Thistle Life Private Limited
About Thistle Life Private Limited
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Thistle Life Private Limited is a private limited company based in Bhopal, Madhya Pradesh, India. It operates in the water collection and management segment of the water treatment and management sector. It was incorporated on 01 September 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U41000MP2020PTC052600.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Rajni Nair and Bhaskar Verma.
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 155 Fine Avenue Phase – 1 Nayapura Kolar Road, Bhopal, Madhya Pradesh, India – 462042.
As per the financials filed for FY 2025, the company reported a revenue of ₹95.13 Lakh, a decline of 78% compared to the previous year. For the same year it recorded a net profit of ₹10.71 Lakh (net margin 11.3%) and EBITDA of ₹15.95 Lakh (EBITDA margin 16.8%). Revenue has grown at a compounded annual rate (CAGR) of 292% over three years.
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- Registered Address155 Fine Avenue Phase – 1 Nayapura Kolar Road, Bhopal, Madhya Pradesh, India – 462042
- IndustryWater Treatment, Water Collection, Purification & Distribution
- 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
- One PDF report, delivered after checkout
Business Activity of Thistle Life Private Limited
The main business activity of Thistle Life is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Thistle Life Private Limited FY 2025 filings available
Thistle Life Private Limited reported revenue of ₹95.13 Lakh (down 78% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Thistle Life Private Limited
Revenue fell 78% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 292%. EBITDA fell 80% 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 of Thistle Life Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹15.95 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹10.71 Lakh | •••• | •••• | •••• | •••• |
| 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 of Thistle Life Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 16.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 11.3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Thistle Life are in the company report.
Financial statements from FY 2021
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Thistle Life Private Limited
Thistle Life has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajni Nair Also directs: Thistle Cleantech Private Limited, GRPL Renewables Private Limited, Grapp Energy Ventures Private Limited and 1 more | Director | 01 Sep 2020 | 6 Years 1 Months | Current |
| Bhaskar Verma Also directs: Thistle Cleantech Private Limited | Director | 05 Dec 2024 | 1 Years 10 Months | Current |
| Anju Sood Also directs: Thistle Cleantech Private Limited, GRPL Renewables Private Limited, Grapp Energy Ventures Private Limited and 1 more | Director | 01 Sep 2020 | 6 Years 1 Months | Current |
| Manish Rawal | Director | 01 Apr 2025 | 1 Years 6 Months | Current |
Peer Comparison of Thistle Life Private Limited
Thistle Life Private Limited is compared with the companies closest to it by revenue in the Infrastructure industry (Power Projects). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Voltrans Energy Private Limited | ₹97.31 Lakh (FY 2024) | •••• | •••• | 3307.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Rhymer Urban Constructions Private Limited | ₹96.55 Lakh (FY 2025) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Fortune5 Power Projects Private Limited | ₹96.52 Lakh (FY 2025) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Neoclean Power Private Limited | ₹96.35 Lakh (FY 2025) | •••• | •••• | 283.0% | •••• | Bangalore, Karnataka, India |
| Oe Rooftops One Private Limited | ₹95.39 Lakh (FY 2025) | •••• | •••• | 22.0% | •••• | Delhi, India |
| Thistle Life Private Limited this company | ₹95.13 Lakh (FY 2025) | •••• | •••• | -78.0% | •••• | Bhopal, Madhya Pradesh, India |
| SMH Infrastructure Private Limited | ₹93.13 Lakh (FY 2025) | •••• | •••• | 16.0% | •••• | Kolkata, West Bengal, India |
| Sea Sindu Green Energy Private Limited | ₹92.98 Lakh (FY 2023) | •••• | •••• | -2.0% | •••• | Gobichettipalayam, Tamil Nadu, India |
| Laurus Green Power Private Limited | ₹92.37 Lakh (FY 2025) | •••• | •••• | -6.0% | •••• | Chennai, Tamil Nadu, India |
| Jai Balaji Power Projects & Engg Private Limited | ₹91.69 Lakh (FY 2025) | •••• | •••• | 122.0% | •••• | Kolkata, West Bengal, India |
| Shakti Punj Engineers Private Limited | ₹91.57 Lakh (FY 2024) | •••• | •••• | -36.0% | •••• | Raipur, Chhattisgarh, India |
Peers are the five companies nearest above and the five nearest below Thistle Life by revenue in the Infrastructure industry (Power Projects), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Charges & Borrowings of Thistle Life Private Limited
Thistle Life Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Thistle Life Private Limited
Employment history and EPFO contributions of people linked to Thistle Life.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Thistle Life Private Limited
Thistle Life Private Limited has 4 board changes on record since 2020: 4 appointments. The latest: Manish Rawal was appointed as Director on 01 Apr 2025.
Credit Ratings, Litigation & Regulatory Alerts for Thistle Life Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Thistle Life Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Thistle Life Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Thistle Life Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Thistle Life Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Thistle Life Private Limited
Thistle Life is an active private limited company based in Bhopal, Madhya Pradesh, India. The company works in water collection, within the water treatment industry. It was incorporated on 01 September 2020 (6+ years old) and is registered under CIN U41000MP2020PTC052600.
Thistle Life reported revenue of ₹95.13 Lakh for FY 2025 (down 78% YoY).
Thistle Life has 4 current directors:
- Rajni Nair - Director
- Bhaskar Verma - Director
- Anju Sood - Director
- Manish Rawal - Director
Thistle Life reported a net profit of ₹10.71 Lakh (net margin 11.3%) and EBITDA of ₹15.95 Lakh (EBITDA margin 16.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Thistle Life is 292% over three years. In the latest year (FY 2025) revenue fell 78%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Thistle Life is U41000MP2020PTC052600. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Thistle Life was incorporated on 01 September 2020, making it 6+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Thistle Life by revenue are Voltrans Energy Private Limited, Rhymer Urban Constructions Private Limited, Fortune5 Power Projects Private Limited, Neoclean Power Private Limited, Oe Rooftops One Private Limited and 5 more, all in the Infrastructure industry (Power Projects).
Manish Rawal was appointed as Director on 01 Apr 2025. Bhaskar Verma was appointed as Director on 05 Dec 2024. Anju Sood was appointed as Director on 01 Sep 2020. Thistle Life has 4 board changes on record in total.
The registered office of Thistle Life is at 155 Fine Avenue Phase – 1 Nayapura Kolar Road, Bhopal, Madhya Pradesh, India – 462042.
Thistle Life has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.