MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-32-0006870
Lavish Granito Private Limited - manufacturing in Morbi, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹453.07 Cr
▲ 1% YoY
Net profit · FY 2025
₹10.5 Cr
Net margin 2.3%
EBITDA · FY 2025
₹29.03 Cr
EBITDA margin 6.4%
Authorised capital
₹16.5 Cr
Registered with MCA
Paid-up capital
₹16.4 Cr
Issued & subscribed
Open charges
₹106.13 Cr
Secured borrowings
Company age
12 yrs
Est. 2014
Employees · EPFO
11
Provident fund records
About Lavish Granito Private Limited
Data last updated:
Lavish Granito 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 20 October 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U26933GJ2014PTC081085. Its GSTIN is 24AACCL7636A1ZV (Gujarat).
The company has an authorised share capital of ₹16.5 Cr and a paid-up capital of ₹16.4 Cr. It is led by directors including Bhavik Vasantbhai Santoki and Jitendra Parshottambhai Rojmala.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Survey No. 127/1 P2P1 135/2 P1 And 135/2 P2 Village: Unchi Mandal, Morbi, Gujarat, India – 363641.
As per the financials filed for FY 2025, the company reported a revenue of ₹453.07 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹10.5 Cr (net margin 2.3%) and EBITDA of ₹29.03 Cr (EBITDA margin 6.4%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 18% over five years.
The company has about 11 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Lavish Ceramics. As per MCA filings, the company has open charges of ₹106.13 Cr on record. Court records list 17 cases involving the company, including 16 filed by the company and 1 filed against it; 2 cases are pending. The company has 8 deals on record (7 secondary share transfers, 1 funding round), with disclosed funding of ₹16.39 Cr; the latest was in September 2022. Its 4 peer companies 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) are compared by revenue, 2 larger and 2 smaller; the largest is Qutone Ceramic Private Limited with revenue of ₹502.71 Cr.
Lavish Granito Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-32-0006870). 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 lavishceramics.com.
Company details
CIN U26933GJ2014PTC081085
Registration Number 081085
Incorporation Date 20 October 2014
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Non-Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-32-0006870
Key People
Bhavik Vasantbhai Santoki Director Jitendra Parshottambhai Rojmala Director Vivek Dhirajlal Rojmala Director Recognitions & Rankings of Lavish Granito
Contact details
Lavish Granito Private Limited's registered office is in Morbi, Gujarat. Its website is lavishceramics.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSurvey No. 127/1 P2P1 135/2 P1 And 135/2 P2 Village: Unchi Mandal, Morbi, Gujarat, India – 363641
- IndustryManufacturing, Ceramics, Sanitaryware & Tile
To see the full contact details of Lavish Granito Private Limited, buy the company report.
Comprehensive company report
Lavish Granito 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
Lavish Granito operates one associated brand: Lavish Ceramics. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures and exports high-quality tiles for global markets. | lavishceramics.com |
Business activity
The main business activity of Lavish Granito is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Lavish Granito Private Limited, buy the company report.
Financials of Lavish Granito Private Limited
FY 2024 filings availableLavish Granito Private Limited reported revenue of ₹453.07 Cr (up 1% YoY) for FY 2025.
Revenue · FY 2025
₹453.07 Cr ▲ 1%
Net profit · FY 2025
₹10.5 Cr margin 2.3%
EBITDA · FY 2025
₹29.03 Cr margin 6.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 1%
3 years · compounded
▲ 19%
5 years · compounded
▲ 18%
EBITDA CAGR growth
1 year
▼ 5%
3 years · compounded
▲ 21%
5 years · compounded
▲ 12%
Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 1% growth in the latest year. EBITDA fell 5% 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 |
|---|---|---|---|---|---|
| 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 | ₹29.03 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹10.5 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.4% | ||||
| Net Profit Margin | 2.3% | ||||
| 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 Lavish Granito Private Limited, buy the company report.
Board of directors of Lavish Granito Private Limited
Lavish Granito has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhavik Vasantbhai Santoki | Director | 10 Jun 2016 | 10 Years 4 Months | Current |
| Jitendra Parshottambhai Rojmala Also directs: Luxgres Ceramica LLP | Director | 20 Oct 2014 | 12 Years 0 Months | Current |
| Vivek Dhirajlal Rojmala Also directs: Luxgres Ceramica LLP | Director | 10 Jun 2016 | 10 Years 4 Months | Current |
| Dharmendra Bharatbhai Kaila | Director | 20 Oct 2014 | 12 Years 0 Months | Current |
Peer comparison
Lavish Granito 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Qutone Ceramic Private Limited | ₹502.71 Cr (FY 2025) | 16.0% | Dhuva, Gujarat, India | |||
| Comet Granito Private Limited | ₹480.56 Cr (FY 2024) | -26.0% | Nava Jambudia, Gujarat, India | |||
| Lavish Granito Private Limitedthis company | ₹453.07 Cr (FY 2025) | ₹10.5 Cr | 2.3% | 1.0% | 11 | Morbi, Gujarat, India |
| Itaca Ceramic Private Limited | ₹449.8 Cr (FY 2025) | -10.0% | Lalpar, Gujarat, India | |||
| Nexion Surfaces Private Limited | ₹423.4 Cr (FY 2024) | 22.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Lavish Granito Private Limited, buy the company report.
Auditor
Lavish Granito Private Limited is audited by D. V. BAKRANIA & ASSOCIATES for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D. V. BAKRANIA & ASSOCIATES | FY 2024 | 127116W |
Shareholding
The shareholding of Lavish Granito Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | 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 Lavish Granito Private Limited, buy the company report.
Charges & borrowings
Open charges
₹106.13 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Jul 2015 | 10583432 | Others | ₹106.13 Cr | Open |
To see the full charge records of Lavish Granito Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Lavish Granito Private Limited has 8 deals on record (7 secondary share transfers, 1 funding round), with disclosed funding of ₹16.39 Cr; the latest was in September 2022.
Total deals
8
Secondary share transfers
7
Funding round
1
Disclosed funding
₹16.39 Cr
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Sep 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| May 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 3 individuals |
| Sep 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of Lavish Granito Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Lavish Granito Private Limited has 17 court cases on record: 16 filed by Lavish Granito, 1 filed against it. 2 cases are pending and 15 are disposed.
Total cases
17
Filed by the company
16
Filed against the company
1
Pending
2
Disposed
15
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 16 | 0 | 2 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Special civil application | Filed against the company by M/S Levita Granito LLP and 161 others | Disposed |
| District court, MORBI, Gujarat | Commercial matter | Filed by the company against individuals | Pending |
| District court, MORBI, Gujarat | Commercial matter | Filed by the company against individuals | Pending |
| District court, MORBI, Gujarat | Commercial matter | Filed by the company against Sunheart Sales Corporation and 1 other | Disposed |
| District court, MORBI, Gujarat | Court case (CR EN) | Filed by the company against individuals | Disposed |
To see the full case history of Lavish Granito Private 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
Lavish Granito Private Limited was last rated by Crisil on 29 Jul 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 29 Jul 2020 |
To see the full credit ratings and regulatory alerts of Lavish Granito Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Lavish Granito Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Lavish Granito Private Limited has a workforce of 11 employees on its EPFO records as of Jul 22, 2025, across 1 active EPFO establishment.
Employee count
11
Active EPFO establishments
1
GST
Lavish Granito has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCL7636A1ZV | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Lavish Granito Private Limited, buy the company report.
Recent activity
Lavish Granito Private Limited has 7 board changes on record since 2014: 4 appointments and 3 cessations. The latest: Bhavik Vasantbhai Santoki was appointed as Director on 10 Jun 2016.
Charges
A charge with Others of Rs. 106.13 Cr registered on 15 Jul 2015 with Charge ID 10583432 was modified on 16 Jun 2025.
AGM
Lavish Granito Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Lavish Granito Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Appointed
Bhavik Vasantbhai Santoki was appointed as Director.
Appointed
Vivek Dhirajlal Rojmala was appointed as Director.
Ceased
Gunvanjbhai Chhaganbhai Likhiya ceased to be Director.
Ceased
Tarunbhai Chandrakantbhai Likhiya ceased to be Director.
Ceased
Vipulbhai Dhirajlal Detroja ceased to be Director.
Charges
A charge with Others amounted to Rs. 106.13 Cr with Charge ID 10583432 was registered on 15 Jul 2015.
Appointed
Dharmendra Bharatbhai Kaila was appointed as Director.
Appointed
Jitendra Parshottambhai Rojmala was appointed as Director.
Incorporation
20 Oct 2014
Lavish Granito Private Limited was registered on 20 Oct 2014 with Roc Ahmedabad & aged 12 years 13 days as per MCA records.
Frequently asked questions
Lavish Granito is an active private limited company based in Morbi, Gujarat, India. The company works in ceramics, within the manufacturing industry. It was incorporated on 20 October 2014 (12+ years old) and is registered under CIN U26933GJ2014PTC081085.
Lavish Granito has 4 current directors:
- Bhavik Vasantbhai Santoki - Director
- Jitendra Parshottambhai Rojmala - Director
- Vivek Dhirajlal Rojmala - Director
- Dharmendra Bharatbhai Kaila - Director
The latest financial statements of Lavish Granito on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Lavish Granito is 24AACCL7636A1ZV, registered in Gujarat.
The CIN (Corporate Identification Number) of Lavish Granito is U26933GJ2014PTC081085. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lavish Granito has 17 court cases on record: 16 filed by the company and 1 filed against it. 2 are pending. Most are in the district courts.
Lavish Granito was incorporated on 20 October 2014, making it 12+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Lavish Granito has 8 deals on record (7 secondary share transfers, 1 funding round), with disclosed funding of ₹16.39 Cr; the latest was in September 2022.
The peers of Lavish Granito by revenue are Qutone Ceramic Private Limited, Comet Granito Private Limited, Itaca Ceramic Private Limited, Nexion Surfaces 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).
Bhavik Vasantbhai Santoki was appointed as Director on 10 Jun 2016. Vivek Dhirajlal Rojmala was appointed as Director on 10 Jun 2016. Gunvanjbhai Chhaganbhai Likhiya ceased to be Director on 16 May 2016. Lavish Granito has 7 board changes on record in total.
Yes, Lavish Granito is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-32-0006870).
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