Modern Grit Private Limited

Modern Grit Private Limited - metals and minerals in Pilibhit, Uttar Pradesh, India. FY 2026 financials & compliance.
CIN U36912UP2011PTC044523 Incorporated 26 April 2011 ROC Uttar Pradesh HQ Pilibhit, Uttar Pradesh, India
Active Private Limited Company metals and minerals MSME · Small
Data last updated
Revenue · FY 2025
₹7.8 Cr
▼ 25% YoY
Net profit · FY 2025
₹15.3 Lakh
Net margin 2%
EBITDA · FY 2025
₹91.13 Lakh
EBITDA margin 11.7%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹75.97 Lakh
Issued & subscribed
Open charges
₹8.36 Cr
Satisfied ₹13.23 Cr
Company age
15 yrs
Est. 2011
Directors on board
2
As per MCA filings

About Modern Grit Private Limited

Data last updated:

Modern Grit Private Limited is a private limited company based in Pilibhit, Uttar Pradesh, India. It operates in the mining and mineral extraction segment of the metals and mining sector. It was incorporated on 26 April 2011 and has been in existence for over 15 years.

The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN U36912UP2011PTC044523. Its GSTIN is 09AAHCM1638G1ZF (Uttar Pradesh).

The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹75.97 Lakh. It is led by directors Ujjwal Agarwal and Pramod Agarwal.

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 158 Shekh Chand Chowk Bazar, Pilibhit, Uttar Pradesh, India – 262001.

As per the financials filed for FY 2025, the company reported a revenue of ₹7.8 Cr, a decline of 25% compared to the previous year. For the same year it recorded a net profit of ₹15.3 Lakh (net margin 2%) and EBITDA of ₹91.13 Lakh (EBITDA margin 11.7%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 4% over five years.

As per MCA filings, the company has open charges of ₹8.36 Cr and satisfied charges of ₹13.23 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it.

Modern Grit Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-60-0004075). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U36912UP2011PTC044523
Registration Number 044523
Incorporation Date 26 April 2011
ROC Uttar Pradesh
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-UP-60-0004075

Recognitions & Rankings of Modern Grit

MSME (Udyam registered) Ministry of MSME
Category
Small (2023-24)
Udyam number
UDYAM-UP-60-0004075

Contact details

Modern Grit Private Limited's registered office is in Pilibhit, Uttar Pradesh. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    158 Shekh Chand Chowk Bazar, Pilibhit, Uttar Pradesh, India – 262001
  • Industry
    Metals and Minerals, Mining & Mineral Extraction

To see the full contact details of Modern Grit Private Limited, buy the company report.

Comprehensive company report
Modern Grit 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 Modern Grit is mining and quarrying. In detail, this covers other mining & quarrying activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
BMining and quarryingB4Other Mining & Quarrying Activities

To see the full business activity and turnover split of Modern Grit Private Limited, buy the company report.

Financials of Modern Grit Private Limited

FY 2025 filings available

Modern Grit Private Limited reported revenue of ₹7.8 Cr (down 25% YoY) for FY 2025.

Revenue · FY 2025
₹7.8 Cr ▼ 25%
Net profit · FY 2025
₹15.3 Lakh margin 2%
EBITDA · FY 2025
₹91.13 Lakh margin 11.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 25%
3 years · compounded
▼ 8%
5 years · compounded
▲ 4%
EBITDA CAGR growth
1 year
▼ 13%
3 years · compounded
▲ 3%
5 years · compounded
▲ 5%

Revenue fell 25% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA fell 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹91.13 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹15.3 Lakh
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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin11.7%
Net Profit Margin2%
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

To see the full financial statements and ratios of Modern Grit Private Limited, buy the company report.

Board of directors of Modern Grit Private Limited

Modern Grit has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Ujjwal AgarwalDirector26 Apr 201115 Years 5 MonthsCurrent
Pramod AgarwalDirector26 Apr 201115 Years 5 MonthsCurrent

Peer comparison

Modern Grit Private Limited is compared with the 3 companies closest to it by revenue in the Metals and Minerals industry (Mining), with the same principal business activity (other mining & quarrying activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Jagtat Minerals Private Limited₹7.87 Cr (FY 2024)33.0%Vadodara, Gujarat, India
Modern Grit Private Limitedthis company₹7.8 Cr (FY 2025)₹15.3 Lakh2%-25.0%Pilibhit, Uttar Pradesh, India
Khetan Tiles Private Limited₹7.73 Cr (FY 2025)-1.0%Jaipur, Rajasthan, India
Gajanan Bauxite Private Limited₹7.7 Cr (FY 2025)60.0%Jamnagar, Gujarat, India

To see the full peer comparison of Modern Grit Private Limited, buy the company report.

Auditor

Modern Grit Private Limited is audited by AGARWAL RAVINDRA & CO. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
AGARWAL RAVINDRA & CO.FY 2023003592C

Shareholding

The shareholding of Modern Grit 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Modern Grit Private Limited, buy the company report.

Charges & borrowings

Open charges
₹8.36 Cr
Satisfied charges
₹13.23 Cr
Breakdown by lending institutions
Others₹7.67 Cr
Hdfc Bank Limited₹0.69 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
17 Jan 2024100880072Hdfc Bank Limited₹26 LakhOpen
29 Dec 2023100871770Hdfc Bank Limited₹26 LakhOpen
16 Nov 2023100843510Hdfc Bank Limited₹17 LakhOpen
31 Oct 2022100643912Others₹7.67 CrOpen
28 Feb 2017100113257Hdfc Bank Limited₹4.99 CrSatisfied

To see the full charge records of Modern Grit Private Limited, buy the company report.

Total charge records: 10 View all charges

Credit ratings & regulatory alerts

Modern Grit Private Limited was last rated by Crisil on 19 Nov 2019.

Rating agencyRated onRating
Crisil19 Nov 2019

To see the full credit ratings and regulatory alerts of Modern Grit Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Modern Grit Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Modern Grit has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
09AAHCM1638G1ZFUttar PradeshActive01 Jul 2017

To see the full GST registrations and return filing status of Modern Grit Private Limited, buy the company report.

Recent activity

Modern Grit Private Limited has 2 board changes on record since 2011: 2 appointments. The latest: Pramod Agarwal was appointed as Director on 26 Apr 2011.

AGM
Modern Grit Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Modern Grit Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Uttar Pradesh I.
Charges
A charge with Others of Rs. 7.67 Cr registered on 31 Oct 2022 with Charge ID 100643912 was modified on 30 Mar 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.26 Cr with Charge ID 100880072 was registered on 17 Jan 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.26 Cr with Charge ID 100871770 was registered on 29 Dec 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.17 Cr with Charge ID 100843510 was registered on 16 Nov 2023.
Charges
A charge registered on 28 Feb 2017 via Charge ID 100113257 with Hdfc Bank Limited was fully satisfied on 28 Dec 2022.
Charges
A charge with Others amounted to Rs. 7.67 Cr with Charge ID 100643912 was registered on 31 Oct 2022.
Charges
A charge registered on 08 May 2013 via Charge ID 10434885 with Srei Equipment Finance Private Limited was fully satisfied on 16 Jun 2022.
Charges
A charge registered on 22 Dec 2012 via Charge ID 10396968 with Srei Equipment Finance Private Limited was fully satisfied on 16 Jun 2022.
Charges
A charge registered on 31 Dec 2011 via Charge ID 10334476 with Tata Capital Limited was fully satisfied on 30 Sep 2019.
Charges
A charge registered on 31 Dec 2011 via Charge ID 10334481 with Tata Capital Limited was fully satisfied on 30 Sep 2019.

12 earlier events are in the company report.

Frequently asked questions

Modern Grit is an active private limited company based in Pilibhit, Uttar Pradesh, India. The company works in mining and mineral extraction, within the metals and minerals industry. It was incorporated on 26 April 2011 (15+ years old) and is registered under CIN U36912UP2011PTC044523.

Modern Grit has 2 current directors:

The latest financial statements of Modern Grit 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 Modern Grit is 09AAHCM1638G1ZF, registered in Uttar Pradesh.

The CIN (Corporate Identification Number) of Modern Grit is U36912UP2011PTC044523. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Modern Grit has 3 court cases on record: 2 filed by the company and 1 filed against it. Most are in the district courts.

Modern Grit was incorporated on 26 April 2011, making it 15+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.

The peers of Modern Grit by revenue are Jagtat Minerals Private Limited, Khetan Tiles Private Limited, Gajanan Bauxite Private Limited, all in the Metals and Minerals industry (Mining), with the same principal business activity (other mining & quarrying activities).

Pramod Agarwal was appointed as Director on 26 Apr 2011. Ujjwal Agarwal was appointed as Director on 26 Apr 2011.

Yes, Modern Grit is registered as a small enterprise under Udyam registration (number: UDYAM-UP-60-0004075).

The registered office of Modern Grit is at 158 Shekh Chand Chowk Bazar, Pilibhit, Uttar Pradesh, India – 262001.