Platina Vitrified Private Limited

Platina Vitrified Private Limited - manufacturing in Lalpar, Gujarat, India. FY 2026 financials & compliance.
CIN U26914GJ2011PTC064406 Incorporated 12 March 2011 ROC Ahmedabad HQ Lalpar, Gujarat, India
Active Private Limited Company manufacturing MSME · Medium
Data last updated
Revenue · FY 2025
₹43.45 Cr
▼ 25% YoY
Net profit · FY 2025
₹11.04 Lakh
Net margin 0.3%
EBITDA · FY 2025
₹3.34 Cr
EBITDA margin 7.7%
Authorised capital
₹11.25 Cr
Registered with MCA
Paid-up capital
₹11 Cr
Issued & subscribed
Open charges
₹29.65 Cr
Satisfied ₹15 Cr
Company age
15 yrs
Est. 2011
Employees · EPFO
20
Provident fund records

About Platina Vitrified Private Limited

Data last updated:

Platina Vitrified Private Limited is a private limited company based in Lalpar, Gujarat, India. It operates in the ceramics segment of the manufacturing sector. It was incorporated on 12 March 2011 and has been in existence for over 15 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U26914GJ2011PTC064406. Its GSTIN is 24AAFCP8994A1Z9 (Gujarat).

The company has an authorised share capital of ₹11.25 Cr and a paid-up capital of ₹11 Cr. It is led by directors including Dilip Motibhai Mendapara and Himatlal Mavjibai Saradva.

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. 67P1 B/H. Shreejigold Ceramic Tal. Morbi, Lalpar, Gujarat, India – 363642.

As per the financials filed for FY 2025, the company reported a revenue of ₹43.45 Cr, a decline of 25% compared to the previous year. For the same year it recorded a net profit of ₹11.04 Lakh (net margin 0.3%) and EBITDA of ₹3.34 Cr (EBITDA margin 7.7%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years and 3% over five years.

The company has about 20 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Pengvin Ceramics. As per MCA filings, the company has open charges of ₹29.65 Cr and satisfied charges of ₹15 Cr on record. Court records list 39 cases involving the company, including 33 filed by the company and 6 filed against it; 11 cases are pending.

Platina Vitrified Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-32-0008960). The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website platinavitrified.com.

Company details

CIN U26914GJ2011PTC064406
Registration Number 064406
Incorporation Date 12 March 2011
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 Non-Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-32-0008960
Key People
Dilip Motibhai Mendapara Director Himatlal Mavjibai Saradva Director Suresh Babulal Saradava Director

Recognitions & Rankings of Platina Vitrified

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-GJ-32-0008960

Contact details

Platina Vitrified Private Limited's registered office is in Lalpar, Gujarat. Its website is platinavitrified.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    platinavitrified.com
  • Social Media
  • Registered Address
    S. No. 67P1 B/H. Shreejigold Ceramic Tal. Morbi, Lalpar, Gujarat, India – 363642
  • Industry
    Manufacturing, Ceramics, Sanitaryware & Tile

To see the full contact details of Platina Vitrified Private Limited, buy the company report.

Comprehensive company report
Platina Vitrified 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

Platina Vitrified operates one associated brand: PENGVIN CERAMICS. Each brand links to its own profile.

BrandDescriptionWebsite
PENGVIN CERAMICS
Manufactures and supplies high-quality vitrified tiles for construction and export markets.platinavitrified.com

Business activity

The main business activity of Platina Vitrified 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 Platina Vitrified Private Limited, buy the company report.

Financials of Platina Vitrified Private Limited

FY 2025 filings available

Platina Vitrified Private Limited reported revenue of ₹43.45 Cr (down 25% YoY) for FY 2025.

Revenue · FY 2025
₹43.45 Cr ▼ 25%
Net profit · FY 2025
₹11.04 Lakh margin 0.3%
EBITDA · FY 2025
₹3.34 Cr margin 7.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 25%
3 years · compounded
▼ 2%
5 years · compounded
▼ 3%
EBITDA CAGR growth
1 year
▼ 22%
3 years · compounded
▼ 10%
5 years · compounded
▼ 12%

Revenue has declined at a compounded annual rate (CAGR) of 3% over five years, including a 25% fall in the latest year. EBITDA fell 22% 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₹3.34 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹11.04 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin7.7%
Net Profit Margin0.3%
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 Platina Vitrified Private Limited, buy the company report.

Board of directors of Platina Vitrified Private Limited

Platina Vitrified has 6 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Dilip Motibhai MendaparaDirector12 Mar 201115 Years 7 MonthsCurrent
Himatlal Mavjibai SaradvaDirector15 Sep 201412 Years 1 MonthsCurrent
Suresh Babulal SaradavaDirector12 Mar 201115 Years 7 MonthsCurrent
Hitesh Laljibhai SaradavaDirector15 Sep 201412 Years 1 MonthsCurrent
Kamlesh Revalal SaradavaDirector12 Mar 201115 Years 7 MonthsCurrent
Arvindkumar Laljibhai PatelDirector12 Mar 201115 Years 7 MonthsCurrent
View all directors

Peer comparison

Platina Vitrified Private Limited is compared with the 4 companies closest to it by revenue in the Manufacturing industry (Ceramics, Sanitaryware and Tiles), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Symbosa Granito Private Limited₹43.77 Cr (FY 2025)-7.0%Matel, Gujarat, India
Metroworld Tiles Private Limited₹43.76 Cr (FY 2024)3.0%Ghuntu, Gujarat, India
Alinta Granito Private Limited₹43.49 Cr (FY 2025)-41.0%Morbi, Gujarat, India
Platina Vitrified Private Limitedthis company₹43.45 Cr (FY 2025)₹11.04 Lakh0.3%-25.0%20Lalpar, Gujarat, India
Axison Vitrified Private Limited₹43.03 Cr (FY 2025)7.0%Khakhrechi, Gujarat, India

To see the full peer comparison of Platina Vitrified Private Limited, buy the company report.

Auditor

Platina Vitrified Private Limited is audited by Dhamsaniya Rajdev & Associate for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Dhamsaniya Rajdev & AssociateFY 2023144406W

Shareholding

The shareholding of Platina Vitrified 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 Platina Vitrified Private Limited, buy the company report.

Charges & borrowings

Open charges
₹29.65 Cr
Satisfied charges
₹15 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹29.65 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
31 Dec 2024101026997Hdfc Bank Limited₹29.65 CrOpen
19 Sep 201110308801State Bank of India₹15 CrSatisfied

To see the full charge records of Platina Vitrified Private Limited, buy the company report.

Total charge records: 2 View all charges

Credit ratings & regulatory alerts

Platina Vitrified Private Limited was last rated by Crisil on 27 Jan 2020.

Rating agencyRated onRating
Crisil27 Jan 2020

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

MSME payment delays

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

Employees & EPFO

Platina Vitrified Private Limited has a workforce of 20 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.

Employee count
20
Active EPFO establishments
1
Employee growth
-4.76%

GST

Platina Vitrified has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAFCP8994A1Z9GujaratActive01 Jul 2017

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

Recent activity

Platina Vitrified Private Limited has 12 board changes on record since 2011: 9 appointments and 3 cessations. The latest: Himatlal Mavjibai Saradva was appointed as Director on 15 Sep 2014.

AGM
Platina Vitrified Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited of Rs. 29.65 Cr registered on 31 Dec 2024 with Charge ID 101026997 was modified on 28 May 2025.
Filing
Platina Vitrified Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge registered on 19 Sep 2011 via Charge ID 10308801 with State Bank Of India was fully satisfied on 15 Jan 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 29.65 Cr with Charge ID 101026997 was registered on 31 Dec 2024.
Charges
A charge with State Bank Of India of Rs. 15.00 Cr registered on 19 Sep 2011 with Charge ID 10308801 was modified on 16 Jul 2024.
Appointed
Himatlal Mavjibai Saradva was appointed as Director.
Appointed
Hitesh Laljibhai Saradava was appointed as Director.
Ceased
Kamleshbhai Bachubhai Adroja ceased to be Director.
Ceased
Rajeshkumar Gandubhai Kalariya ceased to be Director.
Ceased
Yogeshbhai Motibhai Adroja ceased to be Director.
Charges
A charge with State Bank Of India amounted to Rs. 15.00 Cr with Charge ID 10308801 was registered on 19 Sep 2011.

8 earlier events are in the company report.

Frequently asked questions

Platina Vitrified is an active private limited company based in Lalpar, Gujarat, India. The company works in ceramics, within the manufacturing industry. It was incorporated on 12 March 2011 (15+ years old) and is registered under CIN U26914GJ2011PTC064406.

Platina Vitrified has 6 current directors:

The latest financial statements of Platina Vitrified 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 Platina Vitrified is 24AAFCP8994A1Z9, registered in Gujarat.

The CIN (Corporate Identification Number) of Platina Vitrified is U26914GJ2011PTC064406. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Platina Vitrified has 39 court cases on record: 33 filed by the company and 6 filed against it. 11 are pending. Most are in the district courts.

Platina Vitrified was incorporated on 12 March 2011, making it 15+ years old. It is registered with the Registrar of Companies, Ahmedabad.

The peers of Platina Vitrified by revenue are Symbosa Granito Private Limited, Metroworld Tiles Private Limited, Alinta Granito Private Limited, Axison Vitrified Private Limited, all in the Manufacturing industry (Ceramics, Sanitaryware and Tiles), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).

Himatlal Mavjibai Saradva was appointed as Director on 15 Sep 2014. Hitesh Laljibhai Saradava was appointed as Director on 15 Sep 2014. Kamleshbhai Bachubhai Adroja ceased to be Director on 15 Sep 2014. Platina Vitrified has 12 board changes on record in total.

Yes, Platina Vitrified is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-32-0008960).

Platina Vitrified can be reached through the website platinavitrified.com. Its registered office is in Lalpar, Gujarat, India.