MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-32-0002043
Salix Ceramic Private Limited - manufacturing in Pipli, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹21.02 Cr
▼ 39% YoY
Net loss · FY 2025
₹6.9 Cr
Net margin -32.8%
EBITDA · FY 2025
-₹4.52 Cr
EBITDA margin -21.5%
Authorised capital
₹3.4 Cr
Registered with MCA
Paid-up capital
₹3.3 Cr
Issued & subscribed
Open charges
₹10.05 Cr
Satisfied ₹6.59 Cr
Company age
16 yrs
Est. 2010
Employees · EPFO
11
Provident fund records
About Salix Ceramic Private Limited
Data last updated:
Salix Ceramic Private Limited is a private limited company based in Pipli, Gujarat, India. It operates in the sanitaryware and tile segment of the manufacturing sector. It was incorporated on 29 November 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U26933GJ2010PTC063071. Its GSTIN is 24AAPCS0319E1ZL (Gujarat).
The company has an authorised share capital of ₹3.4 Cr and a paid-up capital of ₹3.3 Cr. It is led by directors including Nilesh Kanjibhai Fultariya and Rameshchandra Ranchhodbhai Panchani.
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 S. No. 41P7 Pipli – Kerala Road Tal. Morbi, Gujarat, India – 363642.
As per the financials filed for FY 2025, the company reported a revenue of ₹21.02 Cr, a decline of 39% compared to the previous year. For the same year it recorded a net loss of ₹6.9 Cr (net margin -32.8%) and EBITDA of -₹4.52 Cr (EBITDA margin -21.5%). Revenue has declined at a compounded annual rate (CAGR) of 16% over three years and 10% over five years.
The company has about 11 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Salix Ceramic. As per MCA filings, the company has open charges of ₹10.05 Cr and satisfied charges of ₹6.59 Cr on record. Court records list 13 cases involving the company, including 1 filed by the company and 12 filed against it; 4 cases are pending.
Salix Ceramic Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-32-0002043). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website salixceramic.in.
Company details
CIN U26933GJ2010PTC063071
Registration Number 063071
Incorporation Date 29 November 2010
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-32-0002043
Key People
Nilesh Kanjibhai Fultariya Director Rameshchandra Ranchhodbhai Panchani Director Amit Manharlal Agola Director Recognitions & Rankings of Salix Ceramic
Contact details
Salix Ceramic Private Limited's registered office is in Pipli, Gujarat. Its website is salixceramic.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressS. No. 41P7 Pipli – Kerala Road Tal. Morbi, Gujarat, India – 363642
- IndustryManufacturing, Sanitaryware & Tile, Ceramics
To see the full contact details of Salix Ceramic Private Limited, buy the company report.
Comprehensive company report
Salix 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Salix Ceramic operates one associated brand: Salix Ceramic. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures and exports high-quality ceramic wall tiles. | salixtiles.com |
Business activity
The main business activity of Salix 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 Salix Ceramic Private Limited, buy the company report.
Financials of Salix Ceramic Private Limited
FY 2024 filings availableSalix Ceramic Private Limited reported revenue of ₹21.02 Cr (down 39% YoY) for FY 2025.
Revenue · FY 2025
₹21.02 Cr ▼ 39%
Net loss · FY 2025
₹6.9 Cr margin -32.8%
EBITDA · FY 2025
-₹4.52 Cr margin -21.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 39%
3 years · compounded
▼ 16%
5 years · compounded
▼ 10%
EBITDA CAGR growth
1 year
▼ 437%
3 years · compounded
▼ 64%
5 years · compounded
▼ 30%
Revenue has declined at a compounded annual rate (CAGR) of 10% over five years, including a 39% fall in the latest year. EBITDA fell 437% 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 |
|---|---|---|---|---|---|
| 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 | -₹4.52 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹6.9 Cr | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -21.5% | ||||
| Net Profit Margin | -32.8% | ||||
| 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 Salix Ceramic Private Limited, buy the company report.
Board of directors of Salix Ceramic Private Limited
Salix Ceramic has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nilesh Kanjibhai Fultariya | Director | 29 Nov 2010 | 15 Years 11 Months | Current |
| Rameshchandra Ranchhodbhai Panchani | Director | 01 Apr 2017 | 9 Years 7 Months | Current |
| Amit Manharlal Agola | Director | 01 Apr 2017 | 9 Years 7 Months | Current |
| Devendra Thakarashibhai Kalola | Director | 23 Jul 2011 | 15 Years 3 Months | Current |
Peer comparison
Salix 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 |
|---|---|---|---|---|---|---|
| Priceless Overseas Limited | ₹21.27 Cr (FY 2019) | -11.0% | New Delhi, Delhi, India | |||
| Salix Ceramic Private Limitedthis company | ₹21.02 Cr (FY 2025) | -₹6.9 Cr | -32.8% | -39.0% | 11 | Pipli, Gujarat, India |
| Acute Ceramic Private Limited | ₹20.82 Cr (FY 2025) | -19.0% | Rangpar, Gujarat, India | |||
| Greta Bathware Private Limited | ₹20.78 Cr (FY 2025) | -7.0% | Morbi, Gujarat, India | |||
| Corona Vitrified Private Limited | ₹20.51 Cr (FY 2024) | 31.0% | Rafaleshwar, Gujarat, India |
To see the full peer comparison of Salix Ceramic Private Limited, buy the company report.
Auditor
Salix Ceramic Private Limited is audited by M. K. BHALODIYA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M. K. BHALODIYA & CO. | FY 2023 | 131500 |
Shareholding
The shareholding of Salix 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 Salix Ceramic Private Limited, buy the company report.
Charges & borrowings
Open charges
₹10.05 Cr
Satisfied charges
₹6.59 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Nov 2020 | 100397302 | Others | ₹10.05 Cr | Open | |
| 14 Jun 2011 | 10290239 | Sidbi | ₹6.59 Cr | Satisfied |
To see the full charge records of Salix Ceramic Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Salix Ceramic Private Limited has 13 court cases on record: 1 filed by Salix Ceramic, 12 filed against it. 4 cases are pending and 9 are disposed.
Total cases
13
Filed by the company
1
Filed against the company
12
Pending
4
Disposed
9
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 12 | 4 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Vadodara, Gujarat | Criminal complaint | Filed against the company by Autolight Glass Pvt Ltd., Authorized Person Mr. Sajid B. Lokhandwala | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed against the company by Saral Minerals and Chemicals India LLP Through Partner Mr Chintan Doshi | Disposed |
| District court, Vadodara, Gujarat | Court case (CR EN) | Filed against the company by Autolight Glass Pvt Ltd., Authorized Person Mr. Sajid B. Lokhandwala | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Tata Capital Ltd | Disposed |
| District court, Vadodara, Gujarat | Criminal complaint | Filed against the company by Autolight Glass Pvt Ltd., Authorized Person Mr. Sajid B. Lokhandwala | Disposed |
To see the full case history of Salix 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Salix Ceramic Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Salix Ceramic Private Limited has a workforce of 11 employees on its EPFO records as of Mar 2025, across 1 active EPFO establishment.
Employee count
11
Active EPFO establishments
1
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2024-25 | 11 |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Salix Ceramic Private Limited, buy the company report.
GST
Salix Ceramic has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAPCS0319E1ZL | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Salix Ceramic Private Limited, buy the company report.
Recent activity
Salix Ceramic Private Limited has 7 board changes on record since 2010: 4 appointments and 3 cessations. The latest: Amit Manharlal Agola was appointed as Director on 01 Apr 2017.
AGM
Salix Ceramic Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Salix Ceramic Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge with Others of Rs. 10.05 Cr registered on 13 Nov 2020 with Charge ID 100397302 was modified on 24 Nov 2022.
Charges
A charge registered on 14 Jun 2011 via Charge ID 10290239 with Sidbi was fully satisfied on 10 Dec 2020.
Charges
A charge with Others amounted to Rs. 10.05 Cr with Charge ID 100397302 was registered on 13 Nov 2020.
Charges
A charge with Sidbi of Rs. 6.59 Cr registered on 14 Jun 2011 with Charge ID 10290239 was modified on 18 Jul 2020.
Appointed
Amit Manharlal Agola was appointed as Director.
Appointed
Rameshchandra Ranchhodbhai Panchani was appointed as Director.
Ceased
Jilesh Bhagvanji Kalariya ceased to be Director.
Ceased
Yogesh Dhirajlal Fultariya ceased to be Director.
Ceased
Premjibhai Jerajbhai Dadhaniya ceased to be Director.
Appointed
Devendra Thakarashibhai Kalola was appointed as Director.
3 earlier events are in the company report.
Frequently asked questions
Salix Ceramic is an active private limited company based in Pipli, Gujarat, India. The company works in sanitaryware and tile, within the manufacturing industry. It was incorporated on 29 November 2010 (16+ years old) and is registered under CIN U26933GJ2010PTC063071.
Salix Ceramic has 4 current directors:
- Nilesh Kanjibhai Fultariya - Director
- Rameshchandra Ranchhodbhai Panchani - Director
- Amit Manharlal Agola - Director
- Devendra Thakarashibhai Kalola - Director
The latest financial statements of Salix Ceramic 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 Salix Ceramic is 24AAPCS0319E1ZL, registered in Gujarat.
The CIN (Corporate Identification Number) of Salix Ceramic is U26933GJ2010PTC063071. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Salix Ceramic has 13 court cases on record: 1 filed by the company and 12 filed against it. 4 are pending. Most are in the district courts.
Salix Ceramic was incorporated on 29 November 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Salix Ceramic by revenue are Priceless Overseas Limited, Acute Ceramic Private Limited, Greta Bathware Private Limited, Corona Vitrified 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).
Amit Manharlal Agola was appointed as Director on 01 Apr 2017. Rameshchandra Ranchhodbhai Panchani was appointed as Director on 01 Apr 2017. Jilesh Bhagvanji Kalariya ceased to be Director on 01 Apr 2015. Salix Ceramic has 7 board changes on record in total.
Yes, Salix Ceramic is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-32-0002043).
Salix Ceramic can be reached through the website salixceramic.in. Its registered office is in Pipli, Gujarat, India.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages