Gravity Concrete Solutions Private Limited
About Gravity Concrete Solutions Private Limited
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Gravity Concrete Solutions Private Limited is a private limited company based in Jammu, Jammu And Kashmir, India. It operates in the procurement and construction (epc) segment of the engineering sector. It was incorporated on 12 January 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Jammu, under CIN U74900JK2011PTC003256. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.2 Cr. It is led by directors including Parvez Ahmad Dar (Managing Director) and Bashir Ahammed Bhat.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Gole Market Chowdhary Complex Bantalab, Jammu, Jammu and Kashmir, India – 181123.
As per the financials filed for FY 2018, the company reported a revenue of ₹14.78 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹24.55 Lakh (net margin 1.7%) and EBITDA of ₹4.11 Cr (EBITDA margin 27.8%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years.
As per MCA filings, the company has open charges of ₹33.52 Cr on record. Court records list 11 cases involving the company, including 7 filed by the company and 4 filed against it; 2 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Gravity Concrete Solutions Private Limited's registered office is in Jammu, Jammu And Kashmir. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressGole Market Chowdhary Complex Bantalab, Jammu, Jammu and Kashmir, India – 181123
- IndustryEngineering, Procurement & Construction (EPC), Engineering
To see the full contact details of Gravity Concrete Solutions 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 Gravity Concrete Solutions is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Gravity Concrete Solutions Private Limited, buy the company report.
Financials of Gravity Concrete Solutions Private Limited
FY 2018 filings availableGravity Concrete Solutions Private Limited reported revenue of ₹14.78 Cr (down 5% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue fell 5% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 26%. EBITDA rose 22% 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
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹14.78 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹4.11 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹24.55 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
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 27.8% | |||
| Net Profit Margin | 1.7% | |||
| 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 | ||||
To see the full financial statements and ratios of Gravity Concrete Solutions Private Limited, buy the company report.
Board of directors of Gravity Concrete Solutions Private Limited
Gravity Concrete Solutions has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bashir Ahammed Bhat | Director | 20 Mar 2013 | 13 Years 7 Months | Current |
| Janak Raj Gupta | Director | 12 Jan 2011 | 15 Years 9 Months | Current |
| Parvez Ahmad Dar | Managing Director | 12 Jan 2011 | 15 Years 9 Months | Current |
Auditor
Gravity Concrete Solutions Private Limited is audited by J S V P & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J S V P & CO | FY 2018 | 003435N |
Shareholding
The shareholding of Gravity Concrete Solutions Private Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Gravity Concrete Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Mar 2012 | 10350476 | Others | ₹31.66 Cr | Open | |
| 20 Oct 2011 | 10316260 | The Jammu & Kashmir Bank Limited | ₹1.2 Cr | Open | |
| 05 Jul 2011 | 10303318 | Hdfc Bank Limited | ₹2.33 Lakh | Open | |
| 05 Jul 2011 | 10303320 | Hdfc Bank Limited | ₹25.2 Lakh | Open | |
| 05 Jul 2011 | 10303323 | Hdfc Bank Limited | ₹16.37 Lakh | Open |
To see the full charge records of Gravity Concrete Solutions Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Gravity Concrete Solutions Private Limited has 11 court cases on record: 7 filed by Gravity Concrete Solutions, 4 filed against it. 2 cases are pending and 9 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 4 | 1 |
| High courts | 2 | 0 | 1 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Jammu and Kashmir and Ladakh | Writ petition | Filed by the company against Jammu and Kashmir Bank Ltd and Ors | Pending |
| District court, Jammu, Jammu and Kashmir | Court case (Criminal Mislaneous) | Filed by the company against Jammu and Kashmir Bank Ltd Through Asaf Rasool Kanu Srinagar | Disposed |
| District court, Jammu, Jammu and Kashmir | Arbitration matter | Filed by the company against HDFC Bank Ltd. Through Legal Manager | Disposed |
| District court, Ramban, Jammu and Kashmir | Cheque dishonour complaint | Filed against the company by Ms Gouria and Sons Through Its Proprietor Sudesh | Pending |
| District court, Srinagar, Jammu and Kashmir | Court case (Restoration) | Filed by the company against an individual | Disposed |
To see the full case history of Gravity Concrete Solutions Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Gravity Concrete Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Gravity Concrete Solutions has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Gravity Concrete Solutions Private Limited, buy the company report.
Recent activity
Gravity Concrete Solutions Private Limited has 4 board changes on record since 2011: 4 appointments. The latest: Jagar Singh was appointed as Additional Director on 18 May 2015.
2 earlier events are in the company report.
Frequently asked questions
Gravity Concrete Solutions is an active private limited company based in Jammu, Jammu And Kashmir, India. The company works in procurement and construction (epc), within the engineering industry. It was incorporated on 12 January 2011 (15+ years old) and is registered under CIN U74900JK2011PTC003256.
Gravity Concrete Solutions has 3 current directors:
- Parvez Ahmad Dar - Managing Director
- Bashir Ahammed Bhat - Director
- Janak Raj Gupta - Director
The latest financial statements of Gravity Concrete Solutions on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
No. Gravity Concrete Solutions has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Gravity Concrete Solutions is U74900JK2011PTC003256. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gravity Concrete Solutions has 11 court cases on record: 7 filed by the company and 4 filed against it. 2 are pending. Most are in the district courts.
Gravity Concrete Solutions was incorporated on 12 January 2011, making it 15+ years old. It is registered with the Registrar of Companies, Jammu.
Jagar Singh was appointed as Additional Director on 18 May 2015. Bashir Ahammed Bhat was appointed as Director on 20 Mar 2013. Janak Raj Gupta was appointed as Director on 12 Jan 2011. Gravity Concrete Solutions has 4 board changes on record in total.
The registered office of Gravity Concrete Solutions is at Gole Market Chowdhary Complex Bantalab, Jammu, Jammu and Kashmir, India – 181123.
Gravity Concrete Solutions operates in the engineering industry, in the procurement and construction (epc) segment.
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