About Alfa Ica (India) Limited
Data last updated: 14 July 2026
Alfa Ica (India) Limited is a public limited company based in Ahmedabad, Gujarat, India. It specialises in wood products and mdf, a part of the broader manufacturing sector. Incorporated on 11 December 1991, the company has been in operation for over 35 years.
Registered with ROC Ahmedabad under CIN L20100GJ1991PLC016763. Listed on BSE: 530973.
Capital: an authorised share capital of ₹7.5 Cr and a paid-up capital of ₹4.04 Cr. It is led by directors including Rishi Rajendra Tikmani and Pooja Tikmani Rajendra.
Last AGM: 27 September 2025. Financial statements filed for year ended 31 March 2025. Office: 1 – 4 Uma Industrial Estate Village: Iawa Sanand, Ahmedabad, Gujarat, India – 380015.
As per BSE-filed standalone financials for FY 2026, the company reported a revenue of ₹86.64 Cr, a growth of 10.29% compared to the previous year. The net worth stands at ₹25.13 Cr (up 8.21% YoY). Total assets are valued at ₹52.59 Cr (up 8.36% YoY).
The company has a workforce of approximately 69 employees as per the latest available data.
The company is associated with 1 brand - Alfa Ica. As per MCA filings, the company has open charges of ₹15 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website alfaica.com.
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Registered Address1 – 4 Uma Industrial Estate Village: Iawa Sanand, Ahmedabad, Gujarat, India – 380015
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IndustryManufacturing, Wood Products & MDF
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Alfa Ica (India) Limited
Alfa Ica (India) Limited has one previous CIN (Corporate Identification Number): U20100GJ1991PLC016763. The current CIN is L20100GJ1991PLC016763, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L20100GJ1991PLC016763 | Current |
| U20100GJ1991PLC016763 | Previous |
Associated Brands with Alfa Ica (India) Limited
Alfa Ica (India) Limited operates one associated brand: Alfa Ica. These brands represent Alfa Ica (India) Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| High-quality laminate products and cubicle systems are manufactured. | alfaica.com |
Competitors & Alternatives of Alfa Ica (India) Limited
Brands and companies operating in the same space as Alfa Ica (India) Limited include Ultrafresh India, Prodecor Homes, Blau Living and 3 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
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Custom modular kitchens and wardrobes are designed and installed. | Delhi, India, India | 1992 |
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Kitchen and wardrobe products are offered online by Prodecor Homes. | Bengaluru, India, India | 2014 |
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BLAU designs and sells kitchens, wardrobes, and TV units for homes. | Hyderabad, India, India | 2016 |
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Provides comprehensive modular kitchen design and furniture solutions for functional, elegant living spaces. | Delhi, India, India | 2008 |
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Offers custom kitchen and wardrobe designs with professional expertise and quality craftsmanship. | Indore, India, India | 2014 |
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Manufactures plastic meal trays, cups, glasses, containers, and biodegradable cutlery. | Daman, India, India | 2003 |
Business Activity of Alfa Ica (India) Limited
Alfa Ica (India) Limited is engaged in the principal business activity of manufacturing, with detailed activities including wood and wood products, furniture, paper and paper products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products | Locked |
Business activity turnover details for Alfa Ica (India) Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
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Auditor Details of Alfa Ica (India) Limited
Alfa Ica (India) Limited is audited by M/S O.P.BHANDARI &Co. (ICAI peer reviewed, certificate valid till 2026-03-31) for the financial year 2026, as reported in its BSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| M/S O.P.BHANDARI &Co. (ICAI peer reviewed, certificate valid till 2026-03-31) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Alfa Ica (India) Limited
Alfa Ica (India) Limited is currently managed by 5 directors, with 8 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Rishi Rajendra Tikmani
Also directs:
Alfa Ica (India) Limited
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Managing Director | 14 Aug 2006 | 19 Years 11 Months | Current |
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Pooja Tikmani Rajendra
Also directs:
Alfa Ica (India) Limited
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Managing Director | 18 Aug 2014 | 11 Years 11 Months | Current |
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Ayush Ratanlal Kedia
Also directs:
Alfa Ica (India) Limited
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Director | 09 Nov 2019 | 6 Years 8 Months | Current |
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Poonam Pravinbhai Panchal
Also directs:
Alfa Ica (India) Limited, Jay Ambe Supermarkets Limited
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Director | 08 Aug 2024 | 1 Years 11 Months | Current |
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Shyamal Rameshchandra Raval
Also directs:
Alfa Ica (India) Limited
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Director | 08 Aug 2024 | 1 Years 11 Months | Current |
Financials of Alfa Ica (India) Limited FY 2026 filings available
Alfa Ica (India) Limited reported revenue of ₹86.64 Cr (up 10.29% YoY) for FY 2026.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹86.64 Cr | ₹78.56 Cr | ₹68.49 Cr | ₹64.64 Cr | ₹79.98 Cr | ₹55.17 Cr | ₹56.47 Cr | ₹56.05 Cr |
| Other Income | ₹1.95 Cr | ₹87.73 Lakh | ₹82.48 Lakh | ₹54.92 Lakh | ₹45.52 Lakh | ₹85.94 Lakh | ₹64.24 Lakh | ₹46.28 Lakh |
| Total Income | ₹88.59 Cr | ₹79.43 Cr | ₹69.32 Cr | ₹65.19 Cr | ₹80.44 Cr | ₹56.03 Cr | ₹57.12 Cr | ₹56.51 Cr |
| Cost of Materials Consumed | ₹52.83 Cr | ₹46.39 Cr | ₹41.16 Cr | ₹39.92 Cr | ₹51.03 Cr | ₹34.29 Cr | ₹35.1 Cr | ₹37.76 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | -₹39.7 Lakh | -₹21.49 Lakh | ₹49.38 Lakh | ₹25.32 Lakh | -₹36.65 Lakh | -₹20.23 Lakh | ₹64.7 Lakh | -₹8.13 Lakh |
| Employee Benefit Expense | ₹2.69 Cr | ₹2.7 Cr | ₹2.37 Cr | ₹2.42 Cr | ₹2.42 Cr | ₹2.28 Cr | ₹2.2 Cr | ₹1.76 Cr |
| Finance Costs | ₹2 Cr | ₹1.94 Cr | ₹1.54 Cr | ₹1.55 Cr | ₹1.51 Cr | ₹1.34 Cr | ₹1.5 Cr | ₹1.62 Cr |
| Depreciation & Amortisation | ₹1.46 Cr | ₹1.35 Cr | ₹99.02 Lakh | ₹1.04 Cr | ₹1.01 Cr | ₹87.99 Lakh | ₹84.54 Lakh | ₹69.01 Lakh |
| Other Expenses | ₹27.47 Cr | ₹25.34 Cr | ₹20.54 Cr | ₹18.05 Cr | ₹22.64 Cr | ₹15.54 Cr | ₹15.18 Cr | ₹12.98 Cr |
| Total Expenses | ₹86.05 Cr | ₹77.51 Cr | ₹67.09 Cr | ₹63.23 Cr | ₹78.24 Cr | ₹54.13 Cr | ₹55.47 Cr | ₹54.72 Cr |
| Profit Before Exceptional Items & Tax | ₹2.55 Cr | ₹1.92 Cr | ₹2.23 Cr | ₹1.95 Cr | ₹2.19 Cr | ₹1.9 Cr | ₹1.65 Cr | ₹1.79 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹2.55 Cr | ₹1.92 Cr | ₹2.23 Cr | ₹1.95 Cr | ₹2.19 Cr | ₹1.9 Cr | ₹1.65 Cr | ₹1.79 Cr |
| Total Tax Expense | ₹64.6 Lakh | ₹48.53 Lakh | ₹54.99 Lakh | ₹49.36 Lakh | ₹56.62 Lakh | ₹48.15 Lakh | ₹41.9 Lakh | ₹53.97 Lakh |
| Net Profit | ₹1.9 Cr | ₹1.44 Cr | ₹1.68 Cr | ₹1.46 Cr | ₹1.63 Cr | ₹1.42 Cr | ₹1.23 Cr | ₹1.25 Cr |
| Other Comprehensive Income | ₹81,000 | ₹79,000 | ₹91,000 | ₹1.91 Lakh | ₹10,100 | ₹50,100 | ₹11,000 | ₹1.12 Lakh |
| Total Comprehensive Income | ₹1.91 Cr | ₹1.45 Cr | ₹1.69 Cr | ₹1.48 Cr | ₹1.63 Cr | ₹1.42 Cr | ₹1.23 Cr | ₹1.26 Cr |
| EBITDA (computed) | ₹6 Cr | ₹5.21 Cr | ₹4.76 Cr | ₹4.54 Cr | ₹4.71 Cr | ₹4.12 Cr | ₹4 Cr | ₹4.09 Cr |
| Basic EPS | ₹4.72 | ₹3.56 | ₹4.16 | ₹3.61 | ₹4.03 | ₹3.52 | ₹3.05 | ₹3.08 |
| Diluted EPS | ₹4.72 | ₹3.56 | ₹4.16 | ₹3.61 | ₹4.03 | ₹3.52 | ₹3.05 | ₹3.08 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | ₹52.59 Cr | ₹48.53 Cr | ₹44.6 Cr | ₹40 Cr | ₹44.91 Cr | ₹37.55 Cr | ₹34.4 Cr | ₹36.83 Cr |
| Non-current Assets | ₹20.15 Cr | ₹19.82 Cr | ₹16.15 Cr | ₹14.62 Cr | ₹13.9 Cr | ₹13.2 Cr | ₹13.22 Cr | ₹12.4 Cr |
| Current Assets | ₹32.44 Cr | ₹28.71 Cr | ₹28.44 Cr | ₹25.38 Cr | ₹31.01 Cr | ₹24.35 Cr | ₹21.18 Cr | ₹24.43 Cr |
| Property, Plant & Equipment | ₹19.92 Cr | ₹19.57 Cr | ₹15.16 Cr | ₹14.43 Cr | ₹13.71 Cr | ₹13.04 Cr | ₹12.55 Cr | ₹12.25 Cr |
| Inventories | ₹14.71 Cr | ₹13.6 Cr | ₹15.78 Cr | ₹15.95 Cr | ₹16.32 Cr | ₹12.37 Cr | ₹10.38 Cr | ₹13.83 Cr |
| Trade Receivables | ₹13.53 Cr | ₹12.04 Cr | ₹9.74 Cr | ₹7.48 Cr | ₹12.48 Cr | ₹8.83 Cr | ₹8.94 Cr | ₹8.67 Cr |
| Cash & Equivalents | ₹22.85 Lakh | ₹35.43 Lakh | ₹42.79 Lakh | ₹17.31 Lakh | ₹19.86 Lakh | ₹15.77 Lakh | ₹33.61 Lakh | ₹12.1 Lakh |
| Equity (Net Worth) | ₹25.13 Cr | ₹23.22 Cr | ₹21.77 Cr | ₹20.09 Cr | ₹18.61 Cr | ₹16.98 Cr | ₹15.56 Cr | ₹14.81 Cr |
| Equity Share Capital | ₹4.04 Cr | ₹4.04 Cr | ₹4.04 Cr | ₹4.04 Cr | ₹4.04 Cr | ₹4.04 Cr | ₹4.04 Cr | ₹4.04 Cr |
| Borrowings (Non-current) | ₹5.85 Cr | ₹7.02 Cr | ₹5.66 Cr | ₹5.58 Cr | ₹5.49 Cr | ₹5.05 Cr | ₹9.87 Cr | ₹6.38 Cr |
| Borrowings (Current) | ₹10.99 Cr | ₹11.98 Cr | ₹8.38 Cr | ₹9.4 Cr | ₹11.95 Cr | ₹7.77 Cr | ₹4.05 Cr | ₹10.34 Cr |
| Total Debt (computed) | ₹16.84 Cr | ₹19 Cr | ₹14.04 Cr | ₹14.97 Cr | ₹17.44 Cr | ₹12.83 Cr | ₹13.92 Cr | ₹16.71 Cr |
| Current Liabilities | ₹20.51 Cr | ₹17.26 Cr | ₹16.3 Cr | ₹13.57 Cr | ₹20.08 Cr | ₹14.85 Cr | ₹8.4 Cr | ₹15.09 Cr |
| Total Liabilities | ₹27.46 Cr | ₹25.31 Cr | ₹22.82 Cr | ₹19.91 Cr | ₹26.3 Cr | ₹20.57 Cr | ₹18.84 Cr | ₹22.02 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | ₹5.85 Cr | ₹1.87 Cr | ₹5.21 Cr | ₹5.75 Cr | -₹1.34 Cr |
| Investing Cash Flow | -₹1.81 Cr | -₹4.96 Cr | -₹2.48 Cr | -₹1.75 Cr | -₹1.73 Cr |
| Financing Cash Flow | -₹4.17 Cr | ₹3.02 Cr | -₹2.47 Cr | -₹4.02 Cr | ₹3.11 Cr |
| Capital Expenditure | ₹1.92 Cr | ₹5.03 Cr | ₹2.62 Cr | ₹1.78 Cr | ₹1.96 Cr |
| Free Cash Flow (computed) | ₹3.93 Cr | -₹3.16 Cr | ₹2.59 Cr | ₹3.98 Cr | -₹3.3 Cr |
| Dividends Paid | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | -₹12.58 Lakh | -₹7.35 Lakh | ₹25.49 Lakh | -₹2.56 Lakh | ₹4.1 Lakh |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹25.9 Cr | ₹22.17 Cr | ₹18.98 Cr | ₹19.59 Cr | ₹20.37 Cr | ₹20.26 Cr | ₹18.42 Cr | ₹19.51 Cr |
| Other Income | ₹1.1 Cr | ₹27.31 Lakh | ₹37.07 Lakh | ₹21.01 Lakh | ₹51.43 Lakh | ₹18.04 Lakh | ₹18 Lakh | ₹26,000 |
| Total Income | ₹27 Cr | ₹22.44 Cr | ₹19.35 Cr | ₹19.8 Cr | ₹20.88 Cr | ₹20.44 Cr | ₹18.6 Cr | ₹19.52 Cr |
| Cost of Materials Consumed | ₹16.49 Cr | ₹13.53 Cr | ₹11.16 Cr | ₹11.66 Cr | ₹10.96 Cr | ₹11.84 Cr | ₹11.58 Cr | ₹12.01 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | -₹25.76 Lakh | -₹33.31 Lakh | -₹12.65 Lakh | ₹32.02 Lakh | -₹3.84 Lakh | ₹52.54 Lakh | -₹18.99 Lakh | -₹51.2 Lakh |
| Employee Benefit Expense | ₹69.68 Lakh | ₹67.86 Lakh | ₹65.53 Lakh | ₹65.44 Lakh | ₹73.52 Lakh | ₹78.5 Lakh | ₹59.1 Lakh | ₹58.75 Lakh |
| Finance Costs | ₹45.47 Lakh | ₹54.97 Lakh | ₹49.47 Lakh | ₹50.15 Lakh | ₹43.5 Lakh | ₹55.08 Lakh | ₹53.38 Lakh | ₹42 Lakh |
| Depreciation & Amortisation | ₹37.92 Lakh | ₹36.32 Lakh | ₹35.81 Lakh | ₹35.7 Lakh | ₹35.74 Lakh | ₹35.33 Lakh | ₹33.63 Lakh | ₹30.16 Lakh |
| Other Expenses | ₹8.46 Cr | ₹7.14 Cr | ₹6.23 Cr | ₹5.64 Cr | ₹7.01 Cr | ₹7.06 Cr | ₹5.14 Cr | ₹6.13 Cr |
| Total Expenses | ₹26.22 Cr | ₹21.93 Cr | ₹18.77 Cr | ₹19.13 Cr | ₹19.46 Cr | ₹21.11 Cr | ₹17.99 Cr | ₹18.94 Cr |
| Profit Before Exceptional Items & Tax | ₹78.28 Lakh | ₹51.66 Lakh | ₹58.44 Lakh | ₹66.18 Lakh | ₹1.42 Cr | -₹67.66 Lakh | ₹60.65 Lakh | ₹57.4 Lakh |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹78.28 Lakh | ₹51.66 Lakh | ₹58.44 Lakh | ₹66.18 Lakh | ₹1.42 Cr | -₹67.66 Lakh | ₹60.65 Lakh | ₹57.4 Lakh |
| Total Tax Expense | ₹21.86 Lakh | ₹12.99 Lakh | ₹13.29 Lakh | ₹16.46 Lakh | ₹34.43 Lakh | -₹13.75 Lakh | ₹12.56 Lakh | ₹15.27 Lakh |
| Net Profit | ₹56.42 Lakh | ₹38.67 Lakh | ₹45.15 Lakh | ₹49.72 Lakh | ₹1.08 Cr | -₹53.91 Lakh | ₹48.09 Lakh | ₹42.12 Lakh |
| Other Comprehensive Income | ₹81,000 | ₹0 | ₹0 | ₹0 | ₹79,000 | ₹0 | ₹0 | ₹0 |
| Total Comprehensive Income | ₹57.23 Lakh | ₹38.67 Lakh | ₹45.15 Lakh | ₹49.72 Lakh | ₹1.08 Cr | -₹53.91 Lakh | ₹48.09 Lakh | ₹42.12 Lakh |
| EBITDA (computed) | ₹1.62 Cr | ₹1.43 Cr | ₹1.44 Cr | ₹1.52 Cr | ₹2.21 Cr | ₹22.74 Lakh | ₹1.48 Cr | ₹1.3 Cr |
| Basic EPS | ₹1.42 | ₹0.96 | ₹1.12 | ₹1.23 | ₹2.66 | ₹-1.33 | ₹1.19 | ₹1.04 |
| Diluted EPS | ₹1.42 | ₹0.96 | ₹1.12 | ₹1.23 | ₹2.66 | ₹-1.33 | ₹1.19 | ₹1.04 |
Shareholding Pattern of Alfa Ica (India) Limited
As per the shareholding pattern filed with BSE for the quarter ended Mar 2026, promoters hold 71.12%, domestic institutional investors hold 0.05%, retail and other public shareholders hold 28.83% of Alfa Ica (India) Limited. The company had 3,104 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 71.12% | 71.12% | 71.12% | 71.12% | 71.12% | 71.12% |
| Public | 28.88% | 28.88% | 28.88% | 28.88% | 28.88% | 28.88% |
| Mar 2026 | Mar 2025 | Mar 2024 | |
|---|---|---|---|
| Promoters | 71.12% | 71.12% | 71.12% |
| Public | 28.88% | 28.88% | 28.88% |
| Promoter change (YoY, %pts) | +0.00 | +0.00 | - |
Charges & Borrowings of Alfa Ica (India) Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Dec 1993 | State Bank of India | ₹15 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Alfa Ica (India) Limited
Alfa Ica (India) Limited has a workforce of 69 employees as of Mar 28, 2024.
Employee and EPFO history for Alfa Ica (India) Limited
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GST Compliance of Alfa Ica (India) Limited
GST registrations and filing compliance for Alfa Ica (India) Limited
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Credit Ratings, Litigation & Regulatory Alerts for Alfa Ica (India) Limited
Credit ratings, litigation, and regulatory alerts for Alfa Ica (India) Limited
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MSME Payment Delays by Alfa Ica (India) Limited
MSME payment history for Alfa Ica (India) Limited
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Subsidiaries & Group Companies of Alfa Ica (India) Limited
Corporate group structure for Alfa Ica (India) Limited
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MCA Filings & Documents of Alfa Ica (India) Limited
MCA filings and documents for Alfa Ica (India) Limited
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Recent Activity on Alfa Ica (India) Limited
Frequently Asked Questions about Alfa Ica (India) Limited
Alfa Ica (India) Limited is an active public limited company in the manufacturing sector based in Ahmedabad, Gujarat, India. It was incorporated on 11 December 1991 (35+ years old) and is registered under CIN L20100GJ1991PLC016763. Listed on BSE: 530973. The company has 69 employees.
Alfa Ica (India) Limited reported revenue of ₹86.64 Cr for FY 2026 (up 10.29% YoY) based on standalone BSE filings.
The current directors of Alfa Ica (India) Limited are:
- Rishi Rajendra Tikmani - Managing Director
- Pooja Tikmani Rajendra - Managing Director
- Ayush Ratanlal Kedia - Director
- Poonam Pravinbhai Panchal - Director
- Shyamal Rameshchandra Raval - Director
The primary industry of Alfa Ica (India) Limited is manufacturing. The company specifically operates in wood products and mdf. The company is currently active in this sector.
Yes. Alfa Ica (India) Limited is listed on BSE with code 530973.
Alfa Ica (India) Limited can be reached at the registered office: 1 – 4 Uma Industrial Estate Village: Iawa Sanand, Ahmedabad, Gujarat, India – 380015, or through the website alfaica.com.