MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-01-0051366
Horizon Refractories Private Limited - manufacturing in Sanand, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹2.32 Cr
▼ 31% YoY
Net loss · FY 2025
₹5.27 Lakh
Net margin -2.3%
EBITDA · FY 2025
-₹1.58 Lakh
EBITDA margin -0.7%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Horizon Refractories Private Limited
Data last updated:
Horizon Refractories Private Limited is a private limited company based in Sanand, Gujarat, India. It operates in the construction materials segment of the manufacturing sector. It was incorporated on 05 November 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51909GJ2018PTC105096. Its GSTIN is 24AAECH7078N1Z2 (Gujarat).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Dipali Harsh Shah and Harsh Ashokkumar Shah.
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 Sanand, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.32 Cr, a decline of 31% compared to the previous year. For the same year it recorded a net loss of ₹5.27 Lakh (net margin -2.3%) and EBITDA of -₹1.58 Lakh (EBITDA margin -0.7%). Revenue has declined at a compounded annual rate (CAGR) of 36% over three years and 16% over five years.
The company is associated with 1 brand: Horizon Refractories.
Horizon Refractories Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0051366). For more details, the company can be reached via its website horizonrefractories.com.
Company details
CIN U51909GJ2018PTC105096
Registration Number 105096
Incorporation Date 05 November 2018
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Micro
Udyam Registration UDYAM-GJ-01-0051366
Recognitions & Rankings of Horizon Refractories
Contact details
Horizon Refractories Private Limited's registered office is in Sanand, Gujarat. Its website is horizonrefractories.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressC 911 – 912, Swati Trinity Applewoods Township, Sanand, Gujarat, India – 380058
- IndustryManufacturing, Construction Materials
To see the full contact details of Horizon Refractories Private Limited, buy the company report.
Comprehensive company report
Horizon Refractories 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
Horizon Refractories operates one associated brand: Horizon Refractories. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures and supplies refractories, insulations, and acid-resistant products globally. | horizonrefractories.com |
Business activity
The main business activity of Horizon Refractories 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 Horizon Refractories Private Limited, buy the company report.
Financials of Horizon Refractories Private Limited
FY 2025 filings availableHorizon Refractories Private Limited reported revenue of ₹2.32 Cr (down 31% YoY) for FY 2025.
Revenue · FY 2025
₹2.32 Cr ▼ 31%
Net loss · FY 2025
₹5.27 Lakh margin -2.3%
EBITDA · FY 2025
-₹1.58 Lakh margin -0.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 31%
3 years · compounded
▼ 36%
5 years · compounded
▼ 16%
EBITDA CAGR growth
1 year
▲ 93%
3 years · compounded
▼ 27%
5 years · compounded
▼ 16%
Revenue has declined at a compounded annual rate (CAGR) of 16% over five years, including a 31% fall in the latest year. EBITDA rose 93% 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 | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹1.58 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹5.27 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.7% | ||||
| Net Profit Margin | -2.3% | ||||
| 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 Horizon Refractories Private Limited, buy the company report.
Board of directors of Horizon Refractories Private Limited
Horizon Refractories has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dipali Harsh Shah | Director | 05 Nov 2018 | 7 Years 11 Months | Current |
| Harsh Ashokkumar Shah Also directs: Tan Global Trading LLP, Eratoz Industries LLP | Director | 05 Nov 2018 | 7 Years 11 Months | Current |
Auditor
Horizon Refractories Private Limited is audited by SHANTILAL K. SHAH & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHANTILAL K. SHAH & CO. | FY 2023 | 109912W |
Shareholding
The shareholding of Horizon Refractories Private Limited is on record for 4 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 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Horizon Refractories Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Horizon Refractories Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Horizon Refractories Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Horizon Refractories has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECH7078N1Z2 | Gujarat | Active | 27 Nov 2018 |
To see the full GST registrations and return filing status of Horizon Refractories Private Limited, buy the company report.
Recent activity
Horizon Refractories Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Dipali Harsh Shah was appointed as Director on 05 Nov 2018.
AGM
Horizon Refractories Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Horizon Refractories Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Dipali Harsh Shah was appointed as Director.
Appointed
Harsh Ashokkumar Shah was appointed as Director.
Incorporation
05 Nov 2018
Horizon Refractories Private Limited was registered on 05 Nov 2018 with Roc Ahmedabad & aged 7 years 11 months as per MCA records.
Frequently asked questions
Horizon Refractories is an active private limited company based in Sanand, Gujarat, India. The company works in construction materials, within the manufacturing industry. It was incorporated on 05 November 2018 (8+ years old) and is registered under CIN U51909GJ2018PTC105096.
Horizon Refractories has 2 current directors:
- Dipali Harsh Shah - Director
- Harsh Ashokkumar Shah - Director
The latest financial statements of Horizon Refractories 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 2019 are in the company report.
The GSTIN of Horizon Refractories is 24AAECH7078N1Z2, registered in Gujarat.
The CIN (Corporate Identification Number) of Horizon Refractories is U51909GJ2018PTC105096. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Horizon Refractories was incorporated on 05 November 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Dipali Harsh Shah was appointed as Director on 05 Nov 2018. Harsh Ashokkumar Shah was appointed as Director on 05 Nov 2018.
Yes, Horizon Refractories is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0051366).
Horizon Refractories can be reached through the website horizonrefractories.com. Its registered office is in Sanand, Gujarat, India.
The registered office of Horizon Refractories is at C 911 – 912, Swati Trinity Applewoods Township, Sanand, Gujarat, India – 380058.
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