GLITTEKG
Glittek Granites financials
- Market cap
- ₹118 Cr
Quarterly results
Q1 FY27: revenue down 100.0%, net profit up 180.0% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 −100% | 0 −89% | 0 −100% | 0 −100% |
| EBITDA | -12 | -3 | -4 | -1 | -1 +95% | -2 +43% | -0 +99% | -0 +73% |
| Net profit | -13 | -3 | 26 | 0 | -0 +97% | -1 +81% | 0 −99% | 0 +180% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance +696.8% 1Y
1Y: ₹9.57 on 10 Sept 2025 → ₹76.25. High ₹82.35 (7 Sept 2026), low ₹8.65 (12 Sept 2025).
Financials, as filed
Revenue fell 88.0% a year over 2 years, FY24 to FY26. Operating margin narrowed to -2930.0%.
| Year ending | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹7 Cr | ₹2 Cr | ₹0 Cr |
| Operating profit | ₹-4 Cr | ₹-22 Cr | ₹-3 Cr |
| Operating margin | -59.3% | -1067.0% | -2930.0% |
| Interest | ₹2 Cr | ₹2 Cr | ₹0 Cr |
| Depreciation | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Net profit | ₹-6 Cr | ₹7 Cr | ₹-1 Cr |
| Net margin | -89.1% | 337.9% | -740.0% |
| Cash from operations | ₹3 Cr | ₹0 Cr | ₹-2 Cr |
| Free cash flow | ₹3 Cr | ₹33 Cr | ₹-2 Cr |
| ROCE | -15.2% | -115.3% | -3.6% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹13 Cr | ₹13 Cr | ₹13 Cr | ₹13 Cr | ₹13 Cr | ₹13 Cr |
| Reserves | ₹1 Cr | ₹-2 Cr | ₹-2 Cr | ₹-8 Cr | ₹-2 Cr | ₹-2 Cr |
| Borrowings | ₹18 Cr | ₹20 Cr | ₹22 Cr | ₹20 Cr | ₹1 Cr | ₹0 Cr |
| Other liabilities | ₹2 Cr | ₹1 Cr | ₹2 Cr | ₹2 Cr | ₹0 Cr | ₹0 Cr |
| Total liabilities | ₹34 Cr | ₹33 Cr | ₹35 Cr | ₹27 Cr | ₹12 Cr | ₹11 Cr |
| Fixed assets | ₹5 Cr | ₹4 Cr | ₹3 Cr | ₹3 Cr | ₹0 Cr | ₹0 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹4 Cr | ₹3 Cr |
| Other assets | ₹29 Cr | ₹29 Cr | ₹32 Cr | ₹24 Cr | ₹8 Cr | ₹8 Cr |
| Total assets | ₹34 Cr | ₹33 Cr | ₹35 Cr | ₹27 Cr | ₹12 Cr | ₹11 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, DIIs trimmed −7.60 pp while promoters added +5.83 pp. The shareholder count grew 7% to 10,807.
- Promoters
- 70.6%
- Public
- 29.4%
Since Jun 2025
- DIIs −7.60 pp
- Promoters +5.83 pp
- Public +1.77 pp
How it drifted, 12 quarters
Over this window DIIs fell from 7.8% to 0.0% — −7.8 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 63.9%, DIIs 7.8%, Public 28.3%.Dec '23: Promoters 63.9%, DIIs 7.8%, Public 28.3%.Mar '24: Promoters 64.8%, DIIs 7.6%, Public 27.6%.Jun '24: Promoters 64.8%, DIIs 7.6%, Public 27.6%.Sep '24: Promoters 64.7%, DIIs 7.6%, Public 27.7%.Dec '24: Promoters 64.8%, DIIs 7.6%, Public 27.6%.Mar '25: Promoters 64.8%, DIIs 7.6%, Public 27.6%.Jun '25: Promoters 64.8%, DIIs 7.6%, Public 27.6%.Sep '25: Promoters 64.2%, DIIs 7.6%, Public 28.2%.Dec '25: Promoters 63.0%, DIIs 7.6%, Public 29.4%.Mar '26: Promoters 63.0%, DIIs 7.6%, Public 29.4%.Jun '26: Promoters 70.6%, Public 29.4%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Maheshkumar Jatashankar Thanki newly disclosed 17.65% held
- Bhavin Harihar Thanki newly disclosed 17.65% held
- Bhargav Girjashankar Thanki newly disclosed 14.52% held
- Kalpana Ashwin Kumar Thanki newly disclosed 11.92% held
- Gautam Ashwinkumar Thanki newly disclosed 5.73% held
- Hema Bhargav Thanki newly disclosed 3.12% held
- Tetron Commercical Limited newly disclosed 1.16% held
- Manish Arvind Shah Huf newly disclosed 1.01% held
The same filing shows 0 holders trimming and 5 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of Glittek Granites Ltd. above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Maheshkumar Jatashankar Thanki | 17.65% | newly disclosed |
| Bhavin Harihar Thanki | 17.65% | newly disclosed |
| Bhargav Girjashankar Thanki | 14.52% | newly disclosed |
| Kalpana Ashwin Kumar Thanki | 11.92% | newly disclosed |
| Gautam Ashwinkumar Thanki | 5.73% | newly disclosed |
| Hema Bhargav Thanki | 3.12% | newly disclosed |
| Tetron Commercical Limited | 1.16% | newly disclosed |
| Manish Arvind Shah Huf | 1.01% | newly disclosed |
| Kosen Ventures Private Limited | — | off the list |
| ICICI Bank Ltd Bank | — | off the list |
| Manjula Agarwal | — | off the list |
| Tushar Agarwal | — | off the list |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
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