Murudeshwar Ceramics Limited

This company manufactures glazed ceramic floor tiles, vitrified porcelain, and natural granite slabs.

1983 | Dharwad, Karnataka (India) | Active
Last Updated: November 16, 2024

Murudeshwar Ceramics Profile

Key Indicators

  • Authorised Capital ₹ 71.62 Cr
  • Paid Up Capital ₹ 60.55 Cr
  • Company Age 41 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 158.59 Cr
  • Satisfied Charges ₹ 523.16 Cr
  • Revenue Growth 39.47%
  • Profit Growth 207.55%
  • Ebitda 19.14%
  • Net Worth 4.12%
  • Total Assets 13.67%

About Murudeshwar Ceramics

Murudeshwar Ceramics Limited (MCL) is a leading Public Limited Indian Non-Government Company incorporated in India on 29 June 1983 and has a history of 41 years and seven months. Its registered office is in Dharwad, Karnataka, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 515037 and on the National Stock Exchange(NSE) under MURUDCERA.

The Company is engaged in the Manufacturing 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 71.62 Cr and a paid-up capital of Rs 60.55 Cr.

The company currently has active open charges totaling ₹158.59 Cr. The company has closed loans amounting to ₹523.16 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Murudeshwar Ceramics Limited India are Narayan Hegde as CFO and Ashok Kumar as Company Secretary. Satish Shetty, Sunil Shetty, Naveen Shetty, and Five other members serve as directors at the Company.

Company Details

  • Location

    Dharwad, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L26914KA1983PLC005401

  • Company No.

    005401

  • Stock Symbol

    BSE : 515037 NSE : MURUDCERA

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    29 Jun 1983

  • Date of AGM

    21 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Bangalore

Industry

Manufacturing

What products or services does Murudeshwar Ceramics Limited offer?

Murudeshwar Ceramics Limited offers a wide range of products and services, including Vitrified,Ceramic Floor & Wall Tiles, Vitrified Tiles, Wall Tiles, Ceramic Tiles, Floor Tiles, Stone Tiles & Floorings, Stone Tiles.

Who are the key members and board of directors at Murudeshwar Ceramics?

Executive Team (3)

Name Designation Appointment Date Status
Satish Shetty Country flag representing In Managing Director 27-Jun-2007 Current
Narayan Hegde Country flag representing In CFO 29-May-2014 Current
Ashok Kumar Country flag representing In Company Secretary 10-Aug-2018 Current

Board Members (7)

Name Designation Appointment Date Status
Sunil Shetty Country flag representing In Director 29-Nov-1993 Current
Naveen Shetty Country flag representing In Director 24-Nov-1995 Current
Ravindra Bhandary Country flag representing In Director 16-Feb-2024 Current
Karan Shetty Country flag representing In Whole-Time Director 10-Aug-2018 Current
Vishwanath Shetty Director 27-Aug-2024 Current
Vittal Shetty Director 27-Aug-2024 Current

Financial Performance of Murudeshwar Ceramics.

Murudeshwar Ceramics Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 39.47% increase. The company also saw a substantial improvement in profitability, with a 207.55% increase in profit. The company's net worth moved up by a moderate rise of 4.12%.

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
39.47%
Revenue from Operations
40.26%
Total Assets
13.67%
Profit or Loss
207.55%
Net Worth
4.12%
EBITDA
19.14%

What is the Ownership and Shareholding Structure of Murudeshwar Ceramics?

In 2023, Murudeshwar Ceramics had a promoter holding of 72.65% and a public holding of 27.35%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹158.59 Cr

Satisfied Charges

₹523.16 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 104.63 Cr
  • Hdfc Bank Limited : 35.00 Cr
  • Others : 12.96 Cr
  • Oriental Bank Of Commerce : 6.00 Cr

Latest Charge Details

Date Lender Amount Status
19 Sep 2024 Others ₹3.37 M Open
02 Aug 2024 Others ₹3.51 M Open
11 Apr 2023 Others ₹5.69 Cr Open
14 Dec 2022 Others ₹7.97 M Open
27 Sep 2022 Hdfc Bank Limited ₹35.00 Cr Open

How Many Employees Work at Murudeshwar Ceramics?

Murudeshwar Ceramics has a workforce of 284 employees as of Apr 05, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Murudeshwar Ceramics, 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 Murudeshwar Ceramics'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 Murudeshwar Ceramics

Recent activity within the organization

  • Director Appointment

    Shakunthala Shetty was appointed as a Director was appointed as a Director on 08 Oct 2024 & has been associated with this company since 3 months 28 days .

    08 Oct 2024

  • Annual General Meeting

    Murudeshwar Ceramics Limited last Annual general meeting of members was held on 21 Sep 2024 as per latest MCA records.

    21 Sep 2024

  • Charges

    A charge with Others amounted to Rs. 0.34 Cr with Charge ID 100976260 was registered on 19 Sep 2024.

    19 Sep 2024

  • Director Appointment

    Vishwanath Shetty was appointed as a Director was appointed as a Director on 27 Aug 2024 & has been associated with this company since 5 months 9 days .

    27 Aug 2024

  • Director Appointment

    Vittal Kadekar Menaka Shetty was appointed as a Director was appointed as a Director on 27 Aug 2024 & has been associated with this company since 5 months 9 days .

    27 Aug 2024

  • Charges

    A charge with Others amounted to Rs. 0.35 Cr with Charge ID 100959322 was registered on 02 Aug 2024.

    02 Aug 2024

Frequently asked questions

  • Murudeshwar Ceramics Limited was incorporated on 29 Jun 1983.

  • The authorized share capital of Murudeshwar Ceramics Limited is ₹ 71.62 Cr and paid-up capital is ₹ 60.55 Cr.

  • Currently 10 directors are associated with Murudeshwar Ceramics Limited.

    • Satish Rama Shetty
    • Sunil Rama Shetty
    • Naveen Rama Shetty
    • Ravindra Bhandary
    • Karan Satish Shetty
    • Vishwanath Shetty
    • Vittal Kadekar Menaka Shetty
    • Shakunthala Shetty
    • Narayan Manjunath Hegde
    • Ashok Kumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Murudeshwar Ceramics Limited is 604/B Gokul Road Industrialestate, India, Hubli, Karnataka, 580030.

  • The corporate identification number (CIN) of Murudeshwar Ceramics Limited is L26914KA1983PLC005401 and the company number is 005401 as per Ministry of Corporate Affairs (MCA).

  • Yes, Murudeshwar Ceramics Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): MURUDCERA.

  • The Official website of Murudeshwar Ceramics Limited is https://www.naveentile.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Murudeshwar Ceramics Limited has risen by 39.47%.

  • As Per 2023 financial reports, 284 employees are currently employed by Murudeshwar Ceramics Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Murudeshwar Ceramics Limited has experienced an upsurge of 4.12%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Murudeshwar Ceramics Limited amount to ₹ 158.59 Cr.

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

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