Mitsubishi Electric India Pvt Ltd

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OVERVIEW
FINANCIALS

About

Mitsubishi Electric India Private Limited is a subsidiary of Japanese electronic equipment manufacturer, Mitsubishi Electric Corporation. The company ventured into the Indian market with the production of electric locomotives and has since expanded its product portfolio. Mitsubishi India now offers air conditioning systems, semiconductors, transportation systems, factory automation and imaging solutions, among other products and services. The company has 9 technical offices and 1 R&D centre situated in India. The insights developed in these offices are utilised in the manufacturing facility to deliver solutions to clients. Mitsubishi India emphasises on the importance of environment revitalisation and has partnered up with Mitsubishi Elevator India to restore the Channappannahalli Lake in Bengaluru to its natural state.

Incorporation Year: 2010
Headquarters: Gurugram, Haryana
Top Management: Mitsubishi Electric Corporation
Industry: Electronics

Featured In Fortune India Ranking

Next 500 India
#21(2024)#59(2023)#49(2022)
#21(2024)#59(2023)#49(2022)
Ranking Trend Fortune Next 500 India

Financial Data 2024

Revenue
3,853
(INR Cr)
Net Operating Income
3,639
(INR Cr)
Assets
1,671
(INR Cr)
Profit
169
(INR Cr)
Net Worth
1,575
(INR Cr)

Financial Data

RevenueNet Operating IncomeProfitAssetsNet Worth
PARAMETERS20242023202220212020201920182017201620152014201320122011
Revenue
(INR Cr)
3853
16.2%
3317
44.1%
2303
35.5%
1699
-17.1%
2051
0.7%
2037
29.0%
1579
6.9%
1478
28.0%
1155
8.9%
1061
71.7%
618
53.8%
402
89.2%
212
1206.3%
16
-
Net Operating Income
(INR Cr)
3639
20.59%
3018
35.33%
2230
32.43%
1684
-16.50%
2017
9.54%
1841
15.76%
1590
13.43%
1402
11.97%
1252
35.20%
926
49.93%
618
53.79%
402
89.22%
212
1,206.28%
16
0.00%
Profit
(INR Cr)
169
93.8%
87
10.7%
79
372.5%
17
-55.3%
37
-22.1%
48
31.6%
36
56.3%
23
32.5%
18
591.7%
3
-48.2%
5
-
-4
-
-6
-
-1
-
Assets
(INR Cr)
1671
44.5%
1157
49.6%
773
29.0%
599
2.7%
584
20.6%
484
22.0%
397
11.8%
355
8.5%
327
17.2%
279
53.1%
182
3.3%
176
1.6%
174
253.0%
49
-
Net Worth
(INR Cr)
1575
46.9%
1073
55.8%
689
35.5%
508
3.4%
492
8.1%
455
19.7%
380
10.2%
345
6.9%
323
20.2%
268
54.4%
174
2.9%
169
-2.1%
173
252.7%
49
0.0%
Employee Cost
(INR Cr)
215
4.2%
206
23.7%
167
0.6%
166
-4.3%
173
24.5%
139
17.8%
118
9.0%
109
14.1%
95
22.6%
78
-
0
-
0
-
0
-
0
-
Interest Cost
(INR Cr)
201716178011100000
Cash & Bank Balance
(INR Cr)
799551488301274223123162129119123414539
Total Debt
(INR Cr)
00000000000000

Key Financial Ratios

Profit As % Of RevenuesRONW %Interest Cost to EBITDA %ROCE %Debt to Equity Ratio
PARAMETERS20242023202220212020201920182017201620152014201320122011
Profit As % Of Revenues 4.4%2.6%3.4%1.0%1.8%2.4%2.3%1.6%1.5%0.2%0.8%---
Profit As % Of Assets 10.1%7.5%10.2%2.8%6.4%9.9%9.2%6.6%5.4%0.9%2.7%---
Profit As % Of Networth 10.7%8.1%11.4%3.3%7.6%10.5%9.6%6.8%5.5%1.0%2.8%---
Interest Cost to EBITDA % 8.8%12.7%12.2%32.5%9.6%0.7%0.9%1.7%2.0%1.0%----
Debt to Equity Ratio -------------0.00
RONW 12.8%9.9%13.2%3.3%7.9%11.5%10.0%5.3%5.9%-0.3%2.8%---
ROCE 17.3%13.8%17.6%6.6%11.7%17.1%14.8%7.6%7.6%0.2%0.8%0.0%0.0%0.0%