MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-19-0065309
Titan Stainless India Private Limited
Titan Stainless India Private Limited - metals and minerals in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹68.97 Cr
▲ 11% YoY
Net profit · FY 2024
₹46.73 Lakh
Net margin 0.7%
EBITDA · FY 2024
₹90.83 Lakh
EBITDA margin 1.3%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Open charges
₹8.68 Cr
Secured borrowings
Company age
18 yrs
Est. 2008
Directors on board
2
As per MCA filings
About Titan Stainless India Private Limited
Data last updated:
Titan Stainless India Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 19 August 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U27100MH2008PTC185920. Its GSTIN is 27AADCT0112C1Z3 (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors Lalit Yashwant Kanungo and Dipesh Yashwant Kanungo.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Room No.6 1st Floor Plot 121/123 Mantri Building Jagannath Shankar Sheth Marg Ambewadi, Mumbai, Maharashtra, India – 400004.
As per the financials filed for FY 2024, the company reported a revenue of ₹68.97 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹46.73 Lakh (net margin 0.7%) and EBITDA of ₹90.83 Lakh (EBITDA margin 1.3%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 7% over five years.
As per MCA filings, the company has open charges of ₹8.68 Cr on record. Court records list 5 cases involving the company, including 2 filed by the company and 3 filed against it; 2 cases are pending.
Titan Stainless India Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0065309). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U27100MH2008PTC185920
Registration Number 185920
Incorporation Date 19 August 2008
ROC Mumbai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-19-0065309
Recognitions & Rankings of Titan Stainless India
Contact details
Titan Stainless India Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressRoom No.6 1st Floor Plot 121/123 Mantri Building Jagannath Shankar Sheth Marg Ambewadi, Mumbai, Maharashtra, India – 400004
- IndustryMetals and Minerals, Metal Retail & Distribution
To see the full contact details of Titan Stainless India Private Limited, buy the company report.
Comprehensive company report
Titan Stainless 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Titan Stainless India 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 Titan Stainless India Private Limited, buy the company report.
Financials of Titan Stainless India Private Limited
FY 2025 filings availableTitan Stainless India Private Limited reported revenue of ₹68.97 Cr (up 11% YoY) for FY 2024.
Revenue · FY 2024
₹68.97 Cr ▲ 11%
Net profit · FY 2024
₹46.73 Lakh margin 0.7%
EBITDA · FY 2024
₹90.83 Lakh margin 1.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 11%
3 years · compounded
▲ 21%
5 years · compounded
▲ 7%
EBITDA CAGR growth
1 year
▼ 26%
3 years · compounded
▲ 2%
5 years · compounded
▼ 3%
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 11% growth in the latest year. EBITDA fell 26% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 | ₹90.83 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹46.73 Lakh | ||||
| 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.3% | ||||
| Net Profit Margin | 0.7% | ||||
| 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 Titan Stainless India Private Limited, buy the company report.
Board of directors of Titan Stainless India Private Limited
Titan Stainless India has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lalit Yashwant Kanungo | Director | 19 Aug 2008 | 18 Years 2 Months | Current |
| Dipesh Yashwant Kanungo | Director | 01 Jul 2009 | 17 Years 4 Months | Current |
Auditor
Titan Stainless India Private Limited is audited by M J V & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M J V & CO | FY 2022 | 131600W |
Shareholding
The shareholding of Titan Stainless 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 category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Titan Stainless India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹8.68 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Apr 2023 | 100743097 | Hdfc Bank Limited | ₹15.07 Lakh | Open | |
| 23 Sep 2020 | 100378626 | Others | ₹15 Lakh | Open | |
| 03 Aug 2015 | 10584636 | Dbs Bank Ltd | ₹1.5 Cr | Open | |
| 21 Dec 2013 | 10477868 | Others | ₹3.87 Cr | Open | |
| 11 Mar 2011 | 10273348 | Yes Bank Limited | ₹3 Cr | Open |
To see the full charge records of Titan Stainless India Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Titan Stainless India Private Limited has 5 court cases on record: 2 filed by Titan Stainless India, 3 filed against it. 2 cases are pending and 3 are disposed.
Total cases
5
Filed by the company
2
Filed against the company
3
Pending
2
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 2 | 2 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMARY) | Filed by the company against an individual | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMONS CASES SS) | Filed by the company against an individual | Pending |
| Bombay High Court | Writ petition | Filed against the company by an individual | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CRI REV APP) | Filed against the company by an individual | Disposed |
| District court, Mumbai Motor Accident Claims T, Maharashtra | Motor accident claim | Filed against the company by an individual | Disposed |
To see the full case history of Titan Stainless India 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
No delayed payments to MSME suppliers are on our record for Titan Stainless India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Titan Stainless India has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCT0112C1Z3 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Titan Stainless India Private Limited, buy the company report.
Recent activity
Titan Stainless India Private Limited has 5 board changes on record since 2008: 3 appointments and 2 cessations. The latest: Yaswant Babulal Kanungo was appointed as Manager on 01 Nov 2010.
AGM
Titan Stainless India Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Filing
Titan Stainless India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Charges
A charge with Others of Rs. 3.87 Cr registered on 21 Dec 2013 with Charge ID 10477868 was modified on 28 Nov 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.15 Cr with Charge ID 100743097 was registered on 24 Apr 2023.
Charges
A charge with Others amounted to Rs. 0.15 Cr with Charge ID 100378626 was registered on 23 Sep 2020.
Charges
A charge with Dbs Bank Ltd amounted to Rs. 1.50 Cr with Charge ID 10584636 was registered on 03 Aug 2015.
Charges
A charge with Others amounted to Rs. 3.87 Cr with Charge ID 10477868 was registered on 21 Dec 2013.
Charges
A charge with Yes Bank Limited of Rs. 3.00 Cr registered on 11 Mar 2011 with Charge ID 10273348 was modified on 10 Jan 2013.
Charges
A charge with Yes Bank Limited amounted to Rs. 3.00 Cr with Charge ID 10273348 was registered on 11 Mar 2011.
Appointed
Yaswant Babulal Kanungo was appointed as Manager.
Ceased
Dipesh Yashwant Kanungo ceased to be Additional Director.
Ceased
Ranjit Jasraj Jain ceased to be Director.
3 earlier events are in the company report.
Frequently asked questions
Titan Stainless India is an active private limited company based in Mumbai, Maharashtra, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 19 August 2008 (18+ years old) and is registered under CIN U27100MH2008PTC185920.
Titan Stainless India has 2 current directors:
- Lalit Yashwant Kanungo - Director
- Dipesh Yashwant Kanungo - Director
The latest financial statements of Titan Stainless India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Titan Stainless India is 27AADCT0112C1Z3, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Titan Stainless India is U27100MH2008PTC185920. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Titan Stainless India has 5 court cases on record: 2 filed by the company and 3 filed against it. 2 are pending. Most are in the district courts.
Titan Stainless India was incorporated on 19 August 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
Yaswant Babulal Kanungo was appointed as Manager on 01 Nov 2010. Dipesh Yashwant Kanungo ceased to be Additional Director on 07 Aug 2010. Ranjit Jasraj Jain ceased to be Director on 25 Jan 2010. Titan Stainless India has 5 board changes on record in total.
Yes, Titan Stainless India is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-19-0065309).
The registered office of Titan Stainless India is at Room No.6 1st Floor Plot 121123 Mantri Building Jagannath Shankar Sheth Marg Ambewadi, Mumbai, Maharashtra, India – 400004.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages