India's Richest People 2026 edition · 1 director · Source: Hurun India
- #376 Ravi Jhunjhunwala & family ₹9,900 Cr
Market Cap
₹245 Cr
MARALOVER · NSE
Share Price
₹58.24
-1.19% today
Revenue
₹981 Cr
FY 2025-26 · -6.3% YoY
EBITDA
₹47.81 Cr
Margin 4.9%
Net Profit
₹4.23 Cr
FY 2025-26 · +117.4% YoY
P/E (TTM)
10.8x
P/B 2.2x
ROE
3.7%
ROCE 6.7%
Debt / Equity
3.75
Interest cover 247.8x
About Maral Overseas Limited
Data last updated:
Maral Overseas Limited is a public limited company based in Khargone, Madhya Pradesh, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 27 January 1989 and has been in existence for over 37 years.
Its director Ravi Jhunjhunwala and family are #376 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN L17124MP1989PLC008255. Its GSTIN is 23AACCM0230B1ZI (Madhya Pradesh). The company holds 7 GST registrations, of which 5 are active. Its shares are listed on BSE: 521018 and NSE: MARALOVER.
The company has an authorised share capital of ₹75 Cr and a paid-up capital of ₹71.51 Cr. It is led by directors including Shekhar Agarwal (Managing Director) and Shantanu Agarwal (Managing Director).
Its last annual general meeting (AGM) was held on 29 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Maral Sarovar V & P.O. Khalbujurg Tehsil Kasrawad, Khargone, Madhya Pradesh, India – 451660.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹980.87 Cr, a decline of 6.3% compared to the previous year. For the same year it recorded a net profit of ₹4.23 Cr (net margin 0.4%) and EBITDA of ₹47.81 Cr (EBITDA margin 4.9%). The net worth stands at ₹110.74 Cr (up 1.7% YoY). Total assets are valued at ₹560.81 Cr (down 7% YoY).
The company has about 4,365 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Maral Overseas. As per MCA filings, the company has open charges of ₹592.77 Cr and satisfied charges of ₹928.69 Cr on record. Court records list 8 cases involving the company, including 5 filed by the company and 3 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website maraloverseas.com.
Company Details of Maral Overseas Limited
CIN L17124MP1989PLC008255
Registration Number 008255
Incorporation Date 27 January 1989
ROC Gwalior
Listing Status Listed (BSE: 521018, NSE: MARALOVER)
Company Status Active
Date of Last AGM 29 August 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
CIN History
Maral Overseas has one previous CIN (Corporate Identification Number): L17124MP1994PLC008255. The current CIN is L17124MP1989PLC008255, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L17124MP1989PLC008255 | Current |
| L17124MP1994PLC008255 | Previous |
Key People
Shekhar Agarwal Managing Director Shantanu Agarwal Managing Director Ravi Jhunjhunwala Director Recognitions & Rankings of Maral Overseas
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressMaral Sarovar V & P.O. Khalbujurg Tehsil Kasrawad, Khargone, Madhya Pradesh, India – 451660
- IndustryManufacturing, Textile & Fabric Production
Comprehensive company report
Maral Overseas Limited - one report that includes everything
- 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
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Associated Brands
Maral Overseas operates one associated brand: Maral Overseas. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturer of yarns, knitted fabric, and garments for textile industry | maraloverseas.com |
Business Activity
The main business activity of Maral Overseas is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | Locked |
Premium access
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Financials of Maral Overseas Limited
FY 2025-26 filings availableMaral Overseas Limited reported revenue of ₹980.87 Cr (down 6.3% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · StandaloneRevenue
₹981 Cr
-6.3% YoY
EBITDA
₹47.81 Cr
+111.1% YoY
Profit After Tax
₹4.23 Cr
+117.4% YoY
Net Worth
₹111 Cr
+1.7% YoY
Total Assets
₹561 Cr
-7.0% YoY
Total Debt
₹374 Cr
-16.8% YoY
Revenue 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 | 981 | 1,047 | 960 | 1,026 | 1,082 | 632 | 676 |
| Revenue growth | -6.3% | +9.1% | -6.4% | -5.2% | +71.3% | -6.5% | - |
| EBITDA | 47.81 | 22.65 | 36.83 | 19.43 | 117 | 53.60 | 7.51 |
| EBITDA margin | +4.9% | +2.2% | +3.8% | +1.9% | +10.8% | +8.5% | +1.1% |
| Profit before tax | 1.01 | (25.63) | (8.46) | (18.36) | 92.47 | 20.88 | (15.27) |
| Net profit | 4.23 | (24.25) | (9.91) | (16.31) | 63.17 | 12.47 | (15.45) |
| Net profit margin | +0.4% | -2.3% | -1.0% | -1.6% | +5.8% | +2.0% | -2.3% |
| EPS (₹) | 0.79 | (5.83) | (2.35) | (3.84) | 16.14 | 3.02 | (3.68) |
| Balance sheet | |||||||
| Total assets | 561 | 603 | 657 | 528 | 426 | 318 | 331 |
| Net worth | 111 | 109 | 132 | 141 | 166 | 97.65 | 83.75 |
| Total debt | 374 | 449 | 476 | 372 | 243 | 197 | 223 |
| Cash & bank | 6.38 | 4.72 | 4.99 | 7.14 | 5.17 | 3.34 | 9.69 |
| Net working capital | 218 | 231 | 265 | 269 | 235 | 147 | 130 |
| Cash flow | |||||||
| Cash from operations | 89.58 | 75.87 | 61.15 | 15.61 | 34.05 | 38.10 | 56.47 |
| Cash from investing | (6.91) | (28.32) | (122) | (89.62) | (31.03) | (2.50) | (10.83) |
| Cash from financing | (81.86) | (47.92) | 58.51 | 75.87 | (2.33) | (43.45) | (41.70) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 263 | 258 | 247 | 250 | 226 | 275 | 250 | 271 |
| Revenue growth (YoY) | +16.7% | -6.0% | -1.2% | -7.9% | -10.1% | - | - | - |
| Other income | 5.73 | 9.82 | 4.27 | 4.65 | 4.64 | 6.78 | 4.59 | 3.47 |
| Total expenses | 246 | 240 | 229 | 241 | 224 | 264 | 249 | 264 |
| EBITDA | 16.71 | 18.30 | 18.80 | 9.08 | 1.64 | 10.41 | 1.31 | 7.36 |
| EBITDA margin | +6.3% | +7.1% | +7.6% | +3.6% | +0.7% | +3.8% | +0.5% | +2.7% |
| Depreciation | 7.97 | 7.95 | 7.97 | 7.73 | 9.02 | 8.77 | 8.45 | 8.41 |
| Interest | 9.16 | 8.94 | 9.41 | 9.14 | 10.00 | 8.85 | 8.84 | 9.76 |
| Profit before tax | 5.31 | 11.23 | 5.69 | (3.14) | (12.74) | (0.43) | (11.39) | (7.34) |
| Tax | (0.66) | (2.09) | 0.37 | (0.35) | (0.18) | (0.20) | (0.83) | (0.38) |
Financial Statements
Figures in ₹ Cr; negatives in brackets. Updated 22 Oct 2026
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 263 | 258 | 247 | 250 | 226 | 275 | 250 | 271 |
| Revenue growth (YoY) | +16.7% | -6.0% | -1.2% | -7.9% | -10.1% | - | - | - |
| Other income | 5.73 | 9.82 | 4.27 | 4.65 | 4.64 | 6.78 | 4.59 | 3.47 |
| Total expenses | 246 | 240 | 229 | 241 | 224 | 264 | 249 | 264 |
| EBITDA | 16.71 | 18.30 | 18.80 | 9.08 | 1.64 | 10.41 | 1.31 | 7.36 |
| EBITDA margin | +6.3% | +7.1% | +7.6% | +3.6% | +0.7% | +3.8% | +0.5% | +2.7% |
| Depreciation | 7.97 | 7.95 | 7.97 | 7.73 | 9.02 | 8.77 | 8.45 | 8.41 |
| Interest | 9.16 | 8.94 | 9.41 | 9.14 | 10.00 | 8.85 | 8.84 | 9.76 |
| Profit before tax | 5.31 | 11.23 | 5.69 | (3.14) | (12.74) | (0.43) | (11.39) | (7.34) |
| Tax | (0.66) | (2.09) | 0.37 | (0.35) | (0.18) | (0.20) | (0.83) | (0.38) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 981 | 1,047 | 960 | 1,026 | 1,082 | 632 | 676 |
| Revenue growth | -6.3% | +9.1% | -6.4% | -5.2% | +71.3% | -6.5% | - |
| Other income | 23.38 | 22.57 | 22.92 | 15.27 | 22.30 | 7.82 | 17.33 |
| Total expenses | 933 | 1,024 | 923 | 1,006 | 965 | 578 | 668 |
| Employee cost | 169 | 179 | 147 | 146 | 130 | 84.21 | 98.65 |
| EBITDA | 47.81 | 22.65 | 36.83 | 19.43 | 117 | 53.60 | 7.51 |
| EBITDA margin | +4.9% | +2.2% | +3.8% | +1.9% | +10.8% | +8.5% | +1.1% |
| Depreciation | 32.68 | 34.17 | 34.26 | 29.96 | 26.13 | 23.99 | 24.41 |
| Interest | 37.50 | 36.68 | 33.95 | 23.10 | 21.03 | 16.55 | 15.70 |
| Profit before tax | 1.01 | (25.63) | (8.46) | (18.36) | 92.47 | 20.88 | (15.27) |
| Tax | (2.26) | (1.43) | 1.30 | (2.43) | 25.49 | 8.34 | 0.00 |
| Net profit | 4.23 | (24.25) | (9.91) | (16.31) | 63.17 | 12.47 | (15.45) |
| Net profit margin | +0.4% | -2.3% | -1.0% | -1.6% | +5.8% | +2.0% | -2.3% |
| EPS (₹) | 0.79 | (5.83) | (2.35) | (3.84) | 16.14 | 3.02 | (3.68) |
| 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 | 41.51 | 41.51 | 41.51 | 41.51 | 41.51 | 41.51 | 41.51 |
| Reserves & surplus | 69.23 | 67.38 | 90.03 | 99.48 | 124 | 56.14 | 42.24 |
| Shareholders' funds (net worth) | 111 | 109 | 132 | 141 | 166 | 97.65 | 83.75 |
| Secured loans | 341 | 380 | 385 | 299 | 213 | 197 | 223 |
| Unsecured loans | 32.49 | 69.42 | 91.42 | 72.20 | 30.88 | 0.00 | 0.00 |
| Total debt | 374 | 449 | 476 | 372 | 243 | 197 | 223 |
| Total liabilities | 561 | 603 | 657 | 528 | 426 | 318 | 331 |
| Assets | |||||||
| Gross block | 566 | 560 | 531 | 354 | 293 | 260 | 264 |
| Net block | 307 | 337 | 346 | 203 | 175 | 161 | 182 |
| Capital work in progress | 0.04 | 1.21 | 9.21 | 41.01 | 3.21 | 1.70 | 0.01 |
| Investments | 1.49 | 1.17 | 1.14 | 0.79 | 0.75 | 0.55 | 0.30 |
| Inventories | 133 | 136 | 164 | 180 | 201 | 99.57 | 98.19 |
| Sundry debtors | 127 | 139 | 121 | 99.12 | 109 | 97.73 | 75.29 |
| Cash & bank balances | 6.38 | 4.72 | 4.99 | 7.14 | 5.17 | 3.34 | 9.69 |
| Loans & advances | 80.17 | 77.10 | 70.58 | 85.75 | 77.66 | 61.80 | 47.42 |
| Total current assets | 347 | 357 | 361 | 372 | 393 | 262 | 231 |
| Total current liabilities | 129 | 126 | 95.96 | 102 | 159 | 115 | 101 |
| Net working capital | 218 | 231 | 265 | 269 | 235 | 147 | 130 |
| Total assets | 561 | 603 | 657 | 528 | 426 | 318 | 331 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.22 | 0.58 | 2.88 | 1.03 | 0.34 | 8.19 | 4.25 |
| Net cash from operating activities | 89.58 | 75.87 | 61.15 | 15.61 | 34.05 | 38.10 | 56.47 |
| Net cash from investing activities | (6.91) | (28.32) | (122) | (89.62) | (31.03) | (2.50) | (10.83) |
| Net cash from financing activities | (81.86) | (47.92) | 58.51 | 75.87 | (2.33) | (43.45) | (41.70) |
| Net change in cash | 0.82 | (0.37) | (2.30) | 1.85 | 0.69 | (7.86) | 3.94 |
| Closing cash | 6.38 | 4.72 | 4.99 | 7.14 | 5.17 | 3.34 | 9.69 |
| 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 | -6.3% | +9.1% | -6.4% | -5.2% | +71.3% | -6.5% | - |
| EBITDA growth | +111.1% | -38.5% | +89.6% | -83.4% | +118.9% | +613.7% | - |
| PBT growth | +9998.0% | -203.0% | +53.9% | - | +342.9% | +9998.0% | - |
| Net income growth | +117.4% | -144.7% | +39.2% | -125.8% | +406.6% | +180.7% | - |
| Revenue CAGR (3Y) | -1.5% | -1.1% | +15.0% | +14.9% | +12.7% | -0.5% | +0.5% |
| EBITDA CAGR (3Y) | +35.0% | -42.2% | -11.8% | +37.3% | +48.3% | +28.4% | -45.2% |
| Profitability & leverage | |||||||
| Net income margin | +0.3% | -2.3% | -1.0% | -1.6% | +6.2% | +2.0% | -2.3% |
| Return on capital employed | +6.7% | 0.0% | +4.3% | +1.0% | +29.7% | +11.2% | 0.0% |
| Return on net worth | +3.7% | 0.0% | -7.2% | -10.4% | +47.2% | +12.4% | 0.0% |
| Debt / equity | 3.75 | 3.85 | 3.11 | 2.01 | 1.67 | 2.31 | 2.55 |
| Long-term debt / equity | 1.40 | 1.58 | 1.21 | 0.71 | 0.52 | 0.47 | 0.48 |
| Interest cover | 247.85 | -318.40 | 1,321.01 | -219.37 | 23.06 | 55.89 | -92.90 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.74 | 1.92 | 2.17 | 3.17 | 3.91 | 2.41 | 2.63 |
| Inventory turnover | 7.29 | 6.98 | 5.59 | 5.39 | 7.20 | 6.39 | 6.51 |
| Debtors turnover | 7.38 | 8.06 | 8.72 | 9.84 | 10.46 | 7.31 | 7.90 |
| EPS (₹) | 0.79 | (5.83) | (2.35) | (3.84) | 16.14 | 3.02 | (3.68) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 2.00 | 0.00 | 0.00 |
| Book value per share (₹) | 26.68 | 26.23 | 31.69 | 33.97 | 39.90 | 23.52 | 20.18 |
Want more history and ratios?
You're viewing the latest exchange-filed financials for Maral Overseas Limited. The full report adds 10+ years of line-item history, 20+ ratios, peer benchmarks and a downloadable PDF.
Board of Directors of Maral Overseas Limited
Maral Overseas has 7 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravi Jhunjhunwala Also directs: RSWM Limited, Riju Advisory and Consulting LLP, RJ Family Consulting and Advisory LLP and 5 more | Director | 27 Nov 1996 | 29 Years 10 Months | Current |
| Shekhar Agarwal | Managing Director | 27 Jan 1989 | 37 Years 8 Months | Current |
| Shantanu Agarwal Also directs: BMD Private Limited, Sssa Commercial LLP, Bhilwara Technical Textiles Limited and 5 more | Managing Director | 22 Apr 2014 | 12 Years 6 Months | Current |
| Suman Jyoti Khaitan | Director | 04 Nov 2025 | 0 Years 11 Months | Current |
| Raman Singh Sidhu Also directs: India Pathfinders Strategic Advisors LLP, Antelopus Selan Energy Limited, Cremica Food Industries Limited and 3 more | Director | 01 Aug 2024 | 2 Years 2 Months | Current |
| Amitabh Gupta | Director | 01 Aug 2024 | 2 Years 2 Months | Current |
Showing 6 of 7 current directors. View all directors
Peer Comparison
Maral Overseas Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| SVG Fashions Private Limited | ₹1,120.25 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | 719- Somnath Road, Nani Daman, Dadra & Nagar Haveli, India |
| Paramount Products Private Limited | ₹1,111.68 Cr (FY 2025) | •••• | •••• | 31.0% | •••• | Delhi, India |
| DCM Nouvelle Limited Listed | ₹1,081.74 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | New Delhi, Delhi, India |
| Mohan Spintex India Limited | ₹1,073.86 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Vijayawada, Andhra Pradesh, India |
| Fa Home and Apparel Private Limited | ₹1,068.73 Cr (FY 2025) | •••• | •••• | 88.0% | •••• | Haryana, India |
| Sudarshan Jeans Private Limited | ₹1,057.62 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Kagal, Maharashtra, India |
| Sudiva Spinners Private Limited | ₹1,052.71 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Bhilwara, Rajasthan, India |
| Maral Overseas Limited this company | ₹980.87 Cr (FY 2026) | •••• | •••• | -6.3% | •••• | Khargone, Madhya Pradesh, India |
Peers are the companies nearest to Maral Overseas by revenue, above and below it, in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details
Maral Overseas Limited is audited by S.S. Kothari Mehta & Co for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S.S. Kothari Mehta & Co | Locked | Locked | Locked |
: available in the company report
Shareholding Pattern
Shareholding for the quarter ended Sep 2026: promoters hold 75.00%, foreign institutional investors hold 0.10%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 25.00%.
Sep 2026
QUARTER
75.00% Promoters
0.10% FII (Foreign Institutional)
25.00% Retail & Others
Promoter holding - history
Now 75.00% · Sep 2026High 75.00% · Dec 2025Low 75.00% · Dec 2025
Shareholding trend - last 6 quarters
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 75.00% | 75.00% | 75.00% | 75.00% |
| Public | 25.00% | 25.00% | 25.00% | 25.00% |
Charges & Borrowings
Open charges
₹592.77 Cr
Satisfied charges
₹928.69 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Jun 2026 | Others | ₹4.66 Cr | Open |
| 22 Jun 2026 | State Bank of India | ₹19.5 Cr | Open |
| 22 Jun 2026 | Canara Bank | ₹2.77 Cr | Open |
| 12 Jun 2026 | Others | ₹3.7 Cr | Open |
| 03 Jun 2026 | Others | ₹4.94 Cr | Open |
Total charge records: 126 View all charges
Legal Cases
Maral Overseas Limited has 8 court cases on record: 5 filed by Maral Overseas, 3 filed against it. All cases are disposed.
Total cases
8
Filed by the company
5
Filed against the company
3
Disposed
8
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 3 | 0 |
| NCLT | 2 | 0 | 0 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Chandigarh | Insolvency matter | Filed by the company against Orient Craft Limited | Disposed |
| NCLT, Chennai | Insolvency matter | Filed by the company against Sree Ambal Processors Pvt Ltd | Disposed |
| District court, West, Delhi | Civil suit | Filed against the company by Kailash Ribbon Factory Ltd. | Disposed |
| District court, Central, Delhi | Civil suit | Filed by the company against Karamchari Union Maral Overseas Ltd. | Disposed |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Criminal case | Filed against the company by State Government | Disposed |
: available in the company report
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME Payment Delays
Maral Overseas Limited has 6 MSME Form 1 returns on record between 2020 and 2022, listing 32 overdue payments to 25 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 25)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Vectrae Infotech Private Limited | •••• | •••• | •••• |
| Yadunandan Cotton Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Rishi Fibers Private Limited | •••• | •••• | •••• |
| Mahesh Ginning Private Limited | •••• | •••• | •••• |
: available in the company report
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance
Maral Overseas Limited has a workforce of 4,365 employees as of Apr 07, 2024.
Employee count
4,365
Active EPFO establishments
6
Employee growth
-9.93%
: available in the company report
Recent Activity
Maral Overseas Limited has 26 board changes on record since 1989: 17 appointments and 9 cessations. The latest: Archana Capoor ceased to be Director on 05 Nov 2025.
Charges
A charge with Others amounted to Rs. 4.66 Cr with Charge ID 101316124 was registered on 29 Jun 2026.
Charges
A charge with State Bank Of India amounted to Rs. 19.50 Cr with Charge ID 101312107 was registered on 22 Jun 2026.
Charges
A charge with Canara Bank amounted to Rs. 2.77 Cr with Charge ID 101317991 was registered on 22 Jun 2026.
Charges
A charge with Others amounted to Rs. 3.70 Cr with Charge ID 101320855 was registered on 12 Jun 2026.
Charges
A charge with Others amounted to Rs. 4.94 Cr with Charge ID 101312061 was registered on 03 Jun 2026.
Charges
A charge with Others amounted to Rs. 0.13 Cr with Charge ID 101303087 was registered on 25 May 2026.
Charges
A charge with Others amounted to Rs. 0.90 Cr with Charge ID 101260439 was registered on 25 Mar 2026.
Charges
A charge with Others amounted to Rs. 0.95 Cr with Charge ID 101249660 was registered on 17 Feb 2026.
Charges
A charge with State Bank Of India amounted to Rs. 3.71 Cr with Charge ID 101213682 was registered on 30 Dec 2025.
Ceased
Archana Capoor ceased to be Director.
Appointed
Suman Jyoti Khaitan was appointed as Director.
AGM
Maral Overseas Limited last Annual general meeting of members was held on 29 Aug 2025 as per latest MCA records.
325 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Maral Overseas has 7 GST registrations: 5 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
7
Active
5
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AACCM0230B1ZI | Madhya Pradesh | Active | 01 Jul 2017 |
| 09AACCM0230B1Z8 | Uttar Pradesh | Active | 01 Jul 2017 |
| 27AACCM0230B1ZA | Maharashtra | Active | 30 Jul 2017 |
| 33AACCM0230B1ZH | Tamil Nadu | Active | 17 Aug 2017 |
: available in the company report
MCA Filings & Documents
: available in the company report
Related news
Frequently Asked Questions
Maral Overseas is an active public limited company based in Khargone, Madhya Pradesh, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 27 January 1989 (37+ years old) and is registered under CIN L17124MP1989PLC008255. Listed on BSE: 521018 and NSE: MARALOVER.
Maral Overseas reported revenue of ₹980.87 Cr for FY 2025-26 (down 6.3% YoY) based on standalone financials.
Maral Overseas has 7 current directors:
- Shekhar Agarwal - Managing Director
- Shantanu Agarwal - Managing Director
- Ravi Jhunjhunwala - Director
- Suman Jyoti Khaitan - Director
- Raman Singh Sidhu - Director
- Amitabh Gupta - Director
- Romi Jatta - Director
The latest financial statements of Maral Overseas on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Maral Overseas is 23AACCM0230B1ZI, registered in Madhya Pradesh. The company has 7 GST registrations in all, of which 5 are active and 2 are cancelled or inactive. Other active GSTINs include 09AACCM0230B1Z8 (Uttar Pradesh), 27AACCM0230B1ZA (Maharashtra), 33AACCM0230B1ZH (Tamil Nadu).
The CIN (Corporate Identification Number) of Maral Overseas is L17124MP1989PLC008255. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Maral Overseas is listed on both BSE (code: 521018) and NSE (symbol: MARALOVER).
Maral Overseas has 8 court cases on record: 5 filed by the company and 3 filed against it. Most are in the district courts.
Maral Overseas was incorporated on 27 January 1989, making it 37+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Maral Overseas by revenue are SVG Fashions Private Limited, Paramount Products Private Limited, DCM Nouvelle Limited, Mohan Spintex India Limited, Fa Home and Apparel Private Limited and 2 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Archana Capoor ceased to be Director on 05 Nov 2025. Suman Jyoti Khaitan was appointed as Director on 04 Nov 2025. Kamal Gupta ceased to be Director on 25 Sep 2024. Maral Overseas has 26 board changes on record in total.
Maral Overseas has 6 MSME Form 1 returns on record between 2020 and 2022, listing 32 overdue payments to 25 micro and small suppliers. The latest return was filed on 29 Oct 2022.