Marathon Electric Motors (India) Profile
Key Indicators
- Authorised Capital ₹ 20.00 Cr
- Paid Up Capital ₹ 3.99 Cr
- Company Age 21 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 51.00 Cr
- Satisfied Charges ₹ 10.00 Cr
- Revenue Growth 16.74%
- Profit Growth 8.18%
- Ebitda 244.01%
- Net Worth 16.70%
- Total Assets 13.49%
About Marathon Electric Motors (India)
Marathon Electric Motors (India) Limited (MEMIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 06 April 2004 and has a history of 21 years and one month. Its registered office is in Kolkata, West Bengal, India.
The Corporate was formerly known as Alstom Industrial Products 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 20.00 Cr and a paid-up capital of Rs 3.99 Cr.
The company currently has active open charges totaling ₹51.00 Cr. The company has closed loans amounting to ₹10.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Jean Butske, Mitul Zaveri, and Dinesh Aggarwal serve as directors at the Company.
Company Details
- Location
Kolkata, West Bengal, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U29120WB2004PLC098278
- Company No.
098278
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
06 Apr 2004
- Date of AGM
27 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Kolkata
Industry
Machinery and Equipment
What products or services does Marathon Electric Motors (India) Limited offer?
Marathon Electric Motors (India) Limited offers a wide range of products and services, including Electric Motor, Marathon Electric Motor, Crane Spare Parts, Crane Duty Motor, AC Motor, Three Phase Motor, Three Phase Electric Motor, Domestic Appliance Motors, Cooler Motor, Industrial Coolers, Blowers & Fans.
Marathon Electric Motors (India) Limited
Explore comprehensive data for Marathon Electric Motors (India) Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Marathon Electric Motors (India)?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Jean Butske  | Additional Director | 30-May-2024 | Current |
Mitul Zaveri  | Director | 29-Mar-2022 | Current |
| Dinesh Aggarwal | Additional Director | 15-Jan-2024 | Current |
Financial Performance of Marathon Electric Motors (India).
Marathon Electric Motors (India) Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 16.74% increase. The company also saw a slight improvement in profitability, with a 8.18% increase in profit. The company's net worth Soared by an impressive increase of 16.7%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Marathon Electric Motors (India)?
In 2023, Marathon Electric Motors (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.
Related Corporates (Common Directorship)
Weg Industries (India) Private LimitedJean Butske is a mutual person
Charges (Loans)
Open Charges
₹51.00 Cr
Satisfied Charges
₹10.00 Cr
Charges Breakdown by Lending Institutions
- Idbi Bank Limited : 38.00 Cr
- Hdfc Bank Limited : 13.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Sep 2022 | Hdfc Bank Limited | ₹13.00 Cr | Open |
| 15 Dec 2006 | Idbi Bank Limited | ₹38.00 Cr | Open |
| 20 Mar 2007 | Punjab National Bank | ₹10.00 Cr | Satisfied |
How Many Employees Work at Marathon Electric Motors (India)?
Marathon Electric Motors (India) has a workforce of 331 employees as of Apr 07, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Marathon Electric Motors (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 Motors (India)'s trajectory.
Rating
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
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 Motors (India)
Recent activity within the organization
- Director Appointment
Jean Carlo Butske was appointed as a Additional Director was appointed as a Additional Director on 30 May 2024 & has been associated with this company since 11 months 13 days .
- Director Appointment
Dinesh Aggarwal was appointed as a Additional Director was appointed as a Additional Director on 15 Jan 2024 & has been associated with this company since 1 year 3 months .
- Annual General Meeting
Marathon Electric Motors (India) Limited last Annual general meeting of members was held on 27 Sep 2023 as per latest MCA records.
- Balance Sheet
Marathon Electric Motors (India) Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.
- Charges
A charge registered on 20 Mar 2007 via Charge ID 10047328 with Punjab National Bank was fully satisfied on 16 Nov 2022.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 13.00 Cr with Charge ID 100628783 was registered on 21 Sep 2022.
Frequently asked questions
What is the Incorporation or founding date of Marathon Electric Motors (India) Limited?
Marathon Electric Motors (India) Limited was incorporated on 06 Apr 2004.
What is authorized share capital and paid-up capital of Marathon Electric Motors (India) Limited?
The authorized share capital of Marathon Electric Motors (India) Limited is ₹ 20.00 Cr and paid-up capital is ₹ 3.99 Cr.
Who are the current board members & directors of Marathon Electric Motors (India) Limited?
Currently 3 directors are associated with Marathon Electric Motors (India) Limited.
- Jean Carlo Butske
- Mitul Bharatkumar Zaveri
- Dinesh Aggarwal
What is the registered address of Marathon Electric Motors (India) Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Marathon Electric Motors (India) Limited is 1, Taratala Road India, Kolkata, West Bengal, 700024.
What is the corporate identification number (CIN) and company number of Marathon Electric Motors (India) Limited?
The corporate identification number (CIN) of Marathon Electric Motors (India) Limited is U29120WB2004PLC098278 and the company number is 098278 as per Ministry of Corporate Affairs (MCA).
What is the official website of Marathon Electric Motors (India) Limited?
The Official website of Marathon Electric Motors (India) Limited is https://www.marathonelectric.in
What has been the recent revenue trend for Marathon Electric Motors (India) Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Marathon Electric Motors (India) Limited has risen by 16.74%.
How many employees does Marathon Electric Motors (India) Limited currently have?
As Per 2023 financial reports, 331 employees are currently employed by Marathon Electric Motors (India) Limited.
What change has been observed in the net worth of Marathon Electric Motors (India) Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Marathon Electric Motors (India) Limited has experienced an upsurge of 16.70%.
What are the total open charges for Marathon Electric Motors (India) Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Marathon Electric Motors (India) Limited amount to ₹ 51.00 Cr.
When was the last Balance Sheet of Marathon Electric Motors (India) Limited filed with the ROC?
The most recent Balance Sheet for Marathon Electric Motors (India) Limited was filed with the ROC on 31 Mar 2023.
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