Marudhar Industries Profile
Key Indicators
- Authorised Capital ₹ 15.00 Cr
- Paid Up Capital ₹ 11.73 Cr
- Company Age 41 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 140.07 Cr
- Satisfied Charges ₹ 80.62 Cr
- Revenue Growth -4.50%
- Profit Growth -4.15%
- Ebitda -6.89%
- Net Worth 6.44%
- Total Assets 13.43%
About Marudhar Industries
Marudhar Industries Limited (MIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 18 May 1983 and has a history of 41 years and eight months. Its registered office is in Ahmedabad, Gujarat, India.
The Corporate was formerly known as Kartic Traders & Exporters Limited. The Company is engaged in the Packaging 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 15.00 Cr and a paid-up capital of Rs 11.73 Cr.
The company currently has active open charges totaling ₹140.07 Cr. The company has closed loans amounting to ₹80.62 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Marudhar Industries Limited India are Azizbhai Gohil as COMPANY SECRETARY and Paresh Prajapati as Cfo. Bhavesh Jain, Subhashchandra Mandavat, Naresh Santoshkumar, and Three other members serve as directors at the Company.
Company Details
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Location
Ahmedabad, Gujarat, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
L91110GJ1983PLC022203
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Company No.
022203
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
18 May 1983
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Listed
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ROC Code
Roc Ahmedabad
Industry
What products or services does Marudhar Industries Limited offer?
Marudhar Industries Limited offers a wide range of products and services, including Metal & Metal Made Products, Aluminum Sheets, Packaging Pouches & Envelopes, Plastic Packaging Bags, Paper & Paper Made Products, Laminated Paper.
Who are the key members and board of directors at Marudhar Industries?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Azizbhai Gohil | Company Secretary | 01-Jul-2021 | Current |
Naresh Santoshkumar
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Managing Director | 01-Aug-2001 | Current |
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Paresh Prajapati
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CFO | 30-May-2016 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
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Bhavesh Jain
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Whole-Time Director | 15-May-2010 | Current |
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Subhashchandra Mandavat
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Director | 05-Jan-2023 | Current |
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Darsha Kikani
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Director | 22-Jan-2018 | Current |
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Pawan Murarka
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Director | 05-Jan-2023 | Current |
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Poojan Bhandari
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Director | 21-Feb-2022 | Current |
Financial Performance of Marudhar Industries.
Marudhar Industries Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 4.5% decrease. The company also saw a slight decrease in profitability, with a 4.15% decrease in profit. The company's net worth moved up by a moderate rise of 6.44%.
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What is the Ownership and Shareholding Structure of Marudhar Industries?
In 2023, Marudhar Industries had a promoter holding of 98.79% and a public holding of 1.21%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Charges (Loans)
₹140.07 Cr
₹80.62 Cr
Charges Breakdown by Lending Institutions
- Others : 87.81 Cr
- Hdfc Bank Limited : 52.26 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Dec 2020 | Others | ₹17.11 Cr | Open |
| 20 Jan 2016 | Others | ₹48.30 Cr | Open |
| 21 Jul 2014 | Others | ₹22.40 Cr | Open |
| 24 Jul 2012 | Hdfc Bank Limited | ₹52.26 Cr | Open |
| 30 Dec 2017 | Others | ₹10.00 Cr | Satisfied |
How Many Employees Work at Marudhar Industries?
Marudhar Industries has a workforce of 348 employees as of Mar 29, 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 Marudhar Industries, 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 Marudhar Industries'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.
