About Toshali Cements Private Limited
Data last updated:
Toshali Cements Private Limited was a private limited company based in Bara Chauraha, Uttar Pradesh, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the cement and cement products segment of the manufacturing sector. It was incorporated on 13 August 2002.
The company was registered with the Registrar of Companies (ROC), Kanpur, under CIN U26942UP2002PTC211282. Its GSTIN is 09AABCT8989K1ZD (Uttar Pradesh). The company held 5 GST registrations, all of them active.
The company had an authorised share capital of ₹145 Cr and a paid-up capital of ₹93.75 Cr. It was led by directors including Amit Kothari (Whole-Time Director) and Raghavpat Singhania.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at Bara Chauraha, Uttar Pradesh.
As per the financials filed for FY 2024, the company reported a revenue of ₹66.68 Cr, a decline of 11% compared to the previous year. For the same year it recorded a net profit of ₹17.81 Cr (net margin 26.7%) and EBITDA of ₹27.68 Cr (EBITDA margin 41.5%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years and 5% over five years.
The company had about 44 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 1 brand: Toshali Cements. As per MCA filings, the company had open charges of ₹8.91 Cr and satisfied charges of ₹38.77 Cr on record. Court records list 49 cases involving the company, including 25 filed by the company and 24 filed against it; 21 cases are pending. The company has 20 deals on record (8 funding rounds, 6 secondary share transfers, 2 debt financings), with disclosed funding of ₹221.61 Cr; the latest was in June 2024. Its 3 peer companies in the Manufacturing industry (Cement and Cement Products), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities) are compared by revenue, 1 larger and 2 smaller; the largest is Balmukund Cement & Roofings Private Limited with revenue of ₹67.99 Cr. The company has 12 MSME Form 1 returns on record between 2019 and 2024, listing 266 overdue payments to 22 micro and small suppliers.
The last known website on record is toshalicement.com.
Company details
CIN history
Toshali Cements has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U26942UP2002PTC211282, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U26942UP2002PTC211282 | Current |
| U26942AP2002PTC039450 | Previous |
| U26942TG2002PTC039450 | Previous |
Contact details
Toshali Cements Private Limited's registered office is in Bara Chauraha, Uttar Pradesh.
- Registered AddressKamla Tower, 29/1 Dwarikadheesh Road, Bara Chauraha, Uttar Pradesh, India – 208001
- IndustryManufacturing, Cement & Cement Products
- 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
Brands
Toshali Cements operates one associated brand: Toshali Cements. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Cement and steel products are manufactured by Toshali Cements. | toshalicement.com |
Business activity
The main business activity of Toshali Cements is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Toshali Cements Private Limited, buy the company report.
Financials of Toshali Cements Private Limited
FY 2024 filings availableToshali Cements Private Limited reported revenue of ₹66.68 Cr (down 11% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 5% over five years, including a 11% fall in the latest year. EBITDA rose 683% 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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| Total Expenses | |||||
| EBITDA | ₹27.68 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹17.81 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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| Inventories | |||||
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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 | 41.5% | ||||
| Net Profit Margin | 26.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
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| 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 Toshali Cements Private Limited, buy the company report.
Board of directors of Toshali Cements Private Limited
Toshali Cements has 5 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raghavpat Singhania Also directs: J. K. Cement Limited., JK Paints and Pigments Limited, JK Maxx Paints Limited and 5 more | Director | 21 Feb 2024 | 2 Years 8 Months | As last reported |
| Amit Kothari | Whole-Time Director | 03 Jun 2024 | 2 Years 4 Months | As last reported |
| Vidhi Nidhipati Singhania | Director | 30 Apr 2024 | 2 Years 5 Months | As last reported |
| Madhavkrishna Singhania Also directs: J. K. Cement Limited., JK Maxx Paints Limited, Yadu International Private Limited and 5 more | Director | 21 Feb 2024 | 2 Years 8 Months | As last reported |
| Ajay Kumar Saraogi Also directs: J. K. Cement Limited., JK Paints and Pigments Limited, JK Maxx Paints Limited and 5 more | Director | 21 Feb 2024 | 2 Years 8 Months | As last reported |
Peer comparison
Toshali Cements Private Limited is compared with the 3 companies closest to it by revenue in the Manufacturing industry (Cement and Cement Products), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Balmukund Cement & Roofings Private Limited | ₹67.99 Cr (FY 2025) | -19.0% | Patna, Bihar, India | |||
| Toshali Cements Private Limitedthis company | ₹66.68 Cr (FY 2024) | ₹17.81 Cr | 26.7% | -11.0% | Bara Chauraha, Uttar Pradesh, India | |
| BN Precast Private Limited | ₹64.1 Cr (FY 2024) | 59.0% | Ahmedabad, Gujarat, India | |||
| True Integral Concrete Private Limited | ₹63.45 Cr (FY 2024) | -22.0% | Virugambakkam, Tamil Nadu, India |
To see the full peer comparison of Toshali Cements Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Aug 2021 | 100479505 | Others | ₹40 Lakh | Satisfied | |
| 23 Aug 2021 | 100482798 | Others | ₹4 Cr | Satisfied | |
| 01 Jul 2021 | 100461345 | Others | ₹2 Cr | Satisfied | |
| 15 Jun 2021 | 100464797 | Others | ₹2 Cr | Satisfied | |
| 24 Nov 2020 | 100389292 | State Bank of India | ₹1.05 Cr | Satisfied |
To see the full charge records of Toshali Cements Private Limited, buy the company report.
Total charge records: 27 View all charges
Deals & funding
Toshali Cements Private Limited has 20 deals on record (8 funding rounds, 6 secondary share transfers, 2 debt financings), with disclosed funding of ₹221.61 Cr; the latest was in June 2024.
Deals on record (5 of 20)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Funding round | ₹29 Cr | Investors: J. K. Cement Limited. |
| Feb 2024 | Acquisition | ₹90 Cr | Buyer: J. K. Cement Limited. |
| Feb 2024 | Secondary share transfer | Undisclosed | Buyer: J. K. Cement Limited. Seller: MJ Patel Family Private Limited, an individual |
| Feb 2023 | Secondary share transfer | Undisclosed | Buyer: MJ Patel Family Private Limited, an individual Seller: 4 individuals |
| Feb 2023 | Secondary share transfer | Undisclosed | Buyer: MJ Patel Family Private Limited, an individual Seller: Volta Impex Private Limited , 3 individuals |
To see the full deal history of Toshali Cements Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Toshali Cements Private Limited has 49 court cases on record: 25 filed by Toshali Cements, 24 filed against it. 21 cases are pending and 28 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 30 | 17 | 8 |
| High courts | 19 | 7 | 13 |
Cases on record (5 of 49)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Visakapatnam, Andhra Pradesh | Civil suit | Filed by the company against Ms. Gammon India Ltd., and 3 others | Pending |
| High Court, ANDHRAPRADESH | Revision petition | Filed by the company against M/S Gammon India Limited and 4 others | Disposed |
| District court, Visakapatnam, Andhra Pradesh | Civil suit | Filed by the company against M/S Purav Industries Private Limited and 1 other | Disposed |
| District court, Khurda, Orissa | Court case (EXECUITION CASES) | Filed against the company by The Industrial Development Corporation of Odisha Ltd | Disposed |
| District court, Visakapatnam, Andhra Pradesh | Civil suit | Filed against the company by an individual | Pending |
To see the full case history of Toshali Cements 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.
Credit ratings & regulatory alerts
Toshali Cements Private Limited was last rated by Icra on 06 May 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 06 May 2022 |
To see the full credit ratings and regulatory alerts of Toshali Cements Private Limited, buy the company report.
MSME payment delays
Toshali Cements Private Limited has 12 MSME Form 1 returns on record between 2019 and 2024, listing 266 overdue payments to 22 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 22)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Sri Venkatasrinivasa Polymers Private Limited | |||
| an individual supplier | |||
| S.S.Techinical Services | |||
| an individual supplier |
To see the full MSME payment records of Toshali Cements Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Toshali Cements has 5 GST registrations: 5 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AABCT8989K1ZD | Uttar Pradesh | Active | 26 Mar 2025 |
| 21AABCT8989K1ZR | Odisha | Active | 01 Jul 2017 |
| 37AABCT8989K1ZE | Andhra Pradesh | Active | 01 Jul 2017 |
| 21AABCT8989K2ZQ | Odisha | Active | 16 Jul 2017 |
To see the full GST registrations and return filing status of Toshali Cements Private Limited, buy the company report.
Recent activity
Toshali Cements Private Limited has 20 board changes on record since 2010: 5 appointments and 15 cessations. The latest: Vidhi Nidhipati Singhania ceased to be Additional Director on 29 Sep 2024.
68 earlier events are in the company report.
News
Frequently asked questions
Toshali Cements has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Toshali Cements was a private limited company based in Bara Chauraha, Uttar Pradesh, India. The company worked in cement and cement products, within the manufacturing industry. It was incorporated on 13 August 2002 and is registered under CIN U26942UP2002PTC211282. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Toshali Cements was incorporated on 13 August 2002. It is registered with the Registrar of Companies, Kanpur.
Toshali Cements had 5 directors:
- Amit Kothari - Whole-Time Director
- Raghavpat Singhania - Director
- Vidhi Nidhipati Singhania - Director
- Madhavkrishna Singhania - Director
- Ajay Kumar Saraogi - Director
The CIN (Corporate Identification Number) of Toshali Cements is U26942UP2002PTC211282. 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 Toshali Cements is at Kamla Tower, 291 Dwarikadheesh Road, Bara Chauraha, Uttar Pradesh, India – 208001.
Toshali Cements can be reached through the website toshalicement.com. Its registered office is in Bara Chauraha, Uttar Pradesh, India.
The latest financial statements of Toshali Cements on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Toshali Cements is 09AABCT8989K1ZD, registered in Uttar Pradesh. The company has 5 GST registrations in all, of which 5 are active. Other active GSTINs include 21AABCT8989K1ZR (Odisha), 37AABCT8989K1ZE (Andhra Pradesh), 21AABCT8989K2ZQ (Odisha).
Toshali Cements operated in the manufacturing industry, in the cement and cement products segment.
Toshali Cements has 20 deals on record (8 funding rounds, 6 secondary share transfers, 2 debt financings), with disclosed funding of ₹221.61 Cr; the latest was in June 2024.
The peers of Toshali Cements by revenue are Balmukund Cement & Roofings Private Limited, BN Precast Private Limited, True Integral Concrete Private Limited, all in the Manufacturing industry (Cement and Cement Products), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities).