- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-02-0041524

About Thangam Offsets Private Limited
Data last updated:
Thangam Offsets Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the paper segment of the packaging sector. It was incorporated on 08 March 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U22219TN2004PTC052696. Its GSTIN is 33AABCT9984A1ZA (Tamil Nadu).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Darryl George and Madeleine George.
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 Chennai, Tamil Nadu.
As per the financials filed for FY 2025, the company reported a revenue of ₹34.48 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹1.49 Cr (net margin 4.3%) and EBITDA of ₹6.55 Cr (EBITDA margin 19%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 15% over five years.
The company has about 36 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹18.83 Cr and satisfied charges of ₹3.41 Cr on record.
Thangam Offsets Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0041524). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website thangamoffsets.com.
Company details
Recognitions & Rankings of Thangam Offsets
Contact details
Thangam Offsets Private Limited's registered office is in Chennai, Tamil Nadu. Its website is thangamoffsets.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSurvey No.130/5 Mayor Vasudev St, Vichoor Village Ponneri Taluk, Chennai, Tamil Nadu, India – 600103
- IndustryPackaging, Paper, Laminated & Corrugated Packaging
To see the full contact details of Thangam Offsets Private Limited, buy the company report.
- 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
Business activity
The main business activity of Thangam Offsets is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products |
To see the full business activity and turnover split of Thangam Offsets Private Limited, buy the company report.
Financials of Thangam Offsets Private Limited
FY 2025 filings availableThangam Offsets Private Limited reported revenue of ₹34.48 Cr (down 7% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 7% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 15%. EBITDA rose 32% 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 | ₹6.55 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.49 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 19% | ||||
| Net Profit Margin | 4.3% | ||||
| 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 Thangam Offsets Private Limited, buy the company report.
Board of directors of Thangam Offsets Private Limited
Thangam Offsets has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Darryl George | Director | 08 Mar 2004 | 22 Years 7 Months | Current |
| Madeleine George | Director | 08 Mar 2004 | 22 Years 7 Months | Current |
| Kenneth George | Director | 08 Mar 2004 | 22 Years 7 Months | Current |
Peer comparison
Thangam Offsets Private Limited is compared with the 5 companies closest to it by revenue in the Packaging industry (Paper Laminated and Corrugated Packaging), with the same principal business activity (wood and wood products, furniture, paper and paper products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Progressive Corrugated Fiberboard Private Limited | ₹35.31 Cr (FY 2024) | -2.0% | Haryana, India | |||
| Jai Ambey Containers Private Limited | ₹35.15 Cr (FY 2025) | 27.0% | Panchkula, Haryana, India | |||
| Laurent Packaging Private Limited | ₹35.04 Cr (FY 2017) | 20.0% | Valsad, Gujarat, India | |||
| Thangam Offsets Private Limitedthis company | ₹34.48 Cr (FY 2025) | ₹1.49 Cr | 4.3% | -7.0% | 36 | Chennai, Tamil Nadu, India |
| Gopala Kraft Pack Private Limited | ₹34.36 Cr (FY 2024) | -25.0% | Mumbai, Maharashtra, India | |||
| Atmika Paper Mills Private Limited | ₹34.2 Cr (FY 2025) | 20.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Thangam Offsets Private Limited, buy the company report.
Auditor
Thangam Offsets Private Limited is audited by SELVAM & SUKU for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SELVAM & SUKU | FY 2023 | 003701S |
Shareholding
The shareholding of Thangam Offsets 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 Thangam Offsets Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Dec 2023 | 100860479 | Hdfc Bank Limited | ₹17.6 Cr | Open | |
| 29 Jun 2016 | 100056542 | Hdfc Bank Limited | ₹1.23 Cr | Open | |
| 28 Jul 2004 | 90289162 | State Bank of India | ₹3.41 Cr | Satisfied |
To see the full charge records of Thangam Offsets Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Thangam Offsets 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 Thangam Offsets Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Thangam Offsets Private Limited has a workforce of 36 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Thangam Offsets has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AABCT9984A1ZA | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Thangam Offsets Private Limited, buy the company report.
Recent activity
Thangam Offsets Private Limited has 3 board changes on record since 2004: 3 appointments. The latest: Darryl George was appointed as Director on 08 Mar 2004.
Frequently asked questions
Thangam Offsets is an active private limited company based in Chennai, Tamil Nadu, India. The company works in paper, within the packaging industry. It was incorporated on 08 March 2004 (22+ years old) and is registered under CIN U22219TN2004PTC052696.
Thangam Offsets has 3 current directors:
- Darryl George - Director
- Madeleine George - Director
- Kenneth George - Director
The latest financial statements of Thangam Offsets 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 Thangam Offsets is 33AABCT9984A1ZA, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Thangam Offsets is U22219TN2004PTC052696. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Thangam Offsets was incorporated on 08 March 2004, making it 22+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Thangam Offsets by revenue are Progressive Corrugated Fiberboard Private Limited, Jai Ambey Containers Private Limited, Laurent Packaging Private Limited, Gopala Kraft Pack Private Limited, Atmika Paper Mills Private Limited, all in the Packaging industry (Paper Laminated and Corrugated Packaging), with the same principal business activity (wood and wood products, furniture, paper and paper products).
Darryl George was appointed as Director on 08 Mar 2004. Kenneth George was appointed as Director on 08 Mar 2004. Madeleine George was appointed as Director on 08 Mar 2004.
Yes, Thangam Offsets is registered as a small enterprise under Udyam registration (number: UDYAM-TN-02-0041524).
Thangam Offsets can be reached through the website thangamoffsets.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Thangam Offsets is at Survey No.1305 Mayor Vasudev St, Vichoor Village Ponneri Taluk, Chennai, Tamil Nadu, India – 600103.