MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-04-0005021
Tyresoles (India) Private Limited - automotive in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹86.78 Cr
▲ 9% YoY
Net loss · FY 2025
₹4.28 Cr
Net margin -4.9%
EBITDA · FY 2025
-₹2.22 Cr
EBITDA margin -2.6%
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹6.79 Cr
Issued & subscribed
Open charges
₹4.35 Cr
Satisfied ₹3.08 Cr
Company age
36 yrs
Est. 1990
Employees · EPFO
229
Provident fund records
About Tyresoles (India) Private Limited
Data last updated:
Tyresoles (India) Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 16 November 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U25110MH1990PTC059023. Its GSTIN is 27AAACT2744B3ZO (Maharashtra). The company holds 13 GST registrations, of which 7 are active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹6.79 Cr. It is led by directors including Karun Krishna Sanghi and Rajesh Vasudev Shetty.
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 2025, the company reported a revenue of ₹86.78 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net loss of ₹4.28 Cr (net margin -4.9%) and EBITDA of -₹2.22 Cr (EBITDA margin -2.6%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 4% over five years.
The company has about 229 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 1 brand: Ecoflex. As per MCA filings, the company has open charges of ₹4.35 Cr and satisfied charges of ₹3.08 Cr on record. Court records list 61 cases involving the company, including 53 filed by the company and 8 filed against it; 3 cases are pending. The company has 1 deal on record (1 secondary share transfer); the latest was in December 2015. The company has 4 MSME Form 1 returns on record between 2019 and 2024, listing 24 overdue payments to 4 micro and small suppliers.
Tyresoles (India) Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-04-0005021). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tyresoles.com.
Company details
CIN U25110MH1990PTC059023
Registration Number 059023
Incorporation Date 16 November 1990
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KR-04-0005021
Key People
Karun Krishna Sanghi Director Rajesh Vasudev Shetty Director Vasundhara Karun Sanghi Director Recognitions & Rankings of Tyresoles (India)
Contact details
Tyresoles (India) Private Limited's registered office is in Mumbai, Maharashtra. Its website is tyresoles.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address1001 Godambe Appt. Chs Ltd Anand Building Chitrakar Dhurandhar Marg Nr Gabana Kha, R West, Mumbai, Maharashtra, India – 400052
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Tyresoles (India) Private Limited, buy the company report.
Comprehensive company report
Tyresoles (India) 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
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Brands
Tyresoles (India) operates one associated brand: Ecoflex. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Specialty flooring solutions for sports, gyms, playgrounds, and safety surfaces. | ecoflex.in |
Business activity
The main business activity of Tyresoles (India) is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products and repair & installation of machinery & equipment, motor vehicles. 2 activity segments are registered with the MCA.
| 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 | |
| C | Manufacturing | C12 | Repair & installation of machinery & equipment, motor vehicles |
To see the full business activity and turnover split of Tyresoles (India) Private Limited, buy the company report.
Financials of Tyresoles (India) Private Limited
FY 2025 filings availableTyresoles (India) Private Limited reported revenue of ₹86.78 Cr (up 9% YoY) for FY 2025.
Revenue · FY 2025
₹86.78 Cr ▲ 9%
Net loss · FY 2025
₹4.28 Cr margin -4.9%
EBITDA · FY 2025
-₹2.22 Cr margin -2.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 9%
3 years · compounded
▲ 12%
5 years · compounded
▲ 4%
EBITDA CAGR growth
1 year
▼ 147%
3 years · compounded
▲ 2%
5 years · compounded
▲ 5%
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 9% growth in the latest year. EBITDA fell 147% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹2.22 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹4.28 Cr | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -2.6% | ||||
| Net Profit Margin | -4.9% | ||||
| 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 Tyresoles (India) Private Limited, buy the company report.
Board of directors of Tyresoles (India) Private Limited
Tyresoles (India) has 6 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Karun Krishna Sanghi Also directs: Ecoflex Flooring LLP, Feni Project Private Limited, Bhuira Jams Private Limited and 5 more | Director | 10 Dec 1990 | 35 Years 11 Months | Current |
| Rajesh Vasudev Shetty Also directs: Presto Tyresoles Retreading Private Limited | Director | 29 Mar 2007 | 19 Years 7 Months | Current |
| Vasundhara Karun Sanghi Also directs: Ecoflex Flooring LLP, Feni Project Private Limited, Presto Tyresoles Retreading Private Limited and 1 more | Director | 16 Dec 1995 | 30 Years 10 Months | Current |
| Ramamurti Lakshmi Narayana Rao Also directs: Feni Project Private Limited, Bhuira Jams Private Limited | Director | 08 May 2009 | 17 Years 6 Months | Current |
| Shravan Manjunath Rao Also directs: Manjunath Rubber Private Limited | Director | 30 Sep 2024 | 2 Years 1 Months | Current |
| Darshil Rajendra Gadhiya | Director | 30 Sep 2024 | 2 Years 1 Months | Current |
Auditor
Tyresoles (India) Private Limited is audited by Deepak Nayak & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Deepak Nayak & Associates | FY 2023 | 102241W |
Shareholding
The shareholding of Tyresoles (India) 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 Tyresoles (India) Private Limited, buy the company report.
Charges & borrowings
Open charges
₹4.35 Cr
Satisfied charges
₹3.08 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Feb 2013 | 10401894 | The Saraswat Co-Operative Bank Ltd. | ₹10 Lakh | Open | |
| 01 Feb 2013 | 10403028 | Others | ₹4 Cr | Open | |
| 01 Feb 2013 | 10407380 | The Saraswat Co-Operative Bank Ltd. | ₹25 Lakh | Open | |
| 01 Feb 2013 | 10407378 | The Saraswat Co-Operative Bank Ltd. | ₹25 Lakh | Satisfied | |
| 17 Aug 2009 | 10174516 | The Saraswat Co.Op. Bank Limited | ₹41.93 Lakh | Satisfied |
To see the full charge records of Tyresoles (India) Private Limited, buy the company report.
Total charge records: 9 View all charges
Deals & funding
Tyresoles (India) Private Limited has 1 deal on record (1 secondary share transfer); the latest was in December 2015.
Total deals
1
Secondary share transfer
1
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2015 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Tyresoles (India) Private Limited has 61 court cases on record: 53 filed by Tyresoles (India), 8 filed against it. 3 cases are pending and 58 are disposed.
Total cases
61
Filed by the company
53
Filed against the company
8
Pending
3
Disposed
58
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 50 | 4 | 3 |
| High courts | 10 | 4 | 0 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 61)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BELAGAVI, Karnataka | Execution petition | Filed by the company against Supreme Infrastructure India Pvt Ltd. and 2 others | Disposed |
| District court, BELAGAVI, Karnataka | Commercial matter | Filed by the company against Bhagirathi Trans Corpo Pvt Ltd R/By Manohar G Sakpal Age 58 R/O Esspee Tower Borivali East Mumbai and 1 other | Disposed |
| District court, BELAGAVI, Karnataka | Civil suit | Filed by the company against Kailash Carriers Ltd.R/By Mr.Arun Sharda Singh Age 47 R/O.No.219,2Nd Floor Orin Business Park GB Rd | Disposed |
| District court, BELAGAVI, Karnataka | Civil suit | Filed by the company against A.R.R. Maritime and Allied Services Pvt. Ltd. A Registered Company Having Its Regd. and 2 others | Disposed |
| District court, BELAGAVI, Karnataka | Civil suit | Filed by the company against Ideal Movers Pvt Ltd by Its Mr. Tirthraj Himatsingka | Disposed |
To see the full case history of Tyresoles (India) 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
Tyresoles (India) Private Limited has 4 MSME Form 1 returns on record between 2019 and 2024, listing 24 overdue payments to 4 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 (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Manjunath Rubber Private Limited | |||
| Tinna Rubber and Infrastructure Limited | |||
| Manjunath Tyresoles Treads Private Limited |
To see the full MSME payment records of Tyresoles (India) Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Tyresoles (India) has 2 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
2
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Presto Tyresoles Retreading Private Limited | U37100MH2011PTC220898 | |
| Tyresoles Retreading (Gujarat) Private Limited | U37100MH2014PTC253251 |
To see the full group structure of Tyresoles (India) Private Limited, buy the company report.
Employees & EPFO
Tyresoles (India) Private Limited has a workforce of 229 employees on its EPFO records as of Mar 23, 2024, across 4 active EPFO establishments.
Employee count
229
Active EPFO establishments
4
Employee growth
5.53%
GST
Tyresoles (India) has 13 GST registrations: 7 active and 6 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
13
Active
7
Cancelled / inactive
6
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACT2744B3ZO | Maharashtra | Active | 25 Oct 2017 |
| 27AAACT2744B4ZN | Maharashtra | Active | 15 Jun 2023 |
| 29AAACT2744B1ZM | Karnataka | Active | 01 Jul 2017 |
| 30AAACT2744B3Z1 | Goa | Active | 12 Aug 2017 |
To see the full GST registrations and return filing status of Tyresoles (India) Private Limited, buy the company report.
Recent activity
Tyresoles (India) Private Limited has 6 board changes on record since 1990: 6 appointments. The latest: Darshil Rajendra Gadhiya was appointed as Director on 30 Sep 2024.
AGM
Tyresoles (India) Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Tyresoles (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Others of Rs. 4.00 Cr registered on 01 Feb 2013 with Charge ID 10403028 was modified on 03 Jan 2025.
Appointed
Darshil Rajendra Gadhiya was appointed as Director.
Appointed
Shravan Manjunath Rao was appointed as Director.
Charges
A charge registered on 01 Feb 2013 via Charge ID 10407378 with The Saraswat Co-Operative Bank Ltd. was fully satisfied on 20 Aug 2019.
Charges
A charge registered on 17 Aug 2009 via Charge ID 10174516 with The Saraswat Co.Op. Bank Limited was fully satisfied on 15 Sep 2016.
Charges
A charge registered on 01 Jul 1999 via Charge ID 90166625 with The Saraswat Bank was fully satisfied on 15 Sep 2016.
Charges
A charge registered on 16 Feb 1993 via Charge ID 90166198 with The Saraswat Bank was fully satisfied on 15 Sep 2016.
Charges
A charge registered on 27 Mar 1992 via Charge ID 90166152 with The Saraswat Co-Operative Bank Ltd was fully satisfied on 15 Sep 2016.
Charges
A charge registered on 11 Oct 1991 via Charge ID 90166125 with The Saraswat Bank was fully satisfied on 15 Sep 2016.
Charges
A charge with The Saraswat Co-Operative Bank Ltd. amounted to Rs. 0.10 Cr with Charge ID 10401894 was registered on 01 Feb 2013.
14 earlier events are in the company report.
Frequently asked questions
Tyresoles (India) is an active private limited company based in Mumbai, Maharashtra, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 16 November 1990 (36+ years old) and is registered under CIN U25110MH1990PTC059023.
Tyresoles (India) has 6 current directors:
- Karun Krishna Sanghi - Director
- Rajesh Vasudev Shetty - Director
- Vasundhara Karun Sanghi - Director
- Ramamurti Lakshmi Narayana Rao - Director
- Shravan Manjunath Rao - Director
- Darshil Rajendra Gadhiya - Director
The latest financial statements of Tyresoles (India) 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 Tyresoles (India) is 27AAACT2744B3ZO, registered in Maharashtra. The company has 13 GST registrations in all, of which 7 are active and 6 are cancelled or inactive. Other active GSTINs include 27AAACT2744B4ZN (Maharashtra), 29AAACT2744B1ZM (Karnataka), 30AAACT2744B3Z1 (Goa).
The CIN (Corporate Identification Number) of Tyresoles (India) is U25110MH1990PTC059023. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tyresoles (India) has 61 court cases on record: 53 filed by the company and 8 filed against it. 3 are pending. Most are in the district courts.
Tyresoles (India) was incorporated on 16 November 1990, making it 36+ years old. It is registered with the Registrar of Companies, Mumbai.
Tyresoles (India) has 1 deal on record (1 secondary share transfer); the latest was in December 2015.
Darshil Rajendra Gadhiya was appointed as Director on 30 Sep 2024. Shravan Manjunath Rao was appointed as Director on 30 Sep 2024. Ramamurti Lakshmi Narayana Rao was appointed as Director on 08 May 2009. Tyresoles (India) has 6 board changes on record in total.
Yes, Tyresoles (India) is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-04-0005021).
Tyresoles (India) has 4 MSME Form 1 returns on record between 2019 and 2024, listing 24 overdue payments to 4 micro and small suppliers. The latest return was filed on 16 May 2024.
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