
Torotiles Private Limited
About Torotiles Private Limited
Data last updated:
Torotiles Private Limited was a private limited company based in Morbi, Gujarat, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the wholesale trading and distribution segment of the trading and commerce sector. It was incorporated on 21 December 2016.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74999GJ2016PTC094803. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors including Hiren Rasiklal Kanani and Varun Tyagi.
Its last annual general meeting (AGM) was held on 22 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at Office No – 13 Ist Floor Surve No – 191 Behind Shiv Ajaanta Hotel Mahendra Nagar, Morbi, Gujarat, India – 363642.
As per the financials filed for FY 2017, the company reported a revenue of ₹5.49 Lakh. For the same year it recorded a net profit of ₹93,794 (net margin 17.1%) and EBITDA of ₹1.41 Lakh (EBITDA margin 25.7%).
Company details
Contact details
Torotiles Private Limited's registered office is in Morbi, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressOffice No – 13 Ist Floor Surve No – 191 Behind Shiv Ajaanta Hotel Mahendra Nagar, Morbi, Gujarat, India – 363642
- IndustryTrading, Wholesale, Other Wholesale
To see the full contact details of Torotiles 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
Financials of Torotiles Private Limited
FY 2018 filings availableTorotiles Private Limited reported revenue of ₹5.49 Lakh for FY 2017.
Financial Statement Summary
| Metrics | FY 2016-17 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | ₹5.49 Lakh |
| Other Income | |
| Total Revenue | |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹1.41 Lakh |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | ₹93,794 |
| 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 2016-17 |
|---|---|
| Profitability | |
| EBITDA Margin | 25.7% |
| Net Profit Margin | 17.1% |
| 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 Torotiles Private Limited, buy the company report.
Board of directors of Torotiles Private Limited
Torotiles has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hiren Rasiklal Kanani Also directs: Toro Globaledge LLP | Director | 17 Feb 2017 | 9 Years 8 Months | As last reported |
| Varun Tyagi Also directs: Central Himalayan Farms Private Limited, Tierra Surface India Private Limited, MGT India Business Private Limited and 5 more | Director | 21 Dec 2016 | 9 Years 10 Months | As last reported |
| Subhash Chand Tyagi Also directs: Tilers Floors and Walls LLP, Central Himalayan Farms Private Limited, Tierra Surface India Private Limited and 4 more | Director | 21 Dec 2016 | 9 Years 10 Months | As last reported |
Auditor
Torotiles Private Limited is audited by ABHAYGARG for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ABHAYGARG | FY 2017 | 409439 |
Shareholding
The shareholding of Torotiles Private Limited is on record for FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Torotiles Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Torotiles 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 Torotiles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Torotiles has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Torotiles Private Limited, buy the company report.
Recent activity
Torotiles Private Limited has 3 board changes on record since 2016: 3 appointments. The latest: Hiren Rasiklal Kanani was appointed as Director on 17 Feb 2017.
Frequently asked questions
Torotiles has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Torotiles was a private limited company based in Morbi, Gujarat, India. The company worked in wholesale, within the trading industry. It was incorporated on 21 December 2016 and is registered under CIN U74999GJ2016PTC094803. The company has been struck off by the Registrar of Companies and is no longer operational.
Torotiles had 3 directors:
- Hiren Rasiklal Kanani - Director
- Varun Tyagi - Director
- Subhash Chand Tyagi - Director
The CIN (Corporate Identification Number) of Torotiles is U74999GJ2016PTC094803. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Torotiles is at Office No – 13 Ist Floor Surve No – 191 Behind Shiv Ajaanta Hotel Mahendra Nagar, Morbi, Gujarat, India – 363642.
Torotiles was incorporated on 21 December 2016. It is registered with the Registrar of Companies, Ahmedabad.
The latest financial statements of Torotiles on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 22 September 2018. Year-wise statements from FY 2017 are in the company report.
No. Torotiles has 1 GST registration on record and it is cancelled or inactive.
Torotiles operated in the trading industry, in the wholesale segment. It worked in this industry before it was struck off.
Hiren Rasiklal Kanani was appointed as Director on 17 Feb 2017. Subhash Chand Tyagi was appointed as Director on 21 Dec 2016. Varun Tyagi was appointed as Director on 21 Dec 2016.