About Morbi Ceramic Private Limited
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Morbi 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 09 December 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U26933GJ2002PTC041651. Its GSTIN is 24AADCM3416G1ZV (Gujarat).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹41.35 Lakh. It is led by directors including Nathalal Chhaganbhai Bavarva and Jayprakash Nathalal Bavarva.
Its last annual general meeting (AGM) was held on 30 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Lakhdhirpur Road Post Box No. 425, Morbi, Gujarat, India – 363642.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.18 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹97.92 Lakh (net margin 82.7%) and EBITDA of ₹1.18 Cr (EBITDA margin 99.8%). Revenue has grown at a compounded annual rate (CAGR) of 69% over three years and 22% over five years.
The company has about 4 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹8.5 Cr and satisfied charges of ₹22.39 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
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.
Company details
Contact details
Morbi Ceramic Private Limited's registered office is in Morbi, Gujarat. Its website is morbitiles.org. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressLakhdhirpur Road Post Box No. 425, Morbi, Gujarat, India – 363642
- IndustryManufacturing, Sanitaryware & Tile, Ceramics
To see the full contact details of Morbi Ceramic 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
Financials of Morbi Ceramic Private Limited
FY 2025 filings availableMorbi Ceramic Private Limited reported revenue of ₹1.18 Cr (up 234% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 22% over five years, including 234% growth in the latest year. EBITDA rose 418% 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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| EBITDA | ₹1.18 Cr | ||||
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| Net Profit (PAT) | ₹97.92 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 99.8% | ||||
| Net Profit Margin | 82.7% | ||||
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To see the full financial statements and ratios of Morbi Ceramic Private Limited, buy the company report.
Board of directors of Morbi Ceramic Private Limited
Morbi Ceramic has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nathalal Chhaganbhai Bavarva | Director | 09 Dec 2002 | 23 Years 10 Months | Current |
| Jayprakash Nathalal Bavarva Also directs: Siyaram Vitrified Private Limited, Siyaram Granito Private Limited, Swat Ceramic Private Limited and 2 more | Director | 01 Jun 2004 | 22 Years 4 Months | Current |
| Geetaben Jayprakashbhai Bavarva | Director | 25 Jan 2010 | 16 Years 8 Months | Current |
| Shardaben Nathalal Bavarva | Director | 25 Jan 2010 | 16 Years 8 Months | Current |
Peer comparison
Morbi Ceramic Private Limited is compared with the 5 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 |
|---|---|---|---|---|---|---|
| Gold Stone Ceramic Private Limited | ₹1.2 Cr (FY 2025) | 598250.0% | Morbi, Gujarat, India | |||
| Ashapura Marmograni Private Limited | ₹1.19 Cr (FY 2025) | 1.0% | Rajsamand, Rajasthan, India | |||
| Genique Metaltech Private Limited | ₹1.19 Cr (FY 2025) | 113.0% | Vavdi, Gujarat, India | |||
| Morbi Ceramic Private Limitedthis company | ₹1.18 Cr (FY 2025) | ₹97.92 Lakh | 82.7% | 234.0% | 4 | Morbi, Gujarat, India |
| Ambica Techcera Private Limited | ₹1.17 Cr (FY 2024) | -29.0% | Ahmedabad, Gujarat, India | |||
| Badola Agricultural Private Limited | ₹1.17 Cr (FY 2024) | 3.0% | Rajsamand, Rajasthan, India |
To see the full peer comparison of Morbi Ceramic Private Limited, buy the company report.
Auditor
Morbi Ceramic Private Limited is audited by S. SHARDA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. SHARDA & ASSOCIATES | FY 2023 | 117361W |
Shareholding
The shareholding of Morbi 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 Morbi Ceramic Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Sep 2020 | 100372966 | Others | ₹8.5 Cr | Open | |
| 16 Mar 2020 | 100331825 | Others | ₹8.6 Cr | Satisfied | |
| 10 Feb 2015 | 10547752 | Kotak Mahindra Bank Limited | ₹4.52 Cr | Satisfied | |
| 19 Jul 2010 | 10232044 | Central Bank of India | ₹4.27 Cr | Satisfied | |
| 22 Jun 2007 | 10059065 | Rajkot Nagarik Sahakari Bank Ltd. | ₹60 Lakh | Satisfied |
To see the full charge records of Morbi Ceramic Private Limited, buy the company report.
Total charge records: 11 View all charges
Legal cases
Morbi Ceramic Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Aurangabad, Maharashtra | Civil suit | Filed against the company by State of Maharashtra | Disposed |
To see the full case history of Morbi 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Morbi Ceramic Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Morbi Ceramic Private Limited has a workforce of 4 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Morbi Ceramic has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCM3416G1ZV | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Morbi Ceramic Private Limited, buy the company report.
Recent activity
Morbi Ceramic Private Limited has 4 board changes on record since 2002: 4 appointments. The latest: Geetaben Jayprakashbhai Bavarva was appointed as Director on 25 Jan 2010.
19 earlier events are in the company report.
Frequently asked questions
Morbi 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 09 December 2002 (24+ years old) and is registered under CIN U26933GJ2002PTC041651.
Morbi Ceramic has 4 current directors:
- Nathalal Chhaganbhai Bavarva - Director
- Jayprakash Nathalal Bavarva - Director
- Geetaben Jayprakashbhai Bavarva - Director
- Shardaben Nathalal Bavarva - Director
The latest financial statements of Morbi Ceramic on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Morbi Ceramic is 24AADCM3416G1ZV, registered in Gujarat.
The CIN (Corporate Identification Number) of Morbi Ceramic is U26933GJ2002PTC041651. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Morbi Ceramic has 1 court case on record: 1 filed against it.
Morbi Ceramic was incorporated on 09 December 2002, making it 24+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Morbi Ceramic by revenue are Gold Stone Ceramic Private Limited, Ashapura Marmograni Private Limited, Genique Metaltech Private Limited, Ambica Techcera Private Limited, Badola Agricultural 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).
Geetaben Jayprakashbhai Bavarva was appointed as Director on 25 Jan 2010. Shardaben Nathalal Bavarva was appointed as Director on 25 Jan 2010. Jayprakash Nathalal Bavarva was appointed as Director on 01 Jun 2004. Morbi Ceramic has 4 board changes on record in total.
Morbi Ceramic can be reached through the website morbitiles.org. Its registered office is in Morbi, Gujarat, India.
The registered office of Morbi Ceramic is at Lakhdhirpur Road Post Box No. 425, Morbi, Gujarat, India – 363642.