Pyramid Timber Associates Private Limited

Pyramid Timber Associates Private Limited - manufacturing in Mysore, Karnataka, India. FY 2026 financials & compliance.
CIN U68100KA1987PTC008701 Incorporated 29 October 1987 ROC Bangalore HQ Mysore, Karnataka, India
Active Private Limited Company manufacturing MSME · Medium
Data last updated
Revenue · FY 2025
₹83.67 Cr
▲ 10% YoY
Net profit · FY 2025
₹14.47 Cr
Net margin 17.3%
EBITDA · FY 2025
₹22.34 Cr
EBITDA margin 26.7%
Authorised capital
₹1.1 Cr
Registered with MCA
Paid-up capital
₹99.75 Lakh
Issued & subscribed
Open charges
₹6.25 Cr
Satisfied ₹51.42 Cr
Company age
39 yrs
Est. 1987
Employees · EPFO
100
Provident fund records

About Pyramid Timber Associates Private Limited

Data last updated:

Pyramid Timber Associates Private Limited is a private limited company based in Mysore, Karnataka, India. It operates in the fittings and components segment of the manufacturing sector. It was incorporated on 29 October 1987 and has been in existence for over 39 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U68100KA1987PTC008701. Its GSTIN is 29AABCP0488K1Z1 (Karnataka).

The company has an authorised share capital of ₹1.1 Cr and a paid-up capital of ₹99.75 Lakh. It is led by directors including Mohammedbhai Taherbhai Vagh (Whole-Time Director) and Abbas Salehbhai Vagh.

Its last annual general meeting (AGM) was held on 30 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Sy No. 193/2 & 194 Mysore – Hunsur Road Yelwal (Po), Karnataka, India – 571130.

As per the financials filed for FY 2025, the company reported a revenue of ₹83.67 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹14.47 Cr (net margin 17.3%) and EBITDA of ₹22.34 Cr (EBITDA margin 26.7%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 15% over five years.

The company has about 100 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Pyramid Timber. As per MCA filings, the company has open charges of ₹6.25 Cr and satisfied charges of ₹51.42 Cr on record. Court records list 7 cases involving the company, including 4 filed by the company and 3 filed against it; 2 cases are pending. The company has 6 deals on record (6 secondary share transfers); the latest was in March 2023. The company has 4 MSME Form 1 returns on record between 2022 and 2023, listing 236 overdue payments to 19 micro and small suppliers.

Pyramid Timber Associates Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-22-0013603). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pyramidtimber.com.

Company details

CIN U68100KA1987PTC008701
Registration Number 008701
Incorporation Date 29 October 1987
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 August 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KR-22-0013603

CIN history

Pyramid Timber Associates has one previous CIN (Corporate Identification Number): U02001KA1987PTC008701. The current CIN is U68100KA1987PTC008701, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U68100KA1987PTC008701Current
U02001KA1987PTC008701Previous
Key People
Mohammedbhai Taherbhai Vagh Whole-Time Director Abbas Salehbhai Vagh Director Moiz Saifuddin Vagh Director

Recognitions & Rankings of Pyramid Timber Associates

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-KR-22-0013603

Contact details

Pyramid Timber Associates Private Limited's registered office is in Mysore, Karnataka. Its website is pyramidtimber.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    pyramidtimber.com
  • Social Media
  • Registered Address
    Sy No. 193/2 & 194 Mysore – Hunsur Road Yelwal (Po), Karnataka, India – 571130
  • Industry
    Manufacturing, Fittings & Components

To see the full contact details of Pyramid Timber Associates Private Limited, buy the company report.

Comprehensive company report
Pyramid Timber Associates 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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Brands

Pyramid Timber Associates operates one associated brand: Pyramid Timber. Each brand links to its own profile.

BrandDescriptionWebsite
Pyramid Timber
Manufactures high-quality doors and windows products.pyramidtimber.com

Business activity

The main business activity of Pyramid Timber Associates is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC3Wood and wood products, furniture, paper and paper products

To see the full business activity and turnover split of Pyramid Timber Associates Private Limited, buy the company report.

Financials of Pyramid Timber Associates Private Limited

FY 2025 filings available

Pyramid Timber Associates Private Limited reported revenue of ₹83.67 Cr (up 10% YoY) for FY 2025.

Revenue · FY 2025
₹83.67 Cr ▲ 10%
Net profit · FY 2025
₹14.47 Cr margin 17.3%
EBITDA · FY 2025
₹22.34 Cr margin 26.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 10%
3 years · compounded
▲ 8%
5 years · compounded
▲ 15%
EBITDA CAGR growth
1 year
▲ 5%
3 years · compounded
▲ 6%
5 years · compounded
▲ 24%

Revenue has grown at a compounded annual rate (CAGR) of 15% over five years, including 10% growth in the latest year. EBITDA rose 5% 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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹22.34 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹14.47 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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin26.7%
Net Profit Margin17.3%
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 Pyramid Timber Associates Private Limited, buy the company report.

Board of directors of Pyramid Timber Associates Private Limited

Pyramid Timber Associates has 7 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Abbas Salehbhai Vagh
Also directs: Hunsur Plywood Works Private Limited, Ferro Foundries Private Limited, Glowtronics Private Limited and 4 more
Director27 Dec 199035 Years 10 MonthsCurrent
Mohammedbhai Taherbhai Vagh
Also directs: Hunsur Plywood Works Private Limited, Ferro Foundries Private Limited, Glowtronics Private Limited and 4 more
Whole-Time Director05 Nov 198738 Years 11 MonthsCurrent
Moiz Saifuddin Vagh
Also directs: Hunsur Plywood Works Private Limited, Ferro Foundries Private Limited, Glowtronics Private Limited and 2 more
Director27 Dec 198738 Years 10 MonthsCurrent
Abdul Hussain Saifuddinbhai Vagh
Also directs: Hunsur Plywood Works Private Limited, Ferro Foundries Private Limited, M A S Furniture Private Limited and 2 more
Director27 Dec 198738 Years 10 MonthsCurrent
Abbas Taher Bhai Vagh
Also directs: Hunsur Plywood Works Private Limited, Ferro Foundries Private Limited, A Ahmedally and Company Private Limited and 3 more
Director18 Mar 199036 Years 7 MonthsCurrent
Hyder Tyeb Vagh
Also directs: Hunsur Plywood Works Private Limited, Saleh Sons Ventures Private Limited, A Ahmedally and Company Private Limited and 1 more
Director13 Nov 20232 Years 11 MonthsCurrent
Showing 6 of 7 current directors. View all directors

Auditor

Pyramid Timber Associates Private Limited is audited by VKS AIYER & CO for the financial year 2024.

Auditor firmFinancial yearFirm registration number
VKS AIYER & COFY 2024000066S

Shareholding

The shareholding of Pyramid Timber Associates Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2024FY 2023FY 2022FY 2021FY 2020
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Pyramid Timber Associates Private Limited, buy the company report.

Charges & borrowings

Open charges
₹6.25 Cr
Satisfied charges
₹51.42 Cr
Breakdown by lending institutions
Icici Bank Ltd.₹6.25 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
25 Sep 199790191854Icici Bank Ltd.₹6.25 CrOpen
21 Oct 2022100676601Hdfc Bank Limited₹20 CrSatisfied
22 Feb 2017100087752Others₹41 LakhSatisfied
29 Jan 2016100022885Others₹41 LakhSatisfied
30 Mar 201510569465Union Bank of India₹20 LakhSatisfied

To see the full charge records of Pyramid Timber Associates Private Limited, buy the company report.

Total charge records: 10 View all charges

Deals & funding

Pyramid Timber Associates Private Limited has 6 deals on record (6 secondary share transfers); the latest was in March 2023.

Total deals
6
Secondary share transfers
6

Deals on record (5 of 6)

WhenDealAmountParties
Mar 2023Secondary share transferUndisclosedBuyer: 4 individuals
Seller: 2 individuals
Apr 2021Secondary share transferUndisclosedBuyer: 2 individuals
Seller: 2 individuals
Mar 2016Secondary share transferUndisclosedBuyer: 4 individuals
Seller: 4 individuals
Mar 2014Secondary share transferUndisclosedBuyer: 4 individuals
Seller: 2 individuals
Mar 2013Secondary share transferUndisclosedBuyer: an individual
Seller: an individual

To see the full deal history of Pyramid Timber Associates Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Pyramid Timber Associates Private Limited was last rated by Icra on 18 Jan 2022.

Rating agencyRated onRating
Icra18 Jan 2022

To see the full credit ratings and regulatory alerts of Pyramid Timber Associates Private Limited, buy the company report.

MSME payment delays

Pyramid Timber Associates Private Limited has 4 MSME Form 1 returns on record between 2022 and 2023, listing 236 overdue payments to 19 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 19)

SupplierAmount dueDue sinceReported on
Kupsa Coatings Private Limited
A.K.Veneers Private Limited
M.A. Board Products Private Limited
Victory Comforts
Beech Impex Private Limited

To see the full MSME payment records of Pyramid Timber Associates Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Pyramid Timber Associates Private Limited has a workforce of 100 employees on its EPFO records as of Nov 30, 2024, across 1 active EPFO establishment.

Employee count
100
Active EPFO establishments
1
Employee growth
4.17%

GST

Pyramid Timber Associates has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AABCP0488K1Z1KarnatakaActive01 Jul 2017

To see the full GST registrations and return filing status of Pyramid Timber Associates Private Limited, buy the company report.

Recent activity

Pyramid Timber Associates Private Limited has 9 board changes on record since 1987: 7 appointments and 2 cessations. The latest: Hyder Tyeb Vagh was appointed as Director on 13 Nov 2023.

AGM
Pyramid Timber Associates Private Limited last Annual general meeting of members was held on 30 Aug 2025 as per latest MCA records.
Filing
Pyramid Timber Associates Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Hyder Tyeb Vagh was appointed as Director.
Charges
A charge registered on 21 Oct 2022 via Charge ID 100676601 with Hdfc Bank Limited was fully satisfied on 24 Jul 2023.
Ceased
Tyeb Vagh Salehbhai ceased to be Director.
Charges
A charge registered on 22 Feb 2017 via Charge ID 100087752 with Others was fully satisfied on 28 Oct 2022.
Charges
A charge registered on 29 Jan 2016 via Charge ID 100022885 with Others was fully satisfied on 28 Oct 2022.
Charges
A charge registered on 30 Mar 2015 via Charge ID 10569465 with Union Bank Of India was fully satisfied on 28 Oct 2022.
Charges
A charge registered on 08 Dec 2004 via Charge ID 90192909 with Union Bank Of India was fully satisfied on 28 Oct 2022.
Charges
A charge registered on 02 Nov 2004 via Charge ID 90192888 with Others was fully satisfied on 28 Oct 2022.
Charges
A charge registered on 13 Oct 2004 via Charge ID 90192881 with Union Bank Of India was fully satisfied on 28 Oct 2022.
Charges
A charge registered on 30 Mar 2004 via Charge ID 90192821 with Union Bank Of India was fully satisfied on 28 Oct 2022.

23 earlier events are in the company report.

Frequently asked questions

Pyramid Timber Associates is an active private limited company based in Mysore, Karnataka, India. The company works in fittings and components, within the manufacturing industry. It was incorporated on 29 October 1987 (39+ years old) and is registered under CIN U68100KA1987PTC008701.

Pyramid Timber Associates has 7 current directors:

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

The GSTIN of Pyramid Timber Associates is 29AABCP0488K1Z1, registered in Karnataka.

The CIN (Corporate Identification Number) of Pyramid Timber Associates is U68100KA1987PTC008701. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Pyramid Timber Associates has 7 court cases on record: 4 filed by the company and 3 filed against it. 2 are pending. Most are in the district courts.

Pyramid Timber Associates was incorporated on 29 October 1987, making it 39+ years old. It is registered with the Registrar of Companies, Bangalore.

Pyramid Timber Associates has 6 deals on record (6 secondary share transfers); the latest was in March 2023.

Hyder Tyeb Vagh was appointed as Director on 13 Nov 2023. Tyeb Vagh Salehbhai ceased to be Director on 10 Jan 2023. Yusuf Hussain Vagh was appointed as Director on 28 Sep 2011. Pyramid Timber Associates has 9 board changes on record in total.

Yes, Pyramid Timber Associates is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-22-0013603).

Pyramid Timber Associates has 4 MSME Form 1 returns on record between 2022 and 2023, listing 236 overdue payments to 19 micro and small suppliers. The latest return was filed on 27 Aug 2023.