About Mahindra Auto Steel Private Limited
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Mahindra Auto Steel Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Mahindra Accelo Limited (Formerly Known As Mahindra Intertrade Limited). It operates in the auto parts and components segment of the automotive sector. It was incorporated on 12 December 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U27100MH2013PTC250979. Its GSTIN is 27AAICM9664P1ZF (Maharashtra).
The company has an authorised share capital of ₹76 Cr and a paid-up capital of ₹68.5 Cr. It is led by directors including Anil Kumar Chopra and Ranjan Pant.
Its last annual general meeting (AGM) was held on 11 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mahindra Towers P. K. Kurne Chowk Worli, Mumbai, Maharashtra, India – 400018.
As per the financials filed for FY 2023, the company reported a revenue of ₹479.33 Cr, a growth of 93% compared to the previous year. For the same year it recorded a net profit of ₹28.22 Cr (net margin 5.9%) and EBITDA of ₹55.34 Cr (EBITDA margin 11.5%). Revenue has grown at a compounded annual rate (CAGR) of 75% over three years and 40% over five years.
The company has about 120 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Mahindra and Mahindra Accelo. As per MCA filings, the company has satisfied charges of ₹136.36 Cr on record. The company has 4 deals on record (2 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹34.99 Cr; the latest was in March 2023. Its 5 peer companies in the Automobiles industry (Auto, Auto Ancillary, Steel), with the same principal business activity (metal and metal products) are compared by revenue, 2 larger and 3 smaller; the largest is Ang Industries Limited with revenue of ₹89.79 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 mahindraaccelo.com.
Company details
Contact details
Mahindra Auto Steel Private Limited's registered office is in Mumbai, Maharashtra. Its website is mahindraaccelo.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressMahindra Towers P. K. Kurne Chowk Worli, Mumbai, Maharashtra, India – 400018
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of Mahindra Auto Steel Private 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 Auto Steel operates two associated brands: Mahindra and Mahindra Accelo. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Diversified operations span automotive, agriculture, and financial services. | mahindra.com | |
| Steel processing company | mahindraaccelo.com |
Business activity
The main business activity of Mahindra Auto Steel is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Mahindra Auto Steel Private Limited, buy the company report.
Financials of Mahindra Auto Steel Private Limited
FY 2025 filings availableMahindra Auto Steel Private Limited reported revenue of ₹479.33 Cr (up 93% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 40% over five years, including 93% growth in the latest year. EBITDA rose 73% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹479.33 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹55.34 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹28.22 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.5% | ||||
| Net Profit Margin | 5.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Mahindra Auto Steel Private Limited, buy the company report.
Board of directors of Mahindra Auto Steel Private Limited
Mahindra Auto Steel has 6 current directors and 34 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anil Kumar Chopra Also directs: Mahindra Steel Service Centre Limited, Mahindra Accelo Limited, Waterways Leisure Tourism Limited and 1 more | Director | 29 Apr 2023 | 3 Years 6 Months | Current |
| Ranjan Pant Also directs: Schneider Electric President Systems Limited, Mahindra and Mahindra Limited, Mahindra Steel Service Centre Limited and 3 more | Director | 23 Jan 2024 | 2 Years 9 Months | Current |
| Ajay Natvarbhai Mehta | Director | 29 Apr 2022 | 4 Years 6 Months | Current |
| Jasmine Kaur Also directs: Mahindra Accelo Limited, Mahindra Electrical Steel Private Limited, Mahindra MSTC Recycling Private Limited and 1 more | Director | 24 Oct 2024 | 2 Years 0 Months | Current |
| Sumit Issar Also directs: Mahindra Steel Service Centre Limited, Mahindra Accelo Limited, Mahindra Electrical Steel Private Limited and 1 more | Director | 20 Oct 2015 | 11 Years 0 Months | Current |
| Minoru Yano | Director | 19 Jul 2024 | 2 Years 3 Months | Current |
Peer comparison
Mahindra Auto Steel Private Limited is compared with the 5 companies closest to it by revenue in the Automobiles industry (Auto, Auto Ancillary, Steel), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mahindra Auto Steel Private Limitedthis company | ₹479.33 Cr (FY 2023) | ₹28.22 Cr | 5.9% | 93.0% | 120 | Mumbai, Maharashtra, India |
| Ang Industries Limited | ₹89.79 Cr (FY 2017) | -46.0% | New Delhi, Delhi, India | |||
| Impex Commercial Private Limited | ₹89.69 Cr (FY 2025) | 0.0% | Dhar, Madhya Pradesh, India | |||
| Sri Ramanjaneya Ispat Private Limited | ₹89.47 Cr (FY 2025) | -21.0% | Hyderabad, Telangana, India | |||
| Sangkaj Industries Private Limited | ₹89.28 Cr (FY 2024) | 15.0% | Aurangabad, Maharashtra, India | |||
| Centric Steel Limited | ₹89.2 Cr (FY 2024) | -7.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Mahindra Auto Steel Private Limited, buy the company report.
Auditor
Mahindra Auto Steel Private Limited is audited by B S R & Co. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R & Co. LLP | FY 2023 | 101248W/W-100022 |
Shareholding
The shareholding of Mahindra Auto Steel Private 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 Auto Steel Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Oct 2023 | 100802481 | Others | ₹60 Cr | Satisfied | |
| 14 Jan 2020 | 100320751 | Hdfc Bank Limited | ₹21.36 Cr | Satisfied | |
| 06 May 2016 | 100036900 | Hdfc Bank Limited | ₹20 Cr | Satisfied | |
| 12 Jun 2015 | 10574214 | Kotak Mahindra Bank Limited | ₹35 Cr | Satisfied |
To see the full charge records of Mahindra Auto Steel Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Mahindra Auto Steel Private Limited has 4 deals on record (2 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹34.99 Cr; the latest was in March 2023.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: Mahindra Accelo Limited Seller: CSGT International Corporation |
| Jul 2016 | Secondary share transfer | Undisclosed | Buyer: Mitsui & Co. Limited Seller: Mitsui & Company (Asia Pacific) Pte Limited |
| Nov 2014 | Rights issue | ₹33.5 Cr | Investors: Mahindra Accelo Limited , CSGT International Corporation, Mitsui & Company (Asia Pacific) Pte Limited |
| Apr 2014 | Funding round | ₹34.99 Cr | Investors: Mahindra Accelo Limited , CSGT International Corporation, Mitsui & Company (Asia Pacific) Pte Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Mahindra Auto Steel Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
Mahindra Auto Steel Private Limited was last rated by Icra on 14 Feb 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 14 Feb 2022 |
To see the full credit ratings and regulatory alerts of Mahindra Auto Steel Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mahindra Auto Steel Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Mahindra Auto Steel Private Limited has a workforce of 120 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 120 |
| 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 Mahindra Auto Steel Private Limited, buy the company report.
GST
Mahindra Auto Steel has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICM9664P1ZF | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mahindra Auto Steel Private Limited, buy the company report.
Recent activity
Mahindra Auto Steel Private Limited has 35 board changes on record since 2014: 8 appointments and 27 cessations. The latest: Jasmine Kaur was appointed as Director on 24 Oct 2024.
35 earlier events are in the company report.
Frequently asked questions
Mahindra Auto Steel is an active private limited company based in Mumbai, Maharashtra, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 12 December 2013 (13+ years old) and is registered under CIN U27100MH2013PTC250979.
Mahindra Auto Steel has 6 current directors:
- Anil Kumar Chopra - Director
- Ranjan Pant - Director
- Ajay Natvarbhai Mehta - Director
- Jasmine Kaur - Director
- Sumit Issar - Director
- Minoru Yano - Director
The latest financial statements of Mahindra Auto Steel on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 11 July 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Mahindra Auto Steel is 27AAICM9664P1ZF, registered in Maharashtra.
The CIN (Corporate Identification Number) of Mahindra Auto Steel is U27100MH2013PTC250979. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mahindra Auto Steel was incorporated on 12 December 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.
Mahindra Auto Steel has 4 deals on record (2 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹34.99 Cr; the latest was in March 2023.
The peers of Mahindra Auto Steel by revenue are Ang Industries Limited, Impex Commercial Private Limited, Sri Ramanjaneya Ispat Private Limited, Sangkaj Industries Private Limited, Centric Steel Limited, all in the Automobiles industry (Auto, Auto Ancillary, Steel), with the same principal business activity (metal and metal products).
Jasmine Kaur was appointed as Director on 24 Oct 2024. Jasmine Kaur ceased to be Additional Director on 24 Oct 2024. Minoru Yano ceased to be Additional Director on 22 Oct 2024. Mahindra Auto Steel has 35 board changes on record in total.
Mahindra Auto Steel can be reached through the website mahindraaccelo.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Mahindra Auto Steel is at Mahindra Towers P. K. Kurne Chowk Worli, Mumbai, Maharashtra, India – 400018.
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