Mrl Tyres Limited

Manufacturer and exporter of off-highway, tractor, industrial, and commercial vehicle tires.

1978 | Delhi (India) | Active
Last Updated:

Mrl Tyres Profile

Key Indicators

  • Authorised Capital ₹ 9.90 Cr
  • Paid Up Capital ₹ 8.87 Cr
  • Company Age 46 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 417.21 Cr
  • Satisfied Charges ₹ 347.20 Cr
  • Revenue Growth 39.94%
  • Profit Growth 41.65%
  • Ebitda 22.48%
  • Net Worth 28.11%
  • Total Assets 14.27%

About Mrl Tyres

Mrl Tyres Limited (MTL) is a leading Public Limited Indian Non-Government Company incorporated in India on 15 July 1978 and has a history of 46 years and seven months. Its registered office is in Delhi, India.

The Corporate was formerly known as Malhotra Rubbers Private Limited. The Company is engaged in the Automotive Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 9.90 Cr and a paid-up capital of Rs 8.87 Cr.

The company currently has active open charges totaling ₹417.21 Cr. The company has closed loans amounting to ₹347.20 Cr, as per Ministry of Corporate Affairs (MCA) records.

Monit Malhotra, Gopal Krishan, Raghav Malhotra, and Four other members serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    mrltires.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74899DL1978PLC009127

  • Company No.

    009127

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    15 Jul 1978

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Automotive

Who are the key members and board of directors at Mrl Tyres?

Executive Team (1)

NameDesignationAppointment DateStatus
Gopal Krishan Country flag representing In Managing Director15-Jul-1978Current

Board Members (6)

NameDesignationAppointment DateStatus
Raghav Malhotra Country flag representing In Whole-Time Director 11-Jun-2007Current
Monit Malhotra Country flag representing In Whole-Time Director 08-Aug-2005Current
Hunar Arora Country flag representing In Director 28-Mar-2015Current
Amit Madaan Country flag representing In Director 15-Feb-2020Current
Munish Arora Country flag representing In Director 02-Jun-2017Current
Ritu Malhotra Country flag representing In Director 15-Feb-2020Current

Financial Performance of Mrl Tyres.

Mrl Tyres Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 39.94% increase. The company also saw a substantial improvement in profitability, with a 41.65% increase in profit. The company's net worth Soared by an impressive increase of 28.11%.

Mrl Tyres revenue growth over time
Mrl Tyres 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
39.94%
Revenue from Operations
39.64%
Total Assets
14.27%
Profit or Loss
41.65%
Net Worth
28.11%
EBITDA
22.48%

What is the Ownership and Shareholding Structure of Mrl Tyres?

In 2022, Mrl Tyres had a promoter holding of 74.80% and a public holding of 25.21%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹417.21 Cr

Satisfied Charges

₹347.20 Cr

Charges Breakdown by Lending Institutions

  • Yes Bank Limited : 143.00 Cr
  • Axis Bank Limited : 140.40 Cr
  • Others : 132.17 Cr
  • Hdfc Bank Limited : 1.64 Cr

Latest Charge Details

DateLenderAmountStatus
30 Aug 2024Others₹122.50 CrOpen
02 Mar 2024Others₹1.00 CrOpen
29 Jan 2024Others₹0.74 MOpen
25 Jan 2024Others₹3.50 MOpen
25 Jan 2024Others₹3.50 MOpen

How Many Employees Work at Mrl Tyres?

Mrl Tyres has a workforce of 809 employees as of Apr 05, 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.

Employee growth trends for Mrl Tyres Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mrl Tyres, 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 Mrl Tyres'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 Mrl Tyres

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 122.50 Cr registered on 30 Aug 2024 with Charge ID 100973584 was modified on 23 Dec 2024.

  • Charges

    A charge with Axis Bank Limited of Rs. 139.50 Cr registered on 19 Dec 2023 with Charge ID 100843889 was modified on 23 Dec 2024.

  • Charges

    A charge with Yes Bank Limited of Rs. 103.00 Cr registered on 07 Dec 2023 with Charge ID 100826036 was modified on 23 Dec 2024.

  • Charges

    A charge with Yes Bank Limited of Rs. 20.00 Cr registered on 16 Sep 2022 with Charge ID 100614335 was modified on 23 Dec 2024.

  • Charges

    A charge registered on 12 Oct 2021 via Charge ID 100492698 with Others was fully satisfied on 12 Dec 2024.

  • Charges

    A charge registered on 29 Oct 2021 via Charge ID 100500690 with Others was fully satisfied on 20 Nov 2024.

Frequently asked questions

  • What is the Incorporation or founding date of Mrl Tyres Limited?

    Mrl Tyres Limited was incorporated on 15 Jul 1978.

  • What is authorized share capital and paid-up capital of Mrl Tyres Limited?

    The authorized share capital of Mrl Tyres Limited is ₹ 9.90 Cr and paid-up capital is ₹ 8.87 Cr.

  • Who are the current board members & directors of Mrl Tyres Limited?

    Currently 7 directors are associated with Mrl Tyres Limited.

    • Monit Malhotra
    • Gopal Malhotra Krishan
    • Raghav Malhotra
    • Hunar Arora
    • Amit Madaan
    • Munish Arora
    • Ritu Malhotra

  • What is the registered address of Mrl Tyres Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Mrl Tyres Limited is 70/50A 1St Floor Rama Road Industrial Area, Najafgargh Road India, New Delhi, 110015.

  • What is the corporate identification number (CIN) and company number of Mrl Tyres Limited?

    The corporate identification number (CIN) of Mrl Tyres Limited is U74899DL1978PLC009127 and the company number is 009127 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Mrl Tyres Limited?

    The Official website of Mrl Tyres Limited is https://www.mrltires.com

  • What has been the recent revenue trend for Mrl Tyres Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Mrl Tyres Limited has risen by 39.94%.

  • How many employees does Mrl Tyres Limited currently have?

    As Per 2022 financial reports, 809 employees are currently employed by Mrl Tyres Limited.

  • What change has been observed in the net worth of Mrl Tyres Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Mrl Tyres Limited has experienced an upsurge of 28.11%.

  • What are the total open charges for Mrl Tyres Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Mrl Tyres Limited amount to ₹ 417.21 Cr.

  • When was the last Balance Sheet of Mrl Tyres Limited filed with the ROC?

    The most recent Balance Sheet for Mrl Tyres Limited was filed with the ROC on 31 Mar 2024.

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