About Marg Limited
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Marg Limited is a public limited company based in Chennai, Tamil Nadu, India. It operates in the procurement and construction (epc) segment of the engineering sector. It was incorporated on 16 December 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN L45201TN1994PLC029561. Its GSTIN is 33AACCM8770G3ZC (Tamil Nadu). The company holds 14 GST registrations, of which 4 are active. It is recorded as listed by MCA, but trading in its shares on BSE (530543) has been suspended, so they do not currently trade on a stock exchange.
The company has an authorised share capital of ₹55 Cr and a paid-up capital of ₹50.82 Cr. It was formerly known as Marg Constructions Limited. It is led by directors including Gorrepati Ramakrishna Reddy (Managing Director) and Veerappan Revathi.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Sri Sai Subhodhaya Apartments Basement No.57/2B East Coast Road Thiruvanmiyur, Chennai, Tamil Nadu, India – 600041.
As per the financials filed for FY 2022, the company reported a revenue of ₹98 Lakh, a decline of 76% compared to the previous year. For the same year it recorded a net loss of ₹571.49 Cr and EBITDA of -₹553.66 Cr. Revenue has declined at a compounded annual rate (CAGR) of 45% over three years and 55% over five years.
The company has about 6 employees on its provident fund (EPFO) records. Its group structure includes 56 subsidiaries.
The company is associated with 1 brand: MARG Group. As per MCA filings, the company has open charges of ₹2,213.63 Cr and satisfied charges of ₹2,081.93 Cr on record. Court records list 882 cases involving the company, including 293 filed by the company and 589 filed against it; 103 cases are pending. The company has 81 deals on record (54 market trades, 16 funding rounds, 10 secondary share transfers), with disclosed funding of ₹320.88 Cr; the latest was in January 2019. Its 3 peer companies in the Infrastructure industry (Infrastructure Services), with the same principal business activity (buildings) are compared by revenue, 2 larger and 1 smaller; the largest is Aventus Estate Developer Private Limited with revenue of ₹8.96 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website marggroup.com.
Company details
Contact details
Marg Limited's registered office is in Chennai, Tamil Nadu. Its website is marggroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSri Sai Subhodhaya Apartments Basement No.57/2B East Coast Road Thiruvanmiyur, Chennai, Tamil Nadu, India – 600041
- IndustryEngineering, Procurement & Construction (EPC), Engineering
To see the full contact details of Marg 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
Marg operates one associated brand: MARG Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Property development is undertaken by MARG Group in India. | marggroup.com |
Business activity
The main business activity of Marg is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Marg Limited, buy the company report.
Financials of Marg Limited
FY 2021 filings availableMarg Limited reported revenue of ₹98 Lakh (down 76% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 55% over five years, including a 76% fall 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹98 Lakh | ||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | -₹553.66 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹571.49 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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To see the full financial statements and ratios of Marg Limited, buy the company report.
Board of directors of Marg Limited
Marg has 6 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Savithaprasannakumar | Additional Director | 10 May 2021 | 5 Years 5 Months | Current |
| Kandasamy Karpagambal Also directs: Signa Infrastructure India Limited, Nishant Agriculture Private Limited, Dove Habitat Private Limited and 5 more | Additional Director | 10 May 2021 | 5 Years 5 Months | Current |
| Gorrepati Ramakrishna Reddy | Managing Director | 04 Jan 1995 | 31 Years 9 Months | Current |
| Veerappan Revathi | Director | 18 Jul 2018 | 8 Years 3 Months | Current |
| Rajendran Dinesh | Director | 03 Feb 2018 | 8 Years 8 Months | Current |
| Elumalai Usha | Director | 12 Nov 2020 | 5 Years 11 Months | Current |
Peer comparison
Marg Limited is compared with the 3 companies closest to it by revenue in the Infrastructure industry (Infrastructure Services), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aventus Estate Developer Private Limited | ₹8.96 Cr (FY 2025) | -36.0% | Vadodara, Gujarat, India | |||
| Indospace Met Logistics Park Farukhnagar Private Limited | ₹8.85 Cr (FY 2025) | 3165.0% | Mumbai, Maharashtra, India | |||
| A.S. Magnaticinfra Private Limited | ₹8.75 Cr (FY 2025) | -46.0% | Thane, Maharashtra, India | |||
| Marg Limitedthis company | ₹98 Lakh (FY 2022) | -₹571.49 Cr | -76.0% | 6 | Chennai, Tamil Nadu, India |
To see the full peer comparison of Marg Limited, buy the company report.
Auditor
Marg Limited is audited by A R KRISHNAN & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A R KRISHNAN & ASSOCIATES | FY 2022 | 009805S |
Shareholding
The shareholding of Marg Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Marg Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Jan 2017 | 100081925 | State Bank of India | ₹23.76 Cr | Open | |
| 24 Oct 2016 | 100087447 | State Bank of India | ₹13.5 Cr | Open | |
| 26 Mar 2014 | 10487120 | Indian Bank | ₹33.6 Cr | Open | |
| 22 Jun 2013 | 10437275 | Srei Equipment Finance Private Limited | ₹23.32 Cr | Open | |
| 22 Jun 2013 | 10437276 | Srei Equipment Finance Private Limited | ₹10.88 Cr | Open |
To see the full charge records of Marg Limited, buy the company report.
Total charge records: 96 View all charges
Deals & funding
Marg Limited has 81 deals on record (54 market trades, 16 funding rounds, 10 secondary share transfers), with disclosed funding of ₹320.88 Cr; the latest was in January 2019.
Deals on record (5 of 81)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2017 | Market trade | ₹52.1 Lakh | Buyer: Globe Capital Market Limited |
| Jun 2015 | Market trade | ₹66.3 Lakh | Buyer: Anshuman Developers Private Limited Seller: Icici Bank Limited |
| May 2015 | Market trade | ₹94 Lakh | Buyer: Vikram Bagmar Huf Seller: Icici Bank Limited |
| May 2015 | Market trade | ₹1.63 Cr | Buyer: Milan Vihar Private Limited Seller: Icici Bank Limited |
| Dec 2012 | Market trade | ₹2.09 Cr | Buyer: Crosseas Capital Markets Private Limited Seller: Crosseas Capital Markets Private Limited |
To see the full deal history of Marg Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Marg Limited has 882 court cases on record: 293 filed by Marg, 589 filed against it. 103 cases are pending and 779 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 622 | 407 | 46 |
| District courts | 224 | 149 | 43 |
| Supreme Court | 19 | 17 | 13 |
| NCLT | 13 | 13 | 0 |
| NCLAT | 4 | 3 | 1 |
Cases on record (5 of 882)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Execution petition | Filed against the company by Pes Installations Pvt Ltd | Pending |
| District court, Chengalpattu, Tamil Nadu | Execution petition | Filed against the company by Electro Rak India Pvt Ltd | Pending |
| Madras High Court | Appeal | Filed against the company by Haaciendaa Infotech and Realtors Private Limited | Pending |
| Madras High Court | Original application | Filed against the company by Haaciendaa Infotech and Realtors P Ltd | Pending |
| Madras High Court | Court case (C.S(COMM DIV)) | Filed against the company by Haaciendaa Infotech and Realtors P Ltd | Pending |
To see the full case history of Marg 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 Marg Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Marg has 56 subsidiary companies. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Karaikal Power Company Private Limited | U31109PY2008PTC002174 | |
| Yuva Constructions Private Limited | U45200AP2007PTC054206 | |
| Guiding Infradevelopers Private Limited | U45200PY2009PTC002294 | |
| Archana Infradevelopers Private Limited | U45200PY2009PTC002325 | |
| Advance Infradevelopers Private Limited | U45200PY2009PTC002326 | |
| Agni Infradevelopers Private Limited | U45200PY2009PTC002327 |
To see the full group structure of Marg Limited, buy the company report.
Employees & EPFO
Marg Limited has a workforce of 6 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
GST
Marg has 14 GST registrations: 4 active and 10 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AACCM8770G3ZC | Tamil Nadu | Active | 07 Jul 2017 |
| 34AACCM8770G1ZC | Puducherry | Active | 01 Jul 2017 |
| 37AACCM8770G2Z5 | Andhra Pradesh | Active | 01 Jul 2017 |
| 19AACCM8770G2Z3 | West Bengal | Active | 23 Oct 2017 |
To see the full GST registrations and return filing status of Marg Limited, buy the company report.
Recent activity
Marg Limited has 34 board changes on record since 1995: 20 appointments and 14 cessations. The latest: Kandasamy Karpagambal was appointed as Additional Director on 10 May 2021.
228 earlier events are in the company report.
Frequently asked questions
Marg is an active public limited company based in Chennai, Tamil Nadu, India. The company works in procurement and construction (epc), within the engineering industry. It was incorporated on 16 December 1994 (32+ years old) and is registered under CIN L45201TN1994PLC029561.
Marg has 6 current directors:
- Gorrepati Ramakrishna Reddy - Managing Director
- Savithaprasannakumar - Additional Director
- Kandasamy Karpagambal - Additional Director
- Veerappan Revathi - Director
- Rajendran Dinesh - Director
- Elumalai Usha - Director
The latest financial statements of Marg on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Marg is 33AACCM8770G3ZC, registered in Tamil Nadu. The company has 14 GST registrations in all, of which 4 are active and 10 are cancelled or inactive. Other active GSTINs include 34AACCM8770G1ZC (Puducherry), 37AACCM8770G2Z5 (Andhra Pradesh), 19AACCM8770G2Z3 (West Bengal).
The CIN (Corporate Identification Number) of Marg is L45201TN1994PLC029561. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Marg is recorded as a listed company by MCA, but trading in its shares on BSE (530543) has been suspended, so they do not currently trade on a stock exchange.
Marg has 882 court cases on record: 293 filed by the company and 589 filed against it. 103 are pending. Most are in the high courts.
Marg was incorporated on 16 December 1994, making it 32+ years old. It is registered with the Registrar of Companies, Chennai.
Marg has 81 deals on record (54 market trades, 16 funding rounds, 10 secondary share transfers), with disclosed funding of ₹320.88 Cr; the latest was in January 2019.
The peers of Marg by revenue are Aventus Estate Developer Private Limited, Indospace Met Logistics Park Farukhnagar Private Limited, A.S. Magnaticinfra Private Limited, all in the Infrastructure industry (Infrastructure Services), with the same principal business activity (buildings).
Kandasamy Karpagambal was appointed as Additional Director on 10 May 2021. Savithaprasannakumar was appointed as Additional Director on 10 May 2021. Elumalai Usha was appointed as Director on 12 Nov 2020. Marg has 34 board changes on record in total.