MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-32-0002167
LGF Vitrified Private Limited - manufacturing in Morbi, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹60.77 Cr
▼ 16% YoY
Net profit · FY 2025
₹27.93 Lakh
Net margin 0.5%
EBITDA · FY 2025
₹2.79 Cr
EBITDA margin 4.6%
Authorised capital
₹13 Cr
Registered with MCA
Paid-up capital
₹13 Cr
Issued & subscribed
Open charges
₹22.61 Cr
Secured borrowings
Company age
12 yrs
Est. 2014
Employees · EPFO
8
Provident fund records
About LGF Vitrified Private Limited
Data last updated:
LGF Vitrified 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 22 December 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U26933GJ2014PTC081617. Its GSTIN is 24AACCL7846C1ZN (Gujarat).
The company has an authorised share capital of ₹13 Cr and a paid-up capital of ₹13 Cr. It is led by directors including Damjibhai Devjibhai Patel and Mayurbhai Vasantbhai Godhani.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Survey No. 358 Village: Rangpar, Morbi, Gujarat, India – 363641.
As per the financials filed for FY 2025, the company reported a revenue of ₹60.77 Cr, a decline of 16% compared to the previous year. For the same year it recorded a net profit of ₹27.93 Lakh (net margin 0.5%) and EBITDA of ₹2.79 Cr (EBITDA margin 4.6%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 10% over five years.
The company has about 8 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: LGF Vitrified. As per MCA filings, the company has open charges of ₹22.61 Cr on record. Court records list 5 cases involving the company, including 5 filed by the company; 1 case is pending. The company has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in March 2017. 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 Heelcera Tiles Private Limited with revenue of ₹61.91 Cr.
LGF Vitrified Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-32-0002167). 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 lgfvitrified.in.
Company details
CIN U26933GJ2014PTC081617
Registration Number 081617
Incorporation Date 22 December 2014
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Non-Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-32-0002167
Key People
Damjibhai Devjibhai Patel Director Mayurbhai Vasantbhai Godhani Director Shrikant Manilal Paija Director Recognitions & Rankings of LGF Vitrified
Contact details
LGF Vitrified Private Limited's registered office is in Morbi, Gujarat. Its website is lgfvitrified.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSurvey No. 358 Village: Rangpar, Morbi, Gujarat, India – 363641
- IndustryManufacturing, Ceramics, Sanitaryware & Tile
To see the full contact details of LGF Vitrified Private Limited, buy the company report.
Comprehensive company report
LGF 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
LGF Vitrified operates one associated brand: LGF Vitrified. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures high-quality GVT and PGVT vitrified tiles for domestic and export markets. | lgfvitrified.in |
Business activity
The main business activity of LGF Vitrified 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 LGF Vitrified Private Limited, buy the company report.
Financials of LGF Vitrified Private Limited
FY 2025 filings availableLGF Vitrified Private Limited reported revenue of ₹60.77 Cr (down 16% YoY) for FY 2025.
Revenue · FY 2025
₹60.77 Cr ▼ 16%
Net profit · FY 2025
₹27.93 Lakh margin 0.5%
EBITDA · FY 2025
₹2.79 Cr margin 4.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 16%
3 years · compounded
▲ 3%
5 years · compounded
▲ 10%
EBITDA CAGR growth
1 year
▼ 23%
3 years · compounded
▼ 16%
5 years · compounded
▼ 15%
Revenue fell 16% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 10%. EBITDA fell 23% 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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| Total Expenses | |||||
| EBITDA | ₹2.79 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹27.93 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.6% | ||||
| Net Profit Margin | 0.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of LGF Vitrified Private Limited, buy the company report.
Board of directors of LGF Vitrified Private Limited
LGF Vitrified has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Damjibhai Devjibhai Patel | Director | 17 Mar 2015 | 11 Years 7 Months | Current |
| Mayurbhai Vasantbhai Godhani Also directs: Nessa Vitrified LLP, Keo Global Industries LLP | Director | 17 Mar 2015 | 11 Years 7 Months | Current |
| Shrikant Manilal Paija Also directs: Kingwin Colour LLP | Director | 21 Aug 2017 | 9 Years 2 Months | Current |
| Dipak Jerambhai Kotadia | Director | 21 Aug 2017 | 9 Years 2 Months | Current |
Peer comparison
LGF 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Heelcera Tiles Private Limited | ₹61.91 Cr (FY 2025) | -14.0% | Ghuntu, Gujarat, India | |||
| Astonia Ceramic Private Limited | ₹60.94 Cr (FY 2025) | 36.0% | Bela Rangpar, Gujarat, India | |||
| LGF Vitrified Private Limitedthis company | ₹60.77 Cr (FY 2025) | ₹27.93 Lakh | 0.5% | -16.0% | 8 | Morbi, Gujarat, India |
| 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 |
To see the full peer comparison of LGF Vitrified Private Limited, buy the company report.
Auditor
LGF Vitrified Private Limited is audited by FINAVA & COMPANY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| FINAVA & COMPANY | FY 2023 | 128592W |
Shareholding
The shareholding of LGF 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 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 LGF Vitrified Private Limited, buy the company report.
Charges & borrowings
Open charges
₹22.61 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Aug 2015 | 10588399 | Others | ₹22.61 Cr | Open |
To see the full charge records of LGF Vitrified Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
LGF Vitrified Private Limited has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in March 2017.
Total deals
2
Rights issue
1
Secondary share transfer
1
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: Nikunj Damjibhai Paija HUF, 3 individuals Seller: 4 individuals |
| Mar 2015 | Rights issue | ₹12.99 Cr | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
LGF Vitrified Private Limited has 5 court cases on record: 5 filed by LGF Vitrified. 1 case is pending and 4 are disposed.
Total cases
5
Filed by the company
5
Pending
1
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 0 | 1 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, MORBI, Gujarat | Criminal complaint | Filed by the company against an individual | Pending |
| High Court of Gujarat | Special civil application | Filed by the company against State of Gujarat | Disposed |
| District court, MORBI, Gujarat | Criminal miscellaneous application | Filed by the company against an individual | Disposed |
| District court, MORBI, Gujarat | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, MORBI, Gujarat | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of LGF Vitrified 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
LGF Vitrified Private Limited was last rated by Brickwork on 29 Mar 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 29 Mar 2022 |
To see the full credit ratings and regulatory alerts of LGF Vitrified Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for LGF Vitrified Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
LGF Vitrified Private Limited has a workforce of 8 employees on its EPFO records as of Mar 27, 2024, across 1 active EPFO establishment.
Employee count
8
Active EPFO establishments
1
GST
LGF Vitrified has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCL7846C1ZN | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of LGF Vitrified Private Limited, buy the company report.
Recent activity
LGF Vitrified Private Limited has 6 board changes on record since 2015: 4 appointments and 2 cessations. The latest: Dinesh Kantilal Ghodasara ceased to be Director on 21 Nov 2017.
AGM
Lgf Vitrified Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Filing
Lgf Vitrified Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others of Rs. 22.61 Cr registered on 31 Aug 2015 with Charge ID 10588399 was modified on 07 Dec 2021.
Ceased
Dinesh Kantilal Ghodasara ceased to be Director.
Ceased
Ramniklal Kantilal Ghodasara ceased to be Director.
Appointed
Dipak Jerambhai Kotadia was appointed as Director.
Appointed
Shrikant Manilal Paija was appointed as Director.
Charges
A charge with Others amounted to Rs. 22.61 Cr with Charge ID 10588399 was registered on 31 Aug 2015.
Appointed
Damjibhai Devjibhai Patel was appointed as Director.
Appointed
Mayurbhai Vasantbhai Godhani was appointed as Director.
Incorporation
22 Dec 2014
Lgf Vitrified Private Limited was registered on 22 Dec 2014 with Roc Ahmedabad & aged 11 years 10 months as per MCA records.
Frequently asked questions
LGF Vitrified is an active private limited company based in Morbi, Gujarat, India. The company works in ceramics, within the manufacturing industry. It was incorporated on 22 December 2014 (12+ years old) and is registered under CIN U26933GJ2014PTC081617.
LGF Vitrified has 4 current directors:
- Damjibhai Devjibhai Patel - Director
- Mayurbhai Vasantbhai Godhani - Director
- Shrikant Manilal Paija - Director
- Dipak Jerambhai Kotadia - Director
The latest financial statements of LGF Vitrified on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of LGF Vitrified is 24AACCL7846C1ZN, registered in Gujarat.
The CIN (Corporate Identification Number) of LGF Vitrified is U26933GJ2014PTC081617. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
LGF Vitrified has 5 court cases on record: 5 filed by the company. 1 is pending. Most are in the district courts.
LGF Vitrified was incorporated on 22 December 2014, making it 12+ years old. It is registered with the Registrar of Companies, Ahmedabad.
LGF Vitrified has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in March 2017.
The peers of LGF Vitrified by revenue are Heelcera Tiles Private Limited, Astonia Ceramic Private Limited, Laffans Granito Private Limited, Ambani Vitrified 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).
Dinesh Kantilal Ghodasara ceased to be Director on 21 Nov 2017. Ramniklal Kantilal Ghodasara ceased to be Director on 21 Nov 2017. Dipak Jerambhai Kotadia was appointed as Director on 21 Aug 2017. LGF Vitrified has 6 board changes on record in total.
Yes, LGF Vitrified is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-32-0002167).