MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-32-0003260
Sherwin Tiles Private Limited
Sherwin Tiles Private Limited - manufacturing in Morbi, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹12.11 Cr
▲ 1% YoY
Net loss · FY 2025
₹24.25 Lakh
Net margin -2%
EBITDA · FY 2025
₹63.93 Lakh
EBITDA margin 5.3%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹4.42 Cr
Issued & subscribed
Open charges
₹3.84 Cr
Secured borrowings
Company age
12 yrs
Est. 2014
Directors on board
4
As per MCA filings
About Sherwin Tiles Private Limited
Data last updated:
Sherwin 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 17 July 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U26933GJ2014PTC080157. Its GSTIN is 24AAUCS7733B1Z6 (Gujarat).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.42 Cr. It is led by directors including Jaydeep Chandulal Kandiya and Abhay Bhagvanjibhai Aghara.
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. 574 P1/P1 & 578/P1 Village : Rangpar Taluka : Morbi, Gujarat, India – 363642.
As per the financials filed for FY 2025, the company reported a revenue of ₹12.11 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net loss of ₹24.25 Lakh (net margin -2%) and EBITDA of ₹63.93 Lakh (EBITDA margin 5.3%). Revenue has grown at a compounded annual rate (CAGR) of 33% over five years.
As per MCA filings, the company has open charges of ₹3.84 Cr on record. Court records list 19 cases involving the company, including 1 filed by the company and 18 filed against it; 1 case is pending. The company has 8 deals on record (5 secondary share transfers, 2 rights issues, 1 funding round), with disclosed funding of ₹1.34 Cr; the latest was in March 2021.
Sherwin Tiles Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-32-0003260). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U26933GJ2014PTC080157
Registration Number 080157
Incorporation Date 17 July 2014
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-32-0003260
Key People
Jaydeep Chandulal Kandiya Director Abhay Bhagvanjibhai Aghara Director Amitkumar Rameshbhai Gambhava Director Recognitions & Rankings of Sherwin Tiles
Contact details
Sherwin Tiles Private Limited's registered office is in Morbi, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressSurvey No. 574 P1/P1 & 578/P1 Village : Rangpar Taluka : Morbi, Gujarat, India – 363642
- IndustryManufacturing, Sanitaryware & Tile, Ceramics
To see the full contact details of Sherwin Tiles Private Limited, buy the company report.
Comprehensive company report
Sherwin 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
Business activity
The main business activity of Sherwin Tiles 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 Sherwin Tiles Private Limited, buy the company report.
Financials of Sherwin Tiles Private Limited
FY 2025 filings availableSherwin Tiles Private Limited reported revenue of ₹12.11 Cr (up 1% YoY) for FY 2025.
Revenue · FY 2025
₹12.11 Cr ▲ 1%
Net loss · FY 2025
₹24.25 Lakh margin -2%
EBITDA · FY 2025
₹63.93 Lakh margin 5.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 1%
5 years · compounded
▲ 33%
EBITDA CAGR growth
1 year
▼ 31%
3 years · compounded
▼ 11%
5 years · compounded
▲ 2%
Revenue has grown at a compounded annual rate (CAGR) of 33% over five years, including 1% growth in the latest year. EBITDA fell 31% 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 | ₹63.93 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹24.25 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 | 5.3% | ||||
| Net Profit Margin | -2% | ||||
| 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 Sherwin Tiles Private Limited, buy the company report.
Board of directors of Sherwin Tiles Private Limited
Sherwin Tiles has 4 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jaydeep Chandulal Kandiya | Director | 21 Aug 2019 | 7 Years 2 Months | Current |
| Abhay Bhagvanjibhai Aghara | Director | 21 Aug 2019 | 7 Years 2 Months | Current |
| Amitkumar Rameshbhai Gambhava | Director | 21 Aug 2019 | 7 Years 2 Months | Current |
| Dineshbhai Hirjibhai Boda | Director | 21 Aug 2019 | 7 Years 2 Months | Current |
Auditor
Sherwin Tiles Private Limited is audited by PATEL SONI SHAH AND CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PATEL SONI SHAH AND CO. | FY 2022 | 127904W |
Shareholding
The shareholding of Sherwin Tiles Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sherwin Tiles Private Limited, buy the company report.
Charges & borrowings
Open charges
₹3.84 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Nov 2015 | 10605180 | Canara Bank | ₹3.84 Cr | Open |
To see the full charge records of Sherwin Tiles Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Sherwin Tiles Private Limited has 8 deals on record (5 secondary share transfers, 2 rights issues, 1 funding round), with disclosed funding of ₹1.34 Cr; the latest was in March 2021.
Total deals
8
Secondary share transfers
5
Rights issues
2
Funding round
1
Disclosed funding
₹1.34 Cr
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Oct 2019 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 2 individuals |
| Sep 2018 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Apr 2016 | Rights issue | ₹2.04 Cr | Investors: 4 individuals |
To see the full deal history of Sherwin Tiles Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Sherwin Tiles Private Limited has 19 court cases on record: 1 filed by Sherwin Tiles, 18 filed against it. 1 case is pending and 18 are disposed.
Total cases
19
Filed by the company
1
Filed against the company
18
Pending
1
Disposed
18
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 18 | 18 | 1 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, MORBI, Gujarat | Criminal complaint | Filed against the company by Vineet Girdharlal Gopa - SHV Energy Pvt Ltd | Disposed |
| District court, MORBI, Gujarat | Court case (CR EN) | Filed against the company by Mr Vineet Girdharlal Gopa - Account Manger of SHV Energy Pvt Ltd | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by an individual | Pending |
| District court, RAJKOT, Gujarat | Court case (DST LC) | Filed against the company by an individual | Disposed |
| District court, Bharuch, Gujarat | Criminal complaint | Filed against the company by an individual | Disposed |
To see the full case history of Sherwin Tiles 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 Sherwin Tiles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sherwin Tiles has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAUCS7733B1Z6 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sherwin Tiles Private Limited, buy the company report.
Recent activity
Sherwin Tiles Private Limited has 14 board changes on record since 2014: 4 appointments and 10 cessations. The latest: Ashokkumar Damjibhai Kasundra ceased to be Director on 22 Jan 2022.
AGM
Sherwin Tiles Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Sherwin Tiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Canara Bank of Rs. 3.84 Cr registered on 04 Nov 2015 with Charge ID 10605180 was modified on 09 Aug 2024.
Ceased
Ashokkumar Damjibhai Kasundra ceased to be Director.
Ceased
Alpeshbhai Amarshibhai Gami ceased to be Director.
Appointed
Abhay Bhagvanjibhai Aghara was appointed as Director.
Appointed
Amitkumar Rameshbhai Gambhava was appointed as Director.
Appointed
Dineshbhai Hirjibhai Boda was appointed as Director.
Appointed
Jaydeep Chandulal Kandiya was appointed as Director.
Ceased
Hiten Ramanikbhai Rajkotia ceased to be Director.
Ceased
Arvindbhai Harjibhai Panara ceased to be Director.
Ceased
Hitendrabhai Ravibhai Patel ceased to be Director.
7 earlier events are in the company report.
Frequently asked questions
Sherwin 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 17 July 2014 (12+ years old) and is registered under CIN U26933GJ2014PTC080157.
Sherwin Tiles has 4 current directors:
- Jaydeep Chandulal Kandiya - Director
- Abhay Bhagvanjibhai Aghara - Director
- Amitkumar Rameshbhai Gambhava - Director
- Dineshbhai Hirjibhai Boda - Director
The latest financial statements of Sherwin 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 2015 are in the company report.
The GSTIN of Sherwin Tiles is 24AAUCS7733B1Z6, registered in Gujarat.
The CIN (Corporate Identification Number) of Sherwin Tiles is U26933GJ2014PTC080157. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sherwin Tiles has 19 court cases on record: 1 filed by the company and 18 filed against it. 1 is pending. Most are in the district courts.
Sherwin Tiles was incorporated on 17 July 2014, making it 12+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Sherwin Tiles has 8 deals on record (5 secondary share transfers, 2 rights issues, 1 funding round), with disclosed funding of ₹1.34 Cr; the latest was in March 2021.
Ashokkumar Damjibhai Kasundra ceased to be Director on 22 Jan 2022. Alpeshbhai Amarshibhai Gami ceased to be Director on 05 Dec 2019. Abhay Bhagvanjibhai Aghara was appointed as Director on 21 Aug 2019. Sherwin Tiles has 14 board changes on record in total.
Yes, Sherwin Tiles is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-32-0003260).