Sun Granite Export Ltd (531013)

📊 Quarterly Results (₹ Cr)

Financial performance has been stagnant with no revenue or profitability recorded in the latest available quarters from March 2012 to March 2013, and operating margins consistently negative or not applicable. The absence of any operational activity or income generation suggests the company is not currently functioning as a going concern. There is no evidence of revenue recovery or cost control measures improving financial health, and the insolvency process appears to be the only active framework guiding the company’s current status.

🔮 Management Outlook & What's Next

Management has not provided forward-looking operational guidance or revival plans in the available filings. The disclosures are limited to procedural updates on the insolvency process, including the filing of creditor lists and scheduling of CoC meetings. No business recovery strategy, capital restructuring, or operational restart plans have been disclosed as of August 2026.

Extracted from official company announcements. Not StockFin.ai's opinion.

🏦 Balance Sheet (₹ Cr)

The balance sheet as of March 2013 shows minimal equity of ₹11 crore, low reserves, and borrowings of ₹9 crore, with total assets also at ₹22 crore, indicating a capital-light but highly leveraged structure. There is no evidence of recent capital infusion, asset sales, or debt repayments. The financial position suggests limited capacity for operational investment or debt resolution without external support, raising concerns about long-term solvency.

👥 Shareholding Pattern

Shareholding patterns have remained stable over the last four quarters, with promoter holding steady at 23.63%, FII at 1.03%, and DII at 1.95% in Q1FY27. The number of public shareholders remains unchanged at 40.42% with 2,311 shareholders. There is no evidence of institutional accumulation or exit, and retail participation remains fragmented. No insider trading or pledging activity has been disclosed in the available data.

⚖️ Peer Comparison — Consumer Durables

🔗 Peer Stock Analyses

⚠️ Risk Factors

The company is under formal insolvency resolution with no disclosed revival or restructuring plan, posing a high risk of liquidation or asset sale without operational continuity. Persistent zero revenue and losses over multiple years suggest the business model may no longer be viable. Lack of management communication on turnaround strategy and reliance on creditor-driven resolution increases uncertainty. Minimal shareholder activism or institutional interest may limit pressure for resolution but also reduces recovery prospects.

📋 Recent Filings

• 🔴 Announcement2026-09-30Sun Granite Export Ltd informed BSE of the second Committee of Creditors meeting held on 30th September 2026 at 5:39 pm via video conference, reviewin…
• 🔴 Announcement2026-09-08Sun Granite Export informed BSE that its first Committee of Creditors meeting under insolvency proceedings was held on 3rd September 2026 at 4:00 PM v…
• 🔴 Announcement2026-09-07Sun Granite Export Ltd disclosed the appointment of Raghunath Bhandari as the Insolvency Resolution Professional for its Corporate Insolvency Resoluti…
• 🔴 Announcement2026-08-28Sun Granite Export Ltd disclosed the List of Creditors filed under its Corporate Insolvency Resolution Process as of 27 August 2026, confirming the Co…
• 🔴 Announcement2026-08-28Sun Granite Export Ltd announced that its first Committee of Creditors meeting under the Corporate Insolvency Resolution Process will be held on 3 Sep…
• 🔴 Announcement2026-08-27Sun Granite Export Ltd disclosed the List of Creditors as of 27 August 2026 under SEBI LODR Regulation 30 and IBBI CIRP norms, marking a key step in i…

🧠 Analyst's Read

Sun Granite Export Ltd is in a critical insolvency phase with no visible path to operational or financial recovery disclosed to date. Investors should monitor outcomes from the upcoming CoC meeting and any future resolution plan submission to creditors. The absence of revenue, profitability, or management guidance indicates the company is currently non-operational in practice, and future value will depend entirely on the insolvency process outcome.

Based on filing content and financial data. Not a recommendation.