Mineral Exploration And Consultancy Limited

Provides geo-scientific services for mineral exploration and exploitation.

1972 | Nagpur, Maharashtra (India) | Active
Last Updated: December 29, 2024

Mineral Exploration And Consultancy Profile

Key Indicators

  • Authorised Capital ₹ 125.00 Cr
  • Paid Up Capital ₹ 119.55 Cr
  • Company Age 52 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 29.01 Cr
  • Revenue Growth -47.11%
  • Profit Growth -86.51%
  • Ebitda -86.79%
  • Net Worth 0.74%
  • Total Assets -4.65%

About Mineral Exploration And Consultancy

Mineral Exploration And Consultancy Limited (MEACL) was founded in India on 21 October 1972 and has a glorious history of 52 years and three months. Its registered office is in Nagpur, Maharashtra, India.

The Corporate was formerly known as Mineral Exploration Corporation Limited. The Company is engaged in the Metals And Minerals 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 125.00 Cr and a paid-up capital of Rs 119.55 Cr.

The company currently has active open charges totaling ₹29.01 Cr.

The Key Managerial Personnel (KMP) at Mineral Exploration And Consultancy Limited India is Biswajit Dora as COMPANY SECRETARY. Pandurangan Sritharan, Ghanshyam Sharma, Vivek Sharma, and Three other members serve as directors at the Company.

Company Details

  • Location

    Nagpur, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U13100MH1972GOI016078

  • Company No.

    016078

  • Company Classification

    Public Limited Union Government Company

  • Incorporation Date

    21 Oct 1972

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Metals and Minerals

Who are the key members and board of directors at Mineral Exploration And Consultancy?

Executive Team (2)

NameDesignationAppointment DateStatus
Indra Narayan Country flag representing In Managing Director26-Jul-2023Current
Biswajit Dora Country flag representing In Company Secretary22-Dec-2006Current

Board Members (5)

NameDesignationAppointment DateStatus
Pandurangan Sritharan Country flag representing In Director 02-Jun-2023Current
Ghanshyam Sharma Country flag representing In Director 27-Feb-2018Current
Vivek Sharma Country flag representing In Nominee Director 15-Mar-2024Current
Yogendra Bhamboo Nominee Director 29-Jul-2024Current
Pankaj Pandey Country flag representing In Director 06-Apr-2023Current

Financial Performance of Mineral Exploration And Consultancy.

Mineral Exploration And Consultancy Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 47.11% decrease. The company also saw a substantial fall in profitability, with a 86.51% decrease in profit. The company's net worth moved up by a moderate rise of 0.74%.

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
-47.11%
Revenue from Operations
-48.33%
Total Assets
-4.65%
Profit or Loss
-86.51%
Net Worth
0.74%
EBITDA
-86.79%

What is the Ownership and Shareholding Structure of Mineral Exploration And Consultancy?

In 2022, Mineral Exploration And Consultancy had a promoter holding of 100.00%. The company had 1 Joint Venture. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹29.01 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 29.00 Cr
  • Rupee Co- Op. Bank Ltd. : 0.01 Cr

Latest Charge Details

DateLenderAmountStatus
14 Aug 2001Rupee Co- Op. Bank Ltd.₹0.10 MOpen
12 Oct 2000State Bank Of India₹20.00 CrOpen
17 Jul 1990State Bank Of India₹2.50 CrOpen
23 Dec 1987State Bank Of India₹6.50 CrOpen

How Many Employees Work at Mineral Exploration And Consultancy?

Unlock and access historical data on people associated with Mineral Exploration And Consultancy, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mineral Exploration And Consultancy, 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 Mineral Exploration And Consultancy'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 Mineral Exploration And Consultancy

Recent activity within the organization

  • Annual General Meeting

    Mineral Exploration And Consultancy Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Director Appointment

    Yogendra Singh Bhamboo was appointed as a Nominee Director was appointed as a Nominee Director on 29 Jul 2024 & has been associated with this company since 6 months 4 days .

    29 Jul 2024

  • Balance Sheet

    Mineral Exploration And Consultancy Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Vivek Kumar Sharma was appointed as a Nominee Director was appointed as a Nominee Director on 15 Mar 2024 & has been associated with this company since 10 months 17 days .

    15 Mar 2024

  • Director Appointment

    Indra Dev Narayan was appointed as a Managing Director was appointed as a Managing Director on 26 Jul 2023 & has been associated with this company since 1 year 6 months .

    26 Jul 2023

  • Director Appointment

    Pandurangan Sritharan was appointed as a Director was appointed as a Director on 02 Jun 2023 & has been associated with this company since 1 year 8 months .

    02 Jun 2023

Frequently asked questions

  • Mineral Exploration And Consultancy Limited was incorporated on 21 Oct 1972.

  • The authorized share capital of Mineral Exploration And Consultancy Limited is ₹ 125.00 Cr and paid-up capital is ₹ 119.55 Cr.

  • Currently 7 directors are associated with Mineral Exploration And Consultancy Limited.

    • Pandurangan Sritharan
    • Ghanshyam Sharma
    • Vivek Kumar Sharma
    • Indra Dev Narayan
    • Yogendra Singh Bhamboo
    • Biswajit Dora
    • Pankaj Pandey
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mineral Exploration And Consultancy Limited is Dr Babasaheb Ambedkar Bhavanseminary Hills India, Nagpur, Maharashtra, 440006.

  • The corporate identification number (CIN) of Mineral Exploration And Consultancy Limited is U13100MH1972GOI016078 and the company number is 016078 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Mineral Exploration And Consultancy Limited is https://www.mecl.co.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Mineral Exploration And Consultancy Limited has fallen by -47.11%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Mineral Exploration And Consultancy Limited has experienced an upsurge of 0.74%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Mineral Exploration And Consultancy Limited amount to ₹ 29.01 Cr.

  • The most recent Balance Sheet for Mineral Exploration And Consultancy Limited was filed with the ROC on 31 Mar 2024.

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