About Marudhar Quartz Surfaces Private Limited
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Marudhar Quartz Surfaces Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Marudhar Rocks International Private Limited. It operates in the other metals and minerals segment of the metals and mining sector. It was incorporated on 01 September 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U26990KA2021PTC151243. Its GSTIN is 29AAOCM9150G1ZZ (Karnataka).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹90 Lakh. It is led by directors including Saurabh Bafna and Ronak.
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 Site No.338/45 16th B Main Jayanagar 4th T Block, Bangalore, Karnataka, India – 560041.
As per the financials filed for FY 2023, the company reported a revenue of ₹129.57 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹3.81 Cr (net margin 2.9%) and EBITDA of ₹36.16 Cr (EBITDA margin 27.9%).
The company has about 96 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹241.89 Cr and satisfied charges of ₹146 Cr on record. The company has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in April 2023.
For more details, the company can be reached via its website marudharstones.com.
Company details
Contact details
Marudhar Quartz Surfaces Private Limited's registered office is in Bangalore, Karnataka. Its website is marudharstones.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSite No.338/45 16th B Main Jayanagar 4th T Block, Bangalore, Karnataka, India – 560041
- IndustryMetals and Minerals, Other Metals & Minerals
To see the full contact details of Marudhar Quartz Surfaces 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 Quartz Surfaces is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Marudhar Quartz Surfaces Private Limited, buy the company report.
Financials of Marudhar Quartz Surfaces Private Limited
FY 2024 filings availableMarudhar Quartz Surfaces Private Limited reported revenue of ₹129.57 Cr (up 209% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 209% in the latest year. EBITDA rose 210% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹129.57 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹36.16 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹3.81 Cr | |
| Balance Sheet | ||
| Share Capital | ||
| Reserves and Surplus | ||
| Net Worth (Total Equity) | ||
| Long-term Borrowings | ||
| Short-term Borrowings | ||
| Trade Payables | ||
| Total Liabilities | ||
| Fixed Assets | ||
| Investments | ||
| Inventories | ||
| Trade Receivables | ||
| Cash and Bank Balance | ||
| Total Assets | ||
Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 27.9% | |
| Net Profit Margin | 2.9% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
| Current Ratio | ||
| Quick Ratio | ||
| Debt-to-Equity Ratio | ||
| Interest Coverage Ratio | ||
| Efficiency and Growth | ||
| Asset Turnover | ||
| Receivable Days | ||
| Payable Days | ||
| Inventory Days | ||
| Revenue Growth | ||
| Net Profit Growth | ||
To see the full financial statements and ratios of Marudhar Quartz Surfaces Private Limited, buy the company report.
Board of directors of Marudhar Quartz Surfaces Private Limited
Marudhar Quartz Surfaces has 5 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Saurabh Bafna Also directs: Marudhar Stonex LLP | Director | 01 Jun 2023 | 3 Years 5 Months | Current |
| Ronak Also directs: Marudhar Proptech LLP, Hozur Instruments Private Limited, Marudhar Engineered Stones Private Limited and 5 more | Director | 01 Sep 2021 | 5 Years 2 Months | Current |
| Jitendra Kumar Kothari Also directs: Marudhar Proptech LLP, Hozur Instruments Private Limited, Marudhar Engineered Stones Private Limited and 5 more | Director | 01 Sep 2021 | 5 Years 2 Months | Current |
| Avinash Mehta Also directs: Marudhar Proptech LLP, Hozur Instruments Private Limited, Marudhar Engineered Stones Private Limited and 1 more | Director | 01 Sep 2021 | 5 Years 2 Months | Current |
| Vikash Kothari Also directs: Marudhar Proptech LLP, Hozur Instruments Private Limited, Marudhar Engineered Stones Private Limited and 2 more | Director | 01 Sep 2021 | 5 Years 2 Months | Current |
Auditor
Marudhar Quartz Surfaces Private Limited is audited by M G I R T & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M G I R T & CO. | FY 2023 | 0002047S |
Shareholding
The shareholding of Marudhar Quartz Surfaces Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Marudhar Quartz Surfaces Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Dec 2023 | 100836340 | Hdfc Bank Limited | ₹31.25 Cr | Open | |
| 11 Feb 2022 | 100544088 | Hdfc Bank Limited | ₹210.64 Cr | Open | |
| 07 Dec 2021 | 100518082 | State Bank of India | ₹146 Cr | Satisfied |
To see the full charge records of Marudhar Quartz Surfaces Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Marudhar Quartz Surfaces Private Limited has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in April 2023.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2023 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Marudhar Rocks International Private Limited |
| Feb 2022 | Rights issue | ₹44.8 Cr | Investors: Marudhar Rocks International Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Marudhar Quartz Surfaces 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 Quartz Surfaces Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Marudhar Quartz Surfaces Private Limited has a workforce of 96 employees on its EPFO records as of Apr 07, 2024, across 2 active EPFO establishments.
GST
Marudhar Quartz Surfaces has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAOCM9150G1ZZ | Karnataka | Active | 08 Sep 2021 |
To see the full GST registrations and return filing status of Marudhar Quartz Surfaces Private Limited, buy the company report.
Recent activity
Marudhar Quartz Surfaces Private Limited has 6 board changes on record since 2021: 5 appointments and 1 cessation. The latest: Saurabh Bafna ceased to be Additional Director on 24 Aug 2023.
3 earlier events are in the company report.
Frequently asked questions
Marudhar Quartz Surfaces is an active private limited company based in Bangalore, Karnataka, India. The company works in other metals and minerals, within the metals and minerals industry. It was incorporated on 01 September 2021 (5+ years old) and is registered under CIN U26990KA2021PTC151243.
Marudhar Quartz Surfaces has 5 current directors:
- Saurabh Bafna - Director
- Ronak - Director
- Jitendra Kumar Kothari - Director
- Avinash Mehta - Director
- Vikash Kothari - Director
The latest financial statements of Marudhar Quartz Surfaces 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 FY 2022 are in the company report.
The GSTIN of Marudhar Quartz Surfaces is 29AAOCM9150G1ZZ, registered in Karnataka.
The CIN (Corporate Identification Number) of Marudhar Quartz Surfaces is U26990KA2021PTC151243. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Marudhar Quartz Surfaces was incorporated on 01 September 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
Marudhar Quartz Surfaces has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in April 2023.
Saurabh Bafna ceased to be Additional Director on 24 Aug 2023. Saurabh Bafna was appointed as Director on 01 Jun 2023. Avinash Mehta was appointed as Director on 01 Sep 2021. Marudhar Quartz Surfaces has 6 board changes on record in total.
Marudhar Quartz Surfaces can be reached through the website marudharstones.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Marudhar Quartz Surfaces is at Site No.33845 16th B Main Jayanagar 4th T Block, Bangalore, Karnataka, India – 560041.
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