About Gratex Industries Limited
Data last updated: 06 March 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 L36998MH1984PLC032248. 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 Prashant Sawant and Karan Baldev Sharma.
Last AGM: 16 September 2025. Financial statements filed for year ended 31 March 2025. Office: 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.
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 |
|---|---|---|---|
Match Graphics
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Printed décor paper is supplied by Match Graphics in India. | Delhi, India, India | 1997 |
Sarita Handa
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Provides luxury home decor, furnishings, furniture, and wellness products online. | Gurugram, India, India | 1992 |
Marshalls wallcoverings
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Wallcoverings are manufactured and supplied for homes and offices. | Mumbai, India, India | 1975 |
Uber Decor
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Online retailer specializing in furniture, mirrors, and decorative products. | Delhi, India, India | 2024 |
Klasika
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Online store selling premium canvas prints of diverse art styles and themes. | Noida, India, India | 2023 |
Artisan India
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Curates and distributes luxury wallpapers with diverse designs for home interiors. | New Delhi, India, India | 2003 |
Euro Pratik
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Designs, imports, and markets decorative wall panels, laminates, and interior products globally. | Mumbai, India, India | 2003 |
Salasar Laminates
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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 | ********* |
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 of Gratex Industries Limited
Gratex Industries Limited is currently managed by 6 directors, with 13 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Prashant Sawant
Also directs:
Satsang Management Consulting Private Limited
|
Director | 09 Jul 2019 | 7 Years 0 Months | Current |
|
Karan Baldev Sharma
Also directs:
Marshalls Enterprise India Private Limited
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Managing Director | 27 Sep 2000 | 25 Years 9 Months | Current |
|
Mona Pratap Menon
Also directs:
Marshalls Enterprise India Private Limited
|
Director | 01 Oct 1995 | 30 Years 9 Months | Current |
| Baldevkrishan Ramrattan Sharma | Director | 01 Oct 1992 | 33 Years 9 Months | Current |
| Akanksha Bector | Director | 14 Aug 2023 | 2 Years 10 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. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| 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 |
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
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Employee Count & EPFO Data of Gratex Industries Limited
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GST Compliance of Gratex Industries Limited
GSTIN & GST Filing Data of Gratex Industries Limited
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Credit Ratings, Litigation & Regulatory Alerts for Gratex Industries Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Gratex Industries Limited
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MSME Payment Delays by Gratex Industries Limited
MSME Payment Delays by Gratex Industries Limited
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Subsidiaries & Group Companies of Gratex Industries Limited
Subsidiaries & Group Companies of Gratex Industries Limited
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MCA Filings & Documents of Gratex Industries Limited
MCA Filings & Documents of 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 ₹3.75 Cr for FY 2025 (down 6.00% YoY).
The current directors of Gratex Industries Limited are:
- Mona Pratap Menon
- Prashant Sawant
- Neha Arora
- Karan Baldev Sharma
- Baldevkrishan Ramrattan Sharma
- Akanksha Bector
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.