Niro Ceramic India Private Limited

Niro Ceramic India Private Limited - metals and minerals in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U51101MH2014FTC255333 Incorporated 30 May 2014 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Foreign Private Limited Company metals and minerals MSME
Data last updated
Revenue · FY 2025
₹54.62 Cr
▼ 73% YoY
Net profit · FY 2025
₹2.61 Cr
Net margin 4.8%
EBITDA · FY 2025
₹3.65 Cr
EBITDA margin 6.7%
Authorised capital
₹15 Cr
Registered with MCA
Paid-up capital
₹10.04 Cr
Issued & subscribed
Open charges
₹10 Cr
Secured borrowings
Company age
12 yrs
Est. 2014
Employees · EPFO
25
Provident fund records

About Niro Ceramic India Private Limited

Data last updated:

Niro Ceramic India Private Limited is a foreign private limited company based in Mumbai, Maharashtra, India, a subsidiary of Niro Ceramic (M) Sdn Bhd. It operates in the construction materials distribution segment of the metals and mining sector. It was incorporated on 30 May 2014 and has been in existence for over 12 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51101MH2014FTC255333. Its GSTIN is 27AAECN6757G1Z5 (Maharashtra). The company holds 2 GST registrations, all of them active.

The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹10.04 Cr. It is led by directors including Anil Pranshankar Gor and Ian Kok Fai Tet.

Its last annual general meeting (AGM) was held on 12 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 114 1st Floor Akruti Star Central Road MIDC Andheri East, Mumbai, Maharashtra, India – 400093.

As per the financials filed for FY 2025, the company reported a revenue of ₹54.62 Cr, a decline of 73% compared to the previous year. For the same year it recorded a net profit of ₹2.61 Cr (net margin 4.8%) and EBITDA of ₹3.65 Cr (EBITDA margin 6.7%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 21% over five years.

The company has about 25 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Niro Ceramic Group. As per MCA filings, the company has open charges of ₹10 Cr on record. Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it.

Niro Ceramic India Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-GJ-32-0013485). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nirogranite.com.

Company details

CIN U51101MH2014FTC255333
Registration Number 255333
Incorporation Date 30 May 2014
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 12 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Niro Ceramic (M) Sdn Bhd
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-GJ-32-0013485

Recognitions & Rankings of Niro Ceramic India

MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-GJ-32-0013485

Contact details

Niro Ceramic India Private Limited's registered office is in Mumbai, Maharashtra. Its website is nirogranite.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    114 1st Floor Akruti Star Central Road MIDC Andheri East, Mumbai, Maharashtra, India – 400093
  • Industry
    Metals and Minerals, Construction Materials Retail & Distribution

To see the full contact details of Niro Ceramic India Private Limited, buy the company report.

Comprehensive company report
Niro Ceramic India Private Limited - one report that includes everything
  • 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Niro Ceramic India operates one associated brand: Niro Ceramic Group. Each brand links to its own profile.

BrandDescriptionWebsite
Ceramic tiles are manufactured by Niro Ceramic Group in Malaysia.nirogranite.com

Business activity

The main business activity of Niro Ceramic India is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Niro Ceramic India Private Limited, buy the company report.

Financials of Niro Ceramic India Private Limited

FY 2025 filings available

Niro Ceramic India Private Limited reported revenue of ₹54.62 Cr (down 73% YoY) for FY 2025.

Revenue · FY 2025
₹54.62 Cr ▼ 73%
Net profit · FY 2025
₹2.61 Cr margin 4.8%
EBITDA · FY 2025
₹3.65 Cr margin 6.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 73%
3 years · compounded
▼ 17%
5 years · compounded
▲ 21%
EBITDA CAGR growth
1 year
▼ 84%
3 years · compounded
▼ 29%
5 years · compounded
▲ 35%

Revenue fell 73% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 21%. EBITDA fell 84% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹3.65 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹2.61 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin6.7%
Net Profit Margin4.8%
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 Niro Ceramic India Private Limited, buy the company report.

Board of directors of Niro Ceramic India Private Limited

Niro Ceramic India has 3 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Anil Pranshankar GorDirector27 Mar 20197 Years 6 MonthsCurrent
Ian Kok Fai TetDirector12 Oct 20215 Years 0 MonthsCurrent
Jin Tiong TanAdditional Director23 May 20251 Years 5 MonthsCurrent

Auditor

Niro Ceramic India Private Limited is audited by GOR & Savla for the financial year 2023.

Auditor firmFinancial yearFirm registration number
GOR & SavlaFY 2023130116W

Shareholding

The shareholding of Niro Ceramic India 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Niro Ceramic India Private Limited, buy the company report.

Charges & borrowings

Open charges
₹10 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹10.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
14 Oct 2023100819110Others₹10 CrOpen

Total charge records: 1 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Niro Ceramic India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Niro Ceramic India Private Limited has a workforce of 25 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.

Employee count
25
Active EPFO establishments
1
Employee growth
31.58%

GST

Niro Ceramic India has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
27AAECN6757G1Z5MaharashtraActive01 Jul 2017
24AAECN6757G1ZBGujaratActive23 Jan 2018

To see the full GST registrations and return filing status of Niro Ceramic India Private Limited, buy the company report.

Recent activity

Niro Ceramic India Private Limited has 13 board changes on record since 2014: 4 appointments and 9 cessations. The latest: Kuan Shin Bong ceased to be Director on 23 Jun 2025.

AGM
Niro Ceramic India Private Limited last Annual general meeting of members was held on 12 Sep 2025 as per latest MCA records.
Ceased
Kuan Shin Bong ceased to be Director.
Appointed
Jin Tiong Tan was appointed as Additional Director.
Filing
Niro Ceramic India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100819110 was registered on 14 Oct 2023.
Ceased
Ian Kok Fai Tet ceased to be Additional Director.
Appointed
Ian Kok Fai Tet was appointed as Director.
Ceased
Kar Mei Ng ceased to be Director.
Ceased
Anil Pranshankar Gor ceased to be Additional Director.
Appointed
Anil Pranshankar Gor was appointed as Director.
Ceased
Vishal Omprakash Sharma ceased to be Additional Director.
Ceased
Divyesh Anant Kulkarni ceased to be Director.

5 earlier events are in the company report.

Frequently asked questions

Niro Ceramic India is an active foreign private limited company based in Mumbai, Maharashtra, India. The company works in construction materials retail and distribution, within the metals and minerals industry. It was incorporated on 30 May 2014 (12+ years old) and is registered under CIN U51101MH2014FTC255333.

Niro Ceramic India has 3 current directors:

The latest financial statements of Niro Ceramic India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 12 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Niro Ceramic India is 27AAECN6757G1Z5, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AAECN6757G1ZB (Gujarat).

The CIN (Corporate Identification Number) of Niro Ceramic India is U51101MH2014FTC255333. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Niro Ceramic India has 4 court cases on record: 2 filed by the company and 2 filed against it. Most are in the district courts.

Niro Ceramic India was incorporated on 30 May 2014, making it 12+ years old. It is registered with the Registrar of Companies, Mumbai.

Kuan Shin Bong ceased to be Director on 23 Jun 2025. Jin Tiong Tan was appointed as Additional Director on 23 May 2025. Ian Kok Fai Tet ceased to be Additional Director on 30 Nov 2021. Niro Ceramic India has 13 board changes on record in total.

Yes, Niro Ceramic India is registered as an MSME under Udyam registration (number: UDYAM-GJ-32-0013485).

Niro Ceramic India can be reached through the website nirogranite.com. Its registered office is in Mumbai, Maharashtra, India.