MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-17-0013918
Morex Industries Private Limited - manufacturing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹89.41 Cr
▲ 1% YoY
Net profit · FY 2025
₹5.75 Cr
Net margin 6.4%
EBITDA · FY 2025
₹6.44 Cr
EBITDA margin 7.2%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹1.47 Cr
Issued & subscribed
Open charges
₹18 Cr
Satisfied ₹43.94 Cr
Company age
35 yrs
Est. 1991
Employees · EPFO
43
Provident fund records
About Morex Industries Private Limited
Data last updated:
Morex Industries Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Morex Composites Private Limited. It operates in the plastic and resins segment of the manufacturing sector. It was incorporated on 27 November 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U99999MH1991PTC064189. Its GSTIN is 27AAACM2892B1ZO (Maharashtra). The company holds 9 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹1.47 Cr. It was formerly known as Morex Petro Chem Limited and Morex Petro Chem Private Limited. It is led by directors including Ajay Kumar Anandilal More and Santosh Kumar Anandilal More.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹89.41 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹5.75 Cr (net margin 6.4%) and EBITDA of ₹6.44 Cr (EBITDA margin 7.2%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 15% over five years.
The company has about 43 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹18 Cr and satisfied charges of ₹43.94 Cr on record. Court records list 64 cases involving the company, including 53 filed by the company and 11 filed against it; 12 cases are pending.
Morex Industries Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-17-0013918). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website morexindustries.com.
Company details
CIN U99999MH1991PTC064189
Registration Number 064189
Incorporation Date 27 November 1991
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Morex Composites Private Limited
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-17-0013918
Name history
Morex Industries has undergone 3 name changes throughout its history. The company was previously known as Morex Petro Chem Limited, Morex Petro Chem Private Limited, and Morex Adhesives Private Limited. The current legal name is Morex Industries Private Limited.
| Company Name | Status |
|---|---|
| Morex Industries Private Limited | Current |
| Morex Petro Chem Limited | Previous |
| Morex Petro Chem Private Limited | Previous |
| Morex Adhesives Private Limited | Previous |
CIN history
Morex Industries has one previous CIN (Corporate Identification Number): U99999MH1991PLC064189. The current CIN is U99999MH1991PTC064189, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U99999MH1991PTC064189 | Current |
| U99999MH1991PLC064189 | Previous |
Key People
Ajay Kumar Anandilal More Director Santosh Kumar Anandilal More Director Sushilkumar More Director Recognitions & Rankings of Morex Industries
Contact details
Morex Industries Private Limited's registered office is in Mumbai, Maharashtra. Its website is morexindustries.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressUnit No. 803 Ruby Crescent Business Boulevard Chakravarty Ashok Rd Ashok Nagar Kandi, Vali (E), Mumbai, Maharashtra, India – 400101
- IndustryManufacturing, Plastic & Resins
To see the full contact details of Morex Industries Private Limited, buy the company report.
Comprehensive company report
Morex Industries 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Morex Industries is manufacturing. In detail, this covers manufacture of rubber and plastics products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 22 | Manufacture of rubber and plastics products |
To see the full business activity and turnover split of Morex Industries Private Limited, buy the company report.
Financials of Morex Industries Private Limited
FY 2025 filings availableMorex Industries Private Limited reported revenue of ₹89.41 Cr (up 1% YoY) for FY 2025.
Revenue · FY 2025
₹89.41 Cr ▲ 1%
Net profit · FY 2025
₹5.75 Cr margin 6.4%
EBITDA · FY 2025
₹6.44 Cr margin 7.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 1%
3 years · compounded
▲ 9%
5 years · compounded
▲ 15%
EBITDA CAGR growth
1 year
▲ 2%
3 years · compounded
▲ 3%
5 years · compounded
▼ 2%
Revenue has grown at a compounded annual rate (CAGR) of 15% over five years, including 1% growth in the latest year. EBITDA rose 2% 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 |
|---|---|---|---|---|---|
| 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 | ₹6.44 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.75 Cr | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.2% | ||||
| Net Profit Margin | 6.4% | ||||
| 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 Morex Industries Private Limited, buy the company report.
Board of directors of Morex Industries Private Limited
Morex Industries has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajay Kumar Anandilal More | Director | 10 May 2021 | 5 Years 5 Months | Current |
| Santosh Kumar Anandilal More Also directs: Anirudh Resins Private Limited, Morex Composites Private Limited | Director | 17 May 2021 | 5 Years 5 Months | Current |
| Sushilkumar More | Director | 10 May 2023 | 3 Years 5 Months | Current |
Auditor
Morex Industries Private Limited is audited by A.M. Jain & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A.M. Jain & Co. | FY 2023 | 103883W |
Shareholding
The shareholding of Morex Industries 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 Morex Industries Private Limited, buy the company report.
Charges & borrowings
Open charges
₹18 Cr
Satisfied charges
₹43.94 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jul 2025 | 101143202 | The Hongkong and Shanghai Banking Corporation Limited | ₹1 Cr | Open | |
| 10 Jan 2024 | 100844963 | The Hongkong and Shanghai Banking Corporation Limited | ₹7 Cr | Open | |
| 09 Mar 2023 | 100695454 | Axis Bank Limited | ₹1.7 Cr | Open | |
| 27 Nov 2019 | 100304297 | Axis Bank Limited | ₹30 Lakh | Open | |
| 05 Mar 2019 | 100270379 | Axis Bank Limited | ₹1 Cr | Open |
To see the full charge records of Morex Industries Private Limited, buy the company report.
Total charge records: 23 View all charges
Legal cases
Morex Industries Private Limited has 64 court cases on record: 53 filed by Morex Industries, 11 filed against it. 12 cases are pending and 52 are disposed.
Total cases
64
Filed by the company
53
Filed against the company
11
Pending
12
Disposed
52
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 45 | 3 | 8 |
| High courts | 18 | 7 | 4 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 64)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CAF) | Filed against the company by Supreme Petrochem Ltd. | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (Cri.Rev.App.) | Filed by the company against Krystal Fibrotech Projects Pvt. Ltd. | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SS CASES W) | Filed by the company against Granart Polyforms India Pvt Ltd and Ors | Pending |
| Bombay High Court | Appeal | Filed by the company against Supreme Petrochem Ltd. | Pending |
| Bombay High Court | Court case (LPETN) | Filed against the company by Supreme Petrochem Ltd. | Pending |
To see the full case history of Morex Industries Private 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 Morex Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Morex Industries Private Limited has a workforce of 43 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
Employee count
43
Active EPFO establishments
1
Employee growth
26.47%
GST
Morex Industries has 9 GST registrations: 1 active and 8 cancelled or inactive.
Total GSTINs
9
Active
1
Cancelled / inactive
8
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACM2892B1ZO | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Morex Industries Private Limited, buy the company report.
Recent activity
Morex Industries Private Limited has 10 board changes on record since 2009: 3 appointments and 7 cessations. The latest: Sushilkumar More was appointed as Director on 10 May 2023.
AGM
Morex Industries Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 1.00 Cr with Charge ID 101143202 was registered on 30 Jul 2025.
Charges
A charge registered on 30 Sep 2024 via Charge ID 100987210 with Others was fully satisfied on 09 Jul 2025.
Filing
Morex Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 7.00 Cr registered on 10 Jan 2024 with Charge ID 100844963 was modified on 10 Oct 2024.
Charges
A charge with Others amounted to Rs. 0.99 Cr with Charge ID 100987210 was registered on 30 Sep 2024.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 7.00 Cr with Charge ID 100844963 was registered on 10 Jan 2024.
Charges
A charge with Axis Bank Limited of Rs. 0.30 Cr registered on 27 Nov 2019 with Charge ID 100304297 was modified on 18 Oct 2023.
Charges
A charge with Axis Bank Limited of Rs. 1.00 Cr registered on 05 Mar 2019 with Charge ID 100270379 was modified on 18 Oct 2023.
Charges
A charge with Axis Bank Limited of Rs. 7.00 Cr registered on 15 Dec 2017 with Charge ID 100152587 was modified on 18 Oct 2023.
Appointed
Sushilkumar More was appointed as Director.
Charges
A charge with Axis Bank Limited amounted to Rs. 1.70 Cr with Charge ID 100695454 was registered on 09 Mar 2023.
54 earlier events are in the company report.
Frequently asked questions
Morex Industries is an active private limited company based in Mumbai, Maharashtra, India. The company works in plastic and resins, within the manufacturing industry. It was incorporated on 27 November 1991 (35+ years old) and is registered under CIN U99999MH1991PTC064189.
Morex Industries has 3 current directors:
- Ajay Kumar Anandilal More - Director
- Santosh Kumar Anandilal More - Director
- Sushilkumar More - Director
The latest financial statements of Morex Industries 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 Morex Industries is 27AAACM2892B1ZO, registered in Maharashtra. The company has 9 GST registrations in all, of which 1 is active and 8 are cancelled or inactive.
The CIN (Corporate Identification Number) of Morex Industries is U99999MH1991PTC064189. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Morex Industries has 64 court cases on record: 53 filed by the company and 11 filed against it. 12 are pending. Most are in the district courts.
Morex Industries was incorporated on 27 November 1991, making it 35+ years old. It is registered with the Registrar of Companies, Mumbai.
Sushilkumar More was appointed as Director on 10 May 2023. Santosh Kumar Anandilal More was appointed as Director on 17 May 2021. Sushilkumar More ceased to be Director on 17 May 2021. Morex Industries has 10 board changes on record in total.
Yes, Morex Industries is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-17-0013918).
Morex Industries can be reached through the website morexindustries.com. Its registered office is in Mumbai, Maharashtra, India.