MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-32-0002653
Conor Granito Private Limited - manufacturing in Morbi, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹91.73 Cr
▼ 20% YoY
Net profit · FY 2025
₹96.88 Lakh
Net margin 1.1%
EBITDA · FY 2025
₹5.24 Cr
EBITDA margin 5.7%
Authorised capital
₹12 Cr
Registered with MCA
Paid-up capital
₹11.39 Cr
Issued & subscribed
Open charges
₹74.5 Cr
Satisfied ₹30.94 Cr
Company age
11 yrs
Est. 2015
Employees · EPFO
13
Provident fund records
About Conor Granito Private Limited
Data last updated:
Conor Granito Private Limited is a private limited company based in Morbi, Gujarat, India. It operates in the ceramics segment of the manufacturing sector. It was incorporated on 25 August 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U26911GJ2015PTC084311. Its GSTIN is 24AAGCC1554J1ZS (Gujarat).
The company has an authorised share capital of ₹12 Cr and a paid-up capital of ₹11.39 Cr. It is led by directors Dhirendra Kumar Kavar and Dipakkumar Jivrajbhai Serasiya.
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 S. No. 150P1 Nr. Accord Plus Tal. & Dist. Morbi, Gujarat, India – 363641.
As per the financials filed for FY 2025, the company reported a revenue of ₹91.73 Cr, a decline of 20% compared to the previous year. For the same year it recorded a net profit of ₹96.88 Lakh (net margin 1.1%) and EBITDA of ₹5.24 Cr (EBITDA margin 5.7%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 1% over five years.
The company has about 13 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: CONOR Granito. As per MCA filings, the company has open charges of ₹74.5 Cr and satisfied charges of ₹30.94 Cr on record. Court records list 5 cases involving the company, including 1 filed by the company and 4 filed against it; 1 case is pending. The company has 9 deals on record (9 secondary share transfers); the latest was in June 2022. Its 5 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, 2 larger and 3 smaller; the largest is Redstone Granito Private Limited with revenue of ₹94.18 Cr.
Conor Granito Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-32-0002653). 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 conorgranito.com.
Company details
CIN U26911GJ2015PTC084311
Registration Number 084311
Incorporation Date 25 August 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-32-0002653
CIN history
Conor Granito has one previous CIN (Corporate Identification Number): U26933GJ2015PTC084311. The current CIN is U26911GJ2015PTC084311, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U26911GJ2015PTC084311 | Current |
| U26933GJ2015PTC084311 | Previous |
Recognitions & Rankings of Conor Granito
Contact details
Conor Granito Private Limited's registered office is in Morbi, Gujarat. Its website is conorgranito.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressS. No. 150P1 Nr. Accord Plus Tal. & Dist. Morbi, Gujarat, India – 363641
- IndustryManufacturing, Ceramics, Sanitaryware & Tile
To see the full contact details of Conor Granito Private Limited, buy the company report.
Comprehensive company report
Conor 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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Secure checkout · GST invoice included
Brands
Conor Granito operates one associated brand: CONOR Granito. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures and exports ceramic tiles, including vitrified, glazed, and polished options. | conorgranito.com |
Business activity
The main business activity of Conor Granito is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Conor Granito Private Limited, buy the company report.
Financials of Conor Granito Private Limited
FY 2025 filings availableConor Granito Private Limited reported revenue of ₹91.73 Cr (down 20% YoY) for FY 2025.
Revenue · FY 2025
₹91.73 Cr ▼ 20%
Net profit · FY 2025
₹96.88 Lakh margin 1.1%
EBITDA · FY 2025
₹5.24 Cr margin 5.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 20%
3 years · compounded
▼ 5%
5 years · compounded
▲ 1%
EBITDA CAGR growth
1 year
▼ 16%
3 years · compounded
▼ 13%
5 years · compounded
▼ 10%
Revenue fell 20% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA fell 16% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | ₹5.24 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹96.88 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.7% | ||||
| Net Profit Margin | 1.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Conor Granito Private Limited, buy the company report.
Board of directors of Conor Granito Private Limited
Conor Granito has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dhirendra Kumar Kavar | Director | 28 Jul 2016 | 10 Years 3 Months | Current |
| Dipakkumar Jivrajbhai Serasiya | Director | 28 Jul 2016 | 10 Years 3 Months | Current |
Peer comparison
Conor Granito Private Limited is compared with the 5 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Redstone Granito Private Limited | ₹94.18 Cr (FY 2025) | -6.0% | Lakaddhar, Gujarat, India | |||
| Conffi Sanitaryware Private Limited | ₹93.48 Cr (FY 2023) | 9.0% | Rajkot, Gujarat, India | |||
| Conor Granito Private Limitedthis company | ₹91.73 Cr (FY 2025) | ₹96.88 Lakh | 1.1% | -20.0% | 13 | Morbi, Gujarat, India |
| Tocco Ceramic Private Limited | ₹91.26 Cr (FY 2023) | -20.0% | ||||
| Coral Granito Private Limited | ₹90.4 Cr (FY 2025) | 4.0% | Lalpar, Gujarat, India | |||
| Skajen Vitrified Private Limited | ₹90.3 Cr (FY 2025) | -3.0% | Haripar, Gujarat, India |
To see the full peer comparison of Conor Granito Private Limited, buy the company report.
Auditor
Conor Granito Private Limited is audited by Hadial Nanalal Pitanmber for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Hadial Nanalal Pitanmber | FY 2023 |
Shareholding
The shareholding of Conor Granito 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 Conor Granito Private Limited, buy the company report.
Charges & borrowings
Open charges
₹74.5 Cr
Satisfied charges
₹30.94 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Jun 2021 | 100453633 | Hdfc Bank Limited | ₹37.25 Cr | Open | |
| 15 Apr 2021 | 100437968 | Hdfc Bank Limited | ₹37.25 Cr | Open | |
| 04 Feb 2016 | 10627060 | State Bank of India | ₹30.94 Cr | Satisfied |
To see the full charge records of Conor Granito Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Conor Granito Private Limited has 9 deals on record (9 secondary share transfers); the latest was in June 2022.
Total deals
9
Secondary share transfers
9
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jun 2022 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: Prabhubhai Mavajibhai Kasundra Huf, 3 individuals |
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| Nov 2021 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| Sep 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of Conor Granito Private 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
Conor Granito Private Limited has 5 court cases on record: 1 filed by Conor Granito, 4 filed against it. 1 case is pending and 4 are disposed.
Total cases
5
Filed by the company
1
Filed against the company
4
Pending
1
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 3 | 1 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Special civil application | Filed against the company by M/S Levita Granito LLP and 161 others | Disposed |
| District court, MORBI, Gujarat | Criminal complaint | Filed by the company against M/S A B S Tiles Centre and 2 others | Pending |
| District court, RAJKOT, Gujarat | Court case (AGRMNT LC) | Filed against the company by an individual | Disposed |
| District court, RAJKOT, Gujarat | Court case (AGRMNT LC) | Filed against the company by an individual | Disposed |
| District court, RAJKOT, Gujarat | Court case (AGRMNT LC) | Filed against the company by an individual | Disposed |
To see the full case history of Conor Granito 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Conor Granito Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Conor Granito Private Limited has a workforce of 13 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
Employee count
13
Active EPFO establishments
1
Employee growth
-7.14%
GST
Conor Granito has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCC1554J1ZS | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Conor Granito Private Limited, buy the company report.
Recent activity
Conor Granito Private Limited has 12 board changes on record since 2015: 7 appointments and 5 cessations. The latest: Hardik Kumar Pravinbhai Kasundra ceased to be Director on 23 Dec 2022.
AGM
Conor Granito Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited of Rs. 37.25 Cr registered on 11 Jun 2021 with Charge ID 100453633 was modified on 04 Apr 2025.
Filing
Conor Granito Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Hdfc Bank Limited of Rs. 37.25 Cr registered on 15 Apr 2021 with Charge ID 100437968 was modified on 30 Apr 2024.
Ceased
Hardik Kumar Pravinbhai Kasundra ceased to be Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 37.25 Cr with Charge ID 100453633 was registered on 11 Jun 2021.
Charges
A charge registered on 04 Feb 2016 via Charge ID 10627060 with State Bank Of India was fully satisfied on 10 May 2021.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 37.25 Cr with Charge ID 100437968 was registered on 15 Apr 2021.
Ceased
Bharat Amarshibhai Zalaria ceased to be Director.
Ceased
Dharamshi Damjibhai Panara ceased to be Director.
Ceased
Narayanbhai Bhagvanjibhai Zalaria ceased to be Director.
Charges
A charge with State Bank Of India of Rs. 30.94 Cr registered on 04 Feb 2016 with Charge ID 10627060 was modified on 13 Nov 2017.
10 earlier events are in the company report.
Frequently asked questions
Conor Granito is an active private limited company based in Morbi, Gujarat, India. The company works in ceramics, within the manufacturing industry. It was incorporated on 25 August 2015 (11+ years old) and is registered under CIN U26911GJ2015PTC084311.
Conor Granito has 2 current directors:
- Dhirendra Kumar Kavar - Director
- Dipakkumar Jivrajbhai Serasiya - Director
The latest financial statements of Conor 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 FY 2016 are in the company report.
The GSTIN of Conor Granito is 24AAGCC1554J1ZS, registered in Gujarat.
The CIN (Corporate Identification Number) of Conor Granito is U26911GJ2015PTC084311. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Conor Granito has 5 court cases on record: 1 filed by the company and 4 filed against it. 1 is pending. Most are in the district courts.
Conor Granito was incorporated on 25 August 2015, making it 11+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Conor Granito has 9 deals on record (9 secondary share transfers); the latest was in June 2022.
The peers of Conor Granito by revenue are Redstone Granito Private Limited, Conffi Sanitaryware Private Limited, Tocco Ceramic Private Limited, Coral Granito Private Limited, Skajen Vitrified Private Limited, 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).
Hardik Kumar Pravinbhai Kasundra ceased to be Director on 23 Dec 2022. Bharat Amarshibhai Zalaria ceased to be Director on 03 May 2019. Dharamshi Damjibhai Panara ceased to be Director on 03 May 2019. Conor Granito has 12 board changes on record in total.
Yes, Conor Granito is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-32-0002653).