Mahindra First Choice Wheels Profile
Key Indicators
- Authorised Capital ₹ 170.00 Cr
- Paid Up Capital ₹ 94.04 Cr
- Company Age 30 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 8.50 Cr
- Revenue Growth 30.14%
- Profit Growth -248.76%
- Ebitda -293.24%
- Net Worth 94.38%
- Total Assets 51.22%
About Mahindra First Choice Wheels
Mahindra First Choice Wheels Limited (MFCWL) is a leading Public Limited Indian Non-Government Company incorporated in India on 22 December 1994 and has a history of 30 years and one month. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Mahindra Telecommunications Ltd. The Company is engaged in the Automotive 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 170.00 Cr and a paid-up capital of Rs 94.04 Cr.
The company has closed loans amounting to ₹8.50 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Mahindra First Choice Wheels Limited India are Anita Halbe as Company Secretary, Vishal Agarwal as Cfo, and Ashutosh Pandey as Ceo. Sanjay Labroo, Rajeev Dubey, Ramesh Iyer, and Nine other members serve as directors at the Company.
Company Details
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Location
Mumbai, Maharashtra, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U64200MH1994PLC083996
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Company No.
083996
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
22 Dec 1994
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Date of AGM
27 Jul 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Mahindra First Choice Wheels?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ashutosh Pandey
|
Managing Director | 16-Jul-2018 | Current |
|
Anita Halbe
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Company Secretary | 30-Jul-2019 | Current |
| Vishal Agarwal | CFO | Current |
Board Members (11)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Sonu Bhasin
|
Director | 01-Apr-2023 | Current |
Rob Huting
|
Director | 30-Jan-2018 | Current |
|
Ramesh Iyer
|
Director | 30-Aug-2004 | Current |
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Narendra Mairpady
|
Director | 18-Sep-2015 | Current |
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Mohammed Turra
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Whole-Time Director | 08-Apr-2024 | Current |
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Sanjay Labroo
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Director | 14-Jan-2000 | Current |
Financial Performance of Mahindra First Choice Wheels.
Mahindra First Choice Wheels Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 30.14% increase. The company also saw a substantial fall in profitability, with a 248.76% decrease in profit. The company's net worth Soared by an impressive increase of 94.38%.
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What is the Ownership and Shareholding Structure of Mahindra First Choice Wheels?
In 2023, Mahindra First Choice Wheels had a promoter holding of 53.40% and a public holding of 46.60%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Utility Powertech LimitedThota Babu is a mutual person
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Equippp Social Impact Technologies LimitedNarendra Mairpady is a mutual person
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Nbs International LimitedRamesh Iyer and Ashutosh Pandey are mutual person
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Mumbai Metro One Private Limited.Thota Babu is a mutual person
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Mahindra Happinest Developers LimitedAmit Sinha is a mutual person
Charges (Loans)
₹0
₹8.50 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 5.50 Cr
- The Zoroastrian Co-Operative Bank Limited : 3.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Jun 2003 | Axis Bank Limited | ₹5.50 Cr | Satisfied |
| 11 Jan 2002 | The Zoroastrian Co-Operative Bank Limited | ₹3.00 Cr | Satisfied |
How Many Employees Work at Mahindra First Choice Wheels?
Mahindra First Choice Wheels has a workforce of 1069 employees as of Apr 03, 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 First Choice Wheels, 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 First Choice Wheels'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.
