Gratex Industries Limited - e-commerce in Thane, Maharashtra, India. FY 2026 financials & compliance.
CIN L21093MH1984PLC032248 Incorporated 23 February 1984 ROC Mumbai HQ Thane, Maharashtra, India
Active Listed - BSE: 526751 Public Limited Company e-commerce MSME · Micro
Data last updated
Market Cap
₹4.96 Cr
GRATEXI · BSE
Share Price
₹16.36
0.00% today
Revenue
₹4.27 Cr
FY 2025-26 · +13.9% YoY
EBITDA
₹0.31 Cr
Margin 7.3%
Net Profit
₹0.11 Cr
FY 2025-26 · +37.5% YoY
P/E (TTM)
39.0x
P/B 1.4x
ROE
3.0%
ROCE 4.4%
Debt / Equity
0.03
Interest cover 5.9x

About Gratex Industries Limited

Data last updated:

Gratex Industries Limited is a public limited company based in Thane, Maharashtra, India. It operates in the general e-commerce platforms segment of the e-commerce sector. It was incorporated on 23 February 1984 and has been in existence for over 42 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L21093MH1984PLC032248. Its GSTIN is 27AAACG1275A2Z4 (Maharashtra). The company holds 2 GST registrations, of which 1 is active. It is a listed company as per MCA records. Its shares are listed on BSE: 526751.

The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹3.03 Cr. It is led by directors including Karan Baldev Sharma (Managing Director) and Prashant Sawant.

Its last annual general meeting (AGM) was held on 16 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Thane, Maharashtra.

As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹4.27 Cr, a growth of 13.9% compared to the previous year. For the same year it recorded a net profit of ₹11 Lakh (net margin 2.6%) and EBITDA of ₹31 Lakh (EBITDA margin 7.3%). The net worth stands at ₹3.75 Cr (up 3% YoY). Total assets are valued at ₹4 Cr (up 6.4% YoY).

The company has about 19 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Gratex Industries. As per MCA filings, the company has open charges of ₹47.45 Lakh and satisfied charges of ₹56.5 Lakh on record. Court records list 29 cases involving the company, including 25 filed by the company and 4 filed against it; 1 case is pending. The company has 2 deals on record (2 market trades); the latest was in August 2018. The company has 11 MSME Form 1 returns on record between 2019 and 2024, listing 44 overdue payments to 15 micro and small suppliers.

Gratex Industries Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0043015). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gratex.in.

Company details

CIN L21093MH1984PLC032248
Registration Number 032248
Incorporation Date 23 February 1984
ROC Mumbai
Listing Status Listed - Listed on BSE (526751)
Company Status Active
Date of Last AGM 16 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-19-0043015

CIN history

Gratex Industries has one previous CIN (Corporate Identification Number): L36998MH1984PLC032248. The current CIN is L21093MH1984PLC032248, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L21093MH1984PLC032248Current
L36998MH1984PLC032248Previous

Recognitions & Rankings of Gratex Industries

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-MH-19-0043015

Contact details

Gratex Industries Limited's registered office is in Thane, Maharashtra. Its website is gratex.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
  • Social Media
  • Registered Address
    Gratex House A73 Ttc Industrial Area MIDC, Kopar Khairne Navi Mumbai, Thane, Maharashtra, India – 400703
  • Industry
    E-Commerce, General E-Commerce Platforms

To see the full contact details of Gratex Industries Limited, buy the company report.

Comprehensive company report
Gratex Industries 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

Gratex Industries operates one associated brand: Gratex Industries. Each brand links to its own profile.

BrandDescriptionWebsite
New and used vehicle sales and services are provided.gratex.in

Business activity

The main business activity of Gratex Industries is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC3Wood and wood products, furniture, paper and paper products

To see the full business activity and turnover split of Gratex Industries Limited, buy the company report.

Financials of Gratex Industries Limited

FY 2025-26 filings available

Gratex Industries Limited reported revenue of ₹4.27 Cr (up 13.9% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Standalone
Revenue
₹4.27 Cr
+13.9% YoY
EBITDA
₹0.31 Cr
+19.2% YoY
Profit After Tax
₹0.11 Cr
+37.5% YoY
Net Worth
₹3.75 Cr
+3.0% YoY
Total Assets
₹4.00 Cr
+6.4% YoY
Total Debt
₹0.17 Cr
+240.0% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue4.273.753.994.263.021.873.47
Revenue growth+13.9%-6.0%-6.3%+41.1%+61.5%-46.1%-
EBITDA0.310.260.260.360.270.130.38
EBITDA margin+7.3%+6.9%+6.5%+8.5%+8.9%+7.0%+11.0%
Profit before tax0.160.090.120.220.130.030.23
Net profit0.110.080.110.180.090.020.17
Net profit margin+2.6%+2.1%+2.8%+4.2%+3.0%+1.1%+4.9%
EPS (₹)0.360.240.310.620.330.080.53
Balance sheet
Total assets4.003.763.673.573.413.293.26
Net worth3.753.643.503.413.223.123.08
Total debt0.170.050.080.060.120.090.11
Cash & bank0.010.010.010.010.010.00(0.01)
Net working capital2.582.392.322.162.082.002.17
Cash flow
Cash from operations0.080.210.060.260.150.040.10
Cash from investing(0.18)(0.17)(0.08)(0.19)(0.15)0.00(0.04)
Cash from financing0.10(0.04)0.02(0.07)0.01(0.03)(0.06)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue1.251.270.991.110.910.701.011.04
Revenue growth (YoY)+37.4%+81.4%-2.0%+6.7%-9.9%---
Other income0.000.000.000.000.000.000.000.00
Total expenses1.151.160.921.030.850.640.900.99
EBITDA0.100.110.070.080.060.060.110.05
EBITDA margin+8.0%+8.7%+7.1%+7.2%+6.6%+8.6%+10.9%+4.8%
Depreciation0.030.040.030.030.030.040.040.04
Interest0.010.010.000.000.000.000.000.00
Profit before tax0.060.060.040.050.030.020.070.01
Tax0.010.030.010.010.010.010.020.00

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 28 Oct 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue1.251.270.991.110.910.701.011.04
Revenue growth (YoY)+37.4%+81.4%-2.0%+6.7%-9.9%---
Other income0.000.000.000.000.000.000.000.00
Total expenses1.151.160.921.030.850.640.900.99
EBITDA0.100.110.070.080.060.060.110.05
EBITDA margin+8.0%+8.7%+7.1%+7.2%+6.6%+8.6%+10.9%+4.8%
Depreciation0.030.040.030.030.030.040.040.04
Interest0.010.010.000.000.000.000.000.00
Profit before tax0.060.060.040.050.030.020.070.01
Tax0.010.030.010.010.010.010.020.00
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue4.273.753.994.263.021.873.47
Revenue growth+13.9%-6.0%-6.3%+41.1%+61.5%-46.1%-
Other income0.000.000.000.000.000.030.00
Total expenses3.963.493.733.902.751.743.09
Employee cost0.790.931.181.070.890.580.87
EBITDA0.310.260.260.360.270.130.38
EBITDA margin+7.3%+6.9%+6.5%+8.5%+8.9%+7.0%+11.0%
Depreciation0.140.160.130.130.120.110.13
Interest0.010.010.010.010.020.020.02
Profit before tax0.160.090.120.220.130.030.23
Tax0.050.030.030.040.040.010.06
Net profit0.110.080.110.180.090.020.17
Net profit margin+2.6%+2.1%+2.8%+4.2%+3.0%+1.1%+4.9%
EPS (₹)0.360.240.310.620.330.080.53
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital3.033.033.033.033.033.033.03
Reserves & surplus0.720.610.470.380.190.090.05
Shareholders' funds (net worth)3.753.643.503.413.223.123.08
Secured loans0.170.050.080.060.120.090.11
Unsecured loans0.000.000.000.000.000.000.00
Total debt0.170.050.080.060.120.090.11
Total liabilities4.003.763.673.573.413.293.26
Assets
Gross block2.902.722.522.442.252.102.09
Net block1.091.041.031.081.010.981.08
Capital work in progress0.000.000.000.000.000.000.00
Investments0.000.000.000.000.000.000.00
Inventories2.182.282.021.731.591.130.83
Sundry debtors1.040.360.740.900.790.951.52
Cash & bank balances0.010.010.010.010.010.00(0.01)
Loans & advances0.060.080.070.060.090.110.10
Total current assets3.292.732.842.702.482.192.44
Total current liabilities0.710.340.520.540.400.190.27
Net working capital2.582.392.322.162.082.002.17
Total assets4.003.763.673.573.413.293.26
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash0.010.010.010.010.00(0.01)(0.01)
Net cash from operating activities0.080.210.060.260.150.040.10
Net cash from investing activities(0.18)(0.17)(0.08)(0.19)(0.15)0.00(0.04)
Net cash from financing activities0.10(0.04)0.02(0.07)0.01(0.03)(0.06)
Net change in cash0.000.000.000.000.000.010.00
Closing cash0.010.010.010.010.010.00(0.01)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+13.9%-6.0%-6.3%+41.1%+61.5%-46.1%-
EBITDA growth+19.2%0.0%-27.8%+33.3%+107.7%-65.8%-
PBT growth+77.8%-25.0%-45.5%+69.2%+333.3%-87.0%+228.6%
Net income growth+37.5%-27.3%-38.9%+100.0%+350.0%-88.2%-
Revenue CAGR (3Y)+0.1%+7.5%+28.7%+7.1%-3.4%-2.1%+42.1%
EBITDA CAGR (3Y)-4.9%-1.3%+26.0%-1.8%0.0%-31.3%+9.4%
Profitability & leverage
Net income margin+2.6%+1.6%+2.3%+4.2%+3.0%+1.1%+4.9%
Return on capital employed+4.4%+4.0%+4.1%+6.9%+4.7%+1.5%+7.1%
Return on net worth+3.0%+2.5%+3.2%+5.7%+3.1%+0.6%+5.0%
Debt / equity0.030.020.020.030.030.030.04
Long-term debt / equity0.020.010.010.010.020.020.03
Interest cover5.8810.007.694.3513.33100.008.00
Efficiency & per share
Fixed asset turnover1.521.431.611.821.390.891.68
Inventory turnover1.911.742.132.572.221.914.89
Debtors turnover6.106.824.875.043.471.512.23
EPS (₹)0.360.240.310.620.330.080.53
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)12.3712.0111.5511.2410.6210.2910.18

To see the full year-wise statements and ratios of Gratex Industries Limited, buy the company report.

Board of directors and KMP of Gratex Industries Limited

Gratex Industries Limited currently reports 5 directors and 1 key managerial person. 8 former directors have served the organization.

Current Directors and KMP
NameDesignationAppointment DateTenureStatus
Prashant SawantDirector09 Jul 20197 Years 3 MonthsCurrent
Neha AroraCompany Secretary10 Nov 20205 Years 11 MonthsCurrent
Karan Baldev SharmaManaging Director27 Sep 200026 Years 1 MonthsCurrent
Mona Pratap MenonDirector01 Oct 199531 Years 0 MonthsCurrent
Baldevkrishan Ramrattan SharmaDirector01 Oct 199234 Years 0 MonthsCurrent
Akanksha BectorDirector14 Aug 20233 Years 2 MonthsCurrent

Auditor

Gratex Industries Limited is audited by Jayesh R Shah & Co. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Jayesh R Shah & Co.FY 2023104182W

Shareholding

Shareholding for the quarter ended Jun 2026: promoters hold 61.90%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 38.10%.

Promoters: 61.90%Retail & Others: 38.10%
Jun 2026
QUARTER
61.90% Promoters
38.10% Retail & Others
Promoter holding - history
Now 61.90% · Jun 2026High 61.90% · Sep 2025Low 61.90% · Sep 2025
60%60.8%61.5%62.3%63%Sep 2025Dec 2025Mar 2026Jun 2026Sep 2025: 61.90%Dec 2025: 61.90%Mar 2026: 61.90%Jun 2026: 61.90%61.90%61.90%
Shareholding trend - last 6 quarters
Jun 2026Mar 2026Dec 2025Sep 2025
Promoters61.90%61.90%61.90%61.90%
Public38.10%38.10%38.10%38.10%

Charges & borrowings

Open charges
₹47.45 Lakh
Satisfied charges
₹56.5 Lakh
Breakdown by lending institutions
Others₹0.38 Cr
Punjab National Bank₹0.09 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
13 Jul 2026101341544Others₹14.4 LakhOpen
05 Jan 2026101221597Others₹15.05 LakhOpen
31 Oct 2023100817235Others₹9 LakhOpen
25 Aug 198890215168Punjab National Bank₹5 LakhOpen
27 Dec 198490211405Punjab National Bank₹2 LakhOpen

To see the full charge records of Gratex Industries Limited, buy the company report.

Total charge records: 10 View all charges

Deals & funding

Gratex Industries Limited has 2 deals on record (2 market trades); the latest was in August 2018.

Total deals
2
Market trades
2

Deals on record (2 of 2)

WhenDealAmountParties
Aug 2018Market trade₹8.1 LakhBuyer: an individual
Seller: 2 individuals
Aug 2005Market trade₹1.3 LakhBuyer: an individual

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Gratex Industries Limited has 11 MSME Form 1 returns on record between 2019 and 2024, listing 44 overdue payments to 15 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 15)

SupplierAmount dueDue sinceReported on
Universal Digital Solutions
Fine Art Digital Imaging Private Limited
Aditya Digital Technologies Private Limited
Packtech Materials Private Limited
an individual supplier

To see the full MSME payment records of Gratex Industries Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Gratex Industries Limited has a workforce of 19 employees on its EPFO records as of Nov 17, 2024, across 1 active EPFO establishment.

Employee count
19
Active EPFO establishments
1
Employee growth
5.56%

GST

Gratex Industries has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
27AAACG1275A2Z4MaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Gratex Industries Limited, buy the company report.

Recent activity

Gratex Industries Limited has 13 board changes on record since 1992: 6 appointments and 7 cessations. The latest: Akanksha Bector was appointed as Director on 14 Aug 2023.

Charges
A charge with Others amounted to Rs. 0.14 Cr with Charge ID 101341544 was registered on 13 Jul 2026.
Filing
Gratex Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Mumbai Ii.
Charges
A charge with Others amounted to Rs. 0.15 Cr with Charge ID 101221597 was registered on 05 Jan 2026.
AGM
Gratex Industries Limited last Annual general meeting of members was held on 16 Sep 2025 as per latest MCA records.
Charges
A charge registered on 30 Oct 1988 via Charge ID 90211843 with Citi Bank N.A. was fully satisfied on 18 Mar 2024.
Charges
A charge with Others amounted to Rs. 0.09 Cr with Charge ID 100817235 was registered on 31 Oct 2023.
Appointed
Akanksha Bector was appointed as Director.
Appointed
Neha Arora was appointed as Company Secretary.
Appointed
Prashant Sawant was appointed as Director.
Ceased
Bhagwatiprasad Mangal ceased to be Director.
Ceased
Krishna Prakash Bhardwaj ceased to be Whole-Time Director.
Ceased
Gurvinder Singh Saggu ceased to be Director.

23 earlier events are in the company report.

Frequently asked questions

Gratex Industries is an active public limited company based in Thane, Maharashtra, India. The company works in general e-commerce platforms, within the e-commerce industry. It was incorporated on 23 February 1984 (42+ years old) and is registered under CIN L21093MH1984PLC032248. Listed on BSE: 526751.

Gratex Industries reported revenue of ₹4.27 Cr for FY 2025-26 (up 13.9% YoY) based on standalone financials.

Gratex Industries has 6 current directors and KMP:

The latest financial statements of Gratex Industries on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 16 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Gratex Industries is 27AAACG1275A2Z4, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

The CIN (Corporate Identification Number) of Gratex Industries is L21093MH1984PLC032248. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Gratex Industries is a listed company as per MCA records. Its shares are listed on BSE (code: 526751).

Gratex Industries has 29 court cases on record: 25 filed by the company and 4 filed against it. 1 is pending. Most are in the high courts.

Gratex Industries was incorporated on 23 February 1984, making it 42+ years old. It is registered with the Registrar of Companies, Mumbai.

Gratex Industries has 2 deals on record (2 market trades); the latest was in August 2018.

Akanksha Bector was appointed as Director on 14 Aug 2023. Neha Arora was appointed as Company Secretary on 10 Nov 2020. Prashant Sawant was appointed as Director on 09 Jul 2019. Gratex Industries has 13 board changes on record in total.