Marathon India Limited
About Marathon India Limited
Data last updated:
Marathon India Limited is a public limited company based in Jaipur, Rajasthan, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 29 November 1984 and has been in existence for over 42 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U74110RJ1984PLC003150. Its GSTIN is 08AABCM1858J2Z9 (Rajasthan). The company holds 6 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹2.98 Cr. It is led by directors including Asha Dube and Anita Jat.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at D – 248 Bihari Marg Bani Park, Jaipur, Rajasthan, India.
As per the financials filed for FY 2024, the company reported a revenue of ₹9.09 Cr, a decline of 52% compared to the previous year. For the same year it recorded a net profit of ₹30.82 Lakh (net margin 3.4%) and EBITDA of ₹81.09 Lakh (EBITDA margin 8.9%). Revenue has declined at a compounded annual rate (CAGR) of 13% over three years and 12% over five years.
The company has about 13 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹10.68 Cr on record. Court records list 11 cases involving the company, including 3 filed by the company and 8 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Marathon India has one previous CIN (Corporate Identification Number): U31402RJ1984PLC003150. The current CIN is U74110RJ1984PLC003150, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74110RJ1984PLC003150 | Current |
| U31402RJ1984PLC003150 | Previous |
Contact details
Marathon India Limited's registered office is in Jaipur, Rajasthan. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressD – 248 Bihari Marg Bani Park, Jaipur, Rajasthan, India
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Marathon India 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 Marathon India is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Marathon India Limited, buy the company report.
Financials of Marathon India Limited
FY 2024 filings availableMarathon India Limited reported revenue of ₹9.09 Cr (down 52% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 12% over five years, including a 52% fall in the latest year. EBITDA fell 84% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹81.09 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹30.82 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.9% | ||||
| Net Profit Margin | 3.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Marathon India Limited, buy the company report.
Board of directors of Marathon India Limited
Marathon India has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Asha Dube | Director | 29 Nov 1984 | 41 Years 11 Months | Current |
| Andy Edward Kharkongor | Additional Director | 20 Mar 2024 | 2 Years 7 Months | Current |
| Anita Jat | Director | 04 Apr 2024 | 2 Years 7 Months | Current |
| Himanshu Dube | Director | 01 Aug 2011 | 15 Years 3 Months | Current |
Auditor
Marathon India Limited is audited by ARORA AGGARWAL & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ARORA AGGARWAL & ASSOCIATES | FY 2023 | 000475N |
Shareholding
The shareholding of Marathon India Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Marathon India Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Mar 2017 | 100096621 | Others | ₹2 Cr | Satisfied | |
| 20 Dec 2016 | 100069411 | Others | ₹4.18 Cr | Satisfied | |
| 27 Jan 2016 | 10622078 | Punjab National Bank | ₹3 Cr | Satisfied | |
| 28 Aug 2014 | 10517493 | Religare Finvest Limited | ₹1.5 Cr | Satisfied |
To see the full charge records of Marathon India Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Marathon India Limited has 11 court cases on record: 3 filed by Marathon India, 8 filed against it. 1 case is pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 4 | 1 |
| District courts | 3 | 3 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Criminal case | Filed against the company by United Hotels Ltd | Disposed |
| District court, South, Delhi | Criminal case | Filed against the company by United Hotels Ltd | Disposed |
| High Court | Tax appeal | Filed by the company against Principal Commissioner of Income Tax-I | Pending |
| District court, Jaipur Metro II, Rajasthan | Criminal case | Filed against the company by an individual | Disposed |
| High Court | Court case (CRES) | Filed against the company by Commissioner of Customs Jodhour and 1 other | Disposed |
To see the full case history of Marathon India Limited, buy 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
No delayed payments to MSME suppliers are on our record for Marathon India Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Marathon India Limited has a workforce of 13 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Marathon India has 6 GST registrations: 2 active and 4 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AABCM1858J2Z9 | Rajasthan | Active | 23 Jun 2020 |
| 17AABCM1858J1ZB | Meghalaya | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Marathon India Limited, buy the company report.
Recent activity
Marathon India Limited has 9 board changes on record since 1984: 4 appointments and 5 cessations. The latest: Anita Jat was appointed as Director on 04 Apr 2024.
9 earlier events are in the company report.
Frequently asked questions
Marathon India is an active public limited company based in Jaipur, Rajasthan, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 29 November 1984 (42+ years old) and is registered under CIN U74110RJ1984PLC003150.
Marathon India has 4 current directors:
- Asha Dube - Director
- Andy Edward Kharkongor - Additional Director
- Anita Jat - Director
- Himanshu Dube - Director
The latest financial statements of Marathon India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Marathon India is 08AABCM1858J2Z9, registered in Rajasthan. The company has 6 GST registrations in all, of which 2 are active and 4 are cancelled or inactive. Other active GSTINs include 17AABCM1858J1ZB (Meghalaya).
The CIN (Corporate Identification Number) of Marathon India is U74110RJ1984PLC003150. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Marathon India has 11 court cases on record: 3 filed by the company and 8 filed against it. 1 is pending. Most are in the high courts.
Marathon India was incorporated on 29 November 1984, making it 42+ years old. It is registered with the Registrar of Companies, Jaipur.
Anita Jat was appointed as Director on 04 Apr 2024. Andy Edward Kharkongor was appointed as Additional Director on 20 Mar 2024. Hansel Honsen Shabong ceased to be Director on 05 Feb 2024. Marathon India has 9 board changes on record in total.
The registered office of Marathon India is at D – 248 Bihari Marg Bani Park, Jaipur, Rajasthan, India.
Marathon India operates in the energy and power industry, in the power equipment manufacturers segment.
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