MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-32-0002634
Saiwin Ceramic Private Limited - manufacturing in Morbi, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹19.19 Cr
▼ 30% YoY
Net profit · FY 2025
₹17.47 Lakh
Net margin 0.9%
EBITDA · FY 2025
₹1.63 Cr
EBITDA margin 8.5%
Authorised capital
₹6.5 Cr
Registered with MCA
Paid-up capital
₹6 Cr
Issued & subscribed
Open charges
₹7 Cr
Satisfied ₹12.27 Cr
Company age
10 yrs
Est. 2016
Employees · EPFO
17
Provident fund records
About Saiwin Ceramic Private Limited
Data last updated:
Saiwin Ceramic Private Limited is a private limited company based in Morbi, Gujarat, India. It operates in the sanitaryware and tile segment of the manufacturing sector. It was incorporated on 11 February 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U26933GJ2016PTC086060. Its GSTIN is 24AAWCS7500G1Z5 (Gujarat).
The company has an authorised share capital of ₹6.5 Cr and a paid-up capital of ₹6 Cr. It is led by directors Nitinbhai Damjibhai Shirvi and Kelvinkumar Ratilal Ukani.
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.294 Jetpar Road At Rangpar Rajkot, Morbi, Gujarat, India – 363642.
As per the financials filed for FY 2025, the company reported a revenue of ₹19.19 Cr, a decline of 30% compared to the previous year. For the same year it recorded a net profit of ₹17.47 Lakh (net margin 0.9%) and EBITDA of ₹1.63 Cr (EBITDA margin 8.5%). Revenue has declined at a compounded annual rate (CAGR) of 16% over three years and 15% over five years.
The company has about 17 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹7 Cr and satisfied charges of ₹12.27 Cr on record.
Saiwin Ceramic Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-32-0002634). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website saiwinceramic.com.
Company details
CIN U26933GJ2016PTC086060
Registration Number 086060
Incorporation Date 11 February 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 Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-32-0002634
Recognitions & Rankings of Saiwin Ceramic
Contact details
Saiwin Ceramic Private Limited's registered office is in Morbi, Gujarat. Its website is saiwinceramic.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSurvey No.294 Jetpar Road At Rangpar Rajkot, Morbi, Gujarat, India – 363642
- IndustryManufacturing, Sanitaryware & Tile, Ceramics
To see the full contact details of Saiwin Ceramic Private Limited, buy the company report.
Comprehensive company report
Saiwin Ceramic 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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Secure checkout · GST invoice included
Business activity
The main business activity of Saiwin 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 Saiwin Ceramic Private Limited, buy the company report.
Financials of Saiwin Ceramic Private Limited
FY 2025 filings availableSaiwin Ceramic Private Limited reported revenue of ₹19.19 Cr (down 30% YoY) for FY 2025.
Revenue · FY 2025
₹19.19 Cr ▼ 30%
Net profit · FY 2025
₹17.47 Lakh margin 0.9%
EBITDA · FY 2025
₹1.63 Cr margin 8.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 30%
3 years · compounded
▼ 16%
5 years · compounded
▼ 15%
EBITDA CAGR growth
1 year
▼ 2%
3 years · compounded
▼ 5%
5 years · compounded
▼ 12%
Revenue has declined at a compounded annual rate (CAGR) of 15% over five years, including a 30% fall in the latest year. EBITDA fell 2% 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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| Total Expenses | |||||
| EBITDA | ₹1.63 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹17.47 Lakh | ||||
| Balance Sheet | |||||
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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 | 8.5% | ||||
| Net Profit Margin | 0.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Payable Days | |||||
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To see the full financial statements and ratios of Saiwin Ceramic Private Limited, buy the company report.
Board of directors of Saiwin Ceramic Private Limited
Saiwin Ceramic has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nitinbhai Damjibhai Shirvi Also directs: Spericon Tiles LLP, Saimax Ceramic Private Limited | Director | 11 Feb 2016 | 10 Years 8 Months | Current |
| Kelvinkumar Ratilal Ukani | Director | 11 Feb 2016 | 10 Years 8 Months | Current |
Peer comparison
Saiwin Ceramic 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Canvas Ceramics Private Limited | ₹19.27 Cr (FY 2025) | -10.0% | Rangpar, Gujarat, India | |||
| Real Ceramic Private Limited | ₹19.26 Cr (FY 2024) | -23.0% | Rajkot, Gujarat, India | |||
| Saiwin Ceramic Private Limitedthis company | ₹19.19 Cr (FY 2025) | ₹17.47 Lakh | 0.9% | -30.0% | 17 | Morbi, Gujarat, India |
| Orb Ceramic Private Limited | ₹19.12 Cr (FY 2025) | 2.0% | Sartanpar, Gujarat, India | |||
| Ador Ceramics Private Limited | ₹18.33 Cr (FY 2025) | -22.0% | Sartanpar, Gujarat, India |
To see the full peer comparison of Saiwin Ceramic Private Limited, buy the company report.
Auditor
Saiwin Ceramic Private Limited is audited by B. B. KALARIA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B. B. KALARIA & CO. | FY 2023 | 127220W |
Shareholding
The shareholding of Saiwin Ceramic 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 Saiwin Ceramic Private Limited, buy the company report.
Charges & borrowings
Open charges
₹7 Cr
Satisfied charges
₹12.27 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Jun 2022 | 100585467 | Hdfc Bank Limited | ₹7 Cr | Open | |
| 07 Jul 2016 | 100036752 | Others | ₹12.27 Cr | Satisfied |
To see the full charge records of Saiwin Ceramic Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Saiwin Ceramic Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
Saiwin Ceramic Private Limited was last rated by Icra on 16 Dec 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 16 Dec 2021 |
To see the full credit ratings and regulatory alerts of Saiwin Ceramic Private Limited, buy the company report.
MSME payment delays
Saiwin Ceramic Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 26 overdue payments to 25 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 25)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Patel Machine Tools | |||
| Care Thermopack Industries | |||
| an individual supplier | |||
| Milan Barcode Labels | |||
| Shreenath Ceramics Indstries |
To see the full MSME payment records of Saiwin Ceramic Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Saiwin Ceramic Private Limited has a workforce of 17 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.
Employee count
17
Active EPFO establishments
1
Employee growth
-5.56%
GST
Saiwin Ceramic has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAWCS7500G1Z5 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Saiwin Ceramic Private Limited, buy the company report.
Recent activity
Saiwin Ceramic Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Kelvinkumar Ratilal Ukani was appointed as Director on 11 Feb 2016.
AGM
Saiwin Ceramic Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Saiwin Ceramic 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 of Rs. 7.00 Cr registered on 20 Jun 2022 with Charge ID 100585467 was modified on 03 Sep 2022.
Charges
A charge registered on 07 Jul 2016 via Charge ID 100036752 with Others was fully satisfied on 26 Jul 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 7.00 Cr with Charge ID 100585467 was registered on 20 Jun 2022.
Charges
A charge with Others amounted to Rs. 12.27 Cr with Charge ID 100036752 was registered on 07 Jul 2016.
Appointed
Kelvinkumar Ratilal Ukani was appointed as Director.
Appointed
Nitinbhai Damjibhai Shirvi was appointed as Director.
Incorporation
11 Feb 2016
Saiwin Ceramic Private Limited was registered on 11 Feb 2016 with Roc Ahmedabad & aged 10 years 8 months as per MCA records.
Frequently asked questions
Saiwin Ceramic is an active private limited company based in Morbi, Gujarat, India. The company works in sanitaryware and tile, within the manufacturing industry. It was incorporated on 11 February 2016 (10+ years old) and is registered under CIN U26933GJ2016PTC086060.
Saiwin Ceramic has 2 current directors:
- Nitinbhai Damjibhai Shirvi - Director
- Kelvinkumar Ratilal Ukani - Director
The latest financial statements of Saiwin 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 FY 2016 are in the company report.
The GSTIN of Saiwin Ceramic is 24AAWCS7500G1Z5, registered in Gujarat.
The CIN (Corporate Identification Number) of Saiwin Ceramic is U26933GJ2016PTC086060. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Saiwin Ceramic was incorporated on 11 February 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Saiwin Ceramic by revenue are Canvas Ceramics Private Limited, Real Ceramic Private Limited, Orb Ceramic Private Limited, Ador Ceramics 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).
Kelvinkumar Ratilal Ukani was appointed as Director on 11 Feb 2016. Nitinbhai Damjibhai Shirvi was appointed as Director on 11 Feb 2016.
Yes, Saiwin Ceramic is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-32-0002634).
Saiwin Ceramic has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 26 overdue payments to 25 micro and small suppliers. The latest return was filed on 08 Jun 2019.
Saiwin Ceramic can be reached through the website saiwinceramic.com. Its registered office is in Morbi, Gujarat, India.
The registered office of Saiwin Ceramic is at Survey No.294 Jetpar Road At Rangpar Rajkot, Morbi, Gujarat, India – 363642.