MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-32-0000100
Freedom Ceramic Private Limited - manufacturing in Morbi, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹31.31 Cr
▼ 17% YoY
Net profit · FY 2025
₹20.95 Lakh
Net margin 0.7%
EBITDA · FY 2025
₹1.59 Cr
EBITDA margin 5.1%
Authorised capital
₹6.5 Cr
Registered with MCA
Paid-up capital
₹6.5 Cr
Issued & subscribed
Open charges
₹10 Cr
Secured borrowings
Company age
9 yrs
Est. 2017
Employees · EPFO
16
Provident fund records
About Freedom Ceramic Private Limited
Data last updated:
Freedom Ceramic Private Limited is a private limited company based in Morbi, Gujarat, India. It operates in the ceramics, sanitaryware and tile segment of the manufacturing sector. It was incorporated on 21 March 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U26990GJ2017PTC096413. Its GSTIN is 24AADCF0461G1Z3 (Gujarat).
The company has an authorised share capital of ₹6.5 Cr and a paid-up capital of ₹6.5 Cr. It is led by directors including Hasmukh Karshan Bhoraniya and Bharatbhai Bhagavanjibhai Bhoraniya.
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. 166/2 P 1 Village Dhuva Tal. Wankaner, Morbi, Gujarat, India – 363622.
As per the financials filed for FY 2025, the company reported a revenue of ₹31.31 Cr, a decline of 17% compared to the previous year. For the same year it recorded a net profit of ₹20.95 Lakh (net margin 0.7%) and EBITDA of ₹1.59 Cr (EBITDA margin 5.1%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years and 2% over five years.
The company has about 16 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Freedom Ceramic. As per MCA filings, the company has open charges of ₹10 Cr on record. Court records list 4 cases involving the company, including 4 filed by the company; 3 cases are pending. The company has 1 deal on record (1 rights issue); the latest was in October 2017. Its 3 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, 2 larger and 1 smaller; the largest is Favourite Plus Ceramic Private Limited with revenue of ₹31.64 Cr.
Freedom Ceramic Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-32-0000100). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website freedomceramic.com.
Company details
CIN U26990GJ2017PTC096413
Registration Number 096413
Incorporation Date 21 March 2017
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-32-0000100
Key People
Hasmukh Karshan Bhoraniya Director Bharatbhai Bhagavanjibhai Bhoraniya Director Jagdishbhai Laljibhai Merja Director Recognitions & Rankings of Freedom Ceramic
Contact details
Freedom Ceramic Private Limited's registered office is in Morbi, Gujarat. Its website is freedomceramic.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSurvey No. 166/2 P 1 Village Dhuva Tal. Wankaner, Morbi, Gujarat, India – 363622
- IndustryManufacturing, Ceramics, Sanitaryware & Tile
To see the full contact details of Freedom Ceramic Private Limited, buy the company report.
Comprehensive company report
Freedom Ceramic 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
Freedom Ceramic operates one associated brand: Freedom Ceramic. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Produces porcelain and vitrified tiles for homes, offices, and commercial spaces. | freedomceramic.com |
Business activity
The main business activity of Freedom Ceramic 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 Freedom Ceramic Private Limited, buy the company report.
Financials of Freedom Ceramic Private Limited
FY 2025 filings availableFreedom Ceramic Private Limited reported revenue of ₹31.31 Cr (down 17% YoY) for FY 2025.
Revenue · FY 2025
₹31.31 Cr ▼ 17%
Net profit · FY 2025
₹20.95 Lakh margin 0.7%
EBITDA · FY 2025
₹1.59 Cr margin 5.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 17%
3 years · compounded
▼ 3%
5 years · compounded
▼ 2%
EBITDA CAGR growth
1 year
▼ 31%
3 years · compounded
▼ 15%
5 years · compounded
▼ 15%
Revenue has declined at a compounded annual rate (CAGR) of 2% over five years, including a 17% fall in the latest year. EBITDA fell 31% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | ₹1.59 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹20.95 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.1% | ||||
| Net Profit Margin | 0.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Freedom Ceramic Private Limited, buy the company report.
Board of directors of Freedom Ceramic Private Limited
Freedom Ceramic has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hasmukh Karshan Bhoraniya Also directs: Swiss Ceramic Private Limited | Director | 21 Mar 2017 | 9 Years 7 Months | Current |
| Bharatbhai Bhagavanjibhai Bhoraniya Also directs: Liberta Vitrified LLP | Director | 21 Mar 2017 | 9 Years 7 Months | Current |
| Jagdishbhai Laljibhai Merja | Director | 21 Mar 2017 | 9 Years 7 Months | Current |
Peer comparison
Freedom Ceramic Private Limited is compared with the 3 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 |
|---|---|---|---|---|---|---|
| Favourite Plus Ceramic Private Limited | ₹31.64 Cr (FY 2025) | -20.0% | Sartanpar, Gujarat, India | |||
| Axoli Tiles Private Limited | ₹31.62 Cr (FY 2025) | -43.0% | Jasmatgadh, Gujarat, India | |||
| Freedom Ceramic Private Limitedthis company | ₹31.31 Cr (FY 2025) | ₹20.95 Lakh | 0.7% | -17.0% | 16 | Morbi, Gujarat, India |
| Enzo Ceramic Private Limited | ₹30.61 Cr (FY 2025) | 4.0% | Sartanpar, Gujarat, India |
To see the full peer comparison of Freedom Ceramic Private Limited, buy the company report.
Auditor
Freedom Ceramic Private Limited is audited by S PATEL & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S PATEL & ASSOCIATES | FY 2023 | 141564W |
Shareholding
The shareholding of Freedom Ceramic Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Freedom Ceramic Private Limited, buy the company report.
Charges & borrowings
Open charges
₹10 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Jul 2017 | 100145097 | Indian Bank | ₹10 Cr | Open |
To see the full charge records of Freedom Ceramic Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Freedom Ceramic Private Limited has 1 deal on record (1 rights issue); the latest was in October 2017.
Total deals
1
Rights issue
1
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2017 | Rights issue | ₹6.49 Cr | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Freedom Ceramic Private Limited has 4 court cases on record: 4 filed by Freedom Ceramic. 3 cases are pending and 1 is disposed.
Total cases
4
Filed by the company
4
Pending
3
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 3 |
| High courts | 1 | 0 | 0 |
Cases on record (3 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, MORBI, Gujarat | Criminal complaint | Filed by the company against Prachi Ajay Brahmkshatriya - Exito Overseas and 1 other | Pending |
| District court, MORBI, Gujarat | Criminal complaint | Filed by the company against an individual | Pending |
| High Court of Gujarat | Special civil application | Filed by the company against State of Gujarat | Disposed |
To see the full case history of Freedom Ceramic 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Freedom Ceramic Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Freedom Ceramic Private Limited has a workforce of 16 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
Employee count
16
Active EPFO establishments
1
Employee growth
-11.11%
GST
Freedom Ceramic has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCF0461G1Z3 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Freedom Ceramic Private Limited, buy the company report.
Recent activity
Freedom Ceramic Private Limited has 3 board changes on record since 2017: 3 appointments. The latest: Bharatbhai Bhagavanjibhai Bhoraniya was appointed as Director on 21 Mar 2017.
AGM
Freedom Ceramic Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Freedom Ceramic Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Indian Bank of Rs. 10.00 Cr registered on 28 Jul 2017 with Charge ID 100145097 was modified on 29 Dec 2023.
Charges
A charge with Indian Bank amounted to Rs. 10.00 Cr with Charge ID 100145097 was registered on 28 Jul 2017.
Appointed
Bharatbhai Bhagavanjibhai Bhoraniya was appointed as Director.
Appointed
Hasmukh Karshan Bhoraniya was appointed as Director.
Appointed
Jagdishbhai Laljibhai Merja was appointed as Director.
Incorporation
21 Mar 2017
Freedom Ceramic Private Limited was registered on 21 Mar 2017 with Roc Ahmedabad & aged 9 years 7 months as per MCA records.
Frequently asked questions
Freedom Ceramic is an active private limited company based in Morbi, Gujarat, India. The company works in ceramics, sanitaryware and tile, within the manufacturing industry. It was incorporated on 21 March 2017 (9+ years old) and is registered under CIN U26990GJ2017PTC096413.
Freedom Ceramic has 3 current directors:
- Hasmukh Karshan Bhoraniya - Director
- Bharatbhai Bhagavanjibhai Bhoraniya - Director
- Jagdishbhai Laljibhai Merja - Director
The latest financial statements of Freedom Ceramic on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Freedom Ceramic is 24AADCF0461G1Z3, registered in Gujarat.
The CIN (Corporate Identification Number) of Freedom Ceramic is U26990GJ2017PTC096413. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Freedom Ceramic has 4 court cases on record: 4 filed by the company. 3 are pending. Most are in the district courts.
Freedom Ceramic was incorporated on 21 March 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Freedom Ceramic has 1 deal on record (1 rights issue); the latest was in October 2017.
The peers of Freedom Ceramic by revenue are Favourite Plus Ceramic Private Limited, Axoli Tiles Private Limited, Enzo Ceramic 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).
Bharatbhai Bhagavanjibhai Bhoraniya was appointed as Director on 21 Mar 2017. Hasmukh Karshan Bhoraniya was appointed as Director on 21 Mar 2017. Jagdishbhai Laljibhai Merja was appointed as Director on 21 Mar 2017.
Yes, Freedom Ceramic is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-32-0000100).