Spolo Ceramic Private Limited

Spolo Ceramic Private Limited - manufacturing in Wankaner, Gujarat, India. FY 2026 financials & compliance.
CIN U26999GJ2016PTC092008 Incorporated 14 May 2016 ROC Ahmedabad HQ Wankaner, Gujarat, India
Active Private Limited Company manufacturing
Data last updated
Revenue · FY 2023
₹235.38 Cr
▲ 24% YoY
Net profit · FY 2023
₹2.55 Cr
Net margin 1.1%
EBITDA · FY 2023
₹9.59 Cr
EBITDA margin 4.1%
Authorised capital
₹8.25 Cr
Registered with MCA
Paid-up capital
₹8.25 Cr
Issued & subscribed
Open charges
₹64.98 Cr
Satisfied ₹24 Cr
Company age
10 yrs
Est. 2016
Employees · EPFO
13
Provident fund records

About Spolo Ceramic Private Limited

Data last updated:

Spolo Ceramic Private Limited is a private limited company based in Wankaner, Gujarat, India. It operates in the ceramics, sanitaryware and tile segment of the manufacturing sector. It was incorporated on 14 May 2016 and has been in existence for over 10 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U26999GJ2016PTC092008. Its GSTIN is 24AAXCS0845B1ZC (Gujarat).

The company has an authorised share capital of ₹8.25 Cr and a paid-up capital of ₹8.25 Cr. It is led by directors including Amitbhai Ramniklal Detharia and Ravikumar Govindbhai Patel.

Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at S. No : – 203/P1 204 8 – A National Highway Matel Road Near Amardham, Wankaner, Gujarat, India – 363621.

As per the financials filed for FY 2023, the company reported a revenue of ₹235.38 Cr, a growth of 24% compared to the previous year. For the same year it recorded a net profit of ₹2.55 Cr (net margin 1.1%) and EBITDA of ₹9.59 Cr (EBITDA margin 4.1%). Revenue has grown at a compounded annual rate (CAGR) of 32% over three years and 33% over five years.

The company has about 13 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Soncera. As per MCA filings, the company has open charges of ₹64.98 Cr and satisfied charges of ₹24 Cr on record. Court records list 17 cases involving the company, including 15 filed by the company and 2 filed against it; 8 cases are pending. The company has 5 deals on record (4 secondary share transfers, 1 rights issue); the latest was in March 2022. Its 10 peer companies in the Manufacturing industry (Ceramics, Sanitaryware and Tiles) are compared by revenue, 5 larger and 5 smaller; the largest is Sparten Granito Private Limited with revenue of ₹245.04 Cr.

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

Company Details of Spolo Ceramic Private Limited
CIN U26999GJ2016PTC092008
Registration Number 092008
Incorporation Date 14 May 2016
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
    Locked
  • Registered Address
    S. No : – 203/P1 204 8 – A National Highway Matel Road Near Amardham, Wankaner, Gujarat, India – 363621
  • Industry
    Manufacturing, Ceramics, Sanitaryware & Tile
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Financials, compliance, directors, charges, ownership and filings for Spolo Ceramic Private Limited in one report.

Financials from FY 2017 Directors & ownership Charges & compliance

Business Activity of Spolo Ceramic Private Limited

The main business activity of Spolo Ceramic is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
CManufacturingC8Plastic products, non-metallic mineral products, rubber products, fabricated metal productsLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

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Financials of Spolo Ceramic Private Limited FY 2023 filings available

Spolo Ceramic Private Limited reported revenue of ₹235.38 Cr (up 24% YoY) for FY 2023.

Revenue · FY 2023
₹235.38 Cr ▲ 24%
Net profit · FY 2023
₹2.55 Cr margin 1.1%
EBITDA · FY 2023
₹9.59 Cr margin 4.1%

Compounded Annual Growth Rate (CAGR) of Spolo Ceramic Private Limited

Revenue CAGR growth
1 year
▲ 24%
3 years · compounded
▲ 32%
5 years · compounded
▲ 33%
EBITDA CAGR growth
1 year
▲ 36%
3 years · compounded
▲ 15%
5 years · compounded
▲ 6%

Revenue has grown at a compounded annual rate (CAGR) of 33% over five years, including 24% growth in the latest year. EBITDA rose 36% 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 of Spolo Ceramic Private Limited

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations••••••••••••••••••••
Other Income••••••••••••••••••••
Total Revenue₹235.38 Cr••••••••••••••••
Cost of Materials Consumed••••••••••••••••••••
Employee Benefit Expense••••••••••••••••••••
Finance Costs••••••••••••••••••••
Depreciation and Amortisation••••••••••••••••••••
Other Expenses••••••••••••••••••••
Total Expenses••••••••••••••••••••
EBITDA₹9.59 Cr••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹2.55 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 of Spolo Ceramic Private Limited

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin4.1%••••••••••••••••
Net Profit Margin1.1%••••••••••••••••
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••••••••••••••••••••

Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Spolo Ceramic are in the company report.

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Financial statements from FY 2017

Earlier years and trend charts are in the company report.

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Peer Comparison of Spolo Ceramic Private Limited

Spolo Ceramic Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Ceramics, Sanitaryware and Tiles). Its own revenue is ₹235.38 Cr.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Sparten Granito Private Limited₹245.04 Cr••••••••••••13Jivapar, Gujarat, India
Bluezone Vitrified Private Limited₹244.84 Cr••••••••••••-Morbi, Gujarat, India
Sims Ceramic Private Limited₹242.67 Cr••••••••••••-Ghuntu, Gujarat, India
Kajaria Infinity Private Limited₹240.97 Cr••••••••••••-Ghuntu, Gujarat, India
Emcer Tiles Private Limited₹240.62 Cr••••••••••••36Sartanpar, Gujarat, India
Spolo Ceramic Private Limited this company₹235.38 Cr••••••••••••-Wankaner, Gujarat, India
Aajveto Manufacturing Private Limited₹233.77 Cr••••••••••••16Lakhdhirnagar, Gujarat, India
Sudha Somany Ceramics Private Limited₹231.24 Cr••••••••••••-Peddapuram, Andhra Pradesh, India
Ronak Rocks Private Limited₹230.1 Cr••••••••••••53Baroda, Gujarat, India
Maps Granito Private Limited₹228.97 Cr••••••••••••15Morbi, Gujarat, India
Aravind Ceramic Industries Limited₹228.78 Cr••••••••••••-Chennai, Tamil Nadu, India

Peers are the five companies nearest above and the five nearest below Spolo Ceramic by revenue in the Manufacturing industry (Ceramics, Sanitaryware and Tiles), from the latest filed financials of each company. Net profit, margin and growth of each peer are in the company report.

Auditor Details of Spolo Ceramic Private Limited

Spolo Ceramic Private Limited is audited by TUSHAR KUMAR & ASSOCIATES for the financial year 2023.

NameStatusAppointment DateCessation Date
TUSHAR KUMAR & ASSOCIATESLockedLockedLocked
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Board of Directors of Spolo Ceramic Private Limited

Spolo Ceramic has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Amitbhai Ramniklal DethariaDirector14 May 201610 Years 4 MonthsCurrent
Ravikumar Govindbhai PatelDirector04 Jul 20224 Years 3 MonthsCurrent
Mayurkumar Mahendrabhai PrajapatiDirector17 Aug 20233 Years 1 MonthsCurrent

Ownership and Shareholding of Spolo Ceramic Private Limited

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Charges & Borrowings of Spolo Ceramic Private Limited

Open charges
₹64.98 Cr
Satisfied charges
₹24 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹54.98 Cr
Others₹10.00 Cr
Latest charge details
DateLenderAmountStatus
29 Aug 2025Others₹10 CrOpen
19 Jun 2018Hdfc Bank Limited₹54.98 CrOpen
02 Sep 2016State Bank of India₹24 CrSatisfied

Total charge records: 3 View all charges

Deals & Funding of Spolo Ceramic Private Limited

Spolo Ceramic Private Limited has 5 deals on record (4 secondary share transfers, 1 rights issue); the latest was in March 2022.

Total deals
5
Secondary share transfers
4
Rights issue
1

Deals on record (5 of 5)

WhenDealAmountParties
Mar 2022Secondary share transferUndisclosedBuyer: 2 individuals
Seller: 4 individuals
Jan 2018Secondary share transferUndisclosedBuyer: 3 individuals
Seller: 3 individuals
Jan 2018Secondary share transferUndisclosedBuyer: 3 individuals
Seller: 3 individuals
Jan 2017Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Aug 2016Rights issue₹8.24 CrInvestors: 4 individuals
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Full deal history

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

Associated Brands with Spolo Ceramic Private Limited

Spolo Ceramic operates one associated brand: Soncera. Each brand links to its own profile.

BrandDescriptionWebsite
Manufactures and exports high-quality sanitaryware products and tiles worldwide.soncera.com

Employees and EPFO Compliance at Spolo Ceramic Private Limited

Spolo Ceramic Private Limited has a workforce of 13 employees as of Apr 08, 2024.

Employee count
13
Active EPFO establishments
1
Employee growth
-7.14%
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Spolo Ceramic Private Limited

Spolo Ceramic Private Limited has 7 board changes on record since 2016: 5 appointments and 2 cessations. The latest: Keshavbhai Harkhabhai Desai ceased to be Director on 17 Aug 2023.

Charges
A charge with Others amounted to Rs. 10.00 Cr with Charge ID 101152078 was registered on 29 Aug 2025.
Charges
A charge with Hdfc Bank Limited of Rs. 54.98 Cr registered on 19 Jun 2018 with Charge ID 100184957 was modified on 16 Aug 2024.
AGM
Spolo Ceramic Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Ceased
Keshavbhai Harkhabhai Desai ceased to be Director.
Appointed
Mayurkumar Mahendrabhai Prajapati was appointed as Director.
Filing
Spolo Ceramic Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.
Ceased
Prafulbhai Karamshibhai Detroja ceased to be Director.
Appointed
Ravikumar Govindbhai Patel was appointed as Director.
Charges
A charge registered on 02 Sep 2016 via Charge ID 100051911 with State Bank Of India was fully satisfied on 20 Sep 2018.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 54.98 Cr with Charge ID 100184957 was registered on 19 Jun 2018.
Charges
A charge with State Bank Of India of Rs. 24.00 Cr registered on 02 Sep 2016 with Charge ID 100051911 was modified on 22 Sep 2017.
Appointed
Keshavbhai Harkhabhai Desai was appointed as Director.

4 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Spolo Ceramic Private Limited

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MSME Payment Delays by Spolo Ceramic Private Limited

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Subsidiaries & Group Companies of Spolo Ceramic Private Limited

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GST Compliance of Spolo Ceramic Private Limited

Spolo Ceramic has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAXCS0845B1ZCGujaratActive01 Jul 2017
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State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of Spolo Ceramic Private Limited

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Frequently Asked Questions about Spolo Ceramic Private Limited

Spolo Ceramic is an active private limited company based in Wankaner, Gujarat, India. The company works in ceramics, sanitaryware and tile, within the manufacturing industry. It was incorporated on 14 May 2016 (10+ years old) and is registered under CIN U26999GJ2016PTC092008.

Spolo Ceramic reported revenue of ₹235.38 Cr for FY 2023 (up 24% YoY).

Spolo Ceramic has 3 current directors:

Spolo Ceramic reported a net profit of ₹2.55 Cr (net margin 1.1%) and EBITDA of ₹9.59 Cr (EBITDA margin 4.1%) for FY 2023, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Spolo Ceramic is 32% over three years and 33% over five years. In the latest year (FY 2023) revenue rose 24%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Spolo Ceramic is 24AAXCS0845B1ZC, registered in Gujarat.

The CIN (Corporate Identification Number) of Spolo Ceramic is U26999GJ2016PTC092008. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Spolo Ceramic has 17 court cases on record: 15 filed by the company and 2 filed against it. 8 are pending.

Spolo Ceramic was incorporated on 14 May 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Spolo Ceramic has 5 deals on record (4 secondary share transfers, 1 rights issue); the latest was in March 2022.

The peers of Spolo Ceramic by revenue are Sparten Granito Private Limited, Bluezone Vitrified Private Limited, Sims Ceramic Private Limited, Kajaria Infinity Private Limited, Emcer Tiles Private Limited and 5 more, all in the Manufacturing industry (Ceramics, Sanitaryware and Tiles).

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