About Acecon Vitrified
Acecon Vitrified is a Real Estate & Construction company based in Wankaner (India). It produces high-quality vitrified and GVT tiles using modern technologies for interior decor. It operates on a B2B model. The company has 21 employees. Its Indian entity Acecon Vitrified Private Limited reported revenue of ₹260 Cr. Its focus areas include Manufacturing, Building Materials, Tiles Production and Vitrified Tiles. Similar companies include Somany Ceramics, Simpolo and Varmora Granito; 2 of its 3 listed similar companies have raised funding.
Company details
Acecon Vitrified, based in Wankaner, focuses on producing manufactured goods, supplying building materials, tiles production, and vitrified tiles. Produces high-quality vitrified and GVT tiles using modern technologies for interior decor. The company prioritizes operational excellence, innovation, and customer-centric approaches for success.
- Headquarters Wankaner, India
- Employees 21
- SectorsReal Estate & Construction
- Email••••••••
- Website aceconvitrified.com
- Social Facebook
- Legal Name Acecon Vitrified Private Limited
- Date of Incorporation 04 Nov, 2015
- Jurisdiction Wankaner, Gujarat, India
- Annual Revenue₹260 Cr
FY 2024 · +15% YoY
- Net Profit₹8.57 Cr
FY 2024 · 3% margin
- EBITDA₹21.32 Cr
FY 2024 · 8% margin
- Employee Count21
Associated legal entities of Acecon Vitrified
Acecon Vitrified operates through Acecon Vitrified Private Limited (amalgamated). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Acecon Vitrified Private Limited CIN U26941GJ2015PTC084986 | Amalgamated | 04 Nov 2015 | Wankaner, Gujarat | ₹260 Cr | 21 | 6 | View details |
Board of directors of Acecon Vitrified Private Limited (Acecon Vitrified)
Acecon Vitrified Private Limited is the primary company behind Acecon Vitrified. The board of Acecon Vitrified Private Limited currently have 4 directors; the longest-serving is Nishant Mahendrabhai Faldu, appointed in 2015. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Nishant Mahendrabhai Faldu DIN 03268018 | Director | 04 Nov 2015 | 11 yrs | Acecon Vitrified Private Limited |
| Bhavin Arvinbhai Faldu DIN 07258763 | Director | 04 Nov 2015 | 11 yrs | Acecon Vitrified Private Limited |
| Chintukumar Ashokbhai Sarodia DIN 01719500 | Director | 22 Jul 2016 | 10 yrs 3 mo | Acecon Vitrified Private Limited |
| Hiral Jainesh Shah DIN 09810987 | Company Secretary | 01 Jan 2023 | 3 yrs 10 mo | Acecon Vitrified Private Limited |
Financials of Acecon Vitrified
Figures of Acecon Vitrified Private Limited, the primary company behind Acecon Vitrified, for FY 2024. Revenue was ₹260 Cr (+15% year on year). Net profit was ₹8.57 Cr (3% margin). EBITDA was ₹21.32 Cr (8% margin). Revenue has grown at a compounded annual rate of -2% over three years and +9% over five years.
- ₹260 CrRevenue · FY 2024 · +15% YoY
- ₹8.57 CrNet profit · 3% margin
- ₹21.32 CrEBITDA · 8% margin
- ₹32.00 CrPaid-up capital
- 21Employees (provident fund records)
- -2%Revenue CAGR, 3 years
- +9%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Acecon Vitrified Private Limited are on its company page.
Detailed financial statements for Acecon Vitrified
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- Financial ratios
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Verified entity values are shown only after access is granted.
Similar companies to Acecon Vitrified
Acecon Vitrified has 3 listed similar companies in our database, 2 of them funded. They include Somany Ceramics, Simpolo and Varmora Granito.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| somanyceramics.com | 1969 | Noida, India | $8M | 1,963 | Ceramic tiles are manufactured by Somany Ceramics in India. | |
| simpolo.com | 1977 | Morbi, India | $65.96M | Vitrified tiles and bathware products are manufactured for diverse applications. | ||
| varmora.com | 2003 | Mumbai, India | 4 | Ceramic flooring tiles are manufactured for construction applications. |
Detailed similar companies of Acecon Vitrified
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Top companies in Building Materials
3 companies that operate in the same segment as Acecon Vitrified (Building Materials) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Manufacturer of cement, gypsum plaster, tile adhesives, and wood finishing products | 1975 | Kanpur, Uttar Pradesh, India | USD 1.44 B | 9,047 | ||
Industrial and decorative paints are manufactured along with related solutions. | 1942 | Mumbai, Maharashtra, India | USD 3.87 B | 10 | ||
Specializes in designing and manufacturing aesthetically pleasing bathroom solutions | 1960 | Gurugram, Haryana, India |
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Frequently Asked Questions about Acecon Vitrified
Acecon Vitrified is headquartered in Wankaner, India. It is registered at Wankaner, Gujarat, India.
Acecon Vitrified has 21 employees.
The primary company behind Acecon Vitrified, Acecon Vitrified Private Limited, reported revenue of ₹260 Cr for FY 2024, up 15% year on year.
Acecon Vitrified, based in Wankaner, focuses on producing manufactured goods, supplying building materials, tiles production, and vitrified tiles. Produces high-quality vitrified and GVT tiles using modern technologies for interior decor. The company prioritizes operational excellence, innovation, and customer-centric approaches for success.
Acecon Vitrified's top competitors include Somany Ceramics, Simpolo and Varmora Granito.
Acecon Vitrified operates through Acecon Vitrified Private Limited.
The legal entities of Acecon Vitrified currently have 5 directors, including Hiral Jainesh Shah, Nishant Mahendrabhai Faldu, Hiral Pankaj Shah and others.