Startup India Government of India
Tzar Industries Private Limited - consumer goods in Thanjavur, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹38.55 Cr
▲ 9% YoY
Net profit · FY 2023
₹25.55 Lakh
Net margin 0.7%
EBITDA · FY 2023
₹1.48 Cr
EBITDA margin 3.8%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹5 Cr
Satisfied ₹2 Cr
Company age
10 yrs
Est. 2016
Employees · EPFO
83
Provident fund records
About Tzar Industries Private Limited
Data last updated:
Tzar Industries Private Limited is a private limited company based in Thanjavur, Tamil Nadu, India, recognised as a startup by DPIIT. It operates in the sports equipment retail and distribution segment of the consumer goods sector. It was incorporated on 28 December 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U85300TN2016PTC113909. Its GSTIN is 33AAGCT0382D1ZP (Tamil Nadu). The company holds 10 GST registrations, of which 7 are active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Vishnuram Harish and Arul Xavier Ponnusamy Anand Antony Raj.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 32 David And Co Avenue Near Manimaran Serfoji College Road, Thanjavur, Tamil Nadu, India – 613005.
As per the financials filed for FY 2023, the company reported a revenue of ₹38.55 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹25.55 Lakh (net margin 0.7%) and EBITDA of ₹1.48 Cr (EBITDA margin 3.8%). Revenue has grown at a compounded annual rate (CAGR) of 36% over three years and 130% over five years.
The company has about 83 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Durafit. As per MCA filings, the company has open charges of ₹5 Cr and satisfied charges of ₹2 Cr on record. Court records list 12 cases involving the company, including 12 filed against it; 7 cases are pending.
Tzar Industries Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-22-0006864). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website durafit.in.
Company details
CIN U85300TN2016PTC113909
Registration Number 113909
Incorporation Date 28 December 2016
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-TN-22-0006864
Key People
Vishnuram Harish Director Arul Xavier Ponnusamy Anand Antony Raj Director Subramaniam Preethi Director Recognitions & Rankings of Tzar Industries
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-22-0006864
Contact details
Tzar Industries Private Limited's registered office is in Thanjavur, Tamil Nadu. Its website is durafit.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address32 David And Co Avenue Near Manimaran Serfoji College Road, Thanjavur, Tamil Nadu, India – 613005
- IndustryConsumer Goods, Sports Equipment Retail & Distribution
To see the full contact details of Tzar Industries Private Limited, buy the company report.
Comprehensive company report
Tzar Industries 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
Tzar Industries operates one associated brand: Durafit. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Fitness equipment is sold, including treadmills and bikes, with services extended across India. | durafit.in |
Business activity
The main business activity of Tzar Industries 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 Tzar Industries Private Limited, buy the company report.
Financials of Tzar Industries Private Limited
FY 2023 filings availableTzar Industries Private Limited reported revenue of ₹38.55 Cr (up 9% YoY) for FY 2023.
Revenue · FY 2023
₹38.55 Cr ▲ 9%
Net profit · FY 2023
₹25.55 Lakh margin 0.7%
EBITDA · FY 2023
₹1.48 Cr margin 3.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 9%
3 years · compounded
▲ 36%
5 years · compounded
▲ 130%
EBITDA CAGR growth
1 year
▲ 143%
3 years · compounded
▲ 24%
5 years · compounded
▲ 177%
Revenue has grown at a compounded annual rate (CAGR) of 130% over five years, including 9% growth in the latest year. EBITDA rose 143% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹38.55 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.48 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹25.55 Lakh | ||||
| 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.8% | ||||
| Net Profit Margin | 0.7% | ||||
| 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 Tzar Industries Private Limited, buy the company report.
Board of directors of Tzar Industries Private Limited
Tzar Industries has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vishnuram Harish | Director | 16 Mar 2021 | 5 Years 7 Months | Current |
| Arul Xavier Ponnusamy Anand Antony Raj Also directs: Visionary Fitness Private Limited | Director | 28 Dec 2016 | 9 Years 10 Months | Current |
| Subramaniam Preethi Also directs: Visionary Fitness Private Limited | Director | 10 Aug 2019 | 7 Years 2 Months | Current |
Peer comparison
Tzar Industries Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Products industry (Sports Equipment Retail and Distribution), 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 |
|---|---|---|---|---|---|---|
| Shagun Health Products Private Limited | ₹44.87 Cr (FY 2025) | 30.0% | Chennai, Tamil Nadu, India | |||
| Tzar Industries Private Limitedthis company | ₹38.55 Cr (FY 2023) | ₹25.55 Lakh | 0.7% | 9.0% | 83 | Thanjavur, Tamil Nadu, India |
| GBL Garden Private Limited | ₹36.89 Cr (FY 2025) | 12.0% | Bangalore, Karnataka, India | |||
| Body Drench India Private Limited | ₹34.58 Cr (FY 2019) | 32.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Tzar Industries Private Limited, buy the company report.
Auditor
Tzar Industries Private Limited is audited by KALYANASUNDARAM &CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KALYANASUNDARAM &CO | FY 2023 | 213548 |
Shareholding
The shareholding of Tzar Industries 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 Tzar Industries Private Limited, buy the company report.
Charges & borrowings
Open charges
₹5 Cr
Satisfied charges
₹2 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Mar 2022 | 100554685 | Others | ₹1.5 Cr | Open | |
| 08 Feb 2022 | 100544599 | Others | ₹2.5 Cr | Open | |
| 26 Apr 2021 | 100442782 | Others | ₹1 Cr | Open | |
| 20 Oct 2020 | 100386534 | Indian Bank | ₹2 Cr | Satisfied |
To see the full charge records of Tzar Industries Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Tzar Industries Private Limited has 12 court cases on record: 12 filed against it. 7 cases are pending and 5 are disposed.
Total cases
12
Filed against the company
12
Pending
7
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 11 | 6 |
| High courts | 1 | 1 | 1 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Arbitration matter | Filed against the company by Frigate Engineering Services Private Limited | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by M/S Cholamandalam Investment and Finance Co. Ltd. | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Aditya Birla Finance Ltd | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed against the company by Trillionloans Fintech Private Limited | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Incred Financial Services Ltd | Pending |
To see the full case history of Tzar Industries 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
No delayed payments to MSME suppliers are on our record for Tzar Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Tzar Industries Private Limited has a workforce of 83 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
Employee count
83
Active EPFO establishments
1
Employee growth
1.22%
GST
Tzar Industries has 10 GST registrations: 7 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
10
Active
7
Cancelled / inactive
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAGCT0382D1ZP | Tamil Nadu | Active | 01 Jul 2017 |
| 27AAGCT0382D1ZI | Maharashtra | Active | 16 Jul 2019 |
| 06AAGCT0382D1ZM | Haryana | Active | 18 Jul 2019 |
| 19AAGCT0382D1ZF | West Bengal | Active | 27 Feb 2020 |
To see the full GST registrations and return filing status of Tzar Industries Private Limited, buy the company report.
Recent activity
Tzar Industries Private Limited has 6 board changes on record since 2016: 3 appointments and 3 cessations. The latest: Vishnuram Harish ceased to be Additional Director on 30 Nov 2021.
AGM
Tzar Industries Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Tzar Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.
Charges
A charge with Others amounted to Rs. 150.00 Lakh with Charge ID 100554685 was registered on 14 Mar 2022.
Charges
A charge registered on 20 Oct 2020 via Charge ID 100386534 with Indian Bank was fully satisfied on 14 Feb 2022.
Charges
A charge with Others amounted to Rs. 250.00 Lakh with Charge ID 100544599 was registered on 08 Feb 2022.
Ceased
Vishnuram Harish ceased to be Additional Director.
Charges
A charge with Others amounted to Rs. 100.00 Lakh with Charge ID 100442782 was registered on 26 Apr 2021.
Appointed
Vishnuram Harish was appointed as Director.
Charges
A charge with Indian Bank amounted to Rs. 200.00 Lakh with Charge ID 100386534 was registered on 20 Oct 2020.
Ceased
Subramaniam Preethi ceased to be Additional Director.
Ceased
Arul Xavier Ponnusamy Thangaraj ceased to be Director.
Appointed
Subramaniam Preethi was appointed as Director.
2 earlier events are in the company report.
Frequently asked questions
Tzar Industries is an active private limited company based in Thanjavur, Tamil Nadu, India. The company works in sports equipment retail and distribution, within the consumer goods industry. It was incorporated on 28 December 2016 (10+ years old) and is registered under CIN U85300TN2016PTC113909.
Tzar Industries has 3 current directors:
- Vishnuram Harish - Director
- Arul Xavier Ponnusamy Anand Antony Raj - Director
- Subramaniam Preethi - Director
The latest financial statements of Tzar Industries on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Tzar Industries is 33AAGCT0382D1ZP, registered in Tamil Nadu. The company has 10 GST registrations in all, of which 7 are active and 3 are cancelled or inactive. Other active GSTINs include 27AAGCT0382D1ZI (Maharashtra), 06AAGCT0382D1ZM (Haryana), 19AAGCT0382D1ZF (West Bengal).
The CIN (Corporate Identification Number) of Tzar Industries is U85300TN2016PTC113909. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tzar Industries has 12 court cases on record: 12 filed against it. 7 are pending. Most are in the district courts.
Tzar Industries was incorporated on 28 December 2016, making it 10+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Tzar Industries by revenue are Shagun Health Products Private Limited, GBL Garden Private Limited, Body Drench India Private Limited, all in the Consumer Products industry (Sports Equipment Retail and Distribution), with the same principal business activity (retail trading).
Vishnuram Harish ceased to be Additional Director on 30 Nov 2021. Vishnuram Harish was appointed as Director on 16 Mar 2021. Subramaniam Preethi ceased to be Additional Director on 30 Sep 2019. Tzar Industries has 6 board changes on record in total.
Yes, Tzar Industries is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Tzar Industries is registered as a small enterprise under Udyam registration (number: UDYAM-TN-22-0006864).
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