About Divine Titanium Private Limited
Data last updated:
Divine Titanium Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Classic Solvents Pvt Ltd. It operates in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 19 June 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17120MH2010PTC204509. Its GSTIN is 27AADCD4817C1ZZ (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Dhiren Pranlal Bhuta and Beena Dhiren Bhuta.
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 601 6th Floor 349 Business Point Andheri (E) Mumbai, Maharashtra, India – 400069.
As per the financials filed for FY 2024, the company reported a revenue of ₹25.94 Cr, a growth of 71% compared to the previous year. For the same year it recorded a net profit of ₹2.36 Cr (net margin 9.1%) and EBITDA of ₹5.32 Cr (EBITDA margin 20.5%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 40% over five years.
As per MCA filings, the company has open charges of ₹58.11 Cr and satisfied charges of ₹15 Cr on record. Court records list 7 cases involving the company, including 7 filed by the company; 4 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website classicsolvents.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address601 6th Floor 349 Business Point Andheri (E) Mumbai, Maharashtra, India – 400069
- IndustryChemicals and Materials, Industrial Chemicals
- 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 Divine Titanium Private Limited
The main business activity of Divine Titanium is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | 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 Divine Titanium Private Limited FY 2025 filings available
Divine Titanium Private Limited reported revenue of ₹25.94 Cr (up 71% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Divine Titanium Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 40% over five years, including 71% growth in the latest year. EBITDA rose 20% 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 Divine Titanium Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹5.32 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.36 Cr | •••• | •••• | •••• | •••• |
| 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 Divine Titanium Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 20.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 9.1% | •••• | •••• | •••• | •••• |
| 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 Divine Titanium are in the company report.
Financial statements from 2015
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.
Peer Comparison of Divine Titanium Private Limited
Divine Titanium Private Limited is compared with the companies closest to it by revenue in the Chemicals industry (Industrial Chemicals). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aaradhana Energy Private Limited | ₹26.21 Cr (FY 2025) | •••• | •••• | 189.0% | •••• | Thane, Maharashtra, India |
| RRB Chemicals Private Limited. | ₹26.18 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | New Delhi, Delhi, India |
| Dimple Chemicals & Services Private Limited | ₹26.11 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Pune, Maharashtra, India |
| Sorbitol Chem Private Limited | ₹26.03 Cr (FY 2024) | •••• | •••• | 179.0% | •••• | Thane, Maharashtra, India |
| Sujata Carbons Private Limited | ₹25.96 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Delhi, India |
| Divine Titanium Private Limited this company | ₹25.94 Cr (FY 2024) | •••• | •••• | 71.0% | •••• | Mumbai, Maharashtra, India |
| Foam Supplies India Private Limited | ₹25.85 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | New Delhi, Delhi, India |
| Sri Chementor Private Limited | ₹25.81 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Puducherry, India |
| Sungold Suppliers Private Limited | ₹25.64 Cr (FY 2024) | •••• | •••• | 39.0% | •••• | Kota, Rajasthan, India |
| Spray Drying and Chemicals Private Limited | ₹25.61 Cr (FY 2025) | •••• | •••• | 212.0% | •••• | Bharuch, Gujarat, India |
| Yogeshwar Chemicals Limited | ₹25.6 Cr (FY 2024) | •••• | •••• | 11.0% | •••• | Navi Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Divine Titanium by revenue in the Chemicals industry (Industrial Chemicals), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Divine Titanium Private Limited
Divine Titanium Private Limited is audited by J N M S & ASSOCIATES LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| J N M S & ASSOCIATES LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Divine Titanium Private Limited
Divine Titanium has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dhiren Pranlal Bhuta Also directs: Masti Villa LLP, Vasundhra Food Grains LLP, Unicolour Textiles Private Limited and 3 more | Director | 19 Jun 2010 | 16 Years 3 Months | Current |
| Beena Dhiren Bhuta Also directs: Classic Solvents Pvt Ltd, Bhuta Charitable Foundation | Director | 19 Jun 2010 | 16 Years 3 Months | Current |
Ownership and Shareholding of Divine Titanium Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Divine Titanium Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Jan 2025 | Others | ₹7.7 Cr | Open |
| 05 Jan 2023 | Axis Bank Limited | ₹50.41 Cr | Open |
| 30 Jun 2015 | Religare Finvest Limited | ₹15 Cr | Satisfied |
Total charge records: 3 View all charges
Legal Cases of Divine Titanium Private Limited
Divine Titanium Private Limited has 7 court cases on record: 7 filed by Divine Titanium. 4 cases are pending and 3 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 0 | 3 |
| District courts | 1 | 0 | 1 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed by the company against JK Coil Coatings Private Limited | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed by the company against State of Maharashtra | Pending |
| Bombay High Court | Writ petition | Filed by the company against State of Maharashtra | Pending |
| Bombay High Court | Writ petition | Filed by the company against State of Mahrashtra and 3 Ors | Disposed |
| Bombay High Court | Writ petition | Filed by the company against State of Maharashtra | Disposed |
Full case history
All 7 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Employees and EPFO Compliance at Divine Titanium Private Limited
Employment history and EPFO contributions of people linked to Divine Titanium.
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 Divine Titanium Private Limited
Divine Titanium Private Limited has 2 board changes on record since 2010: 2 appointments. The latest: Beena Dhiren Bhuta was appointed as Director on 19 Jun 2010.
Credit Ratings, Litigation & Regulatory Alerts for Divine Titanium 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 Divine Titanium 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 Divine Titanium 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 Divine Titanium Private Limited
Divine Titanium has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCD4817C1ZZ | Maharashtra | Active | 01 Jul 2017 |
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 Divine Titanium 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 Divine Titanium Private Limited
Divine Titanium is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial chemicals, within the chemicals and materials industry. It was incorporated on 19 June 2010 (16+ years old) and is registered under CIN U17120MH2010PTC204509.
Divine Titanium reported revenue of ₹25.94 Cr for FY 2024 (up 71% YoY).
Divine Titanium has 2 current directors:
- Dhiren Pranlal Bhuta - Director
- Beena Dhiren Bhuta - Director
Divine Titanium reported a net profit of ₹2.36 Cr (net margin 9.1%) and EBITDA of ₹5.32 Cr (EBITDA margin 20.5%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Divine Titanium is 15% over three years and 40% over five years. In the latest year (FY 2024) revenue rose 71%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Divine Titanium is 27AADCD4817C1ZZ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Divine Titanium is U17120MH2010PTC204509. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Divine Titanium has 7 court cases on record: 7 filed by the company. 4 are pending. Most are in the high courts.
Divine Titanium was incorporated on 19 June 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Divine Titanium by revenue are Aaradhana Energy Private Limited, RRB Chemicals Private Limited, Dimple Chemicals & Services Private Limited, Sorbitol Chem Private Limited, Sujata Carbons Private Limited and 5 more, all in the Chemicals industry (Industrial Chemicals).
Beena Dhiren Bhuta was appointed as Director on 19 Jun 2010. Dhiren Pranlal Bhuta was appointed as Director on 19 Jun 2010.