Samvardhana Motherson Innovative Solutions Limited

Manufactures sintered metal parts for various industries, established in 2006 and based in Mumbai.

2006 | Mumbai, Maharashtra (India) | Active
Last Updated: October 23, 2024

Samvardhana Motherson Innovative Solutions Profile

Key Indicators

  • Authorised Capital ₹ 948.50 Cr
  • Paid Up Capital ₹ 52.28 Cr
  • Company Age 18 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 24.00 Cr
  • Satisfied Charges ₹ 98.90 Cr
  • Revenue Growth 19.30%
  • Profit Growth 275.40%
  • Ebitda 101.08%
  • Net Worth 2.80%
  • Total Assets -2.26%

About Samvardhana Motherson Innovative Solutions

Samvardhana Motherson Innovative Solutions Limited (SMISL) is a leading Public Limited Indian Non-Government Company incorporated in India on 26 July 2006 and has a history of 18 years and six months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Motherson Automation Technology Limited. 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 2023. It's a company limited by shares with an authorized capital of Rs 948.50 Cr and a paid-up capital of Rs 52.28 Cr.

The company currently has active open charges totaling ₹24.00 Cr. The company has closed loans amounting to ₹98.90 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Samvardhana Motherson Innovative Solutions Limited India are Kumarpal Kothari as CFO and Ritu Seth as Company Secretary. Ashok Tandon, Ajay Bahl, Parthasarathy Srinivasan, and One other member serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U35100MH2006PLC285657

  • Company No.

    285657

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    26 Jul 2006

  • Date of AGM

    26 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Machinery and Equipment

Who are the key members and board of directors at Samvardhana Motherson Innovative Solutions?

Executive Team (2)

Name Designation Appointment Date Status
Kumarpal Kothari CFO 08-Apr-2019 Current
Ritu Seth Country flag representing In Company Secretary 01-Jun-2019 Current

Board Members (4)

Name Designation Appointment Date Status
Shailesh Prabhune Country flag representing In Director 08-Apr-2019 Current
Ajay Bahl Country flag representing In Director 11-Sep-2023 Current
Ashok Tandon Country flag representing In Director 26-Jul-2006 Current
Parthasarathy Srinivasan Country flag representing In Director 08-Apr-2019 Current

Financial Performance of Samvardhana Motherson Innovative Solutions.

Samvardhana Motherson Innovative Solutions Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 19.3% increase. The company also saw a substantial improvement in profitability, with a 275.4% increase in profit. The company's net worth moved up by a moderate rise of 2.8%.

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
19.30%
Revenue from Operations
25.01%
Total Assets
-2.26%
Profit or Loss
275.40%
Net Worth
2.80%
EBITDA
101.08%

What is the Ownership and Shareholding Structure of Samvardhana Motherson Innovative Solutions?

In 2023, Samvardhana Motherson Innovative Solutions had a promoter holding of 100.00%. The company had 5 Subsidiaries, 4 Joint Ventures and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹24.00 Cr

Satisfied Charges

₹98.90 Cr

Charges Breakdown by Lending Institutions

  • Yes Bank Limited : 14.00 Cr
  • Hdfc Bank Limited : 10.00 Cr

Latest Charge Details

Date Lender Amount Status
21 Sep 2022 Yes Bank Limited ₹8.00 Cr Open
08 Feb 2021 Yes Bank Limited ₹6.00 Cr Open
25 Sep 2017 Hdfc Bank Limited ₹10.00 Cr Open
20 Jul 2020 Hdfc Bank Limited ₹10.90 Cr Satisfied
14 Dec 2018 Yes Bank Limited ₹15.00 Cr Satisfied

How Many Employees Work at Samvardhana Motherson Innovative Solutions?

Samvardhana Motherson Innovative Solutions has a workforce of 281 employees as of Apr 03, 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 Samvardhana Motherson Innovative Solutions, 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 Samvardhana Motherson Innovative Solutions'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 Samvardhana Motherson Innovative Solutions

Recent activity within the organization

  • Charges

    A charge registered on 20 Jul 2020 via Charge ID 100365866 with Hdfc Bank Limited was fully satisfied on 14 May 2024.

    14 May 2024

  • Charges

    A charge registered on 25 Sep 2017 via Charge ID 100140755 with Hdfc Bank Limited was fully satisfied on 14 May 2024.

    14 May 2024

  • Annual General Meeting

    Samvardhana Motherson Innovative Solutions Limited last Annual general meeting of members was held on 26 Sep 2023 as per latest MCA records.

    26 Sep 2023

  • Director Appointment

    Ajay Bahl was appointed as a Director was appointed as a Director on 11 Sep 2023 & has been associated with this company since 1 year 4 months .

    11 Sep 2023

  • Balance Sheet

    Samvardhana Motherson Innovative Solutions Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge registered on 14 Dec 2018 via Charge ID 100231267 with Yes Bank Limited was fully satisfied on 29 Nov 2022.

    29 Nov 2022

Recent News, Updates & Announcement

Frequently asked questions

  • Samvardhana Motherson Innovative Solutions Limited was incorporated on 26 Jul 2006.

  • The authorized share capital of Samvardhana Motherson Innovative Solutions Limited is ₹ 948.50 Cr and paid-up capital is ₹ 52.28 Cr.

  • Currently 6 directors are associated with Samvardhana Motherson Innovative Solutions Limited.

    • Ashok Tandon
    • Ajay Bahl
    • Parthasarathy Srinivasan
    • Shailesh Prabhakar Prabhune
    • Kumarpal Jawaharlal Kothari
    • Ritu Seth
  • As per Ministry of Corporate Affairs (Mca), the registered address of Samvardhana Motherson Innovative Solutions Limited is Unit 705 C Wing One Bkc G Block Bandra Kurla Complex, East India, Mumbai, Maharashtra, 400051.

  • The corporate identification number (CIN) of Samvardhana Motherson Innovative Solutions Limited is U35100MH2006PLC285657 and the company number is 285657 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Samvardhana Motherson Innovative Solutions Limited is https://www.motherson.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Samvardhana Motherson Innovative Solutions Limited has risen by 19.30%.

  • As Per 2023 financial reports, 281 employees are currently employed by Samvardhana Motherson Innovative Solutions Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Samvardhana Motherson Innovative Solutions Limited has experienced an upsurge of 2.80%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Samvardhana Motherson Innovative Solutions Limited amount to ₹ 24.00 Cr.

  • The most recent Balance Sheet for Samvardhana Motherson Innovative Solutions Limited was filed with the ROC on 31 Mar 2023.

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