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Mb Ceramic LLP

📍 Gujarat, India Active Cement, Building Materials & Polymers
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Key Metrics of Mb Ceramic LLP

Competitors10identified

About Mb Ceramic LLP

Sectors

Cement, Building Materials & PolymersTiles & Ceramics

Company details

Operational Areas of Mb Ceramic LLP

Cement, Building Materials & Polymers›Tiles & Ceramics

Company summary

Entity details

CIN—
LEI code—
State code—
PIN code—
Current legal nameMB CERAMIC LLP
Classification—
Listing status—
Registration no.—
Company age—
PAN—
CountryIndia
City—
StateGujarat
Current statusACTIVE
Date of incorporation—
Registrar of companies—
Authorised capital—
Paid-up capital—
Employee count—

Compliance

Last AGM date—
Last balance sheet—
Next filing dueAOC-4 for FY 2025-26 · 30 Oct 2026

Industry classification

NIC code—
Description of main activity—
Description of business activity—
SectorCement, Building Materials & Polymers · Tiles & Ceramics
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Financials, ratios and risk analysis

Revenue, EBITDA, net profit, net worth, debt and assets for every filing year, 15+ ratios, the financial health score, shareholding, charges and peer comparison are part of the premium plan.

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Filing compliance

AGM for FY 2025-2630 Sep 2026 Statutory due date passed
AOC-4 for FY 2025-2630 Oct 2026 Statutory due date · 0 days left
MGT-7 for FY 2025-2629 Nov 2026 Statutory due date · 30 days left

Due dates follow the Companies Act: AGM within six months of the year end, AOC-4 within 30 days and MGT-7 within 60 days of the AGM. A filing made but not yet uploaded here shows as pending.

Vendor checks & payment capacity

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Credit ratings

ICRA · 24 Apr 2026 ICRA B+ Stable outlook · Non-cooperating
Change in last 12 months—
Change since first rating on record—since Apr 2026
Rating actions10 up · 0 down

WatchIssuer not cooperating with ICRA (rating based on limited information)

Rating history

Rating actions

DateAgencyActionLong termShort termOutlookRated amountRationale
24 Apr 2026ICRANon-cooperating B+—Stable₹11.2 Cr View

Established in January 2018, M B Ceramic LLP (MBCL) manufactures heavy-duty parking floor tiles at Kharkrechi, Morbi (Gujarat). The manufacturing unit of MBCL has an annual installed production capacity of 40,500 MT i.e. ~4,500 Boxes/ per day and ~13,50,000 boxes annually. The firm commenced its commercial operations from May 2019. At present, MBCL manufactures parking floor tiles in the dimension of 300mmx300mm, 400mmx400m and 400mmx 800mm. The firm has also started manufacturing parking tiles in size of 400mmx1200mm from January 2020, which supports diversification in product offering. The partners have extensive experience in the ceramic industry vide their association with other entities. The partners of the MBCL are also associated with the other tile manufacturing companies, namelyLuton Ceramic Pvt. Ltd., Capson Vitrified Private Limited, Lancer Ceramic Private Limited, Capson Impex Private Limited, Capron Vitrified Private Limited and Aricon Papers Private Limited.

Borrowings & rated debt

Rated borrowing limits (latest)₹11.2 Cr
Limits raised0 times0 new facilities rated

Facility mix

Rated facilities

FacilityTypePreviousCurrentChangeRatingActionAgency
Long Term-Fund Based-Cash Credit continues to remain under ‘ ’ Long TermWorking capital & bank lines₹3.00 Cr₹3.00 Cr0.0% B+ (Stable)Non-cooperatingICRA
Fund Based-TermWorking capital & bank lines₹8.17 Cr₹8.17 Cr0.0% B+ (Stable)Non-cooperatingICRA

Credit assessment · Cement

CARE Ratings’ Criteria for Rating Cement Companies (Sep 2024) · Standalone accounts

Indicative long-term—
Indicative short-term—
Score—
LiquidityNot assessable
DirectionStableAgency outlook: Stable
ICRA rating · Apr 2026B+

Ratios, pillar scores and the indicative rating are part of Premium.

Rating status

DefaultNo default on record
Issuer cooperationNot cooperating since 24 Apr 2026 (6 months) – investment grade cannot be retained
Credit enhancementNone – standalone rating
Next action stable or better (model)39%
Information on file22% · missing: Audited financial statements (last 18 months), Annual results history (3+ years), Liquidity position, Debt obligations and repayment schedule, Capex / investment plans, Auditor details, Shareholding pattern

Indicative assessment from public data using the published methodology factors; not a credit rating.

Borrowing & funding lifecycle

⬇ PDF report⬇ Excel
Can it borrow more?Further bank funding difficult Next rating action stable or better: 39% (Downgrade likely) · ML model on 4072 rating histories, AUC 0.666
Rated limits₹11.17 Cr
Not yet allocated—
Extra debt within 2.5× EBITDA—
Interest coverage—
Limit utilisation—
Open bank charges0 · —
  • Credit outlook model: 39% chance the next rating action is stable or better
  • Current rating B+ (below investment grade)
  • Issuer not cooperating with the rating agency

Rated limits by facility

Timeline

24 Apr 2026 ICRA non-cooperating: B+ (Stable)Rated limits ₹11.17 cr ICRA rationale

Lender names, bank charges and audited borrowings are part of Premium.

Built from MCA charges, ICRA/CARE rating reports and audited accounts. The borrowing view is an estimate, not a lender's credit decision.

Registered office and contact

Registered officeRajkot
GSTIN—
Email—
Website—
Members / shareholders—

Directors and key people

Directors are read from the MGT-7 annual return and AOC-4 signatories.

Competitors of Mb Ceramic LLP

Competitors10identified
Locations6most in Gujarat

Top competitors by location

CompanyDescriptionDomainFoundedLocation
Prism Johnson Limited Tiles & Ceramics · Cement, Building Materials & Polymers prismjohnson.in — Hyderabad, India
Kajaria Ceramics Limited Sanitaryware & Bath Fittings · Cement, Building Materials & Polymers kajariaceramics.com — Gurgaon, Delhi, India
Somany Ceramics Limited Sanitaryware & Bath Fittings · Cement, Building Materials & Polymers somanyceramics.com — Kolkata, West Bengal, India
Asian Granito India Limited Sanitaryware & Bath Fittings · Cement, Building Materials & Polymers aglasiangranito.com — Ahmedabad, Gujarat, India
Varmora Granito Limited Sanitaryware & Bath Fittings · Cement, Building Materials & Polymers varmora.com — Rajkot, Gujarat, India
Orientbell Tiles & Ceramics · Cement, Building Materials & Polymers orientbell.com — India
Nitco Limited Discovered Companies · Other Industries nitco.in — Mumbai, Maharashtra, India
Exxaro Tiles Limited Tiles & Ceramics · Manufacturing (Metals and Chemicals, and products thereof) exxarotiles.com — Talod, Gujarat, India
Murudeshwar Ceramics Limited Discovered Companies · Other Industries naveen.in — Hubli, Karnataka, India
Sanskar Ceramics Private Limited Tiles & Ceramics · Cement, Building Materials & Polymers — — Gujarat, India

Similar companies

Charges (secured borrowings)

0 registered charges. Lenders, amounts and dates are part of the premium plan.

Statutory auditors

Auditors are read from the AOC-4 auditor's report section.

Business activities and related parties

Principal business activities and related-party transactions are read from MGT-7 and AOC-4 filings.

Filings

No filings on record yet.