Claystone Granito Private Limited

Claystone Granito Private Limited - manufacturing in Morbi, Gujarat, India. FY 2026 financials & compliance.
CIN U26933GJ2015PTC082063 Incorporated 28 January 2015 ROC Ahmedabad HQ Morbi, Gujarat, India
Active Private Limited Company manufacturing MSME · Medium
Data last updated
Revenue · FY 2025
₹162.01 Cr
▼ 6% YoY
Net profit · FY 2025
₹3.58 Cr
Net margin 2.2%
EBITDA · FY 2025
₹11.2 Cr
EBITDA margin 6.9%
Authorised capital
₹21 Cr
Registered with MCA
Paid-up capital
₹20 Cr
Issued & subscribed
Open charges
₹55.03 Cr
Secured borrowings
Company age
11 yrs
Est. 2015
Employees · EPFO
13
Provident fund records

About Claystone Granito Private Limited

Data last updated:

Claystone Granito Private Limited is a private limited company based in Morbi, Gujarat, India. It operates in the sanitaryware and tile segment of the manufacturing sector. It was incorporated on 28 January 2015 and has been in existence for over 11 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U26933GJ2015PTC082063. Its GSTIN is 24AAFCC9203R1ZB (Gujarat).

The company has an authorised share capital of ₹21 Cr and a paid-up capital of ₹20 Cr. It is led by directors including Bhavinbhai Jasmatbhai Dalsaniya and Laljibhai Kanjibhai Bavarva.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Survey No.354 Rangpar, Morbi, Gujarat, India – 363641.

As per the financials filed for FY 2025, the company reported a revenue of ₹162.01 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹3.58 Cr (net margin 2.2%) and EBITDA of ₹11.2 Cr (EBITDA margin 6.9%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 11% over five years.

The company has about 13 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Clay Stone. As per MCA filings, the company has open charges of ₹55.03 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it; 1 case is pending. The company has 3 deals on record (2 secondary share transfers, 1 rights issue); the latest was in July 2019. Its 7 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 3 smaller; the largest is Nextile Marbosys Private Limited with revenue of ₹174.66 Cr.

Claystone Granito Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-32-0003047). 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 claystonegranito.com.

Company details

CIN U26933GJ2015PTC082063
Registration Number 082063
Incorporation Date 28 January 2015
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Non-Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-32-0003047
Key People
Bhavinbhai Jasmatbhai Dalsaniya Director Laljibhai Kanjibhai Bavarva Director Yogeshbhai Govindbhai Sanandiya Director

Recognitions & Rankings of Claystone Granito

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-GJ-32-0003047

Contact details

Claystone Granito Private Limited's registered office is in Morbi, Gujarat. Its website is claystonegranito.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    claystonegranito.com
  • Social Media
  • Registered Address
    Survey No.354 Rangpar, Morbi, Gujarat, India – 363641
  • Industry
    Manufacturing, Sanitaryware & Tile, Ceramics

To see the full contact details of Claystone Granito Private Limited, buy the company report.

Comprehensive company report
Claystone Granito Private Limited - one report that includes everything
  • 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
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Brands

Claystone Granito operates one associated brand: Clay Stone. Each brand links to its own profile.

BrandDescriptionWebsite
Clay Stone
Manufactures and supplies ceramic tiles for homes, commercial areas, and global exports.claystonegranito.com

Business activity

The main business activity of Claystone Granito is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC8Plastic products, non-metallic mineral products, rubber products, fabricated metal products

To see the full business activity and turnover split of Claystone Granito Private Limited, buy the company report.

Financials of Claystone Granito Private Limited

FY 2025 filings available

Claystone Granito Private Limited reported revenue of ₹162.01 Cr (down 6% YoY) for FY 2025.

Revenue · FY 2025
₹162.01 Cr ▼ 6%
Net profit · FY 2025
₹3.58 Cr margin 2.2%
EBITDA · FY 2025
₹11.2 Cr margin 6.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 6%
3 years · compounded
▼ 1%
5 years · compounded
▲ 11%
EBITDA CAGR growth
1 year
▼ 1%
3 years · compounded
▼ 3%
5 years · compounded
▲ 2%

Revenue fell 6% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 11%. EBITDA fell 1% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹11.2 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹3.58 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin6.9%
Net Profit Margin2.2%
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 Claystone Granito Private Limited, buy the company report.

Board of directors of Claystone Granito Private Limited

Claystone Granito has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Bhavinbhai Jasmatbhai Dalsaniya
Also directs: Clayart Granito LLP
Director28 Jan 201511 Years 9 MonthsCurrent
Laljibhai Kanjibhai Bavarva
Also directs: Clayart Granito LLP, Torino Tiles LLP
Director28 Jan 201511 Years 9 MonthsCurrent
Yogeshbhai Govindbhai Sanandiya
Also directs: Clayart Granito LLP
Director28 Jan 201511 Years 9 MonthsCurrent
View all directors

Peer comparison

Claystone Granito Private Limited is compared with the 7 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Nextile Marbosys Private Limited₹174.66 Cr (FY 2023)18.0%Morbi, Gujarat, India
Duracon Vitrified Private Limited₹169.99 Cr (FY 2024)4.0%Wankaner, Gujarat, India
Ibis Smart Marble Private Limited₹165.76 Cr (FY 2025)-2.0%Morbi, Gujarat, India
Siyaram Granito Private Limited₹163.12 Cr (FY 2025)-7.0%Jivapar Chakampar, Gujarat, India
Claystone Granito Private Limitedthis company₹162.01 Cr (FY 2025)₹3.58 Cr2.2%-6.0%13Morbi, Gujarat, India
Rey Ceracreation Private Limited₹155.19 Cr (FY 2025)-18.0%Morbi, Gujarat, India
Andhra Polymers Pvt Ltd₹151.43 Cr (FY 2024)25.0%Hyderabad, Telangana, India
Millennium Granito India Private Limited₹151.13 Cr (FY 2025)-10.0%Morbi, Gujarat, India

To see the full peer comparison of Claystone Granito Private Limited, buy the company report.

Auditor

Claystone Granito Private Limited is audited by B B KALARIA AND COMPANY for the financial year 2023.

Auditor firmFinancial yearFirm registration number
B B KALARIA AND COMPANYFY 2023127220W

Shareholding

The shareholding of Claystone Granito Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Claystone Granito Private Limited, buy the company report.

Charges & borrowings

Open charges
₹55.03 Cr
Satisfied charges
None
Breakdown by lending institutions
State Bank of India₹33.78 Cr
Others₹21.25 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
24 Dec 2024101022186Others₹21.25 CrOpen
04 Aug 201510585259State Bank of India₹33.78 CrOpen

To see the full charge records of Claystone Granito Private Limited, buy the company report.

Total charge records: 2 View all charges

Deals & funding

Claystone Granito Private Limited has 3 deals on record (2 secondary share transfers, 1 rights issue); the latest was in July 2019.

Total deals
3
Secondary share transfers
2
Rights issue
1

Deals on record (3 of 3)

WhenDealAmountParties
Jul 2019Secondary share transferUndisclosedBuyer: 3 individuals
Seller: 4 individuals
Nov 2018Secondary share transferUndisclosedBuyer: 2 individuals
Seller: 2 individuals
Jun 2015Rights issue₹19.99 CrInvestors: 4 individuals

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Claystone Granito Private Limited was last rated by Icra on 27 Aug 2021.

Rating agencyRated onRating
Icra27 Aug 2021

To see the full credit ratings and regulatory alerts of Claystone Granito Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Claystone Granito Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Claystone Granito Private Limited has a workforce of 13 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.

Employee count
13
Active EPFO establishments
1

GST

Claystone Granito has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAFCC9203R1ZBGujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Claystone Granito Private Limited, buy the company report.

Recent activity

Claystone Granito Private Limited has 17 board changes on record since 2015: 10 appointments and 7 cessations. The latest: Tusharbhai Subhashbhai Bavarva ceased to be Additional Director on 01 Oct 2019.

AGM
Claystone Granito Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Claystone Granito Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others of Rs. 21.25 Cr registered on 24 Dec 2024 with Charge ID 101022186 was modified on 30 Dec 2024.
Charges
A charge with Others amounted to Rs. 21.25 Cr with Charge ID 101022186 was registered on 24 Dec 2024.
Charges
A charge with State Bank Of India of Rs. 33.78 Cr registered on 04 Aug 2015 with Charge ID 10585259 was modified on 14 Mar 2024.
Ceased
Tusharbhai Subhashbhai Bavarva ceased to be Additional Director.
Ceased
Becharbhai Odhavjibhai Rangpadia ceased to be Director.
Ceased
Harsath Balubhai Patel ceased to be Director.
Ceased
Mahesh Balubhai Patel ceased to be Director.
Ceased
Mukeshbhai Duralabhajibhai Bavarava ceased to be Director.
Ceased
Rajeshkumar Devjibhai Bavarva ceased to be Director.
Appointed
Tusharbhai Subhashbhai Bavarva was appointed as Additional Director.

12 earlier events are in the company report.

Frequently asked questions

Claystone Granito is an active private limited company based in Morbi, Gujarat, India. The company works in sanitaryware and tile, within the manufacturing industry. It was incorporated on 28 January 2015 (11+ years old) and is registered under CIN U26933GJ2015PTC082063.

Claystone Granito has 3 current directors:

The latest financial statements of Claystone Granito on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Claystone Granito is 24AAFCC9203R1ZB, registered in Gujarat.

The CIN (Corporate Identification Number) of Claystone Granito is U26933GJ2015PTC082063. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Claystone Granito has 3 court cases on record: 2 filed by the company and 1 filed against it. 1 is pending. Most are in the high courts.

Claystone Granito was incorporated on 28 January 2015, making it 11+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Claystone Granito has 3 deals on record (2 secondary share transfers, 1 rights issue); the latest was in July 2019.

The peers of Claystone Granito by revenue are Nextile Marbosys Private Limited, Duracon Vitrified Private Limited, Ibis Smart Marble Private Limited, Siyaram Granito Private Limited, Rey Ceracreation Private Limited and 2 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).

Tusharbhai Subhashbhai Bavarva ceased to be Additional Director on 01 Oct 2019. Becharbhai Odhavjibhai Rangpadia ceased to be Director on 20 Mar 2019. Harsath Balubhai Patel ceased to be Director on 20 Mar 2019. Claystone Granito has 17 board changes on record in total.

Yes, Claystone Granito is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-32-0003047).