MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0043251
Royal Thermoset Private Limited - machinery and equipment in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹4.53 Cr
▲ 88% YoY
Net profit · FY 2025
₹28.74 Lakh
Net margin 6.3%
EBITDA · FY 2025
₹45.1 Lakh
EBITDA margin 10%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹4.35 Lakh
Issued & subscribed
Company age
36 yrs
Est. 1990
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered
About Royal Thermoset Private Limited
Data last updated:
Royal Thermoset Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the industrial machinery retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 16 November 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U26102MH1990PTC059007. Its GSTIN is 27AAACR5307C1ZT (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹4.35 Lakh. It is led by directors including Seema Pradip Thakkar and Aditya Thakkar Pradip.
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 27 Kewal Indl.Estate Senapati Bapat Marg Lower Parel, Mumbai, Maharashtra, India – 400013.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.53 Cr, a growth of 88% compared to the previous year. For the same year it recorded a net profit of ₹28.74 Lakh (net margin 6.3%) and EBITDA of ₹45.1 Lakh (EBITDA margin 10%). Revenue has declined at a compounded annual rate (CAGR) of 3% over five years.
The company is associated with 1 brand: Royal Thermoset.
Royal Thermoset Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0043251). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website royalthermoset.com.
Company details
CIN U26102MH1990PTC059007
Registration Number 059007
Incorporation Date 16 November 1990
ROC Mumbai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-19-0043251
Key People
Seema Pradip Thakkar Director Aditya Thakkar Pradip Director Piya Pradip Thakkar Director Recognitions & Rankings of Royal Thermoset
Contact details
Royal Thermoset Private Limited's registered office is in Mumbai, Maharashtra. Its website is royalthermoset.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address27 Kewal Indl.Estate Senapati Bapat Marg Lower Parel, Mumbai, Maharashtra, India – 400013
- IndustryMachinery and Equipment, Industrial Machinery Retail & Distribution
To see the full contact details of Royal Thermoset Private Limited, buy the company report.
Comprehensive company report
Royal Thermoset 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
Royal Thermoset operates one associated brand: Royal Thermoset. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Composite solutions, equipment, and services for manufacturing sectors. | royalthermoset.com |
Business activity
The main business activity of Royal Thermoset is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Royal Thermoset Private Limited, buy the company report.
Financials of Royal Thermoset Private Limited
FY 2024 filings availableRoyal Thermoset Private Limited reported revenue of ₹4.53 Cr (up 88% YoY) for FY 2025.
Revenue · FY 2025
₹4.53 Cr ▲ 88%
Net profit · FY 2025
₹28.74 Lakh margin 6.3%
EBITDA · FY 2025
₹45.1 Lakh margin 10%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 88%
5 years · compounded
▼ 3%
EBITDA CAGR growth
1 year
▲ 209%
3 years · compounded
▲ 12%
5 years · compounded
▲ 2%
Revenue rose 88% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 3%. EBITDA rose 209% 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 |
|---|---|---|---|---|---|
| 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 | ₹45.1 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹28.74 Lakh | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10% | ||||
| Net Profit Margin | 6.3% | ||||
| 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 Royal Thermoset Private Limited, buy the company report.
Board of directors of Royal Thermoset Private Limited
Royal Thermoset has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Seema Pradip Thakkar Also directs: Mechemco Resins Private Limited, Matrix Polymers Private Limited | Director | 05 Jul 1994 | 32 Years 4 Months | Current |
| Aditya Thakkar Pradip Also directs: Mechemco Resins Private Limited, Matrix Polymers Private Limited, Network Polymers Private Limited and 2 more | Director | 03 Jan 2022 | 4 Years 10 Months | Current |
| Piya Pradip Thakkar Also directs: Mechemco Resins Private Limited, Matrix Polymers Private Limited, Network Polymers Private Limited and 2 more | Director | 03 Jan 2022 | 4 Years 10 Months | Current |
Peer comparison
Royal Thermoset Private Limited is compared with the 5 companies closest to it by revenue in the Machinery and Equipment industry (Machinery and Equipment Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aroha Exim Private Limited | ₹4.54 Cr (FY 2016) | 112.0% | Mangalore, Karnataka, India | |||
| Janki Tara Impex Private Limited | ₹4.54 Cr (FY 2025) | -87.0% | Surat, Gujarat, India | |||
| Bash Elevators and Escalators Private Limited | ₹4.53 Cr (FY 2024) | 24.0% | Kanpur, Uttar Pradesh, India | |||
| Royal Thermoset Private Limitedthis company | ₹4.53 Cr (FY 2025) | ₹28.74 Lakh | 6.3% | 88.0% | Mumbai, Maharashtra, India | |
| Trinity Hydraulics and Pneumatics Private Limited | ₹4.52 Cr (FY 2025) | 3.0% | Jaipur, Rajasthan, India | |||
| Jaaz Textile Systems Private Limited | ₹4.5 Cr (FY 2025) | 8.0% | Coimbatore, Tamil Nadu, India |
To see the full peer comparison of Royal Thermoset Private Limited, buy the company report.
Auditor
Royal Thermoset Private Limited is audited by KARIA & SHAH for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KARIA & SHAH | FY 2023 | 112203W |
Shareholding
The shareholding of Royal Thermoset 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 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Royal Thermoset Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Royal Thermoset 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
No delayed payments to MSME suppliers are on our record for Royal Thermoset Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Royal Thermoset has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACR5307C1ZT | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Royal Thermoset Private Limited, buy the company report.
Recent activity
Royal Thermoset Private Limited has 7 board changes on record since 1994: 5 appointments and 2 cessations. The latest: Pradip Amratlal Thakkar ceased to be Director on 13 Feb 2022.
AGM
Royal Thermoset Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Royal Thermoset Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Ceased
Pradip Amratlal Thakkar ceased to be Director.
Appointed
Aditya Thakkar Pradip was appointed as Director.
Appointed
Piya Pradip Thakkar was appointed as Director.
Ceased
Pradeep Anant Joshi ceased to be Director.
Appointed
Pradip Amratlal Thakkar was appointed as Director.
Appointed
Pradeep Anant Joshi was appointed as Director.
Appointed
Seema Pradip Thakkar was appointed as Director.
Incorporation
16 Nov 1990
Royal Thermoset Private Limited was registered on 16 Nov 1990 with Roc Mumbai & aged 35 years 11 months as per MCA records.
Frequently asked questions
Royal Thermoset is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial machinery retail and distribution, within the machinery and equipment industry. It was incorporated on 16 November 1990 (36+ years old) and is registered under CIN U26102MH1990PTC059007.
Royal Thermoset has 3 current directors:
- Seema Pradip Thakkar - Director
- Aditya Thakkar Pradip - Director
- Piya Pradip Thakkar - Director
The latest financial statements of Royal Thermoset 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 Royal Thermoset is 27AAACR5307C1ZT, registered in Maharashtra.
The CIN (Corporate Identification Number) of Royal Thermoset is U26102MH1990PTC059007. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Royal Thermoset was incorporated on 16 November 1990, making it 36+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Royal Thermoset by revenue are Aroha Exim Private Limited, Janki Tara Impex Private Limited, Bash Elevators and Escalators Private Limited, Trinity Hydraulics and Pneumatics Private Limited, Jaaz Textile Systems Private Limited, all in the Machinery and Equipment industry (Machinery and Equipment Retail and Distribution), with the same principal business activity (wholesale trading).
Pradip Amratlal Thakkar ceased to be Director on 13 Feb 2022. Aditya Thakkar Pradip was appointed as Director on 03 Jan 2022. Piya Pradip Thakkar was appointed as Director on 03 Jan 2022. Royal Thermoset has 7 board changes on record in total.
Yes, Royal Thermoset is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0043251).
Royal Thermoset can be reached through the website royalthermoset.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Royal Thermoset is at 27 Kewal Indl.Estate Senapati Bapat Marg Lower Parel, Mumbai, Maharashtra, India – 400013.
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