Tricon Enterprises Private Limited

Tricon Enterprises Private Limited - pharma in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U51900MH1993PTC071971 Incorporated 13 May 1993 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company pharma MSME
Data last updated
Revenue · FY 2025
₹111.48 Cr
▲ 32% YoY
Net profit · FY 2025
₹5.62 Cr
Net margin 5%
EBITDA · FY 2025
₹9.1 Cr
EBITDA margin 8.2%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹4.5 Lakh
Issued & subscribed
Open charges
₹31.56 Cr
Satisfied ₹55 Lakh
Company age
33 yrs
Est. 1993
Directors on board
4
As per MCA filings

About Tricon Enterprises Private Limited

Data last updated:

Tricon Enterprises Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 13 May 1993 and has been in existence for over 33 years.

Its director Jayesh P Choksi and family are #893 among India's richest people (2026).

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51900MH1993PTC071971. Its GSTIN is 27AAACT1676L1Z0 (Maharashtra).

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹4.5 Lakh. It is led by directors including Rupesh Kesarikumar Choksi (Managing Director) and Jayesh Pannalal Choksi.

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 is at 37 Kamala Bhuvan – II S. Nityanand, Marg Mumbai Suburban, Maharashtra, India – 400069.

As per the financials filed for FY 2025, the company reported a revenue of ₹111.48 Cr, a growth of 32% compared to the previous year. For the same year it recorded a net profit of ₹5.62 Cr (net margin 5%) and EBITDA of ₹9.1 Cr (EBITDA margin 8.2%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 16% over five years.

As per MCA filings, the company has open charges of ₹31.56 Cr and satisfied charges of ₹55 Lakh on record. The company has 1 deal on record (1 secondary share transfer); the latest was in November 2022. Its 4 peer companies in the Machinery and Equipment industry (Industrial Products Retail and Distribution, Pharma Retail and Distribution), with the same principal business activity (wholesale trading) are compared by revenue, 2 larger and 2 smaller; the largest is Morepen RX Limited with revenue of ₹112.79 Cr.

Tricon Enterprises Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-18-0039350). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tricon-enterprises-pvt-ltd.business.site.

Company details

CIN U51900MH1993PTC071971
Registration Number 071971
Incorporation Date 13 May 1993
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-MH-18-0039350
Key People
Rupesh Kesarikumar Choksi Managing Director Jayesh Pannalal Choksi Director Kilpa Rupesh Choksi Director

Recognitions & Rankings of Tricon Enterprises

MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-MH-18-0039350

Contact details

Tricon Enterprises Private Limited's registered office is in Mumbai, Maharashtra. Its website is tricon-enterprises-pvt-ltd.business.site. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    tricon-enterprises-pvt-ltd.business.site
  • Registered Address
    37 Kamala Bhuvan – II S. Nityanand, Marg Mumbai Suburban, Maharashtra, India – 400069
  • Industry
    Pharma, Pharmaceutical Retailers & Distributors

To see the full contact details of Tricon Enterprises Private Limited, buy the company report.

Comprehensive company report
Tricon Enterprises Private 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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Business activity

The main business activity of Tricon Enterprises is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Tricon Enterprises Private Limited, buy the company report.

Financials of Tricon Enterprises Private Limited

FY 2024 filings available

Tricon Enterprises Private Limited reported revenue of ₹111.48 Cr (up 32% YoY) for FY 2025.

Revenue · FY 2025
₹111.48 Cr ▲ 32%
Net profit · FY 2025
₹5.62 Cr margin 5%
EBITDA · FY 2025
₹9.1 Cr margin 8.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 32%
3 years · compounded
▲ 20%
5 years · compounded
▲ 16%
EBITDA CAGR growth
1 year
▲ 49%
3 years · compounded
▲ 20%
5 years · compounded
▲ 19%

Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 32% growth in the latest year. EBITDA rose 49% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹9.1 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹5.62 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin8.2%
Net Profit Margin5%
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 Tricon Enterprises Private Limited, buy the company report.

Board of directors of Tricon Enterprises Private Limited

Tricon Enterprises has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Jayesh Pannalal Choksi
Also directs: Motif Hotels LLP, Gufic Biosciences Limited, Gufic Chem Private Limited and 5 more
Director13 May 199333 Years 5 MonthsCurrent
Rupesh Kesarikumar ChoksiManaging Director13 May 199333 Years 5 MonthsCurrent
Kilpa Rupesh ChoksiDirector28 Nov 20223 Years 11 MonthsCurrent
Adit Rupesh ChoksiDirector28 Nov 20223 Years 11 MonthsCurrent
View all directors

Peer comparison

Tricon Enterprises Private Limited is compared with the 4 companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Retail and Distribution, Pharma Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Morepen RX Limited₹112.79 Cr (FY 2025)35.0%Nalagarh, Himachal Pradesh, India
Greenspecialities Private Limited₹111.67 Cr (FY 2024)68.0%Kochi, Kerala, India
Tricon Enterprises Private Limitedthis company₹111.48 Cr (FY 2025)₹5.62 Cr5%32.0%Mumbai, Maharashtra, India
FX Multitech Limited₹111.13 Cr (FY 2025)48.0%Ahmedabad, Gujarat, India
Recova Pharma Expo Private Limited₹110.65 Cr (FY 2025)85.0%New Delhi, Delhi, India

To see the full peer comparison of Tricon Enterprises Private Limited, buy the company report.

Auditor

Tricon Enterprises Private Limited is audited by A.M. SHAH & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
A.M. SHAH & ASSOCIATESFY 2023109480W

Shareholding

The shareholding of Tricon Enterprises 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Tricon Enterprises Private Limited, buy the company report.

Charges & borrowings

Open charges
₹31.56 Cr
Satisfied charges
₹55 Lakh
Breakdown by lending institutions
Others₹20.11 Cr
Citi Bank N.A.₹11.00 Cr
Axis Bank Limited₹0.30 Cr
The Sarasawat Co-Operative Bank Ltd.₹0.11 Cr
Sundram Finance Auto Finance Ltd.₹0.04 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
10 Jun 2025101117556Others₹20 CrOpen
04 Oct 2023100855254Others₹10.55 LakhOpen
31 Jan 2023100674134Axis Bank Limited₹30 LakhOpen
05 Jan 201210354553Citi Bank N.A.₹11 CrOpen
30 Apr 200290159096Sundram Finance Auto Finance Ltd.₹4.2 LakhOpen

To see the full charge records of Tricon Enterprises Private Limited, buy the company report.

Total charge records: 9 View all charges

Deals & funding

Tricon Enterprises Private Limited has 1 deal on record (1 secondary share transfer); the latest was in November 2022.

Total deals
1
Secondary share transfer
1

Deals on record (1 of 1)

WhenDealAmountParties
Nov 2022Secondary share transferUndisclosedBuyer: 3 individuals
Seller: 2 individuals

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Tricon Enterprises Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Tricon Enterprises has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAACT1676L1Z0MaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Tricon Enterprises Private Limited, buy the company report.

Recent activity

Tricon Enterprises Private Limited has 7 board changes on record since 1993: 4 appointments and 3 cessations. The latest: Adit Rupesh Choksi ceased to be Additional Director on 29 Sep 2023.

Charges
A charge with Others of Rs. 2,000.00 Lakh registered on 10 Jun 2025 with Charge ID 101117556 was modified on 18 Nov 2025.
Charges
A charge with Others amounted to Rs. 2,000.00 Lakh with Charge ID 101117556 was registered on 10 Jun 2025.
AGM
Tricon Enterprises Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Tricon Enterprises Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Others amounted to Rs. 10.55 Lakh with Charge ID 100855254 was registered on 04 Oct 2023.
Ceased
Adit Rupesh Choksi ceased to be Additional Director.
Ceased
Kilpa Rupesh Choksi ceased to be Additional Director.
Charges
A charge with Citi Bank N.A. of Rs. 1,100.00 Lakh registered on 05 Jan 2012 with Charge ID 10354553 was modified on 09 May 2023.
Charges
A charge with Axis Bank Limited amounted to Rs. 30.00 Lakh with Charge ID 100674134 was registered on 31 Jan 2023.
Appointed
Adit Rupesh Choksi was appointed as Director.
Appointed
Kilpa Rupesh Choksi was appointed as Director.
Ceased
Rupesh Kesarikumar Choksi ceased to be Director.

10 earlier events are in the company report.

Frequently asked questions

Tricon Enterprises is an active private limited company based in Mumbai, Maharashtra, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 13 May 1993 (33+ years old) and is registered under CIN U51900MH1993PTC071971.

Tricon Enterprises has 4 current directors:

The latest financial statements of Tricon Enterprises 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 Tricon Enterprises is 27AAACT1676L1Z0, registered in Maharashtra.

The CIN (Corporate Identification Number) of Tricon Enterprises is U51900MH1993PTC071971. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Tricon Enterprises was incorporated on 13 May 1993, making it 33+ years old. It is registered with the Registrar of Companies, Mumbai.

Tricon Enterprises has 1 deal on record (1 secondary share transfer); the latest was in November 2022.

The peers of Tricon Enterprises by revenue are Morepen RX Limited, Greenspecialities Private Limited, FX Multitech Limited, Recova Pharma Expo Private Limited, all in the Machinery and Equipment industry (Industrial Products Retail and Distribution, Pharma Retail and Distribution), with the same principal business activity (wholesale trading).

Adit Rupesh Choksi ceased to be Additional Director on 29 Sep 2023. Kilpa Rupesh Choksi ceased to be Additional Director on 29 Sep 2023. Adit Rupesh Choksi was appointed as Director on 28 Nov 2022. Tricon Enterprises has 7 board changes on record in total.

Yes, Tricon Enterprises is registered as an MSME under Udyam registration (number: UDYAM-MH-18-0039350).

Tricon Enterprises can be reached through the website tricon-enterprises-pvt-ltd.business.site. Its registered office is in Mumbai, Maharashtra, India.