Mahindra Water Utilities Limited

Mahindra Water Utilities Limited - environment in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U45205MH1999PLC121235 Incorporated 10 August 1999 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Public Limited Company environment
Data last updated
Revenue · FY 2025
₹23.37 Cr
▲ 3% YoY
Net profit · FY 2025
₹5.83 Cr
Net margin 24.9%
EBITDA · FY 2025
₹7.87 Cr
EBITDA margin 33.7%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Open charges
₹2 Cr
Satisfied ₹1.75 Cr
Company age
27 yrs
Est. 1999
Employees · EPFO
87
Provident fund records

About Mahindra Water Utilities Limited

Data last updated:

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 U45205MH1999PLC121235
Registration Number 121235
Incorporation Date 10 August 1999
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 16 July 2025
Date of Balance Sheet 31 March 2025
Parent Company Mahindra Infrastructure Developers Limited
Compliance Status Active Compliant

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.

CINStatus
U45205MH1999PLC121235Current
U45205MH2004PTC121235Previous

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
  • Social Media
  • Registered Address
    Gateway Bldg. Apollo Bunder, Mumbai, Maharashtra, India – 400001
  • Industry
    Environment, Water Treatment

To see the full contact details of Mahindra Water Utilities Limited, buy the company report.

Comprehensive company report
Mahindra Water Utilities 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 Water Utilities operates multiple associated brands including Mahindra Water Utilities, Mahindra, and Mahindra Partners. Each brand links to its own profile.

BrandDescriptionWebsite
Diversified operations span automotive, agriculture, and financial services.mahindra.com
Venture capital firm backed by Mahindra groupmahindrapartners.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 codeMain activityBusiness activity codeBusiness activityShare of turnover
EWater supply, sewerage and waste managementE1Water 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 available

Mahindra Water Utilities Limited reported revenue of ₹23.37 Cr (up 3% YoY) for FY 2025.

Revenue · FY 2025
₹23.37 Cr ▲ 3%
Net profit · FY 2025
₹5.83 Cr margin 24.9%
EBITDA · FY 2025
₹7.87 Cr margin 33.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 3%
5 years · compounded
▲ 1%
EBITDA CAGR growth
1 year
▲ 2%
3 years · compounded
▼ 7%
5 years · compounded
▼ 5%

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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹7.87 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹5.83 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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin33.7%
Net Profit Margin24.9%
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 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.

Current Directors
NameDesignationAppointment DateTenureStatus
Sriram KumarAdditional Director04 Dec 20250 Years 11 MonthsCurrent
Manoj Kumar HarlalkaDirector01 Apr 20251 Years 7 MonthsCurrent
Vikram GoelDirector16 Apr 20251 Years 6 MonthsCurrent

Auditor

Mahindra Water Utilities Limited is audited by Deloitte Haskins & Sells Chartered Accountants LLP for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Deloitte Haskins & Sells Chartered Accountants LLPFY 2023117364W/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 categoryFY 2023FY 2022FY 2021FY 2017FY 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

Open charges
₹2 Cr
Satisfied charges
₹1.75 Cr
Breakdown by lending institutions
Axis Bank Limited₹2.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
16 Aug 2017100120913Axis Bank Limited₹2 CrOpen
23 Jan 200390148149Uti Bank Ltd₹1.75 CrSatisfied

To see the full charge records of Mahindra Water Utilities Limited, buy the company report.

Total charge records: 2 View all charges

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)

SupplierAmount dueDue sinceReported 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.

Employee count
87
Active EPFO establishments
1
Employee growth
-1.1%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2026-2787
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.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
27AACCM4471A1ZTMaharashtraActive01 Jul 2017
33AACCM4471A1Z0Tamil NaduActive01 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.

Appointed
Sriram Kumar was appointed as Additional Director.
AGM
Mahindra Water Utilities Limited last Annual general meeting of members was held on 16 Jul 2025 as per latest MCA records.
Ceased
Manoj Kumar Harlalka ceased to be Additional Director.
Ceased
Vikram Goel ceased to be Additional Director.
Appointed
Vikram Goel was appointed as Director.
Appointed
Manoj Kumar Harlalka was appointed as Director.
Filing
Mahindra Water Utilities Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Amit Kumar Sinha ceased to be Additional Director.
Ceased
Avinash Ashok Bapat ceased to be Additional Director.
Ceased
Arvind Subramanian ceased to be Additional Director.
Ceased
Vimal Agarwal ceased to be Additional Director.
Ceased
Srinath Ramamurthy ceased to be Director.

14 earlier events are in the company report.

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:

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.