Ultra Tile Private Limited - manufacturing in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U26960TN1993PTC025667 Incorporated 25 August 1993 ROC Chennai HQ Chennai, Tamil Nadu, India
Under Liquidation Private Limited Company manufacturing
Data last updated
Revenue · FY 2018
₹16.79 Cr
▼ 42% YoY
Net loss · FY 2018
₹14.19 Cr
Net margin -84.5%
EBITDA · FY 2018
-₹11.1 Cr
EBITDA margin -66.1%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹80 Lakh
Issued & subscribed
Open charges
₹11.2 Cr
Satisfied ₹54.02 Cr
Company age
33 yrs
Est. 1993
Employees · EPFO
5
Provident fund records

About Ultra Tile Private Limited

Data last updated:

Ultra Tile Private Limited is a private limited company based in Chennai, Tamil Nadu, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the ceramics, sanitaryware and tile segment of the manufacturing sector. It was incorporated on 25 August 1993.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U26960TN1993PTC025667. Its GSTIN is 36AAACU0850B1ZV (Telangana). The company holds 10 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹80 Lakh. It is led by directors including Krishnamurthy Dhanalakshmi and Krishnamurthy Swaminathan.

Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Kpm’S Sapphire No: 26 11th Avenue Ashok Nagar, Chennai, Tamil Nadu, India – 600083.

As per the financials filed for FY 2018, the company reported a revenue of ₹16.79 Cr, a decline of 42% compared to the previous year. For the same year it recorded a net loss of ₹14.19 Cr (net margin -84.5%) and EBITDA of -₹11.1 Cr (EBITDA margin -66.1%). Revenue has declined at a compounded annual rate (CAGR) of 25% over three years.

The company has about 5 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Ultra Tile. As per MCA filings, the company has open charges of ₹11.2 Cr and satisfied charges of ₹54.02 Cr on record. Court records list 63 cases involving the company, including 42 filed by the company and 21 filed against it; 6 cases are pending.

The last known website on record is ultratile.com.

Company details

CIN U26960TN1993PTC025667
Registration Number 025667
Incorporation Date 25 August 1993
ROC Chennai
Listing Status Unlisted
Company Status Under Liquidation
Date of Last AGM 29 September 2018
Date of Balance Sheet 31 March 2018
Compliance Status Active Compliant

Contact details

Ultra Tile Private Limited's registered office is in Chennai, Tamil Nadu. Its website is ultratile.com. Its e-mail address is in the company report.

  • Email
  • Social Media
  • Registered Address
    Kpm’S Sapphire No: 26 11th Avenue Ashok Nagar, Chennai, Tamil Nadu, India – 600083
  • Industry
    Manufacturing, Ceramics, Sanitaryware & Tile

To see the full contact details of Ultra Tile Private Limited, buy the company report.

Comprehensive company report
Ultra Tile 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

Ultra Tile operates one associated brand: Ultra Tile. Each brand links to its own profile.

BrandDescriptionWebsite
Manufactures and supplies diverse tiles for floors, walls, roofs, and exteriors in India.ultratile.in

Business activity

The main business activity of Ultra Tile is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC13Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities

To see the full business activity and turnover split of Ultra Tile Private Limited, buy the company report.

Financials of Ultra Tile Private Limited

FY 2018 filings available

Ultra Tile Private Limited reported revenue of ₹16.79 Cr (down 42% YoY) for FY 2018.

Revenue · FY 2018
₹16.79 Cr ▼ 42%
Net loss · FY 2018
₹14.19 Cr margin -84.5%
EBITDA · FY 2018
-₹11.1 Cr margin -66.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 42%
3 years · compounded
▼ 25%
EBITDA CAGR growth
1 year
▼ 485%
3 years · compounded
▼ 118%

Revenue has declined at a compounded annual rate (CAGR) of 25% over three years, including a 42% fall in the latest year. EBITDA fell 485% 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

MetricsFY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹16.79 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹11.1 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹14.19 Cr
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

MetricsFY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profitability
EBITDA Margin-66.1%
Net Profit Margin-84.5%
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

To see the full financial statements and ratios of Ultra Tile Private Limited, buy the company report.

Board of directors of Ultra Tile Private Limited

Ultra Tile has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Krishnamurthy SwaminathanAdditional Director01 Feb 20179 Years 9 MonthsAs last reported
Krishnamurthy DhanalakshmiDirector25 Aug 199333 Years 2 MonthsAs last reported
Venkataraman KrishnamurthyAdditional Director02 Dec 20205 Years 11 MonthsAs last reported

Auditor

Ultra Tile Private Limited is audited by SUNDARARAJAN ASSOCIATES LLP for the financial year 2018.

Auditor firmFinancial yearFirm registration number
SUNDARARAJAN ASSOCIATES LLPFY 2018004997S

Shareholding

The shareholding of Ultra Tile Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2018FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Ultra Tile Private Limited, buy the company report.

Charges & borrowings

Open charges
₹11.2 Cr
Satisfied charges
₹54.02 Cr
Breakdown by lending institutions
Others₹11.10 Cr
Centurion Bank Ltd.₹0.07 Cr
The Tamil Nadu Industrial Investment Corporation Limited₹0.03 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
20 Feb 2018100173161Others₹11.1 CrOpen
10 Mar 200490295062Centurion Bank Ltd.₹6.85 LakhOpen
12 May 199590291400The Tamil Nadu Industrial Investment Corporation Limited₹2.75 LakhOpen
12 Oct 2017100138881Hdfc Bank Limited₹11.1 CrSatisfied
24 Aug 2017100137022Hdfc Bank Limited₹11.1 CrSatisfied

To see the full charge records of Ultra Tile Private Limited, buy the company report.

Total charge records: 18 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Ultra Tile Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Ultra Tile Private Limited has a workforce of 5 employees on its EPFO records as of Apr 06, 2024, across 5 active EPFO establishments.

Employee count
5
Active EPFO establishments
5
Employee growth
-95.45%

GST

Ultra Tile has 10 GST registrations: 1 active and 9 cancelled or inactive.

Total GSTINs
10
Active
1
Cancelled / inactive
9
GSTINStateStatusRegistered on
36AAACU0850B1ZVTelanganaActive01 Jul 2017

To see the full GST registrations and return filing status of Ultra Tile Private Limited, buy the company report.

Recent activity

Ultra Tile Private Limited has 7 board changes on record since 1993: 3 appointments and 4 cessations. The latest: Venkataraman Krishnamurthy was appointed as Additional Director on 02 Dec 2020.

Appointed
Venkataraman Krishnamurthy was appointed as Additional Director.
Charges
A charge with Others of Rs. 11.10 Cr registered on 20 Feb 2018 with Charge ID 100173161 was modified on 30 Dec 2019.
Ceased
Visalakshi Swaminathan ceased to be Additional Director.
Ceased
Venkataraman Krishnamurthy ceased to be Director.
AGM
Ultra Tile Private Limited last Annual general meeting of members was held on 29 Sep 2018 as per latest MCA records.
Charges
A charge registered on 12 Oct 2017 via Charge ID 100138881 with Hdfc Bank Limited was fully satisfied on 17 Apr 2018.
Charges
A charge registered on 24 Aug 2017 via Charge ID 100137022 with Hdfc Bank Limited was fully satisfied on 17 Apr 2018.
Charges
A charge registered on 12 Oct 2011 via Charge ID 10312832 with Hdfc Bank Limited was fully satisfied on 17 Apr 2018.
Charges
A charge registered on 29 Jul 2010 via Charge ID 10236928 with Hdfc Bank Limited was fully satisfied on 17 Apr 2018.
Filing
Ultra Tile Private Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Chennai.
Charges
A charge with Others amounted to Rs. 11.10 Cr with Charge ID 100173161 was registered on 20 Feb 2018.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 11.10 Cr with Charge ID 100138881 was registered on 12 Oct 2017.

39 earlier events are in the company report.

Frequently asked questions

Ultra Tile is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.

Ultra Tile is a company under liquidation, formerly operating as a private limited company based in Chennai, Tamil Nadu, India. The company works in ceramics, sanitaryware and tile, within the manufacturing industry. It was incorporated on 25 August 1993 and is registered under CIN U26960TN1993PTC025667. Caution is advised - the company may not have the legal capacity to fulfil new agreements.

Ultra Tile has 3 current directors:

The latest financial statements of Ultra Tile on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.

The CIN (Corporate Identification Number) of Ultra Tile is U26960TN1993PTC025667. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Ultra Tile has open charges of ₹11.2 Cr and satisfied charges of ₹54.02 Cr as per latest MCA filings.

Ultra Tile has 63 court cases on record: 42 filed by the company and 21 filed against it. 6 are pending. Most are in the high courts.

Ultra Tile was incorporated on 25 August 1993. It is registered with the Registrar of Companies, Chennai.

Venkataraman Krishnamurthy was appointed as Additional Director on 02 Dec 2020. Visalakshi Swaminathan ceased to be Additional Director on 24 May 2019. Venkataraman Krishnamurthy ceased to be Director on 19 Apr 2019. Ultra Tile has 7 board changes on record in total.

Ultra Tile can be reached through the website ultratile.com. Its registered office is in Chennai, Tamil Nadu, India.