Glittek Granites Limited - manufacturing in Hosakote, Karnataka, India. FY 2026 financials & compliance.
CIN L27201KA1990PLC023497 Incorporated 29 October 1990 ROC Bangalore HQ Hosakote, Karnataka, India
Active Listed - BSE: 513528 Public Limited Company manufacturing
Revenue · FY 2026
₹1.41 Cr
▼ 98% YoY
Net loss · FY 2026
₹44 Lakh
Net margin -31.2%
EBITDA · FY 2026
-₹1.7 Cr
EBITDA margin -120.6%
Authorised capital
₹14 Cr
Registered with MCA
Paid-up capital
₹12.98 Cr
Issued & subscribed
Open charges
₹16.99 Cr
Satisfied ₹23.7 Cr
Company age
36 yrs
Est. 1990
Employees · EPFO
37
Provident fund records

About Glittek Granites Limited

Data last updated:

Glittek Granites Limited is a public limited company based in Hosakote, Karnataka, India. It operates in the sanitaryware and tile segment of the manufacturing sector. It was incorporated on 29 October 1990 and has been in existence for over 36 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN L27201KA1990PLC023497. Its GSTIN is 29AABCG0782B1ZW (Karnataka). It is a listed company as per MCA records. Its shares are listed on BSE: 513528.

The company has an authorised share capital of ₹14 Cr and a paid-up capital of ₹12.98 Cr. It is led by directors including Malvika Sureka and Manish Killa.

Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Hosakote, Karnataka.

As per the financials filed for FY 2026, the company reported a revenue of ₹1.41 Cr, a decline of 98% compared to the previous year. For the same year it recorded a net loss of ₹44 Lakh (net margin -31.2%) and EBITDA of -₹1.7 Cr (EBITDA margin -120.6%). Revenue has declined at a compounded annual rate (CAGR) of 84% over three years and 68% over five years.

The company has about 37 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Glittek Granites. As per MCA filings, the company has open charges of ₹16.99 Cr and satisfied charges of ₹23.7 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website glittek.com.

Company details

CIN L27201KA1990PLC023497
Registration Number 023497
Incorporation Date 29 October 1990
ROC Bangalore
Listing Status Listed - Listed on BSE (513528)
Company Status Active
Compliance Status Active Compliant

CIN history

Glittek Granites has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L27201KA1990PLC023497, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L27201KA1990PLC023497Current
L85110KA1990PLC023497Previous
U85110KA1990PLC023497Previous
L14102KA1990PLC023497Previous

Contact details

Glittek Granites Limited's registered office is in Hosakote, Karnataka.

  • Social Media
  • Registered Address
    Honnappa Building 2nd Floor V.V. Extension, Behind Mcm Iti College Old Madras Road, Hosakote, Karnataka, India – 562114
  • Industry
    Manufacturing, Sanitaryware & Tile, Ceramics
Comprehensive company report
Glittek Granites 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

Glittek Granites operates one associated brand: Glittek Granites. Each brand links to its own profile.

BrandDescriptionWebsite
Flooring supplies including marbles and granites are manufactured and distributed.glittek.com

Business activity

The main business activity of Glittek Granites is mining and quarrying. In detail, this covers other mining & quarrying activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
BMining and quarryingB4Other Mining & Quarrying Activities

To see the full business activity and turnover split of Glittek Granites Limited, buy the company report.

Financials of Glittek Granites Limited

FY 2026 filings available

Glittek Granites Limited reported revenue of ₹1.41 Cr (down 98% YoY) for FY 2026.

Revenue · FY 2026
₹1.41 Cr ▼ 98%
Net loss · FY 2026
₹44 Lakh margin -31.2%
EBITDA · FY 2026
-₹1.7 Cr margin -120.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 98%
3 years · compounded
▼ 84%
5 years · compounded
▼ 68%
EBITDA CAGR growth
1 year
▲ 92%

Revenue has declined at a compounded annual rate (CAGR) of 68% over five years, including a 98% fall in the latest year. EBITDA rose 92% 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

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹1.41 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹1.7 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹44 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

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Profitability
EBITDA Margin-120.6%
Net Profit Margin-31.2%
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 Glittek Granites Limited, buy the company report.

Board of directors of Glittek Granites Limited

Glittek Granites has 6 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Malvika SurekaDirector07 Feb 20224 Years 9 MonthsCurrent
Manish KillaDirector20 Nov 20241 Years 11 MonthsCurrent
Siddhartha AgarwalDirector21 Sep 20242 Years 1 MonthsCurrent
Maheshkumar Jatashankar ThankiAdditional Director25 Jun 20260 Years 4 MonthsCurrent
Bhargav Girjashankar ThankiAdditional Director25 Jun 20260 Years 4 MonthsCurrent
Bhavin ThankiAdditional Director25 Jun 20260 Years 4 MonthsCurrent

Charges & borrowings

Open charges
₹16.99 Cr
Satisfied charges
₹23.7 Cr
Breakdown by lending institutions
State Bank of India₹16.99 Cr
Industrial Development Bank of Inida₹3.78 Cr
Industrial Development Bank of India₹2.12 Cr
Hdfc Bank Limited₹0.81 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
12 Jun 201410506768Hdfc Bank Limited₹20.49 LakhSatisfied
20 May 201410506765Hdfc Bank Limited₹23.61 LakhSatisfied
07 May 201410506754Hdfc Bank Limited₹12.88 LakhSatisfied
07 May 201410506757Hdfc Bank Limited₹23.61 LakhSatisfied
15 Dec 199980007543State Bank of India₹16.99 CrSatisfied

To see the full charge records of Glittek Granites Limited, buy the company report.

Total charge records: 7 View all charges

MSME payment delays

Glittek Granites Limited has 4 MSME Form 1 returns on record between 2018 and 2023, listing 14 overdue payments to 7 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 7)

SupplierAmount dueDue sinceReported on
an individual supplier
Granite Mart Limited
A 2 Z Logistics India Private Limited
Diabu Diamond Tools (India) Private Limited
San Trans

To see the full MSME payment records of Glittek Granites Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

GST

Glittek Granites has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AABCG0782B1ZWKarnatakaActive01 Jul 2017

To see the full GST registrations and return filing status of Glittek Granites Limited, buy the company report.

Recent activity

Glittek Granites Limited has 25 board changes on record since 1990: 17 appointments and 8 cessations. The latest: Bhargav Girjashankar Thanki was appointed as Additional Director on 25 Jun 2026.

Appointed
Bhargav Girjashankar Thanki was appointed as Additional Director.
Appointed
Bhavin Thanki was appointed as Additional Director.
Appointed
Maheshkumar Jatashankar Thanki was appointed as Additional Director.
Filing
Glittek Granites Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Bangalore.
AGM
Glittek Granites Limited last Annual general meeting of members was held on 25 Sep 2025 as per latest MCA records.
Charges
A charge registered on 15 Dec 1999 via Charge ID 80007543 with State Bank Of India was fully satisfied on 07 Mar 2025.
Appointed
Manish Killa was appointed as Director.
Ceased
Ajje Thimme Gowda ceased to be Director.
Ceased
Arumugam Venkatesh ceased to be Director.
Ceased
Ratan Kumar Bajaj ceased to be Additional Director.
Appointed
Siddhartha Agarwal was appointed as Director.
Appointed
Ratan Kumar Bajaj was appointed as Additional Director.

31 earlier events are in the company report.

Frequently asked questions

Glittek Granites is an active public limited company based in Hosakote, Karnataka, India. The company works in sanitaryware and tile, within the manufacturing industry. It was incorporated on 29 October 1990 (36+ years old) and is registered under CIN L27201KA1990PLC023497. Listed on BSE: 513528.

Glittek Granites has 6 current directors:

The latest financial statements of Glittek Granites on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 25 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Glittek Granites is 29AABCG0782B1ZW, registered in Karnataka.

The CIN (Corporate Identification Number) of Glittek Granites is L27201KA1990PLC023497. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Glittek Granites is a listed company as per MCA records. Its shares are listed on BSE (code: 513528).

Glittek Granites was incorporated on 29 October 1990, making it 36+ years old. It is registered with the Registrar of Companies, Bangalore.

Bhargav Girjashankar Thanki was appointed as Additional Director on 25 Jun 2026. Bhavin Thanki was appointed as Additional Director on 25 Jun 2026. Maheshkumar Jatashankar Thanki was appointed as Additional Director on 25 Jun 2026. Glittek Granites has 25 board changes on record in total.

Glittek Granites has 4 MSME Form 1 returns on record between 2018 and 2023, listing 14 overdue payments to 7 micro and small suppliers. The latest return was filed on 27 Aug 2023.

Glittek Granites can be reached through the website glittek.com. Its registered office is in Hosakote, Karnataka, India.

The registered office of Glittek Granites is at Honnappa Building 2nd Floor V.V. Extension, Behind Mcm Iti College Old Madras Road, Hosakote, Karnataka, India – 562114.