Gorani Industries Limited

This company produces and sells kitchen and home appliances under two brand names, using a distribution network in India.

1995 | Indore, Madhya Pradesh (India) | Active
Last Updated: June 21, 2024

Gorani Industries Profile

Key Indicators

  • Authorised Capital ₹ 18.00 Cr
  • Paid Up Capital ₹ 5.36 Cr
  • Company Age 29 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 11.63 Cr
  • Satisfied Charges ₹ 4.80 Cr
  • Revenue Growth 47.52%
  • Profit Growth -9.91%
  • Ebitda -9.79%
  • Net Worth 16.28%
  • Total Assets 35.76%

About Gorani Industries

Gorani Industries Limited (GIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 14 March 1995 and has a history of 29 years and 11 months. Its registered office is in Indore, Madhya Pradesh, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 531608.

The Company is engaged in the Consumer Electronics & Durables 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 18.00 Cr and a paid-up capital of Rs 5.36 Cr.

The company currently has active open charges totaling ₹11.63 Cr. The company has closed loans amounting to ₹4.80 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Gorani Industries Limited India are Arpit Garg as CFO and Sachi Samaria as Company Secretary. Sanjay Gorani, Nakul Gorani, Komal Motwani, and Three other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    L28121MP1995PLC009170

  • Company No.

    009170

  • Stock Symbol

    BSE : 531608

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    14 Mar 1995

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Gwalior

Industry

Consumer Electronics & Durables

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

Executive Team (3)

NameDesignationAppointment DateStatus
Sanjay Gorani Country flag representing In Managing Director14-Mar-1995Current
Arpit Garg CFO15-Nov-2022Current
Sachi Samaria Company Secretary06-Apr-2022Current

Board Members (5)

NameDesignationAppointment DateStatus
Nakul Gorani Country flag representing In Whole-Time Director 20-Mar-2013Current
Geet Gorani Country flag representing In Director 11-Jan-2023Current
Ayush Shukla Country flag representing In Director 12-Feb-2021Current
Komal Motwani Country flag representing In Director 01-Oct-2015Current
Raina Goyal Country flag representing In Director 01-Jan-2019Current

Financial Performance of Gorani Industries.

Gorani Industries Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 47.52% increase. The company also saw a slight decrease in profitability, with a 9.91% decrease in profit. The company's net worth Soared by an impressive increase of 16.28%.

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
47.52%
Revenue from Operations
46.23%
Total Assets
35.76%
Profit or Loss
-9.91%
Net Worth
16.28%
EBITDA
-9.79%

What is the Ownership and Shareholding Structure of Gorani Industries?

In 2023, Gorani Industries had a promoter holding of 62.26% and a public holding of 37.74%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹11.63 Cr

Satisfied Charges

₹4.80 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 10.73 Cr
  • Madhya Pradesh Financial Corporation : 0.90 Cr

Latest Charge Details

DateLenderAmountStatus
22 Oct 2019Axis Bank Limited₹10.73 CrOpen
22 Mar 1996Madhya Pradesh Financial Corporation₹9.00 MOpen
23 Jan 2019Yes Bank Limited₹2.99 MSatisfied
29 Nov 1997Central Bank Of India₹5.00 MSatisfied
28 Feb 1997Others₹2.00 CrSatisfied

How Many Employees Work at Gorani Industries?

Gorani Industries has a workforce of 220 employees as of Apr 04, 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 Gorani 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 Gorani 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 Gorani Industries

Recent activity within the organization

  • Annual General Meeting

    Gorani Industries Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Balance Sheet

    Gorani Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Gwalior.

    31 Mar 2023

  • Charges

    A charge with Axis Bank Limited of Rs. 10.73 Cr registered on 22 Oct 2019 with Charge ID 100301275 was modified on 28 Mar 2023.

    28 Mar 2023

  • Director Appointment

    Geet Gorani was appointed as a Director was appointed as a Director on 11 Jan 2023 & has been associated with this company since 2 years 1 month .

    11 Jan 2023

  • Charges

    A charge registered on 23 Jan 2019 via Charge ID 100236978 with Yes Bank Limited was fully satisfied on 17 Jun 2022.

    17 Jun 2022

  • Charges

    A charge registered on 28 Feb 1997 via Charge ID 90207952 with Others was fully satisfied on 15 Nov 2019.

    15 Nov 2019

Frequently asked questions

  • Gorani Industries Limited was incorporated on 14 Mar 1995.

  • The authorized share capital of Gorani Industries Limited is ₹ 18.00 Cr and paid-up capital is ₹ 5.36 Cr.

  • Currently 8 directors are associated with Gorani Industries Limited.

    • Sanjay Gorani
    • Nakul Gorani
    • Komal Motwani
    • Raina Goyal
    • Geet Gorani
    • Ayush Shukla
    • Arpit Garg
    • Sachi Samaria
  • As per Ministry of Corporate Affairs (Mca), the registered address of Gorani Industries Limited is 32-33 Sector-F, Sanwer Road, Indore, Madhya Pradesh, India, 452015.

  • The corporate identification number (CIN) of Gorani Industries Limited is L28121MP1995PLC009170 and the company number is 009170 as per Ministry of Corporate Affairs (MCA).

  • Yes, Gorani Industries Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Gorani Industries Limited is https://www.gorani-industries-limited.business.site

  • According to the financial reports for the fiscal year 2023, the revenue trend for Gorani Industries Limited has risen by 47.52%.

  • As Per 2023 financial reports, 220 employees are currently employed by Gorani Industries Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Gorani Industries Limited has experienced an upsurge of 16.28%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Gorani Industries Limited amount to ₹ 11.63 Cr.

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

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