressive increase of 16.79%.

Maharashtra Airport Development Company revenue growth over time
Maharashtra Airport 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
-15.70%
Revenue from Operations
-12.29%
Total Assets
11.60%
Profit or Loss
3.94%
Net Worth
16.79%
EBITDA
15.80%

What is the Ownership and Shareholding Structure of Maharashtra Airport Development Company?

In 2023, Maharashtra Airport Development Company had a promoter holding of 100.01%. The company had 1 Subsidiary and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹450.00 Cr

Satisfied Charges

₹591.00 Cr

Charges Breakdown by Lending Institutions

  • Housing And Urban Development Corporation Limited : 450.00 Cr

Latest Charge Details

DateLenderAmountStatus
12 Feb 2013Housing And Urban Development Corporation Limited₹450.00 CrOpen
28 Mar 2018Yes Bank Limited₹29.00 CrSatisfied
15 Nov 2010Syndicate Bank₹56.00 CrSatisfied
11 Nov 2010Syndicate Bank₹56.00 CrSatisfied
02 Sep 2010Bank Of Maharashtra₹150.00 CrSatisfied

How Many Employees Work at Maharashtra Airport Development Company?

Maharashtra Airport Development Company has a workforce of 144 employees as of Mar 30, 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 Maharashtra Airport Development Company Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Maharashtra Airport 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 Maharashtra Airport 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 Maharashtra Airport Development Company

Recent activity within the organization

  • Annual General Meeting

    Maharashtra Airport Development Company Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Director Appointment

    Anisha Yash Godani was appointed as a Cfo was appointed as a Cfo on 20 Sep 2024 & has been associated with this company since 5 months 11 days .

  • Director Appointment

    Kanhuraj Harishchandra Bagate was appointed as a Director was appointed as a Director on 29 Jul 2024 & has been associated with this company since 7 months 3 days .

  • Director Appointment

    Sanjay Meena was appointed as a Director was appointed as a Director on 18 Apr 2024 & has been associated with this company since 10 months 13 days .

  • Balance Sheet

    Maharashtra Airport Development Company Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Director Appointment

    Sanjay Jagdishchandra Sethi was appointed as a Director was appointed as a Director on 21 Mar 2024 & has been associated with this company since 11 months 11 days .

Frequently asked questions

  • What is the Incorporation or founding date of Maharashtra Airport Development Company Limited?

    Maharashtra Airport Development Company Limited was incorporated on 26 Aug 2002.

  • What is authorized share capital and paid-up capital of Maharashtra Airport Development Company Limited?

    The authorized share capital of Maharashtra Airport Development Company Limited is ₹ 20.00 Cr and paid-up capital is ₹ 17.05 Cr.

  • Who are the current board members & directors of Maharashtra Airport Development Company Limited?

    Currently 15 directors are associated with Maharashtra Airport Development Company Limited.

    • Aseem Kumar Surendrakumar Gupta
    • Vijay Jagdish Prasad Singhal
    • Vipin Sharma
    • Vipin Vithoba Itankar
    • Abhijit Vishwanath Chaudhari
    • Swati Madhukar Pandey
    • Kanhuraj Harishchandra Bagate
    • Anisha Yash Godani
    • Pranita Shyam Bhise
    • Sanjay Meena
    • Harshadeep Shriram Kamble
    • Vijaya Lakshmi Bidari Shankar
    • Om Prakash Gupta
    • Sanjay Jagdishchandra Sethi
    • Eknath Sambhaji Shinde

  • What is the registered address of Maharashtra Airport Development Company Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Maharashtra Airport Development Company Limited is 8Th Floor, World Trade Centre - I Cuffe Parade India, Mumbai, Maharashtra, 400005.

  • What is the corporate identification number (CIN) and company number of Maharashtra Airport Development Company Limited?

    The corporate identification number (CIN) of Maharashtra Airport Development Company Limited is U45203MH2002SGC136979 and the company number is 136979 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Maharashtra Airport Development Company Limited?

    The Official website of Maharashtra Airport Development Company Limited is https://www.madcindia.org

  • What has been the recent revenue trend for Maharashtra Airport Development Company Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Maharashtra Airport Development Company Limited has fallen by -15.70%.

  • How many employees does Maharashtra Airport Development Company Limited currently have?

    As Per 2023 financial reports, 144 employees are currently employed by Maharashtra Airport Development Company Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Maharashtra Airport Development Company Limited has experienced an upsurge of 16.79%.

  • What are the total open charges for Maharashtra Airport Development Company Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Maharashtra Airport Development Company Limited amount to ₹ 450.00 Cr.

  • When was the last Balance Sheet of Maharashtra Airport Development Company Limited filed with the ROC?

    The most recent Balance Sheet for Maharashtra Airport Development Company Limited was filed with the ROC on 31 Mar 2024.

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