About Morarjee Textiles
Morarjee Textiles is a publicly listed company based in Mumbai (India) founded in 1871. Apparel is manufactured by Morarjee in Mumbai, India. It operates on a Direct-to-Consumer (D2C) and Reseller / Distribution model. The company has 761 employees. Its Indian entity Morarjee Textiles Limited reported revenue of ₹208 Cr. Morarjee Textiles offers products and services including Yarn Dyed Shirting, Fashion Prints, and Whites and Voiles. Its focus areas include Consumer Goods, Textiles and Apparel Fabrics. Similar companies include Gokaldas Exports, Eastman Exports and Shahi; 2 of its 3 listed similar companies have raised funding.
Company details
Morarjee Textiles is established as a global leader in premium cotton shirting and high fashion printed fabrics. Operations are focused in the textile sector, with expertise in spinning, weaving, printing, and finishing processes. Solutions are provided to both domestic and international brands, ensuring quality through continuous technological upgrades. Sustainability is integrated into practices with a commitment to zero waste and environmental policies. The company serves a wide range of clients, setting trends in the apparel fabric industry since 1871.
- Headquarters Mumbai, India
- Employees 761
- Stage Public
- SectorsIndustrial Goods & Manufacturing
- Email••••••••
- Phone•••• ••••
- Website morarjee.com
- Social LinkedIn
- Legal Name Morarjee Textiles Limited
- Annual Revenue₹208 Cr
FY 2023 · -24% YoY
- Net Loss-₹185 Cr
FY 2023 · -89% margin
- EBITDA-₹83.27 Cr
FY 2023 · -40% margin
- Employee Count761
Associated legal entities of Morarjee Textiles
Morarjee Textiles operates through Morarjee Textiles Limited, a listed company (under cirp). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Morarjee Textiles Limited Listed CIN L52322MH1995PLC090643 | Under Cirp | 14 Jul 1995 | Mumbai, Maharashtra | ₹208 Cr | 761 | 5 | View details |
Products & Services of Morarjee Textiles
Morarjee Textiles offers a comprehensive portfolio of products and services, including Yarn Dyed Shirting, Fashion Prints, and Whites and Voiles.
Premium cotton shirting fabrics are produced for global markets.
High fashion printed fabrics are crafted for trendy apparel.
Lightweight white and voile fabrics are manufactured for clothing.
Board of directors of Morarjee Textiles Limited (Morarjee Textiles)
Morarjee Textiles Limited is the primary company behind Morarjee Textiles. The board of Morarjee Textiles Limited currently have 5 directors; the longest-serving is Harshvardhan Ashok Piramal, appointed in 2004. 20 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Harshvardhan Ashok Piramal DIN 00044972 | Whole-time director | 01 Jun 2004 | 22 yrs 5 mo | Morarjee Textiles Limited |
| Ajay Kumar Singh DIN 07698288 | Director | 08 Feb 2017 | 9 yrs 8 mo | Morarjee Textiles Limited |
| Archit Mohan Jayakar DIN 01904013 | Director | 29 Jan 2020 | 6 yrs 9 mo | Morarjee Textiles Limited |
| Devesh Harishchandra Dadheech DIN 01656629 | Director | 26 Jun 2020 | 6 yrs 4 mo | Morarjee Textiles Limited |
| Kishor Krushnaji Dhage DIN 10349307 | Whole-time director | 12 Oct 2023 | 3 yrs | Morarjee Textiles Limited |
People of Morarjee Textiles
26 people are tracked at Morarjee Textiles (7 in leadership, 19 in team); the tracked headcount is 761.
| Name | Role | Group |
|---|---|---|
Amresh Narayan | Chief Executive Officer | Leadership |
Mintu Prasad Sinha | Assistant Vice President | Leadership |
Sujoy Mukherjee | Design Development Head G M | Leadership |
Pravin Bhimte | Vice President Marketing | Leadership |
Jayesh Thakkar | Head | Leadership |
Subhash Kashimpuria | Head Finance And Accounts | Leadership |
Avinash Wankhede | Dy General Manager International Business | Leadership |
Rajesh Singh | Commercial Specialist | Team |
Deepak Suryawanshi | Textile Designer | Team |
Sahana Mukherjee | Textile Designer | Team |
Uma Wala | Senior Manager-design | Team |
Deepak Gaurkhede | Product Development/ Dobby Designer | Team |
Naibedya Priyadarshini Barik | Textile Designer | Team |
Shweta Gadegone | Textile Designer | Team |
Subhash Khopkar | Sr. Designer | Team |
Utkarsha Nachankar | Textile Designer | Team |
Digvijay Jichkar | Marketing | Team |
Arindam Das | DGM - Marketing | Team |
Tanmoy Mukhopadhyay | Fabric Sales And Marketing Manager | Team |
Shreeganesh Kanawade | Assistant Manager Commercial Dept | Team |
6 more people are available in the full profile.
Complete people profiles for Morarjee Textiles
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IPO & Listings of Morarjee Textiles
Morarjee Textiles is a publicly listed company on the NSE with ticker symbol MORARJEE 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 date14 Sep 2012
- Listed onNSE: MORARJEE
- Listed entityMorarjee Textiles Limited
- Exchange sectorProcess industries
- ISININE161G01027
- Share price₹6.47 (-4.99% on the day) · 2026-10-14
- Market capitalisation₹29.6 Cr
- Volume (last session)21,340
Financials of Morarjee Textiles
Figures of Morarjee Textiles Limited, the primary company behind Morarjee Textiles, for FY 2023. Revenue was ₹208 Cr (-24% year on year). Net loss was -₹185 Cr (-89% margin). EBITDA was -₹83.27 Cr (-40% margin). Revenue has grown at a compounded annual rate of -18% over three years and -11% over five years.
- ₹208 CrRevenue · FY 2023 · -24% YoY
- -₹185 CrNet loss · -89% margin
- -₹83.27 CrEBITDA · -40% margin
- ₹25.43 CrPaid-up capital
- 761Employees (provident fund records)
- -18%Revenue CAGR, 3 years
- -11%Revenue CAGR, 5 years
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2023 | ₹32.8 Cr | -₹201 Cr | -₹22.4 Cr |
| 2022 | ₹207 Cr | -₹185 Cr | -₹52.0 Cr |
| 2021 | ₹272 Cr | -₹88.1 Cr | ₹6.2 Cr |
| 2020 | ₹194 Cr | -₹61.7 Cr | ₹6.5 Cr |
| 2019 | ₹382 Cr | -₹26.5 Cr | ₹42.3 Cr |
Balance sheet, profit and loss, cash flow and ratios of Morarjee Textiles Limited are on its company page.
Detailed financial statements for Morarjee Textiles
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Similar companies to Morarjee Textiles
Morarjee Textiles has 3 listed similar companies in our database, 2 of them funded. They include Gokaldas Exports, Eastman Exports and Shahi.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| gokaldasexports.com | 1979 | Bengaluru, India | 7,111 | Apparel and clothing are manufactured and exported on contract. | ||
| eastmanexports.com | 2003 | Tiruppur, India | $57.97M | 4,956 | Apparel products are manufactured under contract in India. | |
| shahi.co.in | 1974 | Faridabad, India | $18.61M | 27,538 | Garments are contract-manufactured by Shahi in apparel production. |
Detailed similar companies of Morarjee Textiles
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Web traffic of Morarjee Textiles
The website of Morarjee Textiles (morarjee.com) receives about 1.3K visits a month.
- Monthly visits1.3K
▲ 9.2% vs previous month
Websites whose visitors overlap most with Morarjee Textiles. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| loyaltextiles.com | 100% | 3.4K | #5,065,213 | View details | |
| sutlejtextiles.com | 98% | 6.4K | #3,100,380 | View details | |
| alokind.com | 74% | 11.4K | #2,054,581 | View details | |
| peninsula.co.in | 45% | 4.4K | #4,213,837 | View details | |
sourcebit.net | sourcebit.net | 28% | – | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 6 similar websites and full traffic analytics for Morarjee Textiles
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Top companies in Contract & Outsourced Manufacturing
3 companies that operate in the same segment as Morarjee Textiles (Contract & Outsourced Manufacturing) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Industrial components, mould bases, and storage solutions are manufactured globally. | 1986 | Coimbatore, Tamil Nadu, India | USD 28 M | USD 853.09 M | 43 | |
Single- and three-phase transformers are manufactured in Mumbai. | 1993 | Mumbai, Maharashtra, India | USD 114.37 M | 618 | ||
Apparel and clothing are manufactured and exported on contract. | 1979 | Bengaluru, Karnataka, India | USD 400 M | 40,280 |
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Related news about Morarjee Textiles
Complete news archive for Morarjee Textiles
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Frequently Asked Questions about Morarjee Textiles
Morarjee Textiles was founded in 1871.
Morarjee Textiles is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Morarjee Textiles has 761 employees.
The primary company behind Morarjee Textiles, Morarjee Textiles Limited, reported revenue of ₹208 Cr for FY 2023, down 24% year on year.
Morarjee Textiles is established as a global leader in premium cotton shirting and high fashion printed fabrics. Operations are focused in the textile sector, with expertise in spinning, weaving, printing, and finishing processes. Solutions are provided to both domestic and international brands, ensuring quality through continuous technological upgrades. Sustainability is integrated into practices with a commitment to zero waste and environmental policies. The company serves a wide range of clients, setting trends in the apparel fabric industry since 1871.
Morarjee Textiles's top competitors include Gokaldas Exports, Shahi and Eastman Exports.
Morarjee Textiles offers Yarn Dyed Shirting, Fashion Prints, and Whites and Voiles.
Yes, Morarjee Textiles is publicly traded on NSE under the ticker symbol MORARJEE.
Morarjee Textiles operates through Morarjee Textiles Limited.
The legal entities of Morarjee Textiles currently have 5 directors, including Harshvardhan Ashok Piramal, Ajay Kumar Singh, Devesh Harishchandra Dadheech and others.