About Mahindra Gears & Transmissions Private Limited
Data last updated:
Mahindra Gears & Transmissions Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Mahindra Cie Automotive 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 auto parts and components segment of the automotive sector. It was incorporated on 27 August 2004.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U29130MH2004PTC168150. Its GSTIN is 27AAICS3642R1ZN (Maharashtra). The company held 2 GST registrations, all of them active.
The company had an authorised share capital of ₹25 Cr and a paid-up capital of ₹15.11 Cr. It was led by directors including Manoj Mullassery Menon and Pedro Jesus Echegaray Larrea.
Its last annual general meeting (AGM) was held on 27 April 2017, and its latest financial statements are for the year ended 31 December 2016. The registered office was at Mahindra Towers P.K. Kurne Chowk Worli, Mumbai, Maharashtra, India – 400018.
As per the financials filed for FY 2015, the company reported a revenue of ₹128.48 Cr, a decline of 14% compared to the previous year. For the same year it recorded a net loss of ₹37.3 Lakh (net margin -0.3%) and EBITDA of ₹12.19 Cr (EBITDA margin 9.5%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years.
As per MCA filings, the company had open charges of ₹35 Cr and satisfied charges of ₹168.8 Cr on record. Court records list 1 case involving the company, including 1 filed by the company. The company has 9 deals on record (7 secondary share transfers, 2 funding rounds), with disclosed funding of ₹41.14 Cr; the latest was in April 2017.
The last known website on record is mahindracie.com.
Company details
CIN history
Mahindra Gears & Transmissions has one previous CIN (Corporate Identification Number): U29130GJ2004PTC044655. The current CIN is U29130MH2004PTC168150, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29130MH2004PTC168150 | Current |
| U29130GJ2004PTC044655 | Previous |
Contact details
Mahindra Gears & Transmissions Private Limited's registered office is in Mumbai, Maharashtra. Its website is mahindracie.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressMahindra Towers P.K. Kurne Chowk Worli, Mumbai, Maharashtra, India – 400018
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of Mahindra Gears & Transmissions 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
Financials of Mahindra Gears & Transmissions Private Limited
FY 2016 filings availableMahindra Gears & Transmissions Private Limited reported revenue of ₹128.48 Cr (down 14% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 2% over three years, including a 14% fall in the latest year. EBITDA fell 39% 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 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | ₹128.48 Cr |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹12.19 Cr |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | -₹37.3 Lakh |
| Balance Sheet | |
| Share Capital | |
| Reserves and Surplus | |
| Net Worth (Total Equity) | |
| Long-term Borrowings | |
| Short-term Borrowings | |
| Trade Payables | |
| Total Liabilities | |
| Fixed Assets | |
| Investments | |
| Inventories | |
| Trade Receivables | |
| Cash and Bank Balance | |
| Total Assets | |
Financial Ratios
| Metrics | FY 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | 9.5% |
| Net Profit Margin | -0.3% |
| Return on Equity (ROE) | |
| Return on Capital Employed (ROCE) | |
| Return on Assets (ROA) | |
| Liquidity and Debt | |
| Current Ratio | |
| Quick Ratio | |
| Debt-to-Equity Ratio | |
| Interest Coverage Ratio | |
| Efficiency and Growth | |
| Asset Turnover | |
| Receivable Days | |
| Payable Days | |
| Inventory Days | |
| Revenue Growth | |
| Net Profit Growth | |
To see the full financial statements and ratios of Mahindra Gears & Transmissions Private Limited, buy the company report.
Board of directors of Mahindra Gears & Transmissions Private Limited
Mahindra Gears & Transmissions has 6 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manoj Mullassery Menon | Director | 24 Oct 2016 | 10 Years 0 Months | As last reported |
| Pedro Jesus Echegaray Larrea | Director | 20 Mar 2015 | 11 Years 7 Months | As last reported |
| Romesh Kaul | Director | 21 Aug 2006 | 20 Years 2 Months | As last reported |
| Stefano Scutigliani | Director | 23 Feb 2017 | 9 Years 8 Months | As last reported |
| Daljit Lilaram Mirchandani | Director | 30 Mar 2015 | 11 Years 7 Months | As last reported |
| Manojkumar Madangopal Maheshwari Also directs: Algo Vantage LLP, RPG Life Sciences Limited, Maheshwari Investors Private Limited and 2 more | Director | 30 Mar 2015 | 11 Years 7 Months | As last reported |
Auditor
Mahindra Gears & Transmissions Private Limited is audited by DELOITTE HASKINS & SELLS for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DELOITTE HASKINS & SELLS | FY 2015 | 117365W |
Shareholding
The shareholding of Mahindra Gears & Transmissions Private Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Mahindra Gears & Transmissions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Aug 2016 | 100051795 | Others | ₹35 Cr | Open | |
| 29 Mar 2014 | 10489787 | Axis Bank Limited | ₹56.5 Cr | Satisfied | |
| 12 Dec 2012 | 10396596 | Ing Vysya Bank Limited | ₹42 Cr | Satisfied | |
| 19 May 2012 | 10358814 | Ing Vysya Bank Limited | ₹32 Cr | Satisfied | |
| 19 May 2012 | 10357933 | Ing Vysya Bank Limited | ₹10 Cr | Satisfied |
To see the full charge records of Mahindra Gears & Transmissions Private Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Mahindra Gears & Transmissions Private Limited has 9 deals on record (7 secondary share transfers, 2 funding rounds), with disclosed funding of ₹41.14 Cr; the latest was in April 2017.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2013 | Secondary share transfer | Undisclosed | Buyer: Mahindra Investments (India) Private Lim Ited Seller: Mahindra Logistics Limited , Mahindra & Mahindra Limited & Narayan Shankar |
| May 2011 | Funding round | ₹34 Cr | Investors: Mahindra Logistics Limited |
| Jul 2010 | Secondary share transfer | Undisclosed | Buyer: Icici Venture Seller: Mahindra Logistics Limited |
| Jul 2009 | Secondary share transfer | Undisclosed | Buyer: Mahindra Logistics Limited , Mahindra & Mahindra Limited & Narayan Shankar Seller: Sar Auto Products Limiteed, Sar Auto Products Ltd & Shreyas Virani |
| Apr 2007 | Funding round | ₹7.14 Cr | Investors: Mahindra Logistics Limited |
To see the full deal history of Mahindra Gears & Transmissions Private 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
Mahindra Gears & Transmissions Private Limited has 1 court case on record: 1 filed by Mahindra Gears & Transmissions. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Special civil application | Filed by the company against Silver Laminates Pvt.Ltd and 3 others | Disposed |
To see the full case history of Mahindra Gears & Transmissions Private 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 Gears & Transmissions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mahindra Gears & Transmissions has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICS3642R1ZN | Maharashtra | Active | 01 Jul 2017 |
| 24AAICS3642R1ZT | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mahindra Gears & Transmissions Private Limited, buy the company report.
Recent activity
Mahindra Gears & Transmissions Private Limited has 20 board changes on record since 2006: 6 appointments and 14 cessations. The latest: Manoj Mullassery Menon ceased to be Additional Director on 27 Apr 2017.
26 earlier events are in the company report.
News
Frequently asked questions
Mahindra Gears & Transmissions 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 Gears & Transmissions was a private limited company based in Mumbai, Maharashtra, India. The company worked in auto parts and components, within the automotive industry. It was incorporated on 27 August 2004 and is registered under CIN U29130MH2004PTC168150. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Mahindra Gears & Transmissions was incorporated on 27 August 2004. It is registered with the Registrar of Companies, Mumbai.
Mahindra Gears & Transmissions had 6 directors:
- Manoj Mullassery Menon - Director
- Pedro Jesus Echegaray Larrea - Director
- Romesh Kaul - Director
- Stefano Scutigliani - Director
- Daljit Lilaram Mirchandani - Director
- Manojkumar Madangopal Maheshwari - Director
The CIN (Corporate Identification Number) of Mahindra Gears & Transmissions is U29130MH2004PTC168150. 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 Gears & Transmissions is at Mahindra Towers P.K. Kurne Chowk Worli, Mumbai, Maharashtra, India – 400018.
Mahindra Gears & Transmissions can be reached through the website mahindracie.com. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Mahindra Gears & Transmissions on record with the MCA are for the year ended 31 December 2016. Its last annual general meeting was held on 27 April 2017. Year-wise statements from 2015 are in the company report.
The GSTIN of Mahindra Gears & Transmissions is 27AAICS3642R1ZN, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AAICS3642R1ZT (Gujarat).
Mahindra Gears & Transmissions operated in the automotive industry, in the auto parts and components segment.
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