

Mahindra Heavy Engines Profile
Key Indicators
- Authorised Capital ₹ 800.00 Cr
- Paid Up Capital ₹ 634.40 Cr
- Company Age 17 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 325.74 Cr
- Revenue Growth 27.67%
- Profit Growth -17.06%
- Ebitda -21.54%
- Net Worth 7.18%
- Total Assets 9.95%
About Mahindra Heavy Engines
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U35914MH2007PLC169753
- Company No.
169753
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
09 Apr 2007
- Date of AGM
09 May 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
What products or services does Mahindra Heavy Engines Limited offer?
Mahindra Heavy Engines Limited offers a wide range of products and services, including Engine & Engine Spare Parts, Diesel Engine, Steering Parts & Components, Drivetrain Components.
Who are the key members and board of directors at Mahindra Heavy Engines?
Executive Team (2)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Kiran Bade ![]() | Company Secretary | 31-Mar-2014 | Current |
Amol Deshpande | CFO | 23-Apr-2022 | Current |
Board Members (4)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Smita Mankad ![]() | Director | 20-Apr-2020 | Current |
Shrikant Marathe ![]() | Director | 31-Mar-2015 | Current |
Vinay Khanolkar | Director | 12-Jun-2023 | Current |
Nozar Bharucha ![]() | Director | 12-Jun-2023 | Current |
Financial Performance of Mahindra Heavy Engines.
Mahindra Heavy Engines Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 27.67% increase. The company also saw a substantial fall in profitability, with a 17.06% decrease in profit. The company's net worth moved up by a moderate rise of 7.18%.


- Key Matrics
- Balance Sheet
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What is the Ownership and Shareholding Structure of Mahindra Heavy Engines?
In 2023, Mahindra Heavy Engines had a promoter holding of 100.00%. 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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Smita Mankad is a mutual person
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Smita Mankad is a mutual person
- Imperial Auto Industries Limited
Smita Mankad is a mutual person
- Subros Limited
Smita Mankad is a mutual person
- Auto Cluster Development And Research Institute
Shrikant Marathe is a mutual person
- Mahindra Emarket Limited
Nozar Bharucha is a mutual person
Charges (Loans)
₹0
₹325.74 Cr
Charges Breakdown by Lending Institutions
- Kotak Mahindra Bank Limited : 200.00 Cr
- Others : 115.74 Cr
- Hdfc Bank Limited : 10.00 Cr
Latest Charge Details
Date | Lender | Amount | Status |
---|---|---|---|
20 Sep 2022 | Hdfc Bank Limited | ₹10.00 Cr | Satisfied |
29 Mar 2017 | Others | ₹115.00 Cr | Satisfied |
11 Aug 2015 | Kotak Mahindra Bank Limited | ₹200.00 Cr | Satisfied |
23 Jun 2010 | Others | ₹7.35 M | Satisfied |
How Many Employees Work at Mahindra Heavy Engines?
Mahindra Heavy Engines has a workforce of 264 employees as of Apr 09, 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 Heavy Engines, 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 Heavy Engines'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 Heavy Engines
Recent activity within the organization
- Annual General Meeting
Mahindra Heavy Engines Limited last Annual general meeting of members was held on 09 May 2024 as per latest MCA records.
- Charges
A charge registered on 20 Sep 2022 via Charge ID 100616301 with Hdfc Bank Limited was fully satisfied on 15 Apr 2024.
- Balance Sheet
Mahindra Heavy Engines Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Director Appointment
Vinay Digamber Khanolkar was appointed as a Director was appointed as a Director on 12 Jun 2023 & has been associated with this company since 1 year 9 months .
- Director Appointment
Nozar Cavas Bharucha was appointed as a Director was appointed as a Director on 12 Jun 2023 & has been associated with this company since 1 year 9 months .
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 10.00 Cr with Charge ID 100616301 was registered on 20 Sep 2022.
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 Heavy Engines Limited?
Mahindra Heavy Engines Limited was incorporated on 09 Apr 2007.
What is authorized share capital and paid-up capital of Mahindra Heavy Engines Limited?
The authorized share capital of Mahindra Heavy Engines Limited is ₹ 800.00 Cr and paid-up capital is ₹ 634.40 Cr.
Who are the current board members & directors of Mahindra Heavy Engines Limited?
Currently 6 directors are associated with Mahindra Heavy Engines Limited.
- Shrikant Raghunath Marathe
- Vinay Digamber Khanolkar
- Amol Vasant Deshpande
- Kiran Nilkanth Bade
- Nozar Cavas Bharucha
- Smita Piyush Mankad
What is the registered address of Mahindra Heavy Engines Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Mahindra Heavy Engines Limited is Mahindra Towers Dr. G.M Bhosale Marg P.K. Kurne Worli, India, Mumbai, Maharashtra, 400001.
What is the corporate identification number (CIN) and company number of Mahindra Heavy Engines Limited?
The corporate identification number (CIN) of Mahindra Heavy Engines Limited is U35914MH2007PLC169753 and the company number is 169753 as per Ministry of Corporate Affairs (MCA).
What is the official website of Mahindra Heavy Engines Limited?
The Official website of Mahindra Heavy Engines Limited is https://www.mahindra.com
What has been the recent revenue trend for Mahindra Heavy Engines Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Mahindra Heavy Engines Limited has risen by 27.67%.
How many employees does Mahindra Heavy Engines Limited currently have?
As Per 2023 financial reports, 264 employees are currently employed by Mahindra Heavy Engines Limited.
What change has been observed in the net worth of Mahindra Heavy Engines Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Mahindra Heavy Engines Limited has experienced an upsurge of 7.18%.
When was the last Balance Sheet of Mahindra Heavy Engines Limited filed with the ROC?
The most recent Balance Sheet for Mahindra Heavy Engines Limited was filed with the ROC on 31 Mar 2024.
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