- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-32-0010066

Safe Ceramic Private Limited
About Safe Ceramic Private Limited
Data last updated:
Safe Ceramic Private Limited is a private limited company based in Shanala Talaviya, Gujarat, India. It operates in the sanitaryware and tile segment of the manufacturing sector. It was incorporated on 28 January 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U26960GJ2014PTC078488. Its GSTIN is 24AAUCS1838D1Z8 (Gujarat).
The company has an authorised share capital of ₹3.25 Cr and a paid-up capital of ₹3 Cr. It is led by directors Kiritbhai Virjibhai Kavar and Ketanbhai Virjibhai Kavar.
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.10/P2 Nr. Bela Gam Tal. Morbi Dist. Morbi, Shanala Talaviya, Gujarat, India – 363642.
As per the financials filed for FY 2024, the company reported a revenue of ₹13.03 Cr, a decline of 12% compared to the previous year. For the same year it recorded a net profit of ₹32.89 Lakh (net margin 2.5%) and EBITDA of ₹1.14 Cr (EBITDA margin 8.7%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 2% over five years.
The company has about 5 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹4 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
Safe Ceramic Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-32-0010066). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Safe Ceramic
Contact details
Safe Ceramic Private Limited's registered office is in Shanala Talaviya, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressS.No.10/P2 Nr. Bela Gam Tal. Morbi Dist. Morbi, Shanala Talaviya, Gujarat, India – 363642
- IndustryManufacturing, Sanitaryware & Tile, Ceramics
To see the full contact details of Safe Ceramic 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
Business activity
The main business activity of Safe Ceramic 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 Safe Ceramic Private Limited, buy the company report.
Financials of Safe Ceramic Private Limited
FY 2025 filings availableSafe Ceramic Private Limited reported revenue of ₹13.03 Cr (down 12% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 12% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 2%. EBITDA rose 455% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹1.14 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹32.89 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.7% | ||||
| Net Profit Margin | 2.5% | ||||
| 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 Safe Ceramic Private Limited, buy the company report.
Board of directors of Safe Ceramic Private Limited
Safe Ceramic has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kiritbhai Virjibhai Kavar Also directs: Duck Sanitaryware LLP | Director | 28 Jan 2014 | 12 Years 9 Months | Current |
| Ketanbhai Virjibhai Kavar Also directs: Duck Sanitaryware LLP | Director | 28 Jan 2014 | 12 Years 9 Months | Current |
Peer comparison
Safe Ceramic 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 |
|---|---|---|---|---|---|---|
| Zibon Ceramic Private Limited | ₹13.18 Cr (FY 2025) | -6.0% | Morbi, Gujarat, India | |||
| Delton Ceramic Private Limited | ₹13.13 Cr (FY 2024) | 40.0% | Lalpar, Gujarat, India | |||
| Swift Ceramic Private Limited | ₹13.06 Cr (FY 2018) | 20.0% | Kankrol, Gujarat, India | |||
| Safe Ceramic Private Limitedthis company | ₹13.03 Cr (FY 2024) | ₹32.89 Lakh | 2.5% | -12.0% | 5 | Shanala Talaviya, Gujarat, India |
| Cebon Ceramic Private Limited | ₹13.02 Cr (FY 2025) | 21.0% | Morbi, Gujarat, India | |||
| Shubham Marble Private Limited | ₹12.89 Cr (FY 2025) | 49.0% | Rajsamand, Rajasthan, India | |||
| Apple Tiles Private Limited | ₹12.85 Cr (FY 2025) | -44.0% | Bandhunagar, Gujarat, India |
To see the full peer comparison of Safe Ceramic Private Limited, buy the company report.
Auditor
Safe Ceramic Private Limited is audited by B B KALARIA AND COMPANY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B B KALARIA AND COMPANY | FY 2023 | 127220W |
Shareholding
The shareholding of Safe Ceramic Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Safe Ceramic Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 May 2015 | 10570059 | Others | ₹4 Cr | Open |
To see the full charge records of Safe Ceramic Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Safe Ceramic Private Limited has 1 court case on record: 1 filed by Safe Ceramic. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Gujarat | Special civil application | Filed by the company against State of Gujarat | Disposed |
To see the full case history of Safe 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
Safe Ceramic Private Limited was last rated by Crisil on 04 Oct 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 04 Oct 2019 |
To see the full credit ratings and regulatory alerts of Safe Ceramic Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Safe Ceramic Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Safe Ceramic Private Limited has a workforce of 5 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Safe Ceramic has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAUCS1838D1Z8 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Safe Ceramic Private Limited, buy the company report.
Recent activity
Safe Ceramic Private Limited has 6 board changes on record since 2014: 4 appointments and 2 cessations. The latest: Anil Ganeshbhai Makasna ceased to be Director on 28 Jun 2017.
Frequently asked questions
Safe Ceramic is an active private limited company based in Shanala Talaviya, Gujarat, India. The company works in sanitaryware and tile, within the manufacturing industry. It was incorporated on 28 January 2014 (12+ years old) and is registered under CIN U26960GJ2014PTC078488.
Safe Ceramic has 2 current directors:
- Kiritbhai Virjibhai Kavar - Director
- Ketanbhai Virjibhai Kavar - Director
The latest financial statements of Safe 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 Safe Ceramic is 24AAUCS1838D1Z8, registered in Gujarat.
The CIN (Corporate Identification Number) of Safe Ceramic is U26960GJ2014PTC078488. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Safe Ceramic has 1 court case on record: 1 filed by the company.
Safe Ceramic was incorporated on 28 January 2014, making it 12+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Safe Ceramic by revenue are Zibon Ceramic Private Limited, Delton Ceramic Private Limited, Swift Ceramic Private Limited, Cebon Ceramic Private Limited, Shubham Marble 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).
Anil Ganeshbhai Makasna ceased to be Director on 28 Jun 2017. Chandulal Ganeshbhai Makashana ceased to be Director on 28 Jun 2017. Anil Ganeshbhai Makasna was appointed as Director on 28 Jan 2014. Safe Ceramic has 6 board changes on record in total.
Yes, Safe Ceramic is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-32-0010066).
The registered office of Safe Ceramic is at S.No.10P2 Nr. Bela Gam Tal. Morbi Dist. Morbi, Shanala Talaviya, Gujarat, India – 363642.