Segam Tiles Private Limited

Segam Tiles Private Limited - manufacturing in Morbi, Gujarat, India. FY 2026 financials & compliance.
CIN U26940GJ2016PTC086029 Incorporated 09 February 2016 ROC Ahmedabad HQ Morbi, Gujarat, India
Active Private Limited Company manufacturing MSME · Medium
Data last updated
Revenue · FY 2025
₹53.92 Cr
▼ 26% YoY
Net profit · FY 2025
₹54.6 Lakh
Net margin 1%
EBITDA · FY 2025
₹5.7 Cr
EBITDA margin 10.6%
Authorised capital
₹20 Cr
Registered with MCA
Paid-up capital
₹17.94 Cr
Issued & subscribed
Open charges
₹25.52 Cr
Satisfied ₹82.85 Cr
Company age
10 yrs
Est. 2016
Employees · EPFO
20
Provident fund records

About Segam Tiles Private Limited

Data last updated:

Segam Tiles 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 09 February 2016 and has been in existence for over 10 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U26940GJ2016PTC086029. Its GSTIN is 24AAWCS7575H1ZK (Gujarat).

The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹17.94 Cr. It is led by directors including Maheshbhai Rugnathbhai Kundariya and Hareshkumar Prabhubhai Aravadiya.

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. 64/P Shapar – Gala Road Village: Jasmatgaddh Tal.: Morbi., Gujarat, India – 363642.

As per the financials filed for FY 2025, the company reported a revenue of ₹53.92 Cr, a decline of 26% compared to the previous year. For the same year it recorded a net profit of ₹54.6 Lakh (net margin 1%) and EBITDA of ₹5.7 Cr (EBITDA margin 10.6%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years and 4% over five years.

The company has about 20 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Segam tiles. As per MCA filings, the company has open charges of ₹25.52 Cr and satisfied charges of ₹82.85 Cr on record. Court records list 32 cases involving the company, including 28 filed by the company and 4 filed against it; 9 cases are pending. The company has 4 deals on record (2 secondary share transfers, 2 rights issues); the latest was in October 2017. Its 4 peer companies 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) are compared by revenue, 2 larger and 2 smaller; the largest is Sirazee Tiles Private Limited with revenue of ₹54.3 Cr. The company has 3 MSME Form 1 returns on record between 2017 and 2019, listing 395 overdue payments to 18 micro and small suppliers.

Segam Tiles Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-32-0000896). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website segamvitrified.com.

Company details

CIN U26940GJ2016PTC086029
Registration Number 086029
Incorporation Date 09 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 Medium
Udyam Registration UDYAM-GJ-32-0000896
Key People
Maheshbhai Rugnathbhai Kundariya Director Hareshkumar Prabhubhai Aravadiya Director Ramnikbhai Rugnathbhai Kundaria Director

Recognitions & Rankings of Segam Tiles

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-GJ-32-0000896

Contact details

Segam Tiles Private Limited's registered office is in Morbi, Gujarat. Its website is segamvitrified.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    segamvitrified.com
  • Social Media
  • Registered Address
    Survey No. 64/P Shapar – Gala Road Village: Jasmatgaddh Tal.: Morbi., Gujarat, India – 363642
  • Industry
    Manufacturing, Sanitaryware & Tile, Ceramics

To see the full contact details of Segam Tiles Private Limited, buy the company report.

Comprehensive company report
Segam Tiles 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

Segam Tiles operates one associated brand: Segam tiles. Each brand links to its own profile.

BrandDescriptionWebsite
Segam tiles
Exports a range of glazed vitrified and double-charged tiles.segamvitrified.com

Business activity

The main business activity of Segam Tiles is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC8Plastic products, non-metallic mineral products, rubber products, fabricated metal products

To see the full business activity and turnover split of Segam Tiles Private Limited, buy the company report.

Financials of Segam Tiles Private Limited

FY 2025 filings available

Segam Tiles Private Limited reported revenue of ₹53.92 Cr (down 26% YoY) for FY 2025.

Revenue · FY 2025
₹53.92 Cr ▼ 26%
Net profit · FY 2025
₹54.6 Lakh margin 1%
EBITDA · FY 2025
₹5.7 Cr margin 10.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 26%
3 years · compounded
▼ 4%
5 years · compounded
▼ 4%
EBITDA CAGR growth
1 year
▼ 8%
3 years · compounded
▼ 10%
5 years · compounded
▼ 9%

Revenue has declined at a compounded annual rate (CAGR) of 4% over five years, including a 26% fall in the latest year. EBITDA fell 8% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹5.7 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹54.6 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin10.6%
Net Profit Margin1%
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 Segam Tiles Private Limited, buy the company report.

Board of directors of Segam Tiles Private Limited

Segam Tiles has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Maheshbhai Rugnathbhai KundariyaDirector09 Feb 201610 Years 9 MonthsCurrent
Hareshkumar Prabhubhai AravadiyaDirector10 May 201610 Years 5 MonthsCurrent
Ramnikbhai Rugnathbhai KundariaDirector10 May 201610 Years 5 MonthsCurrent
Kamlesh Shivabhai Rajkotiya
Also directs: Segal Ceramic Private Limited
Director09 Feb 201610 Years 9 MonthsCurrent
View all directors

Peer comparison

Segam Tiles 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Sirazee Tiles Private Limited₹54.3 Cr (FY 2025)11.0%Hyderabad, Telangana, India
Quro Vitrified Private Limited₹53.95 Cr (FY 2025)-11.0%Matel, Gujarat, India
Segam Tiles Private Limitedthis company₹53.92 Cr (FY 2025)₹54.6 Lakh1%-26.0%20Morbi, Gujarat, India
Taurus Tiles Private Limited₹53.55 Cr (FY 2025)19.0%Jashmatgadh, Gujarat, India
Fateh Stones International Private Limited₹53.51 Cr (FY 2024)6.0%Bangalore, Karnataka, India

To see the full peer comparison of Segam Tiles Private Limited, buy the company report.

Auditor

Segam Tiles Private Limited is audited by B. B. KALARIA & CO. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
B. B. KALARIA & CO.FY 2023127220W

Shareholding

The shareholding of Segam Tiles 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Segam Tiles Private Limited, buy the company report.

Charges & borrowings

Open charges
₹25.52 Cr
Satisfied charges
₹82.85 Cr
Breakdown by lending institutions
Others₹25.52 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
26 Sep 2025101175946Others₹96.04 LakhOpen
10 Sep 2025101150325Others₹23.57 CrOpen
12 Sep 2022100628623Others₹99.4 LakhOpen
28 Jul 2022100606615Others₹1.5 CrSatisfied
15 Jun 2021100452514Others₹5.62 CrSatisfied

To see the full charge records of Segam Tiles Private Limited, buy the company report.

Total charge records: 9 View all charges

Deals & funding

Segam Tiles Private Limited has 4 deals on record (2 secondary share transfers, 2 rights issues); the latest was in October 2017.

Total deals
4
Secondary share transfers
2
Rights issues
2

Deals on record (4 of 4)

WhenDealAmountParties
Oct 2017Secondary share transferUndisclosedBuyer: 4 individuals
Seller: 4 individuals
Apr 2017Rights issue₹1.5 CrInvestors: 4 individuals
Jan 2017Secondary share transferUndisclosedBuyer: an individual
Seller: 2 individuals
Jul 2016Rights issue₹17.99 CrInvestors: 4 individuals

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Segam Tiles Private Limited was last rated by Care on 29 Aug 2022.

Rating agencyRated onRating
Care29 Aug 2022

To see the full credit ratings and regulatory alerts of Segam Tiles Private Limited, buy the company report.

MSME payment delays

Segam Tiles Private Limited has 3 MSME Form 1 returns on record between 2017 and 2019, listing 395 overdue payments to 18 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 18)

SupplierAmount dueDue sinceReported on
an individual supplier
Eva Enterprise
an individual supplier
an individual supplier
Laxmipati Minerals

To see the full MSME payment records of Segam Tiles Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Segam Tiles Private Limited has a workforce of 20 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.

Employee count
20
Active EPFO establishments
1
Employee growth
-20%

GST

Segam Tiles has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAWCS7575H1ZKGujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Segam Tiles Private Limited, buy the company report.

Recent activity

Segam Tiles Private Limited has 10 board changes on record since 2016: 7 appointments and 3 cessations. The latest: Alpesh Jagjivan Patel ceased to be Director on 01 Aug 2025.

Charges
A charge with Others of Rs. 23.57 Cr registered on 10 Sep 2025 with Charge ID 101150325 was modified on 21 Nov 2025.
Charges
A charge registered on 28 Jul 2022 via Charge ID 100606615 with Others was fully satisfied on 29 Oct 2025.
Charges
A charge registered on 14 Jun 2021 via Charge ID 100452520 with Others was fully satisfied on 29 Oct 2025.
AGM
Segam Tiles Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 0.96 Cr with Charge ID 101175946 was registered on 26 Sep 2025.
Charges
A charge with Others amounted to Rs. 23.57 Cr with Charge ID 101150325 was registered on 10 Sep 2025.
Ceased
Alpesh Jagjivan Patel ceased to be Director.
Ceased
Balvantbhai Laljibhai Thoriya ceased to be Director.
Ceased
Pareshkumar Karamshibhai Kundaria ceased to be Director.
Filing
Segam Tiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge registered on 15 Jun 2021 via Charge ID 100452514 with Others was fully satisfied on 19 Nov 2024.
Charges
A charge with Others of Rs. 35.56 Cr registered on 14 Jun 2021 with Charge ID 100452520 was modified on 15 Mar 2024.

20 earlier events are in the company report.

Frequently asked questions

Segam Tiles 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 09 February 2016 (10+ years old) and is registered under CIN U26940GJ2016PTC086029.

Segam Tiles has 4 current directors:

The latest financial statements of Segam Tiles 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 Segam Tiles is 24AAWCS7575H1ZK, registered in Gujarat.

The CIN (Corporate Identification Number) of Segam Tiles is U26940GJ2016PTC086029. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Segam Tiles has 32 court cases on record: 28 filed by the company and 4 filed against it. 9 are pending. Most are in the district courts.

Segam Tiles was incorporated on 09 February 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Segam Tiles has 4 deals on record (2 secondary share transfers, 2 rights issues); the latest was in October 2017.

The peers of Segam Tiles by revenue are Sirazee Tiles Private Limited, Quro Vitrified Private Limited, Taurus Tiles Private Limited, Fateh Stones International 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).

Alpesh Jagjivan Patel ceased to be Director on 01 Aug 2025. Balvantbhai Laljibhai Thoriya ceased to be Director on 01 Aug 2025. Pareshkumar Karamshibhai Kundaria ceased to be Director on 01 Aug 2025. Segam Tiles has 10 board changes on record in total.

Yes, Segam Tiles is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-32-0000896).

Segam Tiles has 3 MSME Form 1 returns on record between 2017 and 2019, listing 395 overdue payments to 18 micro and small suppliers. The latest return was filed on 05 Jun 2019.