Maharashtra Motors Finance Limited

Founded in 1991 and headquartered in Maharashtra, India.

1991 | Nagpur, Maharashtra (India) | Active
Last Updated: January 11, 2025

Maharashtra Motors Finance Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 2.54 M
  • Company Age 33 Year, 11 Months
  • Last Filing with ROC 31 Mar 2022
  • Revenue Growth -57.03%
  • Profit Growth -395.87%
  • Ebitda -97.27%
  • Net Worth -0.35%
  • Total Assets -42.34%

About Maharashtra Motors Finance

Maharashtra Motors Finance Limited (MMFL) is a Public Limited Indian Non-Government Company incorporated in India on 26 February 1991 and has a history of 33 years and 11 months. Its registered office is in Nagpur, Maharashtra, India.

The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2022. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 2.54 M, as per Ministry of Corporate Affairs (MCA) records.

Surekha Kochar, Dipali Kochar, and Rahul Kochar serve as directors at the Company.

Company Details

  • Location

    Nagpur, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65921MH1991PLC060470

  • Company No.

    060470

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    26 Feb 1991

  • Date of AGM

    30 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

Who are the key members and board of directors at Maharashtra Motors Finance?

Board Members (3)

Name Designation Appointment Date Status
Surekha Kochar Country flag representing In Director 27-Jul-1992 Current
Dipali Kochar Country flag representing In Director 08-Sep-2018 Current
Rahul Kochar Country flag representing In Director 08-Sep-2018 Current

Financial Performance of Maharashtra Motors Finance.

Maharashtra Motors Finance Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 57.03% decrease. The company also saw a substantial fall in profitability, with a 395.87% decrease in profit. The company's net worth dipped by a decrease of 0.35%.

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
-57.03%
Revenue from Operations
Total Assets
-42.34%
Profit or Loss
-395.87%
Net Worth
-0.35%
EBITDA
-97.27%

What is the Ownership and Shareholding Structure of Maharashtra Motors Finance?

In 2017, Maharashtra Motors Finance had a promoter holding of 83.42% and a public holding of 16.58%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Maharashtra Motors Finance?

Unlock and access historical data on people associated with Maharashtra Motors Finance, 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 Maharashtra Motors Finance, 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 Motors Finance'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 Motors Finance

Recent activity within the organization

  • Annual General Meeting

    Maharashtra Motors Finance Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.

    30 Sep 2022

  • Balance Sheet

    Maharashtra Motors Finance Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Mumbai.

    31 Mar 2022

  • Director Appointment

    Dipali Rahul Kochar was appointed as a Director was appointed as a Director on 08 Sep 2018 & has been associated with this company since 6 years 5 months .

    08 Sep 2018

  • Director Appointment

    Rahul Gautamchand Kochar was appointed as a Director was appointed as a Director on 08 Sep 2018 & has been associated with this company since 6 years 5 months .

    08 Sep 2018

  • Director Appointment

    Surekha Gautamchand Kochar was appointed as a Director was appointed as a Director on 27 Jul 1992 & has been associated with this company since 32 years 6 months .

    27 Jul 1992

  • Company Incorporation

    Maharashtra Motors Finance Limited was registered on 26 Feb 1991 with Roc Mumbai & aged 33 years 11 months as per MCA records.

    26 Feb 1991

Frequently asked questions

  • Maharashtra Motors Finance Limited was incorporated on 26 Feb 1991.

  • The authorized share capital of Maharashtra Motors Finance Limited is ₹ 5.00 M and paid-up capital is ₹ 2.54 M.

  • Currently 3 directors are associated with Maharashtra Motors Finance Limited.

    • Surekha Gautamchand Kochar
    • Dipali Rahul Kochar
    • Rahul Gautamchand Kochar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Maharashtra Motors Finance Limited is Flat No. 801 Kamal Palace Ramdaspeth India, Nagpur, Maharashtra, 440010.

  • The corporate identification number (CIN) of Maharashtra Motors Finance Limited is U65921MH1991PLC060470 and the company number is 060470 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Maharashtra Motors Finance Limited has fallen by -57.03%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Maharashtra Motors Finance Limited has experienced an downturn of -0.35%.

  • The most recent Balance Sheet for Maharashtra Motors Finance Limited was filed with the ROC on 31 Mar 2022.

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