MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-32-0001446
Coral Plus Ceramic Private Limited - manufacturing in Lalpar, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹56.78 Cr
▼ 23% YoY
Net profit · FY 2025
₹64.77 Lakh
Net margin 1.1%
EBITDA · FY 2025
₹3.38 Cr
EBITDA margin 5.9%
Authorised capital
₹3.5 Cr
Registered with MCA
Paid-up capital
₹3.5 Cr
Issued & subscribed
Open charges
₹7 Cr
Satisfied ₹7.3 Cr
Company age
17 yrs
Est. 2009
Employees · EPFO
16
Provident fund records
About Coral Plus Ceramic Private Limited
Data last updated:
Coral Plus Ceramic Private Limited is a private limited company based in Lalpar, Gujarat, India. It operates in the sanitaryware and tile segment of the manufacturing sector. It was incorporated on 07 August 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U26933GJ2009PTC057734. Its GSTIN is 24AADCC7162K1ZL (Gujarat).
The company has an authorised share capital of ₹3.5 Cr and a paid-up capital of ₹3.5 Cr. It is led by directors Bhaumik Kantibhai Patel and Sureshkumar Limbabhai Kasundra.
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 R. S. No. 33/2 & 33/2B Opp. Vishal Deep Mill Tal. Morbi, Lalpar, Gujarat, India – 363642.
As per the financials filed for FY 2025, the company reported a revenue of ₹56.78 Cr, a decline of 23% compared to the previous year. For the same year it recorded a net profit of ₹64.77 Lakh (net margin 1.1%) and EBITDA of ₹3.38 Cr (EBITDA margin 5.9%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 6% over five years.
The company has about 16 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Coral Plus Ceramic. As per MCA filings, the company has open charges of ₹7 Cr and satisfied charges of ₹7.3 Cr on record. Court records list 5 cases involving the company, including 5 filed against it.
Coral Plus Ceramic Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-32-0001446). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website coralplus.in.
Company details
CIN U26933GJ2009PTC057734
Registration Number 057734
Incorporation Date 07 August 2009
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 Medium
Udyam Registration UDYAM-GJ-32-0001446
Recognitions & Rankings of Coral Plus Ceramic
Contact details
Coral Plus Ceramic Private Limited's registered office is in Lalpar, Gujarat. Its website is coralplus.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressR. S. No. 33/2 & 33/2B Opp. Vishal Deep Mill Tal. Morbi, Lalpar, Gujarat, India – 363642
- IndustryManufacturing, Sanitaryware & Tile, Ceramics
To see the full contact details of Coral Plus Ceramic Private Limited, buy the company report.
Comprehensive company report
Coral Plus 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
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Secure checkout · GST invoice included
Brands
Coral Plus Ceramic operates one associated brand: Coral Plus Ceramic. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of ceramic and porcelain tiles in Gujarat. | coralplus.in |
Business activity
The main business activity of Coral Plus 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 Plus Ceramic Private Limited, buy the company report.
Financials of Coral Plus Ceramic Private Limited
FY 2025 filings availableCoral Plus Ceramic Private Limited reported revenue of ₹56.78 Cr (down 23% YoY) for FY 2025.
Revenue · FY 2025
₹56.78 Cr ▼ 23%
Net profit · FY 2025
₹64.77 Lakh margin 1.1%
EBITDA · FY 2025
₹3.38 Cr margin 5.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 23%
3 years · compounded
▲ 6%
5 years · compounded
▲ 6%
EBITDA CAGR growth
1 year
▼ 21%
3 years · compounded
▼ 3%
5 years · compounded
▼ 2%
Revenue fell 23% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 6%. EBITDA fell 21% 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 | ₹3.38 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹64.77 Lakh | ||||
| Balance Sheet | |||||
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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 | 5.9% | ||||
| Net Profit Margin | 1.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Coral Plus Ceramic Private Limited, buy the company report.
Board of directors of Coral Plus Ceramic Private Limited
Coral Plus Ceramic has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhaumik Kantibhai Patel Also directs: Velbon Vitrified LLP | Director | 19 Feb 2011 | 15 Years 8 Months | Current |
| Sureshkumar Limbabhai Kasundra Also directs: Lalpar Industrial Development Association | Director | 02 May 2019 | 7 Years 5 Months | Current |
Peer comparison
Coral Plus Ceramic Private Limited is compared with the 7 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 |
|---|---|---|---|---|---|---|
| Emboza Granito Private Limited | ₹57.36 Cr (FY 2025) | -6.0% | Morbi, Gujarat, India | |||
| Swizzer Ceramic Private Limited | ₹56.83 Cr (FY 2025) | 0.0% | Morbi, Gujarat, India | |||
| Accord Plus Ceramics Private Limited | ₹56.79 Cr (FY 2025) | -2.0% | Gujarat, India | |||
| Coral Plus Ceramic Private Limitedthis company | ₹56.78 Cr (FY 2025) | ₹64.77 Lakh | 1.1% | -23.0% | 16 | Lalpar, Gujarat, India |
| Plazma Granito Private Limited | ₹56.51 Cr (FY 2025) | 7.0% | Wankaner, Gujarat, India | |||
| Adison Granito Private Limited | ₹56.19 Cr (FY 2021) | 56.0% | Ahmedabad, Gujarat, India | |||
| Letic Vitrified Private Limited | ₹55.93 Cr (FY 2025) | -6.0% | Morbi, Gujarat, India | |||
| Trivedi Corp Private Limited | ₹55.85 Cr (FY 2025) | 4.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Coral Plus Ceramic Private Limited, buy the company report.
Shareholding
The shareholding of Coral Plus Ceramic Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Coral Plus Ceramic Private Limited, buy the company report.
Charges & borrowings
Open charges
₹7 Cr
Satisfied charges
₹7.3 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Jan 2017 | 100072774 | Hdfc Bank Limited | ₹7 Cr | Open | |
| 08 Oct 2009 | 10181996 | Bank of Baroda | ₹7.3 Cr | Satisfied |
To see the full charge records of Coral Plus Ceramic Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Coral Plus Ceramic Private Limited has 5 court cases on record: 5 filed against it. All cases are disposed.
Total cases
5
Filed against the company
5
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 5)
| 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 |
| District court, RAJKOT, Gujarat | Court case (AGRMNT LC) | Filed against the company by an individual | Disposed |
| District court, RAJKOT, Gujarat | Court case (AGRMNT LC) | Filed against the company by an individual | Disposed |
| District court, RAJKOT, Gujarat | Court case (AGRMNT LC) | Filed against the company by an individual | Disposed |
To see the full case history of Coral Plus 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 Plus 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 Plus Ceramic Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Coral Plus Ceramic Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Coral Plus Ceramic Private Limited has a workforce of 16 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
16
Active EPFO establishments
1
Employee growth
-5.88%
GST
Coral Plus Ceramic has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCC7162K1ZL | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Coral Plus Ceramic Private Limited, buy the company report.
Recent activity
Coral Plus Ceramic Private Limited has 7 board changes on record since 2011: 2 appointments and 5 cessations. The latest: Harsath Balubhai Patel ceased to be Director on 03 May 2019.
AGM
Coral Plus Ceramic Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Coral Plus Ceramic Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Harsath Balubhai Patel ceased to be Director.
Ceased
Jitendra Jivrajbhai Sherasiya ceased to be Director.
Ceased
Laljibhai Savjibhai Serasia ceased to be Director.
Ceased
Narayanbhai Bhagvanjibhai Zalaria ceased to be Director.
Appointed
Sureshkumar Limbabhai Kasundra was appointed as Director.
Charges
A charge with Hdfc Bank Limited of Rs. 7.00 Cr registered on 04 Jan 2017 with Charge ID 100072774 was modified on 16 Jan 2018.
Charges
A charge registered on 08 Oct 2009 via Charge ID 10181996 with Bank Of Baroda was fully satisfied on 19 Jan 2017.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 7.00 Cr with Charge ID 100072774 was registered on 04 Jan 2017.
Charges
A charge with Bank Of Baroda of Rs. 7.30 Cr registered on 08 Oct 2009 with Charge ID 10181996 was modified on 20 Aug 2015.
Ceased
Bhavinkumar Chandubhai Patel ceased to be Director.
3 earlier events are in the company report.
Frequently asked questions
Coral Plus Ceramic is an active private limited company based in Lalpar, Gujarat, India. The company works in sanitaryware and tile, within the manufacturing industry. It was incorporated on 07 August 2009 (17+ years old) and is registered under CIN U26933GJ2009PTC057734.
Coral Plus Ceramic has 2 current directors:
- Bhaumik Kantibhai Patel - Director
- Sureshkumar Limbabhai Kasundra - Director
The latest financial statements of Coral Plus 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 Plus Ceramic is 24AADCC7162K1ZL, registered in Gujarat.
The CIN (Corporate Identification Number) of Coral Plus Ceramic is U26933GJ2009PTC057734. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Coral Plus Ceramic has 5 court cases on record: 5 filed against it. Most are in the district courts.
Coral Plus Ceramic was incorporated on 07 August 2009, making it 17+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Coral Plus Ceramic by revenue are Emboza Granito Private Limited, Swizzer Ceramic Private Limited, Accord Plus Ceramics Private Limited, Plazma Granito Private Limited, Adison Granito Private Limited and 2 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).
Harsath Balubhai Patel ceased to be Director on 03 May 2019. Jitendra Jivrajbhai Sherasiya ceased to be Director on 03 May 2019. Laljibhai Savjibhai Serasia ceased to be Director on 03 May 2019. Coral Plus Ceramic has 7 board changes on record in total.
Yes, Coral Plus Ceramic is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-32-0001446).
Coral Plus Ceramic can be reached through the website coralplus.in. Its registered office is in Lalpar, Gujarat, India.