Eastern Granites Ltd.

Manufactures and exports various types of granite, including raw and finished slabs.

1989 | Krishna, Andhra Pradesh (India) | Active
Last Updated:

Eastern Granites Profile

Key Indicators

  • Authorised Capital ₹ 20.50 Cr
  • Paid Up Capital ₹ 14.34 Cr
  • Company Age 35 Year, 6 Months
  • Last Filing with ROC 31 Mar 2018
  • Open Charges ₹ 4.18 Cr
  • Satisfied Charges ₹ 4.15 Cr
  • Revenue Growth -99.31%
  • Profit Growth 13.74%
  • Ebitda 47.51%
  • Net Worth -11.17%
  • Total Assets -5.31%

About Eastern Granites

Eastern Granites Ltd. (EGL) is a Public Limited Indian Non-Government Company incorporated in India on 07 November 1989 and has a history of 35 years and six months. Its registered office is in Krishna, Andhra Pradesh, India.

The Company is engaged in the Metals And Minerals Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2018. It's a company limited by shares with an authorized capital of Rs 20.50 Cr and a paid-up capital of Rs 14.34 Cr.

The company currently has active open charges totaling ₹4.18 Cr. The company has closed loans amounting to ₹4.15 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ranga Nimmagadda, Sri Nimmagadda, and Muppala Srikanth serve as directors at the Company.

Company Details

  • Location

    Krishna, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U14102AP1989PLC010640

  • Company No.

    010640

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    07 Nov 1989

  • Date of AGM

    26 Sep 2018

  • Date of Balance Sheet

    31 Mar 2018

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Metals and Minerals
Company report

Eastern Granites Ltd.

Explore comprehensive data for Eastern Granites Ltd., including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Eastern Granites?

Board Members (3)

NameDesignationAppointment DateStatus
Ranga Nimmagadda Country flag representing In Director 30-Mar-2009Current
Sri Nimmagadda Country flag representing In Director 27-Dec-2012Current
Muppala Srikanth Country flag representing In Additional Director 29-Mar-2019Current

Financial Performance of Eastern Granites.

Eastern Granites Ltd., for the financial year ended 2018, experienced significant reduction in revenue, with a 99.31% decrease. The company also saw a substantial improvement in profitability, with a 13.74% increase in profit. The company's net worth observed a substantial decline by a decrease of 11.17%.

Eastern Granites revenue growth over time
Eastern Granites 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
-99.31%
Revenue from Operations
Total Assets
-5.31%
Profit or Loss
13.74%
Net Worth
-11.17%
EBITDA
47.51%

What is the Ownership and Shareholding Structure of Eastern Granites?

In 2018, Eastern Granites had a promoter holding of 33.98% and a public holding of 66.02%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹4.18 Cr

Satisfied Charges

₹4.15 Cr

Charges Breakdown by Lending Institutions

  • Uco Bank : 4.18 Cr

Latest Charge Details

DateLenderAmountStatus
02 Jun 2010Uco Bank₹1.76 MOpen
10 Nov 2009Uco Bank₹4.00 CrOpen
12 Mar 1994State Bank Of India₹2.50 CrSatisfied
11 Aug 1993Asset Reconstruction Company (India) Limited₹7.50 MSatisfied
15 Mar 1993State Bank Of India₹9.00 MSatisfied

How Many Employees Work at Eastern Granites?

Eastern Granites has a workforce of 0 employees as of Apr 08, 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.

Employee growth trends for Eastern Granites Ltd.

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Eastern Granites, 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 Eastern Granites'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 Eastern Granites

Recent activity within the organization

  • Director Appointment

    Muppala Srikanth was appointed as a Additional Director was appointed as a Additional Director on 29 Mar 2019 & has been associated with this company since 6 years 1 month .

  • Annual General Meeting

    Eastern Granites Ltd. last Annual general meeting of members was held on 26 Sep 2018 as per latest MCA records.

  • Balance Sheet

    Eastern Granites Ltd. has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Vijayawada.

  • Director Appointment

    Sri Kishan Nimmagadda was appointed as a Director was appointed as a Director on 27 Dec 2012 & has been associated with this company since 12 years 4 months .

  • Charges

    A charge with Uco Bank amounted to Rs. 0.18 Cr with Charge ID 10222268 was registered on 02 Jun 2010.

  • Charges

    A charge with Uco Bank amounted to Rs. 4.00 Cr with Charge ID 10185120 was registered on 10 Nov 2009.

Frequently asked questions

  • What is the Incorporation or founding date of Eastern Granites Ltd.?

    Eastern Granites Ltd. was incorporated on 07 Nov 1989.

  • What is authorized share capital and paid-up capital of Eastern Granites Ltd.?

    The authorized share capital of Eastern Granites Ltd. is ₹ 20.50 Cr and paid-up capital is ₹ 14.34 Cr.

  • Who are the current board members & directors of Eastern Granites Ltd.?

    Currently 3 directors are associated with Eastern Granites Ltd..

    • Ranga Rao Nimmagadda
    • Sri Kishan Nimmagadda
    • Muppala Srikanth

  • What is the registered address of Eastern Granites Ltd.?

    As per Ministry of Corporate Affairs (Mca), the registered address of Eastern Granites Ltd. is 59/A-1-1-2K.P.Nagar, Vijayawada India, A.P., Andhra Pradesh, 520008.

  • What is the corporate identification number (CIN) and company number of Eastern Granites Ltd.?

    The corporate identification number (CIN) of Eastern Granites Ltd. is U14102AP1989PLC010640 and the company number is 010640 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Eastern Granites Ltd.?

    According to the financial reports for the fiscal year 2018, the revenue trend for Eastern Granites Ltd. has fallen by -99.31%.

  • What change has been observed in the net worth of Eastern Granites Ltd., and by what percentage?

    The financial reports for the fiscal year 2018 indicates that The net worth of Eastern Granites Ltd. has experienced an downturn of -11.17%.

  • What are the total open charges for Eastern Granites Ltd.?

    As per the financial statements for fiscal Year 2018, The total open charges for Eastern Granites Ltd. amount to ₹ 4.18 Cr.

  • When was the last Balance Sheet of Eastern Granites Ltd. filed with the ROC?

    The most recent Balance Sheet for Eastern Granites Ltd. was filed with the ROC on 31 Mar 2018.

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