- Category
- Micro (2024-25)
- Udyam number
- UDYAM-WB-10-0065767

About Monolith Industries Limited
Data last updated:
Monolith Industries Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 24 February 1978 and has been in existence for over 48 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L99999GJ1978PLC003101. The company has 3 GST registrations on record, none of which is active. It is a listed company as per MCA records.
The company has an authorised share capital of ₹2.25 Cr and a paid-up capital of ₹1.32 Cr. It was formerly known as Monolith Investment Company Limited. It is led by directors including Prakash Kumar Bachhawat and Saikh Rafiqueuddin Ahmed.
Its last annual general meeting (AGM) was held on 16 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2022, the company reported a revenue of ₹2.85 Lakh, a decline of 7% compared to the previous year. For the same year it recorded a net loss of ₹1.75 Lakh (net margin -61.4%) and EBITDA of ₹39,135 (EBITDA margin 13.7%). Revenue has declined at a compounded annual rate (CAGR) of 57% over three years and 65% over five years.
Court records list 5 cases involving the company, including 4 filed by the company and 1 filed against it.
Monolith Industries Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-WB-10-0065767). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website micl.co.in.
Company details
CIN history
Monolith Industries has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L99999GJ1978PLC003101, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L99999GJ1978PLC003101 | Current |
| U99999GJ1978PTC003101 | Previous |
| U99999GJ1978PLC003101 | Previous |
Recognitions & Rankings of Monolith Industries
Contact details
Monolith Industries Limited's registered office is in Ahmedabad, Gujarat. Its website is micl.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressOfficeno.A/2 – 609 Palladium Nearorchidwood Opp.Divyabhaskar Corporateroad Makar, Ba, Ahmedabad, Gujarat, India – 380051
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Monolith Industries 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 Monolith Industries is construction. In detail, this covers roads, railways, utility projects.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F2 | Roads, railways, Utility projects |
To see the full business activity and turnover split of Monolith Industries Limited, buy the company report.
Financials of Monolith Industries Limited
FY 2024 filings availableMonolith Industries Limited reported revenue of ₹2.85 Lakh (down 7% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 65% over five years, including a 7% fall in the latest year. EBITDA fell 67% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹2.85 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹39,135 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.75 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 | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.7% | ||||
| Net Profit Margin | -61.4% | ||||
| 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 Monolith Industries Limited, buy the company report.
Board of directors and KMP of Monolith Industries Limited
Monolith Industries Limited currently reports 4 directors and 1 key managerial person. 11 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prakash Kumar Bachhawat Also directs: Ecolink Venture Private Limited, Pyramid Investment Company Ltd. | Director | 04 Jul 2003 | 23 Years 3 Months | Current |
| Kanhaiya Lal Ahuja | Cfo | 05 Apr 2019 | 7 Years 6 Months | Current |
| Minakshi Sengupta | Additional Director | 05 Apr 2019 | 7 Years 6 Months | Current |
| Saikh Rafiqueuddin Ahmed | Director | 31 Mar 2015 | 11 Years 7 Months | Current |
| Vijay Saraswat | Director | 31 Mar 2015 | 11 Years 7 Months | Current |
Auditor
Monolith Industries Limited is audited by BHARAT NAHATA & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BHARAT NAHATA & ASSOCIATES | FY 2022 | 328209E |
Shareholding
The shareholding of Monolith Industries Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Monolith Industries Limited, buy the company report.
Legal cases
Monolith Industries Limited has 5 court cases on record: 4 filed by Monolith Industries, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 1 | 0 |
| District courts | 1 | 0 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Mumbai | Insolvency matter | Filed by the company against Larsen and Toubro Limited | Disposed |
| High Court, GUJARAT | Court case (CR.MA) | Filed by the company against Pink City Investment Co. Ltd. and 2 others | Disposed |
| High Court, GUJARAT | Court case (CR.A) | Filed by the company against Pink City Investment Co. Ltd. and 2 others | Disposed |
| High Court, GUJARAT | Court case (CR.RA) | Filed against the company by Pink City Investment Co.Ltd. and 1 other | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CR RA) | Filed by the company against The State of Gujarat and 2 others | Disposed |
To see the full case history of Monolith Industries 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 Monolith Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Monolith Industries Limited has 1 active EPFO establishment as of Mar 31, 2024.
GST
Monolith Industries has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Monolith Industries Limited, buy the company report.
Recent activity
Monolith Industries Limited has 15 board changes on record since 2003: 5 appointments and 10 cessations. The latest: Arun Kumar Singhania ceased to be Director on 01 Feb 2022.
6 earlier events are in the company report.
Frequently asked questions
Monolith Industries is an active public limited company based in Ahmedabad, Gujarat, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 24 February 1978 (48+ years old) and is registered under CIN L99999GJ1978PLC003101.
Monolith Industries has 5 current directors and KMP:
- Prakash Kumar Bachhawat - Director
- Minakshi Sengupta - Additional Director
- Saikh Rafiqueuddin Ahmed - Director
- Vijay Saraswat - Director
- Kanhaiya Lal Ahuja - Cfo
The latest financial statements of Monolith Industries on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 16 September 2024. Year-wise statements from 2015 are in the company report.
No. Monolith Industries has 3 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Monolith Industries is L99999GJ1978PLC003101. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Monolith Industries is a listed company as per MCA records.
Monolith Industries has 5 court cases on record: 4 filed by the company and 1 filed against it. Most are in the high courts.
Monolith Industries was incorporated on 24 February 1978, making it 48+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Arun Kumar Singhania ceased to be Director on 01 Feb 2022. Priya Gupta ceased to be Company Secretary on 05 Aug 2019. Kanhaiya Lal Ahuja was appointed as CFO on 05 Apr 2019. Monolith Industries has 15 board changes on record in total.
Yes, Monolith Industries is registered as a micro enterprise under Udyam registration (number: UDYAM-WB-10-0065767).

