About Sunhearrt Ceramix Private Limited
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Sunhearrt Ceramix Private Limited is a private limited company based in At Dhuva, Gujarat, India. It operates in the ceramics segment of the manufacturing sector. It was incorporated on 28 August 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U26933GJ2009PTC057909. Its GSTIN is 24AANCS3264L1ZY (Gujarat). The company holds 20 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹22.1 Cr and a paid-up capital of ₹9.7 Cr. It is led by directors including Jagjivanbhai Ganeshbhai Varmora and Manojkumar Govindbhai Patel.
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 At Dhuva, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹689.64 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹14.42 Cr (net margin 2.1%) and EBITDA of ₹87.66 Cr (EBITDA margin 12.7%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 10% over five years.
Its group structure includes 4 subsidiaries.
As per MCA filings, the company has open charges of ₹533.67 Cr and satisfied charges of ₹70 Cr on record. Court records list 9 cases involving the company, including 8 filed by the company and 1 filed against it; 3 cases are pending. The company has 12 deals on record (8 secondary share transfers, 2 funding rounds, 2 rights issues), with disclosed funding of ₹22.59 Cr; the latest was in March 2022. Its 5 peer companies 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) are compared by revenue, 3 larger and 2 smaller; the largest is Classic Marble Company Private Limited with revenue of ₹923.58 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 sunhearrt.com.
Company details
Contact details
Sunhearrt Ceramix Private Limited's registered office is in At Dhuva, Gujarat. Its website is sunhearrt.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressS.No.150 & 160/P1 B/H Sunhill Ceramics Pvt. Ltd. National Highway – 8A Tal. Wankaner Dist, . Morbi, At Dhuva, Gujarat, India – 363621
- IndustryManufacturing, Ceramics, Sanitaryware & Tile
To see the full contact details of Sunhearrt Ceramix 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 Sunhearrt Ceramix 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 Sunhearrt Ceramix Private Limited, buy the company report.
Financials of Sunhearrt Ceramix Private Limited
FY 2024 filings availableSunhearrt Ceramix Private Limited reported revenue of ₹689.64 Cr (up 1% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 1% growth in the latest year. EBITDA rose 3% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹689.64 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹87.66 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹14.42 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.7% | ||||
| Net Profit Margin | 2.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Sunhearrt Ceramix Private Limited, buy the company report.
Board of directors of Sunhearrt Ceramix Private Limited
Sunhearrt Ceramix has 5 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jagjivanbhai Ganeshbhai Varmora Also directs: Sunhearrt International Private Limited | Director | 28 Aug 2009 | 17 Years 2 Months | Current |
| Manojkumar Govindbhai Patel Also directs: Sunhearrt International Private Limited | Director | 28 Aug 2009 | 17 Years 2 Months | Current |
| Mayank Pravinbhai Makasana | Director | 19 Mar 2022 | 4 Years 7 Months | Current |
| Hardik Hareshbhai Varmora | Director | 19 Mar 2022 | 4 Years 7 Months | Current |
| Bhudarbhai Ganeshbhai Varmora Also directs: Sunhearrt International Private Limited | Director | 28 Aug 2009 | 17 Years 2 Months | Current |
Peer comparison
Sunhearrt Ceramix Private Limited is compared with the 5 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 |
|---|---|---|---|---|---|---|
| Classic Marble Company Private Limited | ₹923.58 Cr (FY 2025) | -1.0% | Mumbai, Maharashtra, India | |||
| Pokarna Engineered Stone Limited | ₹921.78 Cr (FY 2025) | 40.0% | Telangana, India | |||
| Icon Granito Private Limited | ₹854.56 Cr (FY 2025) | 32.0% | Morbi, Gujarat, India | |||
| Sunhearrt Ceramix Private Limitedthis company | ₹689.64 Cr (FY 2024) | ₹14.42 Cr | 2.1% | 1.0% | At Dhuva, Gujarat, India | |
| Italica Granito Private Limited | ₹578.17 Cr (FY 2025) | 4.0% | Morbi, Gujarat, India | |||
| Motto Stone Private Limited | ₹507.5 Cr (FY 2025) | 80.0% | Wankaner, Gujarat, India |
To see the full peer comparison of Sunhearrt Ceramix Private Limited, buy the company report.
Auditor
Sunhearrt Ceramix Private Limited is audited by DHARMENDRA. B. SHAH & ASSOCIATES for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DHARMENDRA. B. SHAH & ASSOCIATES | FY 2024 | 126248W |
Shareholding
The shareholding of Sunhearrt Ceramix Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sunhearrt Ceramix Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Mar 2024 | 100900936 | Others | ₹37.3 Cr | Open | |
| 23 Feb 2023 | 100687998 | Others | ₹56.25 Cr | Open | |
| 23 Feb 2023 | 100687994 | Others | ₹22.75 Cr | Open | |
| 19 Sep 2022 | 100614862 | Standard Chartered Bank | ₹60 Cr | Open | |
| 24 Mar 2017 | 100188065 | Others | ₹14.28 Cr | Open |
To see the full charge records of Sunhearrt Ceramix Private Limited, buy the company report.
Total charge records: 11 View all charges
Deals & funding
Sunhearrt Ceramix Private Limited has 12 deals on record (8 secondary share transfers, 2 funding rounds, 2 rights issues), with disclosed funding of ₹22.59 Cr; the latest was in March 2022.
Deals on record (5 of 12)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Sunhill Ceramics Private Limited |
| Mar 2015 | Rights issue | ₹5.28 Cr | Investors: Sunhill Ceramics Private Limited , 3 individuals |
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: A. International Private Limited , 3 individuals |
| Nov 2009 | Funding round | ₹12 Cr | Investors: Sunhill Ceramics Private Limited , A. International Private Limited , 2 individuals |
To see the full deal history of Sunhearrt Ceramix Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Sunhearrt Ceramix Private Limited has 9 court cases on record: 8 filed by Sunhearrt Ceramix, 1 filed against it. 3 cases are pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 1 | 2 |
| NCLT | 2 | 0 | 1 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Kolkata | Insolvency matter | Filed by the company against MKS Engicon Private Limited | Disposed |
| District court, Faridabad, Haryana | Cheque dishonour complaint | Filed by the company against Estro Construction Pvt Ltd | Disposed |
| District court, Ahmedabad, Gujarat | Criminal miscellaneous application | Filed by the company against an individual | Pending |
| District court, Ahmedabad, Gujarat | Criminal miscellaneous application | Filed by the company against an individual | Pending |
| NCLT, Ahmedabad | Insolvency matter | Filed by the company against Farriti Merchandize (India) Pvt. Ltd | Pending |
To see the full case history of Sunhearrt Ceramix 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
Sunhearrt Ceramix Private Limited was last rated by Care on 05 Oct 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 05 Oct 2021 |
To see the full credit ratings and regulatory alerts of Sunhearrt Ceramix Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sunhearrt Ceramix Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Sunhearrt Ceramix has 4 subsidiary companies. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Sunshine Glass Company Private Limited | U26100GJ2014PTC079357 | |
| Sunbath Sanitary Private Limited | U26993GJ2021PTC120962 | |
| Sunshine Vitrious Tiles Private Limited | U26999GJ2021PTC123623 | |
| Sunhearrt Foundation | U85300GJ2018NPL102164 |
To see the full group structure of Sunhearrt Ceramix Private Limited, buy the company report.
GST
Sunhearrt Ceramix has 20 GST registrations: 4 active and 16 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AANCS3264L1ZY | Gujarat | Active | 01 Jul 2017 |
| 24AANCS3264L2ZX | Gujarat | Active | 01 Feb 2018 |
| 24AANCS3264L3ZW | Gujarat | Active | 28 Nov 2022 |
| 06AANCS3264L1ZW | Haryana | Active | 01 Nov 2017 |
To see the full GST registrations and return filing status of Sunhearrt Ceramix Private Limited, buy the company report.
Recent activity
Sunhearrt Ceramix Private Limited has 10 board changes on record since 2009: 5 appointments and 5 cessations. The latest: Niren Atinbhai Desai ceased to be Company Secretary on 16 Jan 2024.
21 earlier events are in the company report.
Frequently asked questions
Sunhearrt Ceramix is an active private limited company based in At Dhuva, Gujarat, India. The company works in ceramics, within the manufacturing industry. It was incorporated on 28 August 2009 (17+ years old) and is registered under CIN U26933GJ2009PTC057909.
Sunhearrt Ceramix has 5 current directors:
- Jagjivanbhai Ganeshbhai Varmora - Director
- Manojkumar Govindbhai Patel - Director
- Mayank Pravinbhai Makasana - Director
- Hardik Hareshbhai Varmora - Director
- Bhudarbhai Ganeshbhai Varmora - Director
The latest financial statements of Sunhearrt Ceramix on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Sunhearrt Ceramix is 24AANCS3264L1ZY, registered in Gujarat. The company has 20 GST registrations in all, of which 4 are active and 16 are cancelled or inactive. Other active GSTINs include 24AANCS3264L2ZX (Gujarat), 24AANCS3264L3ZW (Gujarat), 06AANCS3264L1ZW (Haryana).
The CIN (Corporate Identification Number) of Sunhearrt Ceramix is U26933GJ2009PTC057909. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sunhearrt Ceramix has 9 court cases on record: 8 filed by the company and 1 filed against it. 3 are pending. Most are in the district courts.
Sunhearrt Ceramix was incorporated on 28 August 2009, making it 17+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Sunhearrt Ceramix has 12 deals on record (8 secondary share transfers, 2 funding rounds, 2 rights issues), with disclosed funding of ₹22.59 Cr; the latest was in March 2022.
The peers of Sunhearrt Ceramix by revenue are Classic Marble Company Private Limited, Pokarna Engineered Stone Limited, Icon Granito Private Limited, Italica Granito Private Limited, Motto Stone Private Limited, 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).
Niren Atinbhai Desai ceased to be Company Secretary on 16 Jan 2024. Govindbhai Ganeshbhai Varmora ceased to be Director on 20 Mar 2022. Pravinbhai Narshibhai Patel ceased to be Director on 20 Mar 2022. Sunhearrt Ceramix has 10 board changes on record in total.
Sunhearrt Ceramix can be reached through the website sunhearrt.com. Its registered office is in At Dhuva, Gujarat, India.
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