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Mahindra Insurance Brokers Limited Location T. Score People Network Registered Details

MAHINDRA INSURANCE BROKERS LIMITED

www.mahindrainsurance.com
Active
Updated: 20 Oct 2024

Mahindra Insurance Brokers Limited, is an unlisted public company incorporated on 18 February, 1987. It is classified as a public limited company and is located in Mumbai, Maharashtra. It's authorized share capital is INR 15.00 cr and the total paid-up capital is INR 10.31 cr.

Mahindra Insurance Brokers Limited's operating revenue range is INR 100 cr - 500 cr for the financial year ending on 31 March, 2023. It's EBITDA has decreased by 41.83% over the previous year. At the same time, it's book networth has increased by 5.78%.

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Industry

Finance
Products
  • all risk insurance, hospital cash insurance, future secure motor insurance, Family good health
Key Metrics

** All rupee values in INR crores. Based on March 2023 numbers.

Sales
25.68%
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EBITDA
-41.83%
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Net Profit
-33.63%
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Networth
5.78%
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Borrowings
-
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Assets
8.36%
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Gross Margin
-
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Operating Margin
-7.72
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Net Profit Margin
-6.83
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Return on Equity
-3.84
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ROCE
-5.85
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Debt to Equity
-
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Sales
Mar 2023
Net worth
Mar 2023

Locations

indian flag India (232)
State Type Address

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Tofler Score

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Risk

Severe Risk
  • No risks identified
Moderate Risk
  • No risks identified
Low Risk
  • No risks identified
About Tofler Score
Tofler Score measures the quality of performance and integrity of a company. It is dependent on three key factors - Sustainability, Governance, and Growth.

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Financial Highlights

** All numbers in INR crores
Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
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Net profit GET PRO GET PRO GET PRO GET PRO GET PRO
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Networth
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Current ratio GET PRO GET PRO GET PRO GET PRO GET PRO
ROE GET PRO GET PRO GET PRO GET PRO GET PRO
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WC days GET PRO GET PRO GET PRO GET PRO GET PRO
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Margins

Gross margin
Operating margin
Net margin

Balance Sheet

%
** All numbers in INR crores
Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
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Reserves GET PRO GET PRO GET PRO GET PRO GET PRO
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Other liabilities + GET PRO GET PRO GET PRO GET PRO GET PRO
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Total liabilities GET PRO GET PRO GET PRO GET PRO GET PRO
Fixed Assets + GET PRO GET PRO GET PRO GET PRO GET PRO
Tangible assets GET PRO GET PRO GET PRO GET PRO GET PRO
CWIP GET PRO GET PRO GET PRO GET PRO GET PRO
Intangible assets GET PRO GET PRO GET PRO GET PRO GET PRO
LT loans and advances GET PRO GET PRO GET PRO GET PRO GET PRO
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ST loans and advances GET PRO GET PRO GET PRO GET PRO GET PRO
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Total assets GET PRO GET PRO GET PRO GET PRO GET PRO
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Total assets

Profit & Loss

%
** All numbers in INR crores
Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
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Expenses + GET PRO GET PRO GET PRO GET PRO GET PRO
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Employee cost GET PRO GET PRO GET PRO GET PRO GET PRO
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Revenue from operations

Ratios

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
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Performance
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Return +
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Efficiency +
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Working Capital
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Ratios

Current ratio
Debt/equity ratio

People

Designation Name DIN/PAN Tenure
Director Jyotin Kantilal Mehta 00033518 5 years
Director Hemant Sikka 00922281 18 years
Director Anjali Ishan Raina 02327927 10 years
Director Vivek Anant Karve 06840707 4 years
Kmp Bhavita Arvind Ashiyani <HIDDEN> 1 years
Managing Director Vedanarayanan Seshadri 08864477 4 years
Director Amarjyoti Barua 09202472 0 years
Director Raul Ignatius Rebello 10052487 0 years
CFO Saurabh Vinod Dharadhar <HIDDEN> 6 years

Company Network

Companies connected through Directors

Name Status Paid up Capital Common Directors Address
AMAL LIMITED
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FINENG SOLUTIONS PRIVATE LIMITED
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JSW ISPAT SPECIAL PRODUCTS LIMITED
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SURYODAY SMALL FINANCE BANK LIMITED
Active
106.2 Cr 1 Maharashtra
ICICI PRUDENTIAL PENSION FUNDS MANAGEMENT COMPANY LIMITED
Active
60.0 Cr 1 Maharashtra
OTIS ELEVATOR CO (INDIA)LTD
Active
11.8 Cr 1 Maharashtra
WESTLIFE FOODWORLD LIMITED
Active
31.2 Cr 1 Maharashtra
IND AUST MARITIME PRIVATE LIMITED
Active
2.0 Cr 1 Maharashtra
MAHINDRA RURAL HOUSING FINANCE LIMITED
Active
122.9 Cr 3 Maharashtra
LINDE INDIA LIMITED
Active
85.3 Cr 1 West Bengal
ICICI PRUDENTIAL TRUST LIMITED
Active
10.1 L 1 Delhi
GROMAX AGRI EQUIPMENT LIMITED
Active
54.3 Cr 1 Gujarat
MAHINDRA AUTOMOBILE DISTRIBUTOR PRIVATE LIMITED
Amalgamated
1.0 Cr 1 Maharashtra
MAHINDRA TRUCKS AND BUSES LIMITED
Amalgamated
93.3 Cr 1 Maharashtra
MAHINDRA SOLARIZE PRIVATE LIMITED
Active
35.4 Cr 1 Maharashtra
MAHINDRA AGRI SOLUTIONS LIMITED
Active
178.1 Cr 1 Maharashtra
CLASSIC LEGENDS PRIVATE LIMITED
Active
754.7 Cr 2 Maharashtra
KOTAK MAHINDRA ASSET MANAGEMENT COMPANY LIMITED
Active
29.8 Cr 1 Maharashtra
HARVARD GLOBAL RESEARCH SUPPORT CENTRE INDIA
Active
92.7 L 1 Maharashtra
HARVARD BUSINESS SCHOOL PUBLISHING INDIA PRIVATE LIMITED
Active
1.0 L 1 Maharashtra
RAINA ADVISORY SERVICES PRIVATE LIMITED
Active
1.0 L 1 Maharashtra
MAHINDRA FINANCE CSR FOUNDATION
Active
10,000.0 2 Maharashtra
PROCESS INTELLIGENCE AND DYNAMICS PRIVATE LIMITED
Active
23.3 L 1 Maharashtra
CHOLAMANDALAM HEALTH INSURANCE LIMITED
Strike Off
5.0 L 1 Tamil Nadu
MAHINDRA AND MAHINDRA FINANCIAL SERVICES LIMITED
Active
247.1 Cr 2 Maharashtra
MAHINDRA SUSTEN PRIVATE LIMITED
Active
390.9 Cr 1 Maharashtra
SUSTAINABLE ENERGY INFRA INVESTMENT MANAGERS PRIVATE LIMITED
Active
12.5 Cr 1 Maharashtra
MAHINDRA MANULIFE INVESTMENT MANAGEMENT PRIVATE LIMITED
Active
382.9 Cr 1 Maharashtra

Registered Details

CIN

U65990MH1987PLC042609

PAN

AABCM0839M

Incorporation

1987, 37.9 years

Company Email

ashiyani.bhavita@mahindra.com

Paid up Capital

₹ 10.3 Cr

Authorised Capital

₹ 15.0 Cr

AGM

Jul 2024

Type

Public
Non-government Company

Last Balance Sheet Date

Mar 2024 Updated on : 20 Oct 2024
* This is the date provided by MCA, but availability for this year is not guaranteed.

FAQ - MAHINDRA INSURANCE BROKERS LIMITED

What is the incorporation date of MAHINDRA INSURANCE BROKERS LIMITED?

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The incorporation date of MAHINDRA INSURANCE BROKERS LIMITED is 18 February, 1987

What is the authorized share capital of MAHINDRA INSURANCE BROKERS LIMITED?

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The authorized share capital of MAHINDRA INSURANCE BROKERS LIMITED is INR ₹ 15.0 Cr.

What is the paid-up capital of MAHINDRA INSURANCE BROKERS LIMITED?

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The paid-up capital of MAHINDRA INSURANCE BROKERS LIMITED is INR ₹ 10.3 Cr.

What is the registered address of MAHINDRA INSURANCE BROKERS LIMITED?

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The registered address of MAHINDRA INSURANCE BROKERS LIMITED is MAHINDRA TOWERS WORLI MUMBAI Maharashtra - 400018

What is the CIN number of MAHINDRA INSURANCE BROKERS LIMITED?

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The CIN number of MAHINDRA INSURANCE BROKERS LIMITED is U65990MH1987PLC042609.

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