Accord Vitrified Private Limited

Accord Vitrified Private Limited - manufacturing in Morbi, Gujarat, India. FY 2026 financials & compliance.
CIN U26990GJ2017PTC098099 Incorporated 30 June 2017 ROC Ahmedabad HQ Morbi, Gujarat, India
Active Private Limited Company manufacturing MSME · Medium
Data last updated
Revenue · FY 2025
₹271.09 Cr
▲ 65% YoY
Net profit · FY 2025
₹1.16 Cr
Net margin 0.4%
EBITDA · FY 2025
₹23.41 Cr
EBITDA margin 8.6%
Authorised capital
₹30 Cr
Registered with MCA
Paid-up capital
₹30 Cr
Issued & subscribed
Open charges
₹140.1 Cr
Satisfied ₹70 Cr
Company age
9 yrs
Est. 2017
Employees · EPFO
37
Provident fund records

About Accord Vitrified Private Limited

Data last updated:

Accord Vitrified Private Limited is a private limited company based in Morbi, Gujarat, India. It operates in the sanitaryware and tile segment of the manufacturing sector. It was incorporated on 30 June 2017 and has been in existence for over 9 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U26990GJ2017PTC098099. Its GSTIN is 24AAPCA7547N1Z0 (Gujarat).

The company has an authorised share capital of ₹30 Cr and a paid-up capital of ₹30 Cr. It is led by directors including Amitbhai Narbherambhai Patel and Sagarbhai Narbherambhai Patel.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at S. No. 151/P3 Nr. Narmada Canal Morbi – Halvad Road Tal. & Dist. Morbi, Gujarat, India – 363642.

As per the financials filed for FY 2025, the company reported a revenue of ₹271.09 Cr, a growth of 65% compared to the previous year. For the same year it recorded a net profit of ₹1.16 Cr (net margin 0.4%) and EBITDA of ₹23.41 Cr (EBITDA margin 8.6%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 24% over five years.

The company has about 37 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Accord Vitrified. As per MCA filings, the company has open charges of ₹140.1 Cr and satisfied charges of ₹70 Cr on record. Court records list 83 cases involving the company, including 79 filed by the company and 4 filed against it; 40 cases are pending. The company has 3 deals on record (2 secondary share transfers, 1 rights issue); the latest was in April 2023. Its 6 peer companies in the Manufacturing industry (Ceramics, Sanitaryware and Tiles), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products) are compared by revenue, 3 larger and 3 smaller; the largest is Delta Tiles Limited with revenue of ₹301.25 Cr.

Accord Vitrified Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-32-0015056). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website accordceramics.com.

Company details

CIN U26990GJ2017PTC098099
Registration Number 098099
Incorporation Date 30 June 2017
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-32-0015056
Key People
Amitbhai Narbherambhai Patel Director Sagarbhai Narbherambhai Patel Director Jaykumar Khimjibhai Saidva Director

Recognitions & Rankings of Accord Vitrified

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-GJ-32-0015056

Contact details

Accord Vitrified Private Limited's registered office is in Morbi, Gujarat. Its website is accordceramics.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    accordceramics.com
  • Social Media
  • Registered Address
    S. No. 151/P3 Nr. Narmada Canal Morbi – Halvad Road Tal. & Dist. Morbi, Gujarat, India – 363642
  • Industry
    Manufacturing, Sanitaryware & Tile, Ceramics

To see the full contact details of Accord Vitrified Private Limited, buy the company report.

Comprehensive company report
Accord Vitrified Private Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Brands

Accord Vitrified operates one associated brand: Accord Vitrified. Each brand links to its own profile.

BrandDescriptionWebsite
Accord Vitrified
Manufacturing of vitrified tiles and related products in India.accordceramics.com

Business activity

The main business activity of Accord Vitrified is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC8Plastic products, non-metallic mineral products, rubber products, fabricated metal products

To see the full business activity and turnover split of Accord Vitrified Private Limited, buy the company report.

Financials of Accord Vitrified Private Limited

FY 2025 filings available

Accord Vitrified Private Limited reported revenue of ₹271.09 Cr (up 65% YoY) for FY 2025.

Revenue · FY 2025
₹271.09 Cr ▲ 65%
Net profit · FY 2025
₹1.16 Cr margin 0.4%
EBITDA · FY 2025
₹23.41 Cr margin 8.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 65%
3 years · compounded
▲ 19%
5 years · compounded
▲ 24%
EBITDA CAGR growth
1 year
▲ 62%
3 years · compounded
▲ 11%
5 years · compounded
▲ 7%

Revenue has grown at a compounded annual rate (CAGR) of 24% over five years, including 65% growth in the latest year. EBITDA rose 62% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹23.41 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.16 Cr
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin8.6%
Net Profit Margin0.4%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Accord Vitrified Private Limited, buy the company report.

Board of directors of Accord Vitrified Private Limited

Accord Vitrified has 13 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Amitbhai Narbherambhai Patel
Also directs: Accord Plus Ceramics Private Limited
Director29 Sep 20188 Years 1 MonthsCurrent
Sagarbhai Narbherambhai Patel
Also directs: Accord Plus Ceramics Private Limited
Director29 Sep 20188 Years 1 MonthsCurrent
Jaykumar Khimjibhai Saidva
Also directs: Accord Plus Ceramics Private Limited
Director29 Sep 20188 Years 1 MonthsCurrent
Chatur Mavji Saradva
Also directs: Accord Plus Ceramics Private Limited, Accord Ceramics LLP
Director29 Sep 20188 Years 1 MonthsCurrent
Rimal Vallabhbhai Kataria
Also directs: Accord Plus Ceramics Private Limited, Kataria Snack Pellets Private Limited, Kataria Foods Private Limited and 1 more
Director29 Sep 20188 Years 1 MonthsCurrent
Narbheram Mavjibhai Patel
Also directs: Accord Plus Ceramics Private Limited
Director30 Jun 20179 Years 4 MonthsCurrent
Showing 6 of 13 current directors. View all directors

Peer comparison

Accord Vitrified Private Limited is compared with the 6 companies closest to it by revenue in the Manufacturing industry (Ceramics, Sanitaryware and Tiles), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Delta Tiles Limited₹301.25 Cr (FY 2025)-7.0%Rajkot, Gujarat, India
Oasis Vitrified Private Limited₹296.41 Cr (FY 2025)-2.0%Timbdi, Gujarat, India
Color Granito Private Limited₹279.72 Cr (FY 2025)-5.0%Ratavirda, Gujarat, India
Accord Vitrified Private Limitedthis company₹271.09 Cr (FY 2025)₹1.16 Cr0.4%65.0%37Morbi, Gujarat, India
Ita Lake Ceramic Private Limited₹265.85 Cr (FY 2025)-11.0%Bela, Gujarat, India
Acecon Vitrified Private Limited₹260.19 Cr (FY 2024)15.0%Wankaner, Gujarat, India
Win-Tel Ceramics Private Limited₹253.63 Cr (FY 2025)-5.0%Morbi, Gujarat, India

To see the full peer comparison of Accord Vitrified Private Limited, buy the company report.

Auditor

Accord Vitrified Private Limited is audited by D.V BAKRANIA & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
D.V BAKRANIA & ASSOCIATESFY 2023127116W

Shareholding

The shareholding of Accord Vitrified Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Accord Vitrified Private Limited, buy the company report.

Charges & borrowings

Open charges
₹140.1 Cr
Satisfied charges
₹70 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹140.10 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
31 May 2021100453184Hdfc Bank Limited₹140.1 CrOpen
20 Jun 2018100187603State Bank of India₹70 CrSatisfied

To see the full charge records of Accord Vitrified Private Limited, buy the company report.

Total charge records: 2 View all charges

Deals & funding

Accord Vitrified Private Limited has 3 deals on record (2 secondary share transfers, 1 rights issue); the latest was in April 2023.

Total deals
3
Secondary share transfers
2
Rights issue
1

Deals on record (3 of 3)

WhenDealAmountParties
Apr 2023Secondary share transferUndisclosedBuyer: 2 individuals
Seller: 4 individuals
Aug 2018Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Sep 2017Rights issue₹29.99 CrInvestors: 4 individuals

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Accord Vitrified Private Limited was last rated by Crisil on 09 Jul 2020.

Rating agencyRated onRating
Crisil09 Jul 2020

To see the full credit ratings and regulatory alerts of Accord Vitrified Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Accord Vitrified Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Accord Vitrified Private Limited has a workforce of 37 employees on its EPFO records as of Mar 21, 2024, across 1 active EPFO establishment.

Employee count
37
Active EPFO establishments
1
Employee growth
42.31%

GST

Accord Vitrified has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAPCA7547N1Z0GujaratActive03 Nov 2017

To see the full GST registrations and return filing status of Accord Vitrified Private Limited, buy the company report.

Recent activity

Accord Vitrified Private Limited has 13 board changes on record since 2017: 13 appointments. The latest: Amitbhai Narbherambhai Patel was appointed as Director on 29 Sep 2018.

AGM
Accord Vitrified Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Accord Vitrified Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Hdfc Bank Limited of Rs. 140.10 Cr registered on 31 May 2021 with Charge ID 100453184 was modified on 19 Mar 2024.
Charges
A charge registered on 20 Jun 2018 via Charge ID 100187603 with State Bank Of India was fully satisfied on 22 Jul 2021.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 140.10 Cr with Charge ID 100453184 was registered on 31 May 2021.
Appointed
Amitbhai Narbherambhai Patel was appointed as Director.
Appointed
Bharatkumar Mavji Saidava was appointed as Director.
Appointed
Chatur Mavji Saradva was appointed as Director.
Appointed
Jaykumar Khimjibhai Saidva was appointed as Director.
Appointed
Kishor Mavjibhai Saradava was appointed as Director.
Appointed
Nirav Chaturbhai Saradva was appointed as Director.
Appointed
Parth Bharatbhai Saidava was appointed as Director.

8 earlier events are in the company report.

Frequently asked questions

Accord Vitrified is an active private limited company based in Morbi, Gujarat, India. The company works in sanitaryware and tile, within the manufacturing industry. It was incorporated on 30 June 2017 (9+ years old) and is registered under CIN U26990GJ2017PTC098099.

Accord Vitrified has 13 current directors:

The latest financial statements of Accord Vitrified on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2018 are in the company report.

The GSTIN of Accord Vitrified is 24AAPCA7547N1Z0, registered in Gujarat.

The CIN (Corporate Identification Number) of Accord Vitrified is U26990GJ2017PTC098099. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Accord Vitrified has 83 court cases on record: 79 filed by the company and 4 filed against it. 40 are pending. Most are in the district courts.

Accord Vitrified was incorporated on 30 June 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Accord Vitrified has 3 deals on record (2 secondary share transfers, 1 rights issue); the latest was in April 2023.

The peers of Accord Vitrified by revenue are Delta Tiles Limited, Oasis Vitrified Private Limited, Color Granito Private Limited, Ita Lake Ceramic Private Limited, Acecon Vitrified Private Limited and 1 more, all in the Manufacturing industry (Ceramics, Sanitaryware and Tiles), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).

Amitbhai Narbherambhai Patel was appointed as Director on 29 Sep 2018. Bharatkumar Mavji Saidava was appointed as Director on 29 Sep 2018. Chatur Mavji Saradva was appointed as Director on 29 Sep 2018. Accord Vitrified has 13 board changes on record in total.

Yes, Accord Vitrified is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-32-0015056).