Tattva Enterprises LLP

Tattva Enterprises LLP - manufacturing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
LLPIN AAI-5408 Incorporated 12 February 2017 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Limited Liability Partnership manufacturing Startup India MSME · Small
Data last updated
Revenue · FY 2023
₹70.48 Cr
▲ 33% YoY
Net profit · FY 2023
₹1.01 Cr
Net margin 1.4%
EBITDA · FY 2023
₹1.69 Cr
EBITDA margin 2.4%
Contribution obligation
₹1 Lakh
As per LLP agreement
Open charges
₹50.22 Cr
Satisfied ₹8.2 Cr
LLP age
9 yrs
Est. 2017
Employees · EPFO
51
Provident fund records
Designated partners
2
As per MCA filings

About Tattva Enterprises LLP

Data last updated:

Tattva Enterprises LLP is a limited liability partnership (LLP) based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 12 February 2017 and has been in existence for over 9 years.

The LLP is registered with the Registrar of Companies (ROC), Mumbai, under LLPIN AAI-5408. Its GSTIN is 24AAMFT2177K1ZS (Gujarat). The LLP holds 3 GST registrations, all of them active.

The LLP has a total obligation of contribution of ₹1 Lakh. It is led by designated partners Ujwal Dhruven Desai and Saumil Dinesh Desai.

Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at 175/5 New Aashirwad Industrial Estate Ram Mandir Road Goregaon (West), Mumbai, Maharashtra, India – 400104.

As per the financials filed for FY 2023, the LLP reported a revenue of ₹70.48 Cr, a growth of 33% compared to the previous year. For the same year it recorded a net profit of ₹1.01 Cr (net margin 1.4%) and EBITDA of ₹1.69 Cr (EBITDA margin 2.4%). Revenue has grown at a compounded annual rate (CAGR) of 64% over three years and 52% over five years.

The LLP has about 51 employees on its provident fund (EPFO) records.

The LLP is associated with 1 brand: Lucro. As per MCA filings, the LLP has open charges of ₹50.22 Cr and satisfied charges of ₹8.2 Cr on record. Court records list 1 case involving the LLP, including 1 filed against it.

Tattva Enterprises LLP is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-25-0007677).

Company details

LLPIN AAI-5408
Incorporation Date 12 February 2017
Total Obligation of Contribution ₹1 Lakh
ROC Mumbai
Company Status Active
Date of Last AGM 31 March 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-GJ-25-0007677
Key People
Ujwal Dhruven Desai Partner Saumil Dinesh Desai Designated Partner

Recognitions & Rankings of Tattva Enterprises

Startup India Government of India
MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-GJ-25-0007677

Contact details

Tattva Enterprises LLP's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    175/5 New Aashirwad Industrial Estate Ram Mandir Road Goregaon (West), Mumbai, Maharashtra, India – 400104
  • Industry
    Manufacturing, Plastic-Based Products

To see the full contact details of Tattva Enterprises LLP, buy the company report.

Comprehensive company report
Tattva Enterprises LLP - 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

Tattva Enterprises operates one associated brand: Lucro. Each brand links to its own profile.

BrandDescriptionWebsite
Lucro
Post-consumer plastic waste is collected, recycled, and manufactured into products.lucro.in

Financials of Tattva Enterprises LLP

FY 2025 filings available

Tattva Enterprises LLP reported revenue of ₹70.48 Cr (up 33% YoY) for FY 2023.

Revenue · FY 2023
₹70.48 Cr ▲ 33%
Net profit · FY 2023
₹1.01 Cr margin 1.4%
EBITDA · FY 2023
₹1.69 Cr margin 2.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 33%
3 years · compounded
▲ 64%
5 years · compounded
▲ 52%
EBITDA CAGR growth
1 year
▲ 64%

Revenue has grown at a compounded annual rate (CAGR) of 52% over five years, including 33% growth in the latest year. EBITDA rose 64% 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

Statement of Account and SolvencyFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Income and Expenditure
Turnover
Other Income
Total Income
Purchases and Direct Costs
Personnel Expenses
Administrative Expenses
Interest
Depreciation
Total Expenses
Profit Before Tax
Tax
Profit After Tax₹1.01 Cr
Profit Transferred to Partners
Assets and Liabilities
Partners' Contribution
Reserves and Surplus
Secured Loans
Unsecured Loans
Trade Payables
Other Liabilities and Provisions
Total Liabilities
Fixed Assets
Investments
Loans and Advances
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

Statement of Account and SolvencyFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
Net Profit Margin1.4%
Return on Partners' Funds
Return on Assets
Liquidity and Debt
Current Ratio
Debt to Partners' Funds
Interest Coverage
Efficiency and Growth
Asset Turnover
Receivable Days
Turnover Growth
Profit Growth

To see the full financial statements and ratios of Tattva Enterprises LLP, buy the company report.

Designated partners of Tattva Enterprises LLP

Tattva Enterprises has 2 current designated partners and 2 former designated partners. Current designated partners are listed first, with their designation and appointment date.

Current Designated Partners
NameDesignationAppointment DateTenureStatus
Ujwal Dhruven Desai
Also directs: Lucro Plastecycle Private Limited, Risaikuru Solutions Private Limited, Risaikuru Innovations Private Limited and 4 more
Partner17 Feb 20206 Years 8 MonthsCurrent
Saumil Dinesh Desai
Also directs: Lucro Plastecycle Private Limited
Designated Partner12 Feb 20179 Years 8 MonthsCurrent
View all designated partners

Charges & borrowings

Open charges
₹50.22 Cr
Satisfied charges
₹8.2 Cr
Breakdown by lending institutions
Axis Bank Limited₹31.50 Cr
Yes Bank Limited₹15.00 Cr
Sidbi₹3.36 Cr
Canara Bank₹0.36 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
13 Jun 2025101158448Yes Bank Limited₹15 CrOpen
25 Feb 2025101061179Canara Bank₹36 LakhOpen
20 Dec 2024101020546Sidbi₹3.36 CrOpen
23 Nov 2022100646635Axis Bank Limited₹31.5 CrOpen
08 Sep 2021100505749Indusind Bank Ltd.₹5 CrSatisfied

To see the full charge records of Tattva Enterprises LLP, buy the company report.

Total charge records: 6 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Tattva Enterprises LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Tattva Enterprises LLP has a workforce of 51 employees on its EPFO records as of May 2026, across 2 active EPFO establishments.

Employee count
51
Active EPFO establishments
2
Employee growth
218.8%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2026-2751
FY 2025-26
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
FY 2019-20

To see the full employee and EPFO history of Tattva Enterprises LLP, buy the company report.

GST

Tattva Enterprises has 3 GST registrations: 3 active.

Total GSTINs
3
Active
3
GSTINStateStatusRegistered on
24AAMFT2177K1ZSGujaratActive01 Jul 2017
06AAMFT2177K1ZQHaryanaActive19 May 2022
08AAMFT2177K1ZMRajasthanActive13 Jul 2022

To see the full GST registrations and return filing status of Tattva Enterprises LLP, buy the company report.

Recent activity

Tattva Enterprises LLP has 4 designated partner changes on record since 2017: 4 appointments. The latest: Ujwal Dhruven Desai was appointed as Partner on 17 Feb 2020.

Charges
A charge with Yes Bank Limited of Rs. 1,500.00 Lakh registered on 13 Jun 2025 with Charge ID 101158448 was modified on 01 Nov 2025.
Charges
A charge with Axis Bank Limited of Rs. 3,150.00 Lakh registered on 23 Nov 2022 with Charge ID 100646635 was modified on 01 Nov 2025.
Charges
A charge with Yes Bank Limited amounted to Rs. 1,500.00 Lakh with Charge ID 101158448 was registered on 13 Jun 2025.
AGM
Tattva Enterprises Llp last Annual general meeting of members was held on 31 Mar 2025 as per latest MCA records.
Filing
Tattva Enterprises Llp has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Charges
A charge with Canara Bank amounted to Rs. 36.00 Lakh with Charge ID 101061179 was registered on 25 Feb 2025.
Charges
A charge with Sidbi amounted to Rs. 336.30 Lakh with Charge ID 101020546 was registered on 20 Dec 2024.
Charges
A charge registered on 08 Sep 2021 via Charge ID 100505749 with Indusind Bank Ltd. was fully satisfied on 26 Nov 2024.
Charges
A charge registered on 05 Oct 2017 via Charge ID 100155777 with Canara Bank was fully satisfied on 22 Oct 2024.
Charges
A charge with Axis Bank Limited amounted to Rs. 3,150.00 Lakh with Charge ID 100646635 was registered on 23 Nov 2022.
Charges
A charge with Indusind Bank Ltd. amounted to Rs. 500.00 Lakh with Charge ID 100505749 was registered on 08 Sep 2021.
Appointed
Ujwal Dhruven Desai was appointed as Partner.

5 earlier events are in the company report.

Frequently asked questions

Tattva Enterprises is an active limited liability partnership based in Mumbai, Maharashtra, India. The LLP works in plastic-based products, within the manufacturing industry. It was incorporated on 12 February 2017 (9+ years old) and is registered under LLPIN AAI-5408.

Tattva Enterprises has 2 current designated partners:

The latest financial statements of Tattva Enterprises on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 31 March 2025. Year-wise statements from FY 2017 are in the company report.

The GSTIN of Tattva Enterprises is 24AAMFT2177K1ZS, registered in Gujarat. The LLP has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 06AAMFT2177K1ZQ (Haryana), 08AAMFT2177K1ZM (Rajasthan).

The LLPIN (Limited Liability Partnership Identification Number) of Tattva Enterprises is AAI-5408. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.

Tattva Enterprises has 1 court case on record: 1 filed against it.

Tattva Enterprises was incorporated on 12 February 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.

Ujwal Dhruven Desai was appointed as Partner on 17 Feb 2020. Hiral Parikshit Pawar was appointed as Partner on 12 Feb 2017. Saumil Dinesh Desai was appointed as Designated Partner on 12 Feb 2017. Tattva Enterprises has 4 designated partner changes on record in total.

Yes, Tattva Enterprises is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Yes, Tattva Enterprises is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-25-0007677).