About Marri Retail Private Limited
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Marri Retail Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 17 July 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U52190TG2008PLC060194. Its GSTIN is 36AACCJ0514B1ZB (Telangana). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹50 Cr and a paid-up capital of ₹27.3 Cr. It was formerly known as J.C. Brothers Retail Private Limited. It is led by directors Marri Venkat Reddy (Whole-Time Director) and Venkata Krishna Pakalapati.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Unit No. 901 – 904 9th Floor Tower 1, Vasavi Shalom Skycity Survey No. 17 Hyderabad, Telangana, India – 500032.
As per the financials filed for FY 2024, the company reported a revenue of ₹2,221.74 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹115.54 Cr (net margin 5.2%) and EBITDA of ₹213.11 Cr (EBITDA margin 9.6%). Revenue has grown at a compounded annual rate (CAGR) of 71% over three years and 36% over five years.
The company has about 4,644 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: The Chennai Shopping Mall. As per MCA filings, the company has open charges of ₹520.75 Cr and satisfied charges of ₹315.45 Cr on record. Court records list 10 cases involving the company, including 6 filed by the company and 4 filed against it; 4 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 marriretail.com.
Company details
CIN history
Marri Retail has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U52190TG2008PLC060194, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U52190TG2008PLC060194 | Current |
| U52190AP2008PTC060194 | Previous |
| U52190TG2008PTC060194 | Previous |
Contact details
Marri Retail Private Limited's registered office is in Hyderabad, Telangana.
- Registered AddressUnit No. 901 – 904 9th Floor Tower 1, Vasavi Shalom Skycity Survey No. 17 Hyderabad, Telangana, India – 500032
- IndustryHome & Lifestyle, Textile Retail & Distribution
- 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
Marri Retail operates one associated brand: The Chennai Shopping Mall. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online retail of Indian fashion and traditional wear in India. | thechennaishoppingmall.com |
Business activity
The main business activity of Marri Retail is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Marri Retail Private Limited, buy the company report.
Financials of Marri Retail Private Limited
FY 2024 filings availableMarri Retail Private Limited reported revenue of ₹2,221.74 Cr (up 15% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 36% over five years, including 15% growth in the latest year. EBITDA rose 20% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹213.11 Cr | ||||
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| Net Profit (PAT) | ₹115.54 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.6% | ||||
| Net Profit Margin | 5.2% | ||||
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To see the full financial statements and ratios of Marri Retail Private Limited, buy the company report.
Board of directors of Marri Retail Private Limited
Marri Retail has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venkata Krishna Pakalapati | Director | 28 Aug 2021 | 5 Years 2 Months | Current |
| Marri Venkat Reddy | Whole-Time Director | 17 Jul 2008 | 18 Years 3 Months | Current |
Peer comparison
Marri Retail Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Products industry (Jewellery and Gems Retail and Distribution, Textile Retail and Distribution), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Manoj Vaibhav Gems 'N' Jewellers Limited | ₹2,397.44 Cr (FY 2025) | 11.0% | Visakhapatnam, Andhra Pradesh, India | |||
| Aarav Jewellers Private Limited | ₹2,264.49 Cr (FY 2025) | 57.0% | Ahmedabad, Gujarat, India | |||
| Marri Retail Private Limitedthis company | ₹2,221.74 Cr (FY 2024) | ₹115.54 Cr | 5.2% | 15.0% | Hyderabad, Telangana, India | |
| Patel Jewellers Private Limited | ₹2,154.21 Cr (FY 2025) | 42.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Marri Retail Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Sep 2019 | 100296540 | Hdfc Bank Limited | ₹520.75 Cr | Open | |
| 27 Sep 2023 | 100814612 | Hdfc Bank Limited | ₹32.2 Lakh | Satisfied | |
| 29 Apr 2023 | 100743321 | Hdfc Bank Limited | ₹31.4 Lakh | Satisfied | |
| 21 Mar 2023 | 100720168 | Hdfc Bank Limited | ₹25.8 Lakh | Satisfied | |
| 27 Oct 2022 | 100674370 | Hdfc Bank Limited | ₹1.64 Cr | Satisfied |
To see the full charge records of Marri Retail Private Limited, buy the company report.
Total charge records: 31 View all charges
Legal cases
Marri Retail Private Limited has 10 court cases on record: 6 filed by Marri Retail, 4 filed against it. 4 cases are pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 3 | 2 |
| High courts | 4 | 1 | 2 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hyderabad Central, Telangana | Civil suit | Filed by the company against individuals | Pending |
| District court, Hyderabad CCC, Telangana | Court case (COS) | Filed against the company | Pending |
| High Court, TELANGANA | Writ petition | Filed by the company against Telangana State Waqf Board and 4 Others and 4 others | Pending |
| High Court, TELANGANA | Writ petition | Filed by the company against The State of Telangana and 2 others | Pending |
| High Court, TELANGANA | Court case (TRCMP) | Filed against the company by individuals | Disposed |
To see the full case history of Marri Retail 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
Marri Retail Private Limited was last rated by Crisil on 24 Mar 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 24 Mar 2020 |
To see the full credit ratings and regulatory alerts of Marri Retail Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Marri Retail Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Marri Retail has 4 GST registrations: 2 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AACCJ0514B1ZB | Telangana | Active | 01 Jul 2017 |
| 37AACCJ0514B2Z8 | Andhra Pradesh | Active | 16 Aug 2017 |
To see the full GST registrations and return filing status of Marri Retail Private Limited, buy the company report.
Recent activity
Marri Retail Private Limited has 7 board changes on record since 2008: 2 appointments and 5 cessations. The latest: Venkata Krishna Pakalapati was appointed as Director on 28 Aug 2021.
68 earlier events are in the company report.
Frequently asked questions
Marri Retail is an active private limited company based in Hyderabad, Telangana, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 17 July 2008 (18+ years old) and is registered under CIN U52190TG2008PLC060194.
Marri Retail has 2 current directors:
- Marri Venkat Reddy - Whole-Time Director
- Venkata Krishna Pakalapati - Director
The latest financial statements of Marri Retail on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Marri Retail is 36AACCJ0514B1ZB, registered in Telangana. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 37AACCJ0514B2Z8 (Andhra Pradesh).
The CIN (Corporate Identification Number) of Marri Retail is U52190TG2008PLC060194. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Marri Retail has 10 court cases on record: 6 filed by the company and 4 filed against it. 4 are pending. Most are in the district courts.
Marri Retail was incorporated on 17 July 2008, making it 18+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Marri Retail by revenue are Manoj Vaibhav Gems 'N' Jewellers Limited, Aarav Jewellers Private Limited, Patel Jewellers Private Limited, all in the Consumer Products industry (Jewellery and Gems Retail and Distribution, Textile Retail and Distribution), with the same principal business activity (retail trading).
Venkata Krishna Pakalapati was appointed as Director on 28 Aug 2021. Sashidhar Reddy Marri ceased to be Whole-Time Director on 02 Aug 2021. Marri Jamuna Rani ceased to be Whole-Time Director on 19 Jul 2021. Marri Retail has 7 board changes on record in total.
Marri Retail can be reached through the website marriretail.com. Its registered office is in Hyderabad, Telangana, India.
The registered office of Marri Retail is at Unit No. 901 – 904 9th Floor Tower 1, Vasavi Shalom Skycity Survey No. 17 Hyderabad, Telangana, India – 500032.
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