Marathon Electric Motors (India) Profile
Key Indicators
- Authorised Capital ₹ 20.00 Cr
- Paid Up Capital ₹ 3.99 Cr
- Company Age 20 Year, 10 Months
- 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 20 years and ten months. 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
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.
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
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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)
₹51.00 Cr
₹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.
