- Category
- Small (2024-25)
- Udyam number
- UDYAM-MP-23-0001489

About Morni Sarees Private Limited
Data last updated:
Morni Sarees Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the fashion retail segment of the fashion and textiles sector. It was incorporated on 07 November 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U17224MP2006PTC019046. Its GSTIN is 23AAKCS9416P1ZP (Madhya Pradesh).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2.36 Lakh. It was formerly known as Shri Shyam Jute Supplier Private Limited and Morani Sarees Private Limited. It is led by directors including Anuj Mittal and Keshav Mittal.
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 G – 5 Bansiwala Tower 13 Sapna Sangeeta Road, Indore, Madhya Pradesh, India – 452001.
As per the financials filed for FY 2025, the company reported a revenue of ₹23.68 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹5.5 Lakh (net margin 0.2%) and EBITDA of ₹47.7 Lakh (EBITDA margin 2%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 8% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
The company is associated with 1 brand: Morni Sarees. As per MCA filings, the company has open charges of ₹2 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it.
Morni Sarees Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-23-0001489). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mornisaree.in.
Company details
Name history
Morni Sarees has undergone 2 name changes throughout its history. The company was previously known as Shri Shyam Jute Supplier Private Limited, and Morani Sarees Private Limited. The current legal name is Morni Sarees Private Limited.
| Company Name | Status |
|---|---|
| Morni Sarees Private Limited | Current |
| Shri Shyam Jute Supplier Private Limited | Previous |
| Morani Sarees Private Limited | Previous |
CIN history
Morni Sarees has one previous CIN (Corporate Identification Number): U17119MP2006PTC019046. The current CIN is U17224MP2006PTC019046, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17224MP2006PTC019046 | Current |
| U17119MP2006PTC019046 | Previous |
Recognitions & Rankings of Morni Sarees
Contact details
Morni Sarees Private Limited's registered office is in Indore, Madhya Pradesh. Its website is mornisaree.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressG – 5 Bansiwala Tower 13 Sapna Sangeeta Road, Indore, Madhya Pradesh, India – 452001
- IndustryFashion and Textile, Fashion Retail
To see the full contact details of Morni Sarees Private 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
Morni Sarees operates one associated brand: Morni Sarees. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| A brand offering designer sarees, lehengas, indo-western dresses, and bespoke blouses for fashion-conscious women. | mornisaree.com |
Business activity
The main business activity of Morni Sarees is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Morni Sarees Private Limited, buy the company report.
Financials of Morni Sarees Private Limited
FY 2025 filings availableMorni Sarees Private Limited reported revenue of ₹23.68 Cr (up 8% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 8% growth in the latest year. 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
| 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 | ₹47.7 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.5 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2% | ||||
| Net Profit Margin | 0.2% | ||||
| 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 Morni Sarees Private Limited, buy the company report.
Board of directors of Morni Sarees Private Limited
Morni Sarees has 5 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anuj Mittal | Director | 20 Oct 2020 | 6 Years 0 Months | Current |
| Keshav Mittal | Director | 11 Jul 2022 | 4 Years 4 Months | Current |
| Sudha Agrawal | Director | 31 Mar 2015 | 11 Years 7 Months | Current |
| Manish Mittal | Director | 07 Nov 2006 | 20 Years 0 Months | Current |
| Puspa Agrawal | Director | 31 Mar 2015 | 11 Years 7 Months | Current |
Peer comparison
Morni Sarees Private Limited is compared with the 4 companies closest to it by revenue in the Apparel industry (Apparel Retail and Distribution, Sarees), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Roop Vatika Design Private Limited | ₹23.92 Cr (FY 2024) | -8.0% | New Delhi, Delhi, India | |||
| Sanrit Impex Private Limited | ₹23.77 Cr (FY 2024) | 189.0% | Delhi, India | |||
| Morni Sarees Private Limitedthis company | ₹23.68 Cr (FY 2025) | ₹5.5 Lakh | 0.2% | 8.0% | 1 | Indore, Madhya Pradesh, India |
| Akshuna Export Private Limited | ₹23.54 Cr (FY 2025) | 295.0% | Jaipur, Rajasthan, India | |||
| Momatos Retail Private Limited | ₹23.46 Cr (FY 2025) | 532.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Morni Sarees Private Limited, buy the company report.
Auditor
Morni Sarees Private Limited is audited by G.B. Agrawal & Co. for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G.B. Agrawal & Co. | FY 2018 | 70081 |
Shareholding
The shareholding of Morni Sarees 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 Morni Sarees Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Dec 2008 | 10133377 | Others | ₹2 Cr | Open |
To see the full charge records of Morni Sarees Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Morni Sarees Private Limited has 2 court cases on record: 1 filed by Morni Sarees, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, North West, Delhi | Court case (CS (COMM.)) | Filed by the company against an individual | Disposed |
| District court, Indore, Madhya Pradesh | Court case (MJC R) | Filed against the company by an individual | Disposed |
To see the full case history of Morni Sarees 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
Morni Sarees Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 2 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Vraj Gopi Creation | |||
| an individual supplier |
To see the full MSME payment records of Morni Sarees Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Morni Sarees Private Limited has a workforce of 1 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 1 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Morni Sarees Private Limited, buy the company report.
GST
Morni Sarees has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAKCS9416P1ZP | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Morni Sarees Private Limited, buy the company report.
Recent activity
Morni Sarees Private Limited has 11 board changes on record since 2006: 8 appointments and 3 cessations. The latest: Keshav Mittal was appointed as Director on 11 Jul 2022.
4 earlier events are in the company report.
Frequently asked questions
Morni Sarees is an active private limited company based in Indore, Madhya Pradesh, India. The company works in fashion retail, within the fashion and textile industry. It was incorporated on 07 November 2006 (20+ years old) and is registered under CIN U17224MP2006PTC019046.
Morni Sarees has 5 current directors:
- Anuj Mittal - Director
- Keshav Mittal - Director
- Sudha Agrawal - Director
- Manish Mittal - Director
- Puspa Agrawal - Director
The latest financial statements of Morni Sarees 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 Morni Sarees is 23AAKCS9416P1ZP, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Morni Sarees is U17224MP2006PTC019046. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Morni Sarees has 2 court cases on record: 1 filed by the company and 1 filed against it.
Morni Sarees was incorporated on 07 November 2006, making it 20+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Morni Sarees by revenue are Roop Vatika Design Private Limited, Sanrit Impex Private Limited, Akshuna Export Private Limited, Momatos Retail Private Limited, all in the Apparel industry (Apparel Retail and Distribution, Sarees), with the same principal business activity (retail trading).
Keshav Mittal was appointed as Director on 11 Jul 2022. Anuj Mittal was appointed as Director on 20 Oct 2020. Jagdish Agrawal ceased to be Director on 30 Aug 2020. Morni Sarees has 11 board changes on record in total.
Yes, Morni Sarees is registered as a small enterprise under Udyam registration (number: UDYAM-MP-23-0001489).
Morni Sarees has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 2 overdue payments to 2 micro and small suppliers. The latest return was filed on 09 Jun 2019.
Morni Sarees can be reached through the website mornisaree.in. Its registered office is in Indore, Madhya Pradesh, India.

