About TS Tech (Mandal) Private Limited
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TS Tech (Mandal) Private Limited is a foreign private limited company based in Ahmedabad, Gujarat, India, a subsidiary of Ts Tech Co. Ltd. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 13 June 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U34200GJ2014FTC079793. Its GSTIN is 24AAFCT0356A1ZX (Gujarat).
The company has an authorised share capital of ₹61 Cr and a paid-up capital of ₹61 Cr. It is led by directors including Yuji Atsumi (Managing Director) and Shalini Kumar.
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 Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹96.98 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹11.35 Cr (net margin 11.7%) and EBITDA of ₹18.75 Cr (EBITDA margin 19.3%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 7% over five years.
The company has about 33 employees on its provident fund (EPFO) records.
Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 2 cases are pending. The company has 1 deal on record (1 rights issue); the latest was in February 2016. Its 5 peer companies in the Automobiles industry (Auto Ancillary), with the same principal business activity (motor vehicles, trailers, semi trailers and other transport vehicles) are compared by revenue, 5 smaller; the largest is Sanatan Bus Body Builders Private Limited with revenue of ₹96.98 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 1 overdue payment to 1 micro and small supplier.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tstech.co.jp.
Company details
Contact details
TS Tech (Mandal) Private Limited's registered office is in Ahmedabad, Gujarat. Its website is tstech.co.jp. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressUnit No. 806/B Eighth Floor Pinnacle Building Prahlad Nagar Corpora, Te Road, Ahmedabad, Gujarat, India – 380015
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of TS Tech (Mandal) Private 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
Business activity
The main business activity of TS Tech (Mandal) is manufacturing. In detail, this covers motor vehicles, trailers, semi trailers and other transport vehicles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C11 | Motor vehicles, trailers, semi trailers and other Transport Vehicles |
To see the full business activity and turnover split of TS Tech (Mandal) Private Limited, buy the company report.
Financials of TS Tech (Mandal) Private Limited
FY 2025 filings availableTS Tech (Mandal) Private Limited reported revenue of ₹96.98 Cr (up 14% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 14% growth in the latest year. EBITDA rose 521% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹18.75 Cr | ||||
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| Net Profit (PAT) | ₹11.35 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 19.3% | ||||
| Net Profit Margin | 11.7% | ||||
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To see the full financial statements and ratios of TS Tech (Mandal) Private Limited, buy the company report.
Board of directors of TS Tech (Mandal) Private Limited
TS Tech (Mandal) has 3 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Yuji Atsumi | Managing Director | 01 Apr 2024 | 2 Years 6 Months | Current |
| Shalini Kumar | Director | 01 Apr 2025 | 1 Years 6 Months | Current |
| Yukihiro Nagayama | Director | 01 Oct 2025 | 1 Years 0 Months | Current |
Peer comparison
TS Tech (Mandal) Private Limited is compared with the 5 companies closest to it by revenue in the Automobiles industry (Auto Ancillary), with the same principal business activity (motor vehicles, trailers, semi trailers and other transport vehicles), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| TS Tech (Mandal) Private Limitedthis company | ₹96.98 Cr (FY 2025) | ₹11.35 Cr | 11.7% | 14.0% | 33 | Ahmedabad, Gujarat, India |
| Sanatan Bus Body Builders Private Limited | ₹96.98 Cr (FY 2025) | 74.0% | Indore, Madhya Pradesh, India | |||
| Narasipur Auto Components Private Limited | ₹96.57 Cr (FY 2025) | 0.0% | Bangalore, Karnataka, India | |||
| Chaphekar Engineering Private Limited | ₹96.51 Cr (FY 2025) | 7.0% | Mumbai, Maharashtra, India | |||
| VMT Industries Private Limited | ₹96.41 Cr (FY 2024) | 47.0% | Mayapuri, Delhi, India | |||
| Automotive Coaches and Components Limited | ₹96.36 Cr (FY 2018) | -11.0% | Gummidipoondi, Tamil Nadu, India |
To see the full peer comparison of TS Tech (Mandal) Private Limited, buy the company report.
Auditor
TS Tech (Mandal) Private Limited is audited by B S R and Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R and Co | FY 2023 | 128510W |
Shareholding
The shareholding of TS Tech (Mandal) 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 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 TS Tech (Mandal) Private Limited, buy the company report.
Deals & funding
TS Tech (Mandal) Private Limited has 1 deal on record (1 rights issue); the latest was in February 2016.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2016 | Rights issue | ₹15 Cr | Investors: TS Tech Co.Ltd |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
TS Tech (Mandal) Private Limited has 2 court cases on record: 1 filed by TS Tech (Mandal), 1 filed against it. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 2 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Civil suit | Filed by the company against an individual | Pending |
| District court, Ahmedabad, Gujarat | Court case (REFERENCE T LC) | Filed against the company by an individual | Pending |
To see the full case history of TS Tech (Mandal) 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
TS Tech (Mandal) Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2024, 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 |
|---|---|---|---|
| an individual supplier |
To see the full MSME payment records of TS Tech (Mandal) Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
TS Tech (Mandal) Private Limited has a workforce of 33 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
GST
TS Tech (Mandal) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCT0356A1ZX | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of TS Tech (Mandal) Private Limited, buy the company report.
Recent activity
TS Tech (Mandal) Private Limited has 16 board changes on record since 2015: 5 appointments and 11 cessations. The latest: Yukihiro Nagayama was appointed as Director on 01 Oct 2025.
7 earlier events are in the company report.
News
Frequently asked questions
TS Tech (Mandal) is an active foreign private limited company based in Ahmedabad, Gujarat, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 13 June 2014 (12+ years old) and is registered under CIN U34200GJ2014FTC079793.
TS Tech (Mandal) has 3 current directors:
- Yuji Atsumi - Managing Director
- Shalini Kumar - Director
- Yukihiro Nagayama - Director
The latest financial statements of TS Tech (Mandal) 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 TS Tech (Mandal) is 24AAFCT0356A1ZX, registered in Gujarat.
The CIN (Corporate Identification Number) of TS Tech (Mandal) is U34200GJ2014FTC079793. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
TS Tech (Mandal) has 2 court cases on record: 1 filed by the company and 1 filed against it. 2 are pending.
TS Tech (Mandal) was incorporated on 13 June 2014, making it 12+ years old. It is registered with the Registrar of Companies, Ahmedabad.
TS Tech (Mandal) has 1 deal on record (1 rights issue); the latest was in February 2016.
The peers of TS Tech (Mandal) by revenue are Sanatan Bus Body Builders Private Limited, Narasipur Auto Components Private Limited, Chaphekar Engineering Private Limited, VMT Industries Private Limited, Automotive Coaches and Components Limited, all in the Automobiles industry (Auto Ancillary), with the same principal business activity (motor vehicles, trailers, semi trailers and other transport vehicles).
Yukihiro Nagayama was appointed as Director on 01 Oct 2025. Makoto Hattori ceased to be Managing Director on 01 Apr 2025. Ryuichi Nishikawa was appointed as Director on 01 Apr 2025. TS Tech (Mandal) has 16 board changes on record in total.
TS Tech (Mandal) has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 29 Apr 2024.
TS Tech (Mandal) can be reached through the website tstech.co.jp. Its registered office is in Ahmedabad, Gujarat, India.