Mahindra Two Wheelers Limited

Global manufacturer and distributor of motorcycles, scooters, and three-wheelers with extensive market presence.

2008 | Mumbai, Maharashtra (India) | Merged
Last Updated: January 17, 2025

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

Executive Team (3)

NameDesignationAppointment DateStatus
Nasir Deshmukh Country flag representing InCEO28-Nov-2023Current
Poonam VazeCompany Secretary09-Dec-2014Current
Niteen KarveCFO30-Oct-2020Current

Board Members (6)

NameDesignationAppointment DateStatus
Vinod Sahay Country flag representing In Director 30-Jul-2020Current
Shrikant Marathe Country flag representing In Director 08-Jan-2018Current
Arun Malhotra Country flag representing In Director 08-Jan-2021Current
Nozar Bharucha Country flag representing In Director 27-Jan-2022Current
Rucha Nanavati Country flag representing Us Director 31-May-2023Current
Nasir Deshmukh Country flag representing In Whole-Time Director and Ceo 01-Nov-2023Current

Financial Performance of Mahindra Two Wheelers.

Mahindra Two Wheelers Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 25.13% increase. The company also saw a substantial improvement in profitability, with a 39.14% increase in profit. The company's net worth moved up by a moderate rise of 5.78%.

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
25.13%
Revenue from Operations
24.87%
Total Assets
12.98%
Profit or Loss
39.14%
Net Worth
5.78%
EBITDA
40.51%

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹587.00 Cr

Charges Breakdown by Lending Institutions

  • Ing Vysya Bank Limited : 152.00 Cr
  • Housing Development Finance Corporation Limited : 130.00 Cr
  • Kotak Mahindra Bank Limited : 125.00 Cr
  • Yes Bank Limited : 75.00 Cr
  • Indusind Bank Limited : 50.00 Cr
  • Others : 55.00 Cr

Latest Charge Details

DateLenderAmountStatus
03 Jul 2015Yes Bank Limited₹75.00 CrSatisfied
12 Jan 2015Ing Vysya Bank Limited₹92.00 CrSatisfied
27 Dec 2011Housing Development Finance Corporation Limited₹130.00 CrSatisfied
22 Feb 2011Ing Vysya Bank Limited₹60.00 CrSatisfied
23 Sep 2010Kotak Mahindra Bank Limited₹125.00 CrSatisfied

How Many Employees Work at Mahindra Two Wheelers?

Mahindra Two Wheelers has a workforce of 13 employees as of Apr 05, 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 Two Wheelers, 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 Two Wheelers'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 Two Wheelers

Recent activity within the organization

  • Annual General Meeting

    Mahindra Two Wheelers Limited last Annual general meeting of members was held on 15 May 2024 as per latest MCA records.

    15 May 2024

  • Charges

    A charge registered on 03 Jul 2007 via Charge ID 10060752 with Hdfc Bank Limited was fully satisfied on 18 Apr 2024.

    18 Apr 2024

  • Balance Sheet

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

    31 Mar 2024

  • Director Appointment

    Nasir Kabir Deshmukh was appointed as a Ceo was appointed as a Ceo on 28 Nov 2023 & has been associated with this company since 1 year 2 months .

    28 Nov 2023

  • Director Appointment

    Nasir Kabir Deshmukh was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 01 Nov 2023 & has been associated with this company since 1 year 2 months .

    01 Nov 2023

  • Director Appointment

    Rucha Nanavati was appointed as a Director was appointed as a Director on 31 May 2023 & has been associated with this company since 1 year 8 months .

    31 May 2023

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 Two Wheelers Limited was incorporated on 05 Aug 2008.

  • The authorized share capital of Mahindra Two Wheelers Limited is ₹ 1,950.00 Cr and paid-up capital is ₹ 82.82 Cr.

  • Currently 9 directors are associated with Mahindra Two Wheelers Limited.

    • Arun Kumar Malhotra
    • Nozar Cavas Bharucha
    • Shrikant Raghunath Marathe
    • Vinod Kumar Sahay
    • Rucha Nanavati
    • Nasir Kabir Deshmukh
    • Nasir Kabir Deshmukh
    • Poonam Avinash Vaze
    • Niteen Sudheer Karve
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mahindra Two Wheelers Limited is Mahindra Towers P. K. Kurne Chowk, Worli India, Mumbai, Maharashtra, 400018.

  • The corporate identification number (CIN) of Mahindra Two Wheelers Limited is U35911MH2008PLC185462 and the company number is 185462 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Mahindra Two Wheelers Limited is https://www.mahindratwowheelers.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Mahindra Two Wheelers Limited has risen by 25.13%.

  • As Per 2023 financial reports, 13 employees are currently employed by Mahindra Two Wheelers Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Mahindra Two Wheelers Limited has experienced an upsurge of 5.78%.

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

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