Mahavir Minerals Limited

Produces and supplies minerals such as feldspar, quartz, clay, granite, and limestone to customers.

1977 | Mumbai, Maharashtra (India) | Active
Last Updated:

Mahavir Minerals Profile

Key Indicators

  • Authorised Capital ₹ 4.50 Cr
  • Paid Up Capital ₹ 1.72 Cr
  • Company Age 47 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 16.80 Cr
  • Satisfied Charges ₹ 4.21 Cr
  • Revenue Growth -27.97%
  • Profit Growth -67.21%
  • Ebitda 14.23%
  • Net Worth 0.71%
  • Total Assets 4.27%

About Mahavir Minerals

Mahavir Minerals Limited (MML) is a leading Public Limited Indian Non-Government Company incorporated in India on 17 June 1977 and has a history of 47 years and eight months. Its registered office is in Mumbai, Maharashtra.

The Corporate was formerly known as Mahavir Minerals Private Limited. 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 4.50 Cr and a paid-up capital of Rs 1.72 Cr.

The company currently has active open charges totaling ₹16.80 Cr. The company has closed loans amounting to ₹4.21 Cr, as per Ministry of Corporate Affairs (MCA) records.

Devang Gandhi, Vandana Daga, Yashovardhan Daga, and Three other members serve as directors at the Company.

Company Details

  • Location Mumbai, Maharashtra
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U24100MH1977PLC019705

  • Company No.

    019705

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    17 Jun 1977

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Metals and Minerals

What products or services does Mahavir Minerals Limited offer?

Mahavir Minerals Limited offers a wide range of products and services, including Sanitary Ware, Limestone, Pink Limestone, Wall Tiles, Filter Media, Silica Sand, Bathroom Sanitary Ware, Floor Tiles, Vitrified,Ceramic Floor & Wall Tiles, Vitrified Tiles.

Who are the key members and board of directors at Mahavir Minerals?

Executive Team (1)

NameDesignationAppointment DateStatus
Madhusudan Daga Country flag representing In Managing Director05-Feb-1979Current

Board Members (5)

NameDesignationAppointment DateStatus
Yashovardhan Daga Country flag representing In Director 01-Oct-2009Current
Devang Gandhi Country flag representing In Director 17-Jun-1977Current
Vandana Daga Country flag representing In Director 16-Nov-1999Current
Jayesh Kumbhani Country flag representing In Director 30-Mar-2015Current
Harshvardhan Daga Country flag representing In Director 18-Nov-2015Current

Financial Performance of Mahavir Minerals.

Mahavir Minerals Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 27.97% decrease. The company also saw a substantial fall in profitability, with a 67.21% decrease in profit. The company's net worth moved up by a moderate rise of 0.71%.

Mahavir Minerals revenue growth over time
Mahavir Minerals 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
-27.97%
Revenue from Operations
-28.48%
Total Assets
4.27%
Profit or Loss
-67.21%
Net Worth
0.71%
EBITDA
14.23%

What is the Ownership and Shareholding Structure of Mahavir Minerals?

In 2023, Mahavir Minerals had a promoter holding of 15.33% and a public holding of 84.67%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹16.80 Cr

Satisfied Charges

₹4.21 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 16.16 Cr
  • Others : 0.42 Cr
  • Tata Capital Financial Services Limited : 0.21 Cr

Latest Charge Details

DateLenderAmountStatus
22 Oct 2021Others₹4.25 MOpen
30 Sep 2016Tata Capital Financial Services Limited₹2.12 MOpen
07 Jul 2016Hdfc Bank Limited₹12.66 CrOpen
30 Jun 2016Hdfc Bank Limited₹3.50 CrOpen
12 Jun 2000Canara Bank₹1.45 CrSatisfied

How Many Employees Work at Mahavir Minerals?

Mahavir Minerals has a workforce of 37 employees as of Apr 05, 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 Mahavir Minerals Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mahavir Minerals, 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 Mahavir Minerals'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 Mahavir Minerals

Recent activity within the organization

  • Annual General Meeting

    Mahavir Minerals Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Mahavir Minerals Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 12.66 Cr registered on 07 Jul 2016 with Charge ID 100040794 was modified on 19 Oct 2022.

  • Charges

    A charge with Others amounted to Rs. 0.42 Cr with Charge ID 100499419 was registered on 22 Oct 2021.

  • Charges

    A charge with Tata Capital Financial Services Limited amounted to Rs. 0.21 Cr with Charge ID 100062518 was registered on 30 Sep 2016.

  • Charges

    A charge registered on 12 Jun 2000 via Charge ID 90187856 with Canara Bank was fully satisfied on 18 Jul 2016.

Frequently asked questions

  • What is the Incorporation or founding date of Mahavir Minerals Limited?

    Mahavir Minerals Limited was incorporated on 17 Jun 1977.

  • What is authorized share capital and paid-up capital of Mahavir Minerals Limited?

    The authorized share capital of Mahavir Minerals Limited is ₹ 4.50 Cr and paid-up capital is ₹ 1.72 Cr.

  • Who are the current board members & directors of Mahavir Minerals Limited?

    Currently 6 directors are associated with Mahavir Minerals Limited.

    • Devang Dhairyakant Gandhi
    • Vandana Madhusudan Daga
    • Yashovardhan Madhusudan Daga
    • Jayesh Ramniklal Kumbhani
    • Harshvardhan Madhusudan Daga
    • Madhusudan Laxminarayan Daga

  • What is the registered address of Mahavir Minerals Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Mahavir Minerals Limited is Sonawala Building 2Nd Floor65 Bombay Samachar Marg Fort India, Mumbai, Maharashtra, 400023.

  • What is the corporate identification number (CIN) and company number of Mahavir Minerals Limited?

    The corporate identification number (CIN) of Mahavir Minerals Limited is U24100MH1977PLC019705 and the company number is 019705 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Mahavir Minerals Limited?

    The Official website of Mahavir Minerals Limited is https://www.mahavirminerals.com

  • What has been the recent revenue trend for Mahavir Minerals Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Mahavir Minerals Limited has fallen by -27.97%.

  • How many employees does Mahavir Minerals Limited currently have?

    As Per 2023 financial reports, 37 employees are currently employed by Mahavir Minerals Limited.

  • What change has been observed in the net worth of Mahavir Minerals Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Mahavir Minerals Limited has experienced an upsurge of 0.71%.

  • What are the total open charges for Mahavir Minerals Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Mahavir Minerals Limited amount to ₹ 16.80 Cr.

  • When was the last Balance Sheet of Mahavir Minerals Limited filed with the ROC?

    The most recent Balance Sheet for Mahavir Minerals Limited was filed with the ROC on 31 Mar 2024.

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