Latin Sanitaryware LLP
About Latin Sanitaryware LLP
Data last updated:
Latin Sanitaryware LLP is a limited liability partnership (LLP) based in Surendranagar, Gujarat, India. It operates in the ceramics, sanitaryware and tile segment of the manufacturing sector. It was incorporated on 12 December 2017 and has been in existence for over 9 years.
The LLP is registered with the Registrar of Companies (ROC), Ahmedabad, under LLPIN AAL-3767. Its GSTIN is 24AAHFL3508K1ZC (Gujarat).
The LLP has a total obligation of contribution of ₹2.75 Cr. It is led by designated partners including Jitendra Jivrajbhai Sherasiya and Chintan Narbheram Kanani.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at Survey No. 229P1/1/P1/P1 Village: Navagam(Than) Taluka: Thangadh, Surendranagar, Gujarat, India – 363530.
As per the financials filed for FY 2023, the LLP reported a revenue of ₹5.6 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹8.4 Lakh (net margin 1.5%) and EBITDA of ₹48.47 Lakh (EBITDA margin 8.7%). Revenue has grown at a compounded annual rate (CAGR) of 45% over three years.
The LLP has about 6 employees on its provident fund (EPFO) records.
As per MCA filings, the LLP has open charges of ₹3.28 Cr and satisfied charges of ₹2.52 Cr on record.
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- Registered AddressSurvey No. 229P1/1/P1/P1 Village: Navagam(Than) Taluka: Thangadh, Surendranagar, Gujarat, India – 363530
- IndustryManufacturing, Ceramics, Sanitaryware & Tile
- 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 Latin Sanitaryware LLP FY 2025 filings available
Latin Sanitaryware LLP reported revenue of ₹5.6 Cr (up 14% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Latin Sanitaryware LLP
Revenue has grown at a compounded annual rate (CAGR) of 45% over three years, including 14% growth 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 Latin Sanitaryware LLP
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Income and Expenditure | |||||
| Turnover | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Income | •••• | •••• | •••• | •••• | •••• |
| Purchases and Direct Costs | •••• | •••• | •••• | •••• | •••• |
| Personnel Expenses | •••• | •••• | •••• | •••• | •••• |
| Administrative Expenses | •••• | •••• | •••• | •••• | •••• |
| Interest | •••• | •••• | •••• | •••• | •••• |
| Depreciation | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax | •••• | •••• | •••• | •••• | •••• |
| Profit After Tax | ₹8.4 Lakh | •••• | •••• | •••• | •••• |
| Profit Transferred to Partners | •••• | •••• | •••• | •••• | •••• |
| Assets and Liabilities | |||||
| Partners' Contribution | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Secured Loans | •••• | •••• | •••• | •••• | •••• |
| Unsecured Loans | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Other Liabilities and Provisions | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Loans and Advances | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Latin Sanitaryware LLP
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | 1.5% | •••• | •••• | •••• | •••• |
| Return on Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Return on Assets | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt to Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Turnover Growth | •••• | •••• | •••• | •••• | •••• |
| 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 8. The full year-wise statements and ratios of Latin Sanitaryware are in the company report.
Financial statements from FY 2018
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.
Designated Partners of Latin Sanitaryware LLP
Latin Sanitaryware has 7 current designated partners and 6 former designated partners. Current designated partners are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jitendra Jivrajbhai Sherasiya Also directs: Coral Ceramic Private Limited | Partner | 20 Nov 2023 | 2 Years 10 Months | Current |
| Chintan Narbheram Kanani | Designated Partner | 18 Feb 2021 | 5 Years 7 Months | Current |
| Vipul Chhaganbhai Kanani | Designated Partner | 18 Feb 2021 | 5 Years 7 Months | Current |
| Chetan Gadara | Designated Partner | 12 Dec 2017 | 8 Years 9 Months | Current |
| Mansukhbhai Savjibhai Sherashiya | Partner | 20 Nov 2023 | 2 Years 10 Months | Current |
| Dharmeshbhai Valjibhai Kankasaniya | Designated Partner | 25 Sep 2023 | 3 Years 0 Months | Current |
Ownership and Shareholding of Latin Sanitaryware LLP
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 Latin Sanitaryware LLP
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Dec 2023 | Bank of India | ₹3.28 Cr | Open |
| 30 Nov 2018 | State Bank of India | ₹2.52 Cr | Satisfied |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Latin Sanitaryware LLP
Latin Sanitaryware LLP has a workforce of 6 employees as of Apr 05, 2024.
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 Latin Sanitaryware LLP
Latin Sanitaryware LLP has 13 designated partner changes on record since 2017: 7 appointments and 6 cessations. The latest: Chetan Gadara ceased to be Designated Partner on 20 Nov 2023.
9 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Latin Sanitaryware LLP
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 Latin Sanitaryware LLP
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 Latin Sanitaryware LLP
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 Latin Sanitaryware LLP
Latin Sanitaryware has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAHFL3508K1ZC | Gujarat | Active | 26 Mar 2018 |
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 Latin Sanitaryware LLP
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 Latin Sanitaryware LLP
Latin Sanitaryware is an active limited liability partnership based in Surendranagar, Gujarat, India. The LLP works in ceramics, sanitaryware and tile, within the manufacturing industry. It was incorporated on 12 December 2017 (9+ years old) and is registered under LLPIN AAL-3767.
Latin Sanitaryware reported revenue of ₹5.6 Cr for FY 2023 (up 14% YoY).
Latin Sanitaryware has 7 current designated partners:
- Jitendra Jivrajbhai Sherasiya - Partner
- Chintan Narbheram Kanani - Designated Partner
- Vipul Chhaganbhai Kanani - Designated Partner
- Chetan Gadara - Designated Partner
- Mansukhbhai Savjibhai Sherashiya - Partner
- Dharmeshbhai Valjibhai Kankasaniya - Designated Partner
- Nileshbhai Makanbhai Bhalodiya - Designated Partner
Latin Sanitaryware reported a net profit of ₹8.4 Lakh (net margin 1.5%) and EBITDA of ₹48.47 Lakh (EBITDA margin 8.7%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Latin Sanitaryware is 45% over three years. In the latest year (FY 2023) revenue rose 14%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Latin Sanitaryware is 24AAHFL3508K1ZC, registered in Gujarat.
The LLPIN (Limited Liability Partnership Identification Number) of Latin Sanitaryware is AAL-3767. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Latin Sanitaryware was incorporated on 12 December 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Chetan Gadara ceased to be Designated Partner on 20 Nov 2023. Chintan Narbheram Kanani ceased to be Designated Partner on 20 Nov 2023. Jitendra Jivrajbhai Sherasiya was appointed as Partner on 20 Nov 2023. Latin Sanitaryware has 13 designated partner changes on record in total.
The registered office of Latin Sanitaryware is at Survey No. 229P11P1P1 Village: NavagamThan Taluka: Thangadh, Surendranagar, Gujarat, India – 363530.