- Business
- Gratex Industries Limited (GRATEXI.BO), founded in 1984 and headquartered in Navi Mumbai, Maharashtra, India, engages in the manufacturing, trading, and wholesale distribution of wallpapers and related decorative products primarily within the Indian market. The company offers a diverse portfolio of wallcoverings including abstract, damask, geometrics, kids and teens, plain textures, stripes, wooden designs, floral, and 3D designs; wall posters, profiles, catalogues, furniture, and complementary items such as floor coverings of plastics, veneering sheets for plywood, and decorative vases in materials like aluminium, brass, and ceramic. It operates an online store for designer wallpapers and focuses on the retail distributors sector, serving residential and commercial customers through its established supply chain. In recent developments, the company has invested in operational enhancements including a 10-color digital printing machine for improved product vibrancy and two high-end Apple machines to boost production speed and quality; it reported net sales growth to Rs 1.11 crore in September 2025, up 6.67% year-over-year, with half-year net profit rising to Rs 4.86 lakhs for the period ended September 30, 2025, alongside routine compliance actions such as resubmissions of financial results and a minor BSE fine for delayed reporting in 2025.