MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-32-0001552
Lovato Ceramic Private Limited - manufacturing in Morbi, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹72.82 Lakh
▼ 88% YoY
Net loss · FY 2025
₹12.07 Lakh
Net margin -16.6%
EBITDA · FY 2025
₹12.6 Lakh
EBITDA margin 17.3%
Authorised capital
₹35 Lakh
Registered with MCA
Paid-up capital
₹25.05 Lakh
Issued & subscribed
Satisfied charges
₹18.97 Cr
No open charges
Company age
17 yrs
Est. 2009
Employees · EPFO
17
Provident fund records
About Lovato Ceramic Private Limited
Data last updated:
Lovato Ceramic Private Limited is a private limited company based in Morbi, Gujarat, India. It operates in the sanitaryware and tile segment of the manufacturing sector. It was incorporated on 29 June 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U26933GJ2009PTC057385. Its GSTIN is 24AABCL6274D1ZQ (Gujarat).
The company has an authorised share capital of ₹35 Lakh and a paid-up capital of ₹25.05 Lakh. It is led by directors Anilkumar Pragjibhai Chhatrola and Jaydeepbhai Virjibhai Vasdadiya.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Survey No. 11 Nr. Nice Ceramic Pvt Ltd. Village Lalpar, Morbi, Gujarat, India – 363642.
As per the financials filed for FY 2025, the company reported a revenue of ₹72.82 Lakh, a decline of 88% compared to the previous year. For the same year it recorded a net loss of ₹12.07 Lakh (net margin -16.6%) and EBITDA of ₹12.6 Lakh (EBITDA margin 17.3%). Revenue has declined at a compounded annual rate (CAGR) of 73% over three years and 57% over five years.
The company has about 17 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Lovatoceramic. As per MCA filings, the company has satisfied charges of ₹18.97 Cr on record. Court records list 5 cases involving the company, including 2 filed by the company and 2 filed against it.
Lovato Ceramic Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-32-0001552). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website lovatoceramic.com.
Company Details of Lovato Ceramic Private Limited
CIN U26933GJ2009PTC057385
Registration Number 057385
Incorporation Date 29 June 2009
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 26 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-32-0001552
Recognitions & Rankings of Lovato Ceramic
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressSurvey No. 11 Nr. Nice Ceramic Pvt Ltd. Village Lalpar, Morbi, Gujarat, India – 363642
- IndustryManufacturing, Sanitaryware & Tile, Ceramics
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Associated Brands with Lovato Ceramic Private Limited
Lovato Ceramic operates one associated brand: Lovatoceramic. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures and supplies high-quality ceramic tiles with custom designs and global expertise. | lovatoceramic.com |
Business Activity of Lovato Ceramic Private Limited
The main business activity of Lovato Ceramic 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 Lovato Ceramic Private Limited FY 2025 filings available
Lovato Ceramic Private Limited reported revenue of ₹72.82 Lakh (down 88% YoY) for FY 2025.
Revenue · FY 2025
₹72.82 Lakh ▼ 88%
Net loss · FY 2025
₹12.07 Lakh margin -16.6%
EBITDA · FY 2025
₹12.6 Lakh margin 17.3%
Compounded Annual Growth Rate (CAGR) of Lovato Ceramic Private Limited
Revenue CAGR growth
1 year
▼ 88%
3 years · compounded
▼ 73%
5 years · compounded
▼ 57%
EBITDA CAGR growth
1 year
▲ 129%
3 years · compounded
▲ 30%
5 years · compounded
▼ 45%
Revenue has declined at a compounded annual rate (CAGR) of 57% over five years, including a 88% fall in the latest year. EBITDA rose 129% 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 Lovato Ceramic 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 | ₹12.6 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹12.07 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 Lovato Ceramic Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 17.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -16.6% | •••• | •••• | •••• | •••• |
| 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 Lovato Ceramic 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 Lovato Ceramic Private Limited
Lovato Ceramic has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anilkumar Pragjibhai Chhatrola | Director | 13 Apr 2016 | 10 Years 6 Months | Current |
| Jaydeepbhai Virjibhai Vasdadiya | Director | 29 Jun 2009 | 17 Years 3 Months | Current |
Peer Comparison of Lovato Ceramic Private Limited
Lovato Ceramic 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 |
|---|---|---|---|---|---|---|
| Nakora Marbles Private Limited | ₹74.58 Lakh (FY 2025) | •••• | •••• | 44.0% | •••• | Rajsamand, Rajasthan, India |
| Marblite World Private Limited | ₹73.89 Lakh (FY 2025) | •••• | •••• | -42.0% | •••• | Udaipur, Rajasthan, India |
| Ankur Marbles Private Limited | ₹73.76 Lakh (FY 2024) | •••• | •••• | -9.0% | •••• | Rajsamand, Rajasthan, India |
| Sai Suravi Granites Private Limited | ₹73.35 Lakh (FY 2017) | •••• | •••• | 2.0% | •••• | Hyderabad, Telangana, India |
| Indigra Impex Private Limited | ₹72.95 Lakh (FY 2025) | •••• | •••• | -25.0% | •••• | Chennai, Tamil Nadu, India |
| Lovato Ceramic Private Limited this company | ₹72.82 Lakh (FY 2025) | •••• | •••• | -88.0% | •••• | Morbi, Gujarat, India |
| Ravish Marmo and Mines Private Limited | ₹72.74 Lakh (FY 2025) | •••• | •••• | 36.0% | •••• | Siyana, Rajasthan, India |
| Padmawati Marmo Private Limited | ₹72.57 Lakh (FY 2025) | •••• | •••• | 92.0% | •••• | Udaipur, Rajasthan, India |
| Axiom Trade Links Private Limited | ₹72.12 Lakh (FY 2024) | •••• | •••• | 328.0% | •••• | Bani Park, Jaipur, Rajasthan, India |
| Anupam Tiles Pvt Ltd | ₹72.01 Lakh (FY 2024) | •••• | •••• | -1.0% | •••• | Nagaur, Rajasthan, India |
| Anirudh Ceramics and Industries Private Limited | ₹71.69 Lakh (FY 2025) | •••• | •••• | -64.0% | •••• | Bikaner, Rajasthan, India |
Peers are the five companies nearest above and the five nearest below Lovato Ceramic 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 Lovato Ceramic Private Limited
Lovato Ceramic Private Limited is audited by PATEL SONI SHAH & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PATEL SONI SHAH & CO. | 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 Lovato Ceramic 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 Lovato Ceramic Private Limited
Open charges
None
Satisfied charges
₹18.97 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Oct 2018 | Hdfc Bank Limited | ₹9.66 Cr | Satisfied |
| 27 Oct 2009 | Others | ₹9.31 Cr | Satisfied |
Total charge records: 2 View all charges
Legal Cases of Lovato Ceramic Private Limited
Lovato Ceramic Private Limited has 5 court cases on record: 2 filed by Lovato Ceramic, 2 filed against it, 1 where it is another party. All cases are disposed. Status as checked between 02 Oct 2026 and 04 Oct 2026.
Total cases
5
Filed by the company
2
Filed against the company
2
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 0 |
| High courts | 2 | 0 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, MORBI, Gujarat | Civil suit | Filed by the company against an individual | Disposed |
| High Court of Gujarat | Special civil application | Filed by the company against State of Gujarat | Disposed |
| High Court of Gujarat | Special civil application | Company is another party | Disposed |
| District court, RAJKOT, Gujarat | Court case (AGRMNT-LC) | Filed against the company by an individual | Disposed |
| District court, RAJKOT, Gujarat | Court case (AGRMNT-LC) | Filed against the company by an individual | Disposed |
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Full case history
All 5 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 Lovato Ceramic Private Limited
Lovato Ceramic Private Limited has a workforce of 17 employees as of Mar 30, 2024.
Employee count
17
Active EPFO establishments
1
Employee growth
-15%
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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 Lovato Ceramic Private Limited
Lovato Ceramic Private Limited has 4 board changes on record since 2009: 3 appointments and 1 cessation. The latest: Dharmendra Virjibhai Vasdadiya ceased to be Director on 16 Apr 2016.
AGM
Lovato Ceramic Private Limited last Annual general meeting of members was held on 26 Sep 2025 as per latest MCA records.
Filing
Lovato Ceramic Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge registered on 10 Oct 2018 via Charge ID 100215724 with Hdfc Bank Limited was fully satisfied on 26 May 2023.
Charges
A charge with Hdfc Bank Limited of Rs. 966.00 Lakh registered on 10 Oct 2018 with Charge ID 100215724 was modified on 05 Sep 2020.
Charges
A charge registered on 27 Oct 2009 via Charge ID 10183778 with Others was fully satisfied on 20 Nov 2018.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 966.00 Lakh with Charge ID 100215724 was registered on 10 Oct 2018.
Charges
A charge with Others of Rs. 930.82 Lakh registered on 27 Oct 2009 with Charge ID 10183778 was modified on 21 Jun 2016.
Ceased
Dharmendra Virjibhai Vasdadiya ceased to be Director.
Appointed
Anilkumar Pragjibhai Chhatrola was appointed as Director.
Charges
A charge with Others amounted to Rs. 930.82 Lakh with Charge ID 10183778 was registered on 27 Oct 2009.
Appointed
Dharmendra Virjibhai Vasdadiya was appointed as Director.
Appointed
Jaydeepbhai Virjibhai Vasdadiya was appointed as Director.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Lovato Ceramic Private Limited
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Credit ratings, litigation, and regulatory alerts
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MSME Payment Delays by Lovato Ceramic Private Limited
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Subsidiaries & Group Companies of Lovato Ceramic 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 Lovato Ceramic Private Limited
Lovato Ceramic has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCL6274D1ZQ | 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 Lovato Ceramic Private Limited
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MCA filings and documents
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Frequently Asked Questions about Lovato Ceramic Private Limited
Lovato Ceramic is an active private limited company based in Morbi, Gujarat, India. The company works in sanitaryware and tile, within the manufacturing industry. It was incorporated on 29 June 2009 (17+ years old) and is registered under CIN U26933GJ2009PTC057385.
Lovato Ceramic reported revenue of ₹72.82 Lakh for FY 2025 (down 88% YoY).
Lovato Ceramic has 2 current directors:
- Anilkumar Pragjibhai Chhatrola - Director
- Jaydeepbhai Virjibhai Vasdadiya - Director
Lovato Ceramic reported a net loss of ₹12.07 Lakh (net margin -16.6%) and EBITDA of ₹12.6 Lakh (EBITDA margin 17.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Lovato Ceramic is -73% over three years and -57% over five years. In the latest year (FY 2025) revenue fell 88%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Lovato Ceramic is 24AABCL6274D1ZQ, registered in Gujarat.
The CIN (Corporate Identification Number) of Lovato Ceramic is U26933GJ2009PTC057385. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lovato Ceramic has 5 court cases on record: 2 filed by the company and 2 filed against it. Most are in the district courts.
Lovato Ceramic was incorporated on 29 June 2009, making it 17+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Lovato Ceramic by revenue are Nakora Marbles Private Limited, Marblite World Private Limited, Ankur Marbles Private Limited, Sai Suravi Granites Private Limited, Indigra Impex Private Limited and 5 more, all in the Manufacturing industry (Ceramics, Sanitaryware and Tiles).
Dharmendra Virjibhai Vasdadiya ceased to be Director on 16 Apr 2016. Anilkumar Pragjibhai Chhatrola was appointed as Director on 13 Apr 2016. Dharmendra Virjibhai Vasdadiya was appointed as Director on 29 Jun 2009. Lovato Ceramic has 4 board changes on record in total.