Morarka Finance Limited

Non-banking finance company specializing in portfolio management, investments, and corporate advisory services.

1985 | Mumbai, Maharashtra (India) | Active
Last Updated: June 24, 2024

Morarka Finance Profile

Key Indicators

  • Authorised Capital ₹ 6.30 Cr
  • Paid Up Capital ₹ 4.50 Cr
  • Company Age 39 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 30.69%
  • Profit Growth 26.76%
  • Ebitda 35.02%
  • Net Worth -29.47%
  • Total Assets -29.26%

About Morarka Finance

Morarka Finance Limited (MFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 15 March 1985 and has a history of 39 years and ten months. Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 511549.

The Company is engaged in the Financial Services 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 6.30 Cr and a paid-up capital of Rs 4.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Morarka Finance Limited India are Pranay Morarka as Ceo, Premchand Singh as Cfo, and Divya Agarwal as Company Secretary. Priyanka Morarka, Sudhir Nevatia, Savitha Rao, and Three other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L67120MH1985PLC035632

  • Company No.

    035632

  • Stock Symbol

    BSE : 511549

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    15 Mar 1985

  • Date of AGM

    26 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Financial Services

Who are the key members and board of directors at Morarka Finance?

Executive Team (3)

NameDesignationAppointment DateStatus
Pranay Morarka Country flag representing In CEO15-Apr-2014Current
Premchand Singh Country flag representing In CFO01-Apr-2018Current
Divya Agarwal Company Secretary18-Jul-2022Current

Board Members (6)

NameDesignationAppointment DateStatus
Vijay Banka Country flag representing In Director 29-Sep-2011Current
Sudhir Nevatia Country flag representing In Director 13-Dec-1989Current
Priyanka Morarka Country flag representing In Director 22-Mar-2004Current
Savitha Rao Country flag representing In Director 13-Nov-2020Current
Balkishan Maheshwari Country flag representing In Director 30-May-2014Current
Gautam Morarka Country flag representing In Director 15-Mar-1985Current

Financial Performance of Morarka Finance.

Morarka Finance Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 30.69% increase. The company also saw a substantial improvement in profitability, with a 26.76% increase in profit. The company's net worth observed a substantial decline by a decrease of 29.47%.

Graph illustrating revenue growth over time
Graph showing 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
30.69%
Revenue from Operations
30.69%
Total Assets
-29.26%
Profit or Loss
26.76%
Net Worth
-29.47%
EBITDA
35.02%

What is the Ownership and Shareholding Structure of Morarka Finance?

In 2023, Morarka Finance had a promoter holding of 66.16% and a public holding of 33.84%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Morarka Finance?

Unlock and access historical data on people associated with Morarka Finance, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Morarka Finance, 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 Morarka Finance'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 Morarka Finance

Recent activity within the organization

  • Annual General Meeting

    Morarka Finance Limited last Annual general meeting of members was held on 26 Sep 2023 as per latest MCA records.

    26 Sep 2023

  • Balance Sheet

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

    31 Mar 2023

  • Director Appointment

    Savitha Kalluri Rao was appointed as a Director was appointed as a Director on 13 Nov 2020 & has been associated with this company since 4 years 2 months .

    13 Nov 2020

  • Director Appointment

    Balkishan Jawarilal Maheshwari was appointed as a Director was appointed as a Director on 30 May 2014 & has been associated with this company since 10 years 8 months .

    30 May 2014

  • Director Appointment

    Vijay Sitaram Banka was appointed as a Director was appointed as a Director on 29 Sep 2011 & has been associated with this company since 13 years 4 months .

    29 Sep 2011

  • Director Appointment

    Priyanka Gautam Morarka was appointed as a Director was appointed as a Director on 22 Mar 2004 & has been associated with this company since 20 years 10 months .

    22 Mar 2004

Recent News, Updates & Announcement

Frequently asked questions

  • Morarka Finance Limited was incorporated on 15 Mar 1985.

  • The authorized share capital of Morarka Finance Limited is ₹ 6.30 Cr and paid-up capital is ₹ 4.50 Cr.

  • Currently 9 directors are associated with Morarka Finance Limited.

    • Priyanka Gautam Morarka
    • Sudhir Hariprasad Nevatia
    • Savitha Kalluri Rao
    • Balkishan Jawarilal Maheshwari
    • Gautam Radheshyam Morarka
    • Vijay Sitaram Banka
    • Pranay Gautam Morarka
    • Premchand Pohari Singh
    • Divya Sunil Agarwal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Morarka Finance Limited is 511--Makers ChambersV, 221-Nariman Point, Mumbai, Maharashtra, India, 400021.

  • The corporate identification number (CIN) of Morarka Finance Limited is L67120MH1985PLC035632 and the company number is 035632 as per Ministry of Corporate Affairs (MCA).

  • Yes, Morarka Finance Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Morarka Finance Limited is https://www.morarkafinance.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Morarka Finance Limited has risen by 30.69%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Morarka Finance Limited has experienced an downturn of -29.47%.

  • The most recent Balance Sheet for Morarka Finance Limited was filed with the ROC on 31 Mar 2023.

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