MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-01-0005264
Oracle Granito Limited - manufacturing in Himatnagar, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹80.02 Cr
▼ 17% YoY
Net profit · FY 2024
₹18.61 Lakh
Net margin 0.2%
EBITDA · FY 2024
₹5.25 Cr
EBITDA margin 6.6%
Authorised capital
₹9.25 Cr
Registered with MCA
Paid-up capital
₹7.54 Cr
Issued & subscribed
Open charges
₹87.88 Cr
Satisfied ₹421.69 Cr
Company age
23 yrs
Est. 2003
Employees · EPFO
56
Provident fund records
About Oracle Granito Limited
Data last updated:
Oracle Granito Limited is a public limited company based in Himatnagar, Gujarat, India. It operates in the ceramics segment of the manufacturing sector. It was incorporated on 04 August 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U14102GJ2003PLC042718. Its GSTIN is 24AAACO6238P1Z3 (Gujarat). The company holds 12 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹9.25 Cr and a paid-up capital of ₹7.54 Cr. It is led by directors including Ashwin Maganbhai Patel (Managing Director) and Pragneshkumar Shankarlal Patel (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Block No. 286 Talod Road At And Post – Gadhoda Taluka – Himatnagar, Gujarat, India – 383001.
As per the financials filed for FY 2024, the company reported a revenue of ₹80.02 Cr, a decline of 17% compared to the previous year. For the same year it recorded a net profit of ₹18.61 Lakh (net margin 0.2%) and EBITDA of ₹5.25 Cr (EBITDA margin 6.6%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years and 3% over five years.
The company has about 56 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Marbito. As per MCA filings, the company has open charges of ₹87.88 Cr and satisfied charges of ₹421.69 Cr on record. Court records list 325 cases involving the company, including 314 filed by the company and 9 filed against it; 51 cases are pending.
Oracle Granito Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0005264). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website marbitotile.com.
Company Details of Oracle Granito Limited
CIN U14102GJ2003PLC042718
Registration Number 042718
Incorporation Date 04 August 2003
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-01-0005264
Key People
Ashwin Maganbhai Patel Managing Director Pragneshkumar Shankarlal Patel Whole-Time Director Jayantibhai Valjibhai Patel Whole-Time Director Recognitions & Rankings of Oracle Granito
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressBlock No. 286 Talod Road At And Post – Gadhoda Taluka – Himatnagar, Gujarat, India – 383001
- IndustryManufacturing, Ceramics, Sanitaryware & Tile
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Associated Brands with Oracle Granito Limited
Oracle Granito operates one associated brand: MARBITO. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures and supplies vitrified tiles for domestic and international markets. | marbitotile.com |
Business Activity of Oracle Granito Limited
The main business activity of Oracle Granito is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Oracle Granito Limited FY 2024 filings available
Oracle Granito Limited reported revenue of ₹80.02 Cr (down 17% YoY) for FY 2024.
Revenue · FY 2024
₹80.02 Cr ▼ 17%
Net profit · FY 2024
₹18.61 Lakh margin 0.2%
EBITDA · FY 2024
₹5.25 Cr margin 6.6%
Compounded Annual Growth Rate (CAGR) of Oracle Granito Limited
Revenue CAGR growth
1 year
▼ 17%
3 years · compounded
▼ 4%
5 years · compounded
▼ 3%
EBITDA CAGR growth
1 year
▲ 388%
3 years · compounded
▼ 10%
5 years · compounded
▼ 9%
Revenue has declined at a compounded annual rate (CAGR) of 3% over five years, including a 17% fall in the latest year. EBITDA rose 388% 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 of Oracle Granito Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹5.25 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹18.61 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 of Oracle Granito Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.2% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Oracle Granito are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
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Verified entity values are shown only after access is granted.
Board of Directors of Oracle Granito Limited
Oracle Granito has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinodkumar Maganlal Patel Also directs: Amron Ceramic LLP | Director | 01 Apr 2006 | 20 Years 6 Months | Current |
| Ashwin Maganbhai Patel Also directs: Marbito Tiles Private Limited | Managing Director | 01 Sep 2003 | 23 Years 1 Months | Current |
| Pragneshkumar Shankarlal Patel Also directs: Amron Ceramic LLP, Gaurinandan Cold Storage LLP | Whole-Time Director | 01 Nov 2009 | 16 Years 11 Months | Current |
| Jayantibhai Valjibhai Patel | Whole-Time Director | 01 Apr 2006 | 20 Years 6 Months | Current |
Peer Comparison of Oracle Granito Limited
Oracle Granito Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Ceramics, Sanitaryware and Tiles). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| G K Stones India Private Limited | ₹80.65 Cr (FY 2024) | •••• | •••• | 32.0% | •••• | Chennai, Tamil Nadu, India |
| Camrola Quartz Limited | ₹80.5 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Ahmedabad, Gujarat, India |
| Zarko Granito Private Limited | ₹80.43 Cr (FY 2025) | •••• | •••• | -17.0% | •••• | Morbi, Gujarat, India |
| MQ Surfaces Private Limited | ₹80.17 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Nathdwara, Rajasthan, India |
| Sati Granites (India) Private Limited | ₹80.08 Cr (FY 2023) | •••• | •••• | 44.0% | •••• | Bangalore, Karnataka, India |
| Oracle Granito Limited this company | ₹80.02 Cr (FY 2024) | •••• | •••• | -17.0% | •••• | Himatnagar, Gujarat, India |
| Monier Roofing Private Limited | ₹79.3 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Kozhikode, Kerala, India |
| Elica Vitrified Private Limited | ₹77.87 Cr (FY 2024) | •••• | •••• | 6.0% | •••• | Ghuntu, Gujarat, India |
| Stone Exporters (India) Private Limited | ₹77.84 Cr (FY 2023) | •••• | •••• | -48.0% | •••• | Hyderabad, Telangana, India |
| Marmola Vitrified Private Limited | ₹77.09 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | Morbi, Gujarat, India |
| Adoration Ceramica Private Limited | ₹76.93 Cr (FY 2025) | •••• | •••• | -29.0% | •••• | Morbi, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Oracle Granito by revenue in the Manufacturing industry (Ceramics, Sanitaryware and Tiles), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Oracle Granito Limited
Oracle Granito Limited is audited by SUNIL PODDAR & CO for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SUNIL PODDAR & CO | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Oracle Granito Limited
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Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Oracle Granito Limited
Open charges
₹87.88 Cr
Satisfied charges
₹421.69 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 May 2025 | Axis Bank Limited | ₹10 Cr | Open |
| 29 Aug 2020 | Axis Bank Limited | ₹43.94 Cr | Open |
| 05 Feb 2020 | Axis Bank Limited | ₹33.94 Cr | Open |
| 28 Apr 2015 | Icici Bank Limited | ₹16.89 Lakh | Satisfied |
| 24 Jun 2014 | Bank of Baroda | ₹2 Cr | Satisfied |
Total charge records: 20 View all charges
Legal Cases of Oracle Granito Limited
Oracle Granito Limited has 325 court cases on record: 314 filed by Oracle Granito, 9 filed against it, 2 where it is another party. 51 cases are pending and 274 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Total cases
325
Filed by the company
314
Filed against the company
9
Pending
51
Disposed
274
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 321 | 9 | 51 |
| High courts | 4 | 0 | 0 |
Cases on record (5 of 325)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Execution petition | Filed by the company against Prabhavathi Builders and Developers Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Execution petition | Filed by the company against Hoysala Projects Private Limited | Disposed |
| District court, Palakkad, Kerala | Execution petition | Filed by the company against S S Enterprises Private Limited | Disposed |
| District court, Sabarkantha at Himmatnagar, Gujarat | Court case (SMST R) | Filed by the company against Rishikesh Marble & Granite Pvt Ltd | Disposed |
| District court, Sabarkantha at Himmatnagar, Gujarat | Criminal complaint | Filed by the company against an individual | Pending |
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Full case history
All 325 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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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.
Employees and EPFO Compliance at Oracle Granito Limited
Oracle Granito Limited has a workforce of 56 employees as of Apr 06, 2024.
Employee count
56
Active EPFO establishments
1
Employee growth
-16.42%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Oracle Granito Limited
Oracle Granito Limited has 10 board changes on record since 2003: 4 appointments and 6 cessations. The latest: Jayantibhai Valjibhai Patel ceased to be Director on 31 Oct 2024.
Charges
A charge with Axis Bank Limited of Rs. 43.94 Cr registered on 29 Aug 2020 with Charge ID 100370739 was modified on 30 Aug 2025.
Charges
A charge with Axis Bank Limited amounted to Rs. 10.00 Cr with Charge ID 101121498 was registered on 19 May 2025.
Ceased
Jayantibhai Valjibhai Patel ceased to be Director.
AGM
Oracle Granito Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Oracle Granito Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge with Axis Bank Limited of Rs. 33.94 Cr registered on 05 Feb 2020 with Charge ID 100326916 was modified on 16 Jan 2023.
Charges
A charge registered on 28 Apr 2015 via Charge ID 10569478 with Icici Bank Limited was fully satisfied on 13 Oct 2020.
Charges
A charge with Axis Bank Limited amounted to Rs. 43.94 Cr with Charge ID 100370739 was registered on 29 Aug 2020.
Charges
A charge registered on 24 Jun 2014 via Charge ID 10504576 with Bank Of Baroda was fully satisfied on 13 Aug 2020.
Charges
A charge registered on 25 Sep 2013 via Charge ID 10452149 with Others was fully satisfied on 13 Aug 2020.
Charges
A charge registered on 20 Mar 2013 via Charge ID 10414027 with Others was fully satisfied on 13 Aug 2020.
Charges
A charge with Axis Bank Limited amounted to Rs. 33.94 Cr with Charge ID 100326916 was registered on 05 Feb 2020.
46 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Oracle Granito Limited
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MSME Payment Delays by Oracle Granito Limited
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Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of Oracle Granito Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Oracle Granito Limited
Oracle Granito has 12 GST registrations: 1 active and 11 cancelled or inactive.
Total GSTINs
12
Active
1
Cancelled / inactive
11
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACO6238P1Z3 | Gujarat | Active | 01 Jul 2017 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Oracle Granito Limited
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Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
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Frequently Asked Questions about Oracle Granito Limited
Oracle Granito is an active public limited company based in Himatnagar, Gujarat, India. The company works in ceramics, within the manufacturing industry. It was incorporated on 04 August 2003 (23+ years old) and is registered under CIN U14102GJ2003PLC042718.
Oracle Granito reported revenue of ₹80.02 Cr for FY 2024 (down 17% YoY).
Oracle Granito has 4 current directors:
- Ashwin Maganbhai Patel - Managing Director
- Pragneshkumar Shankarlal Patel - Whole-Time Director
- Jayantibhai Valjibhai Patel - Whole-Time Director
- Vinodkumar Maganlal Patel - Director
Oracle Granito reported a net profit of ₹18.61 Lakh (net margin 0.2%) and EBITDA of ₹5.25 Cr (EBITDA margin 6.6%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Oracle Granito is -4% over three years and -3% over five years. In the latest year (FY 2024) revenue fell 17%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Oracle Granito is 24AAACO6238P1Z3, registered in Gujarat. The company has 12 GST registrations in all, of which 1 is active and 11 are cancelled or inactive.
The CIN (Corporate Identification Number) of Oracle Granito is U14102GJ2003PLC042718. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Oracle Granito has 325 court cases on record: 314 filed by the company and 9 filed against it. 51 are pending. Most are in the district courts.
Oracle Granito was incorporated on 04 August 2003, making it 23+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Oracle Granito by revenue are G K Stones India Private Limited, Camrola Quartz Limited, Zarko Granito Private Limited, MQ Surfaces Private Limited, Sati Granites (India) Private Limited and 5 more, all in the Manufacturing industry (Ceramics, Sanitaryware and Tiles).
Jayantibhai Valjibhai Patel ceased to be Director on 31 Oct 2024. Devchand Bhai Mulajibhai Patel ceased to be Whole-Time Director on 28 Jan 2014. Harshadkumar Dhirubhai Patel ceased to be Managing Director on 28 Jan 2014. Oracle Granito has 10 board changes on record in total.