About Mammoet (India) Private Limited
Data last updated:
Mammoet (India) Private Limited is a foreign private limited company based in Mumbai, Maharashtra, India, a subsidiary of Mammoet Asia Holding Bv. It operates in the equipment leasing and financing segment of the financial services sector. It was incorporated on 05 July 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74990MH2011FTC219403. Its GSTIN is 27AAHCM2820N1Z8 (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Thomas Johannes Rutgrink and Sagthi Kaliappan.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹36.5 Cr, a decline of 71% compared to the previous year. For the same year it recorded a net profit of ₹4.83 Cr (net margin 13.2%) and EBITDA of ₹12.41 Cr (EBITDA margin 34%). Revenue has declined at a compounded annual rate (CAGR) of 91% over three years and 23% over five years.
The company has about 31 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Mammoet. The company has 1 deal on record (1 secondary share transfer); the latest was in March 2021. Its 10 peer companies in the BFSI industry (Machinery and Equipment Leasing) are compared by revenue, 5 larger and 5 smaller; the largest is Outstrive Solutions Private Limited with revenue of ₹37.06 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mammoet.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressRaheja Platinum Marol Industrial Estate Near Sag Baug, Andheri East, Mumbai, Maharashtra, India – 400059
- IndustryFinancial Services, Equipment Leasing & Financing
- 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
- One PDF report, delivered after checkout
Associated Brands with Mammoet (India) Private Limited
Mammoet (India) operates one associated brand: Mammoet. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Heavy lifting and transport solutions are provided for industrial projects. | mammoet.com |
Business Activity of Mammoet (India) Private Limited
The main business activity of Mammoet (India) is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Mammoet (India) Private Limited FY 2024 filings available
Mammoet (India) Private Limited reported revenue of ₹36.5 Cr (down 71% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Mammoet (India) Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 23% over five years, including a 71% fall in the latest year. EBITDA fell 66% 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 of Mammoet (India) Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹12.41 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹4.83 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Mammoet (India) Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 34% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 13.2% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Mammoet (India) are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Mammoet (India) Private Limited
Mammoet (India) has 4 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Thomas Johannes Rutgrink | Director | 25 Aug 2023 | 3 Years 1 Months | Current |
| Sagthi Kaliappan | Director | 16 Mar 2023 | 3 Years 7 Months | Current |
| Manish Kumar | Director | 15 Feb 2025 | 1 Years 8 Months | Current |
| Bhoomi Pratik Kapasi | Director | 15 Feb 2025 | 1 Years 8 Months | Current |
Peer Comparison of Mammoet (India) Private Limited
Mammoet (India) Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Machinery and Equipment Leasing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Outstrive Solutions Private Limited | ₹37.06 Cr (FY 2025) | •••• | •••• | -20.0% | •••• | Bangalore, Karnataka, India |
| Raamdoot Earth-Movers Private Limited | ₹37.05 Cr (FY 2018) | •••• | •••• | 140.0% | •••• | Guwahati, Assam, India |
| Crown Lifters Limited Listed | ₹36.96 Cr (FY 2025) | •••• | •••• | 28.0% | •••• | Mumbai, Maharashtra, India |
| Empiler Projects Private Limited | ₹36.87 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Hyderabad, Telangana, India |
| Lakecity Infraprojects Private Limited | ₹36.53 Cr (FY 2025) | •••• | •••• | 128.0% | •••• | Udaipur, Rajasthan, India |
| Mammoet (India) Private Limited this company | ₹36.5 Cr (FY 2025) | •••• | •••• | -71.0% | •••• | Mumbai, Maharashtra, India |
| Visvas Papers Private Limited | ₹35.96 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Virudhunagar, Tamil Nadu, India |
| Heena Cargo Movers Private Limited | ₹35.93 Cr (FY 2025) | •••• | •••• | 35.0% | •••• | Mumbai, Maharashtra, India |
| Unique Merchant Pvt Ltd | ₹35.9 Cr (FY 2024) | •••• | •••• | -35.0% | •••• | Kolkata, West Bengal, India |
| Magoxy Infra Private Limited | ₹35.69 Cr (FY 2025) | •••• | •••• | -12.0% | •••• | Mumbai, Maharashtra, India |
| Mainee Steel Works Private Limited | ₹35.53 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Mammoet (India) by revenue in the BFSI industry (Machinery and Equipment Leasing), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Mammoet (India) Private Limited
Mammoet (India) Private Limited is audited by MGB&Co.LLP for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MGB&Co.LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Mammoet (India) Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Mammoet (India) Private Limited
Mammoet (India) Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Mammoet (India) Private Limited
Mammoet (India) Private Limited has 1 deal on record (1 secondary share transfer); the latest was in March 2021.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: Mammoet Asia Holding B.V Seller: Mammoet Pte Limited |
Full deal history
All 1 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Employees and EPFO Compliance at Mammoet (India) Private Limited
Mammoet (India) Private Limited has a workforce of 31 employees as of Apr 03, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Mammoet (India) Private Limited
Mammoet (India) Private Limited has 16 board changes on record since 2011: 4 appointments and 12 cessations. The latest: Bhoomi Pratik Kapasi ceased to be Additional Director on 29 Sep 2025.
7 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Mammoet (India) Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Mammoet (India) Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Mammoet (India) Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Mammoet (India) Private Limited
Mammoet (India) has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCM2820N1Z8 | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Mammoet (India) Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Related news about Mammoet (India) Private Limited
Frequently Asked Questions about Mammoet (India) Private Limited
Mammoet (India) is an active foreign private limited company based in Mumbai, Maharashtra, India. The company works in equipment leasing and financing, within the financial services industry. It was incorporated on 05 July 2011 (15+ years old) and is registered under CIN U74990MH2011FTC219403.
Mammoet (India) reported revenue of ₹36.5 Cr for FY 2025 (down 71% YoY).
Mammoet (India) has 4 current directors:
- Thomas Johannes Rutgrink - Director
- Sagthi Kaliappan - Director
- Manish Kumar - Director
- Bhoomi Pratik Kapasi - Director
Mammoet (India) reported a net profit of ₹4.83 Cr (net margin 13.2%) and EBITDA of ₹12.41 Cr (EBITDA margin 34%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Mammoet (India) is 91% over three years and -23% over five years. In the latest year (FY 2025) revenue fell 71%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Mammoet (India) is 27AAHCM2820N1Z8, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Mammoet (India) is U74990MH2011FTC219403. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mammoet (India) was incorporated on 05 July 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
Mammoet (India) has 1 deal on record (1 secondary share transfer); the latest was in March 2021.
The peers of Mammoet (India) by revenue are Outstrive Solutions Private Limited, Raamdoot Earth-Movers Private Limited, Crown Lifters Limited, Empiler Projects Private Limited, Lakecity Infraprojects Private Limited and 5 more, all in the BFSI industry (Machinery and Equipment Leasing).
Bhoomi Pratik Kapasi ceased to be Additional Director on 29 Sep 2025. Manish Kumar ceased to be Additional Director on 29 Sep 2025. Bhoomi Pratik Kapasi was appointed as Director on 15 Feb 2025. Mammoet (India) has 16 board changes on record in total.