About Borax Morarji Limited
Data last updated:
Borax Morarji Limited was a public limited company based in Mumbai, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the specialty chemicals segment of the chemicals and materials sector. It was incorporated on 27 August 1963.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN L24100MH1963PLC012706. The company has 4 GST registrations on record, none of which is active. It is a listed company.
The company had an authorised share capital of ₹20 Cr and a paid-up capital of ₹13.52 Cr. It was led by directors including Sanjeev Vishwanath Joshi and Arvind Wasudeo Ketkar.
Its last annual general meeting (AGM) was held on 26 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at Prospect Chambers317 – 21 Dr D N Road, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2016, the company reported a revenue of ₹44.66 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net profit of ₹4.56 Cr (net margin 10.2%) and EBITDA of ₹11.12 Cr (EBITDA margin 24.9%).
The company had about 8 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 1 brand: Borax Morarji. As per MCA filings, the company had open charges of ₹30.5 Cr and satisfied charges of ₹36.44 Cr on record.
The last known website on record is boraxmorarji.com.
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- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressProspect Chambers317 – 21 Dr D N Road, Mumbai, Maharashtra, India – 400001
- IndustryChemicals and Materials, Specialty Chemicals
- 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
- One PDF report, delivered after checkout
CIN History of Borax Morarji Limited
Borax Morarji has one previous CIN (Corporate Identification Number): U24100MH1963PLC012706. The current CIN is L24100MH1963PLC012706, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L24100MH1963PLC012706 | Current |
| U24100MH1963PLC012706 | Previous |
Associated Brands with Borax Morarji Limited
Borax Morarji operates one associated brand: Borax Morarji. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Borax-based fertilizers and chemicals are manufactured by the company. | boraxmorarji.com |
Business Activity of Borax Morarji Limited
The main business activity of Borax Morarji is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Borax Morarji Limited
Borax Morarji Limited is audited by K.S.Aiyar and Co for the financial year 2016.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| K.S.Aiyar and Co | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors and KMP of Borax Morarji Limited
Borax Morarji Limited currently reports 6 directors and 1 key managerial person. 7 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjeev Vishwanath Joshi | Director | 31 Mar 2005 | 21 Years 6 Months | As last reported |
| Arvind Wasudeo Ketkar | Director | 25 Sep 2013 | 13 Years 0 Months | As last reported |
| Dilip Trimbak Gokhale | Director | 02 Nov 2013 | 12 Years 11 Months | As last reported |
| Mitika Laxmikumar Goculdas Also directs: DMCC Speciality Chemicals Limited, Bombay Foods Pvt Ltd, Natural Gas Company Private Limited and 5 more | Director | 02 Dec 2009 | 16 Years 10 Months | As last reported |
| Umesh Rajaram Shetkar | Ceo | 10 Aug 2016 | 10 Years 1 Months | As last reported |
| Bimal Lalitsingh Goculdas Also directs: DMCC Speciality Chemicals Limited, Bombay Foods Pvt Ltd, Natural Gas Company Private Limited and 5 more | Director | 01 Apr 2015 | 11 Years 6 Months | As last reported |
Financials of Borax Morarji Limited FY 2016 filings available
Borax Morarji Limited reported revenue of ₹44.66 Cr (down 10% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR) of Borax Morarji Limited
Revenue fell 10% in the latest year. EBITDA rose 244% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Borax Morarji Limited
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | •••• | •••• |
| Other Income | •••• | •••• |
| Total Revenue | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• |
| Employee Benefit Expense | •••• | •••• |
| Finance Costs | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• |
| Other Expenses | •••• | •••• |
| Total Expenses | •••• | •••• |
| EBITDA | ₹11.12 Cr | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | ₹4.56 Cr | •••• |
| Balance Sheet | ||
| Share Capital | •••• | •••• |
| Reserves and Surplus | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• |
| Long-term Borrowings | •••• | •••• |
| Short-term Borrowings | •••• | •••• |
| Trade Payables | •••• | •••• |
| Total Liabilities | •••• | •••• |
| Fixed Assets | •••• | •••• |
| Investments | •••• | •••• |
| Inventories | •••• | •••• |
| Trade Receivables | •••• | •••• |
| Cash and Bank Balance | •••• | •••• |
| Total Assets | •••• | •••• |
Financial Ratios of Borax Morarji Limited
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 24.9% | •••• |
| Net Profit Margin | 10.2% | •••• |
| Return on Equity (ROE) | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• |
| Liquidity and Debt | ||
| Current Ratio | •••• | •••• |
| Quick Ratio | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• |
| Efficiency and Growth | ||
| Asset Turnover | •••• | •••• |
| Receivable Days | •••• | •••• |
| Payable Days | •••• | •••• |
| Inventory Days | •••• | •••• |
| Revenue Growth | •••• | •••• |
| Net Profit Growth | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Borax Morarji are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Borax Morarji Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Borax Morarji Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Feb 2016 | State Bank of India | ₹30.5 Cr | Open |
| 04 Apr 2007 | Indian Overseas Bank | ₹1.95 Cr | Satisfied |
| 17 Jan 2001 | Indian Renewable Energy Development Agency Limited | ₹1.04 Cr | Satisfied |
| 07 Oct 1999 | Indian Renewable Energy Development Agency Limited | ₹1.48 Cr | Satisfied |
| 22 Feb 1999 | Indian Renewable Energy Development Agency Limited | ₹73.26 Lakh | Satisfied |
Total charge records: 7 View all charges
Employees and EPFO Compliance at Borax Morarji Limited
Borax Morarji Limited has a workforce of 8 employees as of Apr 05, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Borax Morarji Limited
Borax Morarji has 4 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Borax Morarji Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Borax Morarji Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Borax Morarji Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Borax Morarji Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Borax Morarji Limited
Recent News on Borax Morarji Limited
Frequently Asked Questions about Borax Morarji Limited
Borax Morarji has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Borax Morarji was a public limited company based in Mumbai, Maharashtra, India. The company worked in specialty chemicals, within the chemicals and materials industry. It was incorporated on 27 August 1963 and is registered under CIN L24100MH1963PLC012706. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Borax Morarji was incorporated on 27 August 1963. It is registered with the Registrar of Companies, Mumbai.
Borax Morarji had 7 directors and KMP:
- Sanjeev Vishwanath Joshi - Director
- Arvind Wasudeo Ketkar - Director
- Dilip Trimbak Gokhale - Director
- Mitika Laxmikumar Goculdas - Director
- Bimal Lalitsingh Goculdas - Director
- Laxmikumar Narottam Goculdas - Director
- Umesh Rajaram Shetkar - Ceo
The CIN (Corporate Identification Number) of Borax Morarji is L24100MH1963PLC012706. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes, Borax Morarji is a listed company.
The registered office of Borax Morarji is at Prospect Chambers317 – 21 Dr D N Road, Mumbai, Maharashtra, India – 400001.
Borax Morarji can be reached through the website boraxmorarji.com. Its registered office is in Mumbai, Maharashtra, India.
Borax Morarji reported revenue of ₹44.66 Cr for FY 2016 (down 10% YoY).