MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-22-0029381
Marudhar SPG Mills Private Limited - manufacturing in Surat, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹50.08 Cr
▼ 3% YoY
Net profit · FY 2024
₹45.46 Lakh
Net margin 0.9%
EBITDA · FY 2024
₹3.05 Cr
EBITDA margin 6.1%
Authorised capital
₹4 Cr
Registered with MCA
Paid-up capital
₹4 Cr
Issued & subscribed
Open charges
₹22.04 Cr
Satisfied ₹15.54 Cr
Company age
31 yrs
Est. 1995
Employees · EPFO
8
Provident fund records
About Marudhar SPG Mills Private Limited
Data last updated:
Marudhar SPG Mills Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 02 February 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17119GJ1995PTC024472. Its GSTIN is 24AABCM6128M1ZD (Gujarat).
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹4 Cr. It is led by directors including Rajeshkumar Jagdishprasad Birla and Vijaykumar Jagdishprasad Birla.
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 Office – B/611 6th Floor International Commercial Centre Ring Road Nr. Kadiwala School, Surat, Gujarat, India – 395002.
As per the financials filed for FY 2024, the company reported a revenue of ₹50.08 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹45.46 Lakh (net margin 0.9%) and EBITDA of ₹3.05 Cr (EBITDA margin 6.1%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years and 2% over five years.
The company has about 8 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹22.04 Cr and satisfied charges of ₹15.54 Cr on record.
Marudhar SPG Mills Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0029381). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website marudharmills.com.
Company details
CIN U17119GJ1995PTC024472
Registration Number 024472
Incorporation Date 02 February 1995
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-22-0029381
Key People
Rajeshkumar Jagdishprasad Birla Director Vijaykumar Jagdishprasad Birla Director Shivshankar Jhanwar Director Recognitions & Rankings of Marudhar SPG Mills
Contact details
Marudhar SPG Mills Private Limited's registered office is in Surat, Gujarat. Its website is marudharmills.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOffice – B/611 6th Floor International Commercial Centre Ring Road Nr. Kadiwala School, Surat, Gujarat, India – 395002
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Marudhar SPG Mills Private Limited, buy the company report.
Comprehensive company report
Marudhar SPG Mills Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Marudhar SPG Mills is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Marudhar SPG Mills Private Limited, buy the company report.
Financials of Marudhar SPG Mills Private Limited
FY 2025 filings availableMarudhar SPG Mills Private Limited reported revenue of ₹50.08 Cr (down 3% YoY) for FY 2024.
Revenue · FY 2024
₹50.08 Cr ▼ 3%
Net profit · FY 2024
₹45.46 Lakh margin 0.9%
EBITDA · FY 2024
₹3.05 Cr margin 6.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 3%
3 years · compounded
▲ 15%
5 years · compounded
▼ 2%
EBITDA CAGR growth
1 year
▼ 6%
3 years · compounded
▼ 11%
5 years · compounded
▼ 8%
Revenue has declined at a compounded annual rate (CAGR) of 2% over five years, including a 3% fall in the latest year. EBITDA fell 6% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹3.05 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹45.46 Lakh | ||||
| 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.1% | ||||
| Net Profit Margin | 0.9% | ||||
| 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 SPG Mills Private Limited, buy the company report.
Board of directors of Marudhar SPG Mills Private Limited
Marudhar SPG Mills has 6 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajeshkumar Jagdishprasad Birla | Director | 27 May 2011 | 15 Years 5 Months | Current |
| Vijaykumar Jagdishprasad Birla Also directs: Prbat Texotwist Private Limited | Director | 22 Jan 1996 | 30 Years 9 Months | Current |
| Shivshankar Jhanwar Also directs: Shree Jhanwar Yarns Pvt Ltd | Director | 02 Feb 1995 | 31 Years 9 Months | Current |
| Abhishek Vijaykumar Birla Also directs: Texoraa Industries Private Limited | Director | 22 Apr 2024 | 2 Years 6 Months | Current |
| Kishan Lal Jhanwar Also directs: Shree Jhanwar Yarns Pvt Ltd, Gajner Commercials Private Limited | Director | 22 Jan 1996 | 30 Years 9 Months | Current |
| Bhanwarlal Jhanwar | Director | 22 Jan 1996 | 30 Years 9 Months | Current |
Peer comparison
Marudhar SPG Mills Private Limited is compared with the 6 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rana Spinners Private Limited | ₹50.15 Cr (FY 2025) | 136.0% | Tirupur, Tamil Nadu, India | |||
| MBS Textiles Private Limited | ₹50.13 Cr (FY 2025) | -1.0% | Delhi, India | |||
| Blue Lotus Designers Private Limited | ₹50.1 Cr (FY 2025) | 51.0% | Kolkata, West Bengal, India | |||
| Shrenic Spinners Private Limited | ₹50.1 Cr (FY 2025) | 14.0% | Annur, Tamil Nadu, India | |||
| T P Textiles Private Limited | ₹50.1 Cr (FY 2025) | 27.0% | Pallipalayam, Tamil Nadu, India | |||
| Marudhar SPG Mills Private Limitedthis company | ₹50.08 Cr (FY 2024) | ₹45.46 Lakh | 0.9% | -3.0% | 8 | Surat, Gujarat, India |
| S G S Silk Mills Private Limited | ₹50.03 Cr (FY 2024) | 2.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Marudhar SPG Mills Private Limited, buy the company report.
Auditor
Marudhar SPG Mills Private Limited is audited by R M R & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R M R & Co | FY 2023 | 043384 |
Shareholding
The shareholding of Marudhar SPG Mills 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 SPG Mills Private Limited, buy the company report.
Charges & borrowings
Open charges
₹22.04 Cr
Satisfied charges
₹15.54 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Jun 2011 | 10295281 | Hdfc Bank Limited | ₹22.04 Cr | Open | |
| 27 Aug 2018 | 100270347 | Others | ₹10.47 Lakh | Satisfied | |
| 18 Oct 2017 | 100138974 | Others | ₹89 Lakh | Satisfied | |
| 30 Dec 1996 | 90095591 | State Bank of India | ₹78 Lakh | Satisfied | |
| 16 Sep 1996 | 90094938 | State Bank of India | ₹9.77 Cr | Satisfied |
To see the full charge records of Marudhar SPG Mills Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
No court or tribunal cases involving Marudhar SPG Mills 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
Marudhar SPG Mills Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 34 overdue payments to 13 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 13)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Apco Agencies | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Marudhar SPG Mills Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Marudhar SPG Mills Private Limited has a workforce of 8 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
8
Active EPFO establishments
1
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 8 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Marudhar SPG Mills Private Limited, buy the company report.
GST
Marudhar SPG Mills has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCM6128M1ZD | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Marudhar SPG Mills Private Limited, buy the company report.
Recent activity
Marudhar SPG Mills Private Limited has 7 board changes on record since 1995: 6 appointments and 1 cessation. The latest: Abhishek Vijaykumar Birla was appointed as Director on 22 Apr 2024.
AGM
Marudhar Spg Mills Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Marudhar Spg Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Hdfc Bank Limited of Rs. 22.04 Cr registered on 21 Jun 2011 with Charge ID 10295281 was modified on 26 Mar 2025.
Appointed
Abhishek Vijaykumar Birla was appointed as Director.
Ceased
Satyanarayan Jagdishprasad Birla ceased to be Director.
Charges
A charge registered on 18 Oct 2017 via Charge ID 100138974 with Others was fully satisfied on 30 Jul 2022.
Charges
A charge registered on 27 Aug 2018 via Charge ID 100270347 with Others was fully satisfied on 06 Jul 2022.
Charges
A charge with Others amounted to Rs. 0.10 Cr with Charge ID 100270347 was registered on 27 Aug 2018.
Charges
A charge with Others amounted to Rs. 0.89 Cr with Charge ID 100138974 was registered on 18 Oct 2017.
Charges
A charge registered on 30 Dec 1996 via Charge ID 90095591 with State Bank Of India was fully satisfied on 18 Jul 2011.
Charges
A charge registered on 16 Sep 1996 via Charge ID 90094938 with State Bank Of India was fully satisfied on 18 Jul 2011.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 22.04 Cr with Charge ID 10295281 was registered on 21 Jun 2011.
14 earlier events are in the company report.
Frequently asked questions
Marudhar SPG Mills is an active private limited company based in Surat, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 02 February 1995 (31+ years old) and is registered under CIN U17119GJ1995PTC024472.
Marudhar SPG Mills has 6 current directors:
- Rajeshkumar Jagdishprasad Birla - Director
- Vijaykumar Jagdishprasad Birla - Director
- Shivshankar Jhanwar - Director
- Abhishek Vijaykumar Birla - Director
- Kishan Lal Jhanwar - Director
- Bhanwarlal Jhanwar - Director
The latest financial statements of Marudhar SPG Mills 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 SPG Mills is 24AABCM6128M1ZD, registered in Gujarat.
The CIN (Corporate Identification Number) of Marudhar SPG Mills is U17119GJ1995PTC024472. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Marudhar SPG Mills was incorporated on 02 February 1995, making it 31+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Marudhar SPG Mills by revenue are Rana Spinners Private Limited, MBS Textiles Private Limited, Blue Lotus Designers Private Limited, Shrenic Spinners Private Limited, T P Textiles Private Limited and 1 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Abhishek Vijaykumar Birla was appointed as Director on 22 Apr 2024. Satyanarayan Jagdishprasad Birla ceased to be Director on 01 Apr 2024. Rajeshkumar Jagdishprasad Birla was appointed as Director on 27 May 2011. Marudhar SPG Mills has 7 board changes on record in total.
Yes, Marudhar SPG Mills is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-22-0029381).
Marudhar SPG Mills has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 34 overdue payments to 13 micro and small suppliers. The latest return was filed on 31 May 2019.
Marudhar SPG Mills can be reached through the website marudharmills.com. Its registered office is in Surat, Gujarat, India.
The registered office of Marudhar SPG Mills is at Office – B611 6th Floor International Commercial Centre Ring Road Nr. Kadiwala School, Surat, Gujarat, India – 395002.
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