Karthik Granites Private Limited
About Karthik Granites Private Limited
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Karthik Granites Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the mining and mineral extraction segment of the metals and mining sector. It was incorporated on 15 March 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U14299TN1989PTC017057. Its GSTIN is 33AABCK1627P1ZG (Tamil Nadu).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors including Jayanthi Thangabalu and Kurichi Thangabalu Karthick.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 12C VI Main Roadk.B.Nagar Chennai, Tamil Nadu, India – 600020.
As per the financials filed for FY 2024, the company reported a revenue of ₹11.91 Lakh, a growth of 20% compared to the previous year. For the same year it recorded a net profit of ₹4.62 Lakh (net margin 38.8%) and EBITDA of ₹6.91 Lakh (EBITDA margin 58%). Revenue has declined at a compounded annual rate (CAGR) of 23% over three years and 19% over five years.
Court records list 9 cases involving the company, including 8 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Karthik Granites Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address is in the company report.
- Email
- Registered Address12C VI Main Roadk.B.Nagar Chennai, Tamil Nadu, India – 600020
- IndustryMetals and Minerals, Mining & Mineral Extraction
To see the full contact details of Karthik Granites Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Karthik Granites is mining and quarrying. In detail, this covers other mining & quarrying activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| B | Mining and quarrying | B4 | Other Mining & Quarrying Activities |
Financials of Karthik Granites Private Limited
FY 2024 filings availableKarthik Granites Private Limited reported revenue of ₹11.91 Lakh (up 20% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 20% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 19%. EBITDA rose 34% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹6.91 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹4.62 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 58% | ||||
| Net Profit Margin | 38.8% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Karthik Granites Private Limited, buy the company report.
Board of directors of Karthik Granites Private Limited
Karthik Granites has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jayanthi Thangabalu Also directs: Jaya Aqua Farm Limited, Jay Granites Private Limited, Tamarai Mills Limited and 3 more | Director | 15 Mar 1989 | 37 Years 7 Months | Current |
| Kurichi Thangabalu Karthick Also directs: Jaya Aqua Farm Limited, Jay Granites Private Limited, Tamarai Mills Limited and 2 more | Director | 21 Feb 2005 | 21 Years 8 Months | Current |
| Kurichi Thangkaballu Indra Also directs: Jaya Aqua Farm Limited, Jay Granites Private Limited, Tamarai Mills Limited and 3 more | Director | 18 Feb 2007 | 19 Years 8 Months | Current |
Peer comparison
Karthik Granites Private Limited is compared with the 3 companies closest to it by revenue in the Metals and Minerals industry (Mining), with the same principal business activity (other mining & quarrying activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hari Mandir Mineral Private Limited | ₹12.15 Lakh (FY 2022) | Prayagraj, Uttar Pradesh, India | ||||
| Atharv Mines Private Limited | ₹12.01 Lakh (FY 2024) | 24490.0% | Mumbai, Maharashtra, India | |||
| Karthik Granites Private Limitedthis company | ₹11.91 Lakh (FY 2024) | ₹4.62 Lakh | 38.8% | 20.0% | Chennai, Tamil Nadu, India | |
| MNR Associate Builders Private Limited | ₹11.82 Lakh (FY 2024) | -88.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Karthik Granites Private Limited, buy the company report.
Shareholding
The shareholding of Karthik Granites Private Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Karthik Granites Private Limited, buy the company report.
Legal cases
Karthik Granites Private Limited has 9 court cases on record: 8 filed by Karthik Granites, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 9 | 1 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Appeal | Filed by the company against State of Tamil Nadu and 2 others | Disposed |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed by the company against State of Tamil Nadu and 2 others | Disposed |
| High Court, TAMIL NADU | Court case (WPMP) | Filed by the company against individuals | Disposed |
| High Court, TAMIL NADU | Writ petition | Filed by the company against individuals | Disposed |
| High Court, TAMIL NADU | Writ petition | Filed by the company against an individual | Disposed |
To see the full case history of Karthik Granites Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Karthik Granites Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Karthik Granites has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AABCK1627P1ZG | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Karthik Granites Private Limited, buy the company report.
Recent activity
Karthik Granites Private Limited has 3 board changes on record since 1989: 3 appointments. The latest: Kurichi Thangkaballu Indra was appointed as Director on 18 Feb 2007.
Frequently asked questions
Karthik Granites is an active private limited company based in Chennai, Tamil Nadu, India. The company works in mining and mineral extraction, within the metals and minerals industry. It was incorporated on 15 March 1989 (37+ years old) and is registered under CIN U14299TN1989PTC017057.
Karthik Granites has 3 current directors:
- Jayanthi Thangabalu - Director
- Kurichi Thangabalu Karthick - Director
- Kurichi Thangkaballu Indra - Director
The latest financial statements of Karthik Granites on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Karthik Granites is 33AABCK1627P1ZG, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Karthik Granites is U14299TN1989PTC017057. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Karthik Granites has 9 court cases on record: 8 filed by the company and 1 filed against it.
Karthik Granites was incorporated on 15 March 1989, making it 37+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Karthik Granites by revenue are Hari Mandir Mineral Private Limited, Atharv Mines Private Limited, MNR Associate Builders Private Limited, all in the Metals and Minerals industry (Mining), with the same principal business activity (other mining & quarrying activities).
Kurichi Thangkaballu Indra was appointed as Director on 18 Feb 2007. Kurichi Thangabalu Karthick was appointed as Director on 21 Feb 2005. Jayanthi Thangabalu was appointed as Director on 15 Mar 1989.
The registered office of Karthik Granites is at 12C VI Main Roadk.B.Nagar Chennai, Tamil Nadu, India – 600020.
Karthik Granites operates in the metals and minerals industry, in the mining and mineral extraction segment.
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