Mutual Engineering Private Limited

Designing, manufacturing, and supplying toolings for plastic processing with ISO 9001:2015 certification.

2007 | Thane, Maharashtra (India) | Active
Last Updated:

Mutual Engineering Profile

Key Indicators

  • Authorised Capital ₹ 26.78 Cr
  • Paid Up Capital ₹ 22.90 Cr
  • Company Age 17 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 51.89 Cr
  • Satisfied Charges ₹ 40.97 Cr
  • Revenue Growth 26.66%
  • Profit Growth -57.29%
  • Ebitda -24.11%
  • Net Worth 2.78%
  • Total Assets -0.59%

About Mutual Engineering

Mutual Engineering Private Limited (MEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 18 August 2007 and has a history of 17 years and seven months. Its registered office is in Thane, Maharashtra, India.

The Company is engaged in the Machinery And Equipment 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 26.78 Cr and a paid-up capital of Rs 22.90 Cr.

The company currently has active open charges totaling ₹51.89 Cr. The company has closed loans amounting to ₹40.97 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Mutual Engineering Private Limited India is Priyanka as COMPANY SECRETARY. Drumil Gandhi and Meghna Gandhi serve as directors at the Company.

Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74210MH2007PTC173238

  • Company No.

    173238

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Aug 2007

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Machinery and Equipment

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

Executive Team (1)

NameDesignationAppointment DateStatus
Priyanka Company SecretaryCurrent

Board Members (2)

NameDesignationAppointment DateStatus
Drumil Gandhi Country flag representing In Director 28-Aug-2017Current
Meghna Gandhi Country flag representing In Director 08-Aug-2019Current

Financial Performance of Mutual Engineering.

Mutual Engineering Private Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 26.66% increase. The company also saw a substantial fall in profitability, with a 57.29% decrease in profit. The company's net worth moved up by a moderate rise of 2.78%.

Mutual Engineering revenue growth over time
Mutual Engineering 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
26.66%
Revenue from Operations
26.39%
Total Assets
-0.59%
Profit or Loss
-57.29%
Net Worth
2.78%
EBITDA
-24.11%

What is the Ownership and Shareholding Structure of Mutual Engineering?

In 2024, Mutual Engineering had a promoter holding of 100.00%. 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

₹51.89 Cr

Satisfied Charges

₹40.97 Cr

Charges Breakdown by Lending Institutions

  • Others : 51.67 Cr
  • Hdfc Bank Limited : 0.22 Cr

Latest Charge Details

DateLenderAmountStatus
25 Dec 2024Others₹8.60 MOpen
05 Aug 2024Others₹0.78 MOpen
02 Mar 2024Others₹1.49 MOpen
31 Jan 2023Others₹4.00 CrOpen
24 Jun 2022Others₹2.05 CrOpen

How Many Employees Work at Mutual Engineering?

Mutual Engineering has a workforce of 217 employees as of Feb 23, 2025. 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 Mutual Engineering Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mutual Engineering, 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 Engineering'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 Engineering

Recent activity within the organization

  • Charges

    A charge registered on 13 Oct 2021 via Charge ID 100495304 with Others was fully satisfied on 01 Jan 2025.

  • Charges

    A charge with Others amounted to Rs. 0.86 Cr with Charge ID 101047004 was registered on 25 Dec 2024.

  • Charges

    A charge with Others of Rs. 23.44 Cr registered on 25 Mar 2021 with Charge ID 100435163 was modified on 21 Nov 2024.

  • Charges

    A charge registered on 26 Oct 2020 via Charge ID 100405861 with Hdfc Bank Limited was fully satisfied on 02 Oct 2024.

  • Annual General Meeting

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

  • Charges

    A charge with Others amounted to Rs. 0.08 Cr with Charge ID 100967751 was registered on 05 Aug 2024.

Frequently asked questions

  • What is the Incorporation or founding date of Mutual Engineering Private Limited?

    Mutual Engineering Private Limited was incorporated on 18 Aug 2007.

  • What is authorized share capital and paid-up capital of Mutual Engineering Private Limited?

    The authorized share capital of Mutual Engineering Private Limited is ₹ 26.78 Cr and paid-up capital is ₹ 22.90 Cr.

  • Who are the current board members & directors of Mutual Engineering Private Limited?

    Currently 3 directors are associated with Mutual Engineering Private Limited.

    • Priyanka
    • Drumil Jayantilal Gandhi
    • Meghna Dhrumil Gandhi

  • What is the registered address of Mutual Engineering Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Mutual Engineering Private Limited is 9 Ehara Industrial Complex Village Waliv Opp Major Singh Tabela, India, Vasai, Maharashtra, 401208.

  • What is the corporate identification number (CIN) and company number of Mutual Engineering Private Limited?

    The corporate identification number (CIN) of Mutual Engineering Private Limited is U74210MH2007PTC173238 and the company number is 173238 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Mutual Engineering Private Limited?

    The Official website of Mutual Engineering Private Limited is https://www.mutualengineering.in

  • What has been the recent revenue trend for Mutual Engineering Private Limited?

    According to the financial reports for the fiscal year 2024, the revenue trend for Mutual Engineering Private Limited has risen by 26.66%.

  • How many employees does Mutual Engineering Private Limited currently have?

    As Per 2024 financial reports, 217 employees are currently employed by Mutual Engineering Private Limited.

  • What change has been observed in the net worth of Mutual Engineering Private Limited, and by what percentage?

    The financial reports for the fiscal year 2024 indicates that The net worth of Mutual Engineering Private Limited has experienced an upsurge of 2.78%.

  • What are the total open charges for Mutual Engineering Private Limited?

    As per the financial statements for fiscal Year 2024, The total open charges for Mutual Engineering Private Limited amount to ₹ 51.89 Cr.

  • When was the last Balance Sheet of Mutual Engineering Private Limited filed with the ROC?

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

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