MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-32-0003891
Itaca Ceramic Private Limited - manufacturing in Lalpar, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹449.8 Cr
▼ 10% YoY
Net profit · FY 2025
₹13.29 Cr
Net margin 3%
EBITDA · FY 2025
₹21.54 Cr
EBITDA margin 4.8%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹4.67 Cr
Issued & subscribed
Open charges
₹22 Cr
Satisfied ₹27.69 Cr
Company age
17 yrs
Est. 2009
Employees · EPFO
19
Provident fund records
About Itaca Ceramic Private Limited
Data last updated:
Itaca Ceramic Private Limited is a private limited company based in Lalpar, Gujarat, India. It operates in the sanitaryware and tile segment of the manufacturing sector. It was incorporated on 14 December 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U26933GJ2009PTC058863. Its GSTIN is 24AACCI1838F1ZW (Gujarat).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.67 Cr. It is led by directors including Khimjibhai Vashrambhai Amritiya and Ashokbhai Jerambhai Savsani.
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 Lalpar, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹449.8 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net profit of ₹13.29 Cr (net margin 3%) and EBITDA of ₹21.54 Cr (EBITDA margin 4.8%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 23% over five years.
The company has about 19 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Itaca Ceramics. As per MCA filings, the company has open charges of ₹22 Cr and satisfied charges of ₹27.69 Cr on record. Court records list 6 cases involving the company, including 4 filed by the company and 2 filed against it; 1 case is pending. The company has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹6.18 Cr; the latest was in December 2019. Its 4 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, 2 larger and 2 smaller; the largest is Comet Granito Private Limited with revenue of ₹480.56 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 113 overdue payments to 28 micro and small suppliers.
Itaca Ceramic Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-32-0003891). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website itaca.in.
Company details
CIN U26933GJ2009PTC058863
Registration Number 058863
Incorporation Date 14 December 2009
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 Medium
Udyam Registration UDYAM-GJ-32-0003891
Key People
Khimjibhai Vashrambhai Amritiya Director Ashokbhai Jerambhai Savsani Director Hitendrakumar Vasharambhai Amrutiya Director Recognitions & Rankings of Itaca Ceramic
Contact details
Itaca Ceramic Private Limited's registered office is in Lalpar, Gujarat. Its website is itaca.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressS. No. 115P3 & 115P6 B/H. Udaygold Ceramics Opp. 132 Kva Sub Station NH 8 – A Tal. M, Orbi, Lalpar, Gujarat, India – 363642
- IndustryManufacturing, Sanitaryware & Tile, Ceramics
To see the full contact details of Itaca Ceramic Private Limited, buy the company report.
Comprehensive company report
Itaca Ceramic 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
Itaca Ceramic operates one associated brand: Itaca Ceramics. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Produces and sells durable ceramic tiles for residential and commercial flooring needs. | itaca.in |
Business activity
The main business activity of Itaca 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 Itaca Ceramic Private Limited, buy the company report.
Financials of Itaca Ceramic Private Limited
FY 2025 filings availableItaca Ceramic Private Limited reported revenue of ₹449.8 Cr (down 10% YoY) for FY 2025.
Revenue · FY 2025
₹449.8 Cr ▼ 10%
Net profit · FY 2025
₹13.29 Cr margin 3%
EBITDA · FY 2025
₹21.54 Cr margin 4.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 10%
3 years · compounded
▲ 20%
5 years · compounded
▲ 23%
EBITDA CAGR growth
1 year
▼ 5%
3 years · compounded
▲ 22%
5 years · compounded
▲ 25%
Revenue fell 10% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 23%. EBITDA fell 5% 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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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹21.54 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹13.29 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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| Long-term Borrowings | |||||
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| Inventories | |||||
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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 | 4.8% | ||||
| Net Profit Margin | 3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Itaca Ceramic Private Limited, buy the company report.
Board of directors of Itaca Ceramic Private Limited
Itaca Ceramic has 10 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Khimjibhai Vashrambhai Amritiya | Director | 15 Feb 2010 | 16 Years 8 Months | Current |
| Ashokbhai Jerambhai Savsani Also directs: Ita Lake Ceramic Private Limited | Director | 15 Feb 2010 | 16 Years 8 Months | Current |
| Hitendrakumar Vasharambhai Amrutiya Also directs: Itaca Exports Private Limited | Director | 15 Feb 2010 | 16 Years 8 Months | Current |
| Kiran Shamjibhai Amrutiya Also directs: Ita Lake Ceramic Private Limited | Director | 10 Oct 2012 | 14 Years 0 Months | Current |
| Shamjibhai Vashrambhai Patel | Director | 10 Oct 2012 | 14 Years 0 Months | Current |
| Mansukhbhai Jerambhai Savsani | Director | 10 Oct 2012 | 14 Years 0 Months | Current |
Showing 6 of 10 current directors. View all directors
Peer comparison
Itaca Ceramic Private Limited is compared with the 4 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 |
|---|---|---|---|---|---|---|
| Comet Granito Private Limited | ₹480.56 Cr (FY 2024) | -26.0% | Nava Jambudia, Gujarat, India | |||
| Lavish Granito Private Limited | ₹453.07 Cr (FY 2025) | 1.0% | Morbi, Gujarat, India | |||
| Itaca Ceramic Private Limitedthis company | ₹449.8 Cr (FY 2025) | ₹13.29 Cr | 3% | -10.0% | 19 | Lalpar, Gujarat, India |
| Nexion Surfaces Private Limited | ₹423.4 Cr (FY 2024) | 22.0% | Ahmedabad, Gujarat, India | |||
| Simero Vitrified Private Limited | ₹372.01 Cr (FY 2025) | 2.0% | Morbi, Gujarat, India |
To see the full peer comparison of Itaca Ceramic Private Limited, buy the company report.
Auditor
Itaca Ceramic Private Limited is audited by B. B. Kalaria & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B. B. Kalaria & Co. | FY 2023 | 127220W |
Shareholding
The shareholding of Itaca Ceramic 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 Itaca Ceramic Private Limited, buy the company report.
Charges & borrowings
Open charges
₹22 Cr
Satisfied charges
₹27.69 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Jun 2022 | 100584412 | Others | ₹20 Cr | Open | |
| 03 Aug 2021 | 100464413 | Others | ₹2 Cr | Open | |
| 18 May 2011 | 10288202 | Others | ₹16.35 Cr | Satisfied | |
| 21 May 2010 | 10224104 | State Bank of India | ₹11.34 Cr | Satisfied |
To see the full charge records of Itaca Ceramic Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Itaca Ceramic Private Limited has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹6.18 Cr; the latest was in December 2019.
Total deals
5
Secondary share transfers
3
Funding rounds
2
Disclosed funding
₹6.18 Cr
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Dec 2012 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: Kantilal Hardasbhai HUF, an individual Seller: an individual |
| Oct 2011 | Funding round | ₹1.7 Cr | Investors: 4 individuals |
| May 2010 | Funding round | ₹4.48 Cr | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Itaca Ceramic Private Limited has 6 court cases on record: 4 filed by Itaca Ceramic, 2 filed against it. 1 case is pending and 5 are disposed.
Total cases
6
Filed by the company
4
Filed against the company
2
Pending
1
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 2 | 0 |
| High courts | 1 | 0 | 1 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Gujarat | Special civil application | Filed by the company against Deputy/ Assistant Commissioner of Income Tax, Circle 1(1) | Pending |
| District court, MORBI, Gujarat | Criminal complaint | Filed by the company against an individual | Disposed |
| 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 Pankaj Prakash Yeola - Autho. Perso of Bhoomi Construction | Disposed |
| District court, MORBI, Gujarat | Criminal complaint | Filed by the company against Panjkaj Prakash Yeola - Autho. Person of Bhoomi Construction | Disposed |
To see the full case history of Itaca 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
Itaca Ceramic Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 113 overdue payments to 28 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 28)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Nobel Cera Coat | |||
| an individual supplier | |||
| Jai Shankar Mines & Minerals | |||
| an individual supplier | |||
| Prachi Logistics |
To see the full MSME payment records of Itaca Ceramic Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Itaca Ceramic Private Limited has a workforce of 19 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
19
Active EPFO establishments
1
GST
Itaca Ceramic has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCI1838F1ZW | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Itaca Ceramic Private Limited, buy the company report.
Recent activity
Itaca Ceramic Private Limited has 17 board changes on record since 2009: 10 appointments and 7 cessations. The latest: Bharat Devjibhai Meraja ceased to be Director on 10 Oct 2012.
AGM
Itaca Ceramic Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Itaca Ceramic Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge registered on 18 May 2011 via Charge ID 10288202 with Others was fully satisfied on 02 Nov 2022.
Charges
A charge with Others of Rs. 20.00 Cr registered on 21 Jun 2022 with Charge ID 100584412 was modified on 18 Jul 2022.
Charges
A charge with Others amounted to Rs. 20.00 Cr with Charge ID 100584412 was registered on 21 Jun 2022.
Charges
A charge with Others amounted to Rs. 2.00 Cr with Charge ID 100464413 was registered on 03 Aug 2021.
Charges
A charge with Others of Rs. 16.35 Cr registered on 18 May 2011 with Charge ID 10288202 was modified on 21 Sep 2020.
Ceased
Bharat Devjibhai Meraja ceased to be Director.
Ceased
Ganeshbhai Mohanbhai Panara ceased to be Director.
Appointed
Gautamkumar Mansukhbhai Savsani was appointed as Director.
Appointed
Hiren Shamjibhai Amrutiya was appointed as Director.
Ceased
Kantilal Hardasbhai Detroja ceased to be Director.
16 earlier events are in the company report.
Frequently asked questions
Itaca Ceramic is an active private limited company based in Lalpar, Gujarat, India. The company works in sanitaryware and tile, within the manufacturing industry. It was incorporated on 14 December 2009 (17+ years old) and is registered under CIN U26933GJ2009PTC058863.
Itaca Ceramic has 10 current directors:
- Khimjibhai Vashrambhai Amritiya - Director
- Ashokbhai Jerambhai Savsani - Director
- Hitendrakumar Vasharambhai Amrutiya - Director
- Kiran Shamjibhai Amrutiya - Director
- Shamjibhai Vashrambhai Patel - Director
- Mansukhbhai Jerambhai Savsani - Director
- Punit Mansukhbhai Savsani - Director
- Mayurbhai Mansukhbhai Savsani - Director
- Hiren Shamjibhai Amrutiya - Director
- Gautamkumar Mansukhbhai Savsani - Director
The latest financial statements of Itaca Ceramic 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 Itaca Ceramic is 24AACCI1838F1ZW, registered in Gujarat.
The CIN (Corporate Identification Number) of Itaca Ceramic is U26933GJ2009PTC058863. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Itaca Ceramic has 6 court cases on record: 4 filed by the company and 2 filed against it. 1 is pending. Most are in the district courts.
Itaca Ceramic was incorporated on 14 December 2009, making it 17+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Itaca Ceramic has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹6.18 Cr; the latest was in December 2019.
The peers of Itaca Ceramic by revenue are Comet Granito Private Limited, Lavish Granito Private Limited, Nexion Surfaces Private Limited, Simero Vitrified Private Limited, 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).
Bharat Devjibhai Meraja ceased to be Director on 10 Oct 2012. Ganeshbhai Mohanbhai Panara ceased to be Director on 10 Oct 2012. Gautamkumar Mansukhbhai Savsani was appointed as Director on 10 Oct 2012. Itaca Ceramic has 17 board changes on record in total.
Yes, Itaca Ceramic is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-32-0003891).
Itaca Ceramic has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 113 overdue payments to 28 micro and small suppliers. The latest return was filed on 23 May 2019.