About Tufropes Private Limited
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Tufropes Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 19 November 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51900MH1992PTC069639. Its GSTIN is 27AAACT8968M2ZG (Maharashtra). The company holds 6 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹5.75 Cr and a paid-up capital of ₹3.13 Cr. It was formerly known as Reeve Commercials Private Limited. It is led by directors including Navnath Ganpat Tarle and Stuart Charles Janke.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Technocraft House Plot No. A – 25 Road No. 3 MIDC Industrial Estate Mulgaon Andheri East, Mumbai, Maharashtra, India – 400093.
As per the financials filed for FY 2025, the company reported a revenue of ₹421.95 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹31.92 Cr (net margin 7.6%) and EBITDA of ₹48.6 Cr (EBITDA margin 11.5%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years.
The company has about 1,559 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Tufropes. As per MCA filings, the company has open charges of ₹75 Cr and satisfied charges of ₹160.27 Cr on record. Court records list 25 cases involving the company, including 12 filed by the company and 13 filed against it; 3 cases are pending. The company has 13 deals on record (10 secondary share transfers, 2 funding rounds, 1 acquisition), with disclosed funding of ₹28.6 Lakh; the latest was in March 2023. Its 6 peer companies in the Manufacturing industry (Plastic Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products) are compared by revenue, 4 larger and 2 smaller; the largest is Capstone Polyweave Private Limited with revenue of ₹458.65 Cr. The company has 8 MSME Form 1 returns on record between 2020 and 2023, listing 57 overdue payments to 23 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tufropes.com.
Company details
Contact details
Tufropes Private Limited's registered office is in Mumbai, Maharashtra. Its website is tufropes.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressTechnocraft House Plot No. A – 25 Road No. 3 MIDC Industrial Estate Mulgaon Andheri East, Mumbai, Maharashtra, India – 400093
- IndustryManufacturing, Plastic-Based Products
To see the full contact details of Tufropes 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
Brands
Tufropes operates one associated brand: Tufropes. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Synthetic ropes and nets are manufactured and exported globally. | tufropes.com |
Business activity
The main business activity of Tufropes is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Tufropes Private Limited, buy the company report.
Financials of Tufropes Private Limited
FY 2025 filings availableTufropes Private Limited reported revenue of ₹421.95 Cr (up 15% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 5% over three years, including 15% growth in the latest year. EBITDA rose 17% 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 | ₹48.6 Cr | ||||
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| Net Profit (PAT) | ₹31.92 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 | 11.5% | ||||
| Net Profit Margin | 7.6% | ||||
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To see the full financial statements and ratios of Tufropes Private Limited, buy the company report.
Board of directors of Tufropes Private Limited
Tufropes has 3 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Navnath Ganpat Tarle Also directs: Tufnets Private Limited | Director | 28 Jun 2023 | 3 Years 3 Months | Current |
| Stuart Charles Janke | Director | 10 Jul 2024 | 2 Years 3 Months | Current |
| Kalpesh Thakarshi Gosar Also directs: Tufnets Private Limited | Director | 10 Jul 2024 | 2 Years 3 Months | Current |
Peer comparison
Tufropes Private Limited is compared with the 6 companies closest to it by revenue in the Manufacturing industry (Plastic Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Capstone Polyweave Private Limited | ₹458.65 Cr (FY 2025) | 34.0% | New Delhi, Delhi, India | |||
| Kuloday Plastomers Private Limited | ₹443.53 Cr (FY 2024) | -7.0% | Mumbai, Maharashtra, India | |||
| Aditya Flexipack Private Limited | ₹433.25 Cr (FY 2023) | -8.0% | Kanpur Dehat, Uttar Pradesh, India | |||
| Le Mei Plastic Manufacturing Private Limited | ₹422.35 Cr (FY 2025) | 32.0% | Greater Noida, Uttar Pradesh, India | |||
| Tufropes Private Limitedthis company | ₹421.95 Cr (FY 2025) | ₹31.92 Cr | 7.6% | 15.0% | 1,559 | Mumbai, Maharashtra, India |
| Shree Malani Foams Private Limited | ₹420.76 Cr (FY 2025) | 21.0% | Chegunta, Telangana, India | |||
| Tarsons Products Limited | ₹408.37 Cr (FY 2025) | 33.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Tufropes Private Limited, buy the company report.
Auditor
Tufropes Private Limited is audited by Jayantilal Thakkar & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Jayantilal Thakkar & Co | FY 2023 | 104133W |
Shareholding
The shareholding of Tufropes 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 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Tufropes Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Oct 2015 | 10603943 | Hdfc Bank Limited | ₹75 Cr | Open | |
| 26 May 2017 | 100105185 | The Hongkong and Shanghai Banking Corporation Limited | ₹5 Cr | Satisfied | |
| 18 Jan 2017 | 100077343 | The Hongkong and Shanghai Banking Corporation Limited | ₹56.23 Cr | Satisfied | |
| 12 Mar 2012 | 10344043 | Export-Import Bank of India | ₹18.35 Cr | Satisfied | |
| 07 Mar 2012 | 10345096 | Canara Bank | ₹36 Cr | Satisfied |
To see the full charge records of Tufropes Private Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Tufropes Private Limited has 13 deals on record (10 secondary share transfers, 2 funding rounds, 1 acquisition), with disclosed funding of ₹28.6 Lakh; the latest was in March 2023.
Deals on record (5 of 13)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Secondary share transfer | Undisclosed | Seller: 4 individuals |
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: Ontario INC Seller: 4 individuals |
| Jan 2023 | Acquisition | ₹1,521.93 Cr | Buyer: Aimia Inc |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Mar 2009 | Secondary share transfer | Undisclosed | Seller: Silvassa Polyplast (I) Private Limited, Polysil Irrigation Systems Limited |
To see the full deal history of Tufropes Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Tufropes Private Limited has 25 court cases on record: 12 filed by Tufropes, 13 filed against it. 3 cases are pending and 22 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 13 | 4 | 1 |
| High courts | 11 | 9 | 2 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 25)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Commercial matter | Filed against the company by Hamburg Sud (India) Private Limited | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CHAMBER SUMMONS) | Filed against the company by Hamburg Sud (India) Private Limited | Disposed |
| Bombay High Court | Arbitration matter | Filed against the company by Sriroz Consultants Private Limited | Disposed |
| District court, Vadodara, Gujarat | Criminal complaint | Filed against the company by HDFC Bank Ltd -Nirav P.Patel | Disposed |
| Bombay High Court | Court case (COMSS) | Filed against the company by Hamburg Sud (India) Private Limited | Disposed |
To see the full case history of Tufropes 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.
Credit ratings & regulatory alerts
Tufropes Private Limited was last rated by Care on 06 Jan 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 06 Jan 2022 |
To see the full credit ratings and regulatory alerts of Tufropes Private Limited, buy the company report.
MSME payment delays
Tufropes Private Limited has 8 MSME Form 1 returns on record between 2020 and 2023, listing 57 overdue payments to 23 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 23)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Airmax & Aira Corporation | |||
| Maharashtra Plastic & Industries | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Tufropes Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Tufropes Private Limited has a workforce of 1,559 employees on its EPFO records as of Apr 04, 2024, across 5 active EPFO establishments.
GST
Tufropes has 6 GST registrations: 4 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACT8968M2ZG | Maharashtra | Active | 08 Jul 2017 |
| 27AAACT8968M4ZE | Maharashtra | Active | 01 Dec 2021 |
| 24AAACT8968M1ZN | Gujarat | Active | 01 Jul 2017 |
| 26AAACT8968M1ZJ | Dadra and Nagar Haveli and Daman and Diu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Tufropes Private Limited, buy the company report.
Recent activity
Tufropes Private Limited has 17 board changes on record since 2010: 3 appointments and 14 cessations. The latest: Kalpesh Thakarshi Gosar ceased to be Additional Director on 29 Sep 2024.
24 earlier events are in the company report.
News
Frequently asked questions
Tufropes is an active private limited company based in Mumbai, Maharashtra, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 19 November 1992 (34+ years old) and is registered under CIN U51900MH1992PTC069639.
Tufropes has 3 current directors:
- Navnath Ganpat Tarle - Director
- Stuart Charles Janke - Director
- Kalpesh Thakarshi Gosar - Director
The latest financial statements of Tufropes on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Tufropes is 27AAACT8968M2ZG, registered in Maharashtra. The company has 6 GST registrations in all, of which 4 are active and 2 are cancelled or inactive. Other active GSTINs include 27AAACT8968M4ZE (Maharashtra), 24AAACT8968M1ZN (Gujarat), 26AAACT8968M1ZJ (Dadra and Nagar Haveli and Daman and Diu).
The CIN (Corporate Identification Number) of Tufropes is U51900MH1992PTC069639. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tufropes has 25 court cases on record: 12 filed by the company and 13 filed against it. 3 are pending. Most are in the district courts.
Tufropes was incorporated on 19 November 1992, making it 34+ years old. It is registered with the Registrar of Companies, Mumbai.
Tufropes has 13 deals on record (10 secondary share transfers, 2 funding rounds, 1 acquisition), with disclosed funding of ₹28.6 Lakh; the latest was in March 2023.
The peers of Tufropes by revenue are Capstone Polyweave Private Limited, Kuloday Plastomers Private Limited, Aditya Flexipack Private Limited, Le Mei Plastic Manufacturing Private Limited, Shree Malani Foams Private Limited and 1 more, all in the Manufacturing industry (Plastic Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Kalpesh Thakarshi Gosar ceased to be Additional Director on 29 Sep 2024. Stuart Charles Janke ceased to be Additional Director on 29 Sep 2024. Kalpesh Thakarshi Gosar was appointed as Director on 10 Jul 2024. Tufropes has 17 board changes on record in total.
Tufropes has 8 MSME Form 1 returns on record between 2020 and 2023, listing 57 overdue payments to 23 micro and small suppliers. The latest return was filed on 18 Nov 2023.
Tufropes can be reached through the website tufropes.com. Its registered office is in Mumbai, Maharashtra, India.