
About Tibalaji Petrochem Private Limited
Data last updated:
Tibalaji Petrochem Private Limited is a private limited company based in Nagpur, Maharashtra, India. It operates in the chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 09 August 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Nagpur, under CIN U24299MH2018PTC312643. Its GSTIN is 27AAGCT8857R1Z5 (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Tiba Petrochem Private Limited. It is led by directors Harshad Mande and Ashutosh Vijay Talloo.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Nagpur, Maharashtra.
As per the financials filed for FY 2023, the company reported a revenue of ₹394.87 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net loss of ₹4.01 Cr (net margin -1%) and EBITDA of -₹3.85 Cr (EBITDA margin -1%). Revenue has grown at a compounded annual rate (CAGR) of 59% over three years.
The company has about 1 employee on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tibalaji.com.
Company details
Contact details
Tibalaji Petrochem Private Limited's registered office is in Nagpur, Maharashtra. Its website is tibalaji.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address601 Plot No.11, Ananya Acent, Nagpur, Maharashtra, India – 440015
- IndustryChemicals and Materials, Chemical Distribution & Retail
To see the full contact details of Tibalaji Petrochem 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 Tibalaji Petrochem is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Tibalaji Petrochem Private Limited, buy the company report.
Financials of Tibalaji Petrochem Private Limited
FY 2024 filings availableTibalaji Petrochem Private Limited reported revenue of ₹394.87 Cr (down 15% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 15% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 59%. EBITDA fell 278% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| 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 | -₹3.85 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹4.01 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -1% | ||||
| Net Profit Margin | -1% | ||||
| 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 Tibalaji Petrochem Private Limited, buy the company report.
Board of directors of Tibalaji Petrochem Private Limited
Tibalaji Petrochem has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harshad Mande | Director | 09 Mar 2021 | 5 Years 8 Months | Current |
| Ashutosh Vijay Talloo Also directs: Cher Life Healthcare Private Limited | Director | 09 Mar 2021 | 5 Years 8 Months | Current |
Peer comparison
Tibalaji Petrochem Private Limited is compared with the 7 companies closest to it by revenue in the Chemicals industry (Chemical Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hem Kant Enterprises Private Limited | ₹421.92 Cr (FY 2025) | 24.0% | Kolkata, West Bengal, India | |||
| P. G. Exim Private Limited | ₹408.59 Cr (FY 2020) | -8.0% | Mumbai, Maharashtra, India | |||
| Tibalaji Petrochem Private Limitedthis company | ₹394.87 Cr (FY 2023) | -₹4.01 Cr | -1% | -15.0% | Nagpur, Maharashtra, India | |
| Osiya Petrochem Private Limited | ₹392.69 Cr (FY 2025) | 68.0% | Jaipur, Rajasthan, India | |||
| Libra Alkalischemie Private Limited | ₹391.42 Cr (FY 2025) | -3.0% | Mumbai, Maharashtra, India | |||
| Protec Trading Private Limited | ₹388.18 Cr (FY 2025) | 39.0% | Thane, Maharashtra, India | |||
| S R Polyvinyl Limited | ₹385.58 Cr (FY 2025) | 25.0% | Delhi, India | |||
| Surendra Elastomers Private Limited | ₹384.61 Cr (FY 2025) | 9.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Tibalaji Petrochem Private Limited, buy the company report.
Auditor
Tibalaji Petrochem Private Limited is audited by KOTWANI KALRA & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KOTWANI KALRA & ASSOCIATES | FY 2022 | 119377W |
Shareholding
The shareholding of Tibalaji Petrochem Private Limited is on record for 4 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Tibalaji Petrochem Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Tibalaji Petrochem 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 Tibalaji Petrochem Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Tibalaji Petrochem has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCT8857R1Z5 | Maharashtra | Active | 25 Sep 2018 |
To see the full GST registrations and return filing status of Tibalaji Petrochem Private Limited, buy the company report.
Recent activity
Tibalaji Petrochem Private Limited has 5 board changes on record since 2020: 2 appointments and 3 cessations. The latest: Vaishali Sandeep Bharade ceased to be Director on 15 May 2021.
Frequently asked questions
Tibalaji Petrochem is an active private limited company based in Nagpur, Maharashtra, India. The company works in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 09 August 2018 (8+ years old) and is registered under CIN U24299MH2018PTC312643.
Tibalaji Petrochem has 2 current directors:
- Harshad Mande - Director
- Ashutosh Vijay Talloo - Director
The latest financial statements of Tibalaji Petrochem on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Tibalaji Petrochem is 27AAGCT8857R1Z5, registered in Maharashtra.
The CIN (Corporate Identification Number) of Tibalaji Petrochem is U24299MH2018PTC312643. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tibalaji Petrochem was incorporated on 09 August 2018, making it 8+ years old. It is registered with the Registrar of Companies, Nagpur.
The peers of Tibalaji Petrochem by revenue are Hem Kant Enterprises Private Limited, P. G. Exim Private Limited, Osiya Petrochem Private Limited, Libra Alkalischemie Private Limited, Protec Trading Private Limited and 2 more, all in the Chemicals industry (Chemical Retail and Distribution), with the same principal business activity (wholesale trading).
Vaishali Sandeep Bharade ceased to be Director on 15 May 2021. Ashutosh Vijay Talloo was appointed as Director on 09 Mar 2021. Harshad Mande was appointed as Director on 09 Mar 2021. Tibalaji Petrochem has 5 board changes on record in total.
Tibalaji Petrochem can be reached through the website tibalaji.com. Its registered office is in Nagpur, Maharashtra, India.
The registered office of Tibalaji Petrochem is at 601 Plot No.11, Ananya Acent, Nagpur, Maharashtra, India – 440015.
Tibalaji Petrochem operates in the chemicals and materials industry, in the chemical distribution and retail segment.

