- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-01-0002547

About Jalaram Ceramics Limited
Data last updated:
Jalaram Ceramics Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the ceramics segment of the manufacturing sector. It was incorporated on 17 February 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U26913GJ1995PLC024696. Its GSTIN is 24AAACJ4876E1ZN (Gujarat). The company holds 7 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹16 Cr and a paid-up capital of ₹14.06 Cr. It is led by directors including Ghanshyambhai Bhailalbhai Thakkar (Whole-Time Director) and Mukeshbhai Bhailalbhai Sachdev (Whole-Time Director).
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 Oceanpark, Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹54.7 Cr, a decline of 19% compared to the previous year. For the same year it recorded a net loss of ₹2.69 Cr (net margin -4.9%) and EBITDA of ₹5.25 Cr (EBITDA margin 9.6%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 9% over five years.
The company has about 17 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Kerastone. As per MCA filings, the company has open charges of ₹80.13 Cr and satisfied charges of ₹22.3 Cr on record. Court records list 172 cases involving the company, including 147 filed by the company and 25 filed against it; 37 cases are pending.
Jalaram Ceramics Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0002547). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website siddharthtiles.com.
Company details
Recognitions & Rankings of Jalaram Ceramics
Contact details
Jalaram Ceramics Limited's registered office is in Ahmedabad, Gujarat. Its website is siddharthtiles.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address511 – 512 Siromani 5 Thfloor Opp.Oceanpark S.M.Road Nr.Nehrunag, Ar Circle, Ahmedabad, Gujarat, India – 380015
- IndustryManufacturing, Ceramics, Sanitaryware & Tile
To see the full contact details of Jalaram Ceramics 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
Jalaram Ceramics operates one associated brand: KERASTONE. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers comprehensive solutions for ceramic outdoor tiles. | siddharthtiles.com |
Business activity
The main business activities of Jalaram Ceramics are manufacturing, trade and professional, scientific and technical. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities, wholesale trading and other professional, scientific and technical activities. 3 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | |
| G | Trade | G1 | Wholesale Trading | |
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Jalaram Ceramics Limited, buy the company report.
Financials of Jalaram Ceramics Limited
FY 2025 filings availableJalaram Ceramics Limited reported revenue of ₹54.7 Cr (down 19% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 19% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 9%. EBITDA fell 49% 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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| EBITDA | ₹5.25 Cr | ||||
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| Net Profit (PAT) | -₹2.69 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 9.6% | ||||
| Net Profit Margin | -4.9% | ||||
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To see the full financial statements and ratios of Jalaram Ceramics Limited, buy the company report.
Board of directors of Jalaram Ceramics Limited
Jalaram Ceramics has 4 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ghanshyambhai Bhailalbhai Thakkar | Whole-Time Director | 17 Feb 1995 | 31 Years 8 Months | Current |
| Girishbhai Bhailalbhai Thakkar Also directs: Frosstey Bites LLP | Director | 07 Sep 2020 | 6 Years 2 Months | Current |
| Mukeshbhai Bhailalbhai Sachdev | Whole-Time Director | 31 Jul 1995 | 31 Years 3 Months | Current |
| Ashutosh Ramanlal Thakkar | Director | 01 Nov 2021 | 5 Years 0 Months | Current |
Auditor
Jalaram Ceramics Limited is audited by S R Thadhani & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S R Thadhani & Co. | FY 2023 | 119707W |
Shareholding
The shareholding of Jalaram Ceramics 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 Jalaram Ceramics Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Oct 2024 | 100997964 | Others | ₹4.76 Cr | Open | |
| 23 Oct 2024 | 100991812 | Others | ₹9.62 Cr | Open | |
| 19 Oct 2020 | 100380913 | Others | ₹12.8 Lakh | Open | |
| 05 Mar 2016 | 100020540 | Others | ₹11.8 Lakh | Open | |
| 26 Mar 2015 | 10563651 | Union Bank of India | ₹2 Cr | Open |
To see the full charge records of Jalaram Ceramics Limited, buy the company report.
Total charge records: 13 View all charges
Legal cases
Jalaram Ceramics Limited has 172 court cases on record: 147 filed by Jalaram Ceramics, 25 filed against it. 37 cases are pending and 135 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 141 | 3 | 29 |
| High courts | 22 | 14 | 2 |
| NCLAT | 5 | 5 | 5 |
| Supreme Court | 3 | 2 | 1 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 172)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT New Delhi | Court case (Caveat) | Filed against the company by Akshar Blackrock LLP | Pending |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by Akshar Blackrock LLP | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by Akshar Blackrock LLP | Pending |
| District court, Ahmedabad, Gujarat | Court case (SMST S) | Filed by the company against M/S Nyati Builders Pvt Ltd | Pending |
| Bombay High Court | Court case (LPETN) | Filed against the company by Aum Adhesives Pvt. Ltd. | Pending |
To see the full case history of Jalaram Ceramics 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
Jalaram Ceramics Limited was last rated by Care on 28 Apr 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 28 Apr 2022 |
To see the full credit ratings and regulatory alerts of Jalaram Ceramics Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Jalaram Ceramics Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Jalaram Ceramics Limited has a workforce of 17 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
Jalaram Ceramics has 7 GST registrations: 1 active and 6 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACJ4876E1ZN | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Jalaram Ceramics Limited, buy the company report.
Recent activity
Jalaram Ceramics Limited has 13 board changes on record since 1995: 4 appointments and 9 cessations. The latest: Ashutosh Ramanlal Thakkar ceased to be Additional Director on 30 Sep 2022.
25 earlier events are in the company report.
Frequently asked questions
Jalaram Ceramics is an active public limited company based in Ahmedabad, Gujarat, India. The company works in ceramics, within the manufacturing industry. It was incorporated on 17 February 1995 (31+ years old) and is registered under CIN U26913GJ1995PLC024696.
Jalaram Ceramics has 4 current directors:
- Ghanshyambhai Bhailalbhai Thakkar - Whole-Time Director
- Mukeshbhai Bhailalbhai Sachdev - Whole-Time Director
- Girishbhai Bhailalbhai Thakkar - Director
- Ashutosh Ramanlal Thakkar - Director
The latest financial statements of Jalaram Ceramics 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 Jalaram Ceramics is 24AAACJ4876E1ZN, registered in Gujarat. The company has 7 GST registrations in all, of which 1 is active and 6 are cancelled or inactive.
The CIN (Corporate Identification Number) of Jalaram Ceramics is U26913GJ1995PLC024696. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Jalaram Ceramics has 172 court cases on record: 147 filed by the company and 25 filed against it. 37 are pending. Most are in the district courts.
Jalaram Ceramics was incorporated on 17 February 1995, making it 31+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Ashutosh Ramanlal Thakkar ceased to be Additional Director on 30 Sep 2022. Ashutosh Ramanlal Thakkar was appointed as Director on 01 Nov 2021. Girishbhai Bhailalbhai Thakkar was appointed as Director on 07 Sep 2020. Jalaram Ceramics has 13 board changes on record in total.
Yes, Jalaram Ceramics is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-01-0002547).
Jalaram Ceramics can be reached through the website siddharthtiles.com. Its registered office is in Ahmedabad, Gujarat, India.

