Logart Ceramic Private Limited

Logart Ceramic Private Limited - manufacturing in Sapar, Gujarat, India. FY 2026 financials & compliance.
CIN U26933GJ2014PTC079142 Incorporated 13 March 2014 ROC Ahmedabad HQ Sapar, Gujarat, India
Active Private Limited Company manufacturing MSME · Medium
Data last updated
Revenue · FY 2024
₹29.02 Cr
▲ 14% YoY
Net loss · FY 2024
₹1.07 Cr
Net margin -3.7%
EBITDA · FY 2024
₹2.96 Cr
EBITDA margin 10.2%
Authorised capital
₹3.8 Cr
Registered with MCA
Paid-up capital
₹3.7 Cr
Issued & subscribed
Open charges
₹18.47 Cr
Secured borrowings
Company age
12 yrs
Est. 2014
Employees · EPFO
6
Provident fund records

About Logart Ceramic Private Limited

Data last updated:

Logart Ceramic Private Limited is a private limited company based in Sapar, Gujarat, India. It operates in the ceramics segment of the manufacturing sector. It was incorporated on 13 March 2014 and has been in existence for over 12 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U26933GJ2014PTC079142. Its GSTIN is 24AACCL6579N1ZW (Gujarat).

The company has an authorised share capital of ₹3.8 Cr and a paid-up capital of ₹3.7 Cr. It is led by directors including Mukund Mansukhbhai Bhalodiya and Manojkumar Laljibhai Gadara.

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 S.No.553 B/H.Pavdiyari Bus Stop Jetpar Road Tal. Morbi, Sapar, Gujarat, India – 363630.

As per the financials filed for FY 2024, the company reported a revenue of ₹29.02 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net loss of ₹1.07 Cr (net margin -3.7%) and EBITDA of ₹2.96 Cr (EBITDA margin 10.2%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 6% over five years.

The company has about 6 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹18.47 Cr on record. Court records list 17 cases involving the company, including 6 filed by the company and 11 filed against it; 6 cases are pending. The company has 3 deals on record (3 secondary share transfers); the latest was in September 2017. Its 8 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, 5 larger and 3 smaller; the largest is Evetis Stone India Private Limited with revenue of ₹29.36 Cr.

Logart Ceramic Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-32-0010963). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website logartceramic.com.

Company details

CIN U26933GJ2014PTC079142
Registration Number 079142
Incorporation Date 13 March 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 Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-32-0010963

Recognitions & Rankings of Logart Ceramic

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-GJ-32-0010963

Contact details

Logart Ceramic Private Limited's registered office is in Sapar, Gujarat. Its website is logartceramic.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    S.No.553 B/H.Pavdiyari Bus Stop Jetpar Road Tal. Morbi, Sapar, Gujarat, India – 363630
  • Industry
    Manufacturing, Ceramics, Sanitaryware & Tile

To see the full contact details of Logart Ceramic Private Limited, buy the company report.

Comprehensive company report
Logart Ceramic 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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Business activity

The main business activity of Logart Ceramic 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 Logart Ceramic Private Limited, buy the company report.

Financials of Logart Ceramic Private Limited

FY 2024 filings available

Logart Ceramic Private Limited reported revenue of ₹29.02 Cr (up 14% YoY) for FY 2024.

Revenue · FY 2024
₹29.02 Cr ▲ 14%
Net loss · FY 2024
₹1.07 Cr margin -3.7%
EBITDA · FY 2024
₹2.96 Cr margin 10.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 14%
3 years · compounded
▲ 15%
5 years · compounded
▲ 6%
EBITDA CAGR growth
1 year
▼ 6%
3 years · compounded
▲ 4%
5 years · compounded
▲ 6%

Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 14% growth in the latest year. EBITDA fell 6% 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹2.96 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹1.07 Cr
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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin10.2%
Net Profit Margin-3.7%
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 Logart Ceramic Private Limited, buy the company report.

Board of directors of Logart Ceramic Private Limited

Logart Ceramic has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Mukund Mansukhbhai BhalodiyaDirector04 Jun 20242 Years 4 MonthsCurrent
Manojkumar Laljibhai GadaraDirector15 Mar 20251 Years 7 MonthsCurrent
Babubhai Govindbhai MaravaniyaDirector15 Mar 20251 Years 7 MonthsCurrent

Peer comparison

Logart Ceramic Private Limited is compared with the 8 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
Evetis Stone India Private Limited₹29.36 Cr (FY 2024)-16.0%Bela Rangpar, Gujarat, India
Lexicon Ceramic Private Limited₹29.34 Cr (FY 2025)-14.0%Gujarat, India
Stonza Ceramic Private Limited₹29.28 Cr (FY 2025)4.0%Wankaner, Gujarat, India
Himson Industrial Ceramic Private Limited₹29.22 Cr (FY 2023)-8.0%Surat, Gujarat, India
Grenic Tiles Private Limited₹29.04 Cr (FY 2025)-16.0%Jambudiya Bhayati, Gujarat, India
Logart Ceramic Private Limitedthis company₹29.02 Cr (FY 2024)-₹1.07 Cr-3.7%14.0%6Sapar, Gujarat, India
Sepal Tiles Private Limited₹28.9 Cr (FY 2025)6.0%Sartanpar, Gujarat, India
Lanford Ceramic Private Limited₹28.73 Cr (FY 2025)-41.0%Morbi, Gujarat, India
Blackberry Tiles Private Limited₹28.54 Cr (FY 2025)-1.0%Morbi, Gujarat, India

To see the full peer comparison of Logart Ceramic Private Limited, buy the company report.

Auditor

Logart Ceramic Private Limited is audited by RAMESH M. PATEL & CO. for the financial year 2022.

Auditor firmFinancial yearFirm registration number
RAMESH M. PATEL & CO.FY 2022125272W

Shareholding

The shareholding of Logart Ceramic Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Logart Ceramic Private Limited, buy the company report.

Charges & borrowings

Open charges
₹18.47 Cr
Satisfied charges
None
Breakdown by lending institutions
Bank of India₹18.47 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
10 Dec 201410537002Bank of India₹18.47 CrOpen

To see the full charge records of Logart Ceramic Private Limited, buy the company report.

Total charge records: 1 View all charges

Deals & funding

Logart Ceramic Private Limited has 3 deals on record (3 secondary share transfers); the latest was in September 2017.

Total deals
3
Secondary share transfers
3

Deals on record (3 of 3)

WhenDealAmountParties
Sep 2017Secondary share transferUndisclosedBuyer: 4 individuals
Seller: 4 individuals
Sep 2016Secondary share transferUndisclosedBuyer: 4 individuals
Seller: 4 individuals
Mar 2014Secondary share transferUndisclosedBuyer: an individual
Seller: an individual

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Logart Ceramic Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Logart Ceramic Private Limited has a workforce of 6 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.

Employee count
6
Active EPFO establishments
1

GST

Logart Ceramic has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AACCL6579N1ZWGujaratActive01 Jul 2017

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

Recent activity

Logart Ceramic Private Limited has 10 board changes on record since 2015: 3 appointments and 7 cessations. The latest: Babubhai Govindbhai Maravaniya was appointed as Director on 15 Mar 2025.

Appointed
Babubhai Govindbhai Maravaniya was appointed as Director.
Appointed
Manojkumar Laljibhai Gadara was appointed as Director.
Ceased
Mukund Mansukhbhai Bhalodiya ceased to be Director.
Ceased
Rameshbhai Govindbhai Detroja ceased to be Director.
AGM
Logart Ceramic Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Ceased
Bharatbhai Dhanjibhai Panara ceased to be Director.
Ceased
Manishkumar Laljibhai Bhalodia ceased to be Director.
Ceased
Nileshbhai Govindbhai Detroja ceased to be Director.
Appointed
Mukund Mansukhbhai Bhalodiya was appointed as Director.
Filing
Logart Ceramic Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge with Bank Of India of Rs. 18.47 Cr registered on 10 Dec 2014 with Charge ID 10537002 was modified on 10 May 2022.
Ceased
Alpesh Gordhanbhai Khokhani ceased to be Director.

3 earlier events are in the company report.

Frequently asked questions

Logart Ceramic is an active private limited company based in Sapar, Gujarat, India. The company works in ceramics, within the manufacturing industry. It was incorporated on 13 March 2014 (12+ years old) and is registered under CIN U26933GJ2014PTC079142.

Logart Ceramic has 3 current directors:

The latest financial statements of Logart Ceramic 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 Logart Ceramic is 24AACCL6579N1ZW, registered in Gujarat.

The CIN (Corporate Identification Number) of Logart Ceramic is U26933GJ2014PTC079142. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Logart Ceramic has 17 court cases on record: 6 filed by the company and 11 filed against it. 6 are pending. Most are in the district courts.

Logart Ceramic was incorporated on 13 March 2014, making it 12+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Logart Ceramic has 3 deals on record (3 secondary share transfers); the latest was in September 2017.

The peers of Logart Ceramic by revenue are Evetis Stone India Private Limited, Lexicon Ceramic Private Limited, Stonza Ceramic Private Limited, Himson Industrial Ceramic Private Limited, Grenic Tiles Private Limited and 3 more, 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).

Babubhai Govindbhai Maravaniya was appointed as Director on 15 Mar 2025. Manojkumar Laljibhai Gadara was appointed as Director on 15 Mar 2025. Mukund Mansukhbhai Bhalodiya ceased to be Director on 15 Mar 2025. Logart Ceramic has 10 board changes on record in total.

Yes, Logart Ceramic is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-32-0010963).