Mahle Electric Drives India Private Limited

Manufactures automotive components for the industry, including alternators and starter motors.

2013 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: July 06, 2024

Mahle Electric Drives India Profile

Key Indicators

  • Authorised Capital ₹ 70.00 Cr
  • Paid Up Capital ₹ 49.10 Cr
  • Company Age 11 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 64.93%
  • Profit Growth 113.11%
  • Ebitda 148.27%
  • Net Worth 5.42%
  • Total Assets 89.71%

About Mahle Electric Drives India

Mahle Electric Drives India Private Limited (MEDIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 14 August 2013 and has a history of 11 years and five months. Its registered office is in Coimbatore, Tamil Nadu, India.

The Corporate was formerly known as Letrika Roots Private Limited. 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 70.00 Cr and a paid-up capital of Rs 49.10 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Mahle Electric Drives India Private Limited India are Jakob Ruemmler as CFO and Aravind Sankaranarayanan as Company Secretary. Milind Godbole, Jakob Ruemmler, Milind Mhaiskar, and One other member serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U31103TZ2013PTC019757

  • Company No.

    019757

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 Aug 2013

  • Date of AGM

    20 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Automotive

Who are the key members and board of directors at Mahle Electric Drives India?

Executive Team (3)

Name Designation Appointment Date Status
Milind Mhaiskar Country flag representing In Managing Director Current
Jakob Ruemmler CFO 18-Apr-2024 Current
Aravind Sankaranarayanan Company Secretary 09-Dec-2021 Current

Board Members (3)

Name Designation Appointment Date Status
Milind Godbole Country flag representing In Director 20-Jul-2021 Current
Jakob Ruemmler Country flag representing De Director 04-Aug-2023 Current
Uros Rutar Additional Director 12-Jan-2024 Current

Financial Performance of Mahle Electric Drives India.

Mahle Electric Drives India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 64.93% increase. The company also saw a substantial improvement in profitability, with a 113.11% increase in profit. The company's net worth moved up by a moderate rise of 5.42%.

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
64.93%
Revenue from Operations
65.01%
Total Assets
89.71%
Profit or Loss
113.11%
Net Worth
5.42%
EBITDA
148.27%

What is the Ownership and Shareholding Structure of Mahle Electric Drives India?

In 2023, Mahle Electric Drives India had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Mahle Electric Drives India?

Mahle Electric Drives India has a workforce of 97 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mahle Electric Drives India, 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 Mahle Electric Drives India'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 Mahle Electric Drives India

Recent activity within the organization

  • Director Appointment

    Jakob Ruemmler was appointed as a Cfo was appointed as a Cfo on 18 Apr 2024 & has been associated with this company since 9 months 16 days .

    18 Apr 2024

  • Director Appointment

    Uros Rutar was appointed as a Additional Director was appointed as a Additional Director on 12 Jan 2024 & has been associated with this company since 1 year 21 days .

    12 Jan 2024

  • Annual General Meeting

    Mahle Electric Drives India Private Limited last Annual general meeting of members was held on 20 Sep 2023 as per latest MCA records.

    20 Sep 2023

  • Director Appointment

    Jakob Ruemmler was appointed as a Director was appointed as a Director on 04 Aug 2023 & has been associated with this company since 1 year 6 months .

    04 Aug 2023

  • Balance Sheet

    Mahle Electric Drives India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

    31 Mar 2023

  • Director Appointment

    Milind Mukund Godbole was appointed as a Director was appointed as a Director on 20 Jul 2021 & has been associated with this company since 3 years 6 months .

    20 Jul 2021

Frequently asked questions

  • Mahle Electric Drives India Private Limited was incorporated on 14 Aug 2013.

  • The authorized share capital of Mahle Electric Drives India Private Limited is ₹ 70.00 Cr and paid-up capital is ₹ 49.10 Cr.

  • Currently 6 directors are associated with Mahle Electric Drives India Private Limited.

    • Milind Mukund Godbole
    • Jakob Ruemmler
    • Milind Gajanan Mhaiskar
    • Jakob Ruemmler
    • Aravind Sankaranarayanan
    • Uros Rutar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mahle Electric Drives India Private Limited is S.F. No. 451/2 Kathirnaickenpalayam Road Kurudampalayam Village Thoppampatti Pos, Coimbatore, Tamil Nadu, India, 641017.

  • The corporate identification number (CIN) of Mahle Electric Drives India Private Limited is U31103TZ2013PTC019757 and the company number is 019757 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Mahle Electric Drives India Private Limited is https://www.mahle.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Mahle Electric Drives India Private Limited has risen by 64.93%.

  • As Per 2023 financial reports, 97 employees are currently employed by Mahle Electric Drives India Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Mahle Electric Drives India Private Limited has experienced an upsurge of 5.42%.

  • The most recent Balance Sheet for Mahle Electric Drives India Private Limited was filed with the ROC on 31 Mar 2023.

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