About Mahindra Water Utilities Limited
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Mahindra Water Utilities Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Mahindra Infrastructure Developers Limited. It operates in the water treatment segment of the environmental services sector. It was incorporated on 10 August 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45205MH1999PLC121235. Its GSTIN is 27AACCM4471A1ZT (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Manoj Kumar Harlalka and Vikram Goel.
Its last annual general meeting (AGM) was held on 16 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Gateway Bldg. Apollo Bunder, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2025, the company reported a revenue of ₹23.37 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹5.83 Cr (net margin 24.9%) and EBITDA of ₹7.87 Cr (EBITDA margin 33.7%). Revenue has grown at a compounded annual rate (CAGR) of 1% over five years.
The company has about 87 employees on its provident fund (EPFO) records.
The company is associated with 3 brands: Mahindra Water Utilities, Mahindra and Mahindra Partners. As per MCA filings, the company has open charges of ₹2 Cr and satisfied charges of ₹1.75 Cr on record. Court records list 2 cases involving the company, including 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mahindrapartners.com.
Company details
CIN history
Mahindra Water Utilities has one previous CIN (Corporate Identification Number): U45205MH2004PTC121235. The current CIN is U45205MH1999PLC121235, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45205MH1999PLC121235 | Current |
| U45205MH2004PTC121235 | Previous |
Contact details
Mahindra Water Utilities Limited's registered office is in Mumbai, Maharashtra. Its website is mahindrapartners.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressGateway Bldg. Apollo Bunder, Mumbai, Maharashtra, India – 400001
- IndustryEnvironment, Water Treatment
To see the full contact details of Mahindra Water Utilities 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
Brands
Mahindra Water Utilities operates multiple associated brands including Mahindra Water Utilities, Mahindra, and Mahindra Partners. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Diversified operations span automotive, agriculture, and financial services. | mahindra.com | |
| Venture capital firm backed by Mahindra group | mahindrapartners.com | |
| Provides comprehensive water management services and solutions. | mwul.com |
Business activity
The main business activity of Mahindra Water Utilities is water supply, sewerage and waste management. In detail, this covers water collection, treatment and supply.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| E | Water supply, sewerage and waste management | E1 | Water collection, treatment and supply |
To see the full business activity and turnover split of Mahindra Water Utilities Limited, buy the company report.
Financials of Mahindra Water Utilities Limited
FY 2025 filings availableMahindra Water Utilities Limited reported revenue of ₹23.37 Cr (up 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 1% over five years, including 3% growth in the latest year. EBITDA rose 2% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹7.87 Cr | ||||
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| Net Profit (PAT) | ₹5.83 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 33.7% | ||||
| Net Profit Margin | 24.9% | ||||
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To see the full financial statements and ratios of Mahindra Water Utilities Limited, buy the company report.
Board of directors of Mahindra Water Utilities Limited
Mahindra Water Utilities has 3 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sriram Kumar Also directs: Mahindra Knowledge Park Mohali Limited, Shreyas Stones Private Limited, Mahindra Blossom Developers Limited and 5 more | Additional Director | 04 Dec 2025 | 0 Years 11 Months | Current |
| Manoj Kumar Harlalka Also directs: Empire Products Ltd, Gromax Agri Equipment Limited, Mahindra Construction Company Limited and 4 more | Director | 01 Apr 2025 | 1 Years 7 Months | Current |
| Vikram Goel Also directs: Mahindra Blossom Developers Limited, Mahindra Kandivali Developers Limited, Moonshine Construction Private Limited and 5 more | Director | 16 Apr 2025 | 1 Years 6 Months | Current |
Auditor
Mahindra Water Utilities Limited is audited by Deloitte Haskins & Sells Chartered Accountants LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Deloitte Haskins & Sells Chartered Accountants LLP | FY 2023 | 117364W/W100739 |
Shareholding
The shareholding of Mahindra Water Utilities 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mahindra Water Utilities Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Aug 2017 | 100120913 | Axis Bank Limited | ₹2 Cr | Open | |
| 23 Jan 2003 | 90148149 | Uti Bank Ltd | ₹1.75 Cr | Satisfied |
To see the full charge records of Mahindra Water Utilities Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Mahindra Water Utilities Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Tiruppur, Tamil Nadu | Motor accident claim | Filed against the company by an individual | Disposed |
| District court, Tiruppur, Tamil Nadu | Motor accident claim | Filed against the company by an individual | Disposed |
To see the full case history of Mahindra Water Utilities 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
Mahindra Water Utilities Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier |
To see the full MSME payment records of Mahindra Water Utilities Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Mahindra Water Utilities Limited has a workforce of 87 employees on its EPFO records as of Jun 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 87 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 | |
| FY 2015-16 |
To see the full employee and EPFO history of Mahindra Water Utilities Limited, buy the company report.
GST
Mahindra Water Utilities has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCM4471A1ZT | Maharashtra | Active | 01 Jul 2017 |
| 33AACCM4471A1Z0 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mahindra Water Utilities Limited, buy the company report.
Recent activity
Mahindra Water Utilities Limited has 20 board changes on record since 2006: 3 appointments and 17 cessations. The latest: Sriram Kumar was appointed as Additional Director on 04 Dec 2025.
14 earlier events are in the company report.
News
Frequently asked questions
Mahindra Water Utilities is an active public limited company based in Mumbai, Maharashtra, India. The company works in water treatment, within the environment industry. It was incorporated on 10 August 1999 (27+ years old) and is registered under CIN U45205MH1999PLC121235.
Mahindra Water Utilities has 3 current directors:
- Sriram Kumar - Additional Director
- Manoj Kumar Harlalka - Director
- Vikram Goel - Director
The latest financial statements of Mahindra Water Utilities on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 16 July 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Mahindra Water Utilities is 27AACCM4471A1ZT, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 33AACCM4471A1Z0 (Tamil Nadu).
The CIN (Corporate Identification Number) of Mahindra Water Utilities is U45205MH1999PLC121235. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mahindra Water Utilities has 2 court cases on record: 2 filed against it.
Mahindra Water Utilities was incorporated on 10 August 1999, making it 27+ years old. It is registered with the Registrar of Companies, Mumbai.
Sriram Kumar was appointed as Additional Director on 04 Dec 2025. Manoj Kumar Harlalka ceased to be Additional Director on 15 Jul 2025. Vikram Goel ceased to be Additional Director on 15 Jul 2025. Mahindra Water Utilities has 20 board changes on record in total.
Mahindra Water Utilities has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 29 May 2019.
Mahindra Water Utilities can be reached through the website mahindrapartners.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Mahindra Water Utilities is at Gateway Bldg. Apollo Bunder, Mumbai, Maharashtra, India – 400001.
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