About Morarjee Textiles Limited
Data last updated: 29 July 2025
Morarjee Textiles Limited is a public limited company based in Mumbai, Maharashtra, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It specialises in textile and fabric production, a part of the broader manufacturing sector. Incorporated on 14 July 1995, the company has been in operation for over 31 years.
Registered with ROC Mumbai under CIN L52322MH1995PLC090643. Listed on BSE: 532621 and NSE: MORARJEE.
Capital: an authorised share capital of ₹60.55 Cr and a paid-up capital of ₹25.43 Cr. It is led by directors including Harshvardhan Ashok Piramal and Ajay Kumar Singh.
Last AGM: 27 September 2023. Financial statements filed for year ended 31 March 2023. Office: Mumbai, Maharashtra.
As per the financials filed for FY 2023, the company reported a revenue of ₹208.16 Cr, a decline of 24% compared to the previous year.
The company has a workforce of approximately 761 employees as per the latest available data.
The company is associated with 1 brand - Morarjee Textiles. As per MCA filings, the company has open charges of ₹693.5 Cr and satisfied charges of ₹528.14 Cr on record.
The company is undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional, and the company may not be able to independently enter into new commitments. The last known website on record is morarjee.com.
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Registered Address242 Floor – G – 1 New Mahalaxmi Silk Mill Harishchandra L Nagoankar Marg Mathuradas Mills Compound, Lower Parel India, Mumbai, Maharashtra, India – 400013
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IndustryManufacturing, Textile & Fabric Production
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Morarjee Textiles Limited
Morarjee Textiles Limited has one previous CIN (Corporate Identification Number): U52322MH1995PTC090643. The current CIN is L52322MH1995PLC090643, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L52322MH1995PLC090643 | Current |
| U52322MH1995PTC090643 | Previous |
Associated Brands with Morarjee Textiles Limited
Morarjee Textiles Limited operates one associated brand: Morarjee Textiles. These brands represent Morarjee Textiles Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Apparel is manufactured by Morarjee in Mumbai, India. | morarjee.com |
Competitors & Alternatives of Morarjee Textiles Limited
Brands and companies operating in the same space as Morarjee Textiles Limited include Gokaldas Exports, Radhamani Group, Brand Concepts and 5 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Gokaldas Exports
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Apparel and clothing are manufactured and exported on contract. | Bengaluru, India, India | 1979 |
Radhamani Group
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Sustainable garment manufacturing solutions are provided comprehensively. | Bengaluru, India, India | 2008 |
Brand Concepts
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Contract manufacturing of bags, belts, wallets, and accessories is conducted. | Indore, India, India | 2007 |
Cupid
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Contract manufacturer of male & female condoms | Nashik, India, India | 1993 |
Shahi
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Garments are contract-manufactured by Shahi in apparel production. | Faridabad, India, India | 1974 |
FAZE THREE LIMITED
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Home furnishings and automobile textiles are contract-manufactured. | Mumbai, India, India | 1985 |
Eastman Exports
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Apparel products are manufactured under contract in India. | Tiruppur, India, India | 2003 |
SAPL Industries
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Offers product development and manufacturing services to business customers in India. | Mumbai, India, India | 2001 |
Business Activity of Morarjee Textiles Limited
Morarjee Textiles Limited is engaged in the principal business activity of manufacturing, with detailed activities including textile, leather and other apparel products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | Locked |
Business activity turnover details for Morarjee Textiles Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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Auditor Details of Morarjee Textiles Limited
Morarjee Textiles Limited is audited by Haribhakti & Co Llp for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Haribhakti & Co Llp | Locked | Locked | Locked |
Complete auditor history for Morarjee Textiles Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
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Board of Directors of Morarjee Textiles Limited
Morarjee Textiles Limited is currently managed by 5 directors, with 20 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harshvardhan Ashok Piramal | Whole-Time Director | 01 Jun 2004 | 22 Years 3 Months | As last reported |
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Ajay Kumar Singh
Also directs:
Lava International Limited
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Director | 08 Feb 2017 | 9 Years 7 Months | As last reported |
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Devesh Harishchandra Dadheech
Also directs:
Dadheech International Trade Foundation
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Director | 26 Jun 2020 | 6 Years 3 Months | As last reported |
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Archit Mohan Jayakar
Also directs:
Labyrinth Cinematic Solutions Private Limited
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Director | 29 Jan 2020 | 6 Years 8 Months | As last reported |
| Kishor Krushnaji Dhage | Whole-Time Director | 12 Oct 2023 | 2 Years 11 Months | As last reported |
Financials of Morarjee Textiles Limited FY 2023 filings available
Morarjee Textiles Limited reported revenue of ₹208.16 Cr (down 24.00% YoY) for FY 2023.
Ten-year financial statements for Morarjee Textiles Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
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Ownership and Shareholding of Morarjee Textiles Limited
Shareholding and ownership data for Morarjee Textiles Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
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Group Structure of Morarjee Textiles Limited
Morarjee Textiles Limited has 1 joint venture. This group structure data is as of FY 2023. The corporate group structure reflects Morarjee Textiles Limited's business expansion strategy and organizational complexity.
Charges & Borrowings of Morarjee Textiles Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Nov 2019 | Others | ₹114 Cr | Open |
| 15 Oct 2019 | Others | ₹25.5 Cr | Open |
| 10 May 2018 | Idbi Trusteeship Services Limited | ₹175 Cr | Open |
| 02 Nov 2016 | Others | ₹7 Cr | Open |
| 28 May 2015 | Idbi Trusteeship Services Limited | ₹108 Cr | Open |
Total charge records: 31 View all charges
Employees and EPFO Compliance at Morarjee Textiles Limited
Morarjee Textiles Limited has a workforce of 761 employees as of Apr 07, 2024.
Employee and EPFO history for Morarjee Textiles Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
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GST Compliance of Morarjee Textiles Limited
GST registrations and filing compliance for Morarjee Textiles Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
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Credit Ratings, Litigation & Regulatory Alerts for Morarjee Textiles Limited
Credit ratings, litigation, and regulatory alerts for Morarjee Textiles Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by Morarjee Textiles Limited
MSME payment history for Morarjee Textiles Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Morarjee Textiles Limited
Corporate group structure for Morarjee Textiles Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of Morarjee Textiles Limited
MCA filings and documents for Morarjee Textiles Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Morarjee Textiles Limited
Recent News on Morarjee Textiles Limited
Frequently Asked Questions about Morarjee Textiles Limited
Morarjee Textiles Limited is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Morarjee Textiles Limited is a company under insolvency, formerly operating as a public limited company in the manufacturing sector based in Mumbai, Maharashtra, India. It was incorporated on 14 July 1995 and is registered under CIN L52322MH1995PLC090643. Listed on BSE: 532621 and NSE: MORARJEE. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Morarjee Textiles Limited reported revenue of ₹208.16 Cr for FY 2023 (down 24.00% YoY).
The current directors of Morarjee Textiles Limited are:
- Harshvardhan Ashok Piramal - Whole-Time Director
- Ajay Kumar Singh - Director
- Devesh Harishchandra Dadheech - Director
- Archit Mohan Jayakar - Director
- Kishor Krushnaji Dhage - Whole-Time Director
The CIN (Corporate Identification Number) of Morarjee Textiles Limited is L52322MH1995PLC090643. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Morarjee Textiles Limited is listed on both BSE (code: 532621) and NSE (symbol: MORARJEE).