About Mhwirth India Private Limited
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Mhwirth India Private Limited is a private limited company based in Thane, Maharashtra, India, a subsidiary of Mhwirth As. It operates in the oil and gas infrastructure services segment of the energy and power sector. It was incorporated on 29 October 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29240MH1997PTC111622. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It was formerly known as Aker Kvaerner Mh India Private Limited and Aker Solutions Drilling Technologies (India) Private Limited. It is led by directors including Shakti Chand Verma (Managing Director) and Michael John Denk.
Its last annual general meeting (AGM) was held on 17 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Unit No. 2 A Wing 9th Floor Lodha I Think Technocampus, Thane, Maharashtra, India – 400607.
As per the financials filed for FY 2025, the company reported a revenue of ₹22.93 Cr, a growth of 42% compared to the previous year. For the same year it recorded a net profit of ₹3.06 Cr (net margin 13.4%) and EBITDA of ₹4.66 Cr (EBITDA margin 20.3%). Revenue has grown at a compounded annual rate (CAGR) of 41% over three years and 11% over five years.
The company has about 39 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: HMH.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hmhw.com.
Company details
Name history
Mhwirth India has undergone 3 name changes throughout its history. The company was previously known as Aker Kvaerner Mh India Private Limited, Aker Solutions Drilling Technologies (India) Private Limited, and Aker Mh (India) Private Limited. The current legal name is Mhwirth India Private Limited.
| Company Name | Status |
|---|---|
| Mhwirth India Private Limited | Current |
| Aker Kvaerner Mh India Private Limited | Previous |
| Aker Solutions Drilling Technologies (India) Private Limited | Previous |
| Aker Mh (India) Private Limited | Previous |
Contact details
Mhwirth India Private Limited's registered office is in Thane, Maharashtra. Its website is hmhw.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressUnit No. 2 A Wing 9th Floor Lodha I Think Technocampus, Thane, Maharashtra, India – 400607
- IndustryEnergy and Power, Oil & Gas Infrastructure Services
To see the full contact details of Mhwirth 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 Mhwirth India are professional, scientific and technical and support service to organizations. In detail, this covers architecture, engineering activities, technical testing and analysis activities and other support services to organizations. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M4 | Architecture, engineering activities, technical testing and analysis activities | |
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Mhwirth India Private Limited, buy the company report.
Financials of Mhwirth India Private Limited
FY 2025 filings availableMhwirth India Private Limited reported revenue of ₹22.93 Cr (up 42% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 42% growth in the latest year. EBITDA rose 56% 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 | ₹4.66 Cr | ||||
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| Net Profit (PAT) | ₹3.06 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 20.3% | ||||
| Net Profit Margin | 13.4% | ||||
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To see the full financial statements and ratios of Mhwirth India Private Limited, buy the company report.
Board of directors of Mhwirth India Private Limited
Mhwirth India has 5 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Michael John Denk | Director | 16 Dec 2024 | 1 Years 10 Months | Current |
| Rajesh Kumar | Director | 12 Dec 2019 | 6 Years 10 Months | Current |
| Eugene Charles Chauviere Iii | Director | 16 Dec 2024 | 1 Years 10 Months | Current |
| Shakti Chand Verma | Managing Director | 24 Jul 2014 | 12 Years 3 Months | Current |
| James Daniel Connelly | Director | 16 Dec 2024 | 1 Years 10 Months | Current |
Auditor
Mhwirth India Private Limited is audited by B S R & ASSOCIATES LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R & ASSOCIATES LLP | FY 2023 | 116231W/W100024 |
Shareholding
The shareholding of Mhwirth India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mhwirth India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Mhwirth India Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mhwirth India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Mhwirth India Private Limited has a workforce of 39 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
GST
Mhwirth India has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Mhwirth India Private Limited, buy the company report.
Recent activity
Mhwirth India Private Limited has 22 board changes on record since 2008: 5 appointments and 17 cessations. The latest: Eugene Charles Chauviere Iii ceased to be Additional Director on 16 Sep 2025.
13 earlier events are in the company report.
News
Frequently asked questions
Mhwirth India is an active private limited company based in Thane, Maharashtra, India. The company works in oil and gas infrastructure services, within the energy and power industry. It was incorporated on 29 October 1997 (29+ years old) and is registered under CIN U29240MH1997PTC111622.
Mhwirth India has 5 current directors:
- Shakti Chand Verma - Managing Director
- Michael John Denk - Director
- Rajesh Kumar - Director
- Eugene Charles Chauviere Iii - Director
- James Daniel Connelly - Director
The latest financial statements of Mhwirth India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 17 September 2025. Year-wise statements from 2015 are in the company report.
No. Mhwirth India has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Mhwirth India is U29240MH1997PTC111622. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mhwirth India was incorporated on 29 October 1997, making it 29+ years old. It is registered with the Registrar of Companies, Mumbai.
Eugene Charles Chauviere Iii ceased to be Additional Director on 16 Sep 2025. James Daniel Connelly ceased to be Additional Director on 16 Sep 2025. Michael John Denk ceased to be Additional Director on 16 Sep 2025. Mhwirth India has 22 board changes on record in total.
Mhwirth India can be reached through the website hmhw.com. Its registered office is in Thane, Maharashtra, India.
The registered office of Mhwirth India is at Unit No. 2 A Wing 9th Floor Lodha I Think Technocampus, Thane, Maharashtra, India – 400607.
Mhwirth India operates in the energy and power industry, in the oil and gas infrastructure services segment.
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