Mahindralal Leasing Private Limited
About Mahindralal Leasing Private Limited
Data last updated:
Mahindralal Leasing Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 24 June 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70100MH2005PTC154204. Its GSTIN is 27AAECM3009J1ZK (Maharashtra).
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Madhuri Harish Khushalani and Harish Rewachand Khushalani.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 1405 Polaris Chsl Hiranandani Estate Off Gb Road Patlipada Thane (West), Maharashtra, India – 400607.
As per the financials filed for FY 2024, the company reported a revenue of ₹15.37 Lakh, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹9.68 Lakh (net margin 63%) and EBITDA of ₹13.14 Lakh (EBITDA margin 85.5%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 7% over five years.
As per MCA filings, the company has satisfied charges of ₹22.8 Lakh on record. Court records list 4 cases involving the company, including 4 filed against it; 4 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Mahindralal Leasing Private Limited's registered office is in Thane, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address1405 Polaris Chsl Hiranandani Estate Off Gb Road Patlipada Thane (West), Maharashtra, India – 400607
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Mahindralal Leasing 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
Business activity
The main business activity of Mahindralal Leasing is real estate activities. In detail, this covers real estate activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real estate activities | 68 | Real estate activities |
To see the full business activity and turnover split of Mahindralal Leasing Private Limited, buy the company report.
Financials of Mahindralal Leasing Private Limited
FY 2025 filings availableMahindralal Leasing Private Limited reported revenue of ₹15.37 Lakh (up 3% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 3% growth in the latest year. EBITDA rose 32% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹13.14 Lakh | ||||
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| Net Profit (PAT) | ₹9.68 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 85.5% | ||||
| Net Profit Margin | 63% | ||||
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To see the full financial statements and ratios of Mahindralal Leasing Private Limited, buy the company report.
Board of directors of Mahindralal Leasing Private Limited
Mahindralal Leasing has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Madhuri Harish Khushalani | Director | 10 Apr 2017 | 9 Years 7 Months | Current |
| Harish Rewachand Khushalani | Director | 16 Oct 2006 | 20 Years 0 Months | Current |
| Minal Harish Khushalani | Director | 12 Aug 2024 | 2 Years 3 Months | Current |
| Pranav Harish Khushalani | Director | 12 Aug 2024 | 2 Years 3 Months | Current |
Auditor
Mahindralal Leasing Private Limited is audited by B N C A & ASSOCIATES LLP for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B N C A & ASSOCIATES LLP | FY 2021 | W100095 |
Shareholding
The shareholding of Mahindralal Leasing Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Mahindralal Leasing Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Jan 2007 | 10033173 | Hdfc Bank Limited | ₹22.8 Lakh | Satisfied |
To see the full charge records of Mahindralal Leasing Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Mahindralal Leasing Private Limited has 4 court cases on record: 4 filed against it. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 4 | 4 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Ken Traders LLP (Erstwhile Ken Traders Private Limited) and 1 other | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by MHL Infotech and Leasing Private Limited and 6 Other | Pending |
| Bombay High Court | Court case (APP) | Filed against the company by Unique Estates Development Company Ltd and Anr and 1 other | Pending |
| Bombay High Court | Court case (S) | Filed against the company by an individual | Pending |
To see the full case history of Mahindralal Leasing 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 Mahindralal Leasing Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mahindralal Leasing has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECM3009J1ZK | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mahindralal Leasing Private Limited, buy the company report.
Recent activity
Mahindralal Leasing Private Limited has 7 board changes on record since 2006: 4 appointments and 3 cessations. The latest: Minal Harish Khushalani was appointed as Director on 12 Aug 2024.
Frequently asked questions
Mahindralal Leasing is an active private limited company based in Thane, Maharashtra, India. The company works in real estate financing, within the financial services industry. It was incorporated on 24 June 2005 (21+ years old) and is registered under CIN U70100MH2005PTC154204.
Mahindralal Leasing has 4 current directors:
- Madhuri Harish Khushalani - Director
- Harish Rewachand Khushalani - Director
- Minal Harish Khushalani - Director
- Pranav Harish Khushalani - Director
The latest financial statements of Mahindralal Leasing on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Mahindralal Leasing is 27AAECM3009J1ZK, registered in Maharashtra.
The CIN (Corporate Identification Number) of Mahindralal Leasing is U70100MH2005PTC154204. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mahindralal Leasing has 4 court cases on record: 4 filed against it. 4 are pending.
Mahindralal Leasing was incorporated on 24 June 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
Minal Harish Khushalani was appointed as Director on 12 Aug 2024. Pranav Harish Khushalani was appointed as Director on 12 Aug 2024. Diksha Lalchand Tahilramani ceased to be Director on 10 Apr 2017. Mahindralal Leasing has 7 board changes on record in total.
The registered office of Mahindralal Leasing is at 1405 Polaris Chsl Hiranandani Estate Off Gb Road Patlipada Thane West, Maharashtra, India – 400607.
Mahindralal Leasing operates in the financial services industry, in the real estate financing segment.
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