Motherson Technology Services Profile
Key Indicators
- Authorised Capital ₹ 142.00 Cr
- Paid Up Capital ₹ 111.65 Cr
- Company Age 39 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 127.00 Cr
- Satisfied Charges ₹ 45.00 Cr
- Revenue Growth 25.51%
- Profit Growth -564.48%
- Ebitda -168.45%
- Net Worth -46.04%
- Total Assets 22.60%
About Motherson Technology Services
Motherson Technology Services Limited (MTSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 15 April 1985 and has a history of 39 years and ten months. Its registered office is in South Delhi, Delhi, India.
The Corporate was formerly known as Best Financiers Ltd. The Company is engaged in the Information Technology 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 142.00 Cr and a paid-up capital of Rs 111.65 Cr.
The company currently has active open charges totaling ₹127.00 Cr. The company has closed loans amounting to ₹45.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Motherson Technology Services Limited India are Ashish Bhagat as CFO and Surbhi Kapoor as Company Secretary. Laksh Sehgal, Bimal Dhar, Sanjay Kalia, and Four other members serve as directors at the Company.
Company Details
- Location
South Delhi, Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U67120DL1985PLC020695
- Company No.
020695
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
15 Apr 1985
- Date of AGM
28 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Information Technology
Trading
What products or services does Motherson Technology Services Limited offer?
Motherson Technology Services Limited offers a wide range of products and services, including Tax Planners, Agents & Consultants, Indirect Tax Service, Marine Food Supplies, Fresh Fish, Data Entry & Data Processing Service, Database Management, Industrial & Engineering Goods, Industrial Engineering Components, Software Development & IT Consultant, ERP Solutions.
Who are the key members and board of directors at Motherson Technology Services?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ashish Bhagat | CFO | 15-Apr-2023 | Current |
Surbhi Kapoor  | Company Secretary | 15-Apr-2023 | Current |
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Laksh Sehgal  | Director | 24-Apr-2019 | Current |
| Bimal Dhar | Director | 30-Jan-2001 | Current |
| Sanjay Kalia | Director | 09-Feb-2016 | Current |
Shunichiro Nishimura  | Director | 23-May-2018 | Current |
| Lata Unnikrishnan | Director | 10-Feb-2020 | Current |
| Ravi Mathur | Additional Director | 12-Jun-2024 | Current |
Financial Performance of Motherson Technology Services.
Motherson Technology Services Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 25.51% increase. The company also saw a substantial fall in profitability, with a 564.48% decrease in profit. The company's net worth observed a substantial decline by a decrease of 46.04%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Motherson Technology Services?
In 2022, Motherson Technology Services had a promoter holding of 98.95% and a public holding of 1.05%. The company had 3 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Yachiyo India Manufacturing Private LimitedLata Unnikrishnan is a mutual person
Smrc Automotive Products India LimitedSanjay Kalia is a mutual person
Spirited Auto Cars (I) LimitedRavi Mathur is a mutual person
Cim Tools Private LimitedLaksh Sehgal and Lata Unnikrishnan are mutual person
Motherson Techno Tools LimitedSanjay Kalia is a mutual person
Charges (Loans)
Open Charges
₹127.00 Cr
Satisfied Charges
₹45.00 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 75.00 Cr
- Hdfc Bank Limited : 20.00 Cr
- State Bank Of India : 17.00 Cr
- Others : 15.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Dec 2022 | Others | ₹15.00 Cr | Open |
| 13 Mar 2020 | Axis Bank Limited | ₹75.00 Cr | Open |
| 11 Jul 2019 | Hdfc Bank Limited | ₹20.00 Cr | Open |
| 07 Mar 2001 | State Bank Of India | ₹17.00 Cr | Open |
| 18 Nov 2021 | Others | ₹45.00 Cr | Satisfied |
How Many Employees Work at Motherson Technology Services?
Motherson Technology Services has a workforce of 2300 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 Motherson Technology 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 Motherson Technology Services'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.
Latest Updates, News, and FAQs on Motherson Technology Services
Recent activity within the organization
- Director Appointment
Ravi Mathur was appointed as a Additional Director was appointed as a Additional Director on 12 Jun 2024 & has been associated with this company since 8 months 21 days .
- Charges
A charge registered on 18 Nov 2021 via Charge ID 100509202 with Others was fully satisfied on 30 Mar 2024.
- Charges
A charge with Hdfc Bank Limited of Rs. 20.00 Cr registered on 11 Jul 2019 with Charge ID 100278518 was modified on 30 Dec 2023.
- Annual General Meeting
Motherson Technology Services Limited last Annual general meeting of members was held on 28 Sep 2023 as per latest MCA records.
- Director Appointment
Isao Asai was appointed as a Director was appointed as a Director on 31 Aug 2023 & has been associated with this company since 1 year 6 months .
- Balance Sheet
Motherson Technology Services Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.
Recent News, Updates & Announcement
- Sahara Raises $6 Million Seed Round to Democratize Global Knowledge Capital Access Through AI and Blockchain Technologies, Led by Polychain Capital.
Sahara Raises $6 Million Seed Round to Democratize Global Knowledge Capital Access Through AI and Blockchain Technologies, Led by Polychain Capital Sahara Raises $6 Million Seed Round to Democratize Global Knowledge Capital Access Through AI and Blockchain Technologies, Led by Polychain Capital.
Frequently asked questions
What is the Incorporation or founding date of Motherson Technology Services Limited?
Motherson Technology Services Limited was incorporated on 15 Apr 1985.
What is authorized share capital and paid-up capital of Motherson Technology Services Limited?
The authorized share capital of Motherson Technology Services Limited is ₹ 142.00 Cr and paid-up capital is ₹ 111.65 Cr.
Who are the current board members & directors of Motherson Technology Services Limited?
Currently 9 directors are associated with Motherson Technology Services Limited.
- Laksh Vaaman Sehgal
- Bimal Dhar
- Sanjay Kalia
- Shunichiro Nishimura
- Lata Unnikrishnan
- Ravi Mathur
- Isao Asai
- Ashish Bhagat
- Surbhi Kapoor
What is the registered address of Motherson Technology Services Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Motherson Technology Services Limited is 2Nd Floor F-7 Block B-1, Mohan Cooperative Industrial Estate India, Mathura Road, Delhi, 110044.
What is the corporate identification number (CIN) and company number of Motherson Technology Services Limited?
The corporate identification number (CIN) of Motherson Technology Services Limited is U67120DL1985PLC020695 and the company number is 020695 as per Ministry of Corporate Affairs (MCA).
What is the official website of Motherson Technology Services Limited?
The Official website of Motherson Technology Services Limited is https://www.motherson.com
What has been the recent revenue trend for Motherson Technology Services Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Motherson Technology Services Limited has risen by 25.51%.
How many employees does Motherson Technology Services Limited currently have?
As Per 2022 financial reports, 2300 employees are currently employed by Motherson Technology Services Limited.
What change has been observed in the net worth of Motherson Technology Services Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Motherson Technology Services Limited has experienced an downturn of -46.04%.
What are the total open charges for Motherson Technology Services Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Motherson Technology Services Limited amount to ₹ 127.00 Cr.
When was the last Balance Sheet of Motherson Technology Services Limited filed with the ROC?
The most recent Balance Sheet for Motherson Technology Services Limited was filed with the ROC on 31 Mar 2023.
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