MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-32-0004719
Rich Vitrified Private Limited - manufacturing in Matel, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹66.83 Cr
▼ 20% YoY
Net profit · FY 2025
₹1.51 Cr
Net margin 2.3%
EBITDA · FY 2025
₹4.35 Cr
EBITDA margin 6.5%
Authorised capital
₹13.5 Cr
Registered with MCA
Paid-up capital
₹13.5 Cr
Issued & subscribed
Open charges
₹24.19 Cr
Satisfied ₹32.2 Cr
Company age
10 yrs
Est. 2016
Employees · EPFO
18
Provident fund records
About Rich Vitrified Private Limited
Data last updated:
Rich Vitrified Private Limited is a private limited company based in Matel, Gujarat, India. It operates in the sanitaryware and tile segment of the manufacturing sector. It was incorporated on 02 May 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U26914GJ2016PTC091787. Its GSTIN is 24AAHCR7264H1Z6 (Gujarat).
The company has an authorised share capital of ₹13.5 Cr and a paid-up capital of ₹13.5 Cr. It is led by directors including Jayantilal Raghavjibhai Fultariya and Bipinbhai Narbherambhai Adroja.
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 Survey No. 220 P2 Tal. Wankaner Dist. Morbi, Matel, Gujarat, India – 363621.
As per the financials filed for FY 2025, the company reported a revenue of ₹66.83 Cr, a decline of 20% compared to the previous year. For the same year it recorded a net profit of ₹1.51 Cr (net margin 2.3%) and EBITDA of ₹4.35 Cr (EBITDA margin 6.5%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 12% over five years.
The company has about 18 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Rich Vitrified. As per MCA filings, the company has open charges of ₹24.19 Cr and satisfied charges of ₹32.2 Cr on record. Court records list 9 cases involving the company, including 7 filed by the company and 2 filed against it; 3 cases are pending.
Rich Vitrified Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-32-0004719). 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 richvitrified.com.
Company details
CIN U26914GJ2016PTC091787
Registration Number 091787
Incorporation Date 02 May 2016
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-32-0004719
Key People
Jayantilal Raghavjibhai Fultariya Director Bipinbhai Narbherambhai Adroja Director Gautambhai Thakarshibhai Panchotiya Director Recognitions & Rankings of Rich Vitrified
Contact details
Rich Vitrified Private Limited's registered office is in Matel, Gujarat. Its website is richvitrified.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSurvey No. 220 P2 Tal. Wankaner Dist. Morbi, Matel, Gujarat, India – 363621
- IndustryManufacturing, Sanitaryware & Tile, Ceramics
To see the full contact details of Rich Vitrified Private Limited, buy the company report.
Comprehensive company report
Rich 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
Rich Vitrified operates one associated brand: Rich Vitrified. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Produces vitrified tiles for flooring with durable features and global distribution. | richvitrified.com |
Business activity
The main business activity of Rich Vitrified 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 Rich Vitrified Private Limited, buy the company report.
Financials of Rich Vitrified Private Limited
FY 2025 filings availableRich Vitrified Private Limited reported revenue of ₹66.83 Cr (down 20% YoY) for FY 2025.
Revenue · FY 2025
₹66.83 Cr ▼ 20%
Net profit · FY 2025
₹1.51 Cr margin 2.3%
EBITDA · FY 2025
₹4.35 Cr margin 6.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 20%
3 years · compounded
▼ 1%
5 years · compounded
▲ 12%
EBITDA CAGR growth
1 year
▼ 23%
3 years · compounded
▼ 8%
5 years · compounded
▼ 3%
Revenue fell 20% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 12%. EBITDA fell 23% 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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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹4.35 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.51 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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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 | 6.5% | ||||
| Net Profit Margin | 2.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Rich Vitrified Private Limited, buy the company report.
Board of directors of Rich Vitrified Private Limited
Rich Vitrified has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jayantilal Raghavjibhai Fultariya | Director | 02 May 2016 | 10 Years 5 Months | Current |
| Bipinbhai Narbherambhai Adroja | Director | 02 May 2016 | 10 Years 5 Months | Current |
| Gautambhai Thakarshibhai Panchotiya | Director | 02 May 2016 | 10 Years 5 Months | Current |
Peer comparison
Rich Vitrified Private Limited is compared with the 9 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 |
|---|---|---|---|---|---|---|
| Verona Granito Private Limited | ₹67.77 Cr (FY 2025) | -32.0% | Makansar, Gujarat, India | |||
| Avlon Ceramic Private Limited | ₹67.69 Cr (FY 2024) | 7.0% | Morbi, Gujarat, India | |||
| Lezora Vitrified Private Limited | ₹67.08 Cr (FY 2025) | -14.0% | Matel, Gujarat, India | |||
| Perth Ceramic Private Limited | ₹66.93 Cr (FY 2025) | 2.0% | Gujarat, India | |||
| Sanford Vitrified Private Limited | ₹66.91 Cr (FY 2025) | -35.0% | Sartanpar, Gujarat, India | |||
| Rich Vitrified Private Limitedthis company | ₹66.83 Cr (FY 2025) | ₹1.51 Cr | 2.3% | -20.0% | 18 | Matel, Gujarat, India |
| Dhanuka Marbles Private Limited | ₹66.72 Cr (FY 2025) | -5.0% | Udaipur, Rajasthan, India | |||
| Bromo Ceramic Private Limited | ₹65.48 Cr (FY 2025) | -7.0% | Vaghasiya, Gujarat, India | |||
| Sunray Tiles Private Limited | ₹65.2 Cr (FY 2025) | 5.0% | Dhuva, Gujarat, India | |||
| Marble City India Limited | ₹64.88 Cr (FY 2025) | 27.0% | New Delhi, Delhi, India |
To see the full peer comparison of Rich Vitrified Private Limited, buy the company report.
Auditor
Rich Vitrified Private Limited is audited by TUSHAR KUMAR & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| TUSHAR KUMAR & ASSOCIATES | FY 2023 | 144406W |
Shareholding
The shareholding of Rich 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 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 Rich Vitrified Private Limited, buy the company report.
Charges & borrowings
Open charges
₹24.19 Cr
Satisfied charges
₹32.2 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Jan 2023 | 100661804 | Hdfc Bank Limited | ₹7 Lakh | Open | |
| 10 Nov 2021 | 100503868 | Hdfc Bank Limited | ₹24.12 Cr | Open | |
| 19 Aug 2016 | 100071843 | State Bank of India | ₹32.2 Cr | Satisfied |
To see the full charge records of Rich Vitrified Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Rich Vitrified Private Limited has 9 court cases on record: 7 filed by Rich Vitrified, 2 filed against it. 3 cases are pending and 6 are disposed.
Total cases
9
Filed by the company
7
Filed against the company
2
Pending
3
Disposed
6
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 1 | 2 |
| Supreme Court | 2 | 1 | 1 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 9)
| 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 |
| District court, MORBI, Gujarat | Criminal complaint | Filed by the company against an individual | Pending |
| District court, MORBI, Gujarat | Criminal complaint | Filed by the company against an individual | Pending |
| District court, MORBI, Gujarat | Court case (CR EN) | Filed by the company against an individual | Disposed |
To see the full case history of Rich Vitrified 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
Rich Vitrified Private Limited was last rated by Brickwork on 30 May 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 30 May 2022 |
To see the full credit ratings and regulatory alerts of Rich Vitrified Private Limited, buy the company report.
MSME payment delays
Rich Vitrified Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 163 overdue payments to 24 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 24)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Dharti Corporation | |||
| Yatin Pack Print | |||
| an individual supplier | |||
| Akshar Blackrock LLP | |||
| Yogi Coal |
To see the full MSME payment records of Rich Vitrified Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Rich Vitrified Private Limited has a workforce of 18 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
18
Active EPFO establishments
1
GST
Rich Vitrified has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAHCR7264H1Z6 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Rich Vitrified Private Limited, buy the company report.
Recent activity
Rich Vitrified Private Limited has 3 board changes on record since 2016: 3 appointments. The latest: Bipinbhai Narbherambhai Adroja was appointed as Director on 02 May 2016.
AGM
Rich 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. 24.12 Cr registered on 10 Nov 2021 with Charge ID 100503868 was modified on 04 Jun 2025.
Filing
Rich Vitrified Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.07 Cr with Charge ID 100661804 was registered on 02 Jan 2023.
Charges
A charge registered on 19 Aug 2016 via Charge ID 100071843 with State Bank Of India was fully satisfied on 26 Nov 2021.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 24.12 Cr with Charge ID 100503868 was registered on 10 Nov 2021.
Charges
A charge with State Bank Of India amounted to Rs. 32.20 Cr with Charge ID 100071843 was registered on 19 Aug 2016.
Appointed
Bipinbhai Narbherambhai Adroja was appointed as Director.
Appointed
Gautambhai Thakarshibhai Panchotiya was appointed as Director.
Appointed
Jayantilal Raghavjibhai Fultariya was appointed as Director.
Incorporation
02 May 2016
Rich Vitrified Private Limited was registered on 02 May 2016 with Roc Ahmedabad & aged 10 years 5 months as per MCA records.
Frequently asked questions
Rich Vitrified is an active private limited company based in Matel, Gujarat, India. The company works in sanitaryware and tile, within the manufacturing industry. It was incorporated on 02 May 2016 (10+ years old) and is registered under CIN U26914GJ2016PTC091787.
Rich Vitrified has 3 current directors:
- Jayantilal Raghavjibhai Fultariya - Director
- Bipinbhai Narbherambhai Adroja - Director
- Gautambhai Thakarshibhai Panchotiya - Director
The latest financial statements of Rich 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 FY 2017 are in the company report.
The GSTIN of Rich Vitrified is 24AAHCR7264H1Z6, registered in Gujarat.
The CIN (Corporate Identification Number) of Rich Vitrified is U26914GJ2016PTC091787. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rich Vitrified has 9 court cases on record: 7 filed by the company and 2 filed against it. 3 are pending. Most are in the district courts.
Rich Vitrified was incorporated on 02 May 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Rich Vitrified by revenue are Verona Granito Private Limited, Avlon Ceramic Private Limited, Lezora Vitrified Private Limited, Perth Ceramic Private Limited, Sanford Vitrified Private Limited and 4 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).
Bipinbhai Narbherambhai Adroja was appointed as Director on 02 May 2016. Gautambhai Thakarshibhai Panchotiya was appointed as Director on 02 May 2016. Jayantilal Raghavjibhai Fultariya was appointed as Director on 02 May 2016.
Yes, Rich Vitrified is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-32-0004719).
Rich Vitrified has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 163 overdue payments to 24 micro and small suppliers. The latest return was filed on 09 Jun 2019.
Rich Vitrified can be reached through the website richvitrified.com. Its registered office is in Matel, Gujarat, India.