Aro Granite Industries Limited

Specializes in customized granite slabs and tiles for international markets with various finishes and colors.

1988 | South Delhi, Delhi (India) | Active
Last Updated: June 20, 2024

Aro Granite Industries Profile

Key Indicators

  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 15.30 Cr
  • Company Age 36 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 613.11 Cr
  • Satisfied Charges ₹ 328.48 Cr
  • Revenue Growth -27.27%
  • Profit Growth -164.99%
  • Ebitda -36.66%
  • Net Worth -2.96%
  • Total Assets -0.22%

About Aro Granite Industries

Aro Granite Industries Limited (AGIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 03 May 1988 and has a history of 36 years and eight months. Its registered office is in South Delhi, Delhi, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 513729 and on the National Stock Exchange(NSE) under AROGRANITE.

The Corporate was formerly known as Aro Granite Industries P Limited. The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 20.00 Cr and a paid-up capital of Rs 15.30 Cr.

The company currently has active open charges totaling ₹613.11 Cr. The company has closed loans amounting to ₹328.48 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Aro Granite Industries Limited India are Madangopal Mahadevan as CFO and Sabyasachi Panigrahi as Company Secretary. Sundareshwara Gangadhara, Sujata Arora, Sahil Arora, and Three other members serve as directors at the Company.

Company Details

  • Location

    South Delhi, Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L74899DL1988PLC031510

  • Company No.

    031510

  • Stock Symbol

    BSE : 513729 NSE : AROGRANITE

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    03 May 1988

  • Date of AGM

    08 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Delhi

Industry

Manufacturing

What products or services does Aro Granite Industries Limited offer?

Aro Granite Industries Limited offers a wide range of products and services, including Granite, Marble, Sandstone & Others, Granite, Blue Granite, Brown Granite, Tan Brown Granite, Granite Slab, Green Granite Slab, Black Granite, Black Galaxy Granite Slab, Gold Granite.

Who are the key members and board of directors at Aro Granite Industries?

Executive Team (3)

NameDesignationAppointment DateStatus
Madangopal Mahadevan Country flag representing In CFO10-Aug-2019Current
Sabyasachi Panigrahi Country flag representing In Company Secretary16-Aug-1997Current
Sunil Arora Country flag representing In Managing Director03-May-1988Current

Board Members (5)

NameDesignationAppointment DateStatus
Sundareshwara Gangadhara Country flag representing In Director 07-Jun-2005Current
Sujata Arora Country flag representing In Director 22-Mar-2006Current
Sahil Arora Country flag representing In Whole-Time Director 28-Oct-2017Current
Vanita Sood Country flag representing In Director 31-Oct-2014Current
Dinesh Kothari Country flag representing In Director 07-Jun-2005Current

Financial Performance of Aro Granite Industries.

Aro Granite Industries Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 27.27% decrease. The company also saw a substantial fall in profitability, with a 164.99% decrease in profit. The company's net worth dipped by a decrease of 2.96%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-27.27%
Revenue from Operations
-27.07%
Total Assets
-0.22%
Profit or Loss
-164.99%
Net Worth
-2.96%
EBITDA
-36.66%

What is the Ownership and Shareholding Structure of Aro Granite Industries?

In 2023, Aro Granite Industries had a promoter holding of 41.06% and a public holding of 58.94%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹613.11 Cr

Satisfied Charges

₹328.48 Cr

Charges Breakdown by Lending Institutions

  • Others : 565.11 Cr
  • Hdfc Bank Limited : 48.00 Cr

Latest Charge Details

DateLenderAmountStatus
07 Jun 2022Hdfc Bank Limited₹8.00 CrOpen
23 Feb 2022Others₹12.00 CrOpen
16 Jun 2021Others₹24.00 CrOpen
28 Aug 2020Hdfc Bank Limited₹40.00 CrOpen
14 Aug 2018Others₹170.32 CrOpen

How Many Employees Work at Aro Granite Industries?

Aro Granite Industries has a workforce of 493 employees as of Mar 25, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Aro Granite Industries, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Aro Granite Industries's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Aro Granite Industries

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 12.00 Cr registered on 23 Feb 2022 with Charge ID 100538083 was modified on 19 Sep 2023.

    19 Sep 2023

  • Charges

    A charge with Others of Rs. 24.00 Cr registered on 16 Jun 2021 with Charge ID 100451862 was modified on 19 Sep 2023.

    19 Sep 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 40.00 Cr registered on 28 Aug 2020 with Charge ID 100367597 was modified on 19 Sep 2023.

    19 Sep 2023

  • Charges

    A charge with Others of Rs. 188.47 Cr registered on 17 May 2017 with Charge ID 100102953 was modified on 19 Sep 2023.

    19 Sep 2023

  • Annual General Meeting

    Aro Granite Industries Limited last Annual general meeting of members was held on 08 Sep 2023 as per latest MCA records.

    08 Sep 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 8.00 Cr registered on 07 Jun 2022 with Charge ID 100587043 was modified on 30 Jun 2023.

    30 Jun 2023

Frequently asked questions

  • Aro Granite Industries Limited was incorporated on 03 May 1988.

  • The authorized share capital of Aro Granite Industries Limited is ₹ 20.00 Cr and paid-up capital is ₹ 15.30 Cr.

  • Currently 8 directors are associated with Aro Granite Industries Limited.

    • Madangopal Mahadevan
    • Sabyasachi Panigrahi
    • Sundareshwara Gangadhara
    • Sujata Arora
    • Sahil Arora
    • Sunil Kumar Arora
    • Vanita Sood
    • Dinesh Chandra Kothari
  • As per Ministry of Corporate Affairs (Mca), the registered address of Aro Granite Industries Limited is 1001 10Th Floor, Dlf Tower A Jasola, New Delhi, India, 110025.

  • The corporate identification number (CIN) of Aro Granite Industries Limited is L74899DL1988PLC031510 and the company number is 031510 as per Ministry of Corporate Affairs (MCA).

  • Yes, Aro Granite Industries Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): AROGRANITE.

  • The Official website of Aro Granite Industries Limited is https://www.arotile.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Aro Granite Industries Limited has fallen by -27.27%.

  • As Per 2023 financial reports, 493 employees are currently employed by Aro Granite Industries Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Aro Granite Industries Limited has experienced an downturn of -2.96%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Aro Granite Industries Limited amount to ₹ 613.11 Cr.

  • The most recent Balance Sheet for Aro Granite Industries Limited was filed with the ROC on 31 Mar 2023.

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