About Swastik Ceracon Limited
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Swastik Ceracon Limited is a public limited company based in Nandasan, Gujarat, India. It operates in the ceramics segment of the manufacturing sector. It was incorporated on 31 January 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U26920GJ2005PLC045383. Its GSTIN is 24AAFCM4519E3ZP (Gujarat). The company holds 7 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹23.5 Cr and a paid-up capital of ₹10 Lakh. It was formerly known as Marbolite Granito India Limited. It is led by directors including Hiren Ramanlal Patel and Pradipkumar Dahyabhai Patel.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Survey No. 1071 – 74 At – Nandasan Nandasan – Mehsana Road N.H. – 8 Ta – Kadi, Gujarat, India – 380706.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.63 Cr, a growth of 19% compared to the previous year. For the same year it recorded a net loss of ₹9.99 Cr and EBITDA of -₹13.46 Cr. Revenue has declined at a compounded annual rate (CAGR) of 41% over three years.
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.4 Cr and satisfied charges of ₹597.13 Cr on record. Court records list 326 cases involving the company, including 255 filed by the company and 72 filed against it; 130 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website swastiktiles.in.
Company details
CIN history
Swastik Ceracon has one previous CIN (Corporate Identification Number): U26920GJ2005PTC045383. The current CIN is U26920GJ2005PLC045383, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U26920GJ2005PLC045383 | Current |
| U26920GJ2005PTC045383 | Previous |
Contact details
Swastik Ceracon Limited's registered office is in Nandasan, Gujarat. Its website is swastiktiles.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSurvey No. 1071 – 74 At – Nandasan Nandasan – Mehsana Road N.H. – 8 Ta – Kadi, Gujarat, India – 380706
- IndustryManufacturing, Ceramics, Sanitaryware & Tile
To see the full contact details of Swastik Ceracon 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 Swastik Ceracon is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Swastik Ceracon Limited, buy the company report.
Financials of Swastik Ceracon Limited
FY 2023 filings availableSwastik Ceracon Limited reported revenue of ₹1.63 Cr (up 19% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 19% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 41%. EBITDA rose 68% 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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| EBITDA | -₹13.46 Cr | ||||
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| Net Profit (PAT) | -₹9.99 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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To see the full financial statements and ratios of Swastik Ceracon Limited, buy the company report.
Board of directors of Swastik Ceracon Limited
Swastik Ceracon has 5 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Purvangkumar Bipinchandra Patel | Additional Director | 01 Nov 2023 | 3 Years 0 Months | Current |
| Himanshu Babulal Patel | Additional Director | 01 Nov 2023 | 3 Years 0 Months | Current |
| Hiren Ramanlal Patel | Director | 20 Jun 2022 | 4 Years 4 Months | Current |
| Pradipkumar Dahyabhai Patel Also directs: Ajita Sil-Chem Private Limited, Aspino Ceramics Private Limited | Director | 20 Jun 2022 | 4 Years 4 Months | Current |
| Ashokkumar Bahecharbhai Patel Also directs: Ajita Sil-Chem Private Limited, Aspino Ceramics Private Limited | Director | 20 Jun 2022 | 4 Years 4 Months | Current |
Auditor
Swastik Ceracon Limited is audited by MANGHANI AND COMPANY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MANGHANI AND COMPANY | FY 2023 | 022372C |
Shareholding
The shareholding of Swastik Ceracon 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 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Swastik Ceracon Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Nov 2015 | 10601637 | Reliance Capital Ltd | ₹1.4 Cr | Open | |
| 30 Mar 2016 | 100031552 | Others | ₹2.58 Cr | Satisfied | |
| 15 Mar 2016 | 100020007 | Dena Bank | ₹121.89 Cr | Satisfied | |
| 15 Mar 2016 | 100019848 | Dena Bank | ₹121.89 Cr | Satisfied | |
| 29 Oct 2015 | 10606700 | Deutsche Bank Ag | ₹5.1 Cr | Satisfied |
To see the full charge records of Swastik Ceracon Limited, buy the company report.
Total charge records: 39 View all charges
Legal cases
Swastik Ceracon Limited has 326 court cases on record: 255 filed by Swastik Ceracon, 72 filed against it. 130 cases are pending and 196 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 309 | 61 | 127 |
| High courts | 10 | 6 | 1 |
| NCLAT | 4 | 4 | 0 |
| NCLT | 3 | 1 | 2 |
Cases on record (5 of 326)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Edelweiss Retail Finance Limited.. | Pending |
| NCLT, Ahmedabad | Insolvency matter | Filed against the company by Mr. Prawincharan P. Dwary RP of Swastik Ceracon Limited(In Cirp) | Pending |
| NCLT, Ahmedabad | Insolvency matter | Filed by the company against Reliance Commercial Finance Limited and 12 others | Pending |
| District court, Ahmedabad, Gujarat | Court case (SMST R) | Filed against the company by Tech-On Engineers Pvt. Ltd. Through Authorised Person Kartikbhai R. Shah | Pending |
| NCLAT, Chairperson Court | Tribunal matter | Filed against the company by Thirdeye Tradelink Private Limited | Disposed |
To see the full case history of Swastik Ceracon 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 Swastik Ceracon Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Swastik Ceracon Limited has a workforce of 2 employees on its EPFO records as of May 2026, across 4 active EPFO establishments.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 2 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 | |
| FY 2015-16 |
To see the full employee and EPFO history of Swastik Ceracon Limited, buy the company report.
GST
Swastik Ceracon has 7 GST registrations: 2 active and 5 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCM4519E3ZP | Gujarat | Active | 23 Sep 2020 |
| 2425IND00002ON5 | Gujarat | Active | 01 Feb 2025 |
To see the full GST registrations and return filing status of Swastik Ceracon Limited, buy the company report.
Recent activity
Swastik Ceracon Limited has 13 board changes on record since 2012: 5 appointments and 8 cessations. The latest: Himanshu Babulal Patel was appointed as Additional Director on 01 Nov 2023.
99 earlier events are in the company report.
Frequently asked questions
Swastik Ceracon is an active public limited company based in Nandasan, Gujarat, India. The company works in ceramics, within the manufacturing industry. It was incorporated on 31 January 2005 (21+ years old) and is registered under CIN U26920GJ2005PLC045383.
Swastik Ceracon has 5 current directors:
- Purvangkumar Bipinchandra Patel - Additional Director
- Himanshu Babulal Patel - Additional Director
- Hiren Ramanlal Patel - Director
- Pradipkumar Dahyabhai Patel - Director
- Ashokkumar Bahecharbhai Patel - Director
The latest financial statements of Swastik Ceracon on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Swastik Ceracon is 24AAFCM4519E3ZP, registered in Gujarat. The company has 7 GST registrations in all, of which 2 are active and 5 are cancelled or inactive. Other active GSTINs include 2425IND00002ON5 (Gujarat).
The CIN (Corporate Identification Number) of Swastik Ceracon is U26920GJ2005PLC045383. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Swastik Ceracon has 326 court cases on record: 255 filed by the company and 72 filed against it. 130 are pending. Most are in the district courts.
Swastik Ceracon was incorporated on 31 January 2005, making it 21+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Himanshu Babulal Patel was appointed as Additional Director on 01 Nov 2023. Purvangkumar Bipinchandra Patel was appointed as Additional Director on 01 Nov 2023. Girishkumar Jayantibhai Patel ceased to be Managing Director on 08 Aug 2022. Swastik Ceracon has 13 board changes on record in total.
Swastik Ceracon can be reached through the website swastiktiles.in. Its registered office is in Nandasan, Gujarat, India.
The registered office of Swastik Ceracon is at Survey No. 1071 – 74 At – Nandasan Nandasan – Mehsana Road N.H. – 8 Ta – Kadi, Gujarat, India – 380706.
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