Glittek Granites Limited

Exports granite tiles and slabs with an annual capacity of 126,000 square meters.

1990 | Bangaluru, Karnataka (India) | Active
Last Updated:

Glittek Granites Profile

Key Indicators

  • Authorised Capital ₹ 14.00 Cr
  • Paid Up Capital ₹ 13.29 Cr
  • Company Age 34 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 16.99 Cr
  • Satisfied Charges ₹ 6.71 Cr
  • Revenue Growth 46.94%
  • Profit Growth 66.24%
  • Ebitda 462.44%
  • Net Worth -5.98%
  • Total Assets 5.67%

About Glittek Granites

Glittek Granites Limited (GGL) is a leading Public Limited Indian Non-Government Company incorporated in India on 29 October 1990 and has a history of 34 years and five months. Its registered office is in Bangaluru, Karnataka, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 513528.

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 2024. It's a company limited by shares with an authorized capital of Rs 14.00 Cr and a paid-up capital of Rs 13.29 Cr.

The company currently has active open charges totaling ₹16.99 Cr. The company has closed loans amounting to ₹6.71 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Glittek Granites Limited India are Lata Damani as COMPANY SECRETARY and Ashok Modi as Cfo. Ashoke Agarwal, Manish Killa, Tushar Agarwal, and Two other members serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L14102KA1990PLC023497

  • Company No.

    023497

  • Stock Symbol

    BSE : 513528

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    29 Oct 1990

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Bangalore

Industry

Manufacturing

What products or services does Glittek Granites Limited offer?

Glittek Granites Limited offers a wide range of products and services, including Minerals and Ores, Quartz Ore, Granite, Marble, Sandstone & Others, Gold Granite, Marbles, Marble Slabs, Granite, Paradiso Bash Granite, Stone Tiles, Granite Tiles.

Company report

Glittek Granites Limited

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

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

Executive Team (4)

NameDesignationAppointment DateStatus
Tushar Agarwal Country flag representing In Managing Director07-Feb-2022Current
Lata Damani Country flag representing In Company Secretary02-Apr-2011Current
Ashok Modi Country flag representing In CFO01-Apr-2014Current
Ashoke Agarwal Country flag representing In Managing Director29-Oct-1990Current

Board Members (3)

NameDesignationAppointment DateStatus
Manish Killa Country flag representing In Additional Director 20-Nov-2024Current
Siddhartha Agarwal Country flag representing In Director 21-Sep-2024Current
Malvika Sureka Country flag representing In Director 07-Feb-2022Current

Financial Performance of Glittek Granites.

Glittek Granites Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 46.94% increase. The company also saw a substantial improvement in profitability, with a 66.24% increase in profit. The company's net worth dipped by a decrease of 5.98%.

Glittek Granites revenue growth over time
Glittek 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
46.94%
Revenue from Operations
46.44%
Total Assets
5.67%
Profit or Loss
66.24%
Net Worth
-5.98%
EBITDA
462.44%

What is the Ownership and Shareholding Structure of Glittek Granites?

In 2022, Glittek Granites had a promoter holding of 63.44% and a public holding of 36.54%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹16.99 Cr

Satisfied Charges

₹6.71 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 16.99 Cr

Latest Charge Details

DateLenderAmountStatus
15 Dec 1999State Bank Of India₹16.99 CrOpen
12 Jun 2014Hdfc Bank Limited₹2.05 MSatisfied
20 May 2014Hdfc Bank Limited₹2.36 MSatisfied
07 May 2014Hdfc Bank Limited₹1.29 MSatisfied
07 May 2014Hdfc Bank Limited₹2.36 MSatisfied

How Many Employees Work at Glittek Granites?

Glittek Granites has a workforce of 37 employees as of Apr 05, 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 Glittek Granites Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Glittek 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 Glittek 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 Glittek Granites

Recent activity within the organization

  • Director Appointment

    Manish Killa was appointed as a Additional Director was appointed as a Additional Director on 20 Nov 2024 & has been associated with this company since 4 months 19 days .

  • Annual General Meeting

    Glittek Granites Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

  • Director Appointment

    Siddhartha Agarwal was appointed as a Director was appointed as a Director on 21 Sep 2024 & has been associated with this company since 6 months 18 days .

  • Charges

    A charge with State Bank Of India of Rs. 16.99 Cr registered on 15 Dec 1999 with Charge ID 80007543 was modified on 22 Apr 2024.

  • Balance Sheet

    Glittek Granites Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

  • Director Appointment

    Tushar Agarwal was appointed as a Managing Director was appointed as a Managing Director on 07 Feb 2022 & has been associated with this company since 3 years 2 months .

Frequently asked questions

  • What is the Incorporation or founding date of Glittek Granites Limited?

    Glittek Granites Limited was incorporated on 29 Oct 1990.

  • What is authorized share capital and paid-up capital of Glittek Granites Limited?

    The authorized share capital of Glittek Granites Limited is ₹ 14.00 Cr and paid-up capital is ₹ 13.29 Cr.

  • Who are the current board members & directors of Glittek Granites Limited?

    Currently 7 directors are associated with Glittek Granites Limited.

    • Lata Damani
    • Ashok Kumar Modi
    • Ashoke Agarwal
    • Manish Killa
    • Tushar Agarwal
    • Siddhartha Agarwal
    • Malvika Sureka

  • What is the registered address of Glittek Granites Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Glittek Granites Limited is Honnappa Building 2Nd Floor V.V. Extension Behind Mcm Iti College, Old Madras Road India, Hosakote, Karnataka, 562114.

  • What is the corporate identification number (CIN) and company number of Glittek Granites Limited?

    The corporate identification number (CIN) of Glittek Granites Limited is L14102KA1990PLC023497 and the company number is 023497 as per Ministry of Corporate Affairs (MCA).

  • Is Glittek Granites Limited registered with any stock exchange in India?

    Yes, Glittek Granites Limited is registered on Bombay Stock Exchange (BSE).

  • What is the official website of Glittek Granites Limited?

    The Official website of Glittek Granites Limited is https://www.glittek.com

  • What has been the recent revenue trend for Glittek Granites Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Glittek Granites Limited has risen by 46.94%.

  • How many employees does Glittek Granites Limited currently have?

    As Per 2023 financial reports, 37 employees are currently employed by Glittek Granites Limited.

  • What change has been observed in the net worth of Glittek Granites Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Glittek Granites Limited has experienced an downturn of -5.98%.

  • What are the total open charges for Glittek Granites Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Glittek Granites Limited amount to ₹ 16.99 Cr.

  • When was the last Balance Sheet of Glittek Granites Limited filed with the ROC?

    The most recent Balance Sheet for Glittek Granites Limited was filed with the ROC on 31 Mar 2024.

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