Opaque Ceramics Private Limited

Opaque Ceramics Private Limited - chemicals and materials in Sanand, Gujarat, India. FY 2026 financials & compliance.
CIN U26933GJ1994PTC023018 Incorporated 15 September 1994 ROC Ahmedabad HQ Sanand, Gujarat, India
Active Private Limited Company chemicals and materials MSME · Medium
Data last updated
Revenue · FY 2025
₹155.1 Cr
▲ 3% YoY
Net profit · FY 2025
₹10.59 Cr
Net margin 6.8%
EBITDA · FY 2025
₹15.43 Cr
EBITDA margin 9.9%
Authorised capital
₹75 Lakh
Registered with MCA
Paid-up capital
₹52.75 Lakh
Issued & subscribed
Open charges
₹147.59 Cr
Satisfied ₹35.47 Cr
Company age
32 yrs
Est. 1994
Employees · EPFO
40
Provident fund records

About Opaque Ceramics Private Limited

Data last updated:

Opaque Ceramics Private Limited is a private limited company based in Sanand, Gujarat, India. It operates in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 15 September 1994 and has been in existence for over 32 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U26933GJ1994PTC023018. Its GSTIN is 24AAACO1727H1ZS (Gujarat).

The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹52.75 Lakh. It is led by directors including Atit Maheshbhai Vora and Nishant Maheshbhai Vora.

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 207 208 Navratna Corporate Park, Sanand, Gujarat.

As per the financials filed for FY 2025, the company reported a revenue of ₹155.1 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹10.59 Cr (net margin 6.8%) and EBITDA of ₹15.43 Cr (EBITDA margin 9.9%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 20% over five years.

The company has about 40 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Opaque Ceramics. As per MCA filings, the company has open charges of ₹147.59 Cr and satisfied charges of ₹35.47 Cr on record. Court records list 18 cases involving the company, including 15 filed by the company and 3 filed against it; 7 cases are pending. The company has 4 deals on record (3 secondary share transfers, 1 rights issue); the latest was in December 2020. The company has 3 MSME Form 1 returns on record between 2020 and 2021, listing 50 overdue payments to 9 micro and small suppliers.

Opaque Ceramics Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0064710). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website opaqueceramics.com.

Company details

CIN U26933GJ1994PTC023018
Registration Number 023018
Incorporation Date 15 September 1994
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-01-0064710
Key People
Atit Maheshbhai Vora Director Nishant Maheshbhai Vora Director Kalpanaben Maheshbhai Vora Director

Recognitions & Rankings of Opaque Ceramics

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-GJ-01-0064710

Contact details

Opaque Ceramics Private Limited's registered office is in Sanand, Gujarat. Its website is opaqueceramics.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    opaqueceramics.com
  • Registered Address
    Block A Office No. 207 208 Navratna Corporate Park, Opp. Dishman Corporate House Ambli Bopal Road, Sanand, Gujarat, India – 380058
  • Industry
    Chemicals and Materials, Industrial Chemicals

To see the full contact details of Opaque Ceramics Private Limited, buy the company report.

Comprehensive company report
Opaque Ceramics 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
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Brands

Opaque Ceramics operates one associated brand: Opaque Ceramics. Each brand links to its own profile.

BrandDescriptionWebsite
Opaque Ceramics
Manufactures and supplies zirconium silicate opacifiers for ceramic production worldwide.opaqueceramics.com

Business activity

The main business activity of Opaque Ceramics is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC8Plastic products, non-metallic mineral products, rubber products, fabricated metal products

To see the full business activity and turnover split of Opaque Ceramics Private Limited, buy the company report.

Financials of Opaque Ceramics Private Limited

FY 2025 filings available

Opaque Ceramics Private Limited reported revenue of ₹155.1 Cr (up 3% YoY) for FY 2025.

Revenue · FY 2025
₹155.1 Cr ▲ 3%
Net profit · FY 2025
₹10.59 Cr margin 6.8%
EBITDA · FY 2025
₹15.43 Cr margin 9.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 3%
3 years · compounded
▼ 2%
5 years · compounded
▲ 20%
EBITDA CAGR growth
1 year
▲ 115%
3 years · compounded
▼ 33%
5 years · compounded
▼ 1%

Revenue has grown at a compounded annual rate (CAGR) of 20% over five years, including 3% growth in the latest year. EBITDA rose 115% 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₹15.43 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹10.59 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 Margin9.9%
Net Profit Margin6.8%
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 Opaque Ceramics Private Limited, buy the company report.

Board of directors of Opaque Ceramics Private Limited

Opaque Ceramics has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Atit Maheshbhai Vora
Also directs: Opaque Zircon Private Limited, Ore Cera Private Limited, Opaque Ventures LLP and 1 more
Director14 Dec 200421 Years 10 MonthsCurrent
Nishant Maheshbhai Vora
Also directs: Opaque Zircon Private Limited, Ore Cera Private Limited, Opaque Ventures LLP and 1 more
Director24 Nov 200619 Years 11 MonthsCurrent
Kalpanaben Maheshbhai Vora
Also directs: Opaque Zircon Private Limited, Ore Cera Private Limited
Director15 Sep 199432 Years 1 MonthsCurrent
View all directors

Auditor

Opaque Ceramics Private Limited is audited by Bihari Shah & Co. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Bihari Shah & Co.FY 2023119020W

Shareholding

The shareholding of Opaque Ceramics 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 Opaque Ceramics Private Limited, buy the company report.

Charges & borrowings

Open charges
₹147.59 Cr
Satisfied charges
₹35.47 Cr
Breakdown by lending institutions
Others₹97.59 Cr
Hdfc Bank Limited₹50.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
08 Aug 2023100763927Hdfc Bank Limited₹50 CrOpen
16 Jun 2023100736453Others₹46.25 CrOpen
02 May 2023100723349Others₹40 CrOpen
02 May 2023100723353Others₹6.35 CrOpen
27 Dec 2021100527846Others₹4.99 CrOpen

To see the full charge records of Opaque Ceramics Private Limited, buy the company report.

Total charge records: 12 View all charges

Deals & funding

Opaque Ceramics Private Limited has 4 deals on record (3 secondary share transfers, 1 rights issue); the latest was in December 2020.

Total deals
4
Secondary share transfers
3
Rights issue
1

Deals on record (4 of 4)

WhenDealAmountParties
Dec 2020Secondary share transferUndisclosedBuyer: 2 individuals
Seller: an individual
Nov 2017Rights issue₹50.6 LakhInvestors: 2 individuals
Mar 2017Secondary share transferUndisclosedBuyer: 3 individuals
Seller: 2 individuals
Mar 2008Secondary share transferUndisclosedBuyer: 2 individuals
Seller: 2 individuals

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Opaque Ceramics Private Limited was last rated by Crisil on 22 Oct 2020.

Rating agencyRated onRating
Crisil22 Oct 2020

To see the full credit ratings and regulatory alerts of Opaque Ceramics Private Limited, buy the company report.

MSME payment delays

Opaque Ceramics Private Limited has 3 MSME Form 1 returns on record between 2020 and 2021, listing 50 overdue payments to 9 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 9)

SupplierAmount dueDue sinceReported on
an individual supplier
an individual supplier
Labh Polyfab Private Limited
Arvico Rubber Industries
Ketan Industrial Services

To see the full MSME payment records of Opaque Ceramics Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Opaque Ceramics Private Limited has a workforce of 40 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.

Employee count
40
Active EPFO establishments
1
Employee growth
-16.67%

GST

Opaque Ceramics has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAACO1727H1ZSGujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Opaque Ceramics Private Limited, buy the company report.

Recent activity

Opaque Ceramics Private Limited has 5 board changes on record since 1994: 3 appointments and 2 cessations. The latest: Mahesh Amratlal Vora ceased to be Director on 27 Jan 2017.

AGM
Opaque Ceramics Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Opaque Ceramics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others of Rs. 4,000.00 Lakh registered on 02 May 2023 with Charge ID 100723349 was modified on 09 Jul 2024.
Charges
A charge registered on 30 Dec 2021 via Charge ID 100523948 with Hdfc Bank Limited was fully satisfied on 21 Mar 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 5,000.00 Lakh with Charge ID 100763927 was registered on 08 Aug 2023.
Charges
A charge with Others of Rs. 4,625.00 Lakh registered on 16 Jun 2023 with Charge ID 100736453 was modified on 04 Jul 2023.
Charges
A charge with Others amounted to Rs. 4,625.00 Lakh with Charge ID 100736453 was registered on 16 Jun 2023.
Charges
A charge with Others amounted to Rs. 635.00 Lakh with Charge ID 100723353 was registered on 02 May 2023.
Charges
A charge with Others amounted to Rs. 4,000.00 Lakh with Charge ID 100723349 was registered on 02 May 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 263.00 Lakh with Charge ID 100523948 was registered on 30 Dec 2021.
Charges
A charge with Others amounted to Rs. 498.75 Lakh with Charge ID 100527846 was registered on 27 Dec 2021.
Charges
A charge registered on 25 Mar 2009 via Charge ID 10152228 with Others was fully satisfied on 06 Apr 2021.

20 earlier events are in the company report.

Frequently asked questions

Opaque Ceramics is an active private limited company based in Sanand, Gujarat, India. The company works in industrial chemicals, within the chemicals and materials industry. It was incorporated on 15 September 1994 (32+ years old) and is registered under CIN U26933GJ1994PTC023018.

Opaque Ceramics has 3 current directors:

The latest financial statements of Opaque Ceramics on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Opaque Ceramics is 24AAACO1727H1ZS, registered in Gujarat.

The CIN (Corporate Identification Number) of Opaque Ceramics is U26933GJ1994PTC023018. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Opaque Ceramics has 18 court cases on record: 15 filed by the company and 3 filed against it. 7 are pending. Most are in the district courts.

Opaque Ceramics was incorporated on 15 September 1994, making it 32+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Opaque Ceramics has 4 deals on record (3 secondary share transfers, 1 rights issue); the latest was in December 2020.

Mahesh Amratlal Vora ceased to be Director on 27 Jan 2017. Singh Umashankar ceased to be Director on 30 Apr 2008. Nishant Maheshbhai Vora was appointed as Director on 24 Nov 2006. Opaque Ceramics has 5 board changes on record in total.

Yes, Opaque Ceramics is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-01-0064710).

Opaque Ceramics has 3 MSME Form 1 returns on record between 2020 and 2021, listing 50 overdue payments to 9 micro and small suppliers. The latest return was filed on 14 May 2021.