Ravi Leela Granites Ltd Summary
Incorporated in October, 1990, Ravi Leela Granites Limited became a public limited company in 1992. The Company was promoted by P Srinivas Reddy and Lok Manohar Reddy. Company is engaged in manufacturing, processing and sale of granite slabs / tiles, marble slabs / tiles.
It offers customers a wide range of polished Indian granite sourced from quarries. The Company came out with a public issue to part-finance the expansion of its capacity from 43,158 sq mtr to 81,660 sq mtr pa. The company exports all its products to the quality-conscious markets of the US, Australia, etc, and has carved a niche for itself amongst buyers.
Its products now include thick slabs (used for monuments), value-added products such as counter tops, bar tops (with their edges finished according to customer requirements), etc.It manufactures granite tiles with an installed capacity of 43,158 sq. mtr. expanded to 81,600 sq mtr pa for both tiles and slabs, deploying a judicious mix of sophisticated imported machinery (from Breton, Italy) and indigenous machinery.
The Company operate a factory in Prakasam District of Andhra Pradesh. The Company is internationally known as a premium processor and wholesaler of Indian and Imported granite. It offers granite slabs of various colors and quantity consisting of polished, honed, flamed, brushed, Antique, Bush hammered, sand blasted, tumbled and straight edge in any size and thickness.
FY 2024-25 was a year of gradual recovery for the Company. Despite challenges in logistics and fluctuations in freight costs, the Company demonstrated resilience in managing operational efficiencies. The ongoing global supply chain disruptions slightly impacted delivery timelines, but strategic planning mitigated the overall effect on revenue.
The Company has focused on expanding its export portfolio and gradually increasing its footprint in the domestic market.