MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-32-0001444
Coral Ceramic Private Limited - manufacturing in Distrajkot, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹31.94 Cr
▼ 21% YoY
Net loss · FY 2024
₹97.86 Lakh
Net margin -3.1%
EBITDA · FY 2024
₹1.94 Cr
EBITDA margin 6.1%
Authorised capital
₹1.75 Cr
Registered with MCA
Paid-up capital
₹1.31 Cr
Issued & subscribed
Open charges
₹7.75 Cr
Satisfied ₹59.4 Cr
Company age
23 yrs
Est. 2003
Employees · EPFO
19
Provident fund records
About Coral Ceramic Private Limited
Data last updated:
Coral Ceramic Private Limited is a private limited company based in Distrajkot, Gujarat, India. It operates in the sanitaryware and tile segment of the manufacturing sector. It was incorporated on 23 July 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U26914GJ2003PTC042656. Its GSTIN is 24AACCC2035L1ZY (Gujarat).
The company has an authorised share capital of ₹1.75 Cr and a paid-up capital of ₹1.31 Cr. It is led by directors Jitendra Jivrajbhai Sherasiya and Harsath Balubhai Patel.
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 National Highway No 8A At & Po Lalpar Tal.Morbi, Distrajkot, Gujarat, India – 363642.
As per the financials filed for FY 2024, the company reported a revenue of ₹31.94 Cr, a decline of 21% compared to the previous year. For the same year it recorded a net loss of ₹97.86 Lakh (net margin -3.1%) and EBITDA of ₹1.94 Cr (EBITDA margin 6.1%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 5% over five years.
The company has about 19 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹7.75 Cr and satisfied charges of ₹59.4 Cr on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it.
Coral Ceramic Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-32-0001444). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website coralceramic.com.
Company details
CIN U26914GJ2003PTC042656
Registration Number 042656
Incorporation Date 23 July 2003
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-32-0001444
Recognitions & Rankings of Coral Ceramic
Contact details
Coral Ceramic Private Limited's registered office is in Distrajkot, Gujarat. Its website is coralceramic.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNational Highway No 8A At & Po Lalpar Tal.Morbi, Distrajkot, Gujarat, India – 363642
- IndustryManufacturing, Sanitaryware & Tile, Ceramics
To see the full contact details of Coral Ceramic Private Limited, buy the company report.
Comprehensive company report
Coral Ceramic 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Coral Ceramic 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 Coral Ceramic Private Limited, buy the company report.
Financials of Coral Ceramic Private Limited
FY 2025 filings availableCoral Ceramic Private Limited reported revenue of ₹31.94 Cr (down 21% YoY) for FY 2024.
Revenue · FY 2024
₹31.94 Cr ▼ 21%
Net loss · FY 2024
₹97.86 Lakh margin -3.1%
EBITDA · FY 2024
₹1.94 Cr margin 6.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 21%
3 years · compounded
▲ 7%
5 years · compounded
▲ 5%
EBITDA CAGR growth
1 year
▼ 34%
3 years · compounded
▼ 6%
5 years · compounded
▼ 7%
Revenue fell 21% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA fell 34% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.94 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹97.86 Lakh | ||||
| 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.1% | ||||
| Net Profit Margin | -3.1% | ||||
| 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 Coral Ceramic Private Limited, buy the company report.
Board of directors of Coral Ceramic Private Limited
Coral Ceramic has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jitendra Jivrajbhai Sherasiya Also directs: Latin Sanitaryware LLP | Director | 04 May 2019 | 7 Years 5 Months | Current |
| Harsath Balubhai Patel Also directs: Asticon Bath LLP, Leuco Microns Private Limited | Director | 25 Oct 2005 | 21 Years 0 Months | Current |
Peer comparison
Coral Ceramic Private Limited is compared with the 6 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 |
|---|---|---|---|---|---|---|
| Fusion Granito Private Limited | ₹32.55 Cr (FY 2025) | -40.0% | Bela Rangpar, Gujarat, India | |||
| Sirium Ceramic Private Limited | ₹32.03 Cr (FY 2025) | -11.0% | Morbi, Gujarat, India | |||
| Fame Ceramic Private Limited | ₹32 Cr (FY 2025) | -11.0% | Morbi, Gujarat, India | |||
| Coral Ceramic Private Limitedthis company | ₹31.94 Cr (FY 2024) | -₹97.86 Lakh | -3.1% | -21.0% | 19 | Distrajkot, Gujarat, India |
| Spinora Tiles Private Limited | ₹31.8 Cr (FY 2025) | -34.0% | Morbi, Gujarat, India | |||
| Favourite Plus Ceramic Private Limited | ₹31.64 Cr (FY 2025) | -20.0% | Sartanpar, Gujarat, India | |||
| Axoli Tiles Private Limited | ₹31.62 Cr (FY 2025) | -43.0% | Jasmatgadh, Gujarat, India |
To see the full peer comparison of Coral Ceramic Private Limited, buy the company report.
Shareholding
The shareholding of Coral Ceramic Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Coral Ceramic Private Limited, buy the company report.
Charges & borrowings
Open charges
₹7.75 Cr
Satisfied charges
₹59.4 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Jan 2004 | 90099778 | State Bank of India | ₹7.75 Cr | Open | |
| 16 Aug 2010 | 10238921 | State Bank of India | ₹48.05 Cr | Satisfied | |
| 15 Oct 2009 | 10184230 | Bank of Baroda | ₹11.35 Cr | Satisfied |
To see the full charge records of Coral Ceramic Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Coral Ceramic Private Limited has 3 court cases on record: 1 filed by Coral Ceramic, 2 filed against it. All cases are disposed.
Total cases
3
Filed by the company
1
Filed against the company
2
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 1 | 0 |
| District courts | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Special civil application | Filed against the company by M/S Levita Granito LLP and 161 others | Disposed |
| District court, RAJKOT, Gujarat | Court case (AGRMNT LC) | Filed against the company by 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 Coral Ceramic 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.
Credit ratings & regulatory alerts
Coral Ceramic Private Limited was last rated by Icra on 29 Apr 2015.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 29 Apr 2015 |
To see the full credit ratings and regulatory alerts of Coral Ceramic Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Coral Ceramic Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Coral Ceramic Private Limited has a workforce of 19 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
19
Active EPFO establishments
1
Employee growth
5.56%
GST
Coral Ceramic has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCC2035L1ZY | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Coral Ceramic Private Limited, buy the company report.
Recent activity
Coral Ceramic Private Limited has 8 board changes on record since 2005: 2 appointments and 6 cessations. The latest: Jitendra Jivrajbhai Sherasiya was appointed as Director on 04 May 2019.
AGM
Coral Ceramic Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Coral Ceramic Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Jitendra Jivrajbhai Sherasiya was appointed as Director.
Ceased
Prabhulal Mavjibhai Kasundra ceased to be Director.
Ceased
Sureshkumar Limbabhai Kasundra ceased to be Director.
Ceased
Jivrajbhai Savjibhai Sherashia ceased to be Director.
Ceased
Laljibhai Savjibhai Serasia ceased to be Director.
Ceased
Narayanbhai Bhagvanjibhai Zalaria ceased to be Director.
Ceased
Vinod Bhagvanji Zalaria ceased to be Director.
Charges
A charge registered on 16 Aug 2010 via Charge ID 10238921 with State Bank Of India was fully satisfied on 25 Oct 2017.
Charges
A charge with State Bank Of India of Rs. 7.75 Cr registered on 31 Jan 2004 with Charge ID 90099778 was modified on 13 Oct 2017.
Charges
A charge registered on 15 Oct 2009 via Charge ID 10184230 with Bank Of Baroda was fully satisfied on 11 Sep 2015.
7 earlier events are in the company report.
Frequently asked questions
Coral Ceramic is an active private limited company based in Distrajkot, Gujarat, India. The company works in sanitaryware and tile, within the manufacturing industry. It was incorporated on 23 July 2003 (23+ years old) and is registered under CIN U26914GJ2003PTC042656.
Coral Ceramic has 2 current directors:
- Jitendra Jivrajbhai Sherasiya - Director
- Harsath Balubhai Patel - Director
The latest financial statements of Coral Ceramic 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 Coral Ceramic is 24AACCC2035L1ZY, registered in Gujarat.
The CIN (Corporate Identification Number) of Coral Ceramic is U26914GJ2003PTC042656. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Coral Ceramic has 3 court cases on record: 1 filed by the company and 2 filed against it. Most are in the high courts.
Coral Ceramic was incorporated on 23 July 2003, making it 23+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Coral Ceramic by revenue are Fusion Granito Private Limited, Sirium Ceramic Private Limited, Fame Ceramic Private Limited, Spinora Tiles Private Limited, Favourite Plus Ceramic Private Limited and 1 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).
Jitendra Jivrajbhai Sherasiya was appointed as Director on 04 May 2019. Prabhulal Mavjibhai Kasundra ceased to be Director on 04 May 2019. Sureshkumar Limbabhai Kasundra ceased to be Director on 04 May 2019. Coral Ceramic has 8 board changes on record in total.
Yes, Coral Ceramic is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-32-0001444).
Coral Ceramic can be reached through the website coralceramic.com. Its registered office is in Distrajkot, Gujarat, India.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages