About Mahle Engine Components India Private Limited
Data last updated:
Mahle Engine Components India Private Limited is a private limited company based in Dhar, Madhya Pradesh, India, a subsidiary of Mahle Holding (India) Private Limited. It operates in the industrial control valves and systems segment of the machinery and industrial equipment sector. It was incorporated on 28 May 1983 and has been in existence for over 43 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U51909MP1983PTC029974. Its GSTIN is 23AAACM0096K1ZL (Madhya Pradesh). The company holds 10 GST registrations, of which 7 are active.
The company has an authorised share capital of ₹27 Cr and a paid-up capital of ₹14.74 Cr. It was formerly known as Mahle- Migma Private Limited and Mahle- Migma Limited. It is led by directors including Milind Mukund Godbole and Banda Venkat Reddy.
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No. 9 10 & 11 Sector 3 Industrial Area Kheda Pithampur Distri, Ct Dhar, Madhya Pradesh, India – 454775.
As per the financials filed for FY 2025, the company reported a revenue of ₹862.27 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹53.76 Cr (net margin 6.2%) and EBITDA of ₹104.55 Cr (EBITDA margin 12.1%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 15% over five years.
The company has about 1,059 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: MAHLE. As per MCA filings, the company has open charges of ₹11.75 Cr and satisfied charges of ₹139.19 Cr on record. Court records list 16 cases involving the company, including 8 filed by the company and 8 filed against it; 3 cases are pending. The company has 3 deals on record (2 rights issues, 1 funding round), with disclosed funding of ₹90 Cr; the latest was in September 2021. The company has 11 MSME Form 1 returns on record between 2018 and 2024, listing 63 overdue payments to 41 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mahle.com.
Company details
Name history
Mahle Engine Components India has undergone 3 name changes throughout its history. The company was previously known as Mahle- Migma Private Limited, Mahle- Migma Limited, and Mwp Migma Limited. The current legal name is Mahle Engine Components India Private Limited.
| Company Name | Status |
|---|---|
| Mahle Engine Components India Private Limited | Current |
| Mahle- Migma Private Limited | Previous |
| Mahle- Migma Limited | Previous |
| Mwp Migma Limited | Previous |
CIN history
Mahle Engine Components India has one previous CIN (Corporate Identification Number): U51909DL1983PTC015817. The current CIN is U51909MP1983PTC029974, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51909MP1983PTC029974 | Current |
| U51909DL1983PTC015817 | Previous |
Contact details
Mahle Engine Components India Private Limited's registered office is in Dhar, Madhya Pradesh. Its website is mahle.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. 9 10 & 11 Sector 3 Industrial Area Kheda Pithampur Distri, Ct Dhar, Madhya Pradesh, India – 454775
- IndustryMachinery and Equipment, Industrial Control Valves & Systems
To see the full contact details of Mahle Engine Components India 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 activities of Mahle Engine Components India are manufacturing and trade. In detail, this covers motor vehicles, trailers, semi trailers and other transport vehicles and wholesale trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C11 | Motor vehicles, trailers, semi trailers and other Transport Vehicles | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Mahle Engine Components India Private Limited, buy the company report.
Financials of Mahle Engine Components India Private Limited
FY 2025 filings availableMahle Engine Components India Private Limited reported revenue of ₹862.27 Cr (up 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 15% over five years, including 2% growth in the latest year. EBITDA rose 11% 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 |
|---|---|---|---|---|---|
| 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 | ₹104.55 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹53.76 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.1% | ||||
| Net Profit Margin | 6.2% | ||||
| 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 Mahle Engine Components India Private Limited, buy the company report.
Board of directors and KMP of Mahle Engine Components India Private Limited
Mahle Engine Components India Private Limited currently reports 5 directors and 1 key managerial person. 19 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Milind Mukund Godbole | Director | 16 Aug 2021 | 5 Years 2 Months | Current |
| Banda Venkat Reddy | Director | 27 Oct 2020 | 6 Years 0 Months | Current |
| Didem Ekiz | Director | 30 Oct 2023 | 2 Years 11 Months | Current |
| Bhalchandra Subhash Kolurkar | Director | 15 Jul 2022 | 4 Years 3 Months | Current |
| Dinesh Kumar | Company Secretary | 26 Aug 2020 | 6 Years 2 Months | Current |
| Ivan Anthony Lenehan Also directs: Mahle Electric Drives India Private Limited | Director | 20 Nov 2009 | 16 Years 11 Months | Current |
Auditor
Mahle Engine Components India Private Limited is audited by BSR & Co LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BSR & Co LLP | FY 2023 | 101248W/W-100022 |
Shareholding
The shareholding of Mahle Engine Components India 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mahle Engine Components India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Jul 2008 | 10168435 | Hdfc Bank Limited | ₹11 Cr | Open | |
| 05 Dec 1997 | 90047015 | State Bank of India | ₹75 Lakh | Open | |
| 16 Aug 2012 | 10380351 | Central Bank of India | ₹16 Cr | Satisfied | |
| 22 Oct 2011 | 10317220 | The Karur Vysya Bank Limited | ₹6.5 Cr | Satisfied | |
| 29 Mar 2011 | 10280499 | The Karur Vysya Bank Limited | ₹16 Cr | Satisfied |
To see the full charge records of Mahle Engine Components India Private Limited, buy the company report.
Total charge records: 14 View all charges
Deals & funding
Mahle Engine Components India Private Limited has 3 deals on record (2 rights issues, 1 funding round), with disclosed funding of ₹90 Cr; the latest was in September 2021.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2021 | Rights issue | ₹130 Cr | Investors: Mahle Holding (India) Private Limited , Mahle Ventiltrieb Gmbh |
| Mar 2020 | Rights issue | ₹100 Cr | Investors: Mahle Holding (India) Private Limited |
| Nov 2012 | Funding round | ₹90 Cr | Investors: Mahle Holding (India) Private Limited , Mahle Ventiltrieb Gmbh |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Mahle Engine Components India Private Limited has 16 court cases on record: 8 filed by Mahle Engine Components India, 8 filed against it. 3 cases are pending and 13 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 11 | 6 | 2 |
| Supreme Court | 3 | 2 | 1 |
| District courts | 2 | 0 | 0 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Agra, Uttar Pradesh | Interim or miscellaneous application | Filed by the company against Benara Bearings and Pistons Ltd | Disposed |
| District court, Agra, Uttar Pradesh | Arbitration matter | Filed by the company against Benara Bearings and Pistons Ltd | Disposed |
| High Court of Delhi | Court case (O.M.P.(I) (COMM.)) | Filed against the company by Benara Bearings & Pistons Ltd | Disposed |
| High Court of Delhi | Court case (FAO(OS) (COMM)) | Filed against the company by Benara Bearings & Pistons Ltd | Disposed |
| High Court of Delhi | Court case (FAO(OS) (COMM)) | Filed by the company against Benara Bearings & Pistons Ltd | Disposed |
To see the full case history of Mahle Engine Components India 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.
Credit ratings & regulatory alerts
Mahle Engine Components India Private Limited was last rated by Crisil on 26 Oct 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 26 Oct 2020 |
To see the full credit ratings and regulatory alerts of Mahle Engine Components India Private Limited, buy the company report.
MSME payment delays
Mahle Engine Components India Private Limited has 11 MSME Form 1 returns on record between 2018 and 2024, listing 63 overdue payments to 41 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 (5 of 41)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| A1 Sales & Solutions | |||
| Eco Care Engineering Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Mahle Engine Components India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Mahle Engine Components India Private Limited has a workforce of 1,059 employees on its EPFO records as of Apr 07, 2024, across 2 active EPFO establishments.
GST
Mahle Engine Components India has 10 GST registrations: 7 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAACM0096K1ZL | Madhya Pradesh | Active | 01 Jul 2017 |
| 23AAACM0096K3ZJ | Madhya Pradesh | Active | 01 Apr 2024 |
| 06AAACM0096K1ZH | Haryana | Active | 01 Jul 2017 |
| 33AAACM0096K1ZK | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mahle Engine Components India Private Limited, buy the company report.
Recent activity
Mahle Engine Components India Private Limited has 23 board changes on record since 2007: 6 appointments and 17 cessations. The latest: Didem Ekiz ceased to be Additional Director on 29 Nov 2023.
47 earlier events are in the company report.
News
Frequently asked questions
Mahle Engine Components India is an active private limited company based in Dhar, Madhya Pradesh, India. The company works in industrial control valves and systems, within the machinery and equipment industry. It was incorporated on 28 May 1983 (43+ years old) and is registered under CIN U51909MP1983PTC029974.
Mahle Engine Components India has 6 current directors and KMP:
- Milind Mukund Godbole - Director
- Banda Venkat Reddy - Director
- Didem Ekiz - Director
- Bhalchandra Subhash Kolurkar - Director
- Ivan Anthony Lenehan - Director
- Dinesh Kumar - Company Secretary
The latest financial statements of Mahle Engine Components India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Mahle Engine Components India is 23AAACM0096K1ZL, registered in Madhya Pradesh. The company has 10 GST registrations in all, of which 7 are active and 3 are cancelled or inactive. Other active GSTINs include 23AAACM0096K3ZJ (Madhya Pradesh), 06AAACM0096K1ZH (Haryana), 33AAACM0096K1ZK (Tamil Nadu).
The CIN (Corporate Identification Number) of Mahle Engine Components India is U51909MP1983PTC029974. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mahle Engine Components India has 16 court cases on record: 8 filed by the company and 8 filed against it. 3 are pending. Most are in the high courts.
Mahle Engine Components India was incorporated on 28 May 1983, making it 43+ years old. It is registered with the Registrar of Companies, Gwalior.
Mahle Engine Components India has 3 deals on record (2 rights issues, 1 funding round), with disclosed funding of ₹90 Cr; the latest was in September 2021.
Didem Ekiz ceased to be Additional Director on 29 Nov 2023. Didem Ekiz was appointed as Director on 30 Oct 2023. Bhalchandra Subhash Kolurkar ceased to be Additional Director on 08 Sep 2022. Mahle Engine Components India has 23 board changes on record in total.
Mahle Engine Components India has 11 MSME Form 1 returns on record between 2018 and 2024, listing 63 overdue payments to 41 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Mahle Engine Components India can be reached through the website mahle.com. Its registered office is in Dhar, Madhya Pradesh, India.