Jade Granites Industries Private Limited

Jade Granites Industries Private Limited - manufacturing in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN U14294GJ2016PTC093128 Incorporated 28 July 2016 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Private Limited Company manufacturing MSME · Medium
Data last updated
Revenue · FY 2024
₹15.94 Cr
▼ 48% YoY
Net loss · FY 2024
₹2.3 Cr
Net margin -14.4%
EBITDA · FY 2024
₹3.29 Cr
EBITDA margin 20.7%
Authorised capital
₹7 Cr
Registered with MCA
Paid-up capital
₹6.66 Cr
Issued & subscribed
Open charges
₹57.88 Cr
Satisfied ₹33.7 Cr
Company age
10 yrs
Est. 2016
Employees · EPFO
2
Provident fund records

About Jade Granites Industries Private Limited

Data last updated:

Jade Granites Industries Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the ceramics segment of the manufacturing sector. It was incorporated on 28 July 2016 and has been in existence for over 10 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U14294GJ2016PTC093128. Its GSTIN is 24AADCJ7631G1ZP (Gujarat).

The company has an authorised share capital of ₹7 Cr and a paid-up capital of ₹6.66 Cr. It is led by directors including Jaydev Ambalal Patel (Managing Director) and Mrugal Dilipbhai Sompura.

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 304 Banker House Opp Golden Triangle Building Nr Sardar Patel Stadium Navrangpura, Ahmedabad, Gujarat, India – 380009.

As per the financials filed for FY 2024, the company reported a revenue of ₹15.94 Cr, a decline of 48% compared to the previous year. For the same year it recorded a net loss of ₹2.3 Cr (net margin -14.4%) and EBITDA of ₹3.29 Cr (EBITDA margin 20.7%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years and 44% over five years.

The company has about 2 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Jade Granites Industries. As per MCA filings, the company has open charges of ₹57.88 Cr and satisfied charges of ₹33.7 Cr on record. The company has 4 deals on record (2 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹6.77 Cr; the latest was in May 2019.

Jade Granites Industries Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0042950). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website jadeind.com.

Company details

CIN U14294GJ2016PTC093128
Registration Number 093128
Incorporation Date 28 July 2016
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-01-0042950
Key People
Jaydev Ambalal Patel Managing Director Mrugal Dilipbhai Sompura Director Dipakkumar Amrutlal Patel Director

Recognitions & Rankings of Jade Granites Industries

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-GJ-01-0042950

Contact details

Jade Granites Industries Private Limited's registered office is in Ahmedabad, Gujarat. Its website is jadeind.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    jadeind.com
  • Registered Address
    304 Banker House Opp Golden Triangle Building Nr Sardar Patel Stadium Navrangpura, Ahmedabad, Gujarat, India – 380009
  • Industry
    Manufacturing, Ceramics, Sanitaryware & Tile

To see the full contact details of Jade Granites Industries Private Limited, buy the company report.

Comprehensive company report
Jade Granites Industries 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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Brands

Jade Granites Industries operates one associated brand: Jade Granites Industries. Each brand links to its own profile.

BrandDescriptionWebsite
Jade Granites Industries
Processes and supplies high-quality natural stones from quarries in India.jadeind.com

Business activity

The main business activity of Jade Granites Industries is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC8Plastic products, non-metallic mineral products, rubber products, fabricated metal products

To see the full business activity and turnover split of Jade Granites Industries Private Limited, buy the company report.

Financials of Jade Granites Industries Private Limited

FY 2024 filings available

Jade Granites Industries Private Limited reported revenue of ₹15.94 Cr (down 48% YoY) for FY 2024.

Revenue · FY 2024
₹15.94 Cr ▼ 48%
Net loss · FY 2024
₹2.3 Cr margin -14.4%
EBITDA · FY 2024
₹3.29 Cr margin 20.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 48%
3 years · compounded
▲ 24%
5 years · compounded
▲ 44%
EBITDA CAGR growth
1 year
▼ 74%
3 years · compounded
▲ 17%
5 years · compounded
▲ 69%

Revenue fell 48% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 44%. EBITDA fell 74% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹15.94 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹3.29 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹2.3 Cr
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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin20.7%
Net Profit Margin-14.4%
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 Jade Granites Industries Private Limited, buy the company report.

Board of directors of Jade Granites Industries Private Limited

Jade Granites Industries has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Mrugal Dilipbhai Sompura
Also directs: Prograce Technologies Private Limited, Proneel Technologies Pvt Ltd
Director28 Jul 201610 Years 3 MonthsCurrent
Jaydev Ambalal Patel
Also directs: Jade Granistone Private Limited, Be Indiano Private Limited
Managing Director28 Jul 201610 Years 3 MonthsCurrent
Dipakkumar Amrutlal Patel
Also directs: Be Indiano Private Limited
Director28 Jul 201610 Years 3 MonthsCurrent
View all directors

Auditor

Jade Granites Industries Private Limited is audited by DIPESH CHOKSHI & CO for the financial year 2024.

Auditor firmFinancial yearFirm registration number
DIPESH CHOKSHI & COFY 2024114533W

Shareholding

The shareholding of Jade Granites Industries 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Jade Granites Industries Private Limited, buy the company report.

Charges & borrowings

Open charges
₹57.88 Cr
Satisfied charges
₹33.7 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹40.56 Cr
Others₹17.31 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
29 Apr 2025101097745Others₹4 CrOpen
24 Oct 2024101016934Others₹4.6 CrOpen
14 Jun 2024100941109Others₹1.98 CrOpen
21 Mar 2024100903216Others₹2.12 CrOpen
17 Sep 2022100622832Others₹4.04 CrOpen

To see the full charge records of Jade Granites Industries Private Limited, buy the company report.

Total charge records: 9 View all charges

Deals & funding

Jade Granites Industries Private Limited has 4 deals on record (2 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹6.77 Cr; the latest was in May 2019.

Total deals
4
Secondary share transfers
2
Rights issue
1
Funding round
1
Disclosed funding
₹6.77 Cr

Deals on record (4 of 4)

WhenDealAmountParties
May 2019Funding round₹6.77 CrInvestors: an individual
Jul 2018Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Apr 2018Secondary share transferUndisclosedBuyer: 4 individuals
Seller: 4 individuals
Sep 2016Rights issue₹4.99 CrInvestors: 4 individuals

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Jade Granites Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Jade Granites Industries Private Limited has a workforce of 2 employees on its EPFO records as of Aug 2025, across 1 active EPFO establishment.

Employee count
2
Active EPFO establishments
1
Employee growth
-85.7%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2025-262
FY 2024-25
FY 2023-24

To see the full employee and EPFO history of Jade Granites Industries Private Limited, buy the company report.

GST

Jade Granites Industries has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AADCJ7631G1ZPGujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Jade Granites Industries Private Limited, buy the company report.

Recent activity

Jade Granites Industries Private Limited has 8 board changes on record since 2016: 3 appointments and 5 cessations. The latest: Jaydev Ambalal Patel ceased to be Director on 26 Oct 2018.

Charges
A charge with Others amounted to Rs. 4.00 Cr with Charge ID 101097745 was registered on 29 Apr 2025.
Charges
A charge with Hdfc Bank Limited of Rs. 40.56 Cr registered on 17 Feb 2021 with Charge ID 100422550 was modified on 18 Feb 2025.
Charges
A charge with Others amounted to Rs. 4.60 Cr with Charge ID 101016934 was registered on 24 Oct 2024.
AGM
Jade Granites Industries Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 1.98 Cr with Charge ID 100941109 was registered on 14 Jun 2024.
Filing
Jade Granites Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge with Others amounted to Rs. 2.12 Cr with Charge ID 100903216 was registered on 21 Mar 2024.
Charges
A charge with Others amounted to Rs. 4.04 Cr with Charge ID 100622832 was registered on 17 Sep 2022.
Charges
A charge with Others amounted to Rs. 0.57 Cr with Charge ID 100570180 was registered on 11 Apr 2022.
Charges
A charge registered on 30 Mar 2017 via Charge ID 100089214 with Tjsb Sahakari Bank Limited was fully satisfied on 19 Mar 2021.
Charges
A charge registered on 30 Mar 2017 via Charge ID 100089215 with Tjsb Sahakari Bank Limited was fully satisfied on 19 Mar 2021.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 40.56 Cr with Charge ID 100422550 was registered on 17 Feb 2021.

11 earlier events are in the company report.

Frequently asked questions

Jade Granites Industries is an active private limited company based in Ahmedabad, Gujarat, India. The company works in ceramics, within the manufacturing industry. It was incorporated on 28 July 2016 (10+ years old) and is registered under CIN U14294GJ2016PTC093128.

Jade Granites Industries has 3 current directors:

The latest financial statements of Jade Granites Industries 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 FY 2017 are in the company report.

The GSTIN of Jade Granites Industries is 24AADCJ7631G1ZP, registered in Gujarat.

The CIN (Corporate Identification Number) of Jade Granites Industries is U14294GJ2016PTC093128. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Jade Granites Industries was incorporated on 28 July 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Jade Granites Industries has 4 deals on record (2 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹6.77 Cr; the latest was in May 2019.

Jaydev Ambalal Patel ceased to be Director on 26 Oct 2018. Ankitkumar Patel ceased to be Director on 22 Jun 2018. Hardikkumar Patel ceased to be Director on 22 Jun 2018. Jade Granites Industries has 8 board changes on record in total.

Yes, Jade Granites Industries is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-01-0042950).

Jade Granites Industries can be reached through the website jadeind.com. Its registered office is in Ahmedabad, Gujarat, India.