About Favourite Plus Ceramic Private Limited
Data last updated:
Favourite Plus Ceramic Private Limited is a private limited company based in Sartanpar, Gujarat, India. It operates in the ceramics segment of the manufacturing sector. It was incorporated on 10 July 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U26933GJ2009PTC057500. Its GSTIN is 24AABCF3813C1ZB (Gujarat).
The company has an authorised share capital of ₹4.5 Cr and a paid-up capital of ₹4.25 Cr. It is led by directors including Praful Vashrambhai Kaila and Hiteshbhai Damjibhai Shirvi.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Survey No. 113 & 114 B/H. Hilltop Ceramic Tal. Wankaner, Sartanpar, Gujarat, India – 363622.
As per the financials filed for FY 2025, the company reported a revenue of ₹31.64 Cr, a decline of 20% compared to the previous year. For the same year it recorded a net profit of ₹41.99 Lakh (net margin 1.3%) and EBITDA of ₹2.1 Cr (EBITDA margin 6.6%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years and 9% over five years.
The company has about 21 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Favourite Tiles. As per MCA filings, the company has open charges of ₹10.5 Cr and satisfied charges of ₹24.57 Cr on record. Court records list 14 cases involving the company, including 8 filed by the company and 5 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website favouritetiles.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Apps
- Registered AddressSurvey No. 113 & 114 B/H. Hilltop Ceramic Tal. Wankaner, Sartanpar, Gujarat, India – 363622
- 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
Business Activity of Favourite Plus Ceramic Private Limited
The main business activity of Favourite Plus Ceramic is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Favourite Plus Ceramic Private Limited FY 2025 filings available
Favourite Plus Ceramic Private Limited reported revenue of ₹31.64 Cr (down 20% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Favourite Plus Ceramic Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 9% over five years, including a 20% fall in the latest year. EBITDA fell 15% 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 Favourite Plus Ceramic Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹2.1 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹41.99 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 | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Favourite Plus Ceramic Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.3% | •••• | •••• | •••• | •••• |
| 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 Favourite Plus Ceramic are in the company report.
Financial statements from 2015
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.
Peer Comparison of Favourite Plus Ceramic Private Limited
Favourite Plus Ceramic Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Ceramics, Sanitaryware and Tiles). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Panini Granites Private Limited | •••• | •••• | •••• | •••• | 16 | Hyderabad, Telangana, India |
| Sirium Ceramic Private Limited | •••• | •••• | •••• | •••• | 19 | Morbi, Gujarat, India |
| Fame Ceramic Private Limited | •••• | •••• | •••• | •••• | 13 | Morbi, Gujarat, India |
| Coral Ceramic Private Limited | •••• | •••• | •••• | •••• | 17 | Distrajkot, Gujarat, India |
| Spinora Tiles Private Limited | •••• | •••• | •••• | •••• | 17 | Morbi, Gujarat, India |
| Favourite Plus Ceramic Private Limited this company | •••• | •••• | •••• | •••• | - | Sartanpar, Gujarat, India |
| Axoli Tiles Private Limited | •••• | •••• | •••• | •••• | 15 | Jasmatgadh, Gujarat, India |
| Bisazza India Private Limited | •••• | •••• | •••• | •••• | 104 | Kadi, Gujarat, India |
| Panara Ceramic Private Limited | •••• | •••• | •••• | •••• | 19 | Unchi Mandal, Gujarat, India |
| Veerabhadra Minerals Pvt Ltd. | •••• | •••• | •••• | •••• | 35 | Khairatabad, Telangana, India |
| Freedom Ceramic Private Limited | •••• | •••• | •••• | •••• | 16 | Morbi, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Favourite Plus Ceramic by revenue in the Manufacturing industry (Ceramics, Sanitaryware and Tiles), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Favourite Plus Ceramic Private Limited
Favourite Plus Ceramic Private Limited is audited by B. B. KALARIA & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B. B. KALARIA & CO. | 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.
Board of Directors of Favourite Plus Ceramic Private Limited
Favourite Plus Ceramic has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Praful Vashrambhai Kaila | Director | 04 May 2011 | 15 Years 5 Months | Current |
| Hiteshbhai Damjibhai Shirvi Also directs: Clayart Granito LLP | Director | 10 Jul 2009 | 17 Years 2 Months | Current |
| Vijaykumar Becharbhai Patel | Director | 10 Jul 2009 | 17 Years 2 Months | Current |
| Becharbhai Odhavjibhai Rangpadia | Director | 10 Jul 2009 | 17 Years 2 Months | Current |
Ownership and Shareholding of Favourite Plus Ceramic Private Limited
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 Plus Ceramic Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Jun 2021 | Others | ₹10.5 Cr | Open |
| 03 Jun 2021 | Others | ₹1 Cr | Satisfied |
| 07 Nov 2017 | State Bank of India | ₹8.89 Cr | Satisfied |
| 28 Feb 2017 | Others | ₹1.33 Cr | Satisfied |
| 25 Apr 2016 | Others | ₹1.29 Cr | Satisfied |
Total charge records: 6 View all charges
Legal Cases of Favourite Plus Ceramic Private Limited
Favourite Plus Ceramic Private Limited has 14 court cases on record: 8 filed by Favourite Plus Ceramic, 5 filed against it, 1 where it is another party. 2 cases are pending and 12 are disposed. Status as checked between 29 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 5 | 2 |
| High courts | 2 | 0 | 0 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, MORBI, Gujarat | Criminal complaint | Filed by the company against an individual | Pending |
| District court, MORBI, Gujarat | Criminal complaint | Filed by the company against an individual | Pending |
| District court, RAJKOT, Gujarat | Court case (AGRMNT-LC) | Filed against the company by an individual | Disposed |
| District court, MORBI, Gujarat | Commercial matter | Filed by the company against an individual | Disposed |
| District court, MORBI, Gujarat | Court case (CR EN) | Filed by the company against an individual | Disposed |
Full case history
All 14 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.
Associated Brands with Favourite Plus Ceramic Private Limited
Favourite Plus Ceramic operates one associated brand: Favourite Tiles. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Favourite Tiles produces high-quality digital ceramic tiles using innovative printing technology for diverse industries. | favouritetiles.com |
Employees and EPFO Compliance at Favourite Plus Ceramic Private Limited
Favourite Plus Ceramic Private Limited has a workforce of 21 employees as of Apr 09, 2024.
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 Plus Ceramic Private Limited
Favourite Plus Ceramic Private Limited has 9 board changes on record since 2009: 4 appointments and 5 cessations. The latest: Manish Nanjibhai Aghara ceased to be Director on 05 Feb 2019.
15 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Favourite Plus Ceramic Private Limited
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 Plus Ceramic Private Limited
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 Plus Ceramic Private Limited
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 Plus Ceramic Private Limited
Favourite Plus Ceramic has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCF3813C1ZB | Gujarat | Active | 01 Jul 2017 |
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 Plus Ceramic Private Limited
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 Plus Ceramic Private Limited
Favourite Plus Ceramic is an active private limited company based in Sartanpar, Gujarat, India. The company works in ceramics, within the manufacturing industry. It was incorporated on 10 July 2009 (17+ years old) and is registered under CIN U26933GJ2009PTC057500.
Favourite Plus Ceramic reported revenue of ₹31.64 Cr for FY 2025 (down 20% YoY).
Favourite Plus Ceramic has 4 current directors:
- Praful Vashrambhai Kaila - Director
- Hiteshbhai Damjibhai Shirvi - Director
- Vijaykumar Becharbhai Patel - Director
- Becharbhai Odhavjibhai Rangpadia - Director
Favourite Plus Ceramic reported a net profit of ₹41.99 Lakh (net margin 1.3%) and EBITDA of ₹2.1 Cr (EBITDA margin 6.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Favourite Plus Ceramic is -1% over three years and -9% over five years. In the latest year (FY 2025) revenue fell 20%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Favourite Plus Ceramic is 24AABCF3813C1ZB, registered in Gujarat.
The CIN (Corporate Identification Number) of Favourite Plus Ceramic is U26933GJ2009PTC057500. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Favourite Plus Ceramic has 14 court cases on record: 8 filed by the company and 5 filed against it. 2 are pending. Most are in the district courts.
Favourite Plus Ceramic was incorporated on 10 July 2009, making it 17+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Favourite Plus Ceramic by revenue are Panini Granites Private Limited, Sirium Ceramic Private Limited, Fame Ceramic Private Limited, Coral Ceramic Private Limited, Spinora Tiles Private Limited and 5 more, all in the Manufacturing industry (Ceramics, Sanitaryware and Tiles).
Manish Nanjibhai Aghara ceased to be Director on 05 Feb 2019. Mahadevbhai Kunvarjibhai Dhoriyani ceased to be Director on 01 Feb 2012. Rajeshkumar Devjibhai Bavarva ceased to be Director on 01 Feb 2012. Favourite Plus Ceramic has 9 board changes on record in total.