MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-32-0000073
Sunworld Vitrified Private Limited - manufacturing in Morbi, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹101.43 Cr
▼ 20% YoY
Net loss · FY 2025
₹5.01 Cr
Net margin -4.9%
EBITDA · FY 2025
₹1.69 Cr
EBITDA margin 1.7%
Authorised capital
₹8.5 Cr
Registered with MCA
Paid-up capital
₹7.92 Cr
Issued & subscribed
Open charges
₹75.7 Cr
Satisfied ₹20.9 Cr
Company age
16 yrs
Est. 2010
Employees · EPFO
18
Provident fund records
About Sunworld Vitrified Private Limited
Data last updated:
Sunworld Vitrified Private Limited is a private limited company based in Morbi, Gujarat, India. It operates in the ceramics segment of the manufacturing sector. It was incorporated on 22 May 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U26933GJ2010PTC060861. Its GSTIN is 24AAOCS2511H1ZI (Gujarat).
The company has an authorised share capital of ₹8.5 Cr and a paid-up capital of ₹7.92 Cr. It is led by directors including Jayeshkumar Savjibhai Kalariya and Jitendra Ishwarlal Kalariya.
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 S. No. 199/P Nr. Sungold Ceramic Old Ghuntu Road, Morbi, Gujarat, India – 363642.
As per the financials filed for FY 2025, the company reported a revenue of ₹101.43 Cr, a decline of 20% compared to the previous year. For the same year it recorded a net loss of ₹5.01 Cr (net margin -4.9%) and EBITDA of ₹1.69 Cr (EBITDA margin 1.7%). Revenue has declined at a compounded annual rate (CAGR) of 11% over three years.
The company has about 18 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Sunworld Tiles. As per MCA filings, the company has open charges of ₹75.7 Cr and satisfied charges of ₹20.9 Cr on record. Court records list 25 cases involving the company, including 19 filed by the company and 6 filed against it; 7 cases are pending.
Sunworld Vitrified Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-32-0000073). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sunworldtiles.com.
Company details
CIN U26933GJ2010PTC060861
Registration Number 060861
Incorporation Date 22 May 2010
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-32-0000073
Key People
Jayeshkumar Savjibhai Kalariya Director Jitendra Ishwarlal Kalariya Director Shaileshbhai Odhavjibhai Marvania Director Recognitions & Rankings of Sunworld Vitrified
Contact details
Sunworld Vitrified Private Limited's registered office is in Morbi, Gujarat. Its website is sunworldtiles.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressS. No. 199/P Nr. Sungold Ceramic Old Ghuntu Road, Morbi, Gujarat, India – 363642
- IndustryManufacturing, Ceramics, Sanitaryware & Tile
To see the full contact details of Sunworld Vitrified Private Limited, buy the company report.
Comprehensive company report
Sunworld Vitrified Private Limited - one report that includes everything
- 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
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Brands
Sunworld Vitrified operates one associated brand: Sunworld Tiles. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures and exports ceramic tiles for indoor, outdoor, and parking applications worldwide. | sunworldtiles.com |
Business activity
The main business activity of Sunworld 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 Sunworld Vitrified Private Limited, buy the company report.
Financials of Sunworld Vitrified Private Limited
FY 2025 filings availableSunworld Vitrified Private Limited reported revenue of ₹101.43 Cr (down 20% YoY) for FY 2025.
Revenue · FY 2025
₹101.43 Cr ▼ 20%
Net loss · FY 2025
₹5.01 Cr margin -4.9%
EBITDA · FY 2025
₹1.69 Cr margin 1.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 20%
3 years · compounded
▼ 11%
EBITDA CAGR growth
1 year
▼ 82%
3 years · compounded
▼ 46%
5 years · compounded
▼ 32%
Revenue has declined at a compounded annual rate (CAGR) of 11% over three years, including a 20% fall in the latest year. EBITDA fell 82% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Total Expenses | |||||
| EBITDA | ₹1.69 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹5.01 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.7% | ||||
| Net Profit Margin | -4.9% | ||||
| 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 Sunworld Vitrified Private Limited, buy the company report.
Board of directors of Sunworld Vitrified Private Limited
Sunworld Vitrified has 5 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jayeshkumar Savjibhai Kalariya | Director | 23 Aug 2016 | 10 Years 2 Months | Current |
| Jitendra Ishwarlal Kalariya Also directs: Snep Tile LLP, Grow More Autopack LLP | Director | 23 Aug 2016 | 10 Years 2 Months | Current |
| Shaileshbhai Odhavjibhai Marvania Also directs: Snep Tile LLP | Director | 22 May 2010 | 16 Years 5 Months | Current |
| Iswarbhai Tribhovanbhai Kalariya | Director | 22 May 2010 | 16 Years 5 Months | Current |
| Chandulal Bavalbhai Kalariya Also directs: Snep Tile LLP | Director | 01 Oct 2010 | 16 Years 0 Months | Current |
Peer comparison
Sunworld Vitrified Private Limited is compared with the 3 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 |
|---|---|---|---|---|---|---|
| Sez Vitrified Private Limited | ₹101.74 Cr (FY 2024) | 112.0% | Morbi, Gujarat, India | |||
| Sunworld Vitrified Private Limitedthis company | ₹101.43 Cr (FY 2025) | -₹5.01 Cr | -4.9% | -20.0% | 18 | Morbi, Gujarat, India |
| Avalta Granito Private Limited | ₹100.14 Cr (FY 2025) | -26.0% | Morbi, Gujarat, India | |||
| Abroad Vitrified Private Limited | ₹97.4 Cr (FY 2025) | 2.0% | Bela Rangpar, Gujarat, India |
To see the full peer comparison of Sunworld Vitrified Private Limited, buy the company report.
Auditor
Sunworld Vitrified Private Limited is audited by TUSHAR KUMAR & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| TUSHAR KUMAR & ASSOCIATES | FY 2023 | 158989W |
Shareholding
The shareholding of Sunworld Vitrified Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sunworld Vitrified Private Limited, buy the company report.
Charges & borrowings
Open charges
₹75.7 Cr
Satisfied charges
₹20.9 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Aug 2016 | 100049800 | Hdfc Bank Limited | ₹36.1 Cr | Open | |
| 31 Aug 2015 | 10595125 | Hdfc Bank Limited | ₹39.6 Cr | Open | |
| 22 Mar 2011 | 10277622 | Idbi Bank Limited | ₹9.4 Cr | Satisfied | |
| 13 Oct 2010 | 10245924 | Small Industries Development Bank of India | ₹11.5 Cr | Satisfied |
To see the full charge records of Sunworld Vitrified Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Sunworld Vitrified Private Limited has 25 court cases on record: 19 filed by Sunworld Vitrified, 6 filed against it. 7 cases are pending and 18 are disposed.
Total cases
25
Filed by the company
19
Filed against the company
6
Pending
7
Disposed
18
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 23 | 5 | 7 |
| High courts | 2 | 1 | 0 |
Cases on record (5 of 25)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, MORBI, Gujarat | Court case (SMST R) | Filed by the company against Fontana Impex Pvt. Ltd. and 2 others | Disposed |
| District court, MORBI, Gujarat | Court case (SMST S) | Filed by the company against Fontana Impex Pvt. Ltd. and 2 others | Disposed |
| High Court, GUJARAT | Special civil application | Filed against the company by M/S Levita Granito LLP and 161 others | Disposed |
| District court, MORBI, Gujarat | Criminal complaint | Filed by the company against an individual | Pending |
| District court, MORBI, Gujarat | Criminal complaint | Filed by the company against an individual | Pending |
To see the full case history of Sunworld 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sunworld Vitrified Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sunworld Vitrified Private Limited has a workforce of 18 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
Employee count
18
Active EPFO establishments
1
Employee growth
-5.26%
GST
Sunworld Vitrified has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAOCS2511H1ZI | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sunworld Vitrified Private Limited, buy the company report.
Recent activity
Sunworld Vitrified Private Limited has 15 board changes on record since 2010: 10 appointments and 5 cessations. The latest: Jayeshkumar Savjibhai Kalariya was appointed as Director on 23 Aug 2016.
AGM
Sunworld Vitrified Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited of Rs. 36.10 Cr registered on 02 Aug 2016 with Charge ID 100049800 was modified on 16 Sep 2025.
Filing
Sunworld Vitrified 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. 39.60 Cr registered on 31 Aug 2015 with Charge ID 10595125 was modified on 14 Dec 2022.
Charges
A charge registered on 13 Oct 2010 via Charge ID 10245924 with Small Industries Development Bank Of India was fully satisfied on 13 Mar 2019.
Appointed
Jayeshkumar Savjibhai Kalariya was appointed as Director.
Appointed
Jitendra Ishwarlal Kalariya was appointed as Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 36.10 Cr with Charge ID 100049800 was registered on 02 Aug 2016.
Ceased
Jayantilal Savjibhai Kalariya ceased to be Director.
Charges
A charge registered on 22 Mar 2011 via Charge ID 10277622 with Idbi Bank Limited was fully satisfied on 08 Dec 2015.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 39.60 Cr with Charge ID 10595125 was registered on 31 Aug 2015.
Ceased
Sureshbhai Dharmshibhai Patel ceased to be Director.
15 earlier events are in the company report.
Frequently asked questions
Sunworld Vitrified is an active private limited company based in Morbi, Gujarat, India. The company works in ceramics, within the manufacturing industry. It was incorporated on 22 May 2010 (16+ years old) and is registered under CIN U26933GJ2010PTC060861.
Sunworld Vitrified has 5 current directors:
- Jayeshkumar Savjibhai Kalariya - Director
- Jitendra Ishwarlal Kalariya - Director
- Shaileshbhai Odhavjibhai Marvania - Director
- Iswarbhai Tribhovanbhai Kalariya - Director
- Chandulal Bavalbhai Kalariya - Director
The latest financial statements of Sunworld Vitrified on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Sunworld Vitrified is 24AAOCS2511H1ZI, registered in Gujarat.
The CIN (Corporate Identification Number) of Sunworld Vitrified is U26933GJ2010PTC060861. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sunworld Vitrified has 25 court cases on record: 19 filed by the company and 6 filed against it. 7 are pending. Most are in the district courts.
Sunworld Vitrified was incorporated on 22 May 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Sunworld Vitrified by revenue are Sez Vitrified Private Limited, Avalta Granito Private Limited, Abroad Vitrified 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).
Jayeshkumar Savjibhai Kalariya was appointed as Director on 23 Aug 2016. Jitendra Ishwarlal Kalariya was appointed as Director on 23 Aug 2016. Jayantilal Savjibhai Kalariya ceased to be Director on 15 Feb 2016. Sunworld Vitrified has 15 board changes on record in total.
Yes, Sunworld Vitrified is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-32-0000073).
Sunworld Vitrified can be reached through the website sunworldtiles.com. Its registered office is in Morbi, Gujarat, India.