Motion Drivetronics Private Limited logo

Motion Drivetronics Private Limited

Manufacturer and exporter of motors, gear boxes, and controllers for various industries worldwide.
2005 | Navi Mumbai, Maharashtra (India) | Active

Last Updated:

June 16, 2024
HomeCompanyMotion Drivetronics Private Limited

Who are the key members and board of directors at Motion Drivetronics?

Board Members(2)

NameDesignationAppointment DateStatus
Tarak Bhagat In Whole-Time Director 08-Aug-2005Current
Pranav Javeri In Whole-Time Director 08-Aug-2005Current

Financial Performance of Motion Drivetronics.

Motion Drivetronics Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 0.45% decrease. The company also saw a slight decrease in profitability, with a 2.37% decrease in profit. The company's net worth Soared by an impressive increase of 18.18%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-0.45%
Revenue from Operations
-0.46%
Total Assets
4.11%
Profit or Loss
-2.37%
Net Worth
18.18%
EBITDA
13.70%

Charges (Loans)

Open Charges

₹502.53 M

LenderAmountStatus

Hdfc Bank Limited

Creation Date: 28 Dec 2022
₹2.53 MOpen

Hdfc Bank Limited

Creation Date: 06 Jul 2018
₹16.00 CrOpen

Hdfc Bank Limited

Creation Date: 28 Feb 2015
₹18.00 CrOpen

How Many Employees Work at Motion Drivetronics?

Motion Drivetronics has a workforce of 125 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.

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Latest Updates, News, and FAQs on Motion Drivetronics

Recent activity within the organization

  • Annual General Meeting

    Motion Drivetronics Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Motion Drivetronics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 2.53 M with Charge ID 100726311 was registered on 28 Dec 2022.

    28 Dec 2022

  • Charges

    A charge with Hdfc Bank Limited of Rs. 160.00 M registered on 06 Jul 2018 with Charge ID 100201778 was modified on 19 Nov 2022.

    19 Nov 2022

  • Charges

    A charge with Hdfc Bank Limited of Rs. 160.00 M registered on 11 Jun 2011 with Charge ID 10298851 was modified on 30 Jun 2022.

    30 Jun 2022

  • Charges

    A charge with Hdfc Bank Limited of Rs. 180.00 M registered on 28 Feb 2015 with Charge ID 10552787 was modified on 12 May 2022.

    12 May 2022

Frequently asked questions

  • Motion Drivetronics Private Limited was incorporated on 08 Aug 2005.

  • The authorized share capital of Motion Drivetronics Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.50 M.

  • Currently 2 directors are associated with Motion Drivetronics Private Limited.

    • Tarak Narendra Bhagat
    • Pranav Pramod Javeri
  • As per Ministry of Corporate Affairs (Mca), the registered address of Motion Drivetronics Private Limited is El - 108 Electronic Zone Mahape Midc Ttc Industrial Area, Navi Mumbai, Maharashtra, India, 400709.

  • The corporate identification number (CIN) of Motion Drivetronics Private Limited is U31909MH2005PTC155194 and the company number is 155194 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Motion Drivetronics Private Limited is https://www.mechtex.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Motion Drivetronics Private Limited has fallen by -0.45%.

  • As Per 2023 financial reports, 125 employees are currently employed by Motion Drivetronics Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Motion Drivetronics Private Limited has experienced an upsurge of 18.18%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Motion Drivetronics Private Limited amount to ₹ 50.25 Cr.

  • The most recent Balance Sheet for Motion Drivetronics Private Limited was filed with the ROC on 31 Mar 2023.

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