Muziris Projects Limited
About Muziris Projects Limited
Data last updated:
Muziris Projects Limited is a public limited state government company based in Thiruvananthapuram, Kerala, India. It operates in the museums and other cultural activities segment of the museums and cultural institutions sector. It was incorporated on 24 March 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U74999KL2014SGC036528. Its GSTIN is 32AAJCM1827F1ZR (Kerala).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹5 Lakh. It is led by directors including Sharon Veettil (Managing Director) and Venu Vasudevan.
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 Parkview Opp Museum, Thiruvananthapuram, Kerala, India – 695033.
As per the financials filed for FY 2021, the company reported a revenue of ₹5.35 Cr, a decline of 14% compared to the previous year. For the same year it recorded a net loss of ₹1.16 Cr (net margin -21.6%) and EBITDA of -₹20.31 Lakh (EBITDA margin -3.8%). Revenue has grown at a compounded annual rate (CAGR) of 119% over three years and 63% over five years.
Court records list 5 cases involving the company, including 5 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Muziris Projects Limited's registered office is in Thiruvananthapuram, Kerala. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressParkview Opp Museum, Thiruvananthapuram, Kerala, India – 695033
- IndustryMuseums And Others, Museums And Other Cultural Activities, Archives, Library
To see the full contact details of Muziris Projects 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 Muziris Projects is arts, entertainment and recreation. In detail, this covers library, archives, museums and other cultural activities..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| R | Arts, entertainment and recreation | R2 | Library, archives, museums and other cultural activities. |
To see the full business activity and turnover split of Muziris Projects Limited, buy the company report.
Financials of Muziris Projects Limited
FY 2021 filings availableMuziris Projects Limited reported revenue of ₹5.35 Cr (down 14% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue fell 14% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 63%. EBITDA rose 52% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
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| Other Income | |||||
| Total Revenue | ₹5.35 Cr | ||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | -₹20.31 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.16 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -3.8% | ||||
| Net Profit Margin | -21.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Muziris Projects Limited, buy the company report.
Board of directors of Muziris Projects Limited
Muziris Projects has 10 current directors and 19 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venu Vasudevan Also directs: Eicl Limited | Director | 13 Aug 2021 | 5 Years 2 Months | Current |
| Sikha Surendran Also directs: Champs Boat League Limited, Kerala Tourism Infrastructure Limited, Bekal Resorts Development Corporation Limited and 1 more | Director | 08 Jul 2024 | 2 Years 4 Months | Current |
| Elenjikal Thomas Taison Also directs: Expat Print House Private Limited | Director | 13 Aug 2021 | 5 Years 2 Months | Current |
| Thomas Issac Also directs: Kerala Social Security Pension Limited, Champs Boat League Limited | Director | 09 May 2017 | 9 Years 6 Months | Current |
| Satheesan Damodara Menon Vadasseri | Director | 24 Mar 2014 | 12 Years 7 Months | Current |
| Abdul Salam | Director | 13 Aug 2021 | 5 Years 2 Months | Current |
Peer comparison
Muziris Projects Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (library, archives, museums and other cultural activities.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Madshades Technologies Private Limited | ₹7.04 Cr (FY 2025) | 170.0% | Mumbai, Maharashtra, India | |||
| J. G. S Enterprises Private Limited | ₹6.76 Cr (FY 2025) | 31.0% | Chandigarh, India | |||
| Eminence Exhibition Solutions Private Limited | ₹6.11 Cr (FY 2025) | -22.0% | Delhi, India | |||
| Aadhyatmik Technologies Private Limited | ₹6.02 Cr (FY 2023) | 2992.0% | Noida, Uttar Pradesh, India | |||
| Democrart Technologies Private Limited | ₹5.39 Cr (FY 2025) | -68.0% | Chennai, Tamil Nadu, India | |||
| Muziris Projects Limitedthis company | ₹5.35 Cr (FY 2021) | -₹1.16 Cr | -21.6% | -14.0% | Thiruvananthapuram, Kerala, India | |
| JCB Literature Private Limited | ₹5.02 Cr (FY 2025) | -56.0% | New Delhi, Delhi, India | |||
| Village Visual Effects Private Limited | ₹3.36 Cr (FY 2025) | 5.0% | Madurai, Tamil Nadu, India | |||
| Fillme Networks Private Limited | ₹3.07 Cr (FY 2024) | -1.0% | Delhi, India | |||
| Andrew Wommack Ministries India | ₹2.94 Cr (FY 2025) | 18.0% | Hyderabad, Telangana, India | |||
| Trans Stellar Journal Publications and Research Consultancy Private Limited | ₹2.7 Cr (FY 2024) | 28.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Muziris Projects Limited, buy the company report.
Auditor
Muziris Projects Limited is audited by Antony Sebastian & Co. for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Antony Sebastian & Co. | FY 2021 | 000192S |
Shareholding
The shareholding of Muziris Projects Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Muziris Projects Limited, buy the company report.
Legal cases
Muziris Projects Limited has 5 court cases on record: 5 filed against it. 2 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 4 | 1 |
| District courts | 1 | 1 | 1 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Alappuzha, Kerala | Court case (AS) | Filed against the company by an individual | Pending |
| High Court of Kerala | Court case (AR) | Filed against the company by an individual | Pending |
| High Court of Kerala | Writ petition | Filed against the company | Disposed |
| High Court | Writ petition | Filed against the company by individuals | Disposed |
| High Court, Kerala | Writ petition | Filed against the company by individuals | Disposed |
To see the full case history of Muziris Projects 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 Muziris Projects Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Muziris Projects has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAJCM1827F1ZR | Kerala | Active | 14 Aug 2018 |
To see the full GST registrations and return filing status of Muziris Projects Limited, buy the company report.
Recent activity
Muziris Projects Limited has 31 board changes on record since 2014: 12 appointments and 19 cessations. The latest: Manioj Kumar ceased to be Managing Director on 18 Feb 2025.
22 earlier events are in the company report.
Frequently asked questions
Muziris Projects is an active public limited state government company based in Thiruvananthapuram, Kerala, India. The company works in museums and other cultural activities, within the museums and others industry. It was incorporated on 24 March 2014 (12+ years old) and is registered under CIN U74999KL2014SGC036528.
Muziris Projects has 10 current directors:
- Sharon Veettil - Managing Director
- Venu Vasudevan - Director
- Sikha Surendran - Director
- Elenjikal Thomas Taison - Director
- Thomas Issac - Director
- Satheesan Damodara Menon Vadasseri - Director
- Abdul Salam - Director
- Unnikrishnan - Director
- Pankajakshan Puthuparambu Chitharanjan - Director
- Sunilkumar Vattaparambil Rajan - Director
The latest financial statements of Muziris Projects 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 Muziris Projects is 32AAJCM1827F1ZR, registered in Kerala.
The CIN (Corporate Identification Number) of Muziris Projects is U74999KL2014SGC036528. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Muziris Projects has 5 court cases on record: 5 filed against it. 2 are pending. Most are in the high courts.
Muziris Projects was incorporated on 24 March 2014, making it 12+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Muziris Projects by revenue are Madshades Technologies Private Limited, J. G. S Enterprises Private Limited, Eminence Exhibition Solutions Private Limited, Aadhyatmik Technologies Private Limited, Democrart Technologies Private Limited and 5 more, all in the same principal business activity (library, archives, museums and other cultural activities.).
Manioj Kumar ceased to be Managing Director on 18 Feb 2025. Sharon Veettil was appointed as Managing Director on 18 Feb 2025. Nooh Pullichalil Bava ceased to be Director on 08 Jul 2024. Muziris Projects has 31 board changes on record in total.
The registered office of Muziris Projects is at Parkview Opp Museum, Thiruvananthapuram, Kerala, India – 695033.
Muziris Projects operates in the museums and others industry, in the museums and other cultural activities segment.
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