MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-32-0000333
Finstone Granito Private Limited - manufacturing in Morbi, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2022
₹38.73 Cr
▼ 3% YoY
Net profit · FY 2022
₹28.22 Lakh
Net margin 0.7%
EBITDA · FY 2022
₹5.91 Cr
EBITDA margin 15.2%
Authorised capital
₹15 Cr
Registered with MCA
Paid-up capital
₹12 Cr
Issued & subscribed
Satisfied charges
₹39.18 Cr
No open charges
Company age
10 yrs
Est. 2016
Employees · EPFO
14
Provident fund records
About Finstone Granito Private Limited
Data last updated:
Finstone Granito Private Limited is a private limited company based in Morbi, Gujarat, India. It operates in the sanitaryware and tile segment of the manufacturing sector. It was incorporated on 01 May 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U26914GJ2016PTC091776. Its GSTIN is 24AACCF8067D1ZS (Gujarat).
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹12 Cr. It is led by directors including Bharatkumar Laljibhai Bhimani and Tejas Rajesh Patel.
Its last annual general meeting (AGM) was held on 29 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Survey No.69P1 & 69P2 At Gala Chowkdi 8 A National Highway Gala, Morbi, Gujarat, India – 363642.
As per the financials filed for FY 2022, the company reported a revenue of ₹38.73 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹28.22 Lakh (net margin 0.7%) and EBITDA of ₹5.91 Cr (EBITDA margin 15.2%). Revenue has grown at a compounded annual rate (CAGR) of 30% over three years.
The company has about 14 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹39.18 Cr on record. Court records list 2 cases involving the company, including 2 filed against it.
Finstone Granito Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-32-0000333). 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 finstonegranito.com.
Company details
CIN U26914GJ2016PTC091776
Registration Number 091776
Incorporation Date 01 May 2016
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2022
Date of Balance Sheet 31 March 2022
Compliance Status Active Non-Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-32-0000333
Key People
Bharatkumar Laljibhai Bhimani Director Tejas Rajesh Patel Director Ketul Keshavlal Bhimani Director Recognitions & Rankings of Finstone Granito
Contact details
Finstone Granito Private Limited's registered office is in Morbi, Gujarat. Its website is finstonegranito.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSurvey No.69P1 & 69P2 At Gala Chowkdi 8 A National Highway Gala, Morbi, Gujarat, India – 363642
- IndustryManufacturing, Sanitaryware & Tile, Ceramics
To see the full contact details of Finstone Granito Private Limited, buy the company report.
Comprehensive company report
Finstone 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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Business activity
The main business activity of Finstone 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 Finstone Granito Private Limited, buy the company report.
Financials of Finstone Granito Private Limited
FY 2022 filings availableFinstone Granito Private Limited reported revenue of ₹38.73 Cr (down 3% YoY) for FY 2022.
Revenue · FY 2022
₹38.73 Cr ▼ 3%
Net profit · FY 2022
₹28.22 Lakh margin 0.7%
EBITDA · FY 2022
₹5.91 Cr margin 15.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 3%
3 years · compounded
▲ 30%
EBITDA CAGR growth
1 year
▼ 6%
3 years · compounded
▲ 57%
Revenue fell 3% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 30%. EBITDA fell 6% 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 | ₹38.73 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹5.91 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹28.22 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 | 15.2% | ||||
| Net Profit Margin | 0.7% | ||||
| 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 Finstone Granito Private Limited, buy the company report.
Board of directors of Finstone Granito Private Limited
Finstone Granito has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bharatkumar Laljibhai Bhimani Also directs: Milota Tiles LLP | Director | 01 May 2016 | 10 Years 5 Months | Current |
| Tejas Rajesh Patel | Director | 25 Jan 2017 | 9 Years 9 Months | Current |
| Ketul Keshavlal Bhimani | Director | 25 Jan 2017 | 9 Years 9 Months | Current |
Peer comparison
Finstone Granito Private Limited is compared with the 6 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 |
|---|---|---|---|---|---|---|
| Soriso Ceramic Private Limited | ₹40.33 Cr (FY 2025) | -22.0% | Dist: Rajkot, Gujarat, India | |||
| Strawberry Ceramic Private Limited | ₹39.83 Cr (FY 2025) | 0.0% | Morbi, Gujarat, India | |||
| Shreeji Vitrified Private Limited | ₹39.48 Cr (FY 2025) | -6.0% | Lalpar, Gujarat, India | |||
| BVL Infrastructure Private Limited | ₹39.23 Cr (FY 2024) | -31.0% | Tangutur, Andhra Pradesh, India | |||
| Finstone Granito Private Limitedthis company | ₹38.73 Cr (FY 2022) | ₹28.22 Lakh | 0.7% | -3.0% | 14 | Morbi, Gujarat, India |
| Viviana Vitrified Private Limited | ₹38.34 Cr (FY 2025) | 12.0% | Bela Rangpar, Gujarat, India | |||
| Savio Ceramica Private Limited | ₹38.23 Cr (FY 2025) | -26.0% | Ghuntu, Gujarat, India |
To see the full peer comparison of Finstone Granito Private Limited, buy the company report.
Auditor
Finstone Granito Private Limited is audited by B B KALARIA AND COMPANY for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B B KALARIA AND COMPANY | FY 2022 | 127220W |
Shareholding
The shareholding of Finstone Granito Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Finstone Granito Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹39.18 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Jun 2017 | 100104490 | Others | ₹39.18 Cr | Satisfied |
To see the full charge records of Finstone Granito Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Finstone Granito Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Total cases
2
Filed against the company
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Vadodara, Gujarat | Commercial matter | Filed against the company by G.R.M. Ceramics Pvt. Ltd. Authorized Person Pinal B. Patel | Disposed |
| District court, MORBI, Gujarat | Criminal miscellaneous application | Filed against the company by N V Raval Authorized Officer Saurastra Gramin Bank | Disposed |
To see the full case history of Finstone 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
Finstone Granito Private Limited was last rated by Crisil on 02 Sep 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 02 Sep 2020 |
To see the full credit ratings and regulatory alerts of Finstone Granito Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Finstone Granito Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Finstone Granito Private Limited has a workforce of 14 employees on its EPFO records as of Mar 22, 2024, across 1 active EPFO establishment.
Employee count
14
Active EPFO establishments
1
Employee growth
-22.22%
GST
Finstone Granito has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCF8067D1ZS | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Finstone Granito Private Limited, buy the company report.
Recent activity
Finstone Granito Private Limited has 6 board changes on record since 2016: 3 appointments and 3 cessations. The latest: Ashok Bhagvanjibhai Delvadiya ceased to be Director on 29 Sep 2021.
Charges
A charge registered on 03 Jun 2017 via Charge ID 100104490 with Others was fully satisfied on 20 Mar 2024.
AGM
Finstone Granito Private Limited last Annual general meeting of members was held on 29 Sep 2022 as per latest MCA records.
Filing
Finstone Granito Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Ahmedabad.
Charges
A charge with Others of Rs. 39.18 Cr registered on 03 Jun 2017 with Charge ID 100104490 was modified on 09 Feb 2022.
Ceased
Ashok Bhagvanjibhai Delvadiya ceased to be Director.
Ceased
Bhavesh Harjeevanbhi Patel ceased to be Director.
Ceased
Pritehkumar Harjivanbhai Patel ceased to be Director.
Charges
A charge with Others amounted to Rs. 39.18 Cr with Charge ID 100104490 was registered on 03 Jun 2017.
Appointed
Ketul Keshavlal Bhimani was appointed as Director.
Appointed
Tejas Rajesh Patel was appointed as Director.
Appointed
Bharatkumar Laljibhai Bhimani was appointed as Director.
Incorporation
01 May 2016
Finstone Granito Private Limited was registered on 01 May 2016 with Roc Ahmedabad & aged 10 years 6 months as per MCA records.
Frequently asked questions
Finstone Granito is an active private limited company based in Morbi, Gujarat, India. The company works in sanitaryware and tile, within the manufacturing industry. It was incorporated on 01 May 2016 (10+ years old) and is registered under CIN U26914GJ2016PTC091776.
Finstone Granito has 3 current directors:
- Bharatkumar Laljibhai Bhimani - Director
- Tejas Rajesh Patel - Director
- Ketul Keshavlal Bhimani - Director
The latest financial statements of Finstone Granito on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 29 September 2022. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Finstone Granito is 24AACCF8067D1ZS, registered in Gujarat.
The CIN (Corporate Identification Number) of Finstone Granito is U26914GJ2016PTC091776. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Finstone Granito has 2 court cases on record: 2 filed against it.
Finstone Granito was incorporated on 01 May 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Finstone Granito by revenue are Soriso Ceramic Private Limited, Strawberry Ceramic Private Limited, Shreeji Vitrified Private Limited, BVL Infrastructure Private Limited, Viviana Vitrified Private Limited and 1 more, 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).
Ashok Bhagvanjibhai Delvadiya ceased to be Director on 29 Sep 2021. Bhavesh Harjeevanbhi Patel ceased to be Director on 18 Mar 2019. Pritehkumar Harjivanbhai Patel ceased to be Director on 18 Mar 2019. Finstone Granito has 6 board changes on record in total.
Yes, Finstone Granito is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-32-0000333).
Finstone Granito can be reached through the website finstonegranito.com. Its registered office is in Morbi, Gujarat, India.
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