MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-GJ-32-0024395
Solostone Tiles Private Limited - manufacturing in Morbi, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹125.18 Cr
▼ 5% YoY
Net profit · FY 2025
₹35.46 Lakh
Net margin 0.3%
EBITDA · FY 2025
₹1.12 Cr
EBITDA margin 0.9%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Solostone Tiles Private Limited
Data last updated:
Solostone Tiles Private Limited is a private limited company based in Morbi, Gujarat, India. It operates in the ceramics, sanitaryware and tile segment of the manufacturing sector. It was incorporated on 05 December 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U26991GJ2019PTC111212. Its GSTIN is 24ABDCS0218F1ZV (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Tushar Manharbhai Patel and Ashvinkumar Chandulal Gami.
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 Morbi, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹125.18 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹35.46 Lakh (net margin 0.3%) and EBITDA of ₹1.12 Cr (EBITDA margin 0.9%). Revenue has grown at a compounded annual rate (CAGR) of 40% over three years.
The company is associated with 2 brands: Sologres Granito and Solostone Tiles.
Solostone Tiles Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-GJ-32-0024395). For more details, the company can be reached via its website sologresgranito.com.
Company details
CIN U26991GJ2019PTC111212
Registration Number 111212
Incorporation Date 05 December 2019
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
MSME Classification MSME
Udyam Registration UDYAM-GJ-32-0024395
Recognitions & Rankings of Solostone Tiles
Contact details
Solostone Tiles Private Limited's registered office is in Morbi, Gujarat. Its website is sologresgranito.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSurvey No. 107P C/O Sunora Ceramic Industries Nr. Asha Industries, National Highway 8 – A, Morbi, Gujarat, India – 363642
- IndustryManufacturing, Ceramics, Sanitaryware & Tile
To see the full contact details of Solostone Tiles Private Limited, buy the company report.
Comprehensive company report
Solostone Tiles 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
Solostone Tiles operates two associated brands: Sologres Granito and Solostone Tiles. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers a wide range of wall and floor tiles for various construction needs. | sologresgranito.com | |
| It serves as a 302 found. | solostone.in |
Business activity
The main business activity of Solostone Tiles 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 Solostone Tiles Private Limited, buy the company report.
Financials of Solostone Tiles Private Limited
FY 2025 filings availableSolostone Tiles Private Limited reported revenue of ₹125.18 Cr (down 5% YoY) for FY 2025.
Revenue · FY 2025
₹125.18 Cr ▼ 5%
Net profit · FY 2025
₹35.46 Lakh margin 0.3%
EBITDA · FY 2025
₹1.12 Cr margin 0.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 5%
3 years · compounded
▲ 40%
EBITDA CAGR growth
1 year
▼ 50%
3 years · compounded
▲ 12%
Revenue fell 5% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 40%. EBITDA fell 50% 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 | |||||
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| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.12 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹35.46 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 | |||||
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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 | 0.9% | ||||
| Net Profit Margin | 0.3% | ||||
| 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 Solostone Tiles Private Limited, buy the company report.
Board of directors of Solostone Tiles Private Limited
Solostone Tiles has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tushar Manharbhai Patel Also directs: Solorex Tiles LLP, Solostone Cera LLP | Director | 05 Dec 2019 | 6 Years 11 Months | Current |
| Ashvinkumar Chandulal Gami Also directs: Solorex Tiles LLP, Antonova Tiles (India) Private Limited | Director | 27 Jul 2020 | 6 Years 3 Months | Current |
Peer comparison
Solostone Tiles 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Range Ceramic Private Limited | ₹130.55 Cr (FY 2025) | -2.0% | Morbi, Gujarat, India | |||
| Mozart Vitrified Private Limited | ₹127.92 Cr (FY 2025) | -12.0% | Ratavirda, Gujarat, India | |||
| Solostone Tiles Private Limitedthis company | ₹125.18 Cr (FY 2025) | ₹35.46 Lakh | 0.3% | -5.0% | Morbi, Gujarat, India | |
| Solaris Ceramics Private Limited | ₹124.56 Cr (FY 2023) | -3.0% | ||||
| Vintage Tiles Private Limited | ₹124.17 Cr (FY 2025) | -17.0% | Morbi, Gujarat, India |
To see the full peer comparison of Solostone Tiles Private Limited, buy the company report.
Auditor
Solostone Tiles Private Limited is audited by A.M. FULETRA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A.M. FULETRA & ASSOCIATES | FY 2023 | 139863W |
Shareholding
The shareholding of Solostone Tiles Private Limited is on record for 4 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 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Solostone Tiles Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Solostone Tiles Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Solostone Tiles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Solostone Tiles has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24ABDCS0218F1ZV | Gujarat | Active | 05 Aug 2020 |
To see the full GST registrations and return filing status of Solostone Tiles Private Limited, buy the company report.
Recent activity
Solostone Tiles Private Limited has 4 board changes on record since 2019: 3 appointments and 1 cessation. The latest: Vikas Vimalkumar Navlakha ceased to be Director on 29 Jul 2020.
AGM
Solostone Tiles Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Solostone Tiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Vikas Vimalkumar Navlakha ceased to be Director.
Appointed
Ashvinkumar Chandulal Gami was appointed as Director.
Appointed
Tushar Manharbhai Patel was appointed as Director.
Appointed
Vikas Vimalkumar Navlakha was appointed as Director.
Incorporation
05 Dec 2019
Solostone Tiles Private Limited was registered on 05 Dec 2019 with Roc Ahmedabad & aged 6 years 11 months as per MCA records.
Frequently asked questions
Solostone Tiles is an active private limited company based in Morbi, Gujarat, India. The company works in ceramics, sanitaryware and tile, within the manufacturing industry. It was incorporated on 05 December 2019 (7+ years old) and is registered under CIN U26991GJ2019PTC111212.
Solostone Tiles has 2 current directors:
- Tushar Manharbhai Patel - Director
- Ashvinkumar Chandulal Gami - Director
The latest financial statements of Solostone Tiles 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 FY 2020 are in the company report.
The GSTIN of Solostone Tiles is 24ABDCS0218F1ZV, registered in Gujarat.
The CIN (Corporate Identification Number) of Solostone Tiles is U26991GJ2019PTC111212. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Solostone Tiles was incorporated on 05 December 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Solostone Tiles by revenue are Range Ceramic Private Limited, Mozart Vitrified Private Limited, Solaris Ceramics Private Limited, Vintage Tiles 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).
Vikas Vimalkumar Navlakha ceased to be Director on 29 Jul 2020. Ashvinkumar Chandulal Gami was appointed as Director on 27 Jul 2020. Tushar Manharbhai Patel was appointed as Director on 05 Dec 2019. Solostone Tiles has 4 board changes on record in total.
Yes, Solostone Tiles is registered as an MSME under Udyam registration (number: UDYAM-GJ-32-0024395).
Solostone Tiles can be reached through the website sologresgranito.com. Its registered office is in Morbi, Gujarat, India.
The registered office of Solostone Tiles is at Survey No. 107P CO Sunora Ceramic Industries Nr. Asha Industries, National Highway 8 – A, Morbi, Gujarat, India – 363642.
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