Thurs Organics Private Limited

Thurs Organics Private Limited - chemicals and materials in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U24116MH1997PTC106693 Incorporated 19 March 1997 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company chemicals and materials MSME · Small
Data last updated
Revenue · FY 2024
₹21.47 Cr
▲ 6% YoY
Net profit · FY 2024
₹2.76 Cr
Net margin 12.9%
EBITDA · FY 2024
₹4.23 Cr
EBITDA margin 19.7%
Authorised capital
₹60 Lakh
Registered with MCA
Paid-up capital
₹35 Lakh
Issued & subscribed
Open charges
₹3.75 Cr
Secured borrowings
Company age
29 yrs
Est. 1997
Employees · EPFO
24
Provident fund records

About Thurs Organics Private Limited

Data last updated:

Thurs Organics Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 19 March 1997 and has been in existence for over 29 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24116MH1997PTC106693. Its GSTIN is 27AAACD4479K1ZB (Maharashtra).

The company has an authorised share capital of ₹60 Lakh and a paid-up capital of ₹35 Lakh. It was formerly known as Divya Organics Private Limited. It is led by directors Vinayak Atmaram Dhamankar and Shraddha Vinayak Dhamankar.

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 Unit No.19 Udyogmandir 1 Pitamber Lane Mahim, Mumbai, Maharashtra, India – 400016.

As per the financials filed for FY 2024, the company reported a revenue of ₹21.47 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹2.76 Cr (net margin 12.9%) and EBITDA of ₹4.23 Cr (EBITDA margin 19.7%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years and 12% over five years.

The company has about 24 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹3.75 Cr on record. Court records list 5 cases involving the company, including 5 filed by the company. The company has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹55.5 Lakh; the latest was in December 2013. Its 6 peer companies in the Chemicals industry (Organic Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 3 larger and 3 smaller; the largest is Econatural Chemfuel Private Limited with revenue of ₹22.89 Cr. The company has 5 MSME Form 1 returns on record between 2019 and 2022, listing 125 overdue payments to 32 micro and small suppliers.

Thurs Organics Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0022064). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website thursorganics.com.

Company details

CIN U24116MH1997PTC106693
Registration Number 106693
Incorporation Date 19 March 1997
ROC Mumbai
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 Small
Udyam Registration UDYAM-MH-19-0022064
Key People
Vinayak Atmaram Dhamankar Director Shraddha Vinayak Dhamankar Director

Recognitions & Rankings of Thurs Organics

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-MH-19-0022064

Contact details

Thurs Organics Private Limited's registered office is in Mumbai, Maharashtra. Its website is thursorganics.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    thursorganics.com
  • Registered Address
    Unit No.19 Udyogmandir 1 Pitamber Lane Mahim, Mumbai, Maharashtra, India – 400016
  • Industry
    Chemicals and Materials, Industrial Chemicals

To see the full contact details of Thurs Organics Private Limited, buy the company report.

Comprehensive company report
Thurs Organics 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 Thurs Organics is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC6Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products

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

Financials of Thurs Organics Private Limited

FY 2025 filings available

Thurs Organics Private Limited reported revenue of ₹21.47 Cr (up 6% YoY) for FY 2024.

Revenue · FY 2024
₹21.47 Cr ▲ 6%
Net profit · FY 2024
₹2.76 Cr margin 12.9%
EBITDA · FY 2024
₹4.23 Cr margin 19.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 6%
3 years · compounded
▲ 23%
5 years · compounded
▲ 12%
EBITDA CAGR growth
1 year
▲ 51%
3 years · compounded
▲ 33%
5 years · compounded
▲ 44%

Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 6% growth in the latest year. EBITDA rose 51% 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹4.23 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹2.76 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin19.7%
Net Profit Margin12.9%
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 Thurs Organics Private Limited, buy the company report.

Board of directors of Thurs Organics Private Limited

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

Current Directors
NameDesignationAppointment DateTenureStatus
Vinayak Atmaram DhamankarDirector11 Aug 200917 Years 2 MonthsCurrent
Shraddha Vinayak Dhamankar
Also directs: Enem Nostrum Remedies Private Limited, Nexgen Healthcare Private Limited, Symmetrix Biotech Private Limited and 5 more
Director30 Nov 200916 Years 11 MonthsCurrent
View all directors

Peer comparison

Thurs Organics Private Limited is compared with the 6 companies closest to it by revenue in the Chemicals industry (Organic Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Econatural Chemfuel Private Limited₹22.89 Cr (FY 2024)-60.0%Hyderabad, Telangana, India
Suyash Organics Private Limited₹21.68 Cr (FY 2025)-21.0%Pune, Maharashtra, India
R S Organics Private Limited₹21.57 Cr (FY 2025)-2.0%Delhi, India
Thurs Organics Private Limitedthis company₹21.47 Cr (FY 2024)₹2.76 Cr12.9%6.0%24Mumbai, Maharashtra, India
Bargarh Bio Fuels Development Foundation₹20.42 Cr (FY 2025)31.0%Bargarh, Odisha, India
Aci Industrial Organic Private Limited₹19.6 Cr (FY 2024)-11.0%Mumbai, Maharashtra, India
Gayatri Chemsynth Private Limited₹19.18 Cr (FY 2025)7.0%Ankleshwar, Gujarat, India

To see the full peer comparison of Thurs Organics Private Limited, buy the company report.

Auditor

Thurs Organics Private Limited is audited by A. H. Palkar & Co. for the financial year 2018.

Auditor firmFinancial yearFirm registration number
A. H. Palkar & Co.FY 2018033636

Shareholding

The shareholding of Thurs Organics 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 Thurs Organics Private Limited, buy the company report.

Charges & borrowings

Open charges
₹3.75 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹3.75 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
22 Feb 2024100881542Others₹25 LakhOpen
20 Jun 2016100057620Others₹50 LakhOpen
20 Oct 201410528810Others₹3 CrOpen

To see the full charge records of Thurs Organics Private Limited, buy the company report.

Total charge records: 3 View all charges

Deals & funding

Thurs Organics Private Limited has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹55.5 Lakh; the latest was in December 2013.

Total deals
3
Funding rounds
2
Secondary share transfer
1
Disclosed funding
₹55.5 Lakh

Deals on record (3 of 3)

WhenDealAmountParties
Dec 2013Funding round₹30.5 LakhInvestors: an individual
Apr 2011Funding round₹25 LakhInvestors: Symmetrix Biotech Private Limited , Enem Nostrum Remedies Private Limited
Aug 2009Secondary share transferUndisclosedBuyer: 2 individuals
Seller: Shree Shivshankar Drugs and Pharmaceuticals Pvt Ltd , 2 individuals

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

MSME payment delays

Thurs Organics Private Limited has 5 MSME Form 1 returns on record between 2019 and 2022, listing 125 overdue payments to 32 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 32)

SupplierAmount dueDue sinceReported on
an individual supplier
Fibrol Non - Ionics Private Limited
Delta Plus Lubricants and Chemicals Private Limited
Harihar Organics Private Limited
an individual supplier

To see the full MSME payment records of Thurs Organics Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Thurs Organics Private Limited has a workforce of 24 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.

Employee count
24
Active EPFO establishments
1
Employee growth
-7.69%

GST

Thurs Organics has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAACD4479K1ZBMaharashtraActive01 Jul 2017

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

Recent activity

Thurs Organics Private Limited has 8 board changes on record since 2009: 2 appointments and 6 cessations. The latest: Shraddha Vinayak Dhamankar ceased to be Additional Director on 29 Sep 2012.

AGM
Thurs Organics Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Thurs Organics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Others amounted to Rs. 25.00 Lakh with Charge ID 100881542 was registered on 22 Feb 2024.
Charges
A charge with Others of Rs. 300.00 Lakh registered on 20 Oct 2014 with Charge ID 10528810 was modified on 15 Dec 2022.
Charges
A charge with Others amounted to Rs. 50.00 Lakh with Charge ID 100057620 was registered on 20 Jun 2016.
Charges
A charge with Others amounted to Rs. 300.00 Lakh with Charge ID 10528810 was registered on 20 Oct 2014.
Ceased
Shraddha Vinayak Dhamankar ceased to be Additional Director.
Ceased
Vinayak Atmaram Dhamankar ceased to be Additional Director.
Ceased
Jayawant Shankar Chaphekar ceased to be Director.
Ceased
Prasad Mangesh Dalvi ceased to be Director.
Ceased
Subhash Laxman Saraf ceased to be Director.
Ceased
Uday Krishna Kamat ceased to be Director.

3 earlier events are in the company report.

Frequently asked questions

Thurs Organics is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial chemicals, within the chemicals and materials industry. It was incorporated on 19 March 1997 (29+ years old) and is registered under CIN U24116MH1997PTC106693.

Thurs Organics has 2 current directors:

The latest financial statements of Thurs Organics 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 Thurs Organics is 27AAACD4479K1ZB, registered in Maharashtra.

The CIN (Corporate Identification Number) of Thurs Organics is U24116MH1997PTC106693. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Thurs Organics has 5 court cases on record: 5 filed by the company. Most are in the district courts.

Thurs Organics was incorporated on 19 March 1997, making it 29+ years old. It is registered with the Registrar of Companies, Mumbai.

Thurs Organics has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹55.5 Lakh; the latest was in December 2013.

The peers of Thurs Organics by revenue are Econatural Chemfuel Private Limited, Suyash Organics Private Limited, R S Organics Private Limited, Bargarh Bio Fuels Development Foundation, Aci Industrial Organic Private Limited and 1 more, all in the Chemicals industry (Organic Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).

Shraddha Vinayak Dhamankar ceased to be Additional Director on 29 Sep 2012. Vinayak Atmaram Dhamankar ceased to be Additional Director on 29 Sep 2012. Jayawant Shankar Chaphekar ceased to be Director on 01 Dec 2009. Thurs Organics has 8 board changes on record in total.

Yes, Thurs Organics is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0022064).

Thurs Organics has 5 MSME Form 1 returns on record between 2019 and 2022, listing 125 overdue payments to 32 micro and small suppliers. The latest return was filed on 21 Nov 2022.