About Mackinnon Mackenzie and Co Limited
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Mackinnon Mackenzie and Co Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 30 March 1951 and has been in existence for over 75 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L63020MH1951PLC013745. Its GSTIN is 27AAACM7394L1ZW (Maharashtra). It is recorded as listed by MCA, but trading in its shares on BSE (501874) has been suspended, so they do not currently trade on a stock exchange.
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹24.72 Lakh. It is led by directors including Jimmy Naval Guzdar and Dipali Divyul Joshi.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 4 Shoorji Vallabhdas Margballard Estate, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2025, the company reported a revenue of ₹44.83 Lakh, a decline of 20% compared to the previous year. For the same year it recorded a net loss of ₹16.66 Lakh (net margin -37.2%) and EBITDA of -₹14.52 Lakh (EBITDA margin -32.4%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 6% over five years.
As per MCA filings, the company has open charges of ₹251.19 Cr on record. Court records list 44 cases involving the company, including 22 filed by the company and 24 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mmclimited.net.
Company details
CIN history
Mackinnon Mackenzie and Co has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L63020MH1951PLC013745, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L63020MH1951PLC013745 | Current |
| U63020MH1951PLC013745 | Previous |
| L63020MH1967NPL013745 | Previous |
Contact details
Mackinnon Mackenzie and Co Limited's registered office is in Mumbai, Maharashtra. Its website is mmclimited.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address4 Shoorji Vallabhdas Margballard Estate, Mumbai, Maharashtra, India – 400001
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Mackinnon Mackenzie and Co 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 Mackinnon Mackenzie and Co is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Mackinnon Mackenzie and Co Limited, buy the company report.
Financials of Mackinnon Mackenzie and Co Limited
FY 2025 filings availableMackinnon Mackenzie and Co Limited reported revenue of ₹44.83 Lakh (down 20% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 20% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 6%. 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 | ₹44.83 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹14.52 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹16.66 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -32.4% | ||||
| Net Profit Margin | -37.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
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| 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 Mackinnon Mackenzie and Co Limited, buy the company report.
Board of directors of Mackinnon Mackenzie and Co Limited
Mackinnon Mackenzie and Co has 3 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jimmy Naval Guzdar Also directs: Freesia Estates Private Limited, Delta Transportation Private Limited, Mackinnons Abad Shipping Limited and 5 more | Director | 29 Aug 2022 | 4 Years 2 Months | Current |
| Dipali Divyul Joshi Also directs: Ardeshir B Cursetjee and Sons Limited | Director | 22 Apr 2022 | 4 Years 6 Months | Current |
| Nandkishor Yashwant Joshi | Director | 12 Nov 2021 | 4 Years 11 Months | Current |
Auditor
Mackinnon Mackenzie and Co Limited is audited by Gupta Ravi & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Gupta Ravi & Associates | FY 2023 | 006970N |
Shareholding
The shareholding of Mackinnon Mackenzie and Co Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mackinnon Mackenzie and Co Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Mar 2003 | 90244040 | Ardeshi Sons | ₹250.44 Cr | Open | |
| 15 Apr 1977 | 80062576 | Ardeshir B Cursetjee and Sons Limited | ₹75 Lakh | Open |
To see the full charge records of Mackinnon Mackenzie and Co Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Mackinnon Mackenzie and Co Limited has 44 court cases on record: 22 filed by Mackinnon Mackenzie and Co, 24 filed against it. 2 cases are pending and 42 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 23 | 17 | 1 |
| District courts | 17 | 5 | 1 |
| Supreme Court | 4 | 2 | 0 |
Cases on record (5 of 44)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Appeal | Filed against the company by Bombay Chamber of Commerce and Industry | Pending |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (Exe.Appln.) | Filed by the company against M/S. Salgaocar Engineers Pvt. Ltd. and 1 other | Disposed |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (MANRJI) | Filed by the company against M S Salgaocar Engineers Pvt Ltd and 1 other | Disposed |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (P.Appeal) | Filed against the company by Messrs Salgaocar Engineers Pvt. Ltd. and 1 other | Disposed |
| District court, Mumbai Small Causes Court, Maharashtra | Appeal | Filed by the company against I.K.Marine Agencies Pvt Ltd. and Ors and 3 others | Disposed |
To see the full case history of Mackinnon Mackenzie and Co 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 Mackinnon Mackenzie and Co Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mackinnon Mackenzie and Co has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACM7394L1ZW | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mackinnon Mackenzie and Co Limited, buy the company report.
Recent activity
Mackinnon Mackenzie and Co Limited has 19 board changes on record since 1991: 11 appointments and 8 cessations. The latest: Abbas Saifuddin Lakdawalla ceased to be Director on 01 Dec 2023.
14 earlier events are in the company report.
Frequently asked questions
Mackinnon Mackenzie and Co is an active public limited company based in Mumbai, Maharashtra, India. The company works in real estate financing, within the financial services industry. It was incorporated on 30 March 1951 (75+ years old) and is registered under CIN L63020MH1951PLC013745.
Mackinnon Mackenzie and Co has 3 current directors:
- Jimmy Naval Guzdar - Director
- Dipali Divyul Joshi - Director
- Nandkishor Yashwant Joshi - Director
The latest financial statements of Mackinnon Mackenzie and Co on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Mackinnon Mackenzie and Co is 27AAACM7394L1ZW, registered in Maharashtra.
The CIN (Corporate Identification Number) of Mackinnon Mackenzie and Co is L63020MH1951PLC013745. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mackinnon Mackenzie and Co is recorded as a listed company by MCA, but trading in its shares on BSE (501874) has been suspended, so they do not currently trade on a stock exchange.
Mackinnon Mackenzie and Co has 44 court cases on record: 22 filed by the company and 24 filed against it. 2 are pending. Most are in the high courts.
Mackinnon Mackenzie and Co was incorporated on 30 March 1951, making it 75+ years old. It is registered with the Registrar of Companies, Mumbai.
Abbas Saifuddin Lakdawalla ceased to be Director on 01 Dec 2023. Sampat Vishnu Borate ceased to be Director on 30 Sep 2022. Jimmy Naval Guzdar was appointed as Director on 29 Aug 2022. Mackinnon Mackenzie and Co has 19 board changes on record in total.
Mackinnon Mackenzie and Co can be reached through the website mmclimited.net. Its registered office is in Mumbai, Maharashtra, India.
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