MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-32-0001158
Elica Vitrified Private Limited - manufacturing in Ghuntu, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹77.87 Cr
▲ 6% YoY
Net profit · FY 2024
₹83.25 Lakh
Net margin 1.1%
EBITDA · FY 2024
₹4.6 Cr
EBITDA margin 5.9%
Authorised capital
₹3.25 Cr
Registered with MCA
Paid-up capital
₹3.2 Cr
Issued & subscribed
Open charges
₹35.91 Cr
Secured borrowings
Company age
16 yrs
Est. 2010
Employees · EPFO
16
Provident fund records
About Elica Vitrified Private Limited
Data last updated:
Elica Vitrified Private Limited is a private limited company based in Ghuntu, Gujarat, India. It operates in the sanitaryware and tile segment of the manufacturing sector. It was incorporated on 15 July 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U26933GJ2010PTC061600. Its GSTIN is 24AACCE4492K1ZH (Gujarat).
The company has an authorised share capital of ₹3.25 Cr and a paid-up capital of ₹3.2 Cr. It is led by directors including Mahendrabhai Vinodbhai Barasara and Prashant Ramjibhai Barasara.
Its last annual general meeting (AGM) was held on 20 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at S.No. 779P4 – 5 – 6 Nr. Gspc Terminal Lakhdhirpar Road Tal. Morbi, Ghuntu, Gujarat, India – 363642.
As per the financials filed for FY 2024, the company reported a revenue of ₹77.87 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹83.25 Lakh (net margin 1.1%) and EBITDA of ₹4.6 Cr (EBITDA margin 5.9%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 8% over five years.
The company has about 16 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Elica Vitrified. As per MCA filings, the company has open charges of ₹35.91 Cr on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it. The company has 9 deals on record (8 secondary share transfers, 1 funding round), with disclosed funding of ₹9 Cr; the latest was in March 2020. Its 5 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, 1 larger and 4 smaller; the largest is Zarko Granito Private Limited with revenue of ₹80.43 Cr.
Elica Vitrified Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-32-0001158). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website elicavitrified.com.
Company details
CIN U26933GJ2010PTC061600
Registration Number 061600
Incorporation Date 15 July 2010
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-32-0001158
Key People
Mahendrabhai Vinodbhai Barasara Director Prashant Ramjibhai Barasara Director Dilipkumar Jivrajbhai Barasara Director Recognitions & Rankings of Elica Vitrified
Contact details
Elica Vitrified Private Limited's registered office is in Ghuntu, Gujarat. Its website is elicavitrified.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressS.No. 779P4 – 5 – 6 Nr. Gspc Terminal Lakhdhirpar Road Tal. Morbi, Ghuntu, Gujarat, India – 363642
- IndustryManufacturing, Sanitaryware & Tile, Ceramics
To see the full contact details of Elica Vitrified Private Limited, buy the company report.
Comprehensive company report
Elica Vitrified 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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Brands
Elica Vitrified operates one associated brand: Elica Vitrified. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures and supplies vitrified tiles in various sizes for building applications. | elicavitrified.com |
Business activity
The main business activity of Elica Vitrified 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 Elica Vitrified Private Limited, buy the company report.
Financials of Elica Vitrified Private Limited
FY 2025 filings availableElica Vitrified Private Limited reported revenue of ₹77.87 Cr (up 6% YoY) for FY 2024.
Revenue · FY 2024
₹77.87 Cr ▲ 6%
Net profit · FY 2024
₹83.25 Lakh margin 1.1%
EBITDA · FY 2024
₹4.6 Cr margin 5.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 6%
3 years · compounded
▲ 10%
5 years · compounded
▲ 8%
EBITDA CAGR growth
1 year
▲ 1%
3 years · compounded
▼ 4%
5 years · compounded
▼ 1%
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 6% growth in the latest year. EBITDA rose 1% 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 | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹4.6 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹83.25 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.9% | ||||
| Net Profit Margin | 1.1% | ||||
| 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 Elica Vitrified Private Limited, buy the company report.
Board of directors of Elica Vitrified Private Limited
Elica Vitrified has 5 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 |
|---|---|---|---|---|
| Mahendrabhai Vinodbhai Barasara Also directs: Ramest Global Trade LLP | Director | 06 May 2019 | 7 Years 6 Months | Current |
| Prashant Ramjibhai Barasara Also directs: Ramest Global Trade LLP | Director | 06 May 2019 | 7 Years 6 Months | Current |
| Dilipkumar Jivrajbhai Barasara Also directs: Ramest Granito LLP | Director | 15 Jul 2010 | 16 Years 3 Months | Current |
| Prabhubhai Jivrajbhai Barasara Also directs: Ramest Granito LLP | Director | 31 Jul 2010 | 16 Years 3 Months | Current |
| Hiteshbhai Prabhulal Barasara | Director | 06 May 2019 | 7 Years 6 Months | Current |
Peer comparison
Elica Vitrified Private Limited is compared with the 5 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 |
|---|---|---|---|---|---|---|
| Zarko Granito Private Limited | ₹80.43 Cr (FY 2025) | -17.0% | Morbi, Gujarat, India | |||
| Elica Vitrified Private Limitedthis company | ₹77.87 Cr (FY 2024) | ₹83.25 Lakh | 1.1% | 6.0% | 16 | Ghuntu, Gujarat, India |
| Stone Exporters (India) Private Limited | ₹77.84 Cr (FY 2023) | -48.0% | Hyderabad, Telangana, India | |||
| Marmola Vitrified Private Limited | ₹77.09 Cr (FY 2025) | -10.0% | Morbi, Gujarat, India | |||
| Adoration Ceramica Private Limited | ₹76.93 Cr (FY 2025) | -29.0% | Morbi, Gujarat, India | |||
| Qutone Tiles Private Limited | ₹76.42 Cr (FY 2017) | 895.0% | Wankaner, Gujarat, India |
To see the full peer comparison of Elica Vitrified Private Limited, buy the company report.
Auditor
Elica Vitrified Private Limited is audited by TUSHAR KUMAR & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| TUSHAR KUMAR & ASSOCIATES | FY 2023 | 152690W |
Shareholding
The shareholding of Elica Vitrified 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 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 Elica Vitrified Private Limited, buy the company report.
Charges & borrowings
Open charges
₹35.91 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Oct 2010 | 10249857 | State Bank of India | ₹35.91 Cr | Open |
To see the full charge records of Elica Vitrified Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Elica Vitrified Private Limited has 9 deals on record (8 secondary share transfers, 1 funding round), with disclosed funding of ₹9 Cr; the latest was in March 2020.
Total deals
9
Secondary share transfers
8
Funding round
1
Disclosed funding
₹9 Cr
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| Feb 2020 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 3 individuals |
| Aug 2019 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| Jul 2019 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| Jun 2019 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 4 individuals |
To see the full deal history of Elica Vitrified Private 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
Elica Vitrified Private Limited has 3 court cases on record: 1 filed by Elica Vitrified, 2 filed against it. All cases are disposed.
Total cases
3
Filed by the company
1
Filed against the company
2
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, RAJKOT, Gujarat | Court case (DST LC) | Filed against the company by an individual | Disposed |
| Supreme Court | Court case (1412-Criminal Matters : Criminal T.P. Under Section 406 of the Cr.P.C.) | Filed against the company by an individual | Disposed |
| District court, MORBI, Gujarat | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Elica 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.
Credit ratings & regulatory alerts
Elica Vitrified Private Limited was last rated by Icra on 27 Aug 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 27 Aug 2021 |
To see the full credit ratings and regulatory alerts of Elica Vitrified Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Elica Vitrified Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Elica Vitrified Private Limited has a workforce of 16 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
16
Active EPFO establishments
1
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 16 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Elica Vitrified Private Limited, buy the company report.
GST
Elica Vitrified has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCE4492K1ZH | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Elica Vitrified Private Limited, buy the company report.
Recent activity
Elica Vitrified Private Limited has 10 board changes on record since 2010: 5 appointments and 5 cessations. The latest: Bhudarbhai Thakrshibhai Patel ceased to be Director on 06 May 2019.
AGM
Elica Vitrified Private Limited last Annual general meeting of members was held on 20 Sep 2025 as per latest MCA records.
Filing
Elica Vitrified Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with State Bank Of India of Rs. 35.91 Cr registered on 29 Oct 2010 with Charge ID 10249857 was modified on 01 Aug 2024.
Ceased
Bhudarbhai Thakrshibhai Patel ceased to be Director.
Appointed
Hiteshbhai Prabhulal Barasara was appointed as Director.
Ceased
Jayantilal Maganlal Kotadiya ceased to be Director.
Ceased
Jitendrabhai Kacharabhai Sherasiya ceased to be Director.
Appointed
Mahendrabhai Vinodbhai Barasara was appointed as Director.
Appointed
Prashant Ramjibhai Barasara was appointed as Director.
Ceased
Rupeshkumar Maganlal Kotadia ceased to be Director.
Ceased
Parsotam Kacharabhai Sherashiya ceased to be Director.
Charges
A charge with State Bank Of India amounted to Rs. 35.91 Cr with Charge ID 10249857 was registered on 29 Oct 2010.
3 earlier events are in the company report.
Frequently asked questions
Elica Vitrified is an active private limited company based in Ghuntu, Gujarat, India. The company works in sanitaryware and tile, within the manufacturing industry. It was incorporated on 15 July 2010 (16+ years old) and is registered under CIN U26933GJ2010PTC061600.
Elica Vitrified has 5 current directors:
- Mahendrabhai Vinodbhai Barasara - Director
- Prashant Ramjibhai Barasara - Director
- Dilipkumar Jivrajbhai Barasara - Director
- Prabhubhai Jivrajbhai Barasara - Director
- Hiteshbhai Prabhulal Barasara - Director
The latest financial statements of Elica Vitrified on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 20 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Elica Vitrified is 24AACCE4492K1ZH, registered in Gujarat.
The CIN (Corporate Identification Number) of Elica Vitrified is U26933GJ2010PTC061600. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Elica Vitrified has 3 court cases on record: 1 filed by the company and 2 filed against it. Most are in the district courts.
Elica Vitrified was incorporated on 15 July 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Elica Vitrified has 9 deals on record (8 secondary share transfers, 1 funding round), with disclosed funding of ₹9 Cr; the latest was in March 2020.
The peers of Elica Vitrified by revenue are Zarko Granito Private Limited, Stone Exporters (India) Private Limited, Marmola Vitrified Private Limited, Adoration Ceramica Private Limited, Qutone Tiles Private Limited, 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).
Bhudarbhai Thakrshibhai Patel ceased to be Director on 06 May 2019. Hiteshbhai Prabhulal Barasara was appointed as Director on 06 May 2019. Jayantilal Maganlal Kotadiya ceased to be Director on 06 May 2019. Elica Vitrified has 10 board changes on record in total.
Yes, Elica Vitrified is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-32-0001158).
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