About Glittek Granites
Glittek Granites is a publicly listed company based in Bengaluru (India) founded in 1990 by Ashoke Agarwal and Tushar Agarwal. Flooring supplies including marbles and granites are manufactured and distributed. It operates on a Direct-to-Consumer (D2C) and Reseller / Distribution model. The company has 30 employees. Its chief executive, as recorded, is Kamal Kumar Agarwal. Its Indian entity Glittek Granites Limited reported revenue of ₹1.41 Cr. Glittek Granites offers products and services including Granite Slabs and Tiles, Marble, Sandstone, and Quartz. Its focus areas include Materials, Building Materials and Stone and Marble.
Company details
Glittek Granites is involved in the manufacturing, trading, and exporting of finished granite products such as slabs and tiles. The company also offers marble, sandstone, and quartz for various applications including flooring, countertops, and wall cladding. Based in Bangalore, India, operations are supported by a state-of-the-art manufacturing unit. The focus is placed on delivering high-quality natural and engineered stone products to both domestic and international markets.
- Headquarters Bengaluru, India
- Employees 30
- Founders Ashoke Agarwal, Tushar Agarwal
- Stage Public
- SectorsReal Estate & Construction
- Email••••••••
- Phone•••• ••••
- Website glittek.com
- Social LinkedIn X Facebook YouTube
- Legal Name Glittek Granites Limited
- Market Cap₹192 Cr
GLITTEKG · BSE
- Share Price₹72.32
-1.99% today
- Revenue₹0.05 Cr
FY 2025-26 · -97.6% YoY
- EBITDA−₹1.70 Cr
Margin -3,400.0%
- Net Profit−₹0.44 Cr
FY 2025-26 · +98.2% YoY
- Employee Count30
Associated legal entities of Glittek Granites
Glittek Granites is associated with 3 registered companies on The Company Check; the primary company is Glittek Granites Limited, a listed company. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Glittek Granites Limited Listed CIN L27201KA1990PLC023497 | Active | 29 Oct 1990 | Hosakote, Karnataka | ₹1.4 Cr | 37 | 8 | View details |
| Glittek Granites Ltd CIN L14102KA1990PLC023497 | 29 Oct 1990 | Hosakote, Karnataka, India | View details | ||||
| Glittek Granites Ltd CIN U90009WB1990PLC050086 | Strike Off | 29 Oct 1990 | Kolkata, West Bengal | $1.7M | View details |
Products & Services of Glittek Granites
Glittek Granites offers a comprehensive portfolio of products and services, including Granite Slabs and Tiles, Marble, Sandstone, and Quartz.
Granite products are manufactured for flooring and cladding.
Marble products are offered for various decorative applications.
Sandstone is provided in various finishes and sizes.
Quartz products are supplied for durable surface applications.
Apps and channels of Glittek Granites
its YouTube channel Glittek Granites has 5 subscribers.
Board of directors of Glittek Granites Limited (Glittek Granites)
Glittek Granites Limited is the primary company behind Glittek Granites. The board of Glittek Granites Limited currently have 6 directors; the longest-serving is Malvika Sureka, appointed in 2022. 12 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Malvika Sureka DIN 09481072 | Director | 07 Feb 2022 | 4 yrs 9 mo | Glittek Granites Limited |
| Siddhartha Agarwal DIN 07987858 | Director | 21 Sep 2024 | 2 yrs 1 mo | Glittek Granites Limited |
| Manish Killa DIN 01099954 | Director | 20 Nov 2024 | 1 yr 11 mo | Glittek Granites Limited |
| Maheshkumar Jatashankar Thanki DIN 00045946 | Additional Director | 25 Jun 2026 | 4 mo | Glittek Granites Limited |
| Bhargav Girjashankar Thanki DIN 00046364 | Additional Director | 25 Jun 2026 | 4 mo | Glittek Granites Limited |
| Bhavin Thanki DIN 00046393 | Additional Director | 25 Jun 2026 | 4 mo | Glittek Granites Limited |
People of Glittek Granites
3 people are tracked at Glittek Granites (3 in leadership); the tracked headcount is 30.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder | Leadership | |
| CEO | Leadership |
Complete people profiles for Glittek Granites
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of Glittek Granites
Glittek Granites is a publicly listed company on the BSE with ticker symbol GLITTEKG in India, operating in the Non-energy minerals sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date04 Dec 1994
- Listed onBSE: 513528
- Listed entityGlittek Granites Limited
- Exchange sectorNon-energy minerals
- ISININE741B01027
- Share price₹73.63 (+1.99% on the day) · 2026-10-14
- Market capitalisation₹187 Cr
- Price to earnings1.7
- EPS (diluted, trailing year)₹-0.12
- Volume (last session)10,498
Financials of Glittek Granites
Exchange-reported figures of Glittek Granites Ltd, the listed company behind Glittek Granites (BSE: GLITTEKG).
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 | 0.05 | 2.04 | 6.93 | 13.42 | 9.17 | 14.34 | 17.98 |
| Revenue growth | -97.6% | -70.6% | -48.4% | +46.4% | -36.1% | -20.2% | - |
| EBITDA | (1.70) | (21.73) | (4.11) | 1.27 | (0.35) | (1.87) | 0.82 |
| EBITDA margin | -3400.0% | -1065.2% | -59.3% | +9.5% | -3.8% | -13.0% | +4.6% |
| Profit before tax | (0.39) | 7.47 | (6.15) | (0.86) | (2.32) | (3.86) | (1.74) |
| Net profit | (0.44) | (24.36) | (6.15) | (0.84) | (2.30) | (3.09) | (1.28) |
| Net profit margin | -880.0% | -1194.1% | -88.7% | -6.3% | -25.1% | -21.6% | -7.1% |
| EPS (₹) | (0.15) | 2.58 | (2.31) | (0.29) | (0.87) | (1.16) | (0.48) |
| Balance sheet | |||||||
| Total assets | 10.94 | 11.54 | 25.25 | 33.09 | 32.12 | 32.11 | 35.23 |
| Net worth | 10.94 | 11.54 | 4.96 | 11.06 | 11.76 | 14.00 | 17.13 |
| Total debt | 0.00 | 0.00 | 20.28 | 22.03 | 20.36 | 18.11 | 18.10 |
| Cash & bank | 6.59 | 9.72 | 0.03 | 0.03 | 0.03 | 0.10 | 0.28 |
| Net working capital | 6.64 | 8.61 | 20.31 | 27.80 | 26.15 | 25.08 | 28.15 |
| Cash flow | |||||||
| Cash from operations | (2.19) | 0.08 | 3.45 | (0.02) | (1.18) | 1.10 | 1.39 |
| Cash from investing | (0.90) | 31.83 | 0.00 | 0.06 | 0.21 | (0.02) | 0.06 |
| Cash from financing | (0.04) | (22.22) | (3.45) | (0.02) | 0.97 | (1.26) | (1.37) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.30 | 0.00 | 0.00 | 0.05 | 0.00 | 0.05 | 0.31 | 0.47 |
| Revenue growth (YoY) | - | -100.0% | -100.0% | -89.4% | -100.0% | -95.2% | - | - |
| Other income | 0.03 | 0.33 | 0.30 | 1.06 | 0.23 | 0.67 | 31.21 | 0.01 |
| Total expenses | 0.22 | 0.16 | 0.04 | 1.71 | 0.63 | 0.64 | 4.43 | 3.36 |
| EBITDA | 0.08 | (0.16) | (0.04) | (1.66) | (0.63) | (0.59) | (4.12) | (2.89) |
| EBITDA margin | +26.7% | - | - | -3320.0% | - | -1180.0% | -1329.0% | -614.9% |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.04 | 0.00 | 0.00 | 0.02 | 0.04 |
| Interest | 0.05 | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 | 0.42 | 0.58 |
| Profit before tax | 0.06 | 0.17 | 0.26 | (0.65) | (0.41) | 0.07 | 26.65 | (3.50) |
| Tax | 0.00 | 0.03 | 0.00 | 0.00 | (0.02) | 0.02 | 0.61 | 0.00 |
Financial Statements
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.30 | 0.00 | 0.00 | 0.05 | 0.00 | 0.05 | 0.31 | 0.47 |
| Revenue growth (YoY) | - | -100.0% | -100.0% | -89.4% | -100.0% | -95.2% | - | - |
| Other income | 0.03 | 0.33 | 0.30 | 1.06 | 0.23 | 0.67 | 31.21 | 0.01 |
| Total expenses | 0.22 | 0.16 | 0.04 | 1.71 | 0.63 | 0.64 | 4.43 | 3.36 |
| EBITDA | 0.08 | (0.16) | (0.04) | (1.66) | (0.63) | (0.59) | (4.12) | (2.89) |
| EBITDA margin | +26.7% | - | - | -3320.0% | - | -1180.0% | -1329.0% | -614.9% |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.04 | 0.00 | 0.00 | 0.02 | 0.04 |
| Interest | 0.05 | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 | 0.42 | 0.58 |
| Profit before tax | 0.06 | 0.17 | 0.26 | (0.65) | (0.41) | 0.07 | 26.65 | (3.50) |
| Tax | 0.00 | 0.03 | 0.00 | 0.00 | (0.02) | 0.02 | 0.61 | 0.00 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 0.05 | 2.04 | 6.93 | 13.42 | 9.17 | 14.34 | 17.98 |
| Revenue growth | -97.6% | -70.6% | -48.4% | +46.4% | -36.1% | -20.2% | - |
| Other income | 1.36 | 31.26 | 0.13 | 0.41 | 0.25 | 0.25 | 0.27 |
| Total expenses | 1.75 | 23.77 | 11.04 | 12.15 | 9.52 | 16.21 | 17.16 |
| Employee cost | 0.53 | 1.00 | 1.77 | 2.04 | 2.30 | 2.52 | 3.79 |
| EBITDA | (1.70) | (21.73) | (4.11) | 1.27 | (0.35) | (1.87) | 0.82 |
| EBITDA margin | -3400.0% | -1065.2% | -59.3% | +9.5% | -3.8% | -13.0% | +4.6% |
| Depreciation | 0.01 | 0.13 | 0.46 | 0.85 | 0.94 | 0.96 | 0.96 |
| Interest | 0.04 | 1.93 | 1.71 | 1.69 | 1.28 | 1.28 | 1.87 |
| Profit before tax | (0.39) | 7.47 | (6.15) | (0.86) | (2.32) | (3.86) | (1.74) |
| Tax | 0.00 | 0.61 | 0.00 | (0.08) | (0.02) | (0.77) | (0.46) |
| Net profit | (0.44) | (24.36) | (6.15) | (0.84) | (2.30) | (3.09) | (1.28) |
| Net profit margin | -880.0% | -1194.1% | -88.7% | -6.3% | -25.1% | -21.6% | -7.1% |
| EPS (₹) | (0.15) | 2.58 | (2.31) | (0.29) | (0.87) | (1.16) | (0.48) |
| 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 | 13.29 | 13.29 | 13.29 | 13.29 | 13.29 | 13.29 | 13.29 |
| Reserves & surplus | (2.35) | (1.75) | (8.33) | (2.23) | (1.53) | 0.71 | 3.84 |
| Shareholders' funds (net worth) | 10.94 | 11.54 | 4.96 | 11.06 | 11.76 | 14.00 | 17.13 |
| Secured loans | 0.00 | 0.00 | 17.16 | 18.64 | 19.22 | 18.04 | 18.10 |
| Unsecured loans | 0.00 | 0.00 | 3.12 | 3.39 | 1.14 | 0.07 | 0.00 |
| Total debt | 0.00 | 0.00 | 20.28 | 22.03 | 20.36 | 18.11 | 18.10 |
| Total liabilities | 10.94 | 11.54 | 25.25 | 33.09 | 32.12 | 32.11 | 35.23 |
| Assets | |||||||
| Gross block | 0.06 | 0.74 | 27.33 | 27.32 | 27.35 | 32.67 | 32.64 |
| Net block | 0.06 | 0.12 | 2.79 | 3.26 | 3.95 | 5.14 | 6.06 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.13 | 0.00 | 0.00 |
| Investments | 2.72 | 1.25 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventories | 0.00 | 0.08 | 18.42 | 21.12 | 21.85 | 19.90 | 22.06 |
| Sundry debtors | 0.00 | 0.00 | 3.06 | 8.03 | 4.53 | 6.18 | 6.79 |
| Cash & bank balances | 6.59 | 9.72 | 0.03 | 0.03 | 0.03 | 0.10 | 0.28 |
| Loans & advances | 0.10 | 0.47 | 0.45 | 0.81 | 1.00 | 1.06 | 0.94 |
| Total current assets | 6.69 | 10.27 | 21.96 | 29.99 | 27.41 | 27.24 | 30.07 |
| Total current liabilities | 0.05 | 1.66 | 1.65 | 2.19 | 1.26 | 2.16 | 1.92 |
| Net working capital | 6.64 | 8.61 | 20.31 | 27.80 | 26.15 | 25.08 | 28.15 |
| Total assets | 10.94 | 11.54 | 25.25 | 33.09 | 32.12 | 32.11 | 35.23 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 9.72 | 0.03 | 0.03 | 0.01 | 0.01 | 0.19 | 0.20 |
| Net cash from operating activities | (2.19) | 0.08 | 3.45 | (0.02) | (1.18) | 1.10 | 1.39 |
| Net cash from investing activities | (0.90) | 31.83 | 0.00 | 0.06 | 0.21 | (0.02) | 0.06 |
| Net cash from financing activities | (0.04) | (22.22) | (3.45) | (0.02) | 0.97 | (1.26) | (1.37) |
| Net change in cash | (3.13) | 9.69 | 0.00 | 0.02 | 0.00 | (0.18) | 0.07 |
| Closing cash | 6.59 | 9.72 | 0.03 | 0.03 | 0.03 | 0.10 | 0.28 |
| 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 | -97.6% | -70.6% | -48.4% | +46.4% | -36.1% | -20.2% | - |
| EBITDA growth | +92.2% | -428.7% | -423.6% | +462.9% | +81.3% | -328.1% | - |
| PBT growth | - | +9998.0% | -615.1% | +62.9% | +39.9% | -121.8% | -40.3% |
| Net income growth | +98.2% | -296.1% | -632.1% | +63.5% | +25.6% | -141.4% | - |
| Revenue CAGR (3Y) | -84.5% | -39.4% | -21.5% | -9.3% | -24.3% | -15.5% | -11.2% |
| EBITDA CAGR (3Y) | - | +296.0% | +30.0% | +15.7% | - | - | -28.4% |
| Profitability & leverage | |||||||
| Net income margin | -780.0% | +336.3% | -88.7% | -5.8% | -25.1% | -21.6% | -7.1% |
| Return on capital employed | 0.0% | -104.0% | 0.0% | 0.0% | 0.0% | 0.0% | +0.4% |
| Return on net worth | 0.0% | -237.4% | 0.0% | 0.0% | 0.0% | 0.0% | -7.2% |
| Debt / equity | 0.00 | 1.23 | 2.64 | 1.86 | 1.49 | 1.16 | 1.02 |
| Long-term debt / equity | 0.00 | 0.28 | 0.65 | 0.45 | 0.17 | 0.01 | 0.00 |
| Interest cover | -2.34 | -8.83 | -37.42 | 402.38 | -99.22 | -45.23 | -1,335.71 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.13 | 0.15 | 0.25 | 0.49 | 0.31 | 0.44 | 0.55 |
| Inventory turnover | 1.25 | 0.22 | 0.35 | 0.62 | 0.44 | 0.68 | 0.84 |
| Debtors turnover | 0.00 | 1.33 | 1.25 | 2.14 | 1.71 | 2.21 | 2.32 |
| EPS (₹) | (0.15) | 2.58 | (2.31) | (0.29) | (0.87) | (1.16) | (0.48) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 4.12 | 4.34 | 1.87 | 4.16 | 4.42 | 5.27 | 6.44 |
Web traffic of Glittek Granites
The website of Glittek Granites (glittek.com) receives about 1.3K visits a month.
- Monthly visits1.3K
▼ 22.5% vs previous month
Top companies in Building Materials
3 companies that operate in the same segment as Glittek Granites (Building Materials) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Manufacturer of cement, gypsum plaster, tile adhesives, and wood finishing products | 1975 | Kanpur, Uttar Pradesh, India | USD 1.44 B | 9,047 | ||
Industrial and decorative paints are manufactured along with related solutions. | 1942 | Mumbai, Maharashtra, India | USD 3.87 B | 10 | ||
Specializes in designing and manufacturing aesthetically pleasing bathroom solutions | 1960 | Gurugram, Haryana, India |
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Frequently Asked Questions about Glittek Granites
Glittek Granites was founded in 1990.
Glittek Granites is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Kamal Kumar Agarwal is the CEO of Glittek Granites, as recorded in our data.
Glittek Granites has 30 employees.
The primary company behind Glittek Granites, Glittek Granites Limited, reported revenue of ₹1.41 Cr for FY 2026, down 98% year on year.
Glittek Granites is involved in the manufacturing, trading, and exporting of finished granite products such as slabs and tiles. The company also offers marble, sandstone, and quartz for various applications including flooring, countertops, and wall cladding. Based in Bangalore, India, operations are supported by a state-of-the-art manufacturing unit. The focus is placed on delivering high-quality natural and engineered stone products to both domestic and international markets.
Glittek Granites offers Granite Slabs and Tiles, Marble, Sandstone, and Quartz.
Yes, Glittek Granites is publicly traded on BSE under the ticker symbol GLITTEKG.
Glittek Granites is associated with 2 legal entities: Glittek Granites Limited, Glittek Granites Ltd.
The legal entities of Glittek Granites currently have 8 directors, including Malvika Sureka, Manish Killa, Siddhartha Agarwal and others.