Simero Vitrified Private Limited

Simero Vitrified Private Limited - manufacturing in Morbi, Gujarat, India. FY 2026 financials & compliance.
CIN U26933GJ2014PTC079830 Incorporated 18 June 2014 ROC Ahmedabad HQ Morbi, Gujarat, India
Active Private Limited Company manufacturing
Data last updated
Revenue · FY 2025
₹372.01 Cr
▲ 2% YoY
Net profit · FY 2025
₹14.32 Cr
Net margin 3.8%
EBITDA · FY 2025
₹46.05 Cr
EBITDA margin 12.4%
Authorised capital
₹27 Cr
Registered with MCA
Paid-up capital
₹27 Cr
Issued & subscribed
Open charges
₹135.25 Cr
Secured borrowings
Company age
12 yrs
Est. 2014
Employees · EPFO
18
Provident fund records

About Simero Vitrified Private Limited

Data last updated:

Simero Vitrified Private Limited is a private limited company based in Morbi, Gujarat, India. It operates in the ceramics segment of the manufacturing sector. It was incorporated on 18 June 2014 and has been in existence for over 12 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U26933GJ2014PTC079830. Its GSTIN is 24AAUCS7284B1Z0 (Gujarat). The company holds 2 GST registrations, all of them active.

The company has an authorised share capital of ₹27 Cr and a paid-up capital of ₹27 Cr. It was formerly known as Simero Granito Private Limited. It is led by directors including Pratik Rajeshbhai Kaneria and Nitinkumar Mohanlal Shiravi.

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 Survey No. 185P1 185P2 185P3 186P1 186P2 187P1 & 187P2 Morbi – Halvad Road At: Ni, Chi Mandal, Gujarat, India – 363642.

As per the financials filed for FY 2025, the company reported a revenue of ₹372.01 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹14.32 Cr (net margin 3.8%) and EBITDA of ₹46.05 Cr (EBITDA margin 12.4%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 12% over five years.

The company has about 18 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Simero. As per MCA filings, the company has open charges of ₹135.25 Cr on record. Court records list 223 cases involving the company, including 218 filed by the company and 5 filed against it; 135 cases are pending. The company has 7 deals on record (5 secondary share transfers, 2 rights issues); the latest was in February 2024. 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 Itaca Ceramic Private Limited with revenue of ₹449.8 Cr. The company has 2 MSME Form 1 returns on record between 2018 and 2019, listing 51 overdue payments to 51 micro and small suppliers.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website simero.in.

Company details

CIN U26933GJ2014PTC079830
Registration Number 079830
Incorporation Date 18 June 2014
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant

Contact details

Simero Vitrified Private Limited's registered office is in Morbi, Gujarat. Its website is simero.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
  • Social Media
  • Registered Address
    Survey No. 185P1 185P2 185P3 186P1 186P2 187P1 & 187P2 Morbi – Halvad Road At: Ni, Chi Mandal, Gujarat, India – 363642
  • Industry
    Manufacturing, Ceramics, Sanitaryware & Tile

To see the full contact details of Simero Vitrified Private Limited, buy the company report.

Comprehensive company report
Simero Vitrified 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

Simero Vitrified operates one associated brand: SIMERO. Each brand links to its own profile.

BrandDescriptionWebsite
Manufactures luxury vitrified tiles with unique diamond and gold accents for premium markets.simero.in

Business activity

The main business activities of Simero Vitrified are manufacturing and trade. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products and wholesale trading. 2 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC8Plastic products, non-metallic mineral products, rubber products, fabricated metal products
GTradeG1Wholesale Trading

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

Financials of Simero Vitrified Private Limited

FY 2024 filings available

Simero Vitrified Private Limited reported revenue of ₹372.01 Cr (up 2% YoY) for FY 2025.

Revenue · FY 2025
₹372.01 Cr ▲ 2%
Net profit · FY 2025
₹14.32 Cr margin 3.8%
EBITDA · FY 2025
₹46.05 Cr margin 12.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 2%
3 years · compounded
▲ 7%
5 years · compounded
▲ 12%
EBITDA CAGR growth
1 year
▼ 4%
3 years · compounded
▲ 4%
5 years · compounded
▲ 13%

Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 2% growth in the latest year. EBITDA fell 4% 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₹46.05 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹14.32 Cr
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 Margin12.4%
Net Profit Margin3.8%
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 Simero Vitrified Private Limited, buy the company report.

Board of directors of Simero Vitrified Private Limited

Simero Vitrified has 7 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Pratik Rajeshbhai KaneriaDirector28 Jul 201412 Years 2 MonthsCurrent
Nitinkumar Mohanlal ShiraviDirector18 Jun 201412 Years 4 MonthsCurrent
Dhirendra Ramniklal TannaDirector13 Sep 201412 Years 1 MonthsCurrent
Amitkumar Ramniklal TannaDirector28 Jul 201412 Years 2 MonthsCurrent
Rajnibhai Girdharbhai AdrojaDirector28 Jul 201412 Years 2 MonthsCurrent
Hansarajbhai Mohanbhai AdrojaDirector28 Jul 201412 Years 2 MonthsCurrent
Showing 6 of 7 current directors. View all directors

Peer comparison

Simero Vitrified 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
Itaca Ceramic Private Limited₹449.8 Cr (FY 2025)-10.0%Lalpar, Gujarat, India
Nexion Surfaces Private Limited₹423.4 Cr (FY 2024)22.0%Ahmedabad, Gujarat, India
Simero Vitrified Private Limitedthis company₹372.01 Cr (FY 2025)₹14.32 Cr3.8%2.0%18Morbi, Gujarat, India
Commander Vitrified Private Limited₹366.19 Cr (FY 2025)1.0%Sartanpar, Gujarat, India
Kajaria Vitrified Private Limited₹353.25 Cr (FY 2025)-3.0%Morbi, Gujarat, India

To see the full peer comparison of Simero Vitrified Private Limited, buy the company report.

Auditor

Simero Vitrified Private Limited is audited by PATEL SONI SHAH & CO. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
PATEL SONI SHAH & CO.FY 20230127904W

Shareholding

The shareholding of Simero Vitrified 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 Simero Vitrified Private Limited, buy the company report.

Charges & borrowings

Open charges
₹135.25 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹134.21 Cr
Hdfc Bank Limited₹1.04 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
07 Oct 2025101173097Others₹8.91 CrOpen
02 Aug 2025101133177Hdfc Bank Limited₹10 LakhOpen
08 Jul 2025101122455Others₹9.37 CrOpen
17 May 2025101098501Hdfc Bank Limited₹12.93 LakhOpen
25 Dec 2024101061763Others₹10 CrOpen

To see the full charge records of Simero Vitrified Private Limited, buy the company report.

Total charge records: 11 View all charges

Deals & funding

Simero Vitrified Private Limited has 7 deals on record (5 secondary share transfers, 2 rights issues); the latest was in February 2024.

Total deals
7
Secondary share transfers
5
Rights issues
2

Deals on record (5 of 7)

WhenDealAmountParties
Feb 2024Secondary share transferUndisclosedBuyer: 4 individuals
Seller: Ramniklal M Tanna HUF, 3 individuals
Feb 2023Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Jan 2021Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Oct 2020Secondary share transferUndisclosedBuyer: 4 individuals
Seller: an individual
Jun 2019Secondary share transferUndisclosedBuyer: an individual
Seller: an individual

To see the full deal history of Simero Vitrified Private Limited, buy the company report.

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

MSME payment delays

Simero Vitrified Private Limited has 2 MSME Form 1 returns on record between 2018 and 2019, listing 51 overdue payments to 51 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 51)

SupplierAmount dueDue sinceReported on
Nexa Minerals LLP
Deccan Sales & Service Private Limited
Milan Barcode Lables
Hitkari Packaging
Shivay Plastics

To see the full MSME payment records of Simero Vitrified Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Simero Vitrified Private Limited has a workforce of 18 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.

Employee count
18
Active EPFO establishments
1
Employee growth
-18.18%

GST

Simero Vitrified has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
24AAUCS7284B1Z0GujaratActive01 Jul 2017
27AAUCS7284B1ZUMaharashtraActive09 May 2025

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

Recent activity

Simero Vitrified Private Limited has 10 board changes on record since 2014: 7 appointments and 3 cessations. The latest: Alpesh Kantilal Tanna ceased to be Director on 19 Mar 2021.

Charges
A charge with Others of Rs. 50.19 Cr registered on 16 Jul 2015 with Charge ID 10586259 was modified on 18 Oct 2025.
Charges
A charge with Others amounted to Rs. 8.91 Cr with Charge ID 101173097 was registered on 07 Oct 2025.
Charges
A charge with Others of Rs. 50.19 Cr registered on 16 Jun 2015 with Charge ID 10584425 was modified on 30 Sep 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.10 Cr with Charge ID 101133177 was registered on 02 Aug 2025.
Charges
A charge with Others amounted to Rs. 9.37 Cr with Charge ID 101122455 was registered on 08 Jul 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.13 Cr with Charge ID 101098501 was registered on 17 May 2025.
Charges
A charge with Others of Rs. 10.00 Cr registered on 25 Dec 2024 with Charge ID 101061763 was modified on 21 Feb 2025.
Charges
A charge with Others amounted to Rs. 10.00 Cr with Charge ID 101061763 was registered on 25 Dec 2024.
AGM
Simero Vitrified Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Simero Vitrified Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.20 Cr with Charge ID 100805676 was registered on 21 Oct 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.26 Cr with Charge ID 100756765 was registered on 27 Jul 2023.

15 earlier events are in the company report.

Frequently asked questions

Simero Vitrified is an active private limited company based in Morbi, Gujarat, India. The company works in ceramics, within the manufacturing industry. It was incorporated on 18 June 2014 (12+ years old) and is registered under CIN U26933GJ2014PTC079830.

The latest financial statements of Simero Vitrified 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 2015 are in the company report.

The GSTIN of Simero Vitrified is 24AAUCS7284B1Z0, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AAUCS7284B1ZU (Maharashtra).

The CIN (Corporate Identification Number) of Simero Vitrified is U26933GJ2014PTC079830. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Simero Vitrified has 223 court cases on record: 218 filed by the company and 5 filed against it. 135 are pending. Most are in the district courts.

Simero Vitrified was incorporated on 18 June 2014, making it 12+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Simero Vitrified has 7 deals on record (5 secondary share transfers, 2 rights issues); the latest was in February 2024.

The peers of Simero Vitrified by revenue are Itaca Ceramic Private Limited, Nexion Surfaces Private Limited, Commander Vitrified Private Limited, Kajaria Vitrified 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 Kantilal Tanna ceased to be Director on 19 Mar 2021. Mohit Jagdishchandra Joshi ceased to be Director on 19 Mar 2021. Rushi Rajeshbhai Kaneriya ceased to be Director on 19 Mar 2021. Simero Vitrified has 10 board changes on record in total.

Simero Vitrified has 2 MSME Form 1 returns on record between 2018 and 2019, listing 51 overdue payments to 51 micro and small suppliers. The latest return was filed on 04 Oct 2019.

Simero Vitrified can be reached through the website simero.in. Its registered office is in Morbi, Gujarat, India.