Gravity Ceramic Private Limited

Gravity Ceramic Private Limited - manufacturing in Morbi, Gujarat, India. FY 2026 financials & compliance.
CIN U26933GJ2010PTC063128 Incorporated 03 December 2010 ROC Ahmedabad HQ Morbi, Gujarat, India
Active Private Limited Company manufacturing MSME · Small
Data last updated
Revenue · FY 2025
₹98.44 Lakh
▼ 73% YoY
Net profit · FY 2025
₹5.33 Lakh
Net margin 5.4%
EBITDA · FY 2025
₹93.77 Lakh
EBITDA margin 95.3%
Authorised capital
₹1.5 Cr
Registered with MCA
Paid-up capital
₹1.39 Cr
Issued & subscribed
Open charges
₹10.64 Cr
Satisfied ₹11.97 Cr
Company age
16 yrs
Est. 2010
Employees · EPFO
14
Provident fund records

About Gravity Ceramic Private Limited

Data last updated:

Gravity Ceramic Private Limited is a private limited company based in Morbi, Gujarat, India. It operates in the sanitaryware and tile segment of the manufacturing sector. It was incorporated on 03 December 2010 and has been in existence for over 16 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U26933GJ2010PTC063128. Its GSTIN is 24AAECG0342E1Z9 (Gujarat).

The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.39 Cr. It is led by directors including Pradipkumar Harkhajibhai Kavathiya and Ankurbhai Keshavjibhai Jetpariya.

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 Survey No. 286 Rangpar (Bela) Village Morbi Jetpar Road Post. Rangpar Tal. Mo, Rbi, Gujarat, India – 363642.

As per the financials filed for FY 2025, the company reported a revenue of ₹98.44 Lakh, a decline of 73% compared to the previous year. For the same year it recorded a net profit of ₹5.33 Lakh (net margin 5.4%) and EBITDA of ₹93.77 Lakh (EBITDA margin 95.3%). Revenue has declined at a compounded annual rate (CAGR) of 61% over three years and 48% over five years.

The company has about 14 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Gravityceramic. As per MCA filings, the company has open charges of ₹10.64 Cr and satisfied charges of ₹11.97 Cr on record. Court records list 13 cases involving the company, including 9 filed by the company and 4 filed against it; 3 cases are pending.

Gravity Ceramic Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-32-0004880). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gravityceramic.com.

Company Details of Gravity Ceramic Private Limited
CIN U26933GJ2010PTC063128
Registration Number 063128
Incorporation Date 03 December 2010
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 Small
Udyam Registration UDYAM-GJ-32-0004880
Key People
Pradipkumar Harkhajibhai Kavathiya Director Ankurbhai Keshavjibhai Jetpariya Director Durlabhajibhai Nanjibhai Vidja Director

Recognitions & Rankings of Gravity Ceramic

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-GJ-32-0004880
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    gravityceramic.com
  • Social Media
    Locked
  • Registered Address
    Survey No. 286 Rangpar (Bela) Village Morbi Jetpar Road Post. Rangpar Tal. Mo, Rbi, Gujarat, India – 363642
  • Industry
    Manufacturing, Sanitaryware & Tile, Ceramics
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Financials, compliance, directors, charges, ownership and filings for Gravity Ceramic Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Associated Brands with Gravity Ceramic Private Limited

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

BrandDescriptionWebsite
Gravityceramic
Manufacturer of high-quality ceramic and vitrified tiles for various applications.gravityceramic.com

Business Activity of Gravity Ceramic Private Limited

The main business activity of Gravity Ceramic is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
CManufacturingC8Plastic products, non-metallic mineral products, rubber products, fabricated metal productsLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

  • Turnover contribution
  • Historical classifications
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Financials of Gravity Ceramic Private Limited FY 2024 filings available

Gravity Ceramic Private Limited reported revenue of ₹98.44 Lakh (down 73% YoY) for FY 2025.

Revenue · FY 2025
₹98.44 Lakh ▼ 73%
Net profit · FY 2025
₹5.33 Lakh margin 5.4%
EBITDA · FY 2025
₹93.77 Lakh margin 95.3%

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

Revenue CAGR growth
1 year
▼ 73%
3 years · compounded
▼ 61%
5 years · compounded
▼ 48%
EBITDA CAGR growth
1 year
▲ 170%
3 years · compounded
▲ 13%
5 years · compounded
▼ 20%

Revenue has declined at a compounded annual rate (CAGR) of 48% over five years, including a 73% fall in the latest year. EBITDA rose 170% 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 Gravity Ceramic Private Limited

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹93.77 Lakh••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹5.33 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 Gravity Ceramic Private Limited

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin95.3%••••••••••••••••
Net Profit Margin5.4%••••••••••••••••
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 Gravity Ceramic are in the company report.

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Financial statements from 2015

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Board of Directors of Gravity Ceramic Private Limited

Gravity Ceramic has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Pradipkumar Harkhajibhai Kavathiya
Also directs: Gravity Flavours LLP, Growleaf Biotech Private Limited, Suntop Ceramic Private Limited and 1 more
Director03 Dec 201015 Years 10 MonthsCurrent
Ankurbhai Keshavjibhai JetpariyaDirector18 Nov 20178 Years 11 MonthsCurrent
Durlabhajibhai Nanjibhai VidjaDirector18 Nov 20178 Years 11 MonthsCurrent
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Peer Comparison of Gravity Ceramic Private Limited

Gravity Ceramic Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Ceramics, Sanitaryware and Tiles). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Nitco Tiles and Marble Industries(Andhra) Pvt Ltd₹1.01 Cr (FY 2024)••••••••9.0%••••Telangana, India
Datta Avenues Private Limited₹99.82 Lakh (FY 2025)••••••••5.0%••••Eluru, Andhra Pradesh, India
Square Acrylic Products Private Limited₹99.59 Lakh (FY 2025)••••••••89.0%••••Ahmedabad, Gujarat, India
Harkishan Marbles Private Limited₹99.23 Lakh (FY 2025)••••••••128.0%••••Chikhla, Gujarat, India
Suraj Tiles and Infraestate Private Limited₹98.77 Lakh (FY 2025)••••••••-51.0%••••Balaghat, M.P, Madhya Pradesh, India
Gravity Ceramic Private Limited this company₹98.44 Lakh (FY 2025)••••••••-73.0%••••Morbi, Gujarat, India
Omega Marble Private Limited₹98.17 Lakh (FY 2025)••••••••92.0%••••Mumbai, Maharashtra, India
Arawali Marmo Private Limited₹98 Lakh (FY 2025)••••••••3.0%••••Rajasthan, India
Anchor Ceramic Tiles Private Limited₹97.93 Lakh (FY 2025)••••••••7.0%••••Nagpur, Maharashtra, India
D.S. Jain Foods Private Limited₹97.72 Lakh (FY 2025)••••••••-14.0%••••Chittorgarh, Rajasthan, India
Sarvottam Granites Pvt. Ltd.₹97.27 Lakh (FY 2025)••••••••23.0%••••Rajasthan, India

Peers are the five companies nearest above and the five nearest below Gravity Ceramic by revenue in the Manufacturing industry (Ceramics, Sanitaryware and Tiles), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Auditor Details of Gravity Ceramic Private Limited

Gravity Ceramic Private Limited is audited by PRAGNESH SACHDEV & ASSOCIATES for the financial year 2023.

NameStatusAppointment DateCessation Date
PRAGNESH SACHDEV & ASSOCIATESLockedLockedLocked
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Ownership and Shareholding of Gravity Ceramic Private Limited

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Charges & Borrowings of Gravity Ceramic Private Limited

Open charges
₹10.64 Cr
Satisfied charges
₹11.97 Cr
Breakdown by lending institutions
Others₹10.64 Cr
Latest charge details
DateLenderAmountStatus
30 Sep 2024Others₹3.2 CrOpen
10 Mar 2022Others₹56 LakhOpen
26 Aug 2020Others₹1.13 CrOpen
01 Jun 2018Others₹5.75 CrOpen
27 Apr 2011Others₹11.97 CrSatisfied

Total charge records: 5 View all charges

MSME Payment Delays by Gravity Ceramic Private Limited

Gravity Ceramic Private Limited has 16 MSME Form 1 returns on record between 2018 and 2021, listing 118 overdue payments to 35 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 35)

SupplierAmount dueDue sinceReported on
Packon Industries - Morbi••••••••••••
Shiva Strap Industries••••••••••••
Pooja Ceratech Private Limited••••••••••••
Shreenath Ceramics Industries - Jambusar••••••••••••
Durst (India) Private Limited••••••••••••
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Full MSME payment history

Every supplier, amount and due date from all 16 MSME Form 1 returns is in the company report.

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Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.

Employees and EPFO Compliance at Gravity Ceramic Private Limited

Gravity Ceramic Private Limited has a workforce of 14 employees as of Apr 03, 2024.

Employee count
14
Active EPFO establishments
1
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Employee and EPFO history

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

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Recent Activity on Gravity Ceramic Private Limited

Gravity Ceramic Private Limited has 7 board changes on record since 2010: 3 appointments and 4 cessations. The latest: Ashwinkumar Harakhjibhai Kavathiya ceased to be Director on 09 Jan 2018.

AGM
Gravity Ceramic Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 3.20 Cr with Charge ID 101002674 was registered on 30 Sep 2024.
Filing
Gravity Ceramic Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge with Others of Rs. 0.56 Cr registered on 10 Mar 2022 with Charge ID 100553361 was modified on 11 Mar 2022.
Charges
A charge with Others amounted to Rs. 0.56 Cr with Charge ID 100553361 was registered on 10 Mar 2022.
Charges
A charge with Others of Rs. 5.75 Cr registered on 01 Jun 2018 with Charge ID 100191819 was modified on 10 Feb 2022.
Charges
A charge with Others of Rs. 1.13 Cr registered on 26 Aug 2020 with Charge ID 100369677 was modified on 28 Aug 2020.
Charges
A charge with Others amounted to Rs. 1.13 Cr with Charge ID 100369677 was registered on 26 Aug 2020.
Charges
A charge registered on 27 Apr 2011 via Charge ID 10283874 with Others was fully satisfied on 02 Jul 2018.
Charges
A charge with Others amounted to Rs. 5.75 Cr with Charge ID 100191819 was registered on 01 Jun 2018.
Ceased
Ashwinkumar Harakhjibhai Kavathiya ceased to be Director.
Appointed
Ankurbhai Keshavjibhai Jetpariya was appointed as Director.

8 earlier events are listed in the company report.

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

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Subsidiaries & Group Companies of Gravity Ceramic Private Limited

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GST Compliance of Gravity Ceramic Private Limited

Gravity Ceramic has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAECG0342E1Z9GujaratActive01 Jul 2017
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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 Gravity Ceramic Private Limited

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MCA filings and documents

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Frequently Asked Questions about Gravity Ceramic Private Limited

Gravity Ceramic is an active private limited company based in Morbi, Gujarat, India. The company works in sanitaryware and tile, within the manufacturing industry. It was incorporated on 03 December 2010 (16+ years old) and is registered under CIN U26933GJ2010PTC063128.

Gravity Ceramic reported revenue of ₹98.44 Lakh for FY 2025 (down 73% YoY).

Gravity Ceramic has 3 current directors:

Gravity Ceramic reported a net profit of ₹5.33 Lakh (net margin 5.4%) and EBITDA of ₹93.77 Lakh (EBITDA margin 95.3%) for FY 2025, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Gravity Ceramic is -61% over three years and -48% over five years. In the latest year (FY 2025) revenue fell 73%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Gravity Ceramic is 24AAECG0342E1Z9, registered in Gujarat.

The CIN (Corporate Identification Number) of Gravity Ceramic is U26933GJ2010PTC063128. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Gravity Ceramic has 13 court cases on record: 9 filed by the company and 4 filed against it. 3 are pending. Most are in the district courts.

Gravity Ceramic was incorporated on 03 December 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ahmedabad.

The peers of Gravity Ceramic by revenue are Nitco Tiles and Marble Industries(Andhra) Pvt Ltd, Datta Avenues Private Limited, Square Acrylic Products Private Limited, Harkishan Marbles Private Limited, Suraj Tiles and Infraestate Private Limited and 5 more, all in the Manufacturing industry (Ceramics, Sanitaryware and Tiles).

Ashwinkumar Harakhjibhai Kavathiya ceased to be Director on 09 Jan 2018. Ankurbhai Keshavjibhai Jetpariya was appointed as Director on 18 Nov 2017. Durlabhajibhai Nanjibhai Vidja was appointed as Director on 18 Nov 2017. Gravity Ceramic has 7 board changes on record in total.

Yes, Gravity Ceramic is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-32-0004880).

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