Mahindra Electric Mobility Profile
Key Indicators
- Authorised Capital ₹ 1,000.00 Cr
- Paid Up Capital ₹ 726.17 Cr
- Company Age 29 Year, 1 Month
- Last Filing with ROC 31 Mar 2022
- Satisfied Charges ₹ 64.85 Cr
- Revenue Growth 110.28%
- Profit Growth 34.17%
- Ebitda 85.74%
- Net Worth -26.33%
- Total Assets 25.56%
About Mahindra Electric Mobility
Mahindra Electric Mobility Limited (MEML) is Amalgamated company established on 02 Apr 1996 with its office registered at Mumbai, Maharashtra, India and has been running since 29 Year, 1 Month with a paid up capital of 726.17 Cr. According to MCA records, 7 Directors and 3 Signatories are linked to this company as of 18 Jan 2025.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U34101MH1996PLC325507
- Company No.
325507
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
02 Apr 1996
- Date of AGM
22 Jul 2022
- Date of Balance Sheet
31 Mar 2022
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Automotive
What products or services does Mahindra Electric Mobility Limited offer?
Mahindra Electric Mobility Limited offers a wide range of products and services, including E Vehicles, Electric Three Wheeler, Parts and Kits, Motorcycles and Cars, Cars, Commercial Vehicles & Three Wheelers, Mini Truck.
Mahindra Electric Mobility Limited
Explore comprehensive data for Mahindra Electric Mobility Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Mahindra Electric Mobility?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ashish Lath  | CFO | Current | |
| Jignesh Parikh | Company Secretary | 10-May-2021 | Current |
| Suman Mishra | CEO | 23-Aug-2021 | Current |
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ruzbeh Irani | Director | 22-Jan-2018 | Current |
| Rajesh Jejurikar | Director | 21-Jan-2021 | Current |
| Ravindra Dhariwal | Director | 19-Apr-2017 | Current |
| Nikhilesh Panchal | Director | 26-Apr-2022 | Current |
| Vijay Nakra | Director | 06-May-2020 | Current |
| Suman Mishra | Director | 13-Jul-2021 | Current |
Financial Performance 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Mahindra Electric Mobility?
In 2022, Mahindra Electric Mobility had a promoter holding of 98.98% and a public holding of 1.02%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Trident Global Corp LimitedRavindra Dhariwal is a mutual person
Nbs International LimitedVijay Nakra is a mutual person
Mahindra Happinest Developers LimitedAmit Sinha is a mutual person
Fifth Gear Ventures LimitedAmit Sinha is a mutual person
Msl Driveline Systems LimitedNikhilesh Panchal is a mutual person
Sagacito Technologies Private LimitedRavindra Dhariwal is a mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹64.85 Cr
Charges Breakdown by Lending Institutions
- Export-Import Bank Of India : 50.00 Cr
- Icici Limited : 7.50 Cr
- Technology Development Board : 4.65 Cr
- Icici Bank Limited : 1.50 Cr
- Karnataka State Financial Coporation : 1.20 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Dec 2010 | Export-Import Bank Of India | ₹50.00 Cr | Satisfied |
| 03 Aug 2004 | Icici Bank Limited | ₹1.50 Cr | Satisfied |
| 05 Aug 2002 | Karnataka State Financial Coporation | ₹1.20 Cr | Satisfied |
| 30 Dec 2000 | Technology Development Board | ₹4.65 Cr | Satisfied |
| 13 Mar 2000 | Icici Limited | ₹7.50 Cr | Satisfied |
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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Mahindra Electric Mobility, 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 Electric Mobility's trajectory.
Rating
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
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 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.
- 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 3 years 26 days .
- Balance Sheet
Mahindra Electric Mobility Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Mumbai.
- Director Appointment
Amit Kumar Sinha was appointed as a Director was appointed as a Director on 23 Aug 2021 & has been associated with this company since 3 years 8 months .
- Director Appointment
Suman Laxmidhar Mishra was appointed as a Ceo was appointed as a Ceo on 23 Aug 2021 & has been associated with this company since 3 years 8 months .
- 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 10 months .
Recent News, Updates & Announcement
- 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..
- 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.
- 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.
- 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..
Frequently asked questions
What is the Incorporation or founding date of Mahindra Electric Mobility Limited?
Mahindra Electric Mobility Limited was incorporated on 02 Apr 1996.
What is authorized share capital and paid-up capital of Mahindra Electric Mobility Limited?
The authorized share capital of Mahindra Electric Mobility Limited is ₹ 1,000.00 Cr and paid-up capital is ₹ 726.17 Cr.
Who are the current board members & directors of Mahindra Electric Mobility Limited?
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
What is the registered address of Mahindra Electric Mobility Limited?
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, India, Mumbai, Maharashtra, 400018.
What is the corporate identification number (CIN) and company number of Mahindra Electric Mobility Limited?
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).
What is the official website of Mahindra Electric Mobility Limited?
The Official website of Mahindra Electric Mobility Limited is https://www.mahindraelectric.com
What has been the recent revenue trend for Mahindra Electric Mobility Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Mahindra Electric Mobility Limited has risen by 110.28%.
How many employees does Mahindra Electric Mobility Limited currently have?
As Per 2022 financial reports, 420 employees are currently employed by Mahindra Electric Mobility Limited.
What change has been observed in the net worth of Mahindra Electric Mobility Limited, and by what percentage?
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%.
When was the last Balance Sheet of Mahindra Electric Mobility Limited filed with the ROC?
The most recent Balance Sheet for Mahindra Electric Mobility Limited was filed with the ROC on 31 Mar 2022.
Unlock Business Insights – Explore Instantly!
Search company & director profiles for free and gain access to critical business data.
- 3.1M+ Companies
- 15M+ Legal Cases
- 525K+ Credit Ratings
- 5.8M+ Directors & KMP
- 750K+ Regulatory Alerts
- 1.1M+ Companies' Financial Records
People also Viewed
Sonali KulkarniDirector
Ketan DoshiDirector
Chetan MainiDirectorRS
Rajagopal SethuramanDirectorST
Suresh TalwarDirectorPS
Pravin ShahDirectorPS
Parthasarathy SrinivasaDirectorPG
Pawan GoenkaDirector
Similar Companies Based on Electrical and Bio Fuel Vehicles
Ola Electric Technologies Private Limited Bangaluru, Karnataka, India
Okaya Ev Private Limited Delhi, India
Greaves Electric Mobility Private Limited Coimbatore, Tamil Nadu, India
Okinawa Autotech Internationall Private Limited Gurugram, Haryana, India
Greencell Mobility Private Limited Mumbai, Maharashtra, India
Byd India Private Limited Kanchipuram, Tamil Nadu, India
Hero Electric Vehicles Private Limited Delhi, India
Pmi Electro Mobility Solutions Private Limited Delhi, India