Mutual Engineering Private Limited - Company Profile

It is a machinery and equipment private limited company based in Vasai, Maharashtra, India, established in 2007.
2007 Vasai, Maharashtra, India Active
Last Updated:
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About Mutual Engineering Private Limited

Mutual Engineering Private Limited, a active private limited company, was established on 18 August 2007 in Vasai, Maharashtra, India. Engaging in industrial tools & components within the manufacturing sector, it holds CIN: U74210MH2007PTC173238. Registered under ROC Roc Mumbai Ii. it is unlisted. It has an authorized capital of ₹26.78 Cr and a paid-up capital of ₹21.97 Cr.

It upholds a compliant status. Employing 217 professional, Its leadership includes Meghna Dhrumil Gandhi (Director), Drumil Jayantilal Gandhi (Director). Past directors included Apurva Kiritkumar Gandhi, Dharmendra Kantilal Gandhi, Drumil Jayantilal Gandhi. It holds ₹51.78 Cr open charges and ₹41.18 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at 9, Ehara Industrial Complex, Village Waliv, Opp Major Singh Tabela,, Vasai, Maharashtra, 401208.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    U74210MH2007PTC173238

  • Registration Number

    173238

  • Incorporation Date

    18 August 2007

  • Authorized Capital

    ₹26.78 Cr

  • Paid-Up Capital

    ₹21.97 Cr

  • ROC Code

    Roc Mumbai Ii

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 26.78 Cr
  • Paid Up Capital ₹ 21.97 Cr
  • Company Age 18 Year, 10 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 51.78 Cr
  • Satisfied Charges ₹ 41.18 Cr
  • Revenue Growth **** -20.22%
  • Profit Growth **** 147.23%
  • Ebitda **** 55.52%
  • Net Worth 3.41%
  • Total Assets **** 7.32%
Company report

Mutual Engineering Private Limited

Company Report FY 2026-2027

Comprehensive Company Insights

Explore comprehensive insights into Mutual Engineering Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Mutual Engineering Private Limited?
Current Directors
Name Designation Appointment Date Status
Meghna Dhrumil Gandhi Director 08 Aug 2019 Current
Drumil Jayantilal Gandhi Director 28 Aug 2017 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 09 Aug 2019 Past
Pramod Abcsdd Director 28 Mar 2022 Past
Pramod Abcsdd Additional Director 29 Sep 2017 Past
Pramod Abcsdd Company Secretary - Past
Pramod Abcsdd Director 14 Nov 2007 Past

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Financial Performance of Mutual Engineering.

Mutual Engineering Private Limited, for the financial year ended 2025, experienced significant reduction in revenue, with a 20.22% decrease. The company also saw a substantial improvement in profitability, with a 147.23% increase in profit. The company's net worth moved up by a moderate rise of 3.41%.

Mutual Engineering revenue growth over time
Mutual Engineering profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
********
 -20.22%
*******
*******
*******
*******
Revenue from Operations
*******
 -20.77%
*******
*******
*******
*******
Total Assets
*******
 7.32%
*******
*******
*******
*******
Profit or Loss
*******
 147.23%
*******
*******
*******
*******
Net Worth
*******
 3.41%
*******
*******
*******
*******
EBITDA
*******
 55.52%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Mutual Engineering?

In 2025, Mutual Engineering had a promoter holding of 118.00% and a public holding of 18.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹517,752,839.00

Satisfied Charges

₹411,818,408.00

Charges Breakdown by Lending Institutions
  • Others : 51.78 Cr
Latest Charge Details
Date Lender Amount Status
28 Feb 2026 Others ₹1.07 M Open
25 Dec 2024 Others ₹8.60 M Open
05 Aug 2024 Others ₹0.78 M Open
02 Mar 2024 Others ₹1.49 M Open
31 Jan 2023 Others ₹4.00 Cr Open

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How Many Employees Work at Mutual Engineering?

Mutual Engineering has a workforce of 217 employees as of Oct 10, 2025. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mutual Engineering, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Mutual Engineering's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Mutual Engineering
Recent Activity within the Organization
  • Charges

    Progress on A charge with Others amounted to Rs. 0.11 Cr with Charge ID 101259247 was registered on 28 Feb 2026. was documented.

  • Charges

    Progress on A charge registered on 15 Jan 2021 via Charge ID 100436881 with Hdfc Bank Limited was fully satisfied on 08 Jan 2026. was documented.

  • Annual General Meeting

    Progress on Mutual Engineering Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was documented.

  • Balance Sheet

    Mutual Engineering Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai Ii. was recorded as a recent event.

  • Charges

    Progress on A charge registered on 13 Oct 2021 via Charge ID 100495304 with Others was fully satisfied on 01 Jan 2025. was documented.

  • Charges

    Progress on A charge with Others amounted to Rs. 0.86 Cr with Charge ID 101047004 was registered on 25 Dec 2024. was documented.

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Frequently Asked Questions
What is the CIN of Mutual Engineering Private Limited?

The CIN of Mutual Engineering Private Limited is U74210MH2007PTC173238.

Where is Mutual Engineering Private Limited headquartered?

Mutual Engineering Private Limited is headquartered at 9, Ehara Industrial Complex, Village Waliv, Opp Major Singh Tabela,, Vasai, Maharashtra, 401208.

When was Mutual Engineering Private Limited incorporated?

Mutual Engineering Private Limited was incorporated on 18 August 2007.

Who are the current directors of Mutual Engineering Private Limited?

The current directors of Mutual Engineering Private Limited are

What is the primary industry of Mutual Engineering Private Limited?

The primary industry of Mutual Engineering Private Limited is Manufacturing.

Is Mutual Engineering Private Limited a listed company?

Mutual Engineering Private Limited is unlisted.

What is the capital structure of Mutual Engineering Private Limited?

The authorized capital of Mutual Engineering Private Limited is ₹26.78 Cr, and the paid-up capital is ₹21.97 Cr.

What is the compliance status of Mutual Engineering Private Limited?

The compliance status of Mutual Engineering Private Limited is Compliant.

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