MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-32-0000692
Siyaram Vitrified Private Limited - manufacturing in Jambudiya, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹52.46 Cr
▼ 29% YoY
Net profit · FY 2025
₹65.64 Lakh
Net margin 1.3%
EBITDA · FY 2025
₹5.36 Cr
EBITDA margin 10.2%
Authorised capital
₹6.5 Cr
Registered with MCA
Paid-up capital
₹4.64 Cr
Issued & subscribed
Open charges
₹23.88 Cr
Satisfied ₹34.26 Cr
Company age
15 yrs
Est. 2011
Employees · EPFO
23
Provident fund records
About Siyaram Vitrified Private Limited
Data last updated:
Siyaram Vitrified Private Limited is a private limited company based in Jambudiya, Gujarat, India. It operates in the ceramics segment of the manufacturing sector. It was incorporated on 16 June 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U26933GJ2011PTC065932. Its GSTIN is 24AAPCS9229M1ZL (Gujarat).
The company has an authorised share capital of ₹6.5 Cr and a paid-up capital of ₹4.64 Cr. It is led by directors including Jayprakash Nathalal Bavarva and Chirag Manubhai Ujariya.
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 S. No.105/1P2 Opp. Intel Vitrified Nava Jambudiya Road Nh8A Tal. Morbi, Gujarat, India – 363642.
As per the financials filed for FY 2025, the company reported a revenue of ₹52.46 Cr, a decline of 29% compared to the previous year. For the same year it recorded a net profit of ₹65.64 Lakh (net margin 1.3%) and EBITDA of ₹5.36 Cr (EBITDA margin 10.2%). Revenue has declined at a compounded annual rate (CAGR) of 11% over three years and 1% over five years.
The company has about 23 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Siyaram Tiles. As per MCA filings, the company has open charges of ₹23.88 Cr and satisfied charges of ₹34.26 Cr on record. Court records list 8 cases involving the company, including 2 filed by the company and 6 filed against it; 1 case is pending.
Siyaram Vitrified Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-32-0000692). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website siyaramvitrified.com.
Company details
CIN U26933GJ2011PTC065932
Registration Number 065932
Incorporation Date 16 June 2011
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-32-0000692
Key People
Jayprakash Nathalal Bavarva Director Chirag Manubhai Ujariya Director Jayesh Thakarshibhai Varsda Director Recognitions & Rankings of Siyaram Vitrified
Contact details
Siyaram Vitrified Private Limited's registered office is in Jambudiya, Gujarat. Its website is siyaramvitrified.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressS. No.105/1P2 Opp. Intel Vitrified Nava Jambudiya Road Nh8A Tal. Morbi, Gujarat, India – 363642
- IndustryManufacturing, Ceramics, Sanitaryware & Tile
To see the full contact details of Siyaram Vitrified Private Limited, buy the company report.
Comprehensive company report
Siyaram 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Siyaram Vitrified operates one associated brand: Siyaram Tiles. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures and exports ceramic digital wall tiles and vitrified tile products. | siyaramgranito.com |
Business activity
The main business activity of Siyaram Vitrified 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 Siyaram Vitrified Private Limited, buy the company report.
Financials of Siyaram Vitrified Private Limited
FY 2024 filings availableSiyaram Vitrified Private Limited reported revenue of ₹52.46 Cr (down 29% YoY) for FY 2025.
Revenue · FY 2025
₹52.46 Cr ▼ 29%
Net profit · FY 2025
₹65.64 Lakh margin 1.3%
EBITDA · FY 2025
₹5.36 Cr margin 10.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 29%
3 years · compounded
▼ 11%
5 years · compounded
▼ 1%
EBITDA CAGR growth
1 year
▼ 17%
3 years · compounded
▼ 3%
5 years · compounded
▼ 2%
Revenue has declined at a compounded annual rate (CAGR) of 1% over five years, including a 29% fall in the latest year. EBITDA fell 17% 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 | ₹5.36 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹65.64 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 | 10.2% | ||||
| Net Profit Margin | 1.3% | ||||
| 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 Siyaram Vitrified Private Limited, buy the company report.
Board of directors of Siyaram Vitrified Private Limited
Siyaram Vitrified has 4 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 |
|---|---|---|---|---|
| Jayprakash Nathalal Bavarva Also directs: Morbi Ceramic Private Limited, Siyaram Granito Private Limited, Swat Ceramic Private Limited and 2 more | Director | 16 Jun 2011 | 15 Years 4 Months | Current |
| Chirag Manubhai Ujariya Also directs: Siyaram Granito Private Limited | Director | 16 Jun 2011 | 15 Years 4 Months | Current |
| Jayesh Thakarshibhai Varsda Also directs: Siyaram Granito Private Limited | Director | 16 Jun 2011 | 15 Years 4 Months | Current |
| Kushal Rameshbhai Kanjiya | Director | 16 Jun 2011 | 15 Years 4 Months | Current |
Peer comparison
Siyaram Vitrified Private Limited is compared with the 8 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 |
|---|---|---|---|---|---|---|
| Fateh Stones International Private Limited | ₹53.51 Cr (FY 2024) | 6.0% | Bangalore, Karnataka, India | |||
| Locero Ceramic Private Limited | ₹53.11 Cr (FY 2025) | -22.0% | Morbi, Gujarat, India | |||
| Radon India Private Limited | ₹52.46 Cr (FY 2024) | 5.0% | Delhi, India | |||
| Siyaram Vitrified Private Limitedthis company | ₹52.46 Cr (FY 2025) | ₹65.64 Lakh | 1.3% | -29.0% | 23 | Jambudiya, Gujarat, India |
| Astila Ceramic Private Limited | ₹51.98 Cr (FY 2025) | -13.0% | Rangpar, Gujarat, India | |||
| Alliance Vitrified Private Limited | ₹51.94 Cr (FY 2025) | -28.0% | Lalpar, Gujarat, India | |||
| Florex Ceramic Private Limited | ₹51.31 Cr (FY 2024) | 0.0% | Morbi, Gujarat, India | |||
| Nice Ceramic Private Limited | ₹51.16 Cr (FY 2025) | -13.0% | Morbi, Gujarat, India | |||
| Keda Ceramic Private Limited | ₹51.08 Cr (FY 2025) | 2.0% | Morbi, Gujarat, India |
To see the full peer comparison of Siyaram Vitrified Private Limited, buy the company report.
Auditor
Siyaram Vitrified Private Limited is audited by VSSK & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VSSK & CO. | FY 2023 | 142999W |
Shareholding
The shareholding of Siyaram 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 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 Siyaram Vitrified Private Limited, buy the company report.
Charges & borrowings
Open charges
₹23.88 Cr
Satisfied charges
₹34.26 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Dec 2018 | 100226732 | Others | ₹23.88 Cr | Open | |
| 13 Jul 2020 | 100356505 | Others | ₹1.31 Cr | Satisfied | |
| 01 Feb 2012 | 10332942 | Bank of Baroda | ₹32.95 Cr | Satisfied |
To see the full charge records of Siyaram Vitrified Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Siyaram Vitrified Private Limited has 8 court cases on record: 2 filed by Siyaram Vitrified, 6 filed against it. 1 case is pending and 7 are disposed.
Total cases
8
Filed by the company
2
Filed against the company
6
Pending
1
Disposed
7
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 6 | 1 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, MORBI, Gujarat | Civil suit | Filed by the company against Pushpak Logistic Pvt.Ltd. and 1 other | Pending |
| District court, RAJKOT, Gujarat | Court case (AGRMNT LC) | Filed against the company by an individual | Disposed |
| District court, RAJKOT, Gujarat | Court case (AGRMNT LC) | Filed against the company by an individual | Disposed |
| High Court of Gujarat | Special civil application | Filed by the company against State of Gujarat | Disposed |
| District court, RAJKOT, Gujarat | Court case (AGRMNT LC) | Filed against the company by an individual | Disposed |
To see the full case history of Siyaram 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.
MSME payment delays
Siyaram Vitrified Private Limited has 3 MSME Form 1 returns on record between 2014 and 2019, listing 206 overdue payments to 27 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 27)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Loren Carton | |||
| Virat Packaging | |||
| Dsa Mines and Minerals Private Limited | |||
| Laxmi Mineral Beawar | |||
| Sunil Enterprise |
To see the full MSME payment records of Siyaram Vitrified Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Siyaram Vitrified Private Limited has a workforce of 23 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
Employee count
23
Active EPFO establishments
1
Employee growth
-11.54%
GST
Siyaram Vitrified has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAPCS9229M1ZL | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Siyaram Vitrified Private Limited, buy the company report.
Recent activity
Siyaram Vitrified Private Limited has 6 board changes on record since 2011: 5 appointments and 1 cessation. The latest: Chetanbhai Laljibhai Kalariya ceased to be Director on 11 May 2020.
Charges
A charge with Others of Rs. 23.88 Cr registered on 29 Dec 2018 with Charge ID 100226732 was modified on 21 Mar 2025.
AGM
Siyaram Vitrified Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Siyaram Vitrified Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge registered on 13 Jul 2020 via Charge ID 100356505 with Others was fully satisfied on 05 Jul 2023.
Charges
A charge with Others of Rs. 1.31 Cr registered on 13 Jul 2020 with Charge ID 100356505 was modified on 03 Mar 2021.
Charges
A charge with Others amounted to Rs. 1.31 Cr with Charge ID 100356505 was registered on 13 Jul 2020.
Ceased
Chetanbhai Laljibhai Kalariya ceased to be Director.
Charges
A charge registered on 01 Feb 2012 via Charge ID 10332942 with Bank Of Baroda was fully satisfied on 07 Jan 2019.
Charges
A charge with Others amounted to Rs. 23.88 Cr with Charge ID 100226732 was registered on 29 Dec 2018.
Charges
A charge with Bank Of Baroda of Rs. 32.95 Cr registered on 01 Feb 2012 with Charge ID 10332942 was modified on 23 Jan 2014.
Charges
A charge with Bank Of Baroda amounted to Rs. 32.95 Cr with Charge ID 10332942 was registered on 01 Feb 2012.
Appointed
Chetanbhai Laljibhai Kalariya was appointed as Director.
5 earlier events are in the company report.
Frequently asked questions
Siyaram Vitrified is an active private limited company based in Jambudiya, Gujarat, India. The company works in ceramics, within the manufacturing industry. It was incorporated on 16 June 2011 (15+ years old) and is registered under CIN U26933GJ2011PTC065932.
Siyaram Vitrified has 4 current directors:
- Jayprakash Nathalal Bavarva - Director
- Chirag Manubhai Ujariya - Director
- Jayesh Thakarshibhai Varsda - Director
- Kushal Rameshbhai Kanjiya - Director
The latest financial statements of Siyaram 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 Siyaram Vitrified is 24AAPCS9229M1ZL, registered in Gujarat.
The CIN (Corporate Identification Number) of Siyaram Vitrified is U26933GJ2011PTC065932. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Siyaram Vitrified has 8 court cases on record: 2 filed by the company and 6 filed against it. 1 is pending. Most are in the district courts.
Siyaram Vitrified was incorporated on 16 June 2011, making it 15+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Siyaram Vitrified by revenue are Fateh Stones International Private Limited, Locero Ceramic Private Limited, Radon India Private Limited, Astila Ceramic Private Limited, Alliance Vitrified Private Limited and 3 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).
Chetanbhai Laljibhai Kalariya ceased to be Director on 11 May 2020. Chetanbhai Laljibhai Kalariya was appointed as Director on 16 Jun 2011. Chirag Manubhai Ujariya was appointed as Director on 16 Jun 2011. Siyaram Vitrified has 6 board changes on record in total.
Yes, Siyaram Vitrified is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-32-0000692).
Siyaram Vitrified has 3 MSME Form 1 returns on record between 2014 and 2019, listing 206 overdue payments to 27 micro and small suppliers. The latest return was filed on 23 May 2019.
Siyaram Vitrified can be reached through the website siyaramvitrified.com. Its registered office is in Jambudiya, Gujarat, India.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages