MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-11-0001821
Marian Projects Private Limited - real estate and construction in Mangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹29.17 Cr
▲ 14% YoY
Net loss · FY 2025
₹13.5 Lakh
Net margin -0.5%
EBITDA · FY 2025
₹4.6 Cr
EBITDA margin 15.8%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1.92 Cr
Issued & subscribed
Open charges
₹42.6 Cr
Satisfied ₹125.92 Cr
Company age
15 yrs
Est. 2011
Employees · EPFO
34
Provident fund records
About Marian Projects Private Limited
Data last updated:
Marian Projects Private Limited is a private limited company based in Mangalore, Karnataka, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 21 March 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45200KA2011PTC057746. Its GSTIN is 29AAHCM2729A1ZN (Karnataka).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.92 Cr. It is led by directors including Varadarajulu Anandkumar and Hazel Cardoza Nametha.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 13 – 12 – 1394/57(7) 3rd Floor Rambhavan Complex Kodialbhavan, Mangalore, Karnataka, India – 575003.
As per the financials filed for FY 2025, the company reported a revenue of ₹29.17 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net loss of ₹13.5 Lakh (net margin -0.5%) and EBITDA of ₹4.6 Cr (EBITDA margin 15.8%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 5% over five years.
The company has about 34 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Marian Projects. As per MCA filings, the company has open charges of ₹42.6 Cr and satisfied charges of ₹125.92 Cr on record. Court records list 25 cases involving the company, including 15 filed by the company and 10 filed against it; 7 cases are pending.
Marian Projects Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-11-0001821). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website marian.in.
Company details
CIN U45200KA2011PTC057746
Registration Number 057746
Incorporation Date 21 March 2011
ROC Bangalore
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-11-0001821
Key People
Varadarajulu Anandkumar Director Hazel Cardoza Nametha Director Suman Sandhya Dsouza Director Recognitions & Rankings of Marian Projects
Contact details
Marian Projects Private Limited's registered office is in Mangalore, Karnataka. Its website is marian.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address13 – 12 – 1394/57(7) 3rd Floor Rambhavan Complex Kodialbhavan, Mangalore, Karnataka, India – 575003
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Marian Projects Private Limited, buy the company report.
Comprehensive company report
Marian Projects Private 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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Brands
Marian Projects operates one associated brand: Marian Projects. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Real estate development focusing on residential apartments and plots in Mangalore. | marian.in |
Business activity
The main business activity of Marian Projects 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 Marian Projects Private Limited, buy the company report.
Financials of Marian Projects Private Limited
FY 2025 filings availableMarian Projects Private Limited reported revenue of ₹29.17 Cr (up 14% YoY) for FY 2025.
Revenue · FY 2025
₹29.17 Cr ▲ 14%
Net loss · FY 2025
₹13.5 Lakh margin -0.5%
EBITDA · FY 2025
₹4.6 Cr margin 15.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 14%
3 years · compounded
▲ 11%
5 years · compounded
▲ 5%
EBITDA CAGR growth
1 year
▲ 15%
3 years · compounded
▼ 8%
5 years · compounded
▼ 8%
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 14% growth in the latest year. EBITDA rose 15% 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 |
|---|---|---|---|---|---|
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| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹4.6 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹13.5 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.8% | ||||
| Net Profit Margin | -0.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Marian Projects Private Limited, buy the company report.
Board of directors of Marian Projects Private Limited
Marian Projects has 5 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Varadarajulu Anandkumar Also directs: Ecochemie Private Limited, Kurita Aquachemie India Private Limited, Grun Developers Private Limited and 2 more | Director | 31 Dec 2014 | 11 Years 10 Months | Current |
| Hazel Cardoza Nametha | Director | 21 Mar 2011 | 15 Years 7 Months | Current |
| Suman Sandhya Dsouza Also directs: Marian Engineering & Construction LLP | Director | 21 Mar 2011 | 15 Years 7 Months | Current |
| Naveen Cardoza | Director | 21 Mar 2011 | 15 Years 7 Months | Current |
| Ujwal Dsouza Also directs: Marian Engineering & Construction LLP | Director | 21 Mar 2011 | 15 Years 7 Months | Current |
Peer comparison
Marian Projects Private Limited is compared with the 7 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ashapura Housing Private Limited | ₹29.26 Cr (FY 2023) | -19.0% | Mumbai, Maharashtra, India | |||
| Milore Infraprojects Private Limited | ₹29.24 Cr (FY 2025) | -55.0% | Surat, Gujarat, India | |||
| Solstrom Energy Solutions Private Limited | ₹29.2 Cr (FY 2025) | 128.0% | Sriperumbudur, Tamil Nadu, India | |||
| Stalagmite Infracon Private Limited | ₹29.18 Cr (FY 2017) | 45.0% | Dr Mukherjee Nagar, Delhi, India | |||
| Marian Projects Private Limitedthis company | ₹29.17 Cr (FY 2025) | -₹13.5 Lakh | -0.5% | 14.0% | 34 | Mangalore, Karnataka, India |
| Eta Star Techcity Private Limited | ₹29.13 Cr (FY 2024) | -22.0% | Chennai, Tamil Nadu, India | |||
| Kesineni Developers Private Limited | ₹29.1 Cr (FY 2024) | Hyderabad, Telangana, India | ||||
| Saluja Construction Company Limited | ₹29.08 Cr (FY 2025) | 1248.0% | New Delhi, Delhi, India |
To see the full peer comparison of Marian Projects Private Limited, buy the company report.
Auditor
Marian Projects Private Limited is audited by NCS & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NCS & CO. | FY 2023 | 016951S |
Shareholding
The shareholding of Marian Projects Private 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 Marian Projects Private Limited, buy the company report.
Charges & borrowings
Open charges
₹42.6 Cr
Satisfied charges
₹125.92 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Sep 2023 | 100802756 | Others | ₹40 Cr | Open | |
| 30 Jun 2016 | 100037764 | Axis Bank Limited | ₹2.6 Cr | Open | |
| 19 Sep 2018 | 100212775 | Others | ₹60 Cr | Satisfied | |
| 28 Mar 2018 | 100168139 | Syndicate Bank | ₹2 Cr | Satisfied | |
| 26 Oct 2017 | 100135416 | Others | ₹20 Cr | Satisfied |
To see the full charge records of Marian Projects Private Limited, buy the company report.
Total charge records: 12 View all charges
Legal cases
Marian Projects Private Limited has 25 court cases on record: 15 filed by Marian Projects, 10 filed against it. 7 cases are pending and 18 are disposed.
Total cases
25
Filed by the company
15
Filed against the company
10
Pending
7
Disposed
18
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 19 | 9 | 7 |
| High courts | 6 | 1 | 0 |
Cases on record (5 of 25)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, DAKSHINA KANNADA, Karnataka | Motor accident claim | Filed by the company against M/S. Andhra Oxygen Pvt., Ltd., Represented by Its Deputy Manager and 1 other | Disposed |
| District court, DAKSHINA KANNADA, Karnataka | Civil suit | Filed against the company by an individual | Pending |
| District court, DAKSHINA KANNADA, Karnataka | Civil suit | Filed against the company | Pending |
| District court, DAKSHINA KANNADA, Karnataka | Civil suit | Filed against the company | Pending |
| District court, DAKSHINA KANNADA, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
To see the full case history of Marian Projects Private 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.
Credit ratings & regulatory alerts
Marian Projects Private Limited was last rated by Icra on 28 Dec 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 28 Dec 2021 |
To see the full credit ratings and regulatory alerts of Marian Projects Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Marian Projects Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Marian Projects Private Limited has a workforce of 34 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
34
Active EPFO establishments
1
Employee growth
17.2%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 34 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Marian Projects Private Limited, buy the company report.
GST
Marian Projects has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCM2729A1ZN | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Marian Projects Private Limited, buy the company report.
Recent activity
Marian Projects Private Limited has 5 board changes on record since 2011: 5 appointments. The latest: Varadarajulu Anandkumar was appointed as Director on 31 Dec 2014.
AGM
Marian Projects Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Marian Projects Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Axis Bank Limited of Rs. 2.60 Cr registered on 30 Jun 2016 with Charge ID 100037764 was modified on 15 Nov 2024.
Charges
A charge registered on 19 Sep 2018 via Charge ID 100212775 with Others was fully satisfied on 26 Sep 2023.
Charges
A charge with Others amounted to Rs. 40.00 Cr with Charge ID 100802756 was registered on 22 Sep 2023.
Charges
A charge registered on 26 Oct 2017 via Charge ID 100135416 with Others was fully satisfied on 21 Dec 2021.
Charges
A charge registered on 28 Mar 2018 via Charge ID 100168139 with Syndicate Bank was fully satisfied on 11 Dec 2020.
Charges
A charge registered on 16 Feb 2017 via Charge ID 100078355 with Others was fully satisfied on 05 Oct 2019.
Charges
A charge registered on 12 Aug 2016 via Charge ID 100045032 with Others was fully satisfied on 09 Aug 2019.
Charges
A charge registered on 24 Sep 2015 via Charge ID 10598995 with Union Bank Of India was fully satisfied on 25 Sep 2018.
Charges
A charge with Others amounted to Rs. 60.00 Cr with Charge ID 100212775 was registered on 19 Sep 2018.
Charges
A charge registered on 24 Sep 2015 via Charge ID 10599259 with Corporation Bank was fully satisfied on 15 Sep 2018.
19 earlier events are in the company report.
Frequently asked questions
Marian Projects is an active private limited company based in Mangalore, Karnataka, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 21 March 2011 (15+ years old) and is registered under CIN U45200KA2011PTC057746.
Marian Projects has 5 current directors:
- Varadarajulu Anandkumar - Director
- Hazel Cardoza Nametha - Director
- Suman Sandhya Dsouza - Director
- Naveen Cardoza - Director
- Ujwal Dsouza - Director
The latest financial statements of Marian Projects on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Marian Projects is 29AAHCM2729A1ZN, registered in Karnataka.
The CIN (Corporate Identification Number) of Marian Projects is U45200KA2011PTC057746. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Marian Projects has 25 court cases on record: 15 filed by the company and 10 filed against it. 7 are pending. Most are in the district courts.
Marian Projects was incorporated on 21 March 2011, making it 15+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Marian Projects by revenue are Ashapura Housing Private Limited, Milore Infraprojects Private Limited, Solstrom Energy Solutions Private Limited, Stalagmite Infracon Private Limited, Eta Star Techcity Private Limited and 2 more, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Varadarajulu Anandkumar was appointed as Director on 31 Dec 2014. Hazel Cardoza Nametha was appointed as Director on 21 Mar 2011. Naveen Cardoza was appointed as Director on 21 Mar 2011. Marian Projects has 5 board changes on record in total.
Yes, Marian Projects is registered as a small enterprise under Udyam registration (number: UDYAM-KR-11-0001821).
Marian Projects can be reached through the website marian.in. Its registered office is in Mangalore, Karnataka, India.
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