About Cengres Tiles Limited
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Cengres Tiles Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the ceramics segment of the manufacturing sector. It was incorporated on 28 December 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U26914GJ2007PLC052480. Its GSTIN is 24AAFCM3468G1ZH (Gujarat). The company holds 8 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹5 Cr. It was formerly known as M. B. Industries Limited. It is led by directors including Mitesh Vasantbhai Jariwala and Kailashchandra Laduram Asawa.
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 Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹51.53 Lakh, a decline of 64% compared to the previous year. For the same year it recorded a net loss of ₹37.31 Cr and EBITDA of -₹36.54 Cr. Revenue has declined at a compounded annual rate (CAGR) of 57% over five years.
The company has about 331 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹164.6 Cr and satisfied charges of ₹10.07 Cr on record. Court records list 294 cases involving the company, including 193 filed by the company and 101 filed against it; 130 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website cengrestiles.com.
Company details
Contact details
Cengres Tiles Limited's registered office is in Ahmedabad, Gujarat. Its website is cengrestiles.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressShop No. G – 1 R.K House 16 Narsinhnagar Soc, Opp. Somnathnagar Naranpura Char Rasta Naranpura, Ahmedabad, Gujarat, India – 380013
- IndustryManufacturing, Ceramics, Sanitaryware & Tile
To see the full contact details of Cengres Tiles Limited, buy the company report.
- 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
Business activity
The main business activity of Cengres Tiles is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Cengres Tiles Limited, buy the company report.
Financials of Cengres Tiles Limited
FY 2025 filings availableCengres Tiles Limited reported revenue of ₹51.53 Lakh (down 64% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 57% over five years, including a 64% fall in the latest year. EBITDA fell 116% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹36.54 Cr | ||||
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| Net Profit (PAT) | -₹37.31 Cr | ||||
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Financial Ratios
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To see the full financial statements and ratios of Cengres Tiles Limited, buy the company report.
Board of directors of Cengres Tiles Limited
Cengres Tiles has 3 current directors and 26 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mitesh Vasantbhai Jariwala Also directs: Shah Alloys Limited, Aarem Insights Private Limited | Director | 31 Mar 2025 | 1 Years 7 Months | Current |
| Kailashchandra Laduram Asawa Also directs: Thirdeye Tradelink Private Limited | Director | 25 Jul 2024 | 2 Years 3 Months | Current |
| Keshav Kailash Asawa Also directs: Thirdeye Tradelink Private Limited | Director | 25 Jul 2024 | 2 Years 3 Months | Current |
Auditor
Cengres Tiles Limited is audited by J SINGH & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J SINGH & ASSOCIATES | FY 2021 | 110266W |
Shareholding
The shareholding of Cengres Tiles Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Cengres Tiles Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Aug 2008 | 10117535 | State Bank of India | ₹82.3 Cr | Open | |
| 26 Feb 2008 | 10091873 | State Bank of India | ₹82.3 Cr | Open | |
| 30 Mar 2016 | 100026416 | Others | ₹2.57 Cr | Satisfied | |
| 31 Mar 2014 | 10489001 | The Mehsana Urban Co.-Operative Bank Limited | ₹5 Cr | Satisfied | |
| 22 Oct 2013 | 10456661 | The Mehsana Urban Co-Operative Bank Limited | ₹2.5 Cr | Satisfied |
To see the full charge records of Cengres Tiles Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Cengres Tiles Limited has 294 court cases on record: 193 filed by Cengres Tiles, 101 filed against it. 130 cases are pending and 164 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 252 | 84 | 122 |
| NCLT | 22 | 13 | 4 |
| High courts | 16 | 4 | 2 |
| NCLAT | 4 | 0 | 2 |
Cases on record (5 of 294)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Special civil application | Filed against the company by Uttar Gujarat Vij Company Limited | Pending |
| District court, Sabarkantha at Himmatnagar, Gujarat | Criminal complaint | Filed against the company by Classic Microtech Pvt. Ltd. Authorised Person Rameshbhai Shivabhai Patel | Pending |
| NCLT, Ahmedabad | Insolvency matter | Filed against the company by BP Lubricants Private Limited | Pending |
| NCLT, Ahmedabad | Insolvency matter | Filed against the company by Axis Bank Limited | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed by the company against Dhyaani Tradeventtures Limited (Formerly Known As Dhyaani Tile and Marblez Limited and 1 other | Disposed |
To see the full case history of Cengres Tiles 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 Cengres Tiles Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Cengres Tiles Limited has a workforce of 331 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
GST
Cengres Tiles has 8 GST registrations: 1 active and 7 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCM3468G1ZH | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Cengres Tiles Limited, buy the company report.
Recent activity
Cengres Tiles Limited has 29 board changes on record since 2009: 3 appointments and 26 cessations. The latest: Mitesh Vasantbhai Jariwala ceased to be Additional Director on 29 Sep 2025.
30 earlier events are in the company report.
Frequently asked questions
Cengres Tiles is an active public limited company based in Ahmedabad, Gujarat, India. The company works in ceramics, within the manufacturing industry. It was incorporated on 28 December 2007 (19+ years old) and is registered under CIN U26914GJ2007PLC052480.
Cengres Tiles has 3 current directors:
- Mitesh Vasantbhai Jariwala - Director
- Kailashchandra Laduram Asawa - Director
- Keshav Kailash Asawa - Director
The latest financial statements of Cengres Tiles 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 2015 are in the company report.
The GSTIN of Cengres Tiles is 24AAFCM3468G1ZH, registered in Gujarat. The company has 8 GST registrations in all, of which 1 is active and 7 are cancelled or inactive.
The CIN (Corporate Identification Number) of Cengres Tiles is U26914GJ2007PLC052480. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cengres Tiles has 294 court cases on record: 193 filed by the company and 101 filed against it. 130 are pending. Most are in the district courts.
Cengres Tiles was incorporated on 28 December 2007, making it 19+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Mitesh Vasantbhai Jariwala ceased to be Additional Director on 29 Sep 2025. Dipak Soni ceased to be Director on 31 Mar 2025. Mitesh Vasantbhai Jariwala was appointed as Director on 31 Mar 2025. Cengres Tiles has 29 board changes on record in total.
Cengres Tiles can be reached through the website cengrestiles.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Cengres Tiles is at Shop No. G – 1 R.K House 16 Narsinhnagar Soc, Opp. Somnathnagar Naranpura Char Rasta Naranpura, Ahmedabad, Gujarat, India – 380013.
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