Murugappa Morgan Thermal Ceramics Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 2.92 Cr
- Company Age 42 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 19.00 Cr
- Satisfied Charges ₹ 19.54 Cr
- Revenue Growth 31.90%
- Profit Growth 94.06%
- Ebitda 88.65%
- Net Worth 22.89%
- Total Assets 28.28%
About Murugappa Morgan Thermal Ceramics
Murugappa Morgan Thermal Ceramics Ltd (MMTCL) is a leading Public Limited Indian Non-Government Company incorporated in India on 29 March 1982 and has a history of 42 years and ten months. Its registered office is in Chennai 600 001, Tamil Nadu, India.
The Corporate was formerly known as Murugappa Morganite Ceramic Fibres Ltd. 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 2023. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 2.92 Cr.
The company currently has active open charges totaling ₹19.00 Cr. The company has closed loans amounting to ₹19.54 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Murugappa Morgan Thermal Ceramics Ltd India are Abhijit Kurundwadkar as Ceo, Jully Jivani as Company Secretary, and Raja Mukherjee as Cfo. Santosh Bhide, Sridharan Rangarajan, Srinivasan Rangarajan, and Three other members serve as directors at the Company.
Company Details
- Location
Chennai 600 001, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media-
Corporate Identity Details
- CIN/LLPIN
U26919TN1982PLC009622
- Company No.
009622
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
29 Mar 1982
- Date of AGM
19 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
What products or services does Murugappa Morgan Thermal Ceramics Ltd offer?
Murugappa Morgan Thermal Ceramics Ltd offers a wide range of products and services, including Insulators & Insulation Materials, Insulation Material, Heat Shields, Insulation Blankets, Minerals and Ores, Industrial Ceramics Products, Yarns & Threads, Wool, Thermal Insulation Materials, Fire Fighting Equipments.
Who are the key members and board of directors at Murugappa Morgan Thermal Ceramics?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Abhijit Kurundwadkar | CEO | 01-Jul-2022 | Current |
Jully Jivani  | Company Secretary | 18-Oct-2021 | Current |
| Raja Mukherjee | CFO | 18-Jan-2019 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ian Arber  | Director | 18-Apr-2018 | Current |
| Santosh Bhide | Additional Director | 01-Nov-2023 | Current |
| Sridharan Rangarajan | Director | 18-Jul-2023 | Current |
| Srinivasan Rangarajan | Director | 16-Jun-2015 | Current |
| Muthiah Muthiah | Director | 19-Jan-2021 | Current |
| Poondi Ravi | Director | 17-Feb-2015 | Current |
Financial Performance of Murugappa Morgan Thermal Ceramics.
Murugappa Morgan Thermal Ceramics Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 31.9% increase. The company also saw a substantial improvement in profitability, with a 94.06% increase in profit. The company's net worth Soared by an impressive increase of 22.89%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Murugappa Morgan Thermal Ceramics?
In 2022, Murugappa Morgan Thermal Ceramics had a promoter holding of 100.00%. 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)
Ciria India LimitedSantosh Bhide and Ian Arber are mutual person
Sterling Abrasives LimitedSridharan Rangarajan and Srinivasan Rangarajan are mutual person
Morgan Advanced Materials India Private LimitedSantosh Bhide is a mutual person
Indian Machine Tool Manufacturers AssociationSrinivasan Rangarajan is a mutual person
Cholamandalam Ms General Insurance Company LimitedSridharan Rangarajan is a mutual person
E.I.D Parry (India) LimitedSridharan Rangarajan and Muthiah Muthiah are mutual person
Charges (Loans)
₹19.00 Cr
₹19.54 Cr
Charges Breakdown by Lending Institutions
- The Hongkong And Shanghai Banking Corporation Limited : 12.00 Cr
- Standard Chartered Bank : 7.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Mar 2024 | The Hongkong And Shanghai Banking Corporation Limited | ₹2.00 Cr | Open |
| 10 Sep 2013 | The Hongkong And Shanghai Banking Corporation Limited | ₹10.00 Cr | Open |
| 06 May 1996 | Standard Chartered Bank | ₹7.00 Cr | Open |
| 23 Feb 2006 | Standard Chartered Bank | ₹10.00 Cr | Satisfied |
| 24 Nov 1995 | Export - Import Bank Of India | ₹5.00 Cr | Satisfied |
How Many Employees Work at Murugappa Morgan Thermal Ceramics?
Murugappa Morgan Thermal Ceramics has a workforce of 282 employees as of Mar 31, 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 Murugappa Morgan Thermal 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 Murugappa Morgan Thermal Ceramics'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.
