About Mega Vitrified Private Limited
Data last updated:
Mega Vitrified 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 19 March 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U26914GJ2007PTC050285. Its GSTIN is 24AAFCM0051P1ZH (Gujarat).
The company has an authorised share capital of ₹6.75 Cr and a paid-up capital of ₹6.7 Cr. It is led by directors including Prakashbhai Bhavanbhai Kanetiya and Dharmendrakumar Maganlal Gopani.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Survey No. 27 & 29 Of Village : Mahendranagar Old Ghuntu Road 8 – A National Highway, Morbi, Gujarat, India – 363642.
As per the financials filed for FY 2025, the company reported a revenue of ₹49.18 Cr, a decline of 21% compared to the previous year. For the same year it recorded a net profit of ₹78.43 Lakh (net margin 1.6%) and EBITDA of ₹2.63 Cr (EBITDA margin 5.3%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 3% over five years.
The company has about 21 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹20.15 Cr on record. Court records list 12 cases involving the company, including 6 filed by the company and 5 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website morbitiles.org.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressSurvey No. 27 & 29 Of Village : Mahendranagar Old Ghuntu Road 8 – A National Highway, Morbi, Gujarat, India – 363642
- IndustryManufacturing, Sanitaryware & Tile, Ceramics
- 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
- One PDF report, delivered after checkout
Business Activity of Mega Vitrified Private Limited
The main business activity of Mega Vitrified 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 |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Mega Vitrified Private Limited FY 2025 filings available
Mega Vitrified Private Limited reported revenue of ₹49.18 Cr (down 21% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Mega Vitrified Private Limited
Revenue fell 21% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA fell 8% 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 Mega Vitrified 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 | ₹2.63 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹78.43 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 Mega Vitrified Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.6% | •••• | •••• | •••• | •••• |
| 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 Mega Vitrified are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Mega Vitrified Private Limited
Mega Vitrified Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Ceramics, Sanitaryware and Tiles). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Corial Ceramic Private Limited | •••• | •••• | •••• | •••• | 18 | Morbi, Gujarat, India |
| Kripton Granito Private Limited | •••• | •••• | •••• | •••• | 15 | Haripar, Gujarat, India |
| Qmax Ceramics Private Limited | •••• | •••• | •••• | •••• | 32 | Morvi, Gujarat, India |
| Max Ceramics Private Limited | •••• | •••• | •••• | •••• | - | Timbdi, Gujarat, India |
| Gibraltar Glass and Ceramics Private Limited | •••• | •••• | •••• | •••• | - | Baroda, Gujarat, India |
| Mega Vitrified Private Limited this company | •••• | •••• | •••• | •••• | - | Morbi, Gujarat, India |
| Techno Ceram Private Limited | •••• | •••• | •••• | •••• | - | Ahmadabad City, Gujarat, India |
| Motto Tiles Private Limited | •••• | •••• | •••• | •••• | - | Morbi, Gujarat, India |
| Benta Ceramic Private Limited | •••• | •••• | •••• | •••• | 20 | Bela Rangpar, Gujarat, India |
| Wallcera Tiles Private Limited | •••• | •••• | •••• | •••• | 13 | Morbi, Gujarat, India |
| Antonova Tiles (India) Private Limited | •••• | •••• | •••• | •••• | 16 | Jashmatgadh, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Mega Vitrified by revenue in the Manufacturing industry (Ceramics, Sanitaryware and Tiles), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Mega Vitrified Private Limited
Mega Vitrified Private Limited is audited by Vssk & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Vssk & Co. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Mega Vitrified Private Limited
Mega Vitrified has 6 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prakashbhai Bhavanbhai Kanetiya | Director | 04 Mar 2009 | 17 Years 7 Months | Current |
| Dharmendrakumar Maganlal Gopani | Director | 18 Jun 2011 | 15 Years 3 Months | Current |
| Narendrabhai Gordhanbhai Kanetiya | Director | 18 Jun 2011 | 15 Years 3 Months | Current |
| Kanjibhai Kuberbhai Kanetiya | Director | 29 Sep 2012 | 14 Years 0 Months | Current |
| Sunil Gopani | Director | 18 Jun 2011 | 15 Years 3 Months | Current |
| Jaydeep Ghanshyambhai Kanetiya | Director | 18 Jun 2011 | 15 Years 3 Months | Current |
Ownership and Shareholding of Mega Vitrified Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Mega Vitrified Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Sep 2007 | State Bank of India | ₹20.15 Cr | Open |
Total charge records: 1 View all charges
Legal Cases of Mega Vitrified Private Limited
Mega Vitrified Private Limited has 12 court cases on record: 6 filed by Mega Vitrified, 5 filed against it, 1 where it is another party. 2 cases are pending and 10 are disposed. Status as checked between 02 Oct 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 5 | 2 |
| High courts | 2 | 0 | 0 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, MORBI, Gujarat | Criminal complaint | Filed by the company against Neo Wares India Private Limited | Pending |
| District court, MORBI, Gujarat | Criminal complaint | Filed by the company against Shamseer Partner of Jan Traders | Pending |
| District court, RAJKOT, Gujarat | Court case (AGRMNT-LC) | Filed against the company by an individual | Disposed |
| High Court of Gujarat | Special civil application | Company is another party | Disposed |
| High Court of Gujarat | Special civil application | Filed by the company against State of Gujarat | Disposed |
Full case history
All 12 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
MSME Payment Delays by Mega Vitrified Private Limited
Mega Vitrified Private Limited has 2 MSME Form 1 returns on record between 2018 and 2019, listing 385 overdue payments to 45 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 45)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Shivam Blackrock Morbi | •••• | •••• | •••• |
| Kashtbhanjan Packaging Morbi | •••• | •••• | •••• |
| Sarvashiv Chem Industries Morbi | •••• | •••• | •••• |
| Saluja Minerals Beawar | •••• | •••• | •••• |
| Hari Coal Corporation Morbi | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 2 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Mega Vitrified Private Limited
Mega Vitrified Private Limited has a workforce of 21 employees as of Apr 09, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Mega Vitrified Private Limited
Mega Vitrified Private Limited has 14 board changes on record since 2007: 6 appointments and 8 cessations. The latest: Anil Nathabhai Gopani ceased to be Director on 07 Nov 2016.
7 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Mega Vitrified Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Mega Vitrified Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Mega Vitrified Private Limited
Mega Vitrified has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCM0051P1ZH | Gujarat | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Mega Vitrified Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Mega Vitrified Private Limited
Mega Vitrified 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 19 March 2007 (19+ years old) and is registered under CIN U26914GJ2007PTC050285.
Mega Vitrified reported revenue of ₹49.18 Cr for FY 2025 (down 21% YoY).
Mega Vitrified has 6 current directors:
- Prakashbhai Bhavanbhai Kanetiya - Director
- Dharmendrakumar Maganlal Gopani - Director
- Narendrabhai Gordhanbhai Kanetiya - Director
- Kanjibhai Kuberbhai Kanetiya - Director
- Sunil Gopani - Director
- Jaydeep Ghanshyambhai Kanetiya - Director
Mega Vitrified reported a net profit of ₹78.43 Lakh (net margin 1.6%) and EBITDA of ₹2.63 Cr (EBITDA margin 5.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Mega Vitrified is 6% over three years and 3% over five years. In the latest year (FY 2025) revenue fell 21%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Mega Vitrified is 24AAFCM0051P1ZH, registered in Gujarat.
The CIN (Corporate Identification Number) of Mega Vitrified is U26914GJ2007PTC050285. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mega Vitrified has 12 court cases on record: 6 filed by the company and 5 filed against it. 2 are pending. Most are in the district courts.
Mega Vitrified was incorporated on 19 March 2007, making it 19+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Mega Vitrified by revenue are Corial Ceramic Private Limited, Kripton Granito Private Limited, Qmax Ceramics Private Limited, Max Ceramics Private Limited, Gibraltar Glass and Ceramics Private Limited and 5 more, all in the Manufacturing industry (Ceramics, Sanitaryware and Tiles).
Anil Nathabhai Gopani ceased to be Director on 07 Nov 2016. Pareshbhai Nathabhai Gopani ceased to be Director on 07 Nov 2016. Kanjibhai Kuberbhai Kanetiya was appointed as Director on 29 Sep 2012. Mega Vitrified has 14 board changes on record in total.
Mega Vitrified has 2 MSME Form 1 returns on record between 2018 and 2019, listing 385 overdue payments to 45 micro and small suppliers. The latest return was filed on 01 Jun 2019.