Mahindra Summit Agriscience Limited

Produces crop protection products as a subsidiary of a larger company.

2018 | Mumbai, Maharashtra (India) | Active
Last Updated: January 11, 2025

Mahindra Summit Agriscience Profile

Key Indicators

  • Authorised Capital ₹ 190.00 Cr
  • Paid Up Capital ₹ 188.11 Cr
  • Company Age 6 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 45.00 Cr
  • Satisfied Charges ₹ 30.00 Cr
  • Revenue Growth 1.50%
  • Profit Growth -645.41%
  • Ebitda -346.21%
  • Net Worth -4.20%
  • Total Assets -2.27%

About Mahindra Summit Agriscience

Mahindra Summit Agriscience Limited (MSAL) is a Public Limited Indian Non-Government Company incorporated in India on 09 October 2018 (Six years and four months 15 days old ). Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Agriculture Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 190.00 Cr and a paid-up capital of Rs 188.11 Cr.

The company currently has active open charges totaling ₹45.00 Cr. The company has closed loans amounting to ₹30.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Mahindra Summit Agriscience Limited India are Sandeep Gadre as Ceo, Nilesh Totla as Cfo, and Madhurani Mayekar as Company Secretary. Sandeep Gadre, Manaswini Goel, Kiyotaka Masuda, and Two other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    mahindraagri.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U01400MH2018PLC315558

  • Company No.

    315558

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    09 Oct 2018

  • Date of AGM

    17 Jul 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Agriculture

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

Executive Team (3)

NameDesignationAppointment DateStatus
Sandeep Gadre Country flag representing In CEO01-Aug-2019Current
Nilesh Totla CFO08-Mar-2024Current
Madhurani Mayekar Country flag representing In Company Secretary31-Jul-2019Current

Board Members (5)

NameDesignationAppointment DateStatus
Sandeep Gadre Country flag representing In Whole-Time Director and Ceo 09-Oct-2018Current
Manaswini Goel Country flag representing In Director 07-May-2020Current
Kiyotaka Masuda Country flag representing Jp Whole-Time Director 17-Oct-2022Current
Hiromichi Maruyama Country flag representing Jp Director 27-Jan-2022Current
Ramesh Ramachandran Country flag representing Gb Additional Director Current

Financial Performance of Mahindra Summit Agriscience.

Mahindra Summit Agriscience Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 1.5% increase. The company also saw a substantial fall in profitability, with a 645.41% decrease in profit. The company's net worth dipped by a decrease of 4.2%.

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
1.50%
Revenue from Operations
-0.12%
Total Assets
-2.27%
Profit or Loss
-645.41%
Net Worth
-4.20%
EBITDA
-346.21%

What is the Ownership and Shareholding Structure of Mahindra Summit Agriscience?

In 2023, Mahindra Summit Agriscience had a promoter holding of 60.00% and a public holding of 40.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹45.00 Cr

Satisfied Charges

₹30.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 40.00 Cr
  • Hdfc Bank Limited : 5.00 Cr

Latest Charge Details

DateLenderAmountStatus
24 Aug 2021Hdfc Bank Limited₹5.00 CrOpen
09 Mar 2020Others₹40.00 CrOpen
25 Apr 2019Yes Bank Limited₹30.00 CrSatisfied

How Many Employees Work at Mahindra Summit Agriscience?

Mahindra Summit Agriscience has a workforce of 175 employees as of Apr 08, 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 Summit Agriscience, 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 Summit Agriscience'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 Summit Agriscience

Recent activity within the organization

  • Annual General Meeting

    Mahindra Summit Agriscience Limited last Annual general meeting of members was held on 17 Jul 2024 as per latest MCA records.

    17 Jul 2024

  • Balance Sheet

    Mahindra Summit Agriscience Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Nilesh Kumar Totla was appointed as a Cfo was appointed as a Cfo on 08 Mar 2024 & has been associated with this company since 11 months 15 days .

    08 Mar 2024

  • Charges

    A charge with Others of Rs. 40.00 Cr registered on 09 Mar 2020 with Charge ID 100331844 was modified on 20 Mar 2023.

    20 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 5.00 Cr registered on 24 Aug 2021 with Charge ID 100479520 was modified on 21 Oct 2022.

    21 Oct 2022

  • Director Appointment

    Kiyotaka Masuda was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 17 Oct 2022 & has been associated with this company since 2 years 4 months .

    17 Oct 2022

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 Summit Agriscience Limited was incorporated on 09 Oct 2018.

  • The authorized share capital of Mahindra Summit Agriscience Limited is ₹ 190.00 Cr and paid-up capital is ₹ 188.11 Cr.

  • Currently 8 directors are associated with Mahindra Summit Agriscience Limited.

    • Sandeep Bhargav Gadre
    • Manaswini Goel
    • Kiyotaka Masuda
    • Hiromichi Maruyama
    • Ramesh Ramachandran
    • Sandeep Bhargav Gadre
    • Nilesh Kumar Totla
    • Madhurani Mayekar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mahindra Summit Agriscience Limited is Mahindra Towers Dr. G. M. Bhosale Marg P. K Kurne Chowk, Worli India, Mumbai, Maharashtra, 400018.

  • The corporate identification number (CIN) of Mahindra Summit Agriscience Limited is U01400MH2018PLC315558 and the company number is 315558 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Mahindra Summit Agriscience Limited is https://www.mahindraagri.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Mahindra Summit Agriscience Limited has risen by 1.50%.

  • As Per 2022 financial reports, 175 employees are currently employed by Mahindra Summit Agriscience Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Mahindra Summit Agriscience Limited has experienced an downturn of -4.20%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Mahindra Summit Agriscience Limited amount to ₹ 45.00 Cr.

  • The most recent Balance Sheet for Mahindra Summit Agriscience Limited was filed with the ROC on 31 Mar 2024.

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