Veto Ceramic Private Limited

Veto Ceramic Private Limited - manufacturing in Jambudia, Gujarat, India. FY 2026 financials & compliance.
CIN U26914GJ2006PTC049401 Incorporated 17 November 2006 ROC Ahmedabad HQ Jambudia, Gujarat, India
Active Private Limited Company manufacturing MSME · Small
Data last updated
Revenue · FY 2024
₹42.1 Cr
▲ 20% YoY
Net profit · FY 2024
₹30.96 Lakh
Net margin 0.7%
EBITDA · FY 2024
₹1.43 Cr
EBITDA margin 3.4%
Authorised capital
₹3.25 Cr
Registered with MCA
Paid-up capital
₹3.11 Cr
Issued & subscribed
Open charges
₹4.49 Cr
Secured borrowings
Company age
20 yrs
Est. 2006
Employees · EPFO
11
Provident fund records

About Veto Ceramic Private Limited

Data last updated:

Veto Ceramic Private Limited is a private limited company based in Jambudia, Gujarat, India. It operates in the sanitaryware and tile segment of the manufacturing sector. It was incorporated on 17 November 2006 and has been in existence for over 20 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U26914GJ2006PTC049401. Its GSTIN is 24AACCV3485D1ZG (Gujarat).

The company has an authorised share capital of ₹3.25 Cr and a paid-up capital of ₹3.11 Cr. It is led by directors Arvindbhai Sundarjibhai Jivani and Karshanbhai Sundarjibhai Jivani.

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. 50 Vill. Jambudia (Tal. Morbi), Gujarat, India – 363642.

As per the financials filed for FY 2024, the company reported a revenue of ₹42.1 Cr, a growth of 20% compared to the previous year. For the same year it recorded a net profit of ₹30.96 Lakh (net margin 0.7%) and EBITDA of ₹1.43 Cr (EBITDA margin 3.4%). Revenue has grown at a compounded annual rate (CAGR) of 31% over three years and 30% over five years.

The company has about 11 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Veto Ceramic. As per MCA filings, the company has open charges of ₹4.49 Cr on record. Court records list 4 cases involving the company, including 1 filed by the company and 3 filed against it; 1 case is pending.

Veto Ceramic Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-32-0004474). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vetoceramic.com.

Company details

CIN U26914GJ2006PTC049401
Registration Number 049401
Incorporation Date 17 November 2006
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 Small
Udyam Registration UDYAM-GJ-32-0004474
Key People
Arvindbhai Sundarjibhai Jivani Director Karshanbhai Sundarjibhai Jivani Director

Recognitions & Rankings of Veto Ceramic

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-GJ-32-0004474

Contact details

Veto Ceramic Private Limited's registered office is in Jambudia, Gujarat. Its website is vetoceramic.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    vetoceramic.com
  • Registered Address
    Survey No. 50 Vill. Jambudia (Tal. Morbi), Gujarat, India – 363642
  • Industry
    Manufacturing, Sanitaryware & Tile, Ceramics

To see the full contact details of Veto Ceramic Private Limited, buy the company report.

Comprehensive company report
Veto Ceramic 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Veto Ceramic operates one associated brand: Veto Ceramic. Each brand links to its own profile.

BrandDescriptionWebsite
Veto Ceramic
Delivers comprehensive construction products and materials solutions.vetoceramic.com

Business activity

The main business activity of Veto Ceramic is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC8Plastic products, non-metallic mineral products, rubber products, fabricated metal products

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

Financials of Veto Ceramic Private Limited

FY 2025 filings available

Veto Ceramic Private Limited reported revenue of ₹42.1 Cr (up 20% YoY) for FY 2024.

Revenue · FY 2024
₹42.1 Cr ▲ 20%
Net profit · FY 2024
₹30.96 Lakh margin 0.7%
EBITDA · FY 2024
₹1.43 Cr margin 3.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 20%
3 years · compounded
▲ 31%
5 years · compounded
▲ 30%
EBITDA CAGR growth
1 year
▲ 5%
3 years · compounded
▲ 10%
5 years · compounded
▲ 6%

Revenue has grown at a compounded annual rate (CAGR) of 30% over five years, including 20% growth in the latest year. EBITDA rose 5% 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹1.43 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹30.96 Lakh
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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin3.4%
Net Profit Margin0.7%
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 Veto Ceramic Private Limited, buy the company report.

Board of directors of Veto Ceramic Private Limited

Veto Ceramic has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Arvindbhai Sundarjibhai Jivani
Also directs: Monal Laminate Private Limited, Aajveto Manufacturing Private Limited
Director17 Nov 200619 Years 11 MonthsCurrent
Karshanbhai Sundarjibhai Jivani
Also directs: Laticon Ceramic LLP, Baya Polypack LLP, Baya Decor LLP and 2 more
Director17 Nov 200619 Years 11 MonthsCurrent
View all directors

Peer comparison

Veto Ceramic Private Limited is compared with the 6 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Axison Vitrified Private Limited₹43.03 Cr (FY 2025)7.0%Khakhrechi, Gujarat, India
Passion Vitrified Private Limited₹42.45 Cr (FY 2025)-38.0%Matel, Gujarat, India
Iscon Ceramic Private Limited₹42.31 Cr (FY 2025)-2.0%Jambudiya, Gujarat, India
Veto Ceramic Private Limitedthis company₹42.1 Cr (FY 2024)₹30.96 Lakh0.7%20.0%11Jambudia, Gujarat, India
Cruso Granito Private Limited₹41.86 Cr (FY 2025)-43.0%Wankaner, Gujarat, India
Agl Industries Limited₹41.59 Cr (FY 2025)5.0%Prantij, Gujarat, India
Saimax Ceramic Private Limited₹41.27 Cr (FY 2025)-20.0%Rangpar, Gujarat, India

To see the full peer comparison of Veto Ceramic Private Limited, buy the company report.

Auditor

Veto Ceramic Private Limited is audited by C C BALDHA & ASSOCIATES for the financial year 2021.

Auditor firmFinancial yearFirm registration number
C C BALDHA & ASSOCIATESFY 2021146376W

Shareholding

The shareholding of Veto Ceramic Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021FY 2020FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Veto Ceramic Private Limited, buy the company report.

Charges & borrowings

Open charges
₹4.49 Cr
Satisfied charges
None
Breakdown by lending institutions
State Bank of India₹4.49 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
28 Feb 200710048831State Bank of India₹4.49 CrOpen

To see the full charge records of Veto Ceramic Private Limited, buy the company report.

Total charge records: 1 View all charges

MSME payment delays

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

Employees & EPFO

Veto Ceramic Private Limited has a workforce of 11 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.

Employee count
11
Active EPFO establishments
1
Employee growth
-8.33%

GST

Veto Ceramic has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AACCV3485D1ZGGujaratActive01 Jul 2017

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

Recent activity

Veto Ceramic Private Limited has 2 board changes on record since 2006: 2 appointments. The latest: Arvindbhai Sundarjibhai Jivani was appointed as Director on 17 Nov 2006.

AGM
Veto Ceramic Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Veto Ceramic Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with State Bank Of India of Rs. 4.49 Cr registered on 28 Feb 2007 with Charge ID 10048831 was modified on 30 Jul 2020.
Charges
A charge with State Bank Of India amounted to Rs. 4.49 Cr with Charge ID 10048831 was registered on 28 Feb 2007.
Appointed
Arvindbhai Sundarjibhai Jivani was appointed as Director.
Appointed
Karshanbhai Sundarjibhai Jivani was appointed as Director.
Incorporation
17 Nov 2006
Veto Ceramic Private Limited was registered on 17 Nov 2006 with Roc Ahmedabad & aged 19 years 11 months as per MCA records.

Frequently asked questions

Veto Ceramic is an active private limited company based in Jambudia, Gujarat, India. The company works in sanitaryware and tile, within the manufacturing industry. It was incorporated on 17 November 2006 (20+ years old) and is registered under CIN U26914GJ2006PTC049401.

Veto Ceramic has 2 current directors:

The latest financial statements of Veto Ceramic 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 Veto Ceramic is 24AACCV3485D1ZG, registered in Gujarat.

The CIN (Corporate Identification Number) of Veto Ceramic is U26914GJ2006PTC049401. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Veto Ceramic has 4 court cases on record: 1 filed by the company and 3 filed against it. 1 is pending. Most are in the district courts.

Veto Ceramic was incorporated on 17 November 2006, making it 20+ years old. It is registered with the Registrar of Companies, Ahmedabad.

The peers of Veto Ceramic by revenue are Axison Vitrified Private Limited, Passion Vitrified Private Limited, Iscon Ceramic Private Limited, Cruso Granito Private Limited, Agl Industries Limited and 1 more, 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).

Arvindbhai Sundarjibhai Jivani was appointed as Director on 17 Nov 2006. Karshanbhai Sundarjibhai Jivani was appointed as Director on 17 Nov 2006.

Yes, Veto Ceramic is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-32-0004474).

Veto Ceramic can be reached through the website vetoceramic.com. Its registered office is in Jambudia, Gujarat, India.