About Marel India Private Limited
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Marel India Private Limited is a foreign private limited company based in Bengaluru, Karnataka, India, a subsidiary of Marel Holding B.V.. It operates in the industrial machinery retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 09 July 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29253KA2012FTC064781. Its GSTIN is 29AAICM1589M1ZP (Karnataka).
The company has an authorised share capital of ₹3.37 Cr and a paid-up capital of ₹33.7 Lakh. It is led by directors Nitin Gopal Pardeshi and Vikram Vijay Mulmule.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bengaluru, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.76 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹86.61 Lakh (net margin 11.2%) and EBITDA of ₹1.18 Cr (EBITDA margin 15.3%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 16% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website marel.in.
Company details
Contact details
Marel India Private Limited's registered office is in Bengaluru, Karnataka. Its website is marel.in. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressJ P Classic No.157/1 Third Floor Epip Zone Sonnenahalli K.R.Puram Hobl, I, Bengaluru, Karnataka, India – 560066
- IndustryMachinery and Equipment, Industrial Machinery Retail & Distribution
To see the full contact details of Marel India Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activities of Marel India are professional, scientific and technical and manufacturing. In detail, this covers advertising and market research and repair & installation of machinery & equipment, motor vehicles. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M6 | Advertising and market research | |
| C | Manufacturing | C12 | Repair & installation of machinery & equipment, motor vehicles |
To see the full business activity and turnover split of Marel India Private Limited, buy the company report.
Financials of Marel India Private Limited
FY 2025 filings availableMarel India Private Limited reported revenue of ₹7.76 Cr (up 13% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 13% growth in the latest year. EBITDA rose 50% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹1.18 Cr | ||||
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| Net Profit (PAT) | ₹86.61 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 15.3% | ||||
| Net Profit Margin | 11.2% | ||||
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To see the full financial statements and ratios of Marel India Private Limited, buy the company report.
Board of directors of Marel India Private Limited
Marel India has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nitin Gopal Pardeshi Also directs: JBT Marel India Private Limited | Director | 01 Jun 2025 | 1 Years 4 Months | Current |
| Vikram Vijay Mulmule Also directs: JBT Marel India Private Limited | Additional Director | 29 Oct 2025 | 0 Years 11 Months | Current |
Auditor
Marel India Private Limited is audited by VARMA & VARMA for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VARMA & VARMA | FY 2021 | 004532S |
Shareholding
The shareholding of Marel India Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Marel India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Marel India Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Marel India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Marel India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICM1589M1ZP | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Marel India Private Limited, buy the company report.
Recent activity
Marel India Private Limited has 14 board changes on record since 2014: 5 appointments and 9 cessations. The latest: Vikram Vijay Mulmule was appointed as Additional Director on 29 Oct 2025.
5 earlier events are in the company report.
Frequently asked questions
Marel India is an active foreign private limited company based in Bengaluru, Karnataka, India. The company works in industrial machinery retail and distribution, within the machinery and equipment industry. It was incorporated on 09 July 2012 (14+ years old) and is registered under CIN U29253KA2012FTC064781.
Marel India has 2 current directors:
- Nitin Gopal Pardeshi - Director
- Vikram Vijay Mulmule - Additional Director
The latest financial statements of Marel India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Marel India is 29AAICM1589M1ZP, registered in Karnataka.
The CIN (Corporate Identification Number) of Marel India is U29253KA2012FTC064781. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Marel India was incorporated on 09 July 2012, making it 14+ years old. It is registered with the Registrar of Companies, Bangalore.
Vikram Vijay Mulmule was appointed as Additional Director on 29 Oct 2025. Nitin Gopal Pardeshi ceased to be Additional Director on 29 Sep 2025. Roel Leenen ceased to be Additional Director on 29 Sep 2025. Marel India has 14 board changes on record in total.
Marel India can be reached through the website marel.in. Its registered office is in Bengaluru, Karnataka, India.
The registered office of Marel India is at J P Classic No.1571 Third Floor Epip Zone Sonnenahalli K.R.Puram Hobl, I, Bengaluru, Karnataka, India – 560066.
Marel India operates in the machinery and equipment industry, in the industrial machinery retail and distribution segment.