Granite Mart Limited

Processes rough granite into slabs, monuments, and other products.

1999 | Medak, Telangana (India) | Active
Last Updated:

Granite Mart Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.03 Cr
  • Company Age 25 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 37.19 Cr
  • Satisfied Charges ₹ 14.15 Cr
  • Revenue Growth -17.93%
  • Profit Growth 102.49%
  • Ebitda -111.35%
  • Net Worth 0.37%
  • Total Assets -17.92%

About Granite Mart

Granite Mart Limited (GML) is a leading Public Limited Indian Non-Government Company incorporated in India on 08 June 1999 and has a history of 25 years and nine months. Its registered office is in Medak, Telangana, India.

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 1.50 Cr and a paid-up capital of Rs 1.03 Cr.

The company currently has active open charges totaling ₹37.19 Cr. The company has closed loans amounting to ₹14.15 Cr, as per Ministry of Corporate Affairs (MCA) records.

Bimal Agarwal, Mudit Agarwal, and Siddhartha Agarwal serve as directors at the Company.

Company Details

  • Location

    Medak, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U25209TS1999PLC171798

  • Company No.

    025310

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    08 Jun 1999

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Manufacturing

What products or services does Granite Mart Limited offer?

Granite Mart Limited offers a wide range of products and services, including Stone Artifacts, Floor Tiles, Polished Floor Tiles, Granite, Granite Slab, Granite Monuments.

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

Executive Team (1)

NameDesignationAppointment DateStatus
Bimal Agarwal Country flag representing In Managing Director09-Feb-2022Current

Board Members (2)

NameDesignationAppointment DateStatus
Mudit Agarwal Country flag representing In Whole-Time Director 21-Jan-2004Current
Siddhartha Agarwal Country flag representing In Director 01-Sep-2022Current

Financial Performance of Granite Mart.

Granite Mart Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 17.93% decrease. The company also saw a substantial improvement in profitability, with a 102.49% increase in profit. The company's net worth moved up by a moderate rise of 0.37%.

Granite Mart revenue growth over time
Granite Mart 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
-17.93%
Revenue from Operations
-45.48%
Total Assets
-17.92%
Profit or Loss
102.49%
Net Worth
0.37%
EBITDA
-111.35%

What is the Ownership and Shareholding Structure of Granite Mart?

In 2022, Granite Mart had a promoter holding of 99.50% and a public holding of 0.51%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹37.19 Cr

Satisfied Charges

₹14.15 Cr

Charges Breakdown by Lending Institutions

  • Uco Bank : 36.89 Cr
  • Hdfc Bank Limited : 0.30 Cr

Latest Charge Details

DateLenderAmountStatus
08 Aug 2023Hdfc Bank Limited₹2.97 MOpen
22 Sep 2022Uco Bank₹8.34 CrOpen
02 Apr 2003Uco Bank₹28.55 CrOpen
26 Jun 2008Uco Bank₹4.50 CrSatisfied
02 Apr 2003Uco Bank₹9.65 CrSatisfied

How Many Employees Work at Granite Mart?

Granite Mart has a workforce of 50 employees as of Mar 27, 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 Granite Mart Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Granite Mart, 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 Granite Mart'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 Granite Mart

Recent activity within the organization

  • Annual General Meeting

    Granite Mart Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Granite Mart Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.

  • Charges

    A charge registered on 02 Apr 2003 via Charge ID 90198275 with Uco Bank was fully satisfied on 04 Nov 2023.

  • Charges

    A charge with Uco Bank of Rs. 28.55 Cr registered on 02 Apr 2003 with Charge ID 90200819 was modified on 04 Sep 2023.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.30 Cr with Charge ID 100769265 was registered on 08 Aug 2023.

  • Charges

    A charge with Uco Bank amounted to Rs. 8.34 Cr with Charge ID 100607816 was registered on 22 Sep 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Granite Mart Limited?

    Granite Mart Limited was incorporated on 08 Jun 1999.

  • What is authorized share capital and paid-up capital of Granite Mart Limited?

    The authorized share capital of Granite Mart Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.03 Cr.

  • Who are the current board members & directors of Granite Mart Limited?

    Currently 3 directors are associated with Granite Mart Limited.

    • Bimal Kumar Agarwal
    • Mudit Agarwal
    • Siddhartha Agarwal

  • What is the registered address of Granite Mart Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Granite Mart Limited is Sy No. 161/162 Venkatapur (V) Brahmanpally (Gp), (M) India, Toopran, Telangana, 502334.

  • What is the corporate identification number (CIN) and company number of Granite Mart Limited?

    The corporate identification number (CIN) of Granite Mart Limited is U25209TS1999PLC171798 and the company number is 025310 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Granite Mart Limited?

    The Official website of Granite Mart Limited is https://www.granitemartindia.com

  • What has been the recent revenue trend for Granite Mart Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Granite Mart Limited has fallen by -17.93%.

  • How many employees does Granite Mart Limited currently have?

    As Per 2022 financial reports, 50 employees are currently employed by Granite Mart Limited.

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

    The financial reports for the fiscal year 2022 indicates that The net worth of Granite Mart Limited has experienced an upsurge of 0.37%.

  • What are the total open charges for Granite Mart Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Granite Mart Limited amount to ₹ 37.19 Cr.

  • When was the last Balance Sheet of Granite Mart Limited filed with the ROC?

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

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