Marvel Hitech Limited
About Marvel Hitech Limited
Data last updated:
Marvel Hitech Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 30 May 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24231GJ1994PLC022153. Its GSTIN is 24AABCM0411B1ZI (Gujarat).
The company has an authorised share capital of ₹6.2 Cr and a paid-up capital of ₹2.07 Cr. It is led by directors including Sandip Champaklal Shah (Managing Director) and Hetal Champaklal Shah (Whole-Time Director).
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 401 Samruddhi Opp. Sakar – 3 Near Income – Tax Circle Off Ashram Road, Ahmedabad, Gujarat, India – 380009.
As per the financials filed for FY 2025, the company reported a revenue of ₹21.29 Lakh, a decline of 2% compared to the previous year. For the same year it recorded a net profit of ₹1.81 Lakh (net margin 8.5%) and EBITDA of ₹7.02 Lakh (EBITDA margin 33%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years and 29% over five years.
As per MCA filings, the company has satisfied charges of ₹1.5 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address401 Samruddhi Opp. Sakar – 3 Near Income – Tax Circle Off Ashram Road, Ahmedabad, Gujarat, India – 380009
- IndustryChemicals and Materials, Chemical Distribution & Retail
- 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
- One PDF report, delivered after checkout
Business Activity of Marvel Hitech Limited
The main business activity of Marvel Hitech is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Marvel Hitech Limited FY 2025 filings available
Marvel Hitech Limited reported revenue of ₹21.29 Lakh (down 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Marvel Hitech Limited
Revenue fell 2% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 29%. EBITDA fell 45% 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 of Marvel Hitech Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹7.02 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.81 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 of Marvel Hitech Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 33% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 8.5% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Marvel Hitech are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Auditor Details of Marvel Hitech Limited
Marvel Hitech Limited is audited by MUKESH M SHAH & CO for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MUKESH M SHAH & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Marvel Hitech Limited
Marvel Hitech has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sandip Champaklal Shah | Managing Director | 30 May 1994 | 32 Years 4 Months | Current |
| Champaklal Hiralal Shah | Director | 30 May 1994 | 32 Years 4 Months | Current |
| Hetal Champaklal Shah | Whole-Time Director | 30 May 1994 | 32 Years 4 Months | Current |
Ownership and Shareholding of Marvel Hitech Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Marvel Hitech Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Jul 2009 | Dena Bank | ₹1.5 Cr | Satisfied |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Marvel Hitech Limited
Employment history and EPFO contributions of people linked to Marvel Hitech.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Marvel Hitech Limited
Marvel Hitech has one previous CIN (Corporate Identification Number): L24231GJ1994PLC022153. The current CIN is U24231GJ1994PLC022153, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24231GJ1994PLC022153 | Current |
| L24231GJ1994PLC022153 | Previous |
Recent Activity on Marvel Hitech Limited
Marvel Hitech Limited has 6 board changes on record since 1994: 3 appointments and 3 cessations. The latest: Ashokkumar Jasubhai Shah ceased to be Director on 24 Aug 2018.
Credit Ratings, Litigation & Regulatory Alerts for Marvel Hitech Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Marvel Hitech Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Marvel Hitech Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Marvel Hitech Limited
Marvel Hitech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCM0411B1ZI | Gujarat | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Marvel Hitech Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Marvel Hitech Limited
Marvel Hitech is an active public limited company based in Ahmedabad, Gujarat, India. The company works in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 30 May 1994 (32+ years old) and is registered under CIN U24231GJ1994PLC022153.
Marvel Hitech reported revenue of ₹21.29 Lakh for FY 2025 (down 2% YoY).
Marvel Hitech has 3 current directors:
- Sandip Champaklal Shah - Managing Director
- Hetal Champaklal Shah - Whole-Time Director
- Champaklal Hiralal Shah - Director
Marvel Hitech reported a net profit of ₹1.81 Lakh (net margin 8.5%) and EBITDA of ₹7.02 Lakh (EBITDA margin 33%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Marvel Hitech is 23% over three years and 29% over five years. In the latest year (FY 2025) revenue fell 2%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Marvel Hitech is 24AABCM0411B1ZI, registered in Gujarat.
The CIN (Corporate Identification Number) of Marvel Hitech is U24231GJ1994PLC022153. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Marvel Hitech was incorporated on 30 May 1994, making it 32+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Ashokkumar Jasubhai Shah ceased to be Director on 24 Aug 2018. Dikul Shah ceased to be Director on 24 Aug 2018. Mukesh Mahendrabhai Shah ceased to be Director on 04 Feb 2015. Marvel Hitech has 6 board changes on record in total.
The registered office of Marvel Hitech is at 401 Samruddhi Opp. Sakar – 3 Near Income – Tax Circle Off Ashram Road, Ahmedabad, Gujarat, India – 380009.