₹53.39
▼ -2.81 -5.00%
18 Jul 2026
NSE Listed · Consumer Cyclical
ESM 1Maral Overseas Ltd. (MARALOVER)
20-day avg volume: 5K shares
- Healthy return on equity of 348.6%.
- Company is almost debt-free.
- Company is loss-making at the latest annual result.
- Stock trades at a high P/E of 57.
| Metric | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹251 Cr | ₹271 Cr | ₹250 Cr | ₹275 Cr | ₹226 Cr | ₹250 Cr | ₹247 Cr | ₹258 Cr |
| EBITDA | ₹3 Cr | ₹2 Cr | ₹-3 Cr | ₹8 Cr | ₹-3 Cr | ₹6 Cr | ₹16 Cr | ₹20 Cr |
| Net Profit | ₹-6 Cr | ₹-7 Cr | ₹-11 Cr | ₹0 Cr | ₹-13 Cr | ₹-3 Cr | ₹5 Cr | ₹13 Cr |
| EPS | — | — | — | — | — | — | — | — |
| Metric | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹653 Cr | ₹772 Cr | ₹693 Cr | ₹640 Cr | ₹1,105 Cr | ₹1,041 Cr | ₹983 Cr | ₹1,070 Cr |
| EBITDA | ₹19 Cr | ₹30 Cr | ₹0 Cr | ₹37 Cr | ₹114 Cr | ₹5 Cr | ₹25 Cr | ₹11 Cr |
| Net Profit | ₹1 Cr | ₹8 Cr | ₹-15 Cr | ₹13 Cr | ₹67 Cr | ₹-16 Cr | ₹-10 Cr | ₹-24 Cr |
| EPS | 0.24 | 1.96 | -3.68 | 3.02 | 16.14 | -3.84 | -2.35 | -5.83 |
| Metric | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | ₹454 Cr | ₹433 Cr | ₹442 Cr | ₹590 Cr | ₹633 Cr | ₹758 Cr | ₹732 Cr | ₹690 Cr |
| Total Liabilities | ₹353 Cr | ₹349 Cr | ₹344 Cr | ₹424 Cr | ₹492 Cr | ₹626 Cr | ₹623 Cr | ₹580 Cr |
| Equity | ₹101 Cr | ₹84 Cr | ₹98 Cr | ₹166 Cr | ₹141 Cr | ₹132 Cr | ₹109 Cr | ₹111 Cr |
| Total Debt | — | — | — | — | — | — | — | ₹374 Cr |
| Metric | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Operating | ₹39 Cr | ₹62 Cr | ₹18 Cr | ₹62 Cr | ₹74 Cr | ₹90 Cr |
| Investing | ₹-3 Cr | ₹-31 Cr | ₹-90 Cr | ₹-122 Cr | ₹-28 Cr | ₹-7 Cr |
| Financing | ₹-43 Cr | ₹-2 Cr | ₹76 Cr | ₹59 Cr | ₹-48 Cr | ₹-82 Cr |
| Free Cash Flow | ₹35 Cr | ₹32 Cr | ₹-73 Cr | ₹-63 Cr | ₹42 Cr | ₹75 Cr |
Consumer Cyclical · Textile Manufacturing
Maral Overseas Limited manufactures and sell yarns, fabrics, and garments in India, North America, Europe, Gulf and the Middle East, the Far East and South East Asia, Africa, and internationally. The company offers melange, single, double, dyed, combed and carded cotton, polyester/cotton blended, multifold, viscose/birla viscose blends, modal/birla modal and blends, lyocell and blends, bamboo and blends, acrylic and blends, cotton/nylon blends, triblends, miyabi blended, giza, pima/supima, contamination free, BCI, organic cotton, recycle cotton and polyester, compact, slub, injected slub, core spun, eli and zero twist, reverse twist, P/C siro/mock twist, and synthetic and cellulosic blend yarns. Its yarn products are used in various applications, such as circular and socks knitting, flat knits, home furnishing, towel weaving, carpets and rugs, denims, industrial and bottom weight fabrics, suiting and shirts, yarn dyeing, and weaving. The company also provides cotton fabrics in various knits, such as single jersey, rib, interlock, piquet, French rib, pointelle, and autostriper/engineered stripe; honey combs, fleece, plaited and variegated structured, and feeder and engineered stripe fabrics; spandex fabrics in various knits, including single jersey, rib, interlock, piquet, and fleece; special fibers and yarns comprising bamboo and blends, soya and blends, organic cotton, fairtrade certified cotton, polyester, slub fabric, modal/birla modal and blends, and lyocell and blends; and special finishes. In addition, it offers a range of garments consisting of active and casual wear, and sleepwear for men and ladies; fair trade garments and soft toys for infants and kids; and various home accessories. Maral Overseas Limited was incorporated in 1989 and is headquartered in Noida, India.
www.maraloverseas.com ↗As of 2026-06-30
Quarterly — figures in %. Latest 12 quarters.
| Period | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 74.9% | 74.9% | 74.9% | 74.9% | 74.9% | 74.9% | 74.9% | 74.9% | 74.9% | 74.9% | 74.9% | 74.9% |
| FIIs | 0.2% | 0.1% | 0.1% | 0.1% | 0.1% | 0.1% | 0.1% | 0.1% | 0.1% | 0.1% | 0.1% | 0.1% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 24.9% | 25% | 24.9% | 25% | 25% | 24.9% | 25% | 25% | 25% | 25% | 25% | 25% |
| Promoter Pledge | 48% | 48% | 48% | 48% | 48% | 48% | 48% | 48% | 48% | 48% | 48% | 48% |
| No. of Shareholders | 17,320 | 17,369 | 18,507 | 18,020 | 17,650 | 17,083 | 16,904 | 16,800 | 17,048 | 16,917 | 16,640 | 16,502 |
| Period | ROE | ROCE | ROA | P/E |
|---|---|---|---|---|
| 202503 | — | — | — | — |
| Name | Category | Stake | Shares |
|---|---|---|---|
| Agarwal Trademart Private Limited | Shareholding of Promoter and Promoter Group | 47.6% | 1.98 Cr |
| Agarwal Finestate Private Limited | Shareholding of Promoter and Promoter Group | 17.8% | 73,96,056 |
| Diplomat Leasing And Finance Private Limited | Shareholding of Promoter and Promoter Group | 2.7% | 11,35,500 |
| Smt. Shashi Agarwal | Shareholding of Promoter and Promoter Group | 2.5% | 10,37,600 |
| Shri Shekhar Agarwal | Shareholding of Promoter and Promoter Group | 1.8% | 7,55,573 |
| Ajay Upadhyaya | Public Shareholding | 1.7% | 7,21,500 |
| Inter Globe Capital Market Private Limited | Public Shareholding | 1.6% | 6,48,681 |
| Shri Shantanu Agarwal | Shareholding of Promoter and Promoter Group | 1.3% | 5,54,500 |
| Biz Secure Labs Private Limited | Public Shareholding | 1% | 4,21,035 |
| Shekhar Agarwal Huf (karta Shri Shekhar Agarwal) | Shareholding of Promoter and Promoter Group | 1% | 4,03,800 |
| Smt. Shuchi Poddar | Shareholding of Promoter and Promoter Group | 0.1% | 56,100 |
| Shekhar Agarwal-trust (trustee Shri Shekhar Agarwal) | Shareholding of Promoter and Promoter Group | 0% | 2,750 |
| Shantanu Agarwal Huf (karta: Shri Shantanu Agarwal) | Shareholding of Promoter and Promoter Group | 0% | 2,750 |
| Smt. Alka Agarwal | Shareholding of Promoter and Promoter Group | 0% | 4,200 |
| John Govett& Co.limited | Public Shareholding | 0% | 3,300 |
| Morgan Stanleyasset Management Inc. | Public Shareholding | 0% | 700 |
| Robert Flemming Nominees Ltd. | Public Shareholding | 0% | 500 |
| Taib Banksub A/c The Everest Fund | Public Shareholding | 0% | 500 |
| Sssa Family Private Limited (trustee Of Shekhar Agarwal Family Pvt. Trust) | Shareholding of Promoter and Promoter Group | 0% | 100 |
| Sssa Family Private Limited (trustee Of Shuchi Agarwal Family Pvt. Trust) | Shareholding of Promoter and Promoter Group | 0% | 100 |
| Sssa Family Private Limited (trustee Of Shashi Agarwal Family Pvt. Trust) | Shareholding of Promoter and Promoter Group | 0% | 100 |
| Sssa Family Private Limited (trustee Of Shantanu Agarwal Family Pvt. Trust) | Shareholding of Promoter and Promoter Group | 0% | 100 |
| Agf Funds Inc. | Public Shareholding | 0% | 300 |
| Atm Investment Corporation | Public Shareholding | 0% | 200 |
| Fidelity Investmenttrust | Public Shareholding | 0% | 500 |
| Holder | Pledged Shares | % of Holding | As of |
|---|---|---|---|
| Shri Shekhar Agarwal | 7,55,573 | 100% | 2026-06-30 |
| Smt. Shashi Agarwal | 0 | 0% | 2026-06-30 |
| Shri Shantanu Agarwal | 0 | 0% | 2026-06-30 |
| Smt. Shuchi Poddar | 0 | 0% | 2026-06-30 |
| Shekhar Agarwal Huf (karta Shri Shekhar Agarwal) | 4,03,800 | 100% | 2026-06-30 |
| Shekhar Agarwal-trust (trustee Shri Shekhar Agarwal) | 0 | 0% | 2026-06-30 |
| Shantanu Agarwal Huf (karta: Shri Shantanu Agarwal) | 0 | 0% | 2026-06-30 |
| Smt. Alka Agarwal | 0 | 0% | 2026-06-30 |
| Agarwal Trademart Private Limited | 1.38 Cr | 69.8% | 2026-06-30 |
| Diplomat Leasing And Finance Private Limited | 0 | 0% | 2026-06-30 |
| Agarwal Finestate Private Limited | 0 | 0% | 2026-06-30 |
| Sssa Family Private Limited (trustee Of Shekhar Agarwal Family Pvt. Trust) | 0 | 0% | 2026-06-30 |
| Name | Designation | Year |
|---|---|---|
| Shekar Agarwal | CMD & Executive Director | 2025 |
| Ravi Jhunjhunwala | Non Executive Director | 2025 |
| SHANTANU AGARWAL | ED / Joint MD / Promoter | 2025 |
| Archana Capoor | Independent Non Exe. Director | 2025 |
| AMITABH GUPTA | Independent Non Exe. Director | 2025 |
| Romi Jatta | Independent Non Exe. Director | 2025 |
| Raman Sidhu | Independent Non Exe. Director | 2025 |
| Mr. Sandeep Singh | Company Sec. & Compli. Officer | 2025 |
| Suman Jyoti Khaitan | Additional Director | 2025 |
| Segment | Revenue | Share |
|---|---|---|
| Yarn | ₹542 Cr | 51.8% |
| Fabric | ₹271 Cr | 25.8% |
| Textile Made-Ups | ₹234 Cr | 22.4% |
| Region | Revenue | Share |
|---|---|---|
| India | ₹583 Cr | 55.7% |
| North America | ₹41 Cr | 4% |
| Europe | ₹135 Cr | 12.9% |
| Gulf & Middle east | ₹4 Cr | 0.4% |
| Far East & South east Asia | ₹192 Cr | 18.4% |
| Africa | ₹90 Cr | 8.6% |
| Rest of the world | ₹1 Cr | 0.1% |
| Year | Face Value | Authorised | Issued | Paid-up |
|---|---|---|---|---|
| 2025 | ₹10 | 44 | 42 | 42 |
| Year | Subsidiaries | Associates | JV | KMP | Others | Total |
|---|---|---|---|---|---|---|
| 2025 | 0 | 0 | 0 | 5 | 46 | 51 |
| 2025 | 0 | 0 | 0 | 0 | 11 | 11 |
| 2025 | 0 | 0 | 0 | 0 | 1 | 1 |
4 recent disclosure(s)
14 disclosure(s)
📍 Maral Sarovar V&PO Khalbujurg, Kasrawad Tehsil, Khargone, Madhya Pradesh, 451660
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