M B Granites Private Limited
About M B Granites Private Limited
Data last updated:
M B Granites Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the sanitaryware and tile segment of the manufacturing sector. It was incorporated on 06 July 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U14102KA1990PTC073799. Its GSTIN is 29AABCM4231H1ZM (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹45.31 Lakh. It is led by directors including Richa Somani and Ashish Somani.
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 Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹26.97 Cr, a decline of 17% compared to the previous year. For the same year it recorded a net profit of ₹41.35 Lakh (net margin 1.5%) and EBITDA of ₹2.83 Cr (EBITDA margin 10.5%). Revenue has declined at a compounded annual rate (CAGR) of 11% over three years.
As per MCA filings, the company has open charges of ₹20.93 Cr and satisfied charges of ₹2.76 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company. The company has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹1.27 Cr; the latest was in March 2019. Its 10 peer companies in the Manufacturing industry (Ceramics, Sanitaryware and Tiles) are compared by revenue, 5 larger and 5 smaller; the largest is Snowstone Microns Private Limited with revenue of ₹27.21 Cr. The company has 1 MSME Form 1 return on record for the period ending Sep 2018, listing 9 overdue payments to 9 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies.
CIN History of M B Granites Private Limited
M B Granites has one previous CIN (Corporate Identification Number): U14102TZ1990PTC002789. The current CIN is U14102KA1990PTC073799, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U14102KA1990PTC073799 | Current |
| U14102TZ1990PTC002789 | Previous |
- EmailLocked
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- WebsiteLocked
- Social MediaLocked
- Registered AddressPlot No.32 Jigani Indl.Area I Phase Sy.No.124 – P &130 – P Jigani Villege Jigani Hobli An, Ekal Taluk, Bangalore, Karnataka, India – 562106
- IndustryManufacturing, Sanitaryware & Tile, Ceramics
- 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
- One PDF report, delivered after checkout
Business Activity of M B Granites Private Limited
The main business activity of M B Granites is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of M B Granites Private Limited FY 2025 filings available
M B Granites Private Limited reported revenue of ₹26.97 Cr (down 17% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of M B Granites Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 11% over three years, including a 17% fall in the latest year. EBITDA fell 9% 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 M B Granites Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹2.83 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹41.35 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 M B Granites Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.5% | •••• | •••• | •••• | •••• |
| 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 M B Granites are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of M B Granites Private Limited
M B Granites has 5 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Richa Somani Also directs: Skizoo Entertainment LLP | Director | 08 Jan 2013 | 13 Years 9 Months | Current |
| Ashish Somani Also directs: SKL Retail LLP, Skizoo Entertainment LLP | Director | 16 Sep 2002 | 24 Years 1 Months | Current |
| Surajbhan Somani | Director | 20 Jan 2001 | 25 Years 9 Months | Current |
| Sharda Somani | Director | 16 Sep 2002 | 24 Years 1 Months | Current |
| Priyanka Somani | Director | 20 Dec 2004 | 21 Years 10 Months | Current |
Peer Comparison of M B Granites Private Limited
M B Granites Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Ceramics, Sanitaryware and Tiles). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Snowstone Microns Private Limited | ₹27.21 Cr (FY 2025) | •••• | •••• | 38.0% | •••• | Morbi, Gujarat, India |
| Millennium Cera Tiles Private Limited | ₹27.2 Cr (FY 2025) | •••• | •••• | 73.0% | •••• | Morbi, Gujarat, India |
| Stoneworld Direct Exports Private Limited | ₹27.09 Cr (FY 2024) | •••• | •••• | -15.0% | •••• | Bangalore, Karnataka, India |
| JBB Stones India Private Limited | ₹27.08 Cr (FY 2025) | •••• | •••• | 168.0% | •••• | Jaipur, Rajasthan, India |
| Delfina Ceramic Private Limited | ₹27.07 Cr (FY 2025) | •••• | •••• | -34.0% | •••• | Ghuntu, Gujarat, India |
| M B Granites Private Limited this company | ₹26.97 Cr (FY 2025) | •••• | •••• | -17.0% | •••• | Bangalore, Karnataka, India |
| Cibela Ceramic Private Limited | ₹26.94 Cr (FY 2024) | •••• | •••• | -3.0% | •••• | Wankaner, Gujarat, India |
| Tapco Buildware India Private Limited | ₹26.73 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | Thrissur, Kerala, India |
| Rajasthan Digital Tiles Private Limited | ₹26.6 Cr (FY 2025) | •••• | •••• | -29.0% | •••• | Sri Madhopur, Rajasthan, India |
| Bristile Overseas Private Limited | ₹26.51 Cr (FY 2025) | •••• | •••• | -50.0% | •••• | Kanpur, Uttar Pradesh, India |
| S.V.G. Granites Private Limited | ₹26.51 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Secunderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below M B Granites by revenue in the Manufacturing industry (Ceramics, Sanitaryware and Tiles), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of M B Granites Private Limited
M B Granites Private Limited is audited by PITALIYA & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PITALIYA & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of M B Granites Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of M B Granites Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Jun 2013 | Others | ₹14.78 Cr | Open |
| 10 Jul 2012 | Hdfc Bank Limited | ₹2.5 Cr | Open |
| 09 Jul 2012 | Hdfc Bank Limited | ₹2.5 Cr | Open |
| 29 Mar 2006 | The Bank of Rajasthan Limited | ₹1.15 Cr | Open |
| 02 Mar 2010 | Hdfc Bank Limited | ₹1 Cr | Satisfied |
Total charge records: 8 View all charges
Deals & Funding of M B Granites Private Limited
M B Granites Private Limited has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹1.27 Cr; the latest was in March 2019.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 4 individuals |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Lainder Distributors Private Limited, Bandana Paper Private Limited, 2 individuals |
| Mar 2013 | Funding round | ₹1.27 Cr | Investors: Tapovan Dealers Private Limited, Devange Commerical Private Limited, Adopt Devlopers Private Limited |
Full deal history
All 3 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of M B Granites Private Limited
M B Granites Private Limited has 2 court cases on record: 2 filed by M B Granites. All cases are disposed. Status as checked on 30 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Court case (WPMP) | Filed by the company against State of Tamilnadu | Disposed |
| Madras High Court | Writ petition | Filed by the company against State of Tamilnadu | Disposed |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by M B Granites Private Limited
M B Granites Private Limited has 1 MSME Form 1 return on record for the period ending Sep 2018, listing 9 overdue payments to 9 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 9)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Master Levi Services (India) Private Limited | •••• | •••• | •••• |
| Stay Sharp Diamond Tools Pvt Ltd | •••• | •••• | •••• |
| Diabricks Engineering Pvt Ltd | •••• | •••• | •••• |
| Abrasive Technologies Private Limited | •••• | •••• | •••• |
| Maheshwari Rocks (India) Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 1 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at M B Granites Private Limited
Employment history and EPFO contributions of people linked to M B Granites.
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
Verified entity values are shown only after access is granted.
Recent Activity on M B Granites Private Limited
M B Granites Private Limited has 6 board changes on record since 2001: 5 appointments and 1 cessation. The latest: Kothari Pankaj ceased to be Director on 04 Jun 2024.
11 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for M B Granites Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of M B Granites Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of M B Granites Private Limited
M B Granites has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCM4231H1ZM | Karnataka | Active | 01 Jul 2017 |
| 33AABCM4231H1ZX | Tamil Nadu | Active | 18 Oct 2023 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of M B Granites Private Limited
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
Verified entity values are shown only after access is granted.
Frequently Asked Questions about M B Granites Private Limited
M B Granites is an active private limited company based in Bangalore, Karnataka, India. The company works in sanitaryware and tile, within the manufacturing industry. It was incorporated on 06 July 1990 (36+ years old) and is registered under CIN U14102KA1990PTC073799.
M B Granites reported revenue of ₹26.97 Cr for FY 2025 (down 17% YoY).
M B Granites has 5 current directors:
- Richa Somani - Director
- Ashish Somani - Director
- Surajbhan Somani - Director
- Sharda Somani - Director
- Priyanka Somani - Director
M B Granites reported a net profit of ₹41.35 Lakh (net margin 1.5%) and EBITDA of ₹2.83 Cr (EBITDA margin 10.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of M B Granites is -11% over three years. In the latest year (FY 2025) revenue fell 17%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of M B Granites is 29AABCM4231H1ZM, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 33AABCM4231H1ZX (Tamil Nadu).
The CIN (Corporate Identification Number) of M B Granites is U14102KA1990PTC073799. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
M B Granites has 2 court cases on record: 2 filed by the company.
M B Granites was incorporated on 06 July 1990, making it 36+ years old. It is registered with the Registrar of Companies, Bangalore.
M B Granites has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹1.27 Cr; the latest was in March 2019.
The peers of M B Granites by revenue are Snowstone Microns Private Limited, Millennium Cera Tiles Private Limited, Stoneworld Direct Exports Private Limited, JBB Stones India Private Limited, Delfina Ceramic Private Limited and 5 more, all in the Manufacturing industry (Ceramics, Sanitaryware and Tiles).
Kothari Pankaj ceased to be Director on 04 Jun 2024. Richa Somani was appointed as Director on 08 Jan 2013. Priyanka Somani was appointed as Director on 20 Dec 2004. M B Granites has 6 board changes on record in total.