About Marudhar Stones
Marudhar Stones is a Real Estate & Construction company based in Hosur (India) founded in 2007 by Jitendra Kumar Kothari. Provider of natural stones for construction industry. Marudhar Stones has raised $18.36 million across 2 funding rounds from investors including Alka Diamond Industries, Bharat Value Fund and Javda India Impex. The company has 57 employees. Marudhar Stones was last valued at $1.12 million in March 2008. Its Indian entity Marudhar Stones International Private Limited reported revenue of ₹63.71 Cr. Marudhar Stones offers products and services including Granite Slabs and Online Inventory. Its focus areas include Real Estate and Construction, Building Materials, Interiors and Flooring. Its competitors include Somany Ceramics, Simpolo and Varmora Granito; 2 of its 3 listed competitors have raised funding.
Company details
Marudhar Stones, backed by 18357770.0 from Bharat Value Fund, Javda India Impex, Sweta Holdings, Ganadhipati Trades and Credit, Yash-V-Jewels, Alka Diamond Industries, focuses on real estate and construction, supplying building materials, interiors, flooring, and tiles. Provider of natural stones for construction industry. Driving innovation, growth, and excellence in its industry sectors.
- Headquarters Hosur, India
- Employees 57
- Founders Jitendra Kumar Kothari
- Stage Minicorn
- SectorsReal Estate & Construction
- Website marudharstones.com
- Legal Name Marudhar Stones International Pvt Ltd
- Date of Incorporation 18 Dec, 2007
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹63.71 Cr
FY 2025 · +31% YoY
- Net Profit₹1.64 Cr
FY 2025 · 3% margin
- EBITDA₹6.84 Cr
FY 2025 · 11% margin
- Total Equity Funding$18.36M (USD)
in 2 rounds
- Latest Funding Round$17.86M (USD), Series B
Sep 2024
- InvestorsAlka Diamond Industries
& 5 more
- Employee Count57
Associated legal entities of Marudhar Stones
Marudhar Stones is associated with 3 registered companies on The Company Check; the primary company is Marudhar Stones International Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Marudhar Stones International Private Limited CIN U14100KA2007PTC044697 | Active | 18 Dec 2007 | Bangalore, Karnataka | ₹63.7 Cr | 57 | 4 | View details |
| Marudhar Rocks International Private Limited CIN U51420KA2010PTC056347 | Active | 24 Dec 2010 | Bangalore, Karnataka | ₹494 Cr | 46 | 4 | View details |
| Marudhar Stones Italia Private Limited CIN U36990KA2016PTC086005 | Active | 11 Feb 2016 | Bangalore, Karnataka | ₹0.1 Cr | 2 | View details |
Products & Services of Marudhar Stones
Marudhar Stones offers a comprehensive portfolio of products and services, including Granite Slabs and Online Inventory.
Processed slabs for construction and decoration purposes.
Platform for browsing and ordering granite products online.
Funding Insights of Marudhar Stones
Marudhar Stones has successfully raised a total of $18.36M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $17.86 million completed in September 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $18.36M
- Total Rounds 2
- Last Round Series B — $17.86M
- First Round $496,220
(Mar 2008)
- Investors Count 6
All 2 funding rounds of Marudhar Stones with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2024 | $17.86M | Series B | – | Bharat Value Fund | – |
| Mar 2008 | $496,220 | Seed | $1.12M | Javda India Impex |
| Date | Valuation | Stage |
|---|---|---|
| Mar 2008 | $1.12M | •••••••• |
Last known valuation $1.12M (Mar 2008). 6 investors in total: 6 institutional.
Investors in Marudhar Stones
Marudhar Stones has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include Alka Diamond Industries, Bharat Value Fund and Javda India Impex.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investments are directed toward multiple sectors. | Mumbai, India | |||
Brand of rings, bracelet, earrings, pendant, and necklace | Mumbai, India | |||
Manufacturer & exporter of diamonds | 1989 | alkadiamond.com | Mumbai, India |
Investor details for Marudhar Stones
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Board of directors of Marudhar Stones International Private Limited (Marudhar Stones)
Marudhar Stones International Private Limited is the primary company behind Marudhar Stones. The boards of the 3 registered companies of Marudhar Stones currently have 8 directors; the longest-serving is Dinesh Kumar Jain, appointed in 2007. 7 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Dinesh Kumar Jain DIN 00801953 | Director | 18 Dec 2007 | 18 yrs 10 mo | Marudhar Stones International Private Limited |
| Bhagchand Kothari DIN 02330309 | Director | 03 Nov 2008 | 18 yrs | Marudhar Stones International Private Limited |
| Jitendra Kumar Kothari DIN 01852691 | Director | 24 Dec 2010 | 15 yrs 10 mo | Marudhar Rocks International Private Limited, Marudhar Stones International Private Limited |
| Vikash Kothari DIN 01797613 | Director | 24 Dec 2010 | 15 yrs 10 mo | Marudhar Rocks International Private Limited |
| Alka Kothari DIN 05183051 | Director | 11 Feb 2016 | 10 yrs 8 mo | Marudhar Stones Italia Private Limited |
| Akash Kothari DIN 07434540 | Director | 11 Feb 2016 | 10 yrs 8 mo | Marudhar Stones Italia Private Limited, Marudhar Stones International Private Limited |
| Ronak DIN 03635743 | Director | 01 Sep 2017 | 9 yrs 2 mo | Marudhar Rocks International Private Limited |
| Avinash Mehta DIN 06719608 | Director | 01 Sep 2017 | 9 yrs 2 mo | Marudhar Rocks International Private Limited |
People of Marudhar Stones
1 people are tracked at Marudhar Stones (1 in leadership); the tracked headcount is 57.
| Name | Role | Group |
|---|---|---|
| Founder & Managing Director | Leadership |
Complete people profiles for Marudhar Stones
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Financials of Marudhar Stones
Figures of Marudhar Stones International Private Limited, the primary company behind Marudhar Stones, for FY 2025. Revenue was ₹63.71 Cr (+31% year on year). Net profit was ₹1.64 Cr (3% margin). EBITDA was ₹6.84 Cr (11% margin). Revenue has grown at a compounded annual rate of +4% over three years and +6% over five years.
- ₹63.71 CrRevenue · FY 2025 · +31% YoY
- ₹1.64 CrNet profit · 3% margin
- ₹6.84 CrEBITDA · 11% margin
- ₹2.25 CrPaid-up capital
- 57Employees (provident fund records)
- +4%Revenue CAGR, 3 years
- +6%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Marudhar Stones International Private Limited are on its company page.
Detailed financial statements for Marudhar Stones
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Marudhar Stones
4 dated milestones of Marudhar Stones across 17 years, from founding to its latest funding, stage changes and deals.
- Founded Marudhar Stones is founded.
- Funding First funding round of $496K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series B, of $17.9M.
Competitors of Marudhar Stones
Marudhar Stones has 3 listed competitors in our database, 2 of them funded. They include Somany Ceramics, Simpolo and Varmora Granito.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| somanyceramics.com | 1969 | Noida, India | $8M | 1,963 | Ceramic tiles are manufactured by Somany Ceramics in India. | |
| simpolo.com | 1977 | Morbi, India | $65.96M | Vitrified tiles and bathware products are manufactured for diverse applications. | ||
| varmora.com | 2003 | Mumbai, India | 4 | Ceramic flooring tiles are manufactured for construction applications. |
Detailed competitors of Marudhar Stones
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Top companies in Building Materials
3 companies that operate in the same segment as Marudhar Stones (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 Marudhar Stones
Marudhar Stones was founded in 2007 and raised its 1st funding round 1 year after it was founded.
Marudhar Stones is headquartered in Hosur, India. It is registered at Hosur, Tamil Nadu, India.
Marudhar Stones is a funded company, having raised a total of $18.36M across 2 funding rounds to date. The company's 1st funding round was a Seed of $496.22K, raised on Mar 2008.
Marudhar Stones has 57 employees.
The primary company behind Marudhar Stones, Marudhar Stones International Private Limited, reported revenue of ₹63.71 Cr for FY 2025, up 31% year on year.
Marudhar Stones, backed by 18357770.0 from Bharat Value Fund, Javda India Impex, Sweta Holdings, Ganadhipati Trades and Credit, Yash-V-Jewels, Alka Diamond Industries, focuses on real estate and construction, supplying building materials, interiors, flooring, and tiles. Provider of natural stones for construction industry. Driving innovation, growth, and excellence in its industry sectors.
Marudhar Stones's top competitors include Somany Ceramics, Simpolo and Varmora Granito.
Marudhar Stones offers Granite Slabs and Online Inventory.
Marudhar Stones has 6 investors. Key investors include Alka Diamond Industries, Bharat Value Fund, Javda India Impex, Sweta Holdings, and Ganadhipati Trades and Credit.
The valuation of Marudhar Stones is $1.12M as of Mar 2008.
Marudhar Stones is associated with 3 legal entities: Marudhar Stones International Private Limited, Marudhar Stones Italia Private Limited, Marudhar Rocks International Private Limited.
The legal entities of Marudhar Stones currently have 8 directors, including Alka Kothari, Akash Kothari, Ronak and others.