MSME (Udyam registered) Ministry of MSME
- Category
- Small (2023-24)
- Udyam number
- UDYAM-KL-02-0000714
Tropical Bath Solutions Private Limited - metals and minerals in Kochi, Kerala, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹35.63 Cr
▲ 1% YoY
Net profit · FY 2024
₹54.61 Lakh
Net margin 1.5%
EBITDA · FY 2024
₹1.3 Cr
EBITDA margin 3.6%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹13.75 Cr
Secured borrowings
Company age
15 yrs
Est. 2011
Employees · EPFO
9
Provident fund records
About Tropical Bath Solutions Private Limited
Data last updated:
Tropical Bath Solutions Private Limited is a private limited company based in Kochi, Kerala, India. It operates in the construction materials distribution segment of the metals and mining sector. It was incorporated on 19 January 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U52100KL2011PTC027459. Its GSTIN is 32AADCT7217L1Z9 (Kerala).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Althaf Naina (Managing Director) and Naseem Zulfiqab (Whole-Time Director).
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 34/136 – A Florence N.H. Bye Pass Road Edappally, Kochi, Kerala, India – 682024.
As per the financials filed for FY 2024, the company reported a revenue of ₹35.63 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹54.61 Lakh (net margin 1.5%) and EBITDA of ₹1.3 Cr (EBITDA margin 3.6%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 10% over five years.
The company has about 9 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Tropical. As per MCA filings, the company has open charges of ₹13.75 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
Tropical Bath Solutions Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-02-0000714). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tropicaltiles.com.
Company details
CIN U52100KL2011PTC027459
Registration Number 027459
Incorporation Date 19 January 2011
ROC Ernakulam
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-KL-02-0000714
Recognitions & Rankings of Tropical Bath Solutions
Contact details
Tropical Bath Solutions Private Limited's registered office is in Kochi, Kerala. Its website is tropicaltiles.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address34/136 – A Florence N.H. Bye Pass Road Edappally, Kochi, Kerala, India – 682024
- IndustryMetals and Minerals, Construction Materials Retail & Distribution
To see the full contact details of Tropical Bath Solutions Private Limited, buy the company report.
Comprehensive company report
Tropical Bath 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Tropical Bath Solutions operates one associated brand: TROPICAL. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Sells tiles, sanitaryware, bathroom fittings, kitchen accessories, and surfaces for homes. | tropicaltiles.com |
Business activity
The main business activity of Tropical Bath Solutions is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Tropical Bath Solutions Private Limited, buy the company report.
Financials of Tropical Bath Solutions Private Limited
FY 2024 filings availableTropical Bath Solutions Private Limited reported revenue of ₹35.63 Cr (up 1% YoY) for FY 2024.
Revenue · FY 2024
₹35.63 Cr ▲ 1%
Net profit · FY 2024
₹54.61 Lakh margin 1.5%
EBITDA · FY 2024
₹1.3 Cr margin 3.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 1%
3 years · compounded
▲ 15%
5 years · compounded
▲ 10%
EBITDA CAGR growth
1 year
▲ 34%
3 years · compounded
▲ 38%
5 years · compounded
▲ 7%
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 1% growth in the latest year. EBITDA rose 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
| 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 | ₹35.63 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.3 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹54.61 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.6% | ||||
| Net Profit Margin | 1.5% | ||||
| 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 Tropical Bath Solutions Private Limited, buy the company report.
Board of directors of Tropical Bath Solutions Private Limited
Tropical Bath Solutions has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Naseem Zulfiqab Also directs: Domus Distributors Private Limited | Whole-Time Director | 06 Jul 2016 | 10 Years 3 Months | Current |
| Althaf Naina Also directs: Domus Distributors Private Limited | Managing Director | 19 Jan 2011 | 15 Years 9 Months | Current |
Auditor
Tropical Bath Solutions Private Limited is audited by P.T.JOSEPH for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P.T.JOSEPH | FY 2024 | 022323 |
Shareholding
The shareholding of Tropical Bath Solutions Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Tropical Bath Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹13.75 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Jul 2025 | 101137084 | Axis Bank Limited | ₹8 Lakh | Open | |
| 29 Apr 2025 | 101111320 | Hdfc Bank Limited | ₹45 Lakh | Open | |
| 27 Feb 2025 | 101057201 | Axis Bank Limited | ₹4.5 Cr | Open | |
| 27 Jun 2023 | 100777829 | Hdfc Bank Limited | ₹20 Lakh | Open | |
| 07 Jan 2022 | 100548301 | Hdfc Bank Limited | ₹5.04 Lakh | Open |
To see the full charge records of Tropical Bath Solutions Private Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
Tropical Bath Solutions Private Limited has 1 court case on record: 1 filed by Tropical Bath Solutions. All case is disposed.
Total cases
1
Filed by the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Kerala | Writ petition | Filed by the company against HDFC Bank | Disposed |
To see the full case history of Tropical Bath Solutions Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Tropical Bath Solutions Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Tece India Private Limited |
To see the full MSME payment records of Tropical Bath Solutions Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Tropical Bath Solutions Private Limited has a workforce of 20 employees on its EPFO records as of Feb 24, 2025, across 1 active EPFO establishment.
Employee count
20
Active EPFO establishments
1
Employee growth
122.22%
GST
Tropical Bath Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AADCT7217L1Z9 | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Tropical Bath Solutions Private Limited, buy the company report.
Recent activity
Tropical Bath Solutions Private Limited has 3 board changes on record since 2011: 2 appointments and 1 cessation. The latest: Zulfiquar Ahmed ceased to be Whole-Time Director on 10 Jul 2016.
Charges
A charge with Axis Bank Limited of Rs. 450.00 Lakh registered on 27 Feb 2025 with Charge ID 101057201 was modified on 20 Nov 2025.
Charges
A charge with Axis Bank Limited amounted to Rs. 8.00 Lakh with Charge ID 101137084 was registered on 26 Jul 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 45.00 Lakh with Charge ID 101111320 was registered on 29 Apr 2025.
Charges
A charge with Axis Bank Limited amounted to Rs. 450.00 Lakh with Charge ID 101057201 was registered on 27 Feb 2025.
AGM
Tropical Bath Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited of Rs. 650.00 Lakh registered on 15 Feb 2020 with Charge ID 100336896 was modified on 30 May 2024.
Filing
Tropical Bath Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ernakulam.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 20.00 Lakh with Charge ID 100777829 was registered on 27 Jun 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 5.04 Lakh with Charge ID 100548301 was registered on 07 Jan 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 77.00 Lakh with Charge ID 100548305 was registered on 20 Dec 2021.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 650.00 Lakh with Charge ID 100336896 was registered on 15 Feb 2020.
Charges
A charge with Others of Rs. 119.50 Lakh registered on 29 Aug 2016 with Charge ID 100051553 was modified on 10 Apr 2019.
5 earlier events are in the company report.
Frequently asked questions
Tropical Bath Solutions is an active private limited company based in Kochi, Kerala, India. The company works in construction materials retail and distribution, within the metals and minerals industry. It was incorporated on 19 January 2011 (15+ years old) and is registered under CIN U52100KL2011PTC027459.
Tropical Bath Solutions has 2 current directors:
- Althaf Naina - Managing Director
- Naseem Zulfiqab - Whole-Time Director
The latest financial statements of Tropical Bath 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 2015 are in the company report.
The GSTIN of Tropical Bath Solutions is 32AADCT7217L1Z9, registered in Kerala.
The CIN (Corporate Identification Number) of Tropical Bath Solutions is U52100KL2011PTC027459. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tropical Bath Solutions has 1 court case on record: 1 filed by the company.
Tropical Bath Solutions was incorporated on 19 January 2011, making it 15+ years old. It is registered with the Registrar of Companies, Ernakulam.
Zulfiquar Ahmed ceased to be Whole-Time Director on 10 Jul 2016. Naseem Zulfiqab was appointed as Whole-Time Director on 06 Jul 2016. Althaf Naina was appointed as Managing Director on 19 Jan 2011.
Yes, Tropical Bath Solutions is registered as a small enterprise under Udyam registration (number: UDYAM-KL-02-0000714).
Tropical Bath Solutions has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 07 Jun 2019.
Tropical Bath Solutions can be reached through the website tropicaltiles.com. Its registered office is in Kochi, Kerala, India.