Swastik Ceracon Limited

This company manufactures various types of tiles and has a wide distribution network.

2005 | Nandasan, Gujarat (India) | Active
Last Updated: July 03, 2024

Swastik Ceracon Profile

Key Indicators

  • Authorised Capital ₹ 23.50 Cr
  • Paid Up Capital ₹ 1.00 M
  • Company Age 20 Year, 22 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.40 Cr
  • Satisfied Charges ₹ 597.13 Cr
  • Revenue Growth -85.89%
  • Profit Growth -2563.72%
  • Ebitda -2280.63%
  • Net Worth 666.28%
  • Total Assets -50.98%

About Swastik Ceracon

Swastik Ceracon Limited (SCL) is a Public Limited Indian Non-Government Company incorporated in India on 31 January 2005 and has a history of 20 years. Its registered office is in Nandasan, Gujarat.

The Corporate was formerly known as Marbolite Granito India 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 2023. It's a company limited by shares with an authorized capital of Rs 23.50 Cr and a paid-up capital of Rs 1.00 M.

The company currently has active open charges totaling ₹1.40 Cr. The company has closed loans amounting to ₹597.13 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Swastik Ceracon Limited India are Hiren Patel as CEO and Ashokkumar Patel as Cfo. Hiren Patel, Purvangkumar Patel, Himanshu Patel, and Two other members serve as directors at the Company.

Company Details

  • Location Nandasan, Gujarat
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    swastiktiles.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U26920GJ2005PLC045383

  • Company No.

    045383

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    31 Jan 2005

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

What products or services does Swastik Ceracon Limited offer?

Swastik Ceracon Limited offers a wide range of products and services, including Wall Tiles, Floor Tiles, Vitrified Tiles, Vitrified Floor Tile, Digital Wall Tiles, Designer Floor Tiles.

Who are the key members and board of directors at Swastik Ceracon?

Executive Team (2)

NameDesignationAppointment DateStatus
Hiren Patel CEO28-Jul-2022Current
Ashokkumar Patel CFO28-Jul-2022Current

Board Members (3)

NameDesignationAppointment DateStatus
Purvangkumar Patel Country flag representing In Additional Director Current
Himanshu Patel Country flag representing In Additional Director Current
Pradipkumar Patel Country flag representing In Director 20-Jun-2022Current

Financial Performance of Swastik Ceracon.

Swastik Ceracon Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 85.89% decrease. The company also saw a substantial fall in profitability, with a 2563.72% decrease in profit. The company's net worth Soared by an impressive increase of 666.28%.

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
-85.89%
Revenue from Operations
-86.26%
Total Assets
-50.98%
Profit or Loss
-2563.72%
Net Worth
666.28%
EBITDA
-2280.63%

What is the Ownership and Shareholding Structure of Swastik Ceracon?

In 2023, Swastik Ceracon had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1.40 Cr

Satisfied Charges

₹597.13 Cr

Charges Breakdown by Lending Institutions

  • Reliance Capital Ltd : 1.40 Cr

Latest Charge Details

DateLenderAmountStatus
06 Nov 2015Reliance Capital Ltd₹1.40 CrOpen
30 Mar 2016Others₹2.58 CrSatisfied
15 Mar 2016Dena Bank₹121.89 CrSatisfied
15 Mar 2016Dena Bank₹121.89 CrSatisfied
29 Oct 2015Deutsche Bank Ag₹5.10 CrSatisfied

How Many Employees Work at Swastik Ceracon?

Swastik Ceracon has a workforce of 3 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Swastik Ceracon, 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 Swastik Ceracon'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 Swastik Ceracon

Recent activity within the organization

  • Charges

    A charge registered on 29 Oct 2015 via Charge ID 10606700 with Deutsche Bank Ag was fully satisfied on 19 Jan 2024.

    19 Jan 2024

  • Charges

    A charge registered on 28 Oct 2015 via Charge ID 10620881 with Deutsche Bank Ag was fully satisfied on 19 Jan 2024.

    19 Jan 2024

  • Annual General Meeting

    Swastik Ceracon Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge registered on 15 Mar 2016 via Charge ID 100020007 with Dena Bank was fully satisfied on 24 Jul 2023.

    24 Jul 2023

  • Charges

    A charge registered on 15 Mar 2016 via Charge ID 100019848 with Dena Bank was fully satisfied on 24 Jul 2023.

    24 Jul 2023

  • Balance Sheet

    Swastik Ceracon Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

Frequently asked questions

  • Swastik Ceracon Limited was incorporated on 31 Jan 2005.

  • The authorized share capital of Swastik Ceracon Limited is ₹ 23.50 Cr and paid-up capital is ₹ 1.00 M.

  • Currently 7 directors are associated with Swastik Ceracon Limited.

    • Hiren Ramanlal Patel
    • Ashokkumar Bahecharbhai Patel
    • Hiren Ramanlal Patel
    • Purvangkumar Bipinchandra Patel
    • Himanshu Babulal Patel
    • Ashokkumar Bahecharbhai Patel
    • Pradipkumar Dahyabhai Patel
  • As per Ministry of Corporate Affairs (Mca), the registered address of Swastik Ceracon Limited is Survey No. 1071-74 At- -Mehsana Road N.H.-8 Ta-Kadi, India, Nandasan, Gujarat, 380706.

  • The corporate identification number (CIN) of Swastik Ceracon Limited is U26920GJ2005PLC045383 and the company number is 045383 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Swastik Ceracon Limited is https://www.swastiktiles.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Swastik Ceracon Limited has fallen by -85.89%.

  • As Per 2023 financial reports, 3 employees are currently employed by Swastik Ceracon Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Swastik Ceracon Limited has experienced an upsurge of 666.28%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Swastik Ceracon Limited amount to ₹ 1.40 Cr.

  • The most recent Balance Sheet for Swastik Ceracon Limited was filed with the ROC on 31 Mar 2023.

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