Mahindra Heavy Engines Limited - Company Profile

It is a automotive public limited company based in Mumbai, Maharashtra, India, established in 2007.
2007 Mumbai, Maharashtra, India Amalgamated
Last Updated:
Access Report
About Mahindra Heavy Engines Limited

Mahindra Heavy Engines Limited, a amalgamated public limited company, was established on 09 April 2007 in Mumbai, Maharashtra, India. Engaging in auto parts & components within the manufacturing sector, it holds CIN: U35914MH2007PLC169753. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹800.00 Cr and a paid-up capital of ₹634.40 Cr.

Formerly known as Mim Engines India Private Limited, Mahindra Heavy Engines Limited. It upholds a compliant status. Employing 264 professional, Its leadership includes Kiran Nilkanth Bade (Company Secretary), Vinay Digamber Khanolkar (Director), Shrikant Raghunath Marathe (Director). Past directors included Andrew Joseph Cederoth, Balavijayan Nagarajan, Jose Eduardo Castro Luzzi. It holds no open charges and ₹325.74 Cr settled loans. Its latest AGM occurred on 09 May 2024, with the balance sheet filed on 31 March 2024. It is based at Mahindra Towers, Dr. G.M Bhosale Marg, P.K. Kurne, Worli, India, Mumbai, Maharashtra, 400001.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U35914MH2007PLC169753

  • Registration Number

    169753

  • Incorporation Date

    09 April 2007

  • Authorized Capital

    ₹800.00 Cr

  • Paid-Up Capital

    ₹634.40 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Amalgamated

Key Metrics
  • Authorised Capital ₹ 800.00 Cr
  • Paid Up Capital ₹ 634.40 Cr
  • Company Age 18 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 325.74 Cr
  • Revenue Growth **** 22.36%
  • Profit Growth **** 18.88%
  • Ebitda **** 19.70%
  • Net Worth -11.88%
  • Total Assets -6.73%
Company report

Mahindra Heavy Engines Limited

Company Report FY 2025-2026

Comprehensive Company Insights

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

Access Report
Who are the key members and board of directors at Mahindra Heavy Engines Limited?
Current Directors
Name Designation Appointment Date Status
Kiran Nilkanth Bade Company Secretary 31 Mar 2014 Current
Vinay Digamber Khanolkar Director 12 Jun 2023 Current
Shrikant Raghunath Marathe Director 31 Mar 2015 Current
Smita Piyush Mankad Director 20 Apr 2020 Current
Nozar Cavas Bharucha Director 12 Jun 2023 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 11 Feb 2013 Past
Pramod Abcsdd Ceo(Kmp) 22 Oct 2016 Past
Pramod Abcsdd Additional Director 05 Aug 2010 Past
Pramod Abcsdd Director 31 Mar 2016 Past
Pramod Abcsdd Additional Director 31 Jul 2008 Past
Pramod Abcsdd Additional Director 24 Aug 2015 Past

Discover detailed profiles of directors and KMP - Unlock leadership insights today!

Financial Performance of Mahindra Heavy Engines.

Mahindra Heavy Engines Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 22.36% increase. The company also saw a substantial improvement in profitability, with a 18.88% increase in profit. The company's net worth observed a substantial decline by a decrease of 11.88%.

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

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
********
 22.36%
*******
*******
*******
*******
Revenue from Operations
*******
 22.61%
*******
*******
*******
*******
Total Assets
*******
 -6.73%
*******
*******
*******
*******
Profit or Loss
*******
 18.88%
*******
*******
*******
*******
Net Worth
*******
 -11.88%
*******
*******
*******
*******
EBITDA
*******
 19.70%
*******
*******
*******
*******

Discover detailed financial data and - Unlock financial today!

What is the Ownership and Shareholding Structure of Mahindra Heavy Engines?

In 2024, Mahindra Heavy Engines had a promoter holding of 100.00%. 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

Reveal ownership structures and financial performance - Get instant access now!

Charges (Loans)
Open Charges

₹0

Satisfied Charges

₹3,257,353,668.00

Charges Breakdown by Lending Institutions
  • Kotak Mahindra Bank Limited : 200.00 Cr
  • Others : 115.74 Cr
  • Hdfc Bank Limited : 10.00 Cr
Latest Charge Details
Date Lender Amount Status
20 Sep 2022 Hdfc Bank Limited ₹10.00 Cr Satisfied
29 Mar 2017 Others ₹115.00 Cr Satisfied
11 Aug 2015 Kotak Mahindra Bank Limited ₹200.00 Cr Satisfied
23 Jun 2010 Others ₹7.35 M Satisfied

Explore comprehensive loan charge details -

How Many Employees Work at Mahindra Heavy Engines?

Mahindra Heavy Engines has a workforce of 264 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 Heavy Engines, 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 Heavy Engines'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.

Explore deal ratings and alerts - Get instant access now!

Latest Updates, News, and FAQs on Mahindra Heavy Engines
Recent Activity within the Organization
  • Annual General Meeting

    The activity Mahindra Heavy Engines Limited last Annual general meeting of members was held on 09 May 2024 as per latest MCA records. was completed.

  • Charges

    Progress on A charge registered on 20 Sep 2022 via Charge ID 100616301 with Hdfc Bank Limited was fully satisfied on 15 Apr 2024. was documented.

  • Balance Sheet

    Mahindra Heavy Engines Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was recorded as a recent event.

  • Director Appointment

    The activity Vinay Digamber Khanolkar was appointed as a Director was appointed as a Director on 12 Jun 2023 & has been associated with this company since 2 years 8 months . was completed.

  • Director Appointment

    Nozar Cavas Bharucha was appointed as a Director was appointed as a Director on 12 Jun 2023 & has been associated with this company since 2 years 8 months . was recorded as a recent event.

  • Charges

    Progress on A charge with Hdfc Bank Limited amounted to Rs. 10.00 Cr with Charge ID 100616301 was registered on 20 Sep 2022. was documented.

Explore recent activity and updates - View Recent Activity

Recent News, Updates & Announcement
  • Mahindra Heavy Engines 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 Heavy Engines 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 Heavy Engines 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 Heavy Engines 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 Heavy Engines news update on market trends
    Shares worth Rs 2,184 crore change hands; promoter likely seller.

    Moneycontrol

  • Mahindra Heavy Engines news update on market trends
    Exclusive: M&M promoter entity looking to sell stake worth $215 mn via block deal.

    Moneycontrol

Explore news and more updates - View Recent News

Frequently Asked Questions
What is the CIN of Mahindra Heavy Engines Limited?

The CIN of Mahindra Heavy Engines Limited is U35914MH2007PLC169753.

Where is Mahindra Heavy Engines Limited headquartered?

Mahindra Heavy Engines Limited is headquartered at Mahindra Towers, Dr. G.M Bhosale Marg, P.K. Kurne, Worli, India, Mumbai, Maharashtra, 400001.

When was Mahindra Heavy Engines Limited incorporated?

Mahindra Heavy Engines Limited was incorporated on 09 April 2007.

Who are the current directors of Mahindra Heavy Engines Limited?

The current directors of Mahindra Heavy Engines Limited are

What is the primary industry of Mahindra Heavy Engines Limited?

The primary industry of Mahindra Heavy Engines Limited is Manufacturing.

Is Mahindra Heavy Engines Limited a listed company?

Mahindra Heavy Engines Limited is unlisted.

What is the capital structure of Mahindra Heavy Engines Limited?

The authorized capital of Mahindra Heavy Engines Limited is ₹800.00 Cr, and the paid-up capital is ₹634.40 Cr.

What is the compliance status of Mahindra Heavy Engines Limited?

The compliance status of Mahindra Heavy Engines Limited is Compliant.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available