Gratex Industries Limited

Specializing in wallpaper installation and technical support for post-sales issues, this company also offers interior products.

1984 | Thane, Maharashtra (India) | Active
Last Updated: November 17, 2024

Gratex Industries Profile

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 3.03 Cr
  • Company Age 41 Year,
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.80 M
  • Satisfied Charges ₹ 5.65 M
  • Revenue Growth 40.86%
  • Profit Growth 89.45%
  • Ebitda 31.33%
  • Net Worth 5.81%
  • Total Assets 7.73%

About Gratex Industries

Gratex Industries Limited (GIL) is a Public Limited Indian Non-Government Company incorporated in India on 23 February 1984 and has a history of 41 years. Its registered office is in Thane, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 526751.

The Company is engaged in the E-Commerce 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 4.00 Cr and a paid-up capital of Rs 3.03 Cr.

The company currently has active open charges totaling ₹1.80 M. The company has closed loans amounting to ₹5.65 M, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Gratex Industries Limited India are Mona Menon as CFO and Neha Arora as Company Secretary. Mona Menon, Baldevkrishan Sharma, Karan Sharma, and Two other members serve as directors at the Company.

Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    gratex.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L21093MH1984PLC032248

  • Company No.

    032248

  • Stock Symbol

    BSE : 526751

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    23 Feb 1984

  • Date of AGM

    14 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

E-Commerce

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

Executive Team (3)

NameDesignationAppointment DateStatus
Karan Sharma Country flag representing In Managing Director27-Sep-2000Current
Mona Menon Country flag representing In CFO30-May-2014Current
Neha Arora Country flag representing In Company Secretary10-Nov-2020Current

Board Members (4)

NameDesignationAppointment DateStatus
Baldevkrishan Sharma Country flag representing In Director 01-Oct-1992Current
Mona Menon Country flag representing In Director and Cfo 01-Oct-1995Current
Akanksha Bector Country flag representing In Director 14-Aug-2023Current
Prashant Sawant Country flag representing In Director 09-Jul-2019Current

Financial Performance of Gratex Industries.

Gratex Industries Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 40.86% increase. The company also saw a substantial improvement in profitability, with a 89.45% increase in profit. The company's net worth moved up by a moderate rise of 5.81%.

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
40.86%
Revenue from Operations
40.86%
Total Assets
7.73%
Profit or Loss
89.45%
Net Worth
5.81%
EBITDA
31.33%

What is the Ownership and Shareholding Structure of Gratex Industries?

In 2024, Gratex Industries had a promoter holding of 61.91% and a public holding of 38.08%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.18 Cr

Satisfied Charges

₹0.57 Cr

Charges Breakdown by Lending Institutions

  • Others : 0.09 Cr
  • Punjab National Bank : 0.09 Cr

Latest Charge Details

DateLenderAmountStatus
31 Oct 2023Others₹0.90 MOpen
25 Aug 1988Punjab National Bank₹0.50 MOpen
27 Dec 1984Punjab National Bank₹0.20 MOpen
27 Dec 1984Punjab National Bank₹0.20 MOpen
07 Mar 2008Bank Of Maharashtra₹1.50 MSatisfied

How Many Employees Work at Gratex Industries?

Gratex Industries has a workforce of 19 employees as of Nov 17, 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 Gratex 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 Gratex 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 Gratex Industries

Recent activity within the organization

  • Annual General Meeting

    Gratex Industries Limited last Annual general meeting of members was held on 14 Aug 2024 as per latest MCA records.

    14 Aug 2024

  • Balance Sheet

    Gratex Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge registered on 30 Oct 1988 via Charge ID 90211843 with Citi Bank N.A. was fully satisfied on 18 Mar 2024.

    18 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 0.09 Cr with Charge ID 100817235 was registered on 31 Oct 2023.

    31 Oct 2023

  • Director Appointment

    Akanksha Bector was appointed as a Director was appointed as a Director on 14 Aug 2023 & has been associated with this company since 1 year 6 months .

    14 Aug 2023

  • Director Appointment

    Prashant Sawant was appointed as a Director was appointed as a Director on 09 Jul 2019 & has been associated with this company since 5 years 7 months .

    09 Jul 2019

Recent News, Updates & Announcement

Frequently asked questions

  • Gratex Industries Limited was incorporated on 23 Feb 1984.

  • The authorized share capital of Gratex Industries Limited is ₹ 4.00 Cr and paid-up capital is ₹ 3.03 Cr.

  • Currently 7 directors are associated with Gratex Industries Limited.

    • Mona Pratap Menon
    • Baldevkrishan Ramrattan Sharma
    • Karan Baldev Sharma
    • Akanksha Bector
    • Prashant Sawant
    • Mona Pratap Menon
    • Neha Arora
  • As per Ministry of Corporate Affairs (Mca), the registered address of Gratex Industries Limited is Gratex House A73 Ttc Industrial Area Midc Kopar Khairne, Navi Mumbai India, Thane, Maharashtra, 400703.

  • The corporate identification number (CIN) of Gratex Industries Limited is L21093MH1984PLC032248 and the company number is 032248 as per Ministry of Corporate Affairs (MCA).

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

  • The Official website of Gratex Industries Limited is https://www.gratex.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Gratex Industries Limited has risen by 40.86%.

  • As Per 2023 financial reports, 19 employees are currently employed by Gratex Industries Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Gratex Industries Limited has experienced an upsurge of 5.81%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Gratex Industries Limited amount to ₹ 1.80 M.

  • The most recent Balance Sheet for Gratex Industries Limited was filed with the ROC on 31 Mar 2024.

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