About Mirage Ceramics Private Limited
Data last updated:
Mirage Ceramics Private Limited is a private limited company based in Dombivli, Maharashtra, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the ceramics, sanitaryware and tile segment of the manufacturing sector. It was incorporated on 09 May 2005.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51909MH2005PTC153140. The company has 3 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹13 Cr and a paid-up capital of ₹12.86 Cr. It was formerly known as Malwa Mirage Ceramics Private Limited and Malwa Mirageimpex Private Limited. It is led by directors including Shrikant Sudhir Khadilkar and Rajaram Panchu Yadav.
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 Flat No.505 Laxmi Baug Estate 1st Floor Phadke Road, Dombivli, Maharashtra, India – 421201.
As per the financials filed for FY 2018, the company reported a revenue of ₹41.46 Cr, a decline of 35% compared to the previous year. For the same year it recorded a net loss of ₹17.99 Cr (net margin -43.4%) and EBITDA of -₹11.37 Cr (EBITDA margin -27.4%). Revenue has declined at a compounded annual rate (CAGR) of 17% over three years and 11% over five years.
The company has about 54 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Mirage Ceramics. As per MCA filings, the company has open charges of ₹41.52 Cr and satisfied charges of ₹140.7 Cr on record. Court records list 115 cases involving the company, including 82 filed by the company and 33 filed against it; 63 cases are pending. The company has 1 deal on record (1 acquisition); the latest was in June 2017.
The last known website on record is mirageceramics.com.
Company details
Name history
Mirage Ceramics has undergone 2 name changes throughout its history. The company was previously known as Malwa Mirage Ceramics Private Limited, and Malwa Mirageimpex Private Limited. The current legal name is Mirage Ceramics Private Limited.
| Company Name | Status |
|---|---|
| Mirage Ceramics Private Limited | Current |
| Malwa Mirage Ceramics Private Limited | Previous |
| Malwa Mirageimpex Private Limited | Previous |
Contact details
Mirage Ceramics Private Limited's registered office is in Dombivli, Maharashtra. Its website is mirageceramics.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressFlat No.505 Laxmi Baug Estate 1st Floor Phadke Road, Dombivli, Maharashtra, India – 421201
- IndustryManufacturing, Ceramics, Sanitaryware & Tile
To see the full contact details of Mirage Ceramics 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
Mirage Ceramics operates one associated brand: Mirage Ceramics. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Ceramic wall tiles are manufactured by Mirage Ceramics in Mumbai. | mirageceramics.com |
Business activity
The main business activity of Mirage Ceramics is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Mirage Ceramics Private Limited, buy the company report.
Financials of Mirage Ceramics Private Limited
FY 2018 filings availableMirage Ceramics Private Limited reported revenue of ₹41.46 Cr (down 35% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 11% over five years, including a 35% fall 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 | ₹41.46 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹11.37 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹17.99 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 | -27.4% | |||
| Net Profit Margin | -43.4% | |||
| 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 Mirage Ceramics Private Limited, buy the company report.
Board of directors of Mirage Ceramics Private Limited
Mirage Ceramics has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shrikant Sudhir Khadilkar | Director | 29 Mar 2007 | 19 Years 6 Months | As last reported |
| Rajaram Panchu Yadav Also directs: Dewanchand Ramsaran Industries Private Limited | Additional Director | 15 Dec 2018 | 7 Years 10 Months | As last reported |
| Harendraprasad Rammurat Yadav Also directs: Dewanchand Ramsaran Industries Private Limited | Additional Director | 15 Dec 2018 | 7 Years 10 Months | As last reported |
Auditor
Mirage Ceramics Private Limited is audited by AVINASH MORE AND ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AVINASH MORE AND ASSOCIATES | FY 2018 | 139705W |
Shareholding
The shareholding of Mirage Ceramics Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Mirage Ceramics Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Jul 2017 | 100116936 | Others | ₹20.76 Cr | Open | |
| 01 Jul 2017 | 100107538 | Others | ₹3 Cr | Open | |
| 01 Jul 2017 | 100107540 | Others | ₹17 Cr | Open | |
| 09 Jul 2012 | 10370029 | Others | ₹76 Lakh | Open | |
| 14 Mar 2015 | 10557813 | Hdfc Bank Limited | ₹36.3 Cr | Satisfied |
To see the full charge records of Mirage Ceramics Private Limited, buy the company report.
Total charge records: 18 View all charges
Deals & funding
Mirage Ceramics Private Limited has 1 deal on record (1 acquisition); the latest was in June 2017.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2017 | Acquisition | ₹99.78 Cr | Buyer: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Mirage Ceramics Private Limited has 115 court cases on record: 82 filed by Mirage Ceramics, 33 filed against it. 63 cases are pending and 52 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 98 | 16 | 63 |
| NCLAT | 14 | 14 | 0 |
| Supreme Court | 2 | 2 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 115)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss cases s) | Filed by the company against M/S. Bumatra Trading Pvt. Ltd. and 2 others | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss cases s) | Filed by the company against M/S. Arihant Build Mart Pvt. Ltd. and 3 others | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss cases s) | Filed by the company against M/.S Bennishirur Retail India Pvt. Ltd. and 2 others | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss cases s) | Filed by the company against M/S. Afaq Impex India Pvt. Ltd. and 4 others | Pending |
| District court, West, Delhi | Execution petition | Filed against the company by M/S Mirage Designer Tiles P. Ltd. | Disposed |
To see the full case history of Mirage Ceramics 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 Mirage Ceramics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Mirage Ceramics Private Limited has a workforce of 54 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
Mirage Ceramics has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Mirage Ceramics Private Limited, buy the company report.
Recent activity
Mirage Ceramics Private Limited has 11 board changes on record since 2007: 3 appointments and 8 cessations. The latest: Raunak Prashant Khadilkar ceased to be Director on 10 Jan 2019.
46 earlier events are in the company report.
Frequently asked questions
Mirage Ceramics is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Mirage Ceramics is a company under liquidation, formerly operating as a private limited company based in Dombivli, Maharashtra, India. The company works in ceramics, sanitaryware and tile, within the manufacturing industry. It was incorporated on 09 May 2005 and is registered under CIN U51909MH2005PTC153140. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Mirage Ceramics has 3 current directors:
- Shrikant Sudhir Khadilkar - Director
- Rajaram Panchu Yadav - Additional Director
- Harendraprasad Rammurat Yadav - Additional Director
The latest financial statements of Mirage Ceramics 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 CIN (Corporate Identification Number) of Mirage Ceramics is U51909MH2005PTC153140. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mirage Ceramics has open charges of ₹41.52 Cr and satisfied charges of ₹140.7 Cr as per latest MCA filings.
Mirage Ceramics has 115 court cases on record: 82 filed by the company and 33 filed against it. 63 are pending. Most are in the district courts.
Mirage Ceramics was incorporated on 09 May 2005. It is registered with the Registrar of Companies, Mumbai.
Mirage Ceramics has 1 deal on record (1 acquisition); the latest was in June 2017.
Raunak Prashant Khadilkar ceased to be Director on 10 Jan 2019. Harendraprasad Rammurat Yadav was appointed as Additional Director on 15 Dec 2018. Rajaram Panchu Yadav was appointed as Additional Director on 15 Dec 2018. Mirage Ceramics has 11 board changes on record in total.