About Gorani Industries Limited
Data last updated:
Gorani Industries Limited is a public limited company based in Indore, Madhya Pradesh, India. It specialises in electronics manufacturing, a part of the broader consumer electronics and durables sector. Incorporated on 14 March 1995, the company has been in operation for over 31 years.
Registered with ROC Gwalior under CIN L28121MP1995PLC009170. Listed on BSE: 531608.
Capital: an authorised share capital of ₹18 Cr and a paid-up capital of ₹5.36 Cr. It is led by directors including Raina Goyal and Ayush Shukla.
Last AGM: 26 September 2025. Financial statements filed for year ended 31 March 2025. Office: 32 – 33 Sector – F Sanwer Road, Indore, Madhya Pradesh, India – 452015.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹37.15 Cr, a decline of 15.24% compared to the previous year.
The company has a workforce of approximately 220 employees as per the latest available data.
The company is associated with 1 brand - Gorani Industries. As per MCA filings, the company has open charges of ₹12.74 Cr and satisfied charges of ₹4.8 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 gorani-industries-limited.business.site.
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- Social Media
- Registered Address32 – 33 Sector – F Sanwer Road, Indore, Madhya Pradesh, India – 452015
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Associated Brands with Gorani Industries
Gorani Industries operates one associated brand: Gorani Industries. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturer of kitchen appliances including chimneys, gas hobs, stoves, and geysers | goraniindustries.com |
Business Activity of Gorani Industries
The main business activity of Gorani Industries is manufacturing. In detail, this covers metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | Locked |
Business activity turnover details for Gorani Industries Limited
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.
Auditor Details of Gorani Industries
Gorani Industries Limited is audited by SANDEEP SURENDRA JAIN & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SANDEEP SURENDRA JAIN & CO. | Locked | Locked | Locked |
Complete auditor history for Gorani Industries Limited
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Gorani Industries Limited
Gorani Industries has 6 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raina Goyal | Director | 01 Jan 2019 | 7 Years 9 Months | Current |
| Ayush Shukla | Director | 12 Feb 2021 | 5 Years 7 Months | Current |
| Nakul Gorani | Whole-Time Director | 20 Mar 2013 | 13 Years 6 Months | Current |
| Sanjay Kumar Gorani | Managing Director | 14 Mar 1995 | 31 Years 6 Months | Current |
| Geet Gorani | Director | 11 Jan 2023 | 3 Years 8 Months | Current |
| Arpita Jain | Director | 01 Oct 2025 | 1 Years 0 Months | Current |
Financials of Gorani Industries Limited FY 2025-26 filings available
Gorani Industries Limited reported revenue of ₹37.15 Cr (down 15.24% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · StandaloneRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 37.15 | 43.83 | 42.32 | 42.05 | 28.76 | 18.40 | 21.43 |
| Revenue growth | -15.1% | +4.9% | +0.1% | +52.6% | +50.6% | -14.4% | +4.1% |
| EBITDA | 2.02 | 2.44 | 2.85 | 2.63 | 2.93 | 1.25 | 1.40 |
| EBITDA margin | +5.4% | +5.6% | +6.7% | +6.3% | +10.2% | +6.8% | +6.5% |
| Profit before tax | 0.94 | 1.20 | 1.78 | 2.02 | 2.27 | 0.92 | 0.89 |
| Net profit | 0.63 | 0.87 | 1.36 | 1.50 | 1.67 | 0.67 | 0.64 |
| Net profit margin | +1.7% | +2.0% | +3.2% | +3.6% | +5.8% | +3.6% | +3.0% |
| EPS (₹) | 1.18 | 1.60 | 2.53 | 2.79 | 3.41 | 1.35 | 1.33 |
| Balance sheet | |||||||
| Total assets | - | 24.47 | 22.74 | 22.71 | 17.29 | 8.66 | 8.54 |
| Net worth | - | 13.26 | 12.50 | 11.24 | 9.67 | 5.78 | 5.11 |
| Total debt | - | 11.04 | 10.20 | 11.41 | 7.50 | 2.83 | 3.42 |
| Cash & bank | - | 0.04 | 0.04 | 3.02 | 1.55 | 0.86 | 0.52 |
| Net working capital | - | 21.48 | 19.48 | 19.55 | 14.09 | 5.94 | 5.85 |
| Cash flow | |||||||
| Cash from operations | - | 0.28 | (0.45) | (1.36) | (5.13) | 1.42 | 2.01 |
| Cash from investing | - | (0.04) | (0.33) | (0.37) | (0.85) | (0.36) | (0.50) |
| Cash from financing | - | (0.24) | (2.21) | 3.19 | 6.67 | (0.72) | (1.90) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 5.17 | 7.81 | 9.07 | 8.62 | 11.65 | 7.20 | 12.94 | 12.32 |
| Revenue growth (YoY) | -55.6% | +8.5% | -29.9% | -30.0% | +10.6% | -37.9% | +20.5% | +3.2% |
| Other income | 0.01 | 0.43 | 0.00 | 0.00 | 0.00 | 0.03 | 0.02 | 0.16 |
| Total expenses | 5.23 | 7.63 | 8.55 | 8.02 | 10.93 | 6.34 | 12.05 | 12.66 |
| EBITDA | (0.06) | 0.18 | 0.52 | 0.60 | 0.72 | 0.86 | 0.89 | (0.34) |
| EBITDA margin | -1.2% | +2.3% | +5.7% | +7.0% | +6.2% | +11.9% | +6.9% | -2.8% |
| Depreciation | 0.09 | 0.10 | 0.10 | 0.10 | 0.10 | 0.10 | 0.10 | 0.10 |
| Interest | 0.18 | 0.36 | 0.20 | 0.27 | 0.28 | 0.30 | 0.26 | 0.26 |
| Profit before tax | (0.32) | 0.15 | 0.22 | 0.23 | 0.34 | 0.49 | 0.55 | (0.54) |
| Tax | (0.08) | 0.11 | 0.06 | 0.06 | 0.09 | 0.15 | 0.15 | (0.14) |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 5.17 | 7.81 | 9.07 | 8.62 | 11.65 | 7.20 | 12.94 | 12.32 |
| Revenue growth (YoY) | -55.6% | +8.5% | -29.9% | -30.0% | +10.6% | -37.9% | +20.5% | +3.2% |
| Other income | 0.01 | 0.43 | 0.00 | 0.00 | 0.00 | 0.03 | 0.02 | 0.16 |
| Total expenses | 5.23 | 7.63 | 8.55 | 8.02 | 10.93 | 6.34 | 12.05 | 12.66 |
| EBITDA | (0.06) | 0.18 | 0.52 | 0.60 | 0.72 | 0.86 | 0.89 | (0.34) |
| EBITDA margin | -1.2% | +2.3% | +5.7% | +7.0% | +6.2% | +11.9% | +6.9% | -2.8% |
| Depreciation | 0.09 | 0.10 | 0.10 | 0.10 | 0.10 | 0.10 | 0.10 | 0.10 |
| Interest | 0.18 | 0.36 | 0.20 | 0.27 | 0.28 | 0.30 | 0.26 | 0.26 |
| Profit before tax | (0.32) | 0.15 | 0.22 | 0.23 | 0.34 | 0.49 | 0.55 | (0.54) |
| Tax | (0.08) | 0.11 | 0.06 | 0.06 | 0.09 | 0.15 | 0.15 | (0.14) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 37.15 | 43.83 | 42.32 | 42.05 | 28.76 | 18.40 | 21.43 |
| Revenue growth | -15.1% | +4.9% | +0.1% | +52.6% | +50.6% | -14.4% | +4.1% |
| Other income | 0.43 | 0.24 | 0.34 | 0.54 | 0.11 | 0.12 | 0.05 |
| Total expenses | 35.13 | 41.39 | 39.47 | 39.42 | 25.83 | 17.15 | 20.03 |
| Employee cost | 0.00 | 4.41 | 4.06 | 3.02 | 2.76 | 1.72 | 1.48 |
| EBITDA | 2.02 | 2.44 | 2.85 | 2.63 | 2.93 | 1.25 | 1.40 |
| EBITDA margin | +5.4% | +5.6% | +6.7% | +6.3% | +10.2% | +6.8% | +6.5% |
| Depreciation | 0.40 | 0.40 | 0.41 | 0.43 | 0.38 | 0.32 | 0.29 |
| Interest | 1.11 | 1.08 | 1.00 | 0.72 | 0.39 | 0.13 | 0.27 |
| Profit before tax | 0.94 | 1.20 | 1.78 | 2.02 | 2.27 | 0.92 | 0.89 |
| Tax | 0.31 | 0.33 | 0.42 | 0.53 | 0.60 | 0.25 | 0.25 |
| Net profit | 0.63 | 0.87 | 1.36 | 1.50 | 1.67 | 0.67 | 0.64 |
| Net profit margin | +1.7% | +2.0% | +3.2% | +3.6% | +5.8% | +3.6% | +3.0% |
| EPS (₹) | 1.18 | 1.60 | 2.53 | 2.79 | 3.41 | 1.35 | 1.33 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | - | 5.36 | 5.36 | 5.36 | 4.88 | 4.88 | 4.88 |
| Reserves & surplus | - | 7.90 | 7.14 | 5.88 | 2.50 | 0.90 | 0.23 |
| Shareholders' funds (net worth) | - | 13.26 | 12.50 | 11.24 | 9.67 | 5.78 | 5.11 |
| Secured loans | - | 11.04 | 10.20 | 10.84 | 6.66 | 2.54 | 2.63 |
| Unsecured loans | - | 0.00 | 0.00 | 0.57 | 0.84 | 0.29 | 0.79 |
| Total debt | - | 11.04 | 10.20 | 11.41 | 7.50 | 2.83 | 3.42 |
| Total liabilities | - | 24.47 | 22.74 | 22.71 | 17.29 | 8.66 | 8.54 |
| Assets | |||||||
| Gross block | - | 5.75 | 5.63 | 5.20 | 5.00 | 4.11 | 3.81 |
| Net block | - | 3.02 | 3.31 | 3.28 | 3.34 | 2.83 | 2.85 |
| Capital work in progress | - | 0.00 | 0.02 | 0.03 | 0.02 | 0.06 | 0.01 |
| Investments | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventories | - | 17.37 | 14.60 | 12.03 | 9.54 | 3.26 | 3.06 |
| Sundry debtors | - | 8.87 | 9.48 | 8.63 | 5.06 | 4.48 | 6.05 |
| Cash & bank balances | - | 0.04 | 0.04 | 3.02 | 1.55 | 0.86 | 0.52 |
| Loans & advances | - | 1.44 | 0.46 | 1.20 | 1.25 | 0.38 | 0.29 |
| Total current assets | - | 27.72 | 24.58 | 24.88 | 17.40 | 8.98 | 9.92 |
| Total current liabilities | - | 6.24 | 5.10 | 5.33 | 3.31 | 3.04 | 4.07 |
| Net working capital | - | 21.48 | 19.48 | 19.55 | 14.09 | 5.94 | 5.85 |
| Total assets | - | 24.47 | 22.74 | 22.71 | 17.29 | 8.66 | 8.54 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | - | 0.03 | 3.02 | 1.55 | 0.86 | 0.52 | 0.91 |
| Net cash from operating activities | - | 0.28 | (0.45) | (1.36) | (5.13) | 1.42 | 2.01 |
| Net cash from investing activities | - | (0.04) | (0.33) | (0.37) | (0.85) | (0.36) | (0.50) |
| Net cash from financing activities | - | (0.24) | (2.21) | 3.19 | 6.67 | (0.72) | (1.90) |
| Net change in cash | - | 0.00 | (2.99) | 1.47 | 0.69 | 0.34 | (0.38) |
| Closing cash | - | 0.04 | 0.04 | 3.02 | 1.55 | 0.86 | 0.52 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -15.2% | +3.6% | +0.6% | +46.2% | +56.3% | -14.1% | +5.0% |
| EBITDA growth | -17.2% | -14.4% | +8.4% | -10.2% | +134.4% | -10.7% | +19.7% |
| PBT growth | -21.7% | -32.6% | -11.9% | -11.0% | +146.7% | +3.4% | +7.2% |
| Net income growth | -27.6% | -36.0% | -9.3% | -10.2% | +149.3% | +4.7% | +12.3% |
| Revenue CAGR (3Y) | -4.1% | +15.1% | +32.0% | +25.2% | +12.1% | -2.9% | +43.2% |
| EBITDA CAGR (3Y) | -8.4% | -5.9% | +31.6% | +23.4% | +35.8% | +7.0% | +47.1% |
| Profitability & leverage | |||||||
| Net income margin | +1.7% | +2.0% | +3.2% | +3.5% | +5.8% | +3.6% | +3.0% |
| Return on capital employed | - | +9.7% | +12.2% | +13.7% | +20.4% | +12.0% | +12.4% |
| Return on net worth | - | +6.7% | +11.5% | +14.3% | +21.5% | +12.1% | +12.6% |
| Debt / equity | - | 0.82 | 0.91 | 0.90 | 0.67 | 0.57 | 0.87 |
| Long-term debt / equity | - | 0.03 | 0.05 | 0.07 | 0.05 | 0.01 | 0.03 |
| Interest cover | 68.52 | 52.94 | 40.98 | 32.73 | 15.29 | 13.98 | 24.32 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 7.70 | 7.82 | 8.25 | 6.31 | 4.65 | 6.24 |
| Inventory turnover | - | 2.74 | 3.18 | 3.90 | 4.49 | 5.82 | 6.31 |
| Debtors turnover | - | 4.78 | 4.67 | 6.14 | 6.03 | 3.49 | 4.39 |
| EPS (₹) | 1.18 | 1.60 | 2.53 | 2.79 | 3.41 | 1.35 | 1.33 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 24.73 | 23.32 | 20.97 | 15.14 | 11.84 | 10.46 |
Shareholding Pattern of Gorani Industries Limited
Shareholding for the quarter ended Mar 2026: promoters hold 62.30%, foreign institutional investors hold 0.00%, domestic institutional investors hold 1.30% and retail and other public shareholders hold 36.40%.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | |
|---|---|---|---|---|
| Promoters | 62.30% | 62.30% | 62.30% | 62.30% |
| Public | 37.70% | 37.70% | 37.70% | 37.70% |
Charges & Borrowings of Gorani Industries
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Oct 2019 | Axis Bank Limited | ₹12.74 Cr | Open |
| 23 Jan 2019 | Yes Bank Limited | ₹29.92 Lakh | Satisfied |
| 29 Nov 1997 | Central Bank of India | ₹50 Lakh | Satisfied |
| 28 Feb 1997 | Others | ₹2 Cr | Satisfied |
| 27 Apr 1996 | Central Bank of India | ₹1.1 Cr | Satisfied |
Total charge records: 6 View all charges
Employees and EPFO Compliance at Gorani Industries
Gorani Industries Limited has a workforce of 220 employees as of Apr 04, 2024.
Employee and EPFO history for Gorani Industries Limited
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
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GST Compliance of Gorani Industries
GST registrations and filing compliance for Gorani Industries Limited
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
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Credit Ratings, Litigation & Regulatory Alerts for Gorani Industries
Credit ratings, litigation, and regulatory alerts for Gorani Industries Limited
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by Gorani Industries
MSME payment history for Gorani Industries Limited
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
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Subsidiaries & Group Companies of Gorani Industries
Corporate group structure for Gorani Industries Limited
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
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MCA Filings & Documents of Gorani Industries
MCA filings and documents for Gorani Industries Limited
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.
Recent Activity on Gorani Industries
Frequently Asked Questions about Gorani Industries Limited
Gorani Industries is an active public limited company in the consumer electronics and durables sector based in Indore, Madhya Pradesh, India. It was incorporated on 14 March 1995 (31+ years old) and is registered under CIN L28121MP1995PLC009170. Listed on BSE: 531608. The company has 220 employees.
Gorani Industries reported revenue of ₹37.15 Cr for FY 2025-26 (down 15.24% YoY) based on standalone financials.
The current directors of Gorani Industries are:
- Raina Goyal - Director
- Ayush Shukla - Director
- Nakul Gorani - Whole-Time Director
- Sanjay Kumar Gorani - Managing Director
- Geet Gorani - Director
- Arpita Jain - Director
The primary industry of Gorani Industries is consumer electronics and durables. The company specifically operates in electronics manufacturing. The company is currently active in this sector.
Yes. Gorani Industries is listed on BSE with code 531608.
Gorani Industries can be reached at the registered office: 32 – 33 Sector – F Sanwer Road, Indore, Madhya Pradesh, India – 452015, or through the website gorani-industries-limited.business.site.