Morarjee Textiles Limited - Company Profile

Q: Who are the current directors of Morarjee Textiles Limited?

The current directors of Morarjee Textiles Limited are Devesh Harishchandra Dadheech, Ajay Kumar Singh, Kishor Krushnaji Dhage, Alpana Samir Chinai, Archit Mohan Jayakar, Ravi Sethia, Harshvardhan Ashok Piramal.

It is a manufacturing public limited company based in Mumbai, Maharashtra, India, established in 1995.

1995 Mumbai, Maharashtra, India Under Cirp

Last Updated: July 29, 2025

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About Morarjee Textiles Limited

Morarjee Textiles Limited, a under cirp public limited company, was established on 14 July 1995 in Mumbai, Maharashtra, India. Engaging in textile & fabric production within the manufacturing sector, it holds CIN: L52322MH1995PLC090643. Registered under ROC Roc Mumbai. it is listed on BSE: 532621 and NSE: MORARJEE. It has an authorized capital of ₹60.55 Cr and a paid-up capital of ₹25.43 Cr.

It upholds a compliant status. Employing 761 professional, Its leadership includes Devesh Harishchandra Dadheech (Director), Ajay Kumar Singh (Director), Kishor Krushnaji Dhage (Whole-Time Director). Past directors included Shobhan Madhukant Thakore, Ranjan Pant, Pramod Kumar Gothi. It holds ₹693.50 Cr open charges and ₹528.14 Cr settled loans. Its latest AGM occurred on 27 September 2023, with the balance sheet filed on 31 March 2023. It is based at 242, Floor -G-1, New Mahalaxmi Silk Mill, Harishchandra L Nagoankar Marg, Mathuradas Mills Compound, Lower Parel India, Mumbai, Maharashtra, 400013.

Company Details

CIN/LLPIN
L52322MH1995PLC090643
Registration Number
090643
Incorporation Date
14 July 1995
Authorized Capital
₹60.55 Cr
Paid-Up Capital
₹25.43 Cr
ROC Code
Roc Mumbai
Listing Status
Listed (BSE: 532621, NSE: MORARJEE)
Company Status
Under Cirp

Key Metrics

Authorised Capital ₹ 60.55 Cr as on 29-07-2025
Paid Up Capital ₹ 25.43 Cr as on 29-07-2025
Company Age 30 Year, 6 Months
Last Filing with ROC 31 Mar 2023
Open Charges ₹ 693.50 Cr as on 29-07-2025
Satisfied Charges ₹ 528.14 Cr as on 29-07-2025
Revenue Growth **** -23.89% (FY 2023)
Profit Growth **** -110.43% (FY 2023)
Ebitda **** -958.63% (FY 2023)
Net Worth -198.72% (FY 2023)
Total Assets -19.66% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Morarjee Textiles 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 Morarjee Textiles Limited?

Current Directors

Name	Designation	Appointment Date	Status
Devesh Harishchandra Dadheech	Director	26 Jun 2020	Current
Ajay Kumar Singh	Director	08 Feb 2017	Current
Kishor Krushnaji Dhage	Whole-Time Director	12 Oct 2023	Current
Alpana Samir Chinai	Director	19 Dec 2019	Current
Archit Mohan Jayakar	Director	29 Jan 2020	Current
Ravi Sethia	Irp/Rp/Liquidator	13 Mar 2024	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	16 Jan 2020	Past
Pramod Abcsdd	Director	11 Nov 2019	Past
Pramod Abcsdd	Additional Director	05 Mar 2010	Past
Pramod Abcsdd	Director	12 Apr 2023	Past
Pramod Abcsdd	Director	02 Aug 2014	Past
Pramod Abcsdd	Cfo(Kmp)	01 Nov 2021	Past

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Financial Performance of Morarjee Textiles.

Morarjee Textiles Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 23.89% decrease. The company also saw a substantial fall in profitability, with a 110.43% decrease in profit. The company's net worth observed a substantial decline by a decrease of 198.72%.

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

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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

********

-23.89%

*******

Revenue from Operations

*******

-24.04%

*******

Total Assets

*******

-19.66%

*******

Profit or Loss

*******

-110.43%

*******

Net Worth

*******

-198.72%

*******

EBITDA

*******

-958.63%

*******

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What is the Ownership and Shareholding Structure of Morarjee Textiles?

In 2023, Morarjee Textiles had a promoter holding of 63.88% and a public holding of 36.13%. The company had 1 Joint Venture. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

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

₹6,935,000,000.00

Satisfied Charges

₹5,281,400,000.00

Charges Breakdown by Lending Institutions

Idbi Trusteeship Services Limited : 478.00 Cr
Others : 146.50 Cr
Allahabad Bank : 45.00 Cr
Idbi Bank Limited : 24.00 Cr

Latest Charge Details

Date	Lender	Amount	Status
26 Nov 2019	Others	₹114.00 Cr	Open
15 Oct 2019	Others	₹25.50 Cr	Open
10 May 2018	Idbi Trusteeship Services Limited	₹175.00 Cr	Open
02 Nov 2016	Others	₹7.00 Cr	Open
28 May 2015	Idbi Trusteeship Services Limited	₹108.00 Cr	Open

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How Many Employees Work at Morarjee Textiles?

Morarjee Textiles has a workforce of 761 employees as of Apr 07, 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

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Morarjee Textiles, 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 Morarjee Textiles's trajectory.

Rating

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

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 Morarjee Textiles

Recent Activity within the Organization

Director Appointment

The activity Ravi Sethia was appointed as a IRP/RP/Liquidator was appointed as a IRP/RP/Liquidator on 13 Mar 2024 & has been associated with this company since 1 year 10 months . was completed.
13 Mar 2024
Director Appointment

The activity Kishor Krushnaji Dhage was appointed as a Whole-time director was appointed as a Whole-time director on 12 Oct 2023 & has been associated with this company since 2 years 3 months . was completed.
12 Oct 2023
Annual General Meeting

Morarjee Textiles Limited last Annual general meeting of members was held on 27 Sep 2023 as per latest MCA records. was recorded as a recent event.
27 Sep 2023
Balance Sheet

The activity Morarjee Textiles Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai. was completed.
31 Mar 2023
Charges

The activity A charge with Others of Rs. 114.00 Cr registered on 26 Nov 2019 with Charge ID 100309617 was modified on 02 Dec 2021. was completed.
02 Dec 2021
Director Appointment

Devesh Harishchandra Dadheech was appointed as a Director was appointed as a Director on 26 Jun 2020 & has been associated with this company since 5 years 7 months . was recorded as a recent event.
26 Jun 2020

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