MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-AP-04-0002057
Hues Granites Private Limited
Hues Granites Private Limited - metals and minerals in Guntur, Andhra Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹40.59 Cr
▲ 13% YoY
Net profit · FY 2023
₹70.78 Lakh
Net margin 1.7%
EBITDA · FY 2023
₹3.13 Cr
EBITDA margin 7.7%
Authorised capital
₹16 Cr
Registered with MCA
Paid-up capital
₹13.8 Cr
Issued & subscribed
Open charges
₹39.55 Cr
Secured borrowings
Company age
14 yrs
Est. 2012
Employees · EPFO
48
Provident fund records
About Hues Granites Private Limited
Data last updated:
Hues Granites Private Limited is a private limited company based in Guntur, Andhra Pradesh, India. It operates in the mining and mineral extraction segment of the metals and mining sector. It was incorporated on 17 September 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U14220AP2012PTC083148. Its GSTIN is 37AADCH0059A1Z4 (Andhra Pradesh).
The company has an authorised share capital of ₹16 Cr and a paid-up capital of ₹13.8 Cr. It is led by directors including Srinivasa Rao Garlapati (Managing Director) and Koya Prasada Rao.
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 Plot No.304 Classic Towers Rajendra Nagar 1st Lane, Guntur, Andhra Pradesh, India – 522006.
As per the financials filed for FY 2023, the company reported a revenue of ₹40.59 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹70.78 Lakh (net margin 1.7%) and EBITDA of ₹3.13 Cr (EBITDA margin 7.7%). Revenue has declined at a compounded annual rate (CAGR) of 1% over five years.
The company has about 48 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹39.55 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 1 case is pending.
Hues Granites Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-AP-04-0002057). The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
CIN U14220AP2012PTC083148
Registration Number 083148
Incorporation Date 17 September 2012
ROC Vijayawada
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Non-Compliant
MSME Classification Small
Udyam Registration UDYAM-AP-04-0002057
Key People
Srinivasa Rao Garlapati Managing Director Koya Prasada Rao Director Koya Harishu Director Recognitions & Rankings of Hues Granites
Contact details
Hues Granites Private Limited's registered office is in Guntur, Andhra Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No.304 Classic Towers Rajendra Nagar 1st Lane, Guntur, Andhra Pradesh, India – 522006
- IndustryMetals and Minerals, Mining & Mineral Extraction
To see the full contact details of Hues Granites Private Limited, buy the company report.
Comprehensive company report
Hues Granites 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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Secure checkout · GST invoice included
Financials of Hues Granites Private Limited
FY 2024 filings availableHues Granites Private Limited reported revenue of ₹40.59 Cr (up 13% YoY) for FY 2023.
Revenue · FY 2023
₹40.59 Cr ▲ 13%
Net profit · FY 2023
₹70.78 Lakh margin 1.7%
EBITDA · FY 2023
₹3.13 Cr margin 7.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 13%
5 years · compounded
▼ 1%
EBITDA CAGR growth
1 year
▼ 12%
3 years · compounded
▼ 12%
5 years · compounded
▼ 30%
Revenue rose 13% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 1%. EBITDA fell 12% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹40.59 Cr | ||||
| 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) | ₹70.78 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.7% | ||||
| 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 Hues Granites Private Limited, buy the company report.
Board of directors of Hues Granites Private Limited
Hues Granites has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Koya Prasada Rao | Director | 08 Jun 2013 | 13 Years 4 Months | Current |
| Koya Harishu Also directs: Variant Realtors and Developers Private Limited | Director | 17 Sep 2012 | 14 Years 1 Months | Current |
| Srinivasa Rao Garlapati Also directs: Dahlia Granites Private Limited | Managing Director | 17 Sep 2012 | 14 Years 1 Months | Current |
| Koritela Veeraiah | Director | 23 Apr 2013 | 13 Years 5 Months | Current |
Auditor
Hues Granites Private Limited is audited by B.V.Rao Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B.V.Rao Associates | FY 2023 | 06558S |
Shareholding
The shareholding of Hues Granites 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 Hues Granites Private Limited, buy the company report.
Charges & borrowings
Open charges
₹39.55 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Jan 2024 | 100893516 | Indian Overseas Bank | ₹95 Lakh | Open | |
| 25 Mar 2022 | 100588312 | Others | ₹10 Lakh | Open | |
| 21 Feb 2022 | 100547913 | Others | ₹1.5 Cr | Open | |
| 31 Oct 2020 | 100399440 | Others | ₹3 Cr | Open | |
| 05 Mar 2014 | 10485035 | Others | ₹34 Cr | Open |
To see the full charge records of Hues Granites Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Hues Granites Private Limited has 2 court cases on record: 1 filed by Hues Granites, 1 filed against it. 1 case is pending and 1 is disposed.
Total cases
2
Filed by the company
1
Filed against the company
1
Pending
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
| High courts | 1 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, ANDHRAPRADESH | Writ petition | Filed by the company against Central Power Distribution Company of Andhra Pradesh Ltd. and 2 others | Disposed |
| District court, Prakasham, Andhra Pradesh | Civil suit | Filed against the company by M/S Antolini Luigi India Pvt.,Ltd.,Bangalore,Rep.,By Its Director Mr.Enrico Pere. | Pending |
To see the full case history of Hues Granites 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 Hues Granites Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Hues Granites Private Limited has a workforce of 48 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
48
Active EPFO establishments
1
Employee growth
-4%
GST
Hues Granites has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AADCH0059A1Z4 | Andhra Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Hues Granites Private Limited, buy the company report.
Recent activity
Hues Granites Private Limited has 5 board changes on record since 2012: 4 appointments and 1 cessation. The latest: Srinivasa Rao Garlapati ceased to be Director on 26 Jul 2016.
AGM
Hues Granites Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Hues Granites Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Vijayawada.
Charges
A charge with Indian Overseas Bank amounted to Rs. 0.95 Cr with Charge ID 100893516 was registered on 29 Jan 2024.
Charges
A charge with Others amounted to Rs. 0.10 Cr with Charge ID 100588312 was registered on 25 Mar 2022.
Charges
A charge with Others amounted to Rs. 1.50 Cr with Charge ID 100547913 was registered on 21 Feb 2022.
Charges
A charge with Others amounted to Rs. 3.00 Cr with Charge ID 100399440 was registered on 31 Oct 2020.
Charges
A charge with Others of Rs. 34.00 Cr registered on 05 Mar 2014 with Charge ID 10485035 was modified on 27 Mar 2018.
Ceased
Srinivasa Rao Garlapati ceased to be Director.
Charges
A charge with Others amounted to Rs. 34.00 Cr with Charge ID 10485035 was registered on 05 Mar 2014.
Appointed
Koya Prasada Rao was appointed as Director.
Appointed
Koritela Veeraiah was appointed as Director.
Appointed
Koya Harishu was appointed as Director.
2 earlier events are in the company report.
Frequently asked questions
Hues Granites is an active private limited company based in Guntur, Andhra Pradesh, India. The company works in mining and mineral extraction, within the metals and minerals industry. It was incorporated on 17 September 2012 (14+ years old) and is registered under CIN U14220AP2012PTC083148.
Hues Granites has 4 current directors:
- Srinivasa Rao Garlapati - Managing Director
- Koya Prasada Rao - Director
- Koya Harishu - Director
- Koritela Veeraiah - Director
The latest financial statements of Hues Granites 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 Hues Granites is 37AADCH0059A1Z4, registered in Andhra Pradesh.
The CIN (Corporate Identification Number) of Hues Granites is U14220AP2012PTC083148. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hues Granites has 2 court cases on record: 1 filed by the company and 1 filed against it. 1 is pending. Most are in the district courts.
Hues Granites was incorporated on 17 September 2012, making it 14+ years old. It is registered with the Registrar of Companies, Vijayawada.
Srinivasa Rao Garlapati ceased to be Director on 26 Jul 2016. Koya Prasada Rao was appointed as Director on 08 Jun 2013. Koritela Veeraiah was appointed as Director on 23 Apr 2013. Hues Granites has 5 board changes on record in total.
Yes, Hues Granites is registered as a small enterprise under Udyam registration (number: UDYAM-AP-04-0002057).
The registered office of Hues Granites is at Plot No.304 Classic Towers Rajendra Nagar 1st Lane, Guntur, Andhra Pradesh, India – 522006.