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
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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 ₹11.73 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 ₹158.06 Cr open charges and ₹115.73 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at 611 G I D C Phase Iv Vatvaindl Estate Vatva, Ahmedabad, Gujarat, 382445.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    L91110GJ1983PLC022203

  • Registration Number

    022203

  • Incorporation Date

    18 May 1983

  • Authorized Capital

    ₹15.00 Cr

  • Paid-Up Capital

    ₹11.73 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Listed

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 11.73 Cr
  • Company Age 42 Year, 9 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 158.06 Cr
  • Satisfied Charges ₹ 115.73 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

Comprehensive Company Insights

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
Name Designation Appointment Date Status
Bhavesh Santoshkumar Jain Whole-Time Director 15 May 2010 Current
Subhashchandra Kanhaiyalal Mandavat Director 05 Jan 2023 Current
Pawan Kumar Murarka Director 05 Jan 2023 Current
Poojan Bhandari Director 21 Feb 2022 Current
Naresh Jain Santoshkumar Managing Director 01 Aug 2001 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 07 Sep 2017 Past
Pramod Abcsdd Director 15 Jun 2017 Past
Pramod Abcsdd Director 26 Dec 2018 Past
Pramod Abcsdd Additional Director 01 Jul 2010 Past
Pramod Abcsdd Additional Director 29 Mar 2023 Past
Pramod Abcsdd Company 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
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
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 -4.50%
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*******
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Revenue from Operations
*******
 -4.76%
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*******
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Total Assets
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 13.43%
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Profit or Loss
*******
 -4.15%
*******
*******
*******
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Net Worth
*******
 6.44%
*******
*******
*******
*******
EBITDA
*******
 -6.89%
*******
*******
*******
*******

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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 Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹1,580,600,000.00

Satisfied Charges

₹1,157,302,000.00

Charges Breakdown by Lending Institutions
  • Others : 88.60 Cr
  • Hdfc Bank Limited : 69.46 Cr
Latest Charge Details
Date Lender Amount Status
10 Dec 2025 Others ₹3.00 Cr Open
25 Aug 2025 Others ₹14.90 Cr Open
20 Jan 2016 Others ₹48.30 Cr Open
21 Jul 2014 Others ₹22.40 Cr Open
24 Jul 2012 Hdfc Bank Limited ₹69.46 Cr Open

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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 Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
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.

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Latest Updates, News, and FAQs on Marudhar Industries
Recent Activity within the Organization
  • Charges

    Progress on A charge registered on 23 Dec 2020 via Charge ID 100411730 with Others was fully satisfied on 07 Jan 2026. was documented.

  • Charges

    Progress on A charge with Others amounted to Rs. 3.00 Cr with Charge ID 101229365 was registered on 10 Dec 2025. was documented.

  • Annual General Meeting

    Marudhar Industries Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was recorded as a recent event.

  • 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

    The activity A charge registered on 02 Jul 2024 via Charge ID 100952620 with Others was fully satisfied on 16 Jul 2025. was completed.

  • Charges

    The activity 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 completed.

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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 ₹11.73 Cr.

What is the compliance status of Marudhar Industries Limited?

The compliance status of Marudhar Industries Limited is Compliant.

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