Tangent Science Private Limited

Tangent Science Private Limited - chemicals and materials in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN U24290GJ2020PTC114057 Incorporated 19 June 2020 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Private Limited Company chemicals and materials MSME
Data last updated
Revenue · FY 2025
₹33.89 Cr
▲ 92% YoY
Net loss · FY 2025
₹15.27 Cr
Net margin -45.1%
EBITDA · FY 2025
-₹2.11 Cr
EBITDA margin -6.2%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Open charges
₹165.38 Cr
Secured borrowings
Company age
6 yrs
Est. 2020
Employees · EPFO
86
Provident fund records

About Tangent Science Private Limited

Data last updated:

Tangent Science Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 19 June 2020 and has been in existence for over 6 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24290GJ2020PTC114057. Its GSTIN is 24AAHCT9020F1ZI (Gujarat).

The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Mihir Vinodbhai Patel and Gaurav Vinodbhai Patel.

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 Plot No. 623 Phase – IV G.I.D.C Vatva, Ahmedabad, Gujarat, India – 382445.

As per the financials filed for FY 2025, the company reported a revenue of ₹33.89 Cr, a growth of 92% compared to the previous year. For the same year it recorded a net loss of ₹15.27 Cr (net margin -45.1%) and EBITDA of -₹2.11 Cr (EBITDA margin -6.2%).

The company has about 86 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹165.38 Cr on record.

Tangent Science Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0142490).

Company details

CIN U24290GJ2020PTC114057
Registration Number 114057
Incorporation Date 19 June 2020
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification MSME
Udyam Registration UDYAM-GJ-01-0142490
Key People
Mihir Vinodbhai Patel Director Gaurav Vinodbhai Patel Director Shalini Rajkumar Mourya Director

Recognitions & Rankings of Tangent Science

MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-GJ-01-0142490

Contact details

Tangent Science Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Plot No. 623 Phase – IV G.I.D.C Vatva, Ahmedabad, Gujarat, India – 382445
  • Industry
    Chemicals and Materials, Industrial Chemicals

To see the full contact details of Tangent Science Private Limited, buy the company report.

Comprehensive company report
Tangent Science 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Business activity

The main business activity of Tangent Science is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC6Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products

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

Financials of Tangent Science Private Limited

FY 2025 filings available

Tangent Science Private Limited reported revenue of ₹33.89 Cr (up 92% YoY) for FY 2025.

Revenue · FY 2025
₹33.89 Cr ▲ 92%
Net loss · FY 2025
₹15.27 Cr margin -45.1%
EBITDA · FY 2025
-₹2.11 Cr margin -6.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 92%
EBITDA CAGR growth
1 year
▼ 61%
3 years · compounded
▼ 125%

Revenue rose 92% in the latest year. EBITDA fell 61% 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-₹2.11 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹15.27 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 Margin-6.2%
Net Profit Margin-45.1%
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 Tangent Science Private Limited, buy the company report.

Board of directors of Tangent Science Private Limited

Tangent Science has 4 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Mihir Vinodbhai Patel
Also directs: Bhavani Procon LLP, Veer Chemspec LLP, Acunpharm Lifescience LLP and 3 more
Director19 Jun 20206 Years 4 MonthsCurrent
Gaurav Vinodbhai Patel
Also directs: Bhavani Procon LLP, Veer Chemspec LLP, Acunpharm Lifescience LLP and 1 more
Director19 Jun 20206 Years 4 MonthsCurrent
Shalini Rajkumar Mourya
Also directs: Veer Chemspec LLP, SKV Tradecon LLP
Director19 Jun 20206 Years 4 MonthsCurrent
Divya Girish Khurana
Also directs: Veer Chemspec LLP
Director19 Jun 20206 Years 4 MonthsCurrent
View all directors

Peer comparison

Tangent Science Private Limited is compared with the 4 companies closest to it by revenue in the Chemicals industry (Industrial Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Sahithi Pharma Private Limited₹34.27 Cr (FY 2025)67.0%Hyderabad, Telangana, India
Tangent Science Private Limitedthis company₹33.89 Cr (FY 2025)-₹15.27 Cr-45.1%92.0%Ahmedabad, Gujarat, India
Sujag Fine Chemicals Private Limited₹33.57 Cr (FY 2024)-20.0%Vadodara, Gujarat, India
Silicate India Private Limited₹33.31 Cr (FY 2024)81.0%Chennai, Tamil Nadu, India
Aarav Salt & Chemicals Private Limited₹33.26 Cr (FY 2024)-64.0%Ahmedabad, Gujarat, India

To see the full peer comparison of Tangent Science Private Limited, buy the company report.

Auditor

Tangent Science Private Limited is audited by Rathin Majmudar & Co. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Rathin Majmudar & Co.FY 2023131891W

Shareholding

The shareholding of Tangent Science Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

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

To see the full shareholding pattern of Tangent Science Private Limited, buy the company report.

Charges & borrowings

Open charges
₹165.38 Cr
Satisfied charges
None
Breakdown by lending institutions
Axis Bank Limited₹150.00 Cr
State Bank of India₹15.31 Cr
Hdfc Bank Limited₹0.07 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
20 Sep 2025101159199Hdfc Bank Limited₹7.46 LakhOpen
27 Feb 2024100880219Axis Bank Limited₹75 CrOpen
05 Oct 2023100804253Axis Bank Limited₹75 CrOpen
04 May 2023100719926State Bank of India₹7.66 CrOpen
02 May 2023100719940State Bank of India₹7.66 CrOpen

To see the full charge records of Tangent Science Private Limited, buy the company report.

Total charge records: 5 View all charges

MSME payment delays

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

GST

Tangent Science has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAHCT9020F1ZIGujaratActive09 Dec 2020

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

Recent activity

Tangent Science Private Limited has 4 board changes on record since 2020: 4 appointments. The latest: Divya Girish Khurana was appointed as Director on 19 Jun 2020.

AGM
Tangent Science Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 7.46 Lakh with Charge ID 101159199 was registered on 20 Sep 2025.
Filing
Tangent Science Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with State Bank Of India of Rs. 765.50 Lakh registered on 04 May 2023 with Charge ID 100719926 was modified on 02 Aug 2024.
Charges
A charge with State Bank Of India of Rs. 765.50 Lakh registered on 02 May 2023 with Charge ID 100719940 was modified on 12 Jun 2024.
Charges
A charge with Axis Bank Limited amounted to Rs. 7,500.00 Lakh with Charge ID 100880219 was registered on 27 Feb 2024.
Charges
A charge with Axis Bank Limited amounted to Rs. 7,500.00 Lakh with Charge ID 100804253 was registered on 05 Oct 2023.
Charges
A charge with State Bank Of India amounted to Rs. 765.50 Lakh with Charge ID 100719926 was registered on 04 May 2023.
Charges
A charge with State Bank Of India amounted to Rs. 765.50 Lakh with Charge ID 100719940 was registered on 02 May 2023.
Appointed
Divya Girish Khurana was appointed as Director.
Appointed
Gaurav Vinodbhai Patel was appointed as Director.
Appointed
Mihir Vinodbhai Patel was appointed as Director.

2 earlier events are in the company report.

Frequently asked questions

Tangent Science is an active private limited company based in Ahmedabad, Gujarat, India. The company works in industrial chemicals, within the chemicals and materials industry. It was incorporated on 19 June 2020 (6+ years old) and is registered under CIN U24290GJ2020PTC114057.

Tangent Science has 4 current directors:

The latest financial statements of Tangent Science 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 FY 2021 are in the company report.

The GSTIN of Tangent Science is 24AAHCT9020F1ZI, registered in Gujarat.

The CIN (Corporate Identification Number) of Tangent Science is U24290GJ2020PTC114057. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Tangent Science was incorporated on 19 June 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ahmedabad.

The peers of Tangent Science by revenue are Sahithi Pharma Private Limited, Sujag Fine Chemicals Private Limited, Silicate India Private Limited, Aarav Salt & Chemicals Private Limited, all in the Chemicals industry (Industrial Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).

Divya Girish Khurana was appointed as Director on 19 Jun 2020. Gaurav Vinodbhai Patel was appointed as Director on 19 Jun 2020. Mihir Vinodbhai Patel was appointed as Director on 19 Jun 2020. Tangent Science has 4 board changes on record in total.

Yes, Tangent Science is registered as an MSME under Udyam registration (number: UDYAM-GJ-01-0142490).

The registered office of Tangent Science is at Plot No. 623 Phase – IV G.I.D.C Vatva, Ahmedabad, Gujarat, India – 382445.

Tangent Science operates in the chemicals and materials industry, in the industrial chemicals segment.