- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-32-0000127

About Plazma Granito Private Limited
Data last updated:
Plazma Granito Private Limited is a private limited company based in Wankaner, Gujarat, India. It operates in the ceramics segment of the manufacturing sector. It was incorporated on 30 December 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U26933GJ2014PTC081672. Its GSTIN is 24AAHCP9450F1ZC (Gujarat).
The company has an authorised share capital of ₹14 Cr and a paid-up capital of ₹12 Cr. It is led by directors including Manoj Becharbhai Bhumbharia and Hareshbhai Bhavanbhai Kanetia.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Survey No. 163/1 Lakaddhar Road Village: Matel, Wankaner, Gujarat, India – 363621.
As per the financials filed for FY 2025, the company reported a revenue of ₹56.51 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹25.35 Lakh (net margin 0.4%) and EBITDA of ₹6.16 Cr (EBITDA margin 10.9%). Revenue has grown at a compounded annual rate (CAGR) of 8% over five years.
The company has about 21 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Plazma Granito. As per MCA filings, the company has open charges of ₹29.2 Cr on record. Court records list 5 cases involving the company, including 2 filed by the company and 3 filed against it; 2 cases are pending. The company has 4 deals on record (2 rights issues, 2 secondary share transfers); the latest was in August 2024. Its 6 peer companies 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) are compared by revenue, 3 larger and 3 smaller; the largest is Swizzer Ceramic Private Limited with revenue of ₹56.83 Cr. The company has 1 MSME Form 1 return on record for the period ending Jan 2019, listing 99 overdue payments to 6 micro and small suppliers.
Plazma Granito Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-32-0000127). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website plazmagranito.com.
Company details
Recognitions & Rankings of Plazma Granito
Contact details
Plazma Granito Private Limited's registered office is in Wankaner, Gujarat. Its website is plazmagranito.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSurvey No. 163/1 Lakaddhar Road Village: Matel, Wankaner, Gujarat, India – 363621
- IndustryManufacturing, Ceramics, Sanitaryware & Tile
To see the full contact details of Plazma Granito Private Limited, buy the company report.
- 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
Brands
Plazma Granito operates one associated brand: Plazma Granito. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Produces and supplies innovative premium ceramic tiles for construction and design. | plazmagranito.com |
Business activity
The main business activity of Plazma Granito 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 Plazma Granito Private Limited, buy the company report.
Financials of Plazma Granito Private Limited
FY 2024 filings availablePlazma Granito Private Limited reported revenue of ₹56.51 Cr (up 7% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 7% growth in the latest year. EBITDA rose 27% 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 | ₹6.16 Cr | ||||
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| Net Profit (PAT) | ₹25.35 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 10.9% | ||||
| Net Profit Margin | 0.4% | ||||
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To see the full financial statements and ratios of Plazma Granito Private Limited, buy the company report.
Board of directors of Plazma Granito Private Limited
Plazma Granito has 5 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manoj Becharbhai Bhumbharia | Director | 25 Aug 2015 | 11 Years 2 Months | Current |
| Hareshbhai Bhavanbhai Kanetia | Director | 25 Mar 2020 | 6 Years 7 Months | Current |
| Ramnikbhai Jivanbhai Julasna | Director | 25 Mar 2020 | 6 Years 7 Months | Current |
| Shashikant Shivabhai Patel | Director | 25 Mar 2020 | 6 Years 7 Months | Current |
| Jaydeep Ghanshyambhai Kanetiya | Director | 25 Mar 2020 | 6 Years 7 Months | Current |
Peer comparison
Plazma Granito Private Limited is compared with the 6 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Swizzer Ceramic Private Limited | ₹56.83 Cr (FY 2025) | 0.0% | Morbi, Gujarat, India | |||
| Accord Plus Ceramics Private Limited | ₹56.79 Cr (FY 2025) | -2.0% | Gujarat, India | |||
| Coral Plus Ceramic Private Limited | ₹56.78 Cr (FY 2025) | -23.0% | Lalpar, Gujarat, India | |||
| Plazma Granito Private Limitedthis company | ₹56.51 Cr (FY 2025) | ₹25.35 Lakh | 0.4% | 7.0% | 21 | Wankaner, Gujarat, India |
| Adison Granito Private Limited | ₹56.19 Cr (FY 2021) | 56.0% | Ahmedabad, Gujarat, India | |||
| Letic Vitrified Private Limited | ₹55.93 Cr (FY 2025) | -6.0% | Morbi, Gujarat, India | |||
| Trivedi Corp Private Limited | ₹55.85 Cr (FY 2025) | 4.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Plazma Granito Private Limited, buy the company report.
Auditor
Plazma Granito Private Limited is audited by PATEL SONI SHAH & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PATEL SONI SHAH & CO. | FY 2023 | 127904W |
Shareholding
The shareholding of Plazma Granito 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 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
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| Public | |||||
| Others |
To see the full shareholding pattern of Plazma Granito Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Jun 2016 | 100030987 | Canara Bank | ₹29.2 Cr | Open |
To see the full charge records of Plazma Granito Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Plazma Granito Private Limited has 4 deals on record (2 rights issues, 2 secondary share transfers); the latest was in August 2024.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2024 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| May 2016 | Rights issue | ₹11.31 Cr | Investors: 4 individuals |
| Sep 2015 | Rights issue | ₹68 Lakh | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Plazma Granito Private Limited has 5 court cases on record: 2 filed by Plazma Granito, 3 filed against it. 2 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| Supreme Court | 2 | 1 | 1 |
| District courts | 1 | 1 | 0 |
| High courts | 1 | 0 | 0 |
| NCLT | 1 | 1 | 1 |
Cases on record (5 of 5)
| 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 |
| NCLT, Ahmedabad | Company petition | Filed against the company by an individual | Pending |
| District court, Sonepat, Haryana | Civil suit | Filed against the company by an individual | 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 |
To see the full case history of Plazma Granito 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
Plazma Granito Private Limited was last rated by Crisil on 25 Jun 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 25 Jun 2020 |
To see the full credit ratings and regulatory alerts of Plazma Granito Private Limited, buy the company report.
MSME payment delays
Plazma Granito Private Limited has 1 MSME Form 1 return on record for the period ending Jan 2019, listing 99 overdue payments to 6 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 6)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Dhruv Print Pack Industries | |||
| an individual supplier | |||
| Floorex Tiles | |||
| an individual supplier | |||
| Astron Zircon Private Limited |
To see the full MSME payment records of Plazma Granito Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Plazma Granito Private Limited has a workforce of 21 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Plazma Granito has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAHCP9450F1ZC | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Plazma Granito Private Limited, buy the company report.
Recent activity
Plazma Granito Private Limited has 11 board changes on record since 2014: 8 appointments and 3 cessations. The latest: Navinbhai Hirjibhai Ghetiya ceased to be Director on 26 Sep 2021.
4 earlier events are in the company report.
Frequently asked questions
Plazma Granito is an active private limited company based in Wankaner, Gujarat, India. The company works in ceramics, within the manufacturing industry. It was incorporated on 30 December 2014 (12+ years old) and is registered under CIN U26933GJ2014PTC081672.
Plazma Granito has 5 current directors:
- Manoj Becharbhai Bhumbharia - Director
- Hareshbhai Bhavanbhai Kanetia - Director
- Ramnikbhai Jivanbhai Julasna - Director
- Shashikant Shivabhai Patel - Director
- Jaydeep Ghanshyambhai Kanetiya - Director
The latest financial statements of Plazma Granito on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Plazma Granito is 24AAHCP9450F1ZC, registered in Gujarat.
The CIN (Corporate Identification Number) of Plazma Granito is U26933GJ2014PTC081672. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Plazma Granito has 5 court cases on record: 2 filed by the company and 3 filed against it. 2 are pending. Most are in the supreme court.
Plazma Granito was incorporated on 30 December 2014, making it 12+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Plazma Granito has 4 deals on record (2 rights issues, 2 secondary share transfers); the latest was in August 2024.
The peers of Plazma Granito by revenue are Swizzer Ceramic Private Limited, Accord Plus Ceramics Private Limited, Coral Plus Ceramic Private Limited, Adison Granito Private Limited, Letic Vitrified Private Limited and 1 more, 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).
Navinbhai Hirjibhai Ghetiya ceased to be Director on 26 Sep 2021. Jitendrabhai Bhupatbhai Trasadiya ceased to be Director on 25 May 2020. Hareshbhai Bhavanbhai Kanetia was appointed as Director on 25 Mar 2020. Plazma Granito has 11 board changes on record in total.
Yes, Plazma Granito is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-32-0000127).
Plazma Granito has 1 MSME Form 1 return on record for the period ending Jan 2019, listing 99 overdue payments to 6 micro and small suppliers. The latest return was filed on 31 May 2019.

