About Gratex Industries Limited
Data last updated:
Gratex Industries Limited is a public limited company based in Thane, Maharashtra, India. It operates in the general e-commerce platforms segment of the e-commerce sector. It was incorporated on 23 February 1984 and has been in existence for over 42 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L21093MH1984PLC032248. Its GSTIN is 27AAACG1275A2Z4 (Maharashtra). The company holds 2 GST registrations, of which 1 is active. Its shares are listed on BSE: 526751.
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹3.03 Cr. It is led by directors including Karan Baldev Sharma (Managing Director) and Prashant Sawant.
Its last annual general meeting (AGM) was held on 16 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Thane, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.75 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹7.14 Lakh (net margin 1.9%) and EBITDA of ₹27.33 Lakh (EBITDA margin 7.3%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 2% over five years.
The company has about 19 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Gratex Industries. As per MCA filings, the company has open charges of ₹47.45 Lakh and satisfied charges of ₹56.5 Lakh on record. Court records list 29 cases involving the company, including 25 filed by the company and 4 filed against it; 1 case is pending. The company has 2 deals on record (2 market trades); the latest was in August 2018.
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.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressGratex House A73 Ttc Industrial Area MIDC, Kopar Khairne Navi Mumbai, Thane, Maharashtra, India – 400703
- IndustryE-Commerce, General E-Commerce Platforms
- 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
Business Activity of Gratex Industries Limited
The main business activity of Gratex Industries is manufacturing. In detail, this covers 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
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.
Financials of Gratex Industries Limited FY 2025 filings available
Gratex Industries Limited reported revenue of ₹3.75 Cr (down 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Gratex Industries Limited
Revenue fell 6% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 2%. EBITDA rose 3% 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 of Gratex Industries Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹3.75 Cr | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹27.33 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹7.14 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 of Gratex Industries Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.9% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Gratex Industries are in the company report.
Financial statements from 2015
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.
Auditor Details of Gratex Industries Limited
Gratex Industries Limited is audited by Jayesh R Shah & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Jayesh R Shah & Co. | Locked | Locked | Locked |
Complete auditor history
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 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 |
|---|---|---|---|---|
| Prashant Sawant Also directs: Satsang Management Consulting Private Limited | Director | 09 Jul 2019 | 7 Years 2 Months | Current |
| Neha Arora | Company Secretary | 10 Nov 2020 | 5 Years 10 Months | Current |
| Karan Baldev Sharma Also directs: Marshalls Enterprise India Private Limited | Managing Director | 27 Sep 2000 | 26 Years 0 Months | Current |
| Mona Pratap Menon Also directs: Marshalls Enterprise India Private Limited | Director | 01 Oct 1995 | 31 Years 0 Months | Current |
| Baldevkrishan Ramrattan Sharma | Director | 01 Oct 1992 | 34 Years 0 Months | Current |
| Akanksha Bector | Director | 14 Aug 2023 | 3 Years 1 Months | Current |
Ownership and Shareholding of Gratex Industries Limited
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 Gratex Industries Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Jul 2026 | Others | ₹14.4 Lakh | Open |
| 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 |
Total charge records: 10 View all charges
Deals & Funding of Gratex Industries Limited
Gratex Industries Limited has 2 deals on record (2 market trades); the latest was in August 2018.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2018 | Market trade | ₹8.1 Lakh | Buyer: an individual Seller: 2 individuals |
| Aug 2005 | Market trade | ₹1.3 Lakh | Buyer: an individual |
Full deal history
All 2 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Gratex Industries Limited
Gratex Industries Limited has 29 court cases on record: 25 filed by Gratex Industries, 4 filed against it. 1 case is pending and 28 are disposed. Status as checked between 28 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 24 | 2 | 1 |
| District courts | 5 | 2 | 0 |
Cases on record (5 of 29)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CHOL) | Filed by the company against Elar Fashions Ltd | Disposed |
| Bombay High Court | Court case (LPETN) | Filed by the company against Bhagwan Das and Co | Pending |
| Bombay High Court | Court case (CAF) | Filed by the company against Manager Punjab National Bank | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by Punjab National Bank | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by Punjab National Bank - Applicant | Disposed |
Full case history
All 29 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.
Associated Brands with Gratex Industries Limited
Gratex Industries operates one associated brand: Gratex Industries. Each brand links to its own profile.
| 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 |
|---|---|---|---|
 Match Graphics | Printed décor paper is supplied by Match Graphics in India. | Delhi, India | 1997 |
 Sarita Handa | Provides luxury home decor, furnishings, furniture, and wellness products online. | Gurugram, India | 1992 |
 Marshalls wallcoverings | Wallcoverings are manufactured and supplied for homes and offices. | Mumbai, India | 1975 |
 Uber Decor | Online retailer specializing in furniture, mirrors, and decorative products. | Delhi, India | 2024 |
 Klasika | Online store selling premium canvas prints of diverse art styles and themes. | Noida, India | 2023 |
 Artisan India | Curates and distributes luxury wallpapers with diverse designs for home interiors. | New Delhi, India | 2003 |
 Euro Pratik | Designs, imports, and markets decorative wall panels, laminates, and interior products globally. | Mumbai, India | 2003 |
 Salasar Laminates | Manufactures and supplies durable laminates for home and business applications worldwide. | Ahmedabad, India | 2014 |
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
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.
CIN History of Gratex Industries Limited
Gratex Industries 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 |
News related to Gratex Industries Limited
Recent Activity on Gratex Industries Limited
Credit Ratings, Litigation & Regulatory Alerts for Gratex Industries Limited
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 Gratex Industries Limited
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 Gratex Industries Limited
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 Gratex Industries Limited
Gratex Industries has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACG1275A2Z4 | Maharashtra | 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 Gratex Industries Limited
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 Gratex Industries Limited
Gratex Industries is an active public limited company based in Thane, Maharashtra, India. The company works in general e-commerce platforms, within the e-commerce industry. It was incorporated on 23 February 1984 (42+ years old) and is registered under CIN L21093MH1984PLC032248. Listed on BSE: 526751.
Gratex Industries reported revenue of ₹3.75 Cr for FY 2025 (down 6% YoY).
Gratex Industries has 6 current directors and KMP:
- Karan Baldev Sharma - Managing Director
- Prashant Sawant - Director
- Mona Pratap Menon - Director
- Baldevkrishan Ramrattan Sharma - Director
- Akanksha Bector - Director
- Neha Arora - Company Secretary
Gratex Industries reported a net profit of ₹7.14 Lakh (net margin 1.9%) and EBITDA of ₹27.33 Lakh (EBITDA margin 7.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Gratex Industries is 7% over three years and 2% over five years. In the latest year (FY 2025) revenue fell 6%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Gratex Industries is 27AAACG1275A2Z4, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Gratex Industries is L21093MH1984PLC032248. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Gratex Industries is listed on BSE with code 526751.
Gratex Industries has 29 court cases on record: 25 filed by the company and 4 filed against it. 1 is pending. Most are in the high courts.