About Thorat Valves Private Limited
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Thorat Valves Private Limited is a private limited company based in Satara, Maharashtra, India. It operates in the industrial control valves and systems segment of the machinery and industrial equipment sector. It was incorporated on 17 December 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U29120PN1996PTC104554. Its GSTIN is 27AABCT6772A1ZF (Maharashtra).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹30.93 Lakh. It is led by directors including Dattaji Shankarrao Thorat (Managing Director) and Vikram Dattaji Thorat.
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 857 Shaniwar Peth, Satara, Maharashtra, India – 415002.
As per the financials filed for FY 2025, the company reported a revenue of ₹30.27 Cr, a decline of 17% compared to the previous year. For the same year it recorded a net profit of ₹1.61 Cr (net margin 5.3%) and EBITDA of ₹3.02 Cr (EBITDA margin 10%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 24% over five years.
The company has about 64 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Thorat Valves. As per MCA filings, the company has open charges of ₹2.75 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website thoratvalves.com.
Company details
CIN history
Thorat Valves has one previous CIN (Corporate Identification Number): U29120MH1996PTC104554. The current CIN is U29120PN1996PTC104554, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29120PN1996PTC104554 | Current |
| U29120MH1996PTC104554 | Previous |
Contact details
Thorat Valves Private Limited's registered office is in Satara, Maharashtra. Its website is thoratvalves.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address857 Shaniwar Peth, Satara, Maharashtra, India – 415002
- IndustryMachinery and Equipment, Industrial Control Valves & Systems
To see the full contact details of Thorat Valves 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
Thorat Valves operates one associated brand: Thorat Valves. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures industrial valves with high precision and quality for various sectors. | thoratvalves.com |
Business activity
The main business activity of Thorat Valves 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 Thorat Valves Private Limited, buy the company report.
Financials of Thorat Valves Private Limited
FY 2025 filings availableThorat Valves Private Limited reported revenue of ₹30.27 Cr (down 17% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 17% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 24%. EBITDA fell 24% 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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| EBITDA | ₹3.02 Cr | ||||
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| Net Profit (PAT) | ₹1.61 Cr | ||||
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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 | 10% | ||||
| Net Profit Margin | 5.3% | ||||
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To see the full financial statements and ratios of Thorat Valves Private Limited, buy the company report.
Board of directors of Thorat Valves Private Limited
Thorat Valves has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vikram Dattaji Thorat Also directs: Thorat Infrastructures Private Limited | Director | 17 Apr 2019 | 7 Years 6 Months | Current |
| Dattaji Shankarrao Thorat Also directs: Thorat Infrastructures Private Limited | Managing Director | 17 Dec 1996 | 29 Years 10 Months | Current |
| Dhananjay Shankarrao Thorat Also directs: Thorat Infrastructures Private Limited | Director | 01 Feb 2024 | 2 Years 8 Months | Current |
Peer comparison
Thorat Valves Private Limited is compared with the 6 companies closest to it by revenue in the Machinery and Equipment industry (Control Valves), 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 |
|---|---|---|---|---|---|---|
| Magwen Valves Private Limited | ₹31.69 Cr (FY 2025) | 30.0% | Mumbai, Maharashtra, India | |||
| Castle Valves Private Limited | ₹31.45 Cr (FY 2024) | 12.0% | New Delhi, Delhi, India | |||
| Belgaum Aqua Valves Private Limited | ₹30.49 Cr (FY 2024) | 51.0% | Belgaum, Karnataka, India | |||
| Thorat Valves Private Limitedthis company | ₹30.27 Cr (FY 2025) | ₹1.61 Cr | 5.3% | -17.0% | 64 | Satara, Maharashtra, India |
| Sealexcel India Pvt Ltd | ₹29.2 Cr (FY 2025) | 52.0% | Mumbai, Maharashtra, India | |||
| Dintech Valves Private Limited | ₹28.45 Cr (FY 2025) | -6.0% | Ahmedabad, Gujarat, India | |||
| Fluidline Valves Company Private Limited | ₹28.38 Cr (FY 2025) | -4.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Thorat Valves Private Limited, buy the company report.
Auditor
Thorat Valves Private Limited is audited by S D KULKARNI & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S D KULKARNI & CO | FY 2023 | 113506W |
Shareholding
The shareholding of Thorat Valves 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 Thorat Valves Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Mar 2024 | 100917076 | Bank of India | ₹1.19 Cr | Open | |
| 02 Jun 2010 | 10291993 | The Wai Urban Co. Operative Bank | ₹1.56 Cr | Open |
To see the full charge records of Thorat Valves Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Thorat Valves Private Limited has 3 court cases on record: 2 filed by Thorat Valves, 1 filed against it. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 1 | 3 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Osmanabad, Maharashtra | Criminal miscellaneous application | Filed against the company | Pending |
| District court, Satara, Maharashtra | Court case (Civil M.A.) | Filed by the company against an individual | Pending |
| District court, Satara, Maharashtra | Court case (Civil M.A.) | Filed by the company against Sitaram Maharaj S.S.K. Ltd. | Pending |
To see the full case history of Thorat Valves 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.
MSME payment delays
Thorat Valves Private Limited has 11 MSME Form 1 returns on record between 2019 and 2023, listing 96 overdue payments to 13 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 13)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Vitona Elastomers | |||
| Thorat Industries | |||
| an individual supplier |
To see the full MSME payment records of Thorat Valves Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Thorat Valves has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Thorat Infrastructures Private Limited | U45200PN2013PTC147426 |
To see the full group structure of Thorat Valves Private Limited, buy the company report.
Employees & EPFO
Thorat Valves Private Limited has a workforce of 64 employees on its EPFO records as of Sep 25, 2025, across 1 active EPFO establishment.
GST
Thorat Valves has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCT6772A1ZF | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Thorat Valves Private Limited, buy the company report.
Recent activity
Thorat Valves Private Limited has 3 board changes on record since 1996: 3 appointments. The latest: Dhananjay Shankarrao Thorat was appointed as Director on 01 Feb 2024.
Frequently asked questions
Thorat Valves is an active private limited company based in Satara, Maharashtra, India. The company works in industrial control valves and systems, within the machinery and equipment industry. It was incorporated on 17 December 1996 (30+ years old) and is registered under CIN U29120PN1996PTC104554.
Thorat Valves has 3 current directors:
- Dattaji Shankarrao Thorat - Managing Director
- Vikram Dattaji Thorat - Director
- Dhananjay Shankarrao Thorat - Director
The latest financial statements of Thorat Valves 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 Thorat Valves is 27AABCT6772A1ZF, registered in Maharashtra.
The CIN (Corporate Identification Number) of Thorat Valves is U29120PN1996PTC104554. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Thorat Valves has 3 court cases on record: 2 filed by the company and 1 filed against it. 3 are pending.
Thorat Valves was incorporated on 17 December 1996, making it 30+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Thorat Valves by revenue are Magwen Valves Private Limited, Castle Valves Private Limited, Belgaum Aqua Valves Private Limited, Sealexcel India Pvt Ltd, Dintech Valves Private Limited and 1 more, all in the Machinery and Equipment industry (Control Valves), with the same principal business activity (metal and metal products).
Dhananjay Shankarrao Thorat was appointed as Director on 01 Feb 2024. Vikram Dattaji Thorat was appointed as Director on 17 Apr 2019. Dattaji Shankarrao Thorat was appointed as Managing Director on 17 Dec 1996.
Thorat Valves has 11 MSME Form 1 returns on record between 2019 and 2023, listing 96 overdue payments to 13 micro and small suppliers. The latest return was filed on 17 Nov 2023.
Thorat Valves can be reached through the website thoratvalves.com. Its registered office is in Satara, Maharashtra, India.
The registered office of Thorat Valves is at 857 Shaniwar Peth, Satara, Maharashtra, India – 415002.