Granoland Tiles LLP
About Granoland Tiles LLP
Data last updated:
Granoland Tiles LLP is a limited liability partnership (LLP) based in Matel, Gujarat, India. It operates in the ceramics, sanitaryware and tile segment of the manufacturing sector. It was incorporated on 06 May 2015 and has been in existence for over 11 years.
The LLP is registered with the Registrar of Companies (ROC), Ahmedabad, under LLPIN AAD-8817. Its GSTIN is 24AAOFG3334P1Z0 (Gujarat).
The LLP has a total obligation of contribution of ₹12.5 Cr. It is led by designated partners including Ravi Kishorbhai Bhalodia and Arvindbhai Mohanbhai Bhalodiya.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at S. No. 232 Tal. Wankaner Dist. Morbi, Matel, Gujarat, India – 363621.
As per the financials filed for FY 2022, the LLP reported a revenue of ₹157.38 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net profit of ₹2.26 Cr (net margin 1.4%) and EBITDA of -₹2.09 Cr (EBITDA margin -1.3%). Revenue has grown at a compounded annual rate (CAGR) of 28% over three years and 22% over five years.
The LLP has about 24 employees on its provident fund (EPFO) records.
As per MCA filings, the LLP has open charges of ₹53.95 Cr on record. Court records list 3 cases involving the LLP, including 3 filed by the LLP; 1 case is pending.
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- Registered AddressS. No. 232 Tal. Wankaner Dist. Morbi, Matel, Gujarat, India – 363621
- IndustryManufacturing, Ceramics, Sanitaryware & Tile
- 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
- One PDF report, delivered after checkout
Financials of Granoland Tiles LLP FY 2025 filings available
Granoland Tiles LLP reported revenue of ₹157.38 Cr (down 2% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Granoland Tiles LLP
Revenue fell 2% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 22%. 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 of Granoland Tiles LLP
| Statement of Account and Solvency | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Income and Expenditure | |||||
| Turnover | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Income | •••• | •••• | •••• | •••• | •••• |
| Purchases and Direct Costs | •••• | •••• | •••• | •••• | •••• |
| Personnel Expenses | •••• | •••• | •••• | •••• | •••• |
| Administrative Expenses | •••• | •••• | •••• | •••• | •••• |
| Interest | •••• | •••• | •••• | •••• | •••• |
| Depreciation | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax | •••• | •••• | •••• | •••• | •••• |
| Profit After Tax | ₹2.26 Cr | •••• | •••• | •••• | •••• |
| Profit Transferred to Partners | •••• | •••• | •••• | •••• | •••• |
| Assets and Liabilities | |||||
| Partners' Contribution | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Secured Loans | •••• | •••• | •••• | •••• | •••• |
| Unsecured Loans | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Other Liabilities and Provisions | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Loans and Advances | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Granoland Tiles LLP
| Statement of Account and Solvency | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | 1.4% | •••• | •••• | •••• | •••• |
| Return on Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Return on Assets | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt to Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Turnover Growth | •••• | •••• | •••• | •••• | •••• |
| Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form 8. The full year-wise statements and ratios of Granoland Tiles are in the company report.
Financial statements from FY 2016
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Designated Partners of Granoland Tiles LLP
Granoland Tiles has 6 current designated partners and 5 former designated partners. Current designated partners are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravi Kishorbhai Bhalodia Also directs: Landgrace Ceramic Private Limited | Designated Partner | 09 Nov 2022 | 3 Years 10 Months | Current |
| Arvindbhai Mohanbhai Bhalodiya Also directs: Landgrace Ceramic Private Limited | Designated Partner | 23 Sep 2015 | 11 Years 0 Months | Current |
| Maheshbhai Govindbhai Vadaviya Also directs: Landgrace Ceramic Private Limited | Designated Partner | 23 Sep 2015 | 11 Years 0 Months | Current |
| Kishorbhai Amarshibhai Bhalodia | Designated Partner | 06 May 2015 | 11 Years 5 Months | Current |
| Arvindbhai Virjibhai Ranipa | Designated Partner | 23 Sep 2015 | 11 Years 0 Months | Current |
| Jaydeepkumar Kishorbhai Bhalodia Also directs: Landgrace Ceramic Private Limited | Designated Partner | 23 Sep 2015 | 11 Years 0 Months | Current |
Ownership and Shareholding of Granoland Tiles LLP
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Granoland Tiles LLP
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Nov 2015 | The Cosmos Co-Op. Bank Ltd | ₹53.95 Cr | Open |
Total charge records: 1 View all charges
Legal Cases of Granoland Tiles LLP
Granoland Tiles LLP has 3 court cases on record: 3 filed by Granoland Tiles. 1 case is pending and 2 are disposed. Status as checked between 29 Sep 2026 and 01 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 1 |
| High courts | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, MORBI, Gujarat | Criminal complaint | Filed by the company against Skys Stones Pvt. Ltd | Pending |
| District court, MORBI, Gujarat | Criminal complaint | Filed by the company against Skys Stones Pvt. Ltd | Disposed |
| High Court of Gujarat | Special civil application | Filed by the company against State of Gujarat | Disposed |
Full case history
All 3 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Granoland Tiles LLP
Granoland Tiles LLP has a workforce of 22 employees as of Apr 06, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Granoland Tiles LLP
Granoland Tiles LLP has 12 designated partner changes on record since 2015: 9 appointments and 3 cessations. The latest: Ashokbhai Avcharbhai Jaksania ceased to be Designated Partner on 09 Nov 2022.
5 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Granoland Tiles LLP
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Granoland Tiles LLP
MSME payment history
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
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Granoland Tiles LLP
Corporate group structure
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
Verified entity values are shown only after access is granted.
GST Compliance of Granoland Tiles LLP
Granoland Tiles has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAOFG3334P1Z0 | Gujarat | Active | 01 Jul 2017 |
GST registrations and filing compliance
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
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Granoland Tiles LLP
MCA filings and documents
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.
Frequently Asked Questions about Granoland Tiles LLP
Granoland Tiles is an active limited liability partnership based in Matel, Gujarat, India. The LLP works in ceramics, sanitaryware and tile, within the manufacturing industry. It was incorporated on 06 May 2015 (11+ years old) and is registered under LLPIN AAD-8817.
Granoland Tiles reported revenue of ₹157.38 Cr for FY 2022 (down 2% YoY).
Granoland Tiles has 6 current designated partners:
- Ravi Kishorbhai Bhalodia - Designated Partner
- Arvindbhai Mohanbhai Bhalodiya - Designated Partner
- Maheshbhai Govindbhai Vadaviya - Designated Partner
- Kishorbhai Amarshibhai Bhalodia - Designated Partner
- Arvindbhai Virjibhai Ranipa - Designated Partner
- Jaydeepkumar Kishorbhai Bhalodia - Designated Partner
Granoland Tiles reported a net profit of ₹2.26 Cr (net margin 1.4%) and EBITDA of -₹2.09 Cr (EBITDA margin -1.3%) for FY 2022, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Granoland Tiles is 28% over three years and 22% over five years. In the latest year (FY 2022) revenue fell 2%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Granoland Tiles is 24AAOFG3334P1Z0, registered in Gujarat.
The LLPIN (Limited Liability Partnership Identification Number) of Granoland Tiles is AAD-8817. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Granoland Tiles has 3 court cases on record: 3 filed by the LLP. 1 is pending. Most are in the district courts.
Granoland Tiles was incorporated on 06 May 2015, making it 11+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Ashokbhai Avcharbhai Jaksania ceased to be Designated Partner on 09 Nov 2022. Dineshbhai Amarsibhai Bhalodia was appointed as Partner on 09 Nov 2022. Ravi Kishorbhai Bhalodia was appointed as Designated Partner on 09 Nov 2022. Granoland Tiles has 12 designated partner changes on record in total.