Mitcon Consultancy & Engineering Services Limited

Provides consultancy and engineering services to power, energy, infrastructure, and BFSI sectors with ISO certification.

1982 | Pune, Maharashtra (India) | Active
Last Updated: December 04, 2024

Mitcon Consultancy & Engineering Services Profile

Key Indicators

  • Authorised Capital ₹ 25.00 Cr
  • Paid Up Capital ₹ 14.50 Cr
  • Company Age 42 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 70.65 Cr
  • Satisfied Charges ₹ 180.33 Cr
  • Revenue Growth 127.68%
  • Profit Growth 203.46%
  • Ebitda 230.32%
  • Net Worth 2.75%
  • Total Assets 12.59%

About Mitcon Consultancy & Engineering Services

Mitcon Consultancy & Engineering Services Limited (MCESL) is a leading Public Limited Indian Non-Government Company incorporated in India on 16 April 1982 and has a history of 42 years and nine months. Its registered office is in Pune, Maharashtra, India.

It is listed on the National Stock Exchange(NSE) under the ticker symbol MITCON.

The Corporate was formerly known as Maharashtra Industrial And Technical Consultancy Organisation Limited. The Company is engaged in the Business Outsourcing 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 25.00 Cr and a paid-up capital of Rs 14.50 Cr.

The company currently has active open charges totaling ₹70.65 Cr. The company has closed loans amounting to ₹180.33 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Mitcon Consultancy & Engineering Services Limited India are Ram Mapari as CFO and Ankita Agarwal as Company Secretary. Ajay Agarwal, Anand Chalwade, Archana Lakhe, and Five other members serve as directors at the Company.

Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L74140PN1982PLC026933

  • Company No.

    026933

  • Stock Symbol

    NSE : MITCON

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    16 Apr 1982

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Pune

Industry

Business Outsourcing

What products or services does Mitcon Consultancy & Engineering Services Limited offer?

Mitcon Consultancy & Engineering Services Limited offers a wide range of products and services, including Environment Protection & Auditing, Energy Conservation, Home Decor Fabric, Home Decor & Furnishing Fabrics, Turnkey Consultants & Solutions, Project Feasibility Studies, Building Survey & Soil Investigation, Geotechnical Engineering, Architectural & Civil Engineering, Engineering Consultant Service.

Who are the key members and board of directors at Mitcon Consultancy & Engineering Services?

Executive Team (3)

NameDesignationAppointment DateStatus
Anand Chalwade Country flag representing In Managing Director19-Sep-2018Current
Ram Mapari Country flag representing In CFO30-May-2014Current
Ankita Agarwal Country flag representing In Company Secretary19-Sep-2018Current

Board Members (7)

NameDesignationAppointment DateStatus
Sudarshan Mohatta Country flag representing In Director 26-May-2022Current
Sanjay Phadke Country flag representing In Director 19-Sep-2018Current
Ajay Agarwal Country flag representing In Director 19-Sep-2018Current
Archana Lakhe Country flag representing In Director 05-Feb-2015Current
Sharada Sunder Country flag representing In Director 23-Aug-2024Current
Chaitanya Chinthapalli Country flag representing In Director 20-Oct-2021Current

Financial Performance of Mitcon Consultancy & Engineering Services.

Mitcon Consultancy & Engineering Services Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 127.68% increase. The company also saw a substantial improvement in profitability, with a 203.46% increase in profit. The company's net worth moved up by a moderate rise of 2.75%.

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
127.68%
Revenue from Operations
143.86%
Total Assets
12.59%
Profit or Loss
203.46%
Net Worth
2.75%
EBITDA
230.32%

What is the Ownership and Shareholding Structure of Mitcon Consultancy & Engineering Services?

In 2023, Mitcon Consultancy & Engineering Services had a public holding of 100.00%. The company had 15 Subsidiaries, 1 Joint Venture 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

₹70.65 Cr

Satisfied Charges

₹180.33 Cr

Charges Breakdown by Lending Institutions

  • Others : 44.64 Cr
  • Hdfc Bank Limited : 26.01 Cr

Latest Charge Details

DateLenderAmountStatus
06 Jul 2024Others₹4.00 CrOpen
30 Mar 2024Others₹4.80 CrOpen
03 Jan 2023Hdfc Bank Limited₹2.77 MOpen
16 Nov 2022Others₹5.50 CrOpen
20 May 2021Others₹22.00 CrOpen

How Many Employees Work at Mitcon Consultancy & Engineering Services?

Mitcon Consultancy & Engineering Services has a workforce of 193 employees as of Apr 06, 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 Mitcon Consultancy & Engineering Services, 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 Mitcon Consultancy & Engineering Services'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 Mitcon Consultancy & Engineering Services

Recent activity within the organization

  • Annual General Meeting

    Mitcon Consultancy & Engineering Services Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

    27 Sep 2024

  • Director Appointment

    Sharada Sunder was appointed as a Director was appointed as a Director on 23 Aug 2024 & has been associated with this company since 5 months 9 days .

    23 Aug 2024

  • Director Appointment

    Promila Aggarwal was appointed as a Director was appointed as a Director on 23 Aug 2024 & has been associated with this company since 5 months 9 days .

    23 Aug 2024

  • Charges

    A charge with Others amounted to Rs. 4.00 Cr with Charge ID 100950998 was registered on 06 Jul 2024.

    06 Jul 2024

  • Balance Sheet

    Mitcon Consultancy & Engineering Services Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 4.80 Cr with Charge ID 100946100 was registered on 30 Mar 2024.

    30 Mar 2024

Frequently asked questions

  • Mitcon Consultancy & Engineering Services Limited was incorporated on 16 Apr 1982.

  • The authorized share capital of Mitcon Consultancy & Engineering Services Limited is ₹ 25.00 Cr and paid-up capital is ₹ 14.50 Cr.

  • Currently 10 directors are associated with Mitcon Consultancy & Engineering Services Limited.

    • Ajay Arjunlal Agarwal
    • Anand Suryakant Chalwade
    • Archana Girish Lakhe
    • Sanjay Ballal Phadke
    • Sharada Sunder
    • Sudarshan Mohatta
    • Chaitanya Gayatri Chinthapalli
    • Promila Aggarwal
    • Ram Dhondiba Mapari
    • Ankita Agarwal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mitcon Consultancy & Engineering Services Limited is Kubera Chambers, Shivaji Nagar India, Pune, Maharashtra, 411005.

  • The corporate identification number (CIN) of Mitcon Consultancy & Engineering Services Limited is L74140PN1982PLC026933 and the company number is 026933 as per Ministry of Corporate Affairs (MCA).

  • Yes, Mitcon Consultancy & Engineering Services Limited is registered on National Stock Exchange (NSE).

  • The Official website of Mitcon Consultancy & Engineering Services Limited is https://www.mitconindia.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Mitcon Consultancy & Engineering Services Limited has risen by 127.68%.

  • As Per 2022 financial reports, 193 employees are currently employed by Mitcon Consultancy & Engineering Services Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Mitcon Consultancy & Engineering Services Limited has experienced an upsurge of 2.75%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Mitcon Consultancy & Engineering Services Limited amount to ₹ 70.65 Cr.

  • The most recent Balance Sheet for Mitcon Consultancy & Engineering Services Limited was filed with the ROC on 31 Mar 2024.

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