Mutual Automotive Private Limited

Produces plastic auto components for vehicles, offers custom molding services in India.

2012 | Thane, Maharashtra (India) | Active
Last Updated: December 29, 2024

Mutual Automotive Profile

Key Indicators

  • Authorised Capital ₹ 40.01 Cr
  • Paid Up Capital ₹ 20.35 Cr
  • Company Age 12 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 270.15 Cr
  • Satisfied Charges ₹ 120.00 Cr
  • Revenue Growth -3.78%
  • Profit Growth -6.58%
  • Ebitda 13.63%
  • Net Worth -50.31%
  • Total Assets -24.61%

About Mutual Automotive

Mutual Automotive Private Limited (MAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 04 September 2012 and has a history of 12 years and five months. Its registered office is in Thane, Maharashtra, India.

The Corporate was formerly known as Mutual Exterior Systems 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 40.01 Cr and a paid-up capital of Rs 20.35 Cr.

The company currently has active open charges totaling ₹270.15 Cr. The company has closed loans amounting to ₹120.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Mutual Automotive Private Limited India is Palak Mehta as COMPANY SECRETARY. Dharmendra Gandhi, Drumil Gandhi, Uchit Gandhi, and One other member serve as directors at the Company.

Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U25203MH2012PTC235302

  • Company No.

    235302

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Sep 2012

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Automotive

Who are the key members and board of directors at Mutual Automotive?

Executive Team (1)

Name Designation Appointment Date Status
Palak Mehta Company Secretary 12-Aug-2022 Current

Board Members (4)

Name Designation Appointment Date Status
Uchit Gandhi Country flag representing In Director 08-Aug-2019 Current
Dharmendra Gandhi Country flag representing In Director 04-Sep-2012 Current
Drumil Gandhi Country flag representing In Director 28-Aug-2017 Current
Hemit Gandhi Country flag representing In Director 08-Aug-2019 Current

Financial Performance of Mutual Automotive.

Mutual Automotive Private Limited, for the financial year ended 2024, experienced Minor drop in revenue, with a 3.78% decrease. The company also saw a slight decrease in profitability, with a 6.58% decrease in profit. The company's net worth observed a substantial decline by a decrease of 50.31%.

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
-3.78%
Revenue from Operations
-0.10%
Total Assets
-24.61%
Profit or Loss
-6.58%
Net Worth
-50.31%
EBITDA
13.63%

What is the Ownership and Shareholding Structure of Mutual Automotive?

In 2023, Mutual Automotive had a promoter holding of 42.35% and a public holding of 57.65%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹270.15 Cr

Satisfied Charges

₹120.00 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 133.44 Cr
  • Others : 118.71 Cr
  • Standard Chartered Bank : 18.00 Cr

Latest Charge Details

Date Lender Amount Status
02 Sep 2024 Hdfc Bank Limited ₹12.00 Cr Open
09 Feb 2024 Hdfc Bank Limited ₹0.81 M Open
02 May 2023 Hdfc Bank Limited ₹1.11 M Open
20 Apr 2023 Hdfc Bank Limited ₹1.11 M Open
17 Apr 2023 Hdfc Bank Limited ₹0.80 M Open

How Many Employees Work at Mutual Automotive?

Mutual Automotive has a workforce of 907 employees as of Nov 07, 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 Mutual Automotive, 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 Mutual Automotive'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 Mutual Automotive

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited of Rs. 12.00 Cr registered on 02 Sep 2024 with Charge ID 100979537 was modified on 17 Oct 2024.

    17 Oct 2024

  • Annual General Meeting

    Mutual Automotive Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge registered on 04 Nov 2019 via Charge ID 100299616 with Others was fully satisfied on 09 Sep 2024.

    09 Sep 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 12.00 Cr with Charge ID 100979537 was registered on 02 Sep 2024.

    02 Sep 2024

  • Balance Sheet

    Mutual Automotive Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.08 Cr with Charge ID 100906677 was registered on 09 Feb 2024.

    09 Feb 2024

Frequently asked questions

  • Mutual Automotive Private Limited was incorporated on 04 Sep 2012.

  • The authorized share capital of Mutual Automotive Private Limited is ₹ 40.01 Cr and paid-up capital is ₹ 20.35 Cr.

  • Currently 5 directors are associated with Mutual Automotive Private Limited.

    • Dharmendra Kantilal Gandhi
    • Drumil Jayantilal Gandhi
    • Uchit Dharmendra Gandhi
    • Hemit Dharmendra Gandhi
    • Palak Amit Mehta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mutual Automotive Private Limited is 9 Ehara Industrial Complex Village Waliv, Vasai (E) India, Thane, Maharashtra, 401208.

  • The corporate identification number (CIN) of Mutual Automotive Private Limited is U25203MH2012PTC235302 and the company number is 235302 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Mutual Automotive Private Limited is https://www.mutualautomotive.in

  • According to the financial reports for the fiscal year 2024, the revenue trend for Mutual Automotive Private Limited has fallen by -3.78%.

  • As Per 2024 financial reports, 907 employees are currently employed by Mutual Automotive Private Limited.

  • The financial reports for the fiscal year 2024 indicates that The net worth of Mutual Automotive Private Limited has experienced an downturn of -50.31%.

  • As per the financial statements for fiscal Year 2024, The total open charges for Mutual Automotive Private Limited amount to ₹ 270.15 Cr.

  • The most recent Balance Sheet for Mutual Automotive Private Limited was filed with the ROC on 31 Mar 2024.

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