Creanza Ceramic Private Limited

Creanza Ceramic Private Limited - manufacturing in Morbi, Gujarat, India. FY 2026 financials & compliance.
CIN U26933GJ2014PTC079715 Incorporated 06 June 2014 ROC Ahmedabad HQ Morbi, Gujarat, India
Active Private Limited Company manufacturing MSME · Medium
Data last updated
Revenue · FY 2025
₹177.63 Cr
▼ 15% YoY
Net profit · FY 2025
₹2.1 Cr
Net margin 1.2%
EBITDA · FY 2025
₹19.26 Cr
EBITDA margin 10.8%
Authorised capital
₹18.5 Cr
Registered with MCA
Paid-up capital
₹18 Cr
Issued & subscribed
Open charges
₹96.04 Cr
Satisfied ₹35.75 Cr
Company age
12 yrs
Est. 2014
Employees · EPFO
20
Provident fund records

About Creanza Ceramic Private Limited

Data last updated:

Creanza Ceramic Private Limited is a private limited company based in Morbi, Gujarat, India. It operates in the ceramics segment of the manufacturing sector. It was incorporated on 06 June 2014 and has been in existence for over 12 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U26933GJ2014PTC079715. Its GSTIN is 24AAUCS6227N1ZM (Gujarat).

The company has an authorised share capital of ₹18.5 Cr and a paid-up capital of ₹18 Cr. It was formerly known as Sunland Plus Ceramic Private Limited and Sunland Plus Vitrified Private Limited. It is led by directors including Devendrakumar Laljibhai Serasia and Dayaram Dharamshibhai Soriya.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Survey No. 153P1 153P2 153P3 Village: Nichi Mandal, Morbi, Gujarat, India – 363642.

As per the financials filed for FY 2025, the company reported a revenue of ₹177.63 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net profit of ₹2.1 Cr (net margin 1.2%) and EBITDA of ₹19.26 Cr (EBITDA margin 10.8%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 15% over five years.

The company has about 20 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹96.04 Cr and satisfied charges of ₹35.75 Cr on record. Court records list 7 cases involving the company, including 7 filed by the company; 4 cases are pending. The company has 15 deals on record (14 secondary share transfers, 1 rights issue); the latest was in March 2024. Its 6 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, 2 larger and 4 smaller; the largest is Sanvis Ceramic Private Limited with revenue of ₹178.61 Cr.

Creanza Ceramic Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-32-0000175). 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 creanzaceramic.com.

Company details

CIN U26933GJ2014PTC079715
Registration Number 079715
Incorporation Date 06 June 2014
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Non-Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-32-0000175

Name history

Creanza Ceramic has undergone 2 name changes throughout its history. The company was previously known as Sunland Plus Ceramic Private Limited, and Sunland Plus Vitrified Private Limited. The current legal name is Creanza Ceramic Private Limited.

Company NameStatus
Creanza Ceramic Private LimitedCurrent
Sunland Plus Ceramic Private LimitedPrevious
Sunland Plus Vitrified Private LimitedPrevious

Recognitions & Rankings of Creanza Ceramic

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-GJ-32-0000175

Contact details

Creanza Ceramic Private Limited's registered office is in Morbi, Gujarat. Its website is creanzaceramic.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Survey No. 153P1 153P2 153P3 Village: Nichi Mandal, Morbi, Gujarat, India – 363642
  • Industry
    Manufacturing, Ceramics, Sanitaryware & Tile

To see the full contact details of Creanza Ceramic Private Limited, buy the company report.

Comprehensive company report
Creanza 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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Business activity

The main business activity of Creanza Ceramic is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC8Plastic products, non-metallic mineral products, rubber products, fabricated metal products

To see the full business activity and turnover split of Creanza Ceramic Private Limited, buy the company report.

Financials of Creanza Ceramic Private Limited

FY 2024 filings available

Creanza Ceramic Private Limited reported revenue of ₹177.63 Cr (down 15% YoY) for FY 2025.

Revenue · FY 2025
₹177.63 Cr ▼ 15%
Net profit · FY 2025
₹2.1 Cr margin 1.2%
EBITDA · FY 2025
₹19.26 Cr margin 10.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 15%
3 years · compounded
▲ 6%
5 years · compounded
▲ 15%
EBITDA CAGR growth
3 years · compounded
▲ 6%
5 years · compounded
▲ 9%

Revenue fell 15% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 15%. 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹19.26 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹2.1 Cr
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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin10.8%
Net Profit Margin1.2%
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 Creanza Ceramic Private Limited, buy the company report.

Board of directors of Creanza Ceramic Private Limited

Creanza Ceramic has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Devendrakumar Laljibhai SerasiaDirector09 Nov 201510 Years 11 MonthsCurrent
Dayaram Dharamshibhai SoriyaDirector09 Nov 201510 Years 11 MonthsCurrent
Hiteshkumar Prabhulal AmrutiyaDirector09 Nov 201510 Years 11 MonthsCurrent

Peer comparison

Creanza 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Sanvis Ceramic Private Limited₹178.61 Cr (FY 2025)-4.0%Jasmatgadh, Gujarat, India
Gryphon Ceramics Private Limited₹178.49 Cr (FY 2025)4.0%Ghuntu, Gujarat, India
Creanza Ceramic Private Limitedthis company₹177.63 Cr (FY 2025)₹2.1 Cr1.2%-15.0%20Morbi, Gujarat, India
Glowstone Industries Private Limited₹176.37 Cr (FY 2025)11.0%Bhilwara, Rajasthan, India
Lioli Ceramica Private Limited₹175.4 Cr (FY 2024)-14.0%Morbi, Gujarat, India
Nextile Marbosys Private Limited₹174.66 Cr (FY 2023)18.0%Morbi, Gujarat, India
Duracon Vitrified Private Limited₹169.99 Cr (FY 2024)4.0%Wankaner, Gujarat, India

To see the full peer comparison of Creanza Ceramic Private Limited, buy the company report.

Auditor

Creanza Ceramic Private Limited is audited by D.V. Bakrania & Associates for the financial year 2023.

Auditor firmFinancial yearFirm registration number
D.V. Bakrania & AssociatesFY 2023127116W

Shareholding

The shareholding of Creanza Ceramic 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Creanza Ceramic Private Limited, buy the company report.

Charges & borrowings

Open charges
₹96.04 Cr
Satisfied charges
₹35.75 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹96.04 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
26 Feb 2021100423765Hdfc Bank Limited₹88.69 CrOpen
19 Jun 2020100343736Hdfc Bank Limited₹7.35 CrOpen
25 Jun 201510580840State Bank of India₹35.75 CrSatisfied

To see the full charge records of Creanza Ceramic Private Limited, buy the company report.

Total charge records: 3 View all charges

Deals & funding

Creanza Ceramic Private Limited has 15 deals on record (14 secondary share transfers, 1 rights issue); the latest was in March 2024.

Total deals
15
Secondary share transfers
14
Rights issue
1

Deals on record (5 of 15)

WhenDealAmountParties
Mar 2024Secondary share transferUndisclosedBuyer: 4 individuals
Seller: Premjibhai Narshibhai Chadamya Huf, 3 individuals
Jun 2022Secondary share transferUndisclosedBuyer: 3 individuals
Seller: an individual
Sep 2021Secondary share transferUndisclosedBuyer: Hitesh Prabhubhai Amrutiya Huf, an individual
Seller: 2 individuals
Sep 2021Secondary share transferUndisclosedBuyer: 2 individuals
Seller: an individual
Apr 2021Secondary share transferUndisclosedBuyer: an individual
Seller: an individual

To see the full deal history of Creanza Ceramic Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Creanza Ceramic Private Limited was last rated by Crisil on 19 Mar 2020.

Rating agencyRated onRating
Crisil19 Mar 2020

To see the full credit ratings and regulatory alerts of Creanza Ceramic Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Creanza Ceramic Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Creanza Ceramic Private Limited has a workforce of 20 employees on its EPFO records as of Mar 21, 2024, across 1 active EPFO establishment.

Employee count
20
Active EPFO establishments
1

GST

Creanza Ceramic has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAUCS6227N1ZMGujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Creanza Ceramic Private Limited, buy the company report.

Recent activity

Creanza Ceramic Private Limited has 17 board changes on record since 2014: 10 appointments and 7 cessations. The latest: Jitendra Thakarshi Aghara ceased to be Director on 18 Aug 2020.

Charges
A charge with Hdfc Bank Limited of Rs. 88.69 Cr registered on 26 Feb 2021 with Charge ID 100423765 was modified on 06 Jun 2025.
AGM
Creanza Ceramic Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Creanza Ceramic Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge registered on 25 Jun 2015 via Charge ID 10580840 with State Bank Of India was fully satisfied on 26 Mar 2021.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 88.69 Cr with Charge ID 100423765 was registered on 26 Feb 2021.
Ceased
Jitendra Thakarshi Aghara ceased to be Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 7.35 Cr with Charge ID 100343736 was registered on 19 Jun 2020.
Charges
A charge with State Bank Of India of Rs. 35.75 Cr registered on 25 Jun 2015 with Charge ID 10580840 was modified on 17 Jun 2020.
Ceased
Arvind Narshibhai Bhatasana ceased to be Director.
Ceased
Girish Jayrambhai Santoki ceased to be Director.
Appointed
Jitendra Thakarshi Aghara was appointed as Director.
Ceased
Kishorbhai Pittambarbhai Kundariya ceased to be Director.

14 earlier events are in the company report.

Frequently asked questions

Creanza Ceramic is an active private limited company based in Morbi, Gujarat, India. The company works in ceramics, within the manufacturing industry. It was incorporated on 06 June 2014 (12+ years old) and is registered under CIN U26933GJ2014PTC079715.

Creanza Ceramic has 3 current directors:

The latest financial statements of Creanza Ceramic on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Creanza Ceramic is 24AAUCS6227N1ZM, registered in Gujarat.

The CIN (Corporate Identification Number) of Creanza Ceramic is U26933GJ2014PTC079715. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Creanza Ceramic has 7 court cases on record: 7 filed by the company. 4 are pending.

Creanza Ceramic was incorporated on 06 June 2014, making it 12+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Creanza Ceramic has 15 deals on record (14 secondary share transfers, 1 rights issue); the latest was in March 2024.

The peers of Creanza Ceramic by revenue are Sanvis Ceramic Private Limited, Gryphon Ceramics Private Limited, Glowstone Industries Private Limited, Lioli Ceramica Private Limited, Nextile Marbosys 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 Thakarshi Aghara ceased to be Director on 18 Aug 2020. Arvind Narshibhai Bhatasana ceased to be Director on 24 Feb 2016. Girish Jayrambhai Santoki ceased to be Director on 24 Feb 2016. Creanza Ceramic has 17 board changes on record in total.

Yes, Creanza Ceramic is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-32-0000175).