Truevalue Concrete Products Limited
About Truevalue Concrete Products Limited
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Truevalue Concrete Products Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the construction materials distribution segment of the metals and mining sector. It was incorporated on 13 February 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U14292MH2014PLC253247. Its GSTIN is 33AAECT9291K1ZU (Tamil Nadu).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹82.5 Lakh. It is led by directors including Shikha Ankit Choudhary and Pratik Rajendrakumar Choudhary.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.66 Cr, a decline of 71% compared to the previous year. For the same year it recorded a net profit of ₹6.21 Lakh (net margin 2.3%) and EBITDA of ₹20.01 Lakh (EBITDA margin 7.5%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years and 1% over five years.
The company has about 6 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: True Value Hardware. As per MCA filings, the company has open charges of ₹12 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Truevalue Concrete Products Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address72 Juhu S Cen Jvpd Scheme, Gulmohar Cross Road No 9 Andheri, Mumbai, Maharashtra, India – 400049
- IndustryMetals and Minerals, Construction Materials Retail & Distribution, Mining & Mineral Extraction
To see the full contact details of Truevalue Concrete Products 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
Brands
Truevalue Concrete Products operates one associated brand: True Value Hardware. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| True Value Hardware is engaged in retailing hardware and home improvement products. | truevalue.com |
Business activity
The main business activity of Truevalue Concrete Products 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 Truevalue Concrete Products Limited, buy the company report.
Financials of Truevalue Concrete Products Limited
FY 2025 filings availableTruevalue Concrete Products Limited reported revenue of ₹2.66 Cr (down 71% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 1% over five years, including a 71% fall in the latest year. EBITDA rose 16% 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 |
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| EBITDA | ₹20.01 Lakh | ||||
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| Net Profit (PAT) | ₹6.21 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 7.5% | ||||
| Net Profit Margin | 2.3% | ||||
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To see the full financial statements and ratios of Truevalue Concrete Products Limited, buy the company report.
Board of directors of Truevalue Concrete Products Limited
Truevalue Concrete Products has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shikha Ankit Choudhary Also directs: Truevalue Toys LLP, Shikha Realty Investors (India) Private Limited, S & S Truevalue LLP and 1 more | Director | 30 Dec 2023 | 2 Years 9 Months | Current |
| Pratik Rajendrakumar Choudhary Also directs: Truevalue Toys LLP, RK Truevalue LLP, Sanmit Truevalue Infraprojects Private Limited and 2 more | Director | 20 Feb 2019 | 7 Years 8 Months | Current |
| Shantidevi Gourishankar Hansaria | Director | 30 Dec 2023 | 2 Years 9 Months | Current |
Peer comparison
Truevalue Concrete Products Limited is compared with the 3 companies closest to it by revenue in the Metals and Minerals industry (Construction Materials Retail and Distribution, Mining), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Radhika Casting Private Limited | ₹2.66 Cr (FY 2024) | 1.0% | Kanpur, Uttar Pradesh, India | |||
| Truevalue Concrete Products Limitedthis company | ₹2.66 Cr (FY 2024) | ₹6.21 Lakh | 2.3% | -71.0% | 6 | Mumbai, Maharashtra, India |
| Granito India Infra Private Limited | ₹2.65 Cr (FY 2025) | -22.0% | Kota, Rajasthan, India | |||
| R M R Marmo Private Limited | ₹2.65 Cr (FY 2025) | -13.0% | New Delhi, Delhi, India |
To see the full peer comparison of Truevalue Concrete Products Limited, buy the company report.
Auditor
Truevalue Concrete Products Limited is audited by BHANDARI S A A J & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BHANDARI S A A J & ASSOCIATES | FY 2022 | 121004 |
Shareholding
The shareholding of Truevalue Concrete Products 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 Truevalue Concrete Products Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 May 2025 | 101108604 | Others | ₹6 Cr | Open | |
| 25 Mar 2025 | 101070604 | Others | ₹6 Cr | Open |
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Truevalue Concrete Products 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 Truevalue Concrete Products Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Truevalue Concrete Products Limited has a workforce of 6 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Truevalue Concrete Products has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAECT9291K1ZU | Tamil Nadu | Active | 21 Nov 2017 |
To see the full GST registrations and return filing status of Truevalue Concrete Products Limited, buy the company report.
Recent activity
Truevalue Concrete Products Limited has 7 board changes on record since 2016: 3 appointments and 4 cessations. The latest: Ramesh Kumar Saraogi ceased to be Director on 08 Jan 2024.
News
Frequently asked questions
Truevalue Concrete Products is an active public limited company based in Mumbai, Maharashtra, India. The company works in construction materials retail and distribution, within the metals and minerals industry. It was incorporated on 13 February 2014 (12+ years old) and is registered under CIN U14292MH2014PLC253247.
Truevalue Concrete Products has 3 current directors:
- Shikha Ankit Choudhary - Director
- Pratik Rajendrakumar Choudhary - Director
- Shantidevi Gourishankar Hansaria - Director
The latest financial statements of Truevalue Concrete Products 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 Truevalue Concrete Products is 33AAECT9291K1ZU, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Truevalue Concrete Products is U14292MH2014PLC253247. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Truevalue Concrete Products was incorporated on 13 February 2014, making it 12+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Truevalue Concrete Products by revenue are Radhika Casting Private Limited, Granito India Infra Private Limited, R M R Marmo Private Limited, all in the Metals and Minerals industry (Construction Materials Retail and Distribution, Mining), with the same principal business activity (retail trading).
Ramesh Kumar Saraogi ceased to be Director on 08 Jan 2024. Shantidevi Gourishankar Hansaria was appointed as Director on 30 Dec 2023. Shikha Ankit Choudhary was appointed as Director on 30 Dec 2023. Truevalue Concrete Products has 7 board changes on record in total.
The registered office of Truevalue Concrete Products is at 72 Juhu S Cen Jvpd Scheme, Gulmohar Cross Road No 9 Andheri, Mumbai, Maharashtra, India – 400049.
Truevalue Concrete Products operates in the metals and minerals industry, in the construction materials retail and distribution segment.
Truevalue Concrete Products has open charges of ₹12 Cr and no satisfied charges on record as per latest MCA filings.