About Devinarayan Granites Limited
Data last updated:
Devinarayan Granites Limited is a public limited company based in Chennai, Tamil Nadu, India. It operates in the ceramics segment of the manufacturing sector. It was incorporated on 24 June 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U68100TN1996PLC035848. Its GSTIN is 33AAACD3141J1Z3 (Tamil Nadu). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1.6 Cr and a paid-up capital of ₹1.6 Cr. It is led by directors including Narayanaswamy Mahesh (Managing Director) and Chitrakuda Kandadai Krishnamachari (Whole-Time Director).
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 6 Link St II Floor Kotturpuram Madras;85, Chennai, Tamil Nadu, India – 600085.
As per the financials filed for FY 2025, the company reported a revenue of ₹14.1 Lakh, a decline of 94% compared to the previous year. For the same year it recorded a net loss of ₹34.05 Lakh (net margin -241.4%) and EBITDA of -₹31.72 Lakh (EBITDA margin -224.9%). Revenue has declined at a compounded annual rate (CAGR) of 36% over three years and 27% over five years.
The company has about 4 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹20.6 Lakh on record. Court records list 7 cases involving the company, including 7 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website devinarayangranites.com.
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- Registered Address6 Link St II Floor Kotturpuram Madras;85, Chennai, Tamil Nadu, India – 600085
- IndustryManufacturing, Ceramics, Sanitaryware & Tile
- 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
- One PDF report, delivered after checkout
Business Activity of Devinarayan Granites Limited
The main business activity of Devinarayan Granites is mining and quarrying. In detail, this covers other mining & quarrying activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| B | Mining and quarrying | B4 | Other Mining & Quarrying Activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Devinarayan Granites Limited FY 2025 filings available
Devinarayan Granites Limited reported revenue of ₹14.1 Lakh (down 94% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Devinarayan Granites Limited
Revenue has declined at a compounded annual rate (CAGR) of 27% over five years, including a 94% fall in the latest year. EBITDA fell 129% 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 of Devinarayan Granites Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | -₹31.72 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹34.05 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 of Devinarayan Granites Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -224.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -241.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Devinarayan Granites are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Devinarayan Granites Limited
Devinarayan Granites Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Ceramics, Sanitaryware and Tiles). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| NJ Flow India Private Limited | ₹14.76 Lakh (FY 2024) | •••• | •••• | -41.0% | •••• | Rajkot, Gujarat, India |
| J.B. Stone Private Limited | ₹14.63 Lakh (FY 2025) | •••• | •••• | -49.0% | •••• | Chittorgarh, Rajasthan, India |
| Kanha Granites Private Limited | ₹14.57 Lakh (FY 2024) | •••• | •••• | 942.0% | •••• | Delhi, India |
| Samrat Sanitary Wares Private Limited | ₹14.44 Lakh (FY 2025) | •••• | •••• | 30.0% | •••• | Rajkot, Gujarat, India |
| Suraj Marmograni Private Limited | ₹14.35 Lakh (FY 2022) | •••• | •••• | 18.0% | •••• | Rajsamand, Rajasthan, India |
| Devinarayan Granites Limited this company | ₹14.1 Lakh (FY 2025) | •••• | •••• | -94.0% | •••• | Chennai, Tamil Nadu, India |
| Lucky Marbles Private Limited | ₹14.1 Lakh (FY 2025) | •••• | •••• | 53.0% | •••• | Ad Rajsamand, Rajasthan, India |
| Neogress Ceramic Private Limited | ₹13.98 Lakh (FY 2022) | •••• | •••• | •••• | Mira Road, Maharashtra, India | |
| Julphar Ceramics India Private Limited | ₹13.93 Lakh (FY 2017) | •••• | •••• | -95.0% | •••• | Ernakulam, Kerala, India |
| Vaksons Ceramics Private Limited | ₹13.84 Lakh (FY 2025) | •••• | •••• | 5.0% | •••• | Haryana, India |
| Aquila Ceramic Private Limited | ₹13.63 Lakh (FY 2023) | •••• | •••• | -96.0% | •••• | Morbi, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Devinarayan Granites by revenue in the Manufacturing industry (Ceramics, Sanitaryware and Tiles), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Devinarayan Granites Limited
Devinarayan Granites has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sujatha | Director | 27 May 2024 | 2 Years 4 Months | Current |
| Narayanaswamy Mahesh | Managing Director | 24 Jun 1996 | 30 Years 3 Months | Current |
| Chitrakuda Kandadai Krishnamachari | Whole-Time Director | 07 Oct 2024 | 2 Years 0 Months | Current |
Charges & Borrowings of Devinarayan Granites Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Jun 2020 | Bank of India | ₹6 Lakh | Satisfied |
| 26 Oct 2015 | Bank of India | ₹14.6 Lakh | Satisfied |
Total charge records: 2 View all charges
Legal Cases of Devinarayan Granites Limited
Devinarayan Granites Limited has 7 court cases on record: 7 filed by Devinarayan Granites. All cases are disposed. Status as checked between 01 Oct 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 0 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court for State of Telangana | Writ petition | Filed by the company against Aptonline Limited | Disposed |
| High Court of Andhra Pradesh | Writ petition | Filed by the company against Aptonline Limited | Disposed |
| Madras High Court | Interim or miscellaneous application | Filed by the company against Appellate Authority | Disposed |
| Madras High Court | Writ petition | Filed by the company against Appellate Authority | Disposed |
| Madras High Court | Writ petition | Filed by the company against State of Tamilnadu | Disposed |
Full case history
All 7 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Devinarayan Granites Limited
Employment history and EPFO contributions of people linked to Devinarayan Granites.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Devinarayan Granites Limited
Devinarayan Granites has one previous CIN (Corporate Identification Number): U14291TN1996PLC035848. The current CIN is U68100TN1996PLC035848, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U68100TN1996PLC035848 | Current |
| U14291TN1996PLC035848 | Previous |
Recent Activity on Devinarayan Granites Limited
Devinarayan Granites Limited has 9 board changes on record since 1996: 3 appointments and 6 cessations. The latest: Chitrakuda Kandadai Krishnamachari ceased to be Additional Director on 29 Sep 2025.
4 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Devinarayan Granites Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Devinarayan Granites Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Devinarayan Granites Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Devinarayan Granites Limited
Devinarayan Granites has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACD3141J1Z3 | Tamil Nadu | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Devinarayan Granites Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Devinarayan Granites Limited
Devinarayan Granites is an active public limited company based in Chennai, Tamil Nadu, India. The company works in ceramics, within the manufacturing industry. It was incorporated on 24 June 1996 (30+ years old) and is registered under CIN U68100TN1996PLC035848.
Devinarayan Granites reported revenue of ₹14.1 Lakh for FY 2025 (down 94% YoY).
Devinarayan Granites has 3 current directors:
- Narayanaswamy Mahesh - Managing Director
- Chitrakuda Kandadai Krishnamachari - Whole-Time Director
- Sujatha - Director
Devinarayan Granites reported a net loss of ₹34.05 Lakh (net margin -241.4%) and EBITDA of -₹31.72 Lakh (EBITDA margin -224.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Devinarayan Granites is -36% over three years and -27% over five years. In the latest year (FY 2025) revenue fell 94%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Devinarayan Granites is 33AAACD3141J1Z3, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Devinarayan Granites is U68100TN1996PLC035848. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Devinarayan Granites has 7 court cases on record: 7 filed by the company.
Devinarayan Granites was incorporated on 24 June 1996, making it 30+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Devinarayan Granites by revenue are NJ Flow India Private Limited, J.B. Stone Private Limited, Kanha Granites Private Limited, Samrat Sanitary Wares Private Limited, Suraj Marmograni Private Limited and 5 more, all in the Manufacturing industry (Ceramics, Sanitaryware and Tiles).
Chitrakuda Kandadai Krishnamachari ceased to be Additional Director on 29 Sep 2025. Chitrakuda Kandadai Krishnamachari was appointed as Whole-Time Director on 07 Oct 2024. Sujatha ceased to be Additional Director on 29 Sep 2024. Devinarayan Granites has 9 board changes on record in total.