About Corial Ceramic Private Limited
Data last updated:
Corial Ceramic Private Limited is a private limited company based in Morbi, Gujarat, India. It operates in the sanitaryware and tile segment of the manufacturing sector. It was incorporated on 13 April 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U26999GJ2017PTC096842. Its GSTIN is 24AAGCC9520L1ZI (Gujarat).
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹10 Cr. It was formerly known as Corial Granito Private Limited. It is led by directors including Sandeep Babu Bhai Detroja and Hitesh Patel.
Its last annual general meeting (AGM) was held on 02 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Survey No.191 Paikee 1/3 & 191 Paikee 2/4 At Bela Jetpar Road, Morbi, Gujarat, India – 363642.
As per the financials filed for FY 2025, the company reported a revenue of ₹50.56 Cr, a decline of 16% compared to the previous year. For the same year it recorded a net profit of ₹44.22 Lakh (net margin 0.9%) and EBITDA of ₹3.37 Cr (EBITDA margin 6.7%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years and 1% over five years.
The company has about 18 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Corial Ceramic. As per MCA filings, the company has open charges of ₹20.1 Cr on record. Court records list 5 cases involving the company, including 2 filed by the company and 2 filed against it; 2 cases are pending. The company has 4 deals on record (3 secondary share transfers, 1 rights issue); the latest was in September 2020. Its 10 peer companies in the Manufacturing industry (Ceramics, Sanitaryware and Tiles) are compared by revenue, 5 larger and 5 smaller; the largest is Florex Ceramic Private Limited with revenue of ₹51.31 Cr.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website corialceramic.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressSurvey No.191 Paikee 1/3 & 191 Paikee 2/4 At Bela Jetpar Road, Morbi, Gujarat, India – 363642
- IndustryManufacturing, Sanitaryware & Tile, Ceramics
- 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
- One PDF report, delivered after checkout
Business Activity of Corial Ceramic Private Limited
The main business activity of Corial Ceramic is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Corial Ceramic Private Limited FY 2025 filings available
Corial Ceramic Private Limited reported revenue of ₹50.56 Cr (down 16% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Corial Ceramic Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 1% over five years, including a 16% fall in the latest year. EBITDA fell 24% 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 of Corial Ceramic Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹3.37 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹44.22 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 of Corial Ceramic Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.9% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Corial Ceramic are in the company report.
Financial statements from FY 2018
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Corial Ceramic Private Limited
Corial Ceramic Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Ceramics, Sanitaryware and Tiles). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Florex Ceramic Private Limited | ₹51.31 Cr (FY 2024) | •••• | •••• | 0.0% | •••• | Morbi, Gujarat, India |
| Nice Ceramic Private Limited | ₹51.16 Cr (FY 2025) | •••• | •••• | -13.0% | •••• | Morbi, Gujarat, India |
| Keda Ceramic Private Limited | ₹51.08 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Morbi, Gujarat, India |
| Blueart Granito Private Limited | ₹51.01 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Jambudiya, Gujarat, India |
| The Standard Brick & Tile Co.(Yelahanka) Private Limited | ₹50.56 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Bangalore, Karnataka, India |
| Corial Ceramic Private Limited this company | ₹50.56 Cr (FY 2025) | •••• | •••• | -16.0% | •••• | Morbi, Gujarat, India |
| Kripton Granito Private Limited | ₹50.29 Cr (FY 2025) | •••• | •••• | -52.0% | •••• | Haripar, Gujarat, India |
| Qmax Ceramics Private Limited | ₹50.15 Cr (FY 2025) | •••• | •••• | 26.0% | •••• | Morbi, Gujarat, India |
| Max Ceramics Private Limited | ₹50.1 Cr (FY 2024) | •••• | •••• | -1.0% | •••• | Timbdi, Gujarat, India |
| Gibraltar Glass and Ceramics Private Limited | ₹49.39 Cr (FY 2025) | •••• | •••• | -15.0% | •••• | Vadodara, Gujarat, India |
| Mega Vitrified Private Limited | ₹49.18 Cr (FY 2025) | •••• | •••• | -21.0% | •••• | Morbi, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Corial Ceramic by revenue in the Manufacturing industry (Ceramics, Sanitaryware and Tiles), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Corial Ceramic Private Limited
Corial Ceramic Private Limited is audited by TUSHAR KUMAR & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| TUSHAR KUMAR & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Corial Ceramic Private Limited
Corial Ceramic has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sandeep Babu Bhai Detroja | Director | 20 Mar 2019 | 7 Years 6 Months | Current |
| Hitesh Patel | Director | 20 Mar 2019 | 7 Years 6 Months | Current |
| Rajesh Bagri Also directs: Morning Glory Leasing and Finance Limited, Freesia Farms Private Limited, Mithleash Infrastructure Private Limited and 5 more | Nominee Director | 28 Jan 2019 | 7 Years 8 Months | Current |
Ownership and Shareholding of Corial Ceramic Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Corial Ceramic Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Jan 2018 | State Bank of India | ₹20.1 Cr | Open |
Total charge records: 1 View all charges
Deals & Funding of Corial Ceramic Private Limited
Corial Ceramic Private Limited has 4 deals on record (3 secondary share transfers, 1 rights issue); the latest was in September 2020.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2020 | Secondary share transfer | Undisclosed | Buyer: Prabhulal Mavjibhai Kasundra HUF Seller: an individual |
| Oct 2019 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 3 individuals |
| Sep 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Aug 2017 | Rights issue | ₹9.99 Cr | Investors: Orient Bell Limited , 3 individuals |
Full deal history
All 4 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Corial Ceramic Private Limited
Corial Ceramic Private Limited has 5 court cases on record: 2 filed by Corial Ceramic, 2 filed against it, 1 where it is another party. 2 cases are pending and 3 are disposed. Status as checked between 02 Oct 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 2 | 2 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, MORBI, Gujarat | Criminal complaint | Filed by the company against an individual | Pending |
| District court, MORBI, Gujarat | Criminal complaint | Filed by the company against an individual | Pending |
| High Court of Gujarat | Special civil application | Company is another party | Disposed |
| District court, RAJKOT, Gujarat | Court case (AGRMNT-LC) | Filed against the company by an individual | Disposed |
| District court, MORBI, Gujarat | Criminal complaint | Filed against the company by an individual | Disposed |
Full case history
All 5 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Corial Ceramic Private Limited
Corial Ceramic operates one associated brand: Corial Ceramic. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures high-quality ceramic tiles for various construction applications. | corialceramic.com |
Employees and EPFO Compliance at Corial Ceramic Private Limited
Corial Ceramic Private Limited has a workforce of 18 employees as of Apr 06, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Corial Ceramic Private Limited
Corial Ceramic Private Limited has 6 board changes on record since 2019: 3 appointments and 3 cessations. The latest: Narender Chandram Sheoran ceased to be Director on 30 Mar 2019.
Credit Ratings, Litigation & Regulatory Alerts for Corial Ceramic Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Corial Ceramic Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Corial Ceramic Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Corial Ceramic Private Limited
Corial Ceramic has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCC9520L1ZI | Gujarat | Active | 30 Aug 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Corial Ceramic Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Corial Ceramic Private Limited
Corial Ceramic is an active private limited company based in Morbi, Gujarat, India. The company works in sanitaryware and tile, within the manufacturing industry. It was incorporated on 13 April 2017 (9+ years old) and is registered under CIN U26999GJ2017PTC096842.
Corial Ceramic reported revenue of ₹50.56 Cr for FY 2025 (down 16% YoY).
Corial Ceramic has 3 current directors:
- Sandeep Babu Bhai Detroja - Director
- Hitesh Patel - Director
- Rajesh Bagri - Nominee Director
Corial Ceramic reported a net profit of ₹44.22 Lakh (net margin 0.9%) and EBITDA of ₹3.37 Cr (EBITDA margin 6.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Corial Ceramic is -6% over three years and -1% over five years. In the latest year (FY 2025) revenue fell 16%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Corial Ceramic is 24AAGCC9520L1ZI, registered in Gujarat.
The CIN (Corporate Identification Number) of Corial Ceramic is U26999GJ2017PTC096842. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Corial Ceramic has 5 court cases on record: 2 filed by the company and 2 filed against it. 2 are pending. Most are in the district courts.
Corial Ceramic was incorporated on 13 April 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Corial Ceramic has 4 deals on record (3 secondary share transfers, 1 rights issue); the latest was in September 2020.
The peers of Corial Ceramic by revenue are Florex Ceramic Private Limited, Nice Ceramic Private Limited, Keda Ceramic Private Limited, Blueart Granito Private Limited, The Standard Brick & Tile Co.(Yelahanka) Private Limited and 5 more, all in the Manufacturing industry (Ceramics, Sanitaryware and Tiles).