Triology Solutions Private Limited

Triology Solutions Private Limited - e-commerce in Thane, Maharashtra, India. FY 2026 financials & compliance.
CIN U90009MH2017PTC294630 Incorporated 03 May 2017 ROC Mumbai HQ Thane, Maharashtra, India
Active Private Limited Company e-commerce MSME · Small
Data last updated
Revenue · FY 2024
₹12.54 Cr
▼ 34% YoY
Net profit · FY 2024
₹31.81 Lakh
Net margin 2.5%
EBITDA · FY 2024
₹63.67 Lakh
EBITDA margin 5.1%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1.05 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings
Active GSTINs
7
of 16 registered

About Triology Solutions Private Limited

Data last updated:

Triology Solutions Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the online cosmetics retail segment of the e-commerce sector. It was incorporated on 03 May 2017 and has been in existence for over 9 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U90009MH2017PTC294630. Its GSTIN is 27AAGCT2453H1ZA (Maharashtra). The company holds 16 GST registrations, of which 7 are active.

The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.05 Lakh. It is led by directors Vishal Hemant Lohia and Ronak Vishnu Bagadia.

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 Thane, Maharashtra.

As per the financials filed for FY 2024, the company reported a revenue of ₹12.54 Cr, a decline of 34% compared to the previous year. For the same year it recorded a net profit of ₹31.81 Lakh (net margin 2.5%) and EBITDA of ₹63.67 Lakh (EBITDA margin 5.1%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 80% over five years.

The company is associated with 1 brand: Muuchstac. Court records list 3 cases involving the company, including 3 filed by the company; 1 case is pending. The company has 2 deals on record (1 secondary share transfer, 1 acquisition); the latest was in November 2025.

Triology Solutions Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0255279). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website muuchstac.com.

Company details

CIN U90009MH2017PTC294630
Registration Number 294630
Incorporation Date 03 May 2017
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 Small
Udyam Registration UDYAM-MH-33-0255279
Key People
Vishal Hemant Lohia Director Ronak Vishnu Bagadia Director

Recognitions & Rankings of Triology Solutions

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-MH-33-0255279

Contact details

Triology Solutions Private Limited's registered office is in Thane, Maharashtra. Its website is muuchstac.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    muuchstac.com
  • Registered Address
    Shop No. D3 Ground Floor Kasturi Vandana Complex, Opp. Navghar Phatak Road, Thane, Maharashtra, India – 401105
  • Industry
    E-Commerce, Online Cosmetics Retail

To see the full contact details of Triology Solutions Private Limited, buy the company report.

Comprehensive company report
Triology Solutions 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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Brands

Triology Solutions operates one associated brand: Muuchstac. Each brand links to its own profile.

BrandDescriptionWebsite
Muuchstac
Muuchstac operates a direct-to-consumer brand specializing in natural men's grooming products.muuchstac.com

Business activity

The main business activity of Triology Solutions is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC6Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products

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

Financials of Triology Solutions Private Limited

FY 2024 filings available

Triology Solutions Private Limited reported revenue of ₹12.54 Cr (down 34% YoY) for FY 2024.

Revenue · FY 2024
₹12.54 Cr ▼ 34%
Net profit · FY 2024
₹31.81 Lakh margin 2.5%
EBITDA · FY 2024
₹63.67 Lakh margin 5.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 34%
3 years · compounded
▲ 27%
5 years · compounded
▲ 80%
EBITDA CAGR growth
1 year
▼ 34%
3 years · compounded
▲ 17%
5 years · compounded
▲ 57%

Revenue fell 34% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 80%. EBITDA fell 34% 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹63.67 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹31.81 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin5.1%
Net Profit Margin2.5%
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 Triology Solutions Private Limited, buy the company report.

Board of directors of Triology Solutions Private Limited

Triology Solutions has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Vishal Hemant Lohia
Also directs: Fbe Solutions Private Limited, Triology Brands Private Limited
Director03 May 20179 Years 6 MonthsCurrent
Ronak Vishnu Bagadia
Also directs: Fbe Solutions Private Limited, Triology Brands Private Limited, Kangiten Agroscience LLP
Director03 May 20179 Years 6 MonthsCurrent
View all directors

Auditor

Triology Solutions Private Limited is audited by SUDHIR KEDIA & CO for the financial year 2023.

Auditor firmFinancial yearFirm registration number
SUDHIR KEDIA & COFY 2023116063W

Shareholding

The shareholding of Triology Solutions 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 Triology Solutions Private Limited, buy the company report.

Deals & funding

Triology Solutions Private Limited has 2 deals on record (1 secondary share transfer, 1 acquisition); the latest was in November 2025.

Total deals
2
Secondary share transfer
1
Acquisition
1

Deals on record (2 of 2)

WhenDealAmountParties
Nov 2025Acquisition₹450 CrBuyer: Godrej Consumer Products Limited
Seller: Triology Solutions Private Limited
Mar 2020Secondary share transferUndisclosedBuyer: 2 individuals
Seller: an individual

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 Triology Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Triology Solutions has 16 GST registrations: 7 active and 9 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
16
Active
7
Cancelled / inactive
9
GSTINStateStatusRegistered on
27AAGCT2453H1ZAMaharashtraActive05 Jul 2017
19AAGCT2453H1Z7West BengalActive16 Aug 2019
06AAGCT2453H1ZEHaryanaActive26 Aug 2019
29AAGCT2453H1Z6KarnatakaActive26 Aug 2019

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

Recent activity

Triology Solutions Private Limited has 3 board changes on record since 2017: 2 appointments and 1 cessation. The latest: Jagdishbhai Narsibhai Bhanderi ceased to be Director on 02 Dec 2018.

AGM
Triology Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Triology Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Ceased
Jagdishbhai Narsibhai Bhanderi ceased to be Director.
Appointed
Ronak Vishnu Bagadia was appointed as Director.
Appointed
Vishal Hemant Lohia was appointed as Director.
Incorporation
03 May 2017
Triology Solutions Private Limited was registered on 03 May 2017 with Roc Mumbai & aged 9 years 6 months as per MCA records.

News

Frequently asked questions

Triology Solutions is an active private limited company based in Thane, Maharashtra, India. The company works in online cosmetics retail, within the e-commerce industry. It was incorporated on 03 May 2017 (9+ years old) and is registered under CIN U90009MH2017PTC294630.

Triology Solutions has 2 current directors:

The latest financial statements of Triology Solutions 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 FY 2018 are in the company report.

The GSTIN of Triology Solutions is 27AAGCT2453H1ZA, registered in Maharashtra. The company has 16 GST registrations in all, of which 7 are active and 9 are cancelled or inactive. Other active GSTINs include 19AAGCT2453H1Z7 (West Bengal), 06AAGCT2453H1ZE (Haryana), 29AAGCT2453H1Z6 (Karnataka).

The CIN (Corporate Identification Number) of Triology Solutions is U90009MH2017PTC294630. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Triology Solutions has 3 court cases on record: 3 filed by the company. 1 is pending.

Triology Solutions was incorporated on 03 May 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.

Triology Solutions has 2 deals on record (1 secondary share transfer, 1 acquisition); the latest was in November 2025.

Jagdishbhai Narsibhai Bhanderi ceased to be Director on 02 Dec 2018. Ronak Vishnu Bagadia was appointed as Director on 03 May 2017. Vishal Hemant Lohia was appointed as Director on 03 May 2017.

Yes, Triology Solutions is registered as a small enterprise under Udyam registration (number: UDYAM-MH-33-0255279).