Morarjee Textiles Profile
Key Indicators
- Authorised Capital ₹ 60.55 Cr
- Paid Up Capital ₹ 25.43 Cr
- Company Age 29 Year, 7 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
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
Industry
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.
Who are the key members and board of directors at Morarjee Textiles?
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Devesh Dadheech  | Director | 26-Jun-2020 | Current |
| Ajay Singh | Director | 08-Feb-2017 | Current |
| Kishor Dhage | Whole-Time Director | 12-Oct-2023 | Current |
| Archit Jayakar | Director | 29-Jan-2020 | Current |
| Alpana Chinai | Director | 19-Dec-2019 | Current |
| Harshvardhan Piramal | Whole-Time Director | 01-Jun-2004 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
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Lava International LimitedAjay Singh is a mutual person
Piramal Nextgen Industries Private LimitedAlpana Chinai is a mutual person
Ashok Piramal Management Corporation LimitedHarshvardhan Piramal is a mutual person
Air Works India (Engineering)Pvt LtdAjay Singh is a mutual person
Charges (Loans)
₹693.50 Cr
₹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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Nov 2019 | Others | ₹114.00 Cr | Open |
| 15 Oct 2019 | Others | ₹25.50 Cr | Open |
| 10 May 2018 | Idbi Trusteeship Services Limited | ₹175.00 Cr | Open |
| 02 Nov 2016 | Others | ₹7.00 Cr | Open |
| 28 May 2015 | Idbi Trusteeship Services Limited | ₹108.00 Cr | Open |
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.
Deals i
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
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.
