About Nexion Surfaces Private Limited
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Nexion Surfaces Private Limited is a private limited company based in Ahmedabad, Gujarat, India, a subsidiary of Simpolo Vitrified Private Limited. It operates in the sanitaryware and tile segment of the manufacturing sector. It was incorporated on 29 March 2022.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U26990GJ2022PTC130486. Its GSTIN is 24AAICN1516H1ZQ (Gujarat).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Bharatbhai Thakarshibhai Aghara and Praveen Kumar Dobhal.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 1104 – 1105 Shapath V S. G. Highway, Ahmedabad, Gujarat, India – 380015.
As per the financials filed for FY 2026, the company reported a revenue of ₹474.44 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹69.93 Cr (net margin 14.7%) and EBITDA of ₹121.48 Cr (EBITDA margin 25.6%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years.
The company has about 527 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹135.2 Cr and satisfied charges of ₹18.64 Cr on record. Court records list 4 cases involving the company, including 4 filed by the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nexiontiles.com.
Company details
Contact details
Nexion Surfaces Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Social Media
- Registered Address1104 – 1105 Shapath V S. G. Highway, Ahmedabad, Gujarat, India – 380015
- IndustryManufacturing, Sanitaryware & Tile, Ceramics
To see the full contact details of Nexion Surfaces 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 Nexion Surfaces is manufacturing. In detail, this covers other manufacturing.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 32 | Other manufacturing |
To see the full business activity and turnover split of Nexion Surfaces Private Limited, buy the company report.
Financials of Nexion Surfaces Private Limited
FY 2026 filings availableNexion Surfaces Private Limited reported revenue of ₹474.44 Cr (up 5% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 11% over three years, including 5% growth in the latest year. EBITDA rose 12% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹474.44 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹121.48 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹69.93 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 | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 25.6% | ||||
| Net Profit Margin | 14.7% | ||||
| 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 Nexion Surfaces Private Limited, buy the company report.
Board of directors of Nexion Surfaces Private Limited
Nexion Surfaces has 8 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bharatbhai Thakarshibhai Aghara Also directs: Florentina Realty LLP, Simpolo Vitrified Private Limited, Nexion International Private Limited and 2 more | Director | 29 Mar 2022 | 4 Years 7 Months | Current |
| Praveen Kumar Dobhal | Director | 22 Aug 2023 | 3 Years 2 Months | Current |
| Villiam Tioli Also directs: Nexion International Private Limited | Director | 22 Aug 2023 | 3 Years 2 Months | Current |
| Maheshkumar Gopalbhai Delvadia Also directs: Nexion International Private Limited, Pavan Agency Private Limited | Director | 22 Aug 2023 | 3 Years 2 Months | Current |
| Jitendrabhai Thakarshibhai Aghara Also directs: Simpolo International Private Limited, Florentina Realty LLP, Simpolo Vitrified Private Limited and 3 more | Director | 01 Apr 2022 | 4 Years 7 Months | Current |
| Mansukh Tribhovanbhai Kaila | Director | 29 Mar 2022 | 4 Years 7 Months | Current |
Auditor
Nexion Surfaces Private Limited is audited by S R B C & CO LLP for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S R B C & CO LLP | FY 2026 | 324982E/E300003 |
Shareholding
The shareholding of Nexion Surfaces Private Limited is on record for 4 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Nexion Surfaces Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Dec 2023 | 100850507 | Others | ₹75 Cr | Open | |
| 20 Mar 2023 | 100727800 | Hdfc Bank Limited | ₹19.99 Lakh | Open | |
| 17 Dec 2015 | 10614709 | Hdfc Bank Limited | ₹60 Cr | Open | |
| 17 Aug 2021 | 100476176 | Hdfc Bank Limited | ₹22.5 Lakh | Satisfied | |
| 15 Mar 2021 | 100428263 | Hdfc Bank Limited | ₹18.42 Cr | Satisfied |
To see the full charge records of Nexion Surfaces Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Nexion Surfaces Private Limited has 4 court cases on record: 4 filed by Nexion Surfaces. 1 case is pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 1 |
| NCLT | 2 | 0 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, MORBI, Gujarat | Criminal complaint | Filed by the company against Kunala Balaveera Venkateswara Rao - Rohini Enterprises | Pending |
| District court, MORBI, Gujarat | Court case (CR EN) | Filed by the company against Kunala Balaveera Venkateswara Rao - Rohini Enterprises | Disposed |
| NCLT, Ahmedabad | Court case (C.P.(CAA)) | Filed by the company | Disposed |
| NCLT, Ahmedabad | Court case (C.A.(CAA)) | Filed by the company | Disposed |
To see the full case history of Nexion Surfaces 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 Nexion Surfaces Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Nexion Surfaces Private Limited has a workforce of 527 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 | 527 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 |
To see the full employee and EPFO history of Nexion Surfaces Private Limited, buy the company report.
GST
Nexion Surfaces has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAICN1516H1ZQ | Gujarat | Active | 04 May 2023 |
To see the full GST registrations and return filing status of Nexion Surfaces Private Limited, buy the company report.
Recent activity
Nexion Surfaces Private Limited has 9 board changes on record since 2022: 8 appointments and 1 cessation. The latest: Luca Majocchi was appointed as Director on 22 Aug 2023.
10 earlier events are in the company report.
News
Frequently asked questions
Nexion Surfaces is an active private limited company based in Ahmedabad, Gujarat, India. The company works in sanitaryware and tile, within the manufacturing industry. It was incorporated on 29 March 2022 (4+ years old) and is registered under CIN U26990GJ2022PTC130486.
Nexion Surfaces has 8 current directors:
- Bharatbhai Thakarshibhai Aghara - Director
- Praveen Kumar Dobhal - Director
- Villiam Tioli - Director
- Maheshkumar Gopalbhai Delvadia - Director
- Jitendrabhai Thakarshibhai Aghara - Director
- Mansukh Tribhovanbhai Kaila - Director
- Prakash Bagla - Director
- Luca Majocchi - Director
The latest financial statements of Nexion Surfaces on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2022 are in the company report.
The GSTIN of Nexion Surfaces is 24AAICN1516H1ZQ, registered in Gujarat.
The CIN (Corporate Identification Number) of Nexion Surfaces is U26990GJ2022PTC130486. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nexion Surfaces has 4 court cases on record: 4 filed by the company. 1 is pending. Most are in the district courts.
Nexion Surfaces was incorporated on 29 March 2022, making it 4+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Luca Majocchi was appointed as Director on 22 Aug 2023. Maheshkumar Gopalbhai Delvadia was appointed as Director on 22 Aug 2023. Prakash Bagla was appointed as Director on 22 Aug 2023. Nexion Surfaces has 9 board changes on record in total.
Nexion Surfaces can be reached through the website nexiontiles.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Nexion Surfaces is at 1104 – 1105 Shapath V S. G. Highway, Ahmedabad, Gujarat, India – 380015.
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