Mahi Granites Private Limited

Processing and exporting granite and quartz stone for various projects and international destinations.

2004 | Hyderabad, Telangana (India) | Active
Last Updated: June 18, 2024

Mahi Granites Profile

Key Indicators

  • Authorised Capital ₹ 7.50 Cr
  • Paid Up Capital ₹ 7.23 Cr
  • Company Age 20 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 133.94 Cr
  • Satisfied Charges ₹ 157.84 Cr
  • Revenue Growth 7.39%
  • Profit Growth 23.37%
  • Ebitda 11.14%
  • Net Worth 22.04%
  • Total Assets 2.13%

About Mahi Granites

Mahi Granites Private Limited (MGPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 08 July 2004 and has a history of 20 years and seven months. Its registered office is in Hyderabad, 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 2023. It's a company limited by shares with an authorized capital of Rs 7.50 Cr and a paid-up capital of Rs 7.23 Cr.

The company currently has active open charges totaling ₹133.94 Cr. The company has closed loans amounting to ₹157.84 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Mahi Granites Private Limited India is Prince Saraf as COMPANY SECRETARY. Govindaraju Rao and Govindaraju Kasyap serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    krystallos.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U14102TG2004PTC043609

  • Company No.

    043609

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    08 Jul 2004

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Manufacturing

What products or services does Mahi Granites Private Limited offer?

Mahi Granites Private Limited offers a wide range of products and services, including Stone Tiles & Floorings, Stone Tiles, Granite Tiles.

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

Executive Team (2)

NameDesignationAppointment DateStatus
Govindaraju Rao Country flag representing In Managing Director08-Jul-2004Current
Prince Saraf Country flag representing In Company Secretary08-Jun-2019Current

Board Members (1)

NameDesignationAppointment DateStatus
Govindaraju Kasyap Country flag representing In Director 07-Jan-2013Current

Financial Performance of Mahi Granites.

Mahi Granites Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 7.39% increase. The company also saw a substantial improvement in profitability, with a 23.37% increase in profit. The company's net worth Soared by an impressive increase of 22.04%.

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
7.39%
Revenue from Operations
7.48%
Total Assets
2.13%
Profit or Loss
23.37%
Net Worth
22.04%
EBITDA
11.14%

What is the Ownership and Shareholding Structure of Mahi Granites?

In 2023, Mahi Granites had a promoter holding of 89.13% and a public holding of 10.87%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹133.94 Cr

Satisfied Charges

₹157.84 Cr

Charges Breakdown by Lending Institutions

  • Others : 80.00 Cr
  • Hdfc Bank Limited : 43.68 Cr
  • Tata Capital Financial Services Limited : 7.00 Cr
  • Bajaj Finance Limited : 2.90 Cr
  • Icici Bank Limited : 0.36 Cr

Latest Charge Details

DateLenderAmountStatus
06 Mar 2024Others₹7.30 CrOpen
13 Mar 2023Tata Capital Financial Services Limited₹1.00 CrOpen
03 Jan 2023Others₹22.70 CrOpen
07 Dec 2022Others₹50.00 CrOpen
20 Oct 2022Hdfc Bank Limited₹1.12 CrOpen

How Many Employees Work at Mahi Granites?

Mahi Granites has a workforce of 250 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 7.30 Cr with Charge ID 100883252 was registered on 06 Mar 2024.

    06 Mar 2024

  • Charges

    A charge with Others of Rs. 50.00 Cr registered on 07 Dec 2022 with Charge ID 100647507 was modified on 08 Jan 2024.

    08 Jan 2024

  • Annual General Meeting

    Mahi Granites Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 36.75 Cr registered on 18 Apr 2022 with Charge ID 100572426 was modified on 27 Aug 2023.

    27 Aug 2023

  • Balance Sheet

    Mahi Granites Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

    31 Mar 2023

  • Charges

    A charge with Tata Capital Financial Services Limited amounted to Rs. 1.00 Cr with Charge ID 100692418 was registered on 13 Mar 2023.

    13 Mar 2023

Frequently asked questions

  • Mahi Granites Private Limited was incorporated on 08 Jul 2004.

  • The authorized share capital of Mahi Granites Private Limited is ₹ 7.50 Cr and paid-up capital is ₹ 7.23 Cr.

  • Currently 3 directors are associated with Mahi Granites Private Limited.

    • Govindaraju Krishna Rao
    • Prince Saraf
    • Govindaraju Manoj Kasyap
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mahi Granites Private Limited is D.No.1-89/A Plot No.15 Third & Forth Floors Shilpi Enclave Madhapur, Hyderabad, Telangana, India, 500081.

  • The corporate identification number (CIN) of Mahi Granites Private Limited is U14102TG2004PTC043609 and the company number is 043609 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Mahi Granites Private Limited is https://www.krystallos.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Mahi Granites Private Limited has risen by 7.39%.

  • As Per 2023 financial reports, 250 employees are currently employed by Mahi Granites Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Mahi Granites Private Limited has experienced an upsurge of 22.04%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Mahi Granites Private Limited amount to ₹ 133.94 Cr.

  • The most recent Balance Sheet for Mahi Granites Private Limited was filed with the ROC on 31 Mar 2023.

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