Mahindra Airways Limited

Provides aviation services and manages aircraft and machines for smooth operations.

2016 | Mumbai, Maharashtra (India) | Active
Last Updated: June 24, 2024

Mahindra Airways Profile

Key Indicators

  • Authorised Capital ₹ 136.50 Cr
  • Paid Up Capital ₹ 133.00 Cr
  • Company Age 8 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 971.43%
  • Profit Growth -904.18%
  • Ebitda -656.27%
  • Net Worth 16125.25%
  • Total Assets 11949.31%

About Mahindra Airways

Mahindra Airways Limited (MAL) is a Public Limited Indian Non-Government Company incorporated in India on 27 July 2016 (Eight years and six months 28 days old ). Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Transport And Logistics 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 136.50 Cr and a paid-up capital of Rs 133.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Mahindra Airways Limited India are Gayathri Suraj as COMPANY SECRETARY and Shriniwas Mantri as Cfo. Abhaya Mahajan, Ruzbeh Irani, Manaswini Goel, and One other member serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    mahindra.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U62100MH2016PLC284135

  • Company No.

    284135

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    27 Jul 2016

  • Date of AGM

    21 Jul 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Transport and Logistics

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

Executive Team (2)

NameDesignationAppointment DateStatus
Gayathri Suraj Country flag representing In Company Secretary20-Jan-2023Current
Shriniwas Mantri CFO25-Apr-2023Current

Board Members (4)

NameDesignationAppointment DateStatus
Ruzbeh Irani Country flag representing In Director 13-Dec-2018Current
Abhaya Mahajan Country flag representing In Director 23-Oct-2019Current
Manaswini Goel Country flag representing In Director Current
Chandrasekar Kandasamy Country flag representing In Director 27-Jul-2016Current

Financial Performance of Mahindra Airways.

Mahindra Airways Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 971.43% increase. The company also saw a substantial fall in profitability, with a 904.18% decrease in profit. The company's net worth Soared by an impressive increase of 16125.25%.

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
971.43%
Revenue from Operations
Total Assets
11949.31%
Profit or Loss
-904.18%
Net Worth
16125.25%
EBITDA
-656.27%

What is the Ownership and Shareholding Structure of Mahindra Airways?

In 2023, Mahindra Airways had a promoter holding of 100.00%. 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 Mahindra Airways?

Mahindra Airways has a workforce of 6 employees as of Apr 04, 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 Airways, 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 Airways'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 Airways

Recent activity within the organization

  • Annual General Meeting

    Mahindra Airways Limited last Annual general meeting of members was held on 21 Jul 2023 as per latest MCA records.

    21 Jul 2023

  • Director Appointment

    Shriniwas Achyut Mantri was appointed as a Cfo was appointed as a Cfo on 25 Apr 2023 & has been associated with this company since 1 year 9 months .

    25 Apr 2023

  • Balance Sheet

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

    31 Mar 2023

  • Director Appointment

    Gayathri Iyer Suraj was appointed as a Company Secretary was appointed as a Company Secretary on 20 Jan 2023 & has been associated with this company since 2 years 1 month .

    20 Jan 2023

  • Director Appointment

    Abhaya Mahajan was appointed as a Director was appointed as a Director on 23 Oct 2019 & has been associated with this company since 5 years 4 months .

    23 Oct 2019

  • Director Appointment

    Ruzbeh Baman Irani was appointed as a Director was appointed as a Director on 13 Dec 2018 & has been associated with this company since 6 years 2 months .

    13 Dec 2018

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

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Frequently asked questions

  • Mahindra Airways Limited was incorporated on 27 Jul 2016.

  • The authorized share capital of Mahindra Airways Limited is ₹ 136.50 Cr and paid-up capital is ₹ 133.00 Cr.

  • Currently 6 directors are associated with Mahindra Airways Limited.

    • Abhaya Mahajan
    • Ruzbeh Baman Irani
    • Gayathri Iyer Suraj
    • Shriniwas Achyut Mantri
    • Manaswini Goel
    • Chandrasekar Kandasamy
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mahindra Airways Limited is Mahindra Towers Pandurang Budhkar Marg, Nr.Doordarshan Kendra Worli, Mumbai, Maharashtra, India, 400018.

  • The corporate identification number (CIN) of Mahindra Airways Limited is U62100MH2016PLC284135 and the company number is 284135 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Mahindra Airways Limited is https://www.mahindra.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Mahindra Airways Limited has risen by 971.43%.

  • As Per 2023 financial reports, 6 employees are currently employed by Mahindra Airways Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Mahindra Airways Limited has experienced an upsurge of 16125.25%.

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

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