Mahindra Aerostructures Private Limited

Manufacturer of aircraft components and assemblies, part of Mahindra Group, established in 2011.

2011 | Mumbai, Maharashtra (India) | Active
Last Updated: July 15, 2024

Who are the key members and board of directors at Mahindra Aerostructures?

Executive Team (3)

NameDesignationAppointment DateStatus
Arvind Mehra Country flag representing InManaging Director27-Jan-2011Current
Subrahmanya Tangirala Country flag representing InCFO13-Sep-2016Current
Ramesh Vaigalathur Country flag representing InCompany Secretary08-Nov-2017Current

Board Members (4)

NameDesignationAppointment DateStatus
Vinod Sahay Country flag representing In Director 01-Aug-2023Current
Mukul Verma Country flag representing In Director 04-Aug-2018Current
Shriprakash Shukla Country flag representing In Director 23-Mar-2015Current
Karthik Krishnamurthy Country flag representing In Whole-Time Director 23-Mar-2015Current

Financial Performance of Mahindra Aerostructures.

Mahindra Aerostructures Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 52.91% increase. The company also saw a substantial fall in profitability, with a 23.67% decrease in profit. The company's net worth dipped by a decrease of 3.8%.

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
52.91%
Revenue from Operations
52.83%
Total Assets
14.94%
Profit or Loss
-23.67%
Net Worth
-3.80%
EBITDA
52.65%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹200.00 Cr

₹200.19 Cr

LenderAmountStatus

Axis Bank Limited

Creation Date: 06 Aug 2021
₹175.00 CrOpen

Hdfc Bank Limited

Creation Date: 24 May 2019
₹25.00 CrOpen

Axis Bank Limited

Creation Date: 17 Jun 2011
₹95.00 CrSatisfied

How Many Employees Work at Mahindra Aerostructures?

Mahindra Aerostructures has a workforce of 517 employees as of Apr 02, 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.

Graph showing employee growth trends

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Latest Updates, News, and FAQs on Mahindra Aerostructures

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited of Rs. 175.00 Cr registered on 06 Aug 2021 with Charge ID 100473225 was modified on 13 Sep 2023.

    13 Sep 2023

  • Director Appointment

    Vinod Kumar Sahay was appointed as a Director was appointed as a Director on 01 Aug 2023 & has been associated with this company since 1 year 5 months .

    01 Aug 2023

  • Annual General Meeting

    Mahindra Aerostructures Private Limited last Annual general meeting of members was held on 25 Jul 2023 as per latest MCA records.

    25 Jul 2023

  • Balance Sheet

    Mahindra Aerostructures Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 25.00 Cr registered on 24 May 2019 with Charge ID 100269106 was modified on 09 Jul 2022.

    09 Jul 2022

  • Charges

    A charge registered on 17 Jun 2011 via Charge ID 10297069 with Axis Bank Limited was fully satisfied on 06 Dec 2021.

    06 Dec 2021

Recent News, Updates & Announcement

  • News icon
    Mahindra & Mahindra and Adani Total Energies Team Up to Bring Electric SUVs to India! 🚗⚡️ #EcoFriendlyGoals #PartnershipGoals #SustainableRides.

    Mahindra & Mahindra + Adani Total Energies = SUVs go electric in India! 🚗⚡️ #EcoFriendlyGoals #PartnershipGoals #SustainableRides.

    21 Mar 2024 Blogger

  • News icon
    Mahindra & Adani Partner to Expand EV Charging Network Across India, Tata Power and Oil Companies Join In.

    Mahindra & Mahindra, a car company, teamed up with Adani Total Energies E-Mobility to build electric vehicle charging stations all over India. This will make it easier for people to charge their electric cars and help India reach its climate goals. Mahindra XUV400 owners can now access over 1,100 chargers through the Bluesense+ app. Tata Power is also installing over 500 charging points across India, with a market share of 60%. Oil companies are also starting to offer EV charging at their petrol pumps..

    21 Mar 2024 Business Today

  • News icon
    Bandhan Bank and M&M sign MoU to offer attractive commercial vehicle and equipment financing solutions.

    Mumbai, March 19, 2024:  Bandhan Bank, one of India’s fastest-growing private sector banks has signed a Memorandum of Understanding (MoU) with Mahindra & Mahindra, a leading commercial vehicle manufacturer of the country, to offer convenient fina.

    20 Mar 2024 OdishaDiary

  • News icon
    Thrust Zone.

    Mahindra, which has recently spent a lot of time at the trademark office, has registered other names, which could be used for its upcoming electric cars. XUV 7XO, XUV 1X0, XUV 5XO, XUV 3XO. The XUV 3XO can be used for the Mahindra XUV400 facelift scheduled to launch this year. But since this model is already in the market, Mahindra can launch a sub-4 meter version of the XUV400 and use the new name, which is said to be in the making. The above names refer to electric vehicle models already on the market (XUV400) or introduced by the car manufacturer (XUV e8). But the remaining two names – XUV 5XO and XUV 1XO – could indicate upcoming electric models from Mahindra. The XUV 5XO is expected to be a Creta-sized electric SUV, a rival to the upcoming MG ZS EV and Tata Curvv EV. The only electric SUV in India. With these 4 models, Mahindra will have an electric SUV in all popular SUV segments. XUV 1X0 will be the KUV 100 Electric which almost saw a launch and was forgotten entirely after 2021. Also announced and launched in 2022, Mahindra has announced a new line of all-electric SUVs – the BE series. They must have the same name assigned to them at presentation time. The BE 05, BE 07 and BE 09 will be stand-alone models and will be different from other Mahindra electric vehicles as they will be built on a new dedicated platform as part of the Born Electric range. The electric version of the Mahindra XUV700 is expected to launch later this year. As for the BE series, BE 05, scheduled to launch at the end of 2025, will be the first product in this product line to enter the market..

    14 Mar 2024 Thrust Zone

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Frequently asked questions

  • Mahindra Aerostructures Private Limited was incorporated on 27 Jan 2011.

  • The authorized share capital of Mahindra Aerostructures Private Limited is ₹ 470.00 Cr and paid-up capital is ₹ 464.50 Cr.

  • Currently 8 directors are associated with Mahindra Aerostructures Private Limited.

    • Shriprakash Shukla
    • Arvind Kumar Mehra
    • Mukul Verma
    • Karthik Krishnamurthy
    • Vinod Kumar Sahay
    • Subrahmanya Sarma Tangirala
    • Ramesh Iyer Subramanian Vaigalathur
    • Arvind Kumar Mehra
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mahindra Aerostructures Private Limited is Mahindra Towers, P. K. Kurne Chowk Worli, Mumbai, Maharashtra, India, 400018.

  • The corporate identification number (CIN) of Mahindra Aerostructures Private Limited is U35122MH2011PTC212744 and the company number is 212744 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Mahindra Aerostructures Private Limited is https://www.mahindraaerospace.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Mahindra Aerostructures Private Limited has risen by 52.91%.

  • As Per 2023 financial reports, 517 employees are currently employed by Mahindra Aerostructures Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Mahindra Aerostructures Private Limited has experienced an downturn of -3.80%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Mahindra Aerostructures Private Limited amount to ₹ 200.00 Cr.

  • The most recent Balance Sheet for Mahindra Aerostructures Private Limited was filed with the ROC on 31 Mar 2023.

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