MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0053079
Marini India Private Limited - infrastructure and utilities in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹91.43 Cr
▲ 45% YoY
Net profit · FY 2025
₹15.4 Cr
Net margin 16.8%
EBITDA · FY 2025
₹20.93 Cr
EBITDA margin 22.9%
Authorised capital
₹55 Cr
Registered with MCA
Paid-up capital
₹44.53 Cr
Issued & subscribed
Open charges
₹17 Cr
Satisfied ₹17 Cr
Company age
16 yrs
Est. 2010
Employees · EPFO
85
Provident fund records
About Marini India Private Limited
Data last updated:
Marini India Private Limited is a foreign private limited company based in Ahmedabad, Gujarat, India, a subsidiary of Marini Spa, Italy. It operates in the power infrastructure and energy projects segment of the infrastructure and utilities sector. It was incorporated on 31 May 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74999GJ2010FTC108191. Its GSTIN is 24AAGCM6488F1Z8 (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹55 Cr and a paid-up capital of ₹44.53 Cr. It is led by directors including Abhijit Som (Managing Director) and Sanjeev Kumar.
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 Av/39 – 40 – 41 GIDC Sanand – II Industrial Estate Bol, Ahmedabad, Gujarat, India – 382110.
As per the financials filed for FY 2025, the company reported a revenue of ₹91.43 Cr, a growth of 45% compared to the previous year. For the same year it recorded a net profit of ₹15.4 Cr (net margin 16.8%) and EBITDA of ₹20.93 Cr (EBITDA margin 22.9%). Revenue has declined at a compounded annual rate (CAGR) of 9% over three years and 1% over five years.
The company has about 85 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Marini India. As per MCA filings, the company has open charges of ₹17 Cr and satisfied charges of ₹17 Cr on record. Court records list 5 cases involving the company, including 3 filed by the company and 2 filed against it. The company has 2 deals on record (1 rights issue, 1 acquisition); the latest was in April 2015. The company has 12 MSME Form 1 returns on record between 2019 and 2024, listing 368 overdue payments to 40 micro and small suppliers.
Marini India Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0053079). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mariniindia.fayat.com.
Company details
CIN U74999GJ2010FTC108191
Registration Number 108191
Incorporation Date 31 May 2010
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Marini Spa, Italy
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-01-0053079
CIN history
Marini India has one previous CIN (Corporate Identification Number): U74999DL2010FTC203362. The current CIN is U74999GJ2010FTC108191, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74999GJ2010FTC108191 | Current |
| U74999DL2010FTC203362 | Previous |
Recognitions & Rankings of Marini India
Contact details
Marini India Private Limited's registered office is in Ahmedabad, Gujarat. Its website is mariniindia.fayat.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressAv/39 – 40 – 41 GIDC Sanand – II Industrial Estate Bol, Ahmedabad, Gujarat, India – 382110
- IndustryInfrastructure and Utilities, Power Infrastructure & Energy Projects
To see the full contact details of Marini India Private Limited, buy the company report.
Comprehensive company report
Marini India 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
Marini India operates one associated brand: Marini India. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Asphalt plant manufacturing and equipment services in the construction sector. | mariniindia.com |
Business activity
The main business activity of Marini India is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Marini India Private Limited, buy the company report.
Financials of Marini India Private Limited
FY 2025 filings availableMarini India Private Limited reported revenue of ₹91.43 Cr (up 45% YoY) for FY 2025.
Revenue · FY 2025
₹91.43 Cr ▲ 45%
Net profit · FY 2025
₹15.4 Cr margin 16.8%
EBITDA · FY 2025
₹20.93 Cr margin 22.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 45%
3 years · compounded
▲ 9%
5 years · compounded
▼ 1%
EBITDA CAGR growth
1 year
▲ 222%
3 years · compounded
▲ 66%
5 years · compounded
▲ 28%
Revenue rose 45% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 1%. EBITDA rose 222% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹20.93 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹15.4 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
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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 | 22.9% | ||||
| Net Profit Margin | 16.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity 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 Marini India Private Limited, buy the company report.
Board of directors of Marini India Private Limited
Marini India has 3 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 |
|---|---|---|---|---|
| Sanjeev Kumar Also directs: Borlaug Agrosmart India Private Limited | Director | 07 Dec 2022 | 3 Years 10 Months | Current |
| Luca Camprini | Director | 03 Mar 2023 | 3 Years 8 Months | Current |
| Abhijit Som Also directs: Fred India Private Limited, Dulevo India Private Limited | Managing Director | 25 May 2021 | 5 Years 5 Months | Current |
Auditor
Marini India Private Limited is audited by Price Waterhouse Chartered Accountants Llp for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Price Waterhouse Chartered Accountants Llp | FY 2023 | 012754N/N500016 |
Shareholding
The shareholding of Marini India 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 Marini India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹17 Cr
Satisfied charges
₹17 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Jun 2018 | 100190900 | Axis Bank Limited | ₹17 Cr | Satisfied |
To see the full charge records of Marini India Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Marini India Private Limited has 2 deals on record (1 rights issue, 1 acquisition); the latest was in April 2015.
Total deals
2
Rights issue
1
Acquisition
1
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2015 | Rights issue | ₹18.75 Cr | Investors: Marini S.P.A. |
| Aug 2013 | Acquisition | ₹25.68 Cr | Buyer: Marini S.P.A. |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Marini India Private Limited has 5 court cases on record: 3 filed by Marini India, 2 filed against it. All cases are disposed.
Total cases
5
Filed by the company
3
Filed against the company
2
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 0 |
| High courts | 1 | 0 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against Sudhir Construction Infra Space Pvt Ltd and 6 others | Disposed |
| NCLT, Mumbai | Insolvency matter | Filed by the company against Sudhir Constructions Infraspace Private Limited | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed against the company by Chhajed Steel and Alloys Privated Limited Through Mukesh Mafatlal Mehta | Disposed |
| High Court, GUJARAT | Special civil application | Filed by the company against State of Gujarat and 3 others | Disposed |
| District court, Ahmedabad, Gujarat | Court case (RECO33C 2 LC) | Filed against the company by an individual | Disposed |
To see the full case history of Marini India 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
Marini India Private Limited has 12 MSME Form 1 returns on record between 2019 and 2024, listing 368 overdue payments to 40 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 40)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Virkrupa Engineers | |||
| an individual supplier | |||
| Trimurti Industries | |||
| an individual supplier | |||
| Pravin Timber Works |
To see the full MSME payment records of Marini India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Marini India Private Limited has a workforce of 85 employees on its EPFO records as of Aug 30, 2024, across 2 active EPFO establishments.
Employee count
85
Active EPFO establishments
2
Employee growth
-16.67%
GST
Marini India has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCM6488F1Z8 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Marini India Private Limited, buy the company report.
Recent activity
Marini India Private Limited has 13 board changes on record since 2012: 3 appointments and 10 cessations. The latest: Luca Camprini ceased to be Additional Director on 28 Sep 2023.
AGM
Marini India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Marini India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge registered on 22 Jun 2018 via Charge ID 100190900 with Axis Bank Limited was fully satisfied on 26 Sep 2024.
Ceased
Luca Camprini ceased to be Additional Director.
Appointed
Luca Camprini was appointed as Director.
Appointed
Sanjeev Kumar was appointed as Director.
Ceased
Nitin Lunawat ceased to be Additional Director.
Charges
A charge with Axis Bank Limited of Rs. 17.00 Cr registered on 22 Jun 2018 with Charge ID 100190900 was modified on 22 Aug 2022.
Ceased
Abhijit Som ceased to be Director.
Ceased
Matteo Tigretti ceased to be Additional Director.
Appointed
Abhijit Som was appointed as Managing Director.
Ceased
Joachim Rudolf Blatt ceased to be Director.
7 earlier events are in the company report.
Frequently asked questions
Marini India is an active foreign private limited company based in Ahmedabad, Gujarat, India. The company works in power infrastructure and energy projects, within the infrastructure and utilities industry. It was incorporated on 31 May 2010 (16+ years old) and is registered under CIN U74999GJ2010FTC108191.
Marini India has 3 current directors:
- Abhijit Som - Managing Director
- Sanjeev Kumar - Director
- Luca Camprini - Director
The latest financial statements of Marini India 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 Marini India is 24AAGCM6488F1Z8, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Marini India is U74999GJ2010FTC108191. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Marini India has 5 court cases on record: 3 filed by the company and 2 filed against it. Most are in the district courts.
Marini India was incorporated on 31 May 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Marini India has 2 deals on record (1 rights issue, 1 acquisition); the latest was in April 2015.
Luca Camprini ceased to be Additional Director on 28 Sep 2023. Luca Camprini was appointed as Director on 03 Mar 2023. Sanjeev Kumar was appointed as Director on 07 Dec 2022. Marini India has 13 board changes on record in total.
Yes, Marini India is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0053079).
Marini India has 12 MSME Form 1 returns on record between 2019 and 2024, listing 368 overdue payments to 40 micro and small suppliers. The latest return was filed on 30 Apr 2024.
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