Palash Stones Private Limited
About Palash Stones Private Limited
Data last updated:
Palash Stones Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the ceramics, sanitaryware and tile segment of the manufacturing sector. It was incorporated on 23 October 2010.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U14220MH2010PTC209375. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹25 Lakh and a paid-up capital of ₹5 Lakh.
Its last annual general meeting (AGM) was held on 27 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at 30 Jalaram Nagar 2nd Floor Ganjawala Lane Chamunda Circle Borivali West, Mumbai, Maharashtra, India – 400092.
As per the financials filed for FY 2019, the company reported a revenue of ₹2.88 Lakh, a decline of 18% compared to the previous year. For the same year it recorded a net profit of ₹4,912 (net margin 1.7%) and EBITDA of ₹2.88 Lakh (EBITDA margin 100%). Revenue has declined at a compounded annual rate (CAGR) of 75% over three years.
As per MCA filings, the company has satisfied charges of ₹1.92 Cr on record.
Company details
Contact details
Palash Stones Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address30 Jalaram Nagar 2nd Floor Ganjawala Lane Chamunda Circle Borivali West, Mumbai, Maharashtra, India – 400092
- IndustryManufacturing, Ceramics, Sanitaryware & Tile
To see the full contact details of Palash Stones Private 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
Financials of Palash Stones Private Limited
FY 2019 filings availablePalash Stones Private Limited reported revenue of ₹2.88 Lakh (down 18% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 75% over three years, including a 18% fall 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Total Expenses | |||||
| EBITDA | ₹2.88 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4,912 | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 100% | ||||
| Net Profit Margin | 1.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Palash Stones Private Limited, buy the company report.
Board of directors of Palash Stones Private Limited
Palash Stones has 4 former directors on record and no current directors listed.
Peer comparison
Palash Stones Private Limited is compared with the 10 companies closest to it by revenue in the Manufacturing industry (Ceramics, Sanitaryware and Tiles), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bengal Minerals Private Limited | ₹3 Lakh (FY 2025) | 25.0% | Bikaner, Rajasthan, India | |||
| Sten Glass and Ceramics Private Limited | ₹2.92 Lakh (FY 2024) | 249.0% | Himatnagar, Gujarat, India | |||
| Century Quartz India Limited | ₹2.9 Lakh (FY 2025) | 625.0% | Himatnagar, Gujarat, India | |||
| Accord Ceramics Private Limited | ₹2.89 Lakh (FY 2024) | -8.0% | Morbi, Gujarat, India | |||
| Simcera Designs Private Limited | ₹2.89 Lakh (FY 2025) | 1480.0% | Ghaziabad, Uttar Pradesh, India | |||
| Palash Stones Private Limitedthis company | ₹2.88 Lakh (FY 2019) | ₹4,912 | 1.7% | -18.0% | Mumbai, Maharashtra, India | |
| Chandresh Marble Pvt Ltd. | ₹2.79 Lakh (FY 2024) | 0.0% | Udaipur, Rajasthan, India | |||
| Sri Rama Ceramics Private Limited | ₹2.77 Lakh (FY 2025) | 50.0% | Hyderabad, Telangana, India | |||
| Spentika Ceramic Private Limited | ₹2.71 Lakh (FY 2025) | -98.0% | Lakaddhar, Gujarat, India | |||
| Silvenia Ceramic Private Limited | ₹2.65 Lakh (FY 2025) | -99.0% | Dist: Rajkot, Gujarat, India | |||
| Mahadeva Stones Private Limited | ₹2.6 Lakh (FY 2022) | Mahasamund, Chhattisgarh, India |
To see the full peer comparison of Palash Stones Private Limited, buy the company report.
Auditor
Palash Stones Private Limited is audited by C.L. OSTWAL AND COMPANY for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C.L. OSTWAL AND COMPANY | FY 2017 | 002850C |
Shareholding
The shareholding of Palash Stones Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Palash Stones Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Sep 2014 | 10545378 | Bank of Baroda | ₹50 Lakh | Satisfied | |
| 30 May 2013 | 10432835 | Icici Bank Limited | ₹15 Lakh | Satisfied | |
| 26 Mar 2012 | 10347683 | Tata Capital Financial Services Limited | ₹6.48 Lakh | Satisfied | |
| 23 Mar 2012 | 10347680 | Tata Capital Financial Services Limited | ₹6.8 Lakh | Satisfied | |
| 20 Mar 2012 | 10347685 | Tata Capital Financial Services Limited | ₹78.3 Lakh | Satisfied |
To see the full charge records of Palash Stones Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
No court or tribunal cases involving Palash Stones Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Palash Stones Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Palash Stones has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Palash Stones Private Limited, buy the company report.
Recent activity
Palash Stones Private Limited has 4 board changes on record since 2011: 0 appointments and 4 cessations. The latest: Chunni Lal Kalal ceased to be Director on 11 Feb 2020.
7 earlier events are in the company report.
Frequently asked questions
Palash Stones has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Palash Stones was a private limited company based in Mumbai, Maharashtra, India. The company worked in ceramics, sanitaryware and tile, within the manufacturing industry. It was incorporated on 23 October 2010 and is registered under CIN U14220MH2010PTC209375. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Palash Stones is U14220MH2010PTC209375. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Palash Stones was incorporated on 23 October 2010. It is registered with the Registrar of Companies, Mumbai.
The registered office of Palash Stones is at 30 Jalaram Nagar 2nd Floor Ganjawala Lane Chamunda Circle Borivali West, Mumbai, Maharashtra, India – 400092.
The latest financial statements of Palash Stones on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 27 September 2019. Year-wise statements from 2015 are in the company report.
No. Palash Stones has 1 GST registration on record and it is cancelled or inactive.
Palash Stones operated in the manufacturing industry, in the ceramics, sanitaryware and tile segment.
The peers of Palash Stones by revenue are Bengal Minerals Private Limited, Sten Glass and Ceramics Private Limited, Century Quartz India Limited, Accord Ceramics Private Limited, Simcera Designs Private Limited and 5 more, all in the Manufacturing industry (Ceramics, Sanitaryware and Tiles).
Chunni Lal Kalal ceased to be Director on 11 Feb 2020. Rohit Kalal ceased to be Director on 11 Feb 2020. Krishna Bhooraram Purohit ceased to be Director on 20 Feb 2017. Palash Stones has 4 board changes on record in total.
Palash Stones has no open charges and satisfied charges of ₹1.92 Cr as per latest MCA filings.
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