Mahindra Retail Limited

Retail company specializing in mother and child products with physical and online stores.

2007 | Mumbai, Maharashtra (India) | Merged
Last Updated: January 17, 2025

Mahindra Retail Profile

Key Indicators

  • Authorised Capital ₹ 967.00 Cr
  • Paid Up Capital ₹ 961.66 Cr
  • Company Age 17 Year, 5 Months
  • Last Filing with ROC 31 Mar 2021
  • Satisfied Charges ₹ 138.50 Cr
  • Revenue Growth -39.18%
  • Profit Growth 379.60%
  • Ebitda 97.78%
  • Net Worth 19.04%
  • Total Assets 5.79%

About Mahindra Retail

Mahindra Retail Limited (MRL) is Amalgamated company established on 03 Sep 2007 with its office registered at Mumbai, Maharashtra, India and has been running since 17 Year, 5 Months with a paid up capital of 961.66 Cr. According to MCA records, 3 Directors and 1 Signatories are linked to this company as of 17 Jan 2025.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U52190MH2007PLC173762

  • Company No.

    173762

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    03 Sep 2007

  • Date of AGM

    15 Jul 2021

  • Date of Balance Sheet

    31 Mar 2021

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

E-Commerce

What products or services does Mahindra Retail Limited offer?

Mahindra Retail Limited offers a wide range of products and services, including Kids Ride On, Toy Gun & Battery Cars, Toy Musical Instruments, Ladies Bags, Designer Bag, Learning and Educational Toy, Clay Toys, Baby Laundry Liquid, Toy Vehicles, Race Car Toys, Detergent.

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

Executive Team (1)

Name Designation Appointment Date Status
Dharmakanth Todurkar CFO 28-Jul-2017 Current

Board Members (3)

Name Designation Appointment Date Status
Ajay Mehta Country flag representing In Director 08-Feb-2017 Current
Zhooben Bhiwandiwala Country flag representing In Director 03-Sep-2007 Current
Chandra Iyer Country flag representing In Director 08-May-2020 Current

Financial Performance of Mahindra Retail.

Mahindra Retail Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 39.18% decrease. The company also saw a substantial improvement in profitability, with a 379.6% increase in profit. The company's net worth Soared by an impressive increase of 19.04%.

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
-39.18%
Revenue from Operations
Total Assets
5.79%
Profit or Loss
379.60%
Net Worth
19.04%
EBITDA
97.78%

What is the Ownership and Shareholding Structure of Mahindra Retail?

In 2021, Mahindra Retail had a promoter holding of 100.00%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹138.50 Cr

Charges Breakdown by Lending Institutions

  • Vijaya Bank : 122.00 Cr
  • Hdfc Bank Limited : 10.00 Cr
  • Mahindra And Mahindra Financial Services Limited : 6.50 Cr

Latest Charge Details

Date Lender Amount Status
27 Jul 2011 Vijaya Bank ₹122.00 Cr Satisfied
22 Jul 2009 Mahindra And Mahindra Financial Services Limited ₹6.50 Cr Satisfied
16 May 2009 Hdfc Bank Limited ₹10.00 Cr Satisfied

How Many Employees Work at Mahindra Retail?

Mahindra Retail has a workforce of 199 employees as of Mar 30, 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 Retail, 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 Retail'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 Retail

Recent activity within the organization

  • Annual General Meeting

    Mahindra Retail Limited last Annual general meeting of members was held on 15 Jul 2021 as per latest MCA records.

    15 Jul 2021

  • Balance Sheet

    Mahindra Retail Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Mumbai.

    31 Mar 2021

  • Director Appointment

    Chandra Lakshminarayan Iyer was appointed as a Director was appointed as a Director on 08 May 2020 & has been associated with this company since 4 years 9 months .

    08 May 2020

  • Director Appointment

    Dharmakanth Srikanth Todurkar was appointed as a Cfo was appointed as a Cfo on 28 Jul 2017 & has been associated with this company since 7 years 6 months .

    28 Jul 2017

  • Director Appointment

    Ajay Natvarbhai Mehta was appointed as a Director was appointed as a Director on 08 Feb 2017 & has been associated with this company since 7 years 11 months .

    08 Feb 2017

  • Charges

    A charge registered on 27 Jul 2011 via Charge ID 10306531 with Vijaya Bank was fully satisfied on 17 Oct 2014.

    17 Oct 2014

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 Retail Limited was incorporated on 03 Sep 2007.

  • The authorized share capital of Mahindra Retail Limited is ₹ 967.00 Cr and paid-up capital is ₹ 961.66 Cr.

  • Currently 4 directors are associated with Mahindra Retail Limited.

    • Zhooben Dossabhoy Bhiwandiwala
    • Ajay Natvarbhai Mehta
    • Chandra Lakshminarayan Iyer
    • Dharmakanth Srikanth Todurkar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mahindra Retail Limited is Mahindra Towers P.K. Kurne Chowk Worli, India, Mumbai, Maharashtra, 400018.

  • The corporate identification number (CIN) of Mahindra Retail Limited is U52190MH2007PLC173762 and the company number is 173762 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Mahindra Retail Limited is https://www.mahindraretail.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Mahindra Retail Limited has fallen by -39.18%.

  • As Per 2021 financial reports, 199 employees are currently employed by Mahindra Retail Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Mahindra Retail Limited has experienced an upsurge of 19.04%.

  • The most recent Balance Sheet for Mahindra Retail Limited was filed with the ROC on 31 Mar 2021.