- Category
- Small (2023-24)
- Udyam number
- UDYAM-RJ-33-0012029

About Shiva Granito Export Limited
Data last updated:
Shiva Granito Export Limited is a public limited company based in Udaipur, Rajasthan, India. It operates in the ceramics segment of the manufacturing sector. It was incorporated on 31 December 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN L14200RJ2015PLC048974. Its GSTIN is 08AAWCS5756N1Z6 (Rajasthan). It is a listed company as per MCA records. Its shares are listed on BSE: 540072.
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹13.5 Cr. It is led by directors including Abhinav Upadhyay (Managing Director) and Rachna Upadhyaya.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 8 Bhatt Ji Ki Baari, Udaipur, Rajasthan, India – 313001.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹11.73 Cr, a growth of 36.4% compared to the previous year. For the same year it recorded a net loss of ₹6 Lakh (net margin -0.5%) and EBITDA of ₹69 Lakh (EBITDA margin 5.9%). The net worth stands at ₹23.94 Cr (up 2.9% YoY). Total assets are valued at ₹31.56 Cr (up 3.6% YoY).
The company is associated with 1 brand: Shiva Granito Export. As per MCA filings, the company has open charges of ₹2.5 Cr and satisfied charges of ₹5.49 Cr on record. Court records list 15 cases involving the company, including 3 filed by the company and 12 filed against it; 5 cases are pending. The company has 70 deals on record (68 market trades, 1 secondary share transfer, 1 ipo); the latest was in September 2026.
Shiva Granito Export Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-RJ-33-0012029). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shivaexport.in.
Company details
CIN history
Shiva Granito Export has one previous CIN (Corporate Identification Number): U14200RJ2015PLC048974. The current CIN is L14200RJ2015PLC048974, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L14200RJ2015PLC048974 | Current |
| U14200RJ2015PLC048974 | Previous |
Recognitions & Rankings of Shiva Granito Export
Contact details
Shiva Granito Export Limited's registered office is in Udaipur, Rajasthan. Its website is shivaexport.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address8 Bhatt Ji Ki Baari, Udaipur, Rajasthan, India – 313001
- IndustryManufacturing, Ceramics, Sanitaryware & Tile
To see the full contact details of Shiva Granito Export 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
Brands
Shiva Granito Export operates one associated brand: Shiva Granito Export. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Exports marble and granites while manufacturing quartz slabs and related products. | shivaexport.in |
Business activity
The main business activity of Shiva Granito Export is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Shiva Granito Export Limited, buy the company report.
Financials of Shiva Granito Export Limited
FY 2025-26 filings availableShiva Granito Export Limited reported revenue of ₹11.73 Cr (up 36.4% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · StandaloneRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 11.73 | 8.60 | 5.44 | 4.85 | 9.01 | 6.37 | 14.48 |
| Revenue growth | +36.4% | +58.1% | +12.2% | -46.2% | +41.4% | -56.0% | - |
| EBITDA | 0.69 | 0.70 | 0.38 | (6.66) | 1.21 | 1.48 | 1.38 |
| EBITDA margin | +5.9% | +8.1% | +7.0% | -137.3% | +13.4% | +23.2% | +9.5% |
| Profit before tax | 0.01 | 0.06 | 1.16 | (7.51) | 0.19 | 0.15 | 0.18 |
| Net profit | (0.06) | 0.01 | 0.74 | 0.04 | 0.11 | 0.00 | (0.13) |
| Net profit margin | -0.5% | +0.1% | +13.6% | +0.8% | +1.2% | 0.0% | -0.9% |
| EPS (₹) | (0.04) | 0.02 | 0.63 | (5.76) | 0.08 | 0.00 | (0.12) |
| Balance sheet | |||||||
| Total assets | 31.56 | 30.45 | 21.34 | 12.22 | 20.84 | 22.21 | 23.74 |
| Net worth | 23.94 | 23.27 | 15.03 | 6.63 | 14.24 | 14.14 | 14.14 |
| Total debt | 4.12 | 5.19 | 5.36 | 4.13 | 5.05 | 5.47 | 7.44 |
| Cash & bank | 0.82 | 0.83 | 0.22 | 0.06 | 0.00 | 0.02 | 0.02 |
| Net working capital | 14.51 | 16.80 | 7.69 | 5.86 | 6.11 | 5.75 | 16.50 |
| Cash flow | |||||||
| Cash from operations | 1.10 | (7.65) | 7.34 | (6.32) | 0.90 | 2.38 | (0.29) |
| Cash from investing | (0.34) | 0.80 | (8.10) | 7.61 | (0.13) | 0.19 | 1.34 |
| Cash from financing | (0.77) | 7.46 | 0.92 | (1.23) | (0.78) | (2.57) | (1.12) |
Financial Statements
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 11.73 | 8.60 | 5.44 | 4.85 | 9.01 | 6.37 | 14.48 |
| Revenue growth | +36.4% | +58.1% | +12.2% | -46.2% | +41.4% | -56.0% | - |
| Other income | 0.05 | 0.06 | 1.27 | 0.03 | 0.04 | 0.09 | 0.49 |
| Total expenses | 11.04 | 7.90 | 5.06 | 11.51 | 7.80 | 4.89 | 13.10 |
| Employee cost | 0.00 | 0.25 | 0.17 | 0.79 | 2.04 | 1.15 | 1.01 |
| EBITDA | 0.69 | 0.70 | 0.38 | (6.66) | 1.21 | 1.48 | 1.38 |
| EBITDA margin | +5.9% | +8.1% | +7.0% | -137.3% | +13.4% | +23.2% | +9.5% |
| Depreciation | 0.29 | 0.22 | 0.18 | 0.56 | 0.71 | 0.81 | 0.62 |
| Interest | 0.44 | 0.48 | 0.31 | 0.32 | 0.35 | 0.61 | 1.07 |
| Profit before tax | 0.01 | 0.06 | 1.16 | (7.51) | 0.19 | 0.15 | 0.18 |
| Tax | 0.07 | 0.05 | 0.33 | 0.11 | 0.08 | 0.15 | 0.31 |
| Net profit | (0.06) | 0.01 | 0.74 | 0.04 | 0.11 | 0.00 | (0.13) |
| Net profit margin | -0.5% | +0.1% | +13.6% | +0.8% | +1.2% | 0.0% | -0.9% |
| EPS (₹) | (0.04) | 0.02 | 0.63 | (5.76) | 0.08 | 0.00 | (0.12) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 13.22 | 13.22 | 13.22 | 13.22 | 13.22 | 13.22 | 13.22 |
| Reserves & surplus | 1.77 | 1.83 | 1.81 | (6.59) | 1.02 | 0.92 | 0.92 |
| Shareholders' funds (net worth) | 23.94 | 23.27 | 15.03 | 6.63 | 14.24 | 14.14 | 14.14 |
| Secured loans | 2.52 | 2.45 | 2.63 | 2.52 | 2.61 | 2.71 | 6.04 |
| Unsecured loans | 1.60 | 2.74 | 2.73 | 1.61 | 2.44 | 2.76 | 1.40 |
| Total debt | 4.12 | 5.19 | 5.36 | 4.13 | 5.05 | 5.47 | 7.44 |
| Total liabilities | 31.56 | 30.45 | 21.34 | 12.22 | 20.84 | 22.21 | 23.74 |
| Assets | |||||||
| Gross block | 15.10 | 14.74 | 14.09 | 14.98 | 14.09 | 14.09 | 13.78 |
| Net block | 4.93 | 4.86 | 4.42 | 4.98 | 4.64 | 5.35 | 5.85 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventories | 9.46 | 8.52 | 7.29 | 7.10 | 3.72 | 2.95 | 3.81 |
| Sundry debtors | 7.97 | 5.50 | 1.32 | 0.32 | 4.40 | 3.82 | 14.60 |
| Cash & bank balances | 0.82 | 0.83 | 0.22 | 0.06 | 0.00 | 0.02 | 0.02 |
| Loans & advances | 2.04 | 4.13 | 0.71 | 0.86 | 0.68 | 0.32 | 0.12 |
| Total current assets | 20.29 | 18.98 | 9.54 | 8.34 | 8.80 | 7.11 | 18.55 |
| Total current liabilities | 5.78 | 2.18 | 1.85 | 2.48 | 2.69 | 1.36 | 2.05 |
| Net working capital | 14.51 | 16.80 | 7.69 | 5.86 | 6.11 | 5.75 | 16.50 |
| Total assets | 31.56 | 30.45 | 21.34 | 12.22 | 20.84 | 22.21 | 23.74 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.83 | 0.22 | 0.06 | 0.00 | 0.02 | 0.02 | 0.09 |
| Net cash from operating activities | 1.10 | (7.65) | 7.34 | (6.32) | 0.90 | 2.38 | (0.29) |
| Net cash from investing activities | (0.34) | 0.80 | (8.10) | 7.61 | (0.13) | 0.19 | 1.34 |
| Net cash from financing activities | (0.77) | 7.46 | 0.92 | (1.23) | (0.78) | (2.57) | (1.12) |
| Net change in cash | (0.01) | 0.61 | 0.16 | 0.06 | (0.01) | 0.00 | (0.07) |
| Closing cash | 0.82 | 0.83 | 0.22 | 0.06 | 0.00 | 0.02 | 0.02 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +36.4% | +58.1% | +12.2% | -46.2% | +41.4% | -56.0% | - |
| EBITDA growth | -1.4% | +84.2% | +105.7% | -650.4% | -18.2% | +7.3% | - |
| PBT growth | -83.3% | -94.8% | +9998.0% | - | +26.7% | -16.7% | -61.7% |
| Net income growth | -700.0% | -98.7% | +1750.0% | -63.6% | - | +100.0% | - |
| Revenue CAGR (3Y) | +34.2% | -1.5% | -5.1% | -30.6% | -16.5% | -33.2% | -8.8% |
| EBITDA CAGR (3Y) | - | -16.7% | -36.4% | - | -17.8% | -15.7% | -21.1% |
| Profitability & leverage | |||||||
| Net income margin | -0.5% | +0.1% | +15.3% | -157.1% | +1.2% | 0.0% | -0.9% |
| Return on capital employed | - | +2.1% | +8.0% | 0.0% | +2.4% | +3.4% | 0.0% |
| Return on net worth | - | +0.1% | +6.7% | 0.0% | +0.7% | 0.0% | 0.0% |
| Debt / equity | - | 0.28 | 0.44 | 0.44 | 0.37 | 0.46 | 0.52 |
| Long-term debt / equity | - | 0.11 | 0.12 | 0.05 | 0.04 | 0.15 | 0.24 |
| Interest cover | 110.00 | 100.00 | 155.00 | -4.43 | 70.00 | 91.04 | 140.79 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 0.60 | 0.37 | 0.33 | 0.64 | 0.46 | 1.05 |
| Inventory turnover | - | 1.09 | 0.76 | 0.90 | 2.70 | 1.88 | 4.52 |
| Debtors turnover | - | 2.52 | 6.63 | 2.06 | 2.19 | 0.69 | 0.91 |
| EPS (₹) | (0.04) | 0.02 | 0.63 | (5.76) | 0.08 | 0.00 | (0.12) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 17.60 | 11.37 | 5.01 | 10.77 | 10.70 | 10.70 |
To see the full year-wise statements and ratios of Shiva Granito Export Limited, buy the company report.
Board of directors of Shiva Granito Export Limited
Shiva Granito Export 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 |
|---|---|---|---|---|
| Rachna Upadhyaya | Director | 29 Sep 2017 | 9 Years 0 Months | Current |
| Abhinav Upadhyay Also directs: Shiva Explosives India Private Limited | Managing Director | 18 Aug 2021 | 5 Years 2 Months | Current |
| Rekha Panwar | Additional Director | 11 Aug 2026 | 0 Years 2 Months | Current |
| Krati Maheshwari Also directs: Manglam Global Corporations Limited, Mewar Hi-Tech Engineering Limited, Oneclick Logistics India Limited and 2 more | Additional Director | 11 Aug 2026 | 0 Years 2 Months | Current |
Auditor
Shiva Granito Export Limited is audited by Nenawati & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Nenawati & Associates | FY 2023 | 02148C |
Shareholding
Shareholding for the quarter ended Jun 2026: promoters hold 44.50%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 55.50%.
| Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|
| Promoters | 44.50% | 44.50% | 44.50% |
| Public | 55.50% | 55.50% | 55.50% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Jun 2016 | 100038636 | Others | ₹2.5 Cr | Open | |
| 29 Jan 2016 | 10621741 | Others | ₹5.49 Cr | Satisfied |
To see the full charge records of Shiva Granito Export Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Shiva Granito Export Limited has 70 deals on record (68 market trades, 1 secondary share transfer, 1 ipo); the latest was in September 2026.
Deals on record (5 of 70)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2025 | Market trade | ₹17.2 Lakh | Seller: Rex Pipes and Cables Industries Limited |
| Sep 2024 | Market trade | ₹13 Lakh | Buyer: an individual Seller: Shiva Explosives India Private Limited |
| Aug 2024 | Market trade | ₹23.9 Lakh | Buyer: an individual Seller: Shiva Explosives India Private Limited |
| Feb 2024 | Market trade | ₹29.6 Lakh | Buyer: an individual Seller: Profitous Capital Markets Private Limited , an individual |
| Feb 2024 | Market trade | ₹13.3 Lakh | Buyer: Profitous Capital Markets Private Limited Seller: Profitous Capital Markets Private Limited |
To see the full deal history of Shiva Granito Export Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Shiva Granito Export Limited has 15 court cases on record: 3 filed by Shiva Granito Export, 12 filed against it. 5 cases are pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 11 | 5 |
| High courts | 2 | 0 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed against the company by Makwell Plastisizers Pvt. Ltd. Through Rakesh Ashwin Tanna | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Asian Granito India Ltd | Disposed |
| NCLT, Jaipur | Insolvency matter | Filed against the company by M/S Bhansali Engineering Polymers Ltd. | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed against the company by Bhansali Engineering Polymers Ltd. | Disposed |
| District court, Rewari, Haryana | Arbitration matter | Filed by the company against M/S BK DJ Polymer India Pvt. Ltd. | Pending |
To see the full case history of Shiva Granito Export 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 Shiva Granito Export Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Shiva Granito Export has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAWCS5756N1Z6 | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shiva Granito Export Limited, buy the company report.
Recent activity
Shiva Granito Export Limited has 22 board changes on record since 2015: 13 appointments and 9 cessations. The latest: Krati Maheshwari was appointed as Additional Director on 11 Aug 2026.
17 earlier events are in the company report.
Frequently asked questions
Shiva Granito Export is an active public limited company based in Udaipur, Rajasthan, India. The company works in ceramics, within the manufacturing industry. It was incorporated on 31 December 2015 (11+ years old) and is registered under CIN L14200RJ2015PLC048974. Listed on BSE: 540072.
Shiva Granito Export reported revenue of ₹11.73 Cr for FY 2025-26 (up 36.4% YoY) based on standalone financials.
Shiva Granito Export has 4 current directors:
- Abhinav Upadhyay - Managing Director
- Rachna Upadhyaya - Director
- Rekha Panwar - Additional Director
- Krati Maheshwari - Additional Director
The latest financial statements of Shiva Granito Export on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Shiva Granito Export is 08AAWCS5756N1Z6, registered in Rajasthan.
The CIN (Corporate Identification Number) of Shiva Granito Export is L14200RJ2015PLC048974. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Shiva Granito Export is a listed company as per MCA records. Its shares are listed on BSE (code: 540072).
Shiva Granito Export has 15 court cases on record: 3 filed by the company and 12 filed against it. 5 are pending. Most are in the district courts.
Shiva Granito Export was incorporated on 31 December 2015, making it 11+ years old. It is registered with the Registrar of Companies, Jaipur.
Shiva Granito Export has 70 deals on record (68 market trades, 1 secondary share transfer, 1 ipo); the latest was in September 2026.