
About Ag Granites Private Limited
Data last updated:
Ag Granites Private Limited is a private limited company based in Dharmapuri, Tamil Nadu, India. It operates in the sanitaryware and tile segment of the manufacturing sector. It was incorporated on 04 August 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U14102TZ1998PTC010232. Its GSTIN is 33AABCA8182H1ZR (Tamil Nadu).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹45 Lakh. It is led by directors Muthu Ramasamy (Managing Director) and Ramasamy Shanthi.
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 Sf No.314 Muthugounder Colony Harur, Dharmapuri, Tamil Nadu, India – 636903.
As per the financials filed for FY 2024, the company reported a revenue of ₹101.92 Cr, a decline of 24% compared to the previous year. For the same year it recorded a net profit of ₹2.4 Cr (net margin 2.3%) and EBITDA of ₹12.18 Cr (EBITDA margin 12%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 2% over five years.
The company has about 83 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Amman Granites. As per MCA filings, the company has open charges of ₹70.94 Cr on record. Court records list 8 cases involving the company, including 5 filed by the company and 3 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ammangranites.com.
Company details
Contact details
Ag Granites Private Limited's registered office is in Dharmapuri, Tamil Nadu. Its website is ammangranites.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSf No.314 Muthugounder Colony Harur, Dharmapuri, Tamil Nadu, India – 636903
- IndustryManufacturing, Sanitaryware & Tile, Ceramics
To see the full contact details of Ag 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
Brands
Ag Granites operates one associated brand: Amman Granites. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Crafts stone monuments, memorials, vases, and customized sculptures for global clients. | ammangranites.com |
Business activity
The main business activity of Ag Granites is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Ag Granites Private Limited, buy the company report.
Financials of Ag Granites Private Limited
FY 2024 filings availableAg Granites Private Limited reported revenue of ₹101.92 Cr (down 24% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 24% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 2%. EBITDA fell 30% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹12.18 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.4 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12% | ||||
| Net Profit Margin | 2.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Ag Granites Private Limited, buy the company report.
Board of directors of Ag Granites Private Limited
Ag Granites has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramasamy Shanthi Also directs: Kongu Association LLP | Director | 04 Aug 1998 | 28 Years 2 Months | Current |
| Muthu Ramasamy Also directs: Kongu Association LLP, A R Swamy Green Energy LLP | Managing Director | 04 Aug 1998 | 28 Years 2 Months | Current |
Auditor
Ag Granites Private Limited is audited by K.E. Sridharan & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K.E. Sridharan & Co. | FY 2023 | 004001S |
Shareholding
The shareholding of Ag Granites Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ag Granites Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Aug 2025 | 101150525 | Others | ₹93.4 Lakh | Open | |
| 29 Jan 2025 | 101089089 | Hdfc Bank Limited | ₹1.27 Cr | Open | |
| 31 Dec 2024 | 101072601 | Hdfc Bank Limited | ₹93.56 Lakh | Open | |
| 29 Dec 2022 | 100682914 | Hdfc Bank Limited | ₹1.18 Cr | Open | |
| 07 Jul 2021 | 100481273 | Hdfc Bank Limited | ₹50 Lakh | Open |
To see the full charge records of Ag Granites Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Ag Granites Private Limited has 8 court cases on record: 5 filed by Ag Granites, 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 3 | 0 |
| High courts | 4 | 0 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Salem, Tamil Nadu | Motor accident claim | Filed against the company by an individual | Disposed |
| District court, Chennai, Tamil Nadu | Civil suit | Filed by the company against Yamana Co Ltd | Disposed |
| District court, Viluppuram, Tamil Nadu | Motor accident claim | Filed against the company by an individual | Disposed |
| High Court of Andhra Pradesh | Writ petition | Filed by the company against The State Rep by the Director of Mines and Geology | Disposed |
| High Court for State of Telangana | Writ petition | Filed by the company against The State Rep by the Director of Mines and Geology | Disposed |
To see the full case history of Ag 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.
Credit ratings & regulatory alerts
Ag Granites Private Limited was last rated by Icra on 27 Sep 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 27 Sep 2021 |
To see the full credit ratings and regulatory alerts of Ag Granites Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ag Granites Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ag Granites Private Limited has a workforce of 83 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Ag Granites has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AABCA8182H1ZR | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ag Granites Private Limited, buy the company report.
Recent activity
Ag Granites Private Limited has 2 board changes on record since 1998: 2 appointments. The latest: Muthu Ramasamy was appointed as Managing Director on 04 Aug 1998.
1 earlier event is in the company report.
Frequently asked questions
Ag Granites is an active private limited company based in Dharmapuri, Tamil Nadu, India. The company works in sanitaryware and tile, within the manufacturing industry. It was incorporated on 04 August 1998 (28+ years old) and is registered under CIN U14102TZ1998PTC010232.
Ag Granites has 2 current directors:
- Muthu Ramasamy - Managing Director
- Ramasamy Shanthi - Director
The latest financial statements of Ag 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 Ag Granites is 33AABCA8182H1ZR, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Ag Granites is U14102TZ1998PTC010232. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ag Granites has 8 court cases on record: 5 filed by the company and 3 filed against it. Most are in the district courts.
Ag Granites was incorporated on 04 August 1998, making it 28+ years old. It is registered with the Registrar of Companies, Coimbatore.
Muthu Ramasamy was appointed as Managing Director on 04 Aug 1998. Ramasamy Shanthi was appointed as Director on 04 Aug 1998.
Ag Granites can be reached through the website ammangranites.com. Its registered office is in Dharmapuri, Tamil Nadu, India.
The registered office of Ag Granites is at Sf No.314 Muthugounder Colony Harur, Dharmapuri, Tamil Nadu, India – 636903.