Divine Titanium Private Limited

Divine Titanium Private Limited - chemicals and materials in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U17120MH2010PTC204509 Incorporated 19 June 2010 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company chemicals and materials MSME · Small
Data last updated
Revenue · FY 2024
₹25.94 Cr
▲ 71% YoY
Net profit · FY 2024
₹2.36 Cr
Net margin 9.1%
EBITDA · FY 2024
₹5.32 Cr
EBITDA margin 20.5%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹58.11 Cr
Satisfied ₹15 Cr
Company age
16 yrs
Est. 2010
Directors on board
2
As per MCA filings

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.

Divine Titanium Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0027533). 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.

Company details

CIN U17120MH2010PTC204509
Registration Number 204509
Incorporation Date 19 June 2010
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Classic Solvents Pvt Ltd
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-19-0027533
Key People
Dhiren Pranlal Bhuta Director Beena Dhiren Bhuta Director

Recognitions & Rankings of Divine Titanium

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-MH-19-0027533

Contact details

Divine Titanium Private Limited's registered office is in Mumbai, Maharashtra. Its website is classicsolvents.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    classicsolvents.com
  • Registered Address
    601 6th Floor 349 Business Point Andheri (E) Mumbai, Maharashtra, India – 400069
  • Industry
    Chemicals and Materials, Industrial Chemicals

To see the full contact details of Divine Titanium Private Limited, buy the company report.

Comprehensive company report
Divine Titanium Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Divine Titanium is manufacturing. In detail, this covers textile, leather and other apparel products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC2Textile, leather and other apparel products

To see the full business activity and turnover split of Divine Titanium Private Limited, buy the company report.

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.

Revenue · FY 2024
₹25.94 Cr ▲ 71%
Net profit · FY 2024
₹2.36 Cr margin 9.1%
EBITDA · FY 2024
₹5.32 Cr margin 20.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 71%
3 years · compounded
▲ 15%
5 years · compounded
▲ 40%
EBITDA CAGR growth
1 year
▲ 20%
3 years · compounded
▲ 14%
5 years · compounded
▲ 117%

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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin20.5%
Net Profit Margin9.1%
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

To see the full financial statements and ratios of Divine Titanium Private Limited, buy the company report.

Board of directors of Divine Titanium Private Limited

Divine Titanium has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Dhiren Pranlal Bhuta
Also directs: Masti Villa LLP, Vasundhra Food Grains LLP, Unicolour Textiles Private Limited and 3 more
Director19 Jun 201016 Years 4 MonthsCurrent
Beena Dhiren Bhuta
Also directs: Classic Solvents Pvt Ltd, Bhuta Charitable Foundation
Director19 Jun 201016 Years 4 MonthsCurrent
View all directors

Auditor

Divine Titanium Private Limited is audited by J N M S & ASSOCIATES LLP for the financial year 2023.

Auditor firmFinancial yearFirm registration number
J N M S & ASSOCIATES LLPFY 2023W100626

Shareholding

The shareholding of Divine Titanium Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Divine Titanium Private Limited, buy the company report.

Charges & borrowings

Open charges
₹58.11 Cr
Satisfied charges
₹15 Cr
Breakdown by lending institutions
Axis Bank Limited₹50.41 Cr
Others₹7.70 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
07 Jan 2025101027333Others₹7.7 CrOpen
05 Jan 2023100668118Axis Bank Limited₹50.41 CrOpen
30 Jun 201510577393Religare Finvest Limited₹15 CrSatisfied

To see the full charge records of Divine Titanium Private Limited, buy the company report.

Total charge records: 3 View all charges

Credit ratings & regulatory alerts

Divine Titanium Private Limited was last rated by Icra on 31 Aug 2020.

Rating agencyRated onRating
Icra31 Aug 2020

To see the full credit ratings and regulatory alerts of Divine Titanium Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Divine Titanium Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Divine Titanium has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AADCD4817C1ZZMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Divine Titanium Private Limited, buy the company report.

Recent activity

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.

AGM
Divine Titanium Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Divine Titanium Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Charges
A charge with Others amounted to Rs. 770.00 Lakh with Charge ID 101027333 was registered on 07 Jan 2025.
Charges
A charge with Axis Bank Limited of Rs. 5,041.00 Lakh registered on 05 Jan 2023 with Charge ID 100668118 was modified on 28 Jun 2024.
Charges
A charge with Axis Bank Limited amounted to Rs. 5,041.00 Lakh with Charge ID 100668118 was registered on 05 Jan 2023.
Charges
A charge registered on 30 Jun 2015 via Charge ID 10577393 with Religare Finvest Limited was fully satisfied on 25 Feb 2021.
Charges
A charge with Religare Finvest Limited amounted to Rs. 1,500.00 Lakh with Charge ID 10577393 was registered on 30 Jun 2015.
Appointed
Beena Dhiren Bhuta was appointed as Director.
Appointed
Dhiren Pranlal Bhuta was appointed as Director.
Incorporation
19 Jun 2010
Divine Titanium Private Limited was registered on 19 Jun 2010 with Roc Mumbai I & aged 16 years 4 months as per MCA records.

Frequently asked questions

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 has 2 current directors:

The latest financial statements of Divine Titanium on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

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.

Beena Dhiren Bhuta was appointed as Director on 19 Jun 2010. Dhiren Pranlal Bhuta was appointed as Director on 19 Jun 2010.

Yes, Divine Titanium is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0027533).

Divine Titanium can be reached through the website classicsolvents.com. Its registered office is in Mumbai, Maharashtra, India.