Nova Tiles Private Limited
About Nova Tiles Private Limited
Data last updated:
Nova Tiles Private Limited is a private limited company based in Surendranagar, Gujarat, India. It operates in the musical instrument segment of the musical instruments sector. It was incorporated on 08 August 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U26933GJ1997PTC032801. Its GSTIN is 24AAACN7056Q1Z0 (Gujarat).
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.4 Cr. It is led by directors including Amarbhai Ashwinbhai Shah and Yashpalsinh Nirubha Parmar.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Surendranagar – Muli Highway Muli, Gujarat, India – 363035.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.98 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹5.02 Lakh (net margin -125.9%) and EBITDA of ₹18,172 (EBITDA margin 4.6%). Revenue has declined at a compounded annual rate (CAGR) of 38% over three years and 36% over five years.
The company has about 3 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹5.1 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.
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- Registered AddressSurendranagar – Muli Highway Muli, Gujarat, India – 363035
- IndustryMusical Instruments, Musical Instrument, Sports Goods, Jewellery, Manufacturing
- 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
- One PDF report, delivered after checkout
Business Activity of Nova Tiles Private Limited
The main business activity of Nova Tiles is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Nova Tiles Private Limited FY 2025 filings available
Nova Tiles Private Limited reported revenue of ₹3.98 Lakh (up 17768% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Nova Tiles Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 36% over five years. EBITDA rose 117% 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 of Nova Tiles Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹18,172 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹5.02 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 of Nova Tiles Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -125.9% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Nova Tiles are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Nova Tiles Private Limited
Nova Tiles has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amarbhai Ashwinbhai Shah Also directs: Parker Tiles Private Limited | Director | 03 Feb 2004 | 22 Years 8 Months | Current |
| Yashpalsinh Nirubha Parmar | Director | 09 Feb 2005 | 21 Years 8 Months | Current |
| Bhartiben Suryakant Shah | Director | 01 Apr 1999 | 27 Years 6 Months | Current |
Peer Comparison of Nova Tiles Private Limited
Nova Tiles Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Marhatha Marbles Private Limited | ₹4.02 Lakh (FY 2018) | •••• | •••• | •••• | Chittorgarh, Rajasthan, India | |
| Muse Diagnostics Private Limited | ₹4.02 Lakh (FY 2024) | •••• | •••• | -93.0% | •••• | Bangalore, Karnataka, India |
| Botanic Love Private Limited | ₹4.01 Lakh (FY 2022) | •••• | •••• | •••• | Gurugram, Haryana, India | |
| Elite Paints Private Limited | ₹4 Lakh (FY 2018) | •••• | •••• | -90.0% | •••• | Pune, Maharashtra, India |
| RN & JS Industries Private Limited | ₹4 Lakh (FY 2023) | •••• | •••• | -87.0% | •••• | Secunderabad, Telangana, India |
| Nova Tiles Private Limited this company | ₹3.98 Lakh (FY 2024) | •••• | •••• | 17768.0% | •••• | Surendranagar, Gujarat, India |
| Shreemaruti Industrial Gases Private Limited | ₹3.97 Lakh (FY 2025) | •••• | •••• | -34.0% | •••• | Golebazar, Odisha, India |
| V Kumar Diamonds Pvt Ltd | ₹3.97 Lakh (FY 2016) | •••• | •••• | 175.0% | •••• | Surat, Gujarat, India |
| Steelwill Globotech Private Limited | ₹3.97 Lakh (FY 2017) | •••• | •••• | -2.0% | •••• | Faridabad, Haryana, India |
| Harji Fabric Bag Industry Private Limited | ₹3.96 Lakh (FY 2021) | •••• | •••• | -81.0% | •••• | Sub Division-Nadala, Punjab, India |
| Mahan Marbles Pvt. Ltd | ₹3.95 Lakh (FY 2024) | •••• | •••• | -90.0% | •••• | Chittorgarh, Rajasthan, India |
Peers are the five companies nearest above and the five nearest below Nova Tiles by revenue in the same principal business activity (Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Nova Tiles Private Limited
Nova Tiles Private Limited is audited by HITESHVINODRAYSHAH for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| HITESHVINODRAYSHAH | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Nova Tiles Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Nova Tiles Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Aug 2011 | Adarsh Co-Operative Bank Ltd | ₹1.6 Cr | Satisfied |
| 16 Dec 2005 | Small Industries Developent Bank of India | ₹2.6 Cr | Satisfied |
| 22 Sep 1999 | The Surendranagar Mercantile Co-Op. Bank Ltd. | ₹15 Lakh | Satisfied |
| 08 Sep 1998 | Gujarat State Financial Corporation | ₹75 Lakh | Satisfied |
Total charge records: 4 View all charges
Legal Cases of Nova Tiles Private Limited
Nova Tiles Private Limited has 1 court case on record: 1 filed against it. All case is disposed. Status as checked on 02 Oct 2026.
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, Surendranagar, Gujarat | Criminal complaint | Filed against the company by an individual | Disposed |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Nova Tiles Private Limited
Nova Tiles Private Limited has a workforce of 3 employees as of Apr 06, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Nova Tiles Private Limited
Nova Tiles Private Limited has 4 board changes on record since 1999: 3 appointments and 1 cessation. The latest: Atulkumar Himmatlal Shah ceased to be Director on 24 Sep 2012.
6 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Nova Tiles Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Nova Tiles Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Nova Tiles Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Nova Tiles Private Limited
Nova Tiles has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACN7056Q1Z0 | Gujarat | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Nova Tiles Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Nova Tiles Private Limited
Nova Tiles is an active private limited company based in Surendranagar, Gujarat, India. The company works in musical instrument, within the musical instruments industry. It was incorporated on 08 August 1997 (29+ years old) and is registered under CIN U26933GJ1997PTC032801.
Nova Tiles reported revenue of ₹3.98 Lakh for FY 2024 (up 17768% YoY).
Nova Tiles has 3 current directors:
- Amarbhai Ashwinbhai Shah - Director
- Yashpalsinh Nirubha Parmar - Director
- Bhartiben Suryakant Shah - Director
Nova Tiles reported a net loss of ₹5.02 Lakh (net margin -125.9%) and EBITDA of ₹18,172 (EBITDA margin 4.6%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Nova Tiles is -38% over three years and -36% over five years. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Nova Tiles is 24AAACN7056Q1Z0, registered in Gujarat.
The CIN (Corporate Identification Number) of Nova Tiles is U26933GJ1997PTC032801. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nova Tiles has 1 court case on record: 1 filed against it.
Nova Tiles was incorporated on 08 August 1997, making it 29+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Nova Tiles by revenue are Marhatha Marbles Private Limited, Muse Diagnostics Private Limited, Botanic Love Private Limited, Elite Paints Private Limited, RN & JS Industries Private Limited and 5 more, all in the same principal business activity (Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities).
Atulkumar Himmatlal Shah ceased to be Director on 24 Sep 2012. Yashpalsinh Nirubha Parmar was appointed as Director on 09 Feb 2005. Amarbhai Ashwinbhai Shah was appointed as Director on 03 Feb 2004. Nova Tiles has 4 board changes on record in total.