What we do Maruti Interior Products Ltd manufactures and sells modular kitchen accessories, storage solutions, and wardrobe handles with a focus on innovative, high-quality products for domestic and export markets. |
Founded in 1,997 |
Market share Recognized leader in modular kitchen accessories with over 300 dealers and 25 distributors across India and international presence in Uganda and Austria. |
Problem solved Provides efficient modular kitchen and storage solutions enhancing space utilization and organization in residential and commercial settings. |
Top clients or who we serve Serves major MNCs like Godrej, Hafele India, Kaff Appliances, Walmart, Homelane; B2B and B2C customers nationwide. |
Key management Paresh Purushotam Lunagaria, Managing Director and Chairman; Kunal Jitendra Patel, Independent Director. |
Our journey and innovations Started with M.S. wire products in 2000, expanded to stainless steel, innovated designs, launched brands Everyday Kitchen Storage Accessories and Spitze by Everyday. |
Where we operate India (pan-India); exports to Uganda and plans expansion in Austria. |
Top products or what we offer Modular kitchen storage systems, vertical storages, corner storages, wire racks, wardrobe handles, and custom wire-formed products. |
Top brands Everyday Kitchen Storage Accessories (economic range), Spitze by Everyday (premium range), OEM products for reputed brands. |
Raw materials needed Stainless steel, aluminium, wooden materials, sheet metal components, chemicals for plating. |
Raw materials supplier Not specified in provided data. |
Recurring vs cyclical contribution Revenue largely recurring from continuous product sales through dealers, distributors and OEM contracts. |
Our industry position Leading manufacturer in modular kitchen and storage accessories with extensive distribution and export foothold. |
Financial highlights FY2024-25 standalone revenue Rs.43.7 Cr, Net Profit Rs.4.84 Cr; 16% revenue growth year-over-year; EPS Rs.3.19. |
Geographical revenue split Primarily India; export markets include Uganda and Austria (in process). |
Order book - |
Whats driving growth Growing modular kitchen market demand, product innovation, expanded distribution network, and diversified OEM partnerships. |
Our future plans Expand exports, enhance DIY product range, strengthen online sales, and innovate product designs. |
Our green promise Active environmental protection with low waste, reduced toxic pollution and energy-efficient processes certified by TUV Nord. |
Our people and values 88 permanent employees fostering ethical conduct and professionalism; strong code of conduct and whistleblower policy. |
Key challenges ahead Competition, supply chain stability, maintaining innovation and scaling exports. |
Interesting facts Operates a 100,000 sq. ft. factory certified by TUV Nord with in-house design and quality testing labs. |
Risks and strategy Managing market competition and operational risks through innovation, strict quality control, and strong governance. |
