Mahindra Defence Systems Limited

Mahindra Defence Systems Limited - aerospace, maritime and defense in Mumbai, Maharashtra, India. FY 2026 financials and compliance.
CIN U75220MH2012PLC233889 Incorporated 30 July 2012 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Public Limited Company aerospace, maritime and defense
Data last updated
Revenue · FY 2025
₹992.66 Cr
▲ 55.00% YoY
EBITDA · FY 2025
Locked
In full report
Net profit · FY 2025
Locked
In full report
Authorised capital
₹315 Cr
Registered with MCA
Paid-up capital
₹18.11 Cr
Issued & subscribed
Open charges
₹850 Cr
Satisfied ₹338 Cr
Company age
14 yrs
Est. 2012
Employees · EPFO
523
Latest available

About Mahindra Defence Systems Limited

Data last updated: 31 December 2025

Mahindra Defence Systems Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Mahindra And Mahindra Limited. It specialises in defence vehicles and armored transport, a part of the broader aerospace, maritime and defence sector. Incorporated on 30 July 2012, the company has been in operation for over 14 years.

Registered with ROC Mumbai under CIN U75220MH2012PLC233889.

Capital: an authorised share capital of ₹315 Cr and a paid-up capital of ₹18.11 Cr. It is led by directors including Abanti Sankaranarayanan and Vinod Kumar Sahay.

Last AGM: 15 July 2025. Financial statements filed for year ended 31 March 2025. Office: Mahindra Towers P.K. Kurne Chowk Dr. G. M. Bhosale Marg Worli, Mumbai, Maharashtra, India – 400018.

As per the financials filed for FY 2025, the company reported a revenue of ₹992.66 Cr, a growth of 55% compared to the previous year.

The company has a workforce of approximately 523 employees as per the latest available data. It operates as a subsidiary of Mahindra And Mahindra Limited. Its group structure includes 1 subsidiary.

The company is associated with 1 brand - Mahindra. As per MCA filings, the company has open charges of ₹850 Cr and satisfied charges of ₹338 Cr on record.

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

Company Details of Mahindra Defence Systems Limited
CIN U75220MH2012PLC233889
Registration Number 233889
Incorporation Date 30 July 2012
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 15 July 2025
Date of Balance Sheet 31 March 2025
Parent Company Mahindra And Mahindra Limited
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
  • Social Media
  • Registered Address
    Mahindra Towers P.K. Kurne Chowk Dr. G. M. Bhosale Marg Worli, Mumbai, Maharashtra, India – 400018
  • Industry
    Aerospace, Maritime and Defense, Defence Vehicles & Armored Transport
Company report
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Financials, compliance, directors, charges, ownership and filings for Mahindra Defence Systems Limited in one report.

10-year financials Directors & ownership Charges & compliance

Associated Brands with Mahindra Defence Systems Limited

Mahindra Defence Systems Limited operates one associated brand: Mahindra. These brands represent Mahindra Defence Systems Limited's diversified market presence and brand portfolio.

Brand Description Website
Diversified operations span automotive, agriculture, and financial services. mahindra.com

Competitors & Alternatives of Mahindra Defence Systems Limited

Brands and companies operating in the same space as Mahindra Defence Systems Limited include Tata Motors, Ford, Eicher Motors and 4 more.

Competitor Description Location Founded
Tata Motors Tata Motors Cars, trucks, buses, and electric vehicles are manufactured. Mumbai, India, India 1868
Ford Ford Automobiles and commercial vehicles are manufactured by Ford. United States 1903
Eicher Motors Eicher Motors Commercial vehicles and two-wheelers are manufactured by Eicher Motors. Gurugram, India, India 1948
Greaves Electric Mobility Greaves Electric Mobility Manufacturer of electric two and three-wheelers for personal and commercial use Bengaluru, India, India 2008
Motovolt Motovolt Electric bicycles with advanced features are developed by Motovolt. Kolkata, India, India 2019
Bajaj Auto Bajaj Auto Bikes, mopeds, and three-wheelers are manufactured as core products. Pune, India, India 1945
Force Motors Force Motors Automotive components are designed and manufactured in Pune, India. Pune, India, India 1958

Business Activity of Mahindra Defence Systems Limited

Mahindra Defence Systems Limited is engaged in principal business activities including manufacturing and information and communication, with detailed activities including electrical equipment, general purpose and special purpose machinery & equipment, transport equipment, other information & communication service activities. The company has 2 registered principal business activity segments, demonstrating its operational diversity and market reach.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
C Manufacturing C10 Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment Locked
J Information and communication J8 Other information & communication service activities Locked
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Auditor Details of Mahindra Defence Systems Limited

Mahindra Defence Systems Limited is audited by B S R & Co. LLP for the financial year 2024. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.

Name Status Appointment Date Cessation Date
B S R & Co. LLP Locked Locked Locked
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Complete auditor history for Mahindra Defence Systems Limited

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Board of Directors and KMP of Mahindra Defence Systems Limited

Mahindra Defence Systems Limited currently reports 6 directors and 1 key managerial person. 24 former directors have served the organization.

Current Directors and KMP
Name Designation Appointment Date Tenure Status
Abanti Sankaranarayanan Director 28 Oct 2022 3 Years 9 Months Current
Mukul Verma Cfo 26 Mar 2014 12 Years 4 Months Current
Vinod Kumar Sahay Director 23 Oct 2024 1 Years 9 Months Current
Raveeswaran Nagarajan Whole-Time Director 16 Jul 2024 2 Years 0 Months Current
Ruzbeh Baman Irani Director 16 Mar 2018 8 Years 4 Months Current
Manaswini Goel Director 15 Jul 2025 1 Years 0 Months Current
Showing 6 of 7 current directors and KMP. View all directors and KMP

Financials of Mahindra Defence Systems Limited FY 2025 filings available

Mahindra Defence Systems Limited reported revenue of ₹992.66 Cr (up 55.00% YoY) for FY 2025.

Revenue · FY 2025
₹992.66 Cr ▲ 55.00%
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Ten-year financial statements for Mahindra Defence Systems Limited

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Ownership and Shareholding of Mahindra Defence Systems Limited

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Shareholding and ownership data for Mahindra Defence Systems Limited

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Group Structure of Mahindra Defence Systems Limited

Mahindra Defence Systems Limited has 1 subsidiary company. This group structure data is as of FY 2023. The corporate group structure reflects Mahindra Defence Systems Limited's business expansion strategy and organizational complexity.

1
Subsidiary companies
Key Subsidiaries
Company Name CIN Shares Held
Mahindra Telephonics Integrated Systems Limited U75302MH2013PLC242268 Locked

Showing major subsidiaries. Total: 1.

Charges & Borrowings of Mahindra Defence Systems Limited

Open charges
₹850 Cr
Satisfied charges
₹338 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹650.00 Cr
Axis Bank Limited₹200.00 Cr
Latest charge details
DateLenderAmountStatus
13 Sep 2021 Axis Bank Limited ₹200 Cr Open
01 Nov 2013 Hdfc Bank Limited ₹650 Cr Open
11 Jan 2016 Hdfc Bank Limited ₹292 Cr Satisfied
14 Nov 2013 Hdfc Bank Limited ₹26 Cr Satisfied
25 Nov 2010 Hdfc Bank Limited ₹20 Cr Satisfied

Total charge records: 5 View all charges

Employees and EPFO Compliance at Mahindra Defence Systems Limited

Mahindra Defence Systems Limited has a workforce of 523 employees as of Apr 09, 2024.

Employee count
523
Active EPFO establishments
3
Employee growth
-3.86%
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Employee and EPFO history for Mahindra Defence Systems Limited

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GST Compliance of Mahindra Defence Systems Limited

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GST registrations and filing compliance for Mahindra Defence Systems Limited

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Credit Ratings, Litigation & Regulatory Alerts for Mahindra Defence Systems Limited

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Credit ratings, litigation, and regulatory alerts for Mahindra Defence Systems Limited

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MSME Payment Delays by Mahindra Defence Systems Limited

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MSME payment history for Mahindra Defence Systems Limited

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Subsidiaries & Group Companies of Mahindra Defence Systems Limited

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Corporate group structure for Mahindra Defence Systems Limited

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MCA Filings & Documents of Mahindra Defence Systems Limited

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MCA filings and documents for Mahindra Defence Systems Limited

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Recent Activity on Mahindra Defence Systems Limited

Directors
26 Aug 2025
Jasbir Solanki was appointed as a Whole-time director on 26 Aug 2025 & has been associated with this company since 11 months 16 days.
Activity
15 Jul 2025
Mahindra Defence Systems Limited last Annual general meeting of members was held on 15 Jul 2025 as per latest MCA records.
Directors
15 Jul 2025
Manaswini Goel was appointed as a Director on 15 Jul 2025 & has been associated with this company since 1 year 27 days.
Activity
31 Mar 2025
Mahindra Defence Systems Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Directors
23 Oct 2024
Vinod Kumar Sahay was appointed as a Director on 23 Oct 2024 & has been associated with this company since 1 year 9 months.
Directors
16 Jul 2024
Raveeswaran Nagarajan was appointed as a Whole-time director on 16 Jul 2024 & has been associated with this company since 2 years 26 days.

Frequently Asked Questions about Mahindra Defence Systems Limited

Mahindra Defence Systems Limited is an active public limited company in the aerospace, maritime and defense sector based in Mumbai, Maharashtra, India. It was incorporated on 30 July 2012 (14+ years old) and is registered under CIN U75220MH2012PLC233889. The company has 523 employees.

Mahindra Defence Systems Limited reported revenue of ₹992.66 Cr for FY 2025 (up 55.00% YoY).

The current directors and KMP of Mahindra Defence Systems Limited are:

The primary industry of Mahindra Defence Systems Limited is aerospace, maritime and defense. The company specifically operates in defence vehicles and armored transport. The company is currently active in this sector.

Mahindra Defence Systems Limited can be reached at the registered office: Mahindra Towers P.K. Kurne Chowk Dr. G. M. Bhosale Marg Worli, Mumbai, Maharashtra, India – 400018, or through the website mahindra.com.

The authorised capital is ₹315 Cr, and the paid-up capital is ₹18.11 Cr.

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Financials, directors, compliance, charges and shareholding - sourced from MCA, SEBI and RBI filings.

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