Welcome Tiles Private Limited

Manufacturer of various sized wall tiles for commercial and residential buildings.

2013 | Rajkot, Gujarat (India) | Active
Last Updated: November 16, 2024

Welcome Tiles Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 4.70 Cr
  • Company Age 12 Year, 20 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 8.61 Cr
  • Satisfied Charges ₹ 12.35 Cr
  • Revenue Growth -14.18%
  • Profit Growth 144.69%
  • Ebitda 21.89%
  • Net Worth 1.66%
  • Total Assets 1.95%

About Welcome Tiles

Welcome Tiles Private Limited (WTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 23 January 2013 and has a history of 12 years. Its registered office is in Rajkot, Gujarat, India.

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 2024. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 4.70 Cr.

The company currently has active open charges totaling ₹8.61 Cr. The company has closed loans amounting to ₹12.35 Cr, as per Ministry of Corporate Affairs (MCA) records.

Bhavesh Goriya, Jayantilal Bhalodiya, and Ashwin Dashadiya serve as directors at the Company.

Company Details

  • Location

    Rajkot, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    welcometiles.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U26933GJ2013PTC073445

  • Company No.

    073445

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Jan 2013

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

What products or services does Welcome Tiles Private Limited offer?

Welcome Tiles Private Limited offers a wide range of products and services, including Vitrified,Ceramic Floor & Wall Tiles, Floor Tiles, Designer Tiles.

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

Board Members (3)

Name Designation Appointment Date Status
Bhavesh Goriya Country flag representing In Director 03-Dec-2019 Current
Jayantilal Bhalodiya Country flag representing In Director 30-Sep-2022 Current
Ashwin Dashadiya Country flag representing In Director 23-Apr-2018 Current

Financial Performance of Welcome Tiles.

Welcome Tiles Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 14.18% decrease. The company also saw a substantial improvement in profitability, with a 144.69% increase in profit. The company's net worth moved up by a moderate rise of 1.66%.

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
-14.18%
Revenue from Operations
-14.06%
Total Assets
1.95%
Profit or Loss
144.69%
Net Worth
1.66%
EBITDA
21.89%

What is the Ownership and Shareholding Structure of Welcome Tiles?

In 2023, Welcome Tiles 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

₹8.61 Cr

Satisfied Charges

₹12.35 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 8.61 Cr

Latest Charge Details

Date Lender Amount Status
26 Jul 2017 Axis Bank Limited ₹8.61 Cr Open
21 Jun 2013 Bank Of Baroda ₹12.35 Cr Satisfied

How Many Employees Work at Welcome Tiles?

Welcome Tiles has a workforce of 16 employees as of Apr 02, 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 Welcome 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 Welcome 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 Welcome Tiles

Recent activity within the organization

  • Annual General Meeting

    Welcome Tiles Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Welcome Tiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Director Appointment

    Jayantilal Chaturbhai Bhalodiya was appointed as a Director was appointed as a Director on 30 Sep 2022 & has been associated with this company since 2 years 4 months .

    30 Sep 2022

  • 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.

    04 Aug 2020

  • Director Appointment

    Bhavesh Haribhai Goriya was appointed as a Director was appointed as a Director on 03 Dec 2019 & has been associated with this company since 5 years 2 months .

    03 Dec 2019

  • Director Appointment

    Ashwin Haribhai Dashadiya was appointed as a Director was appointed as a Director on 23 Apr 2018 & has been associated with this company since 6 years 9 months .

    23 Apr 2018

Frequently asked questions

  • Welcome Tiles Private Limited was incorporated on 23 Jan 2013.

  • The authorized share capital of Welcome Tiles Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 4.70 Cr.

  • Currently 3 directors are associated with Welcome Tiles Private Limited.

    • Bhavesh Haribhai Goriya
    • Jayantilal Chaturbhai Bhalodiya
    • Ashwin Haribhai Dashadiya
  • As per Ministry of Corporate Affairs (Mca), the registered address of Welcome Tiles Private Limited is Survey No. 297 Tal.: Morbi India, Rangpar, Gujarat, 363642.

  • The corporate identification number (CIN) of Welcome Tiles Private Limited is U26933GJ2013PTC073445 and the company number is 073445 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Welcome Tiles Private Limited is https://www.welcometiles.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Welcome Tiles Private Limited has fallen by -14.18%.

  • As Per 2023 financial reports, 16 employees are currently employed by Welcome Tiles Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Welcome Tiles Private Limited has experienced an upsurge of 1.66%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Welcome Tiles Private Limited amount to ₹ 8.61 Cr.

  • The most recent Balance Sheet for Welcome Tiles Private Limited was filed with the ROC on 31 Mar 2024.

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