What we do Glittek Granites Ltd manufactures and exports granite tiles, slabs, and other natural stones like sandstone, marble, and quartz, catering to global markets. |
Founded in 1,990 |
Market share A major player in India's granite manufacturing and exporting sector with a strong export house status. |
Problem solved Provides high-quality, durable, and aesthetic natural stone products for construction, decoration, and architectural needs globally. |
Top clients or who we serve Exports to USA, Canada, Australia, New Zealand, Japan, Singapore, Middle East; serves B2B customers in construction and interior design industries. |
Key management Ashoke Agarwal (Chairman cum Managing Director), Tushar Agarwal (Managing Director) |
Our journey and innovations Incorporated in 1990; modernized production with German-Italian machinery in 2008; expanded product portfolio beyond granite to other stones. |
Where we operate Primarily India with exports to multiple international markets including North America, Oceania, Japan, and Middle East. |
Top products or what we offer Granite tiles, slabs, panels, countertops; also marble, sandstone, quartz products in various finishes and sizes. |
Top brands - |
Raw materials needed Natural granite, sandstone, marble, quartz stones from mining sources. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue is cyclical, dependent on construction demand and global export markets. |
Our industry position Recognized exporter and significant granite manufacturer with advanced European machinery enhancing quality and capacity. |
Financial highlights FY 2024-25 revenue Rs 33.3 crore, net profit Rs 6.86 crore; marked 472% revenue growth over previous year. |
Geographical revenue split - |
Order book - |
Whats driving growth Increased global demand, export focus, capacity expansion, and advanced processing technology. |
Our future plans Sustain growth via export expansion and product diversification with continued technology adoption. |
Our green promise - |
Our people and values About 30 employees; commitment to corporate governance, ethical practices, and workplace safety. |
Key challenges ahead Market cyclicality, raw material availability, and global trade factors affecting exports. |
Interesting facts Uses state-of-the-art stone polishing and cutting equipment imported from Germany and Italy. |
Risks and strategy Managing operational risks through robust internal controls and risk management systems. Strategy focuses on quality and export market growth. |
