Morries Energy Limited

Provides renewable energy solutions through solar and wind power generation and installation services.

2005 | Mumbai, Maharashtra (India) | Active
Last Updated: November 16, 2024

Morries Energy Profile

Key Indicators

  • Authorised Capital ₹ 1.75 Cr
  • Paid Up Capital ₹ 1.64 Cr
  • Company Age 19 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 7.88 Cr
  • Satisfied Charges ₹ 22.68 Cr
  • Revenue Growth -26.59%
  • Profit Growth -58.35%
  • Ebitda -28.12%
  • Net Worth 5.02%
  • Total Assets -5.34%

About Morries Energy

Morries Energy Limited (MEL) is a leading Public Limited Indian Non-Government Company incorporated in India on 14 March 2005 and has a history of 19 years and ten months. Its registered office is in Mumbai, Maharashtra.

The Corporate was formerly known as Gujarat Gems Private Limited (Trf). The Company is engaged in the Environment 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 1.75 Cr and a paid-up capital of Rs 1.64 Cr.

The company currently has active open charges totaling ₹7.88 Cr. The company has closed loans amounting to ₹22.68 Cr, as per Ministry of Corporate Affairs (MCA) records.

Tanujkumar Garg, Hemantkumar Garg, and Savita Gupta serve as directors at the Company.

Company Details

  • Location
    Mumbai, Maharashtra
  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51909MH2005PLC151957

  • Company No.

    151957

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    14 Mar 2005

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Environment

Who are the key members and board of directors at Morries Energy?

Board Members (3)

Name Designation Appointment Date Status
Tanujkumar Garg Country flag representing In Director 14-Mar-2005 Current
Hemantkumar Garg Country flag representing In Director 14-Mar-2005 Current
Savita Gupta Country flag representing In Director 14-Mar-2005 Current

Financial Performance of Morries Energy.

Morries Energy Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 26.59% decrease. The company also saw a substantial fall in profitability, with a 58.35% decrease in profit. The company's net worth moved up by a moderate rise of 5.02%.

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
-26.59%
Revenue from Operations
-17.15%
Total Assets
-5.34%
Profit or Loss
-58.35%
Net Worth
5.02%
EBITDA
-28.12%

What is the Ownership and Shareholding Structure of Morries Energy?

In 2023, Morries Energy had a promoter holding of 100.00%. The company had 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹7.88 Cr

Satisfied Charges

₹22.68 Cr

Charges Breakdown by Lending Institutions

  • Others : 7.88 Cr

Latest Charge Details

Date Lender Amount Status
16 Mar 2016 Others ₹7.88 Cr Open
09 May 2022 Others ₹7.60 M Satisfied
17 Jul 2020 Others ₹1.52 Cr Satisfied
03 Apr 2017 Others ₹7.70 Cr Satisfied
30 Apr 2013 Central Bank Of India ₹4.20 Cr Satisfied

How Many Employees Work at Morries Energy?

Unlock and access historical data on people associated with Morries Energy, 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 Morries Energy, 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 Morries Energy'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 Morries Energy

Recent activity within the organization

  • Annual General Meeting

    Morries Energy Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Morries Energy Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge registered on 03 Apr 2017 via Charge ID 100120517 with Others was fully satisfied on 06 Jul 2023.

    06 Jul 2023

  • Charges

    A charge registered on 09 May 2022 via Charge ID 100593840 with Others was fully satisfied on 01 Jul 2023.

    01 Jul 2023

  • Charges

    A charge registered on 17 Jul 2020 via Charge ID 100368613 with Others was fully satisfied on 21 Feb 2023.

    21 Feb 2023

  • Charges

    A charge with Others amounted to Rs. 0.76 Cr with Charge ID 100593840 was registered on 09 May 2022.

    09 May 2022

Frequently asked questions

  • Morries Energy Limited was incorporated on 14 Mar 2005.

  • The authorized share capital of Morries Energy Limited is ₹ 1.75 Cr and paid-up capital is ₹ 1.64 Cr.

  • Currently 3 directors are associated with Morries Energy Limited.

    • Tanujkumar Hemantkumar Garg
    • Hemantkumar Jugalkishore Garg
    • Savita Balraj Gupta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Morries Energy Limited is 11-A Embassy Apartments46 Napean Sea Road India, Mumbai, Maharashtra, 400036.

  • The corporate identification number (CIN) of Morries Energy Limited is U51909MH2005PLC151957 and the company number is 151957 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Morries Energy Limited is https://www.morries.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Morries Energy Limited has fallen by -26.59%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Morries Energy Limited has experienced an upsurge of 5.02%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Morries Energy Limited amount to ₹ 7.88 Cr.

  • The most recent Balance Sheet for Morries Energy Limited was filed with the ROC on 31 Mar 2024.