About Twinstar Industries
Twinstar Industries was a Technology company based in Mumbai (India) founded in 1994. It offers software development and IT-enabled services to clients. It operates on a B2B model. The company has 16 employees. Its Indian entity Twinstar Industries Limited reported revenue of ₹85.55 Cr. The company is recorded as dissolved. Its focus areas include Software, Software Development and IT Services. Its competitors include Happiest Minds and Datamatics; 2 of its 2 listed competitors have raised funding.
Company details
Twinstar Industries, founded in 1994 in Mumbai, India, focuses on leveraging cutting-edge technology, software, creating custom software solutions, and providing IT services. Offers software development and IT-enabled services to clients. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
- Headquarters Mumbai, India
- Employees 16
- Stage Public
- SectorsTechnology
- Website twinstar.in
- Legal Name Twinstar Industries Limited
- Date of Incorporation 20 Jun, 1994
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹85.55 Cr
FY 2019 · -54% YoY
- Net Profit₹47.4 Lakh
FY 2019 · 1% margin
- EBITDA₹2.26 Cr
FY 2019 · 3% margin
- Employee Count16
Associated legal entities of Twinstar Industries
Twinstar Industries operates through Twinstar Industries Limited, a listed company (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2019) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Twinstar Industries Limited Listed CIN L30007MH1994PLC079084 | Active | 20 Jun 1994 | Mumbai, Maharashtra | ₹85.5 Cr | 16 | 3 | View details |
Board of directors of Twinstar Industries Limited (Twinstar Industries)
Twinstar Industries Limited is the primary company behind Twinstar Industries. The board of Twinstar Industries Limited currently have 3 directors; the longest-serving is Daulat Samirmal Mehta, appointed in 1994. 12 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Daulat Samirmal Mehta DIN 01575366 | Managing Director | 23 Jun 1994 | 32 yrs 4 mo | Twinstar Industries Limited |
| Dinesh Chand Sharma DIN 02460345 | Director | 28 Sep 2018 | 8 yrs | Twinstar Industries Limited |
| Ashutosh DIN 05206931 | Additional Director | 30 Nov 2019 | 6 yrs 10 mo | Twinstar Industries Limited |
Financials of Twinstar Industries
Figures of Twinstar Industries Limited, the primary company behind Twinstar Industries, for FY 2019. Revenue was ₹85.55 Cr (-54% year on year). Net profit was ₹47.4 Lakh (1% margin). EBITDA was ₹2.26 Cr (3% margin). Revenue has grown at a compounded annual rate of -6% over three years.
- ₹85.55 CrRevenue · FY 2019 · -54% YoY
- ₹47.4 LakhNet profit · 1% margin
- ₹2.26 CrEBITDA · 3% margin
- ₹22.46 CrPaid-up capital
- 16Employees (provident fund records)
- -6%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Twinstar Industries Limited are on its company page.
Detailed financial statements for Twinstar Industries
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Competitors of Twinstar Industries
Twinstar Industries has 2 listed competitors in our database, 2 of them funded. They include Happiest Minds and Datamatics.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| happiestminds.com | 2011 | Bengaluru, India | $64.83M | 4,517 | IT outsourcing services are delivered across multiple business lines. | |
| datamatics.com | 1975 | Mumbai, India | $3M | 5,875 | Cloud-based text analytics and cognitive automation services are provided. |
Detailed competitors of Twinstar Industries
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Related news about Twinstar Industries
Complete news archive for Twinstar Industries
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Frequently Asked Questions about Twinstar Industries
Twinstar Industries was founded in 1994.
Twinstar Industries is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Twinstar Industries has 16 employees.
The primary company behind Twinstar Industries, Twinstar Industries Limited, reported revenue of ₹85.55 Cr for FY 2019, down 54% year on year.
Twinstar Industries, founded in 1994 in Mumbai, India, focuses on leveraging cutting-edge technology, software, creating custom software solutions, and providing IT services. Offers software development and IT-enabled services to clients. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
Twinstar Industries's top competitors include Happiest Minds and Datamatics.
Twinstar Industries operates through Twinstar Industries Limited.
The legal entities of Twinstar Industries currently have 3 directors, including Dinesh Chand Sharma, Ashutosh, Daulat Samirmal Mehta.