MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0154666
Panna Stones Private Limited - metals and minerals in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹1.74 Cr
▼ 10% YoY
Net profit · FY 2025
₹3.31 Lakh
Net margin 1.9%
EBITDA · FY 2025
₹38.25 Lakh
EBITDA margin 22%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Open charges
₹7.56 Cr
Satisfied ₹1.1 Cr
Company age
21 yrs
Est. 2005
Directors on board
3
As per MCA filings
About Panna Stones Private Limited
Data last updated:
Panna Stones Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the construction materials distribution segment of the metals and mining sector. It was incorporated on 16 November 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U14101KA2005PTC037678. Its GSTIN is 29AAECP0944P1ZV (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Shreya Bhutra and Santosh Bhutra.
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 Plot No.14(P) First Phase Jigani Industrial Area Jigani, Bangalore, Karnataka, India – 562106.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.74 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net profit of ₹3.31 Lakh (net margin 1.9%) and EBITDA of ₹38.25 Lakh (EBITDA margin 22%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 12% over five years.
The company is associated with 1 brand: Panna Stones. As per MCA filings, the company has open charges of ₹7.56 Cr and satisfied charges of ₹1.1 Cr on record. Court records list 13 cases involving the company, including 9 filed by the company and 4 filed against it; 3 cases are pending.
Panna Stones Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0154666). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pannastones.com.
Company details
CIN U14101KA2005PTC037678
Registration Number 037678
Incorporation Date 16 November 2005
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-KR-03-0154666
Recognitions & Rankings of Panna Stones
Contact details
Panna Stones Private Limited's registered office is in Bangalore, Karnataka. Its website is pannastones.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No.14(P) First Phase Jigani Industrial Area Jigani, Bangalore, Karnataka, India – 562106
- IndustryMetals and Minerals, Construction Materials Retail & Distribution
To see the full contact details of Panna Stones Private Limited, buy the company report.
Comprehensive company report
Panna 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Panna Stones operates one associated brand: Panna Stones. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Natural stones, particularly various granites, are processed and supplied by Panna Stones in the global market. | pannastones.com |
Business activity
The main business activity of Panna Stones is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers retail trade, except of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 47 | Retail trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of Panna Stones Private Limited, buy the company report.
Financials of Panna Stones Private Limited
FY 2025 filings availablePanna Stones Private Limited reported revenue of ₹1.74 Cr (down 10% YoY) for FY 2025.
Revenue · FY 2025
₹1.74 Cr ▼ 10%
Net profit · FY 2025
₹3.31 Lakh margin 1.9%
EBITDA · FY 2025
₹38.25 Lakh margin 22%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 10%
3 years · compounded
▼ 20%
5 years · compounded
▲ 12%
EBITDA CAGR growth
1 year
▼ 35%
3 years · compounded
▼ 28%
5 years · compounded
▲ 11%
Revenue fell 10% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 12%. EBITDA fell 35% 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 |
|---|---|---|---|---|---|
| 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 | ₹38.25 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.31 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 22% | ||||
| Net Profit Margin | 1.9% | ||||
| 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 Panna Stones Private Limited, buy the company report.
Board of directors of Panna Stones Private Limited
Panna Stones has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shreya Bhutra | Director | 19 Aug 2020 | 6 Years 2 Months | Current |
| Santosh Bhutra Also directs: Granite Palace (India) Private Limited | Director | 23 Feb 2006 | 20 Years 8 Months | Current |
| Rameshwarlal Bhutra | Director | 23 Feb 2006 | 20 Years 8 Months | Current |
Auditor
Panna Stones Private Limited is audited by Satpal Gupta for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Satpal Gupta | FY 2023 | 018462 |
Shareholding
The shareholding of Panna 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 Panna Stones Private Limited, buy the company report.
Charges & borrowings
Open charges
₹7.56 Cr
Satisfied charges
₹1.1 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Sep 2025 | 101172874 | Others | ₹5 Cr | Open | |
| 15 Mar 2008 | 10094667 | State Bank of India | ₹2.56 Cr | Open | |
| 17 Mar 2007 | 10043257 | Karnataka State Financial Corporation | ₹1.1 Cr | Satisfied |
To see the full charge records of Panna Stones Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Panna Stones Private Limited has 13 court cases on record: 9 filed by Panna Stones, 4 filed against it. 3 cases are pending and 10 are disposed.
Total cases
13
Filed by the company
9
Filed against the company
4
Pending
3
Disposed
10
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 4 | 2 |
| District courts | 6 | 0 | 1 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (Com.EX.) | Filed by the company against M/S Select Granite India Pvt Ltd | Pending |
| High Court | Appeal | Filed against the company by M/S Select Granite India Pvt Ltd | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed by the company against M/S Select Granite India Pvt Ltd | Disposed |
| High Court | Arbitration matter | Filed against the company by M/S Shri Gora Ji Marble | Pending |
| District court, BENGALURU RURAL, Karnataka | Court case (Com.EX.) | Filed by the company against an individual | Disposed |
To see the full case history of Panna Stones 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 Panna Stones Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Panna Stones has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECP0944P1ZV | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Panna Stones Private Limited, buy the company report.
Recent activity
Panna Stones Private Limited has 6 board changes on record since 2006: 3 appointments and 3 cessations. The latest: Shreya Bhutra ceased to be Additional Director on 31 Dec 2020.
AGM
Panna Stones Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 500.00 Lakh with Charge ID 101172874 was registered on 27 Sep 2025.
Filing
Panna Stones Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Shreya Bhutra ceased to be Additional Director.
Charges
A charge with State Bank Of India of Rs. 256.00 Lakh registered on 15 Mar 2008 with Charge ID 10094667 was modified on 15 Dec 2020.
Appointed
Shreya Bhutra was appointed as Director.
Ceased
Arvind Jain ceased to be Director.
Ceased
Pawan Kotecha ceased to be Director.
Charges
A charge registered on 17 Mar 2007 via Charge ID 10043257 with Karnataka State Financial Corporation was fully satisfied on 22 Jul 2011.
Charges
A charge with State Bank Of India amounted to Rs. 256.00 Lakh with Charge ID 10094667 was registered on 15 Mar 2008.
Charges
A charge with Karnataka State Financial Corporation amounted to Rs. 110.00 Lakh with Charge ID 10043257 was registered on 17 Mar 2007.
Appointed
Rameshwarlal Bhutra was appointed as Director.
2 earlier events are in the company report.
Frequently asked questions
Panna Stones is an active private limited company based in Bangalore, Karnataka, India. The company works in construction materials retail and distribution, within the metals and minerals industry. It was incorporated on 16 November 2005 (21+ years old) and is registered under CIN U14101KA2005PTC037678.
Panna Stones has 3 current directors:
- Shreya Bhutra - Director
- Santosh Bhutra - Director
- Rameshwarlal Bhutra - Director
The latest financial statements of Panna 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 Panna Stones is 29AAECP0944P1ZV, registered in Karnataka.
The CIN (Corporate Identification Number) of Panna Stones is U14101KA2005PTC037678. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Panna Stones has 13 court cases on record: 9 filed by the company and 4 filed against it. 3 are pending. Most are in the high courts.
Panna Stones was incorporated on 16 November 2005, making it 21+ years old. It is registered with the Registrar of Companies, Bangalore.
Shreya Bhutra ceased to be Additional Director on 31 Dec 2020. Shreya Bhutra was appointed as Director on 19 Aug 2020. Arvind Jain ceased to be Director on 25 Jan 2016. Panna Stones has 6 board changes on record in total.
Yes, Panna Stones is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0154666).
Panna Stones can be reached through the website pannastones.com. Its registered office is in Bangalore, Karnataka, India.