Glittek Granites Ltd (513528)
சுருக்கம்
நிகழ்வுகள்
- சமீபத்திய முடிவுகள்
- Q2 FY27, தாக்கல் செய்யப்பட்டது 30 அக். 2026
- இயக்குநர் குழுக் கூட்ட அறிவிப்பு
- 6 ஆக. 2026
பங்குச் சந்தைத் தரவு. ஒவ்வொரு எண்ணும் அதன் சொந்தப் பக்கம் காட்டும் வடிவத்திலேயே; தேதிகள் தரவின் தேதிகள். தகவலுக்கு மட்டுமே, முதலீட்டு ஆலோசனை அல்ல.
📈 பங்கு விலை & நிகழ்வுகள்
Q2 FY27 முடிவுகள்
Glittek Granites Ltd reported Q2 FY27 results on 30 Oct 2026: revenue ₹0.3 Cr, and net profit ₹0.1 Cr (against a loss a year earlier); the operating margin was 25.7%.
| Q2 FY27 (₹ கோடி) | மதிப்பு | YoY Q2 FY26-உடன் | QoQ |
|---|---|---|---|
| வருவாய் | ₹0.3 | — | -95.9% |
| செயல்பாட்டு லாபம் | ₹0.1 | நஷ்டத்திலிருந்து | -90.8% |
| நிகர லாபம் | ₹0.1 | நஷ்டத்திலிருந்து | +5.8% |
| EPS (₹) | 0.02 | நஷ்டத்திலிருந்து | +0.0% |
| செயல்பாட்டு லாப வரம்பு | 25.7% | — | — |
- திருப்பம்: ஓராண்டுக்கு முன் நஷ்டத்திற்கு மாறாக லாபம்
- வரிக்கு முந்தைய லாபத்தில் 51% மற்ற வருமானம் மற்றும் ஒருமுறை கிடைத்த வருமானங்களிலிருந்து வந்தது.
- லாபம் இருந்தும் H1 FY27 செயல்பாட்டுப் பணப்புழக்கம் எதிர்மறையாக இருந்தது
லாபத்தின் தரம்: வரிக்கு முந்தைய ₹0.1 கோடி லாபத்தில், ₹0.0 கோடி (49%) முக்கிய வணிகத்திலிருந்து வந்தது; மீதம் பிற வருமானம் மற்றும் ஒருமுறை வரவுகளிலிருந்து வந்தது.
📢 சமீபத்திய கார்ப்பரேட் அறிவிப்புகள்
Glittek Granites resubmitted its financial results for the quarter and half-year ended September 30, 2026, in response to a BSE query regarding an initially unsigned document upload. The company stated the digital signatures were inadvertently omitted during PDF merging and confirmed that the underlying figures remain unchanged. For Q2 FY27, revenue from operations was ₹30.00 lakh (service charges) with total income of ₹32.72 lakh and net profit of ₹5.29 lakh. Cash flow shows a capital advance of ₹350.28 lakh previously paid towards land and machinery for a BESS project.
- Resubmission driven by BSE query due to omission of digital signatures during PDF merging; numbers are unchanged.
- Reported Q2 FY27 revenue from operations of ₹30.00 lakh entirely from service charges, with total income of ₹32.72 lakh.
- Q2 FY27 net profit stood at ₹5.29 lakh, yielding an unannualized Basic/Diluted EPS of ₹0.02.
- H1 FY27 cash flow indicates ₹350.28 lakh capital advance paid for land, plant, and machinery for a BESS project.
Glittek Granites reported Q2 FY27 revenue from operations of ₹30.00 lakh (consisting entirely of service charges) and a net profit of ₹5.29 lakh, compared to a loss of ₹40.18 lakh in the corresponding quarter last year. For the half-year ended September 30, 2026, total income stood at ₹65.82 lakh with a net profit of ₹18.95 lakh. Additionally, the company disclosed the acquisition of a 23,780 sq. mtrs land parcel in Kheda, Gujarat, for a consideration of ₹6.50 crore to support business plans, which represents approximately 59% of its net worth (₹11 crore).
- Revenue from operations stood at ₹30.00 lakh for Q2 FY27 compared to nil in Q2 FY26
- Net profit turned positive to ₹5.29 lakh versus a net loss of ₹40.18 lakh in Q2 FY26
- H1 FY27 net profit reported at ₹18.95 lakh with total income of ₹65.82 lakh
- Acquired 23,780 sq. mtrs land in Kheda, Gujarat, for ₹6.50 crore consideration
- H1 cash flow shows capital advances of ₹350.28 lakh for land and plant & machinery (BESS project)
Shareholders of Glittek Granites approved multiple major corporate changes at its 36th AGM on September 22, 2026. These include shifting the registered office from Bengaluru (Karnataka) to Mumbai (Maharashtra), and changing the company name to 'Rawmin Neo Elements Limited' alongside altering its Main Objects Clause to pursue new business activities. Additionally, the company regularized appointments for its leadership team, including Maheshkumar J. Thanki as Chairperson and Bhargav G. Thanki as Managing Director for 5-year terms effective June 25, 2026.
- Approved shifting of registered office from Karnataka (Bengaluru) to Maharashtra (Mumbai), subject to Regional Director approval
- Shareholder approval granted to change company name to 'Rawmin Neo Elements Limited' subject to Central Registration Centre/MCA approval
- Appointed Maheshkumar Jatashankar Thanki as Chairperson/Whole-Time Director and Bhargav Girjashankar Thanki as MD for 5 years effective June 25, 2026
- Appointed M/s R. R. Tibrewala & CO. as Statutory Auditors for a 5-year term from 36th AGM to 41st AGM
- Altered the Main Objects Clause of the Memorandum of Association to align with upcoming business activities
Glittek Granites Limited has issued a communication under Regulation 36(1)(b) of SEBI LODR to shareholders whose email addresses are not registered, providing web-link and QR code access to the FY2025-26 Annual Report and Notice of the 36th Annual General Meeting (AGM). The AGM is scheduled for Tuesday, September 22, 2026, at 11:30 AM IST via Video Conferencing. The cut-off date to determine voting eligibility is September 15, 2026, with remote e-voting active from September 19 to September 21, 2026.
- 36th AGM scheduled for Tuesday, September 22, 2026, at 11:30 AM IST via VC/OAVM
- Cut-off date for e-voting eligibility set for Tuesday, September 15, 2026
- Remote e-voting window runs from September 19, 2026 (09:00 AM) to September 21, 2026 (05:00 PM)
- Annual Report FY25-26 web-link and QR codes dispatched to unregistered email shareholders
Glittek Granites published its FY26 Annual Report outlining a complete change in ownership and business direction. The Rawmin Group took control on June 25, 2026, holding a 70.59% promoter stake following an open offer and replacing the entire board and management team. At the upcoming AGM on September 22, 2026, the company is seeking approval to change its name to 'Rawmin Neo Elements Limited' and alter its main objects to enter battery energy storage systems (BESS), solar PV, and critical minerals. FY26 revenue from operations fell to ₹4.68 lakhs with a net loss of ₹39.45 lakhs after legacy granite operations wound down.
- Rawmin Group assumed control on June 25, 2026, holding 70.59% equity post open offer completion
- Complete Board reconstitution with Bhargav Girjashankar Thanki appointed Managing Director
- Proposed pivot into battery energy storage systems (BESS), solar PV, and critical minerals/advanced materials
- Proposed name change to 'Rawmin Neo Elements Limited' and shift of registered office to Mumbai
- FY26 revenue dropped to ₹4.68 lakhs (vs ₹203.63 lakhs in FY25) with net loss of ₹39.45 lakhs
Glittek Granites has published its FY26 Annual Report and AGM notice for September 22, 2026, following a change in control on June 25, 2026, where the Rawmin Group acquired a 70.59% promoter stake. The new management is seeking shareholder approval to pivot the business into battery energy storage systems (BESS), solar PV, rare earths, and critical minerals. Alongside the strategic overhaul, the company proposes changing its name to 'Rawmin Neo Elements Limited' and shifting its registered office to Mumbai. For FY26, operations remained virtually halted with revenue of ₹4.68 lakh and a net loss of ₹39.45 lakh, but the company remains debt-free with ₹6.59 crore in cash.
- Rawmin Group took management control on June 25, 2026, holding a 70.59% equity stake post-open offer
- Shareholder approval sought to alter main business objects to Battery Energy Storage Systems (BESS) and critical minerals
- Company to be renamed 'Rawmin Neo Elements Limited' and corporate/registered base shifting to Mumbai
- FY26 revenue from operations dropped to ₹4.68 lakh (vs ₹203.63 lakh in FY25), with net loss before tax of ₹39.45 lakh
- Balance sheet closed FY26 with zero borrowings and cash/cash equivalents of ₹658.73 lakh (₹6.59 crore)
Glittek Granites released its FY25-26 Annual Report, detailing the completion of its takeover by the Rawmin Group, which now holds a 70.59% equity stake following an open offer concluded on June 25, 2026. The new management has reconstituted the entire board and proposed a strategic pivot to battery energy storage systems (BESS), solar PV modules, and critical minerals. Shareholders will vote at the 36th AGM on September 22, 2026, on altering the main objects clause, shifting the registered office to Mumbai, and renaming the entity to Rawmin Neo Elements Limited.
- Rawmin Group completed takeover and holds a 70.59% equity stake effective June 25, 2026
- Proposed change of company name to 'Rawmin Neo Elements Limited' to reflect the new focus on BESS and critical minerals
- Notice issued for 36th AGM on September 22, 2026, to approve the business pivot, new board, and statutory auditors
- Company closed FY26 with zero borrowings and cash & cash equivalents of ₹658.73 lakhs (₹6.59 Cr)
Glittek Granites Ltd has informed the exchange regarding the issuance of a duplicate share certificate under Regulation 39(3) of SEBI LODR Regulations. The issuance pertains to 100 equity shares under Folio No. 0019909 in the name of Smriti Roy. A new share certificate (No. 00035331) was issued on August 11, 2026, in lieu of the lost original certificate (No. 00029030). This is a purely administrative compliance filing with no impact on the company's financial standing or operations.
- Issued 1 duplicate share certificate for 100 equity shares
- Shareholder name: Smriti Roy (Folio No. 0019909)
- Distinctive numbers: 0007248501 to 0007248600
- New certificate number 00035331 issued against old certificate number 00029030
Glittek Granites is undergoing a total strategic pivot, entering the Battery Energy Storage Systems (BESS) and allied businesses following a recent change in management control. The company is establishing a new corporate office in Ahmedabad and acquiring land, while simultaneously proposing to shift its registered office from Karnataka to Maharashtra. This transition includes the appointment of new Statutory Auditors (M/s. R. R. Tibrewala & CO.) and Secretarial Auditors. Financially, the company is starting from a near-zero base with TTM revenue of Rs 0 Cr and a modest net worth of Rs 11 Cr.
- Entry into Battery Energy Storage Systems (BESS) and allied businesses announced.
- Acquisition of land for new business operations and establishment of Ahmedabad corporate office.
- Appointment of M/s. R. R. Tibrewala & CO. as Statutory Auditors for a 5-year term starting from the 36th AGM.
- Proposed shifting of the registered office from Karnataka to Maharashtra following management change.
- TTM Revenue remains at Rs 0 Cr, indicating a complete reliance on the new business pivot for future growth.
Glittek Granites is undergoing a total business pivot following a recent change in management and control. The company has announced an entry into the Battery Energy Storage Systems (BESS) and Solar PV sectors with an estimated project cost of 150 crore. This investment is massive compared to its current net worth of 11 crore and near-zero TTM revenue. To support this transition, the board has appointed new Statutory Auditors (R. R. Tibrewala & CO.) and Secretarial Auditors (KJB & CO. LLP) for five-year terms, alongside a change in the Registrar and Transfer Agent (RTA).
- Estimated investment of 150 crore for new BESS and Solar PV business lines
- Project cost represents approximately 1,363% of the company's current net worth of 11 crore
- Appointment of M/s. R. R. Tibrewala & CO. as Statutory Auditors for a 5-year term
- Change of Registrar and Transfer Agent (RTA) to MUFG Intime India Private Limited
- TTM revenue currently stands at 0 crore, indicating a complete reset of the business model
Glittek Granites is undergoing a total business transformation, pivoting from its dormant granite operations to the Battery Energy Storage Systems (BESS) and Solar EPC sector. The company has announced a planned investment of Rs 150 crore for this new venture, which includes land acquisition and manufacturing infrastructure. This investment is highly material, representing approximately 79% of the company's current market capitalization (Rs 190 Cr) and over 13 times its net worth (Rs 11 Cr). The pivot follows a recent change in management and control, accompanied by a complete overhaul of statutory and secretarial auditors.
- Planned investment of Rs 150 crore for BESS project, including land and manufacturing infrastructure.
- Investment magnitude is ~79% of the current market cap and ~13.6x the current net worth of Rs 11 crore.
- Promoter holding increased significantly to 70.59% in June 2026 from 62.98% in March 2026.
- Appointment of M/s. R. R. Tibrewala & CO. as Statutory Auditors for a 5-year term starting from the 36th AGM.
- Company reported near-zero revenue for the quarter ended June 30, 2026, emphasizing the need for the business pivot.
Glittek Granites has scheduled a board meeting on August 12, 2026, to approve its unaudited financial results for the quarter ended June 30, 2026. The board will also consider the resignation of the current Secretarial Auditor and the appointment of new Statutory Auditors as the existing term concludes. This meeting is critical given the company's negligible TTM revenue of nearly ₹0 Cr and a high Price-to-Book ratio of 16.0. Additionally, the company will finalize details for its 36th Annual General Meeting.
- Board meeting scheduled for August 12, 2026, to approve Q1 FY27 results.
- Appointment of new Statutory Auditors to be considered as the current term expires.
- Resignation of Ms. Kriti Daga as Secretarial Auditor to be processed.
- Trading window remains closed from July 1, 2026, until August 17, 2026.
- Promoter holding recently increased to 70.59% as of June 2026 from 62.98% in March 2026.
Kriti Daga, the Secretarial Auditor appointed for a five-year term (2025-2030), has resigned effective August 12, 2026. The resignation is attributed to a recent change in the management and control of the company, alongside a proposed relocation of the registered office from Karnataka to Maharashtra. This transition follows a significant increase in promoter holding to 70.59% as of June 2026, despite the company reporting zero TTM revenue.
- Resignation effective from the conclusion of the Board Meeting scheduled for August 12, 2026
- Original auditor appointment was for a 5-year period from April 01, 2025, to March 31, 2030
- Promoter holding increased to 70.59% in June 2026 from 62.98% in March 2026
- Company plans to shift its registered office from Karnataka to Maharashtra
- TTM revenue stands at Rs 0 Cr with a TTM PAT of Rs -1 Cr
Glittek Granites Ltd has processed the transmission of 500 equity shares following the death of a shareholder. The shares, previously held by Asha Devi Killa, were transferred to Mr. Ashish Killa under certificate numbers 2258 to 2562. This is a routine administrative disclosure under Regulation 30 of SEBI LODR. Given the small volume of 500 shares, this event has no impact on the company's financials or ownership control.
- Transmission of 500 equity shares completed on July 15, 2026
- Shares transferred from late Asha Devi Killa to Mr. Ashish Killa
- Involves share certificate numbers 2258 to 2562
- Filing made in compliance with Regulation 30 of SEBI LODR
Glittek Granites Ltd has confirmed the resignation of three Independent Directors—Mr. Siddhartha Agarwal, Mr. Manish Killa, and Mrs. Malvika Sureka—effective from the close of business hours on June 25, 2026. These resignations are a direct result of a change in management and control following a majority stake acquisition and the completion of an open offer process under SEBI (SAST) Regulations. The company filed this updated disclosure on July 15, 2026, to include specific details requested by the BSE regarding other directorships held by the outgoing members.
- 3 Independent Directors resigned simultaneously effective June 25, 2026
- Resignations are due to a change in management and control following a majority stake acquisition
- The open offer process under SEBI (SAST) Regulations, 2011, has been completed
- All three resigning directors held no other listed directorships except for Glittek Granites Ltd
- Updated disclosure was submitted following a specific query from BSE on July 15, 2026
நிறுவனச் சுயவிவரம்
நிதிச் செயல்திறன்
இந்த நிறுவனத்துக்கான நிதிப் பகுப்பாய்வுத் தரவு இன்னும் கிடைக்கவில்லை.
செயல்பாட்டு உந்துசக்திகள்
இந்த நிறுவனத்திற்கான செயல்பாட்டுப் பகுப்பாய்வுத் தரவு இன்னும் கிடைக்கவில்லை.
வியூக வளர்ச்சி
இந்த நிறுவனத்துக்கான வியூக வளர்ச்சிப் பகுப்பாய்வு இன்னும் கிடைக்கவில்லை.
வெளிப்புறக் காரணிகள்
இந்த நிறுவனத்துக்கு வெளிப்புறக் காரணிகளின் பகுப்பாய்வு இன்னும் கிடைக்கவில்லை.
ஒழுங்குமுறை & நிர்வாகம்
இந்த நிறுவனத்திற்கான ஒழுங்குமுறைப் பகுப்பாய்வு இன்னும் கிடைக்கவில்லை.
அபாயப் பகுப்பாய்வு
இந்நிறுவனத்துக்கான அபாய பகுப்பாய்வு இன்னும் கிடைக்கவில்லை.
