About Duracon Vitrified Private Limited
Data last updated:
Duracon Vitrified Private Limited was a private limited company based in Wankaner, Gujarat, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the ceramics segment of the manufacturing sector. It was incorporated on 21 March 2011.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U26914GJ2011PTC064529. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹8.5 Cr and a paid-up capital of ₹8.05 Cr. It was led by directors including Bhargav Jamnadas Faldu and Yatin Jamnadas Tilva.
Its last annual general meeting (AGM) was held on 15 July 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at Survey No. 128 Sartanpar, Wankaner, Gujarat, India – 363622.
As per the financials filed for FY 2024, the company reported a revenue of ₹169.99 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹3.63 Cr (net margin 2.1%) and EBITDA of ₹9.8 Cr (EBITDA margin 5.8%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 11% over five years.
The company had about 17 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 1 brand: Duraconvitrified. As per MCA filings, the company had open charges of ₹31 Cr on record. Court records list 5 cases involving the company, including 1 filed by the company and 4 filed against it.
The last known website on record is duraconvitrified.com.
Company details
Contact details
Duracon Vitrified Private Limited's registered office is in Wankaner, Gujarat. Its website is duraconvitrified.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSurvey No. 128 Sartanpar, Wankaner, Gujarat, India – 363622
- IndustryManufacturing, Ceramics, Sanitaryware & Tile
To see the full contact details of Duracon Vitrified Private 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
Brands
Duracon Vitrified operates one associated brand: Duraconvitrified. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| duraconvitrified.com |
Business activity
The main business activities of Duracon Vitrified are manufacturing and trade. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products and retail trading. 2 activity segments are registered with the MCA.
| 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 | |
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Duracon Vitrified Private Limited, buy the company report.
Financials of Duracon Vitrified Private Limited
FY 2024 filings availableDuracon Vitrified Private Limited reported revenue of ₹169.99 Cr (up 4% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 4% growth in the latest year. EBITDA rose 16% 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 | ₹169.99 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹9.8 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.63 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.8% | ||||
| Net Profit Margin | 2.1% | ||||
| 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 Duracon Vitrified Private Limited, buy the company report.
Board of directors of Duracon Vitrified Private Limited
Duracon Vitrified 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 |
|---|---|---|---|---|
| Bhargav Jamnadas Faldu Also directs: Icon Granito Private Limited | Director | 21 Mar 2011 | 15 Years 7 Months | As last reported |
| Yatin Jamnadas Tilva | Director | 21 Jan 2012 | 14 Years 9 Months | As last reported |
| Dipak Chandrakantbhai Lalakiya | Director | 21 Jan 2012 | 14 Years 9 Months | As last reported |
Peer comparison
Duracon Vitrified 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 |
|---|---|---|---|---|---|---|
| Creanza Ceramic Private Limited | ₹177.63 Cr (FY 2025) | -15.0% | Morbi, 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 Limitedthis company | ₹169.99 Cr (FY 2024) | ₹3.63 Cr | 2.1% | 4.0% | 17 | Wankaner, Gujarat, India |
| Ibis Smart Marble Private Limited | ₹165.76 Cr (FY 2025) | -2.0% | Morbi, Gujarat, India | |||
| Siyaram Granito Private Limited | ₹163.12 Cr (FY 2025) | -7.0% | Jivapar Chakampar, Gujarat, India | |||
| Claystone Granito Private Limited | ₹162.01 Cr (FY 2025) | -6.0% | Morbi, Gujarat, India |
To see the full peer comparison of Duracon Vitrified Private Limited, buy the company report.
Auditor
Duracon Vitrified Private Limited is audited by S. Sharda & Associates for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. Sharda & Associates | FY 2024 | 117361W |
Shareholding
The shareholding of Duracon Vitrified Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Duracon Vitrified Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Sep 2011 | 10307936 | Others | ₹31 Cr | Open |
To see the full charge records of Duracon Vitrified Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Duracon Vitrified Private Limited has 5 court cases on record: 1 filed by Duracon Vitrified, 4 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 0 |
| High courts | 2 | 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 |
| High Court of Gujarat | Special civil application | Filed by the company against State of Gujarat | Disposed |
| District court, RAJKOT, Gujarat | Court case (AGRMNT LC) | Filed against the company by an individual | Disposed |
To see the full case history of Duracon Vitrified 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Duracon Vitrified Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Duracon Vitrified has 1 associated company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
Employees & EPFO
Duracon Vitrified Private Limited has a workforce of 17 employees on its EPFO records as of Feb 03, 2026, across 1 active EPFO establishment.
GST
Duracon Vitrified has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Duracon Vitrified Private Limited, buy the company report.
Recent activity
Duracon Vitrified Private Limited has 7 board changes on record since 2011: 5 appointments and 2 cessations. The latest: Ziral Soni ceased to be Company Secretary on 01 Apr 2020.
Frequently asked questions
Duracon Vitrified has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Duracon Vitrified was a private limited company based in Wankaner, Gujarat, India. The company worked in ceramics, within the manufacturing industry. It was incorporated on 21 March 2011 and is registered under CIN U26914GJ2011PTC064529. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Duracon Vitrified was incorporated on 21 March 2011. It is registered with the Registrar of Companies, Ahmedabad.
Duracon Vitrified had 3 directors:
- Bhargav Jamnadas Faldu - Director
- Yatin Jamnadas Tilva - Director
- Dipak Chandrakantbhai Lalakiya - Director
The CIN (Corporate Identification Number) of Duracon Vitrified is U26914GJ2011PTC064529. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Duracon Vitrified is at Survey No. 128 Sartanpar, Wankaner, Gujarat, India – 363622.
Duracon Vitrified can be reached through the website duraconvitrified.com. Its registered office is in Wankaner, Gujarat, India.
The latest financial statements of Duracon Vitrified on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 15 July 2024. Year-wise statements from 2015 are in the company report.
No. Duracon Vitrified has 1 GST registration on record and it is cancelled or inactive.
Duracon Vitrified operated in the manufacturing industry, in the ceramics segment.
The peers of Duracon Vitrified by revenue are Creanza Ceramic Private Limited, Glowstone Industries Private Limited, Lioli Ceramica Private Limited, Nextile Marbosys Private Limited, Ibis Smart Marble 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).