Thakar Associates Private Limited
About Thakar Associates Private Limited
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Thakar Associates Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the rental and leasing services segment of the construction sector. It was incorporated on 09 April 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U45500PN2019PTC183413.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹50,000. It is led by directors Swastik Thakar and Amruta Swastik Thakar.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Pune, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.52 Cr, a decline of 16% compared to the previous year. For the same year it recorded a net profit of ₹7.16 Lakh (net margin 4.7%) and EBITDA of ₹8.05 Lakh (EBITDA margin 5.3%). Revenue has grown at a compounded annual rate (CAGR) of 75% over three years.
The company has about 7 employees on its provident fund (EPFO) records.
Company details
Contact details
Thakar Associates Private Limited's registered office is in Pune, Maharashtra.
- Registered AddressPlot No 9 Mulberry Garden 3, Magarpatta City Hadapsar, Pune, Maharashtra, India – 411013
- IndustryConstruction, Renting, Construction Or Demolition Equipment
- 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
Business activity
The main business activity of Thakar Associates is construction. In detail, this covers specialized construction activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | 43 | Specialized construction activities |
To see the full business activity and turnover split of Thakar Associates Private Limited, buy the company report.
Financials of Thakar Associates Private Limited
FY 2025 filings availableThakar Associates Private Limited reported revenue of ₹1.52 Cr (down 16% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 16% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 75%. EBITDA rose 309% 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 |
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| EBITDA | ₹8.05 Lakh | ||||
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| Net Profit (PAT) | ₹7.16 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 5.3% | ||||
| Net Profit Margin | 4.7% | ||||
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To see the full financial statements and ratios of Thakar Associates Private Limited, buy the company report.
Board of directors of Thakar Associates Private Limited
Thakar Associates has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Swastik Thakar | Director | 09 Apr 2019 | 7 Years 6 Months | Current |
| Amruta Swastik Thakar | Director | 30 Sep 2024 | 2 Years 1 Months | Current |
Legal cases
No court or tribunal cases involving Thakar Associates Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Thakar Associates Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Thakar Associates Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Thakar Associates Private Limited has 3 board changes on record since 2019: 2 appointments and 1 cessation. The latest: Amruta Swastik Thakar was appointed as Director on 30 Sep 2024.
Frequently asked questions
Thakar Associates is an active private limited company based in Pune, Maharashtra, India. The company works in renting, within the construction industry. It was incorporated on 09 April 2019 (7+ years old) and is registered under CIN U45500PN2019PTC183413.
Thakar Associates has 2 current directors:
- Swastik Thakar - Director
- Amruta Swastik Thakar - Director
The latest financial statements of Thakar Associates on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2020 are in the company report.
The CIN (Corporate Identification Number) of Thakar Associates is U45500PN2019PTC183413. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Thakar Associates was incorporated on 09 April 2019, making it 7+ years old. It is registered with the Registrar of Companies, Pune.
Amruta Swastik Thakar was appointed as Director on 30 Sep 2024. Prasad Dattatrya Thakar ceased to be Director on 22 Jul 2024. Swastik Thakar was appointed as Director on 09 Apr 2019.
The registered office of Thakar Associates is at Plot No 9 Mulberry Garden 3, Magarpatta City Hadapsar, Pune, Maharashtra, India – 411013.
Thakar Associates operates in the construction industry, in the renting segment.
Thakar Associates can be reached at its registered office: Plot No 9 Mulberry Garden 3, Magarpatta City Hadapsar, Pune, Maharashtra, India – 411013.
Thakar Associates is registered under the jurisdiction of the Registrar of Companies (ROC), Pune.
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