About Ibis Smart Marble Private Limited
Data last updated:
Ibis Smart Marble Private Limited is a private limited company based in Morbi, Gujarat, India. It operates in the ceramics segment of the manufacturing sector. It was incorporated on 30 May 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U26990GJ2017PTC097637. Its GSTIN is 24AAECI5176J1ZE (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹28 Cr and a paid-up capital of ₹27.5 Cr. It is led by directors including Jayesh Laxmanbhai Sherasiya and Pratik Chandulal 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. 1067/1P1 1067/1P2 1067/1P3 1067/1P4 1067/1P6 & 1067/1P6P1 Village: Ghuntu, Morbi, Gujarat, India – 363642.
As per the financials filed for FY 2025, the company reported a revenue of ₹165.76 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net profit of ₹4.91 Cr (net margin 3%) and EBITDA of ₹28.27 Cr (EBITDA margin 17.1%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 13% over five years.
The company has about 54 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: IBIS Smart Marble. As per MCA filings, the company has open charges of ₹148.66 Cr and satisfied charges of ₹50 Cr on record. Court records list 1 case involving the company, including 1 filed against it. The company has 7 deals on record (5 secondary share transfers, 2 rights issues); the latest was in May 2022. Its 7 peer companies 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) are compared by revenue, 4 larger and 3 smaller; the largest is Glowstone Industries Private Limited with revenue of ₹176.37 Cr. The company has 13 MSME Form 1 returns on record between 2019 and 2020, listing 707 overdue payments to 501 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ibissmartmarble.com.
Company details
Contact details
Ibis Smart Marble Private Limited's registered office is in Morbi, Gujarat. Its website is ibissmartmarble.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSurvey No. 1067/1P1 1067/1P2 1067/1P3 1067/1P4 1067/1P6 & 1067/1P6P1 Village: Ghuntu, Morbi, Gujarat, India – 363642
- IndustryManufacturing, Ceramics, Sanitaryware & Tile
To see the full contact details of Ibis Smart Marble Private Limited, buy the company report.
- 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
Brands
Ibis Smart Marble operates one associated brand: IBIS Smart Marble. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures and exports porcelain slabs and tiles for global construction and design needs. | ibissmartmarble.com |
Business activity
The main business activity of Ibis Smart Marble 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 Ibis Smart Marble Private Limited, buy the company report.
Financials of Ibis Smart Marble Private Limited
FY 2025 filings availableIbis Smart Marble Private Limited reported revenue of ₹165.76 Cr (down 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 2% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 13%. EBITDA fell 9% 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 | ₹28.27 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.91 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 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 17.1% | ||||
| Net Profit Margin | 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 Ibis Smart Marble Private Limited, buy the company report.
Board of directors of Ibis Smart Marble Private Limited
Ibis Smart Marble has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jayesh Laxmanbhai Sherasiya Also directs: Pearl Quartz Stone Private Limited | Director | 30 May 2017 | 9 Years 4 Months | Current |
| Pratik Chandulal Patel Also directs: Pearl Quartz Stone Private Limited | Director | 30 May 2017 | 9 Years 4 Months | Current |
| Jayeshkumar Chaturbhai Dadhaniya | Director | 30 May 2017 | 9 Years 4 Months | Current |
| Kushanbhai Atulbhai Patel Also directs: Silverpearl Tiles (I) Private Limited | Director | 30 May 2017 | 9 Years 4 Months | Current |
Peer comparison
Ibis Smart Marble Private Limited is compared with the 7 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 |
|---|---|---|---|---|---|---|
| Glowstone Industries Private Limited | ₹176.37 Cr (FY 2025) | 11.0% | Bhilwara, Rajasthan, India | |||
| Lioli Ceramica Private Limited | ₹175.4 Cr (FY 2024) | -14.0% | Morbi, Gujarat, India | |||
| Nextile Marbosys Private Limited | ₹174.66 Cr (FY 2023) | 18.0% | Morbi, Gujarat, India | |||
| Duracon Vitrified Private Limited | ₹169.99 Cr (FY 2024) | 4.0% | Wankaner, Gujarat, India | |||
| Ibis Smart Marble Private Limitedthis company | ₹165.76 Cr (FY 2025) | ₹4.91 Cr | 3% | -2.0% | 54 | Morbi, Gujarat, India |
| Siyaram Granito Private Limited | ₹163.12 Cr (FY 2025) | -7.0% | Jivapar Chakampar, Gujarat, India | |||
| Claystone Granito Private Limited | ₹162.01 Cr (FY 2025) | -6.0% | Morbi, Gujarat, India | |||
| Rey Ceracreation Private Limited | ₹155.19 Cr (FY 2025) | -18.0% | Morbi, Gujarat, India |
To see the full peer comparison of Ibis Smart Marble Private Limited, buy the company report.
Auditor
Ibis Smart Marble Private Limited is audited by S. K. MEHTA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. K. MEHTA & ASSOCIATES | FY 2023 | 129969W |
Shareholding
The shareholding of Ibis Smart Marble 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 Ibis Smart Marble Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Mar 2021 | 100438740 | Hdfc Bank Limited | ₹75.75 Cr | Open | |
| 20 Sep 2018 | 100205532 | Indian Bank | ₹72.91 Cr | Open | |
| 30 May 2018 | 100183721 | Others | ₹50 Cr | Satisfied |
To see the full charge records of Ibis Smart Marble Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Ibis Smart Marble Private Limited has 7 deals on record (5 secondary share transfers, 2 rights issues); the latest was in May 2022.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Dec 2020 | Rights issue | ₹2.5 Cr | Investors: 4 individuals |
| Jan 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Nov 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of Ibis Smart Marble Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Ibis Smart Marble Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, RAJKOT, Gujarat | Court case (AGRMNT LC) | Filed against the company by an individual | Disposed |
To see the full case history of Ibis Smart Marble 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.
Credit ratings & regulatory alerts
Ibis Smart Marble Private Limited was last rated by Care on 09 Sep 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 09 Sep 2021 |
To see the full credit ratings and regulatory alerts of Ibis Smart Marble Private Limited, buy the company report.
MSME payment delays
Ibis Smart Marble Private Limited has 13 MSME Form 1 returns on record between 2019 and 2020, listing 707 overdue payments to 501 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 501)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Gujarat Energy Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Ibis Smart Marble Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Ibis Smart Marble Private Limited has a workforce of 54 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
GST
Ibis Smart Marble has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECI5176J1ZE | Gujarat | Active | 05 Sep 2017 |
To see the full GST registrations and return filing status of Ibis Smart Marble Private Limited, buy the company report.
Recent activity
Ibis Smart Marble Private Limited has 6 board changes on record since 2017: 4 appointments and 2 cessations. The latest: Kantilal Mavjibhai Shersiya ceased to be Director on 05 Nov 2019.
4 earlier events are in the company report.
Frequently asked questions
Ibis Smart Marble is an active private limited company based in Morbi, Gujarat, India. The company works in ceramics, within the manufacturing industry. It was incorporated on 30 May 2017 (9+ years old) and is registered under CIN U26990GJ2017PTC097637.
Ibis Smart Marble has 4 current directors:
- Jayesh Laxmanbhai Sherasiya - Director
- Pratik Chandulal Patel - Director
- Jayeshkumar Chaturbhai Dadhaniya - Director
- Kushanbhai Atulbhai Patel - Director
The latest financial statements of Ibis Smart Marble 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 2018 are in the company report.
The GSTIN of Ibis Smart Marble is 24AAECI5176J1ZE, 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 Ibis Smart Marble is U26990GJ2017PTC097637. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ibis Smart Marble has 1 court case on record: 1 filed against it.
Ibis Smart Marble was incorporated on 30 May 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Ibis Smart Marble has 7 deals on record (5 secondary share transfers, 2 rights issues); the latest was in May 2022.
The peers of Ibis Smart Marble by revenue are Glowstone Industries Private Limited, Lioli Ceramica Private Limited, Nextile Marbosys Private Limited, Duracon Vitrified Private Limited, Siyaram Granito Private Limited and 2 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).
Kantilal Mavjibhai Shersiya ceased to be Director on 05 Nov 2019. Chinmay Chandubhai Patel ceased to be Director on 14 May 2018. Jayesh Laxmanbhai Sherasiya was appointed as Director on 30 May 2017. Ibis Smart Marble has 6 board changes on record in total.
Ibis Smart Marble has 13 MSME Form 1 returns on record between 2019 and 2020, listing 707 overdue payments to 501 micro and small suppliers. The latest return was filed on 04 Apr 2021.
Ibis Smart Marble can be reached through the website ibissmartmarble.com. Its registered office is in Morbi, Gujarat, India.