MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-TN-02-0000254
Market Cap
₹33.60 Cr
MARIS · BSE
Share Price
₹41.00
-0.24% today
Revenue
₹168 Cr
FY 2025-26 · -0.4% YoY
EBITDA
₹6.93 Cr
Margin 4.1%
Net Profit
−₹1.47 Cr
FY 2025-26 · -17.6% YoY
P/E (TTM)
5.4x
P/B 1.3x
ROE
-7.7%
ROCE 7.6%
Debt / Equity
3.80
Interest cover 1,894.0x
About Maris Spinners Limited
Data last updated:
Maris Spinners Limited is a public limited company based in Chennai, Tamil Nadu, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 18 September 1979 and has been in existence for over 47 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN L93090TN1979PLC032618. Its GSTIN is 33AAACM9874F1ZB (Tamil Nadu). The company holds 2 GST registrations, all of them active. It is a listed company as per MCA records. Its shares are listed on BSE: 531503.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹7.92 Cr. It was formerly known as Maris Spinners Private Limited. It is led by directors including Thangavelu Raghuraman (Managing Director) and Harigovind (Whole-Time Director).
Its last annual general meeting (AGM) was held on 29 August 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at New No.11 Old No.9 Cathedral Road Gopalapuram, Chennai, Tamil Nadu, India – 600086.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹168.37 Cr, a decline of 0.4% compared to the previous year. For the same year it recorded a net loss of ₹1.47 Cr (net margin -0.9%) and EBITDA of ₹6.93 Cr (EBITDA margin 4.1%). The net worth stands at ₹18.42 Cr (down 7.1% YoY). Total assets are valued at ₹88.55 Cr (down 14.8% YoY).
The company has about 351 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Maris Spinners. As per MCA filings, the company has open charges of ₹156.86 Cr and satisfied charges of ₹101.5 Cr on record. Court records list 79 cases involving the company, including 45 filed by the company and 34 filed against it; 12 cases are pending. The company has 9 deals on record (9 market trades); the latest was in August 2026. Its 5 peer companies in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 2 larger and 3 smaller; the largest is Ycd Industries Limited with revenue of ₹179.54 Cr.
Maris Spinners Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0000254). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website maris.co.in.
Company details
CIN L93090TN1979PLC032618
Registration Number 032618
Incorporation Date 18 September 1979
ROC Chennai
Listing Status Listed - Listed on BSE (531503)
Company Status Active
Date of Last AGM 29 August 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-TN-02-0000254
Key People
Thangavelu Raghuraman Managing Director Harigovind Whole-Time Director Adithya Raghuraman Whole-Time Director Recognitions & Rankings of Maris Spinners
Contact details
Maris Spinners Limited's registered office is in Chennai, Tamil Nadu. Its website is maris.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNew No.11 Old No.9 Cathedral Road Gopalapuram, Chennai, Tamil Nadu, India – 600086
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Maris Spinners Limited, buy the company report.
Comprehensive company report
Maris Spinners 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
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Secure checkout · GST invoice included
Brands
Maris Spinners operates one associated brand: Maris Spinners. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Textile yarns are manufactured by Maris Spinners in India. | maris.co.in |
Business activity
The main business activity of Maris Spinners 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 Maris Spinners Limited, buy the company report.
Financials of Maris Spinners Limited
FY 2025-26 filings availableMaris Spinners Limited reported revenue of ₹168.37 Cr (down 0.4% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · StandaloneRevenue
₹168 Cr
-0.4% YoY
EBITDA
₹6.93 Cr
+18.7% YoY
Profit After Tax
−₹1.47 Cr
-17.6% YoY
Net Worth
₹18.42 Cr
-7.1% YoY
Total Assets
₹88.55 Cr
-14.8% YoY
Total Debt
₹66.54 Cr
-15.5% YoY
Revenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 168 | 169 | 161 | 147 | 170 | 106 | 122 |
| Revenue growth | -0.4% | +5.2% | +9.4% | -13.9% | +60.7% | -13.3% | - |
| EBITDA | 6.93 | 5.84 | (4.62) | (7.90) | 29.89 | 15.25 | 3.48 |
| EBITDA margin | +4.1% | +3.5% | -2.9% | -5.4% | +17.5% | +14.4% | +2.9% |
| Profit before tax | (2.17) | (1.64) | (13.27) | (15.68) | 23.33 | 9.22 | (3.18) |
| Net profit | (1.47) | (1.25) | (9.13) | (10.85) | 15.45 | 6.54 | (2.32) |
| Net profit margin | -0.9% | -0.7% | -5.7% | -7.4% | +9.1% | +6.2% | -1.9% |
| EPS (₹) | (1.85) | (1.59) | (11.52) | (13.71) | 19.47 | 8.39 | (2.67) |
| Balance sheet | |||||||
| Total assets | 88.55 | 104 | 103 | 93.61 | 80.78 | 71.69 | 53.88 |
| Net worth | 18.42 | 19.83 | 21.33 | 30.32 | 42.31 | 27.65 | 21.08 |
| Total debt | 66.54 | 78.79 | 81.41 | 63.28 | 38.46 | 44.04 | 32.80 |
| Cash & bank | 3.23 | 0.14 | 0.38 | 0.26 | 0.29 | 0.63 | 0.78 |
| Net working capital | 19.49 | 30.79 | 23.73 | 18.91 | 36.11 | 41.44 | 24.39 |
| Cash flow | |||||||
| Cash from operations | 21.27 | 9.14 | 4.26 | 24.89 | 42.80 | 0.60 | 11.76 |
| Cash from investing | 3.20 | 3.28 | (6.39) | (30.62) | (19.48) | (5.55) | (1.81) |
| Cash from financing | (21.36) | (12.63) | 2.29 | 5.70 | 6.36 | (0.15) | (6.14) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 54.52 | 48.05 | 45.91 | 41.24 | 43.12 | 38.10 | 44.93 | 42.31 |
| Revenue growth (YoY) | +26.4% | +26.1% | +2.2% | -2.5% | +6.8% | -8.0% | - | - |
| Other income | 1.98 | 1.62 | 1.35 | 1.79 | 1.78 | 1.87 | 3.92 | 2.34 |
| Total expenses | 47.34 | 40.95 | 43.41 | 40.28 | 41.65 | 36.46 | 42.65 | 41.69 |
| EBITDA | 7.18 | 7.10 | 2.50 | 0.96 | 1.47 | 1.64 | 2.28 | 0.62 |
| EBITDA margin | +13.2% | +14.8% | +5.4% | +2.3% | +3.4% | +4.3% | +5.1% | +1.5% |
| Depreciation | 1.54 | 1.50 | 1.42 | 1.68 | 1.67 | 1.66 | 1.77 | 1.65 |
| Interest | 2.10 | 2.09 | 2.06 | 2.24 | 2.32 | 2.48 | 2.45 | 2.46 |
| Profit before tax | 5.52 | 5.13 | 0.37 | (1.17) | (0.74) | (0.63) | 1.98 | (1.15) |
| Tax | 2.26 | 1.49 | 0.04 | (0.34) | (0.21) | (0.19) | 0.67 | (0.33) |
Financial Statements
Figures in ₹ Cr; negatives in brackets. Updated 10 Nov 2026
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 54.52 | 48.05 | 45.91 | 41.24 | 43.12 | 38.10 | 44.93 | 42.31 |
| Revenue growth (YoY) | +26.4% | +26.1% | +2.2% | -2.5% | +6.8% | -8.0% | - | - |
| Other income | 1.98 | 1.62 | 1.35 | 1.79 | 1.78 | 1.87 | 3.92 | 2.34 |
| Total expenses | 47.34 | 40.95 | 43.41 | 40.28 | 41.65 | 36.46 | 42.65 | 41.69 |
| EBITDA | 7.18 | 7.10 | 2.50 | 0.96 | 1.47 | 1.64 | 2.28 | 0.62 |
| EBITDA margin | +13.2% | +14.8% | +5.4% | +2.3% | +3.4% | +4.3% | +5.1% | +1.5% |
| Depreciation | 1.54 | 1.50 | 1.42 | 1.68 | 1.67 | 1.66 | 1.77 | 1.65 |
| Interest | 2.10 | 2.09 | 2.06 | 2.24 | 2.32 | 2.48 | 2.45 | 2.46 |
| Profit before tax | 5.52 | 5.13 | 0.37 | (1.17) | (0.74) | (0.63) | 1.98 | (1.15) |
| Tax | 2.26 | 1.49 | 0.04 | (0.34) | (0.21) | (0.19) | 0.67 | (0.33) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 168 | 169 | 161 | 147 | 170 | 106 | 122 |
| Revenue growth | -0.4% | +5.2% | +9.4% | -13.9% | +60.7% | -13.3% | - |
| Other income | 6.80 | 9.66 | 6.34 | 3.16 | 1.57 | 2.62 | 2.84 |
| Total expenses | 161 | 163 | 165 | 155 | 141 | 90.77 | 119 |
| Employee cost | 14.69 | 13.31 | 12.00 | 12.21 | 11.32 | 8.84 | 10.39 |
| EBITDA | 6.93 | 5.84 | (4.62) | (7.90) | 29.89 | 15.25 | 3.48 |
| EBITDA margin | +4.1% | +3.5% | -2.9% | -5.4% | +17.5% | +14.4% | +2.9% |
| Depreciation | 6.43 | 6.67 | 5.90 | 5.43 | 4.35 | 4.22 | 4.71 |
| Interest | 9.47 | 10.47 | 9.09 | 5.51 | 3.78 | 4.43 | 4.79 |
| Profit before tax | (2.17) | (1.64) | (13.27) | (15.68) | 23.33 | 9.22 | (3.18) |
| Tax | (0.70) | (0.39) | (4.14) | (4.83) | 7.90 | 2.47 | (1.02) |
| Net profit | (1.47) | (1.25) | (9.13) | (10.85) | 15.45 | 6.54 | (2.32) |
| Net profit margin | -0.9% | -0.7% | -5.7% | -7.4% | +9.1% | +6.2% | -1.9% |
| EPS (₹) | (1.85) | (1.59) | (11.52) | (13.71) | 19.47 | 8.39 | (2.67) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 7.92 | 7.92 | 7.92 | 7.92 | 7.92 | 8.06 | 8.06 |
| Reserves & surplus | 10.50 | 11.91 | 13.41 | 22.40 | 34.39 | 19.59 | 13.02 |
| Shareholders' funds (net worth) | 18.42 | 19.83 | 21.33 | 30.32 | 42.31 | 27.65 | 21.08 |
| Secured loans | 66.04 | 78.29 | 80.91 | 62.78 | 32.99 | 40.14 | 28.90 |
| Unsecured loans | 0.50 | 0.50 | 0.50 | 0.50 | 5.47 | 3.90 | 3.90 |
| Total debt | 66.54 | 78.79 | 81.41 | 63.28 | 38.46 | 44.04 | 32.80 |
| Total liabilities | 88.55 | 104 | 103 | 93.61 | 80.78 | 71.69 | 53.88 |
| Assets | |||||||
| Gross block | 185 | 185 | 184 | 177 | 138 | 128 | 125 |
| Net block | 56.22 | 61.64 | 67.86 | 65.71 | 32.02 | 27.00 | 25.19 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 1.16 | 8.65 | 0.54 | 0.16 |
| Investments | 0.92 | 0.13 | 0.10 | 0.06 | 0.06 | 0.06 | 0.07 |
| Inventories | 30.33 | 34.08 | 33.24 | 39.60 | 47.26 | 36.47 | 25.52 |
| Sundry debtors | 12.39 | 6.82 | 9.10 | 5.64 | 7.81 | 5.86 | 12.57 |
| Cash & bank balances | 3.23 | 0.14 | 0.38 | 0.26 | 0.29 | 0.63 | 0.78 |
| Loans & advances | 8.63 | 15.82 | 11.83 | 9.84 | 17.75 | 14.35 | 3.77 |
| Total current assets | 54.58 | 56.86 | 54.55 | 55.34 | 73.11 | 57.31 | 42.64 |
| Total current liabilities | 35.09 | 26.07 | 30.82 | 36.43 | 37.00 | 15.87 | 18.25 |
| Net working capital | 19.49 | 30.79 | 23.73 | 18.91 | 36.11 | 41.44 | 24.39 |
| Total assets | 88.55 | 104 | 103 | 93.61 | 80.78 | 71.69 | 53.88 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.08 | (0.21) | 0.13 | 0.16 | (29.40) | (24.45) | (28.26) |
| Net cash from operating activities | 21.27 | 9.14 | 4.26 | 24.89 | 42.80 | 0.60 | 11.76 |
| Net cash from investing activities | 3.20 | 3.28 | (6.39) | (30.62) | (19.48) | (5.55) | (1.81) |
| Net cash from financing activities | (21.36) | (12.63) | 2.29 | 5.70 | 6.36 | (0.15) | (6.14) |
| Net change in cash | 3.11 | (0.21) | 0.15 | (0.03) | 29.69 | (5.10) | 3.81 |
| Closing cash | 3.23 | 0.14 | 0.38 | 0.26 | 0.29 | 0.63 | 0.78 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -0.4% | +5.2% | +9.4% | -13.9% | +60.7% | -13.3% | - |
| EBITDA growth | +18.7% | +226.4% | +41.5% | -126.4% | +96.0% | +338.2% | - |
| PBT growth | -32.3% | +87.6% | +15.4% | - | +153.0% | +9998.0% | - |
| Net income growth | -17.6% | +86.3% | +15.9% | -170.2% | +136.2% | +381.9% | - |
| Revenue CAGR (3Y) | +4.7% | -0.3% | +14.9% | +6.3% | +9.5% | -4.6% | +1.3% |
| EBITDA CAGR (3Y) | - | -42.0% | - | - | +51.1% | +24.2% | -29.7% |
| Profitability & leverage | |||||||
| Net income margin | -0.9% | -0.7% | -5.7% | -7.4% | +9.1% | +6.4% | -1.8% |
| Return on capital employed | +7.6% | +8.4% | -4.3% | -11.7% | +35.6% | +21.7% | +2.8% |
| Return on net worth | -7.7% | -6.1% | -35.4% | -29.9% | +44.1% | +27.7% | -9.5% |
| Debt / equity | 3.80 | 3.89 | 2.80 | 1.40 | 1.18 | 1.58 | 1.60 |
| Long-term debt / equity | 1.68 | 1.91 | 1.56 | 0.86 | 0.39 | 0.19 | 0.14 |
| Interest cover | 1,894.00 | -1,261.45 | -86.41 | -41.34 | 14.80 | 40.16 | -389.43 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.91 | 0.92 | 0.89 | 0.93 | 1.28 | 0.84 | 0.98 |
| Inventory turnover | 5.23 | 5.02 | 4.41 | 3.38 | 4.07 | 3.42 | 3.83 |
| Debtors turnover | 17.53 | 21.23 | 21.80 | 21.83 | 24.93 | 11.51 | 8.93 |
| EPS (₹) | (1.85) | (1.59) | (11.52) | (13.71) | 19.47 | 8.39 | (2.67) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 1.00 | 1.00 | 0.00 |
| Book value per share (₹) | 23.25 | 25.03 | 26.92 | 38.27 | 53.40 | 34.30 | 26.15 |
To see the full year-wise statements and ratios of Maris Spinners Limited, buy the company report.
Board of directors of Maris Spinners Limited
Maris Spinners has 11 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Swaminathan | Director | 21 Jun 2019 | 7 Years 4 Months | Current |
| Parag Harkishon Udani Also directs: E-Commerce Technologies (India) LLP, Pranav Realty and Services LLP, Kaytee Apex LLP and 1 more | Director | 30 May 2019 | 7 Years 5 Months | Current |
| Ananthakumar Dhamayanthi Also directs: Maris Power Supply Company Private Limited | Director | 30 May 2019 | 7 Years 5 Months | Current |
| Harigovind | Whole-Time Director | 01 Nov 2016 | 10 Years 0 Months | Current |
| Adithya Raghuraman Also directs: Krimar Enterprises LLP, Krimar Life Science Private Limited | Whole-Time Director | 09 Jun 2021 | 5 Years 5 Months | Current |
| Sethuraman Kalyanaraman Also directs: S Kalyanaraman & Co LLP, Sarwace Corporation Private Limited | Director | 30 May 2019 | 7 Years 5 Months | Current |
Showing 6 of 11 current directors. View all directors
Peer comparison
Maris Spinners Limited is compared with the 5 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ycd Industries Limited | ₹179.54 Cr (FY 2025) | 2.0% | Muktsar, Punjab, India | |||
| Radhalaxmi Spintex Private Limited | ₹178.86 Cr (FY 2025) | -3.0% | Lakhdhirgadh, Gujarat, India | |||
| Kamadgiri Fashion Limited | ₹178.59 Cr (FY 2025) | -20.0% | Mumbai, Maharashtra, India | |||
| P B M Polytex Limited | ₹178.2 Cr (FY 2025) | -9.0% | Petlad, Gujarat, India | |||
| Silvertech Fibers Private Limited | ₹178.07 Cr (FY 2025) | 10.0% | Rajkot, Gujarat, India | |||
| Maris Spinners Limitedthis company | ₹168.37 Cr (FY 2026) | -₹1.47 Cr | -0.9% | -0.4% | 351 | Chennai, Tamil Nadu, India |
To see the full peer comparison of Maris Spinners Limited, buy the company report.
Auditor
Maris Spinners Limited is audited by RAGHAVAN CHAUDHURI AND NARAYANAN for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAGHAVAN CHAUDHURI AND NARAYANAN | FY 2023 | 007761 |
Shareholding
Shareholding for the quarter ended Mar 2026: promoters hold 74.40%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 25.60%.
Mar 2026
QUARTER
74.40% Promoters
25.60% Retail & Others
Promoter holding - history
Now 74.40% · Mar 2026High 74.40% · Mar 2026Low 74.20% · Jun 2025
Shareholding trend - last 6 quarters
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | |
|---|---|---|---|---|
| Promoters | 74.40% | 74.20% | 74.20% | 74.20% |
| Public | 25.60% | 25.80% | 25.80% | 25.80% |
Charges & borrowings
Open charges
₹156.86 Cr
Satisfied charges
₹101.5 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Mar 2026 | 101279090 | Others | ₹7 Cr | Open | |
| 30 Nov 2023 | 100838361 | Others | ₹15 Cr | Open | |
| 25 Sep 2020 | 100386043 | Others | ₹3.84 Cr | Open | |
| 03 Mar 2014 | 10509398 | Others | ₹50.77 Cr | Open | |
| 21 Jan 2006 | 90291059 | Indian Overseas Bank | ₹79 Cr | Open |
To see the full charge records of Maris Spinners Limited, buy the company report.
Total charge records: 37 View all charges
Deals & funding
Maris Spinners Limited has 9 deals on record (9 market trades); the latest was in August 2026.
Total deals
9
Market trades
9
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2026 | Market trade | ₹23.7 Lakh | Buyer: an individual Seller: an individual |
| Aug 2023 | Market trade | ₹21.4 Lakh | Seller: an individual |
| Jul 2021 | Market trade | ₹58.1 Lakh | Buyer: an individual Seller: Achintya Securities Limited |
| Jul 2021 | Market trade | ₹83 Lakh | Buyer: Achintya Securities Limited Seller: Icici Bank Limited |
| Jul 2021 | Market trade | ₹22.1 Lakh | Seller: Icici Bank Limited |
To see the full deal history of Maris Spinners 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
Maris Spinners Limited has 79 court cases on record: 45 filed by Maris Spinners, 34 filed against it. 12 cases are pending and 67 are disposed.
Total cases
79
Filed by the company
45
Filed against the company
34
Pending
12
Disposed
67
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 51 | 15 | 6 |
| District courts | 27 | 19 | 6 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 79)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Criminal complaint | Filed by the company against Ms.C.R.Mills Coimbatore Pvt. Ltd. and 4 Others | Pending |
| High Court of Karnataka | Appeal | Filed by the company against Chamundeshwari Electricity Supply Corporation | Disposed |
| High Court of Karnataka | Writ petition | Filed against the company by Chamundeshwari Electricity Supply Corporation Ltd | Disposed |
| High Court of Karnataka | Interim or miscellaneous application | Filed against the company by Chamundeshwari Electricity Supply Corporation Ltd | Disposed |
| High Court of Karnataka | Appeal | Filed against the company | Pending |
To see the full case history of Maris Spinners 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.
Credit ratings & regulatory alerts
Maris Spinners Limited was last rated by Icra on 25 Sep 2017.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 25 Sep 2017 |
To see the full credit ratings and regulatory alerts of Maris Spinners Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Maris Spinners Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Maris Spinners Limited has a workforce of 351 employees on its EPFO records as of Apr 06, 2024, across 3 active EPFO establishments.
Employee count
351
Active EPFO establishments
3
Employee growth
1.15%
GST
Maris Spinners has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACM9874F1ZB | Tamil Nadu | Active | 01 Jul 2017 |
| 29AAACM9874F1Z0 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Maris Spinners Limited, buy the company report.
Recent activity
Maris Spinners Limited has 25 board changes on record since 1995: 12 appointments and 13 cessations. The latest: Ramalingam Thangamariappan was appointed as Additional Director on 01 Aug 2025.
Filing
Maris Spinners Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Chennai.
Charges
A charge with Others amounted to Rs. 7.00 Cr with Charge ID 101279090 was registered on 30 Mar 2026.
AGM
Maris Spinners Limited last Annual general meeting of members was held on 29 Aug 2025 as per latest MCA records.
Appointed
Ramalingam Thangamariappan was appointed as Additional Director.
Appointed
Ramasamy Sethuraman Ganappathi was appointed as Additional Director.
Appointed
Viswanathan Sumathi was appointed as Additional Director.
Charges
A charge with Others of Rs. 50.77 Cr registered on 03 Mar 2014 with Charge ID 10509398 was modified on 29 Jan 2024.
Charges
A charge with Others amounted to Rs. 15.00 Cr with Charge ID 100838361 was registered on 30 Nov 2023.
Charges
A charge with Indian Overseas Bank of Rs. 79.00 Cr registered on 21 Jan 2006 with Charge ID 90291059 was modified on 28 Jul 2022.
Charges
A charge with Others of Rs. 3.84 Cr registered on 25 Sep 2020 with Charge ID 100386043 was modified on 18 Mar 2022.
Ceased
Adithya Raghuraman ceased to be Additional Director.
Appointed
Adithya Raghuraman was appointed as Whole-Time Director.
97 earlier events are in the company report.
News
Frequently asked questions
Maris Spinners is an active public limited company based in Chennai, Tamil Nadu, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 18 September 1979 (47+ years old) and is registered under CIN L93090TN1979PLC032618. Listed on BSE: 531503.
Maris Spinners reported revenue of ₹168.37 Cr for FY 2025-26 (down 0.4% YoY) based on standalone financials.
Maris Spinners has 11 current directors:
- Thangavelu Raghuraman - Managing Director
- Harigovind - Whole-Time Director
- Adithya Raghuraman - Whole-Time Director
- Swaminathan - Director
- Parag Harkishon Udani - Director
- Ananthakumar Dhamayanthi - Director
- Sethuraman Kalyanaraman - Director
- Thangavelu Jayaraman - Director
- Ramalingam Thangamariappan - Additional Director
- Ramasamy Sethuraman Ganappathi - Additional Director
- Viswanathan Sumathi - Additional Director
The latest financial statements of Maris Spinners on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 29 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Maris Spinners is 33AAACM9874F1ZB, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AAACM9874F1Z0 (Karnataka).
The CIN (Corporate Identification Number) of Maris Spinners is L93090TN1979PLC032618. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Maris Spinners is a listed company as per MCA records. Its shares are listed on BSE (code: 531503).
Maris Spinners has 79 court cases on record: 45 filed by the company and 34 filed against it. 12 are pending. Most are in the high courts.
Maris Spinners was incorporated on 18 September 1979, making it 47+ years old. It is registered with the Registrar of Companies, Chennai.
Maris Spinners has 9 deals on record (9 market trades); the latest was in August 2026.
The peers of Maris Spinners by revenue are Ycd Industries Limited, Radhalaxmi Spintex Private Limited, Kamadgiri Fashion Limited, P B M Polytex Limited, Silvertech Fibers Private Limited, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
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