MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-32-0002218
Shapphire Ceramic Private Limited
Shapphire Ceramic Private Limited - manufacturing in Morbi, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹16.63 Lakh
▼ 97% YoY
Net profit · FY 2025
₹2.27 Lakh
Net margin 13.7%
EBITDA · FY 2025
₹8.52 Lakh
EBITDA margin 51.2%
Authorised capital
₹2.4 Cr
Registered with MCA
Paid-up capital
₹2.4 Cr
Issued & subscribed
Satisfied charges
₹17.55 Cr
No open charges
Company age
24 yrs
Est. 2002
Directors on board
3
As per MCA filings
About Shapphire Ceramic Private Limited
Data last updated:
Shapphire 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 17 December 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U26914GJ2002PTC041707. Its GSTIN is 24AAHCS0379L1Z2 (Gujarat).
The company has an authorised share capital of ₹2.4 Cr and a paid-up capital of ₹2.4 Cr. It is led by directors including Jigneshbhai Damjibhai Bhadja and Hareshbhai Ganeshbhai Bhadja.
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 Old Ghatu Road, Morbi, Gujarat, India – 363641.
As per the financials filed for FY 2025, the company reported a revenue of ₹16.63 Lakh, a decline of 97% compared to the previous year. For the same year it recorded a net profit of ₹2.27 Lakh (net margin 13.7%) and EBITDA of ₹8.52 Lakh (EBITDA margin 51.2%). Revenue has declined at a compounded annual rate (CAGR) of 79% over three years and 62% over five years.
As per MCA filings, the company has satisfied charges of ₹17.55 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
Shapphire Ceramic Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-32-0002218). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U26914GJ2002PTC041707
Registration Number 041707
Incorporation Date 17 December 2002
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-32-0002218
Key People
Jigneshbhai Damjibhai Bhadja Director Hareshbhai Ganeshbhai Bhadja Director Pravinbhai Ganeshbhai Bhadja Director Recognitions & Rankings of Shapphire Ceramic
Contact details
Shapphire Ceramic Private Limited's registered office is in Morbi, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressOld Ghatu Road, Morbi, Gujarat, India – 363641
- IndustryManufacturing, Sanitaryware & Tile, Ceramics
To see the full contact details of Shapphire Ceramic Private Limited, buy the company report.
Comprehensive company report
Shapphire 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
Business activity
The main business activity of Shapphire 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 Shapphire Ceramic Private Limited, buy the company report.
Financials of Shapphire Ceramic Private Limited
FY 2025 filings availableShapphire Ceramic Private Limited reported revenue of ₹16.63 Lakh (down 97% YoY) for FY 2025.
Revenue · FY 2025
₹16.63 Lakh ▼ 97%
Net profit · FY 2025
₹2.27 Lakh margin 13.7%
EBITDA · FY 2025
₹8.52 Lakh margin 51.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 97%
3 years · compounded
▼ 79%
5 years · compounded
▼ 62%
EBITDA CAGR growth
1 year
▼ 78%
3 years · compounded
▼ 58%
5 years · compounded
▼ 45%
Revenue has declined at a compounded annual rate (CAGR) of 62% over five years, including a 97% fall in the latest year. EBITDA fell 78% 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 | ₹8.52 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.27 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 51.2% | ||||
| Net Profit Margin | 13.7% | ||||
| 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 Shapphire Ceramic Private Limited, buy the company report.
Board of directors of Shapphire Ceramic Private Limited
Shapphire Ceramic has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jigneshbhai Damjibhai Bhadja | Director | 27 Sep 2011 | 15 Years 0 Months | Current |
| Hareshbhai Ganeshbhai Bhadja | Director | 27 Sep 2011 | 15 Years 0 Months | Current |
| Pravinbhai Ganeshbhai Bhadja | Director | 16 Nov 2012 | 13 Years 11 Months | Current |
Peer comparison
Shapphire 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 |
|---|---|---|---|---|---|---|
| Solenzo Ceramic Private Limited | ₹16.92 Lakh (FY 2024) | 5368.0% | Morbi, Gujarat, India | |||
| Ommangal Grani Marmo Private Limited | ₹16.92 Lakh (FY 2024) | -19.0% | Rajsamand, Rajasthan, India | |||
| Shapphire Ceramic Private Limitedthis company | ₹16.63 Lakh (FY 2025) | ₹2.27 Lakh | 13.7% | -97.0% | Morbi, Gujarat, India | |
| M.S.R. Marmostones Private Limited | ₹16.08 Lakh (FY 2025) | -69.0% | Rajsamand, Rajasthan, India | |||
| Prithvi Granite Private Limited | ₹15.71 Lakh (FY 2025) | -28.0% | Aurangabad, Maharashtra, India |
To see the full peer comparison of Shapphire Ceramic Private Limited, buy the company report.
Auditor
Shapphire Ceramic Private Limited is audited by N. D. AGHARA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N. D. AGHARA & ASSOCIATES | FY 2023 | 125847 |
Shareholding
The shareholding of Shapphire 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 Shapphire Ceramic Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹17.55 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Dec 2011 | 10323217 | Hdfc Bank Limited | ₹5.9 Cr | Satisfied | |
| 07 Dec 2011 | 10323004 | Hdfc Bank Limited | ₹5.9 Cr | Satisfied | |
| 08 Aug 2009 | 10173365 | The Co - Operative Bank of Rajkot Limited | ₹2.35 Cr | Satisfied | |
| 13 Oct 2003 | 90105284 | State Bank of Saurashtra | ₹70 Lakh | Satisfied | |
| 13 Oct 2003 | 90107320 | State Bank of Saurashtra | ₹2.7 Cr | Satisfied |
To see the full charge records of Shapphire Ceramic Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Shapphire Ceramic Private Limited has 1 court case on record: 1 filed by Shapphire Ceramic. All case is disposed.
Total cases
1
Filed by the company
1
Disposed
1
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 Shapphire 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 Shapphire Ceramic Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Shapphire Ceramic has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAHCS0379L1Z2 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shapphire Ceramic Private Limited, buy the company report.
Recent activity
Shapphire Ceramic Private Limited has 11 board changes on record since 2009: 3 appointments and 8 cessations. The latest: Pravinbhai Ganeshbhai Bhadja ceased to be Managing Director on 09 Dec 2019.
AGM
Shapphire Ceramic Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Shapphire Ceramic Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge registered on 07 Dec 2011 via Charge ID 10323004 with Hdfc Bank Limited was fully satisfied on 05 Jul 2024.
Charges
A charge registered on 15 Dec 2011 via Charge ID 10323217 with Hdfc Bank Limited was fully satisfied on 06 Jun 2023.
Ceased
Pravinbhai Ganeshbhai Bhadja ceased to be Managing Director.
Charges
A charge with Hdfc Bank Limited of Rs. 5.90 Cr registered on 15 Dec 2011 with Charge ID 10323217 was modified on 26 Nov 2015.
Charges
A charge with Hdfc Bank Limited of Rs. 5.90 Cr registered on 07 Dec 2011 with Charge ID 10323004 was modified on 26 Nov 2015.
Appointed
Pravinbhai Ganeshbhai Bhadja was appointed as Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 5.90 Cr with Charge ID 10323217 was registered on 15 Dec 2011.
Charges
A charge registered on 08 Aug 2009 via Charge ID 10173365 with The Co - Operative Bank Of Rajkot Limited was fully satisfied on 10 Dec 2011.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 5.90 Cr with Charge ID 10323004 was registered on 07 Dec 2011.
Ceased
Dharmendra Babulal Rupala ceased to be Director.
15 earlier events are in the company report.
Frequently asked questions
Shapphire 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 17 December 2002 (24+ years old) and is registered under CIN U26914GJ2002PTC041707.
Shapphire Ceramic has 3 current directors:
- Jigneshbhai Damjibhai Bhadja - Director
- Hareshbhai Ganeshbhai Bhadja - Director
- Pravinbhai Ganeshbhai Bhadja - Director
The latest financial statements of Shapphire 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 Shapphire Ceramic is 24AAHCS0379L1Z2, registered in Gujarat.
The CIN (Corporate Identification Number) of Shapphire Ceramic is U26914GJ2002PTC041707. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shapphire Ceramic has 1 court case on record: 1 filed by the company.
Shapphire Ceramic was incorporated on 17 December 2002, making it 24+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Shapphire Ceramic by revenue are Solenzo Ceramic Private Limited, Ommangal Grani Marmo Private Limited, M.S.R. Marmostones Private Limited, Prithvi Granite 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).
Pravinbhai Ganeshbhai Bhadja ceased to be Managing Director on 09 Dec 2019. Pravinbhai Ganeshbhai Bhadja was appointed as Director on 16 Nov 2012. Dharmendra Babulal Rupala ceased to be Director on 29 Nov 2011. Shapphire Ceramic has 11 board changes on record in total.
Yes, Shapphire Ceramic is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-32-0002218).
The registered office of Shapphire Ceramic is at Old Ghatu Road, Morbi, Gujarat, India – 363641.