Titan Steels Private Limited
About Titan Steels Private Limited
Data last updated:
Titan Steels 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 13 November 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U27106MH1996PTC103922. Its GSTIN is 27AABCT3156E2ZI (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹4.81 Lakh. It was formerly known as Titan Bulkers Private Limited. It is led by directors Bimal Ramanlal Desai and Nikhil Ramanlal Desai.
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 B – 902 Jay Prabhat Chs Ltd Sahakar Nagar J.P.Road Andheri (W), Mumbai, Maharashtra, India – 400053.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.01 Cr, a decline of 53% compared to the previous year. For the same year it recorded a net loss of ₹1.8 Lakh (net margin -0.5%) and EBITDA of ₹62,862 (EBITDA margin 0.2%). Revenue has grown at a compounded annual rate (CAGR) of 222% over three years and 162% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Titan Steels has one previous CIN (Corporate Identification Number): U60221MH1996PTC103922. The current CIN is U27106MH1996PTC103922, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27106MH1996PTC103922 | Current |
| U60221MH1996PTC103922 | Previous |
Contact details
Titan Steels Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressB – 902 Jay Prabhat Chs Ltd Sahakar Nagar J.P.Road Andheri (W), Mumbai, Maharashtra, India – 400053
- IndustryMetals and Minerals, Metal Retail & Distribution
To see the full contact details of Titan Steels 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 Titan Steels 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 Titan Steels Private Limited, buy the company report.
Financials of Titan Steels Private Limited
FY 2025 filings availableTitan Steels Private Limited reported revenue of ₹4.01 Cr (down 53% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 53% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 162%. EBITDA fell 83% 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 |
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| EBITDA | ₹62,862 | ||||
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| Net Profit (PAT) | -₹1.8 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.2% | ||||
| Net Profit Margin | -0.5% | ||||
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To see the full financial statements and ratios of Titan Steels Private Limited, buy the company report.
Board of directors of Titan Steels Private Limited
Titan Steels has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bimal Ramanlal Desai Also directs: Body and Beyond Health Care LLP, Nutan Agro Industries Private Limited, Magnus Buildcon Projects Private Limited and 1 more | Director | 13 Nov 1996 | 29 Years 11 Months | Current |
| Nikhil Ramanlal Desai Also directs: Magnus Buildcon Projects Private Limited | Director | 13 Nov 1996 | 29 Years 11 Months | Current |
Peer comparison
Titan Steels Private Limited is compared with the 5 companies closest to it by revenue in the Metals and Minerals industry (Metal 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 |
|---|---|---|---|---|---|---|
| Satelite Trade Impex Private Limited | ₹4.01 Cr (FY 2025) | -22.0% | Mumbai, Maharashtra, India | |||
| Akar Industries Private Limited | ₹4.01 Cr (FY 2024) | -37.0% | Mumbai, Maharashtra, India | |||
| Titan Steels Private Limitedthis company | ₹4.01 Cr (FY 2024) | -₹1.8 Lakh | -0.5% | -53.0% | Mumbai, Maharashtra, India | |
| Victory Meta Steel Enterprises Private Limited | ₹3.98 Cr (FY 2018) | 32.0% | Jhunjhunu, Rajasthan, India | |||
| Shabbir Ispat Private Limited | ₹3.98 Cr (FY 2020) | -46.0% | Mumbai, Maharashtra, India | |||
| Unique Ispat Private Limited | ₹3.98 Cr (FY 2024) | -38.0% | Mohali, Punjab, India |
To see the full peer comparison of Titan Steels Private Limited, buy the company report.
Auditor
Titan Steels Private Limited is audited by MAAHESHGIRDHARILALKEDIA for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MAAHESHGIRDHARILALKEDIA | FY 2023 | 042383 |
Shareholding
The shareholding of Titan Steels 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 Titan Steels Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Titan Steels 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 Titan Steels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Titan Steels has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCT3156E2ZI | Maharashtra | Active | 17 May 2019 |
To see the full GST registrations and return filing status of Titan Steels Private Limited, buy the company report.
Recent activity
Titan Steels Private Limited has 2 board changes on record since 1996: 2 appointments. The latest: Bimal Ramanlal Desai was appointed as Director on 13 Nov 1996.
Frequently asked questions
Titan Steels 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 13 November 1996 (30+ years old) and is registered under CIN U27106MH1996PTC103922.
Titan Steels has 2 current directors:
- Bimal Ramanlal Desai - Director
- Nikhil Ramanlal Desai - Director
The latest financial statements of Titan Steels 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 Titan Steels is 27AABCT3156E2ZI, 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 Steels is U27106MH1996PTC103922. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Titan Steels was incorporated on 13 November 1996, making it 30+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Titan Steels by revenue are Satelite Trade Impex Private Limited, Akar Industries Private Limited, Victory Meta Steel Enterprises Private Limited, Shabbir Ispat Private Limited, Unique Ispat Private Limited, all in the Metals and Minerals industry (Metal Retail and Distribution), with the same principal business activity (wholesale trading).
Bimal Ramanlal Desai was appointed as Director on 13 Nov 1996. Nikhil Ramanlal Desai was appointed as Director on 13 Nov 1996.
The registered office of Titan Steels is at B – 902 Jay Prabhat Chs Ltd Sahakar Nagar J.P.Road Andheri W, Mumbai, Maharashtra, India – 400053.
Titan Steels operates in the metals and minerals industry, in the metal retail and distribution segment.
The compliance status of Titan Steels is compliant as of 25 August 2026. The company is actively filing with the Registrar of Companies.
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