Meta Tiles Private Limited
About Meta Tiles Private Limited
Data last updated:
Meta Tiles Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Metaoxide Private Limited. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 13 March 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U26920MH1996PTC098079. Its GSTIN is 27AAACT3954F1ZC (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.4 Cr. It is led by directors including Fahim Zama Husain Miya Shaikh (Managing Director) and Kollengode Vaidyalingan Viswanathan.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at 25 Nariman Bhavan Premises Co – Op Society Ltd 227 Backbay Reclamation Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2018, the company reported a revenue of ₹101.97 Cr, a growth of 28% compared to the previous year. For the same year it recorded a net profit of ₹1.05 Cr (net margin 1%) and EBITDA of ₹3.61 Cr (EBITDA margin 3.5%). Revenue has grown at a compounded annual rate (CAGR) of 37% over three years.
As per MCA filings, the company has open charges of ₹14.04 Cr and satisfied charges of ₹74.2 Lakh on record. Court records list 19 cases involving the company, including 1 filed by the company and 18 filed against it; 4 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Meta Tiles Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address25 Nariman Bhavan Premises Co – Op Society Ltd 227 Backbay Reclamation Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Meta Tiles Private Limited, buy the company report.
- 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
Business activity
The main business activity of Meta Tiles is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Meta Tiles Private Limited, buy the company report.
Financials of Meta Tiles Private Limited
FY 2018 filings availableMeta Tiles Private Limited reported revenue of ₹101.97 Cr (up 28% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 37% over three years, including 28% growth in the latest year. EBITDA rose 38% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹101.97 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹3.61 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹1.05 Cr | |||
| 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
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 3.5% | |||
| Net Profit Margin | 1% | |||
| 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 | ||||
To see the full financial statements and ratios of Meta Tiles Private Limited, buy the company report.
Board of directors of Meta Tiles Private Limited
Meta Tiles has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sagar Shailesh Saglani Also directs: Metaoxide Private Limited | Additional Director | 01 Feb 2018 | 8 Years 8 Months | Current |
| Fahim Zama Husain Miya Shaikh Also directs: Metaoxide Private Limited | Managing Director | 01 Apr 2021 | 5 Years 6 Months | Current |
| Kollengode Vaidyalingan Viswanathan Also directs: Metaoxide Private Limited | Director | 09 Mar 2017 | 9 Years 7 Months | Current |
| Kapil Dinesh Vira Also directs: Metaoxide Private Limited | Director | 05 Sep 2011 | 15 Years 1 Months | Current |
Peer comparison
Meta Tiles Private Limited is compared with the 6 companies closest to it by revenue in the Metals and Minerals industry (Chemical Retail and Distribution, Construction Materials Retail and Distribution, Textile Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kalyan Granito India Private Limited | ₹102.46 Cr (FY 2025) | 8.0% | Ayodhya, Uttar Pradesh, India | |||
| Gyscoal Enterprise Private Limited | ₹101.98 Cr (FY 2025) | 327.0% | Ahmedabad, Gujarat, India | |||
| Divya Business Concepts Private Limited | ₹101.97 Cr (FY 2018) | -77.0% | Mumbai, Maharashtra, India | |||
| Meta Tiles Private Limitedthis company | ₹101.97 Cr (FY 2018) | ₹1.05 Cr | 1% | 28.0% | Mumbai, Maharashtra, India | |
| J.M.Chemicals Private Limited | ₹101.95 Cr (FY 2025) | 8.0% | Indore, Madhya Pradesh, India | |||
| Patwari Textile Company Pvt Ltd | ₹101.92 Cr (FY 2025) | -14.0% | Kolkata, West Bengal, India | |||
| Samridhi Ornaments Private Limited | ₹101.5 Cr (FY 2025) | 34.0% | Varanasi, Uttar Pradesh, India |
To see the full peer comparison of Meta Tiles Private Limited, buy the company report.
Auditor
Meta Tiles Private Limited is audited by R S V A & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R S V A & CO | FY 2018 | 110504W |
Shareholding
The shareholding of Meta Tiles Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Meta Tiles Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Oct 2015 | 100022470 | Others | ₹4 Cr | Open | |
| 08 Jun 2013 | 10461497 | Central Bank of India | ₹9.7 Cr | Open | |
| 27 Aug 1997 | 90142014 | Maharashtra State Financial Corportion | ₹34 Lakh | Open | |
| 10 Nov 1997 | 90142048 | Bank of India | ₹37.1 Lakh | Satisfied | |
| 05 Aug 1997 | 90142005 | Bank of India | ₹37.1 Lakh | Satisfied |
To see the full charge records of Meta Tiles Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Meta Tiles Private Limited has 19 court cases on record: 1 filed by Meta Tiles, 18 filed against it. 4 cases are pending and 15 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 18 | 17 | 3 |
| High courts | 1 | 1 | 1 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Civil suit | Filed against the company by HDFC Bank Through Its Authorized Officer Poonam Sunil Biramane | Pending |
| District court, Faridabad, Haryana | Commercial suit | Filed against the company by Dhani Loans and Services Ltd | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by Insta Capital Private Limited - Applicant | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Commercial matter | Filed against the company by Insta Capital Private Limited | Disposed |
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed against the company by Clix Capital Services Pvt Ltd | Disposed |
To see the full case history of Meta 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
Meta Tiles Private Limited was last rated by Care on 26 Sep 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 26 Sep 2022 |
To see the full credit ratings and regulatory alerts of Meta Tiles Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Meta Tiles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Meta Tiles Private Limited has 1 active EPFO establishment as of Apr 04, 2024.
GST
Meta Tiles has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACT3954F1ZC | Maharashtra | Active | 01 Jul 2017 |
| 24AAACT3954F1ZI | Gujarat | Active | 12 Oct 2020 |
To see the full GST registrations and return filing status of Meta Tiles Private Limited, buy the company report.
Recent activity
Meta Tiles Private Limited has 11 board changes on record since 2007: 4 appointments and 7 cessations. The latest: Fahim Zama Husain Miya Shaikh was appointed as Managing Director on 01 Apr 2021.
12 earlier events are in the company report.
Frequently asked questions
Meta Tiles is an active private limited company based in Mumbai, Maharashtra, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 13 March 1996 (30+ years old) and is registered under CIN U26920MH1996PTC098079.
Meta Tiles has 4 current directors:
- Fahim Zama Husain Miya Shaikh - Managing Director
- Sagar Shailesh Saglani - Additional Director
- Kollengode Vaidyalingan Viswanathan - Director
- Kapil Dinesh Vira - Director
The latest financial statements of Meta Tiles on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
The GSTIN of Meta Tiles is 27AAACT3954F1ZC, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AAACT3954F1ZI (Gujarat).
The CIN (Corporate Identification Number) of Meta Tiles is U26920MH1996PTC098079. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Meta Tiles has 19 court cases on record: 1 filed by the company and 18 filed against it. 4 are pending. Most are in the district courts.
Meta Tiles was incorporated on 13 March 1996, making it 30+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Meta Tiles by revenue are Kalyan Granito India Private Limited, Gyscoal Enterprise Private Limited, Divya Business Concepts Private Limited, J.M.Chemicals Private Limited, Patwari Textile Company Pvt Ltd and 1 more, all in the Metals and Minerals industry (Chemical Retail and Distribution, Construction Materials Retail and Distribution, Textile Retail and Distribution), with the same principal business activity (wholesale trading).
Fahim Zama Husain Miya Shaikh was appointed as Managing Director on 01 Apr 2021. Sagar Shailesh Saglani ceased to be Additional Director on 17 Nov 2020. Kapil Dinesh Vira ceased to be Director on 15 Dec 2018. Meta Tiles has 11 board changes on record in total.
The registered office of Meta Tiles is at 25 Nariman Bhavan Premises Co – Op Society Ltd 227 Backbay Reclamation Nariman Point, Mumbai, Maharashtra, India – 400021.
Meta Tiles operates in the home and lifestyle industry, in the textile retail and distribution segment.
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