Glory Ceramic Private Limited

Glory Ceramic Private Limited - manufacturing in Rajkot, Gujarat, India. Directors, charges & compliance details.
CIN U26919GJ2000PTC038849 Incorporated 24 October 2000 ROC Ahmedabad HQ Rajkot, Gujarat, India
Converted to LLP Private Limited Company manufacturing
Data last updated
Revenue · FY 2024
₹60.3 Lakh
▼ 81% YoY
Net loss · FY 2024
₹84.51 Lakh
Net margin -140.1%
EBITDA · FY 2024
-₹46.46 Lakh
EBITDA margin -77%
Authorised capital
₹5.05 Cr
Registered with MCA
Paid-up capital
₹2.82 Cr
Issued & subscribed
Satisfied charges
₹11.82 Cr
No open charges
Company age
26 yrs
Est. 2000
Directors on board
4
As per MCA filings

About Glory Ceramic Private Limited

Data last updated:

Glory Ceramic Private Limited was a private limited company based in Rajkot, Gujarat, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the sanitaryware and tile segment of the manufacturing sector. It was incorporated on 24 October 2000.

The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U26919GJ2000PTC038849. The company has 1 GST registration on record, which is no longer active.

The company had an authorised share capital of ₹5.05 Cr and a paid-up capital of ₹2.82 Cr. It was formerly known as Glory Ceramic Limited. It was led by directors including Viral Bhupatray Chandibhamar and Girish Madhavjibhai Suvariya.

Its last annual general meeting (AGM) was held on 20 July 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at 8 – A National Highway At Lalpar Tal Morbi, Rajkot, Gujarat, India – 363642.

As per the financials filed for FY 2024, the company reported a revenue of ₹60.3 Lakh, a decline of 81% compared to the previous year. For the same year it recorded a net loss of ₹84.51 Lakh (net margin -140.1%) and EBITDA of -₹46.46 Lakh (EBITDA margin -77%). Revenue has declined at a compounded annual rate (CAGR) of 72% over three years and 53% over five years.

The company is associated with 1 brand: Glory Ceramic. As per MCA filings, the company has satisfied charges of ₹11.82 Cr on record. Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it; 2 cases are pending.

The last known website on record is gloryceramic.com.

Company Details of Glory Ceramic Private Limited
CIN U26919GJ2000PTC038849
Registration Number 038849
Incorporation Date 24 October 2000
ROC Ahmedabad
Listing Status Unlisted
Company Status Converted to LLP
Date of Last AGM 20 July 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
    Locked
  • Registered Address
    8 – A National Highway At Lalpar Tal Morbi, Rajkot, Gujarat, India – 363642
  • Industry
    Manufacturing, Sanitaryware & Tile, Ceramics
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Financials, compliance, directors, charges, ownership and filings for Glory Ceramic Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Financials of Glory Ceramic Private Limited FY 2024 filings available

Glory Ceramic Private Limited reported revenue of ₹60.3 Lakh (down 81% YoY) for FY 2024.

Revenue · FY 2024
₹60.3 Lakh ▼ 81%
Net loss · FY 2024
₹84.51 Lakh margin -140.1%
EBITDA · FY 2024
-₹46.46 Lakh margin -77%

Compounded Annual Growth Rate (CAGR) of Glory Ceramic Private Limited

Revenue CAGR growth
1 year
▼ 81%
3 years · compounded
▼ 72%
5 years · compounded
▼ 53%
EBITDA CAGR growth
1 year
▲ 83%
3 years · compounded
▼ 33%
5 years · compounded
▼ 18%

Revenue has declined at a compounded annual rate (CAGR) of 53% over five years, including a 81% fall in the latest year. EBITDA rose 83% 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 Glory Ceramic Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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-₹46.46 Lakh••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)-₹84.51 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 of Glory Ceramic Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin-77%••••••••••••••••
Net Profit Margin-140.1%••••••••••••••••
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 Glory Ceramic are in the company report.

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Financial statements from 2015

Earlier years and trend charts are in the company report.

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Peer Comparison of Glory Ceramic Private Limited

Glory 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Newar Carbon and Ceramics Private Limited••••••••••••••••-New Delhi, Delhi, India
Touchstone Granites Private Limited••••••••••••••••-Belgaum, Karnataka, India
Bhagwati Marbles Private Limited••••••••••••••••-Rajsamand, Rajasthan, India
Graphic Marble Private Limited••••••••••••••••-Alwar, Rajasthan, India
Silawat Marbles Private Limited••••••••••••••••-Rajnagar, Rajasthan, India
Glory Ceramic Private Limited this company••••••••••••••••-Rajkot, Gujarat, India
Deepmala Stone House Private Limited••••••••••••••••-Madanganj Kishangarh, Rajasthan, India
Fortcity Granite Private Limited••••••••••••••••-Chittorgarh, Rajasthan, India
BBG Industries Limited••••••••••••••••-Ahmedabad, Gujarat, India
Rupam Granite and Marbles Private Limited••••••••••••••••-Chittorgarh, Rajasthan, India
Euro Denim Limited••••••••••••••••-Lalru, Punjab, India

Peers are the five companies nearest above and the five nearest below Glory 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 Glory Ceramic Private Limited

Glory Ceramic Private Limited is audited by K. R. MEHTA & ASSOCIATES for the financial year 2023.

NameStatusAppointment DateCessation Date
K. R. MEHTA & ASSOCIATESLockedLockedLocked
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Board of Directors of Glory Ceramic Private Limited

Glory Ceramic has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Viral Bhupatray ChandibhamarDirector01 Dec 200520 Years 10 MonthsAs last reported
Girish Madhavjibhai SuvariyaDirector01 Dec 200520 Years 10 MonthsAs last reported
Manojkumar Madhavjibhai SuvariyaDirector25 Nov 20169 Years 10 MonthsAs last reported
Chandulal Dayalji ChandibhamarDirector24 Oct 200025 Years 11 MonthsAs last reported

Ownership and Shareholding of Glory Ceramic Private Limited

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Charges & Borrowings of Glory Ceramic Private Limited

Open charges
None
Satisfied charges
₹11.82 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹11.82 Cr
Latest charge details
DateLenderAmountStatus
09 Nov 2022Hdfc Bank Limited₹1.5 LakhSatisfied
19 Feb 2010Hdfc Bank Limited₹5.9 CrSatisfied
17 Feb 2010Hdfc Bank Limited₹5.9 CrSatisfied

Total charge records: 3 View all charges

Associated Brands with Glory Ceramic Private Limited

Glory Ceramic operates one associated brand: Glory Ceramic. Each brand links to its own profile.

BrandDescriptionWebsite
Manufactures ceramic and porcelain tiles for building applications in India.gloryceramic.com

Employees and EPFO Compliance at Glory Ceramic Private Limited

Employment history and EPFO contributions of people linked to Glory Ceramic.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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CIN History of Glory Ceramic Private Limited

Glory Ceramic has one previous CIN (Corporate Identification Number): U26919GJ2000PLC038849. The current CIN is U26919GJ2000PTC038849, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U26919GJ2000PTC038849Current
U26919GJ2000PLC038849Previous

Recent Activity on Glory Ceramic Private Limited

Glory Ceramic Private Limited has 14 board changes on record since 2000: 9 appointments and 5 cessations. The latest: Manojkumar Madhavjibhai Suvariya was appointed as Director on 25 Nov 2016.

AGM
Glory Ceramic Private Limited last Annual general meeting of members was held on 20 Jul 2024 as per latest MCA records.
Filing
Glory Ceramic Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge registered on 09 Nov 2022 via Charge ID 100641818 with Hdfc Bank Limited was fully satisfied on 21 Jul 2023.
Charges
A charge registered on 19 Feb 2010 via Charge ID 10208288 with Hdfc Bank Limited was fully satisfied on 21 Jul 2023.
Charges
A charge registered on 17 Feb 2010 via Charge ID 10205440 with Hdfc Bank Limited was fully satisfied on 21 Jul 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.02 Cr with Charge ID 100641818 was registered on 09 Nov 2022.
Charges
A charge with Hdfc Bank Limited of Rs. 5.90 Cr registered on 19 Feb 2010 with Charge ID 10208288 was modified on 04 Apr 2022.
Charges
A charge with Hdfc Bank Limited of Rs. 5.90 Cr registered on 17 Feb 2010 with Charge ID 10205440 was modified on 19 Feb 2022.
Appointed
Manojkumar Madhavjibhai Suvariya was appointed as Director.
Ceased
Jitendrabhai Devjibhai Kaila ceased to be Whole-Time Director.
Ceased
Shaileshkumar Devjibhai Kaila ceased to be Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 5.90 Cr with Charge ID 10208288 was registered on 19 Feb 2010.

13 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Glory Ceramic Private Limited

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MSME Payment Delays by Glory Ceramic Private Limited

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Subsidiaries & Group Companies of Glory Ceramic Private Limited

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Corporate group structure

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GST Compliance of Glory Ceramic Private Limited

Glory Ceramic has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1
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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of Glory Ceramic Private Limited

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Frequently Asked Questions about Glory Ceramic Private Limited

Glory Ceramic has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.

Glory Ceramic was a private limited company based in Rajkot, Gujarat, India. The company worked in sanitaryware and tile, within the manufacturing industry. It was incorporated on 24 October 2000 and is registered under CIN U26919GJ2000PTC038849. For the latest details, refer to the successor LLP entity.

The CIN (Corporate Identification Number) of Glory Ceramic is U26919GJ2000PTC038849. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Glory Ceramic was incorporated on 24 October 2000. It is registered with the Registrar of Companies, Ahmedabad.

Glory Ceramic can be reached through the website gloryceramic.com. Its registered office is in Rajkot, Gujarat, India.

The registered office of Glory Ceramic is at 8 – A National Highway At Lalpar Tal Morbi, Rajkot, Gujarat, India – 363642.

Glory Ceramic reported revenue of ₹60.3 Lakh for FY 2024 (down 81% YoY).

Glory Ceramic has an authorised share capital of ₹5.05 Cr and a paid-up capital of ₹2.82 Cr.

Glory Ceramic reported a net loss of ₹84.51 Lakh (net margin -140.1%) and EBITDA of -₹46.46 Lakh (EBITDA margin -77%) for FY 2024, as per its filed financial statements.

No. Glory Ceramic has 1 GST registration on record and it is cancelled or inactive.

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