Marvel Granites Private Limited
About Marvel Granites Private Limited
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Marvel Granites Private Limited is a private limited company based in Jaipur, Rajasthan, India. It operates in the sanitaryware and tile segment of the manufacturing sector. It was incorporated on 27 October 1987 and has been in existence for over 39 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U14102RJ1987PTC004145. Its GSTIN is 08AABCM4989Q1ZI (Rajasthan).
The company has an authorised share capital of ₹45 Lakh and a paid-up capital of ₹44.58 Lakh. It is led by directors Archana Agarwal and Vijay Gupta.
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 Flat No. 404 4th Floor Ambition Tower Agrasen Circle C – Scheme, Jaipur, Rajasthan, India – 302001.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.03 Cr, a decline of 57% compared to the previous year. For the same year it recorded a net loss of ₹21.48 Lakh (net margin -5.3%) and EBITDA of ₹42.57 Lakh (EBITDA margin 10.6%). Revenue has declined at a compounded annual rate (CAGR) of 19% over three years and 10% over five years.
The company has about 37 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹9.87 Cr and satisfied charges of ₹12.33 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Marvel Granites Private Limited's registered office is in Jaipur, Rajasthan. Its e-mail address is in the company report.
- Email
- Registered AddressFlat No. 404 4th Floor Ambition Tower Agrasen Circle C – Scheme, Jaipur, Rajasthan, India – 302001
- IndustryManufacturing, Sanitaryware & Tile, Ceramics
To see the full contact details of Marvel 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 Marvel Granites is mining and quarrying. In detail, this covers other mining & quarrying activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| B | Mining and quarrying | B4 | Other Mining & Quarrying Activities |
To see the full business activity and turnover split of Marvel Granites Private Limited, buy the company report.
Financials of Marvel Granites Private Limited
FY 2025 filings availableMarvel Granites Private Limited reported revenue of ₹4.03 Cr (down 57% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 10% over five years, including a 57% fall in the latest year. EBITDA fell 58% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹42.57 Lakh | ||||
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| Net Profit (PAT) | -₹21.48 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 10.6% | ||||
| Net Profit Margin | -5.3% | ||||
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To see the full financial statements and ratios of Marvel Granites Private Limited, buy the company report.
Board of directors of Marvel Granites Private Limited
Marvel Granites has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Archana Agarwal | Director | 16 Jun 2015 | 11 Years 4 Months | Current |
| Vijay Gupta | Director | 31 Oct 2005 | 20 Years 11 Months | Current |
Peer comparison
Marvel Granites Private Limited is compared with the 4 companies closest to it by revenue in the Metals and Minerals industry (Ceramics, Sanitaryware and Tiles, Mining), with the same principal business activity (other mining & quarrying activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ab Srinidhi Minerals India Private Limited | ₹4.04 Cr (FY 2019) | 330.0% | Bengaluru, Karnataka, India | |||
| Marvel Granites Private Limitedthis company | ₹4.03 Cr (FY 2024) | -₹21.48 Lakh | -5.3% | -57.0% | 37 | Jaipur, Rajasthan, India |
| Sarveshwar Exports (India) Private Limited | ₹4.03 Cr (FY 2025) | -3.0% | Kishangrah, Rajasthan, India | |||
| Ganpati Sangemarmar Pvt. Ltd | ₹4.02 Cr (FY 2024) | 2.0% | Madanganj Kishangarh, Rajasthan, India | |||
| Hilton Granite Private Limited | ₹4.02 Cr (FY 2025) | -8.0% | Kishangarh, Rajasthan, India |
To see the full peer comparison of Marvel Granites Private Limited, buy the company report.
Auditor
Marvel Granites Private Limited is audited by A BAFNA & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A BAFNA & CO | FY 2023 | 003660C |
Shareholding
The shareholding of Marvel Granites Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
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| Others |
To see the full shareholding pattern of Marvel Granites Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Apr 2012 | 10349739 | Hdfc Bank Limited | ₹9.87 Cr | Satisfied | |
| 01 Oct 2005 | 90113644 | State Bank of India | ₹1.44 Cr | Satisfied | |
| 19 Oct 2002 | 90075220 | State Bank of India | ₹40 Lakh | Satisfied | |
| 07 Sep 1993 | 90072602 | The Bank of Rajasthan | ₹3 Lakh | Satisfied | |
| 20 Apr 1991 | 90072469 | The Bank of Rajasthan Ltd. | ₹4 Lakh | Satisfied |
To see the full charge records of Marvel Granites Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
No court or tribunal cases involving Marvel Granites Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Marvel Granites Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Marvel Granites Private Limited has a workforce of 37 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
GST
Marvel Granites has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AABCM4989Q1ZI | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Marvel Granites Private Limited, buy the company report.
Recent activity
Marvel Granites Private Limited has 4 board changes on record since 2005: 3 appointments and 1 cessation. The latest: Shanta Devi Agarwal ceased to be Director on 03 May 2019.
14 earlier events are in the company report.
Frequently asked questions
Marvel Granites is an active private limited company based in Jaipur, Rajasthan, India. The company works in sanitaryware and tile, within the manufacturing industry. It was incorporated on 27 October 1987 (39+ years old) and is registered under CIN U14102RJ1987PTC004145.
Marvel Granites has 2 current directors:
- Archana Agarwal - Director
- Vijay Gupta - Director
The latest financial statements of Marvel 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 Marvel Granites is 08AABCM4989Q1ZI, registered in Rajasthan.
The CIN (Corporate Identification Number) of Marvel Granites is U14102RJ1987PTC004145. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Marvel Granites was incorporated on 27 October 1987, making it 39+ years old. It is registered with the Registrar of Companies, Jaipur.
The peers of Marvel Granites by revenue are Ab Srinidhi Minerals India Private Limited, Sarveshwar Exports (India) Private Limited, Ganpati Sangemarmar Pvt. Ltd, Hilton Granite Private Limited, all in the Metals and Minerals industry (Ceramics, Sanitaryware and Tiles, Mining), with the same principal business activity (other mining & quarrying activities).
Shanta Devi Agarwal ceased to be Director on 03 May 2019. Archana Agarwal was appointed as Director on 16 Jun 2015. Shanta Devi Agarwal was appointed as Director on 31 Oct 2005. Marvel Granites has 4 board changes on record in total.
The registered office of Marvel Granites is at Flat No. 404 4th Floor Ambition Tower Agrasen Circle C – Scheme, Jaipur, Rajasthan, India – 302001.
Marvel Granites operates in the manufacturing industry, in the sanitaryware and tile segment.
Marvel Granites has open charges of ₹9.87 Cr and satisfied charges of ₹12.33 Cr as per latest MCA filings.