Artelia Consulting Engineers Limited

Artelia Consulting Engineers Limited - engineering in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U74210MH1993PLC074723 Incorporated 26 October 1993 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Public Limited Company engineering
Revenue · FY 2023
₹17.05 Cr
▼ 5% YoY
Net profit · FY 2023
₹29.44 Lakh
Net margin 1.7%
EBITDA · FY 2023
₹21.05 Lakh
EBITDA margin 1.2%
Authorised capital
₹13.5 Cr
Registered with MCA
Paid-up capital
₹1.89 Cr
Issued & subscribed
Open charges
₹2.6 Cr
Secured borrowings
Company age
33 yrs
Est. 1993
Employees · EPFO
48
Provident fund records

About Artelia Consulting Engineers Limited

Data last updated:

Artelia Consulting Engineers Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Mahindra And Mahindra Limited. It operates in the engineering sector. It was incorporated on 26 October 1993 and has been in existence for over 33 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74210MH1993PLC074723. Its GSTIN is 33AAACM9769M1ZU (Tamil Nadu). The company holds 7 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹13.5 Cr and a paid-up capital of ₹1.89 Cr. It was formerly known as Mahindra Acres Consulting Engineers Ltd. It is led by directors including Pascal Guy Thevenet and Charles Jean Francois Anne Bouhelier.

Its last annual general meeting (AGM) was held on 26 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at As/10/B 2nd Floor Plot – 6 Ador House, Kakushroo Dubash Marg Kalaghoda Fort Mumbai, Maharashtra, India – 400001.

As per the financials filed for FY 2023, the company reported a revenue of ₹17.05 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹29.44 Lakh (net margin 1.7%) and EBITDA of ₹21.05 Lakh (EBITDA margin 1.2%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years.

The company has about 48 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.

As per MCA filings, the company has open charges of ₹2.6 Cr on record. The company has 1 deal on record (1 acquisition); the latest was in February 2023.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mahindrapartners.com.

Company details

CIN U74210MH1993PLC074723
Registration Number 074723
Incorporation Date 26 October 1993
ROC Mumbai
Listing Status Unlisted
Company Status Active
Parent Company Mahindra And Mahindra Limited
Compliance Status Active Compliant

CIN history

Artelia Consulting Engineers has one previous CIN (Corporate Identification Number): L74210MH1993PLC074723. The current CIN is U74210MH1993PLC074723, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U74210MH1993PLC074723Current
L74210MH1993PLC074723Previous

Contact details

Artelia Consulting Engineers Limited's registered office is in Mumbai, Maharashtra. Its website is mahindrapartners.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    As/10/B 2nd Floor Plot – 6 Ador House, Kakushroo Dubash Marg Kalaghoda Fort Mumbai, Maharashtra, India – 400001
  • Industry
    Engineering, Engineering, Procurement & Construction (EPC)

To see the full contact details of Artelia Consulting Engineers Limited, buy the company report.

Comprehensive company report
Artelia Consulting Engineers Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Artelia Consulting Engineers is professional, scientific and technical. In detail, this covers architecture, engineering activities, technical testing and analysis activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, Scientific and TechnicalM4Architecture, engineering activities, technical testing and analysis activities

To see the full business activity and turnover split of Artelia Consulting Engineers Limited, buy the company report.

Financials of Artelia Consulting Engineers Limited

FY 2025 filings available

Artelia Consulting Engineers Limited reported revenue of ₹17.05 Cr (down 5% YoY) for FY 2023.

Revenue · FY 2023
₹17.05 Cr ▼ 5%
Net profit · FY 2023
₹29.44 Lakh margin 1.7%
EBITDA · FY 2023
₹21.05 Lakh margin 1.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 5%
3 years · compounded
▼ 7%
EBITDA CAGR growth
1 year
▼ 82%
3 years · compounded
▼ 47%
5 years · compounded
▼ 24%

Revenue has declined at a compounded annual rate (CAGR) of 7% over three years, including a 5% fall in the latest year. EBITDA fell 82% 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹17.05 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹21.05 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹29.44 Lakh
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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin1.2%
Net Profit Margin1.7%
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

To see the full financial statements and ratios of Artelia Consulting Engineers Limited, buy the company report.

Board of directors of Artelia Consulting Engineers Limited

Artelia Consulting Engineers has 4 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Pascal Guy ThevenetDirector17 Mar 20233 Years 7 MonthsCurrent
Charles Jean Francois Anne BouhelierDirector17 Mar 20233 Years 7 MonthsCurrent
Hovsep Der KevorkianDirector17 Mar 20233 Years 7 MonthsCurrent
Narayanaswamy RajagopalanDirector26 Apr 20242 Years 6 MonthsCurrent

Auditor

Artelia Consulting Engineers Limited is audited by B. K. Khare & Co for the financial year 2023.

Auditor firmFinancial yearFirm registration number
B. K. Khare & CoFY 2023105102W

Shareholding

The shareholding of Artelia Consulting Engineers Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Artelia Consulting Engineers Limited, buy the company report.

Charges & borrowings

Open charges
₹2.6 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹2.60 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
14 Sep 2018100204829Others₹2.6 CrOpen

To see the full charge records of Artelia Consulting Engineers Limited, buy the company report.

Total charge records: 1 View all charges

Deals & funding

Artelia Consulting Engineers Limited has 1 deal on record (1 acquisition); the latest was in February 2023.

Total deals
1
Acquisition
1

Deals on record (1 of 1)

WhenDealAmountParties
Feb 2023Acquisition₹10.32 CrBuyer: Artelia Holding SAS
Seller: Mahindra and Mahindra Limited

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Artelia Consulting Engineers Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Group structure & subsidiaries

Artelia Consulting Engineers has 1 subsidiary company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.

1
Subsidiary companies
Key subsidiaries
Company NameCINShares held
Mahindra Namaste LimitedU93000MH2010PLC198303

To see the full group structure of Artelia Consulting Engineers Limited, buy the company report.

Employees & EPFO

Artelia Consulting Engineers Limited has a workforce of 48 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.

Employee count
48
Active EPFO establishments
1
Employee growth
-4%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2026-2748
FY 2025-26
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
FY 2019-20
FY 2018-19
FY 2017-18
FY 2016-17

To see the full employee and EPFO history of Artelia Consulting Engineers Limited, buy the company report.

GST

Artelia Consulting Engineers has 7 GST registrations: 1 active and 6 cancelled or inactive.

Total GSTINs
7
Active
1
Cancelled / inactive
6
GSTINStateStatusRegistered on
33AAACM9769M1ZUTamil NaduActive01 Jul 2017

To see the full GST registrations and return filing status of Artelia Consulting Engineers Limited, buy the company report.

Recent activity

Artelia Consulting Engineers Limited has 19 board changes on record since 2010: 4 appointments and 15 cessations. The latest: Narayanaswamy Rajagopalan ceased to be Additional Director on 16 Sep 2024.

Charges
A charge with Others of Rs. 2.60 Cr registered on 14 Sep 2018 with Charge ID 100204829 was modified on 30 Aug 2025.
AGM
Artelia Consulting Engineers Limited last Annual general meeting of members was held on 26 Aug 2025 as per latest MCA records.
Filing
Artelia Consulting Engineers Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Ceased
Narayanaswamy Rajagopalan ceased to be Additional Director.
Appointed
Narayanaswamy Rajagopalan was appointed as Director.
Ceased
Charles Jean Francois Anne Bouhelier ceased to be Additional Director.
Ceased
Hovsep Der Kevorkian ceased to be Additional Director.
Ceased
Pascal Guy Thevenet ceased to be Additional Director.
Appointed
Charles Jean Francois Anne Bouhelier was appointed as Director.
Appointed
Hovsep Der Kevorkian was appointed as Director.
Appointed
Pascal Guy Thevenet was appointed as Director.
Ceased
Venkatraman Sundaram ceased to be Nominee Director.

12 earlier events are in the company report.

Frequently asked questions

Artelia Consulting Engineers is an active public limited company based in Mumbai, Maharashtra, India. The company works in the engineering industry. It was incorporated on 26 October 1993 (33+ years old) and is registered under CIN U74210MH1993PLC074723.

Artelia Consulting Engineers has 4 current directors:

The latest financial statements of Artelia Consulting Engineers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 August 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Artelia Consulting Engineers is 33AAACM9769M1ZU, registered in Tamil Nadu. The company has 7 GST registrations in all, of which 1 is active and 6 are cancelled or inactive.

The CIN (Corporate Identification Number) of Artelia Consulting Engineers is U74210MH1993PLC074723. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Artelia Consulting Engineers was incorporated on 26 October 1993, making it 33+ years old. It is registered with the Registrar of Companies, Mumbai.

Artelia Consulting Engineers has 1 deal on record (1 acquisition); the latest was in February 2023.

Narayanaswamy Rajagopalan ceased to be Additional Director on 16 Sep 2024. Narayanaswamy Rajagopalan was appointed as Director on 26 Apr 2024. Charles Jean Francois Anne Bouhelier ceased to be Additional Director on 26 Mar 2023. Artelia Consulting Engineers has 19 board changes on record in total.

Artelia Consulting Engineers can be reached through the website mahindrapartners.com. Its registered office is in Mumbai, Maharashtra, India.

The registered office of Artelia Consulting Engineers is at As10B 2nd Floor Plot – 6 Ador House, Kakushroo Dubash Marg Kalaghoda Fort Mumbai, Maharashtra, India – 400001.