MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-32-0002409
Lorem Tiles Private Limited
Lorem Tiles Private Limited - manufacturing in Lakhdhirnagar, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹16.48 Cr
▼ 13% YoY
Net profit · FY 2025
₹23.43 Lakh
Net margin 1.4%
EBITDA · FY 2025
₹89.11 Lakh
EBITDA margin 5.4%
Authorised capital
₹2.9 Cr
Registered with MCA
Paid-up capital
₹2.75 Cr
Issued & subscribed
Open charges
₹4 Cr
Satisfied ₹11.4 Cr
Company age
12 yrs
Est. 2014
Employees · EPFO
7
Provident fund records
About Lorem Tiles Private Limited
Data last updated:
Lorem Tiles Private Limited is a private limited company based in Lakhdhirnagar, Gujarat, India. It operates in the sanitaryware and tile segment of the manufacturing sector. It was incorporated on 07 March 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U26933GJ2014PTC079033. Its GSTIN is 24AACCL6540K1ZH (Gujarat).
The company has an authorised share capital of ₹2.9 Cr and a paid-up capital of ₹2.75 Cr. It is led by directors including Kiritkumar Revalal Parecha and Mahesh Dhanjibhai Panchotiya.
Its last annual general meeting (AGM) was held on 15 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at S. No. 21/2/2P1 B/H. Suntouch Laminates Navagam Road Lakhdhirnagar Tal. Morbi, Gujarat, India – 363641.
As per the financials filed for FY 2025, the company reported a revenue of ₹16.48 Cr, a decline of 13% compared to the previous year. For the same year it recorded a net profit of ₹23.43 Lakh (net margin 1.4%) and EBITDA of ₹89.11 Lakh (EBITDA margin 5.4%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 2% over five years.
The company has about 7 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹4 Cr and satisfied charges of ₹11.4 Cr on record. Court records list 6 cases involving the company, including 5 filed by the company and 1 filed against it.
Lorem Tiles Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-32-0002409). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U26933GJ2014PTC079033
Registration Number 079033
Incorporation Date 07 March 2014
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 15 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-32-0002409
Key People
Kiritkumar Revalal Parecha Director Mahesh Dhanjibhai Panchotiya Director Satishkumar Babubhai Detroja Director Recognitions & Rankings of Lorem Tiles
Contact details
Lorem Tiles Private Limited's registered office is in Lakhdhirnagar, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressS. No. 21/2/2P1 B/H. Suntouch Laminates Navagam Road Lakhdhirnagar Tal. Morbi, Gujarat, India – 363641
- IndustryManufacturing, Sanitaryware & Tile, Ceramics
To see the full contact details of Lorem Tiles Private Limited, buy the company report.
Comprehensive company report
Lorem Tiles 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 Lorem Tiles 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 Lorem Tiles Private Limited, buy the company report.
Financials of Lorem Tiles Private Limited
FY 2025 filings availableLorem Tiles Private Limited reported revenue of ₹16.48 Cr (down 13% YoY) for FY 2025.
Revenue · FY 2025
₹16.48 Cr ▼ 13%
Net profit · FY 2025
₹23.43 Lakh margin 1.4%
EBITDA · FY 2025
₹89.11 Lakh margin 5.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 13%
3 years · compounded
▼ 3%
5 years · compounded
▲ 2%
EBITDA CAGR growth
1 year
▼ 4%
3 years · compounded
▼ 7%
5 years · compounded
▼ 10%
Revenue fell 13% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 2%. EBITDA fell 4% 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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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹89.11 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹23.43 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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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 | 5.4% | ||||
| Net Profit Margin | 1.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Lorem Tiles Private Limited, buy the company report.
Board of directors of Lorem Tiles Private Limited
Lorem Tiles has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kiritkumar Revalal Parecha | Director | 07 Mar 2014 | 12 Years 7 Months | Current |
| Mahesh Dhanjibhai Panchotiya | Director | 07 Mar 2014 | 12 Years 7 Months | Current |
| Satishkumar Babubhai Detroja Also directs: Vecore Ceramic LLP, Apple Tiles Private Limited | Director | 07 Mar 2014 | 12 Years 7 Months | Current |
Peer comparison
Lorem Tiles 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 |
|---|---|---|---|---|---|---|
| Harisun Ceramic Private Limited | ₹16.64 Cr (FY 2024) | -37.0% | Morbi, Gujarat, India | |||
| Magnum Ceramics Private Limited | ₹16.57 Cr (FY 2024) | -8.0% | Rafaleshwar, Gujarat, India | |||
| Nilkanth Glazed Private Limited | ₹16.5 Cr (FY 2025) | 0.0% | Bela Rangpar, Gujarat, India | |||
| Lorem Tiles Private Limited this company | ₹16.48 Cr (FY 2025) | ₹23.43 Lakh | 1.4% | -13.0% | 7 | Lakhdhirnagar, Gujarat, India |
| Sico Ceramic Private Limited | ₹16.44 Cr (FY 2025) | 10.0% | Lakaddhar, Gujarat, India |
To see the full peer comparison of Lorem Tiles Private Limited, buy the company report.
Auditor
Lorem Tiles Private Limited is audited by ANKIT GAJJAR & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ANKIT GAJJAR & ASSOCIATES | FY 2021 | 130627W |
Shareholding
The shareholding of Lorem Tiles Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Lorem Tiles Private Limited, buy the company report.
Charges & borrowings
Open charges
₹4 Cr
Satisfied charges
₹11.4 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Oct 2022 | 100620751 | Others | ₹4 Cr | Open | |
| 21 Oct 2014 | 10533471 | Others | ₹5.4 Cr | Satisfied | |
| 17 Oct 2014 | 10533190 | Union Bank of India | ₹6 Cr | Satisfied |
To see the full charge records of Lorem Tiles Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Lorem Tiles Private Limited has 6 court cases on record: 5 filed by Lorem Tiles, 1 filed against it. All cases are disposed.
Total cases
6
Filed by the company
5
Filed against the company
1
Disposed
6
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 0 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 6)
| 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 | Criminal complaint | 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 | Court case (CR EN) | 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 Lorem Tiles 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
Lorem Tiles Private Limited was last rated by Crisil on 13 Jan 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 13 Jan 2020 |
To see the full credit ratings and regulatory alerts of Lorem Tiles Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Lorem Tiles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Lorem Tiles Private Limited has a workforce of 7 employees on its EPFO records as of Mar 22, 2024, across 1 active EPFO establishment.
Employee count
7
Active EPFO establishments
1
Employee growth
-12.5%
GST
Lorem Tiles has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCL6540K1ZH | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Lorem Tiles Private Limited, buy the company report.
Recent activity
Lorem Tiles Private Limited has 3 board changes on record since 2014: 3 appointments. The latest: Kiritkumar Revalal Parecha was appointed as Director on 07 Mar 2014.
AGM
Lorem Tiles Private Limited last Annual general meeting of members was held on 15 Sep 2025 as per latest MCA records.
Filing
Lorem Tiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge registered on 21 Oct 2014 via Charge ID 10533471 with Others was fully satisfied on 28 Oct 2022.
Charges
A charge registered on 17 Oct 2014 via Charge ID 10533190 with Union Bank Of India was fully satisfied on 28 Oct 2022.
Charges
A charge with Others of Rs. 4.00 Cr registered on 12 Oct 2022 with Charge ID 100620751 was modified on 18 Oct 2022.
Charges
A charge with Others amounted to Rs. 4.00 Cr with Charge ID 100620751 was registered on 12 Oct 2022.
Charges
A charge with Others of Rs. 5.40 Cr registered on 21 Oct 2014 with Charge ID 10533471 was modified on 17 Aug 2020.
Charges
A charge with Others amounted to Rs. 5.40 Cr with Charge ID 10533471 was registered on 21 Oct 2014.
Charges
A charge with Union Bank Of India amounted to Rs. 6.00 Cr with Charge ID 10533190 was registered on 17 Oct 2014.
Appointed
Kiritkumar Revalal Parecha was appointed as Director.
Appointed
Mahesh Dhanjibhai Panchotiya was appointed as Director.
Appointed
Satishkumar Babubhai Detroja was appointed as Director.
1 earlier event is in the company report.
Frequently asked questions
Lorem Tiles is an active private limited company based in Lakhdhirnagar, Gujarat, India. The company works in sanitaryware and tile, within the manufacturing industry. It was incorporated on 07 March 2014 (12+ years old) and is registered under CIN U26933GJ2014PTC079033.
Lorem Tiles has 3 current directors:
- Kiritkumar Revalal Parecha - Director
- Mahesh Dhanjibhai Panchotiya - Director
- Satishkumar Babubhai Detroja - Director
The latest financial statements of Lorem Tiles on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 15 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Lorem Tiles is 24AACCL6540K1ZH, registered in Gujarat.
The CIN (Corporate Identification Number) of Lorem Tiles is U26933GJ2014PTC079033. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lorem Tiles has 6 court cases on record: 5 filed by the company and 1 filed against it. Most are in the district courts.
Lorem Tiles was incorporated on 07 March 2014, making it 12+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Lorem Tiles by revenue are Harisun Ceramic Private Limited, Magnum Ceramics Private Limited, Nilkanth Glazed Private Limited, Sico 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).
Kiritkumar Revalal Parecha was appointed as Director on 07 Mar 2014. Mahesh Dhanjibhai Panchotiya was appointed as Director on 07 Mar 2014. Satishkumar Babubhai Detroja was appointed as Director on 07 Mar 2014.
Yes, Lorem Tiles is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-32-0002409).
The registered office of Lorem Tiles is at S. No. 2122P1 BH. Suntouch Laminates Navagam Road Lakhdhirnagar Tal. Morbi, Gujarat, India – 363641.