About Kushalbagh Marbles Private Limited
Data last updated:
Kushalbagh Marbles Private Limited is a private limited company based in Banswara, Rajasthan, India. It operates in the sanitaryware and tile segment of the manufacturing sector. It was incorporated on 11 July 1985 and has been in existence for over 41 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U14101RJ1985PTC003349. Its GSTIN is 08AAACK6310L1ZK (Rajasthan).
The company has an authorised share capital of ₹2.35 Cr and a paid-up capital of ₹1.09 Cr. It is led by directors Vishamber Agrawal and Deepak Agrawal.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at G – 76 – 78 – 85 – 89 Road No.5 RIICO Industrial Area Dahod Road, Banswara, Rajasthan, India – 327001.
As per the financials filed for FY 2023, the company reported a revenue of ₹18.97 Cr, a decline of 31% compared to the previous year. For the same year it recorded a net profit of ₹26.72 Lakh (net margin 1.4%) and EBITDA of ₹1.24 Cr (EBITDA margin 6.5%). Revenue has declined at a compounded annual rate (CAGR) of 10% over three years and 12% over five years.
The company is associated with 1 brand: Kushalbagh Marbles. As per MCA filings, the company has open charges of ₹52.1 Cr and satisfied charges of ₹59.18 Cr on record. Court records list 5 cases involving the company, including 3 filed by the company and 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website marbleindian.com.
Company details
Contact details
Kushalbagh Marbles Private Limited's registered office is in Banswara, Rajasthan. Its website is marbleindian.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressG – 76 – 78 – 85 – 89 Road No.5 RIICO Industrial Area Dahod Road, Banswara, Rajasthan, India – 327001
- IndustryManufacturing, Sanitaryware & Tile, Ceramics
To see the full contact details of Kushalbagh Marbles 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
Brands
Kushalbagh Marbles operates one associated brand: Kushalbagh Marbles. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Marble manufacturing and supply operations in India. | marbleindian.com |
Financials of Kushalbagh Marbles Private Limited
FY 2025 filings availableKushalbagh Marbles Private Limited reported revenue of ₹18.97 Cr (down 31% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 12% over five years, including a 31% fall in the latest year. EBITDA rose 19% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹18.97 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.24 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹26.72 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Fixed Assets | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.5% | ||||
| Net Profit Margin | 1.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Current Ratio | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Kushalbagh Marbles Private Limited, buy the company report.
Board of directors of Kushalbagh Marbles Private Limited
Kushalbagh Marbles has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vishamber Agrawal Also directs: Welfia Solutions LLP, Geetankar Hospitality LLP | Director | 14 Nov 2024 | 2 Years 0 Months | Current |
| Deepak Agrawal Also directs: Geetankar Hospitality LLP | Director | 26 Nov 2024 | 1 Years 11 Months | Current |
Auditor
Kushalbagh Marbles Private Limited is audited by ANJANI RAKESH AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ANJANI RAKESH AND ASSOCIATES | FY 2023 | 003967C |
Shareholding
The shareholding of Kushalbagh Marbles 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Kushalbagh Marbles Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Oct 2025 | 101178088 | Others | ₹76.85 Lakh | Open | |
| 29 Mar 2025 | 101084045 | Others | ₹47.5 Cr | Open | |
| 10 Sep 2024 | 100994866 | Hdfc Bank Limited | ₹29 Lakh | Open | |
| 07 Nov 2023 | 100836045 | Hdfc Bank Limited | ₹20.86 Lakh | Open | |
| 16 Aug 2023 | 100793787 | Hdfc Bank Limited | ₹40 Lakh | Open |
To see the full charge records of Kushalbagh Marbles Private Limited, buy the company report.
Total charge records: 27 View all charges
Legal cases
Kushalbagh Marbles Private Limited has 5 court cases on record: 3 filed by Kushalbagh Marbles, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 0 |
| District courts | 1 | 1 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Government of Gujarat | Disposed |
| High Court | Writ petition | Filed by the company against State of Raj. and Ors. | Disposed |
| High Court of Rajasthan | Interim or miscellaneous application | Filed by the company against State of Raj. and Ors. | Disposed |
| Supreme Court | Appeal | Filed against the company by Commr. of Income Tax | Disposed |
| High Court | Writ petition | Filed by the company against an individual | Disposed |
To see the full case history of Kushalbagh Marbles 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.
Credit ratings & regulatory alerts
Kushalbagh Marbles Private Limited was last rated by Care on 30 Sep 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 30 Sep 2021 |
To see the full credit ratings and regulatory alerts of Kushalbagh Marbles Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Kushalbagh Marbles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Kushalbagh Marbles has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAACK6310L1ZK | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Kushalbagh Marbles Private Limited, buy the company report.
Recent activity
Kushalbagh Marbles Private Limited has 8 board changes on record since 2007: 2 appointments and 6 cessations. The latest: Deepak Agrawal was appointed as Director on 26 Nov 2024.
48 earlier events are in the company report.
Frequently asked questions
Kushalbagh Marbles is an active private limited company based in Banswara, Rajasthan, India. The company works in sanitaryware and tile, within the manufacturing industry. It was incorporated on 11 July 1985 (41+ years old) and is registered under CIN U14101RJ1985PTC003349.
Kushalbagh Marbles has 2 current directors:
- Vishamber Agrawal - Director
- Deepak Agrawal - Director
The latest financial statements of Kushalbagh Marbles on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Kushalbagh Marbles is 08AAACK6310L1ZK, registered in Rajasthan.
The CIN (Corporate Identification Number) of Kushalbagh Marbles is U14101RJ1985PTC003349. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kushalbagh Marbles has 5 court cases on record: 3 filed by the company and 2 filed against it. Most are in the high courts.
Kushalbagh Marbles was incorporated on 11 July 1985, making it 41+ years old. It is registered with the Registrar of Companies, Jaipur.
Deepak Agrawal was appointed as Director on 26 Nov 2024. Vishamber Agrawal was appointed as Director on 14 Nov 2024. Anuj Agrawal ceased to be Director on 03 Jun 2020. Kushalbagh Marbles has 8 board changes on record in total.
Kushalbagh Marbles can be reached through the website marbleindian.com. Its registered office is in Banswara, Rajasthan, India.
The registered office of Kushalbagh Marbles is at G – 76 – 78 – 85 – 89 Road No.5 RIICO Industrial Area Dahod Road, Banswara, Rajasthan, India – 327001.
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