Madhucon Granites Limited

Founded in 1988 and headquartered in Telangana, India.

1988 | Active
Last Updated: December 24, 2024

Madhucon Granites Profile

Key Indicators

  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 15.00 Cr
  • Company Age 36 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1,223.81 Cr
  • Satisfied Charges ₹ 258.60 Cr
  • Revenue Growth -5.63%
  • Profit Growth 113.03%
  • Ebitda 79.89%
  • Net Worth -36.12%
  • Total Assets -37.61%

About Madhucon Granites

Madhucon Granites Limited (MGL) is a leading Public Limited Indian Non-Government Company incorporated in India on 15 February 1988 and has a history of 36 years and 11 months. Its registered office is in Na, Telangana.

The Corporate was formerly known as Madhu Minerals Trading Co Ltd. 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 20.00 Cr and a paid-up capital of Rs 15.00 Cr.

The company currently has active open charges totaling ₹1,223.81 Cr. The company has closed loans amounting to ₹258.60 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Madhucon Granites Limited India are Surapura Umashankar as CFO and Antima Goyal as Company Secretary.

Company Details

  • Location
    Na, Telangana
  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U13209TG1988PLC008311

  • Company No.

    008311

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    15 Feb 1988

  • 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 Madhucon Granites Limited offer?

Madhucon Granites Limited offers a wide range of products and services, including Granite, Granite Slab, Galaxy Granite, Granite, Marble, Sandstone & Others.

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

Executive Team (3)

Name Designation Appointment Date Status
Krishnaiah Nama Country flag representing In Managing Director 01-Apr-2009 Current
Surapura Umashankar CFO 08-Mar-2022 Current
Antima Goyal Company Secretary 11-Oct-2022 Current

Board Members (2)

Name Designation Appointment Date Status
Potla Rao Country flag representing In Director 19-Nov-2010 Current
Nama Umadevi Country flag representing In Director 23-Sep-2014 Current

Financial Performance of Madhucon Granites.

Madhucon Granites Limited, for the financial year ended 2022, experienced Minor drop in revenue, with a 5.63% decrease. The company also saw a substantial improvement in profitability, with a 113.03% increase in profit. The company's net worth observed a substantial decline by a decrease of 36.12%.

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
-5.63%
Revenue from Operations
-28.22%
Total Assets
-37.61%
Profit or Loss
113.03%
Net Worth
-36.12%
EBITDA
79.89%

What is the Ownership and Shareholding Structure of Madhucon Granites?

In 2022, Madhucon Granites had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1,223.81 Cr

Satisfied Charges

₹258.60 Cr

Charges Breakdown by Lending Institutions

  • Sbicap Trustee Company Limited : 1191.60 Cr
  • Others : 21.71 Cr
  • State Bank Of India : 10.50 Cr

Latest Charge Details

Date Lender Amount Status
15 Dec 2017 Others ₹21.71 Cr Open
12 Feb 2015 Sbicap Trustee Company Limited ₹1,191.60 Cr Open
01 Jun 2005 State Bank Of India ₹10.50 Cr Open
11 Apr 2019 Hdfc Bank Limited ₹1.22 Cr Satisfied
04 Sep 2014 Yes Bank Limited ₹88.00 Cr Satisfied

How Many Employees Work at Madhucon Granites?

Madhucon Granites has a workforce of 94 employees as of Mar 30, 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 Madhucon 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 Madhucon 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 Madhucon Granites

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Charges

    A charge registered on 11 Apr 2019 via Charge ID 100257043 with Hdfc Bank Limited was fully satisfied on 09 Sep 2024.

    09 Sep 2024

  • Balance Sheet

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

    31 Mar 2024

  • Charges

    A charge registered on 21 Jun 2005 via Charge ID 90116495 with State Bank Of India was fully satisfied on 13 Sep 2023.

    13 Sep 2023

  • Charges

    A charge with State Bank Of India of Rs. 10.50 Cr registered on 01 Jun 2005 with Charge ID 90116492 was modified on 15 Apr 2023.

    15 Apr 2023

  • Charges

    A charge registered on 04 Dec 2001 via Charge ID 90116143 with Canara Bank was fully satisfied on 23 Mar 2023.

    23 Mar 2023

Frequently asked questions

  • Madhucon Granites Limited was incorporated on 15 Feb 1988.

  • The authorized share capital of Madhucon Granites Limited is ₹ 20.00 Cr and paid-up capital is ₹ 15.00 Cr.

  • Currently 5 directors are associated with Madhucon Granites Limited.

    • Krishnaiah Nama
    • Potla Madhava Rao
    • Nama Umadevi
    • Surapura Deveerappa Umashankar
    • Antima Goyal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Madhucon Granites Limited is 1-7-70 Jubilee Pura Khammam, A.P A.P Telanga India, Na, Telangana.

  • The corporate identification number (CIN) of Madhucon Granites Limited is U13209TG1988PLC008311 and the company number is 008311 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Madhucon Granites Limited is https://www.madhucongranites.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Madhucon Granites Limited has fallen by -5.63%.

  • As Per 2022 financial reports, 94 employees are currently employed by Madhucon Granites Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Madhucon Granites Limited has experienced an downturn of -36.12%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Madhucon Granites Limited amount to ₹ 1,223.81 Cr.

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

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