About Liberty Granites Limited
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Liberty Granites Limited is a public limited company based in Chennai, Tamil Nadu, India, a subsidiary of Maxim Suppliers Private Limited. It operates in the ceramics segment of the manufacturing sector. It was incorporated on 17 April 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U14102TN2007PLC063136. Its GSTIN is 33AABCL7463L1Z9 (Tamil Nadu). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.49 Cr. It is led by directors including Shlok Mittal and Jyoti Mittal.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at New No. 36/3 Old No. 34 North Road West Cit Nagar, Chennai, Tamil Nadu, India – 600035.
As per the financials filed for FY 2021, the company reported a revenue of ₹27,962, a decline of 6% compared to the previous year. For the same year it recorded a net loss of ₹49.55 Lakh and EBITDA of -₹51,000 (EBITDA margin -182.4%). Revenue has declined at a compounded annual rate (CAGR) of 63% over three years and 72% over five years.
As per MCA filings, the company has satisfied charges of ₹80.36 Cr on record. Court records list 7 cases involving the company, including 2 filed by the company and 5 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 libertygranites.com.
Company details
Contact details
Liberty Granites Limited's registered office is in Chennai, Tamil Nadu. Its website is libertygranites.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNew No. 36/3 Old No. 34 North Road West Cit Nagar, Chennai, Tamil Nadu, India – 600035
- IndustryManufacturing, Ceramics, Sanitaryware & Tile
To see the full contact details of Liberty Granites 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 Liberty Granites Limited
FY 2022 filings availableLiberty Granites Limited reported revenue of ₹27,962 (down 6% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 72% over five years, including a 6% fall 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹27,962 | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹51,000 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹49.55 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -182.4% | ||||
| Net Profit Margin | |||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Liberty Granites Limited, buy the company report.
Board of directors of Liberty Granites Limited
Liberty Granites has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shlok Mittal | Additional Director | 25 Mar 2022 | 4 Years 7 Months | Current |
| Jyoti Mittal Also directs: Liberty Marbles & Granites Private Limited | Additional Director | 25 Mar 2022 | 4 Years 7 Months | Current |
| Niraj Omprakash Mittal Also directs: LMG Waterways LLP, Unique Marmochem Private Limited | Additional Director | 25 Jan 2019 | 7 Years 9 Months | Current |
Auditor
Liberty Granites Limited is audited by NENAWATI & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NENAWATI & ASSOCIATES | FY 2021 | 002148C |
Shareholding
The shareholding of Liberty Granites Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Liberty Granites Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Mar 2014 | 10505954 | Others | ₹40.18 Cr | Satisfied | |
| 23 Apr 2011 | 10287928 | Others | ₹40.18 Cr | Satisfied |
To see the full charge records of Liberty Granites Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Liberty Granites Limited has 7 court cases on record: 2 filed by Liberty Granites, 5 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 5 | 0 |
| High courts | 2 | 0 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Execution petition | Filed against the company by Diabu Diamond Tools India Pvt Ltd | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by Diabu Diamond Tools India Pvt.Ltd., | Disposed |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed by the company against The Assistant Commissioner, and 1 other | Disposed |
| High Court, TAMIL NADU | Writ petition | Filed by the company against The Assistant Commissioner, and 1 other | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Filed against the company by Bank of India | Disposed |
To see the full case history of Liberty Granites 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 Liberty Granites Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Liberty Granites Limited has 1 active EPFO establishment as of Apr 08, 2024.
GST
Liberty Granites has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AABCL7463L1Z9 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Liberty Granites Limited, buy the company report.
Recent activity
Liberty Granites Limited has 11 board changes on record since 2015: 3 appointments and 8 cessations. The latest: Jyoti Mittal was appointed as Additional Director on 25 Mar 2022.
8 earlier events are in the company report.
Frequently asked questions
Liberty Granites is an active public limited company based in Chennai, Tamil Nadu, India. The company works in ceramics, within the manufacturing industry. It was incorporated on 17 April 2007 (19+ years old) and is registered under CIN U14102TN2007PLC063136.
Liberty Granites has 3 current directors:
- Shlok Mittal - Additional Director
- Jyoti Mittal - Additional Director
- Niraj Omprakash Mittal - Additional Director
The latest financial statements of Liberty Granites on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Liberty Granites is 33AABCL7463L1Z9, 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 Liberty Granites is U14102TN2007PLC063136. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Liberty Granites has 7 court cases on record: 2 filed by the company and 5 filed against it. Most are in the district courts.
Liberty Granites was incorporated on 17 April 2007, making it 19+ years old. It is registered with the Registrar of Companies, Chennai.
Jyoti Mittal was appointed as Additional Director on 25 Mar 2022. Kishan Singh Rathore ceased to be Director on 25 Mar 2022. Mangi Lal Paliwal ceased to be Director on 25 Mar 2022. Liberty Granites has 11 board changes on record in total.
Liberty Granites can be reached through the website libertygranites.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Liberty Granites is at New No. 363 Old No. 34 North Road West Cit Nagar, Chennai, Tamil Nadu, India – 600035.
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