Marathon Electric Motors (India) Limited - Company Profile

It is a machinery and equipment public limited company based in Kolkata, West Bengal, India, established in 2004.
2004 Kolkata, West Bengal, India Active
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About Marathon Electric Motors (India) Limited

Marathon Electric Motors (India) Limited, a active public limited company, was established on 06 April 2004 in Kolkata, West Bengal, India. Engaging in industrial machinery manufacturing within the manufacturing sector, it holds CIN: U29120WB2004PLC098278. Registered under ROC Roc Kolkata I. it is unlisted. It has an authorized capital of ₹20.00 Cr and a paid-up capital of ₹3.99 Cr.

Formerly known as Alstom Industrial Products Limited. It upholds a compliant status. Employing 331 professional, Its leadership includes Dinesh Aggarwal (Whole-Time Director), Jean Carlo Butske (Director), Mitul Bharatkumar Zaveri (Director). Past directors included David Alan Barta, Paul Jay Jones, Scott Douglas Brown. It holds ₹51.00 Cr open charges and ₹10.00 Cr settled loans. Its latest AGM occurred on 29 September 2025, with the balance sheet filed on 31 March 2025. It is based at 1, Taratala Road, Kolkata, West Bengal, 700024.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U29120WB2004PLC098278

  • Registration Number

    098278

  • Incorporation Date

    06 April 2004

  • Authorized Capital

    ₹20.00 Cr

  • Paid-Up Capital

    ₹3.99 Cr

  • ROC Code

    Roc Kolkata I

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 3.99 Cr
  • Company Age 21 Year, 11 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 51.00 Cr
  • Satisfied Charges ₹ 10.00 Cr
  • Revenue Growth **** 16.74%
  • Profit Growth **** 8.18%
  • Ebitda **** 244.01%
  • Net Worth 16.70%
  • Total Assets **** 13.49%
Company report

Marathon Electric Motors (India) Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Marathon Electric Motors (India) Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Marathon Electric Motors (India) Limited?
Current Directors
Name Designation Appointment Date Status
Dinesh Aggarwal Whole-Time Director 18 Dec 2023 Current
Jean Carlo Butske Director 30 Apr 2024 Current
Mitul Bharatkumar Zaveri Director 29 Mar 2022 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 14 May 2010 Past
Pramod Abcsdd Director 23 Jul 2010 Past
Pramod Abcsdd Director 28 Jun 2019 Past
Pramod Abcsdd Director 02 Nov 2007 Past
Pramod Abcsdd Additional Director 21 Mar 2017 Past
Pramod Abcsdd Additional Director 30 Sep 2015 Past

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Financial Performance of Marathon Electric Motors (India).

Marathon Electric Motors (India) Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 16.74% increase. The company also saw a slight improvement in profitability, with a 8.18% increase in profit. The company's net worth Soared by an impressive increase of 16.7%.

Marathon Electric Motors (India) revenue growth over time
Marathon Electric Motors (India) profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 16.74%
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Revenue from Operations
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 16.39%
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*******
Total Assets
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 13.49%
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Profit or Loss
*******
 8.18%
*******
*******
*******
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Net Worth
*******
 16.70%
*******
*******
*******
*******
EBITDA
*******
 244.01%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Marathon Electric Motors (India)?

In 2023, Marathon Electric Motors (India) had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹510,000,000.00

Satisfied Charges

₹100,000,000.00

Charges Breakdown by Lending Institutions
  • Idbi Bank Limited : 38.00 Cr
  • Hdfc Bank Limited : 13.00 Cr
Latest Charge Details
Date Lender Amount Status
21 Sep 2022 Hdfc Bank Limited ₹13.00 Cr Open
15 Dec 2006 Idbi Bank Limited ₹38.00 Cr Open
20 Mar 2007 Punjab National Bank ₹10.00 Cr Satisfied

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How Many Employees Work at Marathon Electric Motors (India)?

Marathon Electric Motors (India) has a workforce of 331 employees as of Oct 07, 2025. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Marathon Electric Motors (India), offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Marathon Electric Motors (India)'s trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Marathon Electric Motors (India)
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Marathon Electric Motors (India) Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records. was documented.

  • Balance Sheet

    Marathon Electric Motors (India) Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Kolkata I. was recorded as a recent event.

  • Director Appointment

    Jean Carlo Butske was appointed as a Director was appointed as a Director on 30 Apr 2024 & has been associated with this company since 1 year 10 months . was recorded as a recent event.

  • Director Appointment

    Dinesh Aggarwal was appointed as a Whole-time director was appointed as a Whole-time director on 18 Dec 2023 & has been associated with this company since 2 years 2 months . was recorded as a recent event.

  • Charges

    Progress on A charge registered on 20 Mar 2007 via Charge ID 10047328 with Punjab National Bank was fully satisfied on 16 Nov 2022. was documented.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 13.00 Cr with Charge ID 100628783 was registered on 21 Sep 2022. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Marathon Electric Motors (India) Limited?

The CIN of Marathon Electric Motors (India) Limited is U29120WB2004PLC098278.

Where is Marathon Electric Motors (India) Limited headquartered?

Marathon Electric Motors (India) Limited is headquartered at 1, Taratala Road, Kolkata, West Bengal, 700024.

When was Marathon Electric Motors (India) Limited incorporated?

Marathon Electric Motors (India) Limited was incorporated on 06 April 2004.

Who are the current directors of Marathon Electric Motors (India) Limited?

The current directors of Marathon Electric Motors (India) Limited are

What is the primary industry of Marathon Electric Motors (India) Limited?

The primary industry of Marathon Electric Motors (India) Limited is Manufacturing.

Is Marathon Electric Motors (India) Limited a listed company?

Marathon Electric Motors (India) Limited is unlisted.

What is the capital structure of Marathon Electric Motors (India) Limited?

The authorized capital of Marathon Electric Motors (India) Limited is ₹20.00 Cr, and the paid-up capital is ₹3.99 Cr.

What is the compliance status of Marathon Electric Motors (India) Limited?

The compliance status of Marathon Electric Motors (India) Limited is Compliant.

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