Marikar (Motors) Ltd

This company is involved in two-wheeler dealership, Canon product sales, and wholesale distribution of spare parts.

1940 | Thiruvananthapuram, Kerala (India) | Active
Last Updated:

Marikar (Motors) Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 3.00 Cr
  • Company Age 84 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 30.80 Cr
  • Satisfied Charges ₹ 38.24 Cr
  • Revenue Growth 20.74%
  • Profit Growth 130.09%
  • Ebitda 59.44%
  • Net Worth 8.84%
  • Total Assets 1.40%

About Marikar (Motors)

Marikar (Motors) Ltd (MML) was founded in India on 28 March 1940 and has a glorious history of 84 years and 11 months. Its registered office is in Thiruvananthapuram, Kerala, India.

The Company is engaged in the Automotive Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 3.00 Cr.

The company currently has active open charges totaling ₹30.80 Cr. The company has closed loans amounting to ₹38.24 Cr, as per Ministry of Corporate Affairs (MCA) records.

Zulfiquar Marikar, Bijoy Prabhakaran, Roy Peter, and One other member serve as directors at the Company.

Company Details

  • Location

    Thiruvananthapuram, Kerala, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U50300KL1940PLC000697

  • Company No.

    000697

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    28 Mar 1940

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ernakulam

Industry

Automotive

What products or services does Marikar (Motors) Ltd offer?

Marikar (Motors) Ltd offers a wide range of products and services, including Motorcycle, Two Wheelers, Honda Motorcycle, Scooter, Honda Activa Scooter, Motorcycles and Cars, Power Bike, Large Format Printers, HP Large Format Printer, Motor Scooters.

Company report

Marikar (Motors) Ltd

Explore comprehensive data for Marikar (Motors) Ltd, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Marikar (Motors)?

Executive Team (1)

NameDesignationAppointment DateStatus
Zulfiquar Marikar Country flag representing In Managing Director01-Sep-2013Current

Board Members (3)

NameDesignationAppointment DateStatus
Bijoy Prabhakaran Country flag representing In Director 26-Apr-2022Current
Roy Peter Country flag representing In Director 01-Apr-2011Current
Sabiha Marikar Country flag representing In Director 25-Jan-2022Current

Financial Performance of Marikar (Motors).

Marikar (Motors) Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 20.74% increase. The company also saw a substantial improvement in profitability, with a 130.09% increase in profit. The company's net worth moved up by a moderate rise of 8.84%.

Marikar (Motors) revenue growth over time
Marikar (Motors) 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
20.74%
Revenue from Operations
20.74%
Total Assets
1.40%
Profit or Loss
130.09%
Net Worth
8.84%
EBITDA
59.44%

What is the Ownership and Shareholding Structure of Marikar (Motors)?

In 2023, Marikar (Motors) had a promoter holding of 55.37% and a public holding of 44.63%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹30.80 Cr

Satisfied Charges

₹38.24 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of Travancore : 13.25 Cr
  • Others : 8.20 Cr
  • Hdfc Bank Limited : 7.35 Cr
  • State Bank Of India : 2.00 Cr

Latest Charge Details

DateLenderAmountStatus
31 Dec 2024Others₹3.45 CrOpen
31 Dec 2024Others₹4.00 CrOpen
26 Sep 2023Others₹7.48 MOpen
21 Dec 2021State Bank Of India₹2.00 CrOpen
08 Oct 2015Hdfc Bank Limited₹7.35 CrOpen

How Many Employees Work at Marikar (Motors)?

Marikar (Motors) has a workforce of 409 employees as of Apr 10, 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 Marikar (Motors) Ltd

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Marikar (Motors), 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 Marikar (Motors)'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 Marikar (Motors)

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 3.45 Cr with Charge ID 101035927 was registered on 31 Dec 2024.

  • Charges

    A charge with Others amounted to Rs. 4.00 Cr with Charge ID 101037691 was registered on 31 Dec 2024.

  • Charges

    A charge registered on 20 Jul 2015 via Charge ID 10585890 with State Bank Of Travancore was fully satisfied on 18 Dec 2024.

  • Annual General Meeting

    Marikar (Motors) Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Marikar (Motors) Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ernakulam.

  • Charges

    A charge registered on 16 May 2019 via Charge ID 100271046 with Others was fully satisfied on 11 Dec 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Marikar (Motors) Ltd?

    Marikar (Motors) Ltd was incorporated on 28 Mar 1940.

  • What is authorized share capital and paid-up capital of Marikar (Motors) Ltd?

    The authorized share capital of Marikar (Motors) Ltd is ₹ 5.00 Cr and paid-up capital is ₹ 3.00 Cr.

  • Who are the current board members & directors of Marikar (Motors) Ltd?

    Currently 4 directors are associated with Marikar (Motors) Ltd.

    • Zulfiquar Marikar
    • Bijoy Pulipra Prabhakaran
    • Roy Peter
    • Sabiha Marikar
  • What is the registered address of Marikar (Motors) Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of Marikar (Motors) Ltd is Post Box No 9M G Road Marikar Bldg India, Trivandrum, Kerala, 695001.

  • What is the corporate identification number (CIN) and company number of Marikar (Motors) Ltd?

    The corporate identification number (CIN) of Marikar (Motors) Ltd is U50300KL1940PLC000697 and the company number is 000697 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Marikar (Motors) Ltd?

    The Official website of Marikar (Motors) Ltd is https://www.marikarmotors.com

  • What has been the recent revenue trend for Marikar (Motors) Ltd?

    According to the financial reports for the fiscal year 2023, the revenue trend for Marikar (Motors) Ltd has risen by 20.74%.

  • How many employees does Marikar (Motors) Ltd currently have?

    As Per 2023 financial reports, 409 employees are currently employed by Marikar (Motors) Ltd.

  • What change has been observed in the net worth of Marikar (Motors) Ltd, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Marikar (Motors) Ltd has experienced an upsurge of 8.84%.

  • What are the total open charges for Marikar (Motors) Ltd?

    As per the financial statements for fiscal Year 2023, The total open charges for Marikar (Motors) Ltd amount to ₹ 30.80 Cr.

  • When was the last Balance Sheet of Marikar (Motors) Ltd filed with the ROC?

    The most recent Balance Sheet for Marikar (Motors) Ltd was filed with the ROC on 31 Mar 2024.

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