Favourite Minerals LLP
About Favourite Minerals LLP
Data last updated:
Favourite Minerals LLP is a limited liability partnership (LLP) based in Morbi, Gujarat, India. It operates in the ceramics, sanitaryware and tile segment of the manufacturing sector. It was incorporated on 18 May 2018 and has been in existence for over 8 years.
The LLP is registered with the Registrar of Companies (ROC), Ahmedabad, under LLPIN AAM-6490. Its GSTIN is 24AAFFF9200L1ZH (Gujarat).
The LLP has a total obligation of contribution of ₹2.5 Cr. It is led by designated partners including Praful Vashrambhai Kaila and Vijaykumar Becharbhai Patel.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at Survey No. 110 Village: Sartanpar Taluka: Wankaner, Morbi, Gujarat, India – 363621.
As per the financials filed for FY 2021, the LLP reported a revenue of ₹16.11 Cr. For the same year it recorded a net profit of ₹32.93 Lakh (net margin 2%) and EBITDA of ₹16.96 Cr (EBITDA margin 105.3%).
As per MCA filings, the LLP has open charges of ₹13.22 Cr on record. Court records list 1 case involving the LLP, including 1 filed by the LLP.
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- Registered AddressSurvey No. 110 Village: Sartanpar Taluka: Wankaner, Morbi, Gujarat, India – 363621
- IndustryManufacturing, Ceramics, Sanitaryware & Tile
- 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
- One PDF report, delivered after checkout
Financials of Favourite Minerals LLP FY 2025 filings available
Favourite Minerals LLP reported revenue of ₹16.11 Cr for FY 2021.
Financial Statement Summary of Favourite Minerals LLP
| Statement of Account and Solvency | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|
| Income and Expenditure | |||
| Turnover | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• |
| Total Income | ₹16.11 Cr | •••• | •••• |
| Purchases and Direct Costs | •••• | •••• | •••• |
| Personnel Expenses | •••• | •••• | •••• |
| Administrative Expenses | •••• | •••• | •••• |
| Interest | •••• | •••• | •••• |
| Depreciation | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax | •••• | •••• | •••• |
| Profit After Tax | ₹32.93 Lakh | •••• | •••• |
| Profit Transferred to Partners | •••• | •••• | •••• |
| Assets and Liabilities | |||
| Partners' Contribution | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• |
| Secured Loans | •••• | •••• | •••• |
| Unsecured Loans | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• |
| Other Liabilities and Provisions | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• |
| Loans and Advances | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• |
Financial Ratios of Favourite Minerals LLP
| Statement of Account and Solvency | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|
| Profitability | |||
| Net Profit Margin | 2% | •••• | •••• |
| Return on Partners' Funds | •••• | •••• | •••• |
| Return on Assets | •••• | •••• | •••• |
| Liquidity and Debt | |||
| Current Ratio | •••• | •••• | •••• |
| Debt to Partners' Funds | •••• | •••• | •••• |
| Interest Coverage | •••• | •••• | •••• |
| Efficiency and Growth | |||
| Asset Turnover | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• |
| Turnover Growth | •••• | •••• | •••• |
| 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 8. The full year-wise statements and ratios of Favourite Minerals are in the company report.
Financial statements from FY 2019
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Auditor Details of Favourite Minerals LLP
Favourite Minerals LLP is audited by A M FULETRA & ASSOCIATES for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| A M FULETRA & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Designated Partners of Favourite Minerals LLP
Favourite Minerals has 5 current designated partners and 5 former designated partners. Current designated partners are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Praful Vashrambhai Kaila | Designated Partner | 18 May 2018 | 8 Years 4 Months | Current |
| Vijaykumar Becharbhai Patel | Designated Partner | 10 Jul 2018 | 8 Years 2 Months | Current |
| Parth Rajnibhai Adroja | Designated Partner | 10 Jul 2018 | 8 Years 2 Months | Current |
| Arvindkumar Kalyanjibhai Pethapara | Designated Partner | 10 Jul 2018 | 8 Years 2 Months | Current |
| Becharbhai Odhavjibhai Rangpadia | Designated Partner | 01 Jun 2021 | 5 Years 4 Months | Current |
Ownership and Shareholding of Favourite Minerals LLP
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Favourite Minerals LLP
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Oct 2018 | Hdfc Bank Limited | ₹6.61 Cr | Open |
| 23 Oct 2018 | Hdfc Bank Limited | ₹6.61 Cr | Open |
Total charge records: 2 View all charges
Legal Cases of Favourite Minerals LLP
Favourite Minerals LLP has 1 court case on record: 1 filed by Favourite Minerals. All case is disposed. Status as checked on 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Ahmedabad | Insolvency matter | Filed by the company against Ramos Ceramic Private Limited | Disposed |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Favourite Minerals LLP
Employment history and EPFO contributions of people linked to Favourite Minerals.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Favourite Minerals LLP
Favourite Minerals LLP has 11 designated partner changes on record since 2018: 9 appointments and 2 cessations. The latest: Becharbhai Odhavjibhai Rangpadia was appointed as Designated Partner on 01 Jun 2021.
6 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Favourite Minerals LLP
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Favourite Minerals LLP
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Favourite Minerals LLP
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Favourite Minerals LLP
Favourite Minerals has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFFF9200L1ZH | Gujarat | Active | 12 Jul 2018 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Favourite Minerals LLP
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Favourite Minerals LLP
Favourite Minerals is an active limited liability partnership based in Morbi, Gujarat, India. The LLP works in ceramics, sanitaryware and tile, within the manufacturing industry. It was incorporated on 18 May 2018 (8+ years old) and is registered under LLPIN AAM-6490.
Favourite Minerals reported revenue of ₹16.11 Cr for FY 2021.
Favourite Minerals has 5 current designated partners:
- Praful Vashrambhai Kaila - Designated Partner
- Vijaykumar Becharbhai Patel - Designated Partner
- Parth Rajnibhai Adroja - Designated Partner
- Arvindkumar Kalyanjibhai Pethapara - Designated Partner
- Becharbhai Odhavjibhai Rangpadia - Designated Partner
Favourite Minerals reported a net profit of ₹32.93 Lakh (net margin 2%) and EBITDA of ₹16.96 Cr (EBITDA margin 105.3%) for FY 2021, as per its filed financial statements.
The GSTIN of Favourite Minerals is 24AAFFF9200L1ZH, registered in Gujarat.
The LLPIN (Limited Liability Partnership Identification Number) of Favourite Minerals is AAM-6490. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Favourite Minerals has 1 court case on record: 1 filed by the LLP.
Favourite Minerals was incorporated on 18 May 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Becharbhai Odhavjibhai Rangpadia was appointed as Designated Partner on 01 Jun 2021. Hiteshbhai Damjibhai Shirvi was appointed as Partner on 01 Jun 2021. Becharbhai Odhavjibhai Rangpadia ceased to be Partner on 31 May 2021. Favourite Minerals has 11 designated partner changes on record in total.
The registered office of Favourite Minerals is at Survey No. 110 Village: Sartanpar Taluka: Wankaner, Morbi, Gujarat, India – 363621.