
Glatt Ceramics Private Limited
About Glatt Ceramics Private Limited
Data last updated:
Glatt Ceramics Private Limited is a private limited company based in Morbi, Gujarat, India, a subsidiary of Sarvada Foundation Consultants Pvt Ltd. It operates in the wholesale trading and distribution segment of the trading and commerce sector. It was incorporated on 21 January 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72100GJ2011PTC149887. Its GSTIN is 24AAECG9737B1ZQ (Gujarat).
The company has an authorised share capital of ₹13.5 Lakh and a paid-up capital of ₹13.49 Lakh. It was formerly known as Gungun Computers Private Limited. It is led by directors Bhavesh Dineshbhai Chikhaliya and Maheshkumar Prabhulal Vithalapra.
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 Shop No. 30 Ground Floor Shree Hari Commercial Complex Ayodhyaypuri Main Road, Morbi, Gujarat, India – 363641.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.63 Cr, a growth of 64% compared to the previous year. For the same year it recorded a net profit of ₹73.38 Lakh (net margin 13%) and EBITDA of ₹98.06 Lakh (EBITDA margin 17.4%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 123% over five years.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
CIN history
Glatt Ceramics has one previous CIN (Corporate Identification Number): U72100WB2011PTC157750. The current CIN is U72100GJ2011PTC149887, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72100GJ2011PTC149887 | Current |
| U72100WB2011PTC157750 | Previous |
Contact details
Glatt Ceramics Private Limited's registered office is in Morbi, Gujarat. Its e-mail address is in the company report.
- Email
- Registered AddressShop No. 30 Ground Floor Shree Hari Commercial Complex Ayodhyaypuri Main Road, Morbi, Gujarat, India – 363641
- IndustryTrading, Wholesale, Other Wholesale
To see the full contact details of Glatt Ceramics Private 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
Business activity
The main business activity of Glatt Ceramics is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Glatt Ceramics Private Limited, buy the company report.
Financials of Glatt Ceramics Private Limited
FY 2025 filings availableGlatt Ceramics Private Limited reported revenue of ₹5.63 Cr (up 64% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 123% over five years, including 64% growth in the latest year. EBITDA rose 36% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹98.06 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹73.38 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 17.4% | ||||
| Net Profit Margin | 13% | ||||
| 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 Glatt Ceramics Private Limited, buy the company report.
Board of directors of Glatt Ceramics Private Limited
Glatt Ceramics has 2 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhavesh Dineshbhai Chikhaliya | Director | 24 Feb 2021 | 5 Years 8 Months | Current |
| Maheshkumar Prabhulal Vithalapra | Director | 21 Sep 2017 | 9 Years 1 Months | Current |
Peer comparison
Glatt Ceramics Private Limited is compared with the 3 companies closest to it by revenue in the Metals and Minerals industry (Construction Materials Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hekur Contractors Private Limited | ₹5.65 Cr (FY 2025) | -6.0% | Vyttilla, Kerala, India | |||
| Glatt Ceramics Private Limitedthis company | ₹5.63 Cr (FY 2024) | ₹73.38 Lakh | 13% | 64.0% | Morbi, Gujarat, India | |
| RMK Ceramics Private Limited | ₹5.63 Cr (FY 2025) | 29.0% | Bathinda, Punjab, India | |||
| Saktidata Vanijya Private Limited | ₹5.62 Cr (FY 2025) | -67.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Glatt Ceramics Private Limited, buy the company report.
Auditor
Glatt Ceramics Private Limited is audited by NISHA BAJORIA for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NISHA BAJORIA | FY 2017 | 305734 |
Shareholding
The shareholding of Glatt Ceramics Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Glatt Ceramics Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Glatt Ceramics Private 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 Glatt Ceramics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Glatt Ceramics has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECG9737B1ZQ | Gujarat | Active | 05 Dec 2019 |
To see the full GST registrations and return filing status of Glatt Ceramics Private Limited, buy the company report.
Recent activity
Glatt Ceramics Private Limited has 14 board changes on record since 2011: 2 appointments and 12 cessations. The latest: Avinash Bagri ceased to be Director on 24 Feb 2021.
5 earlier events are in the company report.
Frequently asked questions
Glatt Ceramics is an active private limited company based in Morbi, Gujarat, India. The company works in wholesale, within the trading industry. It was incorporated on 21 January 2011 (15+ years old) and is registered under CIN U72100GJ2011PTC149887.
Glatt Ceramics has 2 current directors:
- Bhavesh Dineshbhai Chikhaliya - Director
- Maheshkumar Prabhulal Vithalapra - Director
The latest financial statements of Glatt Ceramics 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 2015 are in the company report.
The GSTIN of Glatt Ceramics is 24AAECG9737B1ZQ, registered in Gujarat.
The CIN (Corporate Identification Number) of Glatt Ceramics is U72100GJ2011PTC149887. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Glatt Ceramics was incorporated on 21 January 2011, making it 15+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Glatt Ceramics by revenue are Hekur Contractors Private Limited, RMK Ceramics Private Limited, Saktidata Vanijya Private Limited, all in the Metals and Minerals industry (Construction Materials Retail and Distribution), with the same principal business activity (wholesale trading).
Avinash Bagri ceased to be Director on 24 Feb 2021. Bhavesh Dineshbhai Chikhaliya was appointed as Director on 24 Feb 2021. Maheshkumar Prabhulal Vithalapra was appointed as Director on 21 Sep 2017. Glatt Ceramics has 14 board changes on record in total.
The registered office of Glatt Ceramics is at Shop No. 30 Ground Floor Shree Hari Commercial Complex Ayodhyaypuri Main Road, Morbi, Gujarat, India – 363641.
Glatt Ceramics operates in the trading industry, in the wholesale segment.
The compliance status of Glatt Ceramics is active non-compliant as of 08 August 2026. The company is actively filing with the Registrar of Companies.

