About Cruso Granito Private Limited
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Cruso Granito Private Limited is a private limited company based in Wankaner, Gujarat, India. It operates in the ceramics segment of the manufacturing sector. It was incorporated on 12 May 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U26990GJ2016PTC091956. Its GSTIN is 24AAGCC4588A1ZV (Gujarat).
The company has an authorised share capital of ₹32 Cr and a paid-up capital of ₹32 Cr. It is led by directors including Vashudev Chhaganbhai Barasara and Anand Rameshbhai Vadhadia.
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 Wankaner, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹41.86 Cr, a decline of 43% compared to the previous year. For the same year it recorded a net loss of ₹15.98 Cr (net margin -38.2%) and EBITDA of -₹8.56 Cr (EBITDA margin -20.5%). Revenue has declined at a compounded annual rate (CAGR) of 9% over three years and 14% over five years.
The company has about 10 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Cruso Granito. As per MCA filings, the company has open charges of ₹62.84 Cr on record. Court records list 121 cases involving the company, including 56 filed by the company and 65 filed against it; 84 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website cruso.in.
Company details
Contact details
Cruso Granito Private Limited's registered office is in Wankaner, Gujarat. Its website is cruso.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSurvey No. 168/1P 168/2P2 169P1 169P2 170P2 170P4 & 170P5 8 – A National Highway At: Vagh, Asiya, Wankaner, Gujarat, India – 363621
- IndustryManufacturing, Ceramics, Sanitaryware & Tile
To see the full contact details of Cruso Granito 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
Brands
Cruso Granito operates one associated brand: Cruso Granito. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing and exporting of porcelain slabs and vitrified tiles in India. | cruso.in |
Business activity
The main business activity of Cruso 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 Cruso Granito Private Limited, buy the company report.
Financials of Cruso Granito Private Limited
FY 2025 filings availableCruso Granito Private Limited reported revenue of ₹41.86 Cr (down 43% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 14% over five years, including a 43% fall in the latest year. EBITDA fell 811% 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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| EBITDA | -₹8.56 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹15.98 Cr | ||||
| Balance Sheet | |||||
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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 | -20.5% | ||||
| Net Profit Margin | -38.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Cruso Granito Private Limited, buy the company report.
Board of directors of Cruso Granito Private Limited
Cruso Granito has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vashudev Chhaganbhai Barasara Also directs: Romano Trimpex LLP | Director | 24 Jan 2023 | 3 Years 9 Months | Current |
| Anand Rameshbhai Vadhadia Also directs: Sinaloa International LLP, Parot Renewables LLP | Director | 12 May 2016 | 10 Years 5 Months | Current |
| Yogesh Arvindbhai Vadhadia Also directs: Parot Renewables LLP | Director | 13 Aug 2022 | 4 Years 2 Months | Current |
Peer comparison
Cruso 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 |
|---|---|---|---|---|---|---|
| Passion Vitrified Private Limited | ₹42.45 Cr (FY 2025) | -38.0% | Matel, Gujarat, India | |||
| Iscon Ceramic Private Limited | ₹42.31 Cr (FY 2025) | -2.0% | Jambudiya, Gujarat, India | |||
| Veto Ceramic Private Limited | ₹42.1 Cr (FY 2024) | 20.0% | Jambudia, Gujarat, India | |||
| Cruso Granito Private Limitedthis company | ₹41.86 Cr (FY 2025) | -₹15.98 Cr | -38.2% | -43.0% | 10 | Wankaner, Gujarat, India |
| Agl Industries Limited | ₹41.59 Cr (FY 2025) | 5.0% | Prantij, Gujarat, India | |||
| Saimax Ceramic Private Limited | ₹41.27 Cr (FY 2025) | -20.0% | Rangpar, Gujarat, India |
To see the full peer comparison of Cruso Granito Private Limited, buy the company report.
Auditor
Cruso Granito Private Limited is audited by VSSK&CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VSSK&CO | FY 2023 | 142999W |
Shareholding
The shareholding of Cruso 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 Cruso Granito Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Sep 2017 | 100126018 | Others | ₹62.84 Cr | Open |
To see the full charge records of Cruso Granito Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Cruso Granito Private Limited has 121 court cases on record: 56 filed by Cruso Granito, 65 filed against it. 84 cases are pending and 37 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 120 | 65 | 83 |
| High courts | 1 | 0 | 1 |
Cases on record (5 of 121)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, kachchh at Bhuj, Gujarat | Commercial matter | Filed against the company by SNF Flopam India Pvt Ltd Thru Ajaykumar Tiwari | Pending |
| District court, MORBI, Gujarat | Criminal complaint | Filed against the company by Arvindbhai Jadavjibhai Bhojani - Grow More Autopack LLP C.A. 7,50,000 | Pending |
| District court, MORBI, Gujarat | Criminal complaint | Filed against the company by Bharatkumar Hargovindbhai Zalavadiya Director Autho Person of Sicer India Pvt Ltd C.A.4031000 | Pending |
| District court, MORBI, Gujarat | Criminal complaint | Filed against the company by Heng Xing Mould Pvt Ltd - Hareshbhai Gordhanbhai Desai C.A. 1057516 | Pending |
| District court, MORBI, Gujarat | Commercial matter | Filed against the company by Avadh Plus Microns LLP - Nikul Chandubhai Godhaviya | Pending |
To see the full case history of Cruso 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
Cruso Granito Private Limited was last rated by Care on 23 Aug 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 23 Aug 2021 |
To see the full credit ratings and regulatory alerts of Cruso Granito Private Limited, buy the company report.
MSME payment delays
Cruso Granito Private Limited has 4 MSME Form 1 returns on record between 2018 and 2019, listing 559 overdue payments to 100 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 100)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Ms Shree Shyam Minerals Sikar | |||
| an individual supplier | |||
| Hari Coal Corporation - Morbi | |||
| Sandhya Infoprint Private Limited |
To see the full MSME payment records of Cruso Granito Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Cruso Granito Private Limited has a workforce of 10 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
GST
Cruso Granito has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCC4588A1ZV | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Cruso Granito Private Limited, buy the company report.
Recent activity
Cruso Granito Private Limited has 7 board changes on record since 2016: 3 appointments and 4 cessations. The latest: Devendra Bachubhai Patel ceased to be Director on 24 Jan 2023.
Frequently asked questions
Cruso Granito is an active private limited company based in Wankaner, Gujarat, India. The company works in ceramics, within the manufacturing industry. It was incorporated on 12 May 2016 (10+ years old) and is registered under CIN U26990GJ2016PTC091956.
Cruso Granito has 3 current directors:
- Vashudev Chhaganbhai Barasara - Director
- Anand Rameshbhai Vadhadia - Director
- Yogesh Arvindbhai Vadhadia - Director
The latest financial statements of Cruso 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 2017 are in the company report.
The GSTIN of Cruso Granito is 24AAGCC4588A1ZV, registered in Gujarat.
The CIN (Corporate Identification Number) of Cruso Granito is U26990GJ2016PTC091956. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cruso Granito has 121 court cases on record: 56 filed by the company and 65 filed against it. 84 are pending. Most are in the district courts.
Cruso Granito was incorporated on 12 May 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Cruso Granito by revenue are Passion Vitrified Private Limited, Iscon Ceramic Private Limited, Veto Ceramic Private Limited, Agl Industries Limited, Saimax Ceramic 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).
Devendra Bachubhai Patel ceased to be Director on 24 Jan 2023. Vashudev Chhaganbhai Barasara was appointed as Director on 24 Jan 2023. Dharam Pragjibhai Chatrola ceased to be Director on 13 Aug 2022. Cruso Granito has 7 board changes on record in total.
Cruso Granito has 4 MSME Form 1 returns on record between 2018 and 2019, listing 559 overdue payments to 100 micro and small suppliers. The latest return was filed on 23 Jul 2019.
Cruso Granito can be reached through the website cruso.in. Its registered office is in Wankaner, Gujarat, India.
The registered office of Cruso Granito is at Survey No. 1681P 1682P2 169P1 169P2 170P2 170P4 & 170P5 8 – A National Highway At: Vagh, Asiya, Wankaner, Gujarat, India – 363621.
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