Jay Granites Private Limited
About Jay Granites Private Limited
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Jay Granites Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the mining and mineral extraction segment of the metals and mining sector. It was incorporated on 15 March 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U14299TN1989PTC017058. Its GSTIN is 33AAACJ7437R1Z2 (Tamil Nadu). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹7.5 Lakh. It is led by directors including Jayanthi Thangabalu and Kurichi Thangabalu Karthick.
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 12 6th Main Road Kasturibainagar Adyar Madras – 20. Nagar Adyar Madras – 20., Chennai, Tamil Nadu, India.
As per the financials filed for FY 2024, the company reported a revenue of ₹16.01 Lakh, a growth of 78% compared to the previous year. For the same year it recorded a net profit of ₹1.62 Lakh (net margin 10.1%) and EBITDA of ₹1.62 Lakh (EBITDA margin 10.1%). Revenue has declined at a compounded annual rate (CAGR) of 32% over three years and 22% over five years.
Court records list 12 cases involving the company, including 9 filed by the company and 3 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Jay Granites Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address12 6th Main Road Kasturibainagar Adyar Madras – 20. Nagar Adyar Madras – 20., Chennai, Tamil Nadu, India
- IndustryMetals and Minerals, Mining & Mineral Extraction
To see the full contact details of Jay Granites Private Limited, buy the company report.
- 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
Financials of Jay Granites Private Limited
FY 2024 filings availableJay Granites Private Limited reported revenue of ₹16.01 Lakh (up 78% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 78% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 22%. EBITDA fell 56% 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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| EBITDA | ₹1.62 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.62 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 10.1% | ||||
| Net Profit Margin | 10.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Jay Granites Private Limited, buy the company report.
Board of directors of Jay Granites Private Limited
Jay Granites has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jayanthi Thangabalu Also directs: Jaya Aqua Farm Limited, Karthik Granites Private Limited, Tamarai Mills Limited and 3 more | Director | 30 Jun 2004 | 22 Years 4 Months | Current |
| Kurichi Thangabalu Karthick Also directs: Jaya Aqua Farm Limited, Karthik Granites Private Limited, Tamarai Mills Limited and 2 more | Director | 21 Feb 2005 | 21 Years 8 Months | Current |
| Kurichi Thangkaballu Indra Also directs: Jaya Aqua Farm Limited, Karthik Granites Private Limited, Tamarai Mills Limited and 3 more | Director | 18 Feb 2007 | 19 Years 8 Months | Current |
Peer comparison
Jay Granites Private Limited is compared with the 10 companies closest to it by revenue in the Metals and Minerals industry (Mining), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Wealth Build Estate Private Limited | ₹16.61 Lakh (FY 2025) | -96.0% | Udaipur, Rajasthan, India | |||
| Shivsai Ultrasand Private Limited | ₹16.4 Lakh (FY 2020) | Sangli, Maharashtra, India | ||||
| Milan Minerals Private Limited | ₹16.32 Lakh (FY 2025) | 63.0% | Bengaluru, Karnataka, India | |||
| Valueserv Trading India Private Limited | ₹16.28 Lakh (FY 2025) | -35.0% | Mumbai, Maharashtra, India | |||
| Green Stonage Private Limited | ₹16.28 Lakh (FY 2025) | -94.0% | Bangalore, Karnataka, India | |||
| Jay Granites Private Limitedthis company | ₹16.01 Lakh (FY 2024) | ₹1.62 Lakh | 10.1% | 78.0% | Chennai, Tamil Nadu, India | |
| Earthy Minetech Private Limited | ₹15.93 Lakh (FY 2016) | Jodhpur, Rajasthan, India | ||||
| Asim Minerals Private Limited | ₹15.89 Lakh (FY 2024) | -76.0% | Tumsar, Maharashtra, India | |||
| Religare Investment Advisors Limited | ₹15.86 Lakh (FY 2016) | 38.0% | New Delhi, Delhi, India | |||
| Gotan Lime Stone Khanij Udyog Private Limited | ₹15.81 Lakh (FY 2025) | 40.0% | Jodhpur, Rajasthan, India | |||
| Srsworld Aggregates Private Limited | ₹15.76 Lakh (FY 2025) | Gwalior, Madhya Pradesh, India |
To see the full peer comparison of Jay Granites Private Limited, buy the company report.
Shareholding
The shareholding of Jay Granites Private Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Jay Granites Private Limited, buy the company report.
Legal cases
Jay Granites Private Limited has 12 court cases on record: 9 filed by Jay Granites, 3 filed against it. 2 cases are pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 12 | 3 | 2 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Court case (WPMP) | Filed by the company against State of Tamilnadu, and 1 other | Pending |
| High Court, TAMIL NADU | Court case (WPMP) | Filed by the company against State of Tamilnadu and 1 other | Pending |
| High Court, TAMIL NADU | Appeal | Filed by the company against State of Tamil Nadu and 3 others | Disposed |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed by the company against State of Tamil Nadu and 3 others | Disposed |
| High Court, TAMIL NADU | Court case (WVMP) | Filed against the company by The State of Tamilnadu, and 1 other | Disposed |
To see the full case history of Jay 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 Jay Granites Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Jay Granites has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACJ7437R1Z2 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Jay Granites Private Limited, buy the company report.
Recent activity
Jay Granites Private Limited has 3 board changes on record since 2004: 3 appointments. The latest: Kurichi Thangkaballu Indra was appointed as Director on 18 Feb 2007.
Frequently asked questions
Jay Granites is an active private limited company based in Chennai, Tamil Nadu, India. The company works in mining and mineral extraction, within the metals and minerals industry. It was incorporated on 15 March 1989 (37+ years old) and is registered under CIN U14299TN1989PTC017058.
Jay Granites has 3 current directors:
- Jayanthi Thangabalu - Director
- Kurichi Thangabalu Karthick - Director
- Kurichi Thangkaballu Indra - Director
The latest financial statements of Jay 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 Jay Granites is 33AAACJ7437R1Z2, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Jay Granites is U14299TN1989PTC017058. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Jay Granites has 12 court cases on record: 9 filed by the company and 3 filed against it. 2 are pending.
Jay Granites was incorporated on 15 March 1989, making it 37+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Jay Granites by revenue are Wealth Build Estate Private Limited, Shivsai Ultrasand Private Limited, Milan Minerals Private Limited, Valueserv Trading India Private Limited, Green Stonage Private Limited and 5 more, all in the Metals and Minerals industry (Mining).
Kurichi Thangkaballu Indra was appointed as Director on 18 Feb 2007. Kurichi Thangabalu Karthick was appointed as Director on 21 Feb 2005. Jayanthi Thangabalu was appointed as Director on 30 Jun 2004.
The registered office of Jay Granites is at 12 6th Main Road Kasturibainagar Adyar Madras – 20. Nagar Adyar Madras – 20., Chennai, Tamil Nadu, India.
Jay Granites operates in the metals and minerals industry, in the mining and mineral extraction segment.
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