
About Aro Granite Industries Limited
Data last updated:
Aro Granite Industries Limited is a public limited company based in New Delhi, Delhi, India. It operates in the ceramics segment of the manufacturing sector. It was incorporated on 03 May 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN L74899DL1988PLC031510. Its GSTIN is 33AAACA2360G1ZA (Tamil Nadu). The company holds 4 GST registrations, all of them active. It is a listed company as per MCA records. Its shares are listed on BSE: 513729 and NSE: AROGRANITE.
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹15.3 Cr. It was formerly known as Aro Granite Industries P Limited. It is led by directors including Sunil Kumar Arora (Managing Director) and Sahil Arora (Whole-Time Director).
Its last annual general meeting (AGM) was held on 12 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 1001 10th Floor DLF Tower A Jasola, New Delhi, Delhi, India – 110025.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹73.52 Cr, a decline of 40.3% compared to the previous year. For the same year it recorded a net loss of ₹13.42 Cr (net margin -18.3%) and EBITDA of ₹1.5 Cr (EBITDA margin 2%). The net worth stands at ₹173.94 Cr (down 6.4% YoY). Total assets are valued at ₹327.22 Cr (down 5.9% YoY).
The company has about 493 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Aro Granite Industries. As per MCA filings, the company has open charges of ₹550.49 Cr and satisfied charges of ₹352.48 Cr on record. Court records list 19 cases involving the company, including 6 filed by the company and 13 filed against it; 3 cases are pending. The company has 82 deals on record (79 market trades, 1 funding round, 1 acquisition); the latest was in January 2026.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website arotile.com.
Company details
Contact details
Aro Granite Industries Limited's registered office is in New Delhi, Delhi. Its website is arotile.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address1001 10th Floor DLF Tower A Jasola, New Delhi, Delhi, India – 110025
- IndustryManufacturing, Ceramics, Sanitaryware & Tile
To see the full contact details of Aro Granite Industries 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
Aro Granite Industries operates one associated brand: Aro Granite Industries. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Granite processing company | arotile.com |
Business activity
The main business activity of Aro Granite Industries is manufacturing. In detail, this covers manufacture of chemicals and chemical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 20 | Manufacture of chemicals and chemical products |
To see the full business activity and turnover split of Aro Granite Industries Limited, buy the company report.
Financials of Aro Granite Industries Limited
FY 2025-26 filings availableAro Granite Industries Limited reported revenue of ₹73.52 Cr (down 40.3% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · StandaloneRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 73.52 | 123 | 155 | 164 | 225 | 179 | 178 |
| Revenue growth | -40.3% | -20.6% | -5.4% | -27.1% | +25.3% | +0.9% | - |
| EBITDA | 1.50 | 6.31 | 30.86 | 19.05 | 30.09 | 23.80 | 18.52 |
| EBITDA margin | +2.0% | +5.1% | +19.9% | +11.6% | +13.4% | +13.3% | +10.4% |
| Profit before tax | (11.62) | (6.84) | 3.41 | (5.91) | 10.78 | 7.98 | 5.16 |
| Net profit | (13.42) | (6.34) | 1.32 | (5.79) | 8.91 | 6.05 | 3.59 |
| Net profit margin | -18.3% | -5.2% | +0.9% | -3.5% | +4.0% | +3.4% | +2.0% |
| EPS (₹) | (7.72) | (4.20) | 0.86 | (3.78) | 5.82 | 3.95 | 2.36 |
| Balance sheet | |||||||
| Total assets | 327 | 348 | 383 | 398 | 398 | 361 | 351 |
| Net worth | 174 | 186 | 192 | 191 | 196 | 188 | 181 |
| Total debt | 152 | 160 | 189 | 205 | 199 | 168 | 159 |
| Cash & bank | 12.53 | 8.40 | 8.70 | 5.97 | 9.58 | 9.98 | 10.57 |
| Net working capital | 208 | 218 | 244 | 245 | 236 | 193 | 174 |
| Cash flow | |||||||
| Cash from operations | 16.73 | 33.01 | 35.03 | 13.96 | (18.15) | 0.65 | 62.94 |
| Cash from investing | 2.94 | 0.22 | 0.04 | (3.03) | (6.19) | (3.94) | (77.73) |
| Cash from financing | (15.54) | (33.53) | (32.35) | (14.53) | 23.94 | 2.70 | 11.74 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 20.62 | 11.52 | 14.69 | 20.27 | 27.04 | 26.81 | 30.12 | 28.61 |
| Revenue growth (YoY) | -23.7% | -57.0% | -51.2% | -29.2% | -28.0% | - | - | - |
| Other income | 0.58 | 2.48 | 5.04 | 3.86 | 0.44 | 5.14 | 5.41 | (2.08) |
| Total expenses | 23.29 | 14.32 | 16.44 | 19.81 | 21.44 | 26.10 | 29.68 | 28.55 |
| EBITDA | (2.67) | (2.80) | (1.75) | 0.46 | 5.60 | 0.71 | 0.44 | 0.06 |
| EBITDA margin | -12.9% | -24.3% | -11.9% | +2.3% | +20.7% | +2.6% | +1.5% | +0.2% |
| Depreciation | 2.47 | 2.50 | 2.42 | 2.45 | 2.45 | 2.48 | 2.50 | 2.36 |
| Interest | 2.92 | 3.58 | 3.78 | 4.27 | 3.48 | 3.27 | 2.97 | 3.09 |
| Profit before tax | (7.48) | (6.40) | (2.91) | (2.40) | 0.11 | 0.10 | 0.38 | (7.47) |
| Tax | (0.02) | 0.02 | 0.05 | 0.08 | 0.04 | 0.07 | 0.38 | (0.27) |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 20.62 | 11.52 | 14.69 | 20.27 | 27.04 | 26.81 | 30.12 | 28.61 |
| Revenue growth (YoY) | -23.7% | -57.0% | -51.2% | -29.2% | -28.0% | - | - | - |
| Other income | 0.58 | 2.48 | 5.04 | 3.86 | 0.44 | 5.14 | 5.41 | (2.08) |
| Total expenses | 23.29 | 14.32 | 16.44 | 19.81 | 21.44 | 26.10 | 29.68 | 28.55 |
| EBITDA | (2.67) | (2.80) | (1.75) | 0.46 | 5.60 | 0.71 | 0.44 | 0.06 |
| EBITDA margin | -12.9% | -24.3% | -11.9% | +2.3% | +20.7% | +2.6% | +1.5% | +0.2% |
| Depreciation | 2.47 | 2.50 | 2.42 | 2.45 | 2.45 | 2.48 | 2.50 | 2.36 |
| Interest | 2.92 | 3.58 | 3.78 | 4.27 | 3.48 | 3.27 | 2.97 | 3.09 |
| Profit before tax | (7.48) | (6.40) | (2.91) | (2.40) | 0.11 | 0.10 | 0.38 | (7.47) |
| Tax | (0.02) | 0.02 | 0.05 | 0.08 | 0.04 | 0.07 | 0.38 | (0.27) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 73.52 | 123 | 155 | 164 | 225 | 179 | 178 |
| Revenue growth | -40.3% | -20.6% | -5.4% | -27.1% | +25.3% | +0.9% | - |
| Other income | 11.82 | 9.66 | 0.38 | 0.55 | 1.36 | 0.63 | 3.15 |
| Total expenses | 72.02 | 117 | 124 | 145 | 195 | 156 | 159 |
| Employee cost | 11.11 | 14.80 | 15.88 | 16.61 | 18.79 | 17.48 | 15.36 |
| EBITDA | 1.50 | 6.31 | 30.86 | 19.05 | 30.09 | 23.80 | 18.52 |
| EBITDA margin | +2.0% | +5.1% | +19.9% | +11.6% | +13.4% | +13.3% | +10.4% |
| Depreciation | 9.83 | 9.94 | 11.72 | 12.73 | 12.74 | 11.07 | 10.53 |
| Interest | 15.11 | 12.87 | 16.11 | 12.78 | 7.93 | 5.38 | 5.98 |
| Profit before tax | (11.62) | (6.84) | 3.41 | (5.91) | 10.78 | 7.98 | 5.16 |
| Tax | 0.20 | (0.43) | 2.09 | (0.12) | 1.87 | 1.93 | 1.57 |
| Net profit | (13.42) | (6.34) | 1.32 | (5.79) | 8.91 | 6.05 | 3.59 |
| Net profit margin | -18.3% | -5.2% | +0.9% | -3.5% | +4.0% | +3.4% | +2.0% |
| EPS (₹) | (7.72) | (4.20) | 0.86 | (3.78) | 5.82 | 3.95 | 2.36 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 15.30 | 15.30 | 15.30 | 15.30 | 15.30 | 15.30 | 15.30 |
| Reserves & surplus | 159 | 171 | 177 | 175 | 181 | 172 | 166 |
| Shareholders' funds (net worth) | 174 | 186 | 192 | 191 | 196 | 188 | 181 |
| Secured loans | 119 | 136 | 173 | 200 | 199 | 168 | 155 |
| Unsecured loans | 32.87 | 23.21 | 15.62 | 5.00 | 0.00 | 0.00 | 4.24 |
| Total debt | 152 | 160 | 189 | 205 | 199 | 168 | 159 |
| Total liabilities | 327 | 348 | 383 | 398 | 398 | 361 | 351 |
| Assets | |||||||
| Gross block | 281 | 283 | 282 | 282 | 272 | 271 | 225 |
| Net block | 128 | 139 | 149 | 160 | 163 | 174 | 139 |
| Capital work in progress | 1.04 | 1.04 | 0.98 | 0.98 | 7.81 | 0.98 | 41.55 |
| Investments | 0.36 | 0.88 | 0.84 | 1.10 | 1.14 | 0.87 | 0.85 |
| Inventories | 213 | 214 | 213 | 199 | 177 | 139 | 129 |
| Sundry debtors | 22.53 | 34.82 | 49.58 | 61.54 | 73.08 | 64.02 | 58.82 |
| Cash & bank balances | 12.53 | 8.40 | 8.70 | 5.97 | 9.58 | 9.98 | 10.57 |
| Loans & advances | 14.74 | 19.28 | 20.50 | 19.18 | 17.94 | 13.26 | 11.92 |
| Total current assets | 262 | 277 | 292 | 286 | 278 | 226 | 211 |
| Total current liabilities | 53.89 | 59.04 | 48.16 | 41.14 | 41.55 | 33.62 | 36.10 |
| Net working capital | 208 | 218 | 244 | 245 | 236 | 193 | 174 |
| Total assets | 327 | 348 | 383 | 398 | 398 | 361 | 351 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 8.40 | 8.70 | 5.97 | 9.58 | 9.98 | 10.57 | 13.62 |
| Net cash from operating activities | 16.73 | 33.01 | 35.03 | 13.96 | (18.15) | 0.65 | 62.94 |
| Net cash from investing activities | 2.94 | 0.22 | 0.04 | (3.03) | (6.19) | (3.94) | (77.73) |
| Net cash from financing activities | (15.54) | (33.53) | (32.35) | (14.53) | 23.94 | 2.70 | 11.74 |
| Net change in cash | 4.12 | (0.30) | 2.73 | (3.60) | (0.40) | (0.60) | (3.05) |
| Closing cash | 12.53 | 8.40 | 8.70 | 5.97 | 9.58 | 9.98 | 10.57 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -40.3% | -20.6% | -5.4% | -27.1% | +25.3% | +0.9% | - |
| EBITDA growth | -76.2% | -79.6% | +62.0% | -36.7% | +26.4% | +28.5% | - |
| PBT growth | -69.9% | - | +9998.0% | - | +35.1% | +54.7% | -58.9% |
| Net income growth | -111.7% | -580.3% | +122.8% | -165.0% | +47.3% | +68.5% | - |
| Revenue CAGR (3Y) | -23.5% | -18.2% | -4.7% | -2.7% | +9.2% | -3.7% | -9.4% |
| EBITDA CAGR (3Y) | -57.1% | -40.6% | +9.1% | +0.9% | +8.2% | +23.8% | -14.2% |
| Profitability & leverage | |||||||
| Net income margin | -16.1% | -5.2% | +0.9% | -3.5% | +4.0% | +3.4% | +2.0% |
| Return on capital employed | +0.6% | +1.7% | +5.0% | +1.7% | +4.9% | +3.8% | +3.4% |
| Return on net worth | -7.5% | -3.4% | +0.7% | -3.0% | +4.6% | +3.3% | +2.0% |
| Debt / equity | 0.87 | 0.92 | 1.03 | 1.04 | 0.96 | 0.89 | 0.80 |
| Long-term debt / equity | 0.15 | 0.20 | 0.28 | 0.32 | 0.28 | 0.19 | 0.13 |
| Interest cover | -181.39 | -354.55 | 84.17 | 202.22 | 45.71 | 42.26 | 74.84 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.26 | 0.44 | 0.55 | 0.59 | 0.83 | 0.72 | 0.91 |
| Inventory turnover | 0.34 | 0.58 | 0.75 | 0.87 | 1.42 | 1.34 | 1.43 |
| Debtors turnover | 2.56 | 2.92 | 2.79 | 2.44 | 3.28 | 2.92 | 3.06 |
| EPS (₹) | (7.72) | (4.20) | 0.86 | (3.78) | 5.82 | 3.95 | 2.36 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 113.69 | 121.48 | 125.51 | 124.58 | 128.38 | 122.64 | 118.62 |
To see the full year-wise statements and ratios of Aro Granite Industries Limited, buy the company report.
Board of directors of Aro Granite Industries Limited
Aro Granite Industries has 6 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunil Kumar Arora | Managing Director | 03 May 1988 | 38 Years 6 Months | Current |
| Sahil Arora | Whole-Time Director | 28 Oct 2017 | 9 Years 0 Months | Current |
| Sujata Arora | Director | 22 Mar 2006 | 20 Years 7 Months | Current |
| Ashish Jyotindra Bhuta Also directs: Kuntal Granites Private Limited | Director | 26 Jul 2024 | 2 Years 3 Months | Current |
| Keshava Murthy Kalasachar | Director | 26 Jul 2024 | 2 Years 3 Months | Current |
| Varathan Arul | Director | 04 Feb 2026 | 0 Years 9 Months | Current |
Auditor
Aro Granite Industries Limited is audited by Alok Mittal & Associates for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Alok Mittal & Associates | FY 2025 | 005717N |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 41.10%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 58.90%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 41.10% | 41.10% | 41.10% | 41.10% |
| Public | 58.90% | 58.90% | 58.90% | 58.90% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Feb 2026 | 101234834 | Others | ₹19 Cr | Open | |
| 07 Jun 2022 | 100587043 | Hdfc Bank Limited | ₹8 Cr | Open | |
| 23 Feb 2022 | 100538083 | Others | ₹12 Cr | Open | |
| 28 Aug 2020 | 100367597 | Hdfc Bank Limited | ₹35 Cr | Open | |
| 14 Aug 2018 | 100198759 | Others | ₹170.32 Cr | Open |
To see the full charge records of Aro Granite Industries Limited, buy the company report.
Total charge records: 22 View all charges
Deals & funding
Aro Granite Industries Limited has 82 deals on record (79 market trades, 1 funding round, 1 acquisition); the latest was in January 2026.
Deals on record (5 of 82)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2026 | Market trade | ₹29.9 Lakh | Buyer: Orion Stocks Limited Seller: Orion Stocks Limited |
| Aug 2025 | Market trade | ₹41.5 Lakh | Buyer: Irage Broking Services LLP , an individual Seller: Irage Broking Services LLP , an individual |
| Aug 2025 | Market trade | ₹58.6 Lakh | Buyer: Irage Broking Services LLP , an individual Seller: Irage Broking Services LLP , an individual |
| Jul 2023 | Market trade | ₹64.9 Lakh | Buyer: Orion Stocks Limited , an individual Seller: Orion Stocks Limited , an individual |
| Jul 2023 | Market trade | ₹43.2 Lakh | Buyer: Orion Stocks Limited , an individual Seller: Orion Stocks Limited , an individual |
To see the full deal history of Aro Granite Industries Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Aro Granite Industries Limited has 19 court cases on record: 6 filed by Aro Granite Industries, 13 filed against it. 3 cases are pending and 16 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 10 | 3 |
| High courts | 8 | 3 | 0 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Civil suit | Filed by the company against Ms. United India Insurance Company Ltd and 1 other | Disposed |
| District court, Krishnagiri, Tamil Nadu | Motor accident claim | Filed against the company by an individual | Pending |
| District court, Krishnagiri, Tamil Nadu | Motor accident claim | Filed against the company by an individual | Pending |
| District court, Krishnagiri, Tamil Nadu | Civil suit | Filed against the company by an individual | Pending |
| District court, Krishnagiri, Tamil Nadu | Motor accident claim | Filed against the company by an individual | Disposed |
To see the full case history of Aro Granite Industries 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
Aro Granite Industries Limited was last rated by Care on 31 Mar 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 31 Mar 2022 |
To see the full credit ratings and regulatory alerts of Aro Granite Industries Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Aro Granite Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Aro Granite Industries Limited has a workforce of 493 employees on its EPFO records as of Mar 25, 2024, across 4 active EPFO establishments.
GST
Aro Granite Industries has 4 GST registrations: 4 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACA2360G1ZA | Tamil Nadu | Active | 01 Jul 2017 |
| 08AAACA2360G1Z3 | Rajasthan | Active | 13 Jun 2018 |
| 06AAACA2360G1Z7 | Haryana | Active | 22 Jan 2025 |
| 33AAACA2360G2Z9 | Tamil Nadu | Active | 05 Mar 2025 |
To see the full GST registrations and return filing status of Aro Granite Industries Limited, buy the company report.
Recent activity
Aro Granite Industries Limited has 28 board changes on record since 1988: 17 appointments and 11 cessations. The latest: Varathan Arul was appointed as Director on 04 Feb 2026.
70 earlier events are in the company report.
News
Frequently asked questions
Aro Granite Industries is an active public limited company based in New Delhi, Delhi, India. The company works in ceramics, within the manufacturing industry. It was incorporated on 03 May 1988 (38+ years old) and is registered under CIN L74899DL1988PLC031510. Listed on BSE: 513729 and NSE: AROGRANITE.
Aro Granite Industries reported revenue of ₹73.52 Cr for FY 2025-26 (down 40.3% YoY) based on standalone financials.
Aro Granite Industries has 6 current directors:
- Sunil Kumar Arora - Managing Director
- Sahil Arora - Whole-Time Director
- Sujata Arora - Director
- Ashish Jyotindra Bhuta - Director
- Keshava Murthy Kalasachar - Director
- Varathan Arul - Director
The latest financial statements of Aro Granite Industries on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 12 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Aro Granite Industries is 33AAACA2360G1ZA, registered in Tamil Nadu. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 08AAACA2360G1Z3 (Rajasthan), 06AAACA2360G1Z7 (Haryana), 33AAACA2360G2Z9 (Tamil Nadu).
The CIN (Corporate Identification Number) of Aro Granite Industries is L74899DL1988PLC031510. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Aro Granite Industries is a listed company as per MCA records. Its shares are listed on both BSE (code: 513729) and NSE (symbol: AROGRANITE).
Aro Granite Industries has 19 court cases on record: 6 filed by the company and 13 filed against it. 3 are pending. Most are in the district courts.
Aro Granite Industries was incorporated on 03 May 1988, making it 38+ years old. It is registered with the Registrar of Companies, Delhi.
Aro Granite Industries has 82 deals on record (79 market trades, 1 funding round, 1 acquisition); the latest was in January 2026.

