MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-MH-33-0025236
Marlex Products Limited
Marlex Products Limited - consumer electronics & durables in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2022
₹5.93 Cr
▲ 122% YoY
Net loss · FY 2022
₹10,000
Net margin 0%
EBITDA · FY 2022
₹56.91 Lakh
EBITDA margin 9.6%
Authorised capital
₹3.5 Cr
Registered with MCA
Paid-up capital
₹1.75 Cr
Issued & subscribed
Open charges
₹4.79 Cr
Secured borrowings
Company age
46 yrs
Est. 1980
Employees · EPFO
1
Provident fund records
About Marlex Products Limited
Data last updated:
Marlex Products Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 31 July 1980 and has been in existence for over 46 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29300MH1980PLC022929. Its GSTIN is 27AAACM0709R1Z7 (Maharashtra).
The company has an authorised share capital of ₹3.5 Cr and a paid-up capital of ₹1.75 Cr. It was formerly known as Marlex Products Private Limited. It is led by directors including Mishal Khimavat Dinesh and Saloni Dinesh Khimavat.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2022, the company reported a revenue of ₹5.93 Cr, a growth of 122% compared to the previous year. For the same year it recorded a net loss of ₹10,000 (net margin 0%) and EBITDA of ₹56.91 Lakh (EBITDA margin 9.6%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 12% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹4.79 Cr on record. Court records list 15 cases involving the company, including 2 filed by the company and 13 filed against it; 12 cases are pending.
Marlex Products Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0025236). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U29300MH1980PLC022929
Registration Number 022929
Incorporation Date 31 July 1980
ROC Mumbai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-33-0025236
CIN history
Marlex Products has one previous CIN (Corporate Identification Number): U29300MH1980PTC022929. The current CIN is U29300MH1980PLC022929, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29300MH1980PLC022929 | Current |
| U29300MH1980PTC022929 | Previous |
Key People
Mishal Khimavat Dinesh Director Saloni Dinesh Khimavat Director Usha Dinesh Khimavat Director Recognitions & Rankings of Marlex Products
Contact details
Marlex Products Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address2001 Kent Garden Tower 20th Floor Near M. K.High School Opp.Jambligali Bor, Ivali West, Mumbai, Maharashtra, India – 400092
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Marlex Products Limited, buy the company report.
Comprehensive company report
Marlex Products 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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Business activity
The main business activity of Marlex Products is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Marlex Products Limited, buy the company report.
Financials of Marlex Products Limited
FY 2025 filings availableMarlex Products Limited reported revenue of ₹5.93 Cr (up 122% YoY) for FY 2022.
Revenue · FY 2022
₹5.93 Cr ▲ 122%
Net loss · FY 2022
₹10,000 margin 0%
EBITDA · FY 2022
₹56.91 Lakh margin 9.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 122%
3 years · compounded
▼ 2%
5 years · compounded
▲ 12%
EBITDA CAGR growth
1 year
▲ 99%
3 years · compounded
▲ 18%
5 years · compounded
▲ 49%
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 122% growth in the latest year. EBITDA rose 99% 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 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 | ₹5.93 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹56.91 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹10,000 | ||||
| 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.6% | ||||
| Net Profit Margin | 0% | ||||
| 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 Marlex Products Limited, buy the company report.
Board of directors of Marlex Products Limited
Marlex Products has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mishal Khimavat Dinesh | Director | 30 Mar 2010 | 16 Years 7 Months | Current |
| Saloni Dinesh Khimavat | Director | 31 Aug 2015 | 11 Years 2 Months | Current |
| Usha Dinesh Khimavat Also directs: Marlex Appliances Private Limited | Director | 31 Aug 2015 | 11 Years 2 Months | Current |
Auditor
Marlex Products 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 Products 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 Products Limited, buy the company report.
Charges & borrowings
Open charges
₹4.79 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Jul 2018 | 100191645 | Canara Bank | ₹4.79 Cr | Open |
To see the full charge records of Marlex Products Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Marlex Products Limited has 15 court cases on record: 2 filed by Marlex Products, 13 filed against it. 12 cases are pending and 3 are disposed.
Total cases
15
Filed by the company
2
Filed against the company
13
Pending
12
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 11 | 10 |
| High courts | 4 | 2 | 2 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (SW CASES W) | Filed against the company by Icorets Pvt Ltd Through Mr Ravi Kukreja | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Cases SS) | Filed against the company by Yes Bank Ltd Through Ms Priya Bhange | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by M/S Bright Home Appliances Through Its Partner Babulal Champalal Solanki | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by M/S Bright Home Appliances Through Its Partner Babulal Champalal Solanki | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed against the company by M/S. HV International Trade Limited Through Ms. Rhea Maria Menezes | Pending |
To see the full case history of Marlex Products 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 Products Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Marlex Products Limited has a workforce of 1 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
1
Active EPFO establishments
1
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 1 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 |
To see the full employee and EPFO history of Marlex Products Limited, buy the company report.
GST
Marlex Products has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACM0709R1Z7 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Marlex Products Limited, buy the company report.
Recent activity
Marlex Products Limited has 12 board changes on record since 2006: 3 appointments and 9 cessations. The latest: Kanchan Champalal Khimavat ceased to be Additional Director on 30 Sep 2019.
AGM
Marlex Products Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Marlex Products Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Charges
A charge with Canara Bank of Rs. 4.79 Cr registered on 16 Jul 2018 with Charge ID 100191645 was modified on 21 Jul 2023.
Ceased
Kanchan Champalal Khimavat ceased to be Additional Director.
Charges
A charge with Canara Bank amounted to Rs. 4.79 Cr with Charge ID 100191645 was registered on 16 Jul 2018.
Ceased
Pratibha Dasgupta ceased to be Director.
Appointed
Saloni Dinesh Khimavat was appointed as Director.
Appointed
Usha Dinesh Khimavat was appointed as Director.
Ceased
Mishal Khimavat Dinesh ceased to be Additional Director.
Appointed
Mishal Khimavat Dinesh was appointed as Director.
Ceased
Suken Kumar Naresh Rathod ceased to be Additional Director.
Ceased
Usha Dinesh Khimavat ceased to be Additional Director.
5 earlier events are in the company report.
Frequently asked questions
Marlex Products is an active public limited company based in Mumbai, Maharashtra, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 31 July 1980 (46+ years old) and is registered under CIN U29300MH1980PLC022929.
Marlex Products has 3 current directors:
- Mishal Khimavat Dinesh - Director
- Saloni Dinesh Khimavat - Director
- Usha Dinesh Khimavat - Director
The latest financial statements of Marlex Products 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 Marlex Products is 27AAACM0709R1Z7, registered in Maharashtra.
The CIN (Corporate Identification Number) of Marlex Products is U29300MH1980PLC022929. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Marlex Products has 15 court cases on record: 2 filed by the company and 13 filed against it. 12 are pending. Most are in the district courts.
Marlex Products was incorporated on 31 July 1980, making it 46+ years old. It is registered with the Registrar of Companies, Mumbai.
Kanchan Champalal Khimavat ceased to be Additional Director on 30 Sep 2019. Pratibha Dasgupta ceased to be Director on 31 Aug 2015. Saloni Dinesh Khimavat was appointed as Director on 31 Aug 2015. Marlex Products has 12 board changes on record in total.
Yes, Marlex Products is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-33-0025236).
The registered office of Marlex Products 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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