Mahindra Defence Systems Limited - Company Profile

It is a aerospace, maritime and defense public limited company based in Mumbai, Maharashtra, India, established in 2012.
2012 Mumbai, Maharashtra, India Active
Last Updated:
About Mahindra Defence Systems Limited

Mahindra Defence Systems Limited, a active public limited company, was established on 30 July 2012 in Mumbai, Maharashtra, India. Engaging in defence vehicles & armored transport within the information and communication sector, it holds CIN: U75220MH2012PLC233889. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹315.00 Cr and a paid-up capital of ₹18.11 Cr.

It upholds a compliant status. Employing 523 professional, Its leadership includes Abanti Sankaranarayanan (Director), Mukul Verma (Cfo), Vinod Kumar Sahay (Director). Past directors included Abanti Sankaranarayanan, Shriprakash Shukla, Durgashankar Subramaniam. It holds ₹850.00 Cr open charges and ₹338.00 Cr settled loans. Its latest AGM occurred on 15 July 2025, with the balance sheet filed on 31 March 2025. It is based at Mahindra Towers, P.K. Kurne Chowk, Dr. G. M. Bhosale Marg, Worli, Mumbai, Maharashtra, 400018.

Company Details
  • Email
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  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U75220MH2012PLC233889

  • Registration Number

    233889

  • Incorporation Date

    30 July 2012

  • Authorized Capital

    ₹315.00 Cr

  • Paid-Up Capital

    ₹18.11 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 315.00 Cr
  • Paid Up Capital ₹ 18.11 Cr
  • Company Age 13 Year, 6 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 850.00 Cr
  • Satisfied Charges ₹ 338.00 Cr
  • Revenue Growth **** 69.01%
  • Profit Growth **** -37.60%
  • Ebitda **** -39.01%
  • Net Worth 5.15%
  • Total Assets **** 15.82%
Company report

Mahindra Defence Systems Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Mahindra Defence Systems Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Mahindra Defence Systems Limited?
Current Directors
Name Designation Appointment Date Status
Abanti Sankaranarayanan Director 28 Oct 2022 Current
Mukul Verma Cfo 26 Mar 2014 Current
Vinod Kumar Sahay Director 23 Oct 2024 Current
Raveeswaran Nagarajan Whole-Time Director 16 Jul 2024 Current
Ruzbeh Baman Irani Director 16 Mar 2018 Current
Manaswini Goel Director 15 Jul 2025 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 25 Jun 2023 Past
Pramod Abcsdd Director 09 Feb 2017 Past
Pramod Abcsdd Additional Director 25 Jun 2023 Past
Pramod Abcsdd Director 02 Aug 2018 Past
Pramod Abcsdd Director 01 May 2019 Past
Pramod Abcsdd Additional Director 14 May 2020 Past

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Financial Performance of Mahindra Defence Systems.

Mahindra Defence Systems Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 69.01% increase. The company also saw a substantial fall in profitability, with a 37.6% decrease in profit. The company's net worth moved up by a moderate rise of 5.15%.

Mahindra Defence Systems revenue growth over time
Mahindra Defence Systems profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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69.01%
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Revenue from Operations
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73.31%
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Total Assets
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15.82%
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Profit or Loss
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-37.60%
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Net Worth
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5.15%
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EBITDA
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-39.01%
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*******
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What is the Ownership and Shareholding Structure of Mahindra Defence Systems?

In 2023, Mahindra Defence Systems had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹8,500,000,000.00

Satisfied Charges

₹3,380,000,000.00

Charges Breakdown by Lending Institutions
  • Hdfc Bank Limited : 650.00 Cr
  • Axis Bank Limited : 200.00 Cr
Latest Charge Details
Date Lender Amount Status
13 Sep 2021 Axis Bank Limited ₹200.00 Cr Open
01 Nov 2013 Hdfc Bank Limited ₹650.00 Cr Open
11 Jan 2016 Hdfc Bank Limited ₹292.00 Cr Satisfied
14 Nov 2013 Hdfc Bank Limited ₹26.00 Cr Satisfied
25 Nov 2010 Hdfc Bank Limited ₹20.00 Cr Satisfied

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How Many Employees Work at Mahindra Defence Systems?

Mahindra Defence Systems has a workforce of 523 employees as of Apr 09, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mahindra Defence Systems, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Mahindra Defence Systems's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Mahindra Defence Systems
Recent Activity within the Organization
  • Director Appointment

    The activity Jasbir Solanki was appointed as a Whole-time director was appointed as a Whole-time director on 26 Aug 2025 & has been associated with this company since 5 months 16 days . was completed.

  • Annual General Meeting

    The activity Mahindra Defence Systems Limited last Annual general meeting of members was held on 15 Jul 2025 as per latest MCA records. was completed.

  • Director Appointment

    Manaswini Goel was appointed as a Director was appointed as a Director on 15 Jul 2025 & has been associated with this company since 6 months 28 days . was recorded as a recent event.

  • Balance Sheet

    Progress on Mahindra Defence Systems Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was documented.

  • Director Appointment

    Vinod Kumar Sahay was appointed as a Director was appointed as a Director on 23 Oct 2024 & has been associated with this company since 1 year 3 months . was recorded as a recent event.

  • Director Appointment

    Progress on Raveeswaran Nagarajan was appointed as a Whole-time director was appointed as a Whole-time director on 16 Jul 2024 & has been associated with this company since 1 year 6 months . was documented.

Explore recent activity and updates - View Recent Activity

Recent News, Updates & Announcement
  • Mahindra Defence Systems news update on market trends
  • Mahindra Defence Systems news update on market trends
    Mahindra & Adani Partner to Expand EV Charging Network Across India, Tata Power and Oil Companies Join In.

    Mahindra & Mahindra, a car company, teamed up with Adani Total Energies E-Mobility to build electric vehicle charging stations all over India. This will make it easier for people to charge their electric cars and help India reach its climate goals. Mahindra XUV400 owners can now access over 1,100 chargers through the Bluesense+ app. Tata Power is also installing over 500 charging points across India, with a market share of 60%. Oil companies are also starting to offer EV charging at their petrol pumps..

    Business Today

  • Mahindra Defence Systems news update on market trends
    Mahindra & Mahindra and Adani Total Energies Team Up to Bring Electric SUVs to India! 🚗⚡️ #EcoFriendlyGoals #PartnershipGoals #SustainableRides.

    Mahindra & Mahindra + Adani Total Energies = SUVs go electric in India! 🚗⚡️ #EcoFriendlyGoals #PartnershipGoals #SustainableRides.

    Blogger

  • Mahindra Defence Systems news update on market trends
    Bandhan Bank and M&M sign MoU to offer attractive commercial vehicle and equipment financing solutions.

    Mumbai, March 19, 2024:  Bandhan Bank, one of India’s fastest-growing private sector banks has signed a Memorandum of Understanding (MoU) with Mahindra & Mahindra, a leading commercial vehicle manufacturer of the country, to offer convenient fina.

    OdishaDiary

  • Mahindra Defence Systems news update on market trends
    Thrust Zone.

    Mahindra, which has recently spent a lot of time at the trademark office, has registered other names, which could be used for its upcoming electric cars. XUV 7XO, XUV 1X0, XUV 5XO, XUV 3XO. The XUV 3XO can be used for the Mahindra XUV400 facelift scheduled to launch this year. But since this model is already in the market, Mahindra can launch a sub-4 meter version of the XUV400 and use the new name, which is said to be in the making. The above names refer to electric vehicle models already on the market (XUV400) or introduced by the car manufacturer (XUV e8). But the remaining two names – XUV 5XO and XUV 1XO – could indicate upcoming electric models from Mahindra. The XUV 5XO is expected to be a Creta-sized electric SUV, a rival to the upcoming MG ZS EV and Tata Curvv EV. The only electric SUV in India. With these 4 models, Mahindra will have an electric SUV in all popular SUV segments. XUV 1X0 will be the KUV 100 Electric which almost saw a launch and was forgotten entirely after 2021. Also announced and launched in 2022, Mahindra has announced a new line of all-electric SUVs – the BE series. They must have the same name assigned to them at presentation time. The BE 05, BE 07 and BE 09 will be stand-alone models and will be different from other Mahindra electric vehicles as they will be built on a new dedicated platform as part of the Born Electric range. The electric version of the Mahindra XUV700 is expected to launch later this year. As for the BE series, BE 05, scheduled to launch at the end of 2025, will be the first product in this product line to enter the market..

    Thrust Zone

  • Mahindra Defence Systems news update on market trends

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Frequently Asked Questions
What is the CIN of Mahindra Defence Systems Limited?

The CIN of Mahindra Defence Systems Limited is U75220MH2012PLC233889.

Where is Mahindra Defence Systems Limited headquartered?

Mahindra Defence Systems Limited is headquartered at Mahindra Towers, P.K. Kurne Chowk, Dr. G. M. Bhosale Marg, Worli, Mumbai, Maharashtra, 400018.

When was Mahindra Defence Systems Limited incorporated?

Mahindra Defence Systems Limited was incorporated on 30 July 2012.

Who are the current directors of Mahindra Defence Systems Limited?

The current directors of Mahindra Defence Systems Limited are

What is the primary industry of Mahindra Defence Systems Limited?

The primary industry of Mahindra Defence Systems Limited is Information And Communication.

Is Mahindra Defence Systems Limited a listed company?

Mahindra Defence Systems Limited is unlisted.

What is the capital structure of Mahindra Defence Systems Limited?

The authorized capital of Mahindra Defence Systems Limited is ₹315.00 Cr, and the paid-up capital is ₹18.11 Cr.

What is the compliance status of Mahindra Defence Systems Limited?

The compliance status of Mahindra Defence Systems Limited is Compliant.

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