Suncore Tiles Private Limited

Suncore Tiles Private Limited - manufacturing in Lakaddhar Morbi, Gujarat, India. FY 2026 financials & compliance.
CIN U26955GJ2017PTC097236 Incorporated 04 May 2017 ROC Ahmedabad HQ Lakaddhar Morbi, Gujarat, India
Active Private Limited Company manufacturing
Data last updated
Revenue · FY 2025
₹59.96 Cr
▼ 23.00% YoY
Net profit · FY 2025
₹61.28 Lakh
Net margin 1%
EBITDA · FY 2025
₹3.87 Cr
EBITDA margin 6.5%
Authorised capital
₹16 Cr
Registered with MCA
Paid-up capital
₹16 Cr
Issued & subscribed
Open charges
₹30.06 Cr
Satisfied ₹39.5 Cr
Company age
9 yrs
Est. 2017
Employees · EPFO
27
Provident fund records

About Suncore Tiles Private Limited

Data last updated:

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.

Company Details of Suncore Tiles Private Limited
CIN U26955GJ2017PTC097236
Registration Number 097236
Incorporation Date 04 May 2017
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Non-Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
  • Registered Address
    Matel – Lakaddhar Road Near Plazma Granito City Lakaddhar Taluka Wankaner, Lakaddhar Morbi, Gujarat, India – 363621
  • Industry
    Manufacturing, Sanitaryware & Tile, Ceramics
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Financials, compliance, directors, charges, ownership and filings for Suncore Tiles Private Limited in one report.

Financials from FY 2018 Directors & ownership Charges & compliance

Associated Brands with Suncore Tiles Private Limited

Suncore Tiles operates one associated brand: Suncore Tiles. Each brand links to its own profile.

BrandDescriptionWebsite
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.

CompetitorDescriptionLocationFounded
Somany Ceramics Somany Ceramics Ceramic tiles are manufactured by Somany Ceramics in India.Noida, India1969
Simpolo Simpolo Vitrified tiles and bathware products are manufactured for diverse applications.Morbi, India1977
Fireclay Tile Fireclay Tile Made-to-order tiles are manufactured by Fireclay Tile.San Francisco, United States1986
Marudhar Stones Marudhar Stones Provider of natural stones for construction industryHosur, India2007
RAK Ceramics RAK Ceramics Manufacturer of wall and floor ceramic and porcelain tiles for interiors and exteriorsRas Al-khaimah, United Arab Emirates1989
Careers Hainaut Careers Hainaut Tiles and flooring products are manufactured in Belgium since 1888.Soignies, Belgium1888
NaveenTile NaveenTile Ceramic tiles are manufactured by NaveenTile in Bengaluru, India.Bengaluru, India1983
Caesarstone Caesarstone Quartz and porcelain surfaces are manufactured for construction applications.Haifa, Israel1987
La Fabbrica La Fabbrica Ceramic tiles for floors and walls are manufactured and supplied.Castel Bolognese, Italy1994

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 CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
CManufacturingC7Metal and 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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Auditor Details of Suncore Tiles Private Limited

Suncore Tiles Private Limited is audited by VSSK & CO for the financial year 2023.

NameStatusAppointment DateCessation Date
VSSK & COLockedLockedLocked
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Appointment and cessation dates and past auditor changes are in the company report.

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Board of Directors of Suncore Tiles Private Limited

Suncore Tiles has 3 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Savjibhai Rugnathbhai RangapadiaDirector04 May 20179 Years 5 MonthsCurrent
Ravikumar Savjibhai AgharaDirector04 May 20179 Years 5 MonthsCurrent
Mayur Mansukh RangpariyaDirector04 May 20179 Years 5 MonthsCurrent

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.

Revenue · FY 2025
₹59.96 Cr ▼ 23.00%
Net profit · FY 2025
₹61.28 Lakh margin 1%
EBITDA · FY 2025
₹3.87 Cr margin 6.5%

Growth of Suncore Tiles Private Limited

Metric1-year growth3-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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations••••••••••••••••••••
Other Income••••••••••••••••••••
Total Revenue••••••••••••••••••••
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••••••••••••••••••••
Inventories••••••••••••••••••••
Trade Receivables••••••••••••••••••••
Cash and Bank Balance••••••••••••••••••••
Total Assets••••••••••••••••••••

Financial Ratios of Suncore Tiles Private Limited

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin6.5%••••••••••••••••
Net Profit Margin1%••••••••••••••••
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.

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Financial statements from FY 2018

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Ownership and Shareholding of Suncore Tiles Private Limited

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Charges & Borrowings of Suncore Tiles Private Limited

Open charges
₹30.06 Cr
Satisfied charges
₹39.5 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹30.06 Cr
Latest charge details
DateLenderAmountStatus
10 Jun 2021Hdfc Bank Limited₹30.06 CrOpen
06 Dec 2017State Bank of India₹39.5 CrSatisfied

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 count
27
Active EPFO establishments
1
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Monthly headcount, contribution history and filing status are in the company report.

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GST Compliance of Suncore Tiles Private Limited

Suncore Tiles has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAYCS6220K1ZVGujaratActive01 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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Credit Ratings, Litigation & Regulatory Alerts for Suncore Tiles Private Limited

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MSME Payment Delays by Suncore Tiles Private Limited

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Subsidiaries & Group Companies of Suncore Tiles Private Limited

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MCA Filings & Documents of Suncore Tiles Private Limited

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Recent Activity on Suncore Tiles Private Limited

Charges
21 May 2025
A charge with Hdfc Bank Limited of Rs. 30.06 Cr registered on 10 Jun 2021 with Charge ID 100455037 was modified on 21 May 2025.
Activity
30 Sep 2024
Suncore Tiles Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Activity
31 Mar 2024
Suncore Tiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
30 Jun 2021
A charge registered on 06 Dec 2017 via Charge ID 100142711 with State Bank Of India was fully satisfied on 30 Jun 2021.
Charges
10 Jun 2021
A charge with Hdfc Bank Limited amounted to Rs. 30.06 Cr with Charge ID 100455037 was registered on 10 Jun 2021.
Charges
06 Dec 2017
A charge with State Bank Of India amounted to Rs. 39.50 Cr with Charge ID 100142711 was registered on 06 Dec 2017.

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:

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.

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