Marmola Vitrified Private Limited

Marmola Vitrified Private Limited - manufacturing in Morbi, Gujarat, India. FY 2026 financials & compliance.
CIN U26933GJ2010PTC059914 Incorporated 18 March 2010 ROC Ahmedabad HQ Morbi, Gujarat, India
Active Private Limited Company manufacturing MSME · Medium
Data last updated
Revenue · FY 2025
₹77.09 Cr
▼ 10% YoY
Net profit · FY 2025
₹22.4 Lakh
Net margin 0.3%
EBITDA · FY 2025
₹4.93 Cr
EBITDA margin 6.4%
Authorised capital
₹5.95 Cr
Registered with MCA
Paid-up capital
₹5.34 Cr
Issued & subscribed
Open charges
₹21.5 Cr
Satisfied ₹81.97 Cr
Company age
16 yrs
Est. 2010
Employees · EPFO
15
Provident fund records

About Marmola Vitrified Private Limited

Data last updated:

Marmola 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 March 2010 and has been in existence for over 16 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U26933GJ2010PTC059914. Its GSTIN is 24AANCS9558D1ZY (Gujarat).

The company has an authorised share capital of ₹5.95 Cr and a paid-up capital of ₹5.34 Cr. It was formerly known as Simola Vitrified Private Limited and Simola Granito Private Limited. It is led by directors including Sumit Bharatbhai Ramani and Parthkumar Kamleshbhai Kunpara.

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 614 Old Ghutu Road At Ghutu, Morbi, Gujarat, India – 363642.

As per the financials filed for FY 2025, the company reported a revenue of ₹77.09 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net profit of ₹22.4 Lakh (net margin 0.3%) and EBITDA of ₹4.93 Cr (EBITDA margin 6.4%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years.

The company has about 15 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹21.5 Cr and satisfied charges of ₹81.97 Cr on record. Court records list 23 cases involving the company, including 9 filed by the company and 14 filed against it; 3 cases are pending. The company has 14 deals on record (11 secondary share transfers, 3 funding rounds), with disclosed funding of ₹11.99 Cr; the latest was in March 2024. Its 7 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, 3 larger and 4 smaller; the largest is Monier Roofing Private Limited with revenue of ₹79.3 Cr. The company has 3 MSME Form 1 returns on record between 2017 and 2019, listing 1,040 overdue payments to 69 micro and small suppliers.

Marmola Vitrified Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-32-0003874). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website simola.in.

Company details

CIN U26933GJ2010PTC059914
Registration Number 059914
Incorporation Date 18 March 2010
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
MSME Classification Medium
Udyam Registration UDYAM-GJ-32-0003874

Name history

Marmola Vitrified has undergone 2 name changes throughout its history. The company was previously known as Simola Vitrified Private Limited, and Simola Granito Private Limited. The current legal name is Marmola Vitrified Private Limited.

Company NameStatus
Marmola Vitrified Private LimitedCurrent
Simola Vitrified Private LimitedPrevious
Simola Granito Private LimitedPrevious
Key People
Sumit Bharatbhai Ramani Director Parthkumar Kamleshbhai Kunpara Director Pareshbhai Javerbhai Dhoriyani Director

Recognitions & Rankings of Marmola Vitrified

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-GJ-32-0003874

Contact details

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

  • Email
  • Telephone
  • Website
    simola.in
  • Social Media
  • Registered Address
    Survey No 614 Old Ghutu Road At Ghutu, Morbi, Gujarat, India – 363642
  • Industry
    Manufacturing, Ceramics, Sanitaryware & Tile

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

Comprehensive company report
Marmola 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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Business activity

The main business activity of Marmola Vitrified 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 Marmola Vitrified Private Limited, buy the company report.

Financials of Marmola Vitrified Private Limited

FY 2024 filings available

Marmola Vitrified Private Limited reported revenue of ₹77.09 Cr (down 10% YoY) for FY 2025.

Revenue · FY 2025
₹77.09 Cr ▼ 10%
Net profit · FY 2025
₹22.4 Lakh margin 0.3%
EBITDA · FY 2025
₹4.93 Cr margin 6.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 10%
3 years · compounded
▲ 5%
EBITDA CAGR growth
1 year
▲ 39%
3 years · compounded
▼ 3%
5 years · compounded
▼ 9%

Revenue fell 10% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA rose 39% 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₹4.93 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹22.4 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 Margin6.4%
Net Profit Margin0.3%
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 Marmola Vitrified Private Limited, buy the company report.

Board of directors of Marmola Vitrified Private Limited

Marmola Vitrified has 3 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Sumit Bharatbhai Ramani
Also directs: Marmola International LLP
Director18 Mar 20215 Years 7 MonthsCurrent
Parthkumar Kamleshbhai Kunpara
Also directs: Marmola International LLP
Director18 Mar 20215 Years 7 MonthsCurrent
Pareshbhai Javerbhai Dhoriyani
Also directs: Marmola International LLP
Director15 Sep 201016 Years 1 MonthsCurrent
View all directors

Peer comparison

Marmola Vitrified Private Limited is compared with the 7 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
Monier Roofing Private Limited₹79.3 Cr (FY 2025)7.0%Kozhikode, Kerala, India
Elica Vitrified Private Limited₹77.87 Cr (FY 2024)6.0%Ghuntu, Gujarat, India
Stone Exporters (India) Private Limited₹77.84 Cr (FY 2023)-48.0%Hyderabad, Telangana, India
Marmola Vitrified Private Limitedthis company₹77.09 Cr (FY 2025)₹22.4 Lakh0.3%-10.0%15Morbi, Gujarat, India
Adoration Ceramica Private Limited₹76.93 Cr (FY 2025)-29.0%Morbi, Gujarat, India
Qutone Tiles Private Limited₹76.42 Cr (FY 2017)895.0%Wankaner, Gujarat, India
Millennia Tiles Private Limited₹75.77 Cr (FY 2025)-7.0%Morbi, Gujarat, India
Sega Ceramics Private Limited₹75.7 Cr (FY 2025)0.0%Dhuva, Gujarat, India

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

Auditor

Marmola Vitrified Private Limited is audited by H P Desai & Co. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
H P Desai & Co.FY 2023138599W

Shareholding

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

Charges & borrowings

Open charges
₹21.5 Cr
Satisfied charges
₹81.97 Cr
Breakdown by lending institutions
Others₹21.50 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
03 May 2025101090258Others₹4.5 CrOpen
11 Nov 2024101001979Others₹8.5 CrOpen
11 Nov 2024101001980Others₹8.5 CrOpen
04 Jan 2024100848272Others₹14.4 CrSatisfied
13 Jun 2017100109031Axis Bank Limited₹24.92 CrSatisfied

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

Total charge records: 7 View all charges

Deals & funding

Marmola Vitrified Private Limited has 14 deals on record (11 secondary share transfers, 3 funding rounds), with disclosed funding of ₹11.99 Cr; the latest was in March 2024.

Total deals
14
Secondary share transfers
11
Funding rounds
3
Disclosed funding
₹11.99 Cr

Deals on record (5 of 14)

WhenDealAmountParties
Mar 2024Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Jan 2024Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Apr 2023Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Apr 2023Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Apr 2023Secondary share transferUndisclosedBuyer: an individual
Seller: 4 individuals

To see the full deal history of Marmola 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.

Credit ratings & regulatory alerts

Marmola Vitrified Private Limited was last rated by Icra on 18 Feb 2022.

Rating agencyRated onRating
Icra18 Feb 2022

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

MSME payment delays

Marmola Vitrified Private Limited has 3 MSME Form 1 returns on record between 2017 and 2019, listing 1,040 overdue payments to 69 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 69)

SupplierAmount dueDue sinceReported on
Signify Ceramic
an individual supplier
an individual supplier
Aai Krupa Logistics
an individual supplier

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

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Marmola Vitrified Private Limited has a workforce of 15 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.

Employee count
15
Active EPFO establishments
1

GST

Marmola Vitrified has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AANCS9558D1ZYGujaratActive01 Jul 2017

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

Recent activity

Marmola Vitrified Private Limited has 27 board changes on record since 2010: 15 appointments and 12 cessations. The latest: Bhavnaben Harshadkumar Vidja ceased to be Director on 29 Apr 2023.

Charges
A charge with Others amounted to Rs. 4.50 Cr with Charge ID 101090258 was registered on 03 May 2025.
Charges
A charge with Others of Rs. 8.50 Cr registered on 11 Nov 2024 with Charge ID 101001979 was modified on 03 May 2025.
Charges
A charge with Others of Rs. 8.50 Cr registered on 11 Nov 2024 with Charge ID 101001980 was modified on 03 May 2025.
Charges
A charge registered on 04 Jan 2024 via Charge ID 100848272 with Others was fully satisfied on 21 Mar 2025.
Charges
A charge with Others amounted to Rs. 8.50 Cr with Charge ID 101001979 was registered on 11 Nov 2024.
Charges
A charge with Others amounted to Rs. 8.50 Cr with Charge ID 101001980 was registered on 11 Nov 2024.
AGM
Marmola Vitrified Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Marmola Vitrified Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge with Others amounted to Rs. 14.40 Cr with Charge ID 100848272 was registered on 04 Jan 2024.
Charges
A charge registered on 13 Jun 2017 via Charge ID 100109031 with Axis Bank Limited was fully satisfied on 01 Jan 2024.
Ceased
Bhavnaben Harshadkumar Vidja ceased to be Director.
Ceased
Harishkumar Naranbhai Shirvi ceased to be Director.

33 earlier events are in the company report.

Frequently asked questions

Marmola 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 March 2010 (16+ years old) and is registered under CIN U26933GJ2010PTC059914.

Marmola Vitrified has 3 current directors:

The latest financial statements of Marmola 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 Marmola Vitrified is 24AANCS9558D1ZY, registered in Gujarat.

The CIN (Corporate Identification Number) of Marmola Vitrified is U26933GJ2010PTC059914. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Marmola Vitrified has 23 court cases on record: 9 filed by the company and 14 filed against it. 3 are pending. Most are in the district courts.

Marmola Vitrified was incorporated on 18 March 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Marmola Vitrified has 14 deals on record (11 secondary share transfers, 3 funding rounds), with disclosed funding of ₹11.99 Cr; the latest was in March 2024.

The peers of Marmola Vitrified by revenue are Monier Roofing Private Limited, Elica Vitrified Private Limited, Stone Exporters (India) Private Limited, Adoration Ceramica Private Limited, Qutone Tiles Private Limited and 2 more, 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).

Bhavnaben Harshadkumar Vidja ceased to be Director on 29 Apr 2023. Harishkumar Naranbhai Shirvi ceased to be Director on 31 Mar 2022. Kamalshil Harishbhai Shirvi ceased to be Director on 31 Mar 2022. Marmola Vitrified has 27 board changes on record in total.

Yes, Marmola Vitrified is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-32-0003874).

Marmola Vitrified has 3 MSME Form 1 returns on record between 2017 and 2019, listing 1,040 overdue payments to 69 micro and small suppliers. The latest return was filed on 14 Sep 2019.