MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-32-0009011
Option Tiles Private Limited
Option Tiles Private Limited - manufacturing in Morbi, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹2.96 Cr
▼ 50% YoY
Net loss · FY 2025
₹1.61 Cr
Net margin -54.3%
EBITDA · FY 2025
-₹1.13 Cr
EBITDA margin -38%
Authorised capital
₹2.5 Cr
Registered with MCA
Paid-up capital
₹2.5 Cr
Issued & subscribed
Open charges
₹4.72 Cr
Secured borrowings
Company age
14 yrs
Est. 2012
Employees · EPFO
5
Provident fund records
About Option Tiles Private Limited
Data last updated:
Option Tiles Private Limited is a private limited company based in Morbi, Gujarat, India. It operates in the sanitaryware and tile segment of the manufacturing sector. It was incorporated on 30 August 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U26933GJ2012PTC071767. Its GSTIN is 24AABCO7118H1ZM (Gujarat).
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹2.5 Cr. It is led by directors Ashakali Ismail Remani and Jitendrabhai Virjibhai Mordiya.
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 C/O Option Ceramics Lakhdhirpur Road 8 – A National Highway, Morbi, Gujarat, India – 363642.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.96 Cr, a decline of 50% compared to the previous year. For the same year it recorded a net loss of ₹1.61 Cr (net margin -54.3%) and EBITDA of -₹1.13 Cr (EBITDA margin -38%). Revenue has declined at a compounded annual rate (CAGR) of 36% over three years and 27% over five years.
The company has about 5 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹4.72 Cr on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it; 1 case is pending.
Option Tiles Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-32-0009011). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U26933GJ2012PTC071767
Registration Number 071767
Incorporation Date 30 August 2012
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 Small
Udyam Registration UDYAM-GJ-32-0009011
Recognitions & Rankings of Option Tiles
Contact details
Option Tiles Private Limited's registered office is in Morbi, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressC/O Option Ceramics Lakhdhirpur Road 8 – A National Highway, Morbi, Gujarat, India – 363642
- IndustryManufacturing, Sanitaryware & Tile, Ceramics
To see the full contact details of Option Tiles Private Limited, buy the company report.
Comprehensive company report
Option Tiles 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
Business activity
The main business activity of Option Tiles is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| 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 |
To see the full business activity and turnover split of Option Tiles Private Limited, buy the company report.
Financials of Option Tiles Private Limited
FY 2025 filings availableOption Tiles Private Limited reported revenue of ₹2.96 Cr (down 50% YoY) for FY 2025.
Revenue · FY 2025
₹2.96 Cr ▼ 50%
Net loss · FY 2025
₹1.61 Cr margin -54.3%
EBITDA · FY 2025
-₹1.13 Cr margin -38%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 50%
3 years · compounded
▼ 36%
5 years · compounded
▼ 27%
EBITDA CAGR growth
1 year
▼ 684%
3 years · compounded
▼ 50%
5 years · compounded
▼ 24%
Revenue has declined at a compounded annual rate (CAGR) of 27% over five years, including a 50% fall in the latest year. EBITDA fell 684% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹1.13 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.61 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -38% | ||||
| Net Profit Margin | -54.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Option Tiles Private Limited, buy the company report.
Board of directors of Option Tiles Private Limited
Option Tiles has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashakali Ismail Remani Also directs: Imperus Ceramic Private Limited | Director | 30 Aug 2012 | 14 Years 1 Months | Current |
| Jitendrabhai Virjibhai Mordiya Also directs: Imperus Ceramic Private Limited | Director | 30 Aug 2012 | 14 Years 1 Months | Current |
Auditor
Option Tiles Private Limited is audited by V N SITAPARA & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V N SITAPARA & ASSOCIATES | FY 2020 | 123575W |
Shareholding
The shareholding of Option Tiles Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Option Tiles Private Limited, buy the company report.
Charges & borrowings
Open charges
₹4.72 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Mar 2018 | 100179921 | Others | ₹20 Lakh | Open | |
| 26 Feb 2013 | 10413795 | Others | ₹4.52 Cr | Open |
To see the full charge records of Option Tiles Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Option Tiles Private Limited has 3 court cases on record: 1 filed by Option Tiles, 2 filed against it. 1 case is pending and 2 are disposed.
Total cases
3
Filed by the company
1
Filed against the company
2
Pending
1
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, MORBI, Gujarat | Commercial matter | Filed by the company against an individual | Pending |
| District court, RAJKOT, Gujarat | Court case (AGRMNT LC) | Filed against the company by an individual | Disposed |
| District court, RAJKOT, Gujarat | Court case (DST LC) | Filed against the company by an individual | Disposed |
To see the full case history of Option 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Option Tiles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Option Tiles Private Limited has a workforce of 5 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
Employee count
5
Active EPFO establishments
1
Employee growth
-28.57%
GST
Option Tiles has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCO7118H1ZM | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Option Tiles Private Limited, buy the company report.
Recent activity
Option Tiles Private Limited has 3 board changes on record since 2012: 2 appointments and 1 cessation. The latest: Shahbuddin Kasamally Damani ceased to be Director on 22 Feb 2016.
AGM
Option Tiles Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Option Tiles 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. 4.52 Cr registered on 26 Feb 2013 with Charge ID 10413795 was modified on 18 Sep 2021.
Charges
A charge with Others amounted to Rs. 0.20 Cr with Charge ID 100179921 was registered on 29 Mar 2018.
Ceased
Shahbuddin Kasamally Damani ceased to be Director.
Charges
A charge with Others amounted to Rs. 4.52 Cr with Charge ID 10413795 was registered on 26 Feb 2013.
Appointed
Ashakali Ismail Remani was appointed as Director.
Appointed
Jitendrabhai Virjibhai Mordiya was appointed as Director.
Incorporation
30 Aug 2012
Option Tiles Private Limited was registered on 30 Aug 2012 with Roc Ahmedabad & aged 14 years 2 months as per MCA records.
Frequently asked questions
Option Tiles is an active private limited company based in Morbi, Gujarat, India. The company works in sanitaryware and tile, within the manufacturing industry. It was incorporated on 30 August 2012 (14+ years old) and is registered under CIN U26933GJ2012PTC071767.
Option Tiles has 2 current directors:
- Ashakali Ismail Remani - Director
- Jitendrabhai Virjibhai Mordiya - Director
The latest financial statements of Option Tiles 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 Option Tiles is 24AABCO7118H1ZM, registered in Gujarat.
The CIN (Corporate Identification Number) of Option Tiles is U26933GJ2012PTC071767. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Option Tiles has 3 court cases on record: 1 filed by the company and 2 filed against it. 1 is pending.
Option Tiles was incorporated on 30 August 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Shahbuddin Kasamally Damani ceased to be Director on 22 Feb 2016. Ashakali Ismail Remani was appointed as Director on 30 Aug 2012. Jitendrabhai Virjibhai Mordiya was appointed as Director on 30 Aug 2012.
Yes, Option Tiles is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-32-0009011).
The registered office of Option Tiles is at CO Option Ceramics Lakhdhirpur Road 8 – A National Highway, Morbi, Gujarat, India – 363642.