About Tata Industries Limited
Data last updated:
Tata Industries Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the core investment companies segment of the financial services sector. It was incorporated on 07 April 1945 and has been in existence for over 81 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U44003MH1945PLC004403. Its GSTIN is 27AAACT4058L1Z2 (Maharashtra). The company holds 36 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹1,160 Cr and a paid-up capital of ₹1,079.55 Cr. It was formerly known as Tata Industries Private Limited. It is led by directors including Kanwar Rameshwar Singh Jamwal (Whole-Time Director) and Sucharita Choudhury.
Its last annual general meeting (AGM) was held on 12 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Tata Industries Ltd Bombay House 24 Homi Mody Street, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2024, the company reported a revenue of ₹318.13 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net loss of ₹535.1 Cr (net margin -168.2%) and EBITDA of ₹174.03 Cr (EBITDA margin 54.7%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years and 4% over five years.
The company has about 240 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary and 3 joint ventures.
The company is associated with 4 brands: Tata Health, Tata Class Edge, Juski and Tata. Court records list 86 cases involving the company, including 50 filed by the company and 36 filed against it; 19 cases are pending. The company has 10 deals on record (6 secondary share transfers, 2 debt financings, 1 funding round), with disclosed funding of ₹1,950.4 Cr; the latest was in April 2022. Its 8 peer companies in the BFSI industry (Core Investment Companies, Large NBFC), with the same principal business activity (other financial activities) are compared by revenue, 3 larger and 5 smaller; the largest is Arise Investments and Capital Private Limited with revenue of ₹330.47 Cr. The company has 5 MSME Form 1 returns on record between 2018 and 2023, listing 53 overdue payments to 7 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tata.com.
Company details
CIN history
Tata Industries has one previous CIN (Corporate Identification Number): L44003MH1945PLC004403. The current CIN is U44003MH1945PLC004403, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U44003MH1945PLC004403 | Current |
| L44003MH1945PLC004403 | Previous |
Contact details
Tata Industries Limited's registered office is in Mumbai, Maharashtra. Its website is tata.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressTata Industries Ltd Bombay House 24 Homi Mody Street, Mumbai, Maharashtra, India – 400001
- IndustryFinancial Services, Core Investment Companies, NBFC
To see the full contact details of Tata Industries Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Tata Industries operates multiple associated brands including Tata Health, Tata Class Edge, and Juski. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers enterprise solutions for doctors and clinics. | tatahealth.com | |
| Provides digital curriculum and technology for school teaching and learning in India. | tataclassedge.com | |
| Operates a direct-to-consumer brand specializing in face mask products. | juski.co.in | |
| Multiple industries are operated in by the diversified Tata conglomerate. | tata.com |
Business activity
The main business activities of Tata Industries are financial and insurance service, professional, scientific and technical and hospital and medical care. 4 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | |
| M | Professional, Scientific and Technical | M3 | Management consultancy activities | |
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | |
| Q | Hospital and Medical Care | Q6 | Other Hospital and Medical Care Activities |
To see the full business activity and turnover split of Tata Industries Limited, buy the company report.
Financials of Tata Industries Limited
FY 2025 filings availableTata Industries Limited reported revenue of ₹318.13 Cr (down 6% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 4% over five years, including a 6% fall in the latest year. EBITDA rose 28% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹174.03 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹535.1 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 54.7% | ||||
| Net Profit Margin | -168.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Tata Industries Limited, buy the company report.
Board of directors and KMP of Tata Industries Limited
Tata Industries Limited currently reports 3 directors and 2 key managerial personnel. 23 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kanwar Rameshwar Singh Jamwal Also directs: Tata Medical and Diagnostics Limited, Impetis Biosciences Limited, Tata Classedge Limited and 1 more | Whole-Time Director | 01 Jul 2015 | 11 Years 3 Months | Current |
| Sucharita Choudhury | Director | 14 Jul 2025 | 1 Years 3 Months | Current |
| Tarun Dayal Bhojwani | Cfo | 21 Feb 2025 | 1 Years 8 Months | Current |
| Sneha Nirmallal Valeja | Company Secretary | 21 Feb 2025 | 1 Years 8 Months | Current |
| Eruch Noshir Kapadia | Director | 28 Apr 2023 | 3 Years 6 Months | Current |
Peer comparison
Tata Industries Limited is compared with the 8 companies closest to it by revenue in the BFSI industry (Core Investment Companies, Large NBFC), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Arise Investments and Capital Private Limited | ₹330.47 Cr (FY 2025) | 9.0% | Coimbatore, Tamil Nadu, India | |||
| Diwakar Viniyog Private Limited | ₹323.83 Cr (FY 2019) | 777.0% | Kolkata, West Bengal, India | |||
| Morgan Stanley India Primary Dealer Private Limited | ₹322.66 Cr (FY 2018) | 32.0% | Mumbai, Maharashtra, India | |||
| Tata Industries Limitedthis company | ₹318.13 Cr (FY 2024) | -₹535.1 Cr | -168.2% | -6.0% | 240 | Mumbai, Maharashtra, India |
| KLM Axiva Finvest Limited | ₹315.92 Cr (FY 2024) | 13.0% | Hyderabad, Telangana, India | |||
| A. K. Capital Finance Limited | ₹313.89 Cr (FY 2024) | 25.0% | Mumbai, Maharashtra, India | |||
| Tata Investment Corporation Limited | ₹310.75 Cr (FY 2018) | 15.0% | Mumbai, Maharashtra, India | |||
| Niyogin Fintech Limited | ₹309.02 Cr (FY 2025) | 56.0% | Chennai, Tamil Nadu, India | |||
| Premier Ferro Alloys & Securities Limited | ₹307.73 Cr (FY 2019) | 2673.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Tata Industries Limited, buy the company report.
Auditor
Tata Industries Limited is audited by BSR & Associates LLP for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BSR & Associates LLP | FY 2018 | 101248W/W-100022 |
Shareholding
The shareholding of Tata Industries Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Tata Industries Limited, buy the company report.
Deals & funding
Tata Industries Limited has 10 deals on record (6 secondary share transfers, 2 debt financings, 1 funding round), with disclosed funding of ₹1,950.4 Cr; the latest was in April 2022.
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2022 | Secondary share transfer | Undisclosed | Buyer: The Tata Power Company Limited Seller: Af-Taab Investment Company Limited |
| Mar 2021 | Debt financing | ₹750 Cr | Investors: Birla Sunlife Mutual Fund, Kotak Mutual Fund, Aditya Birla Finance Limited |
| Apr 2018 | Acquisition | ₹80 Cr | Buyer: MPS Limited |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: Tata Motors Finance Limited Seller: TMF Business Services Limited |
| Jun 2017 | Debt financing | ₹250 Cr | Investors: Kotak Mutual Fund, Birla Sunlife Mutual Fund, Aditya Birla Finance Limited |
To see the full deal history of Tata Industries Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Tata Industries Limited has 86 court cases on record: 50 filed by Tata Industries, 36 filed against it. 19 cases are pending and 67 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 55 | 27 | 12 |
| District courts | 25 | 7 | 6 |
| Supreme Court | 6 | 2 | 1 |
Cases on record (5 of 86)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1006-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Others) | Filed against the company by Cyrus Investments Pvt. Ltd. Through Its Managing Director Esplanade House, Hajarimal Somani Marg, Fort, Mumbai ,Mumbai , Maharashtra | Disposed |
| Supreme Court | Court case (1006-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Others) | Filed by the company against Cyrus Investments Pvt. Ltd. Director Esplanade House, Hajarimal Somani Marg, Fort , District: . ,New Delhi , Delhi and 26 others | Disposed |
| Supreme Court | Court case (1100-Arbitration Matters : SLPs challenging Arbitration Matters) | Filed by the company against Grasim Industries Ltd. | Disposed |
| Bombay High Court | Court case (APP) | Filed by the company against Grasim Industries Ltd. | Disposed |
| Bombay High Court | Court case (NMA) | Filed by the company against Grasim Industries Ltd. | Disposed |
To see the full case history of Tata Industries Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Tata Industries Limited was last rated by Care on 03 Apr 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 03 Apr 2019 |
To see the full credit ratings and regulatory alerts of Tata Industries Limited, buy the company report.
MSME payment delays
Tata Industries Limited has 5 MSME Form 1 returns on record between 2018 and 2023, listing 53 overdue payments to 7 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 7)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Workline Private Limited | |||
| Unitech Infosys | |||
| Dew Solutions Private Limited | |||
| Digital Web Analytics and Optimizat | |||
| Stetig Consulting Private Limited |
To see the full MSME payment records of Tata Industries Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Tata Industries has 1 subsidiary company, 3 joint ventures, and 6 associated companies. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Tata Classedge Limited | U80301MH2022PLC391776 |
To see the full group structure of Tata Industries Limited, buy the company report.
Employees & EPFO
Tata Industries Limited has a workforce of 240 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
GST
Tata Industries has 36 GST registrations: 2 active and 34 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACT4058L1Z2 | Maharashtra | Active | 01 Jul 2017 |
| 29AAACT4058L1ZY | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Tata Industries Limited, buy the company report.
Recent activity
Tata Industries Limited has 51 board changes on record since 1975: 28 appointments and 23 cessations. The latest: Farokh Nariman Subedar ceased to be Director on 30 Sep 2025.
42 earlier events are in the company report.
News
Frequently asked questions
Tata Industries is an active public limited company based in Mumbai, Maharashtra, India. The company works in core investment companies, within the financial services industry. It was incorporated on 07 April 1945 (81+ years old) and is registered under CIN U44003MH1945PLC004403.
Tata Industries has 5 current directors and KMP:
- Kanwar Rameshwar Singh Jamwal - Whole-Time Director
- Sucharita Choudhury - Director
- Eruch Noshir Kapadia - Director
- Tarun Dayal Bhojwani - Cfo
- Sneha Nirmallal Valeja - Company Secretary
The latest financial statements of Tata Industries on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 12 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Tata Industries is 27AAACT4058L1Z2, registered in Maharashtra. The company has 36 GST registrations in all, of which 2 are active and 34 are cancelled or inactive. Other active GSTINs include 29AAACT4058L1ZY (Karnataka).
The CIN (Corporate Identification Number) of Tata Industries is U44003MH1945PLC004403. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tata Industries has 86 court cases on record: 50 filed by the company and 36 filed against it. 19 are pending. Most are in the high courts.
Tata Industries was incorporated on 07 April 1945, making it 81+ years old. It is registered with the Registrar of Companies, Mumbai.
Tata Industries has 10 deals on record (6 secondary share transfers, 2 debt financings, 1 funding round), with disclosed funding of ₹1,950.4 Cr; the latest was in April 2022.
The peers of Tata Industries by revenue are Arise Investments and Capital Private Limited, Diwakar Viniyog Private Limited, Morgan Stanley India Primary Dealer Private Limited, KLM Axiva Finvest Limited, A. K. Capital Finance Limited and 3 more, all in the BFSI industry (Core Investment Companies, Large NBFC), with the same principal business activity (other financial activities).
Farokh Nariman Subedar ceased to be Director on 30 Sep 2025. Sucharita Choudhury was appointed as Director on 14 Jul 2025. Aarthi Subramanian ceased to be Director on 30 Apr 2025. Tata Industries has 51 board changes on record in total.
Tata Industries has 5 MSME Form 1 returns on record between 2018 and 2023, listing 53 overdue payments to 7 micro and small suppliers. The latest return was filed on 05 Nov 2023.
Tata Industries can be reached through the website tata.com. Its registered office is in Mumbai, Maharashtra, India.