City Tiles Limited

Manufacturer and exporter of high-quality vitrified and ceramic tiles with diverse designs and specifications.

2002 | Sabarkantha, Gujarat (India) | Under Liquidation
Last Updated: April 23, 2024

City Tiles Profile

Key Indicators

  • Authorised Capital ₹ 18.00 Cr
  • Paid Up Capital ₹ 17.03 Cr
  • Company Age 22 Year, 6 Months
  • Last Filing with ROC 31 Mar 2019
  • Open Charges ₹ 222.53 Cr
  • Satisfied Charges ₹ 28.47 Cr
  • Revenue Growth -82.75%
  • Profit Growth -19605.95%
  • Ebitda -841.21%
  • Net Worth -134.69%
  • Total Assets -44.70%

About City Tiles

City Tiles Limited (CTL) is Under Liquidation company established on 20 Aug 2002 with its office registered at Sabarkantha, Gujarat, India and has been running since 22 Year, 6 Months with a paid up capital of 17.03 Cr. According to MCA records, 3 Directors are linked to this company as of 23 Apr 2024.

Company Details

  • Location

    Sabarkantha, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    citytilesltd.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U26941GJ2002PLC041142

  • Company No.

    041142

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    20 Aug 2002

  • Date of AGM

    30 Sep 2019

  • Date of Balance Sheet

    31 Mar 2019

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

Who are the key members and board of directors at City Tiles?

Executive Team (1)

NameDesignationAppointment DateStatus
Rameshbhai Patel Country flag representing In Managing Director20-Aug-2002Current

Board Members (2)

NameDesignationAppointment DateStatus
Mahendrakumar Patel Country flag representing In Whole-Time Director 20-Aug-2002Current
Vinodkumar Patel Country flag representing In Director 30-Aug-2017Current

Financial Performance of City Tiles.

City Tiles Limited, for the financial year ended 2019, experienced significant reduction in revenue, with a 82.75% decrease. The company also saw a substantial fall in profitability, with a 19605.95% decrease in profit. The company's net worth observed a substantial decline by a decrease of 134.69%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-82.75%
Revenue from Operations
-78.93%
Total Assets
-44.70%
Profit or Loss
-19605.95%
Net Worth
-134.69%
EBITDA
-841.21%

What is the Ownership and Shareholding Structure of City Tiles?

In 2019, City Tiles had a promoter holding of 50.25% and a public holding of 49.75%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹222.53 Cr

Satisfied Charges

₹28.47 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 138.00 Cr
  • Sbicap Trustee Company Limited : 60.54 Cr
  • The Mehsana Urban Co-Operative Bank Ltd : 12.00 Cr
  • Others : 8.23 Cr
  • The Mehsana Urban Co-Operative Bank Limited : 2.30 Cr
  • Others : 1.46 Cr

Latest Charge Details

DateLenderAmountStatus
07 Sep 2017Others₹7.00 CrOpen
28 Aug 2017Others₹1.23 CrOpen
30 Mar 2016Sbicap Trustee Company Limited₹3.00 CrOpen
30 Oct 2015Hero Fincorp Limited₹1.46 CrOpen
27 Mar 2015Sbicap Trustee Company Limited₹57.54 CrOpen

How Many Employees Work at City Tiles?

Unlock and access historical data on people associated with City Tiles, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of City Tiles, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped City Tiles's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on City Tiles

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 1.23 Cr registered on 28 Aug 2017 with Charge ID 100128059 was modified on 16 Dec 2022.

    16 Dec 2022

  • Annual General Meeting

    City Tiles Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.

    30 Sep 2019

  • Balance Sheet

    City Tiles Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Ahmedabad.

    31 Mar 2019

  • Charges

    A charge with Others amounted to Rs. 7.00 Cr with Charge ID 100131283 was registered on 07 Sep 2017.

    07 Sep 2017

  • Director Appointment

    Vinodkumar Raghjibhai Patel was appointed as a Director was appointed as a Director on 30 Aug 2017 & has been associated with this company since 7 years 5 months .

    30 Aug 2017

  • Charges

    A charge with Others amounted to Rs. 1.23 Cr with Charge ID 100128059 was registered on 28 Aug 2017.

    28 Aug 2017

Frequently asked questions

  • City Tiles Limited was incorporated on 20 Aug 2002.

  • The authorized share capital of City Tiles Limited is ₹ 18.00 Cr and paid-up capital is ₹ 17.03 Cr.

  • Currently 3 directors are associated with City Tiles Limited.

    • Mahendrakumar Shankerlal Patel
    • Rameshbhai Laxmanbhai Patel
    • Vinodkumar Raghjibhai Patel
  • As per Ministry of Corporate Affairs (Mca), the registered address of City Tiles Limited is At & Post- Dalpur Ceramic City Katwad Road, Ta- Prantij, Gujarat, India, 383120.

  • The corporate identification number (CIN) of City Tiles Limited is U26941GJ2002PLC041142 and the company number is 041142 as per Ministry of Corporate Affairs (MCA).

  • The Official website of City Tiles Limited is https://www.citytilesltd.com

  • According to the financial reports for the fiscal year 2019, the revenue trend for City Tiles Limited has fallen by -82.75%.

  • The financial reports for the fiscal year 2019 indicates that The net worth of City Tiles Limited has experienced an downturn of -134.69%.

  • As per the financial statements for fiscal Year 2019, The total open charges for City Tiles Limited amount to ₹ 222.53 Cr.

  • The most recent Balance Sheet for City Tiles Limited was filed with the ROC on 31 Mar 2019.

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