MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-32-0006540
Sunray Tiles Private Limited
Sunray Tiles Private Limited - manufacturing in Dhuva, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹65.2 Cr
▲ 5% YoY
Net profit · FY 2025
₹89,000
Net margin 0%
EBITDA · FY 2025
₹7.69 Cr
EBITDA margin 11.8%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹5 Cr
Issued & subscribed
Open charges
₹43.5 Cr
Satisfied ₹12.43 Cr
Company age
19 yrs
Est. 2007
Employees · EPFO
20
Provident fund records
About Sunray Tiles Private Limited
Data last updated:
Sunray Tiles Private Limited is a private limited company based in Dhuva, Gujarat, India. It operates in the sanitaryware and tile segment of the manufacturing sector. It was incorporated on 29 January 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U26955GJ2007PTC049879. Its GSTIN is 24AAKCS5326G1ZD (Gujarat).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹5 Cr. It is led by directors Bharatbhai Maganbhai Patel and Jitendrakumar Maganbhai Raiyani.
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 Survey No. 222 National Highway 8 – A Matel Road (Tal. Wankaner), Dhuva, Gujarat, India – 363622.
As per the financials filed for FY 2025, the company reported a revenue of ₹65.2 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹89,000 (net margin 0%) and EBITDA of ₹7.69 Cr (EBITDA margin 11.8%). Revenue has grown at a compounded annual rate (CAGR) of 44% over three years and 23% over five years.
The company has about 20 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹43.5 Cr and satisfied charges of ₹12.43 Cr on record. Court records list 7 cases involving the company, including 4 filed by the company and 2 filed against it. The company has 8 deals on record (5 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹1.49 Cr; the latest was in July 2021. Its 10 peer companies in the Manufacturing industry (Ceramics, Sanitaryware and Tiles) are compared by revenue, 5 larger and 5 smaller; the largest is Perth Ceramic Private Limited with revenue of ₹66.93 Cr.
Sunray Tiles Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-32-0006540). The current compliance status is marked as compliant by the Registrar of Companies.
Company Details of Sunray Tiles Private Limited
CIN U26955GJ2007PTC049879
Registration Number 049879
Incorporation Date 29 January 2007
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 Medium
Udyam Registration UDYAM-GJ-32-0006540
Recognitions & Rankings of Sunray Tiles
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressSurvey No. 222 National Highway 8 – A Matel Road (Tal. Wankaner), Dhuva, Gujarat, India – 363622
- IndustryManufacturing, Sanitaryware & Tile, Ceramics
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Business Activity of Sunray Tiles Private Limited
The main business activity of Sunray Tiles is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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Financials of Sunray Tiles Private Limited FY 2025 filings available
Sunray Tiles Private Limited reported revenue of ₹65.2 Cr (up 5% YoY) for FY 2025.
Revenue · FY 2025
₹65.2 Cr ▲ 5%
Net profit · FY 2025
₹89,000 margin 0%
EBITDA · FY 2025
₹7.69 Cr margin 11.8%
Compounded Annual Growth Rate (CAGR) of Sunray Tiles Private Limited
Revenue CAGR growth
1 year
▲ 5%
3 years · compounded
▲ 44%
5 years · compounded
▲ 23%
EBITDA CAGR growth
1 year
▼ 6%
3 years · compounded
▲ 49%
5 years · compounded
▲ 30%
Revenue has grown at a compounded annual rate (CAGR) of 23% over five years, including 5% growth in the latest year. EBITDA fell 6% 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 Sunray 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 | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹7.69 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹89,000 | •••• | •••• | •••• | •••• |
| 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 Sunray Tiles Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0% | •••• | •••• | •••• | •••• |
| 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 Sunray Tiles are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
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Verified entity values are shown only after access is granted.
Board of Directors of Sunray Tiles Private Limited
Sunray Tiles has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bharatbhai Maganbhai Patel Also directs: Sunray Plus Tiles Private Limited | Director | 28 Jul 2016 | 10 Years 2 Months | Current |
| Jitendrakumar Maganbhai Raiyani Also directs: Sunray Plus Tiles Private Limited | Director | 09 May 2017 | 9 Years 5 Months | Current |
Peer Comparison of Sunray Tiles Private Limited
Sunray Tiles Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Ceramics, Sanitaryware and Tiles). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Perth Ceramic Private Limited | ₹66.93 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Gujarat, India |
| Sanford Vitrified Private Limited | ₹66.91 Cr (FY 2025) | •••• | •••• | -35.0% | •••• | Sartanpar, Gujarat, India |
| Rich Vitrified Private Limited | ₹66.83 Cr (FY 2025) | •••• | •••• | -20.0% | •••• | Matel, Gujarat, India |
| Dhanuka Marbles Private Limited | ₹66.72 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Udaipur, Rajasthan, India |
| Bromo Ceramic Private Limited | ₹65.48 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | Vaghasiya, Gujarat, India |
| Sunray Tiles Private Limited this company | ₹65.2 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Dhuva, Gujarat, India |
| Paradigm Stone India Private Limited | ₹64.89 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Bangalore, Karnataka, India |
| Marble City India Limited Listed | ₹64.88 Cr (FY 2025) | •••• | •••• | 27.0% | •••• | New Delhi, Delhi, India |
| Sentosa Granito Private Limited | ₹64.68 Cr (FY 2025) | •••• | •••• | -14.0% | •••• | Lakaddhar, Gujarat, India |
| Sisam Ceramics Private Limited | ₹64.17 Cr (FY 2025) | •••• | •••• | 22.0% | •••• | Lalpar, Gujarat, India |
| Greenzone Granito Private Limited | ₹64.1 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Lakaddhar, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Sunray Tiles by revenue in the Manufacturing industry (Ceramics, Sanitaryware and Tiles), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Sunray Tiles Private Limited
Sunray Tiles Private Limited is audited by D. V. BAKRANIA & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| D. V. BAKRANIA & ASSOCIATES | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Sunray Tiles Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
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- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Sunray Tiles Private Limited
Open charges
₹43.5 Cr
Satisfied charges
₹12.43 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Jan 2022 | Hdfc Bank Limited | ₹43.5 Cr | Open |
| 02 Feb 2010 | Central Bank of India | ₹10.08 Cr | Satisfied |
| 15 Jan 2009 | Saurashtra Gramin Bank | ₹1 Cr | Satisfied |
| 28 Jun 2007 | Central Bank of India | ₹35 Lakh | Satisfied |
| 18 Apr 2007 | Small Industries Development Bank of India | ₹1 Cr | Satisfied |
Total charge records: 5 View all charges
Deals & Funding of Sunray Tiles Private Limited
Sunray Tiles Private Limited has 8 deals on record (5 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹1.49 Cr; the latest was in July 2021.
Total deals
8
Secondary share transfers
5
Funding rounds
2
Rights issue
1
Disclosed funding
₹1.49 Cr
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2021 | Rights issue | ₹3.5 Cr | Investors: 4 individuals |
| Jun 2020 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: an individual |
| Sep 2019 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Jul 2017 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 2 individuals |
| Feb 2012 | Funding round | ₹55 Lakh | Investors: 4 individuals |
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Full deal history
All 8 deals with amounts, valuations, instruments and every party are in the company report.
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- Investors, buyers and sellers
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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Sunray Tiles Private Limited
Sunray Tiles Private Limited has 7 court cases on record: 4 filed by Sunray Tiles, 2 filed against it, 1 where it is another party. All cases are disposed. Status as checked between 01 Oct 2026 and 03 Oct 2026.
Total cases
7
Filed by the company
4
Filed against the company
2
Disposed
7
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 2 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, RAJKOT, Gujarat | Court case (DST-LC) | Filed against the company by an individual | Disposed |
| District court, MORBI, Gujarat | Criminal complaint | Filed against the company by an individual | Disposed |
| High Court of Gujarat | Special civil application | Filed by the company against State of Gujarat | Disposed |
| District court, Agra, Uttar Pradesh | Court case (Original Suit) | Company is another party | Disposed |
| District court, MORBI, Gujarat | Court case (CR EN) | Filed by the company against an individual | Disposed |
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Full case history
All 7 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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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.
Employees and EPFO Compliance at Sunray Tiles Private Limited
Sunray Tiles Private Limited has a workforce of 20 employees as of Apr 08, 2024.
Employee count
20
Active EPFO establishments
1
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
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Recent Activity on Sunray Tiles Private Limited
Sunray Tiles Private Limited has 11 board changes on record since 2008: 2 appointments and 9 cessations. The latest: Manojkumar Govindbhai Patel ceased to be Director on 10 Mar 2021.
AGM
Sunray Tiles Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Sunray Tiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Hdfc Bank Limited of Rs. 43.50 Cr registered on 10 Jan 2022 with Charge ID 100523830 was modified on 27 Dec 2022.
Charges
A charge registered on 02 Feb 2010 via Charge ID 10203955 with Central Bank Of India was fully satisfied on 21 Jan 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 43.50 Cr with Charge ID 100523830 was registered on 10 Jan 2022.
Ceased
Manojkumar Govindbhai Patel ceased to be Director.
Ceased
Bhavesh Odhavjibhai Raiyani ceased to be Director.
Ceased
Ghunvantbhai Hirjibhai Patel ceased to be Director.
Appointed
Jitendrakumar Maganbhai Raiyani was appointed as Director.
Ceased
Govindbhai Ganeshbhai Varmora ceased to be Director.
Ceased
Jitendrakumar Maganbhai Raiyani ceased to be Director.
Ceased
Maganbhai Keshavbhai Raiyani ceased to be Director.
15 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Sunray Tiles Private Limited
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Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
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MSME Payment Delays by Sunray Tiles Private Limited
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MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of Sunray Tiles Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Sunray Tiles Private Limited
Sunray Tiles has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAKCS5326G1ZD | Gujarat | Active | 01 Jul 2017 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Sunray Tiles Private Limited
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MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
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Frequently Asked Questions about Sunray Tiles Private Limited
Sunray Tiles is an active private limited company based in Dhuva, Gujarat, India. The company works in sanitaryware and tile, within the manufacturing industry. It was incorporated on 29 January 2007 (19+ years old) and is registered under CIN U26955GJ2007PTC049879.
Sunray Tiles reported revenue of ₹65.2 Cr for FY 2025 (up 5% YoY).
Sunray Tiles has 2 current directors:
- Bharatbhai Maganbhai Patel - Director
- Jitendrakumar Maganbhai Raiyani - Director
Sunray Tiles reported a net profit of ₹89,000 (net margin 0%) and EBITDA of ₹7.69 Cr (EBITDA margin 11.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Sunray Tiles is 44% over three years and 23% over five years. In the latest year (FY 2025) revenue rose 5%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Sunray Tiles is 24AAKCS5326G1ZD, registered in Gujarat.
The CIN (Corporate Identification Number) of Sunray Tiles is U26955GJ2007PTC049879. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sunray Tiles has 7 court cases on record: 4 filed by the company and 2 filed against it. Most are in the district courts.
Sunray Tiles was incorporated on 29 January 2007, making it 19+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Sunray Tiles has 8 deals on record (5 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹1.49 Cr; the latest was in July 2021.
The peers of Sunray Tiles by revenue are Perth Ceramic Private Limited, Sanford Vitrified Private Limited, Rich Vitrified Private Limited, Dhanuka Marbles Private Limited, Bromo Ceramic Private Limited and 5 more, all in the Manufacturing industry (Ceramics, Sanitaryware and Tiles).