About Mahindra Defence Naval Systems Limited
Data last updated:
Mahindra Defence Naval Systems Limited was a public limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Mahindra And Mahindra Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the defence tech and equipment segment of the aerospace, maritime and defence sector. It was incorporated on 18 May 2012.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U75144MH2012PLC231267. Its GSTIN is 27AAHCM9573A1ZB (Maharashtra).
The company had an authorised share capital of ₹25 Cr and a paid-up capital of ₹15.03 Cr. It was formerly known as Mahindra Defence Naval Systems Private Limited. It was led by directors including Devendra Bhatnagar (Whole-Time Director) and Shriprakash Shukla.
Its last annual general meeting (AGM) was held on 30 July 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at Mahindra Towers P.K. Kurne Chowk Dr. G.M. Bhosale Marg Worli, Mumbai, Maharashtra, India – 400018.
As per the financials filed for FY 2019, the company reported a revenue of ₹25.66 Cr, a growth of 126% compared to the previous year. For the same year it recorded a net loss of ₹85.3 Lakh (net margin -3.3%) and EBITDA of ₹94.47 Lakh (EBITDA margin 3.7%).
Court records list 1 case involving the company, including 1 filed against it.
The last known website on record is mdnspune.com.
Company details
CIN history
Mahindra Defence Naval Systems has one previous CIN (Corporate Identification Number): U75144MH2012PTC231267. The current CIN is U75144MH2012PLC231267, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U75144MH2012PLC231267 | Current |
| U75144MH2012PTC231267 | Previous |
Contact details
Mahindra Defence Naval Systems Limited's registered office is in Mumbai, Maharashtra. Its website is mdnspune.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressMahindra Towers P.K. Kurne Chowk Dr. G.M. Bhosale Marg Worli, Mumbai, Maharashtra, India – 400018
- IndustryAerospace, Maritime and Defense, Defence Tech & Equipment
To see the full contact details of Mahindra Defence Naval Systems 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
Business activity
The main business activity of Mahindra Defence Naval Systems is manufacturing. In detail, this covers repair & installation of machinery & equipment, motor vehicles and metal and metal products. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C12 | Repair & installation of machinery & equipment, motor vehicles | |
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Mahindra Defence Naval Systems Limited, buy the company report.
Financials of Mahindra Defence Naval Systems Limited
FY 2019 filings availableMahindra Defence Naval Systems Limited reported revenue of ₹25.66 Cr (up 126% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue rose 126% in the latest year. EBITDA rose 125% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | ₹94.47 Lakh | ||||
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| Net Profit (PAT) | -₹85.3 Lakh | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.7% | ||||
| Net Profit Margin | -3.3% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Mahindra Defence Naval Systems Limited, buy the company report.
Board of directors and KMP of Mahindra Defence Naval Systems Limited
Mahindra Defence Naval Systems Limited currently reports 4 directors and 1 key managerial person. 9 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Saurabh Gupta Also directs: Astraan Defence Limited, Atharva Advanced Systems and Technologies Limited, Horizon Aero Solutions Limited and 1 more | Cfo | 01 Apr 2014 | 12 Years 6 Months | As last reported |
| Shriprakash Shukla Also directs: Cie Automotive India Limited, Mahindra Agri Solutions Limited | Director | 25 Mar 2013 | 13 Years 7 Months | As last reported |
| Mukul Verma | Director | 18 May 2012 | 14 Years 5 Months | As last reported |
| Devendra Bhatnagar | Whole-Time Director | 21 Oct 2015 | 11 Years 0 Months | As last reported |
| Narayan Shankar | Director | 18 May 2012 | 14 Years 5 Months | As last reported |
Auditor
Mahindra Defence Naval Systems Limited is audited by DELOITTE HASKINS & SELLS for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DELOITTE HASKINS & SELLS | FY 2018 | 117365W |
Shareholding
The shareholding of Mahindra Defence Naval Systems Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Mahindra Defence Naval Systems Limited, buy the company report.
Legal cases
Mahindra Defence Naval Systems Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed against the company | Disposed |
To see the full case history of Mahindra Defence Naval Systems 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 Mahindra Defence Naval Systems Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mahindra Defence Naval Systems has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCM9573A1ZB | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mahindra Defence Naval Systems Limited, buy the company report.
Recent activity
Mahindra Defence Naval Systems Limited has 12 board changes on record since 2012: 5 appointments and 7 cessations. The latest: Devendra Bhatnagar ceased to be Whole-Time Director on 31 Aug 2018.
3 earlier events are in the company report.
News
Frequently asked questions
Mahindra Defence Naval Systems has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Mahindra Defence Naval Systems was a public limited company based in Mumbai, Maharashtra, India. The company worked in defence tech and equipment, within the aerospace, maritime and defense industry. It was incorporated on 18 May 2012 and is registered under CIN U75144MH2012PLC231267. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Mahindra Defence Naval Systems was incorporated on 18 May 2012. It is registered with the Registrar of Companies, Mumbai.
Mahindra Defence Naval Systems had 5 directors and KMP:
- Devendra Bhatnagar - Whole-Time Director
- Shriprakash Shukla - Director
- Mukul Verma - Director
- Narayan Shankar - Director
- Saurabh Gupta - Cfo
The CIN (Corporate Identification Number) of Mahindra Defence Naval Systems is U75144MH2012PLC231267. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Mahindra Defence Naval Systems is at Mahindra Towers P.K. Kurne Chowk Dr. G.M. Bhosale Marg Worli, Mumbai, Maharashtra, India – 400018.
Mahindra Defence Naval Systems can be reached through the website mdnspune.com. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Mahindra Defence Naval Systems on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 July 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of Mahindra Defence Naval Systems is 27AAHCM9573A1ZB, registered in Maharashtra.
Mahindra Defence Naval Systems operated in the aerospace, maritime and defense industry, in the defence tech and equipment segment.