MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-32-0000091
Sparten Granito Private Limited - manufacturing in Jivapar, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹245.04 Cr
▼ 28% YoY
Net profit · FY 2025
₹3.71 Cr
Net margin 1.5%
EBITDA · FY 2025
₹11.14 Cr
EBITDA margin 4.5%
Authorised capital
₹21 Cr
Registered with MCA
Paid-up capital
₹21 Cr
Issued & subscribed
Open charges
₹34.68 Cr
Secured borrowings
Company age
10 yrs
Est. 2016
Employees · EPFO
13
Provident fund records
About Sparten Granito Private Limited
Data last updated:
Sparten Granito Private Limited is a private limited company based in Jivapar, Gujarat, India. It operates in the ceramics segment of the manufacturing sector. It was incorporated on 31 October 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U26999GJ2016PTC094272. Its GSTIN is 24AAXCS7650J1ZM (Gujarat).
The company has an authorised share capital of ₹21 Cr and a paid-up capital of ₹21 Cr. It is led by directors including Dilipbhai Harjibhai Kanjiya and Bakulbhai Shantilal Bavarva.
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 S. No. 277 B/H. Siyaram Granito Jetpar Road Nr. Village Rangpar Tal. & Dist. Morbi, Jivapar, Gujarat, India – 363641.
As per the financials filed for FY 2025, the company reported a revenue of ₹245.04 Cr, a decline of 28% compared to the previous year. For the same year it recorded a net profit of ₹3.71 Cr (net margin 1.5%) and EBITDA of ₹11.14 Cr (EBITDA margin 4.5%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 17% over five years.
The company has about 13 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Sparten Granito. As per MCA filings, the company has open charges of ₹34.68 Cr on record. Court records list 6 cases involving the company, including 4 filed by the company and 2 filed against it; 1 case is pending.
Sparten Granito Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-32-0000091). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website spartengranito.com.
Company details
CIN U26999GJ2016PTC094272
Registration Number 094272
Incorporation Date 31 October 2016
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-32-0000091
Key People
Dilipbhai Harjibhai Kanjiya Director Bakulbhai Shantilal Bavarva Director Devendra Bhudarbhai Barasara Director Recognitions & Rankings of Sparten Granito
Contact details
Sparten Granito Private Limited's registered office is in Jivapar, Gujarat. Its website is spartengranito.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressS. No. 277 B/H. Siyaram Granito Jetpar Road Nr. Village Rangpar Tal. & Dist. Morbi, Jivapar, Gujarat, India – 363641
- IndustryManufacturing, Ceramics, Sanitaryware & Tile
To see the full contact details of Sparten Granito Private Limited, buy the company report.
Comprehensive company report
Sparten Granito Private Limited - one report that includes everything
- 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
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Brands
Sparten Granito operates one associated brand: Sparten Granito. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Produces high-quality ceramic tiles in various sizes and finishes for customers. | spartengranito.com |
Business activity
The main business activity of Sparten Granito is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Sparten Granito Private Limited, buy the company report.
Financials of Sparten Granito Private Limited
FY 2024 filings availableSparten Granito Private Limited reported revenue of ₹245.04 Cr (down 28% YoY) for FY 2025.
Revenue · FY 2025
₹245.04 Cr ▼ 28%
Net profit · FY 2025
₹3.71 Cr margin 1.5%
EBITDA · FY 2025
₹11.14 Cr margin 4.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 28%
3 years · compounded
▲ 9%
5 years · compounded
▲ 17%
EBITDA CAGR growth
1 year
▼ 11%
3 years · compounded
▼ 5%
5 years · compounded
▼ 6%
Revenue fell 28% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 17%. EBITDA fell 11% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹11.14 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.71 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.5% | ||||
| Net Profit Margin | 1.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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| Net Profit Growth | |||||
To see the full financial statements and ratios of Sparten Granito Private Limited, buy the company report.
Board of directors of Sparten Granito Private Limited
Sparten Granito has 4 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dilipbhai Harjibhai Kanjiya Also directs: Sanskar Granito Private Limited | Director | 31 Oct 2016 | 9 Years 11 Months | Current |
| Bakulbhai Shantilal Bavarva Also directs: Sanskar Granito Private Limited | Director | 31 Oct 2016 | 9 Years 11 Months | Current |
| Devendra Bhudarbhai Barasara Also directs: Siyaram Granito Private Limited, Siyatone Global Private Limited | Director | 31 Oct 2016 | 9 Years 11 Months | Current |
| Jayprakash Nathalal Bavarva Also directs: Morbi Ceramic Private Limited, Siyaram Vitrified Private Limited, Siyaram Granito Private Limited and 2 more | Director | 31 Oct 2016 | 9 Years 11 Months | Current |
Peer comparison
Sparten Granito Private Limited is compared with the 7 companies closest to it by revenue in the Manufacturing industry (Ceramics, Sanitaryware and Tiles), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Win-Tel Ceramics Private Limited | ₹253.63 Cr (FY 2025) | -5.0% | Morbi, Gujarat, India | |||
| Zealtop Granito Private Limited | ₹248.31 Cr (FY 2025) | 5.0% | Ghuntu, Gujarat, India | |||
| Sparten Granito Private Limitedthis company | ₹245.04 Cr (FY 2025) | ₹3.71 Cr | 1.5% | -28.0% | 13 | Jivapar, Gujarat, India |
| Bluezone Vitrified Private Limited | ₹244.84 Cr (FY 2025) | 1.0% | Morbi, Gujarat, India | |||
| Sims Ceramic Private Limited | ₹242.67 Cr (FY 2018) | -14.0% | Ghuntu, Gujarat, India | |||
| Kajaria Infinity Private Limited | ₹240.97 Cr (FY 2025) | 24.0% | Ghuntu, Gujarat, India | |||
| Emcer Tiles Private Limited | ₹240.62 Cr (FY 2024) | -6.0% | Sartanpar, Gujarat, India | |||
| Spolo Ceramic Private Limited | ₹235.38 Cr (FY 2023) | 24.0% | Wankaner, Gujarat, India |
To see the full peer comparison of Sparten Granito Private Limited, buy the company report.
Auditor
Sparten Granito Private Limited is audited by Vssk & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Vssk & Co. | FY 2023 | 142999W |
Shareholding
The shareholding of Sparten Granito Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sparten Granito Private Limited, buy the company report.
Charges & borrowings
Open charges
₹34.68 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Mar 2025 | 101059870 | Hdfc Bank Limited | ₹36 Lakh | Open | |
| 24 Aug 2021 | 100487004 | Hdfc Bank Limited | ₹7.05 Lakh | Open | |
| 17 May 2021 | 100456977 | Hdfc Bank Limited | ₹30 Lakh | Open | |
| 10 Jul 2017 | 100112742 | State Bank of India | ₹33.95 Cr | Open |
To see the full charge records of Sparten Granito Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Sparten Granito Private Limited has 6 court cases on record: 4 filed by Sparten Granito, 2 filed against it. 1 case is pending and 5 are disposed.
Total cases
6
Filed by the company
4
Filed against the company
2
Pending
1
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 1 | 1 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Special civil application | Filed against the company by Executive Engineer (O and M), Paschim Gujarat Vij Company Limited | Disposed |
| District court, MORBI, Gujarat | Criminal complaint | Filed by the company against an individual | Pending |
| District court, RAJKOT, Gujarat | Criminal complaint | Filed against the company by The Government of Gujarat | Disposed |
| District court, MORBI, Gujarat | Court case (CR EN) | Filed by the company against Umeshbhai Lande / Mr. Rohit - Sai Traders | Disposed |
| District court, MORBI, Gujarat | Court case (CR EN) | Filed by the company against an individual | Disposed |
To see the full case history of Sparten Granito 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 Sparten Granito Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sparten Granito Private Limited has a workforce of 13 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
13
Active EPFO establishments
1
Employee growth
-7.14%
GST
Sparten Granito has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAXCS7650J1ZM | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sparten Granito Private Limited, buy the company report.
Recent activity
Sparten Granito Private Limited has 4 board changes on record since 2016: 4 appointments. The latest: Bakulbhai Shantilal Bavarva was appointed as Director on 31 Oct 2016.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.36 Cr with Charge ID 101059870 was registered on 10 Mar 2025.
Charges
A charge with State Bank Of India of Rs. 33.95 Cr registered on 10 Jul 2017 with Charge ID 100112742 was modified on 05 Dec 2024.
AGM
Sparten Granito Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Sparten Granito Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.07 Cr with Charge ID 100487004 was registered on 24 Aug 2021.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.30 Cr with Charge ID 100456977 was registered on 17 May 2021.
Charges
A charge with State Bank Of India amounted to Rs. 33.95 Cr with Charge ID 100112742 was registered on 10 Jul 2017.
Appointed
Bakulbhai Shantilal Bavarva was appointed as Director.
Appointed
Devendra Bhudarbhai Barasara was appointed as Director.
Appointed
Dilipbhai Harjibhai Kanjiya was appointed as Director.
Appointed
Jayprakash Nathalal Bavarva was appointed as Director.
Incorporation
31 Oct 2016
Sparten Granito Private Limited was registered on 31 Oct 2016 with Roc Ahmedabad & aged 9 years 11 months as per MCA records.
Frequently asked questions
Sparten Granito is an active private limited company based in Jivapar, Gujarat, India. The company works in ceramics, within the manufacturing industry. It was incorporated on 31 October 2016 (10+ years old) and is registered under CIN U26999GJ2016PTC094272.
Sparten Granito has 4 current directors:
- Dilipbhai Harjibhai Kanjiya - Director
- Bakulbhai Shantilal Bavarva - Director
- Devendra Bhudarbhai Barasara - Director
- Jayprakash Nathalal Bavarva - Director
The latest financial statements of Sparten Granito on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Sparten Granito is 24AAXCS7650J1ZM, registered in Gujarat.
The CIN (Corporate Identification Number) of Sparten Granito is U26999GJ2016PTC094272. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sparten Granito has 6 court cases on record: 4 filed by the company and 2 filed against it. 1 is pending. Most are in the district courts.
Sparten Granito was incorporated on 31 October 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Sparten Granito by revenue are Win-Tel Ceramics Private Limited, Zealtop Granito Private Limited, Bluezone Vitrified Private Limited, Sims Ceramic Private Limited, Kajaria Infinity Private Limited and 2 more, all in the Manufacturing industry (Ceramics, Sanitaryware and Tiles), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Bakulbhai Shantilal Bavarva was appointed as Director on 31 Oct 2016. Devendra Bhudarbhai Barasara was appointed as Director on 31 Oct 2016. Dilipbhai Harjibhai Kanjiya was appointed as Director on 31 Oct 2016. Sparten Granito has 4 board changes on record in total.
Yes, Sparten Granito is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-32-0000091).
Sparten Granito can be reached through the website spartengranito.com. Its registered office is in Jivapar, Gujarat, India.