Mittal Appliances Profile
Key Indicators
- Authorised Capital ₹ 17.00 Cr
- Paid Up Capital ₹ 3.50 Cr
- Company Age 40 Year, 11 Days
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 485.00 Cr
- Satisfied Charges ₹ 357.79 Cr
- Revenue Growth 22.04%
- Profit Growth -4.22%
- Ebitda -35.84%
- Net Worth 9.47%
- Total Assets 45.42%
About Mittal Appliances
Mittal Appliances Limited (MAL) is a leading Public Limited Indian Non-Government Company incorporated in India on 19 January 1985 and has a history of 40 years. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Mittal Appliances Private Limited. The Company is engaged in the Energy And Environment 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 17.00 Cr and a paid-up capital of Rs 3.50 Cr.
The company currently has active open charges totaling ₹485.00 Cr. The company has closed loans amounting to ₹357.79 Cr, as per Ministry of Corporate Affairs (MCA) records.
Harsh Maheshwary, Dinesh Mittal, Anil Sharma, and Two other members serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U28122MH1985PLC174619
- Company No.
174619
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
19 Jan 1985
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
What products or services does Mittal Appliances Limited offer?
Mittal Appliances Limited offers a wide range of products and services, including Gold Bullion, Gold Coins, Silver Jewelry & Ornaments, Silver Bullion, Metal & Metal Made Products, Metal Sheets, Steel and Stainless Steel Coils, Alloy Coil.
Who are the key members and board of directors at Mittal Appliances?
Executive Team (1)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Dinesh Mittal | Managing Director | 01-Aug-1990 | Current |
Board Members (4)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Neha Sharma | Director | 20-May-2022 | Current |
Anshul Mittal | Whole-Time Director | 01-Oct-2009 | Current |
Harsh Maheshwary | Director | 10-Mar-2005 | Current |
Anil Sharma | Director | 09-Feb-2007 | Current |
Financial Performance of Mittal Appliances.
Mittal Appliances Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 22.04% increase. The company also saw a slight decrease in profitability, with a 4.22% decrease in profit. The company's net worth moved up by a moderate rise of 9.47%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Mittal Appliances?
In 2021, Mittal Appliances had a promoter holding of 18.03% and a public holding of 81.97%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹485.00 Cr
₹357.79 Cr
Charges Breakdown by Lending Institutions
- Uco Bank : 485.00 Cr
Latest Charge Details
Date | Lender | Amount | Status |
---|---|---|---|
25 Apr 2011 | Uco Bank | ₹485.00 Cr | Open |
27 Dec 2019 | Uco Bank | ₹1.50 M | Satisfied |
07 Sep 2019 | Uco Bank | ₹1.40 M | Satisfied |
29 Jun 2019 | Axis Bank Limited | ₹1.33 M | Satisfied |
25 Apr 2019 | Axis Bank Limited | ₹4.43 M | Satisfied |
How Many Employees Work at Mittal Appliances?
Mittal Appliances has a workforce of 177 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Mittal Appliances, 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 Mittal Appliances's trajectory.
Rating
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
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.