Mittal Batteries Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
- Paid Up Capital ₹ 2.64 Cr
- Company Age 17 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 40.02 Cr
- Satisfied Charges ₹ 25.91 Cr
- Revenue Growth -38.71%
- Profit Growth -78.55%
- Ebitda -109.21%
- Net Worth 1.84%
- Total Assets -63.44%
About Mittal Batteries
Mittal Batteries Private Limited (MBPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 28 September 2007 and has a history of 17 years and four months. Its registered office is in Hyderabad, Telangana, India.
The Company is engaged in the Consumer Electronics & Durables 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 3.00 Cr and a paid-up capital of Rs 2.64 Cr.
The company currently has active open charges totaling ₹40.02 Cr. The company has closed loans amounting to ₹25.91 Cr, as per Ministry of Corporate Affairs (MCA) records.
Dinesh Agarwal and Sanjay Mittal serve as directors at the Company.
Company Details
- Location
Hyderabad, Telangana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U74999TG2007PTC055721
- Company No.
055721
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
28 Sep 2007
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
What products or services does Mittal Batteries Private Limited offer?
Mittal Batteries Private Limited offers a wide range of products and services, including Batteries & Charge Storage Devices, Automotive Batteries, Industrial Batteries, Heavy Vehicle Battery, Electric Vehicle Battery, Batteries, Solar Batteries, Inverter Batteries.
Who are the key members and board of directors at Mittal Batteries?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Dinesh Agarwal  | Director | 30-Apr-2021 | Current |
| Sanjay Mittal | Director | 19-Nov-2018 | Current |
Financial Performance of Mittal Batteries.
Mittal Batteries Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 38.71% decrease. The company also saw a substantial fall in profitability, with a 78.55% decrease in profit. The company's net worth moved up by a moderate rise of 1.84%.
- Key Matrics
- Balance Sheet
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- Cash Flow
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What is the Ownership and Shareholding Structure of Mittal Batteries?
In 2023, Mittal Batteries had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Hyderabad Pigments Private LimitedSanjay Mittal is a mutual person
Galaxy Pigments Private LimitedDinesh Agarwal is a mutual person
Hillrise Projects LlpDinesh Agarwal is a mutual person
- Zunax Energy Products Llp
Dinesh Agarwal and Sanjay Mittal are mutual person
Charges (Loans)
₹40.02 Cr
₹25.91 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 40.02 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Aug 2023 | Axis Bank Limited | ₹0.20 M | Open |
| 27 May 2022 | Axis Bank Limited | ₹40.00 Cr | Open |
| 23 Oct 2020 | Others | ₹1.54 M | Satisfied |
| 23 Sep 2020 | Axis Bank Limited | ₹15.92 Cr | Satisfied |
| 31 Aug 2018 | Yes Bank Limited | ₹5.00 Cr | Satisfied |
How Many Employees Work at Mittal Batteries?
Mittal Batteries has a workforce of 2 employees as of Mar 22, 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 Batteries, 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 Batteries'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.
