Idol Ceramic Private Limited
About Idol Ceramic Private Limited
Data last updated:
Idol 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 31 October 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U26960GJ2013PTC077395. Its GSTIN is 24AADCI3963N1Z8 (Gujarat).
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹2.5 Cr. It is led by directors Pintubhai Lalajibhai Kavar and Het Mahendrabhai Zalariya.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Survey No. 260/1P1 Village: Jivapar (C), Morbi, Gujarat, India – 363630.
As per the financials filed for FY 2020, the company reported a revenue of ₹2.7 Cr, a decline of 56% compared to the previous year. For the same year it recorded a net loss of ₹71.98 Lakh (net margin -26.7%) and EBITDA of ₹5 Lakh (EBITDA margin 1.9%). Revenue has declined at a compounded annual rate (CAGR) of 45% over three years.
As per MCA filings, the company has open charges of ₹4.56 Cr on record. Court records list 8 cases involving the company, including 8 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Idol Ceramic Private Limited's registered office is in Morbi, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressSurvey No. 260/1P1 Village: Jivapar (C), Morbi, Gujarat, India – 363630
- IndustryManufacturing, Sanitaryware & Tile, Ceramics
To see the full contact details of Idol Ceramic 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
Business activity
The main business activity of Idol 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 Idol Ceramic Private Limited, buy the company report.
Financials of Idol Ceramic Private Limited
FY 2020 filings availableIdol Ceramic Private Limited reported revenue of ₹2.7 Cr (down 56% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 45% over three years, including a 56% fall in the latest year. EBITDA fell 95% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹2.7 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹5 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹71.98 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.9% | ||||
| Net Profit Margin | -26.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Idol Ceramic Private Limited, buy the company report.
Board of directors of Idol Ceramic Private Limited
Idol Ceramic has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pintubhai Lalajibhai Kavar | Director | 17 Jan 2022 | 4 Years 9 Months | Current |
| Het Mahendrabhai Zalariya | Director | 20 Jul 2021 | 5 Years 3 Months | Current |
Peer comparison
Idol Ceramic Private Limited is compared with the 3 companies closest to it by revenue in the Metals and Minerals industry (Ceramics, Sanitaryware and Tiles, Other Minerals), 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 |
|---|---|---|---|---|---|---|
| New Sigma Pet Private Limited | ₹2.71 Cr (FY 2025) | -33.0% | Gandhinagar, Gujarat, India | |||
| Sojat Cement Works Pvt.Ltd. | ₹2.71 Cr (FY 2025) | 3.0% | Jodhpur, Rajasthan, India | |||
| Idol Ceramic Private Limitedthis company | ₹2.7 Cr (FY 2020) | -₹71.98 Lakh | -26.7% | -56.0% | Morbi, Gujarat, India | |
| Sanmati Minchem Private Limited | ₹2.67 Cr (FY 2024) | 175.0% | Udaipur, Rajasthan, India |
To see the full peer comparison of Idol Ceramic Private Limited, buy the company report.
Shareholding
The shareholding of Idol Ceramic Private Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Idol Ceramic Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Nov 2014 | 10533032 | Dena Bank | ₹4.56 Cr | Open |
To see the full charge records of Idol Ceramic Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Idol Ceramic Private Limited has 8 court cases on record: 8 filed against it. 1 case is pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 8 | 1 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, RAJKOT, Gujarat | Criminal complaint | Filed against the company by Sandip Bipinbhai Patira, Prop. of Navkar Industries | Pending |
| District court, RAJKOT, Gujarat | Criminal complaint | Filed against the company by Ms. Vasuki Tradelink Pvt Ltd Company Director Jasmin Balshankarbhai Madhak | Disposed |
| District court, MORBI, Gujarat | Criminal complaint | Filed against the company by an individual | Disposed |
| District court, MORBI, Gujarat | Criminal complaint | Filed against the company by an individual | Disposed |
| District court, MORBI, Gujarat | Criminal complaint | Filed against the company by an individual | Disposed |
To see the full case history of Idol 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
No delayed payments to MSME suppliers are on our record for Idol Ceramic Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Idol Ceramic has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCI3963N1Z8 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Idol Ceramic Private Limited, buy the company report.
Recent activity
Idol Ceramic Private Limited has 11 board changes on record since 2014: 2 appointments and 9 cessations. The latest: Mahendrabhai Kalyanjibhai Zalariya ceased to be Director on 17 Jan 2022.
4 earlier events are in the company report.
Frequently asked questions
Idol 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 31 October 2013 (13+ years old) and is registered under CIN U26960GJ2013PTC077395.
Idol Ceramic has 2 current directors:
- Pintubhai Lalajibhai Kavar - Director
- Het Mahendrabhai Zalariya - Director
The latest financial statements of Idol Ceramic on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Idol Ceramic is 24AADCI3963N1Z8, registered in Gujarat.
The CIN (Corporate Identification Number) of Idol Ceramic is U26960GJ2013PTC077395. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Idol Ceramic has 8 court cases on record: 8 filed against it. 1 is pending.
Idol Ceramic was incorporated on 31 October 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Idol Ceramic by revenue are New Sigma Pet Private Limited, Sojat Cement Works Pvt.Ltd, Sanmati Minchem Private Limited, all in the Metals and Minerals industry (Ceramics, Sanitaryware and Tiles, Other Minerals), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Mahendrabhai Kalyanjibhai Zalariya ceased to be Director on 17 Jan 2022. Pintubhai Lalajibhai Kavar was appointed as Director on 17 Jan 2022. Divyeshbhai Kishorbhai Loriya ceased to be Director on 30 Oct 2021. Idol Ceramic has 11 board changes on record in total.
The registered office of Idol Ceramic is at Survey No. 2601P1 Village: Jivapar C, Morbi, Gujarat, India – 363630.
Idol Ceramic operates in the manufacturing industry, in the sanitaryware and tile segment.