About Restile Ceramics Limited
Data last updated: 14 July 2026
Restile Ceramics Limited is a public limited company based in Vadodara, Gujarat, India, a subsidiary of Solomed Pte Ltd. It specialises in sanitaryware and tile, a part of the broader manufacturing sector. Incorporated on 26 May 1986, the company has been in operation for over 40 years.
Registered with ROC Ahmedabad under CIN L26931AP1986PLC006480. Listed on BSE: 515085.
Capital: an authorised share capital of ₹100 Cr and a paid-up capital of ₹98.28 Cr. It is led by directors including Yash Kaushik Shah and Viren Rathod.
Last AGM: 09 September 2025. Financial statements filed for year ended 31 March 2025. Office: 204 Sakar Complex Opp Abs Tower Vaccine Crossing Old Padra Road, Vadodara, Gujarat, India – 390015.
As per BSE-filed standalone financials for FY 2026, the company reported a revenue of ₹5.63 Cr, reflecting significant growth compared to the previous year. Total assets are valued at ₹5.7 Cr (down 15.62% YoY).
The company has a workforce of approximately 9 employees as per the latest available data. It operates as a subsidiary of Solomed Pte Ltd.
The company is associated with 1 brand - Restile Ceramics. As per MCA filings, the company has satisfied charges of ₹24.81 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website restile.com.
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Registered Address204 Sakar Complex Opp Abs Tower Vaccine Crossing Old Padra Road, Vadodara, Gujarat, India – 390015
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IndustryManufacturing, Sanitaryware & Tile, Ceramics
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
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CIN History of Restile Ceramics Limited
Restile Ceramics Limited has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L26931GJ1986PLC102350, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L26931GJ1986PLC102350 | Current |
| L26931AP1986PLC006480 | Previous |
| L26931TG1986PLC006480 | Previous |
Associated Brands with Restile Ceramics Limited
Restile Ceramics Limited operates one associated brand: Restile Ceramics. These brands represent Restile Ceramics Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Granite tiles are manufactured and supplied by Restile Ceramics. | restile.com |
Competitors & Alternatives of Restile Ceramics Limited
Brands and companies operating in the same space as Restile Ceramics Limited include Somany Ceramics, Simpolo, Fireclay Tile and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Somany Ceramics
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Ceramic tiles are manufactured by Somany Ceramics in India. | Noida, India, India | 1969 |
Simpolo
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Vitrified tiles and bathware products are manufactured for diverse applications. | Morbi, India, India | 1977 |
Fireclay Tile
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Made-to-order tiles are manufactured by Fireclay Tile. | San Francisco, United States, United States | 1986 |
Armstrong Flooring
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Manufacturer of flooring products and building materials | Lancaster, United States, United States | 2016 |
RAK Ceramics
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Manufacturer of wall and floor ceramic and porcelain tiles for interiors and exteriors | Ras Al-khaimah, United Arab Emirates, United Arab Emirates | 1989 |
Careers Hainaut
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Tiles and flooring products are manufactured in Belgium since 1888. | Soignies, Belgium, Belgium | 1888 |
Daltile
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Daltile is recognized as a leading manufacturer of ceramic, porcelain, and natural stone tiles in the United States. | Dallas, United States, United States | 1947 |
Varmora Granito
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Ceramic flooring tiles are manufactured for construction applications. | Mumbai, India, India | 2003 |
Arizona Tile
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Sells tiles and slabs for residential and commercial building projects. | Tempe, United States, United States | 1977 |
Business Activity of Restile Ceramics Limited
Restile Ceramics Limited is engaged in the principal business activity of manufacturing, with detailed activities including other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | Locked |
Business activity turnover details for Restile Ceramics Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
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Auditor Details of Restile Ceramics Limited
Restile Ceramics Limited is audited by M S Krishnaswami & Rajan (ICAI peer reviewed, certificate valid till 2027-05-31) for the financial year 2026, as reported in its BSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| M S Krishnaswami & Rajan (ICAI peer reviewed, certificate valid till 2027-05-31) | FY 2026 | Statement on impact of audit qualification |
Board of Directors of Restile Ceramics Limited
Restile Ceramics Limited is currently managed by 5 directors, with 26 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Yash Kaushik Shah
Also directs:
Dhirubhai Shah & Co Llp, Brady & Morris Engineering Company Limited, Arman Financial Services Limited and 1 more
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Director | 08 Feb 2019 | 7 Years 6 Months | Current |
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Viren Rathod
Also directs:
Bell Granito Ceramica Limited, Sologuard Medical Devices Private Limited, Atreya Finance Private Limited and 1 more
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Managing Director | 04 May 2019 | 7 Years 3 Months | Current |
| Balachandran Vishwanathan Kasi | Director | 07 Aug 2024 | 2 Years 0 Months | Current |
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Hasmita Taunk
Also directs:
Bell Granito Ceramica Limited
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Director | 07 Aug 2024 | 2 Years 0 Months | Current |
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Rakesh Madanlal Bhatia
Also directs:
Ironwood Education Limited, Bell Granito Ceramica Limited, Pioneer Insurance & Reinsurance Brokers Private Limited and 1 more
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Director | 07 Aug 2024 | 2 Years 0 Months | Current |
Financials of Restile Ceramics Limited FY 2026 filings available
Restile Ceramics Limited reported revenue of ₹5.63 Cr (up 293.64% YoY) for FY 2026.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹5.63 Cr | ₹1.43 Cr | ₹93.88 Lakh | ₹1.97 Cr | ₹59.34 Lakh | ₹1.83 Cr | ₹2.08 Cr | ₹2.06 Cr |
| Other Income | ₹3,000 | ₹0 | ₹19.13 Lakh | ₹65.51 Lakh | ₹23.83 Lakh | ₹43,000 | ₹9.47 Lakh | ₹87.79 Lakh |
| Total Income | ₹5.63 Cr | ₹1.43 Cr | ₹1.13 Cr | ₹2.63 Cr | ₹83.17 Lakh | ₹1.83 Cr | ₹2.17 Cr | ₹2.94 Cr |
| Cost of Materials Consumed | ₹4.18 Lakh | ₹6.37 Lakh | ₹9.71 Lakh | ₹14.81 Lakh | ₹2.25 Lakh | ₹2.39 Lakh | ₹8.85 Lakh | ₹11.88 Lakh |
| Purchases of Stock-in-Trade | ₹4.48 Cr | ₹1.29 Cr | ₹85.1 Lakh | ₹1.83 Cr | ₹47.18 Lakh | ₹1.31 Cr | ₹1.3 Cr | ₹1.57 Cr |
| Changes in Inventories | ₹7.28 Lakh | ₹2.96 Lakh | ₹7.3 Lakh | ₹14.51 Lakh | ₹8.17 Lakh | ₹27.01 Lakh | ₹33.08 Lakh | ₹5.67 Lakh |
| Employee Benefit Expense | ₹35.21 Lakh | ₹31.92 Lakh | ₹29.08 Lakh | ₹28.9 Lakh | ₹28.9 Lakh | ₹41.25 Lakh | ₹35.64 Lakh | ₹35.47 Lakh |
| Finance Costs | ₹8,000 | ₹2,000 | ₹28,000 | ₹0 | ₹0 | ₹0 | ₹1,000 | ₹3,000 |
| Depreciation & Amortisation | ₹38.12 Lakh | ₹38.12 Lakh | ₹38.12 Lakh | ₹38.12 Lakh | ₹5.72 Cr | ₹5.72 Cr | ₹5.72 Cr | ₹5.72 Cr |
| Other Expenses | ₹35.42 Lakh | ₹30.92 Lakh | ₹34.52 Lakh | ₹49.91 Lakh | ₹30.07 Lakh | ₹80.13 Lakh | ₹90.17 Lakh | ₹97.34 Lakh |
| Total Expenses | ₹5.69 Cr | ₹2.39 Cr | ₹2.04 Cr | ₹3.29 Cr | ₹6.89 Cr | ₹8.53 Cr | ₹8.7 Cr | ₹8.8 Cr |
| Profit Before Exceptional Items & Tax | -₹5.68 Lakh | -₹95.83 Lakh | -₹91.1 Lakh | -₹66.85 Lakh | -₹6.05 Cr | -₹6.7 Cr | -₹6.52 Cr | -₹5.86 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | -₹4.82 Lakh |
| Profit Before Tax | -₹5.68 Lakh | -₹95.83 Lakh | -₹91.1 Lakh | -₹66.85 Lakh | -₹6.05 Cr | -₹6.7 Cr | -₹6.52 Cr | -₹5.91 Cr |
| Total Tax Expense | -₹4,000 | ₹23,000 | ₹17,000 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Profit | -₹5.64 Lakh | -₹96.06 Lakh | -₹91.27 Lakh | -₹66.85 Lakh | -₹6.05 Cr | -₹6.7 Cr | -₹6.52 Cr | -₹5.91 Cr |
| Other Comprehensive Income | ₹30,000 | -₹5,000 | ₹45,000 | ₹57,000 | ₹20,000 | -₹16,000 | -₹39,000 | ₹44,000 |
| Total Comprehensive Income | -₹5.34 Lakh | -₹96.11 Lakh | -₹90.82 Lakh | -₹66.28 Lakh | -₹6.05 Cr | -₹6.7 Cr | -₹6.53 Cr | -₹5.9 Cr |
| EBITDA (computed) | ₹32.52 Lakh | -₹57.69 Lakh | -₹52.7 Lakh | -₹28.73 Lakh | -₹33.4 Lakh | -₹98.36 Lakh | -₹80.37 Lakh | -₹13.75 Lakh |
| Basic EPS | ₹-0.01 | ₹-0.10 | ₹-0.09 | ₹-0.07 | ₹-0.62 | ₹0.68 | ₹-0.66 | ₹-0.60 |
| Diluted EPS | ₹-0.01 | ₹-0.10 | ₹-0.09 | ₹-0.07 | ₹-0.62 | ₹0.68 | ₹-0.66 | ₹-0.60 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | ₹5.7 Cr | ₹6.75 Cr | ₹8.75 Cr | ₹9.67 Cr | ₹11.17 Cr | ₹17.63 Cr | ₹24.26 Cr | ₹31.55 Cr |
| Non-current Assets | ₹5.1 Cr | ₹5.48 Cr | ₹5.87 Cr | ₹7.08 Cr | ₹7.63 Cr | ₹15.18 Cr | ₹20.9 Cr | ₹26.61 Cr |
| Current Assets | ₹60.33 Lakh | ₹1.28 Cr | ₹2.89 Cr | ₹2.45 Cr | ₹3.54 Cr | ₹2.45 Cr | ₹3.37 Cr | ₹4.94 Cr |
| Property, Plant & Equipment | ₹5.1 Cr | ₹5.48 Cr | ₹5.86 Cr | ₹7.07 Cr | ₹7.45 Cr | ₹13.17 Cr | ₹18.89 Cr | ₹24.61 Cr |
| Inventories | ₹51.82 Lakh | ₹66.03 Lakh | ₹79.56 Lakh | ₹1.03 Cr | ₹1.42 Cr | ₹1.59 Cr | ₹2.34 Cr | ₹3.18 Cr |
| Trade Receivables | ₹0 | ₹3.84 Lakh | ₹16.95 Lakh | ₹15.04 Lakh | ₹4.62 Lakh | ₹1.83 Lakh | ₹7.88 Lakh | ₹5.76 Lakh |
| Cash & Equivalents | ₹7.03 Lakh | ₹57.34 Lakh | ₹58.03 Lakh | ₹5.87 Lakh | ₹21.79 Lakh | ₹1.02 Lakh | ₹18,000 | ₹10.46 Lakh |
| Equity (Net Worth) | -₹31.72 Cr | -₹31.67 Cr | -₹30.71 Cr | -₹29.8 Cr | -₹29.14 Cr | -₹23.09 Cr | -₹16.38 Cr | -₹9.86 Cr |
| Equity Share Capital | ₹98.28 Cr | ₹98.28 Cr | ₹98.28 Cr | ₹98.28 Cr | ₹98.28 Cr | ₹98.28 Cr | ₹98.28 Cr | ₹98.28 Cr |
| Borrowings (Non-current) | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Borrowings (Current) | ₹36.87 Cr | ₹38.06 Cr | ₹39.11 Cr | ₹39.15 Cr | ₹39.19 Cr | ₹39.19 Cr | ₹39.22 Cr | ₹39.23 Cr |
| Total Debt (computed) | ₹36.87 Cr | ₹38.06 Cr | ₹39.11 Cr | ₹39.15 Cr | ₹39.19 Cr | ₹39.19 Cr | ₹39.22 Cr | ₹39.23 Cr |
| Current Liabilities | ₹37.38 Cr | ₹38.39 Cr | ₹39.44 Cr | ₹39.44 Cr | ₹40.28 Cr | ₹40.69 Cr | ₹40.6 Cr | ₹41.28 Cr |
| Total Liabilities | ₹37.42 Cr | ₹38.43 Cr | ₹39.46 Cr | ₹39.47 Cr | ₹40.31 Cr | ₹40.72 Cr | ₹40.65 Cr | ₹41.42 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | ₹68.18 Lakh | ₹1.04 Cr | -₹43.27 Lakh | -₹15.93 Lakh | ₹20.77 Lakh |
| Investing Cash Flow | ₹0 | ₹0 | ₹99.43 Lakh | ₹1,000 | ₹0 |
| Financing Cash Flow | -₹1.18 Cr | -₹1.05 Cr | -₹4 Lakh | ₹0 | ₹0 |
| Capital Expenditure | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Free Cash Flow (computed) | ₹68.18 Lakh | ₹1.04 Cr | -₹43.27 Lakh | -₹15.93 Lakh | ₹20.77 Lakh |
| Dividends Paid | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | -₹50.31 Lakh | -₹69,000 | ₹52.16 Lakh | -₹15.92 Lakh | ₹20.77 Lakh |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹1.44 Cr | ₹1.46 Cr | ₹1.97 Cr | ₹75.3 Lakh | ₹34.52 Lakh | ₹26.85 Lakh | ₹31.1 Lakh | ₹50.53 Lakh |
| Other Income | ₹3,000 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Total Income | ₹1.45 Cr | ₹1.46 Cr | ₹1.97 Cr | ₹75.3 Lakh | ₹34.52 Lakh | ₹26.85 Lakh | ₹31.1 Lakh | ₹50.53 Lakh |
| Cost of Materials Consumed | ₹88,000 | ₹99,000 | ₹1.09 Lakh | ₹1.22 Lakh | ₹1.35 Lakh | ₹1.5 Lakh | ₹1.67 Lakh | ₹1.85 Lakh |
| Purchases of Stock-in-Trade | ₹1.23 Cr | ₹1.49 Cr | ₹1.01 Cr | ₹75.25 Lakh | ₹26.27 Lakh | ₹25.26 Lakh | ₹22.07 Lakh | ₹54.92 Lakh |
| Changes in Inventories | ₹14.82 Lakh | -₹9.87 Lakh | ₹16.67 Lakh | -₹14.34 Lakh | ₹66,000 | ₹72,000 | ₹8.02 Lakh | -₹6.44 Lakh |
| Employee Benefit Expense | ₹9.5 Lakh | ₹8.65 Lakh | ₹8.56 Lakh | ₹8.5 Lakh | ₹8.42 Lakh | ₹8.09 Lakh | ₹7.71 Lakh | ₹7.7 Lakh |
| Finance Costs | ₹1,000 | ₹1,000 | ₹6,000 | ₹0 | ₹2,000 | ₹0 | ₹0 | ₹0 |
| Depreciation & Amortisation | ₹9.53 Lakh | ₹9.53 Lakh | ₹9.53 Lakh | ₹9.53 Lakh | ₹9.53 Lakh | ₹9.53 Lakh | ₹9.53 Lakh | ₹9.53 Lakh |
| Other Expenses | ₹11.9 Lakh | ₹6.81 Lakh | ₹10.65 Lakh | ₹6.06 Lakh | ₹10.25 Lakh | ₹6.09 Lakh | ₹7.96 Lakh | ₹6.62 Lakh |
| Total Expenses | ₹1.7 Cr | ₹1.65 Cr | ₹1.47 Cr | ₹86.22 Lakh | ₹56.5 Lakh | ₹51.19 Lakh | ₹56.96 Lakh | ₹74.18 Lakh |
| Profit Before Exceptional Items & Tax | -₹25.53 Lakh | -₹18.41 Lakh | ₹49.18 Lakh | -₹10.92 Lakh | -₹21.98 Lakh | -₹24.34 Lakh | -₹25.86 Lakh | -₹23.65 Lakh |
| Exceptional Items | ₹98,000 | -₹98,000 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | -₹24.55 Lakh | -₹19.39 Lakh | ₹49.18 Lakh | -₹10.92 Lakh | -₹21.98 Lakh | -₹24.34 Lakh | -₹25.86 Lakh | -₹23.65 Lakh |
| Total Tax Expense | -₹4,000 | ₹0 | ₹0 | ₹0 | ₹23,000 | ₹0 | ₹0 | ₹0 |
| Net Profit | -₹24.51 Lakh | -₹19.39 Lakh | ₹49.18 Lakh | -₹10.92 Lakh | -₹22.21 Lakh | -₹24.34 Lakh | -₹25.86 Lakh | -₹23.65 Lakh |
| Other Comprehensive Income | ₹8,000 | ₹24,000 | -₹3,000 | ₹1,000 | -₹39,000 | ₹12,000 | ₹11,000 | ₹11,000 |
| Total Comprehensive Income | -₹24.43 Lakh | -₹19.15 Lakh | ₹49.15 Lakh | -₹10.91 Lakh | -₹22.6 Lakh | -₹24.22 Lakh | -₹25.75 Lakh | -₹23.54 Lakh |
| EBITDA (computed) | -₹15.99 Lakh | -₹8.87 Lakh | ₹58.77 Lakh | -₹1.39 Lakh | -₹12.43 Lakh | -₹14.81 Lakh | -₹16.33 Lakh | -₹14.12 Lakh |
| Basic EPS | ₹-0.02 | ₹-0.02 | ₹0.05 | ₹-0.01 | ₹-0.02 | ₹-0.02 | ₹-0.03 | ₹-0.02 |
| Diluted EPS | ₹-0.02 | ₹-0.02 | ₹0.05 | ₹-0.01 | ₹-0.02 | ₹-0.02 | ₹-0.03 | ₹-0.02 |
Charges & Borrowings of Restile Ceramics Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Oct 2003 | State Bank of India | ₹2 Cr | Satisfied |
| 03 Aug 2001 | State Bank of India | ₹2.2 Cr | Satisfied |
| 25 Mar 1995 | Lakshmi Motor Credit Ltd. | ₹1.15 Cr | Satisfied |
| 21 Mar 1995 | The Industrial Credit & Investment Corporation of India Ltd. | ₹1 Cr | Satisfied |
| 03 Jan 1994 | State Bank of India | ₹3 Cr | Satisfied |
Total charge records: 21 View all charges
Employees and EPFO Compliance at Restile Ceramics Limited
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Employee and EPFO history for Restile Ceramics Limited
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GST Compliance of Restile Ceramics Limited
GST registrations and filing compliance for Restile Ceramics Limited
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Credit Ratings, Litigation & Regulatory Alerts for Restile Ceramics Limited
Credit ratings, litigation, and regulatory alerts for Restile Ceramics Limited
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MSME Payment Delays by Restile Ceramics Limited
MSME payment history for Restile Ceramics Limited
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Subsidiaries & Group Companies of Restile Ceramics Limited
Corporate group structure for Restile Ceramics Limited
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MCA Filings & Documents of Restile Ceramics Limited
MCA filings and documents for Restile Ceramics Limited
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Recent Activity on Restile Ceramics Limited
Frequently Asked Questions about Restile Ceramics Limited
Restile Ceramics Limited is an active public limited company in the manufacturing sector based in Vadodara, Gujarat, India. It was incorporated on 26 May 1986 (40+ years old) and is registered under CIN L26931GJ1986PLC102350. Listed on BSE: 515085. The company has 9 employees.
Restile Ceramics Limited reported revenue of ₹5.63 Cr for FY 2026 (up 293.64% YoY) based on standalone BSE filings.
The current directors of Restile Ceramics Limited are:
- Yash Kaushik Shah - Director
- Viren Rathod - Managing Director
- Balachandran Vishwanathan Kasi - Director
- Hasmita Taunk - Director
- Rakesh Madanlal Bhatia - Director
The primary industry of Restile Ceramics Limited is manufacturing. The company specifically operates in sanitaryware and tile. The company is currently active in this sector.
Yes. Restile Ceramics Limited is listed on BSE with code 515085.
Restile Ceramics Limited can be reached at the registered office: 204 Sakar Complex Opp Abs Tower Vaccine Crossing Old Padra Road, Vadodara, Gujarat, India – 390015, or through the website restile.com.