About Topline Industries
Topline Industries is a Real Estate & Construction company based in Gurugram (India) founded in 2013, and was acquired by HIL in March 2024. Pipes and fittings are manufactured by Topline Industries. The company has 34 employees. Its Indian entity Topline Industries Private Limited reported revenue of βΉ154 Cr. Its focus areas include Real Estate and Construction, Building Materials, Construction Materials and Pipes & Plumbing. Its competitors include Astral Poly Technik, Vectus and Apollo Pipes; 1 of its 3 listed competitors has raised funding.
Company details
Topline Industries was established in 2013 and is headquartered in Gurugram, India. Manufacturing operations are centered on pipes and fittings for industrial applications. Products are produced to meet sector standards, with distribution facilitated through the domain toplineindustries.in. The company operates within the manufacturing industry, serving domestic markets in India. Focus is maintained on core production processes without additional services noted.
- Headquarters Gurugram, India
- Employees 34
- Stage Acquired
- SectorsReal Estate & Construction
- Website toplineindustries.in
- Social LinkedIn Facebook Instagram YouTube
- Acquired by HIL (Mar 2024)
- Legal Name Topline Industries Private Limited
- Date of Incorporation 01 May, 2020
- Jurisdiction Patna, Bihar, India
Associated legal entities of Topline Industries
Topline Industries operates through Topline Industries 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 |
|---|---|---|---|---|---|---|---|
| Topline Industries Private Limited CIN U74999BR2020PTC045946 | Active | 01 May 2020 | Patna, Bihar | ₹154 Cr | 34 | 3 | View details |
Investors in Topline Industries
Topline Industries has secured backing from 1 investor. Prominent investors backing the company include HIL.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Roofing solutions and building materials are manufactured by HIL. | 1946 | hil.in | Hyderabad, India |
Investor details for Topline Industries
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Board of directors of Topline Industries Private Limited (Topline Industries)
Topline Industries Private Limited is the primary company behind Topline Industries. The board of Topline Industries Private Limited currently have 3 directors; the longest-serving is Akshat Seth, appointed in 2024. 7 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Akshat Seth DIN 10039820 | Director | 05 Apr 2024 | 2 yrs 7 mo | Topline Industries Private Limited |
| Ajay Madhusudan Kapadia DIN 10576222 | Director | 05 Apr 2024 | 2 yrs 7 mo | Topline Industries Private Limited |
| Srinivas Sesha Nimmagadda DIN 11117512 | Director | 01 Jun 2025 | 1 yr 5 mo | Topline Industries Private Limited |
People of Topline Industries
6 people are tracked at Topline Industries (6 in leadership); the tracked headcount is 34.
| Name | Role | Group |
|---|---|---|
Ankur Palriwal | Director | Leadership |
Pawan Kumar Palriwal | Founder | Leadership |
Ankit Palriwal | Director | Leadership |
Tanuj Palriwal | Director | Leadership |
Dushyant Palriwal | Director | Leadership |
Mohit Chopra | Regional Business Head | Leadership |
Complete people profiles for Topline Industries
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Financials of Topline Industries
Figures of Topline Industries Private Limited, the primary company behind Topline Industries, for FY 2025. Revenue was ₹154 Cr (-53% year on year). Net loss was -₹8.96 Cr (-6% margin). EBITDA was -₹9.02 Cr (-6% margin). Revenue has grown at a compounded annual rate of -14% over three years.
- ₹154 CrRevenue · FY 2025 · -53% YoY
- -₹8.96 CrNet loss · -6% margin
- -₹9.02 CrEBITDA · -6% margin
- ₹3.35 CrPaid-up capital
- 34Employees (provident fund records)
- -14%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Topline Industries Private Limited are on its company page.
Detailed financial statements for Topline Industries
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Timeline of Topline Industries
2 dated milestones of Topline Industries across 11 years, from founding to its latest funding, stage changes and deals.
- Founded Topline Industries is founded.
- Exit Acquired by HIL.
Competitors of Topline Industries
Topline Industries has 3 listed competitors in our database, 1 of them funded. They include Astral Poly Technik, Vectus and Apollo Pipes.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| astralpipes.com | 1999 | Ahmedabad, India | 3,330 | PVC pipes are manufactured for plumbing and drainage applications. | ||
| vectus.in | 1989 | Noida, India | $16.7M | 485 | Vectus is recognized as a leading manufacturer of water storage solutions in India. | |
| apollopipes.com | 1985 | Noida, India | 639 | Manufacturer of PVC pipes, fittings, and bathroom fixtures |
Detailed competitors of Topline Industries
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Web traffic of Topline Industries
The website of Topline Industries (toplineindustries.in) receives about 9.6K visits a month.
- Monthly visits9.6K
▲ 271.1% vs previous month
Websites whose visitors overlap most with Topline Industries. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
alexpipesindia.com | alexpipesindia.com | 100% | β | ||
| sudhakarind.com | 86% | #2,048,074 | View details | ||
| skipperpipes.in | 82% | 4.1K | #4,568,939 | View details | |
| pargindia.com | 81% | #14,844,624 | View details |
Top companies in Building Materials
3 companies that operate in the same segment as Topline Industries (Building Materials) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Manufacturer of cement, gypsum plaster, tile adhesives, and wood finishing products | 1975 | Kanpur, Uttar Pradesh, India | USD 1.44 B | 9,047 | ||
Industrial and decorative paints are manufactured along with related solutions. | 1942 | Mumbai, Maharashtra, India | USD 3.87 B | 10 | ||
Specializes in designing and manufacturing aesthetically pleasing bathroom solutions | 1960 | Gurugram, Haryana, India |
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Related news about Topline Industries
Complete news archive for Topline Industries
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Frequently Asked Questions about Topline Industries
Topline Industries was founded in 2013.
Topline Industries is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Topline Industries has 34 employees.
The primary company behind Topline Industries, Topline Industries Private Limited, reported revenue of βΉ154 Cr for FY 2025, down 53% year on year.
Topline Industries was established in 2013 and is headquartered in Gurugram, India. Manufacturing operations are centered on pipes and fittings for industrial applications. Products are produced to meet sector standards, with distribution facilitated through the domain toplineindustries.in. The company operates within the manufacturing industry, serving domestic markets in India. Focus is maintained on core production processes without additional services noted.
Topline Industries's top competitors include Vectus, Astral Poly Technik and Apollo Pipes.
Topline Industries has 1 investor. Key investors include HIL.
Topline Industries operates through Topline Industries Private Limited.
Yes. Topline Industries was acquired by HIL in March 2024.
The legal entities of Topline Industries currently have 3 directors, including Srinivas Sesha Nimmagadda, Akshat Seth, Ajay Madhusudan Kapadia.

