Morvi & Morni Thread Industry Private Limited
About Morvi & Morni Thread Industry Private Limited
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Morvi & Morni Thread Industry Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 03 April 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U17291MP2014PTC032672. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Gaurav Agrawal and Sourabh Agrawal.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at B – 102 Shubh City Patthar Mundla Road, Indore, Madhya Pradesh, India – 452001.
As per the financials filed for FY 2019, the company reported a revenue of ₹14.5 Lakh, a decline of 53% compared to the previous year. For the same year it recorded a net loss of ₹8.29 Lakh (net margin -57.2%) and EBITDA of -₹2.9 Lakh (EBITDA margin -20%). Revenue has declined at a compounded annual rate (CAGR) of 27% over three years.
As per MCA filings, the company has open charges of ₹9.5 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Morvi & Morni Thread Industry Private Limited's registered office is in Indore, Madhya Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressB – 102 Shubh City Patthar Mundla Road, Indore, Madhya Pradesh, India – 452001
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Morvi & Morni Thread Industry 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
Business activity
The main business activity of Morvi & Morni Thread Industry is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Morvi & Morni Thread Industry Private Limited, buy the company report.
Financials of Morvi & Morni Thread Industry Private Limited
FY 2019 filings availableMorvi & Morni Thread Industry Private Limited reported revenue of ₹14.5 Lakh (down 53% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 27% over three years, including a 53% fall in the latest year. EBITDA rose 95% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | -₹2.9 Lakh | ||||
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| Net Profit (PAT) | -₹8.29 Lakh | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Profitability | |||||
| EBITDA Margin | -20% | ||||
| Net Profit Margin | -57.2% | ||||
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To see the full financial statements and ratios of Morvi & Morni Thread Industry Private Limited, buy the company report.
Board of directors of Morvi & Morni Thread Industry Private Limited
Morvi & Morni Thread Industry has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gaurav Agrawal | Director | 03 Apr 2014 | 12 Years 6 Months | Current |
| Sourabh Agrawal | Director | 03 Apr 2014 | 12 Years 6 Months | Current |
Auditor
Morvi & Morni Thread Industry Private Limited is audited by JAIN JOSHI AND ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAIN JOSHI AND ASSOCIATES | FY 2017 | 018830C |
Shareholding
The shareholding of Morvi & Morni Thread Industry Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Morvi & Morni Thread Industry Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Nov 2015 | 10619274 | Dena Bank | ₹9.5 Lakh | Open |
To see the full charge records of Morvi & Morni Thread Industry Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Morvi & Morni Thread Industry Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Morvi & Morni Thread Industry Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Morvi & Morni Thread Industry has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Morvi & Morni Thread Industry Private Limited, buy the company report.
Recent activity
Morvi & Morni Thread Industry Private Limited has 2 board changes on record since 2014: 2 appointments. The latest: Gaurav Agrawal was appointed as Director on 03 Apr 2014.
Frequently asked questions
Morvi & Morni Thread Industry is an active private limited company based in Indore, Madhya Pradesh, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 03 April 2014 (12+ years old) and is registered under CIN U17291MP2014PTC032672.
Morvi & Morni Thread Industry has 2 current directors:
- Gaurav Agrawal - Director
- Sourabh Agrawal - Director
The latest financial statements of Morvi & Morni Thread Industry on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
No. Morvi & Morni Thread Industry has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Morvi & Morni Thread Industry is U17291MP2014PTC032672. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Morvi & Morni Thread Industry was incorporated on 03 April 2014, making it 12+ years old. It is registered with the Registrar of Companies, Gwalior.
Gaurav Agrawal was appointed as Director on 03 Apr 2014. Sourabh Agrawal was appointed as Director on 03 Apr 2014.
The registered office of Morvi & Morni Thread Industry is at B – 102 Shubh City Patthar Mundla Road, Indore, Madhya Pradesh, India – 452001.
Morvi & Morni Thread Industry operates in the manufacturing industry, in the textile and fabric production segment.
Morvi & Morni Thread Industry has open charges of ₹9.5 Lakh and no satisfied charges on record as per latest MCA filings.
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