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 3 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
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
Lovato Ceramic Private Limited's registered office is in Morbi, Gujarat. Its website is lovatoceramic.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressSurvey No. 11 Nr. Nice Ceramic Pvt Ltd. Village Lalpar, Morbi, Gujarat, India – 363642
- IndustryManufacturing, Sanitaryware & Tile, Ceramics
To see the full contact details of Lovato Ceramic Private Limited, buy the company report.
Comprehensive company report
Lovato 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
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
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 | 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 Lovato Ceramic Private Limited, buy the company report.
Financials of Lovato Ceramic Private Limited
FY 2025 filings availableLovato 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)
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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | ₹12.6 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹12.07 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 | 17.3% | ||||
| Net Profit Margin | -16.6% | ||||
| 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 Lovato Ceramic Private Limited, buy the company report.
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
Lovato Ceramic Private Limited is compared with the 3 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 |
|---|---|---|---|---|---|---|
| Nakora Marbles Private Limited | ₹74.58 Lakh (FY 2025) | 44.0% | Rajsamand, Rajasthan, India | |||
| Ankur Marbles Private Limited | ₹73.76 Lakh (FY 2024) | -9.0% | Rajsamand, Rajasthan, India | |||
| Lovato Ceramic Private Limitedthis company | ₹72.82 Lakh (FY 2025) | -₹12.07 Lakh | -16.6% | -88.0% | 17 | Morbi, Gujarat, India |
| Anupam Tiles Pvt Ltd | ₹72.01 Lakh (FY 2024) | -1.0% | Nagaur, Rajasthan, India |
To see the full peer comparison of Lovato Ceramic Private Limited, buy the company report.
Auditor
Lovato Ceramic Private Limited is audited by PATEL SONI SHAH & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PATEL SONI SHAH & CO. | FY 2023 | 127904W |
Shareholding
The shareholding of Lovato Ceramic 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 Lovato Ceramic Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹18.97 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Oct 2018 | 100215724 | Hdfc Bank Limited | ₹9.66 Cr | Satisfied | |
| 27 Oct 2009 | 10183778 | Others | ₹9.31 Cr | Satisfied |
To see the full charge records of Lovato Ceramic Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Lovato Ceramic Private Limited has 5 court cases on record: 2 filed by Lovato Ceramic, 3 filed against it. All cases are disposed.
Total cases
5
Filed by the company
2
Filed against the company
3
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 0 |
| High courts | 2 | 1 | 0 |
Cases on record (5 of 5)
| 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 | Civil suit | Filed by the company against individuals | Disposed |
| High Court of Gujarat | Special civil application | Filed by the company against State of Gujarat | 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 |
To see the full case history of Lovato Ceramic 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
Lovato Ceramic Private Limited was last rated by Icra on 16 Jan 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 16 Jan 2019 |
To see the full credit ratings and regulatory alerts of Lovato Ceramic Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Lovato Ceramic Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Lovato Ceramic Private Limited has a workforce of 17 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
Employee count
17
Active EPFO establishments
1
Employee growth
-15%
GST
Lovato Ceramic has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCL6274D1ZQ | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Lovato Ceramic Private Limited, buy the company report.
Recent activity
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 in the company report.
Frequently asked questions
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 has 2 current directors:
- Anilkumar Pragjibhai Chhatrola - Director
- Jaydeepbhai Virjibhai Vasdadiya - Director
The latest financial statements of Lovato Ceramic on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.
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 3 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, Ankur Marbles Private Limited, Anupam Tiles Pvt Ltd, 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).
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.
Yes, Lovato Ceramic is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-32-0001552).
Lovato Ceramic can be reached through the website lovatoceramic.com. Its registered office is in Morbi, Gujarat, India.