About Adison Granito Private Limited
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Adison Granito Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the sanitaryware and tile segment of the manufacturing sector. It was incorporated on 25 January 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U26941GJ2016PTC085815. Its GSTIN is 24AAOCA1051E1Z5 (Gujarat). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹43 Cr and a paid-up capital of ₹42.7 Cr. It is led by directors including Dinesh Dhirajlal Nadapara and Ashokkumar Amrutbhai Patel.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 1509 Shapath – V Opp. Karnavati Club S.G.Highway Vejalpur, Ahmedabad, Gujarat, India – 380051.
As per the financials filed for FY 2021, the company reported a revenue of ₹56.19 Cr, a growth of 56% compared to the previous year. For the same year it recorded a net loss of ₹26.71 Cr (net margin -47.5%) and EBITDA of -₹2.61 Cr (EBITDA margin -4.6%).
The company is associated with 1 brand: Adisongranito. As per MCA filings, the company has open charges of ₹261.87 Cr and satisfied charges of ₹178 Cr on record. Court records list 79 cases involving the company, including 16 filed by the company and 63 filed against it; 18 cases are pending. The company has 3 deals on record (3 rights issues); the latest was in April 2018. Its 6 peer companies in the Manufacturing industry (Ceramics, Sanitaryware and Tiles), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products) are compared by revenue, 4 larger and 2 smaller; the largest is Swizzer Ceramic Private Limited with revenue of ₹56.83 Cr.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website adisongranito.com.
Company details
Contact details
Adison Granito Private Limited's registered office is in Ahmedabad, Gujarat. Its website is adisongranito.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address1509 Shapath – V Opp. Karnavati Club S.G.Highway Vejalpur, Ahmedabad, Gujarat, India – 380051
- IndustryManufacturing, Sanitaryware & Tile, Ceramics
To see the full contact details of Adison Granito 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
Brands
Adison Granito operates one associated brand: Adisongranito. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| adisongranito.com |
Business activity
The main business activity of Adison Granito is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Adison Granito Private Limited, buy the company report.
Financials of Adison Granito Private Limited
FY 2021 filings availableAdison Granito Private Limited reported revenue of ₹56.19 Cr (up 56% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue rose 56% in the latest year. EBITDA fell 110% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹56.19 Cr | ||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | -₹2.61 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹26.71 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -4.6% | ||||
| Net Profit Margin | -47.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Adison Granito Private Limited, buy the company report.
Board of directors of Adison Granito Private Limited
Adison Granito has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dinesh Dhirajlal Nadapara | Director | 05 Sep 2016 | 10 Years 1 Months | Current |
| Ashokkumar Amrutbhai Patel Also directs: Salerno International LLP | Director | 25 Jan 2016 | 10 Years 9 Months | Current |
| Bharatbhai Mafatbhai Patel | Director | 25 Jan 2016 | 10 Years 9 Months | Current |
Peer comparison
Adison Granito Private Limited is compared with the 6 companies closest to it by revenue in the Manufacturing industry (Ceramics, Sanitaryware and Tiles), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Swizzer Ceramic Private Limited | ₹56.83 Cr (FY 2025) | 0.0% | Morbi, Gujarat, India | |||
| Accord Plus Ceramics Private Limited | ₹56.79 Cr (FY 2025) | -2.0% | Gujarat, India | |||
| Coral Plus Ceramic Private Limited | ₹56.78 Cr (FY 2025) | -23.0% | Lalpar, Gujarat, India | |||
| Plazma Granito Private Limited | ₹56.51 Cr (FY 2025) | 7.0% | Wankaner, Gujarat, India | |||
| Adison Granito Private Limitedthis company | ₹56.19 Cr (FY 2021) | -₹26.71 Cr | -47.5% | 56.0% | Ahmedabad, Gujarat, India | |
| Letic Vitrified Private Limited | ₹55.93 Cr (FY 2025) | -6.0% | Morbi, Gujarat, India | |||
| Trivedi Corp Private Limited | ₹55.85 Cr (FY 2025) | 4.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Adison Granito Private Limited, buy the company report.
Auditor
Adison Granito Private Limited is audited by S P PAREKH & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S P PAREKH & CO | FY 2021 | 132253W |
Shareholding
The shareholding of Adison Granito Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Adison Granito Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Jun 2024 | 100945954 | Others | ₹39.46 Cr | Open | |
| 21 Dec 2021 | 100515409 | Others | ₹23.61 Cr | Open | |
| 13 Oct 2017 | 100130580 | Others | ₹99.4 Cr | Open | |
| 13 Oct 2017 | 100130582 | Others | ₹99.4 Cr | Open | |
| 18 Apr 2017 | 100099103 | Others | ₹89 Cr | Satisfied |
To see the full charge records of Adison Granito Private Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Adison Granito Private Limited has 3 deals on record (3 rights issues); the latest was in April 2018.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2018 | Rights issue | ₹7.45 Cr | Investors: an individual |
| Jun 2017 | Rights issue | ₹27.66 Cr | Investors: 4 individuals |
| Aug 2016 | Rights issue | ₹6.59 Cr | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Adison Granito Private Limited has 79 court cases on record: 16 filed by Adison Granito, 63 filed against it. 18 cases are pending and 61 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 68 | 59 | 14 |
| NCLAT | 5 | 0 | 1 |
| High courts | 3 | 3 | 2 |
| NCLT | 3 | 1 | 1 |
Cases on record (5 of 79)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT New Delhi | Company appeal | Filed by the company against Bank of Baroda and 6 others | Pending |
| High Court, GUJARAT | Special civil application | Filed against the company by Uttar Gujarat Vij Company Limited | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed by the company against Bank of Baroda and 6 others | Disposed |
| NCLAT, NCLAT New Delhi | Court case (Restoration App) | Filed by the company against Bank of Baroda and 6 others | Disposed |
| NCLT, Ahmedabad | Insolvency matter | Filed by the company against Classic Microtech Private Limited | Disposed |
To see the full case history of Adison Granito 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.
Credit ratings & regulatory alerts
Adison Granito Private Limited was last rated by Brickwork on 25 Mar 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 25 Mar 2021 |
To see the full credit ratings and regulatory alerts of Adison Granito Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Adison Granito Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Adison Granito Private Limited has 1 active EPFO establishment as of Mar 31, 2024.
GST
Adison Granito has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAOCA1051E1Z5 | Gujarat | Active | 01 Jul 2017 |
| 23AAOCA1051E1Z7 | Madhya Pradesh | Active | 01 Jan 2019 |
To see the full GST registrations and return filing status of Adison Granito Private Limited, buy the company report.
Recent activity
Adison Granito Private Limited has 9 board changes on record since 2016: 3 appointments and 6 cessations. The latest: Narsinhbhai Ramabhai Patel ceased to be Additional Director on 29 Mar 2018.
8 earlier events are in the company report.
Frequently asked questions
Adison Granito is an active private limited company based in Ahmedabad, Gujarat, India. The company works in sanitaryware and tile, within the manufacturing industry. It was incorporated on 25 January 2016 (10+ years old) and is registered under CIN U26941GJ2016PTC085815.
Adison Granito has 3 current directors:
- Dinesh Dhirajlal Nadapara - Director
- Ashokkumar Amrutbhai Patel - Director
- Bharatbhai Mafatbhai Patel - Director
The latest financial statements of Adison Granito on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Adison Granito is 24AAOCA1051E1Z5, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 23AAOCA1051E1Z7 (Madhya Pradesh).
The CIN (Corporate Identification Number) of Adison Granito is U26941GJ2016PTC085815. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Adison Granito has 79 court cases on record: 16 filed by the company and 63 filed against it. 18 are pending. Most are in the district courts.
Adison Granito was incorporated on 25 January 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Adison Granito has 3 deals on record (3 rights issues); the latest was in April 2018.
The peers of Adison Granito by revenue are Swizzer Ceramic Private Limited, Accord Plus Ceramics Private Limited, Coral Plus Ceramic Private Limited, Plazma Granito Private Limited, Letic Vitrified Private Limited and 1 more, all in the Manufacturing industry (Ceramics, Sanitaryware and Tiles), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Narsinhbhai Ramabhai Patel ceased to be Additional Director on 29 Mar 2018. Bharatbhai Bachubhai Vasdadia ceased to be Additional Director on 10 Oct 2017. Bharatbhai Laxmidasbhai Vadaliya ceased to be Additional Director on 11 Aug 2017. Adison Granito has 9 board changes on record in total.
Adison Granito can be reached through the website adisongranito.com. Its registered office is in Ahmedabad, Gujarat, India.