MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-32-0010240
Savino Granito Private Limited - manufacturing in Rangpar, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹23.81 Cr
▼ 50% YoY
Net loss · FY 2025
₹1.19 Cr
Net margin -5%
EBITDA · FY 2025
₹1.6 Cr
EBITDA margin 6.7%
Authorised capital
₹12.25 Cr
Registered with MCA
Paid-up capital
₹12 Cr
Issued & subscribed
Open charges
₹15 Cr
Secured borrowings
Company age
11 yrs
Est. 2015
Employees · EPFO
20
Provident fund records
About Savino Granito Private Limited
Data last updated:
Savino Granito Private Limited is a private limited company based in Rangpar, Gujarat, India. It operates in the ceramics segment of the manufacturing sector. It was incorporated on 11 December 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U26940GJ2015PTC085349. Its GSTIN is 24AAWCS5194E1ZV (Gujarat).
The company has an authorised share capital of ₹12.25 Cr and a paid-up capital of ₹12 Cr. It is led by directors including Maheshbhai Jayantilal Vadsola and Satishbhai Jayntilal Vadsola.
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. 581P2 & 582 Opp. Geb Sub – Station Jetpar Road Tal. & Dist. Morbi, Rangpar, Gujarat, India – 363642.
As per the financials filed for FY 2025, the company reported a revenue of ₹23.81 Cr, a decline of 50% compared to the previous year. For the same year it recorded a net loss of ₹1.19 Cr (net margin -5%) and EBITDA of ₹1.6 Cr (EBITDA margin 6.7%). Revenue has declined at a compounded annual rate (CAGR) of 18% over three years and 10% over five years.
The company has about 20 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Savino Granito. As per MCA filings, the company has open charges of ₹15 Cr on record. Court records list 28 cases involving the company, including 28 filed by the company; 18 cases are pending.
Savino Granito Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-32-0010240). 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 savinogranito.com.
Company details
CIN U26940GJ2015PTC085349
Registration Number 085349
Incorporation Date 11 December 2015
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Compliance Status Active Non-Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-32-0010240
Key People
Maheshbhai Jayantilal Vadsola Director Satishbhai Jayntilal Vadsola Director Manishbhai Karamshibhai Aghara Director Recognitions & Rankings of Savino Granito
Contact details
Savino Granito Private Limited's registered office is in Rangpar, Gujarat. Its website is savinogranito.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressS. No. 581P2 & 582 Opp. Geb Sub – Station Jetpar Road Tal. & Dist. Morbi, Rangpar, Gujarat, India – 363642
- IndustryManufacturing, Ceramics, Sanitaryware & Tile
To see the full contact details of Savino Granito Private Limited, buy the company report.
Comprehensive company report
Savino Granito 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
Savino Granito operates one associated brand: SAVINO GRANITO. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Produces innovative vitrified tiles and supplies them worldwide. | savinogranito.com |
Business activity
The main business activity of Savino Granito 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 Savino Granito Private Limited, buy the company report.
Financials of Savino Granito Private Limited
FY 2024 filings availableSavino Granito Private Limited reported revenue of ₹23.81 Cr (down 50% YoY) for FY 2025.
Revenue · FY 2025
₹23.81 Cr ▼ 50%
Net loss · FY 2025
₹1.19 Cr margin -5%
EBITDA · FY 2025
₹1.6 Cr margin 6.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 50%
3 years · compounded
▼ 18%
5 years · compounded
▼ 10%
EBITDA CAGR growth
1 year
▼ 57%
3 years · compounded
▼ 27%
5 years · compounded
▼ 25%
Revenue has declined at a compounded annual rate (CAGR) of 10% over five years, including a 50% fall in the latest year. EBITDA fell 57% 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 | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.6 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.19 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
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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 | 6.7% | ||||
| Net Profit Margin | -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 | |||||
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| 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 Savino Granito Private Limited, buy the company report.
Board of directors of Savino Granito Private Limited
Savino Granito has 3 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 |
|---|---|---|---|---|
| Maheshbhai Jayantilal Vadsola | Director | 14 Apr 2016 | 10 Years 7 Months | Current |
| Satishbhai Jayntilal Vadsola | Director | 11 Dec 2015 | 10 Years 11 Months | Current |
| Manishbhai Karamshibhai Aghara | Director | 03 Oct 2017 | 9 Years 1 Months | Current |
Peer comparison
Savino Granito 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 |
|---|---|---|---|---|---|---|
| Opwell Ceramic Private Limited | ₹24.25 Cr (FY 2024) | 6.0% | Morbi, Gujarat, India | |||
| Luton Ceramic Private Limited | ₹24.04 Cr (FY 2025) | -4.0% | Morbi, Gujarat, India | |||
| Gobain Ceramic Private Limited | ₹23.93 Cr (FY 2025) | -23.0% | Ghuntu, Gujarat, India | |||
| Savino Granito Private Limitedthis company | ₹23.81 Cr (FY 2025) | -₹1.19 Cr | -5% | -50.0% | 20 | Rangpar, Gujarat, India |
| Frita Ceramic Private Limited | ₹23.76 Cr (FY 2025) | 14.0% | Morbi, Gujarat, India | |||
| Sunrise Ceramic Private Limited | ₹23.61 Cr (FY 2025) | -21.0% | Dhuva, Gujarat, India | |||
| Clayris Ceramics Private Limited | ₹23.49 Cr (FY 2017) | 5.0% | Ghuntu, Gujarat, India |
To see the full peer comparison of Savino Granito Private Limited, buy the company report.
Auditor
Savino Granito Private Limited is audited by GAUSWAMI & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GAUSWAMI & ASSOCIATES | FY 2023 | 157379W |
Shareholding
The shareholding of Savino Granito 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Savino Granito Private Limited, buy the company report.
Charges & borrowings
Open charges
₹15 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Jul 2016 | 100042496 | Others | ₹15 Cr | Open |
To see the full charge records of Savino Granito Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Savino Granito Private Limited has 28 court cases on record: 28 filed by Savino Granito. 18 cases are pending and 10 are disposed.
Total cases
28
Filed by the company
28
Pending
18
Disposed
10
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 27 | 0 | 18 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 28)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, MORBI, Gujarat | Criminal complaint | Filed by the company against Waterman Granito India Pvt. Ltd. and 5 others | Pending |
| District court, MORBI, Gujarat | Criminal complaint | Filed by the company against K Mark Bizsol Pvt. Ltd. (GJ) and 3 others | Pending |
| District court, MORBI, Gujarat | Criminal complaint | Filed by the company against individuals | Pending |
| District court, MORBI, Gujarat | Criminal complaint | Filed by the company against individuals | Pending |
| District court, MORBI, Gujarat | Criminal complaint | Filed by the company against individuals | Pending |
To see the full case history of Savino Granito 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
Savino Granito Private Limited was last rated by Care on 30 Mar 2023.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 30 Mar 2023 |
To see the full credit ratings and regulatory alerts of Savino Granito Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Savino Granito Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Savino Granito Private Limited has a workforce of 20 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
20
Active EPFO establishments
1
Employee growth
-9.1%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 20 |
| FY 2025-26 | |
| FY 2024-25 | |
| 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 Savino Granito Private Limited, buy the company report.
GST
Savino Granito has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAWCS5194E1ZV | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Savino Granito Private Limited, buy the company report.
Recent activity
Savino Granito Private Limited has 6 board changes on record since 2015: 3 appointments and 3 cessations. The latest: Manishbhai Karamshibhai Aghara was appointed as Director on 03 Oct 2017.
AGM
Savino Granito Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Others of Rs. 15.00 Cr registered on 13 Jul 2016 with Charge ID 100042496 was modified on 18 May 2024.
Filing
Savino Granito Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Appointed
Manishbhai Karamshibhai Aghara was appointed as Director.
Ceased
Manojbhai Muljibhai Kalariya ceased to be Director.
Ceased
Nareshbhai Muljibhai Kalariya ceased to be Director.
Ceased
Vishal Pranjivanbhai Kalariya ceased to be Director.
Charges
A charge with Others amounted to Rs. 15.00 Cr with Charge ID 100042496 was registered on 13 Jul 2016.
Appointed
Maheshbhai Jayantilal Vadsola was appointed as Director.
Appointed
Satishbhai Jayntilal Vadsola was appointed as Director.
Incorporation
11 Dec 2015
Savino Granito Private Limited was registered on 11 Dec 2015 with Roc Ahmedabad & aged 10 years 11 months as per MCA records.
Frequently asked questions
Savino Granito is an active private limited company based in Rangpar, Gujarat, India. The company works in ceramics, within the manufacturing industry. It was incorporated on 11 December 2015 (11+ years old) and is registered under CIN U26940GJ2015PTC085349.
Savino Granito has 3 current directors:
- Maheshbhai Jayantilal Vadsola - Director
- Satishbhai Jayntilal Vadsola - Director
- Manishbhai Karamshibhai Aghara - Director
The latest financial statements of Savino Granito 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 FY 2016 are in the company report.
The GSTIN of Savino Granito is 24AAWCS5194E1ZV, registered in Gujarat.
The CIN (Corporate Identification Number) of Savino Granito is U26940GJ2015PTC085349. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Savino Granito has 28 court cases on record: 28 filed by the company. 18 are pending. Most are in the district courts.
Savino Granito was incorporated on 11 December 2015, making it 11+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Savino Granito by revenue are Opwell Ceramic Private Limited, Luton Ceramic Private Limited, Gobain Ceramic Private Limited, Frita Ceramic Private Limited, Sunrise Ceramic 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).
Manishbhai Karamshibhai Aghara was appointed as Director on 03 Oct 2017. Manojbhai Muljibhai Kalariya ceased to be Director on 03 Oct 2017. Nareshbhai Muljibhai Kalariya ceased to be Director on 03 Oct 2017. Savino Granito has 6 board changes on record in total.
Yes, Savino Granito is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-32-0010240).
Savino Granito can be reached through the website savinogranito.com. Its registered office is in Rangpar, Gujarat, India.
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