Riwasa Tiles Limited

Manufacturer of vitrified tiles, marketed under 'Riwasa' brand, with nationwide dealer network and ISO certifications.

2010 | Ahmedabad, Gujarat (India) | Active
Last Updated:

Riwasa Tiles Profile

Key Indicators

  • Authorised Capital ₹ 8.00 Cr
  • Paid Up Capital ₹ 7.19 Cr
  • Company Age 14 Year, 10 Months
  • Last Filing with ROC 31 Mar 2021
  • Satisfied Charges ₹ 63.86 Cr
  • Revenue Growth -76.44%
  • Profit Growth -47.18%
  • Ebitda -122.39%
  • Net Worth -31.42%
  • Total Assets -42.65%

About Riwasa Tiles

Riwasa Tiles Limited (RTL) is a Public Limited Indian Non-Government Company incorporated in India on 04 May 2010 and has a history of 14 years and ten months. Its registered office is in Ahmedabad, Gujarat, India.

The Corporate was formerly known as Riwasa Tiles Private Limited. The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2021. It's a company limited by shares with an authorized capital of Rs 8.00 Cr and a paid-up capital of Rs 7.19 Cr.

The company has closed loans amounting to ₹63.86 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Devchand Patel, Harshadkumar Patel, Manilal Patel, and One other member serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U26933GJ2010PLC060545

  • Company No.

    060545

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    04 May 2010

  • Date of AGM

    30 Nov 2021

  • Date of Balance Sheet

    31 Mar 2021

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

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

Board Members (4)

NameDesignationAppointment DateStatus
Manilal Patel Country flag representing In Director 01-Apr-2013Current
Devchand Patel Country flag representing In Director 01-Apr-2013Current
Harshadkumar Patel Country flag representing In Director 01-Apr-2013Current
Dineshkumar Patel Country flag representing In Director 04-May-2010Current

Financial Performance of Riwasa Tiles.

Riwasa Tiles Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 76.44% decrease. The company also saw a substantial fall in profitability, with a 47.18% decrease in profit. The company's net worth observed a substantial decline by a decrease of 31.42%.

Riwasa Tiles revenue growth over time
Riwasa Tiles 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
-76.44%
Revenue from Operations
-82.76%
Total Assets
-42.65%
Profit or Loss
-47.18%
Net Worth
-31.42%
EBITDA
-122.39%

What is the Ownership and Shareholding Structure of Riwasa Tiles?

In 2021, Riwasa Tiles had a promoter holding of 31.11% and a public holding of 68.89%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹63.86 Cr

Charges Breakdown by Lending Institutions

  • Bank Of Baroda : 63.86 Cr

Latest Charge Details

DateLenderAmountStatus
25 Nov 2013Bank Of Baroda₹31.93 CrSatisfied
15 Jul 2013Bank Of Baroda₹31.93 CrSatisfied

How Many Employees Work at Riwasa Tiles?

Riwasa Tiles has a workforce of 29 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Riwasa Tiles Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Riwasa 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 Riwasa 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 Riwasa Tiles

Recent activity within the organization

  • Annual General Meeting

    Riwasa Tiles Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.

  • Balance Sheet

    Riwasa Tiles Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Ahmedabad.

  • Charges

    A charge registered on 25 Nov 2013 via Charge ID 10463059 with Bank Of Baroda was fully satisfied on 03 Dec 2020.

  • Charges

    A charge registered on 15 Jul 2013 via Charge ID 10438350 with Bank Of Baroda was fully satisfied on 03 Dec 2020.

  • Charges

    A charge with Bank Of Baroda of Rs. 31.93 Cr registered on 25 Nov 2013 with Charge ID 10463059 was modified on 25 Jul 2014.

  • Charges

    A charge with Bank Of Baroda of Rs. 31.93 Cr registered on 15 Jul 2013 with Charge ID 10438350 was modified on 24 Jul 2014.

Frequently asked questions

  • What is the Incorporation or founding date of Riwasa Tiles Limited?

    Riwasa Tiles Limited was incorporated on 04 May 2010.

  • What is authorized share capital and paid-up capital of Riwasa Tiles Limited?

    The authorized share capital of Riwasa Tiles Limited is ₹ 8.00 Cr and paid-up capital is ₹ 7.19 Cr.

  • Who are the current board members & directors of Riwasa Tiles Limited?

    Currently 4 directors are associated with Riwasa Tiles Limited.

    • Devchand Bhai Mulajibhai Patel
    • Harshadkumar Dhirubhai Patel
    • Manilal Punjabhai Patel
    • Dineshkumar Vitthalbhai Patel

  • What is the registered address of Riwasa Tiles Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Riwasa Tiles Limited is 206 Devarcsecondfloornr.Funrepublic Opp-Bigbazar, S.G.R Oad India, Ahmedabad, Gujarat, 380015.

  • What is the corporate identification number (CIN) and company number of Riwasa Tiles Limited?

    The corporate identification number (CIN) of Riwasa Tiles Limited is U26933GJ2010PLC060545 and the company number is 060545 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Riwasa Tiles Limited?

    According to the financial reports for the fiscal year 2021, the revenue trend for Riwasa Tiles Limited has fallen by -76.44%.

  • How many employees does Riwasa Tiles Limited currently have?

    As Per 2021 financial reports, 29 employees are currently employed by Riwasa Tiles Limited.

  • What change has been observed in the net worth of Riwasa Tiles Limited, and by what percentage?

    The financial reports for the fiscal year 2021 indicates that The net worth of Riwasa Tiles Limited has experienced an downturn of -31.42%.

  • When was the last Balance Sheet of Riwasa Tiles Limited filed with the ROC?

    The most recent Balance Sheet for Riwasa Tiles Limited was filed with the ROC on 31 Mar 2021.

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