About Marlex Appliances Private Limited
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Marlex Appliances Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 09 July 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U28997MH1991PTC062416. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹4.9 Lakh. It was formerly known as Kanchan Appliances Private Limited. It is led by directors Mishal Khimavat Dinesh and Usha Dinesh Khimavat.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2022, the company reported a revenue of ₹28,260, a growth of 43% compared to the previous year. For the same year it recorded a net loss of ₹8.9 Lakh and EBITDA of -₹8.96 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 33% over three years and 63% over five years.
As per MCA filings, the company has open charges of ₹11.72 Cr on record. Court records list 16 cases involving the company, including 4 filed by the company and 12 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kanchanappliances.com.
Company details
Contact details
Marlex Appliances Private Limited's registered office is in Mumbai, Maharashtra. Its website is kanchanappliances.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address2001 Kent Garden Tower 20th Floor Near M. K.High School Opp.Jambligali Bor, Ivali West, Mumbai, Maharashtra, India – 400092
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Marlex Appliances 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
Financials of Marlex Appliances Private Limited
FY 2022 filings availableMarlex Appliances Private Limited reported revenue of ₹28,260 (up 43% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 43% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 63%. 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹28,260 | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹8.96 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹8.9 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
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To see the full financial statements and ratios of Marlex Appliances Private Limited, buy the company report.
Board of directors of Marlex Appliances Private Limited
Marlex Appliances 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 |
|---|---|---|---|---|
| Mishal Khimavat Dinesh | Director | 30 Jul 2012 | 14 Years 3 Months | Current |
| Usha Dinesh Khimavat Also directs: Marlex Products Limited | Director | 30 Jul 2015 | 11 Years 3 Months | Current |
Auditor
Marlex Appliances Private Limited is audited by R. KAPADIA & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R. KAPADIA & ASSOCIATES | FY 2022 | 134010W |
Shareholding
The shareholding of Marlex Appliances Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Marlex Appliances Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Sep 2002 | 90376546 | Bank of India | ₹17 Lakh | Open | |
| 28 Jul 2001 | 90376502 | Bank of India | ₹3 Lakh | Open | |
| 20 Mar 1999 | 90376331 | Union Bank of India | ₹10 Lakh | Open | |
| 17 Mar 1999 | 90376328 | The Saraswat Co- Op. Bank Ltd. | ₹2 Lakh | Open | |
| 16 Mar 1999 | 90376326 | The Saraswat Co- Op. Bank Ltd. | ₹3 Lakh | Open |
To see the full charge records of Marlex Appliances Private Limited, buy the company report.
Total charge records: 13 View all charges
Legal cases
Marlex Appliances Private Limited has 16 court cases on record: 4 filed by Marlex Appliances, 12 filed against it. 2 cases are pending and 14 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 5 | 0 |
| High courts | 7 | 7 | 2 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, West, Delhi | Execution petition | Filed against the company by Om Logistics Ltd | Disposed |
| District court, West, Delhi | Civil suit | Filed against the company by Om Logistics Ltd | Disposed |
| High Court, MAHARASHTRA | Court case (EXA) | Filed against the company by Riddhi Siddhi Enterprises | Pending |
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed against the company by Riddhi Siddhi Enterprises | Pending |
| Bombay High Court | Arbitration matter | Filed against the company by Riddhi Siddhi Enterprises | Disposed |
To see the full case history of Marlex Appliances 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 Marlex Appliances Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Marlex Appliances has 1 associated company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
GST
Marlex Appliances 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 Marlex Appliances Private Limited, buy the company report.
Recent activity
Marlex Appliances Private Limited has 7 board changes on record since 2011: 2 appointments and 5 cessations. The latest: Suken Kumar Naresh Rathod ceased to be Director on 30 Jul 2015.
15 earlier events are in the company report.
Frequently asked questions
Marlex Appliances is an active private limited company based in Mumbai, Maharashtra, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 09 July 1991 (35+ years old) and is registered under CIN U28997MH1991PTC062416.
Marlex Appliances has 2 current directors:
- Mishal Khimavat Dinesh - Director
- Usha Dinesh Khimavat - Director
The latest financial statements of Marlex Appliances on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
No. Marlex Appliances has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Marlex Appliances is U28997MH1991PTC062416. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Marlex Appliances has 16 court cases on record: 4 filed by the company and 12 filed against it. 2 are pending. Most are in the district courts.
Marlex Appliances was incorporated on 09 July 1991, making it 35+ years old. It is registered with the Registrar of Companies, Mumbai.
Suken Kumar Naresh Rathod ceased to be Director on 30 Jul 2015. Usha Dinesh Khimavat was appointed as Director on 30 Jul 2015. Mishal Khimavat Dinesh ceased to be Additional Director on 29 Sep 2012. Marlex Appliances has 7 board changes on record in total.
Marlex Appliances can be reached through the website kanchanappliances.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Marlex Appliances is at 2001 Kent Garden Tower 20th Floor Near M. K.High School Opp.Jambligali Bor, Ivali West, Mumbai, Maharashtra, India – 400092.
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