MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-32-0004880
Gravity Ceramic Private Limited - manufacturing in Morbi, Gujarat, India. FY 2026 financials & compliance.
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
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
Contact details
Gravity Ceramic Private Limited's registered office is in Morbi, Gujarat. Its website is gravityceramic.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSurvey No. 286 Rangpar (Bela) Village Morbi Jetpar Road Post. Rangpar Tal. Mo, Rbi, Gujarat, India – 363642
- IndustryManufacturing, Sanitaryware & Tile, Ceramics
To see the full contact details of Gravity Ceramic Private Limited, buy the company report.
Comprehensive company report
Gravity 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
Gravity Ceramic operates one associated brand: Gravityceramic. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturer of high-quality ceramic and vitrified tiles for various applications. | gravityceramic.com |
Business activity
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 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 Gravity Ceramic Private Limited, buy the company report.
Financials of Gravity Ceramic Private Limited
FY 2024 filings availableGravity 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)
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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
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| 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) | |||||
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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 | 95.3% | ||||
| Net Profit Margin | 5.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Gravity Ceramic Private Limited, buy the company report.
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
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pradipkumar Harkhajibhai Kavathiya Also directs: Gravity Flavours LLP, Growleaf Biotech Private Limited, Suntop Ceramic Private Limited and 1 more | Director | 03 Dec 2010 | 15 Years 10 Months | Current |
| Ankurbhai Keshavjibhai Jetpariya | Director | 18 Nov 2017 | 8 Years 11 Months | Current |
| Durlabhajibhai Nanjibhai Vidja | Director | 18 Nov 2017 | 8 Years 11 Months | Current |
Auditor
Gravity Ceramic Private Limited is audited by PRAGNESH SACHDEV & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRAGNESH SACHDEV & ASSOCIATES | FY 2023 | 144073W |
Shareholding
The shareholding of Gravity Ceramic 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 category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Gravity Ceramic Private Limited, buy the company report.
Charges & borrowings
Open charges
₹10.64 Cr
Satisfied charges
₹11.97 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Sep 2024 | 101002674 | Others | ₹3.2 Cr | Open | |
| 10 Mar 2022 | 100553361 | Others | ₹56 Lakh | Open | |
| 26 Aug 2020 | 100369677 | Others | ₹1.13 Cr | Open | |
| 01 Jun 2018 | 100191819 | Others | ₹5.75 Cr | Open | |
| 27 Apr 2011 | 10283874 | Others | ₹11.97 Cr | Satisfied |
To see the full charge records of Gravity Ceramic Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Gravity Ceramic Private Limited has 13 court cases on record: 9 filed by Gravity Ceramic, 4 filed against it. 3 cases are pending and 10 are disposed.
Total cases
13
Filed by the company
9
Filed against the company
4
Pending
3
Disposed
10
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 4 | 3 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Sabarkantha at Himmatnagar, Gujarat | Criminal complaint | Filed against the company by Supreme Glaze Pvt Ltd Signature Mukeshkumar Dahyabhai Solanki | Pending |
| District court, MORBI, Gujarat | Criminal complaint | Filed by the company against Prem Traders Through Its Prop. Vishal Lahorani | Pending |
| District court, Sabarkantha at Himmatnagar, Gujarat | Court case (CR EN) | Filed against the company by Supreme Glaze Pvt Ltd Signature Mukeshkumar Dahyabhai Solanki | Disposed |
| District court, Sabarkantha at Himmatnagar, Gujarat | Court case (CR EN) | Filed against the company by Supreme Glaze Pvt Ltd Signature Mukeshkumar Dahyabhai Solanki | Disposed |
| District court, MORBI, Gujarat | Court case (CR EN) | Filed by the company against Prem Traders Through Its Prop. Vishal Lahorani | Disposed |
To see the full case history of Gravity 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
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)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Packon Industries - Morbi | |||
| Shiva Strap Industries | |||
| Pooja Ceratech Private Limited | |||
| Shreenath Ceramics Industries - Jambusar | |||
| Durst (India) Private Limited |
To see the full MSME payment records of Gravity Ceramic Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Gravity Ceramic Private Limited has a workforce of 14 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
Employee count
14
Active EPFO establishments
1
GST
Gravity Ceramic has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECG0342E1Z9 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Gravity Ceramic Private Limited, buy the company report.
Recent activity
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 in the company report.
Frequently asked questions
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 has 3 current directors:
- Pradipkumar Harkhajibhai Kavathiya - Director
- Ankurbhai Keshavjibhai Jetpariya - Director
- Durlabhajibhai Nanjibhai Vidja - Director
The latest financial statements of Gravity Ceramic 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 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.
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).
Gravity Ceramic has 16 MSME Form 1 returns on record between 2018 and 2021, listing 118 overdue payments to 35 micro and small suppliers. The latest return was filed on 18 Oct 2021.
Gravity Ceramic can be reached through the website gravityceramic.com. Its registered office is in Morbi, Gujarat, India.