About Shah Granites Private Limited
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Shah Granites Private Limited is a private limited company based in Mumabi, Maharashtra, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 22 August 1978 and has been in existence for over 48 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U15103MH1978PTC020593. The company has 4 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹9 Cr and a paid-up capital of ₹8.89 Cr. It is led by directors Gaurang Manilal Shah and Sonal Gaurang Shah.
Its last annual general meeting (AGM) was held on 29 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at Karamchand Mansion Barrackroad Behind Metro Cinema, Mumabi, Maharashtra, India – 400020.
As per the financials filed for FY 2017, the company reported a revenue of ₹34.12 Lakh. For the same year it recorded a net loss of ₹16.75 Lakh (net margin -49.1%) and EBITDA of -₹16.75 Lakh (EBITDA margin -49.1%). Revenue has declined at a compounded annual rate (CAGR) of 74% over three years.
As per MCA filings, the company has open charges of ₹27.55 Cr on record. Court records list 43 cases involving the company, including 2 filed by the company and 41 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website shahgranites.com.
Company details
Contact details
Shah Granites Private Limited's registered office is in Mumabi, Maharashtra. Its website is shahgranites.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressKaramchand Mansion Barrackroad Behind Metro Cinema, Mumabi, Maharashtra, India – 400020
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Shah Granites 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 Shah Granites Private Limited
FY 2017 filings availableShah Granites Private Limited reported revenue of ₹34.12 Lakh for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 74% over three years. EBITDA rose 69% 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹34.12 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹16.75 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹16.75 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 | |||
| Cash and Bank Balance | |||
| Total Assets | |||
Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -49.1% | ||
| Net Profit Margin | -49.1% | ||
| 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 Shah Granites Private Limited, buy the company report.
Board of directors of Shah Granites Private Limited
Shah Granites has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gaurang Manilal Shah | Director | 22 Aug 1978 | 48 Years 2 Months | Current |
| Sonal Gaurang Shah Also directs: Spenta Granite Private Limited | Director | 01 Jul 1996 | 30 Years 4 Months | Current |
Peer comparison
Shah Granites Private Limited is compared with the 3 companies closest to it by revenue in the Infrastructure industry (Construction Services), with the same principal business activity (roads, railways, utility projects), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mayances Construction & Engineering Services Private Limited | ₹34.14 Lakh (FY 2025) | -97.0% | Kanathur, Tamil Nadu, India | |||
| Shah Granites Private Limitedthis company | ₹34.12 Lakh (FY 2017) | -₹16.75 Lakh | -49.1% | Mumabi, Maharashtra, India | ||
| Ujwal Projects Private Limited | ₹34.08 Lakh (FY 2025) | -37.0% | Nagpur, Maharashtra, India | |||
| Nathan's Foundation Private Limited | ₹34.01 Lakh (FY 2022) | 86.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Shah Granites Private Limited, buy the company report.
Auditor
Shah Granites Private Limited is audited by I O DHARIA & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| I O DHARIA & CO | FY 2017 | 102460W |
Shareholding
The shareholding of Shah Granites Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Shah Granites Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Apr 2011 | 10286128 | Bank of India | ₹1 Cr | Open | |
| 29 Jan 2011 | 10265950 | Bank of India | ₹50 Lakh | Open | |
| 30 Dec 2008 | 10139330 | Bank of India | ₹1 Cr | Open | |
| 12 Dec 2005 | 90238567 | Bank of India | ₹24.03 Cr | Open | |
| 19 Aug 2005 | 90241555 | Bank of India | ₹70 Lakh | Open |
To see the full charge records of Shah Granites Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Shah Granites Private Limited has 43 court cases on record: 2 filed by Shah Granites, 41 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 38 | 38 | 0 |
| High courts | 4 | 2 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 43)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (CS CCC) | Filed against the company by Pelican Business Ventures Private Limited | Disposed |
| District court, West, Delhi | Court case (Civ DJ) | Filed against the company by Ms P.G. Associates Pvt Ltd | Disposed |
| Bombay High Court | Company petition | Filed against the company by Pelican Business Ventures Pvt Ltd | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss cases w) | Filed against the company by Ms. Sanghi Udyog India Pvt. Ltd. | Disposed |
| District court, Vadodara, Gujarat | Criminal complaint | Filed against the company by Shree Bhawani Insulation Pvt Ltd | Disposed |
To see the full case history of Shah Granites 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 Shah Granites Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Shah Granites Private Limited has 1 active EPFO establishment as of Mar 27, 2024.
GST
Shah Granites has 4 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 Shah Granites Private Limited, buy the company report.
Recent activity
Shah Granites Private Limited has 2 board changes on record since 1978: 2 appointments. The latest: Sonal Gaurang Shah was appointed as Director on 01 Jul 1996.
2 earlier events are in the company report.
Frequently asked questions
Shah Granites is an active private limited company based in Mumabi, Maharashtra, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 22 August 1978 (48+ years old) and is registered under CIN U15103MH1978PTC020593.
Shah Granites has 2 current directors:
- Gaurang Manilal Shah - Director
- Sonal Gaurang Shah - Director
The latest financial statements of Shah Granites on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 29 September 2017. Year-wise statements from 2015 are in the company report.
No. Shah Granites has 4 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Shah Granites is U15103MH1978PTC020593. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shah Granites has 43 court cases on record: 2 filed by the company and 41 filed against it. Most are in the district courts.
Shah Granites was incorporated on 22 August 1978, making it 48+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Shah Granites by revenue are Mayances Construction & Engineering Services Private Limited, Ujwal Projects Private Limited, Nathan's Foundation Private Limited, all in the Infrastructure industry (Construction Services), with the same principal business activity (roads, railways, utility projects).
Sonal Gaurang Shah was appointed as Director on 01 Jul 1996. Gaurang Manilal Shah was appointed as Director on 22 Aug 1978.
Shah Granites can be reached through the website shahgranites.com. Its registered office is in Mumabi, Maharashtra, India.
The registered office of Shah Granites is at Karamchand Mansion Barrackroad Behind Metro Cinema, Mumabi, Maharashtra, India – 400020.
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