- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0045640

About Granula Masterbatches India Private Limited
Data last updated:
Granula Masterbatches India Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the plastic and resins segment of the manufacturing sector. It was incorporated on 11 February 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U25190GJ2016PTC086051. Its GSTIN is 24AAGCG2893Q1ZY (Gujarat).
The company has an authorised share capital of ₹14 Cr and a paid-up capital of ₹14 Cr. It is led by directors including Sumit Kumar Bajpai (Whole-Time Director) and Kashyap Rajendrabhai Mehta.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Behind Ashok Vatika Near Jayantilal Park, Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹21.12 Cr. For the same year it recorded a net profit of ₹2.35 Cr (net margin 11.1%) and EBITDA of ₹4.42 Cr (EBITDA margin 20.9%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 12% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹12.16 Cr and satisfied charges of ₹20.38 Cr on record. The company has 2 deals on record (2 rights issues); the latest was in May 2017. Its 4 peer companies in the Manufacturing industry (Plastics and Resins), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products) are compared by revenue, 1 larger and 3 smaller; the largest is Siddha Promoters Private Limited with revenue of ₹21.29 Cr.
Granula Masterbatches India Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0045640). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website granula.in.
Company details
Recognitions & Rankings of Granula Masterbatches India
Contact details
Granula Masterbatches India Private Limited's registered office is in Ahmedabad, Gujarat. Its website is granula.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressOne 42 Building North Tower Offices No. 1104 1105 1106, Behind Ashok Vatika Near Jayantilal Parks Brts Ambali Bopal Road, Ahmedabad, Gujarat, India – 380054
- IndustryManufacturing, Plastic & Resins
To see the full contact details of Granula Masterbatches India Private Limited, buy the company report.
- 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
Business activity
The main business activity of Granula Masterbatches India 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 Granula Masterbatches India Private Limited, buy the company report.
Financials of Granula Masterbatches India Private Limited
FY 2025 filings availableGranula Masterbatches India Private Limited reported revenue of ₹21.12 Cr for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years. 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹21.12 Cr | ||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | ₹4.42 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.35 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 20.9% | ||||
| Net Profit Margin | 11.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Granula Masterbatches India Private Limited, buy the company report.
Board of directors of Granula Masterbatches India Private Limited
Granula Masterbatches India has 5 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kashyap Rajendrabhai Mehta Also directs: Innovate Derivatives Private Limited, Som Shiva (Impex) Limited, Innovate Securities Pvt Ltd and 1 more | Director | 11 Feb 2016 | 10 Years 8 Months | Current |
| Vivek Pranay Patel Also directs: Prajeet Mercantile LLP | Director | 10 Dec 2024 | 1 Years 10 Months | Current |
| Jurg Patrik Weibel | Director | 11 Feb 2016 | 10 Years 8 Months | Current |
| Pranay Arunprasad Patel Also directs: Som Shiva (Impex) Limited | Director | 11 Feb 2016 | 10 Years 8 Months | Current |
| Sumit Kumar Bajpai | Whole-Time Director | 01 Jun 2025 | 1 Years 5 Months | Current |
Peer comparison
Granula Masterbatches India Private Limited is compared with the 4 companies closest to it by revenue in the Manufacturing industry (Plastics and Resins), 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 |
|---|---|---|---|---|---|---|
| Siddha Promoters Private Limited | ₹21.29 Cr (FY 2025) | 70.0% | Uttar Pradesh, India | |||
| Granula Masterbatches India Private Limitedthis company | ₹21.12 Cr (FY 2025) | ₹2.35 Cr | 11.1% | 1 | Ahmedabad, Gujarat, India | |
| Hason Chemtech Private Limited | ₹21.1 Cr (FY 2024) | -26.0% | Chotila, Gujarat, India | |||
| J K Polyplast Private Limited | ₹20.83 Cr (FY 2025) | 3.0% | Delhi, India | |||
| JKP Masterbatch Compounds Private Limited | ₹20.8 Cr (FY 2025) | 5.0% | New Delhi, Delhi, India |
To see the full peer comparison of Granula Masterbatches India Private Limited, buy the company report.
Auditor
Granula Masterbatches India Private Limited is audited by K D N Associates & LLP for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K D N Associates & LLP | FY 2025 | 131655W |
Shareholding
The shareholding of Granula Masterbatches India Private Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Granula Masterbatches India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Nov 2023 | 100819536 | Others | ₹7.2 Cr | Open | |
| 20 Oct 2023 | 100816653 | Others | ₹4.07 Cr | Open | |
| 20 Oct 2023 | 100816655 | Others | ₹68.8 Lakh | Open | |
| 21 Nov 2016 | 100062286 | Others | ₹20 Lakh | Open | |
| 25 Aug 2020 | 100362873 | Sidbi | ₹2.48 Cr | Satisfied |
To see the full charge records of Granula Masterbatches India Private Limited, buy the company report.
Total charge records: 8 View all charges
Deals & funding
Granula Masterbatches India Private Limited has 2 deals on record (2 rights issues); the latest was in May 2017.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2017 | Rights issue | ₹6.08 Cr | Investors: Granula Holding AG, Som Shiva (Impex) Limited , 2 individuals |
| Mar 2016 | Rights issue | ₹7.91 Cr | Investors: Granula Holding AG, Som Shiva (Impex) Limited , 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Granula Masterbatches India Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Granula Masterbatches India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Granula Masterbatches India Private Limited has a workforce of 1 employees on its EPFO records as of Sep 25, 2025, across 1 active EPFO establishment.
GST
Granula Masterbatches India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCG2893Q1ZY | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Granula Masterbatches India Private Limited, buy the company report.
Recent activity
Granula Masterbatches India Private Limited has 8 board changes on record since 2016: 5 appointments and 3 cessations. The latest: Sumit Kumar Bajpai was appointed as Whole-Time Director on 01 Jun 2025.
14 earlier events are in the company report.
Frequently asked questions
Granula Masterbatches India is an active private limited company based in Ahmedabad, Gujarat, India. The company works in plastic and resins, within the manufacturing industry. It was incorporated on 11 February 2016 (10+ years old) and is registered under CIN U25190GJ2016PTC086051.
Granula Masterbatches India has 5 current directors:
- Sumit Kumar Bajpai - Whole-Time Director
- Kashyap Rajendrabhai Mehta - Director
- Vivek Pranay Patel - Director
- Jurg Patrik Weibel - Director
- Pranay Arunprasad Patel - Director
The latest financial statements of Granula Masterbatches India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Granula Masterbatches India is 24AAGCG2893Q1ZY, registered in Gujarat.
The CIN (Corporate Identification Number) of Granula Masterbatches India is U25190GJ2016PTC086051. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Granula Masterbatches India was incorporated on 11 February 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Granula Masterbatches India has 2 deals on record (2 rights issues); the latest was in May 2017.
The peers of Granula Masterbatches India by revenue are Siddha Promoters Private Limited, Hason Chemtech Private Limited, J K Polyplast Private Limited, JKP Masterbatch Compounds Private Limited, all in the Manufacturing industry (Plastics and Resins), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Sumit Kumar Bajpai was appointed as Whole-Time Director on 01 Jun 2025. Vivek Pranay Patel was appointed as Director on 10 Dec 2024. Malav Gautam Desai ceased to be Director on 30 Jan 2024. Granula Masterbatches India has 8 board changes on record in total.
Yes, Granula Masterbatches India is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0045640).
Granula Masterbatches India can be reached through the website granula.in. Its registered office is in Ahmedabad, Gujarat, India.

