MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-32-0000665
Greenstone Granito Private Limited - manufacturing in Morbi, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹107.11 Cr
▲ 113% YoY
Net profit · FY 2024
₹6 Cr
Net margin 5.6%
EBITDA · FY 2024
₹17.57 Cr
EBITDA margin 16.4%
Authorised capital
₹29.5 Cr
Registered with MCA
Paid-up capital
₹29.5 Cr
Issued & subscribed
Open charges
₹51.43 Cr
Secured borrowings
Company age
10 yrs
Est. 2016
Employees · EPFO
16
Provident fund records
About Greenstone Granito Private Limited
Data last updated:
Greenstone Granito Private Limited is a private limited company based in Morbi, Gujarat, India. It operates in the ceramics segment of the manufacturing sector. It was incorporated on 28 January 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U26933GJ2016PTC085850. Its GSTIN is 24AAGCG3644R1Z5 (Gujarat).
The company has an authorised share capital of ₹29.5 Cr and a paid-up capital of ₹29.5 Cr. It is led by directors Jitendrabhai Bhupatbhai Trasadiya and Rajeshkumar Ramjibhai Kanetiya.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Survey No. 252/1P5 B/H Shree Ceramic Lakaddhar Road Village : Lakaddhar, Morbi, Gujarat, India – 363621.
As per the financials filed for FY 2024, the company reported a revenue of ₹107.11 Cr, a growth of 113% compared to the previous year. For the same year it recorded a net profit of ₹6 Cr (net margin 5.6%) and EBITDA of ₹17.57 Cr (EBITDA margin 16.4%). Revenue has grown at a compounded annual rate (CAGR) of 31% over three years.
The company has about 16 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Greenstone Granito. As per MCA filings, the company has open charges of ₹51.43 Cr on record. Court records list 78 cases involving the company, including 24 filed by the company and 54 filed against it; 54 cases are pending. The company has 7 deals on record (4 rights issues, 3 secondary share transfers); the latest was in December 2024. Its 5 peer companies in the Manufacturing industry (Ceramics, Sanitaryware and Tiles), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products) are compared by revenue, 2 larger and 3 smaller; the largest is Qutone Granito Private Limited with revenue of ₹111.33 Cr.
Greenstone Granito Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-32-0000665). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website greenstonegranito.com.
Company details
CIN U26933GJ2016PTC085850
Registration Number 085850
Incorporation Date 28 January 2016
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-32-0000665
Recognitions & Rankings of Greenstone Granito
Contact details
Greenstone Granito Private Limited's registered office is in Morbi, Gujarat. Its website is greenstonegranito.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSurvey No. 252/1P5 B/H Shree Ceramic Lakaddhar Road Village : Lakaddhar, Morbi, Gujarat, India – 363621
- IndustryManufacturing, Ceramics, Sanitaryware & Tile
To see the full contact details of Greenstone Granito Private Limited, buy the company report.
Comprehensive company report
Greenstone Granito Private Limited - one report that includes everything
- 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
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Brands
Greenstone Granito operates one associated brand: Greenstone Granito. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Greenstone Granito produces and exports high-quality porcelain tiles with innovative designs. | greenstonegranito.com |
Business activity
The main business activity of Greenstone Granito 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 Greenstone Granito Private Limited, buy the company report.
Financials of Greenstone Granito Private Limited
FY 2024 filings availableGreenstone Granito Private Limited reported revenue of ₹107.11 Cr (up 113% YoY) for FY 2024.
Revenue · FY 2024
₹107.11 Cr ▲ 113%
Net profit · FY 2024
₹6 Cr margin 5.6%
EBITDA · FY 2024
₹17.57 Cr margin 16.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 113%
3 years · compounded
▲ 31%
EBITDA CAGR growth
3 years · compounded
▲ 22%
Revenue has grown at a compounded annual rate (CAGR) of 31% over three years, including 113% growth 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
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| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹17.57 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹6 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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| Long-term Borrowings | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 16.4% | ||||
| Net Profit Margin | 5.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Greenstone Granito Private Limited, buy the company report.
Board of directors of Greenstone Granito Private Limited
Greenstone Granito has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jitendrabhai Bhupatbhai Trasadiya | Director | 28 Jan 2016 | 10 Years 9 Months | Current |
| Rajeshkumar Ramjibhai Kanetiya | Director | 27 Mar 2018 | 8 Years 7 Months | Current |
Peer comparison
Greenstone Granito Private Limited is compared with the 5 companies closest to it by revenue in the Manufacturing industry (Ceramics, Sanitaryware and Tiles), 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 |
|---|---|---|---|---|---|---|
| Qutone Granito Private Limited | ₹111.33 Cr (FY 2017) | 21.0% | Vaghasiya, Gujarat, India | |||
| Leopard Vitrified Private Limited | ₹108.53 Cr (FY 2025) | -27.0% | Wankaner, Gujarat, India | |||
| Greenstone Granito Private Limitedthis company | ₹107.11 Cr (FY 2024) | ₹6 Cr | 5.6% | 113.0% | 16 | Morbi, Gujarat, India |
| Hollis Vitrified Private Limited | ₹105.36 Cr (FY 2025) | -21.0% | Ghuntu, Gujarat, India | |||
| Silk Touch Vitrified Private Limited | ₹104.89 Cr (FY 2025) | -16.0% | Ghuntu, Gujarat, India | |||
| Hawk Granito Private Limited | ₹104.68 Cr (FY 2025) | 1.0% | Morbi, Gujarat, India |
To see the full peer comparison of Greenstone Granito Private Limited, buy the company report.
Auditor
Greenstone Granito Private Limited is audited by K. R. MEHTA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K. R. MEHTA & ASSOCIATES | FY 2023 | 143370W |
Shareholding
The shareholding of Greenstone Granito Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Greenstone Granito Private Limited, buy the company report.
Charges & borrowings
Open charges
₹51.43 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Oct 2018 | 100213240 | State Bank of India | ₹51.43 Cr | Open |
To see the full charge records of Greenstone Granito Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Greenstone Granito Private Limited has 7 deals on record (4 rights issues, 3 secondary share transfers); the latest was in December 2024.
Total deals
7
Rights issues
4
Secondary share transfers
3
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2024 | Rights issue | ₹2 Cr | Investors: 4 individuals |
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| Mar 2023 | Rights issue | ₹2 Cr | Investors: 4 individuals |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of Greenstone Granito Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Greenstone Granito Private Limited has 78 court cases on record: 24 filed by Greenstone Granito, 54 filed against it. 54 cases are pending and 24 are disposed.
Total cases
78
Filed by the company
24
Filed against the company
54
Pending
54
Disposed
24
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 69 | 50 | 52 |
| High courts | 4 | 2 | 0 |
| NCLT | 3 | 1 | 1 |
| Supreme Court | 2 | 1 | 1 |
Cases on record (5 of 78)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, North West, Delhi | Cheque dishonour complaint | Filed against the company by Caravan Roadways Ltd. | Pending |
| District court, Vadodara, Gujarat | Commercial matter | Filed against the company by G. R.M. Ceramics Pvt. Ltd. Authorized Person Pinal B. Patel | Pending |
| District court, MORBI, Gujarat | Criminal complaint | Filed against the company by Baltano Chemicals India LLP - Partner Kakasaniya Kishankumar Arvindbhai ,C.A.-520380 | Pending |
| District court, MORBI, Gujarat | Commercial matter | Filed against the company by Iqosa Impex Pvt Ltd - Priyank Jagjivanbhai Kavar | Pending |
| High Court, GUJARAT | Special civil application | Filed by the company against Indian Council of Ceramic Tiles and Sanitaryware and 174 others | Disposed |
To see the full case history of Greenstone Granito 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.
Credit ratings & regulatory alerts
Greenstone Granito Private Limited was last rated by Care on 03 May 2023.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 03 May 2023 |
To see the full credit ratings and regulatory alerts of Greenstone Granito Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Greenstone Granito Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Greenstone Granito Private Limited has a workforce of 16 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
Employee count
16
Active EPFO establishments
1
Employee growth
-5.88%
GST
Greenstone Granito has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCG3644R1Z5 | Gujarat | Active | 31 Jan 2018 |
To see the full GST registrations and return filing status of Greenstone Granito Private Limited, buy the company report.
Recent activity
Greenstone Granito Private Limited has 8 board changes on record since 2016: 3 appointments and 5 cessations. The latest: Narendrasinh Lakhubha Parmar ceased to be Director on 02 Mar 2023.
Charges
A charge with State Bank Of India of Rs. 51.43 Cr registered on 23 Oct 2018 with Charge ID 100213240 was modified on 18 Oct 2024.
AGM
Greenstone Granito Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Greenstone Granito Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Ceased
Narendrasinh Lakhubha Parmar ceased to be Director.
Ceased
Vivekrajsinh Dilawarsinh Jadeja ceased to be Director.
Ceased
Hiteshkumar Maganlal Aghara ceased to be Director.
Charges
A charge with State Bank Of India amounted to Rs. 51.43 Cr with Charge ID 100213240 was registered on 23 Oct 2018.
Ceased
Prabhubhai Bhupatbhai Trasadiya ceased to be Director.
Appointed
Rajeshkumar Ramjibhai Kanetiya was appointed as Director.
Ceased
Ramjibhai Bhavanbhai Kanetiya ceased to be Director.
Appointed
Jitendrabhai Bhupatbhai Trasadiya was appointed as Director.
Appointed
Ramkrishna Jagjivanbhai Khambhaliya was appointed as Director.
1 earlier event is in the company report.
Frequently asked questions
Greenstone Granito is an active private limited company based in Morbi, Gujarat, India. The company works in ceramics, within the manufacturing industry. It was incorporated on 28 January 2016 (10+ years old) and is registered under CIN U26933GJ2016PTC085850.
Greenstone Granito has 2 current directors:
- Jitendrabhai Bhupatbhai Trasadiya - Director
- Rajeshkumar Ramjibhai Kanetiya - Director
The latest financial statements of Greenstone Granito on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Greenstone Granito is 24AAGCG3644R1Z5, registered in Gujarat.
The CIN (Corporate Identification Number) of Greenstone Granito is U26933GJ2016PTC085850. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Greenstone Granito has 78 court cases on record: 24 filed by the company and 54 filed against it. 54 are pending. Most are in the district courts.
Greenstone Granito was incorporated on 28 January 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Greenstone Granito has 7 deals on record (4 rights issues, 3 secondary share transfers); the latest was in December 2024.
The peers of Greenstone Granito by revenue are Qutone Granito Private Limited, Leopard Vitrified Private Limited, Hollis Vitrified Private Limited, Silk Touch Vitrified Private Limited, Hawk Granito Private Limited, all in the Manufacturing industry (Ceramics, Sanitaryware and Tiles), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Narendrasinh Lakhubha Parmar ceased to be Director on 02 Mar 2023. Vivekrajsinh Dilawarsinh Jadeja ceased to be Director on 02 Mar 2023. Hiteshkumar Maganlal Aghara ceased to be Director on 07 Dec 2022. Greenstone Granito has 8 board changes on record in total.
Yes, Greenstone Granito is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-32-0000665).
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