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Morarjee Textiles Ltd.

Morarjee Textiles

NSE

0.00

0.00 (0.00)%

Textiles

Small-cap

With a market cap of ₹18.90L Cr.

Moderate Volatility
Stock is 1.13x as volatile as index
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Subsidiaries

Piramal Enterprises Ltd.
PEL
NSE
Finance - NBFC
0.00
0.00%
Delta Manufacturing Ltd.
DELTAMAGNT
NSE
Electric Equipment
0.00
0.00%
Swastik Safe Deposit & Investments Ltd.
N/A
NSE
Finance - NBFC
0.00
0.00%
Morarjee Textiles Ltd.
MORARJEE
NSE
Textile - Weaving
0.00
0.00%
Peninsula Land Ltd.
PENINLAND
NSE
Construction - Real Estate
0.00
0.00%

Management

1. Urvi A Piramal
Chairperson
2. Harshvardhan A Piramal
Vice Chairman
3. Amresh Narayan
Whole Time Director & CEO
4. AK Singh
Non Executive Independent Director
5. Alpana Piramal Chinai
Non Executive Independent Director
6. Archit Jayakar
Non Executive Independent Director
7. Devesh Dadheech
Non Executive Independent Director
8. Nishthi Dharmani
Company Secretary & Compliance Officer
8. Kishor Dhage
Additional Director
9. Kishor Dhage
Compliance Officer

Contact Information

Company Address

Peninsula Corporate Park, Unit 5, Ground Floor Tower 1, Wing B, Ganpatrao Kadam Marg, Lower Parel
Mumbai, Maharashtra - 400013
www.morarjee.com
corporatesecretarial@ashokpiramalgroup.com

Registrar

Freedom Registry Ltd
(Formerly Knows as Amtrac Management Services Ltd),Plot No.101/102, MIDCSatpur, Nashik 422007.Tel: (025312354032,2351892Fax: I025312351126E-mail: amtrac_nsk@sancharnet.in
Phone: 0253-354032/351892
Email: support@freedomregistry.co.in
Website:
Purva Shareregistry (India) Pvt Ltd
Gala No 9, Shiv Shakti, Industrial EstateSitaram Mill Compound, J R Boricha Marg
Phone: 91-022 - 23016761 / 022 - 23018261
Email: support@purvashare.com
Website: www.purvashare.com

Company Profile

Morarjee Textiles (MTL) is a successful member of the diversified Ashok Piramal Group (APG). Carrying forward the legacy of the erstwhile Morarjee Goculdas Spinning & Weaving Co. Ltd since 1871, MTL is among the oldest textile units in the country and was the Ashok Piramal Group's first industrial enterprise when they took over in 1934.

Morarjee Textiles (MTL) is a leading player in the premium shirting fabric business and high fashion printed fabric business for global markets. It has completely integrated manufacturing plants with spinning, weaving, printing, processing and packing facilities. Its products are in the high value niche segment. MTL has two divisions - the shirting division and the printed fabric division.

MTL’s competitive advantage lies in its innovative design, product development and flexible service offering. It makes premium voiles and high fashion printed fabrics for the Middle East, Far East, North African and European markets.

Its customer base is spread across 20 countries around the globe and is growing fast. Today it offers premium cotton shirting fabrics to most of the leading Indian and International brands. MTL also has a 49% stake in Just Textiles Ltd. which is currently engaged in the business of processing various textile fabrics with modern machinery installed at its factory in Ambernath, Mumbai.

To ensure growth and provide value to its stakeholders, MTL has recently entered the garments business in mid 2004 by establishing a subsidiary company - Integra Apparels & Textiles Pvt. Ltd. The business already has an impressive client list and is growing rapidly.

Product range of the company includes:

  • Shirtings- Morarjee Textiles provides shirting fabric to a worldwide audience. It specializes in premium color woven and distinctive finish to fabrics and meet the niche requirements and exacting specifications of its clientele.
  • Fashion- Apart from India, its fashion fabrics find favour with various renowned names from Europe, the US, and Australia. Its core qualities are evident in the array of fabrics in fine counts, 100% cotton satins, and premium voiles.
  • Traditional - Morarjee Textiles caters to the Middle East and African subcontinent along with the conversion centers in Europe and Far East for its traditional ensembles.

Clientele:

Morarjee Textiles Ltd. has left an indelible impression on the global fashion industry. Today, it is  the preferred choice of premium brands such as Polo Ralph Lauren, Eddie Bauer, DKNY, GAP, Paul Smith, Zodiac, Louis Phillipe, Van Heusen, Zara among others.

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