MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-11-0003360
Miracle Stonex Private Limited
Miracle Stonex Private Limited - manufacturing in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹12.57 Cr
▼ 46% YoY
Net loss · FY 2025
₹1.3 Lakh
Net margin -0.1%
EBITDA · FY 2025
₹2.02 Cr
EBITDA margin 16.1%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Open charges
₹33.74 Cr
Secured borrowings
Company age
9 yrs
Est. 2017
Employees · EPFO
69
Provident fund records
About Miracle Stonex Private Limited
Data last updated:
Miracle Stonex Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the ceramics segment of the manufacturing sector. It was incorporated on 21 November 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U36999KA2017PTC108086. Its GSTIN is 33AALCM4544R1ZU (Tamil Nadu).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹5 Lakh. It is led by directors Pawan Kotecha and Rakesh Kotecha.
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 #89 Classic Orchid Behind Meenakshi Temple Bannerghatta, Bangalore, Karnataka, India – 560072.
As per the financials filed for FY 2025, the company reported a revenue of ₹12.57 Cr, a decline of 46% compared to the previous year. For the same year it recorded a net loss of ₹1.3 Lakh (net margin -0.1%) and EBITDA of ₹2.02 Cr (EBITDA margin 16.1%). Revenue has declined at a compounded annual rate (CAGR) of 28% over three years and 16% over five years.
The company has about 69 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Miracle Stonex. As per MCA filings, the company has open charges of ₹33.74 Cr on record. Court records list 2 cases involving the company, including 2 filed against it.
Miracle Stonex Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-11-0003360). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U36999KA2017PTC108086
Registration Number 108086
Incorporation Date 21 November 2017
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 Small
Udyam Registration UDYAM-TN-11-0003360
Key People
Pawan Kotecha Director Rakesh Kotecha Director Recognitions & Rankings of Miracle Stonex
Contact details
Miracle Stonex Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.
- Email
- Registered Address#89 Classic Orchid Behind Meenakshi Temple Bannerghatta, Bangalore, Karnataka, India – 560072
- IndustryManufacturing, Ceramics, Sanitaryware & Tile
To see the full contact details of Miracle Stonex Private Limited, buy the company report.
Comprehensive company report
Miracle Stonex 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Miracle Stonex operates one associated brand: Miracle Stonex. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers comprehensive solutions for granite products and services. | miraclestonex.com |
Business activity
The main business activity of Miracle Stonex 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 Stonex Private Limited, buy the company report.
Financials of Miracle Stonex Private Limited
FY 2025 filings availableMiracle Stonex Private Limited reported revenue of ₹12.57 Cr (down 46% YoY) for FY 2025.
Revenue · FY 2025
₹12.57 Cr ▼ 46%
Net loss · FY 2025
₹1.3 Lakh margin -0.1%
EBITDA · FY 2025
₹2.02 Cr margin 16.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 46%
3 years · compounded
▼ 28%
5 years · compounded
▼ 16%
EBITDA CAGR growth
1 year
▼ 37%
3 years · compounded
▼ 28%
5 years · compounded
▼ 18%
Revenue has declined at a compounded annual rate (CAGR) of 16% over five years, including a 46% fall in the latest year. EBITDA fell 37% 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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| Total Expenses | |||||
| EBITDA | ₹2.02 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.3 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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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 | 16.1% | ||||
| Net Profit Margin | -0.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Payable Days | |||||
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To see the full financial statements and ratios of Miracle Stonex Private Limited, buy the company report.
Board of directors of Miracle Stonex Private Limited
Miracle Stonex has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pawan Kotecha Also directs: Miracle Stone Exports LLP, Miracle Stone Impex Private Limited | Director | 14 Feb 2023 | 3 Years 8 Months | Current |
| Rakesh Kotecha Also directs: Miracle Granito Private Limited, Miracle Stones Private Limited | Director | 21 Nov 2017 | 8 Years 11 Months | Current |
Peer comparison
Miracle Stonex Private Limited is compared with the 4 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 |
|---|---|---|---|---|---|---|
| Tinka Stones Private Limited | ₹12.75 Cr (FY 2025) | 29.0% | Mumbai, Maharashtra, India | |||
| Dakshinamurti Glass & Ceramic Private Limited | ₹12.63 Cr (FY 2024) | -8.0% | Ahmedabad, Gujarat, India | |||
| Miracle Stonex Private Limitedthis company | ₹12.57 Cr (FY 2025) | -₹1.3 Lakh | -0.1% | -46.0% | 69 | Bangalore, Karnataka, India |
| Siamp India Private Limited | ₹12.57 Cr (FY 2025) | 26.0% | Vadodara, Gujarat, India | |||
| Stonemann Royale Limited | ₹12.46 Cr (FY 2025) | 40.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Miracle Stonex Private Limited, buy the company report.
Auditor
Miracle Stonex Private Limited is audited by V P J AND ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V P J AND ASSOCIATES | FY 2022 | 015792S |
Shareholding
The shareholding of Miracle Stonex 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) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Miracle Stonex Private Limited, buy the company report.
Charges & borrowings
Open charges
₹33.74 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Sep 2021 | 100487705 | Others | ₹15.86 Cr | Open | |
| 04 Dec 2020 | 100409648 | Hdfc Bank Limited | ₹14.39 Lakh | Open | |
| 29 Oct 2018 | 100217639 | Others | ₹17.74 Cr | Open |
To see the full charge records of Miracle Stonex Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Miracle Stonex Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Total cases
2
Filed against the company
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Krishnagiri, Tamil Nadu | Civil suit | Filed against the company by individuals | Disposed |
| District court, Krishnagiri, Tamil Nadu | Civil suit | Filed against the company by individuals | Disposed |
To see the full case history of Miracle Stonex 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
No delayed payments to MSME suppliers are on our record for Miracle Stonex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Miracle Stonex Private Limited has a workforce of 69 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
69
Active EPFO establishments
1
Employee growth
-11.54%
GST
Miracle Stonex has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AALCM4544R1ZU | Tamil Nadu | Active | 22 Dec 2017 |
To see the full GST registrations and return filing status of Miracle Stonex Private Limited, buy the company report.
Recent activity
Miracle Stonex Private Limited has 3 board changes on record since 2017: 2 appointments and 1 cessation. The latest: Likhit Kothari ceased to be Director on 22 Oct 2024.
AGM
Miracle Stonex Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others of Rs. 15.86 Cr registered on 16 Sep 2021 with Charge ID 100487705 was modified on 20 May 2025.
Filing
Miracle Stonex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Likhit Kothari ceased to be Director.
Appointed
Pawan Kotecha was appointed as Director.
Charges
A charge with Others amounted to Rs. 15.86 Cr with Charge ID 100487705 was registered on 16 Sep 2021.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.14 Cr with Charge ID 100409648 was registered on 04 Dec 2020.
Charges
A charge with Others of Rs. 17.74 Cr registered on 29 Oct 2018 with Charge ID 100217639 was modified on 20 Oct 2020.
Charges
A charge with Others amounted to Rs. 17.74 Cr with Charge ID 100217639 was registered on 29 Oct 2018.
Appointed
Rakesh Kotecha was appointed as Director.
Incorporation
21 Nov 2017
Miracle Stonex Private Limited was registered on 21 Nov 2017 with Roc Bangalore & aged 8 years 11 months as per MCA records.
Frequently asked questions
Miracle Stonex is an active private limited company based in Bangalore, Karnataka, India. The company works in ceramics, within the manufacturing industry. It was incorporated on 21 November 2017 (9+ years old) and is registered under CIN U36999KA2017PTC108086.
Miracle Stonex has 2 current directors:
- Pawan Kotecha - Director
- Rakesh Kotecha - Director
The latest financial statements of Miracle Stonex 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 FY 2018 are in the company report.
The GSTIN of Miracle Stonex is 33AALCM4544R1ZU, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Miracle Stonex is U36999KA2017PTC108086. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Miracle Stonex has 2 court cases on record: 2 filed against it.
Miracle Stonex was incorporated on 21 November 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Miracle Stonex by revenue are Tinka Stones Private Limited, Dakshinamurti Glass & Ceramic Private Limited, Siamp India Private Limited, Stonemann Royale 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).
Likhit Kothari ceased to be Director on 22 Oct 2024. Pawan Kotecha was appointed as Director on 14 Feb 2023. Rakesh Kotecha was appointed as Director on 21 Nov 2017.
Yes, Miracle Stonex is registered as a small enterprise under Udyam registration (number: UDYAM-TN-11-0003360).
The registered office of Miracle Stonex is at #89 Classic Orchid Behind Meenakshi Temple Bannerghatta, Bangalore, Karnataka, India – 560072.