MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-GA-02-0005426
Grovemark Methods Private Limited - fmcg in Salcete, Goa, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹4.76 Lakh
▲ 31% YoY
Net loss · FY 2025
₹3.73 Lakh
Net margin -78.3%
EBITDA · FY 2025
₹1.83 Lakh
EBITDA margin 38.4%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹72.93 Lakh
Issued & subscribed
Satisfied charges
₹1.57 Cr
No open charges
Company age
28 yrs
Est. 1998
Directors on board
2
As per MCA filings
About Grovemark Methods Private Limited
Data last updated:
Grovemark Methods Private Limited is a private limited company based in Salcete, Goa, India. It operates in the personal care and skincare products segment of the FMCG sector. It was incorporated on 24 September 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Goa, under CIN U24246GA1998PTC002610. Its GSTIN is 30AABCG0793Q2ZE (Goa). The company holds 4 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹72.93 Lakh. It is led by directors Raj Durgadatt Grover (Managing Director) and Rishabh Raj Grover.
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 Salcete, Goa.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.76 Lakh, a growth of 31% compared to the previous year. For the same year it recorded a net loss of ₹3.73 Lakh (net margin -78.3%) and EBITDA of ₹1.83 Lakh (EBITDA margin 38.4%). Revenue has declined at a compounded annual rate (CAGR) of 45% over three years and 7% over five years.
As per MCA filings, the company has satisfied charges of ₹1.57 Cr on record.
Grovemark Methods Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GA-02-0005426). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website grovemark.com.
Company details
CIN U24246GA1998PTC002610
Registration Number 002610
Incorporation Date 24 September 1998
ROC Goa
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-GA-02-0005426
Recognitions & Rankings of Grovemark Methods
Contact details
Grovemark Methods Private Limited's registered office is in Salcete, Goa. Its website is grovemark.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSy No 34/3 – H, Ground Floor, Salcete, Goa, India – 403718
- IndustryFMCG, Personal Care & Skincare Products
To see the full contact details of Grovemark Methods Private Limited, buy the company report.
Comprehensive company report
Grovemark Methods 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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Business activity
The main business activity of Grovemark Methods is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Grovemark Methods Private Limited, buy the company report.
Financials of Grovemark Methods Private Limited
FY 2025 filings availableGrovemark Methods Private Limited reported revenue of ₹4.76 Lakh (up 31% YoY) for FY 2025.
Revenue · FY 2025
₹4.76 Lakh ▲ 31%
Net loss · FY 2025
₹3.73 Lakh margin -78.3%
EBITDA · FY 2025
₹1.83 Lakh margin 38.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 31%
3 years · compounded
▲ 45%
5 years · compounded
▼ 7%
EBITDA CAGR growth
1 year
▼ 99%
3 years · compounded
▲ 82%
5 years · compounded
▼ 3%
Revenue rose 31% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 7%. EBITDA fell 99% 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 |
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| EBITDA | ₹1.83 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹3.73 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 38.4% | ||||
| Net Profit Margin | -78.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Grovemark Methods Private Limited, buy the company report.
Board of directors of Grovemark Methods Private Limited
Grovemark Methods has 2 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 |
|---|---|---|---|---|
| Raj Durgadatt Grover | Managing Director | 24 Sep 1998 | 28 Years 1 Months | Current |
| Rishabh Raj Grover | Director | 19 Jan 2019 | 7 Years 9 Months | Current |
Auditor
Grovemark Methods Private Limited is audited by RAJESHA L & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAJESHA L & ASSOCIATES | FY 2020 | 019332S |
Shareholding
The shareholding of Grovemark Methods Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Grovemark Methods Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹1.57 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Nov 2009 | 10186267 | Bank of India | ₹6.5 Lakh | Satisfied | |
| 19 Jun 2007 | 10062883 | Bank of India | ₹45 Lakh | Satisfied | |
| 28 Oct 2000 | 90065576 | Bank of India | ₹1.05 Cr | Satisfied |
To see the full charge records of Grovemark Methods Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Grovemark Methods Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Grovemark Methods Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Grovemark Methods has 4 GST registrations: 1 active and 3 cancelled or inactive.
Total GSTINs
4
Active
1
Cancelled / inactive
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 30AABCG0793Q2ZE | Goa | Active | 28 Dec 2018 |
To see the full GST registrations and return filing status of Grovemark Methods Private Limited, buy the company report.
Recent activity
Grovemark Methods Private Limited has 7 board changes on record since 1998: 2 appointments and 5 cessations. The latest: Shashi Shekhar Tripathi ceased to be Director on 18 May 2022.
AGM
Grovemark Methods Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Grovemark Methods Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Goa.
Charges
A charge registered on 28 Oct 2000 via Charge ID 90065576 with Bank Of India was fully satisfied on 24 Mar 2023.
Ceased
Shashi Shekhar Tripathi ceased to be Director.
Ceased
Rishabh Raj Grover ceased to be Additional Director.
Appointed
Rishabh Raj Grover was appointed as Director.
Charges
A charge registered on 05 Nov 2009 via Charge ID 10186267 with Bank Of India was fully satisfied on 26 Jul 2016.
Charges
A charge registered on 19 Jun 2007 via Charge ID 10062883 with Bank Of India was fully satisfied on 26 Jul 2016.
Charges
A charge with Bank Of India of Rs. 1.05 Cr registered on 28 Oct 2000 with Charge ID 90065576 was modified on 30 Jun 2016.
Ceased
Rupa Khambata ceased to be Director.
Ceased
Raj Durgadatt Grover ceased to be Director.
Ceased
Rajani Raj Grover ceased to be Director.
6 earlier events are in the company report.
Frequently asked questions
Grovemark Methods is an active private limited company based in Salcete, Goa, India. The company works in personal care and skincare products, within the FMCG industry. It was incorporated on 24 September 1998 (28+ years old) and is registered under CIN U24246GA1998PTC002610.
Grovemark Methods has 2 current directors:
- Raj Durgadatt Grover - Managing Director
- Rishabh Raj Grover - Director
The latest financial statements of Grovemark Methods 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 2015 are in the company report.
The GSTIN of Grovemark Methods is 30AABCG0793Q2ZE, registered in Goa. The company has 4 GST registrations in all, of which 1 is active and 3 are cancelled or inactive.
The CIN (Corporate Identification Number) of Grovemark Methods is U24246GA1998PTC002610. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Grovemark Methods was incorporated on 24 September 1998, making it 28+ years old. It is registered with the Registrar of Companies, Goa.
Shashi Shekhar Tripathi ceased to be Director on 18 May 2022. Rishabh Raj Grover ceased to be Additional Director on 30 Sep 2019. Rishabh Raj Grover was appointed as Director on 19 Jan 2019. Grovemark Methods has 7 board changes on record in total.
Yes, Grovemark Methods is registered as a micro enterprise under Udyam registration (number: UDYAM-GA-02-0005426).
Grovemark Methods can be reached through the website grovemark.com. Its registered office is in Salcete, Goa, India.
The registered office of Grovemark Methods is at Sy No 343 – H, Ground Floor, Salcete, Goa, India – 403718.
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