- Category
- Small (2022-23)
- Udyam number
- UDYAM-RJ-08-0001834

Marudhar Ceramics Private Limited
About Marudhar Ceramics Private Limited
Data last updated:
Marudhar Ceramics Private Limited is a private limited company based in Bikaner, Rajasthan, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 08 December 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U26993RJ2004PTC019986. Its GSTIN is 08AAECM1278P1ZX (Rajasthan).
The company has an authorised share capital of ₹65 Lakh and a paid-up capital of ₹57.22 Lakh. It is led by directors Om Prakash Karnani and Ankit Karnani.
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 F – 255 To 257 I.G.C. Khara, Bikaner, Rajasthan, India – 334601.
As per the financials filed for FY 2025, the company reported a revenue of ₹32.4 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹85.17 Lakh (net margin 2.6%) and EBITDA of ₹1.92 Cr (EBITDA margin 5.9%). Revenue has grown at a compounded annual rate (CAGR) of 62% over three years and 20% over five years.
The company has about 17 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹7.22 Cr and satisfied charges of ₹11.84 Cr on record. Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it; 1 case is pending.
Marudhar Ceramics Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-RJ-08-0001834). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Marudhar Ceramics
Contact details
Marudhar Ceramics Private Limited's registered office is in Bikaner, Rajasthan. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressF – 255 To 257 I.G.C. Khara, Bikaner, Rajasthan, India – 334601
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Marudhar Ceramics 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
Business activity
The main business activity of Marudhar Ceramics 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 Marudhar Ceramics Private Limited, buy the company report.
Financials of Marudhar Ceramics Private Limited
FY 2025 filings availableMarudhar Ceramics Private Limited reported revenue of ₹32.4 Cr (up 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 20% over five years, including 3% growth in the latest year. EBITDA fell 2% 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 |
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| EBITDA | ₹1.92 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹85.17 Lakh | ||||
| Balance Sheet | |||||
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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 | 5.9% | ||||
| Net Profit Margin | 2.6% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Marudhar Ceramics Private Limited, buy the company report.
Board of directors of Marudhar Ceramics Private Limited
Marudhar Ceramics has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Om Prakash Karnani Also directs: Marudhar Calcium Private Limited | Director | 08 Dec 2004 | 21 Years 10 Months | Current |
| Ankit Karnani Also directs: Cypress Devcon LLP | Director | 02 Mar 2023 | 3 Years 7 Months | Current |
Peer comparison
Marudhar Ceramics Private Limited is compared with the 8 companies closest to it by revenue in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dynamic Panels and Controls Private Limited | ₹32.62 Cr (FY 2025) | 26.0% | Chennai, Tamil Nadu, India | |||
| Lotus Powergear Private Limited | ₹32.57 Cr (FY 2025) | -48.0% | Bangalore, Karnataka, India | |||
| Tbea (India) Transformer Private Limited | ₹32.45 Cr (FY 2025) | -5.0% | Karjan, Gujarat, India | |||
| Marudhar Ceramics Private Limitedthis company | ₹32.4 Cr (FY 2025) | ₹85.17 Lakh | 2.6% | 3.0% | 17 | Bikaner, Rajasthan, India |
| Ifore Green Power Private Limited | ₹32.38 Cr (FY 2025) | 7.0% | Coimbatore, Tamil Nadu, India | |||
| Instasine Power Technologies Private Limited | ₹32.33 Cr (FY 2025) | 19.0% | Thane, Maharashtra, India | |||
| Gayatri Private Limited | ₹32.3 Cr (FY 2024) | -1.0% | Ahmedabad, Gujarat, India | |||
| CTR Exports Private Limited | ₹32.29 Cr (FY 2025) | 44.0% | Aurangabad, Maharashtra, India | |||
| Century Transformers Private Limited | ₹32.23 Cr (FY 2025) | 32.0% | Howrah, West Bengal, India |
To see the full peer comparison of Marudhar Ceramics Private Limited, buy the company report.
Auditor
Marudhar Ceramics Private Limited is audited by V. DAMANI & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V. DAMANI & CO. | FY 2023 | 004453C |
Shareholding
The shareholding of Marudhar Ceramics 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 Marudhar Ceramics Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Mar 2025 | 101090830 | Hdfc Bank Limited | ₹49.9 Lakh | Open | |
| 10 May 2024 | 100937956 | Hdfc Bank Limited | ₹6.5 Cr | Open | |
| 26 Aug 2016 | 100080683 | Others | ₹11 Lakh | Open | |
| 21 Sep 2015 | 10597214 | Punjab National Bank | ₹11 Lakh | Open | |
| 31 Mar 2023 | 100701464 | Others | ₹45 Lakh | Satisfied |
To see the full charge records of Marudhar Ceramics Private Limited, buy the company report.
Total charge records: 10 View all charges
Legal cases
Marudhar Ceramics Private Limited has 4 court cases on record: 3 filed by Marudhar Ceramics, 1 filed against it. 1 case is pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 1 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Gauhati High Court | Writ petition | Filed by the company against Rural Electrification Corporation Limited and 2 others | Pending |
| High Court, ANDHRAPRADESH | Writ petition | Filed against the company by Deccan Electricals Pvt Ltd | Disposed |
| High Court | Interim or miscellaneous application | Filed by the company against State of Raj and Ors | Disposed |
| High Court | Writ petition | Filed by the company against State of Raj and Ors | Disposed |
To see the full case history of Marudhar Ceramics 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
Marudhar Ceramics Private Limited has 1 MSME Form 1 return on record for the period ending Jan 2019, listing 31 overdue payments to 15 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 15)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Mamta Steel Industries | |||
| an individual supplier | |||
| Anirudh Ceramics and Industries Private Limited | |||
| J B Steel Industries | |||
| an individual supplier |
To see the full MSME payment records of Marudhar Ceramics Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Marudhar Ceramics Private Limited has a workforce of 17 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
GST
Marudhar Ceramics has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAECM1278P1ZX | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Marudhar Ceramics Private Limited, buy the company report.
Recent activity
Marudhar Ceramics Private Limited has 5 board changes on record since 2004: 2 appointments and 3 cessations. The latest: Harshit Raj Karnani ceased to be Director on 30 Mar 2024.
16 earlier events are in the company report.
Frequently asked questions
Marudhar Ceramics is an active private limited company based in Bikaner, Rajasthan, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 08 December 2004 (22+ years old) and is registered under CIN U26993RJ2004PTC019986.
Marudhar Ceramics has 2 current directors:
- Om Prakash Karnani - Director
- Ankit Karnani - Director
The latest financial statements of Marudhar Ceramics 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 Marudhar Ceramics is 08AAECM1278P1ZX, registered in Rajasthan.
The CIN (Corporate Identification Number) of Marudhar Ceramics is U26993RJ2004PTC019986. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Marudhar Ceramics has 4 court cases on record: 3 filed by the company and 1 filed against it. 1 is pending.
Marudhar Ceramics was incorporated on 08 December 2004, making it 22+ years old. It is registered with the Registrar of Companies, Jaipur.
The peers of Marudhar Ceramics by revenue are Dynamic Panels and Controls Private Limited, Lotus Powergear Private Limited, Tbea (India) Transformer Private Limited, Ifore Green Power Private Limited, Instasine Power Technologies Private Limited and 3 more, all in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Harshit Raj Karnani ceased to be Director on 30 Mar 2024. Ankit Karnani ceased to be Additional Director on 29 Sep 2023. Ankit Karnani was appointed as Director on 02 Mar 2023. Marudhar Ceramics has 5 board changes on record in total.
Yes, Marudhar Ceramics is registered as a small enterprise under Udyam registration (number: UDYAM-RJ-08-0001834).
Marudhar Ceramics has 1 MSME Form 1 return on record for the period ending Jan 2019, listing 31 overdue payments to 15 micro and small suppliers. The latest return was filed on 08 Jun 2019.
The registered office of Marudhar Ceramics is at F – 255 To 257 I.G.C. Khara, Bikaner, Rajasthan, India – 334601.

