Mahindra Electric Mobility Limited logo

Mahindra Electric Mobility Limited

Designs and manufactures compact EVs, sells EV kits and vehicles, incorporated in 1996.
1996 | Mumbai, Maharashtra (India) | Merged

Last Updated:

April 20, 2024
HomeCompanyMahindra Electric Mobility Limited

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

Executive Team (3)

NameDesignationAppointment DateStatus
Ashish Lath InCFOCurrent
Jignesh Parikh InCompany SecretaryCurrent
Suman MishraCEOCurrent

Board Members(7)

NameDesignationAppointment DateStatus
Ruzbeh Irani In Director 22-Jan-2018Current
Rajesh Jejurikar In Director 26-May-2010Current
Ravindra Dhariwal In Director 19-Apr-2017Current
Nikhilesh Panchal In Director 26-Apr-2022Current
Vijay Nakra In Director 06-May-2020Current
Suman Mishra In Director 13-Jul-2021Current

Financial Performance and Corporate Structure Insights of Mahindra Electric Mobility.

Mahindra Electric Mobility Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 110.28% increase. The company also saw a substantial improvement in profitability, with a 34.17% increase in profit. The company's net worth observed a substantial decline by a decrease of 26.33%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
110.28%
Revenue from Operations
117.15%
Total Assets
25.56%
Profit or Loss
34.17%
Net Worth
-26.33%
EBITDA
85.74%

Related Corporates (Common Directorship)

Charges (Loans)

Satisfied Charges

₹64.85 Cr

LenderAmountStatus

Export-Import Bank Of India

Creation Date: 23 Dec 2010
₹50.00 CrSatisfied

Icici Bank Limited

Creation Date: 03 Aug 2004
₹1.50 CrSatisfied

Karnataka State Financial Coporation

Creation Date: 05 Aug 2002
₹1.20 CrSatisfied

How Many Employees Work at Mahindra Electric Mobility?

Mahindra Electric Mobility has a workforce of 420 employees as of Apr 06, 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.

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Latest Updates, News, and FAQs on Mahindra Electric Mobility

Recent activity within the organization

  • Annual General Meeting

    Mahindra Electric Mobility Limited last Annual general meeting of members was held on 22 Jul 2022 as per latest MCA records.

    22 Jul 2022

  • Director Appointment

    Nikhilesh Natwarlal Panchal was appointed as a Director was appointed as a Director on 26 Apr 2022 & has been associated with this company since 2 years 7 months .

    26 Apr 2022

  • Balance Sheet

    Mahindra Electric Mobility Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Mumbai.

    31 Mar 2022

  • Director Appointment

    Suman Laxmidhar Mishra was appointed as a Director was appointed as a Director on 13 Jul 2021 & has been associated with this company since 3 years 5 months .

    13 Jul 2021

  • Director Appointment

    Amit Kumar Sinha was appointed as a Director was appointed as a Director on 09 Apr 2021 & has been associated with this company since 3 years 8 months .

    09 Apr 2021

  • Director Appointment

    Vijay Ramswaroop Nakra was appointed as a Director was appointed as a Director on 06 May 2020 & has been associated with this company since 4 years 7 months .

    06 May 2020

Frequently asked questions

  • Mahindra Electric Mobility Limited was incorporated on 02 Apr 1996.

  • The authorized share capital of Mahindra Electric Mobility Limited is ₹ 1,000.00 Cr and paid-up capital is ₹ 726.17 Cr.

  • Currently 10 directors are associated with Mahindra Electric Mobility Limited.

    • Ashish Lath
    • Ravindra Dhariwal
    • Nikhilesh Natwarlal Panchal
    • Rajesh Ganesh Jejurikar
    • Ruzbeh Baman Irani
    • Vijay Ramswaroop Nakra
    • Suman Laxmidhar Mishra
    • Amit Kumar Sinha
    • Jignesh Ashok Parikh
    • Suman Laxmidhar Mishra
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mahindra Electric Mobility Limited is Mahindra Towers Dr G.M.Bhosale Marg, P.K. Kurne Chowk Worli, Mumbai, Maharashtra, India, 400018.

  • The corporate identification number (CIN) of Mahindra Electric Mobility Limited is U34101MH1996PLC325507 and the company number is 325507 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Mahindra Electric Mobility Limited is https://www.mahindraelectric.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Mahindra Electric Mobility Limited has risen by 110.28%.

  • As Per 2022 financial reports, 420 employees are currently employed by Mahindra Electric Mobility Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Mahindra Electric Mobility Limited has experienced an downturn of -26.33%.

  • The most recent Balance Sheet for Mahindra Electric Mobility Limited was filed with the ROC on 31 Mar 2022.

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