Mahyco Private Limited

Leading agricultural company specializing in seed research, production, and marketing for various crops.

1991 | Mumbai, Maharashtra (India) | Active
Last Updated:

Mahyco Profile

Key Indicators

  • Authorised Capital ₹ 68.10 Cr
  • Paid Up Capital ₹ 29.40 Cr
  • Company Age 33 Year, 8 Months
  • Last Filing with ROC 31 Mar 2022
  • Open Charges ₹ 243.48 Cr
  • Satisfied Charges ₹ 55.41 Cr
  • Revenue Growth 6.25%
  • Profit Growth 80.38%
  • Ebitda 54.12%
  • Net Worth 20.48%
  • Total Assets 10.39%

About Mahyco

Mahyco Private Limited (MPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 06 June 1991 and has a history of 33 years and eight months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Sungro Seeds Private Limited. 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 2022. It's a company limited by shares with an authorized capital of Rs 68.10 Cr and a paid-up capital of Rs 29.40 Cr.

The company currently has active open charges totaling ₹243.48 Cr. The company has closed loans amounting to ₹55.41 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Mahyco Private Limited India is Manisha Vhatkar as COMPANY SECRETARY. Rajendra Barwale, Shyamsunder Agrawal, Usha Brent, and Three other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    mahyco.com

  • Social Media
  • Apps

Corporate Identity Details

  • CIN/LLPIN

    U74999MH1991PTC061969

  • Company No.

    061969

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    06 Jun 1991

  • Date of AGM

    28 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc-Mumbai

Industry

Agriculture

Who are the key members and board of directors at Mahyco?

Executive Team (2)

NameDesignationAppointment DateStatus
Shirish Barwale Country flag representing In Managing Director20-Jun-2009Current
Manisha Vhatkar Company Secretary01-Jan-2015Current

Board Members (5)

NameDesignationAppointment DateStatus
Aashish Barwale Country flag representing In Wholetime Director 28-Dec-2019Current
Rajendra Barwale Country flag representing In Director 23-Aug-2017Current
Shyamsunder Agrawal Country flag representing In Director 28-Oct-2005Current
Usha Brent Country flag representing Us Director 28-Dec-2019Current
Anup Singh Country flag representing In Director 28-Oct-2005Current

Financial Performance of Mahyco.

Mahyco Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 6.25% increase. The company also saw a substantial improvement in profitability, with a 80.38% increase in profit. The company's net worth Soared by an impressive increase of 20.48%.

Mahyco revenue growth over time
Mahyco 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
6.25%
Revenue from Operations
7.73%
Total Assets
10.39%
Profit or Loss
80.38%
Net Worth
20.48%
EBITDA
54.12%

What is the Ownership and Shareholding Structure of Mahyco?

In 2023, Mahyco had a promoter holding of 100.00%. The company had 3 Subsidiaries, 2 Joint Ventures and 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

₹243.48 Cr

Satisfied Charges

₹55.41 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 131.00 Cr
  • Bank Of India : 81.00 Cr
  • Icici Bank Limited : 30.00 Cr
  • Gujrat Ind. Investment Corp. Lt D. : 1.48 Cr

Latest Charge Details

DateLenderAmountStatus
19 May 2023Icici Bank Limited₹30.00 CrOpen
14 Jul 2021Bank Of India₹81.00 CrOpen
13 May 2019Hdfc Bank Limited₹45.00 CrOpen
11 Jul 2018Hdfc Bank Limited₹71.00 CrOpen
21 Oct 2013Hdfc Bank Limited₹15.00 CrOpen

How Many Employees Work at Mahyco?

Mahyco has a workforce of 888 employees as of Apr 07, 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.

Employee growth trends for Mahyco Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mahyco, 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 Mahyco'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 Mahyco

Recent activity within the organization

  • Charges

    A charge with Icici Bank Limited amounted to Rs. 30.00 Cr with Charge ID 100729207 was registered on 19 May 2023.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 45.00 Cr registered on 13 May 2019 with Charge ID 100265550 was modified on 28 Mar 2023.

  • Annual General Meeting

    Mahyco Private Limited last Annual general meeting of members was held on 28 Sep 2022 as per latest MCA records.

  • Balance Sheet

    Mahyco Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with RoC-Mumbai.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 71.00 Cr registered on 11 Jul 2018 with Charge ID 100194476 was modified on 01 Feb 2022.

  • Charges

    A charge with Bank Of India amounted to Rs. 81.00 Cr with Charge ID 100466396 was registered on 14 Jul 2021.

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Mahyco Private Limited?

    Mahyco Private Limited was incorporated on 06 Jun 1991.

  • What is authorized share capital and paid-up capital of Mahyco Private Limited?

    The authorized share capital of Mahyco Private Limited is ₹ 68.10 Cr and paid-up capital is ₹ 29.40 Cr.

  • Who are the current board members & directors of Mahyco Private Limited?

    Currently 7 directors are associated with Mahyco Private Limited.

    • Rajendra Badrinarayan Barwale
    • Shyamsunder Gopilalji Agrawal
    • Usha Zehr Brent
    • Shirish Rajendra Barwale
    • Aashish Rajendra Barwale
    • Manisha Santosh Vhatkar
    • Anup Singh

  • What is the registered address of Mahyco Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Mahyco Private Limited is 19 Raj Mahal 84 Veer Narimanroad, Mumbai, Maharashtra, India, 400020.

  • What is the corporate identification number (CIN) and company number of Mahyco Private Limited?

    The corporate identification number (CIN) of Mahyco Private Limited is U74999MH1991PTC061969 and the company number is 061969 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Mahyco Private Limited?

    The Official website of Mahyco Private Limited is https://www.mahyco.com

  • What has been the recent revenue trend for Mahyco Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Mahyco Private Limited has risen by 6.25%.

  • How many employees does Mahyco Private Limited currently have?

    As Per 2023 financial reports, 888 employees are currently employed by Mahyco Private Limited.

  • What change has been observed in the net worth of Mahyco Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Mahyco Private Limited has experienced an upsurge of 20.48%.

  • What are the total open charges for Mahyco Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Mahyco Private Limited amount to ₹ 243.48 Cr.

  • When was the last Balance Sheet of Mahyco Private Limited filed with the ROC?

    The most recent Balance Sheet for Mahyco Private Limited was filed with the ROC on 31 Mar 2022.

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