MSME (Udyam registered) Ministry of MSME
- Category
- Small (2022-23)
- Udyam number
- UDYAM-GJ-32-0000817
Panara Ceramic Private Limited - manufacturing in Morbi, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹31.43 Cr
▼ 8% YoY
Net profit · FY 2025
₹11.21 Lakh
Net margin 0.4%
EBITDA · FY 2025
₹1.88 Cr
EBITDA margin 6%
Authorised capital
₹4.25 Cr
Registered with MCA
Paid-up capital
₹4.25 Cr
Issued & subscribed
Open charges
₹10.88 Cr
Secured borrowings
Company age
12 yrs
Est. 2014
Employees · EPFO
19
Provident fund records
About Panara Ceramic Private Limited
Data last updated:
Panara Ceramic 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 20 June 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U26933GJ2014PTC079855. Its GSTIN is 24AAHCP7227N1Z0 (Gujarat).
The company has an authorised share capital of ₹4.25 Cr and a paid-up capital of ₹4.25 Cr. It is led by directors Vinodbhai Keshavjibhai Panara and Amrutlal Keshavjibhai Panara.
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 S. No. 155/P1 & 155/P2 Nr. Spenzzer Ceramic Halvad Road Tal. & Dist. Morbi, Gujarat, India – 363642.
As per the financials filed for FY 2025, the company reported a revenue of ₹31.43 Cr, a decline of 8% compared to the previous year. For the same year it recorded a net profit of ₹11.21 Lakh (net margin 0.4%) and EBITDA of ₹1.88 Cr (EBITDA margin 6%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 3% over five years.
The company has about 19 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Panara Ceramic. As per MCA filings, the company has open charges of ₹10.88 Cr on record. Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it; 1 case is pending.
Panara Ceramic Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-32-0000817). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website panaraceramic.com.
Company details
CIN U26933GJ2014PTC079855
Registration Number 079855
Incorporation Date 20 June 2014
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-32-0000817
Recognitions & Rankings of Panara Ceramic
Contact details
Panara Ceramic Private Limited's registered office is in Morbi, Gujarat. Its website is panaraceramic.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressS. No. 155/P1 & 155/P2 Nr. Spenzzer Ceramic Halvad Road Tal. & Dist. Morbi, Gujarat, India – 363642
- IndustryManufacturing, Sanitaryware & Tile, Ceramics
To see the full contact details of Panara Ceramic Private Limited, buy the company report.
Comprehensive company report
Panara Ceramic 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
Panara Ceramic operates one associated brand: Panara Ceramic. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures and exports ceramic wall and floor tiles with various finishes. | panaraceramic.com |
Business activity
The main business activities of Panara Ceramic are manufacturing and trade. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products and wholesale trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Panara Ceramic Private Limited, buy the company report.
Financials of Panara Ceramic Private Limited
FY 2025 filings availablePanara Ceramic Private Limited reported revenue of ₹31.43 Cr (down 8% YoY) for FY 2025.
Revenue · FY 2025
₹31.43 Cr ▼ 8%
Net profit · FY 2025
₹11.21 Lakh margin 0.4%
EBITDA · FY 2025
₹1.88 Cr margin 6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 8%
3 years · compounded
▼ 1%
5 years · compounded
▲ 3%
EBITDA CAGR growth
1 year
▲ 2%
3 years · compounded
▲ 5%
5 years · compounded
▼ 2%
Revenue fell 8% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA rose 2% 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 |
|---|---|---|---|---|---|
| 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 | ₹1.88 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹11.21 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6% | ||||
| Net Profit Margin | 0.4% | ||||
| 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 Panara Ceramic Private Limited, buy the company report.
Board of directors of Panara Ceramic Private Limited
Panara Ceramic has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinodbhai Keshavjibhai Panara Also directs: Porse Granito LLP | Director | 20 Jun 2014 | 12 Years 4 Months | Current |
| Amrutlal Keshavjibhai Panara Also directs: Porse Granito LLP, Datt Polyplast LLP | Director | 20 Jun 2014 | 12 Years 4 Months | Current |
Auditor
Panara Ceramic Private Limited is audited by Dhamsaniya Rajdev & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Dhamsaniya Rajdev & Associates | FY 2023 | 144406W |
Shareholding
The shareholding of Panara Ceramic 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Panara Ceramic Private Limited, buy the company report.
Charges & borrowings
Open charges
₹10.88 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Sep 2017 | 100124818 | Others | ₹10.88 Cr | Open |
To see the full charge records of Panara Ceramic Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Panara Ceramic Private Limited has 4 court cases on record: 3 filed by Panara Ceramic, 1 filed against it. 1 case is pending and 3 are disposed.
Total cases
4
Filed by the company
3
Filed against the company
1
Pending
1
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
| Supreme Court | 2 | 1 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1503-Appeal Against Orders Of Statutory Bodies : Tribunals) | Filed against the company by M/S Radhe Renewable Energy Development Pvt. Ltd. Through Its Managing Director Factory and Office at Plot No. 2621/22, Gate No. 1, Road D/2, Lodhika Gidc, Kalawad Road, P.O. Metoda, Talyka-Lodhika , District: Rajkot ,Rajkot , Gujarat | Pending |
| High Court, GUJARAT | Special civil application | Filed by the company against Indian Council of Ceramic Tiles and Sanitaryware and 174 others | Disposed |
| Supreme Court | Court case (1807-Ordinary Civil Matters : Others) | Filed by the company against The State of Gujarat Through the Secretary Sachivalaya , District: . ,Gandhinagar , Gujarat and 5 others | Disposed |
| High Court of Gujarat | Special civil application | Filed by the company against State of Gujarat | Disposed |
To see the full case history of Panara Ceramic 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.
Credit ratings & regulatory alerts
Panara Ceramic Private Limited was last rated by Brickwork on 21 Jan 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 21 Jan 2022 |
To see the full credit ratings and regulatory alerts of Panara Ceramic Private Limited, buy the company report.
MSME payment delays
Panara Ceramic Private Limited has 3 MSME Form 1 returns on record for the period ending Sep 2019, listing 216 overdue payments to 20 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 20)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Supreme Glazes Private Limited | |||
| Shreenath Ceramic Industries | |||
| Titan Print Pack | |||
| Dwarkesh Packaging | |||
| Deluxe Packaging |
To see the full MSME payment records of Panara Ceramic Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Panara Ceramic Private Limited has a workforce of 19 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
19
Active EPFO establishments
1
GST
Panara Ceramic has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAHCP7227N1Z0 | Gujarat | Active | 04 Jul 2017 |
To see the full GST registrations and return filing status of Panara Ceramic Private Limited, buy the company report.
Recent activity
Panara Ceramic Private Limited has 2 board changes on record since 2014: 2 appointments. The latest: Amrutlal Keshavjibhai Panara was appointed as Director on 20 Jun 2014.
AGM
Panara Ceramic Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Panara Ceramic 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. 10.88 Cr registered on 26 Sep 2017 with Charge ID 100124818 was modified on 20 Jul 2022.
Charges
A charge with Others amounted to Rs. 10.88 Cr with Charge ID 100124818 was registered on 26 Sep 2017.
Appointed
Amrutlal Keshavjibhai Panara was appointed as Director.
Appointed
Vinodbhai Keshavjibhai Panara was appointed as Director.
Incorporation
20 Jun 2014
Panara Ceramic Private Limited was registered on 20 Jun 2014 with Roc Ahmedabad & aged 12 years 4 months as per MCA records.
Frequently asked questions
Panara Ceramic 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 20 June 2014 (12+ years old) and is registered under CIN U26933GJ2014PTC079855.
Panara Ceramic has 2 current directors:
- Vinodbhai Keshavjibhai Panara - Director
- Amrutlal Keshavjibhai Panara - Director
The latest financial statements of Panara Ceramic 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 Panara Ceramic is 24AAHCP7227N1Z0, registered in Gujarat.
The CIN (Corporate Identification Number) of Panara Ceramic is U26933GJ2014PTC079855. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Panara Ceramic has 4 court cases on record: 3 filed by the company and 1 filed against it. 1 is pending. Most are in the high courts.
Panara Ceramic was incorporated on 20 June 2014, making it 12+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Amrutlal Keshavjibhai Panara was appointed as Director on 20 Jun 2014. Vinodbhai Keshavjibhai Panara was appointed as Director on 20 Jun 2014.
Yes, Panara Ceramic is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-32-0000817).
Panara Ceramic has 3 MSME Form 1 returns on record for the period ending Sep 2019, listing 216 overdue payments to 20 micro and small suppliers. The latest return was filed on 13 Nov 2019.
Panara Ceramic can be reached through the website panaraceramic.com. Its registered office is in Morbi, Gujarat, India.