About Tushar Dye-Chem Pvt Ltd
Data last updated:
Tushar Dye-Chem Pvt Ltd is a private limited company based in Ahmedabad, Gujarat, India. It operates in the dyes and pigments segment of the chemicals and materials sector. It was incorporated on 28 December 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24110GJ1990PTC014821. Its GSTIN is 24AAACT5660Q1ZW (Gujarat).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Tushar Mangesh Agarwal and Mangesh Hanumanprasad Agrawal.
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 A – 2/113 GIDC Estate Phase II Vatva, Ahmedabad, Gujarat, India – 382445.
As per the financials filed for FY 2025, the company reported a revenue of ₹14.62 Cr, a growth of 34% compared to the previous year. For the same year it recorded a net profit of ₹9.19 Lakh (net margin 0.6%) and EBITDA of ₹51.76 Lakh (EBITDA margin 3.5%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 6% over five years.
As per MCA filings, the company has open charges of ₹3.4 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tushardyechem.com.
Company details
Contact details
Tushar Dye-Chem Pvt Ltd's registered office is in Ahmedabad, Gujarat. Its website is tushardyechem.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressA – 2/113 GIDC Estate Phase II Vatva, Ahmedabad, Gujarat, India – 382445
- IndustryChemicals and Materials, Dyes & Pigments, Colorants
To see the full contact details of Tushar Dye-Chem Pvt Ltd, 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 Tushar Dye-Chem is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Tushar Dye-Chem Pvt Ltd, buy the company report.
Financials of Tushar Dye-Chem Pvt Ltd
FY 2025 filings availableTushar Dye-Chem Pvt Ltd reported revenue of ₹14.62 Cr (up 34% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 34% growth in the latest year. EBITDA rose 6% 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 | ₹51.76 Lakh | ||||
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| Net Profit (PAT) | ₹9.19 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.5% | ||||
| Net Profit Margin | 0.6% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Tushar Dye-Chem Pvt Ltd, buy the company report.
Board of directors of Tushar Dye-Chem Pvt Ltd
Tushar Dye-Chem has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tushar Mangesh Agarwal | Director | 01 Jul 2002 | 24 Years 4 Months | Current |
| Mangesh Hanumanprasad Agrawal | Director | 28 Dec 1990 | 35 Years 10 Months | Current |
Peer comparison
Tushar Dye-Chem Pvt Ltd is compared with the 5 companies closest to it by revenue in the Chemicals industry (Dyes and Pigments), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Manali Pigments Private Limited | ₹14.97 Cr (FY 2025) | 5.0% | Uttar Pradesh, India | |||
| Tushar Dye-Chem Pvt Ltdthis company | ₹14.62 Cr (FY 2025) | ₹9.19 Lakh | 0.6% | 34.0% | Ahmedabad, Gujarat, India | |
| Spico Printing Inks Private Limited | ₹14.4 Cr (FY 2025) | 10.0% | Chennai, Tamil Nadu, India | |||
| Dispo Dyechem Private Limited | ₹14.39 Cr (FY 2016) | 110.0% | Ahmedabad, Gujarat, India | |||
| Aarviem Dyechem Industries Pvt Ltd | ₹14.23 Cr (FY 2024) | 6.0% | Mumbai, Maharashtra, India | |||
| Syntron Industries Private Limited | ₹14.12 Cr (FY 2024) | -14.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Tushar Dye-Chem Pvt Ltd, buy the company report.
Auditor
Tushar Dye-Chem Pvt Ltd is audited by CHANDRANARAYANSOMANI for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHANDRANARAYANSOMANI | FY 2023 | 017859 |
Shareholding
The shareholding of Tushar Dye-Chem Pvt Ltd 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 Tushar Dye-Chem Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Oct 2016 | 100064769 | Others | ₹1.7 Cr | Open | |
| 19 Oct 2016 | 100064754 | Others | ₹1.7 Cr | Open |
Total charge records: 2 View all charges
Legal cases
Tushar Dye-Chem Pvt Ltd has 1 court case on record: 1 filed by Tushar Dye-Chem. All case is disposed.
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, GUJARAT | Special civil application | Filed by the company against State of Gujarat THR' Secretary and 1 other | Disposed |
To see the full case history of Tushar Dye-Chem Pvt Ltd, 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
Tushar Dye-Chem Pvt Ltd has 4 MSME Form 1 returns on record for the period ending Mar 2019, listing 38 overdue payments to 11 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 11)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Sauradip Chemical Industries Pvt Ltd | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| Narayan Industries |
To see the full MSME payment records of Tushar Dye-Chem Pvt Ltd, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Tushar Dye-Chem has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACT5660Q1ZW | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Tushar Dye-Chem Pvt Ltd, buy the company report.
Recent activity
Tushar Dye-Chem Pvt Ltd has 2 board changes on record since 1990: 2 appointments. The latest: Tushar Mangesh Agarwal was appointed as Director on 01 Jul 2002.
Frequently asked questions
Tushar Dye-Chem is an active private limited company based in Ahmedabad, Gujarat, India. The company works in dyes and pigments, within the chemicals and materials industry. It was incorporated on 28 December 1990 (36+ years old) and is registered under CIN U24110GJ1990PTC014821.
Tushar Dye-Chem has 2 current directors:
- Tushar Mangesh Agarwal - Director
- Mangesh Hanumanprasad Agrawal - Director
The latest financial statements of Tushar Dye-Chem 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 Tushar Dye-Chem is 24AAACT5660Q1ZW, registered in Gujarat.
The CIN (Corporate Identification Number) of Tushar Dye-Chem is U24110GJ1990PTC014821. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tushar Dye-Chem has 1 court case on record: 1 filed by the company.
Tushar Dye-Chem was incorporated on 28 December 1990, making it 36+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Tushar Dye-Chem by revenue are Manali Pigments Private Limited, Spico Printing Inks Private Limited, Dispo Dyechem Private Limited, Aarviem Dyechem Industries Pvt Ltd, Syntron Industries Private Limited, all in the Chemicals industry (Dyes and Pigments), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Tushar Mangesh Agarwal was appointed as Director on 01 Jul 2002. Mangesh Hanumanprasad Agrawal was appointed as Director on 28 Dec 1990.
Tushar Dye-Chem has 4 MSME Form 1 returns on record for the period ending Mar 2019, listing 38 overdue payments to 11 micro and small suppliers. The latest return was filed on 30 May 2019.
Tushar Dye-Chem can be reached through the website tushardyechem.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Tushar Dye-Chem is at A – 2113 GIDC Estate Phase II Vatva, Ahmedabad, Gujarat, India – 382445.
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