Msl Driveline Systems Limited

Manufacturer of automotive components for various clients, including major automotive and machinery manufacturers.

1994 | Mumbai, Maharashtra (India) | Active
Last Updated: January 07, 2025

Msl Driveline Systems Profile

Key Indicators

  • Authorised Capital ₹ 17.00 Cr
  • Paid Up Capital ₹ 7.31 Cr
  • Company Age 30 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 160.00 Cr
  • Satisfied Charges ₹ 77.30 Cr
  • Revenue Growth 34.16%
  • Profit Growth 40.93%
  • Ebitda 36.25%
  • Net Worth 4.18%
  • Total Assets 18.22%

About Msl Driveline Systems

Msl Driveline Systems Limited (MDSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 30 September 1994 and has a history of 30 years and four months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Mahindra Sona 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 17.00 Cr and a paid-up capital of Rs 7.31 Cr.

The company currently has active open charges totaling ₹160.00 Cr. The company has closed loans amounting to ₹77.30 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Msl Driveline Systems Limited India is Mahendra Salunke as COMPANY SECRETARY. Manish Choksi, Rajesh Nagpal, Nikhilesh Panchal, and Six other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    msldriveline.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U30007MH1994PLC081637

  • Company No.

    081637

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    30 Sep 1994

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Automotive

What products or services does Msl Driveline Systems Limited offer?

Msl Driveline Systems Limited offers a wide range of products and services, including Automobile Fittings & Components, Automotive Shafts, Spindles, Industrial Gears, Gear Shafts, Drivetrain Components, Universal Joint Cross, Shaft Components, Automotive Spare Parts, Flange Yoke.

Who are the key members and board of directors at Msl Driveline Systems?

Executive Team (2)

NameDesignationAppointment DateStatus
Mahendra Salunke Country flag representing In Company Secretary04-Jul-2012Current
Gaurav Motwane Country flag representing In Managing Director01-Apr-2006Current

Board Members (7)

NameDesignationAppointment DateStatus
Manish Choksi Country flag representing In Director 12-Feb-2019Current
Kaval Mirchandani Country flag representing In Director 26-Oct-2021Current
Bhushan Patwardhan Country flag representing In Whole-Time Director 31-May-2023Current
Rajesh Nagpal Country flag representing In Director 13-Feb-2017Current
Nikhilesh Panchal Country flag representing In Director 13-Feb-2017Current
Satpal Khattar Country flag representing Sg Director 26-Oct-2005Current

Financial Performance of Msl Driveline Systems.

Msl Driveline Systems Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 34.16% increase. The company also saw a substantial improvement in profitability, with a 40.93% increase in profit. The company's net worth moved up by a moderate rise of 4.18%.

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
34.16%
Revenue from Operations
34.12%
Total Assets
18.22%
Profit or Loss
40.93%
Net Worth
4.18%
EBITDA
36.25%

What is the Ownership and Shareholding Structure of Msl Driveline Systems?

In 2022, Msl Driveline Systems had a promoter holding of 75.14% and a public holding of 24.87%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹160.00 Cr

Satisfied Charges

₹77.30 Cr

Charges Breakdown by Lending Institutions

  • Others : 110.00 Cr
  • Citi Bank N.A. : 50.00 Cr

Latest Charge Details

DateLenderAmountStatus
12 Nov 2024Others₹40.00 CrOpen
03 Jan 2019Citi Bank N.A.₹50.00 CrOpen
23 Oct 2013Others₹70.00 CrOpen
02 Jan 2022Citi Bank N.A.₹12.70 CrSatisfied
12 Feb 2016Icici Bank Limited₹30.00 CrSatisfied

How Many Employees Work at Msl Driveline Systems?

Msl Driveline Systems has a workforce of 711 employees as of Mar 29, 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 Msl Driveline Systems, 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 Msl Driveline Systems'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 Msl Driveline Systems

Recent activity within the organization

  • Charges

    A charge registered on 02 Jan 2022 via Charge ID 100527563 with Citi Bank N.A. was fully satisfied on 02 Dec 2024.

    02 Dec 2024

  • Charges

    A charge with Others amounted to Rs. 40.00 Cr with Charge ID 101007794 was registered on 12 Nov 2024.

    12 Nov 2024

  • Annual General Meeting

    Msl Driveline Systems Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Msl Driveline Systems Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with Others of Rs. 70.00 Cr registered on 23 Oct 2013 with Charge ID 10458974 was modified on 20 Aug 2023.

    20 Aug 2023

  • Director Appointment

    Bhushan Shridhar Patwardhan was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 31 May 2023 & has been associated with this company since 1 year 8 months .

    31 May 2023

Frequently asked questions

  • Msl Driveline Systems Limited was incorporated on 30 Sep 1994.

  • The authorized share capital of Msl Driveline Systems Limited is ₹ 17.00 Cr and paid-up capital is ₹ 7.31 Cr.

  • Currently 10 directors are associated with Msl Driveline Systems Limited.

    • Manish Mahendra Choksi
    • Rajesh Rajkumar Nagpal
    • Nikhilesh Natwarlal Panchal
    • Satpal Khattar
    • Gaurav Girdhar Motwane
    • Kaval Gulu Mirchandani
    • Superna Gaurav Motwane
    • Bhushan Shridhar Patwardhan
    • Mahendra Ganpat Salunke
  • As per Ministry of Corporate Affairs (Mca), the registered address of Msl Driveline Systems Limited is Unit No. 1506 15Th Floor One Bkc Bandra-Kurla Complex, Bandra (East) India, Mumbai, Maharashtra, 400051.

  • The corporate identification number (CIN) of Msl Driveline Systems Limited is U30007MH1994PLC081637 and the company number is 081637 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Msl Driveline Systems Limited is https://www.msldriveline.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Msl Driveline Systems Limited has risen by 34.16%.

  • As Per 2022 financial reports, 711 employees are currently employed by Msl Driveline Systems Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Msl Driveline Systems Limited has experienced an upsurge of 4.18%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Msl Driveline Systems Limited amount to ₹ 160.00 Cr.

  • The most recent Balance Sheet for Msl Driveline Systems Limited was filed with the ROC on 31 Mar 2024.

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