Marathon Electric Motors (India) Limited logo

Marathon Electric Motors (India) Limited

Manufactures industrial fans and motors for OEMs and distributors.
2004 | Kolkata, West Bengal (India) | Active

Last Updated:

October 24, 2024
HomeCompanyMarathon Electric Motors (India) Limited

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

Board Members(3)

NameDesignationAppointment DateStatus
Jean Butske Br Additional Director 30-May-2024Current
Mitul Zaveri In Director 29-Mar-2022Current
Dinesh Aggarwal In Additional Director 15-Jan-2024Current

Financial Performance and Corporate Structure Insights 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%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
16.74%
Revenue from Operations
16.39%
Total Assets
13.49%
Profit or Loss
8.18%
Net Worth
16.70%
EBITDA
244.01%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹51.00 Cr

₹10.00 Cr

LenderAmountStatus

Hdfc Bank Limited

Creation Date: 21 Sep 2022
₹13.00 CrOpen

Idbi Bank Limited

Creation Date: 15 Dec 2006
₹38.00 CrOpen

Punjab National Bank

Creation Date: 20 Mar 2007
₹10.00 CrSatisfied

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.

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Rating

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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 6 months 22 days .

    30 May 2024

  • 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 11 months 5 days .

    15 Jan 2024

  • 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.

    27 Sep 2023

  • Balance Sheet

    Marathon Electric Motors (India) Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.

    31 Mar 2023

  • Charges

    A charge registered on 20 Mar 2007 via Charge ID 10047328 with Punjab National Bank was fully satisfied on 16 Nov 2022.

    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.

    21 Sep 2022

Frequently asked questions

  • Marathon Electric Motors (India) Limited was incorporated on 06 Apr 2004.

  • The authorized share capital of Marathon Electric Motors (India) Limited is ₹ 20.00 Cr and paid-up capital is ₹ 3.99 Cr.

  • Currently 3 directors are associated with Marathon Electric Motors (India) Limited.

    • Jean Carlo Butske
    • Mitul Bharatkumar Zaveri
    • Dinesh Aggarwal
  • 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.

  • 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).

  • The Official website of Marathon Electric Motors (India) Limited is https://www.marathonelectric.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Marathon Electric Motors (India) Limited has risen by 16.74%.

  • As Per 2023 financial reports, 331 employees are currently employed by Marathon Electric Motors (India) Limited.

  • 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%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Marathon Electric Motors (India) Limited amount to ₹ 51.00 Cr.

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

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