MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-KR-29-0005075
Miracle Stones Private Limited - manufacturing in Ramanagara, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹15.01 Cr
▲ 3% YoY
Net profit · FY 2024
₹57.46 Lakh
Net margin 3.8%
EBITDA · FY 2024
₹2.6 Cr
EBITDA margin 17.3%
Authorised capital
₹5.5 Cr
Registered with MCA
Paid-up capital
₹5.5 Cr
Issued & subscribed
Open charges
₹4 Cr
Satisfied ₹13 Cr
Company age
12 yrs
Est. 2014
Employees · EPFO
15
Provident fund records
About Miracle Stones Private Limited
Data last updated:
Miracle Stones Private Limited is a private limited company based in Ramanagara, Karnataka, India. It operates in the sanitaryware and tile segment of the manufacturing sector. It was incorporated on 04 March 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U14102KA2014PTC073943. Its GSTIN is 29AAECD9834E1ZF (Karnataka).
The company has an authorised share capital of ₹5.5 Cr and a paid-up capital of ₹5.5 Cr. It was formerly known as D.V. Karthik Marble & Granite Exports Private Limited. It is led by directors including Vimal Dhariwal and Pradeep Kumar.
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 Sy. No: 197/4 Thamasandra Village Kasaba Hobli, Ramanagara, Karnataka, India – 562117.
As per the financials filed for FY 2024, the company reported a revenue of ₹15.01 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹57.46 Lakh (net margin 3.8%) and EBITDA of ₹2.6 Cr (EBITDA margin 17.3%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 34% over five years.
The company has about 15 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹4 Cr and satisfied charges of ₹13 Cr on record.
Miracle Stones Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-KR-29-0005075). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website dvkarthikgranites.in.
Company details
CIN U14102KA2014PTC073943
Registration Number 073943
Incorporation Date 04 March 2014
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-KR-29-0005075
Recognitions & Rankings of Miracle Stones
Contact details
Miracle Stones Private Limited's registered office is in Ramanagara, Karnataka. Its website is dvkarthikgranites.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSy. No: 197/4 Thamasandra Village Kasaba Hobli, Ramanagara, Karnataka, India – 562117
- IndustryManufacturing, Sanitaryware & Tile, Ceramics
To see the full contact details of Miracle Stones Private Limited, buy the company report.
Comprehensive company report
Miracle Stones Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Miracle Stones 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 Miracle Stones Private Limited, buy the company report.
Financials of Miracle Stones Private Limited
FY 2025 filings availableMiracle Stones Private Limited reported revenue of ₹15.01 Cr (up 3% YoY) for FY 2024.
Revenue · FY 2024
₹15.01 Cr ▲ 3%
Net profit · FY 2024
₹57.46 Lakh margin 3.8%
EBITDA · FY 2024
₹2.6 Cr margin 17.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 3%
3 years · compounded
▲ 1%
5 years · compounded
▲ 34%
EBITDA CAGR growth
1 year
▲ 11%
3 years · compounded
▲ 15%
5 years · compounded
▲ 32%
Revenue has grown at a compounded annual rate (CAGR) of 34% over five years, including 3% growth in the latest year. EBITDA rose 11% 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 | ₹2.6 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹57.46 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 17.3% | ||||
| Net Profit Margin | 3.8% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Miracle Stones Private Limited, buy the company report.
Board of directors of Miracle Stones Private Limited
Miracle Stones has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vimal Dhariwal | Director | 27 Feb 2021 | 5 Years 7 Months | Current |
| Pradeep Kumar Also directs: Nxtgen Planet Spaces LLP | Director | 27 Feb 2021 | 5 Years 7 Months | Current |
| Rakesh Kotecha Also directs: Miracle Granito Private Limited, Miracle Stonex Private Limited | Director | 09 Jan 2020 | 6 Years 9 Months | Current |
| Pradeep Kumar Dungarwal Also directs: Varsha Stones International Private Limited, Brijbhumi Commerce Private Limited, Dungarwal Finprop Private Limited and 1 more | Director | 09 Jan 2020 | 6 Years 9 Months | Current |
Peer comparison
Miracle Stones Private Limited is compared with the 5 companies closest to it by revenue in the Manufacturing industry (Ceramics, Sanitaryware and Tiles), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| R N Photo Coatings Private Limited | ₹15.05 Cr (FY 2023) | -16.0% | Chennai, Tamil Nadu, India | |||
| Miracle Stones Private Limitedthis company | ₹15.01 Cr (FY 2024) | ₹57.46 Lakh | 3.8% | 3.0% | 15 | Ramanagara, Karnataka, India |
| Signature Ceramic Private Limited | ₹15 Cr (FY 2024) | -22.0% | Wankaner, Gujarat, India | |||
| Synnova Ceramic Private Limited | ₹14.94 Cr (FY 2025) | -11.0% | Abhepar, Gujarat, India | |||
| RC Golden Granites Private Limited | ₹14.85 Cr (FY 2025) | -1.0% | Chennai, Tamil Nadu, India | |||
| Futura Ceramics Private Limited | ₹14.77 Cr (FY 2025) | -51.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Miracle Stones Private Limited, buy the company report.
Auditor
Miracle Stones Private Limited is audited by M KOCHAR & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M KOCHAR & CO | FY 2023 | 021564S |
Shareholding
The shareholding of Miracle Stones 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 Miracle Stones Private Limited, buy the company report.
Charges & borrowings
Open charges
₹4 Cr
Satisfied charges
₹13 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Mar 2023 | 100695314 | Others | ₹4 Cr | Satisfied | |
| 01 Jan 2018 | 100155214 | Others | ₹2.5 Cr | Satisfied | |
| 28 Jan 2015 | 10550960 | The National Co-Operative Bank Limited | ₹6.5 Cr | Satisfied |
To see the full charge records of Miracle Stones Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Miracle Stones 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 Miracle Stones Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Miracle Stones Private Limited has a workforce of 15 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
15
Active EPFO establishments
1
Employee growth
25%
GST
Miracle Stones has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECD9834E1ZF | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Miracle Stones Private Limited, buy the company report.
Recent activity
Miracle Stones Private Limited has 8 board changes on record since 2017: 4 appointments and 4 cessations. The latest: Pradeep Kumar was appointed as Director on 27 Feb 2021.
Charges
A charge registered on 31 Mar 2023 via Charge ID 100695314 with Others was fully satisfied on 23 Oct 2025.
AGM
Miracle Stones Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Miracle Stones Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Others amounted to Rs. 4.00 Cr with Charge ID 100695314 was registered on 31 Mar 2023.
Charges
A charge registered on 01 Jan 2018 via Charge ID 100155214 with Others was fully satisfied on 20 Apr 2022.
Charges
A charge registered on 28 Jan 2015 via Charge ID 10550960 with The National Co-Operative Bank Limited was fully satisfied on 20 Apr 2022.
Appointed
Pradeep Kumar was appointed as Director.
Appointed
Vimal Dhariwal was appointed as Director.
Ceased
Chaitra Shalini Srinivasa ceased to be Director.
Ceased
Madhusudha Kanakapura Venkataramanaswamy ceased to be Director.
Ceased
Venkataramanaswamy Dasasetty ceased to be Director.
Appointed
Pradeep Kumar Dungarwal was appointed as Director.
5 earlier events are in the company report.
Frequently asked questions
Miracle Stones is an active private limited company based in Ramanagara, Karnataka, India. The company works in sanitaryware and tile, within the manufacturing industry. It was incorporated on 04 March 2014 (12+ years old) and is registered under CIN U14102KA2014PTC073943.
Miracle Stones has 4 current directors:
- Vimal Dhariwal - Director
- Pradeep Kumar - Director
- Rakesh Kotecha - Director
- Pradeep Kumar Dungarwal - Director
The latest financial statements of Miracle Stones 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 Miracle Stones is 29AAECD9834E1ZF, registered in Karnataka.
The CIN (Corporate Identification Number) of Miracle Stones is U14102KA2014PTC073943. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Miracle Stones was incorporated on 04 March 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Miracle Stones by revenue are R N Photo Coatings Private Limited, Signature Ceramic Private Limited, Synnova Ceramic Private Limited, RC Golden Granites Private Limited, Futura Ceramics Private Limited, all in the Manufacturing industry (Ceramics, Sanitaryware and Tiles), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities).
Pradeep Kumar was appointed as Director on 27 Feb 2021. Vimal Dhariwal was appointed as Director on 27 Feb 2021. Chaitra Shalini Srinivasa ceased to be Director on 05 Feb 2020. Miracle Stones has 8 board changes on record in total.
Yes, Miracle Stones is registered as an MSME under Udyam registration (number: UDYAM-KR-29-0005075).
Miracle Stones can be reached through the website dvkarthikgranites.in. Its registered office is in Ramanagara, Karnataka, India.
The registered office of Miracle Stones is at Sy. No: 1974 Thamasandra Village Kasaba Hobli, Ramanagara, Karnataka, India – 562117.