MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-32-0000916
Clan Vitrified Private Limited - manufacturing in Dhuva, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹73.49 Cr
▼ 19% YoY
Net loss · FY 2025
₹59.3 Lakh
Net margin -0.8%
EBITDA · FY 2025
₹4.98 Cr
EBITDA margin 6.8%
Authorised capital
₹8.5 Cr
Registered with MCA
Paid-up capital
₹2.06 Cr
Issued & subscribed
Open charges
₹80.17 Cr
Satisfied ₹44.48 Cr
Company age
17 yrs
Est. 2009
Employees · EPFO
15
Provident fund records
About Clan Vitrified Private Limited
Data last updated:
Clan Vitrified Private Limited is a private limited company based in Dhuva, Gujarat, India. It operates in the ceramics segment of the manufacturing sector. It was incorporated on 13 November 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U26933GJ2009PTC058569. Its GSTIN is 24AANCS5526R1ZL (Gujarat).
The company has an authorised share capital of ₹8.5 Cr and a paid-up capital of ₹2.06 Cr. It was formerly known as Spectrum Floor Tiles Private Limited. It is led by directors including Vallabhbhai Polabhai Koradiya and Mansukhlal Polabhai Koradiya.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Survey No 242 8 – A Nathinal Highway At Dhuva Tal: Wankaner, Gujarat, India – 363621.
As per the financials filed for FY 2025, the company reported a revenue of ₹73.49 Cr, a decline of 19% compared to the previous year. For the same year it recorded a net loss of ₹59.3 Lakh (net margin -0.8%) and EBITDA of ₹4.98 Cr (EBITDA margin 6.8%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 5% over five years.
The company has about 15 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Clanvitrified and Millennium Tiles. As per MCA filings, the company has open charges of ₹80.17 Cr and satisfied charges of ₹44.48 Cr on record. Court records list 6 cases involving the company, including 4 filed by the company and 2 filed against it; 1 case is pending. The company has 6 deals on record (4 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹4.12 Cr; the latest was in October 2023. Its 8 peer companies 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) are compared by revenue, 4 larger and 4 smaller; the largest is Millennia Tiles Private Limited with revenue of ₹75.77 Cr.
Clan Vitrified Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-32-0000916). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website millenniumtiles.com.
Company details
CIN U26933GJ2009PTC058569
Registration Number 058569
Incorporation Date 13 November 2009
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 26 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-32-0000916
Key People
Vallabhbhai Polabhai Koradiya Director Mansukhlal Polabhai Koradiya Director Manishkumar Shivkumar Sharma Nominee Director Recognitions & Rankings of Clan Vitrified
Contact details
Clan Vitrified Private Limited's registered office is in Dhuva, Gujarat. Its website is millenniumtiles.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSurvey No 242 8 – A Nathinal Highway At Dhuva Tal: Wankaner, Gujarat, India – 363621
- IndustryManufacturing, Ceramics, Sanitaryware & Tile
To see the full contact details of Clan Vitrified Private Limited, buy the company report.
Comprehensive company report
Clan Vitrified 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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Brands
Clan Vitrified operates two associated brands: Clanvitrified and Millennium Tiles. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Produces porcelain, ceramic, wall, floor, and parking tiles for domestic and international markets. | millenniumtiles.com | |
| clanvitrified.com |
Business activity
The main business activity of Clan Vitrified 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 Clan Vitrified Private Limited, buy the company report.
Financials of Clan Vitrified Private Limited
FY 2025 filings availableClan Vitrified Private Limited reported revenue of ₹73.49 Cr (down 19% YoY) for FY 2025.
Revenue · FY 2025
₹73.49 Cr ▼ 19%
Net loss · FY 2025
₹59.3 Lakh margin -0.8%
EBITDA · FY 2025
₹4.98 Cr margin 6.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 19%
3 years · compounded
▲ 6%
5 years · compounded
▲ 5%
EBITDA CAGR growth
1 year
▼ 33%
3 years · compounded
▼ 11%
5 years · compounded
▼ 11%
Revenue fell 19% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA fell 33% 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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| Total Expenses | |||||
| EBITDA | ₹4.98 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹59.3 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.8% | ||||
| Net Profit Margin | -0.8% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Clan Vitrified Private Limited, buy the company report.
Board of directors of Clan Vitrified Private Limited
Clan Vitrified has 6 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vallabhbhai Polabhai Koradiya Also directs: Millennium Ceramic LLP, Millenium Papers Private Limited, Millennium Inframarket TBS Private Limited and 2 more | Director | 02 May 2016 | 10 Years 5 Months | Current |
| Mansukhlal Polabhai Koradiya Also directs: Millenium Papers Private Limited, Millennium Inframarket TBS Private Limited, Kordiya Ceramic Private Limited and 4 more | Director | 02 May 2016 | 10 Years 5 Months | Current |
| Manishkumar Shivkumar Sharma Also directs: Millennium Vitrified Tiles Private Limited, Millennium Cera Tiles Private Limited, Acer Granito Private Limited and 5 more | Nominee Director | 01 Apr 2024 | 2 Years 6 Months | Current |
| Dixitkumar Shankerbhai Kavadiya | Director | 02 May 2016 | 10 Years 5 Months | Current |
| Mehul Ambaram Kavadiya | Director | 02 May 2016 | 10 Years 5 Months | Current |
| Charudutt Sarjerao Patil | Nominee Director | 01 Apr 2024 | 2 Years 6 Months | Current |
Peer comparison
Clan Vitrified Private Limited is compared with the 8 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 |
|---|---|---|---|---|---|---|
| Millennia Tiles Private Limited | ₹75.77 Cr (FY 2025) | -7.0% | Morbi, Gujarat, India | |||
| Sega Ceramics Private Limited | ₹75.7 Cr (FY 2025) | 0.0% | Dhuva, Gujarat, India | |||
| Axwell Granito Private Limited | ₹73.94 Cr (FY 2025) | 1.0% | Morbi, Gujarat, India | |||
| Donato Vitrified Private Limited | ₹73.66 Cr (FY 2025) | 14.0% | Morbi, Gujarat, India | |||
| Clan Vitrified Private Limitedthis company | ₹73.49 Cr (FY 2025) | -₹59.3 Lakh | -0.8% | -19.0% | 15 | Dhuva, Gujarat, India |
| Grafite Ceramics Private Limited | ₹73.18 Cr (FY 2025) | 2.0% | Trajpar, Gujarat, India | |||
| Essel Bath Fittings Private Limited | ₹72.73 Cr (FY 2025) | -5.0% | Chandigarh, India | |||
| Sunglare Vitrified Private Limited | ₹72.38 Cr (FY 2025) | 30.0% | Sartanpar, Gujarat, India | |||
| Metropole Tiles Private Limited | ₹72.04 Cr (FY 2024) | -33.0% | Morbi, Gujarat, India |
To see the full peer comparison of Clan Vitrified Private Limited, buy the company report.
Auditor
Clan Vitrified Private Limited is audited by S. SHARDA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. SHARDA & ASSOCIATES | FY 2023 | 117361W |
Shareholding
The shareholding of Clan Vitrified 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 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Clan Vitrified Private Limited, buy the company report.
Charges & borrowings
Open charges
₹80.17 Cr
Satisfied charges
₹44.48 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Apr 2024 | 100908603 | Sidbi | ₹13.35 Cr | Open | |
| 18 Feb 2022 | 100540357 | Axis Bank Limited | ₹33.93 Cr | Open | |
| 25 Oct 2021 | 100495878 | Axis Bank Limited | ₹32.89 Cr | Open | |
| 07 Nov 2016 | 100061252 | Idbi Bank Limited | ₹44.48 Cr | Satisfied |
To see the full charge records of Clan Vitrified Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Clan Vitrified Private Limited has 6 deals on record (4 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹4.12 Cr; the latest was in October 2023.
Total deals
6
Secondary share transfers
4
Rights issue
1
Funding round
1
Disclosed funding
₹4.12 Cr
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2023 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| Jun 2022 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: Stellar Ceramics Private Limited |
| Nov 2016 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Stellar Ceramics Private Limited |
| Mar 2010 | Funding round | ₹4.12 Cr | Investors: Stellar Ceramics Private Limited |
To see the full deal history of Clan Vitrified Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Clan Vitrified Private Limited has 6 court cases on record: 4 filed by Clan Vitrified, 2 filed against it. 1 case is pending and 5 are disposed.
Total cases
6
Filed by the company
4
Filed against the company
2
Pending
1
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 0 |
| High courts | 2 | 0 | 0 |
| Supreme Court | 2 | 1 | 1 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1503-Appeal Against Orders Of Statutory Bodies : Tribunals) | Filed against the company by M/S Radhe Renewable Energy Development Pvt. Ltd. Through Its Managing Director Factory and Office at Plot No. 2621/22, Gate No. 1, Road D/2, Lodhika Gidc, Kalawad Road, P.O. Metoda, Talyka-Lodhika , District: Rajkot ,Rajkot , Gujarat | Pending |
| High Court, GUJARAT | Special civil application | Filed by the company against Indian Council of Ceramic Tiles and Sanitaryware and 174 others | Disposed |
| Supreme Court | Court case (1807-Ordinary Civil Matters : Others) | Filed by the company against The State of Gujarat Through the Secretary Sachivalaya , District: . ,Gandhinagar , Gujarat and 5 others | Disposed |
| District court, MORBI, Gujarat | Criminal complaint | Filed by the company against an individual | Disposed |
| High Court of Gujarat | Special civil application | Filed by the company against State of Gujarat | Disposed |
To see the full case history of Clan Vitrified 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 Clan Vitrified Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Clan Vitrified Private Limited has a workforce of 15 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
15
Active EPFO establishments
1
GST
Clan Vitrified has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AANCS5526R1ZL | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Clan Vitrified Private Limited, buy the company report.
Recent activity
Clan Vitrified Private Limited has 13 board changes on record since 2013: 6 appointments and 7 cessations. The latest: Maheshkumar Mukhanath Yadav ceased to be Nominee Director on 17 Jul 2025.
AGM
Clan Vitrified Private Limited last Annual general meeting of members was held on 26 Sep 2025 as per latest MCA records.
Ceased
Maheshkumar Mukhanath Yadav ceased to be Nominee Director.
Ceased
Ritesh Satish Kumar Rathi ceased to be Nominee Director.
Ceased
Kamlesh Satyanarayan Chechani ceased to be Nominee Director.
Filing
Clan Vitrified Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Axis Bank Limited of Rs. 32.89 Cr registered on 25 Oct 2021 with Charge ID 100495878 was modified on 05 Mar 2025.
Charges
A charge with Sidbi amounted to Rs. 13.35 Cr with Charge ID 100908603 was registered on 19 Apr 2024.
Appointed
Charudutt Sarjerao Patil was appointed as Nominee Director.
Appointed
Manishkumar Shivkumar Sharma was appointed as Nominee Director.
Charges
A charge with Axis Bank Limited amounted to Rs. 33.93 Cr with Charge ID 100540357 was registered on 18 Feb 2022.
Charges
A charge registered on 07 Nov 2016 via Charge ID 100061252 with Idbi Bank Limited was fully satisfied on 25 Jan 2022.
Charges
A charge with Axis Bank Limited amounted to Rs. 32.89 Cr with Charge ID 100495878 was registered on 25 Oct 2021.
11 earlier events are in the company report.
Frequently asked questions
Clan Vitrified is an active private limited company based in Dhuva, Gujarat, India. The company works in ceramics, within the manufacturing industry. It was incorporated on 13 November 2009 (17+ years old) and is registered under CIN U26933GJ2009PTC058569.
Clan Vitrified has 6 current directors:
- Vallabhbhai Polabhai Koradiya - Director
- Mansukhlal Polabhai Koradiya - Director
- Manishkumar Shivkumar Sharma - Nominee Director
- Dixitkumar Shankerbhai Kavadiya - Director
- Mehul Ambaram Kavadiya - Director
- Charudutt Sarjerao Patil - Nominee Director
The latest financial statements of Clan Vitrified on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Clan Vitrified is 24AANCS5526R1ZL, registered in Gujarat.
The CIN (Corporate Identification Number) of Clan Vitrified is U26933GJ2009PTC058569. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Clan Vitrified has 6 court cases on record: 4 filed by the company and 2 filed against it. 1 is pending. Most are in the district courts.
Clan Vitrified was incorporated on 13 November 2009, making it 17+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Clan Vitrified has 6 deals on record (4 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹4.12 Cr; the latest was in October 2023.
The peers of Clan Vitrified by revenue are Millennia Tiles Private Limited, Sega Ceramics Private Limited, Axwell Granito Private Limited, Donato Vitrified Private Limited, Grafite Ceramics Private Limited and 3 more, 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).
Maheshkumar Mukhanath Yadav ceased to be Nominee Director on 17 Jul 2025. Ritesh Satish Kumar Rathi ceased to be Nominee Director on 17 Jul 2025. Kamlesh Satyanarayan Chechani ceased to be Nominee Director on 09 Jun 2025. Clan Vitrified has 13 board changes on record in total.
Yes, Clan Vitrified is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-32-0000916).