MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0048438
Hilltop Stones Private Limited - manufacturing in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹18.18 Cr
▼ 17% YoY
Net profit · FY 2024
₹8.09 Lakh
Net margin 0.4%
EBITDA · FY 2024
₹1.8 Cr
EBITDA margin 9.9%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹2.16 Cr
Issued & subscribed
Open charges
₹46.23 Cr
Satisfied ₹42.37 Cr
Company age
18 yrs
Est. 2008
Employees · EPFO
11
Provident fund records
About Hilltop Stones Private Limited
Data last updated:
Hilltop Stones Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the sanitaryware and tile segment of the manufacturing sector. It was incorporated on 01 April 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U26949KA2008PTC045863. Its GSTIN is 29AACCH0119C1Z5 (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹2.16 Cr. It is led by directors including Nilesh Giria (Managing Director) and Kamlesh Jain (Managing Director).
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 No.1/18 1/19 1/4 – 1 1/4 – 3 Bannerghatta Road Near Mico Back Gate, Bangalore, Karnataka, India – 560030.
As per the financials filed for FY 2024, the company reported a revenue of ₹18.18 Cr, a decline of 17% compared to the previous year. For the same year it recorded a net profit of ₹8.09 Lakh (net margin 0.4%) and EBITDA of ₹1.8 Cr (EBITDA margin 9.9%). Revenue has declined at a compounded annual rate (CAGR) of 27% over three years and 14% over five years.
The company has about 11 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹46.23 Cr and satisfied charges of ₹42.37 Cr on record. Court records list 25 cases involving the company, including 9 filed by the company and 16 filed against it; 7 cases are pending. The company has 4 deals on record (2 secondary share transfers, 2 funding rounds), with disclosed funding of ₹3.67 Cr; the latest was in March 2020.
Hilltop Stones Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0048438). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hilltopgranite.com.
Company details
CIN U26949KA2008PTC045863
Registration Number 045863
Incorporation Date 01 April 2008
ROC Bangalore
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0048438
Recognitions & Rankings of Hilltop Stones
Contact details
Hilltop Stones Private Limited's registered office is in Bangalore, Karnataka. Its website is hilltopgranite.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo.1/18 1/19 1/4 – 1 1/4 – 3 Bannerghatta Road Near Mico Back Gate, Bangalore, Karnataka, India – 560030
- IndustryManufacturing, Sanitaryware & Tile, Ceramics
To see the full contact details of Hilltop Stones Private Limited, buy the company report.
Comprehensive company report
Hilltop Stones 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 Hilltop Stones is mining and quarrying. In detail, this covers other mining & quarrying activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| B | Mining and quarrying | B4 | Other Mining & Quarrying Activities |
To see the full business activity and turnover split of Hilltop Stones Private Limited, buy the company report.
Financials of Hilltop Stones Private Limited
FY 2024 filings availableHilltop Stones Private Limited reported revenue of ₹18.18 Cr (down 17% YoY) for FY 2024.
Revenue · FY 2024
₹18.18 Cr ▼ 17%
Net profit · FY 2024
₹8.09 Lakh margin 0.4%
EBITDA · FY 2024
₹1.8 Cr margin 9.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 17%
3 years · compounded
▼ 27%
5 years · compounded
▼ 14%
EBITDA CAGR growth
1 year
▲ 472%
3 years · compounded
▼ 44%
5 years · compounded
▼ 25%
Revenue has declined at a compounded annual rate (CAGR) of 14% over five years, including a 17% fall in the latest year. EBITDA rose 472% 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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| Revenue from Operations | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.8 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹8.09 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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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 | 9.9% | ||||
| Net Profit Margin | 0.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| 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 Hilltop Stones Private Limited, buy the company report.
Board of directors of Hilltop Stones Private Limited
Hilltop Stones has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pramila Jain | Director | 01 Apr 2011 | 15 Years 7 Months | Current |
| Nilesh Giria Also directs: Hill Top Granites Private Limited | Managing Director | 01 Apr 2008 | 18 Years 7 Months | Current |
| Armaan Giria | Director | 19 Apr 2022 | 4 Years 6 Months | Current |
| Kamlesh Jain Also directs: Hill Top Granites Private Limited | Managing Director | 01 Apr 2008 | 18 Years 7 Months | Current |
Auditor
Hilltop Stones Private Limited is audited by TSJ & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| TSJ & ASSOCIATES | FY 2023 | S200076 |
Shareholding
The shareholding of Hilltop Stones 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 Hilltop Stones Private Limited, buy the company report.
Charges & borrowings
Open charges
₹46.23 Cr
Satisfied charges
₹42.37 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Apr 2022 | 100574016 | Others | ₹25 Cr | Open | |
| 23 Jul 2020 | 100358675 | Others | ₹5.55 Cr | Open | |
| 26 Oct 2016 | 100100703 | Others | ₹15.68 Cr | Open | |
| 15 Sep 2023 | 100789351 | Others | ₹12.5 Cr | Satisfied | |
| 04 Sep 2023 | 100787939 | Others | ₹12.5 Cr | Satisfied |
To see the full charge records of Hilltop Stones Private Limited, buy the company report.
Total charge records: 8 View all charges
Deals & funding
Hilltop Stones Private Limited has 4 deals on record (2 secondary share transfers, 2 funding rounds), with disclosed funding of ₹3.67 Cr; the latest was in March 2020.
Total deals
4
Secondary share transfers
2
Funding rounds
2
Disclosed funding
₹3.67 Cr
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 4 individuals |
| Mar 2011 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: R V Unitrade Private Limited , Vipul Hirawat & Sons, 2 individuals |
| Mar 2009 | Funding round | ₹50 Lakh | Investors: R V Unitrade Private Limited , Vipul Hirawat & Sons, 2 individuals |
| Dec 2008 | Funding round | ₹3.17 Cr | Investors: Hilltop Granites Private Limited, Mahalchand Giria (HUF), 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Hilltop Stones Private Limited has 25 court cases on record: 9 filed by Hilltop Stones, 16 filed against it. 7 cases are pending and 18 are disposed.
Total cases
25
Filed by the company
9
Filed against the company
16
Pending
7
Disposed
18
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 17 | 13 | 3 |
| High courts | 8 | 3 | 4 |
Cases on record (5 of 25)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed by the company against Kptcl | Disposed |
| High Court of Karnataka | Writ petition | Filed against the company | Pending |
| Madras High Court | Writ petition | Filed by the company against Additional Commissioner of Central Excise and GST | Pending |
| Madras High Court | Interim or miscellaneous application | Filed by the company against Additional Commissioner of Central Excise and GST | Pending |
| District court, BENGALURU, Karnataka | Criminal case | Filed against the company by Lalitha Enterprises | Pending |
To see the full case history of Hilltop Stones 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
Hilltop Stones Private Limited was last rated by Crisil on 11 Jun 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 11 Jun 2020 |
To see the full credit ratings and regulatory alerts of Hilltop Stones Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Hilltop Stones Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Hilltop Stones has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCH0119C1Z5 | Karnataka | Active | 01 Jul 2017 |
| 33AACCH0119C1ZG | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Hilltop Stones Private Limited, buy the company report.
Recent activity
Hilltop Stones Private Limited has 11 board changes on record since 2008: 4 appointments and 7 cessations. The latest: Armaan Giria ceased to be Additional Director on 30 Sep 2022.
AGM
Hilltop Stones Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge registered on 15 Sep 2023 via Charge ID 100789351 with Others was fully satisfied on 11 Jul 2024.
Charges
A charge registered on 04 Sep 2023 via Charge ID 100787939 with Others was fully satisfied on 11 Jul 2024.
Filing
Hilltop Stones Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with Others amounted to Rs. 12.50 Cr with Charge ID 100789351 was registered on 15 Sep 2023.
Charges
A charge with Others amounted to Rs. 12.50 Cr with Charge ID 100787939 was registered on 04 Sep 2023.
Ceased
Armaan Giria ceased to be Additional Director.
Charges
A charge with Others amounted to Rs. 25.00 Cr with Charge ID 100574016 was registered on 28 Apr 2022.
Appointed
Armaan Giria was appointed as Director.
Charges
A charge with Others amounted to Rs. 5.55 Cr with Charge ID 100358675 was registered on 23 Jul 2020.
Charges
A charge with Others of Rs. 15.68 Cr registered on 26 Oct 2016 with Charge ID 100100703 was modified on 16 Apr 2019.
Ceased
Malchand Jain ceased to be Director.
18 earlier events are in the company report.
Frequently asked questions
Hilltop Stones is an active private limited company based in Bangalore, Karnataka, India. The company works in sanitaryware and tile, within the manufacturing industry. It was incorporated on 01 April 2008 (18+ years old) and is registered under CIN U26949KA2008PTC045863.
Hilltop Stones has 4 current directors:
- Nilesh Giria - Managing Director
- Kamlesh Jain - Managing Director
- Pramila Jain - Director
- Armaan Giria - Director
The latest financial statements of Hilltop Stones 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 2015 are in the company report.
The GSTIN of Hilltop Stones is 29AACCH0119C1Z5, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 33AACCH0119C1ZG (Tamil Nadu).
The CIN (Corporate Identification Number) of Hilltop Stones is U26949KA2008PTC045863. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hilltop Stones has 25 court cases on record: 9 filed by the company and 16 filed against it. 7 are pending. Most are in the district courts.
Hilltop Stones was incorporated on 01 April 2008, making it 18+ years old. It is registered with the Registrar of Companies, Bangalore.
Hilltop Stones has 4 deals on record (2 secondary share transfers, 2 funding rounds), with disclosed funding of ₹3.67 Cr; the latest was in March 2020.
Armaan Giria ceased to be Additional Director on 30 Sep 2022. Armaan Giria was appointed as Director on 19 Apr 2022. Malchand Jain ceased to be Director on 20 Aug 2018. Hilltop Stones has 11 board changes on record in total.
Yes, Hilltop Stones is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0048438).
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