Maharashtra Minerals Corporation Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 5.84 M
- Company Age 63 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 1.16 Cr
- Revenue Growth 14.69%
- Profit Growth 154.29%
- Ebitda 530.23%
- Net Worth 20.49%
- Total Assets 20.52%
About Maharashtra Minerals Corporation
Maharashtra Minerals Corporation Limited (MMCL) was founded in India on 16 September 1961 and has a glorious history of 63 years and four months. Its registered office is in Mumbai, Maharashtra, 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 1.00 Cr and a paid-up capital of Rs 5.84 M.
The company has closed loans amounting to ₹1.16 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Anil Newalkar, Amala Newalkar, and Ravindra Watve 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
U14100MH1961PLC012124
-
Company No.
012124
-
Company Classification
Public Limited Indian Non-Government Company
-
Incorporation Date
16 Sep 1961
-
Date of AGM
28 Sep 2024
-
Date of Balance Sheet
31 Mar 2024
-
Listing Status
Unlisted
-
ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Maharashtra Minerals Corporation?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Anil Newalkar
|
Managing Director | 01-Jul-1981 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Amala Newalkar
|
Whole-Time Director | 28-Aug-2000 | Current |
|
Ravindra Watve
|
Director | 30-Sep-2022 | Current |
Financial Performance of Maharashtra Minerals Corporation.
Maharashtra Minerals Corporation Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 14.69% increase. The company also saw a substantial improvement in profitability, with a 154.29% increase in profit. The company's net worth Soared by an impressive increase of 20.49%.
- 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 Maharashtra Minerals Corporation?
In 2023, Maharashtra Minerals Corporation had a promoter holding of 80.70% and a public holding of 19.30%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
-
Fragrance Incubator And Investment Advisors LlpAnil Newalkar is a mutual person
-
Madhya Pradsh & Maharashtra Minerals & Chemicals Ltd
Anil Newalkar is a mutual person
-
Trimourty Ores And Metals Private Limited
Anil Newalkar and Amala Newalkar are mutual person
-
Standard Silica Private Ltd
Anil Newalkar and Amala Newalkar are mutual person
-
Aksharmaya Private Limited
Amala Newalkar is a mutual person
Charges (Loans)
₹0
₹1.16 Cr
Charges Breakdown by Lending Institutions
- Bank Of India : 0.80 Cr
- Asset Reconstruction Company (India) Ltd. : 0.18 Cr
- Dena Bank : 0.10 Cr
- Asset Reconstruction Company ( India) Ltd. : 0.08 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Oct 1988 | Bank Of India | ₹1.00 M | Satisfied |
| 17 Sep 1988 | Dena Bank | ₹1.00 M | Satisfied |
| 30 Oct 1987 | Bank Of India | ₹1.20 M | Satisfied |
| 28 Mar 1987 | Bank Of India | ₹1.34 M | Satisfied |
| 28 Mar 1987 | Bank Of India | ₹1.80 M | Satisfied |
How Many Employees Work at Maharashtra Minerals Corporation?
Unlock and access historical data on people associated with Maharashtra Minerals Corporation, 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 Maharashtra Minerals Corporation, 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 Minerals Corporation'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.
