About Mavanal Granites Pvt Ltd
Data last updated:
Mavanal Granites Pvt Ltd is a private limited company based in Pathanamthitta, Kerala, India. It operates in the construction materials segment of the manufacturing sector. It was incorporated on 17 September 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U14102KL1990PTC005805. Its GSTIN is 32AACCM7643L1ZB (Kerala).
The company has an authorised share capital of ₹1.45 Cr and a paid-up capital of ₹1.35 Cr. It is led by directors including Madhusoodanan Kannimel Narayana Panicker (Managing Director) and Santhosh Kannimel Krishna Pillai.
Its last annual general meeting (AGM) was held on 29 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Sreenikethankalanjoor, Pathanamthitta, Kerala, India – 689694.
As per the financials filed for FY 2024, the company reported a revenue of ₹46.77 Cr, a decline of 18% compared to the previous year. For the same year it recorded a net loss of ₹1.02 Cr (net margin -2.2%) and EBITDA of ₹4.74 Cr (EBITDA margin 10.1%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 1% over five years.
The company has about 22 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
As per MCA filings, the company has open charges of ₹29.36 Cr and satisfied charges of ₹2.13 Cr on record. Court records list 18 cases involving the company, including 16 filed by the company and 1 filed against it; 7 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mavanal.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressSreenikethankalanjoor, Pathanamthitta, Kerala, India – 689694
- IndustryManufacturing, Construction Materials
- 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 Mavanal Granites Pvt Ltd
The main business activity of Mavanal Granites is mining and quarrying. In detail, this covers other mining & quarrying activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| B | Mining and quarrying | B4 | Other Mining & Quarrying 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 Mavanal Granites Pvt Ltd FY 2024 filings available
Mavanal Granites Pvt Ltd reported revenue of ₹46.77 Cr (down 18% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Mavanal Granites Pvt Ltd
Revenue fell 18% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA rose 13% 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 Mavanal Granites Pvt Ltd
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹4.74 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.02 Cr | •••• | •••• | •••• | •••• |
| 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 Mavanal Granites Pvt Ltd
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -2.2% | •••• | •••• | •••• | •••• |
| 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 Mavanal 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.
Peer Comparison of Mavanal Granites Pvt Ltd
Mavanal Granites Pvt Ltd is compared with the companies closest to it by revenue in the Manufacturing industry (Construction Materials). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jaskiran Products Private Limited | ₹47.4 Cr (FY 2025) | •••• | •••• | 116.0% | •••• | Ludhiana, Punjab, India |
| Vaishnodevi Buildcon Private Limited | ₹47.38 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | Siliguri, West Bengal, India |
| Nidhi Granites Limited Listed | ₹47.33 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Mumbai, Maharashtra, India |
| Scoobee Day Garments (India) Limited Listed | ₹47.11 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Aluva, Kerala, India |
| Super Bond Panel India Private Limited | ₹47.04 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Mumbai, Maharashtra, India |
| Mavanal Granites Pvt Ltd this company | ₹46.77 Cr (FY 2024) | •••• | •••• | -18.0% | •••• | Pathanamthitta, Kerala, India |
| Diamond Frames Private Limited | ₹46.53 Cr (FY 2024) | •••• | •••• | 33.0% | •••• | Chennai, Tamil Nadu, India |
| Alfa Facade Systems Private Limited | ₹46.46 Cr (FY 2025) | •••• | •••• | -40.0% | •••• | Pune, Maharashtra, India |
| Bharathi Rock Products (India) Private Limited | ₹46.34 Cr (FY 2022) | •••• | •••• | 16.0% | •••• | Bengaluru, Karnataka, India |
| Alstone Industries Private Limited | ₹46.22 Cr (FY 2025) | •••• | •••• | -12.0% | •••• | New Delhi, Delhi, India |
| Aerolite Industries Private Limited | ₹46.16 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Mavanal Granites by revenue in the Manufacturing industry (Construction Materials), 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 Mavanal Granites Pvt Ltd
Mavanal Granites Pvt Ltd is audited by MURALEE AND THUSHAR for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MURALEE AND THUSHAR | 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.
Board of Directors of Mavanal Granites Pvt Ltd
Mavanal Granites has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Santhosh Kannimel Krishna Pillai Also directs: Mavanal Builders Private Limited | Director | 27 Dec 1994 | 31 Years 9 Months | Current |
| Sreedevi Meenakshi Amma | Director | 03 Oct 2017 | 9 Years 0 Months | Current |
| Madhusoodanan Kannimel Narayana Panicker | Managing Director | 17 Sep 1990 | 36 Years 0 Months | Current |
Ownership and Shareholding of Mavanal Granites Pvt Ltd
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 Mavanal Granites Pvt Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Aug 2024 | Others | ₹2 Cr | Open |
| 13 Mar 2023 | Others | ₹1.5 Cr | Open |
| 10 Aug 2022 | Others | ₹90 Lakh | Open |
| 31 Mar 2021 | Others | ₹30 Lakh | Open |
| 26 Aug 2020 | Others | ₹26.5 Lakh | Open |
Total charge records: 21 View all charges
Legal Cases of Mavanal Granites Pvt Ltd
Mavanal Granites Pvt Ltd has 18 court cases on record: 16 filed by Mavanal Granites, 1 filed against it, 1 where it is another party. 7 cases are pending and 11 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 16 | 1 | 5 |
| District courts | 2 | 0 | 2 |
Cases on record (5 of 18)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Kerala | Court case (AR) | Filed by the company against an individual | Pending |
| High Court of Kerala | Writ petition | Filed by the company against Union of India | Pending |
| District court, Pathanamthitta, Kerala | Criminal case | Filed by the company against an individual | Pending |
| District court, Pathanamthitta, Kerala | Criminal case | Filed by the company against an individual | Pending |
| High Court of Kerala | Writ petition | Filed by the company against Union of India | Disposed |
Full case history
All 18 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.
Employees and EPFO Compliance at Mavanal Granites Pvt Ltd
Mavanal Granites Pvt Ltd has a workforce of 22 employees as of Apr 05, 2024.
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.
Group Structure of Mavanal Granites Pvt Ltd
Mavanal Granites has 2 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Mavanal Builders Private Limited | U45202KL2015PTC038307 | Locked |
| Kn Madhusoodanan Contractors Private Limited | U45400KL2018PTC052856 | Locked |
Showing major subsidiaries. Total: 2.
Recent Activity on Mavanal Granites Pvt Ltd
Mavanal Granites Pvt Ltd has 3 board changes on record since 1990: 3 appointments. The latest: Sreedevi Meenakshi Amma was appointed as Director on 03 Oct 2017.
21 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Mavanal Granites Pvt Ltd
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.
MSME Payment Delays by Mavanal Granites Pvt Ltd
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Mavanal Granites Pvt Ltd
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 Mavanal Granites Pvt Ltd
Mavanal Granites has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AACCM7643L1ZB | Kerala | Active | 11 May 2022 |
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 Mavanal Granites Pvt Ltd
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 Mavanal Granites Pvt Ltd
Mavanal Granites is an active private limited company based in Pathanamthitta, Kerala, India. The company works in construction materials, within the manufacturing industry. It was incorporated on 17 September 1990 (36+ years old) and is registered under CIN U14102KL1990PTC005805.
Mavanal Granites reported revenue of ₹46.77 Cr for FY 2024 (down 18% YoY).
Mavanal Granites has 3 current directors:
- Madhusoodanan Kannimel Narayana Panicker - Managing Director
- Santhosh Kannimel Krishna Pillai - Director
- Sreedevi Meenakshi Amma - Director
Mavanal Granites reported a net loss of ₹1.02 Cr (net margin -2.2%) and EBITDA of ₹4.74 Cr (EBITDA margin 10.1%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Mavanal Granites is 2% over three years and 1% over five years. In the latest year (FY 2024) revenue fell 18%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Mavanal Granites is 32AACCM7643L1ZB, registered in Kerala.
The CIN (Corporate Identification Number) of Mavanal Granites is U14102KL1990PTC005805. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mavanal Granites has 18 court cases on record: 16 filed by the company and 1 filed against it. 7 are pending. Most are in the high courts.
Mavanal Granites was incorporated on 17 September 1990, making it 36+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Mavanal Granites by revenue are Jaskiran Products Private Limited, Vaishnodevi Buildcon Private Limited, Nidhi Granites Limited, Scoobee Day Garments (India) Limited, Super Bond Panel India Private Limited and 5 more, all in the Manufacturing industry (Construction Materials).
Sreedevi Meenakshi Amma was appointed as Director on 03 Oct 2017. Santhosh Kannimel Krishna Pillai was appointed as Director on 27 Dec 1994. Madhusoodanan Kannimel Narayana Panicker was appointed as Managing Director on 17 Sep 1990.