Eurosys Spa Private Limited - manufacturing in Morbi, Gujarat, India. Directors, charges & compliance details.
CIN U25199GJ2016PTC092689 Incorporated 28 June 2016 ROC Ahmedabad HQ Morbi, Gujarat, India
Converted to LLP Private Limited Company manufacturing
Data last updated
Revenue · FY 2023
₹26.26 Cr
▲ 11% YoY
Net profit · FY 2023
₹47.7 Lakh
Net margin 1.8%
EBITDA · FY 2023
₹2.1 Cr
EBITDA margin 8%
Authorised capital
₹1.05 Cr
Registered with MCA
Paid-up capital
₹1.05 Cr
Issued & subscribed
Satisfied charges
₹9.06 Cr
No open charges
Company age
10 yrs
Est. 2016
Directors on board
2
As per MCA filings

About Eurosys Spa Private Limited

Data last updated:

Eurosys Spa Private Limited was a private limited company based in Morbi, Gujarat, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the sanitaryware and tile segment of the manufacturing sector. It was incorporated on 28 June 2016.

The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U25199GJ2016PTC092689. The company has 1 GST registration on record, which is no longer active.

The company had an authorised share capital of ₹1.05 Cr and a paid-up capital of ₹1.05 Cr. It was led by directors Parth Keshavlal Charola and Viralbhai Keshavlal Charola.

Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Plot No. 14 Survey No. 21 Opp. Zealtop Granito Old Ghuntu Road At : Trajpar, Morbi, Gujarat, India – 363642.

As per the financials filed for FY 2023, the company reported a revenue of ₹26.26 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹47.7 Lakh (net margin 1.8%) and EBITDA of ₹2.1 Cr (EBITDA margin 8%). Revenue has grown at a compounded annual rate (CAGR) of 72% over three years and 74% over five years.

The company is associated with 1 brand: Eurosys. As per MCA filings, the company has satisfied charges of ₹9.06 Cr on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.

The last known website on record is eurosys.in.

Company Details of Eurosys Spa Private Limited
CIN U25199GJ2016PTC092689
Registration Number 092689
Incorporation Date 28 June 2016
ROC Ahmedabad
Listing Status Unlisted
Company Status Converted to LLP
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
  • Social Media
    Locked
  • Registered Address
    Plot No. 14 Survey No. 21 Opp. Zealtop Granito Old Ghuntu Road At : Trajpar, Morbi, Gujarat, India – 363642
  • Industry
    Manufacturing, Sanitaryware & Tile, Ceramics
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Financials, compliance, directors, charges, ownership and filings for Eurosys Spa Private Limited in one report.

Financials from FY 2017 Directors & ownership Charges & compliance

Business Activity of Eurosys Spa Private Limited

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

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
CManufacturingC8Plastic products, non-metallic mineral products, rubber products, fabricated metal productsLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

  • Turnover contribution
  • Historical classifications
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Financials of Eurosys Spa Private Limited FY 2023 filings available

Eurosys Spa Private Limited reported revenue of ₹26.26 Cr (up 11% YoY) for FY 2023.

Revenue · FY 2023
₹26.26 Cr ▲ 11%
Net profit · FY 2023
₹47.7 Lakh margin 1.8%
EBITDA · FY 2023
₹2.1 Cr margin 8%

Compounded Annual Growth Rate (CAGR) of Eurosys Spa Private Limited

Revenue CAGR growth
1 year
▲ 11%
3 years · compounded
▲ 72%
5 years · compounded
▲ 74%
EBITDA CAGR growth
1 year
▲ 79%
3 years · compounded
▲ 51%
5 years · compounded
▲ 44%

Revenue has grown at a compounded annual rate (CAGR) of 74% over five years, including 11% growth in the latest year. EBITDA rose 79% 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 Eurosys Spa Private Limited

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations••••••••••••••••••••
Other Income••••••••••••••••••••
Total Revenue₹26.26 Cr••••••••••••••••
Cost of Materials Consumed••••••••••••••••••••
Employee Benefit Expense••••••••••••••••••••
Finance Costs••••••••••••••••••••
Depreciation and Amortisation••••••••••••••••••••
Other Expenses••••••••••••••••••••
Total Expenses••••••••••••••••••••
EBITDA₹2.1 Cr••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹47.7 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 Eurosys Spa Private Limited

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin8%••••••••••••••••
Net Profit Margin1.8%••••••••••••••••
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 Eurosys Spa are in the company report.

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Financial statements from FY 2017

Earlier years and trend charts are in the company report.

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Peer Comparison of Eurosys Spa Private Limited

Eurosys Spa 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Rajasthan Digital Tiles Private Limited₹26.6 Cr (FY 2025)••••••••-29.0%••••Sri Madhopur, Rajasthan, India
Bristile Overseas Private Limited₹26.51 Cr (FY 2025)••••••••-50.0%••••Kanpur, Uttar Pradesh, India
S.V.G. Granites Private Limited₹26.51 Cr (FY 2025)••••••••-4.0%••••Secunderabad, Telangana, India
Sanguine Management Services Private Limited₹26.45 Cr (FY 2025)••••••••-28.0%••••Ahmedabad, Gujarat, India
Stefina Vitrified Private Limited₹26.29 Cr (FY 2020)••••••••-32.0%••••Matel, Gujarat, India
Eurosys Spa Private Limited this company₹26.26 Cr (FY 2023)••••••••11.0%••••Morbi, Gujarat, India
Shallow Ceramic Private Limited₹25.94 Cr (FY 2025)••••••••-16.0%••••Rangpar, Gujarat, India
Superking Abrasives Private Limited₹25.91 Cr (FY 2024)••••••••16.0%••••Morbi, Gujarat, India
Tita Sanitarywares Private Limited₹25.87 Cr (FY 2025)••••••••13.0%••••Morbi, Gujarat, India
Sunraj Ceramic Private Limited₹25.81 Cr (FY 2025)••••••••26.0%••••Lakaddhar, Gujarat, India
Aland Ceramic Private Limited₹25.81 Cr (FY 2025)••••••••-9.0%••••Matel, Gujarat, India

Peers are the five companies nearest above and the five nearest below Eurosys Spa 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 Eurosys Spa Private Limited

Eurosys Spa Private Limited is audited by AKMK & ASSOCIATES for the financial year 2023.

NameStatusAppointment DateCessation Date
AKMK & ASSOCIATESLockedLockedLocked
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Board of Directors of Eurosys Spa Private Limited

Eurosys Spa has 2 directors on record. No former directors are listed.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Parth Keshavlal CharolaDirector28 Jun 201610 Years 3 MonthsAs last reported
Viralbhai Keshavlal CharolaDirector28 Jun 201610 Years 3 MonthsAs last reported

Ownership and Shareholding of Eurosys Spa Private Limited

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Charges & Borrowings of Eurosys Spa Private Limited

Open charges
None
Satisfied charges
₹9.06 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹5.29 Cr
Others₹3.77 Cr
Latest charge details
DateLenderAmountStatus
03 Sep 2022Hdfc Bank Limited₹5.29 CrSatisfied
02 Feb 2017Others₹3.77 CrSatisfied

Total charge records: 2 View all charges

Associated Brands with Eurosys Spa Private Limited

Eurosys Spa operates one associated brand: Eurosys. Each brand links to its own profile.

BrandDescriptionWebsite
Manufacturing and supplying sanitary ware accessories such as toilet seat covers and cisterns in India.eurosys.in

Employees and EPFO Compliance at Eurosys Spa Private Limited

Employment history and EPFO contributions of people linked to Eurosys Spa.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Eurosys Spa Private Limited

Eurosys Spa Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Parth Keshavlal Charola was appointed as Director on 28 Jun 2016.

Charges
A charge registered on 03 Sep 2022 via Charge ID 100608437 with Hdfc Bank Limited was fully satisfied on 20 May 2024.
Charges
A charge with Hdfc Bank Limited of Rs. 5.29 Cr registered on 03 Sep 2022 with Charge ID 100608437 was modified on 25 Oct 2023.
AGM
Eurosys Spa Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Eurosys Spa Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.
Charges
A charge registered on 02 Feb 2017 via Charge ID 100077663 with Others was fully satisfied on 03 Oct 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 5.29 Cr with Charge ID 100608437 was registered on 03 Sep 2022.
Charges
A charge with Others of Rs. 3.77 Cr registered on 02 Feb 2017 with Charge ID 100077663 was modified on 17 Nov 2021.
Charges
A charge with Others amounted to Rs. 3.77 Cr with Charge ID 100077663 was registered on 02 Feb 2017.
Appointed
Parth Keshavlal Charola was appointed as Director.
Appointed
Viralbhai Keshavlal Charola was appointed as Director.
Incorporation
28 Jun 2016
Eurosys Spa Private Limited was registered on 28 Jun 2016 with Roc Ahmedabad & aged 10 years 3 months as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Eurosys Spa Private Limited

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MSME Payment Delays by Eurosys Spa Private Limited

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Subsidiaries & Group Companies of Eurosys Spa Private Limited

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GST Compliance of Eurosys Spa Private Limited

Eurosys Spa has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1
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MCA Filings & Documents of Eurosys Spa Private Limited

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Frequently Asked Questions about Eurosys Spa Private Limited

Eurosys Spa has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.

Eurosys Spa was a private limited company based in Morbi, Gujarat, India. The company worked in sanitaryware and tile, within the manufacturing industry. It was incorporated on 28 June 2016 and is registered under CIN U25199GJ2016PTC092689. For the latest details, refer to the successor LLP entity.

The CIN (Corporate Identification Number) of Eurosys Spa is U25199GJ2016PTC092689. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Eurosys Spa had 2 directors:

Eurosys Spa was incorporated on 28 June 2016. It is registered with the Registrar of Companies, Ahmedabad.

Eurosys Spa can be reached through the website eurosys.in. Its registered office is in Morbi, Gujarat, India.

The registered office of Eurosys Spa is at Plot No. 14 Survey No. 21 Opp. Zealtop Granito Old Ghuntu Road At : Trajpar, Morbi, Gujarat, India – 363642.

Eurosys Spa reported revenue of ₹26.26 Cr for FY 2023 (up 11% YoY).

Eurosys Spa has an authorised share capital of ₹1.05 Cr and a paid-up capital of ₹1.05 Cr.

Eurosys Spa reported a net profit of ₹47.7 Lakh (net margin 1.8%) and EBITDA of ₹2.1 Cr (EBITDA margin 8%) for FY 2023, as per its filed financial statements.

No. Eurosys Spa has 1 GST registration on record and it is cancelled or inactive.

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