Kanade Granite Pvt Ltd - metals and minerals in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U18101MH2004PTC071246 Incorporated 30 September 2004 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company metals and minerals
Data last updated
Revenue · FY 2019
₹1.83 Cr
▼ 5% YoY
Net loss · FY 2019
₹71.5 Lakh
Net margin -39%
EBITDA · FY 2019
-₹44.11 Lakh
EBITDA margin -24.1%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹24.57 Lakh
Issued & subscribed
Open charges
₹3.75 Cr
Satisfied ₹13.53 Cr
Company age
22 yrs
Est. 2004
Directors on board
4
As per MCA filings

About Kanade Granite Pvt Ltd

Data last updated:

Kanade Granite Pvt Ltd is a private limited company based in Mumbai, Maharashtra, India. It operates in the construction materials distribution segment of the metals and mining sector. It was incorporated on 30 September 2004 and has been in existence for over 22 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U18101MH2004PTC071246. The company has 1 GST registration on record, which is no longer active.

The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹24.57 Lakh. It is led by directors including Rekha Sunil Kanade and Kajal Anand Kanade.

Its last annual general meeting (AGM) was held on 29 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Mumbai, Maharashtra.

As per the financials filed for FY 2019, the company reported a revenue of ₹1.83 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net loss of ₹71.5 Lakh (net margin -39%) and EBITDA of -₹44.11 Lakh (EBITDA margin -24.1%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years.

As per MCA filings, the company has open charges of ₹3.75 Cr and satisfied charges of ₹13.53 Cr on record. Court records list 4 cases involving the company, including 1 filed against it; 1 case is pending.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kanadeanandudyog.com.

Company Details of Kanade Granite Pvt Ltd
CIN U18101MH2004PTC071246
Registration Number 071246
Incorporation Date 30 September 2004
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2019
Date of Balance Sheet 31 March 2019
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
    Locked
  • Registered Address
    314 C Jumbo Darshan Chs Ltd., Koldongri Lane No. 2 Sahar Road Andheri East, Mumbai, Maharashtra, India – 400069
  • Industry
    Metals and Minerals, Construction Materials Retail & Distribution
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Financials, compliance, directors, charges, ownership and filings for Kanade Granite Pvt Ltd in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Kanade Granite Pvt Ltd

The main business activity of Kanade Granite is trade. In detail, this covers retail trading.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
GTradeG2Retail TradingLocked
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Turnover share and past changes in activity are in the company report.

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Financials of Kanade Granite Pvt Ltd FY 2019 filings available

Kanade Granite Pvt Ltd reported revenue of ₹1.83 Cr (down 5% YoY) for FY 2019.

Revenue · FY 2019
₹1.83 Cr ▼ 5%
Net loss · FY 2019
₹71.5 Lakh margin -39%
EBITDA · FY 2019
-₹44.11 Lakh margin -24.1%

Compounded Annual Growth Rate (CAGR) of Kanade Granite Pvt Ltd

Revenue CAGR growth
1 year
▼ 5%
3 years · compounded
▼ 1%
EBITDA CAGR growth
1 year
▼ 37%
3 years · compounded
▼ 37%

Revenue has declined at a compounded annual rate (CAGR) of 1% over three years, including a 5% fall in the latest year. EBITDA fell 37% 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 Kanade Granite Pvt Ltd

MetricsFY 2018-19FY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profit and Loss Statement
Revenue from Operations••••••••••••••••••••
Other Income••••••••••••••••••••
Total Revenue₹1.83 Cr••••••••••••••••
Cost of Materials Consumed••••••••••••••••••••
Employee Benefit Expense••••••••••••••••••••
Finance Costs••••••••••••••••••••
Depreciation and Amortisation••••••••••••••••••••
Other Expenses••••••••••••••••••••
Total Expenses••••••••••••••••••••
EBITDA-₹44.11 Lakh••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)-₹71.5 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 Kanade Granite Pvt Ltd

MetricsFY 2018-19FY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profitability
EBITDA Margin-24.1%••••••••••••••••
Net Profit Margin-39%••••••••••••••••
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 Kanade Granite are in the company report.

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Peer Comparison of Kanade Granite Pvt Ltd

Kanade Granite Pvt Ltd is compared with the companies closest to it by revenue in the Metals and Minerals industry (Construction Materials Retail and Distribution). Revenue, net profit, margin and growth of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Siddarth Shivam Tradewings Private Limited••••••••••••••••-Patna, Bihar, India
Saai Imperial Infra Private Limited••••••••••••••••-Hyderabad, Telangana, India
Sumarrow Impex LLP••••••••••••••••-Morbi, Gujarat, India
Maa Tarini Metals Private Limited••••••••••••••••-Koira, Orissa, India
Siddhi Data Pipes Private Limited••••••••••••••••-Indore, Madhya Pradesh, India
Kanade Granite Pvt Ltd this company••••••••••••••••-Mumbai, Maharashtra, India
Stone Tech Services Private Limited••••••••••••••••-Secunderabad, Telangana, India
Xthetic Infrastructure Private Limited••••••••••••••••-Noida, Uttar Pradesh, India
Todi Minerals Private Limited••••••••••••••••-Purulia, West Bengal, India
Jaipur Tiles Private Limited••••••••••••••••-Jaipur, Rajasthan, India
Velmeena Green Solutions Private Limited••••••••••••••••-Sivakasi, Tamil Nadu, India

Peers are the five companies nearest above and the five nearest below Kanade Granite by revenue in the Metals and Minerals industry (Construction Materials Retail and Distribution), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.

Auditor Details of Kanade Granite Pvt Ltd

Kanade Granite Pvt Ltd is audited by BHUWANIA & AGRAWAL ASSOCIATES for the financial year 2019.

NameStatusAppointment DateCessation Date
BHUWANIA & AGRAWAL ASSOCIATESLockedLockedLocked
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Board of Directors of Kanade Granite Pvt Ltd

Kanade Granite has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Rekha Sunil KanadeDirector05 Sep 201214 Years 1 MonthsCurrent
Dinanath Bhikaji KanadeAdditional Director26 Apr 20224 Years 5 MonthsCurrent
Jayant Dinanath KanadeAdditional Director09 Jul 20224 Years 2 MonthsCurrent
Kajal Anand KanadeDirector19 Apr 20215 Years 5 MonthsCurrent

Ownership and Shareholding of Kanade Granite Pvt Ltd

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Charges & Borrowings of Kanade Granite Pvt Ltd

Open charges
₹3.75 Cr
Satisfied charges
₹13.53 Cr
Breakdown by lending institutions
Oriental Bank of Commerce₹3.75 Cr
Latest charge details
DateLenderAmountStatus
26 Nov 2012Oriental Bank of Commerce₹1.75 CrOpen
26 Nov 2012Oriental Bank of Commerce₹2 CrOpen
24 Mar 2009Union Bank of India₹3.84 CrSatisfied
04 Dec 2008Union Bank of India₹3.08 CrSatisfied
31 Oct 2008Union Bank of India₹1.5 CrSatisfied

Total charge records: 8 View all charges

Employees and EPFO Compliance at Kanade Granite Pvt Ltd

Employment history and EPFO contributions of people linked to Kanade Granite.

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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 Kanade Granite Pvt Ltd

Kanade Granite Pvt Ltd has 6 board changes on record since 2004: 5 appointments and 1 cessation. The latest: Jayant Dinanath Kanade was appointed as Additional Director on 09 Jul 2022.

Appointed
Jayant Dinanath Kanade was appointed as Additional Director.
Appointed
Dinanath Bhikaji Kanade was appointed as Additional Director.
Appointed
Kajal Anand Kanade was appointed as Director.
AGM
Kanade Granite Pvt Ltd last Annual general meeting of members was held on 29 Sep 2019 as per latest MCA records.
Filing
Kanade Granite Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Mumbai I.
Charges
A charge with Oriental Bank Of Commerce amounted to Rs. 175.00 Lakh with Charge ID 10396408 was registered on 26 Nov 2012.
Charges
A charge with Oriental Bank Of Commerce amounted to Rs. 200.00 Lakh with Charge ID 10396410 was registered on 26 Nov 2012.
Charges
A charge registered on 24 Mar 2009 via Charge ID 10197823 with Union Bank Of India was fully satisfied on 17 Nov 2012.
Charges
A charge registered on 04 Dec 2008 via Charge ID 10135866 with Union Bank Of India was fully satisfied on 17 Nov 2012.
Charges
A charge registered on 31 Oct 2008 via Charge ID 10131285 with Union Bank Of India was fully satisfied on 17 Nov 2012.
Charges
A charge registered on 05 Mar 2007 via Charge ID 10041682 with Union Bank Of India was fully satisfied on 17 Nov 2012.
Charges
A charge registered on 13 Dec 2001 via Charge ID 90155310 with Union Bank Of India was fully satisfied on 17 Nov 2012.

13 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Kanade Granite Pvt Ltd

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MSME Payment Delays by Kanade Granite Pvt Ltd

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Subsidiaries & Group Companies of Kanade Granite Pvt Ltd

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GST Compliance of Kanade Granite Pvt Ltd

Kanade Granite has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1
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MCA Filings & Documents of Kanade Granite Pvt Ltd

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Frequently Asked Questions about Kanade Granite Pvt Ltd

Kanade Granite is an active private limited company based in Mumbai, Maharashtra, India. The company works in construction materials retail and distribution, within the metals and minerals industry. It was incorporated on 30 September 2004 (22+ years old) and is registered under CIN U18101MH2004PTC071246.

Kanade Granite reported revenue of ₹1.83 Cr for FY 2019 (down 5% YoY).

Kanade Granite has 4 current directors:

Kanade Granite reported a net loss of ₹71.5 Lakh (net margin -39%) and EBITDA of -₹44.11 Lakh (EBITDA margin -24.1%) for FY 2019, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Kanade Granite is -1% over three years. In the latest year (FY 2019) revenue fell 5%. CAGR is the steady yearly rate that links the first and the last year.

No. Kanade Granite has 1 GST registration on record and it is cancelled or inactive.

The CIN (Corporate Identification Number) of Kanade Granite is U18101MH2004PTC071246. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Kanade Granite has 4 court cases on record: 1 filed against it. 1 is pending.

Kanade Granite was incorporated on 30 September 2004, making it 22+ years old. It is registered with the Registrar of Companies, Mumbai.

The peers of Kanade Granite by revenue are Siddarth Shivam Tradewings Private Limited, Saai Imperial Infra Private Limited, Sumarrow Impex LLP, Maa Tarini Metals Private Limited, Siddhi Data Pipes Private Limited and 5 more, all in the Metals and Minerals industry (Construction Materials Retail and Distribution).

Jayant Dinanath Kanade was appointed as Additional Director on 09 Jul 2022. Dinanath Bhikaji Kanade was appointed as Additional Director on 26 Apr 2022. Kajal Anand Kanade was appointed as Director on 19 Apr 2021. Kanade Granite has 6 board changes on record in total.

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