Shail Granite Private Limited
About Shail Granite Private Limited
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Shail Granite Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the other mining and quarrying segment of the mining sector. It was incorporated on 22 March 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U14102GJ2002PTC040562. Its GSTIN is 29AAGCS5002F1ZK (Karnataka).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Niranjan Narasimha Bhandarkar and Lakshmish Narasimha Bhandarkar.
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 B – Wing 6th Floor B.D Patel House Naranpura, Ahmedabad, Gujarat, India – 380014.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.44 Lakh. For the same year it recorded a net profit of ₹4.08 Lakh (net margin 54.8%) and EBITDA of ₹7.13 Lakh (EBITDA margin 95.9%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years and 30% over five years.
As per MCA filings, the company has open charges of ₹98 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Shail Granite Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressB – Wing 6th Floor B.D Patel House Naranpura, Ahmedabad, Gujarat, India – 380014
- IndustryMining, Other Mining & Quarrying
To see the full contact details of Shail Granite 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
Business activity
The main business activity of Shail Granite is mining and quarrying. In detail, this covers other mining & quarrying activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| B | Mining and quarrying | B4 | Other Mining & Quarrying Activities |
To see the full business activity and turnover split of Shail Granite Private Limited, buy the company report.
Financials of Shail Granite Private Limited
FY 2025 filings availableShail Granite Private Limited reported revenue of ₹7.44 Lakh for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 30% over five years. EBITDA rose 3% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹7.13 Lakh | ||||
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| Net Profit (PAT) | ₹4.08 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 95.9% | ||||
| Net Profit Margin | 54.8% | ||||
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To see the full financial statements and ratios of Shail Granite Private Limited, buy the company report.
Board of directors of Shail Granite Private Limited
Shail Granite has 4 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rathna Lakshmish Bhandarkar | Additional Director | 23 Jul 2018 | 8 Years 3 Months | Current |
| Narasimhasumana Narasimha Bhandarkar | Additional Director | 23 Jul 2018 | 8 Years 3 Months | Current |
| Niranjan Narasimha Bhandarkar | Director | 27 Apr 2018 | 8 Years 6 Months | Current |
| Lakshmish Narasimha Bhandarkar | Director | 27 Apr 2018 | 8 Years 6 Months | Current |
Peer comparison
Shail Granite Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other mining & quarrying activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vintrac Enterprise Private Limited | ₹7.64 Lakh (FY 2018) | Villivakkam, Tamil Nadu, India | ||||
| Three Star Granites Pvt Ltd | ₹7.5 Lakh (FY 2025) | -71.0% | Thrissur, Kerala, India | |||
| Vibgyor Mining Solutions Private Limited | ₹7.5 Lakh (FY 2020) | Vasai East, Maharashtra, India | ||||
| Bankura Mines & Minerals Private Limited | ₹7.48 Lakh (FY 2024) | -92.0% | Barjora, West Bengal, India | |||
| Vmra Stone Metal Private Limited | ₹7.47 Lakh (FY 2021) | Manmad, Maharashtra, India | ||||
| Shail Granite Private Limitedthis company | ₹7.44 Lakh (FY 2024) | ₹4.08 Lakh | 54.8% | Ahmedabad, Gujarat, India | ||
| VKL Infrastructure Products Private Limited | ₹7.31 Lakh (FY 2025) | 45.0% | Thiruvananthapuram, Kerala, India | |||
| Pure Rock Sand Private Limited | ₹7.18 Lakh (FY 2025) | 12.0% | Thrissur, Kerala, India | |||
| Ativeer Earthmin Private Limited | ₹7.17 Lakh (FY 2025) | 397.0% | Udaipur, Rajasthan, India | |||
| Kashawati Limestone and Marble Private Limited | ₹7.17 Lakh (FY 2025) | -5.0% | Jaipur, Rajasthan, India | |||
| Shree Rana Marmostones Private Limited | ₹7.16 Lakh (FY 2024) | -76.0% | Ajmer, Rajasthan, India |
To see the full peer comparison of Shail Granite Private Limited, buy the company report.
Auditor
Shail Granite Private Limited is audited by RAGHURAM KAMATH & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAGHURAM KAMATH & CO | FY 2017 | 014244S |
Shareholding
The shareholding of Shail Granite 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 Shail Granite Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Mar 2013 | 10418514 | Corporation Bank | ₹98 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Shail Granite 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 Shail Granite Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Shail Granite has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCS5002F1ZK | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shail Granite Private Limited, buy the company report.
Recent activity
Shail Granite Private Limited has 17 board changes on record since 2008: 4 appointments and 13 cessations. The latest: Ram Charan Jat ceased to be Director on 24 Jul 2018.
9 earlier events are in the company report.
Frequently asked questions
Shail Granite is an active private limited company based in Ahmedabad, Gujarat, India. The company works in other mining and quarrying, within the mining industry. It was incorporated on 22 March 2002 (24+ years old) and is registered under CIN U14102GJ2002PTC040562.
Shail Granite has 4 current directors:
- Rathna Lakshmish Bhandarkar - Additional Director
- Narasimhasumana Narasimha Bhandarkar - Additional Director
- Niranjan Narasimha Bhandarkar - Director
- Lakshmish Narasimha Bhandarkar - Director
The latest financial statements of Shail Granite 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 Shail Granite is 29AAGCS5002F1ZK, registered in Karnataka.
The CIN (Corporate Identification Number) of Shail Granite is U14102GJ2002PTC040562. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shail Granite was incorporated on 22 March 2002, making it 24+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Shail Granite by revenue are Vintrac Enterprise Private Limited, Three Star Granites Pvt Ltd, Vibgyor Mining Solutions Private Limited, Bankura Mines & Minerals Private Limited, Vmra Stone Metal Private Limited and 5 more, all in the same principal business activity (other mining & quarrying activities).
Ram Charan Jat ceased to be Director on 24 Jul 2018. Shambhu Dayal Jat ceased to be Director on 24 Jul 2018. Narasimhasumana Narasimha Bhandarkar was appointed as Additional Director on 23 Jul 2018. Shail Granite has 17 board changes on record in total.
The registered office of Shail Granite is at B – Wing 6th Floor B.D Patel House Naranpura, Ahmedabad, Gujarat, India – 380014.
Shail Granite operates in the mining industry, in the other mining and quarrying segment.
Shail Granite has open charges of ₹98 Lakh and no satisfied charges on record as per latest MCA filings.