About Gratex Industries Limited
Data last updated: 14 July 2026
Gratex Industries Limited is a public limited company based in Thane, Maharashtra, India. It specialises in general e-commerce platforms, a part of the broader e-commerce sector. Incorporated on 23 February 1984, the company has been in operation for over 42 years.
Registered with ROC Mumbai under CIN L21093MH1984PLC032248. Listed on BSE: 526751.
Capital: an authorised share capital of ₹4 Cr and a paid-up capital of ₹3.03 Cr. It is led by directors including Mona Pratap Menon and Karan Baldev Sharma.
Last AGM: 16 September 2025. Financial statements filed for year ended 31 March 2025. Office: Thane, Maharashtra.
As per BSE-filed standalone financials for FY 2026, the company reported a revenue of ₹4.27 Cr, a growth of 13.86% compared to the previous year. The net worth stands at ₹3.75 Cr (up 3% YoY). Total assets are valued at ₹4.73 Cr (up 14.89% YoY).
The company has a workforce of approximately 19 employees as per the latest available data.
The company is associated with 1 brand - Gratex Industries. As per MCA filings, the company has open charges of ₹33.05 Lakh and satisfied charges of ₹56.5 Lakh 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 gratex.in.
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Registered AddressGratex House A73 Ttc Industrial Area Midc, Kopar Khairne Navi Mumbai, Thane, Maharashtra, India – 400703
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IndustryE-Commerce, General E-Commerce Platforms
- 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
CIN History of Gratex Industries Limited
Gratex Industries Limited has one previous CIN (Corporate Identification Number): L36998MH1984PLC032248. The current CIN is L21093MH1984PLC032248, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L21093MH1984PLC032248 | Current |
| L36998MH1984PLC032248 | Previous |
Associated Brands with Gratex Industries Limited
Gratex Industries Limited operates one associated brand: Gratex Industries. These brands represent Gratex Industries Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| New and used vehicle sales and services are provided. | gratex.in |
Competitors & Alternatives of Gratex Industries Limited
Brands and companies operating in the same space as Gratex Industries Limited include Match Graphics, Sarita Handa, Marshalls wallcoverings and 5 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
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Printed décor paper is supplied by Match Graphics in India. | Delhi, India, India | 1997 |
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Provides luxury home decor, furnishings, furniture, and wellness products online. | Gurugram, India, India | 1992 |
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Wallcoverings are manufactured and supplied for homes and offices. | Mumbai, India, India | 1975 |
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Online retailer specializing in furniture, mirrors, and decorative products. | Delhi, India, India | 2024 |
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Online store selling premium canvas prints of diverse art styles and themes. | Noida, India, India | 2023 |
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Curates and distributes luxury wallpapers with diverse designs for home interiors. | New Delhi, India, India | 2003 |
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Designs, imports, and markets decorative wall panels, laminates, and interior products globally. | Mumbai, India, India | 2003 |
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Manufactures and supplies durable laminates for home and business applications worldwide. | Ahmedabad, India, India | 2014 |
Business Activity of Gratex Industries Limited
Gratex Industries Limited is engaged in the principal business activity of manufacturing, with detailed activities including wood and wood products, furniture, paper and paper products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products | Locked |
Business activity turnover details for Gratex Industries Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Gratex Industries Limited
Gratex Industries Limited is audited by Harshal Doshi & Associates (ICAI peer reviewed, certificate valid till 2027-05-31) for the financial year 2026, as reported in its BSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| Harshal Doshi & Associates (ICAI peer reviewed, certificate valid till 2027-05-31) | FY 2026 | Declaration of unmodified opinion |
Board of Directors and KMP of Gratex Industries Limited
Gratex Industries Limited currently reports 5 directors and 1 key managerial person. 8 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mona Pratap Menon | Director | 01 Oct 1995 | 30 Years 10 Months | Current |
| Karan Baldev Sharma | Managing Director | 27 Sep 2000 | 25 Years 10 Months | Current |
|
Neha Arora
Also directs:
Gratex Industries Limited, Etone Ventures Private Limited, Spacemonk Advisors Private Limited and 1 more
|
Company Secretary | 10 Nov 2020 | 5 Years 9 Months | Current |
| Prashant Shriram Sawant | Director | 09 Jul 2019 | 7 Years 1 Months | Current |
| Baldevkrishan Ramrattan Sharma | Director | 01 Oct 1992 | 33 Years 10 Months | Current |
|
Akanksha Bector
Also directs:
Gratex Industries Limited, Soul System Research & Development Llp, Sykes And Ray Equities (India ) Ltd and 1 more
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Director | 14 Aug 2023 | 3 Years 0 Months | Current |
Financials of Gratex Industries Limited FY 2026 filings available
Gratex Industries Limited reported revenue of ₹4.27 Cr (up 13.86% YoY) for FY 2026.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹4.27 Cr | ₹3.75 Cr | ₹3.99 Cr | ₹4.26 Cr | ₹3.02 Cr | ₹1.87 Cr | ₹3.47 Cr | ₹3.35 Cr |
| Other Income | ₹23,000 | ₹22,000 | ₹0 | ₹10,000 | ₹8,000 | ₹3.37 Lakh | ₹38,000 | ₹0 |
| Total Income | ₹4.27 Cr | ₹3.75 Cr | ₹3.99 Cr | ₹4.26 Cr | ₹3.02 Cr | ₹1.9 Cr | ₹3.47 Cr | ₹3.35 Cr |
| Cost of Materials Consumed | ₹1.93 Cr | ₹1.65 Cr | ₹1.79 Cr | ₹2.04 Cr | ₹1.48 Cr | ₹80.57 Lakh | ₹1.44 Cr | ₹1.1 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹15.24 Lakh | -₹18.81 Lakh | -₹20.33 Lakh | -₹17.37 Lakh | -₹44.2 Lakh | -₹30.06 Lakh | -₹21.05 Lakh | ₹25.16 Lakh |
| Employee Benefit Expense | ₹86.27 Lakh | ₹99.58 Lakh | ₹1.24 Cr | ₹1.13 Cr | ₹94.37 Lakh | ₹61.87 Lakh | ₹93.67 Lakh | ₹92.8 Lakh |
| Finance Costs | ₹1.15 Lakh | ₹1.03 Lakh | ₹1.08 Lakh | ₹1.26 Lakh | ₹1.96 Lakh | ₹1.65 Lakh | ₹2 Lakh | ₹4.02 Lakh |
| Depreciation & Amortisation | ₹13.62 Lakh | ₹15.56 Lakh | ₹13.22 Lakh | ₹12.51 Lakh | ₹11.85 Lakh | ₹11.23 Lakh | ₹13.34 Lakh | ₹16.23 Lakh |
| Other Expenses | ₹1.02 Cr | ₹1.02 Cr | ₹90.01 Lakh | ₹90.23 Lakh | ₹76.58 Lakh | ₹61.35 Lakh | ₹93.22 Lakh | ₹79.08 Lakh |
| Total Expenses | ₹4.11 Cr | ₹3.65 Cr | ₹3.87 Cr | ₹4.03 Cr | ₹2.89 Cr | ₹1.87 Cr | ₹3.25 Cr | ₹3.28 Cr |
| Profit Before Exceptional Items & Tax | ₹16.42 Lakh | ₹10.74 Lakh | ₹12.34 Lakh | ₹22.53 Lakh | ₹13.84 Lakh | ₹3.78 Lakh | ₹21.82 Lakh | ₹6.99 Lakh |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹16.42 Lakh | ₹10.74 Lakh | ₹12.34 Lakh | ₹22.53 Lakh | ₹13.84 Lakh | ₹3.78 Lakh | ₹21.82 Lakh | ₹6.99 Lakh |
| Total Tax Expense | ₹5.4 Lakh | ₹3.6 Lakh | ₹2.94 Lakh | ₹3.75 Lakh | ₹3.93 Lakh | ₹1.49 Lakh | ₹5.69 Lakh | -₹49,000 |
| Net Profit | ₹11.02 Lakh | ₹7.14 Lakh | ₹9.4 Lakh | ₹18.78 Lakh | ₹9.91 Lakh | ₹2.29 Lakh | ₹16.13 Lakh | ₹7.48 Lakh |
| Other Comprehensive Income | -₹9,000 | ₹6.82 Lakh | -₹1.92 Lakh | ₹1.41 Lakh | ₹1.2 Lakh | ₹1.16 Lakh | ₹10,000 | ₹0 |
| Total Comprehensive Income | ₹10.93 Lakh | ₹13.96 Lakh | ₹7.48 Lakh | ₹20.19 Lakh | ₹11.11 Lakh | ₹3.45 Lakh | ₹16.23 Lakh | ₹7.48 Lakh |
| EBITDA (computed) | ₹31.19 Lakh | ₹27.33 Lakh | ₹26.64 Lakh | ₹36.3 Lakh | ₹27.65 Lakh | ₹16.66 Lakh | ₹37.16 Lakh | ₹27.24 Lakh |
| Basic EPS | ₹0.36 | ₹0.24 | ₹0.31 | ₹0.62 | ₹0.33 | ₹0.08 | ₹0.53 | ₹0.25 |
| Diluted EPS | ₹0.36 | ₹0.24 | ₹0.31 | ₹0.62 | ₹0.33 | ₹0.08 | ₹0.53 | ₹0.25 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | ₹4.73 Cr | ₹4.12 Cr | ₹4.22 Cr | ₹4.12 Cr | ₹3.83 Cr | ₹3.48 Cr | ₹3.54 Cr | ₹3.42 Cr |
| Non-current Assets | ₹1.44 Cr | ₹1.39 Cr | ₹1.38 Cr | ₹1.42 Cr | ₹1.36 Cr | ₹1.29 Cr | ₹1.1 Cr | ₹1.2 Cr |
| Current Assets | ₹3.28 Cr | ₹2.72 Cr | ₹2.84 Cr | ₹2.7 Cr | ₹2.47 Cr | ₹2.19 Cr | ₹2.44 Cr | ₹2.22 Cr |
| Property, Plant & Equipment | ₹1.09 Cr | ₹1.04 Cr | ₹1.03 Cr | ₹1.08 Cr | ₹1.01 Cr | ₹97.75 Lakh | ₹1.08 Cr | ₹1.18 Cr |
| Inventories | ₹2.18 Cr | ₹2.28 Cr | ₹2.02 Cr | ₹1.73 Cr | ₹1.59 Cr | ₹1.13 Cr | ₹82.65 Lakh | ₹58.77 Lakh |
| Trade Receivables | ₹1.04 Cr | ₹35.63 Lakh | ₹73.85 Lakh | ₹89.89 Lakh | ₹78.9 Lakh | ₹95.54 Lakh | ₹1.52 Cr | ₹1.59 Cr |
| Cash & Equivalents | ₹79,000 | ₹54,000 | ₹63,000 | ₹4,000 | ₹36,000 | ₹26,000 | ₹33,000 | -₹98,000 |
| Equity (Net Worth) | ₹3.75 Cr | ₹3.64 Cr | ₹3.5 Cr | ₹3.41 Cr | ₹3.22 Cr | ₹3.12 Cr | ₹3.09 Cr | ₹2.93 Cr |
| Equity Share Capital | ₹3.03 Cr | ₹3.03 Cr | ₹3.03 Cr | ₹3.03 Cr | ₹3.03 Cr | ₹3.03 Cr | ₹3.03 Cr | ₹3.03 Cr |
| Borrowings (Non-current) | ₹9.67 Lakh | ₹2.33 Lakh | ₹5.45 Lakh | ₹31,000 | ₹5.76 Lakh | ₹5.63 Lakh | ₹9.46 Lakh | ₹11.44 Lakh |
| Borrowings (Current) | ₹7.22 Lakh | ₹3.12 Lakh | ₹3.03 Lakh | ₹5.45 Lakh | ₹5.75 Lakh | ₹2.92 Lakh | ₹2 Lakh | ₹4.02 Lakh |
| Total Debt (computed) | ₹16.89 Lakh | ₹5.45 Lakh | ₹8.48 Lakh | ₹5.76 Lakh | ₹11.51 Lakh | ₹8.55 Lakh | ₹11.46 Lakh | ₹15.46 Lakh |
| Current Liabilities | ₹77.63 Lakh | ₹36.06 Lakh | ₹55.46 Lakh | ₹58.96 Lakh | ₹45.27 Lakh | ₹24.61 Lakh | ₹29.41 Lakh | ₹33.46 Lakh |
| Total Liabilities | ₹97.49 Lakh | ₹47.16 Lakh | ₹71.47 Lakh | ₹71.34 Lakh | ₹60.47 Lakh | ₹35.83 Lakh | ₹45.43 Lakh | ₹49.21 Lakh |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | ₹8.01 Lakh | ₹20.95 Lakh | ₹8.56 Lakh | ₹26.06 Lakh | ₹14.79 Lakh |
| Investing Cash Flow | -₹18.05 Lakh | -₹16.97 Lakh | -₹11.25 Lakh | -₹19.11 Lakh | -₹15.44 Lakh |
| Financing Cash Flow | ₹10.29 Lakh | -₹4.06 Lakh | ₹2.72 Lakh | -₹7.01 Lakh | ₹1 Lakh |
| Capital Expenditure | ₹18.27 Lakh | ₹17.19 Lakh | ₹7.96 Lakh | ₹19.02 Lakh | ₹15.45 Lakh |
| Free Cash Flow (computed) | -₹10.26 Lakh | ₹3.76 Lakh | ₹60,300 | ₹7.05 Lakh | -₹65,700 |
| Dividends Paid | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | ₹25,000 | -₹8,000 | ₹2,800 | -₹5,400 | ₹34,900 |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹1.27 Cr | ₹98.61 Lakh | ₹1.11 Cr | ₹90.91 Lakh | ₹70.05 Lakh | ₹1.01 Cr | ₹1.04 Cr | ₹1.01 Cr |
| Other Income | ₹0 | ₹0 | ₹12,000 | ₹11,000 | ₹0 | ₹2,000 | ₹10,000 | ₹10,000 |
| Total Income | ₹1.27 Cr | ₹98.61 Lakh | ₹1.11 Cr | ₹91.02 Lakh | ₹70.05 Lakh | ₹1.01 Cr | ₹1.04 Cr | ₹1.01 Cr |
| Cost of Materials Consumed | ₹67.06 Lakh | ₹30.56 Lakh | ₹51.11 Lakh | ₹44.31 Lakh | ₹49.55 Lakh | ₹31.63 Lakh | ₹38.1 Lakh | ₹45.58 Lakh |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹4.97 Lakh | ₹12.64 Lakh | ₹3.11 Lakh | -₹5.48 Lakh | -₹26.63 Lakh | ₹4.98 Lakh | ₹4 Lakh | -₹1.16 Lakh |
| Employee Benefit Expense | ₹22.94 Lakh | ₹22.15 Lakh | ₹20.74 Lakh | ₹20.44 Lakh | ₹18.4 Lakh | ₹23.85 Lakh | ₹28.24 Lakh | ₹29.09 Lakh |
| Finance Costs | ₹64,000 | ₹15,000 | ₹18,000 | ₹18,000 | ₹20,000 | ₹25,000 | ₹30,000 | ₹28,000 |
| Depreciation & Amortisation | ₹3.91 Lakh | ₹3.28 Lakh | ₹3.27 Lakh | ₹3.16 Lakh | ₹3.95 Lakh | ₹3.61 Lakh | ₹4.1 Lakh | ₹3.9 Lakh |
| Other Expenses | ₹21.18 Lakh | ₹26.3 Lakh | ₹28.31 Lakh | ₹25.83 Lakh | ₹22.45 Lakh | ₹30.03 Lakh | ₹28.32 Lakh | ₹21.58 Lakh |
| Total Expenses | ₹1.21 Cr | ₹95.08 Lakh | ₹1.07 Cr | ₹88.44 Lakh | ₹67.92 Lakh | ₹94.35 Lakh | ₹1.03 Cr | ₹99.27 Lakh |
| Profit Before Exceptional Items & Tax | ₹6.4 Lakh | ₹3.53 Lakh | ₹3.91 Lakh | ₹2.58 Lakh | ₹2.13 Lakh | ₹6.6 Lakh | ₹64,000 | ₹1.37 Lakh |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹6.4 Lakh | ₹3.53 Lakh | ₹3.91 Lakh | ₹2.58 Lakh | ₹2.13 Lakh | ₹6.6 Lakh | ₹64,000 | ₹1.37 Lakh |
| Total Tax Expense | ₹2.88 Lakh | ₹89,000 | ₹98,000 | ₹65,000 | ₹1.43 Lakh | ₹1.67 Lakh | ₹16,000 | ₹34,000 |
| Net Profit | ₹3.52 Lakh | ₹2.64 Lakh | ₹2.93 Lakh | ₹1.93 Lakh | ₹70,000 | ₹4.93 Lakh | ₹48,000 | ₹1.03 Lakh |
| Other Comprehensive Income | -₹9,000 | ₹0 | ₹0 | ₹0 | ₹6.82 Lakh | ₹0 | ₹0 | ₹0 |
| Total Comprehensive Income | ₹3.43 Lakh | ₹2.64 Lakh | ₹2.93 Lakh | ₹1.93 Lakh | ₹7.52 Lakh | ₹4.93 Lakh | ₹48,000 | ₹1.03 Lakh |
| EBITDA (computed) | ₹10.95 Lakh | ₹6.96 Lakh | ₹7.36 Lakh | ₹5.92 Lakh | ₹6.28 Lakh | ₹10.46 Lakh | ₹5.04 Lakh | ₹5.55 Lakh |
| Basic EPS | ₹0.11 | ₹0.09 | ₹0.10 | ₹0.06 | ₹0.03 | ₹0.16 | ₹0.02 | ₹0.03 |
| Diluted EPS | ₹0.11 | ₹0.09 | ₹0.10 | ₹0.06 | ₹0.03 | ₹0.16 | ₹0.02 | ₹0.03 |
Shareholding Pattern of Gratex Industries Limited
As per the shareholding pattern filed with BSE for the quarter ended Mar 2026, promoters hold 61.91%, retail and other public shareholders hold 38.09% of Gratex Industries Limited. The company had 3,734 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 61.91% | 61.91% | 61.91% | 61.91% | 61.91% | 61.91% |
| Public | 38.09% | 38.09% | 38.09% | 38.09% | 38.09% | 38.09% |
| Mar 2026 | Mar 2025 | Mar 2024 | |
|---|---|---|---|
| Promoters | 61.91% | 61.91% | 61.91% |
| Public | 38.09% | 38.09% | 38.09% |
| Promoter change (YoY, %pts) | +0.00 | +0.00 | - |
Charges & Borrowings of Gratex Industries Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Jan 2026 | Others | ₹15.05 Lakh | Open |
| 31 Oct 2023 | Others | ₹9 Lakh | Open |
| 25 Aug 1988 | Punjab National Bank | ₹5 Lakh | Open |
| 27 Dec 1984 | Punjab National Bank | ₹2 Lakh | Open |
| 27 Dec 1984 | Punjab National Bank | ₹2 Lakh | Open |
Total charge records: 9 View all charges
Employees and EPFO Compliance at Gratex Industries Limited
Gratex Industries Limited has a workforce of 19 employees as of Nov 17, 2024.
Employee and EPFO history for Gratex Industries Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
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GST Compliance of Gratex Industries Limited
GST registrations and filing compliance for Gratex Industries Limited
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Credit Ratings, Litigation & Regulatory Alerts for Gratex Industries Limited
Credit ratings, litigation, and regulatory alerts for Gratex Industries Limited
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MSME Payment Delays by Gratex Industries Limited
MSME payment history for Gratex Industries Limited
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Subsidiaries & Group Companies of Gratex Industries Limited
Corporate group structure for Gratex Industries Limited
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MCA Filings & Documents of Gratex Industries Limited
MCA filings and documents for Gratex Industries Limited
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Recent Activity on Gratex Industries Limited
Recent News on Gratex Industries Limited
Frequently Asked Questions about Gratex Industries Limited
Gratex Industries Limited is an active public limited company in the e-commerce sector based in Thane, Maharashtra, India. It was incorporated on 23 February 1984 (42+ years old) and is registered under CIN L21093MH1984PLC032248. Listed on BSE: 526751. The company has 19 employees.
Gratex Industries Limited reported revenue of ₹4.27 Cr for FY 2026 (up 13.86% YoY) based on standalone BSE filings.
The current directors and KMP of Gratex Industries Limited are:
- Mona Pratap Menon - Director
- Karan Baldev Sharma - Managing Director
- Neha Arora - Company Secretary
- Prashant Shriram Sawant - Director
- Baldevkrishan Ramrattan Sharma - Director
- Akanksha Bector - Director
The primary industry of Gratex Industries Limited is e-commerce. The company specifically operates in general e-commerce platforms. The company is currently active in this sector.
Yes. Gratex Industries Limited is listed on BSE with code 526751.
Gratex Industries Limited can be reached at the registered office: Gratex House A73 Ttc Industrial Area Midc, Kopar Khairne Navi Mumbai, Thane, Maharashtra, India – 400703, or through the website gratex.in.