Morarjee Textiles Limited

Textile manufacturer with shirting and printed fabric divisions, serving high-end clients globally.

1995 | Mumbai, Maharashtra (India) | Under Insolvency
Last Updated:

Morarjee Textiles Profile

Key Indicators

  • Authorised Capital ₹ 60.55 Cr
  • Paid Up Capital ₹ 25.43 Cr
  • Company Age 29 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 693.50 Cr
  • Satisfied Charges ₹ 528.14 Cr
  • Revenue Growth -23.89%
  • Profit Growth -110.43%
  • Ebitda -958.63%
  • Net Worth -198.72%
  • Total Assets -19.66%

About Morarjee Textiles

Morarjee Textiles Limited (MTL) is Under Cirp company established on 14 Jul 1995 with its office registered at Mumbai, Maharashtra, India and has been running since 29 Year, 10 Months with a paid up capital of 25.43 Cr. According to MCA records, 6 Directors are linked to this company as of 15 Jan 2025.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L52322MH1995PLC090643

  • Company No.

    090643

  • Stock Symbol

    BSE : 532621 NSE : MORARJEE

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    14 Jul 1995

  • Date of AGM

    27 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

What products or services does Morarjee Textiles Limited offer?

Morarjee Textiles Limited offers a wide range of products and services, including Apparel & Clothing Fabric, Shirting Fabrics, Apparel Fabrics & Clothing Textiles, Printed Fabrics, Fancy Fabric, Natural Fabric.

Company report

Morarjee Textiles Limited

Explore comprehensive data for Morarjee Textiles Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Morarjee Textiles?

Board Members (6)

NameDesignationAppointment DateStatus
Devesh Dadheech Country flag representing In Director 26-Jun-2020Current
Ajay Singh Country flag representing In Director 08-Feb-2017Current
Kishor Dhage Country flag representing In Whole-Time Director 12-Oct-2023Current
Archit Jayakar Country flag representing In Director 29-Jan-2020Current
Alpana Chinai Country flag representing In Director 19-Dec-2019Current
Harshvardhan Piramal Country flag representing In Whole-Time Director 01-Jun-2004Current

Financial Performance of Morarjee Textiles.

Morarjee Textiles Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 23.89% decrease. The company also saw a substantial fall in profitability, with a 110.43% decrease in profit. The company's net worth observed a substantial decline by a decrease of 198.72%.

Morarjee Textiles revenue growth over time
Morarjee Textiles 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
-23.89%
Revenue from Operations
-24.04%
Total Assets
-19.66%
Profit or Loss
-110.43%
Net Worth
-198.72%
EBITDA
-958.63%

What is the Ownership and Shareholding Structure of Morarjee Textiles?

In 2023, Morarjee Textiles had a promoter holding of 63.88% and a public holding of 36.13%. The company had 1 Joint Venture. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹693.50 Cr

Satisfied Charges

₹528.14 Cr

Charges Breakdown by Lending Institutions

  • Idbi Trusteeship Services Limited : 478.00 Cr
  • Others : 146.50 Cr
  • Allahabad Bank : 45.00 Cr
  • Idbi Bank Limited : 24.00 Cr

Latest Charge Details

DateLenderAmountStatus
26 Nov 2019Others₹114.00 CrOpen
15 Oct 2019Others₹25.50 CrOpen
10 May 2018Idbi Trusteeship Services Limited₹175.00 CrOpen
02 Nov 2016Others₹7.00 CrOpen
28 May 2015Idbi Trusteeship Services Limited₹108.00 CrOpen

How Many Employees Work at Morarjee Textiles?

Morarjee Textiles has a workforce of 761 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.

Employee growth trends for Morarjee Textiles Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Morarjee Textiles, 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 Morarjee Textiles'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 Morarjee Textiles

Recent activity within the organization

  • Director Appointment

    Kishor Krushnaji Dhage was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 12 Oct 2023 & has been associated with this company since 1 year 7 months .

  • Annual General Meeting

    Morarjee Textiles Limited last Annual general meeting of members was held on 27 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Morarjee Textiles Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

  • Charges

    A charge with Others of Rs. 114.00 Cr registered on 26 Nov 2019 with Charge ID 100309617 was modified on 02 Dec 2021.

  • Director Appointment

    Archit Mohan Jayakar was appointed as a Director was appointed as a Director on 29 Jan 2020 & has been associated with this company since 5 years 3 months .

  • Director Appointment

    Alpana Samir Chinai was appointed as a Director was appointed as a Director on 19 Dec 2019 & has been associated with this company since 5 years 5 months .

Frequently asked questions

  • What is the Incorporation or founding date of Morarjee Textiles Limited?

    Morarjee Textiles Limited was incorporated on 14 Jul 1995.

  • What is authorized share capital and paid-up capital of Morarjee Textiles Limited?

    The authorized share capital of Morarjee Textiles Limited is ₹ 60.55 Cr and paid-up capital is ₹ 25.43 Cr.

  • Who are the current board members & directors of Morarjee Textiles Limited?

    Currently 6 directors are associated with Morarjee Textiles Limited.

    • Ajay Kumar Singh
    • Kishor Krushnaji Dhage
    • Archit Mohan Jayakar
    • Devesh Harishchandra Dadheech
    • Alpana Samir Chinai
    • Harshvardhan Ashok Piramal

  • What is the registered address of Morarjee Textiles Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Morarjee Textiles Limited is 242 Floor -G-1 New Mahalaxmi Silk Mill Harishchandra L Nagoankar Marg Mathuradas Mills Compound, Lower Parel India, Mumbai, Maharashtra, 400013.

  • What is the corporate identification number (CIN) and company number of Morarjee Textiles Limited?

    The corporate identification number (CIN) of Morarjee Textiles Limited is L52322MH1995PLC090643 and the company number is 090643 as per Ministry of Corporate Affairs (MCA).

  • Is Morarjee Textiles Limited registered with any stock exchange in India?

    Yes, Morarjee Textiles Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): MORARJEE.

  • What is the official website of Morarjee Textiles Limited?

    The Official website of Morarjee Textiles Limited is https://www.morarjee.com

  • What has been the recent revenue trend for Morarjee Textiles Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Morarjee Textiles Limited has fallen by -23.89%.

  • How many employees does Morarjee Textiles Limited currently have?

    As Per 2023 financial reports, 761 employees are currently employed by Morarjee Textiles Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Morarjee Textiles Limited has experienced an downturn of -198.72%.

  • What are the total open charges for Morarjee Textiles Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Morarjee Textiles Limited amount to ₹ 693.50 Cr.

  • When was the last Balance Sheet of Morarjee Textiles Limited filed with the ROC?

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

Unlock Business Insights – Explore Instantly!

Search company & director profiles for free and gain access to critical business data.

  • 3.1M+ Companies
  • 15M+ Legal Cases
  • 525K+ Credit Ratings
  • 5.8M+ Directors & KMP
  • 750K+ Regulatory Alerts
  • 1.1M+ Companies' Financial Records
Start Free Trial

People also Viewed

Similar Companies Based on Textile & Fabric Production