MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-32-0003897
Greenray Granito Private Limited - metals and minerals in Wankaner, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹70.53 Cr
▼ 36% YoY
Net loss · FY 2025
₹13.72 Cr
Net margin -19.4%
EBITDA · FY 2025
-₹3.13 Cr
EBITDA margin -4.4%
Authorised capital
₹25 Cr
Registered with MCA
Paid-up capital
₹25 Cr
Issued & subscribed
Open charges
₹58.34 Cr
Secured borrowings
Company age
6 yrs
Est. 2020
Directors on board
4
As per MCA filings
About Greenray Granito Private Limited
Data last updated:
Greenray Granito Private Limited is a private limited company based in Wankaner, Gujarat, India. It operates in the construction materials distribution segment of the metals and mining sector. It was incorporated on 06 January 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U26990GJ2020PTC111902. Its GSTIN is 24AAICG1650P1ZD (Gujarat).
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹25 Cr. It is led by directors including Parth Bharatkumar Sanghvi and Narendrasinh Lakhubha Parmar.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Survey No. 252/1P6 & 252/1P9 In Front Of Gujarat Gas Station, Matel Road Lakaddhar, Wankaner, Gujarat, India – 363621.
As per the financials filed for FY 2025, the company reported a revenue of ₹70.53 Cr, a decline of 36% compared to the previous year. For the same year it recorded a net loss of ₹13.72 Cr (net margin -19.4%) and EBITDA of -₹3.13 Cr (EBITDA margin -4.4%).
The company is associated with 1 brand: Greenray Granito. As per MCA filings, the company has open charges of ₹58.34 Cr on record. Court records list 108 cases involving the company, including 108 filed by the company; 80 cases are pending. The company has 1 deal on record (1 rights issue); the latest was in February 2021. Its 6 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 4 smaller; the largest is Sunglare Vitrified Private Limited with revenue of ₹72.38 Cr.
Greenray Granito Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-32-0003897). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website greenraygranito.com.
Company details
CIN U26990GJ2020PTC111902
Registration Number 111902
Incorporation Date 06 January 2020
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-32-0003897
Key People
Parth Bharatkumar Sanghvi Director Venkateswarlu Srungavarapu Nominee Director Narendrasinh Lakhubha Parmar Director Recognitions & Rankings of Greenray Granito
Contact details
Greenray Granito Private Limited's registered office is in Wankaner, Gujarat. Its website is greenraygranito.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSurvey No. 252/1P6 & 252/1P9 In Front Of Gujarat Gas Station, Matel Road Lakaddhar, Wankaner, Gujarat, India – 363621
- IndustryMetals and Minerals, Construction Materials Retail & Distribution
To see the full contact details of Greenray Granito Private Limited, buy the company report.
Comprehensive company report
Greenray 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Greenray Granito operates one associated brand: Greenray Granito. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures high-quality tiles for construction and design applications. | greenraygranito.com |
Business activity
The main business activity of Greenray 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 Greenray Granito Private Limited, buy the company report.
Financials of Greenray Granito Private Limited
FY 2025 filings availableGreenray Granito Private Limited reported revenue of ₹70.53 Cr (down 36% YoY) for FY 2025.
Revenue · FY 2025
₹70.53 Cr ▼ 36%
Net loss · FY 2025
₹13.72 Cr margin -19.4%
EBITDA · FY 2025
-₹3.13 Cr margin -4.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 36%
EBITDA CAGR growth
1 year
▼ 123%
3 years · compounded
▼ 384%
Revenue fell 36% in the latest year. EBITDA fell 123% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹3.13 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹13.72 Cr | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -4.4% | ||||
| Net Profit Margin | -19.4% | ||||
| 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 Greenray Granito Private Limited, buy the company report.
Board of directors of Greenray Granito Private Limited
Greenray Granito has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Parth Bharatkumar Sanghvi Also directs: Greenzone Granito Private Limited | Director | 11 Mar 2024 | 2 Years 7 Months | Current |
| Venkateswarlu Srungavarapu Also directs: Greenzone Granito Private Limited | Nominee Director | 02 Sep 2024 | 2 Years 2 Months | Current |
| Narendrasinh Lakhubha Parmar Also directs: Greenzone Granito Private Limited, Abcstar Express Private Limited | Director | 03 Mar 2023 | 3 Years 8 Months | Current |
| Vivekrajsinh Dilawarsinh Jadeja | Director | 03 Mar 2023 | 3 Years 8 Months | Current |
Peer comparison
Greenray Granito Private Limited is compared with the 6 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 |
|---|---|---|---|---|---|---|
| Sunglare Vitrified Private Limited | ₹72.38 Cr (FY 2025) | 30.0% | Sartanpar, Gujarat, India | |||
| Metropole Tiles Private Limited | ₹72.04 Cr (FY 2024) | -33.0% | Morbi, Gujarat, India | |||
| Greenray Granito Private Limitedthis company | ₹70.53 Cr (FY 2025) | -₹13.72 Cr | -19.4% | -36.0% | Wankaner, Gujarat, India | |
| Famous Vitrified Private Limited | ₹69.93 Cr (FY 2025) | 1.0% | Sartanpar, Gujarat, India | |||
| Sunflora Vitrified Private Limited | ₹69.11 Cr (FY 2025) | -13.0% | Matel, Gujarat, India | |||
| Zed Vitrified Private Limited | ₹69.09 Cr (FY 2025) | -25.0% | Lalpar, Gujarat, India | |||
| Metro City Tiles Private Limited | ₹69.06 Cr (FY 2024) | 8.0% | Ghuntu, Gujarat, India |
To see the full peer comparison of Greenray Granito Private Limited, buy the company report.
Auditor
Greenray Granito Private Limited is audited by JAYESH CHANDALA AND CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAYESH CHANDALA AND CO. | FY 2023 | 131155W |
Shareholding
The shareholding of Greenray Granito Private Limited is on record for 3 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Greenray Granito Private Limited, buy the company report.
Charges & borrowings
Open charges
₹58.34 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Oct 2021 | 100500369 | State Bank of India | ₹58.34 Cr | Open |
To see the full charge records of Greenray Granito Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Greenray Granito Private Limited has 1 deal on record (1 rights issue); the latest was in February 2021.
Total deals
1
Rights issue
1
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2021 | Rights issue | ₹9.57 Cr | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Greenray Granito Private Limited has 108 court cases on record: 108 filed by Greenray Granito. 80 cases are pending and 28 are disposed.
Total cases
108
Filed by the company
108
Pending
80
Disposed
28
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 108 | 0 | 80 |
Cases on record (5 of 108)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, MORBI, Gujarat | Criminal complaint | Filed by the company against Forum Ceramics LLP. | Pending |
| District court, MORBI, Gujarat | Criminal complaint | Filed by the company against Ihub Multi Stores Pvt.Ltd. | Pending |
| District court, MORBI, Gujarat | Court case (CR EN) | Filed by the company against Ihub Multi Stores Pvt.Ltd. | Disposed |
| District court, MORBI, Gujarat | Court case (CR EN) | Filed by the company against Forum Ceramics LLP. | Disposed |
| District court, MORBI, Gujarat | Criminal complaint | Filed by the company against Trust International | Pending |
To see the full case history of Greenray 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Greenray Granito Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Greenray Granito Private Limited has 1 active EPFO establishment as of Apr 05, 2024.
Active EPFO establishments
1
GST
Greenray Granito has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAICG1650P1ZD | Gujarat | Active | 12 Feb 2020 |
To see the full GST registrations and return filing status of Greenray Granito Private Limited, buy the company report.
Recent activity
Greenray Granito Private Limited has 9 board changes on record since 2023: 4 appointments and 5 cessations. The latest: Akbar Rahim Badi ceased to be Director on 21 Dec 2024.
AGM
Greenray Granito Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Greenray Granito Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Akbar Rahim Badi ceased to be Director.
Appointed
Venkateswarlu Srungavarapu was appointed as Nominee Director.
Appointed
Parth Bharatkumar Sanghvi was appointed as Director.
Charges
A charge with State Bank Of India of Rs. 58.34 Cr registered on 28 Oct 2021 with Charge ID 100500369 was modified on 31 Jan 2024.
Ceased
Jitendrabhai Bhupatbhai Trasadiya ceased to be Director.
Ceased
Prabhubhai Bhupatbhai Trasadiya ceased to be Director.
Ceased
Ramkrishna Jagjivanbhai Khambhaliya ceased to be Director.
Appointed
Narendrasinh Lakhubha Parmar was appointed as Director.
Ceased
Narendrasinh Lakhubha Parmar ceased to be Managing Director.
Appointed
Vivekrajsinh Dilawarsinh Jadeja was appointed as Director.
2 earlier events are in the company report.
Frequently asked questions
Greenray Granito is an active private limited company based in Wankaner, Gujarat, India. The company works in construction materials retail and distribution, within the metals and minerals industry. It was incorporated on 06 January 2020 (6+ years old) and is registered under CIN U26990GJ2020PTC111902.
Greenray Granito has 4 current directors:
- Parth Bharatkumar Sanghvi - Director
- Venkateswarlu Srungavarapu - Nominee Director
- Narendrasinh Lakhubha Parmar - Director
- Vivekrajsinh Dilawarsinh Jadeja - Director
The latest financial statements of Greenray Granito on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Greenray Granito is 24AAICG1650P1ZD, registered in Gujarat.
The CIN (Corporate Identification Number) of Greenray Granito is U26990GJ2020PTC111902. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Greenray Granito has 108 court cases on record: 108 filed by the company. 80 are pending.
Greenray Granito was incorporated on 06 January 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Greenray Granito has 1 deal on record (1 rights issue); the latest was in February 2021.
The peers of Greenray Granito by revenue are Sunglare Vitrified Private Limited, Metropole Tiles Private Limited, Famous Vitrified Private Limited, Sunflora Vitrified Private Limited, Zed Vitrified Private Limited and 1 more, 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).
Akbar Rahim Badi ceased to be Director on 21 Dec 2024. Venkateswarlu Srungavarapu was appointed as Nominee Director on 02 Sep 2024. Parth Bharatkumar Sanghvi was appointed as Director on 11 Mar 2024. Greenray Granito has 9 board changes on record in total.
Yes, Greenray Granito is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-32-0003897).
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages