Mahindra Agri Solutions Limited

Produces and trades agricultural products and insecticides, partners with other companies for distribution.

2000 | Mumbai, Maharashtra (India) | Active
Last Updated: July 09, 2024

Mahindra Agri Solutions Profile

Key Indicators

  • Authorised Capital ₹ 200.00 Cr
  • Paid Up Capital ₹ 161.52 Cr
  • Company Age 24 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 165.60 Cr
  • Satisfied Charges ₹ 118.25 Cr
  • Revenue Growth 13.34%
  • Profit Growth -346.92%
  • Ebitda -15.17%
  • Net Worth -140.91%
  • Total Assets -22.13%

About Mahindra Agri Solutions

Mahindra Agri Solutions Limited (MASL) is a leading Public Limited Indian Non-Government Company incorporated in India on 11 April 2000 and has a history of 24 years and nine months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Mahindra Shubhlabh Services Limited. The Company is engaged in the Agriculture Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 200.00 Cr and a paid-up capital of Rs 161.52 Cr.

The company currently has active open charges totaling ₹165.60 Cr. The company has closed loans amounting to ₹118.25 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Mahindra Agri Solutions Limited India are Mr Baria as Company Secretary, Ramesh Ramachandran as Ceo, and Meghnad Mitra as Cfo. Shriprakash Shukla, Durgashankar Subramaniam, Hardeep Singh, and Three other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U01400MH2000PLC125781

  • Company No.

    125781

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    11 Apr 2000

  • Date of AGM

    24 Jul 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Agriculture

What products or services does Mahindra Agri Solutions Limited offer?

Mahindra Agri Solutions Limited offers a wide range of products and services, including Insecticides, Selective Herbicide, Clodinafop Propargyl, Grain Seed, Paddy Seeds, Seeds and Plant Saplings, Hybrid Seeds, Fruit Seeds, Hybrid Watermelon Seeds, Cooking Spices and Masala.

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

Executive Team (3)

NameDesignationAppointment DateStatus
Meghnad Mitra Country flag representing In CFO01-Nov-2017Current
Ramesh Ramachandran Country flag representing Gb Managing Director31-Aug-2023Current
Mr Baria Country flag representing In Company Secretary09-May-2000Current

Board Members (5)

NameDesignationAppointment DateStatus
Ramesh Iyer Country flag representing In Director 20-Mar-2019Current
Hardeep Singh Country flag representing In Director 05-Mar-2015Current
Durgashankar Subramaniam Country flag representing In Director 11-Apr-2000Current
Aruna Bhinge Country flag representing In Director 29-Mar-2016Current
Shriprakash Shukla Country flag representing In Director 11-May-2020Current

Financial Performance of Mahindra Agri Solutions.

Mahindra Agri Solutions Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 13.34% increase. The company also saw a substantial fall in profitability, with a 346.92% decrease in profit. The company's net worth observed a substantial decline by a decrease of 140.91%.

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
13.34%
Revenue from Operations
11.83%
Total Assets
-22.13%
Profit or Loss
-346.92%
Net Worth
-140.91%
EBITDA
-15.17%

What is the Ownership and Shareholding Structure of Mahindra Agri Solutions?

In 2023, Mahindra Agri Solutions had a promoter holding of 98.79% and a public holding of 1.21%. The company had 3 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹165.60 Cr

Satisfied Charges

₹118.25 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 55.60 Cr
  • Others : 55.00 Cr
  • Yes Bank Limited : 55.00 Cr

Latest Charge Details

DateLenderAmountStatus
27 Nov 2018Hdfc Bank Limited₹16.80 CrOpen
01 Jun 2018Hdfc Bank Limited₹16.80 CrOpen
13 Oct 2017Others₹55.00 CrOpen
15 Mar 2017Hdfc Bank Limited₹22.00 CrOpen
13 Mar 2014Yes Bank Limited₹55.00 CrOpen

How Many Employees Work at Mahindra Agri Solutions?

Mahindra Agri Solutions has a workforce of 183 employees as of Mar 24, 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

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mahindra Agri Solutions, 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 Mahindra Agri Solutions'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 Mahindra Agri Solutions

Recent activity within the organization

  • Director Appointment

    Ramesh Ramachandran was appointed as a Managing Director was appointed as a Managing Director on 31 Aug 2023 & has been associated with this company since 1 year 5 months .

    31 Aug 2023

  • Annual General Meeting

    Mahindra Agri Solutions Limited last Annual general meeting of members was held on 24 Jul 2023 as per latest MCA records.

    24 Jul 2023

  • Balance Sheet

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

    31 Mar 2023

  • Charges

    A charge registered on 24 Jul 2018 via Charge ID 100197185 with Citi Bank N.A. was fully satisfied on 24 Mar 2023.

    24 Mar 2023

  • Charges

    A charge with Others of Rs. 55.00 Cr registered on 13 Oct 2017 with Charge ID 100132043 was modified on 13 Mar 2023.

    13 Mar 2023

  • Director Appointment

    Shriprakash Shukla was appointed as a Director was appointed as a Director on 11 May 2020 & has been associated with this company since 4 years 8 months .

    11 May 2020

Recent News, Updates & Announcement

  • 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
    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
    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

  • News icon
  • News icon

Frequently asked questions

  • Mahindra Agri Solutions Limited was incorporated on 11 Apr 2000.

  • The authorized share capital of Mahindra Agri Solutions Limited is ₹ 200.00 Cr and paid-up capital is ₹ 161.52 Cr.

  • Currently 9 directors are associated with Mahindra Agri Solutions Limited.

    • Shriprakash Shukla
    • Durgashankar Subramaniam
    • Hardeep Singh
    • Ramesh Ganesh Iyer
    • Aruna Rajendra Bhinge
    • Ramesh Ramachandran
    • Mr Feroze Baria
    • Ramesh Ramachandran
    • Meghnad Mitra
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mahindra Agri Solutions Limited is Mahindra Towersdr G M Bhosle Marg, P K Kurne Chowk Worli, Mumbai, Maharashtra, India, 400018.

  • The corporate identification number (CIN) of Mahindra Agri Solutions Limited is U01400MH2000PLC125781 and the company number is 125781 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Mahindra Agri Solutions Limited is https://www.mahindraagri.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Mahindra Agri Solutions Limited has risen by 13.34%.

  • As Per 2023 financial reports, 183 employees are currently employed by Mahindra Agri Solutions Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Mahindra Agri Solutions Limited has experienced an downturn of -140.91%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Mahindra Agri Solutions Limited amount to ₹ 165.60 Cr.

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

Similar Companies Based on Agro Retail & Distribution