
About Suncore Tiles Private Limited
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Suncore Tiles Private Limited is a private limited company based in Lakaddhar Morbi, Gujarat, India. It operates in the sanitaryware and tile segment of the manufacturing sector. It was incorporated on 04 May 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U26955GJ2017PTC097236. Its GSTIN is 24AAYCS6220K1ZV (Gujarat).
The company has an authorised share capital of ₹16 Cr and a paid-up capital of ₹16 Cr. It is led by directors including Savjibhai Rugnathbhai Rangapadia and Ravikumar Savjibhai Aghara.
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 Matel – Lakaddhar Road Near Plazma Granito City Lakaddhar Taluka Wankaner, Lakaddhar Morbi, Gujarat, India – 363621.
As per the financials filed for FY 2025, the company reported a revenue of ₹59.96 Cr, a decline of 23% compared to the previous year. For the same year it recorded a net profit of ₹61.28 Lakh (net margin 1%) and EBITDA of ₹3.87 Cr (EBITDA margin 6.5%). Revenue has declined at a compounded annual rate (CAGR) of 8% over three years and 2% over five years.
The company has about 27 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Suncore Tiles. As per MCA filings, the company has open charges of ₹30.06 Cr and satisfied charges of ₹39.5 Cr on record.
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 suncoretiles.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressMatel – Lakaddhar Road Near Plazma Granito City Lakaddhar Taluka Wankaner, Lakaddhar Morbi, Gujarat, India – 363621
- IndustryManufacturing, Sanitaryware & Tile, Ceramics
- 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
- One PDF report, delivered after checkout
Associated Brands with Suncore Tiles Private Limited
Suncore Tiles operates one associated brand: Suncore Tiles. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Produces vitrified tiles for home and commercial applications with rigorous quality testing. | suncoretiles.com |
Competitors & Alternatives of Suncore Tiles Private Limited
Brands and companies operating in the same space as Suncore Tiles Private Limited include Somany Ceramics, Simpolo, Fireclay Tile and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
| | Ceramic tiles are manufactured by Somany Ceramics in India. | Noida, India | 1969 |
| | Vitrified tiles and bathware products are manufactured for diverse applications. | Morbi, India | 1977 |
| | Made-to-order tiles are manufactured by Fireclay Tile. | San Francisco, United States | 1986 |
| | Provider of natural stones for construction industry | Hosur, India | 2007 |
| | Manufacturer of wall and floor ceramic and porcelain tiles for interiors and exteriors | Ras Al-khaimah, United Arab Emirates | 1989 |
| | Tiles and flooring products are manufactured in Belgium since 1888. | Soignies, Belgium | 1888 |
| | Ceramic tiles are manufactured by NaveenTile in Bengaluru, India. | Bengaluru, India | 1983 |
| | Quartz and porcelain surfaces are manufactured for construction applications. | Haifa, Israel | 1987 |
| | Ceramic tiles for floors and walls are manufactured and supplied. | Castel Bolognese, Italy | 1994 |
Business Activity of Suncore Tiles Private Limited
The main business activity of Suncore Tiles is manufacturing. In detail, this covers metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Suncore Tiles Private Limited
Suncore Tiles Private Limited is audited by VSSK & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| VSSK & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Suncore Tiles Private Limited
Suncore Tiles has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Savjibhai Rugnathbhai Rangapadia | Director | 04 May 2017 | 9 Years 5 Months | Current |
| Ravikumar Savjibhai Aghara | Director | 04 May 2017 | 9 Years 5 Months | Current |
| Mayur Mansukh Rangpariya | Director | 04 May 2017 | 9 Years 5 Months | Current |
Financials of Suncore Tiles Private Limited FY 2024 filings available
Suncore Tiles Private Limited reported revenue of ₹59.96 Cr (down 23.00% YoY) for FY 2025.
Growth of Suncore Tiles Private Limited
| Metric | 1-year growth | 3-year compounded (CAGR) | 5-year compounded (CAGR) |
|---|---|---|---|
| Revenue | ▼ 23% | ▼ 8% | ▼ 2% |
| Net profit | ▲ 13% | ▲ 18% | ▲ 38% |
| EBITDA | ▼ 17% | ▼ 19% | ▼ 16% |
Revenue has declined at a compounded annual rate (CAGR) of 2% over five years, including a 23% fall 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 Suncore Tiles Private Limited
| 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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| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹3.87 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹61.28 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 | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Suncore Tiles Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 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 Suncore Tiles are in the company report.
Financial statements from FY 2018
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Suncore Tiles Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Suncore Tiles Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Jun 2021 | Hdfc Bank Limited | ₹30.06 Cr | Open |
| 06 Dec 2017 | State Bank of India | ₹39.5 Cr | Satisfied |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Suncore Tiles Private Limited
Suncore Tiles Private Limited has a workforce of 27 employees as of Apr 07, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Suncore Tiles Private Limited
Suncore Tiles has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAYCS6220K1ZV | Gujarat | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Suncore Tiles Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Suncore Tiles Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Suncore Tiles Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Suncore Tiles Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Suncore Tiles Private Limited
Frequently Asked Questions about Suncore Tiles Private Limited
Suncore Tiles is an active private limited company based in Lakaddhar Morbi, Gujarat, India. The company works in sanitaryware and tile, within the manufacturing industry. It was incorporated on 04 May 2017 (9+ years old) and is registered under CIN U26955GJ2017PTC097236.
Suncore Tiles reported revenue of ₹59.96 Cr for FY 2025 (down 23.00% YoY).
Suncore Tiles has 3 current directors:
- Savjibhai Rugnathbhai Rangapadia - Director
- Ravikumar Savjibhai Aghara - Director
- Mayur Mansukh Rangpariya - Director
Suncore Tiles reported a net profit of ₹61.28 Lakh (net margin 1%) and EBITDA of ₹3.87 Cr (EBITDA margin 6.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Suncore Tiles is -8% over three years and -2% over five years. In the latest year (FY 2025) revenue fell 23%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Suncore Tiles is 24AAYCS6220K1ZV, registered in Gujarat.
The CIN (Corporate Identification Number) of Suncore Tiles is U26955GJ2017PTC097236. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Suncore Tiles was incorporated on 04 May 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Suncore Tiles can be reached through the website suncoretiles.com. Its registered office is in Lakaddhar Morbi, Gujarat, India.