Tiger Steel Engineering (India) Private Limited

Tiger Steel Engineering (India) Private Limited - engineering in Thane, Maharashtra, India. FY 2026 financials & compliance.
CIN U28112MH1995PTC093973 Incorporated 27 October 1995 ROC Mumbai HQ Thane, Maharashtra, India
Active Private Limited Company engineering
Data last updated
Revenue · FY 2025
₹10.66 Cr
▼ 17% YoY
Net loss · FY 2025
₹2.1 Cr
Net margin -19.7%
EBITDA · FY 2025
-₹92.03 Lakh
EBITDA margin -8.6%
Authorised capital
₹31.2 Cr
Registered with MCA
Paid-up capital
₹31.09 Cr
Issued & subscribed
Satisfied charges
₹146.8 Cr
No open charges
Company age
31 yrs
Est. 1995
Employees · EPFO
1
Provident fund records

About Tiger Steel Engineering (India) Private Limited

Data last updated:

Tiger Steel Engineering (India) Private Limited is a private limited company based in Thane, Maharashtra, India, a subsidiary of Tsi Metal Industries Llc. It operates in the metal foundry and fabrication services segment of the engineering sector. It was incorporated on 27 October 1995 and has been in existence for over 31 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U28112MH1995PTC093973. Its GSTIN is 27AAACT2537J1ZA (Maharashtra). The company holds 7 GST registrations, of which 2 are active.

The company has an authorised share capital of ₹31.2 Cr and a paid-up capital of ₹31.09 Cr. It is led by directors including Krishnamurthy Nagarjan Pudupadi and Atul Dave.

Its last annual general meeting (AGM) was held on 30 October 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot K – 9 Additional MIDC Village Kudavali Murbad, Thane, Maharashtra, India – 421401.

As per the financials filed for FY 2025, the company reported a revenue of ₹10.66 Cr, a decline of 17% compared to the previous year. For the same year it recorded a net loss of ₹2.1 Cr (net margin -19.7%) and EBITDA of -₹92.03 Lakh (EBITDA margin -8.6%). Revenue has declined at a compounded annual rate (CAGR) of 38% over three years and 20% over five years.

The company has about 1 employee on its provident fund (EPFO) records.

As per MCA filings, the company has satisfied charges of ₹146.8 Cr on record. Court records list 48 cases involving the company, including 20 filed by the company and 28 filed against it; 13 cases are pending. The company has 7 deals on record (4 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹11.42 Cr; the latest was in March 2019.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tseil.com.

Company details

CIN U28112MH1995PTC093973
Registration Number 093973
Incorporation Date 27 October 1995
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 October 2025
Date of Balance Sheet 31 March 2025
Parent Company Tsi Metal Industries Llc
Compliance Status Active Compliant

Contact details

Tiger Steel Engineering (India) Private Limited's registered office is in Thane, Maharashtra. Its website is tseil.com. Its e-mail address is in the company report.

  • Email
  • Website
  • Registered Address
    Plot K – 9 Additional MIDC Village Kudavali Murbad, Thane, Maharashtra, India – 421401
  • Industry
    Engineering, Metal Foundry & Fabrication Services, Engineering, Procurement & Construction (EPC)

To see the full contact details of Tiger Steel Engineering (India) Private Limited, buy the company report.

Comprehensive company report
Tiger Steel Engineering (India) 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 activities of Tiger Steel Engineering (India) are professional, scientific and technical and manufacturing. In detail, this covers architecture, engineering activities, technical testing and analysis activities and metal and metal products. 2 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, Scientific and TechnicalM4Architecture, engineering activities, technical testing and analysis activities
CManufacturingC7Metal and metal products

To see the full business activity and turnover split of Tiger Steel Engineering (India) Private Limited, buy the company report.

Financials of Tiger Steel Engineering (India) Private Limited

FY 2025 filings available

Tiger Steel Engineering (India) Private Limited reported revenue of ₹10.66 Cr (down 17% YoY) for FY 2025.

Revenue · FY 2025
₹10.66 Cr ▼ 17%
Net loss · FY 2025
₹2.1 Cr margin -19.7%
EBITDA · FY 2025
-₹92.03 Lakh margin -8.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 17%
3 years · compounded
▲ 38%
5 years · compounded
▼ 20%
EBITDA CAGR growth
1 year
▼ 142%
3 years · compounded
▲ 52%
5 years · compounded
▲ 46%

Revenue has declined at a compounded annual rate (CAGR) of 20% over five years, including a 17% fall in the latest year. EBITDA fell 142% 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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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-₹92.03 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹2.1 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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin-8.6%
Net Profit Margin-19.7%
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 Tiger Steel Engineering (India) Private Limited, buy the company report.

Board of directors of Tiger Steel Engineering (India) Private Limited

Tiger Steel Engineering (India) has 4 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Krishnamurthy Nagarjan PudupadiDirector31 Jul 201412 Years 2 MonthsCurrent
Atul DaveAdditional Director04 Nov 20250 Years 11 MonthsCurrent
Vaidyanathan AshokAdditional Director04 Nov 20250 Years 11 MonthsCurrent
Venkataramani JaiganeshAdditional Director04 Nov 20250 Years 11 MonthsCurrent

Auditor

Tiger Steel Engineering (India) Private Limited is audited by CHATURVEDI SOHAN & CO for the financial year 2023.

Auditor firmFinancial yearFirm registration number
CHATURVEDI SOHAN & COFY 2023118424W

Shareholding

The shareholding of Tiger Steel Engineering (India) Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Tiger Steel Engineering (India) Private Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹146.8 Cr
Breakdown by lending institutions
State Bank of India₹67.57 Cr
Axis Bank Limited₹50.00 Cr
Icici Bank Limited₹13.11 Cr
Icici Bank Ltd₹12.85 Cr
Standard Chartered Bank₹2.00 Cr
Others₹1.27 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
22 May 201210359417State Bank of India₹12.93 CrSatisfied
23 Sep 200810125039Axis Bank Limited₹50 CrSatisfied
16 Jan 200810082817Standard Chartered Bank₹2 CrSatisfied
28 May 200710059636Icici Bank Limited₹41.06 LakhSatisfied
18 Aug 200490160391State Bank of India₹1.27 CrSatisfied

To see the full charge records of Tiger Steel Engineering (India) Private Limited, buy the company report.

Total charge records: 13 View all charges

Deals & funding

Tiger Steel Engineering (India) Private Limited has 7 deals on record (4 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹11.42 Cr; the latest was in March 2019.

Total deals
7
Secondary share transfers
4
Funding rounds
2
Rights issue
1
Disclosed funding
₹11.42 Cr

Deals on record (5 of 7)

WhenDealAmountParties
Mar 2019Secondary share transferUndisclosedBuyer: Tiger Steel Industries LLC
Seller: Tiger Steel Engineering LLC
Jun 2018Rights issue₹2.14 CrInvestors: Tiger Steel Engineering LLC
Dec 2015Secondary share transferUndisclosedBuyer: Tiger Steel Industries LLC & Dineshkumar Jairam Bhasin, Tiger Steel Industries LLC & Aziz Said Nasr, Tiger Steel Industries LLC
Seller: Tiger Steel Engineering LLC & Claude R Nasr, Tiger Steel Engineering LLC & Dinesh Kumar Bhasin, Tiger Steel Engineering LLC & Aziz S Nasr
Jun 2011Funding round₹8.99 CrInvestors: Tiger Steel Engineering LLC
Sep 2006Funding round₹2.43 CrInvestors: Tiger Steel Engineering LLC

To see the full deal history of Tiger Steel Engineering (India) Private Limited, buy the company report.

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

Credit ratings & regulatory alerts

Tiger Steel Engineering (India) Private Limited was last rated by Care on 15 Nov 2022.

Rating agencyRated onRating
Care15 Nov 2022

To see the full credit ratings and regulatory alerts of Tiger Steel Engineering (India) Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Tiger Steel Engineering (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Tiger Steel Engineering (India) Private Limited has a workforce of 1 employees on its EPFO records as of Mar 22, 2024, across 1 active EPFO establishment.

Employee count
1
Active EPFO establishments
1
Employee growth
-75%

GST

Tiger Steel Engineering (India) has 7 GST registrations: 2 active and 5 cancelled or inactive.

Total GSTINs
7
Active
2
Cancelled / inactive
5
GSTINStateStatusRegistered on
27AAACT2537J1ZAMaharashtraActive01 Jul 2017
37AAACT2537J1Z9Andhra PradeshActive24 Feb 2018

To see the full GST registrations and return filing status of Tiger Steel Engineering (India) Private Limited, buy the company report.

Recent activity

Tiger Steel Engineering (India) Private Limited has 13 board changes on record since 2000: 6 appointments and 7 cessations. The latest: Atul Dave was appointed as Additional Director on 04 Nov 2025.

Appointed
Atul Dave was appointed as Additional Director.
Appointed
Vaidyanathan Ashok was appointed as Additional Director.
Appointed
Venkataramani Jaiganesh was appointed as Additional Director.
AGM
Tiger Steel Engineering (India) Private Limited last Annual general meeting of members was held on 30 Oct 2025 as per latest MCA records.
Filing
Tiger Steel Engineering (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai Ii.
Appointed
Kulbhushan Ramesh Aggarwal was appointed as CFO.
Ceased
Gsanjeev Kumar Dora ceased to be Company Secretary.
Ceased
Subir Kumar Banerjee ceased to be Company Secretary.
Charges
A charge registered on 12 Oct 1998 via Charge ID 90159745 with State Bank Of India was fully satisfied on 03 Dec 2021.
Ceased
Dinesh Kumar Bhasin ceased to be Managing Director.
Ceased
Kulbhushan Ramesh Aggarwal ceased to be Company Secretary.
Charges
A charge with State Bank Of India of Rs. 50.97 Cr registered on 12 Oct 1998 with Charge ID 90159745 was modified on 24 Dec 2020.

35 earlier events are in the company report.

Frequently asked questions

Tiger Steel Engineering (India) is an active private limited company based in Thane, Maharashtra, India. The company works in metal foundry and fabrication services, within the engineering industry. It was incorporated on 27 October 1995 (31+ years old) and is registered under CIN U28112MH1995PTC093973.

Tiger Steel Engineering (India) has 4 current directors:

The latest financial statements of Tiger Steel Engineering (India) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 October 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Tiger Steel Engineering (India) is 27AAACT2537J1ZA, registered in Maharashtra. The company has 7 GST registrations in all, of which 2 are active and 5 are cancelled or inactive. Other active GSTINs include 37AAACT2537J1Z9 (Andhra Pradesh).

The CIN (Corporate Identification Number) of Tiger Steel Engineering (India) is U28112MH1995PTC093973. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Tiger Steel Engineering (India) has 48 court cases on record: 20 filed by the company and 28 filed against it. 13 are pending. Most are in the district courts.

Tiger Steel Engineering (India) was incorporated on 27 October 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.

Tiger Steel Engineering (India) has 7 deals on record (4 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹11.42 Cr; the latest was in March 2019.

Atul Dave was appointed as Additional Director on 04 Nov 2025. Vaidyanathan Ashok was appointed as Additional Director on 04 Nov 2025. Venkataramani Jaiganesh was appointed as Additional Director on 04 Nov 2025. Tiger Steel Engineering (India) has 13 board changes on record in total.

Tiger Steel Engineering (India) can be reached through the website tseil.com. Its registered office is in Thane, Maharashtra, India.