About Maris Spinners
Maris Spinners is a publicly listed company based in Chennai (India) founded in 1979. Textile yarns are manufactured by Maris Spinners in India. The company has 463 employees. Its Indian entity Maris Spinners Limited reported revenue of ₹175 Cr. Maris Spinners offers products and services including Yarn and Spinning Services. Its focus areas include Chemicals and Materials, Textile Yarn, Industrial Goods and Manufacturing and Manufacturing Services.
Company details
Maris Spinners was founded in 1979 and is headquartered in Chennai, India. Manufacturing of textile yarns is conducted as the primary operation within the textiles sector. Production focuses on yarn creation for industrial use, with facilities based in India. The company domain, maris.co.in, supports online information access. The Managing Director role is held by Anandkumar Rengaswamy, identified by DIN 00075375.
- Headquarters Chennai, India
- Employees 463
- Stage Public
- SectorsIndustrial Goods & Manufacturing
- Email••••••••
- Phone•••• ••••
- Website maris.co.in
- Legal Name Maris Spinners Ltd.
- Market Cap₹33.60 Cr
MARIS · BSE
- Share Price₹41.00
-0.24% today
- Revenue₹168 Cr
FY 2025-26 · -0.4% YoY
- EBITDA₹6.93 Cr
Margin 4.1%
- Net Profit−₹1.47 Cr
FY 2025-26 · -17.6% YoY
- P/E (TTM)5.4x
P/B 1.3x
- ROE-7.7%
ROCE 7.6%
- Debt / Equity3.80
Interest cover 1,894.0x
- Employee Count463
Associated legal entities of Maris Spinners
Maris Spinners operates through Maris Spinners Limited, a listed company (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Maris Spinners Limited Listed CIN L93090TN1979PLC032618 | Active | 18 Sep 1979 | Chennai, Tamil Nadu | ₹175 Cr | 351 | 13 | View details |
Products & Services of Maris Spinners
Maris Spinners offers a comprehensive portfolio of products and services, including Yarn and Spinning Services.
Yarn is manufactured and distributed for textile applications
Spinning services are offered for fiber processing in industrial settings
Board of directors of Maris Spinners Limited (Maris Spinners)
Maris Spinners Limited is the primary company behind Maris Spinners. The board of Maris Spinners Limited currently have 11 directors; the longest-serving is Thangavelu Jayaraman, appointed in 1995. 16 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Thangavelu Jayaraman DIN 01402853 | Director | 15 Jun 1995 | 31 yrs 4 mo | Maris Spinners Limited |
| Thangavelu Raghuraman DIN 01722570 | Managing Director | 27 Jul 2007 | 19 yrs 3 mo | Maris Spinners Limited |
| Harigovind DIN 06428975 | Whole-time director | 01 Nov 2016 | 10 yrs | Maris Spinners Limited |
| Parag Harkishon Udani DIN 01491901 | Director | 30 May 2019 | 7 yrs 5 mo | Maris Spinners Limited |
| Ananthakumar Dhamayanthi DIN 08461584 | Director | 30 May 2019 | 7 yrs 5 mo | Maris Spinners Limited |
| Sethuraman Kalyanaraman DIN 02652113 | Director | 30 May 2019 | 7 yrs 5 mo | Maris Spinners Limited |
| Swaminathan DIN 08474746 | Director | 21 Jun 2019 | 7 yrs 4 mo | Maris Spinners Limited |
| Adithya Raghuraman DIN 08172745 | Whole-time director | 09 Jun 2021 | 5 yrs 5 mo | Maris Spinners Limited |
| Ramalingam Thangamariappan DIN 11157167 | Additional Director | 01 Aug 2025 | 1 yr 3 mo | Maris Spinners Limited |
| Ramasamy Sethuraman Ganappathi DIN 11158900 | Additional Director | 01 Aug 2025 | 1 yr 3 mo | Maris Spinners Limited |
| Viswanathan Sumathi DIN 11220982 | Additional Director | 01 Aug 2025 | 1 yr 3 mo | Maris Spinners Limited |
People of Maris Spinners
1 people are tracked at Maris Spinners (1 in leadership); the tracked headcount is 463.
| Name | Role | Group |
|---|---|---|
| Managing Director | Leadership |
Complete people profiles for Maris Spinners
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of Maris Spinners
Maris Spinners is a publicly listed company on the BSE with ticker symbol MARIS in India, operating in the Process industries sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date03 Apr 1996
- Listed onBSE: 531503
- Listed entityMaris Spinners Ltd.
- Exchange sectorProcess industries
- ISININE866D01010
- Share price₹35.97 (-5.34% on the day) · 2026-10-14
- Market capitalisation₹30.1 Cr
- Price to earnings10.9
- EPS (diluted, trailing year)₹3.31
- Volume (last session)12,891
Financials of Maris Spinners
Exchange-reported figures of Maris Spinners Limited, the listed company behind Maris Spinners (BSE: MARIS).
Financial Highlights
FY 2025-26 · StandaloneRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 168 | 169 | 161 | 147 | 170 | 106 | 122 |
| Revenue growth | -0.4% | +5.2% | +9.4% | -13.9% | +60.7% | -13.3% | - |
| EBITDA | 6.93 | 5.84 | (4.62) | (7.90) | 29.89 | 15.25 | 3.48 |
| EBITDA margin | +4.1% | +3.5% | -2.9% | -5.4% | +17.5% | +14.4% | +2.9% |
| Profit before tax | (2.17) | (1.64) | (13.27) | (15.68) | 23.33 | 9.22 | (3.18) |
| Net profit | (1.47) | (1.25) | (9.13) | (10.85) | 15.45 | 6.54 | (2.32) |
| Net profit margin | -0.9% | -0.7% | -5.7% | -7.4% | +9.1% | +6.2% | -1.9% |
| EPS (₹) | (1.85) | (1.59) | (11.52) | (13.71) | 19.47 | 8.39 | (2.67) |
| Balance sheet | |||||||
| Total assets | 88.55 | 104 | 103 | 93.61 | 80.78 | 71.69 | 53.88 |
| Net worth | 18.42 | 19.83 | 21.33 | 30.32 | 42.31 | 27.65 | 21.08 |
| Total debt | 66.54 | 78.79 | 81.41 | 63.28 | 38.46 | 44.04 | 32.80 |
| Cash & bank | 3.23 | 0.14 | 0.38 | 0.26 | 0.29 | 0.63 | 0.78 |
| Net working capital | 19.49 | 30.79 | 23.73 | 18.91 | 36.11 | 41.44 | 24.39 |
| Cash flow | |||||||
| Cash from operations | 21.27 | 9.14 | 4.26 | 24.89 | 42.80 | 0.60 | 11.76 |
| Cash from investing | 3.20 | 3.28 | (6.39) | (30.62) | (19.48) | (5.55) | (1.81) |
| Cash from financing | (21.36) | (12.63) | 2.29 | 5.70 | 6.36 | (0.15) | (6.14) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 54.52 | 48.05 | 45.91 | 41.24 | 43.12 | 38.10 | 44.93 | 42.31 |
| Revenue growth (YoY) | +26.4% | +26.1% | +2.2% | -2.5% | +6.8% | -8.0% | - | - |
| Other income | 1.98 | 1.62 | 1.35 | 1.79 | 1.78 | 1.87 | 3.92 | 2.34 |
| Total expenses | 47.34 | 40.95 | 43.41 | 40.28 | 41.65 | 36.46 | 42.65 | 41.69 |
| EBITDA | 7.18 | 7.10 | 2.50 | 0.96 | 1.47 | 1.64 | 2.28 | 0.62 |
| EBITDA margin | +13.2% | +14.8% | +5.4% | +2.3% | +3.4% | +4.3% | +5.1% | +1.5% |
| Depreciation | 1.54 | 1.50 | 1.42 | 1.68 | 1.67 | 1.66 | 1.77 | 1.65 |
| Interest | 2.10 | 2.09 | 2.06 | 2.24 | 2.32 | 2.48 | 2.45 | 2.46 |
| Profit before tax | 5.52 | 5.13 | 0.37 | (1.17) | (0.74) | (0.63) | 1.98 | (1.15) |
| Tax | 2.26 | 1.49 | 0.04 | (0.34) | (0.21) | (0.19) | 0.67 | (0.33) |
Financial Statements
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 54.52 | 48.05 | 45.91 | 41.24 | 43.12 | 38.10 | 44.93 | 42.31 |
| Revenue growth (YoY) | +26.4% | +26.1% | +2.2% | -2.5% | +6.8% | -8.0% | - | - |
| Other income | 1.98 | 1.62 | 1.35 | 1.79 | 1.78 | 1.87 | 3.92 | 2.34 |
| Total expenses | 47.34 | 40.95 | 43.41 | 40.28 | 41.65 | 36.46 | 42.65 | 41.69 |
| EBITDA | 7.18 | 7.10 | 2.50 | 0.96 | 1.47 | 1.64 | 2.28 | 0.62 |
| EBITDA margin | +13.2% | +14.8% | +5.4% | +2.3% | +3.4% | +4.3% | +5.1% | +1.5% |
| Depreciation | 1.54 | 1.50 | 1.42 | 1.68 | 1.67 | 1.66 | 1.77 | 1.65 |
| Interest | 2.10 | 2.09 | 2.06 | 2.24 | 2.32 | 2.48 | 2.45 | 2.46 |
| Profit before tax | 5.52 | 5.13 | 0.37 | (1.17) | (0.74) | (0.63) | 1.98 | (1.15) |
| Tax | 2.26 | 1.49 | 0.04 | (0.34) | (0.21) | (0.19) | 0.67 | (0.33) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 168 | 169 | 161 | 147 | 170 | 106 | 122 |
| Revenue growth | -0.4% | +5.2% | +9.4% | -13.9% | +60.7% | -13.3% | - |
| Other income | 6.80 | 9.66 | 6.34 | 3.16 | 1.57 | 2.62 | 2.84 |
| Total expenses | 161 | 163 | 165 | 155 | 141 | 90.77 | 119 |
| Employee cost | 14.69 | 13.31 | 12.00 | 12.21 | 11.32 | 8.84 | 10.39 |
| EBITDA | 6.93 | 5.84 | (4.62) | (7.90) | 29.89 | 15.25 | 3.48 |
| EBITDA margin | +4.1% | +3.5% | -2.9% | -5.4% | +17.5% | +14.4% | +2.9% |
| Depreciation | 6.43 | 6.67 | 5.90 | 5.43 | 4.35 | 4.22 | 4.71 |
| Interest | 9.47 | 10.47 | 9.09 | 5.51 | 3.78 | 4.43 | 4.79 |
| Profit before tax | (2.17) | (1.64) | (13.27) | (15.68) | 23.33 | 9.22 | (3.18) |
| Tax | (0.70) | (0.39) | (4.14) | (4.83) | 7.90 | 2.47 | (1.02) |
| Net profit | (1.47) | (1.25) | (9.13) | (10.85) | 15.45 | 6.54 | (2.32) |
| Net profit margin | -0.9% | -0.7% | -5.7% | -7.4% | +9.1% | +6.2% | -1.9% |
| EPS (₹) | (1.85) | (1.59) | (11.52) | (13.71) | 19.47 | 8.39 | (2.67) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 7.92 | 7.92 | 7.92 | 7.92 | 7.92 | 8.06 | 8.06 |
| Reserves & surplus | 10.50 | 11.91 | 13.41 | 22.40 | 34.39 | 19.59 | 13.02 |
| Shareholders' funds (net worth) | 18.42 | 19.83 | 21.33 | 30.32 | 42.31 | 27.65 | 21.08 |
| Secured loans | 66.04 | 78.29 | 80.91 | 62.78 | 32.99 | 40.14 | 28.90 |
| Unsecured loans | 0.50 | 0.50 | 0.50 | 0.50 | 5.47 | 3.90 | 3.90 |
| Total debt | 66.54 | 78.79 | 81.41 | 63.28 | 38.46 | 44.04 | 32.80 |
| Total liabilities | 88.55 | 104 | 103 | 93.61 | 80.78 | 71.69 | 53.88 |
| Assets | |||||||
| Gross block | 185 | 185 | 184 | 177 | 138 | 128 | 125 |
| Net block | 56.22 | 61.64 | 67.86 | 65.71 | 32.02 | 27.00 | 25.19 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 1.16 | 8.65 | 0.54 | 0.16 |
| Investments | 0.92 | 0.13 | 0.10 | 0.06 | 0.06 | 0.06 | 0.07 |
| Inventories | 30.33 | 34.08 | 33.24 | 39.60 | 47.26 | 36.47 | 25.52 |
| Sundry debtors | 12.39 | 6.82 | 9.10 | 5.64 | 7.81 | 5.86 | 12.57 |
| Cash & bank balances | 3.23 | 0.14 | 0.38 | 0.26 | 0.29 | 0.63 | 0.78 |
| Loans & advances | 8.63 | 15.82 | 11.83 | 9.84 | 17.75 | 14.35 | 3.77 |
| Total current assets | 54.58 | 56.86 | 54.55 | 55.34 | 73.11 | 57.31 | 42.64 |
| Total current liabilities | 35.09 | 26.07 | 30.82 | 36.43 | 37.00 | 15.87 | 18.25 |
| Net working capital | 19.49 | 30.79 | 23.73 | 18.91 | 36.11 | 41.44 | 24.39 |
| Total assets | 88.55 | 104 | 103 | 93.61 | 80.78 | 71.69 | 53.88 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.08 | (0.21) | 0.13 | 0.16 | (29.40) | (24.45) | (28.26) |
| Net cash from operating activities | 21.27 | 9.14 | 4.26 | 24.89 | 42.80 | 0.60 | 11.76 |
| Net cash from investing activities | 3.20 | 3.28 | (6.39) | (30.62) | (19.48) | (5.55) | (1.81) |
| Net cash from financing activities | (21.36) | (12.63) | 2.29 | 5.70 | 6.36 | (0.15) | (6.14) |
| Net change in cash | 3.11 | (0.21) | 0.15 | (0.03) | 29.69 | (5.10) | 3.81 |
| Closing cash | 3.23 | 0.14 | 0.38 | 0.26 | 0.29 | 0.63 | 0.78 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -0.4% | +5.2% | +9.4% | -13.9% | +60.7% | -13.3% | - |
| EBITDA growth | +18.7% | +226.4% | +41.5% | -126.4% | +96.0% | +338.2% | - |
| PBT growth | -32.3% | +87.6% | +15.4% | - | +153.0% | +9998.0% | - |
| Net income growth | -17.6% | +86.3% | +15.9% | -170.2% | +136.2% | +381.9% | - |
| Revenue CAGR (3Y) | +4.7% | -0.3% | +14.9% | +6.3% | +9.5% | -4.6% | +1.3% |
| EBITDA CAGR (3Y) | - | -42.0% | - | - | +51.1% | +24.2% | -29.7% |
| Profitability & leverage | |||||||
| Net income margin | -0.9% | -0.7% | -5.7% | -7.4% | +9.1% | +6.4% | -1.8% |
| Return on capital employed | +7.6% | +8.4% | -4.3% | -11.7% | +35.6% | +21.7% | +2.8% |
| Return on net worth | -7.7% | -6.1% | -35.4% | -29.9% | +44.1% | +27.7% | -9.5% |
| Debt / equity | 3.80 | 3.89 | 2.80 | 1.40 | 1.18 | 1.58 | 1.60 |
| Long-term debt / equity | 1.68 | 1.91 | 1.56 | 0.86 | 0.39 | 0.19 | 0.14 |
| Interest cover | 1,894.00 | -1,261.45 | -86.41 | -41.34 | 14.80 | 40.16 | -389.43 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.91 | 0.92 | 0.89 | 0.93 | 1.28 | 0.84 | 0.98 |
| Inventory turnover | 5.23 | 5.02 | 4.41 | 3.38 | 4.07 | 3.42 | 3.83 |
| Debtors turnover | 17.53 | 21.23 | 21.80 | 21.83 | 24.93 | 11.51 | 8.93 |
| EPS (₹) | (1.85) | (1.59) | (11.52) | (13.71) | 19.47 | 8.39 | (2.67) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 1.00 | 1.00 | 0.00 |
| Book value per share (₹) | 23.25 | 25.03 | 26.92 | 38.27 | 53.40 | 34.30 | 26.15 |
Web traffic of Maris Spinners
The website of Maris Spinners (maris.co.in) receives about 1.3K visits a month.
- Monthly visits1.3K
▲ 3% vs previous month
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Frequently Asked Questions about Maris Spinners
Maris Spinners was founded in 1979.
Maris Spinners is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Maris Spinners has 463 employees.
The primary company behind Maris Spinners, Maris Spinners Limited, reported revenue of ₹175 Cr for FY 2026, down 0% year on year.
Maris Spinners was founded in 1979 and is headquartered in Chennai, India. Manufacturing of textile yarns is conducted as the primary operation within the textiles sector. Production focuses on yarn creation for industrial use, with facilities based in India. The company domain, maris.co.in, supports online information access. The Managing Director role is held by Anandkumar Rengaswamy, identified by DIN 00075375.
Maris Spinners offers Yarn and Spinning Services.
Yes, Maris Spinners is publicly traded on BSE under the ticker symbol MARIS.
Maris Spinners operates through Maris Spinners Limited.
The legal entities of Maris Spinners currently have 13 directors, including Natarajan Sridharan, Swaminathan, Parag Harkishon Udani and others.