Jai Ganesh Vitrified Private Limited

Jai Ganesh Vitrified Private Limited - manufacturing in Morbi, Gujarat, India. FY 2026 financials & compliance.
CIN U26933GJ2011PTC067632 Incorporated 24 October 2011 ROC Ahmedabad HQ Morbi, Gujarat, India
Active Private Limited Company manufacturing MSME · Small
Data last updated
Revenue · FY 2023
₹3.67 Cr
▼ 86% YoY
Net loss · FY 2023
₹3.42 Cr
Net margin -93.2%
EBITDA · FY 2023
-₹1.28 Cr
EBITDA margin -34.9%
Authorised capital
₹8.5 Cr
Registered with MCA
Paid-up capital
₹8.5 Cr
Issued & subscribed
Satisfied charges
₹37.62 Cr
No open charges
Company age
15 yrs
Est. 2011
Employees · EPFO
4
Provident fund records

About Jai Ganesh Vitrified Private Limited

Data last updated:

Jai Ganesh Vitrified 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 24 October 2011 and has been in existence for over 15 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U26933GJ2011PTC067632. Its GSTIN is 24AACCJ8350K1ZF (Gujarat).

The company has an authorised share capital of ₹8.5 Cr and a paid-up capital of ₹8.5 Cr. It is led by directors Hirani Dilipbhai Mohanbhai and Mansukh Khodabhai Ughareja.

Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Survey No. 837 875 And 876 At: Ghuntu Tal. Morbi, Gujarat, India – 363642.

As per the financials filed for FY 2023, the company reported a revenue of ₹3.67 Cr, a decline of 86% compared to the previous year. For the same year it recorded a net loss of ₹3.42 Cr (net margin -93.2%) and EBITDA of -₹1.28 Cr (EBITDA margin -34.9%). Revenue has declined at a compounded annual rate (CAGR) of 52% over three years and 34% over five years.

The company has about 4 employees on its provident fund (EPFO) records.

As per MCA filings, the company has satisfied charges of ₹37.62 Cr on record. Court records list 4 cases involving the company, including 1 filed by the company and 3 filed against it.

Jai Ganesh Vitrified Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-32-0000002). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website jaiganesh.co.in.

Company details

CIN U26933GJ2011PTC067632
Registration Number 067632
Incorporation Date 24 October 2011
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-32-0000002
Key People
Hirani Dilipbhai Mohanbhai Director Mansukh Khodabhai Ughareja Director

Recognitions & Rankings of Jai Ganesh Vitrified

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-GJ-32-0000002

Contact details

Jai Ganesh Vitrified Private Limited's registered office is in Morbi, Gujarat. Its website is jaiganesh.co.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    jaiganesh.co.in
  • Registered Address
    Survey No. 837 875 And 876 At: Ghuntu Tal. Morbi, Gujarat, India – 363642
  • Industry
    Manufacturing, Ceramics, Sanitaryware & Tile

To see the full contact details of Jai Ganesh Vitrified Private Limited, buy the company report.

Comprehensive company report
Jai Ganesh Vitrified 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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Business activity

The main business activity of Jai Ganesh Vitrified is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC8Plastic products, non-metallic mineral products, rubber products, fabricated metal products

To see the full business activity and turnover split of Jai Ganesh Vitrified Private Limited, buy the company report.

Financials of Jai Ganesh Vitrified Private Limited

FY 2023 filings available

Jai Ganesh Vitrified Private Limited reported revenue of ₹3.67 Cr (down 86% YoY) for FY 2023.

Revenue · FY 2023
₹3.67 Cr ▼ 86%
Net loss · FY 2023
₹3.42 Cr margin -93.2%
EBITDA · FY 2023
-₹1.28 Cr margin -34.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 86%
3 years · compounded
▼ 52%
5 years · compounded
▼ 34%
EBITDA CAGR growth
1 year
▼ 571%
3 years · compounded
▼ 34%
5 years · compounded
▼ 18%

Revenue has declined at a compounded annual rate (CAGR) of 34% over five years, including a 86% fall in the latest year. EBITDA fell 571% 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
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-₹1.28 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹3.42 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin-34.9%
Net Profit Margin-93.2%
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 Jai Ganesh Vitrified Private Limited, buy the company report.

Board of directors of Jai Ganesh Vitrified Private Limited

Jai Ganesh Vitrified has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Hirani Dilipbhai Mohanbhai
Also directs: Corostar Bathware LLP, Ceramax Granito Limited
Director25 Jun 20215 Years 4 MonthsCurrent
Mansukh Khodabhai Ughareja
Also directs: Corostar Bathware LLP, Magnum Ceramics Private Limited, Corona Vitrified Private Limited and 1 more
Director24 Jun 20179 Years 4 MonthsCurrent
View all directors

Auditor

Jai Ganesh Vitrified Private Limited is audited by K R MEHTA & ASSOCIATES for the financial year 2021.

Auditor firmFinancial yearFirm registration number
K R MEHTA & ASSOCIATESFY 2021143370W

Shareholding

The shareholding of Jai Ganesh Vitrified Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2021FY 2020FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Jai Ganesh Vitrified Private Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹37.62 Cr
Breakdown by lending institutions
The Cosmos Co- Operative Bank Limited₹27.60 Cr
Others₹10.02 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
07 Jul 2020100359689Others₹1.02 CrSatisfied
29 Mar 2018100198790Others₹9 CrSatisfied
02 Dec 201310464222The Cosmos Co- Operative Bank Limited₹27.6 CrSatisfied

To see the full charge records of Jai Ganesh Vitrified Private Limited, buy the company report.

Total charge records: 3 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Jai Ganesh Vitrified Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Jai Ganesh Vitrified Private Limited has a workforce of 4 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.

Employee count
4
Active EPFO establishments
1
Employee growth
-60%

GST

Jai Ganesh Vitrified has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AACCJ8350K1ZFGujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Jai Ganesh Vitrified Private Limited, buy the company report.

Recent activity

Jai Ganesh Vitrified Private Limited has 10 board changes on record since 2011: 5 appointments and 5 cessations. The latest: Prahlad Devajibhai Shiyaniya ceased to be Director on 10 Mar 2025.

Ceased
Prahlad Devajibhai Shiyaniya ceased to be Director.
Charges
A charge registered on 07 Jul 2020 via Charge ID 100359689 with Others was fully satisfied on 20 Dec 2023.
Charges
A charge registered on 29 Mar 2018 via Charge ID 100198790 with Others was fully satisfied on 20 Dec 2023.
AGM
Jai Ganesh Vitrified Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Jai Ganesh Vitrified Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.
Appointed
Hirani Dilipbhai Mohanbhai was appointed as Director.
Appointed
Pravinchandra Keshavji Detroja was appointed as Director.
Charges
A charge with Others of Rs. 9.00 Cr registered on 29 Mar 2018 with Charge ID 100198790 was modified on 29 Dec 2020.
Charges
A charge with Others of Rs. 1.02 Cr registered on 07 Jul 2020 with Charge ID 100359689 was modified on 16 Jul 2020.
Charges
A charge with Others amounted to Rs. 1.02 Cr with Charge ID 100359689 was registered on 07 Jul 2020.
Charges
A charge registered on 02 Dec 2013 via Charge ID 10464222 with The Cosmos Co- Operative Bank Limited was fully satisfied on 03 Sep 2019.
Charges
A charge with Others amounted to Rs. 9.00 Cr with Charge ID 100198790 was registered on 29 Mar 2018.

9 earlier events are in the company report.

Frequently asked questions

Jai Ganesh Vitrified is an active private limited company based in Morbi, Gujarat, India. The company works in ceramics, within the manufacturing industry. It was incorporated on 24 October 2011 (15+ years old) and is registered under CIN U26933GJ2011PTC067632.

Jai Ganesh Vitrified has 2 current directors:

The latest financial statements of Jai Ganesh Vitrified on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.

The GSTIN of Jai Ganesh Vitrified is 24AACCJ8350K1ZF, registered in Gujarat.

The CIN (Corporate Identification Number) of Jai Ganesh Vitrified is U26933GJ2011PTC067632. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Jai Ganesh Vitrified has 4 court cases on record: 1 filed by the company and 3 filed against it. Most are in the district courts.

Jai Ganesh Vitrified was incorporated on 24 October 2011, making it 15+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Prahlad Devajibhai Shiyaniya ceased to be Director on 10 Mar 2025. Hirani Dilipbhai Mohanbhai was appointed as Director on 25 Jun 2021. Pravinchandra Keshavji Detroja was appointed as Director on 25 Jun 2021. Jai Ganesh Vitrified has 10 board changes on record in total.

Yes, Jai Ganesh Vitrified is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-32-0000002).

Jai Ganesh Vitrified can be reached through the website jaiganesh.co.in. Its registered office is in Morbi, Gujarat, India.