About Nehani Tiles Private Limited
Data last updated:
Nehani Tiles Private Limited was a private limited company based in Morbi, Gujarat, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the sanitaryware and tile segment of the manufacturing sector. It was incorporated on 14 August 2013.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U26940GJ2013PTC076438. Its GSTIN is 24AAECN4330P1ZB (Gujarat).
The company had an authorised share capital of ₹5.25 Cr and a paid-up capital of ₹5 Cr. It was led by directors including Jaysukh Keshavji Soriya and Hematbhai Avcharbhai Panara.
Its last annual general meeting (AGM) was held on 25 August 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at S. No. 134/1 Tal. Morbi, Gujarat, India – 363642.
As per the financials filed for FY 2021, the company reported a revenue of ₹30.13 Cr, a decline of 14% compared to the previous year. For the same year it recorded a net profit of ₹50.17 Lakh (net margin 1.7%) and EBITDA of ₹1.98 Cr (EBITDA margin 6.6%). Revenue has declined at a compounded annual rate (CAGR) of 13% over three years and 1% over five years.
The company had about 16 employees on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had satisfied charges of ₹24.11 Cr on record. Court records list 2 cases involving the company, including 2 filed against it.
The last known website on record is nehaceramic.com.
Company details
Contact details
Nehani Tiles Private Limited's registered office is in Morbi, Gujarat. Its website is nehaceramic.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Apps
- Registered AddressS. No. 134/1 Tal. Morbi, Gujarat, India – 363642
- IndustryManufacturing, Sanitaryware & Tile, Ceramics
To see the full contact details of Nehani 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 activities of Nehani Tiles are manufacturing and trade. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products and wholesale trading. 2 activity segments are registered with the MCA.
| 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 | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Nehani Tiles Private Limited, buy the company report.
Financials of Nehani Tiles Private Limited
FY 2021 filings availableNehani Tiles Private Limited reported revenue of ₹30.13 Cr (down 14% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 1% over five years, including a 14% fall in the latest year. EBITDA fell 19% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹30.13 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.98 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹50.17 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
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.6% | ||||
| Net Profit Margin | 1.7% | ||||
| 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 Nehani Tiles Private Limited, buy the company report.
Board of directors of Nehani Tiles Private Limited
Nehani Tiles has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jaysukh Keshavji Soriya | Director | 14 Aug 2013 | 13 Years 2 Months | As last reported |
| Hematbhai Avcharbhai Panara | Director | 10 Jul 2015 | 11 Years 3 Months | As last reported |
| Balvant Keshavjibhai Soriya | Director | 14 Aug 2013 | 13 Years 2 Months | As last reported |
| Suresh Keshavjibhai Soria Also directs: Nehani Tiles LLP | Director | 10 Jul 2015 | 11 Years 3 Months | As last reported |
Peer comparison
Nehani Tiles Private Limited is compared with the 6 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 |
|---|---|---|---|---|---|---|
| Enzo Ceramic Private Limited | ₹30.61 Cr (FY 2025) | 4.0% | Sartanpar, Gujarat, India | |||
| Dunexo Ceramic Private Limited | ₹30.34 Cr (FY 2024) | 1.0% | Morbi, Gujarat, India | |||
| Artiz Ceramics Private Limited | ₹30.21 Cr (FY 2024) | 34.0% | Pipli, Gujarat, India | |||
| Nehani Tiles Private Limitedthis company | ₹30.13 Cr (FY 2021) | ₹50.17 Lakh | 1.7% | -14.0% | 16 | Morbi, Gujarat, India |
| Brilliant Sanitaryware Private Limited | ₹30.05 Cr (FY 2024) | 18.0% | Rangpar, Gujarat, India | |||
| Lenz Ceramic Private Limited | ₹29.85 Cr (FY 2021) | 65.0% | Pipli, Gujarat, India | |||
| Romex Tiles Private Limited | ₹29.71 Cr (FY 2025) | -2.0% | Vaghasiya, Gujarat, India |
To see the full peer comparison of Nehani Tiles Private Limited, buy the company report.
Auditor
Nehani Tiles Private Limited is audited by V N SITAPARA & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V N SITAPARA & ASSOCIATES | FY 2021 | 123575W |
Shareholding
The shareholding of Nehani Tiles Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Nehani Tiles Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Dec 2019 | 100314666 | Others | ₹9.88 Cr | Satisfied | |
| 01 Aug 2014 | 10512234 | Others | ₹14.23 Cr | Satisfied |
To see the full charge records of Nehani Tiles Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Nehani Tiles Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Special civil application | Filed against the company by M/S Levita Granito LLP and 161 others | Disposed |
| District court, RAJKOT, Gujarat | Court case (AGRMNT LC) | Filed against the company by an individual | Disposed |
To see the full case history of Nehani 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
Nehani Tiles Private Limited was last rated by Icra on 15 Oct 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 15 Oct 2020 |
To see the full credit ratings and regulatory alerts of Nehani Tiles Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Nehani Tiles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Nehani Tiles Private Limited has a workforce of 16 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
GST
Nehani Tiles has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECN4330P1ZB | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nehani Tiles Private Limited, buy the company report.
Recent activity
Nehani Tiles Private Limited has 5 board changes on record since 2013: 4 appointments and 1 cessation. The latest: Hematbhai Avcharbhai Panara was appointed as Director on 10 Jul 2015.
2 earlier events are in the company report.
Frequently asked questions
Nehani Tiles has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Nehani Tiles was a private limited company based in Morbi, Gujarat, India. The company worked in sanitaryware and tile, within the manufacturing industry. It was incorporated on 14 August 2013 and is registered under CIN U26940GJ2013PTC076438. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Nehani Tiles was incorporated on 14 August 2013. It is registered with the Registrar of Companies, Ahmedabad.
Nehani Tiles had 4 directors:
- Jaysukh Keshavji Soriya - Director
- Hematbhai Avcharbhai Panara - Director
- Balvant Keshavjibhai Soriya - Director
- Suresh Keshavjibhai Soria - Director
The CIN (Corporate Identification Number) of Nehani Tiles is U26940GJ2013PTC076438. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Nehani Tiles is at S. No. 1341 Tal. Morbi, Gujarat, India – 363642.
Nehani Tiles can be reached through the website nehaceramic.com. Its registered office is in Morbi, Gujarat, India.
The latest financial statements of Nehani Tiles on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 25 August 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Nehani Tiles is 24AAECN4330P1ZB, registered in Gujarat.
Nehani Tiles operated in the manufacturing industry, in the sanitaryware and tile segment.
The peers of Nehani Tiles by revenue are Enzo Ceramic Private Limited, Dunexo Ceramic Private Limited, Artiz Ceramics Private Limited, Brilliant Sanitaryware Private Limited, Lenz Ceramic Private Limited and 1 more, 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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