MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-24-0000679
TML Industries Limited - chemicals and materials in Vadodara, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹59.53 Cr
▲ 59% YoY
Net profit · FY 2023
₹3.42 Cr
Net margin 5.7%
EBITDA · FY 2023
₹10.2 Cr
EBITDA margin 17.1%
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹5.25 Cr
Issued & subscribed
Open charges
₹4 Cr
Satisfied ₹160.75 Cr
Company age
37 yrs
Est. 1989
Employees · EPFO
318
Provident fund records
About TML Industries Limited
Data last updated:
TML Industries Limited is a public limited company based in Vadodara, Gujarat, India. It operates in the specialty chemicals segment of the chemicals and materials sector. It was incorporated on 07 June 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74120GJ1989PLC012329. Its GSTIN is 24AABCT0793K1Z7 (CBIC).
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹5.25 Cr. It was formerly known as Transmetal Limited. It is led by directors including Ashwin Champraj Shroff and Mukesh Dahyabhai Patel.
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 1006/3 Goship House Opp. Shree Pragati Vidhyalaya Bhayli, Vadodara, Gujarat, India – 391410.
As per the financials filed for FY 2023, the company reported a revenue of ₹59.53 Cr, a growth of 59% compared to the previous year. For the same year it recorded a net profit of ₹3.42 Cr (net margin 5.7%) and EBITDA of ₹10.2 Cr (EBITDA margin 17.1%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years.
The company has about 318 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: TML Industries. As per MCA filings, the company has open charges of ₹4 Cr and satisfied charges of ₹160.75 Cr on record. Court records list 20 cases involving the company, including 5 filed by the company and 15 filed against it.
TML Industries Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0000679). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tmlind.com.
Company details
CIN U74120GJ1989PLC012329
Registration Number 012329
Incorporation Date 07 June 1989
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-24-0000679
CIN history
TML Industries has one previous CIN (Corporate Identification Number): U27100GJ1989PLC012329. The current CIN is U74120GJ1989PLC012329, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74120GJ1989PLC012329 | Current |
| U27100GJ1989PLC012329 | Previous |
Recognitions & Rankings of TML Industries
Contact details
TML Industries Limited's registered office is in Vadodara, Gujarat. Its website is tmlind.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address1006/3 Goship House Opp. Shree Pragati Vidhyalaya Bhayli, Vadodara, Gujarat, India – 391410
- IndustryChemicals and Materials, Specialty Chemicals
To see the full contact details of TML Industries Limited, buy the company report.
Comprehensive company report
TML Industries 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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Secure checkout · GST invoice included
Brands
TML Industries operates one associated brand: TML Industries. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Chemical manufacturing, agrochemical production, and community initiatives in Gujarat. | tmlind.com |
Financials of TML Industries Limited
FY 2025 filings availableTML Industries Limited reported revenue of ₹59.53 Cr (up 59% YoY) for FY 2023.
Revenue · FY 2023
₹59.53 Cr ▲ 59%
Net profit · FY 2023
₹3.42 Cr margin 5.7%
EBITDA · FY 2023
₹10.2 Cr margin 17.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 59%
3 years · compounded
▲ 27%
EBITDA CAGR growth
1 year
▲ 70%
3 years · compounded
▲ 16%
5 years · compounded
▲ 51%
Revenue has grown at a compounded annual rate (CAGR) of 27% over three years, including 59% growth in the latest year. EBITDA rose 70% 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 | ₹59.53 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹10.2 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.42 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 | 17.1% | ||||
| Net Profit Margin | 5.7% | ||||
| 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 TML Industries Limited, buy the company report.
Board of directors of TML Industries Limited
TML Industries has 6 current directors and 21 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashwin Champraj Shroff Also directs: Transpek Industry Limited, Excel Industries Limited, Excel Bio Resources Limited and 5 more | Director | 10 Jun 2022 | 4 Years 4 Months | Current |
| Mukesh Dahyabhai Patel Also directs: Punjab Chemicals and Crop Protection Limited | Director | 10 Jun 2022 | 4 Years 4 Months | Current |
| Shakti Mehta | Director | 29 Jun 2023 | 3 Years 3 Months | Current |
| Nimishbhai Upendrabhai Patel Also directs: Shri Dinesh Mills Limited, Dinesh Felts Limited, Stellent Chemicals Industries Limited and 3 more | Additional Director | 30 Jan 2025 | 1 Years 8 Months | Current |
| Avtar Singh | Director | 16 Aug 2021 | 5 Years 2 Months | Current |
| Dipesh Kantisen Shroff Also directs: Transpek Industry Limited, Kutch Crop Services Private Limited, Neo Seeds India Private Limited and 5 more | Director | 20 Jun 2007 | 19 Years 4 Months | Current |
Auditor
TML Industries Limited is audited by CNK & Associates LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CNK & Associates LLP | FY 2023 | 101961W |
Shareholding
The shareholding of TML Industries 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of TML Industries Limited, buy the company report.
Charges & borrowings
Open charges
₹4 Cr
Satisfied charges
₹160.75 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Nov 2007 | 10079425 | Idbi Bank Limited | ₹2 Cr | Open | |
| 20 Apr 2006 | 10003213 | Idbi Bank Limited | ₹2 Cr | Open | |
| 17 Jan 2014 | 10477222 | Kotak Mahindra Bank Limited | ₹8.4 Cr | Satisfied | |
| 12 Jun 2012 | 10363107 | Bank of Maharastra | ₹8 Cr | Satisfied | |
| 27 Jun 2011 | 10292959 | Others | ₹1.47 Cr | Satisfied |
To see the full charge records of TML Industries Limited, buy the company report.
Total charge records: 20 View all charges
Legal cases
TML Industries Limited has 20 court cases on record: 5 filed by TML Industries, 15 filed against it. All cases are disposed.
Total cases
20
Filed by the company
5
Filed against the company
15
Disposed
20
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 10 | 0 |
| High courts | 9 | 5 | 0 |
Cases on record (5 of 20)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Vadodara, Gujarat | Court case (CR EN) | Filed against the company by S.N. Tradelink Pvt. Ltd. Through Its Director Navinchandra Harilal Suratwal | Disposed |
| District court, SURAT, Gujarat | Criminal complaint | Filed against the company by N Tradelink Pvt Ltd Though Its Director Navincahndra Harilala Suratwala | Disposed |
| District court, Vadodara, Gujarat | Interim or miscellaneous application | Filed against the company by an individual | Disposed |
| High Court, GUJARAT | Commercial suit | Filed by the company | Disposed |
| High Court, GUJARAT | Commercial suit | Filed by the company against an individual | Disposed |
To see the full case history of TML Industries 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.
Credit ratings & regulatory alerts
TML Industries Limited was last rated by Crisil on 30 Mar 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 30 Mar 2020 |
To see the full credit ratings and regulatory alerts of TML Industries Limited, buy the company report.
MSME payment delays
TML Industries Limited has 65 MSME Form 1 returns on record between 2015 and 2024, listing 1,121 overdue payments to 39 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 39)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Jodhpur Lime Industries | |||
| Prakruti Environmental Engineers | |||
| Sugo Electricals | |||
| Zeppelin Systems India Private Limited | |||
| an individual supplier |
To see the full MSME payment records of TML Industries Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
TML Industries has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Oasis Agritech Limited | U01135GJ1996PLC030102 |
To see the full group structure of TML Industries Limited, buy the company report.
Employees & EPFO
TML Industries Limited has a workforce of 318 employees on its EPFO records as of Apr 01, 2024, across 2 active EPFO establishments.
Employee count
318
Active EPFO establishments
2
Employee growth
11.19%
GST
TML Industries has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCT0793K1Z7 | CBIC | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of TML Industries Limited, buy the company report.
Recent activity
TML Industries Limited has 25 board changes on record since 2007: 6 appointments and 19 cessations. The latest: Nimishbhai Upendrabhai Patel was appointed as Additional Director on 30 Jan 2025.
AGM
Tml Industries Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Filing
Tml Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Nimishbhai Upendrabhai Patel was appointed as Additional Director.
Charges
A charge registered on 27 Jun 2011 via Charge ID 10292959 with Others was fully satisfied on 24 Dec 2024.
Charges
A charge with Others of Rs. 1.47 Cr registered on 27 Jun 2011 with Charge ID 10292959 was modified on 20 Mar 2024.
Ceased
Shakti Mehta ceased to be Director Appointed In Casual Vacancy.
Appointed
Shakti Mehta was appointed as Director.
Charges
A charge with Idbi Bank Limited of Rs. 2.00 Cr registered on 20 Nov 2007 with Charge ID 10079425 was modified on 21 Mar 2023.
Charges
A charge with Idbi Bank Limited of Rs. 2.00 Cr registered on 20 Apr 2006 with Charge ID 10003213 was modified on 14 Mar 2023.
Ceased
Ashwin Champraj Shroff ceased to be Additional Director.
Ceased
Maulik Chandraketu Mehta ceased to be Additional Director.
Ceased
Mukesh Dahyabhai Patel ceased to be Additional Director.
66 earlier events are in the company report.
Frequently asked questions
TML Industries is an active public limited company based in Vadodara, Gujarat, India. The company works in specialty chemicals, within the chemicals and materials industry. It was incorporated on 07 June 1989 (37+ years old) and is registered under CIN U74120GJ1989PLC012329.
TML Industries has 6 current directors:
- Ashwin Champraj Shroff - Director
- Mukesh Dahyabhai Patel - Director
- Shakti Mehta - Director
- Nimishbhai Upendrabhai Patel - Additional Director
- Avtar Singh - Director
- Dipesh Kantisen Shroff - Director
The latest financial statements of TML Industries 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 TML Industries is 24AABCT0793K1Z7, registered in CBIC.
The CIN (Corporate Identification Number) of TML Industries is U74120GJ1989PLC012329. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
TML Industries has 20 court cases on record: 5 filed by the company and 15 filed against it. Most are in the district courts.
TML Industries was incorporated on 07 June 1989, making it 37+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Nimishbhai Upendrabhai Patel was appointed as Additional Director on 30 Jan 2025. Shakti Mehta ceased to be Director Appointed In Casual Vacancy on 28 Sep 2023. Shakti Mehta was appointed as Director on 29 Jun 2023. TML Industries has 25 board changes on record in total.
Yes, TML Industries is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-24-0000679).
TML Industries has 65 MSME Form 1 returns on record between 2015 and 2024, listing 1,121 overdue payments to 39 micro and small suppliers. The latest return was filed on 26 Apr 2024.
TML Industries can be reached through the website tmlind.com. Its registered office is in Vadodara, Gujarat, India.