About Simpolo Vitrified Private Limited
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Simpolo Vitrified Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the ceramics segment of the manufacturing sector. It was incorporated on 18 September 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U26914GJ2007PTC051766. Its GSTIN is 24AALCS1872N1ZU (Gujarat). The company holds 5 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹27 Cr and a paid-up capital of ₹22.67 Cr. It was formerly known as Simpolo Vitrified Limited. It is led by directors including Jitendrabhai Thakarshibhai Aghara (Managing Director) and Deepak Mehrotra.
Its last annual general meeting (AGM) was held on 31 August 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹1,285.41 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹149.76 Cr (net margin 11.7%) and EBITDA of ₹312.83 Cr (EBITDA margin 24.3%). Revenue has grown at a compounded annual rate (CAGR) of 42% over three years and 23% over five years.
The company has about 533 employees on its provident fund (EPFO) records. Its group structure includes 3 subsidiaries.
The company is associated with 1 brand: Simpolo. As per MCA filings, the company has open charges of ₹264.44 Cr and satisfied charges of ₹959 Cr on record. Court records list 98 cases involving the company, including 82 filed by the company and 16 filed against it; 25 cases are pending. The company has 14 deals on record (11 secondary share transfers, 3 funding rounds), with disclosed funding of ₹968.54 Cr; the latest was in December 2024. Its 5 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 2 smaller; the largest is Kohler India Corporation Private Limited with revenue of ₹2,417.4 Cr. The company has 2 MSME Form 1 returns on record between 2019 and 2020, listing 112 overdue payments to 15 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 simpolo.net.
Company details
CIN history
Simpolo Vitrified has one previous CIN (Corporate Identification Number): U26914GJ2007PLC051766. The current CIN is U26914GJ2007PTC051766, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U26914GJ2007PTC051766 | Current |
| U26914GJ2007PLC051766 | Previous |
Contact details
Simpolo Vitrified Private Limited's registered office is in Ahmedabad, Gujarat. Its website is simpolo.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOffice No. 414 – 416, Times Square Grand Sindhu Bhavan Road, Ahmedabad, Gujarat, India – 380059
- IndustryManufacturing, Ceramics, Sanitaryware & Tile
To see the full contact details of Simpolo Vitrified Private Limited, buy the company report.
- 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
Brands
Simpolo Vitrified operates one associated brand: Simpolo. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Vitrified tiles and bathware products are manufactured for diverse applications. | simpolo.com |
Business activity
The main business activities of Simpolo 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 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 | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Simpolo Vitrified Private Limited, buy the company report.
Financials of Simpolo Vitrified Private Limited
FY 2026 filings availableSimpolo Vitrified Private Limited reported revenue of ₹1,285.41 Cr (up 18% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 23% over five years, including 18% growth in the latest year. EBITDA rose 68% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1,285.41 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹312.83 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹149.76 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 24.3% | ||||
| Net Profit Margin | 11.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| 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 Simpolo Vitrified Private Limited, buy the company report.
Board of directors of Simpolo Vitrified Private Limited
Simpolo Vitrified has 8 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deepak Mehrotra | Director | 08 Aug 2026 | 0 Years 2 Months | Current |
| Dileshkumar Gordhanbhai Patel Also directs: Simpolo International Private Limited | Director | 01 Jan 2011 | 15 Years 9 Months | Current |
| Dhirajlal Thobhanbhai Aghara Also directs: Simpolo International Private Limited, Simpolo Foundation, Sun Eye Solar Private Limited and 1 more | Director | 18 Sep 2007 | 19 Years 1 Months | Current |
| Bharatbhai Thakarshibhai Aghara Also directs: Florentina Realty LLP, Nexion International Private Limited, Nexion Surfaces Private Limited and 2 more | Director | 01 Jan 2011 | 15 Years 9 Months | Current |
| Ullal Manohar Bhat Also directs: Winmarg Instech Solutions Private Limited | Director | 01 Apr 2026 | 0 Years 6 Months | Current |
| Upma Goel Also directs: Agriwise Finserv Limited, Progfin Private Limited, Religare Finvest Limited and 1 more | Additional Director | 16 Sep 2026 | 0 Years 1 Months | Current |
Peer comparison
Simpolo Vitrified Private Limited is compared with the 5 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 |
|---|---|---|---|---|---|---|
| Kohler India Corporation Private Limited | ₹2,417.4 Cr (FY 2025) | 21.0% | New Delhi, Delhi, India | |||
| Hindware Limited | ₹2,207.2 Cr (FY 2025) | -7.0% | Kolkata, West Bengal, India | |||
| Cera Sanitaryware Limited | ₹1,986.67 Cr (FY 2025) | 2.0% | Mehsana, Gujarat, India | |||
| Asian Granito India Limited | ₹1,567.7 Cr (FY 2025) | 2.0% | Ahmedabad, Gujarat, India | |||
| Simpolo Vitrified Private Limitedthis company | ₹1,285.41 Cr (FY 2024) | ₹149.76 Cr | 11.7% | 18.0% | 533 | Ahmedabad, Gujarat, India |
| Classic Marble Company Private Limited | ₹923.58 Cr (FY 2025) | -1.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Simpolo Vitrified Private Limited, buy the company report.
Auditor
Simpolo Vitrified Private Limited is audited by S R B C & CO LLP for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S R B C & CO LLP | FY 2024 | ICAI Firm Registration Number: 324982E/E300003 |
Shareholding
The shareholding of Simpolo Vitrified Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Simpolo Vitrified Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Feb 2025 | 101051441 | Others | ₹90,000 | Open | |
| 22 Feb 2019 | 100246186 | Sbicap Trustee Company Limited | ₹264.43 Cr | Open | |
| 04 Apr 2025 | 101078661 | State Bank of India | ₹54 Cr | Satisfied | |
| 14 Feb 2025 | 101058509 | State Bank of India | ₹72 Cr | Satisfied | |
| 06 Dec 2024 | 101014488 | State Bank of India | ₹90 Cr | Satisfied |
To see the full charge records of Simpolo Vitrified Private Limited, buy the company report.
Total charge records: 14 View all charges
Deals & funding
Simpolo Vitrified Private Limited has 14 deals on record (11 secondary share transfers, 3 funding rounds), with disclosed funding of ₹968.54 Cr; the latest was in December 2024.
Deals on record (5 of 14)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2022 | Secondary share transfer | Undisclosed | Buyer: State Bank Of India, an individual Seller: Shree Ganesh Trading Co Pvt Ltd , Motilal Oswal Finvest Limited |
| Aug 2022 | Secondary share transfer | Undisclosed | Buyer: Motilal Oswal Finvest Limited , India SME Investments, Motilal Oswal Private Equity Seller: Shree Ganesh Trading Co Pvt Ltd |
| Aug 2022 | Funding round | ₹715.37 Cr | Investors: Motilal Oswal Private Equity, 3 individuals |
| Mar 2010 | Secondary share transfer | Undisclosed | Buyer: Shree Ganesh Trading Co Pvt Ltd , 3 individuals Seller: L7 Vintrade Private Limited , Devi Durga Vintrade Private Limited , Gokul Leasing and Finance Private Limited |
| Jul 2008 | Funding round | ₹14.92 Cr | Investors: L7 Vintrade Private Limited , 3 individuals |
To see the full deal history of Simpolo 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.
Legal cases
Simpolo Vitrified Private Limited has 98 court cases on record: 82 filed by Simpolo Vitrified, 16 filed against it. 25 cases are pending and 73 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 91 | 14 | 24 |
| High courts | 5 | 2 | 1 |
| NCLT | 2 | 0 | 0 |
Cases on record (5 of 98)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, MORBI, Gujarat | Criminal complaint | Filed by the company against Aqlu Ceramic LLP and 2 others | Pending |
| District court, MORBI, Gujarat | Criminal complaint | Filed by the company against Polysol Recyclo LLP and 2 others | Pending |
| District court, MORBI, Gujarat | Criminal complaint | Filed by the company against Unibera Construction Ltd. and 4 others | Pending |
| District court, MORBI, Gujarat | Criminal complaint | Filed by the company against M/S Bansavitri Solution Private Limited A Registered Company and 2 others | Disposed |
| District court, MORBI, Gujarat | Civil suit | Filed by the company against Marble Point Kolkata Pvt. Ltd. A Registered Pvt. Company and 1 other | Disposed |
To see the full case history of Simpolo Vitrified 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.
Credit ratings & regulatory alerts
Simpolo Vitrified Private Limited was last rated by Crisil on 13 Oct 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 13 Oct 2020 |
To see the full credit ratings and regulatory alerts of Simpolo Vitrified Private Limited, buy the company report.
MSME payment delays
Simpolo Vitrified Private Limited has 2 MSME Form 1 returns on record between 2019 and 2020, listing 112 overdue payments to 15 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 15)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Commander Ceramic Industries | |||
| Colorobbia Chemicals India Private Limited | |||
| Reddys Digital Private Limited | |||
| M/S B.B.C. Mines & Minerals | |||
| Maruti Hydraulic |
To see the full MSME payment records of Simpolo Vitrified Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Simpolo Vitrified has 3 subsidiary companies. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Simpolo International Private Limited | U23939GJ2023PTC141205 | |
| Nexion Surfaces Private Limited | U26990GJ2022PTC130486 | |
| Simpolo Foundation | U85310GJ2017NPL096498 |
To see the full group structure of Simpolo Vitrified Private Limited, buy the company report.
Employees & EPFO
Simpolo Vitrified Private Limited has a workforce of 533 employees on its EPFO records as of Aug 27, 2025, across 1 active EPFO establishment.
GST
Simpolo Vitrified has 5 GST registrations: 4 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AALCS1872N1ZU | Gujarat | Active | 01 Jul 2017 |
| 27AALCS1872N1ZO | Maharashtra | Active | 24 Dec 2019 |
| 32AALCS1872N1ZX | Kerala | Active | 24 Dec 2019 |
| 37AALCS1872N1ZN | Andhra Pradesh | Active | 08 Dec 2022 |
To see the full GST registrations and return filing status of Simpolo Vitrified Private Limited, buy the company report.
Recent activity
Simpolo Vitrified Private Limited has 18 board changes on record since 2007: 8 appointments and 10 cessations. The latest: Upma Goel was appointed as Additional Director on 16 Sep 2026.
38 earlier events are in the company report.
News
Frequently asked questions
Simpolo Vitrified is an active private limited company based in Ahmedabad, Gujarat, India. The company works in ceramics, within the manufacturing industry. It was incorporated on 18 September 2007 (19+ years old) and is registered under CIN U26914GJ2007PTC051766.
Simpolo Vitrified has 8 current directors:
- Jitendrabhai Thakarshibhai Aghara - Managing Director
- Deepak Mehrotra - Director
- Dileshkumar Gordhanbhai Patel - Director
- Dhirajlal Thobhanbhai Aghara - Director
- Bharatbhai Thakarshibhai Aghara - Director
- Ullal Manohar Bhat - Director
- Upma Goel - Additional Director
- Prakash Bagla - Director
The latest financial statements of Simpolo Vitrified on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 31 August 2026. Year-wise statements from 2015 are in the company report.
The GSTIN of Simpolo Vitrified is 24AALCS1872N1ZU, registered in Gujarat. The company has 5 GST registrations in all, of which 4 are active and 1 is cancelled or inactive. Other active GSTINs include 27AALCS1872N1ZO (Maharashtra), 32AALCS1872N1ZX (Kerala), 37AALCS1872N1ZN (Andhra Pradesh).
The CIN (Corporate Identification Number) of Simpolo Vitrified is U26914GJ2007PTC051766. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Simpolo Vitrified has 98 court cases on record: 82 filed by the company and 16 filed against it. 25 are pending. Most are in the district courts.
Simpolo Vitrified was incorporated on 18 September 2007, making it 19+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Simpolo Vitrified has 14 deals on record (11 secondary share transfers, 3 funding rounds), with disclosed funding of ₹968.54 Cr; the latest was in December 2024.
The peers of Simpolo Vitrified by revenue are Kohler India Corporation Private Limited, Hindware Limited, Cera Sanitaryware Limited, Asian Granito India Limited, Classic Marble Company 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).
Upma Goel was appointed as Additional Director on 16 Sep 2026. Deepak Mehrotra was appointed as Director on 08 Aug 2026. Ullal Manohar Bhat was appointed as Director on 01 Apr 2026. Simpolo Vitrified has 18 board changes on record in total.
Simpolo Vitrified has 2 MSME Form 1 returns on record between 2019 and 2020, listing 112 overdue payments to 15 micro and small suppliers. The latest return was filed on 08 Jan 2021.
Simpolo Vitrified can be reached through the website simpolo.net. Its registered office is in Ahmedabad, Gujarat, India.