About Marvel Limited
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Marvel Limited is a public limited company based in Hisar, Haryana, India. It operates in the tea and coffee processing segment of the agriculture sector. It was incorporated on 14 May 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U01132HR1996PLC033106. Its GSTIN is 06AACCM6183D1ZM (Haryana). The company holds 20 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹11.6 Cr and a paid-up capital of ₹3.36 Cr. It was formerly known as Marvel Tea Estate Private Limited and Marvel Tea Estate (India) Limited. It is led by directors including Parveen Jain (Managing Director) and Sanjay Jain (Managing 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 2024. The registered office is at Marvel Roaduklana Hissar, Hisar, Haryana, India – 125113.
As per the financials filed for FY 2025, the company reported a revenue of ₹284.7 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹25.08 Cr (net margin 8.8%) and EBITDA of ₹50.31 Cr (EBITDA margin 17.7%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 3% over five years.
The company has about 226 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Marvel Tea. As per MCA filings, the company has open charges of ₹85 Cr and satisfied charges of ₹102.82 Cr on record. Court records list 31 cases involving the company, including 16 filed by the company and 15 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website marveltea.com.
Company details
Name history
Marvel has undergone 2 name changes throughout its history. The company was previously known as Marvel Tea Estate Private Limited, and Marvel Tea Estate (India) Limited. The current legal name is Marvel Limited.
| Company Name | Status |
|---|---|
| Marvel Limited | Current |
| Marvel Tea Estate Private Limited | Previous |
| Marvel Tea Estate (India) Limited | Previous |
CIN history
Marvel has one previous CIN (Corporate Identification Number): L01132HR1996PLC033106. The current CIN is U01132HR1996PLC033106, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U01132HR1996PLC033106 | Current |
| L01132HR1996PLC033106 | Previous |
Contact details
Marvel Limited's registered office is in Hisar, Haryana. Its website is marveltea.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressMarvel Roaduklana Hissar, Hisar, Haryana, India – 125113
- IndustryAgriculture, Tea & Coffee Processing
To see the full contact details of Marvel 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
Brands
Marvel operates one associated brand: Marvel Tea. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Sells flavored and classic Indian teas online with fast delivery services. | marveltea.com |
Business activity
The main business activity of Marvel is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Marvel Limited, buy the company report.
Financials of Marvel Limited
FY 2024 filings availableMarvel Limited reported revenue of ₹284.7 Cr (down 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 5% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA fell 29% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹50.31 Cr | ||||
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| Net Profit (PAT) | ₹25.08 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 17.7% | ||||
| Net Profit Margin | 8.8% | ||||
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To see the full financial statements and ratios of Marvel Limited, buy the company report.
Board of directors of Marvel Limited
Marvel has 6 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chetan Jain Also directs: Gurugram Dream Space LLP, Uklana Infraheights LLP, Marvel Tea Export Limited and 2 more | Director | 27 May 2019 | 7 Years 4 Months | Current |
| Priyanka Agarwal Also directs: Nitco Limited, Divyadhan Recycling Industries Limited | Director | 14 Jul 2021 | 5 Years 3 Months | Current |
| Parveen Jain Also directs: Marvel King Limited, SPJ Securities Private Limited, Marvel Realtech Private Limited and 1 more | Managing Director | 14 May 1996 | 30 Years 5 Months | Current |
| Sanjay Jain | Managing Director | 01 Mar 1999 | 27 Years 7 Months | Current |
| Gourav Jain | Director | 05 Apr 2021 | 5 Years 6 Months | Current |
| Prateek Jain Also directs: Atoz Logistics Limited | Director | 14 Jul 2021 | 5 Years 3 Months | Current |
Peer comparison
Marvel Limited is compared with the 4 companies closest to it by revenue in the Agriculture industry (Tea and Coffee), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vikrma Impex Pvt Ltd | ₹324.82 Cr (FY 2025) | 19.0% | Kolkata, West Bengal, India | |||
| Balaji Agro Private Limited | ₹317.22 Cr (FY 2025) | 3.0% | Kolkata, West Bengal, India | |||
| Jivraj Tea Limited | ₹293.57 Cr (FY 2024) | 3.0% | Surat, Gujarat, India | |||
| Asian Tea Company Private Limited | ₹286.18 Cr (FY 2025) | 14.0% | Kolkata, West Bengal, India | |||
| Marvel Limitedthis company | ₹284.7 Cr (FY 2025) | ₹25.08 Cr | 8.8% | -5.0% | 226 | Hisar, Haryana, India |
To see the full peer comparison of Marvel Limited, buy the company report.
Auditor
Marvel Limited is audited by K K Bansal & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K K Bansal & Associates | FY 2023 | 006235N |
Shareholding
The shareholding of Marvel 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 Marvel Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Apr 2015 | 10585930 | Hdfc Bank Limited | ₹85 Cr | Open | |
| 15 Nov 2013 | 10463398 | ₹5 Cr | Satisfied | ||
| 26 Mar 2013 | 10421512 | Punjab National Bank | ₹2 Cr | Satisfied | |
| 28 Aug 2012 | 10378329 | Punjab National Bank | ₹5 Cr | Satisfied | |
| 30 Nov 2011 | 10326023 | First Blue Home Finance Limited | ₹4.75 Cr | Satisfied |
To see the full charge records of Marvel Limited, buy the company report.
Total charge records: 13 View all charges
Legal cases
Marvel Limited has 31 court cases on record: 16 filed by Marvel, 15 filed against it. 2 cases are pending and 29 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 18 | 7 | 1 |
| District courts | 13 | 8 | 1 |
Cases on record (5 of 31)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Appeal | Filed by the company against M/S International Print-O-Pac Ltd | Disposed |
| District court, Central, Delhi | Civil suit | Filed against the company by Sahyog Papers Ltd. | Disposed |
| High Court, CHANDIGARH (UT) | Company petition | Filed against the company by Kaavya Tea Estate Pvt. Ltd | Disposed |
| District court, Gurugram, Haryana | Civil suit | Filed against the company by Ms International Print O Pac Limited | Disposed |
| High Court of Delhi | Court case (FAO(OS)) | Filed against the company by Nusun Genetic Research Ltd | Disposed |
To see the full case history of Marvel Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Marvel Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Marvel Limited has a workforce of 226 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
GST
Marvel has 20 GST registrations: 3 active and 17 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AACCM6183D1ZM | Haryana | Active | 01 Jul 2017 |
| 27AACCM6183D2ZH | Maharashtra | Active | 22 Jul 2017 |
| 21AACCM6183D2ZT | Odisha | Active | 14 Dec 2017 |
To see the full GST registrations and return filing status of Marvel Limited, buy the company report.
Recent activity
Marvel Limited has 20 board changes on record since 1996: 7 appointments and 13 cessations. The latest: Gourav Jain ceased to be Additional Director on 27 Oct 2021.
38 earlier events are in the company report.
Frequently asked questions
Marvel is an active public limited company based in Hisar, Haryana, India. The company works in tea and coffee processing, within the agriculture industry. It was incorporated on 14 May 1996 (30+ years old) and is registered under CIN U01132HR1996PLC033106.
Marvel has 6 current directors:
- Parveen Jain - Managing Director
- Sanjay Jain - Managing Director
- Chetan Jain - Director
- Priyanka Agarwal - Director
- Gourav Jain - Director
- Prateek Jain - Director
The latest financial statements of Marvel on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Marvel is 06AACCM6183D1ZM, registered in Haryana. The company has 20 GST registrations in all, of which 3 are active and 17 are cancelled or inactive. Other active GSTINs include 27AACCM6183D2ZH (Maharashtra), 21AACCM6183D2ZT (Odisha).
The CIN (Corporate Identification Number) of Marvel is U01132HR1996PLC033106. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Marvel has 31 court cases on record: 16 filed by the company and 15 filed against it. 2 are pending. Most are in the high courts.
Marvel was incorporated on 14 May 1996, making it 30+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Marvel by revenue are Vikrma Impex Pvt Ltd, Balaji Agro Private Limited, Jivraj Tea Limited, Asian Tea Company Private Limited, all in the Agriculture industry (Tea and Coffee), with the same principal business activity (wholesale trading).
Gourav Jain ceased to be Additional Director on 27 Oct 2021. Prateek Jain ceased to be Additional Director on 27 Oct 2021. Priyanka Agarwal ceased to be Additional Director on 27 Oct 2021. Marvel has 20 board changes on record in total.
Marvel can be reached through the website marveltea.com. Its registered office is in Hisar, Haryana, India.
The registered office of Marvel is at Marvel Roaduklana Hissar, Hisar, Haryana, India – 125113.