Golf Ceramics Private Limited

Golf Ceramics Private Limited - manufacturing in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN U26933GJ2006PTC047898 Incorporated 07 March 2006 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Private Limited Company manufacturing MSME · Medium
Data last updated
Revenue · FY 2024
₹206.53 Cr
▲ 7% YoY
Net profit · FY 2024
₹12.33 Cr
Net margin 6%
EBITDA · FY 2024
₹26.12 Cr
EBITDA margin 12.6%
Authorised capital
₹20 Cr
Registered with MCA
Paid-up capital
₹8.94 Cr
Issued & subscribed
Open charges
₹62.94 Cr
Satisfied ₹23.3 Cr
Company age
20 yrs
Est. 2006
Employees · EPFO
300
Provident fund records

About Golf Ceramics Private Limited

Data last updated:

Golf Ceramics Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the sanitaryware and tile segment of the manufacturing sector. It was incorporated on 07 March 2006 and has been in existence for over 20 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U26933GJ2006PTC047898. Its GSTIN is 24AACCG5667J1ZE (Gujarat).

The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹8.94 Cr. It is led by directors including Ashish Sharadkumar Nemani (Managing Director) and Suman Sharad Nemani.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Block G 42/494 Shivam Apartment Nr. Vyaswadi Nava Wadaj, Ahmedabad, Gujarat, India – 380013.

As per the financials filed for FY 2024, the company reported a revenue of ₹206.53 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹12.33 Cr (net margin 6%) and EBITDA of ₹26.12 Cr (EBITDA margin 12.6%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 10% over five years.

The company has about 300 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Golf Ceramics. As per MCA filings, the company has open charges of ₹62.94 Cr and satisfied charges of ₹23.3 Cr on record. The company has 9 deals on record (6 secondary share transfers, 3 funding rounds), with disclosed funding of ₹15.94 Cr; the latest was in September 2019. Its 3 peer companies in the Manufacturing industry (Ceramics, Sanitaryware and Tiles), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities) are compared by revenue, 1 larger and 2 smaller; the largest is Global Surfaces Limited with revenue of ₹214.88 Cr. The company has 10 MSME Form 1 returns on record between 2019 and 2022, listing 1,568 overdue payments to 57 micro and small suppliers.

Golf Ceramics Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-14-0003794). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website golfceramics.in.

Company details

CIN U26933GJ2006PTC047898
Registration Number 047898
Incorporation Date 07 March 2006
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-14-0003794

CIN history

Golf Ceramics has one previous CIN (Corporate Identification Number): U26933GJ2006PLC047898. The current CIN is U26933GJ2006PTC047898, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U26933GJ2006PTC047898Current
U26933GJ2006PLC047898Previous
Key People
Ashish Sharadkumar Nemani Managing Director Suman Sharad Nemani Director Mukund Ashish Nemani Director

Recognitions & Rankings of Golf Ceramics

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-GJ-14-0003794

Contact details

Golf Ceramics Private Limited's registered office is in Ahmedabad, Gujarat. Its website is golfceramics.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    golfceramics.in
  • Registered Address
    Block G 42/494 Shivam Apartment Nr. Vyaswadi Nava Wadaj, Ahmedabad, Gujarat, India – 380013
  • Industry
    Manufacturing, Sanitaryware & Tile, Ceramics

To see the full contact details of Golf Ceramics Private Limited, buy the company report.

Comprehensive company report
Golf Ceramics 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

Golf Ceramics operates one associated brand: Golf Ceramics. Each brand links to its own profile.

BrandDescriptionWebsite
Golf Ceramics
Golf Ceramics manufactures and exports ceramics and sanitary ware to international markets.golfceramics.in

Business activity

The main business activity of Golf Ceramics is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC13Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities

To see the full business activity and turnover split of Golf Ceramics Private Limited, buy the company report.

Financials of Golf Ceramics Private Limited

FY 2024 filings available

Golf Ceramics Private Limited reported revenue of ₹206.53 Cr (up 7% YoY) for FY 2024.

Revenue · FY 2024
₹206.53 Cr ▲ 7%
Net profit · FY 2024
₹12.33 Cr margin 6%
EBITDA · FY 2024
₹26.12 Cr margin 12.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 7%
3 years · compounded
▲ 14%
5 years · compounded
▲ 10%
EBITDA CAGR growth
1 year
▲ 20%
3 years · compounded
▲ 22%
5 years · compounded
▲ 17%

Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 7% growth in the latest year. EBITDA rose 20% 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

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₹26.12 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹12.33 Cr
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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin12.6%
Net Profit Margin6%
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 Golf Ceramics Private Limited, buy the company report.

Board of directors of Golf Ceramics Private Limited

Golf Ceramics has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Ashish Sharadkumar Nemani
Also directs: Shreeyam Ceramics LLP, Race Polymer Arts LLP, Mandav Paper Packaging LLP and 3 more
Managing Director30 Mar 200620 Years 7 MonthsCurrent
Suman Sharad Nemani
Also directs: Nemani Stock Broking Private Limited, Bhupati Realty Ventures Private Limited, Prakriti Homes and Lifestyle Private Limited and 1 more
Director07 Mar 200620 Years 8 MonthsCurrent
Mukund Ashish Nemani
Also directs: Shreeyam Ceramics LLP, Race Polymer Arts LLP, Mandav Paper Packaging LLP
Director08 Mar 20197 Years 8 MonthsCurrent
View all directors

Peer comparison

Golf Ceramics 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 (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Global Surfaces Limited₹214.88 Cr (FY 2025)-6.0%Jaipur, Rajasthan, India
Golf Ceramics Private Limitedthis company₹206.53 Cr (FY 2024)₹12.33 Cr6%7.0%300Ahmedabad, Gujarat, India
Welsuit Glass and Ceramics Private Limited₹199.03 Cr (FY 2025)3.0%Vadodara, Gujarat, India
Adicon Ceramica Tiles Private Limited₹193.32 Cr (FY 2025)107.0%Morbi, Gujarat, India

To see the full peer comparison of Golf Ceramics Private Limited, buy the company report.

Auditor

Golf Ceramics Private Limited is audited by K. Solanki & Company for the financial year 2023.

Auditor firmFinancial yearFirm registration number
K. Solanki & CompanyFY 2023114694W

Shareholding

The shareholding of Golf Ceramics Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Golf Ceramics Private Limited, buy the company report.

Charges & borrowings

Open charges
₹62.94 Cr
Satisfied charges
₹23.3 Cr
Breakdown by lending institutions
Others₹62.94 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
27 Oct 200710075229Others₹31.47 CrOpen
26 Jul 200710063060Others₹31.47 CrOpen
10 Apr 2019100259350Others₹11.6 CrSatisfied
14 Oct 201110315670Union Bank of India₹1 CrSatisfied
01 Oct 201010246685The Federal Bank Ltd₹3.8 LakhSatisfied

To see the full charge records of Golf Ceramics Private Limited, buy the company report.

Total charge records: 6 View all charges

Deals & funding

Golf Ceramics Private Limited has 9 deals on record (6 secondary share transfers, 3 funding rounds), with disclosed funding of ₹15.94 Cr; the latest was in September 2019.

Total deals
9
Secondary share transfers
6
Funding rounds
3
Disclosed funding
₹15.94 Cr

Deals on record (5 of 9)

WhenDealAmountParties
Sep 2019Secondary share transferUndisclosedBuyer: 2 individuals
Seller: an individual
Sep 2015Secondary share transferUndisclosedBuyer: Ashish Nemani HUF, an individual
Seller: 2 individuals
Apr 2013Secondary share transferUndisclosedBuyer: 2 individuals
Seller: 2 individuals
May 2011Secondary share transferUndisclosedBuyer: an individual
Seller: Sanjari Educational Private Limited , Kamldeep Traders Private Limited
Sep 2009Secondary share transferUndisclosedBuyer: 2 individuals
Seller: Kamldeep Traders Private Limited, Zenith Medicine Private Limited

To see the full deal history of Golf Ceramics Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Golf Ceramics Private Limited has 10 MSME Form 1 returns on record between 2019 and 2022, listing 1,568 overdue payments to 57 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 57)

SupplierAmount dueDue sinceReported on
an individual supplier
an individual supplier
an individual supplier
Gita Ceramics
Amrapali China Clay Mining Dev.Corpo.

To see the full MSME payment records of Golf Ceramics Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Golf Ceramics Private Limited has a workforce of 300 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.

Employee count
300
Active EPFO establishments
1
Employee growth
14.07%

GST

Golf Ceramics has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AACCG5667J1ZEGujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Golf Ceramics Private Limited, buy the company report.

Recent activity

Golf Ceramics Private Limited has 10 board changes on record since 2006: 4 appointments and 6 cessations. The latest: Babu Lal Sankhla was appointed as CFO on 01 Jun 2023.

Charges
A charge with Others of Rs. 31.47 Cr registered on 27 Oct 2007 with Charge ID 10075229 was modified on 12 May 2025.
Charges
A charge with Others of Rs. 31.47 Cr registered on 26 Jul 2007 with Charge ID 10063060 was modified on 08 May 2025.
AGM
Golf Ceramics Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Golf Ceramics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Appointed
Babu Lal Sankhla was appointed as CFO.
Charges
A charge registered on 14 Oct 2011 via Charge ID 10315670 with Union Bank Of India was fully satisfied on 30 Nov 2022.
Charges
A charge registered on 28 Mar 2007 via Charge ID 10045825 with Union Bank Of India Limited was fully satisfied on 30 Nov 2022.
Charges
A charge registered on 01 Oct 2010 via Charge ID 10246685 with The Federal Bank Ltd was fully satisfied on 13 Jul 2022.
Ceased
Rashmi Kamlesh Otavani ceased to be Additional Director.
Charges
A charge registered on 10 Apr 2019 via Charge ID 100259350 with Others was fully satisfied on 01 Mar 2021.
Ceased
Mukund Ashish Nemani ceased to be Additional Director.
Charges
A charge with Others amounted to Rs. 11.60 Cr with Charge ID 100259350 was registered on 10 Apr 2019.

14 earlier events are in the company report.

Frequently asked questions

Golf Ceramics is an active private limited company based in Ahmedabad, Gujarat, India. The company works in sanitaryware and tile, within the manufacturing industry. It was incorporated on 07 March 2006 (20+ years old) and is registered under CIN U26933GJ2006PTC047898.

Golf Ceramics has 3 current directors:

The latest financial statements of Golf Ceramics on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Golf Ceramics is 24AACCG5667J1ZE, registered in Gujarat.

The CIN (Corporate Identification Number) of Golf Ceramics is U26933GJ2006PTC047898. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Golf Ceramics was incorporated on 07 March 2006, making it 20+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Golf Ceramics has 9 deals on record (6 secondary share transfers, 3 funding rounds), with disclosed funding of ₹15.94 Cr; the latest was in September 2019.

The peers of Golf Ceramics by revenue are Global Surfaces Limited, Welsuit Glass and Ceramics Private Limited, Adicon Ceramica Tiles Private Limited, all in the Manufacturing industry (Ceramics, Sanitaryware and Tiles), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities).

Babu Lal Sankhla was appointed as CFO on 01 Jun 2023. Rashmi Kamlesh Otavani ceased to be Additional Director on 30 Nov 2021. Mukund Ashish Nemani ceased to be Additional Director on 30 Sep 2019. Golf Ceramics has 10 board changes on record in total.

Yes, Golf Ceramics is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-14-0003794).

Golf Ceramics has 10 MSME Form 1 returns on record between 2019 and 2022, listing 1,568 overdue payments to 57 micro and small suppliers. The latest return was filed on 01 Sep 2022.

Golf Ceramics can be reached through the website golfceramics.in. Its registered office is in Ahmedabad, Gujarat, India.