Mahindra Teqo Private Limited

Mahindra Teqo Private Limited - environment in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U40100MH2016PTC271679 Incorporated 05 January 2016 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company environment MSME · Medium
Data last updated
Revenue · FY 2022
₹130.33 Cr
▲ 47% YoY
Net profit · FY 2022
₹9.38 Cr
Net margin 7.2%
EBITDA · FY 2022
₹16.98 Cr
EBITDA margin 13%
Authorised capital
₹12.5 Lakh
Registered with MCA
Paid-up capital
₹12.5 Lakh
Issued & subscribed
Open charges
₹55 Cr
Secured borrowings
Company age
10 yrs
Est. 2016
Employees · EPFO
317
Provident fund records

About Mahindra Teqo Private Limited

Data last updated:

Mahindra Teqo Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Mahindra Sustainable Energy Private Limited. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 05 January 2016 and has been in existence for over 10 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U40100MH2016PTC271679. Its GSTIN is 27AAKCM1124A1Z1 (Maharashtra). The company holds 15 GST registrations, of which 14 are active.

The company has an authorised share capital of ₹12.5 Lakh and a paid-up capital of ₹12.5 Lakh. It was formerly known as Machinepulse Tech Private Limited. It is led by directors including Mohit Kapoor and Debapratim Hajara.

Its last annual general meeting (AGM) was held on 22 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mahindra Tower Pandurang Budhkar Marg Near Doordarshan Kendra Worli, Mumbai, Maharashtra, India – 400018.

As per the financials filed for FY 2022, the company reported a revenue of ₹130.33 Cr, a growth of 47% compared to the previous year. For the same year it recorded a net profit of ₹9.38 Cr (net margin 7.2%) and EBITDA of ₹16.98 Cr (EBITDA margin 13%). Revenue has grown at a compounded annual rate (CAGR) of 246% over three years.

The company has about 317 employees on its provident fund (EPFO) records.

The company is associated with 3 brands: Machine Pulse, Mahindra and Mahindra Teqo. As per MCA filings, the company has open charges of ₹55 Cr on record. Court records list 5 cases involving the company, including 5 filed against it; 1 case is pending. The company has 3 deals on record (1 secondary share transfer, 1 funding round, 1 acquisition), with disclosed funding of ₹35 Cr; the latest was in September 2023. The company has 1 MSME Form 1 return on record for the period ending Sep 2019, listing 5 overdue payments to 2 micro and small suppliers.

Mahindra Teqo Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0090565). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mahindrateqo.com.

Company details

CIN U40100MH2016PTC271679
Registration Number 271679
Incorporation Date 05 January 2016
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 22 July 2025
Date of Balance Sheet 31 March 2025
Parent Company Mahindra Sustainable Energy Private Limited
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-19-0090565

CIN history

Mahindra Teqo has one previous CIN (Corporate Identification Number): U72300MH2016PTC271679. The current CIN is U40100MH2016PTC271679, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U40100MH2016PTC271679Current
U72300MH2016PTC271679Previous

Recognitions & Rankings of Mahindra Teqo

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-MH-19-0090565

Contact details

Mahindra Teqo Private Limited's registered office is in Mumbai, Maharashtra. Its website is mahindrateqo.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    Mahindra Tower Pandurang Budhkar Marg Near Doordarshan Kendra Worli, Mumbai, Maharashtra, India – 400018
  • Industry
    Environment, Solar Energy Solutions

To see the full contact details of Mahindra Teqo Private Limited, buy the company report.

Comprehensive company report
Mahindra Teqo Private Limited - one report that includes everything
  • 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
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Brands

Mahindra Teqo operates multiple associated brands including Machine Pulse, Mahindra, and Mahindra Teqo. Each brand links to its own profile.

BrandDescriptionWebsite
Offers cloud-based big data analytics and decision science solutions.machinepulse.com
Diversified operations span automotive, agriculture, and financial services.mahindra.com
Renewable energy assets are managed via a tech-enabled platform.mahindrateqo.com

Business activity

The main business activity of Mahindra Teqo is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, Scientific and TechnicalM9Other professional, scientific and technical activities

To see the full business activity and turnover split of Mahindra Teqo Private Limited, buy the company report.

Financials of Mahindra Teqo Private Limited

FY 2025 filings available

Mahindra Teqo Private Limited reported revenue of ₹130.33 Cr (up 47% YoY) for FY 2022.

Revenue · FY 2022
₹130.33 Cr ▲ 47%
Net profit · FY 2022
₹9.38 Cr margin 7.2%
EBITDA · FY 2022
₹16.98 Cr margin 13%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 47%
3 years · compounded
▲ 246%
EBITDA CAGR growth
1 year
▲ 69%
3 years · compounded
▲ 420%

Revenue has grown at a compounded annual rate (CAGR) of 246% over three years, including 47% growth in the latest year. EBITDA rose 69% 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

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profit and Loss Statement
Revenue from Operations₹130.33 Cr
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹16.98 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹9.38 Cr
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

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profitability
EBITDA Margin13%
Net Profit Margin7.2%
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 Teqo Private Limited, buy the company report.

Board of directors of Mahindra Teqo Private Limited

Mahindra Teqo has 4 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors

Auditor

Mahindra Teqo Private Limited is audited by B. K. Khare and Co. for the financial year 2022.

Auditor firmFinancial yearFirm registration number
B. K. Khare and Co.FY 2022105102W

Shareholding

The shareholding of Mahindra Teqo Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Mahindra Teqo Private Limited, buy the company report.

Charges & borrowings

Open charges
₹55 Cr
Satisfied charges
None
Breakdown by lending institutions
Axis Bank Limited₹55.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
21 Dec 2020100403840Axis Bank Limited₹55 CrOpen

To see the full charge records of Mahindra Teqo Private Limited, buy the company report.

Total charge records: 1 View all charges

Deals & funding

Mahindra Teqo Private Limited has 3 deals on record (1 secondary share transfer, 1 funding round, 1 acquisition), with disclosed funding of ₹35 Cr; the latest was in September 2023.

Total deals
3
Secondary share transfer
1
Funding round
1
Acquisition
1
Disclosed funding
₹35 Cr

Deals on record (3 of 3)

WhenDealAmountParties
Sep 2023Funding round₹35 CrInvestors: 2726522 Ontario Limited
Dec 2022Secondary share transferUndisclosedBuyer: Mahindra Sustainable Energy Private Limited
Seller: Mahindra Susten Private Limited
Mar 2019Acquisition₹5 LakhBuyer: Mahindra Susten Private Limited

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Mahindra Teqo Private Limited has 1 MSME Form 1 return on record for the period ending Sep 2019, listing 5 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (2 of 2)

SupplierAmount dueDue sinceReported on
an individual supplier
an individual supplier

To see the full MSME payment records of Mahindra Teqo Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Mahindra Teqo Private Limited has a workforce of 317 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.

Employee count
317
Active EPFO establishments
1
Employee growth
13.21%

GST

Mahindra Teqo has 15 GST registrations: 14 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
15
Active
14
Cancelled / inactive
1
GSTINStateStatusRegistered on
27AAKCM1124A1Z1MaharashtraActive01 Jul 2017
37AAKCM1124A1Z0Andhra PradeshActive07 Feb 2019
36AAKCM1124A1Z2TelanganaActive12 Mar 2019
09AAKCM1124A1ZZUttar PradeshActive30 Apr 2019

To see the full GST registrations and return filing status of Mahindra Teqo Private Limited, buy the company report.

Recent activity

Mahindra Teqo Private Limited has 19 board changes on record since 2019: 6 appointments and 13 cessations. The latest: Avinash Ashok Bapat was appointed as Additional Director on 20 Nov 2025.

Appointed
Avinash Ashok Bapat was appointed as Additional Director.
Appointed
Avinash Prabhakar Rao was appointed as Additional Director.
AGM
Mahindra Teqo Private Limited last Annual general meeting of members was held on 22 Jul 2025 as per latest MCA records.
Ceased
Divya Gulati ceased to be Additional Director.
Filing
Mahindra Teqo Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Appointed
Divya Gulati was appointed as Director.
Ceased
Rajesh Channakeshaviah Bukinkere ceased to be CEO.
Appointed
Debapratim Hajara was appointed as Director.
Ceased
Debapratim Hajara ceased to be Additional Director.
Ceased
Bharat Goenka ceased to be Additional Director.
Ceased
Mohit Kapoor ceased to be Additional Director.
Appointed
Mohit Kapoor was appointed as Director.

12 earlier events are in the company report.

Frequently asked questions

Mahindra Teqo is an active private limited company based in Mumbai, Maharashtra, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 05 January 2016 (10+ years old) and is registered under CIN U40100MH2016PTC271679.

Mahindra Teqo has 4 current directors:

The latest financial statements of Mahindra Teqo on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 22 July 2025. Year-wise statements from FY 2016 are in the company report.

The GSTIN of Mahindra Teqo is 27AAKCM1124A1Z1, registered in Maharashtra. The company has 15 GST registrations in all, of which 14 are active and 1 is cancelled or inactive. Other active GSTINs include 37AAKCM1124A1Z0 (Andhra Pradesh), 36AAKCM1124A1Z2 (Telangana), 09AAKCM1124A1ZZ (Uttar Pradesh).

The CIN (Corporate Identification Number) of Mahindra Teqo is U40100MH2016PTC271679. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Mahindra Teqo has 5 court cases on record: 5 filed against it. 1 is pending. Most are in the district courts.

Mahindra Teqo was incorporated on 05 January 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.

Mahindra Teqo has 3 deals on record (1 secondary share transfer, 1 funding round, 1 acquisition), with disclosed funding of ₹35 Cr; the latest was in September 2023.

Avinash Ashok Bapat was appointed as Additional Director on 20 Nov 2025. Avinash Prabhakar Rao was appointed as Additional Director on 30 Oct 2025. Divya Gulati ceased to be Additional Director on 21 Jul 2025. Mahindra Teqo has 19 board changes on record in total.

Yes, Mahindra Teqo is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-19-0090565).

Mahindra Teqo has 1 MSME Form 1 return on record for the period ending Sep 2019, listing 5 overdue payments to 2 micro and small suppliers. The latest return was filed on 17 Nov 2019.