About Metropole Tiles Private Limited
Data last updated:
Metropole Tiles Private Limited was a private limited company based in Morbi, Gujarat, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the ceramics segment of the manufacturing sector. It was incorporated on 03 March 2015.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U26933GJ2015PTC082463. Its GSTIN is 24AAJCM6361J1Z8 (Gujarat).
The company had an authorised share capital of ₹20 Cr and a paid-up capital of ₹20 Cr. It was led by directors including Shekhar Ratilal Adroja and Viralbhai Chunilal Ghodasara.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at Survey No. 603P Lakhdhirpur Road B/H Metro City Tiles, Morbi, Gujarat, India – 363642.
As per the financials filed for FY 2024, the company reported a revenue of ₹72.04 Cr, a decline of 33% compared to the previous year. For the same year it recorded a net loss of ₹6.53 Cr (net margin -9.1%) and EBITDA of ₹1.14 Cr (EBITDA margin 1.6%). Revenue has declined at a compounded annual rate (CAGR) of 18% over three years and 9% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Group of metro. As per MCA filings, the company has satisfied charges of ₹48.11 Cr on record. Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending.
The last known website on record is groupofmetro.com.
Company details
Contact details
Metropole Tiles Private Limited's registered office is in Morbi, Gujarat. Its website is groupofmetro.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSurvey No. 603P Lakhdhirpur Road B/H Metro City Tiles, Morbi, Gujarat, India – 363642
- IndustryManufacturing, Ceramics, Sanitaryware & Tile
To see the full contact details of Metropole 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
Brands
Metropole Tiles operates one associated brand: Group of metro. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Produces high-quality ceramic floor tiles for commercial and residential use. | groupofmetro.com |
Business activity
The main business activity of Metropole Tiles 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 Metropole Tiles Private Limited, buy the company report.
Financials of Metropole Tiles Private Limited
FY 2024 filings availableMetropole Tiles Private Limited reported revenue of ₹72.04 Cr (down 33% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 9% over five years, including a 33% fall in the latest year. EBITDA fell 89% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹1.14 Cr | ||||
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| Net Profit (PAT) | -₹6.53 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.6% | ||||
| Net Profit Margin | -9.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Metropole Tiles Private Limited, buy the company report.
Board of directors of Metropole Tiles Private Limited
Metropole Tiles has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shekhar Ratilal Adroja | Director | 13 Apr 2015 | 11 Years 7 Months | As last reported |
| Viralbhai Chunilal Ghodasara | Director | 03 Mar 2015 | 11 Years 8 Months | As last reported |
| Nilesh Ratilal Makadia | Director | 03 Mar 2015 | 11 Years 8 Months | As last reported |
Peer comparison
Metropole Tiles Private Limited is compared with the 4 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 |
|---|---|---|---|---|---|---|
| Clan Vitrified Private Limited | ₹73.49 Cr (FY 2025) | -19.0% | Dhuva, Gujarat, India | |||
| Grafite Ceramics Private Limited | ₹73.18 Cr (FY 2025) | 2.0% | Trajpar, Gujarat, India | |||
| Sunglare Vitrified Private Limited | ₹72.38 Cr (FY 2025) | 30.0% | Sartanpar, Gujarat, India | |||
| Metropole Tiles Private Limitedthis company | ₹72.04 Cr (FY 2024) | -₹6.53 Cr | -9.1% | -33.0% | 2 | Morbi, Gujarat, India |
| Greenray Granito Private Limited | ₹70.53 Cr (FY 2025) | -36.0% | Wankaner, Gujarat, India |
To see the full peer comparison of Metropole Tiles Private Limited, buy the company report.
Auditor
Metropole Tiles Private Limited is audited by VSSK & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VSSK & CO. | FY 2023 | 142999W |
Shareholding
The shareholding of Metropole Tiles 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 Metropole Tiles Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Mar 2019 | 100255356 | Others | ₹2.25 Cr | Satisfied | |
| 29 Mar 2019 | 100256857 | The South Indian Bank Limited | ₹7.32 Cr | Satisfied | |
| 29 Mar 2019 | 100260943 | The South Indian Bank Limited | ₹7.32 Cr | Satisfied | |
| 07 Oct 2015 | 10602831 | State Bank of India | ₹31.22 Cr | Satisfied |
To see the full charge records of Metropole Tiles Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Metropole Tiles Private Limited has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
| High courts | 1 | 1 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Court case (TAXAP) | Filed against the company by The Principal Commissioner of Income Tax 1, Rajkot | Pending |
| District court, RAJKOT, Gujarat | Court case (DST LC) | Filed against the company by an individual | Disposed |
To see the full case history of Metropole 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Metropole Tiles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Metropole Tiles Private Limited has a workforce of 2 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 2 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Metropole Tiles Private Limited, buy the company report.
GST
Metropole Tiles has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAJCM6361J1Z8 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Metropole Tiles Private Limited, buy the company report.
Recent activity
Metropole Tiles Private Limited has 4 board changes on record since 2015: 3 appointments and 1 cessation. The latest: Sunil Vishwanath Mittal ceased to be Director on 16 Jul 2018.
4 earlier events are in the company report.
Frequently asked questions
Metropole Tiles has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Metropole Tiles was a private limited company based in Morbi, Gujarat, India. The company worked in ceramics, within the manufacturing industry. It was incorporated on 03 March 2015 and is registered under CIN U26933GJ2015PTC082463. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Metropole Tiles is U26933GJ2015PTC082463. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Metropole Tiles had 3 directors:
- Shekhar Ratilal Adroja - Director
- Viralbhai Chunilal Ghodasara - Director
- Nilesh Ratilal Makadia - Director
Metropole Tiles was incorporated on 03 March 2015. It is registered with the Registrar of Companies, Ahmedabad.
Metropole Tiles can be reached through the website groupofmetro.com. Its registered office is in Morbi, Gujarat, India.
The registered office of Metropole Tiles is at Survey No. 603P Lakhdhirpur Road BH Metro City Tiles, Morbi, Gujarat, India – 363642.
The latest financial statements of Metropole Tiles on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Metropole Tiles is 24AAJCM6361J1Z8, registered in Gujarat.
Metropole Tiles operated in the manufacturing industry, in the ceramics segment.
The peers of Metropole Tiles by revenue are Clan Vitrified Private Limited, Grafite Ceramics Private Limited, Sunglare Vitrified Private Limited, Greenray Granito Private Limited, 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).
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