Marudhar Industries Limited Company Logo

Marudhar Industries Limited - Company Profile

It is a packaging public limited company based in Ahmedabad, Gujarat, India, established in 1983.

1983 | Ahmedabad, Gujarat, India | Active
Last Updated:

About Marudhar Industries Limited

Marudhar Industries Limited, a active public limited company, was established on 18 May 1983 in Ahmedabad, Gujarat, India. Engaging in packaging films & foils within the manufacturing sector, it holds CIN: L91110GJ1983PLC022203. Registered under ROC Roc Ahmedabad. it is listed. It has an authorized capital of ₹15.00 Cr and a paid-up capital of ₹10.23 Cr.

Formerly known as Kartic Traders & Exporters Limited. It upholds a compliant status. In 2023, it reported revenue of ₹319.52 Cr and a net worth of ₹58.49 Cr. Employing 348 professional, Its leadership includes Bhavesh Santoshkumar Jain (Whole-Time Director), Subhashchandra Kanhaiyalal Mandavat (Director), Pawan Kumar Murarka (Director). Past directors included Sudha Anchlia, Nimisha Naresh Jain, Jivansingh Gangasingh Negi. It holds ₹172.17 Cr open charges and ₹98.62 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 611 G I D C Phase Iv Vatvaindl Estate Vatva, Ahmedabad, Gujarat, 382445.

Company Details

  • CIN/LLPIN

    L91110GJ1983PLC022203

  • Registration Number

    022203

  • Incorporation Date

    18 May 1983

  • Authorized Capital

    ₹15.00 Cr

  • Paid-Up Capital

    ₹10.23 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Listed

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 10.23 Cr
  • Company Age 42 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 172.17 Cr
  • Satisfied Charges ₹ 98.62 Cr
  • Revenue Growth -4.50%
  • Profit Growth -4.15%
  • Ebitda -6.89%
  • Net Worth 6.44%
  • Total Assets 13.43%
Company report

Marudhar Industries Limited

Company Report FY 2025-2026

Explore comprehensive insights into Marudhar Industries Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Marudhar Industries Limited?

Current Directors

NameDesignationAppointment DateStatus
Bhavesh Santoshkumar JainWhole-Time Director15 May 2010Current
Subhashchandra Kanhaiyalal MandavatDirector05 Jan 2023Current
Pawan Kumar MurarkaDirector05 Jan 2023Current
Poojan BhandariDirector21 Feb 2022Current
Naresh Jain SantoshkumarManaging Director01 Aug 2001Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddAdditional Director07 Sep 2017Past
Pramod AbcsddDirector15 Jun 2017Past
Pramod AbcsddDirector26 Dec 2018Past
Pramod AbcsddAdditional Director01 Jul 2010Past
Pramod AbcsddAdditional Director29 Mar 2023Past
Pramod AbcsddCompany Secretary-Past

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Financial Performance of Marudhar Industries.

Marudhar Industries Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 4.5% decrease. The company also saw a slight decrease in profitability, with a 4.15% decrease in profit. The company's net worth moved up by a moderate rise of 6.44%.

Marudhar Industries revenue growth over time
Marudhar Industries profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-4.50%
Revenue from Operations
-4.76%
Total Assets
13.43%
Profit or Loss
-4.15%
Net Worth
6.44%
EBITDA
-6.89%

What is the Ownership and Shareholding Structure of Marudhar Industries?

In 2023, Marudhar Industries had a promoter holding of 98.79% and a public holding of 1.21%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹1,721,700,000.00

Satisfied Charges

₹986,202,000.00

Charges Breakdown by Lending Institutions

  • Others : 102.71 Cr
  • Hdfc Bank Limited : 69.46 Cr

Latest Charge Details

DateLenderAmountStatus
25 Aug 2025Others₹14.90 CrOpen
23 Dec 2020Others₹17.11 CrOpen
20 Jan 2016Others₹48.30 CrOpen
21 Jul 2014Others₹22.40 CrOpen
24 Jul 2012Hdfc Bank Limited₹69.46 CrOpen

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How Many Employees Work at Marudhar Industries?

Marudhar Industries has a workforce of 348 employees as of Mar 29, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Marudhar Industries Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Marudhar Industries, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Marudhar Industries's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Marudhar Industries

Recent Activity within the Organization

  • Charges

    Progress on A charge with Others amounted to Rs. 14.90 Cr with Charge ID 101155968 was registered on 25 Aug 2025. was documented.

  • Charges

    A charge registered on 02 Jul 2024 via Charge ID 100952620 with Others was fully satisfied on 16 Jul 2025. was recorded as a recent event.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 69.46 Cr registered on 24 Jul 2012 with Charge ID 10366756 was modified on 30 Jun 2025. was recorded as a recent event.

  • Annual General Meeting

    Progress on Marudhar Industries Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Charges

    A charge with Others amounted to Rs. 18.00 Cr with Charge ID 100952620 was registered on 02 Jul 2024. was recorded as a recent event.

  • Balance Sheet

    Progress on Marudhar Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad. was documented.

Frequently Asked Questions

  • What is the CIN of Marudhar Industries Limited?

    The CIN of Marudhar Industries Limited is L91110GJ1983PLC022203.

  • Where is Marudhar Industries Limited headquartered?

    Marudhar Industries Limited is headquartered at 611 G I D C Phase Iv Vatvaindl Estate Vatva, Ahmedabad, Gujarat, 382445.

  • When was Marudhar Industries Limited incorporated?

    Marudhar Industries Limited was incorporated on 18 May 1983.

  • Who are the current directors of Marudhar Industries Limited?

    The current directors of Marudhar Industries Limited are

  • What is the primary industry of Marudhar Industries Limited?

    The primary industry of Marudhar Industries Limited is Manufacturing.

  • Is Marudhar Industries Limited a listed company?

    Marudhar Industries Limited is listed.

  • What is the capital structure of Marudhar Industries Limited?

    The authorized capital of Marudhar Industries Limited is ₹15.00 Cr, and the paid-up capital is ₹10.23 Cr.

  • What is the compliance status of Marudhar Industries Limited?

    The compliance status of Marudhar Industries Limited is Compliant.

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