Motherson Technology Services Limited

IT company specializing in automotive sector, providing ADM, ERP, and automation services.

1985 | South Delhi, Delhi (India) | Active
Last Updated: June 25, 2024

Motherson Technology Services Profile

Key Indicators

  • Authorised Capital ₹ 142.00 Cr
  • Paid Up Capital ₹ 111.65 Cr
  • Company Age 39 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 172.00 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 nine 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 ₹172.00 Cr.

The Key Managerial Personnel (KMP) at Motherson Technology Services Limited India are Ashish Bhagat as CFO and Surbhi Kapoor as Company Secretary. Laksh Sehgal, Arjun Puri, Bimal Dhar, and Four other members serve as directors at the Company.

Company Details

  • Location

    South Delhi, Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • 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

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)

NameDesignationAppointment DateStatus
Ashish Bhagat CFO15-Apr-2023Current
Surbhi Kapoor Country flag representing In Company Secretary15-Apr-2023Current

Board Members (7)

NameDesignationAppointment DateStatus
Laksh Sehgal Country flag representing Au Director 24-Apr-2019Current
Arjun Puri Country flag representing In Director 28-Jan-2006Current
Bimal Dhar Country flag representing Au Director 30-Jan-2001Current
Sanjay Kalia Country flag representing In Director 09-Feb-2016Current
Shunichiro Nishimura Country flag representing Jp Director 23-May-2018Current
Lata Unnikrishnan Country flag representing In Director 10-Feb-2020Current

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%.

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
25.51%
Revenue from Operations
25.51%
Total Assets
22.60%
Profit or Loss
-564.48%
Net Worth
-46.04%
EBITDA
-168.45%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹172.00 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 75.00 Cr
  • Others : 60.00 Cr
  • Hdfc Bank Limited : 20.00 Cr
  • State Bank Of India : 17.00 Cr

Latest Charge Details

DateLenderAmountStatus
26 Dec 2022Others₹15.00 CrOpen
18 Nov 2021Others₹45.00 CrOpen
13 Mar 2020Axis Bank Limited₹75.00 CrOpen
11 Jul 2019Hdfc Bank Limited₹20.00 CrOpen
07 Mar 2001State Bank Of India₹17.00 CrOpen

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 Motherson Technology Services

Recent activity within the organization

  • Annual General Meeting

    Motherson Technology Services Limited last Annual general meeting of members was held on 28 Sep 2023 as per latest MCA records.

    28 Sep 2023

  • 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 5 months .

    31 Aug 2023

  • Balance Sheet

    Motherson Technology Services Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

  • Charges

    A charge with State Bank Of India of Rs. 17.00 Cr registered on 07 Mar 2001 with Charge ID 90036408 was modified on 23 Mar 2023.

    23 Mar 2023

  • Charges

    A charge with Axis Bank Limited of Rs. 75.00 Cr registered on 13 Mar 2020 with Charge ID 100347642 was modified on 17 Mar 2023.

    17 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 15.00 Cr with Charge ID 100667585 was registered on 26 Dec 2022.

    26 Dec 2022

Recent News, Updates & Announcement

Frequently asked questions

  • Motherson Technology Services Limited was incorporated on 15 Apr 1985.

  • The authorized share capital of Motherson Technology Services Limited is ₹ 142.00 Cr and paid-up capital is ₹ 111.65 Cr.

  • Currently 9 directors are associated with Motherson Technology Services Limited.

    • Laksh Vaaman Sehgal
    • Arjun Puri
    • Bimal Dhar
    • Sanjay Kalia
    • Shunichiro Nishimura
    • Lata Unnikrishnan
    • Isao Asai
    • Ashish Bhagat
    • Surbhi Kapoor
  • 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, Mathura Road, Delhi, India, 110044.

  • 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).

  • The Official website of Motherson Technology Services Limited is https://www.motherson.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Motherson Technology Services Limited has risen by 25.51%.

  • As Per 2022 financial reports, 2300 employees are currently employed by Motherson Technology Services Limited.

  • 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%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Motherson Technology Services Limited amount to ₹ 172.00 Cr.

  • The most recent Balance Sheet for Motherson Technology Services Limited was filed with the ROC on 31 Mar 2023.

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