About Morganite Crucible (India) Limited
Data last updated: 17 December 2025
Morganite Crucible (India) Limited is a public limited company based in Aurangabad, Maharashtra, India. It specialises in other metals and minerals, a part of the broader metals and mining sector. Incorporated on 13 January 1986, the company has been in operation for over 40 years.
Registered with ROC Mumbai under CIN L26920MH1986PLC038607. Listed on BSE: 523160.
Capital: an authorised share capital of ₹5.45 Cr and a paid-up capital of ₹2.8 Cr. Formerly known as Greaves Morganite Crucible Ltd. It is led by directors including Ulhas Narayanrao Gaoli and Henry James Knowles.
Last AGM: 21 August 2025. Financial statements filed for year ended 31 March 2025. Office: B – 11 Midc Industrial Area Waluj, Aurangabad, Maharashtra, India – 431136.
As per the financials filed for FY 2025, the company reported a revenue of ₹182.16 Cr, a growth of 5% compared to the previous year.
The company has a workforce of approximately 152 employees as per the latest available data.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website morganmms.com.
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Email*****@*****.com
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Telephone+91-****-******
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Website
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Social Media
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Registered AddressB – 11 Midc Industrial Area Waluj, Aurangabad, Maharashtra, India – 431136
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IndustryMetals and Minerals, Other Metals & Minerals
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Business Activity of Morganite Crucible (India) Limited
Morganite Crucible (India) Limited is engaged in the principal business activity of manufacturing, with detailed activities including other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | ********* |
Auditor Details of Morganite Crucible (India) Limited
Morganite Crucible (India) Limited is audited by Deloitte Haskins & Sells LLP (ICAI peer reviewed, certificate valid till 2027-07-31) for the financial year 2026, as reported in its BSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| Deloitte Haskins & Sells LLP (ICAI peer reviewed, certificate valid till 2027-07-31) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Morganite Crucible (India) Limited
Morganite Crucible (India) Limited is currently managed by 14 directors, with 30 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Ulhas Narayanrao Gaoli
Also directs:
Meesha Cyber Technologies Llp, Akar Auto Industries Limited, Marathwada Auto Compo Private Limited and 4 more
|
Director | 30 May 2023 | 3 Years 1 Months | Current |
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Henry James Knowles
Also directs:
Vesuvius India Ltd
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Additional Director | 12 Nov 2025 | 0 Years 7 Months | Current |
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Prasad Madhukar Chavare
Also directs:
Foseco India Limited
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Additional Director | 12 Nov 2025 | 0 Years 7 Months | Current |
| Mohit Mangal | Additional Director | 12 Nov 2025 | 0 Years 7 Months | Current |
| Jonathan Richard Percival | Director | 12 Aug 2022 | 3 Years 10 Months | Current |
| Rashmi Satish Joshi | Additional Director | 12 Nov 2025 | 0 Years 7 Months | Current |
Financials of Morganite Crucible (India) Limited FY 2026 filings available
Morganite Crucible (India) Limited reported revenue of ₹171.92 Cr (down 1.3% YoY) for FY 2026. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹171.92 Cr | ₹174.19 Cr | ₹167.93 Cr | ₹154.59 Cr | ₹152.35 Cr | ₹106.86 Cr | ₹128.55 Cr | ₹120.14 Cr |
| Other Income | ₹11.09 Cr | ₹7.97 Cr | ₹6.1 Cr | ₹4.83 Cr | ₹28.96 Cr | ₹4.09 Cr | ₹6.64 Cr | ₹5.95 Cr |
| Total Income | ₹183.01 Cr | ₹182.16 Cr | ₹174.04 Cr | ₹159.42 Cr | ₹181.32 Cr | ₹110.94 Cr | ₹135.2 Cr | ₹126.09 Cr |
| Cost of Materials Consumed | ₹58.2 Cr | ₹58.44 Cr | ₹63.61 Cr | ₹69.04 Cr | ₹60.94 Cr | ₹39.32 Cr | ₹46.16 Cr | ₹45.68 Cr |
| Purchases of Stock-in-Trade | ₹1.01 Cr | ₹24.1 Lakh | ₹1.18 Cr | ₹32.02 Lakh | ₹2.95 Cr | ₹3.91 Cr | ₹3.79 Cr | ₹0 |
| Changes in Inventories | -₹1.21 Cr | ₹4.4 Cr | ₹65.81 Lakh | -₹27.91 Lakh | -₹2.97 Cr | ₹1.92 Cr | ₹1.88 Cr | ₹1.8 Cr |
| Employee Benefit Expense | ₹20.17 Cr | ₹19.21 Cr | ₹17.59 Cr | ₹16.1 Cr | ₹17.75 Cr | ₹15.54 Cr | ₹18.23 Cr | ₹18.26 Cr |
| Finance Costs | ₹17.52 Lakh | ₹23.34 Lakh | ₹14.19 Lakh | ₹0 | ₹0 | ₹0 | ₹74,000 | ₹0 |
| Depreciation & Amortisation | ₹11.61 Cr | ₹9.05 Cr | ₹8.45 Cr | ₹7.75 Cr | ₹7.4 Cr | ₹5.66 Cr | ₹5.34 Cr | ₹4.31 Cr |
| Other Expenses | ₹47.92 Cr | ₹51.26 Cr | ₹46.41 Cr | ₹44.16 Cr | ₹43.86 Cr | ₹35.66 Cr | ₹41.38 Cr | ₹34.17 Cr |
| Total Expenses | ₹137.88 Cr | ₹142.84 Cr | ₹138.04 Cr | ₹137.1 Cr | ₹129.94 Cr | ₹102.01 Cr | ₹116.79 Cr | ₹104.23 Cr |
| Profit Before Exceptional Items & Tax | ₹45.13 Cr | ₹39.32 Cr | ₹36 Cr | ₹22.32 Cr | ₹51.38 Cr | ₹8.94 Cr | ₹18.41 Cr | ₹21.86 Cr |
| Exceptional Items | -₹18.68 Cr | ₹0 | -₹3.21 Cr | ₹0 | ₹3.1 Cr | -₹3.1 Cr | ₹0 | ₹0 |
| Profit Before Tax | ₹26.45 Cr | ₹39.32 Cr | ₹32.79 Cr | ₹22.32 Cr | ₹54.48 Cr | ₹5.84 Cr | ₹18.41 Cr | ₹21.86 Cr |
| Total Tax Expense | ₹7.73 Cr | ₹11.78 Cr | ₹9.3 Cr | ₹6.2 Cr | ₹11.09 Cr | ₹6.77 Cr | ₹5.29 Cr | ₹6.49 Cr |
| Net Profit | ₹18.72 Cr | ₹27.54 Cr | ₹23.49 Cr | ₹16.12 Cr | ₹43.39 Cr | -₹93.46 Lakh | ₹13.12 Cr | ₹15.37 Cr |
| Other Comprehensive Income | ₹31.07 Lakh | -₹57.48 Lakh | -₹27.74 Lakh | ₹3.99 Lakh | ₹23.4 Lakh | ₹2.82 Lakh | -₹44.23 Lakh | -₹34.01 Lakh |
| Total Comprehensive Income | ₹19.03 Cr | ₹26.97 Cr | ₹23.21 Cr | ₹16.16 Cr | ₹43.63 Cr | -₹90.64 Lakh | ₹12.68 Cr | ₹15.03 Cr |
| EBITDA (computed) | ₹56.91 Cr | ₹48.61 Cr | ₹44.59 Cr | ₹30.08 Cr | ₹58.78 Cr | ₹14.59 Cr | ₹23.76 Cr | ₹26.17 Cr |
| Basic EPS | ₹33.43 | ₹49.18 | ₹41.94 | ₹28.78 | ₹77.49 | ₹-1.67 | ₹46.85 | ₹54.88 |
| Diluted EPS | ₹33.43 | ₹49.18 | ₹41.94 | ₹28.78 | ₹77.49 | ₹-1.67 | ₹46.85 | ₹54.88 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | ₹169.02 Cr | ₹170.3 Cr | ₹174.21 Cr | ₹161.1 Cr | ₹154.92 Cr | ₹139.18 Cr | ₹139.45 Cr | ₹127.15 Cr |
| Non-current Assets | ₹77.73 Cr | ₹92.17 Cr | ₹72.01 Cr | ₹60.76 Cr | ₹56.85 Cr | ₹55.77 Cr | ₹57.56 Cr | ₹40 Cr |
| Current Assets | ₹91.29 Cr | ₹78.13 Cr | ₹102.21 Cr | ₹100.34 Cr | ₹98.06 Cr | ₹82.39 Cr | ₹80.87 Cr | ₹87.15 Cr |
| Property, Plant & Equipment | ₹60.83 Cr | ₹78.21 Cr | ₹58.71 Cr | ₹51.68 Cr | ₹36.22 Cr | ₹28.57 Cr | ₹30.18 Cr | ₹29.14 Cr |
| Inventories | ₹21.46 Cr | ₹17.36 Cr | ₹20.75 Cr | ₹23.4 Cr | ₹22.71 Cr | ₹17.72 Cr | ₹21.56 Cr | ₹20.63 Cr |
| Trade Receivables | ₹25.44 Cr | ₹31.24 Cr | ₹26.71 Cr | ₹27.07 Cr | ₹31.26 Cr | ₹22.29 Cr | ₹23.19 Cr | ₹17.04 Cr |
| Cash & Equivalents | ₹36.87 Cr | ₹21.19 Cr | ₹49.37 Cr | ₹45.14 Cr | ₹35.82 Cr | ₹35.64 Cr | ₹28.22 Cr | ₹20.88 Cr |
| Equity (Net Worth) | ₹140.16 Cr | ₹131.77 Cr | ₹128.32 Cr | ₹126.95 Cr | ₹122.55 Cr | ₹102.44 Cr | ₹107.82 Cr | ₹99.2 Cr |
| Equity Share Capital | ₹2.8 Cr | ₹2.8 Cr | ₹2.8 Cr | ₹2.8 Cr | ₹2.8 Cr | ₹2.8 Cr | ₹2.8 Cr | ₹2.8 Cr |
| Borrowings (Non-current) | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Borrowings (Current) | ₹0 | ₹33.46 Lakh | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Total Debt (computed) | ₹0 | ₹33.46 Lakh | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Current Liabilities | ₹28.04 Cr | ₹37.73 Cr | ₹44.85 Cr | ₹4.67 Cr | ₹0 | ₹7.45 Cr | ₹31.62 Cr | ₹27.78 Cr |
| Total Liabilities | ₹28.86 Cr | ₹38.53 Cr | ₹45.89 Cr | ₹34.15 Cr | ₹32.36 Cr | ₹36.74 Cr | ₹31.62 Cr | ₹27.95 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | ₹35.5 Cr | ₹25.29 Cr | ₹43.15 Cr | ₹31.81 Cr | ₹25.5 Cr |
| Investing Cash Flow | -₹9.2 Cr | -₹29.45 Cr | -₹16.53 Cr | -₹10.39 Cr | -₹1.74 Cr |
| Financing Cash Flow | -₹11 Cr | -₹24.07 Cr | -₹22.37 Cr | -₹11.86 Cr | -₹23.69 Cr |
| Capital Expenditure | ₹0 | ₹30.69 Cr | ₹17.74 Cr | ₹10.76 Cr | ₹10.1 Cr |
| Free Cash Flow (computed) | ₹35.5 Cr | -₹5.4 Cr | ₹25.42 Cr | ₹21.04 Cr | ₹15.4 Cr |
| Dividends Paid | ₹10.59 Cr | ₹23.65 Cr | ₹21.95 Cr | ₹11.86 Cr | ₹23.69 Cr |
| Net Change in Cash | ₹15.68 Cr | -₹28.17 Cr | ₹4.22 Cr | ₹9.47 Cr | ₹7.06 Lakh |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹37.35 Cr | ₹46.09 Cr | ₹45.93 Cr | ₹42.54 Cr | ₹42.32 Cr | ₹44.66 Cr | ₹44.31 Cr | ₹42.9 Cr |
| Other Income | ₹5.83 Cr | ₹64.08 Lakh | ₹2.51 Cr | ₹2.11 Cr | ₹1.52 Cr | ₹2.75 Cr | ₹1.75 Cr | ₹1.96 Cr |
| Total Income | ₹43.18 Cr | ₹46.73 Cr | ₹48.44 Cr | ₹44.65 Cr | ₹43.84 Cr | ₹47.41 Cr | ₹46.06 Cr | ₹44.85 Cr |
| Cost of Materials Consumed | ₹11.83 Cr | ₹15.24 Cr | ₹14.37 Cr | ₹16.59 Cr | ₹13.9 Cr | ₹13.7 Cr | ₹15.32 Cr | ₹15.51 Cr |
| Purchases of Stock-in-Trade | ₹15.07 Lakh | ₹2.06 Lakh | ₹27.58 Lakh | ₹56.75 Lakh | ₹16.7 Lakh | ₹1.78 Lakh | ₹1.5 Lakh | ₹4.12 Lakh |
| Changes in Inventories | ₹27.78 Lakh | -₹25.65 Lakh | ₹1.46 Cr | -₹2.52 Cr | ₹38.11 Lakh | ₹2.26 Cr | ₹68.52 Lakh | ₹1.07 Cr |
| Employee Benefit Expense | ₹5 Cr | ₹5.12 Cr | ₹4.94 Cr | ₹5.11 Cr | ₹4.91 Cr | ₹5.22 Cr | ₹4.5 Cr | ₹4.58 Cr |
| Finance Costs | ₹7.56 Lakh | ₹1.3 Lakh | ₹4.32 Lakh | ₹4.34 Lakh | ₹2.68 Lakh | ₹4.73 Lakh | ₹7.88 Lakh | ₹8.05 Lakh |
| Depreciation & Amortisation | ₹2.83 Cr | ₹3.19 Cr | ₹2.82 Cr | ₹2.77 Cr | ₹2.62 Cr | ₹2.31 Cr | ₹2.17 Cr | ₹1.95 Cr |
| Other Expenses | ₹10.38 Cr | ₹11.76 Cr | ₹12.12 Cr | ₹13.66 Cr | ₹16.41 Cr | ₹12.99 Cr | ₹10.95 Cr | ₹10.9 Cr |
| Total Expenses | ₹30.54 Cr | ₹35.1 Cr | ₹36.02 Cr | ₹36.22 Cr | ₹38.42 Cr | ₹36.55 Cr | ₹33.72 Cr | ₹34.14 Cr |
| Profit Before Exceptional Items & Tax | ₹12.64 Cr | ₹11.64 Cr | ₹12.42 Cr | ₹8.43 Cr | ₹5.42 Cr | ₹10.86 Cr | ₹12.33 Cr | ₹10.71 Cr |
| Exceptional Items | -₹15.9 Cr | -₹2.78 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | -₹3.26 Cr | ₹8.86 Cr | ₹12.42 Cr | ₹8.43 Cr | ₹5.42 Cr | ₹10.86 Cr | ₹12.33 Cr | ₹10.71 Cr |
| Total Tax Expense | -₹1.86 Cr | ₹3.29 Cr | ₹3.64 Cr | ₹2.66 Cr | ₹2.53 Cr | ₹3.01 Cr | ₹3.42 Cr | ₹2.82 Cr |
| Net Profit | -₹1.4 Cr | ₹5.57 Cr | ₹8.78 Cr | ₹5.77 Cr | ₹2.88 Cr | ₹7.85 Cr | ₹8.92 Cr | ₹7.9 Cr |
| Other Comprehensive Income | ₹63.93 Lakh | -₹15.3 Lakh | -₹4.1 Lakh | -₹13.47 Lakh | -₹18.29 Lakh | ₹29.16 Lakh | -₹55.36 Lakh | -₹13 Lakh |
| Total Comprehensive Income | -₹75.68 Lakh | ₹5.42 Cr | ₹8.73 Cr | ₹5.64 Cr | ₹2.7 Cr | ₹8.14 Cr | ₹8.36 Cr | ₹7.77 Cr |
| EBITDA (computed) | ₹15.54 Cr | ₹14.84 Cr | ₹15.28 Cr | ₹11.24 Cr | ₹8.06 Cr | ₹13.22 Cr | ₹14.58 Cr | ₹12.74 Cr |
| Basic EPS | ₹-2.49 | ₹9.94 | ₹15.67 | ₹10.31 | ₹5.15 | ₹14.01 | ₹15.92 | ₹14.10 |
| Diluted EPS | ₹-2.49 | ₹9.94 | ₹15.67 | ₹10.31 | ₹5.15 | ₹14.01 | ₹15.92 | ₹14.10 |
Shareholding Pattern of Morganite Crucible (India) Limited
As per the shareholding pattern filed with BSE for the quarter ended Mar 2026, promoters hold 76.77%, foreign institutional investors hold 0.16%, domestic institutional investors hold 0.24%, retail and other public shareholders hold 22.83% of Morganite Crucible (India) Limited. The company had 6,613 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 76.77% | 75.00% | 75.00% | 75.00% | 75.00% | 75.00% |
| Public | 23.23% | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% |
| Mar 2026 | Mar 2025 | Mar 2024 | |
|---|---|---|---|
| Promoters | 76.77% | 75.00% | 75.00% |
| Public | 23.23% | 25.00% | 25.00% |
| Promoter change (YoY, %pts) | +1.77 | +0.00 | - |
Charges & Borrowings Morganite Crucible (India) Limited
Morganite Crucible (India) Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Morganite Crucible (India) Limited
Morganite Crucible (India) Limited has a workforce of 152 employees as of Mar 29, 2024.
Employee Count & EPFO Data of Morganite Crucible (India) Limited
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GST Compliance of Morganite Crucible (India) Limited
GSTIN & GST Filing Data of Morganite Crucible (India) Limited
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Credit Ratings, Litigation & Regulatory Alerts for Morganite Crucible (India) Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Morganite Crucible (India) Limited
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MSME Payment Delays by Morganite Crucible (India) Limited
MSME Payment Delays by Morganite Crucible (India) Limited
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Subsidiaries & Group Companies of Morganite Crucible (India) Limited
Subsidiaries & Group Companies of Morganite Crucible (India) Limited
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MCA Filings & Documents of Morganite Crucible (India) Limited
MCA Filings & Documents of Morganite Crucible (India) Limited
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Recent Activity on Morganite Crucible (India) Limited
Frequently Asked Questions about Morganite Crucible (India) Limited
Morganite Crucible (India) Limited is an active public limited company in the metals and minerals sector based in Aurangabad, Maharashtra, India. It was incorporated on 13 January 1986 (40+ years old) and is registered under CIN L26920MH1986PLC038607. Listed on BSE: 523160. The company has 152 employees.
Morganite Crucible (India) Limited reported revenue of ₹182.16 Cr for FY 2025 (up 5.00% YoY).
The current directors of Morganite Crucible (India) Limited are:
- Ulhas Narayanrao Gaoli
- Henry James Knowles
- Prasad Madhukar Chavare
- Mohit Mangal
- Jonathan Richard Percival
- Rashmi Satish Joshi
- Hanumant Radhu Mandale
- Aniruddha Ajit Karve
- Bhupendrakumar Sridhar Rao Kelam
- Amitabha Mukhopadhyay
- Pooja Jindal
- Poonam Rameshchandra Bopshetti
- Pooja Dindayal Jindal
- Manuel Antonio Delfino Aguilera
The primary industry of Morganite Crucible (India) Limited is metals and minerals. The company specifically operates in other metals and minerals. The company is currently active in this sector.
Yes. Morganite Crucible (India) Limited is listed on BSE with code 523160.
Morganite Crucible (India) Limited can be reached at the registered office: B – 11 Midc Industrial Area Waluj, Aurangabad, Maharashtra, India – 431136, or through the website morganmms.com.