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 3 cases involving the company, including 2 filed by the company and 1 filed against it. 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. 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.
Company details
CIN history
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 |
Contact details
M B Granites Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- 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
To see the full contact details of M B Granites 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
Business activity
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 | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of M B Granites Private Limited, buy the company report.
Financials of M B Granites Private Limited
FY 2025 filings availableM B Granites Private Limited reported revenue of ₹26.97 Cr (down 17% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹2.83 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹41.35 Lakh | ||||
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Financial Ratios
| 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) | |||||
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To see the full financial statements and ratios of M B Granites Private Limited, buy the company report.
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 |
Auditor
M B Granites Private Limited is audited by PITALIYA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PITALIYA & ASSOCIATES | FY 2023 | 043441 |
Shareholding
The shareholding of M B Granites 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 M B Granites Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Jun 2013 | 10441741 | Others | ₹14.78 Cr | Open | |
| 10 Jul 2012 | 10366926 | Hdfc Bank Limited | ₹2.5 Cr | Open | |
| 09 Jul 2012 | 10365618 | Hdfc Bank Limited | ₹2.5 Cr | Open | |
| 29 Mar 2006 | 10466816 | The Bank of Rajasthan Limited | ₹1.15 Cr | Open | |
| 02 Mar 2010 | 10218316 | Hdfc Bank Limited | ₹1 Cr | Satisfied |
To see the full charge records of M B Granites Private Limited, buy the company report.
Total charge records: 8 View all charges
Deals & funding
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 |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
M B Granites Private Limited has 3 court cases on record: 2 filed by M B Granites, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Appeal | Filed against the company by an individual | Disposed |
| High Court, TAMIL NADU | Writ petition | Filed by the company against The State of Tamilnadu Rep.By and 1 other | Disposed |
| High Court, TAMIL NADU | Court case (WPMP) | Filed by the company against The State of Tamilnadu Rep.By and 1 other | Disposed |
To see the full case history of M B Granites 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.
MSME payment delays
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 |
To see the full MSME payment records of M B Granites Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
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 |
To see the full GST registrations and return filing status of M B Granites Private Limited, buy the company report.
Recent activity
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 in the company report.
Frequently asked questions
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 has 5 current directors:
- Richa Somani - Director
- Ashish Somani - Director
- Surajbhan Somani - Director
- Sharda Somani - Director
- Priyanka Somani - Director
The latest financial statements of M B Granites 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 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 3 court cases on record: 2 filed by the company and 1 filed against it.
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.
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.
M B Granites 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 latest return was filed on 01 Jun 2019.
The registered office of M B Granites is at Plot No.32 Jigani Indl.Area I Phase Sy.No.124 – P &130 – P Jigani Villege Jigani Hobli An, Ekal Taluk, Bangalore, Karnataka, India – 562106.