Startup India Government of India
Hindgres Ceramica Private Limited - manufacturing in Morbi, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹94.63 Cr
▲ 11% YoY
Net loss · FY 2025
₹5.3 Cr
Net margin -5.6%
EBITDA · FY 2025
-₹2.96 Cr
EBITDA margin -3.1%
Authorised capital
₹3.5 Cr
Registered with MCA
Paid-up capital
₹2.99 Cr
Issued & subscribed
Open charges
₹48.87 Cr
Satisfied ₹10 Cr
Company age
5 yrs
Est. 2021
Directors on board
2
As per MCA filings
About Hindgres Ceramica Private Limited
Data last updated:
Hindgres Ceramica Private Limited is a private limited company based in Morbi, Gujarat, India, recognised as a startup by DPIIT. It operates in the sanitaryware and tile segment of the manufacturing sector. It was incorporated on 20 December 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51909GJ2021PTC128100. Its GSTIN is 24AAGCH0936B1Z4 (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹3.5 Cr and a paid-up capital of ₹2.99 Cr. It is led by directors Darshankumar Chaturbhai Saradava and Deenaben Shailesh Patel.
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 Survey No. 115P Village Makansar 8A National Highway, Morbi, Gujarat, India – 363642.
As per the financials filed for FY 2025, the company reported a revenue of ₹94.63 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net loss of ₹5.3 Cr (net margin -5.6%) and EBITDA of -₹2.96 Cr (EBITDA margin -3.1%). Revenue has grown at a compounded annual rate (CAGR) of 221% over three years.
The company is associated with 1 brand: Hindgres. As per MCA filings, the company has open charges of ₹48.87 Cr and satisfied charges of ₹10 Cr on record. Court records list 7 cases involving the company, including 7 filed by the company; 2 cases are pending.
Hindgres Ceramica Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-32-0013114). For more details, the company can be reached via its website hindgres.com.
Company details
CIN U51909GJ2021PTC128100
Registration Number 128100
Incorporation Date 20 December 2021
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-GJ-32-0013114
Recognitions & Rankings of Hindgres Ceramica
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-32-0013114
Contact details
Hindgres Ceramica Private Limited's registered office is in Morbi, Gujarat. Its website is hindgres.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSurvey No. 115P Village Makansar 8A National Highway, Morbi, Gujarat, India – 363642
- IndustryManufacturing, Sanitaryware & Tile, Ceramics
To see the full contact details of Hindgres Ceramica Private Limited, buy the company report.
Comprehensive company report
Hindgres Ceramica 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Hindgres Ceramica operates one associated brand: Hindgres. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of ceramic and porcelain tiles in the building materials sector. | hindgres.com |
Business activity
The main business activity of Hindgres Ceramica is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Hindgres Ceramica Private Limited, buy the company report.
Financials of Hindgres Ceramica Private Limited
FY 2025 filings availableHindgres Ceramica Private Limited reported revenue of ₹94.63 Cr (up 11% YoY) for FY 2025.
Revenue · FY 2025
₹94.63 Cr ▲ 11%
Net loss · FY 2025
₹5.3 Cr margin -5.6%
EBITDA · FY 2025
-₹2.96 Cr margin -3.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 11%
3 years · compounded
▲ 221%
EBITDA CAGR growth
1 year
▼ 266%
3 years · compounded
▼ 195%
Revenue has grown at a compounded annual rate (CAGR) of 221% over three years, including 11% growth in the latest year. EBITDA fell 266% 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 |
|---|---|---|---|---|
| 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 | -₹2.96 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹5.3 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -3.1% | |||
| Net Profit Margin | -5.6% | |||
| 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 Hindgres Ceramica Private Limited, buy the company report.
Board of directors of Hindgres Ceramica Private Limited
Hindgres Ceramica has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Darshankumar Chaturbhai Saradava | Director | 10 Nov 2022 | 3 Years 11 Months | Current |
| Deenaben Shailesh Patel | Director | 10 Nov 2022 | 3 Years 11 Months | Current |
Peer comparison
Hindgres Ceramica 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 (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Pacific Granites (India) Private Limited | ₹96.36 Cr (FY 2025) | -6.0% | Bangalore, Karnataka, India | |||
| MPG Stone Private Limited | ₹95.86 Cr (FY 2025) | -34.0% | Rewari, Haryana, India | |||
| Hindgres Ceramica Private Limitedthis company | ₹94.63 Cr (FY 2025) | -₹5.3 Cr | -5.6% | 11.0% | Morbi, Gujarat, India | |
| Michigan Stones Private Limited | ₹92.4 Cr (FY 2025) | 11.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Hindgres Ceramica Private Limited, buy the company report.
Auditor
Hindgres Ceramica Private Limited is audited by HITESHKUMAR P DESAI for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HITESHKUMAR P DESAI | FY 2023 | 160285 |
Shareholding
The shareholding of Hindgres Ceramica Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Hindgres Ceramica Private Limited, buy the company report.
Charges & borrowings
Open charges
₹48.87 Cr
Satisfied charges
₹10 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Jul 2025 | 101133724 | Others | ₹3.82 Cr | Open | |
| 04 Oct 2024 | 100991583 | Canara Bank | ₹10 Cr | Open | |
| 23 Aug 2023 | 100776952 | Others | ₹34.59 Cr | Open | |
| 29 Nov 2022 | 100668486 | Hdfc Bank Limited | ₹46.06 Lakh | Open | |
| 28 Mar 2024 | 100905481 | Others | ₹10 Cr | Satisfied |
To see the full charge records of Hindgres Ceramica Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Hindgres Ceramica Private Limited has 7 court cases on record: 7 filed by Hindgres Ceramica. 2 cases are pending and 5 are disposed.
Total cases
7
Filed by the company
7
Pending
2
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 0 | 2 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, MORBI, Gujarat | Court case (CR EN) | Filed by the company against Charan Tiles Pvt Ltd | Pending |
| District court, MORBI, Gujarat | Criminal complaint | Filed by the company against individuals | Pending |
| District court, MORBI, Gujarat | Criminal complaint | Filed by the company against individuals | Disposed |
| District court, MORBI, Gujarat | Commercial matter | Filed by the company against individuals | Disposed |
| District court, MORBI, Gujarat | Commercial matter | Filed by the company against individuals | Disposed |
To see the full case history of Hindgres Ceramica 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 Hindgres Ceramica Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Hindgres Ceramica Private Limited has 1 active EPFO establishment as of Apr 06, 2024.
Active EPFO establishments
1
GST
Hindgres Ceramica has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCH0936B1Z4 | Gujarat | Active | 05 Jan 2022 |
To see the full GST registrations and return filing status of Hindgres Ceramica Private Limited, buy the company report.
Recent activity
Hindgres Ceramica Private Limited has 8 board changes on record since 2021: 5 appointments and 3 cessations. The latest: Axaykumar Dilipkumar Patel ceased to be Director on 10 Nov 2022.
AGM
Hindgres Ceramica Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 3.82 Cr with Charge ID 101133724 was registered on 15 Jul 2025.
Filing
Hindgres Ceramica Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Canara Bank of Rs. 10.00 Cr registered on 04 Oct 2024 with Charge ID 100991583 was modified on 05 Oct 2024.
Charges
A charge with Canara Bank amounted to Rs. 10.00 Cr with Charge ID 100991583 was registered on 04 Oct 2024.
Charges
A charge registered on 28 Mar 2024 via Charge ID 100905481 with Others was fully satisfied on 11 Sep 2024.
Charges
A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100905481 was registered on 28 Mar 2024.
Charges
A charge with Others amounted to Rs. 34.59 Cr with Charge ID 100776952 was registered on 23 Aug 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.46 Cr with Charge ID 100668486 was registered on 29 Nov 2022.
Ceased
Axaykumar Dilipkumar Patel ceased to be Director.
Appointed
Darshankumar Chaturbhai Saradava was appointed as Director.
Appointed
Deenaben Shailesh Patel was appointed as Director.
6 earlier events are in the company report.
Frequently asked questions
Hindgres Ceramica 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 20 December 2021 (5+ years old) and is registered under CIN U51909GJ2021PTC128100.
Hindgres Ceramica has 2 current directors:
- Darshankumar Chaturbhai Saradava - Director
- Deenaben Shailesh Patel - Director
The latest financial statements of Hindgres Ceramica 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 FY 2022 are in the company report.
The GSTIN of Hindgres Ceramica is 24AAGCH0936B1Z4, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Hindgres Ceramica is U51909GJ2021PTC128100. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hindgres Ceramica has 7 court cases on record: 7 filed by the company. 2 are pending.
Hindgres Ceramica was incorporated on 20 December 2021, making it 5+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Hindgres Ceramica by revenue are Pacific Granites (India) Private Limited, MPG Stone Private Limited, Michigan Stones Private Limited, all in the Manufacturing industry (Ceramics, Sanitaryware and Tiles), with the same principal business activity (wholesale trading).
Axaykumar Dilipkumar Patel ceased to be Director on 10 Nov 2022. Darshankumar Chaturbhai Saradava was appointed as Director on 10 Nov 2022. Deenaben Shailesh Patel was appointed as Director on 10 Nov 2022. Hindgres Ceramica has 8 board changes on record in total.
Yes, Hindgres Ceramica is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Hindgres Ceramica is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-32-0013114).