- Category
- Medium (2023-24)
- Udyam number
- UDYAM-GJ-32-0000597

About Stefina Vitrified Private Limited
Data last updated:
Stefina Vitrified Private Limited is a private limited company based in Matel, Gujarat, India. It operates in the sanitaryware and tile segment of the manufacturing sector. It was incorporated on 07 January 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U26933GJ2016PTC085660. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹15.25 Cr and a paid-up capital of ₹15 Cr. It is led by directors including Rajeshbhai Shivlal Vilpara and Manojbhai Karshanbhai Vilpara.
Its last annual general meeting (AGM) was held on 29 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Sr. No. 55/56 Dhuva – Matel Road Tal. Wankaner Dist. Morbi, Gujarat, India – 363622.
As per the financials filed for FY 2020, the company reported a revenue of ₹26.29 Cr, a decline of 32% compared to the previous year. For the same year it recorded a net loss of ₹20.47 Cr (net margin -77.9%) and EBITDA of -₹14.15 Cr (EBITDA margin -53.8%). Revenue has grown at a compounded annual rate (CAGR) of 270% over three years.
The company has about 25 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹36 Cr on record. Court records list 27 cases involving the company, including 6 filed by the company and 21 filed against it; 15 cases are pending.
Stefina Vitrified Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-32-0000597). The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website stefinaceramic.com.
Company details
Recognitions & Rankings of Stefina Vitrified
Contact details
Stefina Vitrified Private Limited's registered office is in Matel, Gujarat. Its website is stefinaceramic.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSr. No. 55/56 Dhuva – Matel Road Tal. Wankaner Dist. Morbi, Gujarat, India – 363622
- IndustryManufacturing, Sanitaryware & Tile, Ceramics
To see the full contact details of Stefina 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
Business activity
The main business activity of Stefina 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 Stefina Vitrified Private Limited, buy the company report.
Financials of Stefina Vitrified Private Limited
FY 2020 filings availableStefina Vitrified Private Limited reported revenue of ₹26.29 Cr (down 32% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue fell 32% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 270%. EBITDA fell 318% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹26.29 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | -₹14.15 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹20.47 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -53.8% | ||||
| Net Profit Margin | -77.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Stefina Vitrified Private Limited, buy the company report.
Board of directors of Stefina Vitrified Private Limited
Stefina Vitrified has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajeshbhai Shivlal Vilpara Also directs: Stefina Ceramic Private Limited | Director | 07 Jan 2016 | 10 Years 10 Months | Current |
| Manojbhai Karshanbhai Vilpara Also directs: Stefina Ceramic Private Limited | Director | 07 Jan 2016 | 10 Years 10 Months | Current |
| Hitesh Ramjibhai Vilpara Also directs: Stefina Ceramic Private Limited | Director | 07 Jan 2016 | 10 Years 10 Months | Current |
Peer comparison
Stefina Vitrified Private Limited is compared with the 6 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 |
|---|---|---|---|---|---|---|
| Rajasthan Digital Tiles Private Limited | ₹26.6 Cr (FY 2025) | -29.0% | Sri Madhopur, Rajasthan, India | |||
| Stefina Vitrified Private Limitedthis company | ₹26.29 Cr (FY 2020) | -₹20.47 Cr | -77.9% | -32.0% | 25 | Matel, Gujarat, India |
| Eurosys Spa Private Limited | ₹26.26 Cr (FY 2023) | 11.0% | Morbi, Gujarat, India | |||
| Shallow Ceramic Private Limited | ₹25.94 Cr (FY 2025) | -16.0% | Rangpar, Gujarat, India | |||
| Superking Abrasives Private Limited | ₹25.91 Cr (FY 2024) | 16.0% | Morbi, Gujarat, India | |||
| Tita Sanitarywares Private Limited | ₹25.87 Cr (FY 2025) | 13.0% | Morbi, Gujarat, India | |||
| Sunraj Ceramic Private Limited | ₹25.81 Cr (FY 2025) | 26.0% | Lakaddhar, Gujarat, India |
To see the full peer comparison of Stefina Vitrified Private Limited, buy the company report.
Auditor
Stefina Vitrified Private Limited is audited by S K MEHTA & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S K MEHTA & ASSOCIATES | FY 2020 | 129969W |
Shareholding
The shareholding of Stefina Vitrified Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Stefina Vitrified Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Oct 2016 | 100054747 | Others | ₹36 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Stefina Vitrified Private Limited has 27 court cases on record: 6 filed by Stefina Vitrified, 21 filed against it. 15 cases are pending and 12 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 24 | 20 | 14 |
| High courts | 2 | 0 | 1 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 27)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, MORBI, Gujarat | Criminal complaint | Filed against the company by an individual | Pending |
| District court, MORBI, Gujarat | Criminal complaint | Filed against the company by an individual | Pending |
| District court, MORBI, Gujarat | Criminal complaint | Filed against the company by an individual | Pending |
| District court, MORBI, Gujarat | Criminal complaint | Filed against the company by an individual | Pending |
| District court, MORBI, Gujarat | Criminal complaint | Filed against the company by an individual | Pending |
To see the full case history of Stefina 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
Stefina Vitrified Private Limited was last rated by Care on 05 Jan 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 05 Jan 2022 |
To see the full credit ratings and regulatory alerts of Stefina Vitrified Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Stefina Vitrified Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Stefina Vitrified Private Limited has a workforce of 25 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
GST
Stefina Vitrified has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Stefina Vitrified Private Limited, buy the company report.
Recent activity
Stefina Vitrified Private Limited has 3 board changes on record since 2016: 3 appointments. The latest: Hitesh Ramjibhai Vilpara was appointed as Director on 07 Jan 2016.
Frequently asked questions
Stefina Vitrified is an active private limited company based in Matel, Gujarat, India. The company works in sanitaryware and tile, within the manufacturing industry. It was incorporated on 07 January 2016 (10+ years old) and is registered under CIN U26933GJ2016PTC085660.
Stefina Vitrified has 3 current directors:
- Rajeshbhai Shivlal Vilpara - Director
- Manojbhai Karshanbhai Vilpara - Director
- Hitesh Ramjibhai Vilpara - Director
The latest financial statements of Stefina Vitrified on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 29 December 2020. Year-wise statements from FY 2016 are in the company report.
No. Stefina Vitrified has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Stefina Vitrified is U26933GJ2016PTC085660. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Stefina Vitrified has 27 court cases on record: 6 filed by the company and 21 filed against it. 15 are pending. Most are in the district courts.
Stefina Vitrified was incorporated on 07 January 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Stefina Vitrified by revenue are Rajasthan Digital Tiles Private Limited, Eurosys Spa Private Limited, Shallow Ceramic Private Limited, Superking Abrasives Private Limited, Tita Sanitarywares Private Limited and 1 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).
Hitesh Ramjibhai Vilpara was appointed as Director on 07 Jan 2016. Manojbhai Karshanbhai Vilpara was appointed as Director on 07 Jan 2016. Rajeshbhai Shivlal Vilpara was appointed as Director on 07 Jan 2016.
Yes, Stefina Vitrified is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-32-0000597).
Stefina Vitrified can be reached through the website stefinaceramic.com. Its registered office is in Matel, Gujarat, India.

