Coral Granites Private Limited
About Coral Granites Private Limited
Data last updated:
Coral Granites Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the other metals and minerals segment of the metals and mining sector. It was incorporated on 29 November 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U26960MH1988PTC049816.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹22.02 Lakh. It is led by directors Varsha Deepak Wadhwa and Deepak Vasudev Wadhwa.
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 12 Happy Home No 244 Waterfield Road Bandra, Mumbai, Maharashtra, India – 400050.
As per the financials filed for FY 2022, the company reported a revenue of ₹3.86 Lakh, a decline of 15% compared to the previous year. For the same year it recorded a net profit of ₹2.59 Lakh (net margin 67.2%) and EBITDA of -₹2,500 (EBITDA margin -0.6%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years and 2% over five years.
As per MCA filings, the company has open charges of ₹2.19 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Coral Granites Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address12 Happy Home No 244 Waterfield Road Bandra, Mumbai, Maharashtra, India – 400050
- IndustryMetals and Minerals, Other Metals & Minerals
To see the full contact details of Coral Granites Private 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
Financials of Coral Granites Private Limited
FY 2025 filings availableCoral Granites Private Limited reported revenue of ₹3.86 Lakh (down 15% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 2% over five years, including a 15% fall 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹3.86 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹2,500 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.59 Lakh | ||||
| 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
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.6% | ||||
| Net Profit Margin | 67.2% | ||||
| 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 Coral Granites Private Limited, buy the company report.
Board of directors of Coral Granites Private Limited
Coral Granites has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Varsha Deepak Wadhwa Also directs: Vijay Alloys Private Limited, Babulal Mehta Engineer Pvt Ltd, Bella Estates Private Limited and 3 more | Director | 01 Apr 1992 | 34 Years 7 Months | Current |
| Deepak Vasudev Wadhwa Also directs: Vijay Alloys Private Limited, Babulal Mehta Engineer Pvt Ltd, Anmol Properties Private Limited and 4 more | Director | 29 Nov 1988 | 37 Years 11 Months | Current |
Auditor
Coral Granites Private Limited is audited by S R BHAT & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S R BHAT & CO | FY 2019 | 011564S |
Shareholding
The shareholding of Coral Granites Private Limited is on record for 2 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Coral Granites Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Nov 1995 | 90210870 | Indian Bank | ₹66.61 Lakh | Open | |
| 06 Aug 1992 | 90212291 | Indian Bank | ₹54.63 Lakh | Open | |
| 06 Aug 1992 | 90214466 | Indian Bank | ₹27 Lakh | Open | |
| 04 Aug 1992 | 90212290 | Indian Bank | ₹54.63 Lakh | Open | |
| 28 Mar 1989 | 90211914 | State Bank of Bikaner and Jaipur | ₹8 Lakh | Open |
To see the full charge records of Coral Granites Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
No court or tribunal cases involving Coral Granites Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Coral Granites Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Coral Granites Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Coral Granites Private Limited has 2 board changes on record since 1988: 2 appointments. The latest: Varsha Deepak Wadhwa was appointed as Director on 01 Apr 1992.
2 earlier events are in the company report.
Frequently asked questions
Coral Granites is an active private limited company based in Mumbai, Maharashtra, India. The company works in other metals and minerals, within the metals and minerals industry. It was incorporated on 29 November 1988 (38+ years old) and is registered under CIN U26960MH1988PTC049816.
Coral Granites has 2 current directors:
- Varsha Deepak Wadhwa - Director
- Deepak Vasudev Wadhwa - Director
The latest financial statements of Coral Granites 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 CIN (Corporate Identification Number) of Coral Granites is U26960MH1988PTC049816. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Coral Granites was incorporated on 29 November 1988, making it 38+ years old. It is registered with the Registrar of Companies, Mumbai.
Varsha Deepak Wadhwa was appointed as Director on 01 Apr 1992. Deepak Vasudev Wadhwa was appointed as Director on 29 Nov 1988.
The registered office of Coral Granites is at 12 Happy Home No 244 Waterfield Road Bandra, Mumbai, Maharashtra, India – 400050.
Coral Granites operates in the metals and minerals industry, in the other metals and minerals segment.
Coral Granites has open charges of ₹2.19 Cr and no satisfied charges on record as per latest MCA filings.
The compliance status of Coral Granites is compliant as of 22 September 2026. The company is actively filing with the Registrar of Companies.
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