Mutual Industries Limited logo

Mutual Industries Limited

Manufacturer of plastic automotive parts, molds, and dies for various industries.

1990 Mumbai, Maharashtra (India) Active

About

Basic Data Updated:

25 days ago

Mutual Industries Limited, formerly known as Mutual Mecaplast Ltd, has a rich history in the manufacturing industry. The company specializes in the production of injection molded plastic articles, molds, dies, and decorative plastic parts. Its diverse product portfolio includes car bumper grills, sump guards, plastic injection molding, front bumpers, spare wheel covers, and plastic dashboards for the automotive industry. According to its credit rating report, MIL operates four component manufacturing plants, with two located in Pune, Maharashtra, and one each in Silvassa, Dadra and Nagar Haveli, and Pantnagar, Uttaranchal. Additionally, the company has a state-of-the-art mold design and manufacturing facility in Vasai, Thane, Mumbai. This strategic placement of its facilities allows MIL to efficiently cater to the needs of its clients in the automobile, electronics, white goods, and material handling industries. Speaking of clients, MIL has an impressive list of satisfied customers, including big names like Tata, Mahindra, Ford, Piaggio, Maruti Suzuki, Fiat, Godrej, Reliance, ITC, and IFB. This is a testament to the company's commitment to delivering high-quality products and services.

Industry

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Website
    12224421
  • Telephone
    12224421
  • Email Address
    12224421
  • Social Media
    12224421
CIN/LLPIN/FCRNU99999MH1990PLC058368
Company No.058368
Company ClassificationPublic Limited Indian Non-Government Company
Incorporation Date28 Sep 1990
Date of AGM28 Sep 2023
Date of Balance Sheet31 Mar 2023
Listing StatusUnlisted
ROC CodeRoc Mumbai

Products or Services related to Mutual Industries Limited

Design Engineering

Engineering Design Services

Single And Twin Sheet Thermoforming

Aluminum Molds

Material Handling

Material Handling Equipments

Material Handling

Material Handling Systems

product
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Mutual Industries Limited offers a wide range of products and services, including: Special Purpose Vehicle, Architectural Designing Services, Engineering Design Services, Die Casting Mould & Moulding Tools, Aluminum Molds, Material Handling Machines & Systems, Material Handling Equipments, Material Handling Systems, Injection Moulds, Injection Molding.

Financials of Mutual Industries Limited

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Mutual Industries Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 16.57% increase. The company also saw a substantial improvement in profitability, with a 36.69% increase in profit. The company's net worth moved up by a moderate rise of 2.96%.

Corporate Structure

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Unlock access to Mutual Industries's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

People in Mutual Industries Limited

Executive Team (1)

  • apurva_gandhi_698879.png
    Apurva Gandhi In CFO

    Appointment Date: 29-Sep-2014

    Status: Current

Board Members(5)

Charges (Loans)

Open Charges Satisfied Charges

₹147.67 cr

₹628.94 cr

LenderAmountStatus

Others

Creation Date: 25 Oct 2023
₹15.25 CrOpen

Others

Creation Date: 07 Mar 2022
₹2.10 CrOpen

Others

Creation Date: 10 Mar 2021
₹1.00 CrOpen

Deals i

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Gain comprehensive insights into the Deals and Valuation data of Mutual Industries, 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 Industries's trajectory.

Rating

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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.

Alert

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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.

Related Corporates (Common Directorship)

  • Sukhras Machines Private Limited

    Sukhras Machines Private Limited

    Active build-icon 24 years 10 months

    Boman Moradian is a mutual person

  • Mutual Engineering Private Limited

    Mutual Engineering Private Limited

    Active build-icon 16 years 8 months

    Drumil Gandhi is a mutual person

  • Mutual Automotive Private Limited

    Mutual Automotive Private Limited

    Active build-icon 11 years 8 months

    Drumil Gandhi is a mutual person

  • Kabra Extrusion Technik Ltd

    Kabra Extrusion Technik Ltd

    Active build-icon 41 years 6 months

    Boman Moradian is a mutual person

  • Mutual Styl Monde Private Limited

    Mutual Styl Monde Private Limited

    Active build-icon 8 years 10 months

    Apurva Gandhi and Harin Gandhi are mutual person

  • Arnish Laborates Private Limited

    Arnish Laborates Private Limited

    Active build-icon 5 years 10 months

    Harnish Juthani is a mutual person

Recent activity within the organization

  • Activity

    Charges

    A charge registered on 10 Jul 2020 via Charge ID 100355487 with Hdfc Bank Limited was fully satisfied on 03 Apr 2024.

    03 Apr 2024
  • Activity

    Charges

    A charge with Others amounted to Rs. 15.25 cr with Charge ID 100813756 was registered on 25 Oct 2023.

    25 Oct 2023
  • Activity

    Annual General Meeting

    Mutual Industries Limited last Annual general meeting of members was held on 28 Sep 2023 as per latest MCA records.

    28 Sep 2023
  • Activity

    Balance Sheet

    Mutual Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023
  • Activity

    Charges

    A charge with Others of Rs. 2.10 cr registered on 07 Mar 2022 with Charge ID 100552015 was modified on 27 Jul 2022.

    27 Jul 2022

Frequently asked questions

What is the Incorporation or founding date of Mutual Industries Limited?

Mutual Industries Limited was incorporated 33 years 7 months ago on 28 Sep 1990 with Registrar of Companies Roc Mumbai.

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