
Marudhar Embroapparels Private Limited
About Marudhar Embroapparels Private Limited
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Marudhar Embroapparels Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the fashion retail segment of the fashion and textiles sector. It was incorporated on 17 May 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U18101GJ2002PTC040747.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹8 Lakh. It is led by directors including Narendrakumar Champalal Mehta and Shardul Dhanendra Shah.
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 Ahmedabad, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.28 Lakh, a growth of 12% compared to the previous year. For the same year it recorded a net loss of ₹2.48 Lakh (net margin -34%) and EBITDA of -₹1.71 Lakh (EBITDA margin -23.5%). Revenue has declined at a compounded annual rate (CAGR) of 38% over three years and 3% over five years.
As per MCA filings, the company has satisfied charges of ₹54.5 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Marudhar Embroapparels Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address is in the company report.
- Email
- Registered Address5 Shayona Golden Estate Maheshwari Mill Compound Opp.Swaminarayan Mandir Dudheshwar Road, Shahibaug, Ahmedabad, Gujarat, India – 380004
- IndustryFashion and Textile, Fashion Retail
To see the full contact details of Marudhar Embroapparels 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 Marudhar Embroapparels Private Limited
FY 2025 filings availableMarudhar Embroapparels Private Limited reported revenue of ₹7.28 Lakh (up 12% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 12% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 3%. EBITDA rose 42% 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 | -₹1.71 Lakh | ||||
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| Net Profit (PAT) | -₹2.48 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | -23.5% | ||||
| Net Profit Margin | -34% | ||||
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To see the full financial statements and ratios of Marudhar Embroapparels Private Limited, buy the company report.
Board of directors of Marudhar Embroapparels Private Limited
Marudhar Embroapparels has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Narendrakumar Champalal Mehta | Director | 17 May 2002 | 24 Years 5 Months | Current |
| Shardul Dhanendra Shah Also directs: Mercury Embroideries Private Limited | Director | 17 May 2002 | 24 Years 5 Months | Current |
| Hitesh Bhogibhai Sheth Also directs: Mercury Embroideries Private Limited | Director | 17 May 2002 | 24 Years 5 Months | Current |
Peer comparison
Marudhar Embroapparels Private Limited is compared with the 10 companies closest to it by revenue in the Apparel industry (Apparel Retail and Distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sahanbhuti Vinimay Limited | ₹7.43 Lakh (FY 2023) | -22.0% | Kolkata, West Bengal, India | |||
| Sega Exim Private Limited | ₹7.38 Lakh (FY 2017) | -94.0% | Malerkotla, Punjab, India | |||
| Lemontree Fashions Private Limited | ₹7.37 Lakh (FY 2025) | 87.0% | Kolkata, West Bengal, India | |||
| Terataya Ventures Private Limited | ₹7.35 Lakh (FY 2023) | Chennai, Tamil Nadu, India | ||||
| Tushti Trading Private Limited | ₹7.29 Lakh (FY 2025) | 0.0% | Indore, Madhya Pradesh, India | |||
| Marudhar Embroapparels Private Limitedthis company | ₹7.28 Lakh (FY 2024) | -₹2.48 Lakh | -34% | 12.0% | Ahmedabad, Gujarat, India | |
| Ornate Exports (Mumbai) Private Limited | ₹7.28 Lakh (FY 2025) | 109.0% | Mumbai, Maharashtra, India | |||
| Meenakshi Couture Private Limited | ₹7.21 Lakh (FY 2024) | 63.0% | New Delhi, Delhi, India | |||
| Asha Estate Pvt Ltd | ₹7.18 Lakh (FY 2025) | 4.0% | Kolkata, West Bengal, India | |||
| Gfa Exim Private Limited | ₹7.1 Lakh (FY 2023) | Delhi, India | ||||
| R.A.Y. Export Private Limited | ₹7.06 Lakh (FY 2020) | -61.0% | New Delhi, Delhi, India |
To see the full peer comparison of Marudhar Embroapparels Private Limited, buy the company report.
Auditor
Marudhar Embroapparels Private Limited is audited by PRANAV U SHAH & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRANAV U SHAH & CO. | FY 2017 | 130500 |
Shareholding
The shareholding of Marudhar Embroapparels Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Marudhar Embroapparels Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Apr 2009 | 10157817 | The Union Co. Op. Bank Ltd | ₹25 Lakh | Satisfied | |
| 01 Feb 2006 | 80036312 | The Union Co-Operative Bank Limited | ₹29.5 Lakh | Satisfied |
To see the full charge records of Marudhar Embroapparels Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Marudhar Embroapparels Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Marudhar Embroapparels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Marudhar Embroapparels Private Limited has 1 active EPFO establishment as of Apr 08, 2024.
GST
No GST registration is on our record for Marudhar Embroapparels Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Marudhar Embroapparels Private Limited has 3 board changes on record since 2002: 3 appointments. The latest: Hitesh Bhogibhai Sheth was appointed as Director on 17 May 2002.
Frequently asked questions
Marudhar Embroapparels is an active private limited company based in Ahmedabad, Gujarat, India. The company works in fashion retail, within the fashion and textile industry. It was incorporated on 17 May 2002 (24+ years old) and is registered under CIN U18101GJ2002PTC040747.
Marudhar Embroapparels has 3 current directors:
- Narendrakumar Champalal Mehta - Director
- Shardul Dhanendra Shah - Director
- Hitesh Bhogibhai Sheth - Director
The latest financial statements of Marudhar Embroapparels 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 CIN (Corporate Identification Number) of Marudhar Embroapparels is U18101GJ2002PTC040747. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Marudhar Embroapparels was incorporated on 17 May 2002, making it 24+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Marudhar Embroapparels by revenue are Sahanbhuti Vinimay Limited, Sega Exim Private Limited, Lemontree Fashions Private Limited, Terataya Ventures Private Limited, Tushti Trading Private Limited and 5 more, all in the Apparel industry (Apparel Retail and Distribution).
Hitesh Bhogibhai Sheth was appointed as Director on 17 May 2002. Narendrakumar Champalal Mehta was appointed as Director on 17 May 2002. Shardul Dhanendra Shah was appointed as Director on 17 May 2002.
The registered office of Marudhar Embroapparels is at 5 Shayona Golden Estate Maheshwari Mill Compound Opp.Swaminarayan Mandir Dudheshwar Road, Shahibaug, Ahmedabad, Gujarat, India – 380004.
Marudhar Embroapparels operates in the fashion and textile industry, in the fashion retail segment.
Marudhar Embroapparels has no open charges and satisfied charges of ₹54.5 Lakh as per latest MCA filings.
The compliance status of Marudhar Embroapparels is compliant as of 08 August 2026. The company is actively filing with the Registrar of Companies.

