About Maridi Eco Industries Private Limited
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Maridi Eco Industries Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the waste management and recycling solutions segment of the environmental services sector. It was incorporated on 16 October 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U99999TG2000PTC071138. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹94.05 Lakh. It is led by directors Bharath Reddy Ronda and Kanjula Madan Mohana Reddy.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at 1A/4 8 – 2 – 618/2/2 R. K. Residency Road No. 11 Banjara Hills, Hyderabad, Telangana, India – 500033.
As per the financials filed for FY 2018, the company reported a revenue of ₹9.65 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net loss of ₹1.02 Cr (net margin -10.6%) and EBITDA of -₹75.78 Lakh (EBITDA margin -7.9%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years.
The company has about 72 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Maridi Eco Industries. As per MCA filings, the company has open charges of ₹50 Cr and satisfied charges of ₹1.64 Cr on record. Court records list 5 cases involving the company, including 5 filed against it; 1 case is pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website maridibmw.com.
Company details
CIN history
Maridi Eco Industries has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U99999TG2000PTC071138, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U99999TG2000PTC071138 | Current |
| U99999AP2000PTC071138 | Previous |
| U99999MH2000PTC129168 | Previous |
Contact details
Maridi Eco Industries Private Limited's registered office is in Hyderabad, Telangana. Its website is maridibmw.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address1A/4 8 – 2 – 618/2/2 R. K. Residency Road No. 11 Banjara Hills, Hyderabad, Telangana, India – 500033
- IndustryEnvironment, Waste Management & Recycling Solutions
To see the full contact details of Maridi Eco Industries 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
Brands
Maridi Eco Industries operates one associated brand: Maridi Eco Industries. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Specializes in medical waste disposal services. | maridibmw.com |
Business activity
The main business activity of Maridi Eco Industries is water supply, sewerage and waste management. In detail, this covers waste collection, treatment and disposal activities, materials recovery and other waste management services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| E | Water supply, sewerage and waste management | E3 | Waste collection, treatment and disposal activities, materials recovery and Other waste management services |
To see the full business activity and turnover split of Maridi Eco Industries Private Limited, buy the company report.
Financials of Maridi Eco Industries Private Limited
FY 2018 filings availableMaridi Eco Industries Private Limited reported revenue of ₹9.65 Cr (up 7% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 11% over three years, including 7% growth in the latest year. EBITDA fell 182% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹9.65 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹75.78 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹1.02 Cr | |||
| 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -7.9% | |||
| Net Profit Margin | -10.6% | |||
| 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 Maridi Eco Industries Private Limited, buy the company report.
Board of directors of Maridi Eco Industries Private Limited
Maridi Eco Industries has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bharath Reddy Ronda Also directs: Maverick Infra Projects Private Limited | Director | 27 Nov 2017 | 8 Years 11 Months | Current |
| Kanjula Madan Mohana Reddy | Director | 27 Nov 2017 | 8 Years 11 Months | Current |
Peer comparison
Maridi Eco Industries Private Limited is compared with the 3 companies closest to it by revenue in the Cleantech industry (Recycling and Waste Treatment), with the same principal business activity (waste collection, treatment and disposal activities, materials recovery and other waste management services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Yaal. Global E-Waste Recycling Private Limited | ₹9.78 Cr (FY 2024) | -16.0% | Modinagar, Uttar Pradesh, India | |||
| Uttar Dilli C&D Waste Recycling Private Limited | ₹9.7 Cr (FY 2025) | -39.0% | New Delhi, Delhi, India | |||
| Maridi Eco Industries Private Limitedthis company | ₹9.65 Cr (FY 2018) | -₹1.02 Cr | -10.6% | 7.0% | 72 | Hyderabad, Telangana, India |
| Pondicherry Solid Waste Management Company Private Limited | ₹9.48 Cr (FY 2024) | 39.0% | Puducherry, India |
To see the full peer comparison of Maridi Eco Industries Private Limited, buy the company report.
Auditor
Maridi Eco Industries Private Limited is audited by A B V & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A B V & ASSOCIATES | FY 2018 | 004937S |
Shareholding
The shareholding of Maridi Eco Industries Private Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Maridi Eco Industries Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Mar 2011 | 10282581 | State Bank of India | ₹50 Cr | Open | |
| 22 Oct 2003 | 90357683 | State Bank of India | ₹60 Lakh | Satisfied | |
| 04 Jun 2002 | 90357645 | Centurion Bank Ltd. | ₹3.8 Lakh | Satisfied | |
| 22 Mar 2002 | 90357637 | Bank of Baroda | ₹1 Cr | Satisfied |
To see the full charge records of Maridi Eco Industries Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Maridi Eco Industries Private Limited has 5 court cases on record: 5 filed against it. 1 case is pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 1 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Kancheepuram, Tamil Nadu | Civil suit | Filed against the company by individuals | Pending |
| High Court, TAMIL NADU | Revision petition | Filed against the company by individuals | Disposed |
| District court, BENGALURU, Karnataka | Motor accident claim | Filed against the company by an individual | Disposed |
| District court, BENGALURU, Karnataka | Motor accident claim | Filed against the company by individuals | Disposed |
| District court, BENGALURU, Karnataka | Motor accident claim | Filed against the company by an individual | Disposed |
To see the full case history of Maridi Eco Industries 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Maridi Eco Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Maridi Eco Industries Private Limited has a workforce of 72 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
GST
Maridi Eco Industries has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Maridi Eco Industries Private Limited, buy the company report.
Recent activity
Maridi Eco Industries Private Limited has 7 board changes on record since 2014: 2 appointments and 5 cessations. The latest: Sindhu Jannareddy ceased to be Director on 25 Dec 2019.
6 earlier events are in the company report.
Frequently asked questions
Maridi Eco Industries is an active private limited company based in Hyderabad, Telangana, India. The company works in waste management and recycling solutions, within the environment industry. It was incorporated on 16 October 2000 (26+ years old) and is registered under CIN U99999TG2000PTC071138.
Maridi Eco Industries has 2 current directors:
- Bharath Reddy Ronda - Director
- Kanjula Madan Mohana Reddy - Director
The latest financial statements of Maridi Eco Industries on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
No. Maridi Eco Industries has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Maridi Eco Industries is U99999TG2000PTC071138. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maridi Eco Industries has 5 court cases on record: 5 filed against it. 1 is pending. Most are in the district courts.
Maridi Eco Industries was incorporated on 16 October 2000, making it 26+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Maridi Eco Industries by revenue are Yaal. Global E-Waste Recycling Private Limited, Uttar Dilli C&D Waste Recycling Private Limited, Pondicherry Solid Waste Management Company Private Limited, all in the Cleantech industry (Recycling and Waste Treatment), with the same principal business activity (waste collection, treatment and disposal activities, materials recovery and other waste management services).
Sindhu Jannareddy ceased to be Director on 25 Dec 2019. Alla Peri Reddy ceased to be Managing Director on 28 Nov 2017. Rama Devi Alla ceased to be Whole-Time Director on 28 Nov 2017. Maridi Eco Industries has 7 board changes on record in total.
Maridi Eco Industries can be reached through the website maridibmw.com. Its registered office is in Hyderabad, Telangana, India.
The registered office of Maridi Eco Industries is at 1A4 8 – 2 – 61822 R. K. Residency Road No. 11 Banjara Hills, Hyderabad, Telangana, India – 500033.
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