TML Industries Limited

TML Industries Limited - chemicals and materials in Vadodara, Gujarat, India. FY 2026 financials & compliance.
CIN U74120GJ1989PLC012329 Incorporated 07 June 1989 ROC Ahmedabad HQ Vadodara, Gujarat, India
Active Public Limited Company chemicals and materials MSME · Medium
Data last updated
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 19 cases involving the company, including 5 filed by the company and 12 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 of TML Industries Limited
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 of TML Industries Limited

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.

CINStatus
U74120GJ1989PLC012329Current
U27100GJ1989PLC012329Previous
Key People
Ashwin Champraj Shroff Director Mukesh Dahyabhai Patel Director Shakti Mehta Director

Recognitions & Rankings of TML Industries

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-GJ-24-0000679
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    tmlind.com
  • Social Media
    Locked
  • Registered Address
    1006/3 Goship House Opp. Shree Pragati Vidhyalaya Bhayli, Vadodara, Gujarat, India – 391410
  • Industry
    Chemicals and Materials, Specialty Chemicals
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Financials, compliance, directors, charges, ownership and filings for TML Industries Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Associated Brands with TML Industries Limited

TML Industries operates one associated brand: TML Industries. Each brand links to its own profile.

BrandDescriptionWebsite
TML Industries
Chemical manufacturing, agrochemical production, and community initiatives in Gujarat.tmlind.com

Financials of TML Industries Limited FY 2025 filings available

TML 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) of TML Industries Limited

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 of TML Industries Limited

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 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 of TML Industries Limited

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin17.1%••••••••••••••••
Net Profit Margin5.7%••••••••••••••••
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••••••••••••••••••••

Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of TML Industries are in the company report.

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Financial statements from 2015

Earlier years and trend charts are in the company report.

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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
NameDesignationAppointment DateTenureStatus
Ashwin Champraj Shroff
Also directs: Transpek Industry Limited, Excel Industries Limited, Excel Bio Resources Limited and 5 more
Director10 Jun 20224 Years 4 MonthsCurrent
Mukesh Dahyabhai Patel
Also directs: Punjab Chemicals and Crop Protection Limited
Director10 Jun 20224 Years 4 MonthsCurrent
Shakti Mehta
Also directs: Infinity Consultants Limited, Skilltelligent Solutions Private Limited, Yashashchandra Family Foundation
Director29 Jun 20233 Years 3 MonthsCurrent
Nimishbhai Upendrabhai Patel
Also directs: Shri Dinesh Mills Limited, Dinesh Felts Limited, Stellent Chemicals Industries Limited and 3 more
Additional Director30 Jan 20251 Years 8 MonthsCurrent
Avtar Singh
Also directs: Punjab Chemicals and Crop Protection Limited, Transpek Industry Limited, Arg Nutrifuture LLP
Director16 Aug 20215 Years 2 MonthsCurrent
Dipesh Kantisen Shroff
Also directs: Transpek Industry Limited, Kutch Crop Services Private Limited, Neo Seeds India Private Limited and 5 more
Director20 Jun 200719 Years 4 MonthsCurrent
View all directors

Auditor Details of TML Industries Limited

TML Industries Limited is audited by CNK & Associates LLP for the financial year 2023.

NameStatusAppointment DateCessation Date
CNK & Associates LLPLockedLockedLocked
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Ownership and Shareholding of TML Industries Limited

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Shareholding and ownership data

Promoter, institutional, public and beneficial ownership figures are in the company report.

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Charges & Borrowings of TML Industries Limited

Open charges
₹4 Cr
Satisfied charges
₹160.75 Cr
Breakdown by lending institutions
Idbi Bank Limited₹4.00 Cr
Latest charge details
DateLenderAmountStatus
20 Nov 2007Idbi Bank Limited₹2 CrOpen
20 Apr 2006Idbi Bank Limited₹2 CrOpen
17 Jan 2014Kotak Mahindra Bank Limited₹8.4 CrSatisfied
12 Jun 2012Bank of Maharastra₹8 CrSatisfied
27 Jun 2011Others₹1.47 CrSatisfied

Total charge records: 20 View all charges

MSME Payment Delays by TML Industries Limited

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)

SupplierAmount dueDue sinceReported on
Jodhpur Lime Industries••••••••••••
Prakruti Environmental Engineers••••••••••••
Sugo Electricals••••••••••••
Zeppelin Systems India Private Limited••••••••••••
an individual supplier••••••••••••
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Full MSME payment history

Every supplier, amount and due date from all 65 MSME Form 1 returns is in the company report.

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Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.

Employees and EPFO Compliance at TML Industries Limited

TML Industries Limited has a workforce of 318 employees as of Apr 01, 2024.

Employee count
318
Active EPFO establishments
2
Employee growth
11.19%
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Group Structure of TML Industries Limited

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 NameCINShares Held
Oasis Agritech LimitedU01135GJ1996PLC030102Locked

Showing major subsidiaries. Total: 1.

Recent Activity on TML Industries Limited

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 listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for TML Industries Limited

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Credit ratings, litigation, and regulatory alerts

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Subsidiaries & Group Companies of TML Industries Limited

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Corporate group structure

Parent, subsidiary, associate and joint venture records with holdings are in the company report.

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GST Compliance of TML Industries Limited

TML Industries has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AABCT0793K1Z7CBICActive01 Jul 2017
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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of TML Industries Limited

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MCA filings and documents

Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.

  • Incorporation documents
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Frequently Asked Questions about TML Industries Limited

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 reported revenue of ₹59.53 Cr for FY 2023 (up 59% YoY).

TML Industries has 6 current directors:

TML Industries reported a net profit of ₹3.42 Cr (net margin 5.7%) and EBITDA of ₹10.2 Cr (EBITDA margin 17.1%) for FY 2023, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of TML Industries is 27% over three years. In the latest year (FY 2023) revenue rose 59%. CAGR is the steady yearly rate that links the first and the last year.

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 19 court cases on record: 5 filed by the company and 12 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).

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