About Triumph Composites Private Limited
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Triumph Composites Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 28 September 1987 and has been in existence for over 39 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U23102MH1987PTC044811. Its GSTIN is 27AAACT1407F1ZS (Maharashtra).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹24.98 Lakh. It is led by directors Dipesh Mohanlal Pachori and Vishal Bhailal Shah.
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 211 – Marol Bhavan Marol Co – Op Ind. Estate M.V Road Marol Andheri (E), Mumbai, Maharashtra, India – 400080.
As per the financials filed for FY 2024, the company reported a revenue of ₹26.1 Lakh, a decline of 70% compared to the previous year. For the same year it recorded a net profit of ₹14.24 Lakh (net margin 54.5%) and EBITDA of ₹21.1 Lakh (EBITDA margin 80.8%). Revenue has declined at a compounded annual rate (CAGR) of 63% over three years and 46% over five years.
The company has about 11 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹21.98 Lakh and satisfied charges of ₹32.5 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website artekchemicals.com.
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- Registered Address211 – Marol Bhavan Marol Co – Op Ind. Estate M.V Road Marol Andheri (E), Mumbai, Maharashtra, India – 400080
- IndustryChemicals and Materials, Industrial Chemicals
- 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
- One PDF report, delivered after checkout
Financials of Triumph Composites Private Limited FY 2024 filings available
Triumph Composites Private Limited reported revenue of ₹26.1 Lakh (down 70% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Triumph Composites Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 46% over five years, including a 70% fall in the latest year. EBITDA fell 63% 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 of Triumph Composites Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 | ₹21.1 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹14.24 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 of Triumph Composites Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 80.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 54.5% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Triumph Composites are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Triumph Composites Private Limited
Triumph Composites has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dipesh Mohanlal Pachori Also directs: Praana Corporation Private Limited, Sterling Vinnyl Additives Private Limited, Sterling Auxiliaries Pvt Ltd and 2 more | Director | 07 Jun 2021 | 5 Years 4 Months | Current |
| Vishal Bhailal Shah Also directs: Haute Chef Private Limited, Praana Corporation Private Limited, Sterling Vinnyl Additives Private Limited and 5 more | Director | 15 Jan 2025 | 1 Years 8 Months | Current |
Charges & Borrowings of Triumph Composites Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Nov 1994 | The Saraswat Co-Op Bank Ltd | ₹5 Lakh | Open |
| 19 Nov 1993 | Thesarwat Co-Op Bank Ltd | ₹4.6 Lakh | Open |
| 02 Mar 1989 | Thestaraswat Co-Op Bankltd | ₹2.75 Lakh | Open |
| 07 Jul 1988 | The Saraswat Co-Op Bank Ltd | ₹4 Lakh | Open |
| 26 Feb 1988 | Thestaraswat Co-Op Bankltd | ₹5.63 Lakh | Open |
Total charge records: 7 View all charges
Employees and EPFO Compliance at Triumph Composites Private Limited
Employment history and EPFO contributions of people linked to Triumph Composites.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Triumph Composites Private Limited
Triumph Composites has one previous CIN (Corporate Identification Number): U24100MH1987PTC044811. The current CIN is U23102MH1987PTC044811, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U23102MH1987PTC044811 | Current |
| U24100MH1987PTC044811 | Previous |
Recent Activity on Triumph Composites Private Limited
Triumph Composites Private Limited has 9 board changes on record since 2012: 2 appointments and 7 cessations. The latest: Adesh Kumar Daga ceased to be Additional Director on 29 Jan 2025.
11 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Triumph Composites Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Triumph Composites Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Triumph Composites Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Triumph Composites Private Limited
Triumph Composites has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACT1407F1ZS | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Triumph Composites Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Triumph Composites Private Limited
Triumph Composites 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 28 September 1987 (39+ years old) and is registered under CIN U23102MH1987PTC044811.
Triumph Composites reported revenue of ₹26.1 Lakh for FY 2024 (down 70% YoY).
Triumph Composites has 2 current directors:
- Dipesh Mohanlal Pachori - Director
- Vishal Bhailal Shah - Director
Triumph Composites reported a net profit of ₹14.24 Lakh (net margin 54.5%) and EBITDA of ₹21.1 Lakh (EBITDA margin 80.8%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Triumph Composites is -63% over three years and -46% over five years. In the latest year (FY 2024) revenue fell 70%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Triumph Composites is 27AAACT1407F1ZS, registered in Maharashtra.
The CIN (Corporate Identification Number) of Triumph Composites is U23102MH1987PTC044811. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Triumph Composites was incorporated on 28 September 1987, making it 39+ years old. It is registered with the Registrar of Companies, Mumbai.
Adesh Kumar Daga ceased to be Additional Director on 29 Jan 2025. Vishal Bhailal Shah ceased to be Additional Director on 29 Jan 2025. Vishal Bhailal Shah was appointed as Director on 15 Jan 2025. Triumph Composites has 9 board changes on record in total.
Triumph Composites can be reached through the website artekchemicals.com. Its registered office is in Mumbai, Maharashtra, India.