Hues Granites Private Limited

Hues Granites Private Limited - metals and minerals in Guntur, Andhra Pradesh, India. FY 2026 financials & compliance.
CIN U14220AP2012PTC083148 Incorporated 17 September 2012 ROC Vijayawada HQ Guntur, Andhra Pradesh, India
Active Private Limited Company metals and minerals MSME · Small
Data last updated
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 of Hues Granites Private Limited
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

Recognitions & Rankings of Hues Granites

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-AP-04-0002057
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    Plot No.304 Classic Towers Rajendra Nagar 1st Lane, Guntur, Andhra Pradesh, India – 522006
  • Industry
    Metals and Minerals, Mining & Mineral Extraction
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Financials, compliance, directors, charges, ownership and filings for Hues Granites Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Financials of Hues Granites Private Limited FY 2024 filings available

Hues 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) of Hues Granites Private Limited

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 of Hues Granites Private Limited

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 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 of Hues Granites Private Limited

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin7.7%••••••••••••••••
Net Profit Margin1.7%••••••••••••••••
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••••••••••••••••••••

Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Hues Granites are in the company report.

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Financial statements from 2015

Earlier years and trend charts are in the company report.

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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
NameDesignationAppointment DateTenureStatus
Koya Prasada RaoDirector08 Jun 201313 Years 4 MonthsCurrent
Koya HarishuDirector17 Sep 201214 Years 1 MonthsCurrent
Srinivasa Rao GarlapatiManaging Director17 Sep 201214 Years 1 MonthsCurrent
Koritela VeeraiahDirector23 Apr 201313 Years 5 MonthsCurrent

Auditor Details of Hues Granites Private Limited

Hues Granites Private Limited is audited by B.V.Rao Associates for the financial year 2023.

NameStatusAppointment DateCessation Date
B.V.Rao AssociatesLockedLockedLocked
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Ownership and Shareholding of Hues Granites Private Limited

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Charges & Borrowings of Hues Granites Private Limited

Open charges
₹39.55 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹38.60 Cr
Indian Overseas Bank₹0.95 Cr
Latest charge details
DateLenderAmountStatus
29 Jan 2024Indian Overseas Bank₹95 LakhOpen
25 Mar 2022Others₹10 LakhOpen
21 Feb 2022Others₹1.5 CrOpen
31 Oct 2020Others₹3 CrOpen
05 Mar 2014Others₹34 CrOpen

Total charge records: 5 View all charges

Employees and EPFO Compliance at Hues Granites Private Limited

Hues Granites Private Limited has a workforce of 48 employees as of Apr 09, 2024.

Employee count
48
Active EPFO establishments
1
Employee growth
-4%
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Hues Granites Private Limited

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 listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Hues Granites Private Limited

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Credit ratings, litigation, and regulatory alerts

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MSME Payment Delays by Hues Granites Private Limited

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Subsidiaries & Group Companies of Hues Granites Private Limited

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GST Compliance of Hues Granites Private Limited

Hues Granites has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
37AADCH0059A1Z4Andhra PradeshActive01 Jul 2017
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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of Hues Granites Private Limited

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MCA filings and documents

Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.

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Frequently Asked Questions about Hues Granites Private Limited

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 reported revenue of ₹40.59 Cr for FY 2023 (up 13% YoY).

Hues Granites has 4 current directors:

Hues Granites reported a net profit of ₹70.78 Lakh (net margin 1.7%) and EBITDA of ₹3.13 Cr (EBITDA margin 7.7%) for FY 2023, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Hues Granites is -1% over five years. In the latest year (FY 2023) revenue rose 13%. CAGR is the steady yearly rate that links the first and the last year.

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 high 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.

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