MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-32-0002650
Coral Granito Private Limited - manufacturing in Lalpar, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹90.4 Cr
▲ 4% YoY
Net loss · FY 2025
₹1.61 Cr
Net margin -1.8%
EBITDA · FY 2025
₹9.72 Cr
EBITDA margin 10.8%
Authorised capital
₹12.5 Cr
Registered with MCA
Paid-up capital
₹10.42 Cr
Issued & subscribed
Open charges
₹48.6 Cr
Satisfied ₹9 Lakh
Company age
19 yrs
Est. 2007
Employees · EPFO
15
Provident fund records
About Coral Granito Private Limited
Data last updated:
Coral Granito Private Limited is a private limited company based in Lalpar, Gujarat, India. It operates in the ceramics segment of the manufacturing sector. It was incorporated on 12 December 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U26933GJ2007PTC052319. Its GSTIN is 24AADCC2544D1Z8 (Gujarat).
The company has an authorised share capital of ₹12.5 Cr and a paid-up capital of ₹10.42 Cr. It is led by directors including Bharat Amarshibhai Zalaria and Dharamshi Damjibhai Panara (Officer In Default).
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. 73/P – 1 Old Rafaleshwar Road B/H. Lalpar Village Tal. Morbi, Gujarat, India – 363642.
As per the financials filed for FY 2025, the company reported a revenue of ₹90.4 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net loss of ₹1.61 Cr (net margin -1.8%) and EBITDA of ₹9.72 Cr (EBITDA margin 10.8%). Revenue has declined at a compounded annual rate (CAGR) of 8% over three years and 2% over five years.
The company has about 15 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Coral Granito. As per MCA filings, the company has open charges of ₹48.6 Cr and satisfied charges of ₹9 Lakh on record. Court records list 5 cases involving the company, including 2 filed by the company and 3 filed against it. The company has 21 deals on record (18 secondary share transfers, 3 funding rounds), with disclosed funding of ₹13.3 Cr; the latest was in March 2024. 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, 3 larger and 2 smaller; the largest is Conffi Sanitaryware Private Limited with revenue of ₹93.48 Cr.
Coral Granito Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-32-0002650). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website coralgranito.com.
Company details
CIN U26933GJ2007PTC052319
Registration Number 052319
Incorporation Date 12 December 2007
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-32-0002650
Key People
Bharat Amarshibhai Zalaria Director Dharamshi Damjibhai Panara Officer In Default Anand Narayanbhai Zalaria Director Recognitions & Rankings of Coral Granito
Contact details
Coral Granito Private Limited's registered office is in Lalpar, Gujarat. Its website is coralgranito.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSurvey No. 73/P – 1 Old Rafaleshwar Road B/H. Lalpar Village Tal. Morbi, Gujarat, India – 363642
- IndustryManufacturing, Ceramics, Sanitaryware & Tile
To see the full contact details of Coral Granito Private Limited, buy the company report.
Comprehensive company report
Coral 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
Coral Granito operates one associated brand: CORAL GRANITO. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures and exports high-quality ceramic tiles for residential and commercial applications. | coralgranito.com |
Business activity
The main business activity of Coral 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 Coral Granito Private Limited, buy the company report.
Financials of Coral Granito Private Limited
FY 2025 filings availableCoral Granito Private Limited reported revenue of ₹90.4 Cr (up 4% YoY) for FY 2025.
Revenue · FY 2025
₹90.4 Cr ▲ 4%
Net loss · FY 2025
₹1.61 Cr margin -1.8%
EBITDA · FY 2025
₹9.72 Cr margin 10.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 4%
3 years · compounded
▼ 8%
5 years · compounded
▼ 2%
EBITDA CAGR growth
1 year
▼ 3%
3 years · compounded
▲ 8%
Revenue rose 4% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 2%. EBITDA fell 3% 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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| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹9.72 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.61 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
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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 | 10.8% | ||||
| Net Profit Margin | -1.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Granito Private Limited, buy the company report.
Board of directors of Coral Granito Private Limited
Coral Granito has 3 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bharat Amarshibhai Zalaria | Director | 01 Apr 2009 | 17 Years 7 Months | Current |
| Dharamshi Damjibhai Panara | Officer In Default | 01 Apr 2025 | 1 Years 7 Months | Current |
| Anand Narayanbhai Zalaria | Director | 04 May 2019 | 7 Years 6 Months | Current |
Peer comparison
Coral 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 |
|---|---|---|---|---|---|---|
| Conffi Sanitaryware Private Limited | ₹93.48 Cr (FY 2023) | 9.0% | Rajkot, Gujarat, India | |||
| Conor Granito Private Limited | ₹91.73 Cr (FY 2025) | -20.0% | Gujarat, India | |||
| Tocco Ceramic Private Limited | ₹91.26 Cr (FY 2023) | -20.0% | ||||
| Coral Granito Private Limitedthis company | ₹90.4 Cr (FY 2025) | -₹1.61 Cr | -1.8% | 4.0% | 15 | Lalpar, Gujarat, India |
| Skajen Vitrified Private Limited | ₹90.3 Cr (FY 2025) | -3.0% | Haripar, Gujarat, India | |||
| Sunshine Vitrious Tiles Private Limited | ₹88.04 Cr (FY 2025) | -39.0% | Wankaner, Gujarat, India |
To see the full peer comparison of Coral Granito Private Limited, buy the company report.
Auditor
Coral Granito Private Limited is audited by Nanalal P. Hadial for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Nanalal P. Hadial | FY 2023 |
Shareholding
The shareholding of Coral 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 Coral Granito Private Limited, buy the company report.
Charges & borrowings
Open charges
₹48.6 Cr
Satisfied charges
₹9 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Apr 2008 | 10100355 | State Bank of India | ₹48.6 Cr | Open | |
| 22 Dec 2014 | 10569768 | Hdfc Bank Limited | ₹9 Lakh | Satisfied |
To see the full charge records of Coral Granito Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Coral Granito Private Limited has 21 deals on record (18 secondary share transfers, 3 funding rounds), with disclosed funding of ₹13.3 Cr; the latest was in March 2024.
Total deals
21
Secondary share transfers
18
Funding rounds
3
Disclosed funding
₹13.3 Cr
Deals on record (5 of 21)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Limbabhai Kasundra Huf |
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: Dineshbhai Amarshibhai Zalaria Huf, Ganeshbhai Dharamshibhai Patel Huf, Rameshbhai Amarshibhai Zalaria Huf |
| Jun 2022 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: Dineshbhai Amarshibhai Zalaria Huf, 2 individuals |
| Sep 2010 | Secondary share transfer | Undisclosed | Buyer: Balubhai Dharamshibhai Patel Huf, Gayatri Trading Company, 2 individuals Seller: Laljibhai Savjibhai Sherasia Huf, Jivrajbhai Savjibhai Patel Huf, 2 individuals |
| Feb 2010 | Funding round | ₹1.5 Cr | Investors: Prabhav Industries Limited , Avance Technologies Limited , Mahan Industries Limited |
To see the full deal history of Coral 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
Coral Granito Private Limited has 5 court cases on record: 2 filed by Coral Granito, 3 filed against it. All cases are disposed.
Total cases
5
Filed by the company
2
Filed against the company
3
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 0 |
| High courts | 2 | 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, RAJKOT, Gujarat | Court case (AGRMNT LC) | Filed against the company by an individual | Disposed |
| High Court of Gujarat | Special civil application | Filed by the company against State of Gujarat | Disposed |
| District court, MORBI, Gujarat | Court case (CR EN) | Filed by the company against Sainath Trading Co | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons warrant cases SW) | Filed against the company by an individual | Disposed |
To see the full case history of Coral 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.
Credit ratings & regulatory alerts
Coral Granito Private Limited was last rated by Care on 14 Sep 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 14 Sep 2022 |
To see the full credit ratings and regulatory alerts of Coral Granito Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Coral Granito Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Coral Granito Private Limited has a workforce of 15 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
15
Active EPFO establishments
1
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 15 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Coral Granito Private Limited, buy the company report.
GST
Coral Granito has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCC2544D1Z8 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Coral Granito Private Limited, buy the company report.
Recent activity
Coral Granito Private Limited has 14 board changes on record since 2009: 3 appointments and 11 cessations. The latest: Dharamshi Damjibhai Panara was appointed as Officer In Default on 01 Apr 2025.
AGM
Coral Granito Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Appointed
Dharamshi Damjibhai Panara was appointed as Officer In Default.
Filing
Coral Granito Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with State Bank Of India of Rs. 48.60 Cr registered on 28 Apr 2008 with Charge ID 10100355 was modified on 06 Jun 2023.
Appointed
Anand Narayanbhai Zalaria was appointed as Director.
Ceased
Bharat Manjibhai Kasundra ceased to be Director.
Ceased
Limbabhai Mavjibhai Kasundra ceased to be Director.
Ceased
Mansukhbhai Savjibhai Sherashiya ceased to be Director.
Ceased
Gopalbhai Karamshibhai Bhalodia ceased to be Director.
Ceased
Laljibhai Savjibhai Serasia ceased to be Director.
Ceased
Mahesh Balubhai Patel ceased to be Director.
Ceased
Narayanbhai Bhagvanjibhai Zalaria ceased to be Director.
9 earlier events are in the company report.
Frequently asked questions
Coral Granito is an active private limited company based in Lalpar, Gujarat, India. The company works in ceramics, within the manufacturing industry. It was incorporated on 12 December 2007 (19+ years old) and is registered under CIN U26933GJ2007PTC052319.
Coral Granito has 3 current directors:
- Bharat Amarshibhai Zalaria - Director
- Anand Narayanbhai Zalaria - Director
- Dharamshi Damjibhai Panara - Officer In Default
The latest financial statements of Coral 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 Coral Granito is 24AADCC2544D1Z8, registered in Gujarat.
The CIN (Corporate Identification Number) of Coral Granito is U26933GJ2007PTC052319. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Coral Granito has 5 court cases on record: 2 filed by the company and 3 filed against it. Most are in the district courts.
Coral Granito was incorporated on 12 December 2007, making it 19+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Coral Granito has 21 deals on record (18 secondary share transfers, 3 funding rounds), with disclosed funding of ₹13.3 Cr; the latest was in March 2024.
The peers of Coral Granito by revenue are Conffi Sanitaryware Private Limited, Conor Granito Private Limited, Tocco Ceramic Private Limited, Skajen Vitrified Private Limited, Sunshine Vitrious Tiles 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).
Dharamshi Damjibhai Panara was appointed as Officer In Default on 01 Apr 2025. Anand Narayanbhai Zalaria was appointed as Director on 04 May 2019. Bharat Manjibhai Kasundra ceased to be Director on 04 May 2019. Coral Granito has 14 board changes on record in total.
Yes, Coral Granito is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-32-0002650).
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