Marudhar Industries Limited

Manufactures aluminum foils, flexible packaging, and pouches for various industries including pharmaceutical, agriculture, and oil.

1983 | Ahmedabad, Gujarat (India) | Active
Last Updated:

Marudhar Industries Profile

Key Indicators

  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 11.73 Cr
  • Company Age 41 Year, 9 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 nine 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

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    marudharindia.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L91110GJ1983PLC022203

  • Company No.

    022203

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    18 May 1983

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Ahmedabad

Industry

Packaging

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)

NameDesignationAppointment DateStatus
Azizbhai Gohil Company Secretary01-Jul-2021Current
Naresh Santoshkumar Country flag representing In Managing Director01-Aug-2001Current
Paresh Prajapati Country flag representing In CFO30-May-2016Current

Board Members (5)

NameDesignationAppointment DateStatus
Bhavesh Jain Country flag representing In Whole-Time Director 15-May-2010Current
Subhashchandra Mandavat Country flag representing In Director 05-Jan-2023Current
Darsha Kikani Country flag representing In Director 22-Jan-2018Current
Pawan Murarka Country flag representing In Director 05-Jan-2023Current
Poojan Bhandari Country flag representing In Director 21-Feb-2022Current

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%.

Marudhar Industries revenue growth over time
Marudhar Industries 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
-4.50%
Revenue from Operations
-4.76%
Total Assets
13.43%
Profit or Loss
-4.15%
Net Worth
6.44%
EBITDA
-6.89%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹140.07 Cr

Satisfied Charges

₹80.62 Cr

Charges Breakdown by Lending Institutions

  • Others : 87.81 Cr
  • Hdfc Bank Limited : 52.26 Cr

Latest Charge Details

DateLenderAmountStatus
23 Dec 2020Others₹17.11 CrOpen
20 Jan 2016Others₹48.30 CrOpen
21 Jul 2014Others₹22.40 CrOpen
24 Jul 2012Hdfc Bank Limited₹52.26 CrOpen
30 Dec 2017Others₹10.00 CrSatisfied

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.

Employee growth trends for Marudhar Industries Limited

Deals i

Graph showing company valuation over time

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

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 Marudhar Industries

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 17.11 Cr registered on 23 Dec 2020 with Charge ID 100411730 was modified on 20 Jan 2024.

  • Charges

    A charge with Others of Rs. 48.30 Cr registered on 20 Jan 2016 with Charge ID 10616966 was modified on 20 Jan 2024.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 52.26 Cr registered on 24 Jul 2012 with Charge ID 10366756 was modified on 10 Nov 2023.

  • Annual General Meeting

    Marudhar Industries Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Marudhar Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

  • Director Appointment

    Subhashchandra Kanhaiyalal Mandavat was appointed as a Director was appointed as a Director on 05 Jan 2023 & has been associated with this company since 2 years 2 months .

Frequently asked questions

  • What is the Incorporation or founding date of Marudhar Industries Limited?

    Marudhar Industries Limited was incorporated on 18 May 1983.

  • What is authorized share capital and paid-up capital of Marudhar Industries Limited?

    The authorized share capital of Marudhar Industries Limited is ₹ 15.00 Cr and paid-up capital is ₹ 11.73 Cr.

  • Who are the current board members & directors of Marudhar Industries Limited?

    Currently 8 directors are associated with Marudhar Industries Limited.

    • Azizbhai Hasanbhai Gohil
    • Bhavesh Santoshkumar Jain
    • Subhashchandra Kanhaiyalal Mandavat
    • Naresh Jain Santoshkumar
    • Darsha Kikani
    • Pawan Kumar Murarka
    • Paresh Purshottamdas Prajapati
    • Poojan Bhandari

  • What is the registered address of Marudhar Industries Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Marudhar Industries Limited is 611 G I D C Phase Iv Vatvaindl Estate Vatva, Ahmedabad, Gujarat, India, 382445.

  • What is the corporate identification number (CIN) and company number of Marudhar Industries Limited?

    The corporate identification number (CIN) of Marudhar Industries Limited is L91110GJ1983PLC022203 and the company number is 022203 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Marudhar Industries Limited?

    The Official website of Marudhar Industries Limited is https://www.marudharindia.com

  • What has been the recent revenue trend for Marudhar Industries Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Marudhar Industries Limited has fallen by -4.50%.

  • How many employees does Marudhar Industries Limited currently have?

    As Per 2023 financial reports, 348 employees are currently employed by Marudhar Industries Limited.

  • What change has been observed in the net worth of Marudhar Industries Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Marudhar Industries Limited has experienced an upsurge of 6.44%.

  • What are the total open charges for Marudhar Industries Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Marudhar Industries Limited amount to ₹ 140.07 Cr.

  • When was the last Balance Sheet of Marudhar Industries Limited filed with the ROC?

    The most recent Balance Sheet for Marudhar Industries Limited was filed with the ROC on 31 Mar 2023.

People also Viewed

Similar Companies Based on Packaging Films & Foils