Tristar Intermediates Private Limited

Tristar Intermediates Private Limited - chemicals and materials in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U24231MH1997PTC410875 Incorporated 01 September 1997 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company chemicals and materials MSME · Medium
Data last updated
Revenue · FY 2026
₹292.6 Cr
▲ 12% YoY
Net profit · FY 2026
₹11.45 Cr
Net margin 3.9%
EBITDA · FY 2026
₹21.01 Cr
EBITDA margin 7.2%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹93 Lakh
Issued & subscribed
Open charges
₹40 Cr
Satisfied ₹26.17 Cr
Company age
29 yrs
Est. 1997
Employees · EPFO
91
Provident fund records

About Tristar Intermediates Private Limited

Data last updated:

Tristar Intermediates Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Rossari Biotech Limited. It operates in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 01 September 1997 and has been in existence for over 29 years.

Its director Edward Menezes and family are #1,482 among India's richest people (2026). Its director Sunil Chari and family are #1,482 among India's richest people (2026).

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24231MH1997PTC410875. Its GSTIN is 27AAACT8926D1ZA (Maharashtra). The company holds 2 GST registrations, all of them active.

The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹93 Lakh. It is led by directors including Sanjay Ramakrishna Marballi (Whole-Time Director) and Sunil Srinivasan Chari.

Its last annual general meeting (AGM) was held on 19 June 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Mumbai, Maharashtra.

As per the financials filed for FY 2026, the company reported a revenue of ₹292.6 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹11.45 Cr (net margin 3.9%) and EBITDA of ₹21.01 Cr (EBITDA margin 7.2%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 21% over five years.

The company has about 91 employees on its provident fund (EPFO) records.

The company is associated with 2 brands: Rossari Biotech and Tristar Intermediates. As per MCA filings, the company has open charges of ₹40 Cr and satisfied charges of ₹26.17 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company. The company has 4 deals on record (3 secondary share transfers, 1 rights issue); the latest was in March 2024. Its 9 peer companies in the Chemicals industry (Specialty Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 5 larger and 4 smaller; the largest is Melzer Chemicals Private Limited with revenue of ₹266.09 Cr. The company has 11 MSME Form 1 returns on record between 2021 and 2024, listing 1,285 overdue payments to 43 micro and small suppliers.

Tristar Intermediates Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-25-0002505). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tristarintermediates.org.

Company details

CIN U24231MH1997PTC410875
Registration Number 410875
Incorporation Date 01 September 1997
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 19 June 2026
Date of Balance Sheet 31 March 2026
Parent Company Rossari Biotech Limited
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-25-0002505

CIN history

Tristar Intermediates has one previous CIN (Corporate Identification Number): U24231GJ1997PTC032927. The current CIN is U24231MH1997PTC410875, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U24231MH1997PTC410875Current
U24231GJ1997PTC032927Previous
Key People
Sanjay Ramakrishna Marballi Whole-Time Director Sunil Srinivasan Chari Director Mikhail Menezes Director

Recognitions & Rankings of Tristar Intermediates

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-GJ-25-0002505

Contact details

Tristar Intermediates Private Limited's registered office is in Mumbai, Maharashtra. Its website is tristarintermediates.org. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    tristarintermediates.org
  • Social Media
  • Registered Address
    Rossari House Golden Oak Lbs Marg Surya Nagar, Opp. Mahindra Showroom Vikhroli (West), Mumbai, Maharashtra, India – 400079
  • Industry
    Chemicals and Materials, Industrial Chemicals

To see the full contact details of Tristar Intermediates Private Limited, buy the company report.

Comprehensive company report
Tristar Intermediates 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

Tristar Intermediates operates two associated brands: Rossari Biotech and Tristar Intermediates. Each brand links to its own profile.

BrandDescriptionWebsite
Rossari Biotech
Manufacturer of textile and specialty chemicals for diverse industries and animal health nutrition productsrossari.com
Tristar Intermediates
Perfumery and specialty chemicals are manufactured and supplied.tristarintermediates.org

Business activity

The main business activity of Tristar Intermediates 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 Tristar Intermediates Private Limited, buy the company report.

Financials of Tristar Intermediates Private Limited

FY 2026 filings available

Tristar Intermediates Private Limited reported revenue of ₹292.6 Cr (up 12% YoY) for FY 2026.

Revenue · FY 2026
₹292.6 Cr ▲ 12%
Net profit · FY 2026
₹11.45 Cr margin 3.9%
EBITDA · FY 2026
₹21.01 Cr margin 7.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 12%
3 years · compounded
▲ 12%
5 years · compounded
▲ 21%
EBITDA CAGR growth
1 year
▼ 9%
3 years · compounded
▲ 5%
5 years · compounded
▲ 4%

Revenue has grown at a compounded annual rate (CAGR) of 21% over five years, including 12% growth in the latest year. EBITDA fell 9% 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 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
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₹21.01 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹11.45 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 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Profitability
EBITDA Margin7.2%
Net Profit Margin3.9%
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 Tristar Intermediates Private Limited, buy the company report.

Board of directors of Tristar Intermediates Private Limited

Tristar Intermediates has 6 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Sanjay Ramakrishna MarballiWhole-Time Director01 Sep 199729 Years 2 MonthsCurrent
Sunil Srinivasan Chari
Also directs: Sunjyot Properties LLP, Rossari Biotech Limited, Rossari Biotech (India) Private Limited and 5 more
Director01 Sep 20215 Years 2 MonthsCurrent
Mikhail Menezes
Also directs: Unitop Chemicals Private Limited, Rossari Consumer Products Private Limited, Buzil Rossari Private Limited and 2 more
Director01 Sep 20215 Years 2 MonthsCurrent
Yash Sunil Chari
Also directs: Sunjyot Properties LLP, Unitop Chemicals Private Limited, Rossari Consumer Products Private Limited and 2 more
Director01 Sep 20215 Years 2 MonthsCurrent
Edward Walter Menezes
Also directs: Rossari Biotech Limited, Rossari Biotech (India) Private Limited, Unitop Chemicals Private Limited and 5 more
Director01 Sep 20215 Years 2 MonthsCurrent
Gurudas Vishwas Aras
Also directs: Rossari Biotech Limited, Unitop Chemicals Private Limited, Romakk Chemicals Private Limited and 2 more
Director22 Nov 20214 Years 11 MonthsCurrent
View all directors

Peer comparison

Tristar Intermediates Private Limited is compared with the 9 companies closest to it by revenue in the Chemicals industry (Specialty Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Tristar Intermediates Private Limitedthis company₹292.6 Cr (FY 2026)₹11.45 Cr3.9%12.0%91Mumbai, Maharashtra, India
Melzer Chemicals Private Limited₹266.09 Cr (FY 2025)24.0%Pune, Maharashtra, India
Reagens India Polymer Additives Private Limited₹265.37 Cr (FY 2025)122.0%Vagra, Gujarat, India
Kairav Chemofarbe Industries Limited₹264.99 Cr (FY 2025)15.0%Mumbai, Maharashtra, India
Admark Polycoats Private Limited₹263.7 Cr (FY 2025)1.0%Vadodara, Gujarat, India
Gujarat Credo Alumina Chemicals Limited₹262.35 Cr (FY 2025)34.0%Ahmedabad, Gujarat, India
HP Adhesives Limited₹257.45 Cr (FY 2025)8.0%Mumbai, Maharashtra, India
Arcl Organics Limited₹252.95 Cr (FY 2025)31.0%Kolkata, West Bengal, India
Sap Oleochemicals Private Limited₹252.2 Cr (FY 2025)13.0%Daund, Maharashtra, India
Astra Chemtech Private Limited₹251.58 Cr (FY 2025)13.0%Mumbai, Maharashtra, India

To see the full peer comparison of Tristar Intermediates Private Limited, buy the company report.

Auditor

Tristar Intermediates Private Limited is audited by JMT & Associates for the financial year 2023.

Auditor firmFinancial yearFirm registration number
JMT & AssociatesFY 2023104167W

Shareholding

The shareholding of Tristar Intermediates 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 Tristar Intermediates Private Limited, buy the company report.

Charges & borrowings

Open charges
₹40 Cr
Satisfied charges
₹26.17 Cr
Breakdown by lending institutions
Axis Bank Limited₹40.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
17 Nov 2021100506947Axis Bank Limited₹40 CrOpen
07 Nov 201210389777State Bank of India₹50 LakhSatisfied
31 Jul 199880056030State Bank of India₹25.67 CrSatisfied

To see the full charge records of Tristar Intermediates Private Limited, buy the company report.

Total charge records: 3 View all charges

Deals & funding

Tristar Intermediates Private Limited has 4 deals on record (3 secondary share transfers, 1 rights issue); the latest was in March 2024.

Total deals
4
Secondary share transfers
3
Rights issue
1

Deals on record (4 of 4)

WhenDealAmountParties
Mar 2024Secondary share transferUndisclosedBuyer: Rossari Biotech Limited
Seller: 4 individuals
Mar 2023Secondary share transferUndisclosedBuyer: Rossari Biotech Limited
Seller: 4 individuals
Mar 2022Secondary share transferUndisclosedBuyer: Rossari Biotech Limited
Seller: 4 individuals
Jan 2018Rights issue₹45 LakhInvestors: 4 individuals

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

MSME payment delays

Tristar Intermediates Private Limited has 11 MSME Form 1 returns on record between 2021 and 2024, listing 1,285 overdue payments to 43 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 43)

SupplierAmount dueDue sinceReported on
an individual supplier
Point Technovation Private Limited
Jalaram Transport
an individual supplier
an individual supplier

To see the full MSME payment records of Tristar Intermediates Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Tristar Intermediates Private Limited has a workforce of 91 employees on its EPFO records as of Mar 23, 2024, across 1 active EPFO establishment.

Employee count
91
Active EPFO establishments
1
Employee growth
-19.47%

GST

Tristar Intermediates has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
27AAACT8926D1ZAMaharashtraActive01 Dec 2017
24AAACT8926D1ZGGujaratActive01 Jul 2017

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

Recent activity

Tristar Intermediates Private Limited has 15 board changes on record since 1997: 6 appointments and 9 cessations. The latest: Gurudas Vishwas Aras ceased to be Additional Director on 08 Jul 2022.

AGM
Tristar Intermediates Private Limited last Annual general meeting of members was held on 19 Jun 2026 as per latest MCA records.
Filing
Tristar Intermediates Private Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Mumbai I.
Charges
A charge registered on 31 Jul 1998 via Charge ID 80056030 with State Bank Of India was fully satisfied on 09 Sep 2022.
Ceased
Gurudas Vishwas Aras ceased to be Additional Director.
Ceased
Meher Bruno Castelino ceased to be Additional Director.
Charges
A charge with Axis Bank Limited of Rs. 40.00 Cr registered on 17 Nov 2021 with Charge ID 100506947 was modified on 13 Jun 2022.
Appointed
Gurudas Vishwas Aras was appointed as Director.
Charges
A charge with Axis Bank Limited amounted to Rs. 40.00 Cr with Charge ID 100506947 was registered on 17 Nov 2021.
Ceased
Edward Walter Menezes ceased to be Additional Director.
Ceased
Mikhail Menezes ceased to be Additional Director.
Ceased
Sunil Srinivasan Chari ceased to be Additional Director.
Ceased
Yash Sunil Chari ceased to be Additional Director.

13 earlier events are in the company report.

Frequently asked questions

Tristar Intermediates is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial chemicals, within the chemicals and materials industry. It was incorporated on 01 September 1997 (29+ years old) and is registered under CIN U24231MH1997PTC410875.

Tristar Intermediates has 6 current directors:

The latest financial statements of Tristar Intermediates on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 19 June 2026. Year-wise statements from 2015 are in the company report.

The GSTIN of Tristar Intermediates is 27AAACT8926D1ZA, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AAACT8926D1ZG (Gujarat).

The CIN (Corporate Identification Number) of Tristar Intermediates is U24231MH1997PTC410875. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Tristar Intermediates has 3 court cases on record: 3 filed by the company. Most are in the high courts.

Tristar Intermediates was incorporated on 01 September 1997, making it 29+ years old. It is registered with the Registrar of Companies, Mumbai.

Tristar Intermediates has 4 deals on record (3 secondary share transfers, 1 rights issue); the latest was in March 2024.

The peers of Tristar Intermediates by revenue are Melzer Chemicals Private Limited, Reagens India Polymer Additives Private Limited, Kairav Chemofarbe Industries Limited, Admark Polycoats Private Limited, Gujarat Credo Alumina Chemicals Limited and 4 more, all in the Chemicals industry (Specialty Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).

Gurudas Vishwas Aras ceased to be Additional Director on 08 Jul 2022. Meher Bruno Castelino ceased to be Additional Director on 08 Jul 2022. Gurudas Vishwas Aras was appointed as Director on 22 Nov 2021. Tristar Intermediates has 15 board changes on record in total.

Yes, Tristar Intermediates is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-25-0002505).

Tristar Intermediates has 11 MSME Form 1 returns on record between 2021 and 2024, listing 1,285 overdue payments to 43 micro and small suppliers. The latest return was filed on 25 Apr 2024.