Mhe Next Engineering Private Limited

Mhe Next Engineering Private Limited - machinery and equipment in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U74120MH2010PTC210464 Incorporated 30 November 2010 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company machinery and equipment MSME · Micro
Data last updated
Revenue · FY 2021
₹19.99 Lakh
▼ 63% YoY
Net loss · FY 2021
₹1.11 Lakh
Net margin -5.5%
EBITDA · FY 2021
₹5.81 Lakh
EBITDA margin 29.1%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Satisfied charges
₹1 Cr
No open charges
Company age
16 yrs
Est. 2010
Employees · EPFO
3
Provident fund records

About Mhe Next Engineering Private Limited

Data last updated:

Mhe Next Engineering Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the material handling and storage equipment segment of the machinery and industrial equipment sector. It was incorporated on 30 November 2010 and has been in existence for over 16 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74120MH2010PTC210464. The company has 1 GST registration on record, which is no longer active.

The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Dhanaji Maruti Sawant (Managing Director) and Anita Dhanaji Sawant.

Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Pap – R – 477 Ttc Industrial Area MIDC Rabale Navi Mumbai, Maharashtra, India – 400701.

As per the financials filed for FY 2021, the company reported a revenue of ₹19.99 Lakh, a decline of 63% compared to the previous year. For the same year it recorded a net loss of ₹1.11 Lakh (net margin -5.5%) and EBITDA of ₹5.81 Lakh (EBITDA margin 29.1%). Revenue has declined at a compounded annual rate (CAGR) of 51% over three years and 41% over five years.

The company has about 3 employees on its provident fund (EPFO) records.

As per MCA filings, the company has satisfied charges of ₹1 Cr on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it; 1 case is pending.

Mhe Next Engineering Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0056746). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mhenext.com.

Company details

CIN U74120MH2010PTC210464
Registration Number 210464
Incorporation Date 30 November 2010
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 November 2021
Date of Balance Sheet 31 March 2021
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-33-0056746
Key People
Dhanaji Maruti Sawant Managing Director Anita Dhanaji Sawant Director

Recognitions & Rankings of Mhe Next Engineering

MSME (Udyam registered) Ministry of MSME
Category
Micro (2022-23)
Udyam number
UDYAM-MH-33-0056746

Contact details

Mhe Next Engineering Private Limited's registered office is in Mumbai, Maharashtra. Its website is mhenext.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    mhenext.com
  • Registered Address
    Pap – R – 477 Ttc Industrial Area MIDC Rabale Navi Mumbai, Maharashtra, India – 400701
  • Industry
    Machinery and Equipment, Material Handling & Storage Equipment

To see the full contact details of Mhe Next Engineering Private Limited, buy the company report.

Comprehensive company report
Mhe Next Engineering 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Business activity

The main business activity of Mhe Next Engineering is trade. In detail, this covers retail trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG2Retail Trading

To see the full business activity and turnover split of Mhe Next Engineering Private Limited, buy the company report.

Financials of Mhe Next Engineering Private Limited

FY 2021 filings available

Mhe Next Engineering Private Limited reported revenue of ₹19.99 Lakh (down 63% YoY) for FY 2021.

Revenue · FY 2021
₹19.99 Lakh ▼ 63%
Net loss · FY 2021
₹1.11 Lakh margin -5.5%
EBITDA · FY 2021
₹5.81 Lakh margin 29.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 63%
3 years · compounded
▼ 51%
5 years · compounded
▼ 41%
EBITDA CAGR growth
1 year
▲ 718%
3 years · compounded
▲ 23%
5 years · compounded
▲ 20%

Revenue has declined at a compounded annual rate (CAGR) of 41% over five years, including a 63% fall in the latest year. EBITDA rose 718% 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 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹19.99 Lakh
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹5.81 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹1.11 Lakh
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 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
Profitability
EBITDA Margin29.1%
Net Profit Margin-5.5%
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 Mhe Next Engineering Private Limited, buy the company report.

Board of directors of Mhe Next Engineering Private Limited

Mhe Next Engineering has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Dhanaji Maruti SawantManaging Director30 Nov 201015 Years 11 MonthsCurrent
Anita Dhanaji SawantDirector12 Dec 201213 Years 10 MonthsCurrent
View all directors

Auditor

Mhe Next Engineering Private Limited is audited by JAYESH RATHOD & ASSOCIATES for the financial year 2021.

Auditor firmFinancial yearFirm registration number
JAYESH RATHOD & ASSOCIATESFY 2021142931W

Shareholding

The shareholding of Mhe Next Engineering Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2021FY 2019FY 2018FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Mhe Next Engineering Private Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹1 Cr
Breakdown by lending institutions
The Saraswat Co-Operative Bank Ltd₹1.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
19 Mar 201310417880The Saraswat Co-Operative Bank Ltd₹1 CrSatisfied

To see the full charge records of Mhe Next Engineering Private Limited, buy the company report.

Total charge records: 1 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Mhe Next Engineering Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Mhe Next Engineering Private Limited has a workforce of 3 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.

Employee count
3
Active EPFO establishments
1

GST

Mhe Next Engineering has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1

To see the full GST registrations and return filing status of Mhe Next Engineering Private Limited, buy the company report.

Recent activity

Mhe Next Engineering Private Limited has 4 board changes on record since 2010: 2 appointments and 2 cessations. The latest: Yogesh Sadashiv Sutar ceased to be Director on 20 Dec 2013.

AGM
Mhe Next Engineering Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.
Filing
Mhe Next Engineering Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Mumbai I.
Charges
A charge registered on 19 Mar 2013 via Charge ID 10417880 with The Saraswat Co-Operative Bank Ltd was fully satisfied on 03 Feb 2015.
Ceased
Yogesh Sadashiv Sutar ceased to be Director.
Ceased
Anita Dhanaji Sawant ceased to be Additional Director.
Charges
A charge with The Saraswat Co-Operative Bank Ltd amounted to Rs. 100.00 Lakh with Charge ID 10417880 was registered on 19 Mar 2013.
Appointed
Anita Dhanaji Sawant was appointed as Director.
Appointed
Dhanaji Maruti Sawant was appointed as Managing Director.
Incorporation
30 Nov 2010
Mhe Next Engineering Private Limited was registered on 30 Nov 2010 with Roc Mumbai I & aged 15 years 11 months as per MCA records.

Frequently asked questions

Mhe Next Engineering is an active private limited company based in Mumbai, Maharashtra, India. The company works in material handling and storage equipment, within the machinery and equipment industry. It was incorporated on 30 November 2010 (16+ years old) and is registered under CIN U74120MH2010PTC210464.

Mhe Next Engineering has 2 current directors:

The latest financial statements of Mhe Next Engineering on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.

No. Mhe Next Engineering has 1 GST registration on record and it is cancelled or inactive.

The CIN (Corporate Identification Number) of Mhe Next Engineering is U74120MH2010PTC210464. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Mhe Next Engineering has 3 court cases on record: 1 filed by the company and 2 filed against it. 1 is pending.

Mhe Next Engineering was incorporated on 30 November 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.

Yogesh Sadashiv Sutar ceased to be Director on 20 Dec 2013. Anita Dhanaji Sawant ceased to be Additional Director on 30 Sep 2013. Anita Dhanaji Sawant was appointed as Director on 12 Dec 2012. Mhe Next Engineering has 4 board changes on record in total.

Yes, Mhe Next Engineering is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-33-0056746).

Mhe Next Engineering can be reached through the website mhenext.com. Its registered office is in Mumbai, Maharashtra, India.