About Minerals Technologies India Private Limited
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Minerals Technologies India Private Limited is a foreign private limited company based in Thane, Maharashtra, India, a subsidiary of Minteq Shapes And Services Inc.. It operates in the construction materials distribution segment of the metals and mining sector. It was incorporated on 04 August 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U27109MH2006FTC163543. Its GSTIN is 27AAECM9905H1Z8 (Maharashtra). The company holds 9 GST registrations, of which 8 are active.
The company has an authorised share capital of ₹14 Cr and a paid-up capital of ₹11.21 Cr. It was formerly known as Ally Pharma Options Private Limited and Minteq India Private Limited. It is led by directors including Ramanathan Chandran and James Patrick Wright.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 4 Third Floor Rosa Vista Opp Suraj Water Park, Thane, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹185.33 Cr. For the same year it recorded a net profit of ₹9.67 Cr (net margin 5.2%) and EBITDA of ₹23.98 Cr (EBITDA margin 12.9%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 13% over five years.
The company has about 117 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Minerals Technologies. The company has 5 deals on record (5 funding rounds), with disclosed funding of ₹64.72 Cr; the latest was in July 2013. The company has 8 MSME Form 1 returns on record between 2022 and 2023, listing 301 overdue payments to 20 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mineralstech.com.
Company details
Name history
Minerals Technologies India has undergone 2 name changes throughout its history. The company was previously known as Ally Pharma Options Private Limited, and Minteq India Private Limited. The current legal name is Minerals Technologies India Private Limited.
| Company Name | Status |
|---|---|
| Minerals Technologies India Private Limited | Current |
| Ally Pharma Options Private Limited | Previous |
| Minteq India Private Limited | Previous |
Contact details
Minerals Technologies India Private Limited's registered office is in Thane, Maharashtra. Its website is mineralstech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOffice No. 4 Third Floor Rosa Vista Opp Suraj Water Park Ghodbu, Nder Road, Thane, Maharashtra, India – 400615
- IndustryMetals and Minerals, Construction Materials Retail & Distribution
To see the full contact details of Minerals Technologies India Private Limited, buy the company report.
- 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
Brands
Minerals Technologies India operates one associated brand: Minerals Technologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Specialty mineral and synthetic products are developed and marketed worldwide. | mineralstech.com |
Business activity
The main business activities of Minerals Technologies India are manufacturing and trade. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products and wholesale trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Minerals Technologies India Private Limited, buy the company report.
Financials of Minerals Technologies India Private Limited
FY 2024 filings availableMinerals Technologies India Private Limited reported revenue of ₹185.33 Cr for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years. 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹23.98 Cr | ||||
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| Net Profit (PAT) | ₹9.67 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 12.9% | ||||
| Net Profit Margin | 5.2% | ||||
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To see the full financial statements and ratios of Minerals Technologies India Private Limited, buy the company report.
Board of directors of Minerals Technologies India Private Limited
Minerals Technologies India has 4 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramanathan Chandran | Director | 27 Jul 2022 | 4 Years 3 Months | Current |
| James Patrick Wright | Director | 10 Jun 2025 | 1 Years 4 Months | Current |
| Daniel Joseph Monagle Iii | Director | 17 Dec 2008 | 17 Years 10 Months | Current |
| Jeffrey Allen Weeks Also directs: Cetco Lining Technologies India Private Limited | Director | 12 Feb 2013 | 13 Years 8 Months | Current |
Auditor
Minerals Technologies India Private Limited is audited by Viral Jain and Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Viral Jain and Associates | FY 2023 | 135089W |
Shareholding
The shareholding of Minerals Technologies India 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 category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Minerals Technologies India Private Limited, buy the company report.
Deals & funding
Minerals Technologies India Private Limited has 5 deals on record (5 funding rounds), with disclosed funding of ₹64.72 Cr; the latest was in July 2013.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2013 | Funding round | ₹12.22 Cr | Investors: Minteq Shapes & Services Inc |
| Oct 2012 | Funding round | ₹21.31 Cr | Investors: Minteq Shapes & Services Inc |
| Nov 2011 | Funding round | ₹27.57 Cr | Investors: Minteq Shapes & Services Inc |
| Mar 2010 | Funding round | ₹1.45 Cr | Investors: Minteq Shapes & Services Inc |
| Jan 2007 | Funding round | ₹2.18 Cr | Investors: Minteq Shapes & Services Inc, Minteq International Inc |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Minerals Technologies India Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
Minerals Technologies India Private Limited has 8 MSME Form 1 returns on record between 2022 and 2023, listing 301 overdue payments to 20 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 20)
To see the full MSME payment records of Minerals Technologies India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Minerals Technologies India Private Limited has a workforce of 117 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
GST
Minerals Technologies India has 9 GST registrations: 8 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECM9905H1Z8 | Maharashtra | Active | 01 Jul 2017 |
| 03AAECM9905H1ZI | Punjab | Active | 01 Jul 2017 |
| 19AAECM9905H1Z5 | West Bengal | Active | 01 Jul 2017 |
| 29AAECM9905H1Z4 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Minerals Technologies India Private Limited, buy the company report.
Recent activity
Minerals Technologies India Private Limited has 15 board changes on record since 2008: 4 appointments and 11 cessations. The latest: James Patrick Wright ceased to be Additional Director on 29 Sep 2025.
6 earlier events are in the company report.
News
Frequently asked questions
Minerals Technologies India is an active foreign private limited company based in Thane, Maharashtra, India. The company works in construction materials retail and distribution, within the metals and minerals industry. It was incorporated on 04 August 2006 (20+ years old) and is registered under CIN U27109MH2006FTC163543.
Minerals Technologies India has 4 current directors:
- Ramanathan Chandran - Director
- James Patrick Wright - Director
- Daniel Joseph Monagle Iii - Director
- Jeffrey Allen Weeks - Director
The latest financial statements of Minerals Technologies India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Minerals Technologies India is 27AAECM9905H1Z8, registered in Maharashtra. The company has 9 GST registrations in all, of which 8 are active and 1 is cancelled or inactive. Other active GSTINs include 03AAECM9905H1ZI (Punjab), 19AAECM9905H1Z5 (West Bengal), 29AAECM9905H1Z4 (Karnataka).
The CIN (Corporate Identification Number) of Minerals Technologies India is U27109MH2006FTC163543. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Minerals Technologies India was incorporated on 04 August 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.
Minerals Technologies India has 5 deals on record (5 funding rounds), with disclosed funding of ₹64.72 Cr; the latest was in July 2013.
James Patrick Wright ceased to be Additional Director on 29 Sep 2025. James Patrick Wright was appointed as Director on 10 Jun 2025. Ramanathan Chandran ceased to be Additional Director on 30 Sep 2022. Minerals Technologies India has 15 board changes on record in total.
Minerals Technologies India has 8 MSME Form 1 returns on record between 2022 and 2023, listing 301 overdue payments to 20 micro and small suppliers. The latest return was filed on 09 Jan 2024.
Minerals Technologies India can be reached through the website mineralstech.com. Its registered office is in Thane, Maharashtra, India.
The registered office of Minerals Technologies India is at Office No. 4 Third Floor Rosa Vista Opp Suraj Water Park Ghodbu, Nder Road, Thane, Maharashtra, India – 400615.