Latigres Vitrified Private Limited

Latigres Vitrified Private Limited - manufacturing in Jambudiya, Gujarat, India. FY 2026 financials & compliance.
CIN U26933GJ2010PTC060719 Incorporated 14 May 2010 ROC Ahmedabad HQ Jambudiya, Gujarat, India
Active Private Limited Company manufacturing MSME · Medium
Data last updated
Revenue · FY 2025
₹59.71 Cr
▼ 8% YoY
Net profit · FY 2025
₹4.23 Lakh
Net margin 0.1%
EBITDA · FY 2025
₹3.61 Cr
EBITDA margin 6%
Authorised capital
₹11.25 Cr
Registered with MCA
Paid-up capital
₹11 Cr
Issued & subscribed
Open charges
₹27.58 Cr
Satisfied ₹36.97 Cr
Company age
16 yrs
Est. 2010
Employees · EPFO
15
Provident fund records

About Latigres Vitrified Private Limited

Data last updated:

Latigres Vitrified Private Limited is a private limited company based in Jambudiya, Gujarat, India. It operates in the ceramics segment of the manufacturing sector. It was incorporated on 14 May 2010 and has been in existence for over 16 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U26933GJ2010PTC060719. Its GSTIN is 24AABCL7816K1ZD (Gujarat).

The company has an authorised share capital of ₹11.25 Cr and a paid-up capital of ₹11 Cr. It was formerly known as Letina Vitrified Private Limited. It is led by directors including Hasmukhbhai Narshibhai Ughareja and Mukeshbhai Narshibhai Ughareja.

Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at S. No. 135/1 B/H. Lalpar 132 Kva Power House N.H. 8A Tal. Morbi, Jambudiya, Gujarat, India – 363642.

As per the financials filed for FY 2025, the company reported a revenue of ₹59.71 Cr, a decline of 8% compared to the previous year. For the same year it recorded a net profit of ₹4.23 Lakh (net margin 0.1%) and EBITDA of ₹3.61 Cr (EBITDA margin 6%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 1% over five years.

The company has about 15 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Latigres. As per MCA filings, the company has open charges of ₹27.58 Cr and satisfied charges of ₹36.97 Cr on record. Court records list 10 cases involving the company, including 7 filed by the company and 3 filed against it.

Latigres Vitrified Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-32-0000293). The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website latigres.in.

Company details

CIN U26933GJ2010PTC060719
Registration Number 060719
Incorporation Date 14 May 2010
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 25 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Non-Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-32-0000293
Key People
Hasmukhbhai Narshibhai Ughareja Director Mukeshbhai Narshibhai Ughareja Director Hiteshbhai Narshibhai Ughareja Director

Recognitions & Rankings of Latigres Vitrified

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-GJ-32-0000293

Contact details

Latigres Vitrified Private Limited's registered office is in Jambudiya, Gujarat. Its website is latigres.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    latigres.in
  • Registered Address
    S. No. 135/1 B/H. Lalpar 132 Kva Power House N.H. 8A Tal. Morbi, Jambudiya, Gujarat, India – 363642
  • Industry
    Manufacturing, Ceramics, Sanitaryware & Tile

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

Comprehensive company report
Latigres 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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Brands

Latigres Vitrified operates one associated brand: Latigres. Each brand links to its own profile.

BrandDescriptionWebsite
Latigres
Delivers high-quality double charged vitrified tiles for various construction applications.latigres.in

Business activity

The main business activity of Latigres 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 Latigres Vitrified Private Limited, buy the company report.

Financials of Latigres Vitrified Private Limited

FY 2025 filings available

Latigres Vitrified Private Limited reported revenue of ₹59.71 Cr (down 8% YoY) for FY 2025.

Revenue · FY 2025
₹59.71 Cr ▼ 8%
Net profit · FY 2025
₹4.23 Lakh margin 0.1%
EBITDA · FY 2025
₹3.61 Cr margin 6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 8%
3 years · compounded
▼ 1%
5 years · compounded
▲ 1%
EBITDA CAGR growth
1 year
▼ 12%
3 years · compounded
▼ 15%
5 years · compounded
▼ 12%

Revenue fell 8% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA fell 12% 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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹3.61 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹4.23 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin6%
Net Profit Margin0.1%
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 Latigres Vitrified Private Limited, buy the company report.

Board of directors of Latigres Vitrified Private Limited

Latigres Vitrified has 3 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Hasmukhbhai Narshibhai Ughareja
Also directs: Letic Vitrified Private Limited
Director14 May 201016 Years 5 MonthsCurrent
Mukeshbhai Narshibhai Ughareja
Also directs: Letic Vitrified Private Limited
Director14 May 201016 Years 5 MonthsCurrent
Hiteshbhai Narshibhai Ughareja
Also directs: Letic Vitrified Private Limited
Director14 May 201016 Years 5 MonthsCurrent
View all directors

Peer comparison

Latigres Vitrified 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Laffans Granito Private Limited₹60.6 Cr (FY 2025)10.0%Jivapar Chakampar, Gujarat, India
Ambani Vitrified Private Limited₹60.58 Cr (FY 2025)-23.0%Gujarat, India
Latigres Vitrified Private Limitedthis company₹59.71 Cr (FY 2025)₹4.23 Lakh0.1%-8.0%15Jambudiya, Gujarat, India
Shreem Vitrified Private Limited₹58.85 Cr (FY 2025)-14.0%Ghuntu, Gujarat, India
Antila Ceramic Private Limited₹58.76 Cr (FY 2025)4.0%Bela Rangpar, Gujarat, India

To see the full peer comparison of Latigres Vitrified Private Limited, buy the company report.

Auditor

Latigres Vitrified Private Limited is audited by K.R.MEHTA & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
K.R.MEHTA & ASSOCIATESFY 20230143370W

Shareholding

The shareholding of Latigres Vitrified 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

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

Charges & borrowings

Open charges
₹27.58 Cr
Satisfied charges
₹36.97 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹27.58 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
30 Nov 2020100390294Hdfc Bank Limited₹27.58 CrOpen
12 Apr 2016100020434Others₹36.97 CrSatisfied

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

Total charge records: 2 View all charges

MSME payment delays

Latigres Vitrified Private Limited has 2 MSME Form 1 returns on record between 2018 and 2019, listing 239 overdue payments to 17 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 17)

SupplierAmount dueDue sinceReported on
Techno Pack Morbi
Double Nine Hitech Ceramic Technology Morbi
Inco Colours (India) P Ltde
an individual supplier
an individual supplier

To see the full MSME payment records of Latigres Vitrified Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Latigres Vitrified Private Limited has a workforce of 15 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.

Employee count
15
Active EPFO establishments
1
Employee growth
-16.67%

GST

Latigres Vitrified has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AABCL7816K1ZDGujaratActive01 Jul 2017

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

Recent activity

Latigres Vitrified Private Limited has 3 board changes on record since 2010: 3 appointments. The latest: Hasmukhbhai Narshibhai Ughareja was appointed as Director on 14 May 2010.

AGM
Latigres Vitrified Private Limited last Annual general meeting of members was held on 25 Sep 2025 as per latest MCA records.
Filing
Latigres Vitrified Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Hdfc Bank Limited of Rs. 27.58 Cr registered on 30 Nov 2020 with Charge ID 100390294 was modified on 22 Feb 2022.
Charges
A charge registered on 12 Apr 2016 via Charge ID 100020434 with Others was fully satisfied on 07 Dec 2020.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 27.58 Cr with Charge ID 100390294 was registered on 30 Nov 2020.
Charges
A charge with Others of Rs. 36.97 Cr registered on 12 Apr 2016 with Charge ID 100020434 was modified on 29 Jul 2020.
Charges
A charge with Others amounted to Rs. 36.97 Cr with Charge ID 100020434 was registered on 12 Apr 2016.
Appointed
Hasmukhbhai Narshibhai Ughareja was appointed as Director.
Appointed
Hiteshbhai Narshibhai Ughareja was appointed as Director.
Appointed
Mukeshbhai Narshibhai Ughareja was appointed as Director.
Incorporation
14 May 2010
Latigres Vitrified Private Limited was registered on 14 May 2010 with Roc Ahmedabad & aged 16 years 5 months as per MCA records.

Frequently asked questions

Latigres Vitrified is an active private limited company based in Jambudiya, Gujarat, India. The company works in ceramics, within the manufacturing industry. It was incorporated on 14 May 2010 (16+ years old) and is registered under CIN U26933GJ2010PTC060719.

Latigres Vitrified has 3 current directors:

The latest financial statements of Latigres Vitrified on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Latigres Vitrified is 24AABCL7816K1ZD, registered in Gujarat.

The CIN (Corporate Identification Number) of Latigres Vitrified is U26933GJ2010PTC060719. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Latigres Vitrified has 10 court cases on record: 7 filed by the company and 3 filed against it. Most are in the district courts.

Latigres Vitrified was incorporated on 14 May 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ahmedabad.

The peers of Latigres Vitrified by revenue are Laffans Granito Private Limited, Ambani Vitrified Private Limited, Shreem Vitrified Private Limited, Antila Ceramic 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).

Hasmukhbhai Narshibhai Ughareja was appointed as Director on 14 May 2010. Hiteshbhai Narshibhai Ughareja was appointed as Director on 14 May 2010. Mukeshbhai Narshibhai Ughareja was appointed as Director on 14 May 2010.

Yes, Latigres Vitrified is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-32-0000293).

Latigres Vitrified has 2 MSME Form 1 returns on record between 2018 and 2019, listing 239 overdue payments to 17 micro and small suppliers. The latest return was filed on 07 Jun 2019.

Latigres Vitrified can be reached through the website latigres.in. Its registered office is in Jambudiya, Gujarat, India.