Thakor Reductant Private Limited

Thakor Reductant Private Limited - chemicals and materials in Surat, Gujarat, India. FY 2026 financials & compliance.
CIN U65910GJ1995PTC026300 Incorporated 13 June 1995 ROC Ahmedabad HQ Surat, Gujarat, India
Active Private Limited Company chemicals and materials MSME · Medium
Data last updated
Revenue · FY 2025
₹49.49 Cr
▲ 21% YoY
Net profit · FY 2025
₹42.07 Lakh
Net margin 0.9%
EBITDA · FY 2025
₹1.41 Cr
EBITDA margin 2.9%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹49.8 Lakh
Issued & subscribed
Open charges
₹5.52 Cr
Satisfied ₹38.28 Cr
Company age
31 yrs
Est. 1995
Employees · EPFO
12
Provident fund records

About Thakor Reductant Private Limited

Data last updated:

Thakor Reductant Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the dyes and pigments segment of the chemicals and materials sector. It was incorporated on 13 June 1995 and has been in existence for over 31 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U65910GJ1995PTC026300. Its GSTIN is 24AABCT0632R1Z7 (Gujarat).

The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹49.8 Lakh. It was formerly known as Thakor Reductants Private Limited. It is led by directors Mita Yogesh Kumar Mandleywala and Yogesh Thakordas Mandlewala.

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 A 19/11 M G Road No. 8 Udhyog Nagar Udhna, Surat, Gujarat, India – 394210.

As per the financials filed for FY 2025, the company reported a revenue of ₹49.49 Cr, a growth of 21% compared to the previous year. For the same year it recorded a net profit of ₹42.07 Lakh (net margin 0.9%) and EBITDA of ₹1.41 Cr (EBITDA margin 2.9%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 3% over five years.

The company has about 12 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹5.52 Cr and satisfied charges of ₹38.28 Cr on record. Court records list 31 cases involving the company, including 4 filed by the company and 27 filed against it; 4 cases are pending. The company has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹11.2 Cr; the latest was in March 2011.

Thakor Reductant Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0038030). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website trplpaints.com.

Company details

CIN U65910GJ1995PTC026300
Registration Number 026300
Incorporation Date 13 June 1995
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-22-0038030
Key People
Mita Yogesh Kumar Mandleywala Director Yogesh Thakordas Mandlewala Director

Recognitions & Rankings of Thakor Reductant

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-GJ-22-0038030

Contact details

Thakor Reductant Private Limited's registered office is in Surat, Gujarat. Its website is trplpaints.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    trplpaints.com
  • Social Media
  • Registered Address
    A 19/11 M G Road No. 8 Udhyog Nagar Udhna, Surat, Gujarat, India – 394210
  • Industry
    Chemicals and Materials, Dyes & Pigments, Colorants

To see the full contact details of Thakor Reductant Private Limited, buy the company report.

Comprehensive company report
Thakor Reductant 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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Business activity

The main business activity of Thakor Reductant is manufacturing. In detail, this covers textile, leather and other apparel products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC2Textile, leather and other apparel products

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

Financials of Thakor Reductant Private Limited

FY 2025 filings available

Thakor Reductant Private Limited reported revenue of ₹49.49 Cr (up 21% YoY) for FY 2025.

Revenue · FY 2025
₹49.49 Cr ▲ 21%
Net profit · FY 2025
₹42.07 Lakh margin 0.9%
EBITDA · FY 2025
₹1.41 Cr margin 2.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 21%
3 years · compounded
▲ 4%
5 years · compounded
▲ 3%
EBITDA CAGR growth
1 year
▼ 28%
3 years · compounded
▼ 30%
5 years · compounded
▼ 20%

Revenue has grown at a compounded annual rate (CAGR) of 3% over five years, including 21% growth in the latest year. EBITDA fell 28% 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₹1.41 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹42.07 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin2.9%
Net Profit Margin0.9%
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 Thakor Reductant Private Limited, buy the company report.

Board of directors of Thakor Reductant Private Limited

Thakor Reductant has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Mita Yogesh Kumar Mandleywala
Also directs: Mandle Specialities Limited, Cosmos Test House Private Limited
Director01 Apr 20251 Years 7 MonthsCurrent
Yogesh Thakordas MandlewalaDirector25 Jan 20224 Years 9 MonthsCurrent
View all directors

Auditor

Thakor Reductant Private Limited is audited by HARSHAL K. GANDHI & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
HARSHAL K. GANDHI & ASSOCIATESFY 2023132786W

Shareholding

The shareholding of Thakor Reductant 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Thakor Reductant Private Limited, buy the company report.

Charges & borrowings

Open charges
₹5.52 Cr
Satisfied charges
₹38.28 Cr
Breakdown by lending institutions
Others₹5.52 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
01 Jul 2021100462698Others₹52 LakhOpen
30 Apr 2016100047040Others₹5 CrOpen
02 Jun 2020100346696Others₹68 LakhSatisfied
02 Apr 2019100264882Others₹55 LakhSatisfied
13 Dec 2018100227729The South Indian Bank Limited₹3.5 CrSatisfied

To see the full charge records of Thakor Reductant Private Limited, buy the company report.

Total charge records: 15 View all charges

Deals & funding

Thakor Reductant Private Limited has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹11.2 Cr; the latest was in March 2011.

Total deals
3
Funding rounds
2
Secondary share transfer
1
Disclosed funding
₹11.2 Cr

Deals on record (3 of 3)

WhenDealAmountParties
Mar 2011Funding round₹9.4 CrInvestors: Alliance Commodities Private Limited
Dec 2009Funding round₹1.8 CrInvestors: Garrison Pharma (India) Limited , Blazer Venture Private Limited , Kumaon Engineering Company Private Limited
Mar 2008Secondary share transferUndisclosedBuyer: 4 individuals
Seller: 3 individuals

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

MSME payment delays

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

Employees & EPFO

Thakor Reductant Private Limited has a workforce of 12 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.

Employee count
12
Active EPFO establishments
1

GST

Thakor Reductant has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AABCT0632R1Z7GujaratActive01 Jul 2017

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

Recent activity

Thakor Reductant Private Limited has 11 board changes on record since 1995: 6 appointments and 5 cessations. The latest: Mita Yogesh Kumar Mandleywala was appointed as Director on 01 Apr 2025.

AGM
Thakor Reductant Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Appointed
Mita Yogesh Kumar Mandleywala was appointed as Director.
Ceased
Naresh Thakordas Mandlewala ceased to be Director.
Filing
Thakor Reductant Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge registered on 13 Dec 2018 via Charge ID 100227729 with The South Indian Bank Limited was fully satisfied on 06 Sep 2024.
Charges
A charge registered on 04 Dec 2017 via Charge ID 100151155 with Others was fully satisfied on 06 Sep 2024.
Charges
A charge registered on 01 Dec 2017 via Charge ID 100148693 with Others was fully satisfied on 06 Sep 2024.
Charges
A charge registered on 22 Oct 2014 via Charge ID 10531590 with The South Indian Bank Limited was fully satisfied on 06 Sep 2024.
Ceased
Freny Hiral Jariwala ceased to be Director.
Appointed
Yogesh Thakordas Mandlewala was appointed as Director.
Charges
A charge registered on 02 Jun 2020 via Charge ID 100346696 with Others was fully satisfied on 19 Jul 2021.
Charges
A charge with Others amounted to Rs. 52.00 Lakh with Charge ID 100462698 was registered on 01 Jul 2021.

33 earlier events are in the company report.

Frequently asked questions

Thakor Reductant is an active private limited company based in Surat, Gujarat, India. The company works in dyes and pigments, within the chemicals and materials industry. It was incorporated on 13 June 1995 (31+ years old) and is registered under CIN U65910GJ1995PTC026300.

Thakor Reductant has 2 current directors:

The latest financial statements of Thakor Reductant 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 2015 are in the company report.

The GSTIN of Thakor Reductant is 24AABCT0632R1Z7, registered in Gujarat.

The CIN (Corporate Identification Number) of Thakor Reductant is U65910GJ1995PTC026300. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Thakor Reductant has 31 court cases on record: 4 filed by the company and 27 filed against it. 4 are pending. Most are in the district courts.

Thakor Reductant was incorporated on 13 June 1995, making it 31+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Thakor Reductant has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹11.2 Cr; the latest was in March 2011.

Mita Yogesh Kumar Mandleywala was appointed as Director on 01 Apr 2025. Naresh Thakordas Mandlewala ceased to be Director on 01 Apr 2025. Freny Hiral Jariwala ceased to be Director on 01 Oct 2022. Thakor Reductant has 11 board changes on record in total.

Yes, Thakor Reductant is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-22-0038030).