MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-32-0004018
Bicero Tiles LLP
Bicero Tiles LLP - manufacturing in Halvad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2021
₹46.05 Cr
▲ 16% YoY
Net profit · FY 2021
₹59.35 Lakh
Net margin 1.3%
EBITDA · FY 2021
₹5.37 Cr
EBITDA margin 11.7%
Contribution obligation
₹10 Cr
As per LLP agreement
Open charges
₹14.86 Cr
Secured borrowings
LLP age
10 yrs
Est. 2016
Employees · EPFO
18
Provident fund records
Designated partners
2
As per MCA filings
About Bicero Tiles LLP
Data last updated:
Bicero Tiles LLP is a limited liability partnership (LLP) based in Halvad, Gujarat, India. It operates in the ceramics, sanitaryware and tile segment of the manufacturing sector. It was incorporated on 20 May 2016 and has been in existence for over 10 years.
The LLP is registered with the Registrar of Companies (ROC), Ahmedabad, under LLPIN AAG-4217.
The LLP has a total obligation of contribution of ₹10 Cr. It is led by designated partners Ashwin Mavjibhai Chhatrola and Arvindbhai Savjibhai Chikhalia.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at Survey No. 1838/P1 1839/P1 1839/P2 And 1960 Village: Charadva, Halvad, Gujarat, India – 363330.
As per the financials filed for FY 2021, the LLP reported a revenue of ₹46.05 Cr, a growth of 16% compared to the previous year. For the same year it recorded a net profit of ₹59.35 Lakh (net margin 1.3%) and EBITDA of ₹5.37 Cr (EBITDA margin 11.7%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years.
The LLP has about 18 employees on its provident fund (EPFO) records.
As per MCA filings, the LLP has open charges of ₹14.86 Cr on record. Court records list 2 cases involving the LLP, including 2 filed by the LLP; 1 case is pending.
Bicero Tiles LLP is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-32-0004018).
Company details
LLPIN AAG-4217
Incorporation Date 20 May 2016
Total Obligation of Contribution ₹10 Cr
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 March 2025
Date of Balance Sheet 31 March 2025
MSME Classification Small
Udyam Registration UDYAM-GJ-32-0004018
Key People
Ashwin Mavjibhai Chhatrola Designated Partner Arvindbhai Savjibhai Chikhalia Designated Partner Recognitions & Rankings of Bicero Tiles
Contact details
Bicero Tiles LLP's registered office is in Halvad, Gujarat. Its e-mail address is in the company report.
- Email
- Registered AddressSurvey No. 1838/P1 1839/P1 1839/P2 And 1960 Village: Charadva, Halvad, Gujarat, India – 363330
- IndustryManufacturing, Ceramics, Sanitaryware & Tile
To see the full contact details of Bicero Tiles LLP, buy the company report.
Comprehensive company report
Bicero Tiles LLP - 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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Secure checkout · GST invoice included
Financials of Bicero Tiles LLP
FY 2025 filings availableBicero Tiles LLP reported revenue of ₹46.05 Cr (up 16% YoY) for FY 2021.
Revenue · FY 2021
₹46.05 Cr ▲ 16%
Net profit · FY 2021
₹59.35 Lakh margin 1.3%
EBITDA · FY 2021
₹5.37 Cr margin 11.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 16%
3 years · compounded
▲ 26%
EBITDA CAGR growth
1 year
▲ 103%
Revenue has grown at a compounded annual rate (CAGR) of 26% over three years, including 16% growth in the latest year. EBITDA rose 103% 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
| Statement of Account and Solvency | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Income and Expenditure | |||||
| Turnover | |||||
| Other Income | |||||
| Total Income | ₹46.05 Cr | ||||
| Purchases and Direct Costs | |||||
| Personnel Expenses | |||||
| Administrative Expenses | |||||
| Interest | |||||
| Depreciation | |||||
| Total Expenses | |||||
| Profit Before Tax | |||||
| Tax | |||||
| Profit After Tax | ₹59.35 Lakh | ||||
| Profit Transferred to Partners | |||||
| Assets and Liabilities | |||||
| Partners' Contribution | |||||
| Reserves and Surplus | |||||
| Secured Loans | |||||
| Unsecured Loans | |||||
| Trade Payables | |||||
| Other Liabilities and Provisions | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Loans and Advances | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Statement of Account and Solvency | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | 1.3% | ||||
| Return on Partners' Funds | |||||
| Return on Assets | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Debt to Partners' Funds | |||||
| Interest Coverage | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Turnover Growth | |||||
| Profit Growth | |||||
To see the full financial statements and ratios of Bicero Tiles LLP, buy the company report.
Designated partners of Bicero Tiles LLP
Bicero Tiles has 2 current designated partners and 7 former designated partners. Current designated partners are listed first, with their designation and appointment date.
Current Designated Partners
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashwin Mavjibhai Chhatrola Also directs: Audi Ceramic LLP | Designated Partner | 10 Jun 2024 | 2 Years 4 Months | Current |
| Arvindbhai Savjibhai Chikhalia | Designated Partner | 10 Jun 2024 | 2 Years 4 Months | Current |
Charges & borrowings
Open charges
₹14.86 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Jan 2017 | 100071460 | Indian Bank | ₹14.86 Cr | Open |
To see the full charge records of Bicero Tiles LLP, buy the company report.
Total charge records: 1 View all charges
Legal cases
Bicero Tiles LLP has 2 court cases on record: 2 filed by Bicero Tiles. 1 case is pending and 1 is disposed.
Total cases
2
Filed by the company
2
Pending
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
| High courts | 1 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, MORBI, Gujarat | Commercial matter | Filed by the company against Morbi Impex LLP | Pending |
| High Court, GUJARAT | Special civil application | Filed by the company against State of Gujarat and 4 others | Disposed |
To see the full case history of Bicero Tiles LLP, 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.
Credit ratings & regulatory alerts
Bicero Tiles LLP was last rated by Icra on 30 Mar 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 30 Mar 2022 |
To see the full credit ratings and regulatory alerts of Bicero Tiles LLP, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Bicero Tiles LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Bicero Tiles LLP has a workforce of 15 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
15
Active EPFO establishments
1
GST
No GST registration is on our record for Bicero Tiles LLP; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Bicero Tiles LLP has 9 designated partner changes on record since 2017: 3 appointments and 6 cessations. The latest: Arvindbhai Savjibhai Chikhalia was appointed as Designated Partner on 10 Jun 2024.
AGM
Bicero Tiles Llp last Annual general meeting of members was held on 31 Mar 2025 as per latest MCA records.
Filing
Bicero Tiles Llp has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Arvindbhai Savjibhai Chikhalia was appointed as Designated Partner.
Appointed
Ashwin Mavjibhai Chhatrola was appointed as Designated Partner.
Appointed
Hitesh Pranjivanbhai Sanghani was appointed as Partner.
Ceased
Rajeshkumar Amarshi Kagathara ceased to be Partner.
Ceased
Devrajbhai Pragjibhai Barasara ceased to be Designated Partner.
Ceased
Prakash Karshanbhai Bhadaja ceased to be Designated Partner.
Ceased
Rakeshbhai Vasudev Makasana ceased to be Designated Partner.
Charges
A charge with Indian Bank of Rs. 14.86 Cr registered on 10 Jan 2017 with Charge ID 100071460 was modified on 28 Mar 2024.
Ceased
Abhay Mahadevbhai Marvania ceased to be Partner.
Ceased
Jagdish Ratanshi Dadhaniya ceased to be Designated Partner.
2 earlier events are in the company report.
Frequently asked questions
Bicero Tiles is an active limited liability partnership based in Halvad, Gujarat, India. The LLP works in ceramics, sanitaryware and tile, within the manufacturing industry. It was incorporated on 20 May 2016 (10+ years old) and is registered under LLPIN AAG-4217.
Bicero Tiles has 2 current designated partners:
- Ashwin Mavjibhai Chhatrola - Designated Partner
- Arvindbhai Savjibhai Chikhalia - Designated Partner
The latest financial statements of Bicero Tiles on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 31 March 2025. Year-wise statements from FY 2017 are in the company report.
The LLPIN (Limited Liability Partnership Identification Number) of Bicero Tiles is AAG-4217. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Bicero Tiles has 2 court cases on record: 2 filed by the LLP. 1 is pending. Most are in the district courts.
Bicero Tiles was incorporated on 20 May 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Arvindbhai Savjibhai Chikhalia was appointed as Designated Partner on 10 Jun 2024. Ashwin Mavjibhai Chhatrola was appointed as Designated Partner on 10 Jun 2024. Hitesh Pranjivanbhai Sanghani was appointed as Partner on 10 Jun 2024. Bicero Tiles has 9 designated partner changes on record in total.
Yes, Bicero Tiles is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-32-0004018).
The registered office of Bicero Tiles is at Survey No. 1838P1 1839P1 1839P2 And 1960 Village: Charadva, Halvad, Gujarat, India – 363330.
Bicero Tiles operates in the manufacturing industry, in the ceramics, sanitaryware and tile segment.