About Crystal Ceramic Industries Limited
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Crystal Ceramic Industries Limited is a public limited company based in Ahmedabad, Gujarat, India, a subsidiary of Asian Granito India Limited. It operates in the ceramics segment of the manufacturing sector. It was incorporated on 07 January 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U26933GJ2008PLC052576. Its GSTIN is 24AADCC2915L1ZS (Gujarat). The company holds 9 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹60 Cr and a paid-up capital of ₹40.3 Cr. It was formerly known as Crystal Ceramic Industries Private Limited. It is led by directors including Bharatkumar Parshottamdas Patel (Whole-Time Director) and Kamleshkumar Bhagubhai 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 F.F. 101 102 Elanza Vertex Nr. Zainobiya Sindhu Bhavan Road Bodakdev, Ahmedabad, Gujarat, India – 380059.
As per the financials filed for FY 2025, the company reported a revenue of ₹106.26 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net loss of ₹24.22 Cr (net margin -22.8%) and EBITDA of -₹5.4 Lakh (EBITDA margin -0.1%). Revenue has declined at a compounded annual rate (CAGR) of 27% over three years and 10% over five years.
The company has about 245 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹190.38 Cr and satisfied charges of ₹300.63 Cr on record. Court records list 113 cases involving the company, including 92 filed by the company and 21 filed against it; 19 cases are pending. The company has 21 deals on record (14 secondary share transfers, 6 funding rounds, 1 acquisition), with disclosed funding of ₹60.03 Cr; the latest was in March 2022. The company has 10 MSME Form 1 returns on record between 2021 and 2024, listing 1,245 overdue payments to 80 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website crystalceramic.com.
Company details
CIN history
Crystal Ceramic Industries has one previous CIN (Corporate Identification Number): U26933GJ2008PTC052576. The current CIN is U26933GJ2008PLC052576, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U26933GJ2008PLC052576 | Current |
| U26933GJ2008PTC052576 | Previous |
Contact details
Crystal Ceramic Industries Limited's registered office is in Ahmedabad, Gujarat. Its website is crystalceramic.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressF.F. 101 102 Elanza Vertex Nr. Zainobiya Sindhu Bhavan Road Bodakdev, Ahmedabad, Gujarat, India – 380059
- IndustryManufacturing, Ceramics, Sanitaryware & Tile
To see the full contact details of Crystal Ceramic Industries Limited, buy the company report.
- 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
Business activity
The main business activity of Crystal Ceramic Industries is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Crystal Ceramic Industries Limited, buy the company report.
Financials of Crystal Ceramic Industries Limited
FY 2025 filings availableCrystal Ceramic Industries Limited reported revenue of ₹106.26 Cr (down 15% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 10% over five years, including a 15% fall in the latest year. EBITDA fell 101% 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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| EBITDA | -₹5.4 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹24.22 Cr | ||||
| 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 | -0.1% | ||||
| Net Profit Margin | -22.8% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Crystal Ceramic Industries Limited, buy the company report.
Board of directors and KMP of Crystal Ceramic Industries Limited
Crystal Ceramic Industries Limited currently reports 5 directors and 1 key managerial person. 31 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kamleshkumar Bhagubhai Patel | Director | 15 Mar 2018 | 8 Years 7 Months | Current |
| Kandarp Gajendra Trivedi Also directs: Asian Granito India Limited | Director | 01 Jul 2021 | 5 Years 4 Months | Current |
| Vipulbhai Vinodbhai Patel | Cfo | 19 May 2023 | 3 Years 5 Months | Current |
| Maganlal Prajapati Also directs: Asian Granito India Limited | Director | 29 Oct 2021 | 5 Years 0 Months | Current |
| Bharatkumar Parshottamdas Patel | Whole-Time Director | 23 May 2019 | 7 Years 5 Months | Current |
| Mukeshbhai Jivabhai Patel Also directs: Aaryan Buildspace LLP, Asian Granito India Limited, Crystal Vitrified Limited and 5 more | Director | 15 Mar 2018 | 8 Years 7 Months | Current |
Auditor
Crystal Ceramic Industries Limited is audited by MANGHANI & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MANGHANI & CO | FY 2023 | 022372C |
Shareholding
The shareholding of Crystal Ceramic Industries 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 Crystal Ceramic Industries Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Jul 2023 | 100752713 | Others | ₹95.19 Cr | Open | |
| 14 Nov 2022 | 100644146 | Others | ₹19.5 Cr | Open | |
| 15 Oct 2022 | 100628780 | Hdfc Bank Limited | ₹75.69 Cr | Open | |
| 24 Jan 2022 | 100528112 | Standard Chartered Bank | ₹5.9 Cr | Satisfied | |
| 30 Jun 2021 | 100459820 | Others | ₹1.34 Cr | Satisfied |
To see the full charge records of Crystal Ceramic Industries Limited, buy the company report.
Total charge records: 14 View all charges
Deals & funding
Crystal Ceramic Industries Limited has 21 deals on record (14 secondary share transfers, 6 funding rounds, 1 acquisition), with disclosed funding of ₹60.03 Cr; the latest was in March 2022.
Deals on record (5 of 21)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2018 | Funding round | ₹22.5 Cr | Investors: Asian Granito India Limited , 3 individuals |
| Mar 2017 | Acquisition | Undisclosed | Buyer: Asian Granito India Limited Seller: Artistique Ceramics Private Limited |
| Feb 2015 | Secondary share transfer | Undisclosed | Buyer: Artistique Ceramics Private Limited Seller: Jay Shree Procon Private Limited , Parin Infrastructure Private Limited , 2 individuals |
| Dec 2014 | Secondary share transfer | Undisclosed | Buyer: Artistique Ceramics Private Limited , an individual Seller: Sungold Media and Entertainment Limited , Sungold Capital Limited , Sureshbhai D Patel HUF |
| Jul 2013 | Funding round | ₹16.15 Cr | Investors: Aryaman Enterprise Private Limited , Shree Vadechi Infrasoft Private Limited , Parin Infrastructure Private Limited |
To see the full deal history of Crystal Ceramic Industries 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
Crystal Ceramic Industries Limited has 113 court cases on record: 92 filed by Crystal Ceramic Industries, 21 filed against it. 19 cases are pending and 94 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 92 | 9 | 13 |
| High courts | 17 | 9 | 5 |
| NCLT | 4 | 3 | 1 |
Cases on record (5 of 113)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (SMST R) | Filed by the company against Unique Intertrade Pvt. Ltd. | Pending |
| District court, Ahmedabad, Gujarat | Commercial matter | Filed by the company against Unique Intertrade Pvt. Ltd. | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against Amrapali Silicon City Private Limited and 2 others | Disposed |
| High Court, GUJARAT | Appeal | Filed by the company against Siddhi Ceracolours Private Limited | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CS CCC) | Filed by the company against Aravind Ceramics Pvt Ltd | Disposed |
To see the full case history of Crystal Ceramic Industries 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
Crystal Ceramic Industries Limited was last rated by Icra on 03 Jun 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 03 Jun 2022 |
To see the full credit ratings and regulatory alerts of Crystal Ceramic Industries Limited, buy the company report.
MSME payment delays
Crystal Ceramic Industries Limited has 10 MSME Form 1 returns on record between 2021 and 2024, listing 1,245 overdue payments to 80 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 80)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Anupam Ceramics | |||
| Jalaram Glazes | |||
| Kalpataru Minchem Industries | |||
| Ceram Ceramic | |||
| an individual supplier |
To see the full MSME payment records of Crystal Ceramic Industries Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Crystal Ceramic Industries Limited has a workforce of 245 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Crystal Ceramic Industries has 9 GST registrations: 1 active and 8 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCC2915L1ZS | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Crystal Ceramic Industries Limited, buy the company report.
Recent activity
Crystal Ceramic Industries Limited has 32 board changes on record since 2008: 6 appointments and 26 cessations. The latest: Dhairyakumar Mohanbhai Thakkar ceased to be Company Secretary on 26 Dec 2024.
50 earlier events are in the company report.
Frequently asked questions
Crystal Ceramic Industries is an active public limited company based in Ahmedabad, Gujarat, India. The company works in ceramics, within the manufacturing industry. It was incorporated on 07 January 2008 (18+ years old) and is registered under CIN U26933GJ2008PLC052576.
Crystal Ceramic Industries has 6 current directors and KMP:
- Bharatkumar Parshottamdas Patel - Whole-Time Director
- Kamleshkumar Bhagubhai Patel - Director
- Kandarp Gajendra Trivedi - Director
- Maganlal Prajapati - Director
- Mukeshbhai Jivabhai Patel - Director
- Vipulbhai Vinodbhai Patel - Cfo
The latest financial statements of Crystal Ceramic Industries 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 Crystal Ceramic Industries is 24AADCC2915L1ZS, registered in Gujarat. The company has 9 GST registrations in all, of which 1 is active and 8 are cancelled or inactive.
The CIN (Corporate Identification Number) of Crystal Ceramic Industries is U26933GJ2008PLC052576. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Crystal Ceramic Industries has 113 court cases on record: 92 filed by the company and 21 filed against it. 19 are pending. Most are in the district courts.
Crystal Ceramic Industries was incorporated on 07 January 2008, making it 18+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Crystal Ceramic Industries has 21 deals on record (14 secondary share transfers, 6 funding rounds, 1 acquisition), with disclosed funding of ₹60.03 Cr; the latest was in March 2022.
Dhairyakumar Mohanbhai Thakkar ceased to be Company Secretary on 26 Dec 2024. Vipulbhai Vinodbhai Patel was appointed as CFO on 19 May 2023. Kamleshkumar Bhagubhai Patel ceased to be Director on 27 Dec 2021. Crystal Ceramic Industries has 32 board changes on record in total.
Crystal Ceramic Industries has 10 MSME Form 1 returns on record between 2021 and 2024, listing 1,245 overdue payments to 80 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Crystal Ceramic Industries can be reached through the website crystalceramic.com. Its registered office is in Ahmedabad, Gujarat, India.
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