MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-32-0001595
Welcome Tiles Private Limited - manufacturing in Rangpar, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹2.85 Cr
▼ 85% YoY
Net loss · FY 2025
₹4.12 Cr
Net margin -144.6%
EBITDA · FY 2025
-₹2.71 Cr
EBITDA margin -95.3%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹4.7 Cr
Issued & subscribed
Open charges
₹8.61 Cr
Satisfied ₹12.35 Cr
Company age
13 yrs
Est. 2013
Employees · EPFO
16
Provident fund records
About Welcome Tiles Private Limited
Data last updated:
Welcome Tiles Private Limited is a private limited company based in Rangpar, Gujarat, India. It operates in the sanitaryware and tile segment of the manufacturing sector. It was incorporated on 23 January 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U26933GJ2013PTC073445. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.7 Cr. It is led by directors including Ashwin Haribhai Dashadiya and Jayantilal Chaturbhai Bhalodiya.
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. 297 Tal.: Morbi, Rangpar, Gujarat, India – 363642.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.85 Cr, a decline of 85% compared to the previous year. For the same year it recorded a net loss of ₹4.12 Cr (net margin -144.6%) and EBITDA of -₹2.71 Cr (EBITDA margin -95.3%). Revenue has declined at a compounded annual rate (CAGR) of 54% over three years and 38% over five years.
The company has about 16 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Welcome Tiles. As per MCA filings, the company has open charges of ₹8.61 Cr and satisfied charges of ₹12.35 Cr on record. Court records list 9 cases involving the company, including 6 filed by the company and 3 filed against it. The company has 5 deals on record (5 secondary share transfers); the latest was in March 2019.
Welcome Tiles Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-32-0001595). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website welcometiles.com.
Company details
CIN U26933GJ2013PTC073445
Registration Number 073445
Incorporation Date 23 January 2013
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-32-0001595
Key People
Ashwin Haribhai Dashadiya Director Jayantilal Chaturbhai Bhalodiya Director Bhavesh Haribhai Goriya Director Recognitions & Rankings of Welcome Tiles
Contact details
Welcome Tiles Private Limited's registered office is in Rangpar, Gujarat. Its website is welcometiles.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSurvey No. 297 Tal.: Morbi, Rangpar, Gujarat, India – 363642
- IndustryManufacturing, Sanitaryware & Tile, Ceramics
To see the full contact details of Welcome Tiles Private Limited, buy the company report.
Comprehensive company report
Welcome Tiles 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
Welcome Tiles operates one associated brand: Welcome Tiles. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Produces high-quality digital wall tiles for various applications. | welcometiles.com |
Business activity
The main business activity of Welcome Tiles 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 Welcome Tiles Private Limited, buy the company report.
Financials of Welcome Tiles Private Limited
FY 2025 filings availableWelcome Tiles Private Limited reported revenue of ₹2.85 Cr (down 85% YoY) for FY 2025.
Revenue · FY 2025
₹2.85 Cr ▼ 85%
Net loss · FY 2025
₹4.12 Cr margin -144.6%
EBITDA · FY 2025
-₹2.71 Cr margin -95.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 85%
3 years · compounded
▼ 54%
5 years · compounded
▼ 38%
EBITDA CAGR growth
1 year
▼ 251%
3 years · compounded
▼ 54%
5 years · compounded
▼ 23%
Revenue has declined at a compounded annual rate (CAGR) of 38% over five years, including a 85% fall in the latest year. EBITDA fell 251% 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 | -₹2.71 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹4.12 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 | -95.3% | ||||
| Net Profit Margin | -144.6% | ||||
| 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 Welcome Tiles Private Limited, buy the company report.
Board of directors of Welcome Tiles Private Limited
Welcome Tiles has 3 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 |
|---|---|---|---|---|
| Ashwin Haribhai Dashadiya | Director | 23 Apr 2018 | 8 Years 6 Months | Current |
| Jayantilal Chaturbhai Bhalodiya | Director | 30 Sep 2022 | 4 Years 1 Months | Current |
| Bhavesh Haribhai Goriya | Director | 03 Dec 2019 | 6 Years 11 Months | Current |
Auditor
Welcome Tiles Private Limited is audited by S. K. MEHTA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. K. MEHTA & ASSOCIATES | FY 2023 | 124167 |
Shareholding
The shareholding of Welcome Tiles 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 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Welcome Tiles Private Limited, buy the company report.
Charges & borrowings
Open charges
₹8.61 Cr
Satisfied charges
₹12.35 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Jul 2017 | 100114147 | Axis Bank Limited | ₹8.61 Cr | Open | |
| 21 Jun 2013 | 10432892 | Bank of Baroda | ₹12.35 Cr | Satisfied |
To see the full charge records of Welcome Tiles Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Welcome Tiles Private Limited has 5 deals on record (5 secondary share transfers); the latest was in March 2019.
Total deals
5
Secondary share transfers
5
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 3 individuals |
| Aug 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Feb 2013 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Welcome Tiles Private Limited has 9 court cases on record: 6 filed by Welcome Tiles, 3 filed against it. All cases are disposed.
Total cases
9
Filed by the company
6
Filed against the company
3
Disposed
9
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 2 | 0 |
| High courts | 3 | 1 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| 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 | Disposed |
| High Court of Gujarat | Special civil application | Filed by the company against State of Gujarat | Disposed |
| District court, Jalgaon, Maharashtra | Civil suit | Filed against the company by State of Maharashtra | Disposed |
| District court, MORBI, Gujarat | Criminal complaint | Filed by the company against Mr Rajnibhai V. Patel - Propritor of M/S Star Enterprise | Disposed |
To see the full case history of Welcome Tiles 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.
Credit ratings & regulatory alerts
Welcome Tiles Private Limited was last rated by Icra on 23 Sep 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 23 Sep 2021 |
To see the full credit ratings and regulatory alerts of Welcome Tiles Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Welcome Tiles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Welcome Tiles Private Limited has a workforce of 16 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
Employee count
16
Active EPFO establishments
1
Employee growth
-5.88%
GST
Welcome Tiles has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
Total GSTINs
1
Cancelled / inactive
1
To see the full GST registrations and return filing status of Welcome Tiles Private Limited, buy the company report.
Recent activity
Welcome Tiles Private Limited has 13 board changes on record since 2013: 8 appointments and 5 cessations. The latest: Dharmeshbhai Nagarbhai Ramani ceased to be Director on 18 Oct 2022.
AGM
Welcome Tiles Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Welcome Tiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Dharmeshbhai Nagarbhai Ramani ceased to be Director.
Appointed
Jayantilal Chaturbhai Bhalodiya was appointed as Director.
Charges
A charge with Axis Bank Limited of Rs. 8.61 Cr registered on 26 Jul 2017 with Charge ID 100114147 was modified on 04 Aug 2020.
Ceased
Hareshbhai Mahadevbhai Gami ceased to be Director.
Ceased
Jayantilal Raghavjibhai Fultariya ceased to be Director.
Ceased
Nileshkumar Devjibhai Saradava ceased to be Director.
Appointed
Bhavesh Haribhai Goriya was appointed as Director.
Appointed
Dharmeshbhai Nagarbhai Ramani was appointed as Director.
Appointed
Ashwin Haribhai Dashadiya was appointed as Director.
Charges
A charge registered on 21 Jun 2013 via Charge ID 10432892 with Bank Of Baroda was fully satisfied on 04 Aug 2017.
8 earlier events are in the company report.
Frequently asked questions
Welcome Tiles is an active private limited company based in Rangpar, Gujarat, India. The company works in sanitaryware and tile, within the manufacturing industry. It was incorporated on 23 January 2013 (13+ years old) and is registered under CIN U26933GJ2013PTC073445.
Welcome Tiles has 3 current directors:
- Ashwin Haribhai Dashadiya - Director
- Jayantilal Chaturbhai Bhalodiya - Director
- Bhavesh Haribhai Goriya - Director
The latest financial statements of Welcome Tiles 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.
No. Welcome Tiles has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Welcome Tiles is U26933GJ2013PTC073445. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Welcome Tiles has 9 court cases on record: 6 filed by the company and 3 filed against it. Most are in the district courts.
Welcome Tiles was incorporated on 23 January 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Welcome Tiles has 5 deals on record (5 secondary share transfers); the latest was in March 2019.
Dharmeshbhai Nagarbhai Ramani ceased to be Director on 18 Oct 2022. Jayantilal Chaturbhai Bhalodiya was appointed as Director on 30 Sep 2022. Hareshbhai Mahadevbhai Gami ceased to be Director on 24 Dec 2019. Welcome Tiles has 13 board changes on record in total.
Yes, Welcome Tiles is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-32-0001595).
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