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 of Lorem Tiles Private Limited
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
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressS. No. 21/2/2P1 B/H. Suntouch Laminates Navagam Road Lakhdhirnagar Tal. Morbi, Gujarat, India – 363641
- IndustryManufacturing, Sanitaryware & Tile, Ceramics
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Business Activity of Lorem Tiles Private Limited
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 | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
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Financials of Lorem Tiles Private Limited FY 2025 filings available
Lorem 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) of Lorem Tiles Private Limited
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 of Lorem Tiles Private Limited
| 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 | ₹89.11 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹23.43 Lakh | •••• | •••• | •••• | •••• |
| 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 of Lorem Tiles Private Limited
| 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) | •••• | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Lorem Tiles are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
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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 of Lorem Tiles Private Limited
Lorem Tiles Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Ceramics, Sanitaryware and Tiles). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Malabar Construction Materials Private Limited | ₹16.69 Cr (FY 2021) | •••• | •••• | -9.0% | •••• | Kannur, Kerala, India |
| 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 |
| Kalpa Granites Private Limited | ₹16.57 Cr (FY 2024) | •••• | •••• | 1625.0% | •••• | Hosur, Tamil Nadu, 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) | •••• | •••• | -13.0% | •••• | Lakhdhirnagar, Gujarat, India |
| Suraj Marbles P. Ltd. | ₹16.46 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Rajasthan, India |
| Sico Ceramic Private Limited | ₹16.44 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Lakaddhar, Gujarat, India |
| Khammam Granite Private Limited | ₹16.3 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Telangana, India |
| Aadhunik Granimarmo Private Limited | ₹16.29 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | Shahibaug, Gujarat, India |
| Sagar Tiles Private Limited | ₹16.26 Cr (FY 2024) | •••• | •••• | 20.0% | •••• | Chittorgarh, Rajasthan, India |
Peers are the five companies nearest above and the five nearest below Lorem Tiles by revenue in the Manufacturing industry (Ceramics, Sanitaryware and Tiles), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Lorem Tiles Private Limited
Lorem Tiles Private Limited is audited by ANKIT GAJJAR & ASSOCIATES for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| ANKIT GAJJAR & ASSOCIATES | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Lorem Tiles Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Lorem Tiles Private Limited
Open charges
₹4 Cr
Satisfied charges
₹11.4 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Oct 2022 | Others | ₹4 Cr | Open |
| 21 Oct 2014 | Others | ₹5.4 Cr | Satisfied |
| 17 Oct 2014 | Union Bank of India | ₹6 Cr | Satisfied |
Total charge records: 3 View all charges
Legal Cases of Lorem Tiles Private Limited
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 |
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Full case history
All 6 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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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.
Employees and EPFO Compliance at Lorem Tiles Private Limited
Lorem Tiles Private Limited has a workforce of 7 employees as of Mar 22, 2024.
Employee count
7
Active EPFO establishments
1
Employee growth
-12.5%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Lorem Tiles Private Limited
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 listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Lorem Tiles Private Limited
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Credit ratings, litigation, and regulatory alerts
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MSME Payment Delays by Lorem Tiles Private Limited
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MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of Lorem Tiles Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Lorem Tiles Private Limited
Lorem Tiles has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCL6540K1ZH | Gujarat | Active | 01 Jul 2017 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Lorem Tiles Private Limited
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MCA filings and documents
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Frequently Asked Questions about Lorem Tiles Private Limited
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 reported revenue of ₹16.48 Cr for FY 2025 (down 13% YoY).
Lorem Tiles has 3 current directors:
- Kiritkumar Revalal Parecha - Director
- Mahesh Dhanjibhai Panchotiya - Director
- Satishkumar Babubhai Detroja - Director
Lorem Tiles reported a net profit of ₹23.43 Lakh (net margin 1.4%) and EBITDA of ₹89.11 Lakh (EBITDA margin 5.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Lorem Tiles is -3% over three years and 2% over five years. In the latest year (FY 2025) revenue fell 13%. CAGR is the steady yearly rate that links the first and the last year.
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 Malabar Construction Materials Private Limited, Harisun Ceramic Private Limited, Magnum Ceramics Private Limited, Kalpa Granites Private Limited, Nilkanth Glazed Private Limited and 5 more, all in the Manufacturing industry (Ceramics, Sanitaryware and Tiles).
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.