- #641 Veerankutty K P ₹5,000 Cr

About Malabar Marina Projects (India) Private Limited
Data last updated:
Malabar Marina Projects (India) Private Limited is a private limited company based in Kozhikode, Kerala, India. It operates in the equipment leasing and financing segment of the financial services sector. It was incorporated on 06 January 1999 and has been in existence for over 27 years.
Its director Veerankutty K P is #641 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U45201KL1999PTC012720. Its GSTIN is 32AAICM3839N1Z3 (Kerala). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹4.75 Cr and a paid-up capital of ₹4.75 Cr. It was formerly known as Sterling Tile Works Private Limited. It is led by directors including Ibrahim Muhammed Ameen and Madathum Parambath Ahammad.
Its last annual general meeting (AGM) was held on 23 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 16/501 O Montana Estate Paingottupuram Peringolam (Po), Kozhikode, Kerala, India – 673571.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.11 Cr, a growth of 31% compared to the previous year. For the same year it recorded a net profit of ₹39.49 Lakh (net margin 18.7%) and EBITDA of ₹1.43 Cr (EBITDA margin 67.8%). Revenue has grown at a compounded annual rate (CAGR) of 45% over three years and 3% over five years.
As per MCA filings, the company has open charges of ₹766 Cr and satisfied charges of ₹6.5 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website malabargoldanddiamonds.com.
Company details
CIN history
Malabar Marina Projects (India) has one previous CIN (Corporate Identification Number): U26921KL1999PTC012720. The current CIN is U45201KL1999PTC012720, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45201KL1999PTC012720 | Current |
| U26921KL1999PTC012720 | Previous |
Recognitions & Rankings of Malabar Marina Projects (India)
Contact details
Malabar Marina Projects (India) Private Limited's registered office is in Kozhikode, Kerala. Its website is malabargoldanddiamonds.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address16/501 O Montana Estate Paingottupuram Peringolam (Po), Kozhikode, Kerala, India – 673571
- IndustryFinancial Services, Equipment Leasing & Financing
To see the full contact details of Malabar Marina Projects (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 activity of Malabar Marina Projects (India) is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Malabar Marina Projects (India) Private Limited, buy the company report.
Financials of Malabar Marina Projects (India) Private Limited
FY 2025 filings availableMalabar Marina Projects (India) Private Limited reported revenue of ₹2.11 Cr (up 31% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 3% over five years, including 31% growth in the latest year. EBITDA rose 90% 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 |
|---|---|---|---|---|---|
| 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 | ₹1.43 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹39.49 Lakh | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 67.8% | ||||
| Net Profit Margin | 18.7% | ||||
| 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 | |||||
To see the full financial statements and ratios of Malabar Marina Projects (India) Private Limited, buy the company report.
Board of directors of Malabar Marina Projects (India) Private Limited
Malabar Marina Projects (India) has 4 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ibrahim Muhammed Ameen Also directs: Malabar Jewels and Gems Private Limited, Balkan Developers LLP, Bolton Developers LLP and 2 more | Director | 27 Apr 2015 | 11 Years 6 Months | Current |
| Madathum Parambath Ahammad | Director | 21 Oct 2016 | 10 Years 0 Months | Current |
| Kandambath Puthiyapath Veerankutty Also directs: Eham Digital Limited Liability Partnership, Malabar Towers Private Limited, Unify Retail Ventures Limited and 5 more | Nominee Director | 01 Apr 2011 | 15 Years 6 Months | Current |
| Ruzan Muhammed | Director | 09 Jun 2025 | 1 Years 4 Months | Current |
Auditor
Malabar Marina Projects (India) Private Limited is audited by P A HAMEED & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P A HAMEED & ASSOCIATES | FY 2022 | 005527S |
Shareholding
The shareholding of Malabar Marina Projects (India) Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Malabar Marina Projects (India) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Aug 2016 | 100077425 | State Bank of Travancore | ₹16 Cr | Open | |
| 04 Apr 2013 | 10426621 | Sbicap Trustee Company Limited | ₹750 Cr | Open | |
| 06 Dec 2016 | 100068938 | State Bank of Travancore | ₹6.5 Cr | Satisfied |
To see the full charge records of Malabar Marina Projects (India) Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Malabar Marina Projects (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 Malabar Marina Projects (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Malabar Marina Projects (India) has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAICM3839N1Z3 | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Malabar Marina Projects (India) Private Limited, buy the company report.
Recent activity
Malabar Marina Projects (India) Private Limited has 15 board changes on record since 2007: 4 appointments and 11 cessations. The latest: Ruzan Muhammed ceased to be Additional Director on 22 Sep 2025.
11 earlier events are in the company report.
News
Frequently asked questions
Malabar Marina Projects (India) is an active private limited company based in Kozhikode, Kerala, India. The company works in equipment leasing and financing, within the financial services industry. It was incorporated on 06 January 1999 (27+ years old) and is registered under CIN U45201KL1999PTC012720.
Malabar Marina Projects (India) has 4 current directors:
- Ibrahim Muhammed Ameen - Director
- Madathum Parambath Ahammad - Director
- Kandambath Puthiyapath Veerankutty - Nominee Director
- Ruzan Muhammed - Director
The latest financial statements of Malabar Marina Projects (India) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 23 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Malabar Marina Projects (India) is 32AAICM3839N1Z3, registered in Kerala. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Malabar Marina Projects (India) is U45201KL1999PTC012720. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Malabar Marina Projects (India) was incorporated on 06 January 1999, making it 27+ years old. It is registered with the Registrar of Companies, Ernakulam.
Ruzan Muhammed ceased to be Additional Director on 22 Sep 2025. Ruzan Muhammed was appointed as Director on 09 Jun 2025. Asher Ottamoochikkal ceased to be Additional Director on 26 Sep 2017. Malabar Marina Projects (India) has 15 board changes on record in total.
Malabar Marina Projects (India) can be reached through the website malabargoldanddiamonds.com. Its registered office is in Kozhikode, Kerala, India.
The registered office of Malabar Marina Projects (India) is at 16501 O Montana Estate Paingottupuram Peringolam Po, Kozhikode, Kerala, India – 673571.
Malabar Marina Projects (India) operates in the financial services industry, in the equipment leasing and financing segment.

