MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-32-0008013
Grenic Tiles Private Limited - manufacturing in Jambudiya Bhayati, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹29.04 Cr
▼ 16% YoY
Net profit · FY 2025
₹39.18 Lakh
Net margin 1.3%
EBITDA · FY 2025
₹1.58 Cr
EBITDA margin 5.4%
Authorised capital
₹1.25 Cr
Registered with MCA
Paid-up capital
₹1.2 Cr
Issued & subscribed
Open charges
₹9.89 Cr
Satisfied ₹22.84 Cr
Company age
15 yrs
Est. 2011
Employees · EPFO
12
Provident fund records
About Grenic Tiles Private Limited
Data last updated:
Grenic Tiles Private Limited is a private limited company based in Jambudiya Bhayati, Gujarat, India. It operates in the sanitaryware and tile segment of the manufacturing sector. It was incorporated on 26 August 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U26933GJ2011PTC066901. Its GSTIN is 24AAECG3765D1ZU (Gujarat).
The company has an authorised share capital of ₹1.25 Cr and a paid-up capital of ₹1.2 Cr. It is led by directors including Nimishbhai Harshadbhai Amrutiya and Ajaykumar Maheshbhai Padsumbiya.
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 S.No.81 Nr. Krishna Petroleum Vill. Jambudiya (Bhayati) Tal. Wankaner, Jambudiya Bhayati, Gujarat, India – 363622.
As per the financials filed for FY 2025, the company reported a revenue of ₹29.04 Cr, a decline of 16% compared to the previous year. For the same year it recorded a net profit of ₹39.18 Lakh (net margin 1.3%) and EBITDA of ₹1.58 Cr (EBITDA margin 5.4%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 6% over five years.
The company has about 12 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Grenictiles. As per MCA filings, the company has open charges of ₹9.89 Cr and satisfied charges of ₹22.84 Cr on record. Court records list 8 cases involving the company, including 4 filed by the company and 4 filed against it; 3 cases are pending.
Grenic Tiles Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-32-0008013). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website grenictiles.com.
Company details
CIN U26933GJ2011PTC066901
Registration Number 066901
Incorporation Date 26 August 2011
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-32-0008013
Key People
Nimishbhai Harshadbhai Amrutiya Director Ajaykumar Maheshbhai Padsumbiya Director Girishkumar Becharbhai Padsumbiya Director Recognitions & Rankings of Grenic Tiles
Contact details
Grenic Tiles Private Limited's registered office is in Jambudiya Bhayati, Gujarat. Its website is grenictiles.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressS.No.81 Nr. Krishna Petroleum Vill. Jambudiya (Bhayati) Tal. Wankaner, Jambudiya Bhayati, Gujarat, India – 363622
- IndustryManufacturing, Sanitaryware & Tile, Ceramics
To see the full contact details of Grenic Tiles Private Limited, buy the company report.
Comprehensive company report
Grenic Tiles 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
Grenic Tiles operates one associated brand: Grenictiles. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| grenictiles.com |
Business activity
The main business activity of Grenic Tiles 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 Grenic Tiles Private Limited, buy the company report.
Financials of Grenic Tiles Private Limited
FY 2025 filings availableGrenic Tiles Private Limited reported revenue of ₹29.04 Cr (down 16% YoY) for FY 2025.
Revenue · FY 2025
₹29.04 Cr ▼ 16%
Net profit · FY 2025
₹39.18 Lakh margin 1.3%
EBITDA · FY 2025
₹1.58 Cr margin 5.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 16%
3 years · compounded
▼ 3%
5 years · compounded
▲ 6%
EBITDA CAGR growth
1 year
▼ 21%
3 years · compounded
▲ 5%
5 years · compounded
▲ 7%
Revenue fell 16% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 6%. EBITDA fell 21% 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 |
|---|---|---|---|---|---|
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| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.58 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹39.18 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
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| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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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 | 5.4% | ||||
| Net Profit Margin | 1.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Grenic Tiles Private Limited, buy the company report.
Board of directors of Grenic Tiles Private Limited
Grenic Tiles has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nimishbhai Harshadbhai Amrutiya | Director | 21 Jul 2021 | 5 Years 3 Months | Current |
| Ajaykumar Maheshbhai Padsumbiya Also directs: Greenarow Ecopack LLP, Velcore International LLP | Director | 21 Jul 2021 | 5 Years 3 Months | Current |
| Girishkumar Becharbhai Padsumbiya | Director | 26 Aug 2011 | 15 Years 2 Months | Current |
| Harshadbhai Ramjibhai Amrutiya Also directs: Samrat Sanitary Wares Private Limited | Director | 26 Aug 2011 | 15 Years 2 Months | Current |
Peer comparison
Grenic Tiles Private Limited is compared with the 8 companies closest to it by revenue in the Manufacturing industry (Ceramics, Sanitaryware and Tiles), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Evetis Stone India Private Limited | ₹29.36 Cr (FY 2024) | -16.0% | Bela Rangpar, Gujarat, India | |||
| Lexicon Ceramic Private Limited | ₹29.34 Cr (FY 2025) | -14.0% | Gujarat, India | |||
| Stonza Ceramic Private Limited | ₹29.28 Cr (FY 2025) | 4.0% | Wankaner, Gujarat, India | |||
| Himson Industrial Ceramic Private Limited | ₹29.22 Cr (FY 2023) | -8.0% | Surat, Gujarat, India | |||
| Grenic Tiles Private Limitedthis company | ₹29.04 Cr (FY 2025) | ₹39.18 Lakh | 1.3% | -16.0% | 12 | Jambudiya Bhayati, Gujarat, India |
| Logart Ceramic Private Limited | ₹29.02 Cr (FY 2024) | 14.0% | Sapar, Gujarat, India | |||
| Sepal Tiles Private Limited | ₹28.9 Cr (FY 2025) | 6.0% | Sartanpar, Gujarat, India | |||
| Lanford Ceramic Private Limited | ₹28.73 Cr (FY 2025) | -41.0% | Morbi, Gujarat, India | |||
| Blackberry Tiles Private Limited | ₹28.54 Cr (FY 2025) | -1.0% | Morbi, Gujarat, India |
To see the full peer comparison of Grenic Tiles Private Limited, buy the company report.
Auditor
Grenic Tiles Private Limited is audited by V. R. TRIVEDI & COMPANY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V. R. TRIVEDI & COMPANY | FY 2023 | 153609W |
Shareholding
The shareholding of Grenic Tiles 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 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Grenic Tiles Private Limited, buy the company report.
Charges & borrowings
Open charges
₹9.89 Cr
Satisfied charges
₹22.84 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Sep 2024 | 100975602 | Others | ₹4.99 Cr | Satisfied | |
| 09 Sep 2024 | 100975599 | Others | ₹4.9 Cr | Satisfied | |
| 14 Mar 2012 | 10343417 | Union Bank of India | ₹12.95 Cr | Satisfied |
To see the full charge records of Grenic Tiles Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Grenic Tiles Private Limited has 8 court cases on record: 4 filed by Grenic Tiles, 4 filed against it. 3 cases are pending and 5 are disposed.
Total cases
8
Filed by the company
4
Filed against the company
4
Pending
3
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 4 | 2 |
| High courts | 2 | 0 | 1 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, MORBI, Gujarat | Criminal complaint | Filed by the company against an individual | Pending |
| High Court of Gujarat | Special civil application | Filed by the company against Deputy/ Assistant Commissioner of Income Tax, Circle 1(1) | Pending |
| District court, Kolhapur, Maharashtra | Civil suit | Filed against the company by State of Maharashtra Through K D Birajdar, Inspector of Legal Metrology | Pending |
| District court, RAJKOT, Gujarat | Court case (AGRMNT LC) | Filed against the company by an individual | Disposed |
| District court, MORBI, Gujarat | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Grenic Tiles 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
No delayed payments to MSME suppliers are on our record for Grenic Tiles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Grenic Tiles Private Limited has a workforce of 12 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
12
Active EPFO establishments
1
Employee growth
-20%
GST
Grenic Tiles has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECG3765D1ZU | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Grenic Tiles Private Limited, buy the company report.
Recent activity
Grenic Tiles Private Limited has 9 board changes on record since 2011: 4 appointments and 5 cessations. The latest: Ajaykumar Maheshbhai Padsumbiya was appointed as Director on 21 Jul 2021.
AGM
Grenic Tiles Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge registered on 09 Sep 2024 via Charge ID 100975602 with Others was fully satisfied on 25 Aug 2025.
Charges
A charge registered on 09 Sep 2024 via Charge ID 100975599 with Others was fully satisfied on 25 Aug 2025.
Filing
Grenic Tiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others amounted to Rs. 4.99 Cr with Charge ID 100975602 was registered on 09 Sep 2024.
Charges
A charge with Others amounted to Rs. 4.90 Cr with Charge ID 100975599 was registered on 09 Sep 2024.
Charges
A charge registered on 14 Mar 2012 via Charge ID 10343417 with Union Bank Of India was fully satisfied on 24 Sep 2021.
Appointed
Ajaykumar Maheshbhai Padsumbiya was appointed as Director.
Ceased
Mukeshbhai Vashrambhai Santoki ceased to be Director.
Appointed
Nimishbhai Harshadbhai Amrutiya was appointed as Director.
Ceased
Alpesh Jayantilal Kalola ceased to be Director.
Ceased
Viren Rameshbhai Amrutia ceased to be Director.
7 earlier events are in the company report.
Frequently asked questions
Grenic Tiles is an active private limited company based in Jambudiya Bhayati, Gujarat, India. The company works in sanitaryware and tile, within the manufacturing industry. It was incorporated on 26 August 2011 (15+ years old) and is registered under CIN U26933GJ2011PTC066901.
Grenic Tiles has 4 current directors:
- Nimishbhai Harshadbhai Amrutiya - Director
- Ajaykumar Maheshbhai Padsumbiya - Director
- Girishkumar Becharbhai Padsumbiya - Director
- Harshadbhai Ramjibhai Amrutiya - Director
The latest financial statements of Grenic Tiles 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 Grenic Tiles is 24AAECG3765D1ZU, registered in Gujarat.
The CIN (Corporate Identification Number) of Grenic Tiles is U26933GJ2011PTC066901. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Grenic Tiles has 8 court cases on record: 4 filed by the company and 4 filed against it. 3 are pending. Most are in the district courts.
Grenic Tiles was incorporated on 26 August 2011, making it 15+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Grenic Tiles by revenue are Evetis Stone India Private Limited, Lexicon Ceramic Private Limited, Stonza Ceramic Private Limited, Himson Industrial Ceramic Private Limited, Logart Ceramic Private Limited and 3 more, all in the Manufacturing industry (Ceramics, Sanitaryware and Tiles), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Ajaykumar Maheshbhai Padsumbiya was appointed as Director on 21 Jul 2021. Mukeshbhai Vashrambhai Santoki ceased to be Director on 21 Jul 2021. Nimishbhai Harshadbhai Amrutiya was appointed as Director on 21 Jul 2021. Grenic Tiles has 9 board changes on record in total.
Yes, Grenic Tiles is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-32-0008013).
Grenic Tiles can be reached through the website grenictiles.com. Its registered office is in Jambudiya Bhayati, Gujarat, India.