MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-32-0003160
Square Ceramic Private Limited - manufacturing in Morbi, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹6.03 Cr
▼ 77% YoY
Net loss · FY 2025
₹2.87 Cr
Net margin -47.6%
EBITDA · FY 2025
-₹1.82 Cr
EBITDA margin -30.3%
Authorised capital
₹3.75 Cr
Registered with MCA
Paid-up capital
₹3.6 Cr
Issued & subscribed
Open charges
₹8.32 Cr
Satisfied ₹8.32 Cr
Company age
24 yrs
Est. 2002
Directors on board
2
As per MCA filings
About Square Ceramic Private Limited
Data last updated:
Square Ceramic Private Limited is a private limited company based in Morbi, Gujarat, India. It operates in the sanitaryware and tile segment of the manufacturing sector. It was incorporated on 25 January 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U26914GJ2002PTC040393. Its GSTIN is 24AAFCS8324P1ZV (Gujarat).
The company has an authorised share capital of ₹3.75 Cr and a paid-up capital of ₹3.6 Cr. It is led by directors Chamanbhai Jivrajbhai Aghara and Arvindbhai Jivrajbhai Aghara.
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 Old Ghuntu Road Morbi, Gujarat, India – 363642.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.03 Cr, a decline of 77% compared to the previous year. For the same year it recorded a net loss of ₹2.87 Cr (net margin -47.6%) and EBITDA of -₹1.82 Cr (EBITDA margin -30.3%). Revenue has declined at a compounded annual rate (CAGR) of 43% over three years and 27% over five years.
As per MCA filings, the company has open charges of ₹8.32 Cr and satisfied charges of ₹8.32 Cr on record. Court records list 15 cases involving the company, including 12 filed by the company and 3 filed against it; 7 cases are pending.
Square Ceramic Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-32-0003160). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website casvagroup.com.
Company details
CIN U26914GJ2002PTC040393
Registration Number 040393
Incorporation Date 25 January 2002
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-32-0003160
Recognitions & Rankings of Square Ceramic
Contact details
Square Ceramic Private Limited's registered office is in Morbi, Gujarat. Its website is casvagroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressOld Ghuntu Road Morbi, Gujarat, India – 363642
- IndustryManufacturing, Sanitaryware & Tile, Ceramics
To see the full contact details of Square Ceramic Private Limited, buy the company report.
Comprehensive company report
Square Ceramic 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
Business activity
The main business activity of Square Ceramic 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 Square Ceramic Private Limited, buy the company report.
Financials of Square Ceramic Private Limited
FY 2025 filings availableSquare Ceramic Private Limited reported revenue of ₹6.03 Cr (down 77% YoY) for FY 2025.
Revenue · FY 2025
₹6.03 Cr ▼ 77%
Net loss · FY 2025
₹2.87 Cr margin -47.6%
EBITDA · FY 2025
-₹1.82 Cr margin -30.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 77%
3 years · compounded
▼ 43%
5 years · compounded
▼ 27%
EBITDA CAGR growth
1 year
▼ 204%
3 years · compounded
▼ 43%
5 years · compounded
▼ 23%
Revenue has declined at a compounded annual rate (CAGR) of 27% over five years, including a 77% fall in the latest year. EBITDA fell 204% 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 |
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| EBITDA | -₹1.82 Cr | ||||
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| Net Profit (PAT) | -₹2.87 Cr | ||||
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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 | -30.3% | ||||
| Net Profit Margin | -47.6% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Square Ceramic Private Limited, buy the company report.
Board of directors of Square Ceramic Private Limited
Square Ceramic has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chamanbhai Jivrajbhai Aghara Also directs: Casva Tiles Private Limited | Director | 11 Sep 2004 | 22 Years 1 Months | Current |
| Arvindbhai Jivrajbhai Aghara Also directs: Casva Tiles Private Limited | Director | 11 Sep 2004 | 22 Years 1 Months | Current |
Auditor
Square Ceramic Private Limited is audited by V N SITAPARA & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V N SITAPARA & ASSOCIATES | FY 2021 | 123575W |
Shareholding
The shareholding of Square Ceramic Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Square Ceramic Private Limited, buy the company report.
Charges & borrowings
Open charges
₹8.32 Cr
Satisfied charges
₹8.32 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Jul 2002 | 90099537 | State Bank of India | ₹8.32 Cr | Satisfied |
To see the full charge records of Square Ceramic Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Square Ceramic Private Limited has 15 court cases on record: 12 filed by Square Ceramic, 3 filed against it. 7 cases are pending and 8 are disposed.
Total cases
15
Filed by the company
12
Filed against the company
3
Pending
7
Disposed
8
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 1 | 7 |
| High courts | 3 | 2 | 0 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, MORBI, Gujarat | Commercial matter | Filed by the company against Macro Ceramic Pvt Ltd and 2 others | Pending |
| District court, MORBI, Gujarat | Commercial matter | Filed by the company against an individual | Pending |
| District court, MORBI, Gujarat | Commercial matter | Filed by the company against an individual | Pending |
| District court, MORBI, Gujarat | Commercial matter | Filed by the company against an individual | Pending |
| District court, MORBI, Gujarat | Commercial matter | Filed by the company against an individual | Pending |
To see the full case history of Square Ceramic 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
Square Ceramic Private Limited was last rated by Crisil on 19 Nov 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 19 Nov 2019 |
To see the full credit ratings and regulatory alerts of Square Ceramic Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Square Ceramic Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Square Ceramic has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCS8324P1ZV | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Square Ceramic Private Limited, buy the company report.
Recent activity
Square Ceramic Private Limited has 2 board changes on record since 2004: 2 appointments. The latest: Arvindbhai Jivrajbhai Aghara was appointed as Director on 11 Sep 2004.
AGM
Square Ceramic Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge registered on 02 Jul 2002 via Charge ID 90099537 with State Bank Of India was fully satisfied on 24 Sep 2025.
Filing
Square Ceramic Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with State Bank Of India of Rs. 8.32 Cr registered on 02 Jul 2002 with Charge ID 90099537 was modified on 24 Apr 2023.
Appointed
Arvindbhai Jivrajbhai Aghara was appointed as Director.
Appointed
Chamanbhai Jivrajbhai Aghara was appointed as Director.
Charges
A charge with State Bank Of India amounted to Rs. 8.32 Cr with Charge ID 90099537 was registered on 02 Jul 2002.
Incorporation
25 Jan 2002
Square Ceramic Private Limited was registered on 25 Jan 2002 with Roc Ahmedabad & aged 24 years 9 months as per MCA records.
Frequently asked questions
Square Ceramic is an active private limited company based in Morbi, Gujarat, India. The company works in sanitaryware and tile, within the manufacturing industry. It was incorporated on 25 January 2002 (24+ years old) and is registered under CIN U26914GJ2002PTC040393.
Square Ceramic has 2 current directors:
- Chamanbhai Jivrajbhai Aghara - Director
- Arvindbhai Jivrajbhai Aghara - Director
The latest financial statements of Square Ceramic 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 2015 are in the company report.
The GSTIN of Square Ceramic is 24AAFCS8324P1ZV, registered in Gujarat.
The CIN (Corporate Identification Number) of Square Ceramic is U26914GJ2002PTC040393. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Square Ceramic has 15 court cases on record: 12 filed by the company and 3 filed against it. 7 are pending. Most are in the district courts.
Square Ceramic was incorporated on 25 January 2002, making it 24+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Arvindbhai Jivrajbhai Aghara was appointed as Director on 11 Sep 2004. Chamanbhai Jivrajbhai Aghara was appointed as Director on 11 Sep 2004.
Yes, Square Ceramic is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-32-0003160).
Square Ceramic can be reached through the website casvagroup.com. Its registered office is in Morbi, Gujarat, India.