About Erode Granites Private Limited
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Erode Granites Private Limited is a private limited company based in Erode, Tamil Nadu, India. It operates in the mining and mineral extraction segment of the metals and mining sector. It was incorporated on 30 October 1986 and has been in existence for over 40 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U14102TZ1986PTC001855.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹12.5 Lakh. It is led by directors including Moyyad Abid Sarela and Rabindra Kumar Baishnab Chand.
Its last annual general meeting (AGM) was held on 27 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at D. No 68 Telephone Nagar Bhavani Bye – Pass Road Chithode, Erode, Tamil Nadu, India – 638003.
As per the financials filed for FY 2018, the company reported a revenue of ₹7.1 Lakh, a growth of 5% compared to the previous year. For the same year it recorded a net loss of ₹57.09 Lakh and EBITDA of -₹54.18 Lakh.
As per MCA filings, the company has open charges of ₹52 Cr and satisfied charges of ₹20.34 Cr on record. Court records list 4 cases involving the company, including 1 filed by the company and 3 filed against it; 1 case is pending.
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 tagoffshore.net.
Company details
Contact details
Erode Granites Private Limited's registered office is in Erode, Tamil Nadu. Its website is tagoffshore.net. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressD. No 68 Telephone Nagar Bhavani Bye – Pass Road Chithode, Erode, Tamil Nadu, India – 638003
- IndustryMetals and Minerals, Mining & Mineral Extraction
To see the full contact details of Erode 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 Erode Granites Private Limited
FY 2018 filings availableErode Granites Private Limited reported revenue of ₹7.1 Lakh (up 5% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue rose 5% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹7.1 Lakh | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹54.18 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹57.09 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | ||||
| Net Profit Margin | ||||
| 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 Erode Granites Private Limited, buy the company report.
Board of directors of Erode Granites Private Limited
Erode Granites has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Balasubramanian Venkiteswaran Iyer Also directs: Srijan Investments Limited | Additional Director | 20 Oct 2018 | 8 Years 0 Months | Current |
| Swapan Kumar Pobi Also directs: Srijan Investments Limited | Additional Director | 20 Oct 2018 | 8 Years 0 Months | Current |
| Moyyad Abid Sarela Also directs: Srijan Investments Limited | Director | 01 Apr 2019 | 7 Years 6 Months | Current |
| Rabindra Kumar Baishnab Chand Also directs: S.S.Projects Limited, Srijan Investments Limited | Director | 24 Jun 2014 | 12 Years 3 Months | Current |
Peer comparison
Erode Granites Private Limited is compared with the 10 companies closest to it by revenue in the Metals and Minerals industry (Mining), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Krishnabala Mining Resources Private Limited | ₹7.32 Lakh (FY 2024) | 7.0% | Kolkata, West Bengal, India | |||
| VKL Infrastructure Products Private Limited | ₹7.31 Lakh (FY 2025) | 45.0% | Thiruvananthapuram, Kerala, India | |||
| Manusrika Stone Impex Private Limited | ₹7.27 Lakh (FY 2025) | -78.0% | Udaipur, Rajasthan, India | |||
| Pure Rock Sand Private Limited | ₹7.18 Lakh (FY 2025) | 12.0% | Thrissur, Kerala, India | |||
| Kashawati Limestone and Marble Private Limited | ₹7.17 Lakh (FY 2025) | -5.0% | Jaipur, Rajasthan, India | |||
| Erode Granites Private Limitedthis company | ₹7.1 Lakh (FY 2018) | -₹57.09 Lakh | 5.0% | Erode, Tamil Nadu, India | ||
| Scindia Potteries and Services Private Limited | ₹7.04 Lakh (FY 2024) | 15.0% | New Delhi, Delhi, India | |||
| Bundi Silica Private Limited | ₹7.02 Lakh (FY 2025) | -30.0% | Kota, Rajasthan, India | |||
| Dynasty Minerals Private Limited | ₹7.01 Lakh (FY 2022) | 20.0% | Ahmedabad, Gujarat, India | |||
| Geo Mine and Minerals Private Limited | ₹7 Lakh (FY 2023) | -64.0% | Bhopal, Madhya Pradesh, India | |||
| JJ Rock Sand Private Limited | ₹6.94 Lakh (FY 2024) | 1.0% | Ernakulam, Kerala, India |
To see the full peer comparison of Erode Granites Private Limited, buy the company report.
Auditor
Erode Granites Private Limited is audited by R R D L & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R R D L & ASSOCIATES | FY 2018 | 120322W |
Shareholding
The shareholding of Erode Granites Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Erode Granites Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Aug 2017 | 100120940 | Others | ₹10 Cr | Open | |
| 24 Feb 2016 | 100023362 | United Bank of India | ₹42 Cr | Open | |
| 20 Oct 2014 | 10545645 | Yes Bank Limited | ₹10 Cr | Satisfied | |
| 20 Oct 2014 | 10545646 | Yes Bank Limited | ₹10 Cr | Satisfied | |
| 06 Oct 1989 | 90326500 | Canara Bank | ₹10 Lakh | Satisfied |
To see the full charge records of Erode Granites Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Erode Granites Private Limited has 4 court cases on record: 1 filed by Erode Granites, 3 filed against it. 1 case is pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 1 |
| High courts | 1 | 0 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South, Delhi | Criminal case | Filed against the company by M/S Phoenix Arc Pvt Ltd | Pending |
| District court, South, Delhi | Revision petition | Filed against the company by M/S Hero Fincorp Ltd. | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Filed against the company by Hero Fincrop Ltd | Disposed |
| High Court, TAMIL NADU | Writ petition | Filed by the company against T.N.I.I.C Ltd Ms-14 Rep by and 1 other | Disposed |
To see the full case history of Erode Granites 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 Erode 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 Erode Granites Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Erode Granites Private Limited has 8 board changes on record since 2014: 4 appointments and 4 cessations. The latest: Moyyad Abid Sarela was appointed as Director on 01 Apr 2019.
11 earlier events are in the company report.
Frequently asked questions
Erode Granites is an active private limited company based in Erode, Tamil Nadu, India. The company works in mining and mineral extraction, within the metals and minerals industry. It was incorporated on 30 October 1986 (40+ years old) and is registered under CIN U14102TZ1986PTC001855.
Erode Granites has 4 current directors:
- Balasubramanian Venkiteswaran Iyer - Additional Director
- Swapan Kumar Pobi - Additional Director
- Moyyad Abid Sarela - Director
- Rabindra Kumar Baishnab Chand - Director
The latest financial statements of Erode Granites on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 27 September 2018. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Erode Granites is U14102TZ1986PTC001855. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Erode Granites has 4 court cases on record: 1 filed by the company and 3 filed against it. 1 is pending. Most are in the district courts.
Erode Granites was incorporated on 30 October 1986, making it 40+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Erode Granites by revenue are Krishnabala Mining Resources Private Limited, VKL Infrastructure Products Private Limited, Manusrika Stone Impex Private Limited, Pure Rock Sand Private Limited, Kashawati Limestone and Marble Private Limited and 5 more, all in the Metals and Minerals industry (Mining).
Moyyad Abid Sarela was appointed as Director on 01 Apr 2019. Balasubramanian Venkiteswaran Iyer was appointed as Additional Director on 20 Oct 2018. Bharat Tejalal Wagh ceased to be Director on 20 Oct 2018. Erode Granites has 8 board changes on record in total.
Erode Granites can be reached through the website tagoffshore.net. Its registered office is in Erode, Tamil Nadu, India.
The registered office of Erode Granites is at D. No 68 Telephone Nagar Bhavani Bye – Pass Road Chithode, Erode, Tamil Nadu, India – 638003.
Erode Granites operates in the metals and minerals industry, in the mining and mineral extraction segment.