About Exxaro Tiles Limited
Data last updated:
Exxaro Tiles Limited is a public limited company based in Talod, Gujarat, India. It operates in the sanitaryware and tile segment of the manufacturing sector. It was incorporated on 02 January 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L26914GJ2008PLC052518. Its GSTIN is 24AADCR8355H1Z8 (Gujarat). The company holds 5 GST registrations, of which 3 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 543327 and NSE: EXXARO.
The company has an authorised share capital of ₹56 Cr and a paid-up capital of ₹44.74 Cr. It is led by directors including Mukeshkumar Babubhai Patel (Managing Director) and Dineshbhai Ramanlal Patel (Whole-Time Director).
Its last annual general meeting (AGM) was held on 27 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Survey No. 169 & 170 Vavdi Harsol Road At & Po.: Mahelav Taluka: Talod, Gujarat, India – 383305.
As per the financials filed for FY 2026, the company reported a revenue of ₹305.61 Cr. For the same year it recorded a net profit of ₹2.83 Cr (net margin 0.9%) and EBITDA of ₹25.64 Cr (EBITDA margin 8.4%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 3% over five years.
Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Exxaro Tiles. As per MCA filings, the company has open charges of ₹164.19 Cr and satisfied charges of ₹290.23 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website exxarotiles.com.
Company details
Contact details
Exxaro Tiles Limited's registered office is in Talod, Gujarat. Its website is exxarotiles.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressSurvey No. 169 & 170 Vavdi Harsol Road At & Po.: Mahelav Taluka: Talod, Gujarat, India – 383305
- IndustryManufacturing, Sanitaryware & Tile, Ceramics
To see the full contact details of Exxaro Tiles 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
Exxaro Tiles operates one associated brand: Exxaro Tiles. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Tiles are manufactured by Exxaro Tiles in Sabarkantha, India. | exxarotiles.com |
Business activity
The main business activity of Exxaro Tiles is manufacturing. In detail, this covers other manufacturing.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 32 | Other manufacturing |
To see the full business activity and turnover split of Exxaro Tiles Limited, buy the company report.
Financials of Exxaro Tiles Limited
FY 2026 filings availableExxaro Tiles Limited reported revenue of ₹305.61 Cr for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 3% over five years. EBITDA rose 10% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹305.61 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹25.64 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.83 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.4% | ||||
| Net Profit Margin | 0.9% | ||||
| 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 Exxaro Tiles Limited, buy the company report.
Board of directors of Exxaro Tiles Limited
Exxaro Tiles has 7 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dineshbhai Ramanlal Patel Also directs: Dhvanish and Devang Petro Private Limited, Exxaro Ceramic Limited | Whole-Time Director | 06 Aug 2014 | 12 Years 3 Months | Current |
| Kamal Dave Also directs: Kevadiya Construction Limited | Director | 05 Jan 2021 | 5 Years 10 Months | Current |
| Kirankumar Bhikhalal Patel Also directs: Exxaro Ceramic Limited | Whole-Time Director | 24 Jan 2012 | 14 Years 9 Months | Current |
| Mukeshkumar Babubhai Patel Also directs: Exxaro Ceramic Limited | Managing Director | 24 Jan 2012 | 14 Years 9 Months | Current |
| Miten Shirish Majmundar | Director | 18 Nov 2025 | 0 Years 11 Months | Current |
| Gordhanbhai Bhagvanbhai Patel | Director | 12 Mar 2024 | 2 Years 7 Months | Current |
Auditor
Exxaro Tiles Limited is audited by HB Kalaria and Associates for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HB Kalaria and Associates | FY 2025 | 104571W |
Shareholding
The shareholding of Exxaro Tiles Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | 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 Exxaro Tiles Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Apr 2026 | 101296793 | Others | ₹10.45 Cr | Open | |
| 07 Jan 2026 | 101228665 | Others | ₹12.66 Cr | Open | |
| 02 Jan 2024 | 100849220 | Axis Bank Limited | ₹10 Cr | Open | |
| 16 Feb 2022 | 100547052 | Axis Bank Limited | ₹22 Cr | Open | |
| 16 Aug 2012 | 10373312 | State Bank of India | ₹109.08 Cr | Open |
To see the full charge records of Exxaro Tiles Limited, buy the company report.
Total charge records: 18 View all charges
Legal cases
No court or tribunal cases involving Exxaro Tiles Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Exxaro Tiles Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Exxaro Tiles has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Exxaro Ceramic Limited | U26994GJ2021PLC127930 |
To see the full group structure of Exxaro Tiles Limited, buy the company report.
GST
Exxaro Tiles has 5 GST registrations: 3 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCR8355H1Z8 | Gujarat | Active | 01 Jul 2017 |
| 24AADCR8355H2Z7 | Gujarat | Active | 22 Oct 2020 |
| 29AADCR8355H1ZY | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Exxaro Tiles Limited, buy the company report.
Recent activity
Exxaro Tiles Limited has 23 board changes on record since 2008: 15 appointments and 8 cessations. The latest: Miten Shirish Majmundar was appointed as Director on 18 Nov 2025.
48 earlier events are in the company report.
News
Frequently asked questions
Exxaro Tiles is an active public limited company based in Talod, Gujarat, India. The company works in sanitaryware and tile, within the manufacturing industry. It was incorporated on 02 January 2008 (18+ years old) and is registered under CIN L26914GJ2008PLC052518. Listed on BSE: 543327 and NSE: EXXARO.
Exxaro Tiles has 7 current directors:
- Mukeshkumar Babubhai Patel - Managing Director
- Dineshbhai Ramanlal Patel - Whole-Time Director
- Kirankumar Bhikhalal Patel - Whole-Time Director
- Kamal Dave - Director
- Miten Shirish Majmundar - Director
- Gordhanbhai Bhagvanbhai Patel - Director
- Darsha Kikani - Director
The latest financial statements of Exxaro Tiles on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 27 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Exxaro Tiles is 24AADCR8355H1Z8, registered in Gujarat. The company has 5 GST registrations in all, of which 3 are active and 2 are cancelled or inactive. Other active GSTINs include 24AADCR8355H2Z7 (Gujarat), 29AADCR8355H1ZY (Karnataka).
The CIN (Corporate Identification Number) of Exxaro Tiles is L26914GJ2008PLC052518. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Exxaro Tiles is a listed company as per MCA records. Its shares are listed on both BSE (code: 543327) and NSE (symbol: EXXARO).
Exxaro Tiles was incorporated on 02 January 2008, making it 18+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Miten Shirish Majmundar was appointed as Director on 18 Nov 2025. Khyati Bhavya Shah ceased to be Company Secretary on 08 Feb 2025. Khyati Bhavya Shah was appointed as Company Secretary on 02 Sep 2024. Exxaro Tiles has 23 board changes on record in total.
Exxaro Tiles can be reached through the website exxarotiles.com. Its registered office is in Talod, Gujarat, India.
The registered office of Exxaro Tiles is at Survey No. 169 & 170 Vavdi Harsol Road At & Po.: Mahelav Taluka: Talod, Gujarat, India – 383305.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
