Gracious Veneers Private Limited

Gracious Veneers Private Limited - manufacturing in Kalol, Gujarat, India. FY 2026 financials & compliance.
CIN U20211GJ2012PTC070393 Incorporated 17 May 2012 ROC Ahmedabad HQ Kalol, Gujarat, India
Active Private Limited Company manufacturing MSME
Data last updated
Revenue · FY 2024
₹21.63 Cr
▲ 7% YoY
Net profit · FY 2024
₹90.04 Lakh
Net margin 4.2%
EBITDA · FY 2024
₹1.66 Cr
EBITDA margin 7.7%
Authorised capital
₹40 Lakh
Registered with MCA
Paid-up capital
₹40 Lakh
Issued & subscribed
Open charges
₹3.91 Cr
Satisfied ₹2.83 Cr
Company age
14 yrs
Est. 2012
Directors on board
5
As per MCA filings

About Gracious Veneers Private Limited

Data last updated:

Gracious Veneers Private Limited is a private limited company based in Kalol, Gujarat, India. It operates in the wood products and mdf segment of the manufacturing sector. It was incorporated on 17 May 2012 and has been in existence for over 14 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U20211GJ2012PTC070393. Its GSTIN is 24AAECG7393P1ZX (Gujarat).

The company has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹40 Lakh. It is led by directors including Harshaben Jadav Ramnikbhai and Mercy Thomas.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Block No. 832/1 Nr. Temptech Technologies At & Post : – Santej, Kalol, Gujarat, India – 382721.

As per the financials filed for FY 2024, the company reported a revenue of ₹21.63 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹90.04 Lakh (net margin 4.2%) and EBITDA of ₹1.66 Cr (EBITDA margin 7.7%). Revenue has grown at a compounded annual rate (CAGR) of 30% over three years and 3% over five years.

The company is associated with 1 brand: Gracious Veneers. As per MCA filings, the company has open charges of ₹3.91 Cr and satisfied charges of ₹2.83 Cr on record. Court records list 10 cases involving the company, including 10 filed against it.

Gracious Veneers Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-GJ-09-0002026). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website graciousveneers.in.

Company details

CIN U20211GJ2012PTC070393
Registration Number 070393
Incorporation Date 17 May 2012
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-GJ-09-0002026

Recognitions & Rankings of Gracious Veneers

MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-GJ-09-0002026

Contact details

Gracious Veneers Private Limited's registered office is in Kalol, Gujarat. Its website is graciousveneers.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    Block No. 832/1 Nr. Temptech Technologies At & Post : – Santej, Kalol, Gujarat, India – 382721
  • Industry
    Manufacturing, Wood Products & MDF

To see the full contact details of Gracious Veneers Private Limited, buy the company report.

Comprehensive company report
Gracious Veneers 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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Brands

Gracious Veneers operates one associated brand: Gracious Veneers. Each brand links to its own profile.

BrandDescriptionWebsite
Manufacturing of wood veneers and related products in India.graciousveneer.com

Business activity

The main business activity of Gracious Veneers is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC3Wood and wood products, furniture, paper and paper products

To see the full business activity and turnover split of Gracious Veneers Private Limited, buy the company report.

Financials of Gracious Veneers Private Limited

FY 2024 filings available

Gracious Veneers Private Limited reported revenue of ₹21.63 Cr (up 7% YoY) for FY 2024.

Revenue · FY 2024
₹21.63 Cr ▲ 7%
Net profit · FY 2024
₹90.04 Lakh margin 4.2%
EBITDA · FY 2024
₹1.66 Cr margin 7.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 7%
3 years · compounded
▲ 30%
5 years · compounded
▲ 3%
EBITDA CAGR growth
1 year
▲ 25%
3 years · compounded
▲ 88%
5 years · compounded
▼ 3%

Revenue has grown at a compounded annual rate (CAGR) of 3% over five years, including 7% growth in the latest year. EBITDA rose 25% 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹1.66 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹90.04 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin7.7%
Net Profit Margin4.2%
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 Gracious Veneers Private Limited, buy the company report.

Board of directors of Gracious Veneers Private Limited

Gracious Veneers has 5 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Harshaben Jadav RamnikbhaiDirector17 May 201214 Years 5 MonthsCurrent
Mercy ThomasDirector17 May 201214 Years 5 MonthsCurrent
Subin John ThomasDirector17 May 201214 Years 5 MonthsCurrent
Ramanikbhai Haribhai JadavDirector17 May 201214 Years 5 MonthsCurrent
Kutty Thomas PappyDirector17 May 201214 Years 5 MonthsCurrent

Peer comparison

Gracious Veneers Private Limited is compared with the 4 companies closest to it by revenue in the Manufacturing industry (Wood, MDF, Particle Board and Plywood), with the same principal business activity (wood and wood products, furniture, paper and paper products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Wonder Industries Private Limited₹21.91 Cr (FY 2024)24.0%Kolkata, West Bengal, India
Rama Polymers Private Limited₹21.8 Cr (FY 2025)-3.0%Delhi, India
Gracious Veneers Private Limitedthis company₹21.63 Cr (FY 2024)₹90.04 Lakh4.2%7.0%Kalol, Gujarat, India
Sujeet Industries Private Limited₹21.62 Cr (FY 2025)-10.0%Nashik, Maharashtra, India
Tech Green Enterprises Private Limited₹21.56 Cr (FY 2024)-9.0%Bilaspur, Haryana, India

To see the full peer comparison of Gracious Veneers Private Limited, buy the company report.

Auditor

Gracious Veneers Private Limited is audited by DANG AND ASSOCIATES LLP for the financial year 2023.

Auditor firmFinancial yearFirm registration number
DANG AND ASSOCIATES LLPFY 2023W100148

Shareholding

The shareholding of Gracious Veneers Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Gracious Veneers Private Limited, buy the company report.

Charges & borrowings

Open charges
₹3.91 Cr
Satisfied charges
₹2.83 Cr
Breakdown by lending institutions
Others₹3.50 Cr
Hdfc Bank Limited₹0.41 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
24 Jan 2024100871523Others₹3.5 CrOpen
15 Oct 2022100626372Hdfc Bank Limited₹40.8 LakhOpen
10 Nov 2020100390370Hdfc Bank Limited₹1 CrSatisfied
09 Oct 201310456980Canara Bank₹1.83 CrSatisfied

To see the full charge records of Gracious Veneers Private Limited, buy the company report.

Total charge records: 4 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Gracious Veneers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Gracious Veneers has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAECG7393P1ZXGujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Gracious Veneers Private Limited, buy the company report.

Recent activity

Gracious Veneers Private Limited has 6 board changes on record since 2012: 5 appointments and 1 cessation. The latest: Pravinkumar Haribhai Jadav ceased to be Director on 01 Sep 2018.

AGM
Gracious Veneers Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Gracious Veneers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge with Others of Rs. 350.00 Lakh registered on 24 Jan 2024 with Charge ID 100871523 was modified on 07 Mar 2024.
Charges
A charge registered on 10 Nov 2020 via Charge ID 100390370 with Hdfc Bank Limited was fully satisfied on 04 Mar 2024.
Charges
A charge with Others amounted to Rs. 350.00 Lakh with Charge ID 100871523 was registered on 24 Jan 2024.
Charges
A charge with Hdfc Bank Limited of Rs. 100.00 Lakh registered on 10 Nov 2020 with Charge ID 100390370 was modified on 28 Nov 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 40.80 Lakh with Charge ID 100626372 was registered on 15 Oct 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 100.00 Lakh with Charge ID 100390370 was registered on 10 Nov 2020.
Charges
A charge registered on 09 Oct 2013 via Charge ID 10456980 with Canara Bank was fully satisfied on 29 Aug 2020.
Ceased
Pravinkumar Haribhai Jadav ceased to be Director.
Charges
A charge with Canara Bank of Rs. 183.00 Lakh registered on 09 Oct 2013 with Charge ID 10456980 was modified on 28 Jun 2018.
Charges
A charge with Canara Bank amounted to Rs. 183.00 Lakh with Charge ID 10456980 was registered on 09 Oct 2013.

6 earlier events are in the company report.

Frequently asked questions

Gracious Veneers is an active private limited company based in Kalol, Gujarat, India. The company works in wood products and mdf, within the manufacturing industry. It was incorporated on 17 May 2012 (14+ years old) and is registered under CIN U20211GJ2012PTC070393.

Gracious Veneers has 5 current directors:

The latest financial statements of Gracious Veneers on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Gracious Veneers is 24AAECG7393P1ZX, registered in Gujarat.

The CIN (Corporate Identification Number) of Gracious Veneers is U20211GJ2012PTC070393. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Gracious Veneers has 10 court cases on record: 10 filed against it.

Gracious Veneers was incorporated on 17 May 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ahmedabad.

The peers of Gracious Veneers by revenue are Wonder Industries Private Limited, Rama Polymers Private Limited, Sujeet Industries Private Limited, Tech Green Enterprises Private Limited, all in the Manufacturing industry (Wood, MDF, Particle Board and Plywood), with the same principal business activity (wood and wood products, furniture, paper and paper products).

Pravinkumar Haribhai Jadav ceased to be Director on 01 Sep 2018. Harshaben Jadav Ramnikbhai was appointed as Director on 17 May 2012. Kutty Thomas Pappy was appointed as Director on 17 May 2012. Gracious Veneers has 6 board changes on record in total.

Yes, Gracious Veneers is registered as an MSME under Udyam registration (number: UDYAM-GJ-09-0002026).

Gracious Veneers can be reached through the website graciousveneers.in. Its registered office is in Kalol, Gujarat, India.