Meritor Hvs (India) Limited

Joint venture company providing heavy vehicle axles and brakes solutions.

1998 | Mysore, Karnataka (India) | Active
Last Updated:

Meritor Hvs (India) Profile

Key Indicators

  • Authorised Capital ₹ 3.50 Cr
  • Paid Up Capital ₹ 2.43 Cr
  • Company Age 27 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 48.97%
  • Profit Growth 35.22%
  • Ebitda 28.19%
  • Net Worth 14.05%
  • Total Assets 15.44%

About Meritor Hvs (India)

Meritor Hvs (India) Limited (MHIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 13 February 1998 and has a history of 27 years and three months. Its registered office is in Mysore, Karnataka, India.

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 2024. It's a company limited by shares with an authorized capital of Rs 3.50 Cr and a paid-up capital of Rs 2.43 Cr, as per Ministry of Corporate Affairs (MCA) records.

Bhoopalam Prabhakar, Babasaheb Kalyani, Kenneth Hogan, and One other member serve as directors at the Company.

Company Details

  • Location

    Mysore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29221KA1998PLC023383

  • Company No.

    023383

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    13 Feb 1998

  • Date of AGM

    07 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Automotive

What products or services does Meritor Hvs (India) Limited offer?

Meritor Hvs (India) Limited offers a wide range of products and services, including Sheet Metal & Turned Components, Industrial Disc Brakes, Commercial Vehicle Spare Parts, Axle.

Company report

Meritor Hvs (India) Limited

Explore comprehensive data for Meritor Hvs (India) Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Meritor Hvs (India)?

Board Members (4)

NameDesignationAppointment DateStatus
Kenneth Hogan Country flag representing It Director 14-May-2021Current
Bhoopalam Prabhakar Country flag representing In Director 05-Aug-2015Current
Babasaheb Kalyani Country flag representing In Director 25-Mar-1999Current
Kishan Udupi Country flag representing In Whole-Time Director 03-Jul-2024Current

Financial Performance of Meritor Hvs (India).

Meritor Hvs (India) Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 48.97% increase. The company also saw a substantial improvement in profitability, with a 35.22% increase in profit. The company's net worth Soared by an impressive increase of 14.05%.

Meritor Hvs (India) revenue growth over time
Meritor Hvs (India) 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
48.97%
Revenue from Operations
48.46%
Total Assets
15.44%
Profit or Loss
35.22%
Net Worth
14.05%
EBITDA
28.19%

What is the Ownership and Shareholding Structure of Meritor Hvs (India)?

In 2023, Meritor Hvs (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 Meritor Hvs (India)?

Meritor Hvs (India) has a workforce of 69 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.

Employee growth trends for Meritor Hvs (India) Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Meritor Hvs (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 Meritor Hvs (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 Meritor Hvs (India)

Recent activity within the organization

  • Annual General Meeting

    Meritor Hvs (India) Limited last Annual general meeting of members was held on 07 Aug 2024 as per latest MCA records.

  • Director Appointment

    Kishan Kumar Udupi was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 03 Jul 2024 & has been associated with this company since 10 months 11 days .

  • Balance Sheet

    Meritor Hvs (India) Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

  • Director Appointment

    Kenneth James Hogan was appointed as a Director was appointed as a Director on 14 May 2021 & has been associated with this company since 4 years .

  • Director Appointment

    Bhoopalam Chandrashekharaiah Prabhakar was appointed as a Director was appointed as a Director on 05 Aug 2015 & has been associated with this company since 9 years 9 months .

  • Director Appointment

    Babasaheb Neelkanth Kalyani was appointed as a Director was appointed as a Director on 25 Mar 1999 & has been associated with this company since 26 years 1 month .

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Meritor Hvs (India) Limited?

    Meritor Hvs (India) Limited was incorporated on 13 Feb 1998.

  • What is authorized share capital and paid-up capital of Meritor Hvs (India) Limited?

    The authorized share capital of Meritor Hvs (India) Limited is ₹ 3.50 Cr and paid-up capital is ₹ 2.43 Cr.

  • Who are the current board members & directors of Meritor Hvs (India) Limited?

    Currently 4 directors are associated with Meritor Hvs (India) Limited.

    • Bhoopalam Chandrashekharaiah Prabhakar
    • Babasaheb Neelkanth Kalyani
    • Kenneth James Hogan
    • Kishan Kumar Udupi
  • What is the registered address of Meritor Hvs (India) Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Meritor Hvs (India) Limited is Hootagalli Indl. Areaoff.Hansur Road, Mysore Kartaka India, Na, Karnataka, 570018.

  • What is the corporate identification number (CIN) and company number of Meritor Hvs (India) Limited?

    The corporate identification number (CIN) of Meritor Hvs (India) Limited is U29221KA1998PLC023383 and the company number is 023383 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Meritor Hvs (India) Limited?

    The Official website of Meritor Hvs (India) Limited is https://www.mhvsil.com

  • What has been the recent revenue trend for Meritor Hvs (India) Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Meritor Hvs (India) Limited has risen by 48.97%.

  • How many employees does Meritor Hvs (India) Limited currently have?

    As Per 2023 financial reports, 69 employees are currently employed by Meritor Hvs (India) Limited.

  • What change has been observed in the net worth of Meritor Hvs (India) Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Meritor Hvs (India) Limited has experienced an upsurge of 14.05%.

  • When was the last Balance Sheet of Meritor Hvs (India) Limited filed with the ROC?

    The most recent Balance Sheet for Meritor Hvs (India) Limited was filed with the ROC on 31 Mar 2024.

Unlock Business Insights – Explore Instantly!

Search company & director profiles for free and gain access to critical business data.

  • 3.1M+ Companies
  • 15M+ Legal Cases
  • 525K+ Credit Ratings
  • 5.8M+ Directors & KMP
  • 750K+ Regulatory Alerts
  • 1.1M+ Companies' Financial Records
Start Free Trial

People also Viewed

Similar Companies Based on Auto Parts & Components