About Theis
Theis is a company based in Navsari (India) founded in 1968, and was acquired by BDK Valves in July 2023. It operates as a manufacturer of cold hot rolled solid steel. The company has 91 employees. Its Indian entity Thiese Precision Private Limited reported revenue of βΉ216 Cr.
Company details
The company was founded in 1968 and is engaged in the steel manufacturing sector. Operations focus on the production of solid steel through cold and hot rolling processes. Based in Navsari, India, the firm handles the full cycle of steel fabrication for industrial applications. Expertise is applied in maintaining quality standards within the domestic market, with activities centered on reliable supply chains for rolled steel products.
- Headquarters Navsari, India
- Employees 91
- Stage Acquired
- Emailβ’β’β’β’β’β’β’β’
- Phoneβ’β’β’β’ β’β’β’β’
- Website theis.co.in
- Social LinkedIn Instagram
- Acquired by BDK Valves (Jul 2023)
- Legal Name Thiese Precision Private Limited
- Date of Incorporation 22 Mar, 2007
- Jurisdiction Navsari, Gujarat, India
- Annual Revenue₹216 Cr
FY 2025 · -13% YoY
- Net Profit₹6.34 Cr
FY 2025 · 3% margin
- EBITDA₹18.69 Cr
FY 2025 · 9% margin
- InvestorsFN Steel
& 2 more
- Employee Count91
- Acquired by
Associated legal entities of Theis
Theis operates through Thiese Precision Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Thiese Precision Private Limited CIN U27310GJ2007PTC054838 | Active | 22 Mar 2007 | Navsari, Gujarat | ₹216 Cr | 91 | 6 | View details |
Investors in Theis
Theis has secured backing from 3 investors. Prominent investors backing the company include FN Steel, GuruKrupa Group and BDK Valves.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Customized long steel products are manufactured for various applications. | 1938 | fnsteel.eu | Alblasserdam, Netherlands | |
Manufactures industrial valves and offers flow control solutions to various industries. | 1984 | bdkvalve.in | India | |
Real estate developer and builder creating innovative spaces. | 1994 | gurukrupagroup.com | Mumbai, India |
Investor details for Theis
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Board of directors of Thiese Precision Private Limited (Theis)
Thiese Precision Private Limited is the primary company behind Theis. The board of Thiese Precision Private Limited currently have 6 directors; the longest-serving is Chetan Navinchandra Patel, appointed in 2023. 19 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Chetan Navinchandra Patel DIN 00635477 | Director | 24 Apr 2023 | 3 yrs 5 mo | Thiese Precision Private Limited |
| Megh Bimal Mehta DIN 09040417 | Director | 24 Apr 2023 | 3 yrs 5 mo | Thiese Precision Private Limited |
| Bimal Kantilal Mehta DIN 08737396 | Director | 24 Apr 2023 | 3 yrs 5 mo | Thiese Precision Private Limited |
| Mansukh Arjanbhai Sureja DIN 00635353 | Director | 24 Apr 2023 | 3 yrs 5 mo | Thiese Precision Private Limited |
| Chetan Mansukhlal Kothari DIN 00305438 | Director | 24 Apr 2023 | 3 yrs 5 mo | Thiese Precision Private Limited |
| Shyam Bimal Mehta DIN 08369952 | Director | 24 Apr 2023 | 3 yrs 5 mo | Thiese Precision Private Limited |
Financials of Theis
Figures of Thiese Precision Private Limited, the primary company behind Theis, for FY 2025. Revenue was ₹216 Cr (-13% year on year). Net profit was ₹6.34 Cr (3% margin). EBITDA was ₹18.69 Cr (9% margin). Revenue has grown at a compounded annual rate of -5% over three years and +4% over five years.
- ₹216 CrRevenue · FY 2025 · -13% YoY
- ₹6.34 CrNet profit · 3% margin
- ₹18.69 CrEBITDA · 9% margin
- ₹10 LakhPaid-up capital
- 91Employees (provident fund records)
- -5%Revenue CAGR, 3 years
- +4%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Thiese Precision Private Limited are on its company page.
Detailed financial statements for Theis
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Timeline of Theis
3 dated milestones of Theis across 55 years, from founding to its latest funding, stage changes and deals.
- Founded Theis is founded.
- Exit Acquired by FN Steel.
- Exit Acquired by BDK Valves.
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Related news about Theis
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Frequently Asked Questions about Theis
Theis was founded in 1968.
Theis is headquartered in Navsari, India. It is registered at Navsari, Gujarat, India.
Theis has 91 employees.
The primary company behind Theis, Thiese Precision Private Limited, reported revenue of βΉ216 Cr for FY 2025, down 13% year on year.
The company was founded in 1968 and is engaged in the steel manufacturing sector. Operations focus on the production of solid steel through cold and hot rolling processes. Based in Navsari, India, the firm handles the full cycle of steel fabrication for industrial applications. Expertise is applied in maintaining quality standards within the domestic market, with activities centered on reliable supply chains for rolled steel products.
Theis has 3 investors. Key investors include FN Steel, GuruKrupa Group, and BDK Valves.
Theis operates through Thiese Precision Private Limited.
Yes. Theis was acquired by BDK Valves in July 2023.
The legal entities of Theis currently have 6 directors, including Chetan Navinchandra Patel, Megh Bimal Mehta, Bimal Kantilal Mehta and others.

