About Mahindra Emarket Limited
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Mahindra Emarket Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Mahindra And Mahindra Limited. It operates in the online automotive platforms segment of the e-commerce sector. It was incorporated on 11 October 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2000PLC129103. Its GSTIN is 27AACCM3576E1ZH (Maharashtra). The company holds 16 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹79.97 Lakh. It was formerly known as Mriyalguda Farm Solution Limited. It is led by directors including Dhaval Jitendra Buch and Ashutosh Pandey.
Its last annual general meeting (AGM) was held on 14 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mahindra Towersworli, Mumbai, Maharashtra, India – 400018.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.75 Lakh, a decline of 81% compared to the previous year. For the same year it recorded a net loss of ₹4.42 Lakh (net margin -93.1%) and EBITDA of -₹4.32 Lakh (EBITDA margin -90.9%). Revenue has declined at a compounded annual rate (CAGR) of 83% over three years and 74% over five years.
The company has about 30 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: M2All and Mahindra.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website m2all.com.
Company details
CIN history
Mahindra Emarket has one previous CIN (Corporate Identification Number): U52397MH2000PLC129103. The current CIN is U72900MH2000PLC129103, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72900MH2000PLC129103 | Current |
| U52397MH2000PLC129103 | Previous |
Contact details
Mahindra Emarket Limited's registered office is in Mumbai, Maharashtra. Its website is m2all.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressMahindra Towersworli, Mumbai, Maharashtra, India – 400018
- IndustryE-Commerce, Online Automotive Platforms
To see the full contact details of Mahindra Emarket Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Mahindra Emarket operates two associated brands: M2All and Mahindra. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| M2All operates as Mahindra's e-commerce marketplace for business transactions. | m2all.com | |
| Diversified operations span automotive, agriculture, and financial services. | mahindra.com |
Business activity
The main business activity of Mahindra Emarket is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Mahindra Emarket Limited, buy the company report.
Financials of Mahindra Emarket Limited
FY 2025 filings availableMahindra Emarket Limited reported revenue of ₹4.75 Lakh (down 81% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 74% over five years, including a 81% fall in the latest year. EBITDA rose 59% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹4.32 Lakh | ||||
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| Net Profit (PAT) | -₹4.42 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -90.9% | ||||
| Net Profit Margin | -93.1% | ||||
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To see the full financial statements and ratios of Mahindra Emarket Limited, buy the company report.
Board of directors of Mahindra Emarket Limited
Mahindra Emarket has 4 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dhaval Jitendra Buch | Director | 04 May 2020 | 6 Years 5 Months | Current |
| Ashutosh Pandey Also directs: NBS International Limited | Director | 04 May 2020 | 6 Years 5 Months | Current |
| Mohammed Turra Also directs: Mahindra First Choice Wheels Limited | Director | 04 May 2020 | 6 Years 5 Months | Current |
| Nozar Cavas Bharucha | Director | 11 Dec 2023 | 2 Years 10 Months | Current |
Auditor
Mahindra Emarket Limited is audited by B. K. Khare & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B. K. Khare & Co. | FY 2023 | 105102W |
Shareholding
The shareholding of Mahindra Emarket Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mahindra Emarket Limited, buy the company report.
Legal cases
No court or tribunal cases involving Mahindra Emarket Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mahindra Emarket Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Mahindra Emarket Limited has a workforce of 30 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
Mahindra Emarket has 16 GST registrations: 16 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCM3576E1ZH | Maharashtra | Active | 01 Jul 2017 |
| 27AACCM3576E1CS | Maharashtra | Active | 12 Jun 2019 |
| 24AACCM3576E1CY | Gujarat | Active | 16 Jun 2019 |
| 07AACCM3576E1CU | Delhi | Active | 18 Jun 2019 |
To see the full GST registrations and return filing status of Mahindra Emarket Limited, buy the company report.
Recent activity
Mahindra Emarket Limited has 24 board changes on record since 2003: 14 appointments and 10 cessations. The latest: Nozar Cavas Bharucha was appointed as Director on 11 Dec 2023.
15 earlier events are in the company report.
News
Frequently asked questions
Mahindra Emarket is an active public limited company based in Mumbai, Maharashtra, India. The company works in online automotive platforms, within the e-commerce industry. It was incorporated on 11 October 2000 (26+ years old) and is registered under CIN U72900MH2000PLC129103.
Mahindra Emarket has 4 current directors:
- Dhaval Jitendra Buch - Director
- Ashutosh Pandey - Director
- Mohammed Turra - Director
- Nozar Cavas Bharucha - Director
The latest financial statements of Mahindra Emarket on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 14 July 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Mahindra Emarket is 27AACCM3576E1ZH, registered in Maharashtra. The company has 16 GST registrations in all, of which 16 are active. Other active GSTINs include 27AACCM3576E1CS (Maharashtra), 24AACCM3576E1CY (Gujarat), 07AACCM3576E1CU (Delhi).
The CIN (Corporate Identification Number) of Mahindra Emarket is U72900MH2000PLC129103. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mahindra Emarket was incorporated on 11 October 2000, making it 26+ years old. It is registered with the Registrar of Companies, Mumbai.
Nozar Cavas Bharucha was appointed as Director on 11 Dec 2023. Vijay Ramswaroop Nakra ceased to be Director on 30 Oct 2023. Tina Singh ceased to be Director on 15 Feb 2022. Mahindra Emarket has 24 board changes on record in total.
Mahindra Emarket can be reached through the website m2all.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Mahindra Emarket is at Mahindra Towersworli, Mumbai, Maharashtra, India – 400018.
Mahindra Emarket operates in the e-commerce industry, in the online automotive platforms segment.