About Mahan Coal Limited
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Mahan Coal Limited is a public limited company based in Singrauli, Madhya Pradesh, India. It operates in the mining and mineral extraction segment of the metals and mining sector. It was incorporated on 25 April 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U01010MP2006PLC018586. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹400 Cr and a paid-up capital of ₹64.5 Cr. It was formerly known as Mahan Coal Company Limited. It is led by directors including Sourabh Sonkiya and Vallur Ranganathan Shankar.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bariyania Guest House Village Bariyania, Singrauli, Madhya Pradesh, India – 486886.
As per the financials filed for FY 2025, the company reported a revenue of ₹28,500, a growth of 57% compared to the previous year. For the same year it recorded a net loss of ₹10.53 Lakh and EBITDA of -₹10.53 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 57% over five years.
Court records list 17 cases involving the company, including 1 filed by the company and 16 filed against it; 3 cases are pending. The company has 10 deals on record (5 funding rounds, 4 secondary share transfers, 1 rights issue), with disclosed funding of ₹379.25 Cr; the latest was in March 2014. Its 3 peer companies in the Metals and Minerals industry (Mining), with the same principal business activity (mining of coal and lignite) are compared by revenue, 2 larger and 1 smaller; the largest is Goodwin Granites Private Limited with revenue of ₹29,400.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mahancoal.com.
Company details
Contact details
Mahan Coal Limited's registered office is in Singrauli, Madhya Pradesh. Its website is mahancoal.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressBariyania Guest House Village Bariyania, Singrauli, Madhya Pradesh, India – 486886
- IndustryMetals and Minerals, Mining & Mineral Extraction
To see the full contact details of Mahan Coal 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
Financials of Mahan Coal Limited
FY 2025 filings availableMahan Coal Limited reported revenue of ₹28,500 (up 57% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 57% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 57%. EBITDA fell 781% 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 | -₹10.53 Lakh | ||||
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| Net Profit (PAT) | -₹10.53 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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To see the full financial statements and ratios of Mahan Coal Limited, buy the company report.
Board of directors of Mahan Coal Limited
Mahan Coal has 3 current directors and 29 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sourabh Sonkiya | Director | 30 Sep 2024 | 2 Years 1 Months | Current |
| Vallur Ranganathan Shankar Also directs: Tubed Coal Mines Limited | Director | 18 May 2021 | 5 Years 5 Months | Current |
| Nitin Surgouda Patil Also directs: Essar Hydrogen Limited, Essar Wind Power Private Limited, Essar Power Salaya Limited and 2 more | Director | 30 Sep 2024 | 2 Years 1 Months | Current |
Peer comparison
Mahan Coal Limited is compared with the 3 companies closest to it by revenue in the Metals and Minerals industry (Mining), with the same principal business activity (mining of coal and lignite), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Goodwin Granites Private Limited | ₹29,400 (FY 2025) | 137.0% | Paravur, Kerala, India | |||
| Hgel Integrated Private Limited | ₹29,171 (FY 2018) | -100.0% | Mumbai, Maharashtra, India | |||
| Mahan Coal Limitedthis company | ₹28,500 (FY 2025) | -₹10.53 Lakh | 57.0% | Singrauli, Madhya Pradesh, India | ||
| Hanuman Mining and Construction India Private Limited | ₹27,512 (FY 2024) | 62.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Mahan Coal Limited, buy the company report.
Auditor
Mahan Coal Limited is audited by M. L. SHARMA & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M. L. SHARMA & CO | FY 2022 | 109963W |
Shareholding
The shareholding of Mahan Coal 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 category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mahan Coal Limited, buy the company report.
Deals & funding
Mahan Coal Limited has 10 deals on record (5 funding rounds, 4 secondary share transfers, 1 rights issue), with disclosed funding of ₹379.25 Cr; the latest was in March 2014.
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2014 | Rights issue | ₹12 Cr | Investors: Hindalco Industries Limited , Essar Power Limited |
| Mar 2013 | Funding round | ₹335.5 Cr | Investors: Hindalco Industries Limited , Essar Power Limited |
| Sep 2011 | Funding round | ₹20.25 Cr | Investors: Hindalco Industries Limited , Essar Power Limited |
| Mar 2011 | Secondary share transfer | Undisclosed | Buyer: Essar Power Limited Seller: Essar Power M.P Limited |
| Jun 2010 | Funding round | ₹13 Cr | Investors: Essar Power M.P Limited, Hindalco Industries Limited |
To see the full deal history of Mahan Coal Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Mahan Coal Limited has 17 court cases on record: 1 filed by Mahan Coal, 16 filed against it. 3 cases are pending and 14 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 10 | 9 | 1 |
| Supreme Court | 6 | 6 | 1 |
| District courts | 1 | 1 | 1 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1503-Appeal Against Orders Of Statutory Bodies : Tribunals) | Filed against the company by M/S Hindalco Industries Limited Through Its Vice President Corporate Affairs Dr. Vinod K. Verma Century Bhawan, 3Rd Floor, Annie Besant Road, Worli, Mumbai ,Mumbai , Maharashtra and 2 others | Disposed |
| Supreme Court | Court case (1503-Appeal Against Orders Of Statutory Bodies : Tribunals) | Filed against the company by an individual | Pending |
| District court, Singrauli, Madhya Pradesh | Court case (RCS A) | Filed against the company | Pending |
| High Court of Madhya Pradesh | Writ petition | Filed against the company | Pending |
| Supreme Court | Court case (1503-Appeal Against Orders Of Statutory Bodies : Tribunals) | Filed against the company by an individual | Disposed |
To see the full case history of Mahan Coal Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mahan Coal Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Mahan Coal has 2 joint ventures. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
GST
Mahan Coal has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Mahan Coal Limited, buy the company report.
Recent activity
Mahan Coal Limited has 29 board changes on record since 2008: 3 appointments and 26 cessations. The latest: Nitin Surgouda Patil ceased to be Additional Director on 29 Sep 2025.
20 earlier events are in the company report.
Frequently asked questions
Mahan Coal is an active public limited company based in Singrauli, Madhya Pradesh, India. The company works in mining and mineral extraction, within the metals and minerals industry. It was incorporated on 25 April 2006 (20+ years old) and is registered under CIN U01010MP2006PLC018586.
Mahan Coal has 3 current directors:
- Sourabh Sonkiya - Director
- Vallur Ranganathan Shankar - Director
- Nitin Surgouda Patil - Director
The latest financial statements of Mahan Coal on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
No. Mahan Coal has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Mahan Coal is U01010MP2006PLC018586. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mahan Coal has 17 court cases on record: 1 filed by the company and 16 filed against it. 3 are pending. Most are in the high courts.
Mahan Coal was incorporated on 25 April 2006, making it 20+ years old. It is registered with the Registrar of Companies, Gwalior.
Mahan Coal has 10 deals on record (5 funding rounds, 4 secondary share transfers, 1 rights issue), with disclosed funding of ₹379.25 Cr; the latest was in March 2014.
The peers of Mahan Coal by revenue are Goodwin Granites Private Limited, Hgel Integrated Private Limited, Hanuman Mining and Construction India Private Limited, all in the Metals and Minerals industry (Mining), with the same principal business activity (mining of coal and lignite).
Nitin Surgouda Patil ceased to be Additional Director on 29 Sep 2025. Sourabh Sonkiya ceased to be Additional Director on 29 Sep 2025. Nitin Surgouda Patil was appointed as Director on 30 Sep 2024. Mahan Coal has 29 board changes on record in total.
Mahan Coal can be reached through the website mahancoal.com. Its registered office is in Singrauli, Madhya Pradesh, India.
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