Marathon Electric India Private Limited

Manufacturer and exporter of motors for various applications, including HVAC, pumps, and industrial fans.

1994 | Haryana, Haryana (India) | Active
Last Updated:

Marathon Electric India Profile

Key Indicators

  • Authorised Capital ₹ 4.50 Cr
  • Paid Up Capital ₹ 3.32 Cr
  • Company Age 30 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 45.00 Cr
  • Revenue Growth -14.55%
  • Profit Growth -60.20%
  • Ebitda -34.27%
  • Net Worth 4.03%
  • Total Assets 1.69%

About Marathon Electric India

Marathon Electric India Private Limited (MEIPL) is a leading Private Limited Foreign Company Incorporated In India incorporated in India on 13 October 1994 and has a history of 30 years and six months. Its registered office is in Haryana, Haryana, India.

The Corporate was formerly known as Gemi Motors India Private Limited. The Company is engaged in the Machinery And Equipment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 4.50 Cr and a paid-up capital of Rs 3.32 Cr.

The company has closed loans amounting to ₹45.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Marathon Electric India Private Limited India is Arvind Pasricha as COMPANY SECRETARY. Rishi Bhatnagar, Sachin Jain, and Vivek Bali serve as directors at the Company.

Company Details

  • Location

    Haryana, Haryana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U31909HR1994FTC032429

  • Company No.

    032429

  • Company Classification

    Private Limited Foreign Company Incorporated In India

  • Incorporation Date

    13 Oct 1994

  • Date of AGM

    29 Dec 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Machinery and Equipment

What products or services does Marathon Electric India Private Limited offer?

Marathon Electric India Private Limited offers a wide range of products and services, including Air Compressors, Accessories & Parts, Compressor Spare Parts & Consumables, Electric Motors and Components, AC Motor, Electric Motor, Crane Spare Parts, Crane Duty Motor, Axial Fans, Axial Flow Fans, Industrial Fans.

Company report

Marathon Electric India Private Limited

Explore comprehensive data for Marathon Electric India Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Marathon Electric India?

Executive Team (1)

NameDesignationAppointment DateStatus
Arvind Pasricha Country flag representing In Company Secretary01-Feb-2012Current

Board Members (3)

NameDesignationAppointment DateStatus
Rishi Bhatnagar Country flag representing In Director 19-Jul-2023Current
Sachin Jain Country flag representing In Director 26-Aug-2019Current
Vivek Bali Country flag representing In Additional Director 27-Apr-2024Current

Financial Performance of Marathon Electric India.

Marathon Electric India Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 14.55% decrease. The company also saw a substantial fall in profitability, with a 60.2% decrease in profit. The company's net worth moved up by a moderate rise of 4.03%.

Marathon Electric India revenue growth over time
Marathon Electric India profit and loss trends over time
  • 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
-14.55%
Revenue from Operations
-11.82%
Total Assets
1.69%
Profit or Loss
-60.20%
Net Worth
4.03%
EBITDA
-34.27%

What is the Ownership and Shareholding Structure of Marathon Electric India?

In 2023, Marathon Electric India had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹45.00 Cr

Charges Breakdown by Lending Institutions

  • Abn Anro Bank N.V. : 25.00 Cr
  • The Hongkong And Shanghai Banking Cor. Ltd. : 20.00 Cr

Latest Charge Details

DateLenderAmountStatus
07 Feb 2000Abn Anro Bank N.V.₹25.00 CrSatisfied
19 Sep 1995The Hongkong And Shanghai Banking Cor. Ltd.₹20.00 CrSatisfied

How Many Employees Work at Marathon Electric India?

Marathon Electric India has a workforce of 920 employees as of Mar 22, 2024. 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 growth trends for Marathon Electric India Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Marathon Electric India, 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 Marathon Electric India'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.

Latest Updates, News, and FAQs on Marathon Electric India

Recent activity within the organization

  • Director Appointment

    Vivek Bali was appointed as a Additional Director was appointed as a Additional Director on 27 Apr 2024 & has been associated with this company since 1 year 13 days .

  • Annual General Meeting

    Marathon Electric India Private Limited last Annual general meeting of members was held on 29 Dec 2023 as per latest MCA records.

  • Director Appointment

    Rishi Bhatnagar was appointed as a Director was appointed as a Director on 19 Jul 2023 & has been associated with this company since 1 year 9 months .

  • Balance Sheet

    Marathon Electric India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

  • Director Appointment

    Sachin Jain was appointed as a Director was appointed as a Director on 26 Aug 2019 & has been associated with this company since 5 years 8 months .

  • Director Appointment

    Arvind Pasricha was appointed as a Company Secretary was appointed as a Company Secretary on 01 Feb 2012 & has been associated with this company since 13 years 3 months .

Frequently asked questions

  • What is the Incorporation or founding date of Marathon Electric India Private Limited?

    Marathon Electric India Private Limited was incorporated on 13 Oct 1994.

  • What is authorized share capital and paid-up capital of Marathon Electric India Private Limited?

    The authorized share capital of Marathon Electric India Private Limited is ₹ 4.50 Cr and paid-up capital is ₹ 3.32 Cr.

  • Who are the current board members & directors of Marathon Electric India Private Limited?

    Currently 4 directors are associated with Marathon Electric India Private Limited.

    • Rishi Bhatnagar
    • Sachin Jain
    • Vivek Bali
    • Arvind Pasricha
  • What is the registered address of Marathon Electric India Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Marathon Electric India Private Limited is Faridabad, Haryana, India, 121004.

  • What is the corporate identification number (CIN) and company number of Marathon Electric India Private Limited?

    The corporate identification number (CIN) of Marathon Electric India Private Limited is U31909HR1994FTC032429 and the company number is 032429 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Marathon Electric India Private Limited?

    The Official website of Marathon Electric India Private Limited is https://www.marathonelectric.in

  • What has been the recent revenue trend for Marathon Electric India Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Marathon Electric India Private Limited has fallen by -14.55%.

  • How many employees does Marathon Electric India Private Limited currently have?

    As Per 2023 financial reports, 920 employees are currently employed by Marathon Electric India Private Limited.

  • What change has been observed in the net worth of Marathon Electric India Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Marathon Electric India Private Limited has experienced an upsurge of 4.03%.

  • When was the last Balance Sheet of Marathon Electric India Private Limited filed with the ROC?

    The most recent Balance Sheet for Marathon Electric India Private Limited was filed with the ROC on 31 Mar 2023.

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