Keros Stone LLP - manufacturing in Morbi, Gujarat, India. FY 2026 financials & compliance.
LLPIN AAH-3856 Incorporated 14 September 2016 ROC Ahmedabad HQ Morbi, Gujarat, India
Active Limited Liability Partnership manufacturing
Data last updated
Revenue · FY 2021
₹48.91 Cr
▲ 5% YoY
Net profit · FY 2021
₹1.38 Cr
Net margin 2.8%
EBITDA · FY 2021
₹50.11 Cr
EBITDA margin 102.5%
Contribution obligation
₹4 Cr
As per LLP agreement
Open charges
₹29.73 Cr
Satisfied ₹10.17 Cr
LLP age
10 yrs
Est. 2016
Employees · EPFO
18
Provident fund records
Designated partners
3
As per MCA filings

About Keros Stone LLP

Data last updated:

Keros Stone LLP is a limited liability partnership (LLP) based in Morbi, Gujarat, India. It operates in the ceramics, sanitaryware and tile segment of the manufacturing sector. It was incorporated on 14 September 2016 and has been in existence for over 10 years.

The LLP is registered with the Registrar of Companies (ROC), Ahmedabad, under LLPIN AAH-3856. Its GSTIN is 24AAQFK9507J1ZV (Gujarat).

The LLP has a total obligation of contribution of ₹4 Cr. It is led by designated partners including Sureshbhai Keshavjibhai Charola and Deepak Dhanjibhai Detroja.

Its latest statement of accounts is for the year ended 31 March 2024. The registered office is at Survey No. 616P1 & 616P2 Village: Rangpar Tal&Dist. Morbi, Gujarat, India – 363642.

As per the financials filed for FY 2021, the LLP reported a revenue of ₹48.91 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹1.38 Cr (net margin 2.8%) and EBITDA of ₹50.11 Cr (EBITDA margin 102.5%). Revenue has grown at a compounded annual rate (CAGR) of 283% over three years.

The LLP has about 18 employees on its provident fund (EPFO) records.

As per MCA filings, the LLP has open charges of ₹29.73 Cr and satisfied charges of ₹10.17 Cr on record. Court records list 1 case involving the LLP, including 1 filed against it.

For more details, the LLP can be reached via its website kerosstone.in.

Company Details of Keros Stone LLP
LLPIN AAH-3856
Incorporation Date 14 September 2016
Total Obligation of Contribution ₹4 Cr
ROC Ahmedabad
Company Status Active
Date of Last AGM 31 March 2025
Date of Balance Sheet 31 March 2024
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
  • Registered Address
    Survey No. 616P1 & 616P2 Village: Rangpar Tal&Dist. Morbi, Gujarat, India – 363642
  • Industry
    Manufacturing, Ceramics, Sanitaryware & Tile
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Financials, compliance, directors, charges, ownership and filings for Keros Stone LLP in one report.

Financials from FY 2017 Directors & ownership Charges & compliance

Financials of Keros Stone LLP FY 2024 filings available

Keros Stone LLP reported revenue of ₹48.91 Cr (up 5% YoY) for FY 2021.

Revenue · FY 2021
₹48.91 Cr ▲ 5%
Net profit · FY 2021
₹1.38 Cr margin 2.8%
EBITDA · FY 2021
₹50.11 Cr margin 102.5%

Compounded Annual Growth Rate (CAGR) of Keros Stone LLP

Revenue CAGR growth
1 year
▲ 5%
3 years · compounded
▲ 283%
EBITDA CAGR growth
1 year
▲ 6%
3 years · compounded
▲ 227%

Revenue has grown at a compounded annual rate (CAGR) of 283% over three years, including 5% growth in the latest year. EBITDA rose 6% 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 Keros Stone LLP

Statement of Account and SolvencyFY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
Income and Expenditure
Turnover••••••••••••••••••••
Other Income••••••••••••••••••••
Total Income₹48.91 Cr••••••••••••••••
Purchases and Direct Costs••••••••••••••••••••
Personnel Expenses••••••••••••••••••••
Administrative Expenses••••••••••••••••••••
Interest••••••••••••••••••••
Depreciation••••••••••••••••••••
Total Expenses••••••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax••••••••••••••••••••
Profit After Tax₹1.38 Cr••••••••••••••••
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 of Keros Stone LLP

Statement of Account and SolvencyFY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
Profitability
Net Profit Margin2.8%••••••••••••••••
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••••••••••••••••••••

Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form 8. The full year-wise statements and ratios of Keros Stone are in the company report.

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Financial statements from FY 2017

Earlier years and trend charts are in the company report.

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Auditor Details of Keros Stone LLP

Keros Stone LLP is audited by B B KALARIA AND COMPANY for the financial year 2021.

NameStatusAppointment DateCessation Date
B B KALARIA AND COMPANYLockedLockedLocked
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Complete auditor history

Appointment and cessation dates and past auditor changes are in the company report.

  • Appointment status
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Designated Partners of Keros Stone LLP

Keros Stone has 3 current designated partners and 12 former designated partners. Current designated partners are listed first, with their designation and appointment date.

Current Designated Partners
NameDesignationAppointment DateTenureStatus
Sureshbhai Keshavjibhai CharolaDesignated Partner14 Sep 201610 Years 0 MonthsCurrent
Deepak Dhanjibhai DetrojaDesignated Partner01 Apr 20242 Years 6 MonthsCurrent
Kailash Kanjibhai DesaiDesignated Partner14 Sep 201610 Years 0 MonthsCurrent

Ownership and Shareholding of Keros Stone LLP

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Shareholding and ownership data

Promoter, institutional, public and beneficial ownership figures are in the company report.

  • Ownership categories
  • Historical changes
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Charges & Borrowings of Keros Stone LLP

Open charges
₹29.73 Cr
Satisfied charges
₹10.17 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹20.05 Cr
Icici Bank Limited₹9.68 Cr
Latest charge details
DateLenderAmountStatus
21 May 2024Icici Bank Limited₹8 CrOpen
21 May 2024Icici Bank Limited₹1.68 CrOpen
19 Mar 2021Hdfc Bank Limited₹9.95 CrOpen
12 Oct 2020Hdfc Bank Limited₹10.1 CrOpen
18 Apr 2017Saurashtra Gramin Bank₹10.17 CrSatisfied

Total charge records: 5 View all charges

Employees and EPFO Compliance at Keros Stone LLP

Keros Stone LLP has a workforce of 17 employees as of Apr 06, 2024.

Employee count
17
Active EPFO establishments
1
Employee growth
-5.56%
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Employee and EPFO history

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

  • Monthly headcount
  • PF contributions
  • ECR filing status
  • Establishment history

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Recent Activity on Keros Stone LLP

Keros Stone LLP has 15 designated partner changes on record since 2016: 6 appointments and 9 cessations. The latest: Deepak Dhanjibhai Detroja was appointed as Designated Partner on 01 Apr 2024.

AGM
Keros Stone Llp last Annual general meeting of members was held on 31 Mar 2025 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited of Rs. 10.10 Cr registered on 12 Oct 2020 with Charge ID 100381598 was modified on 15 Jul 2024.
Charges
A charge with Icici Bank Limited amounted to Rs. 8.00 Cr with Charge ID 100929388 was registered on 21 May 2024.
Charges
A charge with Icici Bank Limited amounted to Rs. 1.68 Cr with Charge ID 100929389 was registered on 21 May 2024.
Appointed
Deepak Dhanjibhai Detroja was appointed as Designated Partner.
Ceased
Deepak Dhanjibhai Detroja ceased to be Designated Partner.
Ceased
Kishorkumar Kanjibhai Detroja ceased to be Partner.
Ceased
Rajeshkumar Kanjibhai Detroja ceased to be Partner.
Ceased
Vijaybhai Dhanjibhai Detroja ceased to be Partner.
Filing
Keros Stone Llp has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Ceased
Muneesh Kapoor ceased to be Partner.
Ceased
Sunny Sudhir Malesha ceased to be Partner.

14 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Keros Stone LLP

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Credit ratings, litigation, and regulatory alerts

Credit ratings, court records and regulatory alerts are in the company report.

  • Rating history
  • Court and tribunal cases
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MSME Payment Delays by Keros Stone LLP

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MSME payment history

Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.

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Subsidiaries & Group Companies of Keros Stone LLP

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Corporate group structure

Parent, subsidiary, associate and joint venture records with holdings are in the company report.

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GST Compliance of Keros Stone LLP

Keros Stone has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAQFK9507J1ZVGujaratActive01 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 Keros Stone LLP

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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.

  • Incorporation documents
  • Annual returns and statements
  • Charge filings
  • Complete filing index

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Frequently Asked Questions about Keros Stone LLP

Keros Stone is an active limited liability partnership based in Morbi, Gujarat, India. The LLP works in ceramics, sanitaryware and tile, within the manufacturing industry. It was incorporated on 14 September 2016 (10+ years old) and is registered under LLPIN AAH-3856.

Keros Stone reported revenue of ₹48.91 Cr for FY 2021 (up 5% YoY).

Keros Stone has 3 current designated partners:

Keros Stone reported a net profit of ₹1.38 Cr (net margin 2.8%) and EBITDA of ₹50.11 Cr (EBITDA margin 102.5%) for FY 2021, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Keros Stone is 283% over three years. In the latest year (FY 2021) revenue rose 5%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Keros Stone is 24AAQFK9507J1ZV, registered in Gujarat.

The LLPIN (Limited Liability Partnership Identification Number) of Keros Stone is AAH-3856. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.

Keros Stone has 1 court case on record: 1 filed against it.

Keros Stone was incorporated on 14 September 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Deepak Dhanjibhai Detroja was appointed as Designated Partner on 01 Apr 2024. Deepak Dhanjibhai Detroja ceased to be Designated Partner on 01 Apr 2024. Kishorkumar Kanjibhai Detroja ceased to be Partner on 01 Apr 2024. Keros Stone has 15 designated partner changes on record in total.

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