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Myk Laticrete India
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Registered Details

MYK LATICRETE INDIA PRIVATE LIMITED

All Companies ›

Telangana ›

Active

Updated: 29 Aug 2025

The company manufactures adhesives and grouts used in the installation of tiles and stones.

Myk Laticrete India Private Limited, is an unlisted private company incorporated on 04 May, 1999. It is classified as a private limited company and is located in , Telangana. It's authorized share capital is INR 100.00 cr and the total paid-up capital is INR 61.87 cr.

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Industry and products

Community, Personal and Social Services

Tile Joint (Grouts)Stone Care, Wall Putty., Water-Proofing, Screed, Tile Adhesive

Company size

Auth Capital

₹ 100.0 Cr

Paidup Capital

₹ 61.9 Cr

Revenue

₹ 750-1000 cr

Key Metrics

** All rupee values in INR crores. Based on March 2023 numbers.

Total Revenue

51.8%

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EBITDA

33.31%

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Net Profit

33.16%

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Networth

21.5%

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Borrowings

54.72%

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Assets

31.46%

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Gross Margin

-3.47

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Operating Margin

-3.18

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Net Profit Margin

-2.31

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Return on Equity

4.08

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ROCE

11.13

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Debt to Equity

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Sales

Mar 2023

Net worth

Mar 2023

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Locations

India (36)

State	Type	Address

Locations on Map

People

Designation	Name	DIN/PAN	Tenure
Director	Patrick Millot	00066275	4 years
Director	Munikrishna Papagari	00011580	26 years
Director	Yadama Kirthi Krishna Shareholder	00505766	25 years
Managing Director	Yadama Muralidhar Shareholder	00034952	26 years
Director	David Allen Rothberg	02644434	25 years
Director	Faisal Saleem	06627049	12 years

Financial Highlights

** All numbers in INR crores

	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
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Balance Sheet

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Consolidated

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** All numbers in INR crores

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Percentage of assets	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
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	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Equity Capital	4.4	3.5	3.5	88.0	70.4
Reserves	88.2	119.4	211.2	196.8	275.6
Borrowings +	3.3	3.6	6.1	4.4	6.8
Long term borrowings	-	-	-	-	-
Short term borrowings	3.3	3.6	6.1	4.4	6.8
Trade payables +	17.8	13.8	19.5	39.1	57.6
Days payable	53.0	37.0	46.0	49.0	44.0
Other liabilities +	54.4	57.1	78.4	114.3	177.6
Other non-current liabilities	9.4	9.9	8.6	6.7	11.0
Other current liabilities	27.2	33.4	50.2	68.6	109.0
Total liabilities	150.3	183.5	299.2	403.5	530.4
Fixed Assets +	42.1	46.3	46.1	51.7	69.6
Tangible assets	41.1	44.0	40.8	45.5	49.7
CWIP	0.5	1.1	4.4	5.6	16.1
Intangible assets	0.6	1.2	0.8	0.6	3.8
LT loans and advances	0.2	1.3	1.0	-	-
Other non-current assets	-	-	-	70.6	102.8
Current assets +	107.9	135.9	252.1	281.2	358.0
Inventories	23.3	18.3	20.9	50.7	66.3
Trade receivables	40.0	42.4	47.7	66.8	102.3
Cash and cash equivalents	39.6	69.3	174.9	147.8	168.6
ST loans and advances	4.7	4.9	7.8	-	-
Other current assets	0.4	1.1	0.8	15.9	20.8
Total assets	150.3	183.5	299.2	403.5	530.4

Percentage of assets	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Equity Capital	2.9	1.92	1.17	21.8	13.26
Reserves	58.68	65.03	70.6	48.77	51.96
Borrowings +	2.19	1.94	2.03	1.09	1.28
Long term borrowings	0.0	0.0	0.0	0.0	0.0
Short term borrowings	2.19	1.94	2.03	1.09	1.28
Trade payables	11.84	7.54	6.51	9.69	10.86
Other liabilities +	36.22	31.12	26.19	28.33	33.49
Other non-current liabilities	6.27	5.38	2.88	1.65	2.08
Other current liabilities	18.11	18.19	16.8	16.99	20.55
Total liabilities
Fixed Assets +	28.03	25.22	15.4	12.82	13.13
Tangible assets	27.35	23.98	13.65	11.29	9.36
CWIP	0.3	0.61	1.47	1.38	3.04
Intangible assets	0.37	0.63	0.27	0.15	0.72
LT loans and advances	0.15	0.73	0.33	0.0	0.0
Other non-current assets	0.0	0.0	0.0	17.5	19.39
Current assets +	71.82	74.05	84.27	69.68	67.49
Inventories	15.49	9.98	6.99	12.57	12.5
Trade receivables	26.58	23.1	15.95	16.55	19.28
Cash and cash equivalents	26.35	37.73	58.46	36.64	31.78
ST loans and advances	3.14	2.66	2.6	0.0	0.0
Other current assets	0.27	0.57	0.27	3.93	3.93
Total assets

Total assets

Charges on assets

Bank wise

Charges

ICICI Bank Limited

No. of Loans: 1

Total Amount : 22.4 cr

State Bank of India

No. of Loans: 1

Total Amount : 8.0 cr

Charge Holder	Amount	Date of creation/modification
ICICI Bank Limited	22.4 cr	20 Apr, 2024
State Bank of India	8.0 cr	04 Jan, 2024

Charges

ICICI Bank Limited

State Bank of India

Company Network

Companies connected through Directors

Name	Status	Paid up Capital	Common Directors	Address
SHREE SAI GARDENS PVT. LTD.	Active	48.4 L	1	Telangana
SUBHADRA INVESTMENTS PRIVATE LIMITED	Active	6.5 Cr	1	Telangana
SAKTISAND PRIVATE LIMITED	Strike Off	2.0 L	1	Telangana
GARUDA INDUSTRIES PRIVATE LIMITED	Active	1.0 L	1	Telangana
MYK HOLDINGS PRIVATE LIMITED	Active	30.0 L	2	Telangana
MK MILLS PRIVATE LIMITED	Active	15.0 Cr	1
MYK LATICRETE PRIVATE LIMITED	Active	300.1 Cr	6
MYK ARMENT PRIVATE LIMITED	Active	5.8 Cr	3
PARASAKTI CEMENT INDUSTRIES LIMITED	Active	18.6 Cr	1	Telangana
REITZ INDIA LIMITED	Active	1.7 Cr	1	Telangana
PARUSHNI POWER PRIVATE LIMITED	Active	1.0 L	2	Telangana
PRO-TEAM BUILDING SYSTEMS (INDIA) PRIVATE LIMITED	Active	1.0 L	1	Telangana
SUGANDHA POWER INFRATECH PRIVATE LIMITED	Strike Off	1.0 L	1	Delhi
MYK CHARITABLE FOUNDATION	Active	1.0 L	1	Telangana
OVATION SERVICES PRIVATE LIMITED	Active	1.0 L	2	Telangana
MYK CEMENT PRIVATE LIMITED	Active	1.0 L	2	Telangana
3F OIL PALM PRIVATE LIMITED	Active	10.0 Cr	1
MYK ARMENT INDIA PRIVATE LIMITED	Active	1.0 L	2
MYK LATICRETE BUILDING MATERIALS PRIVATE LIMITED	Active	1.0 L	2
MYK TOOLS PRIVATE LIMITED	Strike Off	1.0 L	2
MYK INDUSTRIES PRIVATE LIMITED	Active	96.7 L	2
CYIENT DLM LIMITED	Active	79.4 Cr	1	Telangana
TURBO CEMENT LIMITED	Active	60.5 L	1	Telangana

Subsidiary Companies

Name	State / Country	Incorporation Year	Paidup Capital
MYK TOOLS PRIVATE LIMITED		2011	₹ 1.0 L
MYK LATICRETE BUILDING MATERIALS PRIVATE LIMITED		2020	₹ 1.0 L

Tofler Score

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Risk

Severe Risk

No risks identified

Moderate Risk

No risks identified

Low Risk

No risks identified

About Tofler Score

Tofler Score measures the quality of performance and integrity of a company. It is dependent on three key factors - Sustainability, Governance, and Growth.

CIN

U99999TG1999PTC031624

PAN

AAACL5557E

Incorporation

1999, 26.3 years

Company Email

accounts@myklaticrete.com

Paid up Capital

₹ 61.9 Cr

Authorised Capital

₹ 100.0 Cr

AGM

Sep 2024

Type

Private

Others

FAQ - MYK LATICRETE INDIA PRIVATE LIMITED

What is the incorporation date of MYK LATICRETE INDIA PRIVATE LIMITED?

The incorporation date of MYK LATICRETE INDIA PRIVATE LIMITED is 04 May, 1999

What is the authorized share capital of MYK LATICRETE INDIA PRIVATE LIMITED?

The authorized share capital of MYK LATICRETE INDIA PRIVATE LIMITED is INR ₹ 100.0 Cr.

What is the paid-up capital of MYK LATICRETE INDIA PRIVATE LIMITED?

The paid-up capital of MYK LATICRETE INDIA PRIVATE LIMITED is INR ₹ 61.9 Cr.

What is the registered address of MYK LATICRETE INDIA PRIVATE LIMITED?

The registered address of MYK LATICRETE INDIA PRIVATE LIMITED is Plot No. 30/C (Sy. No. 83/1), Orbit Building, 17th Floor, Tower 1, Knowledge City, TSIIC, Raidurg, Ranga Reddy Dist., Madhapur, Hyderabad, Shaikpet, Telangana, India, 500081 - 500081

What is the CIN number of MYK LATICRETE INDIA PRIVATE LIMITED?

The CIN number of MYK LATICRETE INDIA PRIVATE LIMITED is U99999TG1999PTC031624.

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