MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-21-0002935
Shrusti Ceramics Private Limited - manufacturing in Himatnagar, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹97.58 Cr
▼ 3% YoY
Net profit · FY 2025
₹2.91 Cr
Net margin 3%
EBITDA · FY 2025
₹6.37 Cr
EBITDA margin 6.5%
Authorised capital
₹6.5 Cr
Registered with MCA
Paid-up capital
₹6.05 Cr
Issued & subscribed
Open charges
₹59.01 Cr
Satisfied ₹38.73 Cr
Company age
19 yrs
Est. 2007
Directors on board
2
As per MCA filings
About Shrusti Ceramics Private Limited
Data last updated:
Shrusti Ceramics Private Limited is a private limited company based in Himatnagar, Gujarat, India. It operates in the sanitaryware and tile segment of the manufacturing sector. It was incorporated on 14 May 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U26933GJ2007PTC050813. Its GSTIN is 24AANCS2579J1ZU (Gujarat).
The company has an authorised share capital of ₹6.5 Cr and a paid-up capital of ₹6.05 Cr. It is led by directors Dhulabhai Motibhai Patel and Chimanbhai Kalabhai Patel.
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 Plot No. 37 Second Floor GIDC B/H. Starcity Multiplex Motipura, Himatnagar, Gujarat, India – 383001.
As per the financials filed for FY 2025, the company reported a revenue of ₹97.58 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹2.91 Cr (net margin 3%) and EBITDA of ₹6.37 Cr (EBITDA margin 6.5%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 2% over five years.
The company is associated with 1 brand: Shrusti Ceramics. As per MCA filings, the company has open charges of ₹59.01 Cr and satisfied charges of ₹38.73 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company.
Shrusti Ceramics Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-21-0002935). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shrusticeramics.com.
Company details
CIN U26933GJ2007PTC050813
Registration Number 050813
Incorporation Date 14 May 2007
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-21-0002935
Recognitions & Rankings of Shrusti Ceramics
Contact details
Shrusti Ceramics Private Limited's registered office is in Himatnagar, Gujarat. Its website is shrusticeramics.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No. 37 Second Floor GIDC B/H. Starcity Multiplex Motipura, Himatnagar, Gujarat, India – 383001
- IndustryManufacturing, Sanitaryware & Tile, Ceramics
To see the full contact details of Shrusti Ceramics Private Limited, buy the company report.
Comprehensive company report
Shrusti Ceramics 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
Shrusti Ceramics operates one associated brand: Shrusti Ceramics. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing and exporting of ceramic frits for tile glazes in Gujarat, India. | shrusticeramics.com |
Business activity
The main business activity of Shrusti Ceramics is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Shrusti Ceramics Private Limited, buy the company report.
Financials of Shrusti Ceramics Private Limited
FY 2025 filings availableShrusti Ceramics Private Limited reported revenue of ₹97.58 Cr (down 3% YoY) for FY 2025.
Revenue · FY 2025
₹97.58 Cr ▼ 3%
Net profit · FY 2025
₹2.91 Cr margin 3%
EBITDA · FY 2025
₹6.37 Cr margin 6.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 3%
3 years · compounded
▲ 8%
5 years · compounded
▲ 2%
EBITDA CAGR growth
1 year
▼ 6%
3 years · compounded
▼ 9%
5 years · compounded
▼ 9%
Revenue fell 3% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 2%. EBITDA fell 6% 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 |
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| Total Expenses | |||||
| EBITDA | ₹6.37 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.91 Cr | ||||
| Balance Sheet | |||||
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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 | 6.5% | ||||
| Net Profit Margin | 3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Shrusti Ceramics Private Limited, buy the company report.
Board of directors of Shrusti Ceramics Private Limited
Shrusti Ceramics has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dhulabhai Motibhai Patel | Director | 14 May 2007 | 19 Years 5 Months | Current |
| Chimanbhai Kalabhai Patel | Director | 08 Oct 2018 | 8 Years 0 Months | Current |
Peer comparison
Shrusti Ceramics Private Limited is compared with the 3 companies closest to it by revenue in the Manufacturing industry (Ceramics, Sanitaryware and Tiles), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Victory Ceratech Private Limited | ₹101.73 Cr (FY 2025) | 28.0% | Ahmedabad, Gujarat, India | |||
| Kethos Tiles Private Limited | ₹97.66 Cr (FY 2022) | 17.0% | Talod, Gujarat, India | |||
| Shrusti Ceramics Private Limitedthis company | ₹97.58 Cr (FY 2025) | ₹2.91 Cr | 3% | -3.0% | Himatnagar, Gujarat, India | |
| Nice and Natural Products Private Limited | ₹95.27 Cr (FY 2025) | 285.0% | Jaipur, Rajasthan, India |
To see the full peer comparison of Shrusti Ceramics Private Limited, buy the company report.
Auditor
Shrusti Ceramics Private Limited is audited by K. K. PATEL & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K. K. PATEL & ASSOCIATES | FY 2023 | 121043W |
Shareholding
The shareholding of Shrusti Ceramics 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 Shrusti Ceramics Private Limited, buy the company report.
Charges & borrowings
Open charges
₹59.01 Cr
Satisfied charges
₹38.73 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Jan 2025 | 101060431 | Indian Bank | ₹80 Lakh | Open | |
| 15 Jun 2023 | 100729809 | Indian Bank | ₹1.59 Cr | Open | |
| 20 Jun 2020 | 100357707 | Indian Bank | ₹2.8 Cr | Open | |
| 20 Jun 2020 | 100359167 | Indian Bank | ₹15.84 Cr | Open | |
| 02 May 2018 | 100176035 | Indian Bank | ₹21.68 Cr | Open |
To see the full charge records of Shrusti Ceramics Private Limited, buy the company report.
Total charge records: 14 View all charges
Legal cases
Shrusti Ceramics Private Limited has 3 court cases on record: 3 filed by Shrusti Ceramics. All cases are disposed.
Total cases
3
Filed by the company
3
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Sabarkantha at Himmatnagar, Gujarat | Court case (SMST S) | Filed by the company against Digicera Tiles LLP and 3 others | Disposed |
| District court, Sabarkantha at Himmatnagar, Gujarat | Court case (SMST S) | Filed by the company against Spel Granito Pvt. Ltd and 2 others | Disposed |
| District court, Sabarkantha at Himmatnagar, Gujarat | Commercial matter | Filed by the company against individuals | Disposed |
To see the full case history of Shrusti Ceramics 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 Shrusti Ceramics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Shrusti Ceramics has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Associated companies
GST
Shrusti Ceramics has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AANCS2579J1ZU | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shrusti Ceramics Private Limited, buy the company report.
Recent activity
Shrusti Ceramics Private Limited has 4 board changes on record since 2007: 2 appointments and 2 cessations. The latest: Chimanbhai Kalabhai Patel ceased to be Additional Director on 30 Sep 2019.
Charges
A charge registered on 13 May 2020 via Charge ID 100337029 with Indian Bank was fully satisfied on 20 Nov 2025.
AGM
Shrusti Ceramics Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Shrusti Ceramics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Indian Bank amounted to Rs. 0.80 Cr with Charge ID 101060431 was registered on 29 Jan 2025.
Charges
A charge registered on 20 Feb 2020 via Charge ID 100344785 with Indian Bank was fully satisfied on 24 Sep 2024.
Charges
A charge registered on 29 Nov 2019 via Charge ID 100344904 with Indian Bank was fully satisfied on 24 Sep 2024.
Charges
A charge registered on 30 Oct 2018 via Charge ID 100215950 with Indian Bank was fully satisfied on 24 Sep 2024.
Charges
A charge with Indian Bank amounted to Rs. 1.59 Cr with Charge ID 100729809 was registered on 15 Jun 2023.
Charges
A charge registered on 18 Oct 2012 via Charge ID 10424823 with Punjab National Bank was fully satisfied on 25 Mar 2022.
Charges
A charge with Indian Bank of Rs. 21.68 Cr registered on 02 May 2018 with Charge ID 100176035 was modified on 30 Jul 2020.
Charges
A charge with Indian Bank amounted to Rs. 2.80 Cr with Charge ID 100357707 was registered on 20 Jun 2020.
Charges
A charge with Indian Bank amounted to Rs. 15.84 Cr with Charge ID 100359167 was registered on 20 Jun 2020.
20 earlier events are in the company report.
Frequently asked questions
Shrusti Ceramics is an active private limited company based in Himatnagar, Gujarat, India. The company works in sanitaryware and tile, within the manufacturing industry. It was incorporated on 14 May 2007 (19+ years old) and is registered under CIN U26933GJ2007PTC050813.
Shrusti Ceramics has 2 current directors:
- Dhulabhai Motibhai Patel - Director
- Chimanbhai Kalabhai Patel - Director
The latest financial statements of Shrusti Ceramics 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 Shrusti Ceramics is 24AANCS2579J1ZU, registered in Gujarat.
The CIN (Corporate Identification Number) of Shrusti Ceramics is U26933GJ2007PTC050813. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shrusti Ceramics has 3 court cases on record: 3 filed by the company.
Shrusti Ceramics was incorporated on 14 May 2007, making it 19+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Shrusti Ceramics by revenue are Victory Ceratech Private Limited, Kethos Tiles Private Limited, Nice and Natural Products Private Limited, all in the Manufacturing industry (Ceramics, Sanitaryware and Tiles), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities).
Chimanbhai Kalabhai Patel ceased to be Additional Director on 30 Sep 2019. Rameshbhai Chhaganbhai Patel ceased to be Director on 15 Mar 2019. Chimanbhai Kalabhai Patel was appointed as Director on 08 Oct 2018. Shrusti Ceramics has 4 board changes on record in total.
Yes, Shrusti Ceramics is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-21-0002935).
Shrusti Ceramics can be reached through the website shrusticeramics.com. Its registered office is in Himatnagar, Gujarat, India.