
Trident Mercantile Private Limited
About Trident Mercantile Private Limited
Data last updated:
Trident Mercantile Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the industrial machinery retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 03 August 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51900MH1990PTC057567. Its GSTIN is 27AAACT3330K1ZF (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹14.93 Lakh. It is led by directors Suresh Sitaram Sigtia (Whole-Time Director) and Sunilkumar Sanwalram More.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 3rd Floor Rustom Building 29 Veer Nariman Road Fort, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2025, the company reported a revenue of ₹12.04 Cr, a growth of 26% compared to the previous year. For the same year it recorded a net profit of ₹26.54 Lakh (net margin 2.2%) and EBITDA of ₹50.99 Lakh (EBITDA margin 4.2%). Revenue has grown at a compounded annual rate (CAGR) of 46% over three years and 9% over five years.
As per MCA filings, the company has open charges of ₹12 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Trident Mercantile Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address3rd Floor Rustom Building 29 Veer Nariman Road Fort, Mumbai, Maharashtra, India – 400001
- IndustryMachinery and Equipment, Industrial Machinery Retail & Distribution
To see the full contact details of Trident Mercantile 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
Business activity
The main business activity of Trident Mercantile is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale trade, except of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of Trident Mercantile Private Limited, buy the company report.
Financials of Trident Mercantile Private Limited
FY 2025 filings availableTrident Mercantile Private Limited reported revenue of ₹12.04 Cr (up 26% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 26% growth in the latest year. EBITDA rose 27% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | ₹50.99 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹26.54 Lakh | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.2% | ||||
| Net Profit Margin | 2.2% | ||||
| 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 Trident Mercantile Private Limited, buy the company report.
Board of directors of Trident Mercantile Private Limited
Trident Mercantile has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suresh Sitaram Sigtia Also directs: Bombay Oxygen Investments Limited | Whole-Time Director | 01 Oct 2005 | 21 Years 0 Months | Current |
| Sunilkumar Sanwalram More Also directs: Nishigandha Elastomers LLP, Nishigandha Polymers Private Limited, 2M Elastomers Private Limited and 5 more | Director | 21 Jul 2025 | 1 Years 3 Months | Current |
Auditor
Trident Mercantile Private Limited is audited by N.B. Prajapati & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N.B. Prajapati & Co. | FY 2023 | 151381W |
Shareholding
The shareholding of Trident Mercantile 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Trident Mercantile Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Aug 1999 | 90153632 | Central Bank of India | ₹10 Lakh | Open | |
| 02 Dec 1991 | 90152795 | Central Bank of India | ₹2 Lakh | Open |
To see the full charge records of Trident Mercantile Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Trident Mercantile 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 Trident Mercantile Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Trident Mercantile has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACT3330K1ZF | Maharashtra | Active | 01 Jul 2017 |
| 06AAACT3330K1ZJ | Haryana | Active | 04 Jan 2024 |
To see the full GST registrations and return filing status of Trident Mercantile Private Limited, buy the company report.
Recent activity
Trident Mercantile Private Limited has 6 board changes on record since 2005: 2 appointments and 4 cessations. The latest: Sunilkumar Sanwalram More ceased to be Additional Director on 29 Sep 2025.
Frequently asked questions
Trident Mercantile is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial machinery retail and distribution, within the machinery and equipment industry. It was incorporated on 03 August 1990 (36+ years old) and is registered under CIN U51900MH1990PTC057567.
Trident Mercantile has 2 current directors:
- Suresh Sitaram Sigtia - Whole-Time Director
- Sunilkumar Sanwalram More - Director
The latest financial statements of Trident Mercantile on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Trident Mercantile is 27AAACT3330K1ZF, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 06AAACT3330K1ZJ (Haryana).
The CIN (Corporate Identification Number) of Trident Mercantile is U51900MH1990PTC057567. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Trident Mercantile was incorporated on 03 August 1990, making it 36+ years old. It is registered with the Registrar of Companies, Mumbai.
Sunilkumar Sanwalram More ceased to be Additional Director on 29 Sep 2025. Sunilkumar Sanwalram More was appointed as Director on 21 Jul 2025. Mani Subaiya Iyer ceased to be Director on 26 Mar 2013. Trident Mercantile has 6 board changes on record in total.
The registered office of Trident Mercantile is at 3rd Floor Rustom Building 29 Veer Nariman Road Fort, Mumbai, Maharashtra, India – 400001.
Trident Mercantile operates in the machinery and equipment industry, in the industrial machinery retail and distribution segment.
Trident Mercantile has open charges of ₹12 Lakh and no satisfied charges on record as per latest MCA filings.