About Thiese Precision Private Limited
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Thiese Precision Private Limited is a private limited company based in Navsari, Gujarat, India, a subsidiary of Theis Investment Holding International Limited. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 22 March 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U27310GJ2007PTC054838. Its GSTIN is 24AACCT6322K1ZD (Gujarat). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹13 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Chetan Navinchandra Patel and Megh Bimal Mehta.
Its last annual general meeting (AGM) was held on 28 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Opp. GIDC NH No. 8 P.O. Kabilpore Ganesh Sisodra, Navsari, Gujarat, India – 396424.
As per the financials filed for FY 2025, the company reported a revenue of ₹215.55 Cr, a decline of 13% compared to the previous year. For the same year it recorded a net profit of ₹6.34 Cr (net margin 2.9%) and EBITDA of ₹18.69 Cr (EBITDA margin 8.7%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 4% over five years.
The company has about 75 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Theis. As per MCA filings, the company has open charges of ₹207.46 Cr and satisfied charges of ₹189.5 Cr on record. Court records list 1 case involving the company, including 1 filed by the company. The company has 9 deals on record (7 secondary share transfers, 2 funding rounds), with disclosed funding of ₹68.4 Cr; the latest was in July 2023. Its 6 peer companies in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products) are compared by revenue, 3 larger and 3 smaller; the largest is Prakash Steel Products Pvt Ltd with revenue of ₹215.84 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website theis.in.
Company details
CIN history
Thiese Precision has one previous CIN (Corporate Identification Number): U27310MH2007PTC169031. The current CIN is U27310GJ2007PTC054838, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27310GJ2007PTC054838 | Current |
| U27310MH2007PTC169031 | Previous |
Contact details
Thiese Precision Private Limited's registered office is in Navsari, Gujarat. Its website is theis.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressOpp. GIDC NH No. 8 P.O. Kabilpore Ganesh Sisodra, Navsari, Gujarat, India – 396424
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Thiese Precision 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
Brands
Thiese Precision operates one associated brand: Theis. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturer of cold & hot rolled solid steel | theis.co.in |
Business activity
The main business activity of Thiese Precision is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Thiese Precision Private Limited, buy the company report.
Financials of Thiese Precision Private Limited
FY 2024 filings availableThiese Precision Private Limited reported revenue of ₹215.55 Cr (down 13% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 13% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA rose 56% 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 |
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| Total Expenses | |||||
| EBITDA | ₹18.69 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹6.34 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.7% | ||||
| Net Profit Margin | 2.9% | ||||
| Return on Equity (ROE) | |||||
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| Payable Days | |||||
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To see the full financial statements and ratios of Thiese Precision Private Limited, buy the company report.
Board of directors of Thiese Precision Private Limited
Thiese Precision has 6 current directors and 19 former directors. Current directors are listed first, with their designation and appointment date.
Peer comparison
Thiese Precision Private Limited is compared with the 6 companies closest to it by revenue in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Prakash Steel Products Pvt Ltd | ₹215.84 Cr (FY 2025) | 6.0% | Kolkata, West Bengal, India | |||
| Brand Alloys Private Limited | ₹215.8 Cr (FY 2025) | 28.0% | Kolkata, West Bengal, India | |||
| N.R.Sponge Private Limited | ₹215.62 Cr (FY 2025) | -15.0% | Raipur, Chhattisgarh, India | |||
| Thiese Precision Private Limitedthis company | ₹215.55 Cr (FY 2025) | ₹6.34 Cr | 2.9% | -13.0% | 75 | Navsari, Gujarat, India |
| Sadguru Ispat Private Limited | ₹215.5 Cr (FY 2025) | -6.0% | Raigarh, Chhattisgarh, India | |||
| Bisco Metal & Power Private Limited | ₹213.79 Cr (FY 2025) | -36.0% | Kolkata, West Bengal, India | |||
| Shree Chanchal Industries Private Limited | ₹213.46 Cr (FY 2025) | -13.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Thiese Precision Private Limited, buy the company report.
Auditor
Thiese Precision Private Limited is audited by P C Ghadiali and Co LLP for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P C Ghadiali and Co LLP | FY 2024 | 103132W / W-100037 |
Shareholding
The shareholding of Thiese Precision Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Thiese Precision Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Sep 2022 | 100616038 | Hdfc Bank Limited | ₹34.73 Cr | Open | |
| 04 Jul 2022 | 100592319 | Axis Bank Limited | ₹98.73 Cr | Open | |
| 16 Feb 2022 | 100541893 | Axis Bank Limited | ₹74 Cr | Open | |
| 03 Oct 2018 | 100212209 | State Bank of India | ₹66.5 Cr | Satisfied | |
| 28 Sep 2018 | 100212785 | State Bank of India | ₹66.5 Cr | Satisfied |
To see the full charge records of Thiese Precision Private Limited, buy the company report.
Total charge records: 9 View all charges
Deals & funding
Thiese Precision Private Limited has 9 deals on record (7 secondary share transfers, 2 funding rounds), with disclosed funding of ₹68.4 Cr; the latest was in July 2023.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2023 | Secondary share transfer | Undisclosed | Buyer: BDK Imc Value Private Limited, Guru Ashish Interiors LLP Seller: Theis Investment Holding International Limited |
| Apr 2023 | Secondary share transfer | Undisclosed | Buyer: BDK Imc Value Private Limited, Guru Ashish Interiors LLP Seller: Theis Investment Holding International Limited, 2 individuals |
| Mar 2023 | Secondary share transfer | Undisclosed | Seller: an individual |
| Sep 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Theis Investment Holding International Limited |
| May 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Mahler Investments B V |
To see the full deal history of Thiese Precision Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Thiese Precision Private Limited has 1 court case on record: 1 filed by Thiese Precision. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Court case (CARBP) | Filed by the company against Sbi General Insurance Company Limited | Disposed |
To see the full case history of Thiese Precision Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Thiese Precision Private Limited was last rated by Care on 16 Mar 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 16 Mar 2022 |
To see the full credit ratings and regulatory alerts of Thiese Precision Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Thiese Precision Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Thiese Precision has 1 subsidiary company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| H&T Special Strips Private Limited | U27209GJ2021PTC119302 |
To see the full group structure of Thiese Precision Private Limited, buy the company report.
Employees & EPFO
Thiese Precision Private Limited has a workforce of 75 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 75 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Thiese Precision Private Limited, buy the company report.
GST
Thiese Precision has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCT6322K1ZD | Gujarat | Active | 01 Jul 2017 |
| 232100000221ARN | Madhya Pradesh | Active | 22 Oct 2021 |
To see the full GST registrations and return filing status of Thiese Precision Private Limited, buy the company report.
Recent activity
Thiese Precision Private Limited has 25 board changes on record since 2007: 6 appointments and 19 cessations. The latest: Bimal Kantilal Mehta ceased to be Additional Director on 29 Sep 2023.
35 earlier events are in the company report.
Frequently asked questions
Thiese Precision is an active private limited company based in Navsari, Gujarat, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 22 March 2007 (19+ years old) and is registered under CIN U27310GJ2007PTC054838.
Thiese Precision has 6 current directors:
- Chetan Navinchandra Patel - Director
- Megh Bimal Mehta - Director
- Bimal Kantilal Mehta - Director
- Mansukh Arjanbhai Sureja - Director
- Chetan Mansukhlal Kothari - Director
- Shyam Bimal Mehta - Director
The latest financial statements of Thiese Precision on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 28 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Thiese Precision is 24AACCT6322K1ZD, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 232100000221ARN (Madhya Pradesh).
The CIN (Corporate Identification Number) of Thiese Precision is U27310GJ2007PTC054838. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Thiese Precision has 1 court case on record: 1 filed by the company.
Thiese Precision was incorporated on 22 March 2007, making it 19+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Thiese Precision has 9 deals on record (7 secondary share transfers, 2 funding rounds), with disclosed funding of ₹68.4 Cr; the latest was in July 2023.
The peers of Thiese Precision by revenue are Prakash Steel Products Pvt Ltd, Brand Alloys Private Limited, N.R.Sponge Private Limited, Sadguru Ispat Private Limited, Bisco Metal & Power Private Limited and 1 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Bimal Kantilal Mehta ceased to be Additional Director on 29 Sep 2023. Chetan Mansukhlal Kothari ceased to be Additional Director on 29 Sep 2023. Chetan Navinchandra Patel ceased to be Additional Director on 29 Sep 2023. Thiese Precision has 25 board changes on record in total.
Thiese Precision can be reached through the website theis.in. Its registered office is in Navsari, Gujarat, India.
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