MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-32-0000491
Ascent Ceramica Private Limited - manufacturing in Wankaner, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹14.51 Cr
▼ 50% YoY
Net loss · FY 2023
₹11.92 Cr
Net margin -82.1%
EBITDA · FY 2023
-₹7.73 Cr
EBITDA margin -53.3%
Authorised capital
₹14 Cr
Registered with MCA
Paid-up capital
₹14 Cr
Issued & subscribed
Open charges
₹23.83 Cr
Secured borrowings
Company age
14 yrs
Est. 2012
Employees · EPFO
4
Provident fund records
About Ascent Ceramica Private Limited
Data last updated:
Ascent Ceramica Private Limited is a private limited company based in Wankaner, Gujarat, India. It operates in the sanitaryware and tile segment of the manufacturing sector. It was incorporated on 12 September 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U26915GJ2012PTC071943. Its GSTIN is 24AAKCA9868P2ZO (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹14 Cr and a paid-up capital of ₹14 Cr. It is led by directors Deepak Dhanjibhai Detroja and Deven Jayantilal Aghara.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Survey No. 181 Paiki 1 Vill Lakkaddhar, Wankaner, Gujarat, India – 363622.
As per the financials filed for FY 2023, the company reported a revenue of ₹14.51 Cr, a decline of 50% compared to the previous year. For the same year it recorded a net loss of ₹11.92 Cr (net margin -82.1%) and EBITDA of -₹7.73 Cr (EBITDA margin -53.3%). Revenue has grown at a compounded annual rate (CAGR) of 38% over three years and 6% over five years.
The company has about 4 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹23.83 Cr on record. Court records list 5 cases involving the company, including 1 filed by the company and 4 filed against it; 2 cases are pending.
Ascent Ceramica Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-32-0000491). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ascentcera.com.
Company details
CIN U26915GJ2012PTC071943
Registration Number 071943
Incorporation Date 12 September 2012
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-32-0000491
Recognitions & Rankings of Ascent Ceramica
Contact details
Ascent Ceramica Private Limited's registered office is in Wankaner, Gujarat. Its website is ascentcera.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSurvey No. 181 Paiki 1 Vill Lakkaddhar, Wankaner, Gujarat, India – 363622
- IndustryManufacturing, Sanitaryware & Tile, Ceramics
To see the full contact details of Ascent Ceramica Private Limited, buy the company report.
Comprehensive company report
Ascent Ceramica 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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Business activity
The main business activity of Ascent Ceramica is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Ascent Ceramica Private Limited, buy the company report.
Financials of Ascent Ceramica Private Limited
FY 2023 filings availableAscent Ceramica Private Limited reported revenue of ₹14.51 Cr (down 50% YoY) for FY 2023.
Revenue · FY 2023
₹14.51 Cr ▼ 50%
Net loss · FY 2023
₹11.92 Cr margin -82.1%
EBITDA · FY 2023
-₹7.73 Cr margin -53.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 50%
3 years · compounded
▼ 38%
5 years · compounded
▲ 6%
EBITDA CAGR growth
1 year
▼ 43%
3 years · compounded
▼ 39%
5 years · compounded
▼ 58%
Revenue fell 50% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 6%. EBITDA fell 43% 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹14.51 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹7.73 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹11.92 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -53.3% | ||||
| Net Profit Margin | -82.1% | ||||
| 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 Ascent Ceramica Private Limited, buy the company report.
Board of directors of Ascent Ceramica Private Limited
Ascent Ceramica has 2 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deepak Dhanjibhai Detroja | Director | 08 Apr 2019 | 7 Years 7 Months | Current |
| Deven Jayantilal Aghara Also directs: Evetis Stone LLP, Altilio Tile LLP | Additional Director | 28 Jan 2025 | 1 Years 9 Months | Current |
Peer comparison
Ascent Ceramica Private Limited is compared with the 3 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Patel's Ceramics Private Limited | ₹14.65 Cr (FY 2024) | -5.0% | Morbi, Gujarat, India | |||
| Ascent Ceramica Private Limitedthis company | ₹14.51 Cr (FY 2023) | -₹11.92 Cr | -82.1% | -50.0% | 4 | Wankaner, Gujarat, India |
| Sak Plast Private Limited | ₹14.39 Cr (FY 2024) | 55.0% | Delhi, India | |||
| Feona Ceramic Private Limited | ₹14.29 Cr (FY 2018) | -35.0% | Morbi, Gujarat, India |
To see the full peer comparison of Ascent Ceramica Private Limited, buy the company report.
Auditor
Ascent Ceramica Private Limited is audited by UMESH KABRA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| UMESH KABRA & CO. | FY 2023 | 133130W |
Shareholding
The shareholding of Ascent Ceramica 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 category | FY 2023 | FY 2022 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ascent Ceramica Private Limited, buy the company report.
Charges & borrowings
Open charges
₹23.83 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Jun 2017 | 100105494 | Others | ₹7.5 Lakh | Open | |
| 21 Oct 2016 | 100059047 | Tjsb Sahakari Bank Limited | ₹23.75 Cr | Open |
To see the full charge records of Ascent Ceramica Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Ascent Ceramica Private Limited has 5 court cases on record: 1 filed by Ascent Ceramica, 4 filed against it. 2 cases are pending and 3 are disposed.
Total cases
5
Filed by the company
1
Filed against the company
4
Pending
2
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 3 | 2 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, MORBI, Gujarat | Criminal complaint | Filed against the company by Fritta India Private Limited C.A.1450000 | Pending |
| District court, MORBI, Gujarat | Court case (CR EN) | Filed against the company by Fritta India Private Limited C.A.1450000 | Disposed |
| District court, MORBI, Gujarat | Criminal complaint | Filed by the company against an individual | Pending |
| District court, MORBI, Gujarat | Criminal miscellaneous application | Filed against the company by TJSB Sahakari Bank Ltd. - Ashish Navinchandra Gandhi | Disposed |
| NCLT, Ahmedabad | Insolvency matter | Filed against the company by an individual | Disposed |
To see the full case history of Ascent Ceramica Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ascent Ceramica Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ascent Ceramica Private Limited has a workforce of 4 employees on its EPFO records as of Jul 2021, across 1 active EPFO establishment.
Employee count
4
Active EPFO establishments
1
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2021-22 | 4 |
| FY 2020-21 | |
| FY 2019-20 |
To see the full employee and EPFO history of Ascent Ceramica Private Limited, buy the company report.
GST
Ascent Ceramica has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAKCA9868P2ZO | Gujarat | Active | 01 Jun 2025 |
To see the full GST registrations and return filing status of Ascent Ceramica Private Limited, buy the company report.
Recent activity
Ascent Ceramica Private Limited has 36 board changes on record since 2012: 19 appointments and 17 cessations. The latest: Hans Raj ceased to be Director on 29 Jan 2025.
Charges
A charge with Tjsb Sahakari Bank Limited of Rs. 23.75 Cr registered on 21 Oct 2016 with Charge ID 100059047 was modified on 17 May 2025.
Ceased
Hans Raj ceased to be Director.
Appointed
Deven Jayantilal Aghara was appointed as Additional Director.
AGM
Ascent Ceramica Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Ascent Ceramica Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.
Ceased
Harikrushnabhai Khimjibhai Jakasaniya ceased to be Director.
Ceased
Rajesh Vilpara ceased to be Director.
Appointed
Harikrushnabhai Khimjibhai Jakasaniya was appointed as Director.
Appointed
Rajesh Vilpara was appointed as Director.
Ceased
Suraj Ratan Chandak ceased to be Director.
Ceased
Vinodkumar Maganlal Vamja ceased to be Director.
Ceased
Rajeshkumar Kanjibhai Detroja ceased to be Director.
30 earlier events are in the company report.
Frequently asked questions
Ascent Ceramica is an active private limited company based in Wankaner, Gujarat, India. The company works in sanitaryware and tile, within the manufacturing industry. It was incorporated on 12 September 2012 (14+ years old) and is registered under CIN U26915GJ2012PTC071943.
Ascent Ceramica has 2 current directors:
- Deepak Dhanjibhai Detroja - Director
- Deven Jayantilal Aghara - Additional Director
The latest financial statements of Ascent Ceramica on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Ascent Ceramica is 24AAKCA9868P2ZO, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Ascent Ceramica is U26915GJ2012PTC071943. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ascent Ceramica has 5 court cases on record: 1 filed by the company and 4 filed against it. 2 are pending. Most are in the district courts.
Ascent Ceramica was incorporated on 12 September 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Ascent Ceramica by revenue are Patel's Ceramics Private Limited, Sak Plast Private Limited, Feona Ceramic Private Limited, 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).
Hans Raj ceased to be Director on 29 Jan 2025. Deven Jayantilal Aghara was appointed as Additional Director on 28 Jan 2025. Harikrushnabhai Khimjibhai Jakasaniya ceased to be Director on 26 Dec 2021. Ascent Ceramica has 36 board changes on record in total.
Yes, Ascent Ceramica is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-32-0000491).
Ascent Ceramica can be reached through the website ascentcera.com. Its registered office is in Wankaner, Gujarat, India.
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