Lancer Ceramic Private Limited
About Lancer Ceramic Private Limited
Data last updated:
Lancer Ceramic Private Limited is a private limited company based in Ghuntu, Gujarat, India. It operates in the sanitaryware and tile segment of the manufacturing sector. It was incorporated on 04 May 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U26933GJ2009PTC056811. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹2.4 Cr and a paid-up capital of ₹2.31 Cr. It is led by directors including Rakeshkumar Chandubhai Charola and Ashokbhai Viramgama Laljibhai.
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. 808/P4 Nr. Shubh Ceramic Lakhdhirpur Road Tal. Morbi, Ghuntu, Gujarat, India – 363642.
As per the financials filed for FY 2020, the company reported a revenue of ₹26.28 Lakh, a decline of 74% compared to the previous year. For the same year it recorded a net profit of ₹19.87 Lakh (net margin 75.6%) and EBITDA of -₹1.33 Lakh (EBITDA margin -5.1%). Revenue has declined at a compounded annual rate (CAGR) of 69% over three years and 55% over five years.
The company has about 4 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2.85 Cr and satisfied charges of ₹1.55 Cr on record.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressSurvey No. 808/P4 Nr. Shubh Ceramic Lakhdhirpur Road Tal. Morbi, Ghuntu, Gujarat, India – 363642
- IndustryManufacturing, Sanitaryware & Tile, Ceramics
- 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
- One PDF report, delivered after checkout
Financials of Lancer Ceramic Private Limited FY 2025 filings available
Lancer Ceramic Private Limited reported revenue of ₹26.28 Lakh (down 74% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR) of Lancer Ceramic Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 55% over five years, including a 74% fall 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 of Lancer Ceramic Private Limited
| 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 | ₹26.28 Lakh | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹1.33 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹19.87 Lakh | •••• | •••• | •••• | •••• |
| 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 of Lancer Ceramic Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -5.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 75.6% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Lancer Ceramic are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Auditor Details of Lancer Ceramic Private Limited
Lancer Ceramic Private Limited is audited by CHAVDA & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| CHAVDA & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Lancer Ceramic Private Limited
Lancer Ceramic has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rakeshkumar Chandubhai Charola Also directs: Adon Ceramic LLP | Director | 04 May 2009 | 17 Years 5 Months | Current |
| Ashokbhai Viramgama Laljibhai Also directs: Troy Polyfab LLP | Director | 04 May 2009 | 17 Years 5 Months | Current |
| Rajesh Kumar Vasharambhai Aderoja | Director | 04 May 2009 | 17 Years 5 Months | Current |
| Mukeshkumar Bachulal Likhiya Also directs: Sostenible Cultura LLP | Director | 04 May 2009 | 17 Years 5 Months | Current |
Ownership and Shareholding of Lancer Ceramic Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Lancer Ceramic Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Nov 2009 | State Bank of India | ₹2.85 Cr | Open |
| 22 Oct 2009 | Others | ₹1.55 Cr | Satisfied |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Lancer Ceramic Private Limited
Employment history and EPFO contributions of people linked to Lancer Ceramic.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Lancer Ceramic Private Limited
Lancer Ceramic Private Limited has 4 board changes on record since 2009: 4 appointments. The latest: Ashokbhai Viramgama Laljibhai was appointed as Director on 04 May 2009.
Credit Ratings, Litigation & Regulatory Alerts for Lancer Ceramic Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Lancer Ceramic Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Lancer Ceramic Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Lancer Ceramic Private Limited
Lancer Ceramic has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Lancer Ceramic Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Lancer Ceramic Private Limited
Lancer Ceramic is an active private limited company based in Ghuntu, Gujarat, India. The company works in sanitaryware and tile, within the manufacturing industry. It was incorporated on 04 May 2009 (17+ years old) and is registered under CIN U26933GJ2009PTC056811.
Lancer Ceramic reported revenue of ₹26.28 Lakh for FY 2020 (down 74% YoY).
Lancer Ceramic has 4 current directors:
- Rakeshkumar Chandubhai Charola - Director
- Ashokbhai Viramgama Laljibhai - Director
- Rajesh Kumar Vasharambhai Aderoja - Director
- Mukeshkumar Bachulal Likhiya - Director
Lancer Ceramic reported a net profit of ₹19.87 Lakh (net margin 75.6%) and EBITDA of -₹1.33 Lakh (EBITDA margin -5.1%) for FY 2020, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Lancer Ceramic is -69% over three years and -55% over five years. In the latest year (FY 2020) revenue fell 74%. CAGR is the steady yearly rate that links the first and the last year.
No. Lancer Ceramic has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Lancer Ceramic is U26933GJ2009PTC056811. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lancer Ceramic was incorporated on 04 May 2009, making it 17+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Ashokbhai Viramgama Laljibhai was appointed as Director on 04 May 2009. Mukeshkumar Bachulal Likhiya was appointed as Director on 04 May 2009. Rajesh Kumar Vasharambhai Aderoja was appointed as Director on 04 May 2009. Lancer Ceramic has 4 board changes on record in total.
The registered office of Lancer Ceramic is at Survey No. 808P4 Nr. Shubh Ceramic Lakhdhirpur Road Tal. Morbi, Ghuntu, Gujarat, India – 363642.