Itcos Granito LLP - manufacturing in Matel, Gujarat, India. FY 2026 financials & compliance.
LLPIN AAG-7869 Incorporated 28 June 2016 ROC Ahmedabad HQ Matel, Gujarat, India
Active Limited Liability Partnership manufacturing MSME · Medium
Data last updated
Revenue · FY 2022
₹41.25 Cr
▼ 6% YoY
Net profit · FY 2022
₹63.87 Lakh
Net margin 1.5%
EBITDA · FY 2022
-₹3.4 Cr
EBITDA margin -8.2%
Contribution obligation
₹9 Cr
As per LLP agreement
Open charges
₹29.25 Cr
Satisfied ₹34.27 Cr
LLP age
10 yrs
Est. 2016
Employees · EPFO
24
Provident fund records
Designated partners
4
As per MCA filings

About Itcos Granito LLP

Data last updated:

Itcos Granito LLP is a limited liability partnership (LLP) based in Matel, Gujarat, India. It operates in the ceramics, sanitaryware and tile segment of the manufacturing sector. It was incorporated on 28 June 2016 and has been in existence for over 10 years.

The LLP is registered with the Registrar of Companies (ROC), Ahmedabad, under LLPIN AAG-7869. Its GSTIN is 24AAFFI8353P1ZU (Gujarat).

The LLP has a total obligation of contribution of ₹9 Cr. It is led by designated partners including Kishan Pravinbhai Bhadja and Jigneshbhai Damjibhai Bhadja.

Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at S.No. 283/1P86 Nr. Pgvcl Sub Station Tal. Wankaner Dist. Morbi, Matel, Gujarat, India – 363621.

As per the financials filed for FY 2022, the LLP reported a revenue of ₹41.25 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹63.87 Lakh (net margin 1.5%) and EBITDA of -₹3.4 Cr (EBITDA margin -8.2%). Revenue has grown at a compounded annual rate (CAGR) of 417% over five years.

The LLP has about 24 employees on its provident fund (EPFO) records.

As per MCA filings, the LLP has open charges of ₹29.25 Cr and satisfied charges of ₹34.27 Cr on record. Court records list 1 case involving the LLP, including 1 filed by the LLP.

Itcos Granito LLP is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-32-0000368).

Company details

LLPIN AAG-7869
Incorporation Date 28 June 2016
Total Obligation of Contribution ₹9 Cr
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 March 2025
Date of Balance Sheet 31 March 2025
MSME Classification Medium
Udyam Registration UDYAM-GJ-32-0000368

Recognitions & Rankings of Itcos Granito

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-GJ-32-0000368

Contact details

Itcos Granito LLP's registered office is in Matel, Gujarat. Its e-mail address is in the company report.

  • Email
  • Registered Address
    S.No. 283/1P86 Nr. Pgvcl Sub Station Tal. Wankaner Dist. Morbi, Matel, Gujarat, India – 363621
  • Industry
    Manufacturing, Ceramics, Sanitaryware & Tile

To see the full contact details of Itcos Granito LLP, buy the company report.

Comprehensive company report
Itcos Granito LLP - 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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Financials of Itcos Granito LLP

FY 2025 filings available

Itcos Granito LLP reported revenue of ₹41.25 Cr (down 6% YoY) for FY 2022.

Revenue · FY 2022
₹41.25 Cr ▼ 6%
Net profit · FY 2022
₹63.87 Lakh margin 1.5%
EBITDA · FY 2022
-₹3.4 Cr margin -8.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 6%
5 years · compounded
▲ 417%

Revenue fell 6% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 417%. 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

Statement of Account and SolvencyFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Income and Expenditure
Turnover
Other Income
Total Income
Purchases and Direct Costs
Personnel Expenses
Administrative Expenses
Interest
Depreciation
Total Expenses
Profit Before Tax
Tax
Profit After Tax₹63.87 Lakh
Profit Transferred to Partners
Assets and Liabilities
Partners' Contribution
Reserves and Surplus
Secured Loans
Unsecured Loans
Trade Payables
Other Liabilities and Provisions
Total Liabilities
Fixed Assets
Investments
Loans and Advances
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

Statement of Account and SolvencyFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profitability
Net Profit Margin1.5%
Return on Partners' Funds
Return on Assets
Liquidity and Debt
Current Ratio
Debt to Partners' Funds
Interest Coverage
Efficiency and Growth
Asset Turnover
Receivable Days
Turnover Growth
Profit Growth

To see the full financial statements and ratios of Itcos Granito LLP, buy the company report.

Designated partners of Itcos Granito LLP

Itcos Granito has 4 current designated partners and 3 former designated partners. Current designated partners are listed first, with their designation and appointment date.

Current Designated Partners
NameDesignationAppointment DateTenureStatus
Kishan Pravinbhai BhadjaDesignated Partner06 Jan 20179 Years 9 MonthsCurrent
Jigneshbhai Damjibhai BhadjaDesignated Partner28 Jun 201610 Years 3 MonthsCurrent
Hareshbhai Ganeshbhai BhadjaDesignated Partner28 Jun 201610 Years 3 MonthsCurrent
Pravinbhai Ganeshbhai BhadjaDesignated Partner28 Jun 201610 Years 3 MonthsCurrent

Charges & borrowings

Open charges
₹29.25 Cr
Satisfied charges
₹34.27 Cr
Breakdown by lending institutions
Icici Bank Limited₹29.25 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
24 Apr 2023100718243Icici Bank Limited₹20 CrOpen
24 Apr 2023100718242Icici Bank Limited₹3.91 CrOpen
24 Apr 2023100718244Icici Bank Limited₹5.34 CrOpen
04 Feb 2017100110662Indian Bank₹34.27 CrSatisfied

To see the full charge records of Itcos Granito LLP, buy the company report.

Total charge records: 4 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Itcos Granito LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Itcos Granito LLP has a workforce of 24 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.

Employee count
24
Active EPFO establishments
1

GST

Itcos Granito has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAFFI8353P1ZUGujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Itcos Granito LLP, buy the company report.

Recent activity

Itcos Granito LLP has 7 designated partner changes on record since 2016: 7 appointments. The latest: Arvind Pragji Bhadja was appointed as Partner on 06 Jan 2017.

AGM
Itcos Granito Llp last Annual general meeting of members was held on 31 Mar 2025 as per latest MCA records.
Filing
Itcos Granito Llp has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Icici Bank Limited of Rs. 20.00 Cr registered on 24 Apr 2023 with Charge ID 100718243 was modified on 16 Mar 2024.
Charges
A charge with Icici Bank Limited of Rs. 3.91 Cr registered on 24 Apr 2023 with Charge ID 100718242 was modified on 23 Jun 2023.
Charges
A charge with Icici Bank Limited of Rs. 5.34 Cr registered on 24 Apr 2023 with Charge ID 100718244 was modified on 23 Jun 2023.
Charges
A charge registered on 04 Feb 2017 via Charge ID 100110662 with Indian Bank was fully satisfied on 01 Jun 2023.
Charges
A charge with Icici Bank Limited amounted to Rs. 3.91 Cr with Charge ID 100718242 was registered on 24 Apr 2023.
Charges
A charge with Icici Bank Limited amounted to Rs. 5.34 Cr with Charge ID 100718244 was registered on 24 Apr 2023.
Charges
A charge with Icici Bank Limited amounted to Rs. 20.00 Cr with Charge ID 100718243 was registered on 24 Apr 2023.
Charges
A charge with Indian Bank of Rs. 34.27 Cr registered on 04 Feb 2017 with Charge ID 100110662 was modified on 30 Mar 2022.
Charges
A charge with Indian Bank amounted to Rs. 34.27 Cr with Charge ID 100110662 was registered on 04 Feb 2017.
Appointed
Arvind Pragji Bhadja was appointed as Partner.

7 earlier events are in the company report.

Frequently asked questions

Itcos Granito is an active limited liability partnership based in Matel, Gujarat, India. The LLP works in ceramics, sanitaryware and tile, within the manufacturing industry. It was incorporated on 28 June 2016 (10+ years old) and is registered under LLPIN AAG-7869.

Itcos Granito has 4 current designated partners:

The latest financial statements of Itcos Granito on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 31 March 2025. Year-wise statements from FY 2017 are in the company report.

The GSTIN of Itcos Granito is 24AAFFI8353P1ZU, registered in Gujarat.

The LLPIN (Limited Liability Partnership Identification Number) of Itcos Granito is AAG-7869. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.

Itcos Granito has 1 court case on record: 1 filed by the LLP.

Itcos Granito was incorporated on 28 June 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Arvind Pragji Bhadja was appointed as Partner on 06 Jan 2017. Ashwinbhai Ganeshbhai Bhadja was appointed as Partner on 06 Jan 2017. Kishan Pravinbhai Bhadja was appointed as Designated Partner on 06 Jan 2017. Itcos Granito has 7 designated partner changes on record in total.

Yes, Itcos Granito is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-32-0000368).

The registered office of Itcos Granito is at S.No. 2831P86 Nr. Pgvcl Sub Station Tal. Wankaner Dist. Morbi, Matel, Gujarat, India – 363621.