Morgan Industries Profile
Key Indicators
- Authorised Capital ₹ 30.00 Cr
- Paid Up Capital ₹ 6.50 Cr
- Company Age 35 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 0.80 M
- Satisfied Charges ₹ 47.01 Cr
- Revenue Growth 5.84%
- Profit Growth 121.33%
- Ebitda -21.23%
- Net Worth 4.25%
- Total Assets 40.22%
About Morgan Industries
Morgan Industries Limited (MIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 26 December 1989 and has a history of 35 years and three months. Its registered office is in Cuddalore, Tamil Nadu, India.
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 2024. It's a company limited by shares with an authorized capital of Rs 30.00 Cr and a paid-up capital of Rs 6.50 Cr.
The company currently has active open charges totaling ₹0.80 M. The company has closed loans amounting to ₹47.01 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Morgan Industries Limited India is Thangavelu Baskaran as CFO. Vellore Ashok, Chitra Bhaskar, and Subramanian Rajasekaran serve as directors at the Company.
Company Details
- Location
Cuddalore, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U93090TN1989PLC036273
- Company No.
036273
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
26 Dec 1989
- Date of AGM
27 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Packaging
What products or services does Morgan Industries Limited offer?
Morgan Industries Limited offers a wide range of products and services, including Domestic Fans, AC & Coolers, Industrial Exhaust Fans, Safety Tapes, Surface Protection Tape, Adhesive & Pressure Sensitive Tapes, Industrial Tape, Decorative Tape, Electric Tape, Printing Inks & Other Supplies, Printing Film.
Who are the key members and board of directors at Morgan Industries?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Thangavelu Baskaran  | CFO | 04-Oct-2014 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Chitra Bhaskar | Director | 31-Jan-2022 | Current |
| Vellore Ashok | Whole-Time Director | 02-Sep-2019 | Current |
| Subramanian Rajasekaran | Director | 17-Feb-2022 | Current |
Financial Performance of Morgan Industries.
Morgan Industries Limited, for the financial year ended 2018, experienced modest growth in revenue, with a 5.84% increase. The company also saw a substantial improvement in profitability, with a 121.33% increase in profit. The company's net worth moved up by a moderate rise of 4.25%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Morgan Industries?
In 2018, Morgan Industries had a promoter holding of 66.71% and a public holding of 33.29%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Morgan Solid Waste Company Holdings LimitedVellore Ashok and Subramanian Rajasekaran are mutual person
Morgan Leasing & Finance LimitedVellore Ashok, Chitra Bhaskar and 1 more are mutual person
Morgan Global LimitedVellore Ashok and Subramanian Rajasekaran are mutual person
Thermoplastics India Private LimitedVellore Ashok, Chitra Bhaskar and 1 more are mutual person
- Morgan Propack Private Limited
Vellore Ashok, Chitra Bhaskar and 1 more are mutual person
Charges (Loans)
Open Charges
₹0.08 Cr
Satisfied Charges
₹47.01 Cr
Charges Breakdown by Lending Institutions
- City Union Bank Limited : 0.08 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Dec 2023 | City Union Bank Limited | ₹0.80 M | Open |
| 27 Sep 2008 | Icici Bank Limited | ₹2.35 M | Satisfied |
| 22 Sep 2008 | Punjab National Bank | ₹7.00 M | Satisfied |
| 24 Jul 2008 | Icici Bank Limited | ₹0.94 M | Satisfied |
| 03 Jul 2008 | Icici Bank Limited | ₹1.94 M | Satisfied |
How Many Employees Work at Morgan Industries?
Morgan Industries has a workforce of 27 employees as of Apr 09, 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 Morgan 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 Morgan 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.
Latest Updates, News, and FAQs on Morgan Industries
Recent activity within the organization
- Annual General Meeting
Morgan Industries Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.
- Balance Sheet
Morgan Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
- Charges
A charge with City Union Bank Limited amounted to Rs. 0.08 Cr with Charge ID 100848304 was registered on 30 Dec 2023.
- Director Appointment
Subramanian Rajasekaran was appointed as a Director was appointed as a Director on 17 Feb 2022 & has been associated with this company since 3 years 1 month .
- Director Appointment
Chitra Bhaskar was appointed as a Director was appointed as a Director on 31 Jan 2022 & has been associated with this company since 3 years 1 month .
- Charges
A charge registered on 22 Sep 2008 via Charge ID 10125444 with Punjab National Bank was fully satisfied on 16 Jul 2020.
Frequently asked questions
What is the Incorporation or founding date of Morgan Industries Limited?
Morgan Industries Limited was incorporated on 26 Dec 1989.
What is authorized share capital and paid-up capital of Morgan Industries Limited?
The authorized share capital of Morgan Industries Limited is ₹ 30.00 Cr and paid-up capital is ₹ 6.50 Cr.
Who are the current board members & directors of Morgan Industries Limited?
Currently 4 directors are associated with Morgan Industries Limited.
- Vellore Janardhan Ashok
- Chitra Bhaskar
- Thangavelu Baskaran
- Subramanian Rajasekaran
What is the registered address of Morgan Industries Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Morgan Industries Limited is C-2, Sipcot Industrial Complexcuddalore-607 005. India, Tamilnadu, Tamil Nadu, 607005.
What is the corporate identification number (CIN) and company number of Morgan Industries Limited?
The corporate identification number (CIN) of Morgan Industries Limited is U93090TN1989PLC036273 and the company number is 036273 as per Ministry of Corporate Affairs (MCA).
What is the official website of Morgan Industries Limited?
The Official website of Morgan Industries Limited is https://www.groupmorgan.in
What has been the recent revenue trend for Morgan Industries Limited?
According to the financial reports for the fiscal year 2018, the revenue trend for Morgan Industries Limited has risen by 5.84%.
How many employees does Morgan Industries Limited currently have?
As Per 2018 financial reports, 27 employees are currently employed by Morgan Industries Limited.
What change has been observed in the net worth of Morgan Industries Limited, and by what percentage?
The financial reports for the fiscal year 2018 indicates that The net worth of Morgan Industries Limited has experienced an upsurge of 4.25%.
What are the total open charges for Morgan Industries Limited?
As per the financial statements for fiscal Year 2018, The total open charges for Morgan Industries Limited amount to ₹ 0.80 M.
When was the last Balance Sheet of Morgan Industries Limited filed with the ROC?
The most recent Balance Sheet for Morgan Industries Limited was filed with the ROC on 31 Mar 2024.
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