Torin Drive Industries Private Limited

Torin Drive Industries Private Limited - machinery and equipment in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U74990MH2011FTC218342 Incorporated 06 June 2011 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Foreign Private Limited Company machinery and equipment
Data last updated
Revenue · FY 2024
₹23.31 Cr
▲ 12% YoY
Net profit · FY 2024
₹59.4 Lakh
Net margin 2.5%
EBITDA · FY 2024
₹2.07 Cr
EBITDA margin 8.9%
Authorised capital
₹75 Lakh
Registered with MCA
Paid-up capital
₹52.23 Lakh
Issued & subscribed
Open charges
₹2.2 Cr
Secured borrowings
Company age
15 yrs
Est. 2011
Directors on board
2
As per MCA filings

About Torin Drive Industries Private Limited

Data last updated:

Torin Drive Industries Private Limited is a foreign private limited company based in Mumbai, Maharashtra, India, a subsidiary of Twin Creek Investment Llc. It operates in the material handling and storage equipment segment of the machinery and industrial equipment sector. It was incorporated on 06 June 2011 and has been in existence for over 15 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74990MH2011FTC218342. Its GSTIN is 27AADCT8699L1ZC (Maharashtra). The company holds 3 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹52.23 Lakh. It was formerly known as Ses International Private Limited and International Standard Elevators Systems Private Limited. It is led by directors Rajendrakumar Jaigovind Kedia and Namit Rajendra Kedia.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 804 Vakratunda Corporate Park, Mumbai, Maharashtra.

As per the financials filed for FY 2024, the company reported a revenue of ₹23.31 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹59.4 Lakh (net margin 2.5%) and EBITDA of ₹2.07 Cr (EBITDA margin 8.9%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years and 10% over five years.

As per MCA filings, the company has open charges of ₹2.2 Cr on record. Court records list 1 case involving 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 standard-elevators.com.

Company details

CIN U74990MH2011FTC218342
Registration Number 218342
Incorporation Date 06 June 2011
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Twin Creek Investment Llc
Compliance Status Active Compliant

Name history

Torin Drive Industries has undergone 4 name changes throughout its history. The current legal name is Torin Drive Industries Private Limited.

Company NameStatus
Torin Drive Industries Private LimitedCurrent
Ses International Private LimitedPrevious
International Standard Elevators Systems Private LimitedPrevious
Torin Drive India Private LimitedPrevious

Contact details

Torin Drive Industries Private Limited's registered office is in Mumbai, Maharashtra. Its website is standard-elevators.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    Office No. 804 Vakratunda Corporate Park, Vishweshwar Nagar Goregaon East, Mumbai, Maharashtra, India – 400063
  • Industry
    Machinery and Equipment, Material Handling & Storage Equipment

To see the full contact details of Torin Drive Industries Private Limited, buy the company report.

Comprehensive company report
Torin Drive 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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Business activity

The main business activity of Torin Drive Industries is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Torin Drive Industries Private Limited, buy the company report.

Financials of Torin Drive Industries Private Limited

FY 2024 filings available

Torin Drive Industries Private Limited reported revenue of ₹23.31 Cr (up 12% YoY) for FY 2024.

Revenue · FY 2024
₹23.31 Cr ▲ 12%
Net profit · FY 2024
₹59.4 Lakh margin 2.5%
EBITDA · FY 2024
₹2.07 Cr margin 8.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 12%
3 years · compounded
▲ 12%
5 years · compounded
▼ 10%
EBITDA CAGR growth
1 year
▼ 42%
3 years · compounded
▼ 5%
5 years · compounded
▼ 13%

Revenue rose 12% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 10%. EBITDA fell 42% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹2.07 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹59.4 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin8.9%
Net Profit Margin2.5%
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 Torin Drive Industries Private Limited, buy the company report.

Board of directors of Torin Drive Industries Private Limited

Torin Drive Industries has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Rajendrakumar Jaigovind KediaDirector06 Jun 201115 Years 5 MonthsCurrent
Namit Rajendra KediaDirector06 Jun 201115 Years 5 MonthsCurrent

Peer comparison

Torin Drive Industries Private Limited is compared with the 5 companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Jay Kumar & Co Sales Private Limited₹23.72 Cr (FY 2025)0.0%Mumbai, Maharashtra, India
Enzyme Engineering & Services Private Limited₹23.68 Cr (FY 2025)18.0%Ranchi, Jharkhand, India
Aeriz Agri Exports Private Limited₹23.53 Cr (FY 2025)57.0%Hyderabad, Telangana, India
Torin Drive Industries Private Limitedthis company₹23.31 Cr (FY 2024)₹59.4 Lakh2.5%12.0%Mumbai, Maharashtra, India
Supertech Engineering & Trade Pvt Ltd₹23.28 Cr (FY 2024)15.0%Kolkata, West Bengal, India
Altus Engineering Solution Private Limited₹23.27 Cr (FY 2025)65.0%Delhi, India

To see the full peer comparison of Torin Drive Industries Private Limited, buy the company report.

Auditor

Torin Drive Industries Private Limited is audited by MNRD & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
MNRD & ASSOCIATESFY 2023126991W

Shareholding

The shareholding of Torin Drive Industries Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Torin Drive Industries Private Limited, buy the company report.

Charges & borrowings

Open charges
₹2.2 Cr
Satisfied charges
None
Breakdown by lending institutions
Hdfc Bank Limited₹2.20 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
28 Nov 2024101022401Hdfc Bank Limited₹2.2 CrOpen

Total charge records: 1 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Torin Drive Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Torin Drive Industries has 3 GST registrations: 1 active and 2 cancelled or inactive.

Total GSTINs
3
Active
1
Cancelled / inactive
2
GSTINStateStatusRegistered on
27AADCT8699L1ZCMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Torin Drive Industries Private Limited, buy the company report.

Recent activity

Torin Drive Industries Private Limited has 3 board changes on record since 2011: 2 appointments and 1 cessation. The latest: Hao He ceased to be Additional Director on 07 Jun 2019.

Charges
A charge with Hdfc Bank Limited amounted to Rs. 220.00 Lakh with Charge ID 101022401 was registered on 28 Nov 2024.
AGM
Torin Drive Industries Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Torin Drive Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Ceased
Hao He ceased to be Additional Director.
Appointed
Namit Rajendra Kedia was appointed as Director.
Appointed
Rajendrakumar Jaigovind Kedia was appointed as Director.
Incorporation
06 Jun 2011
Torin Drive Industries Private Limited was registered on 06 Jun 2011 with Roc Mumbai & aged 15 years 5 months as per MCA records.

Frequently asked questions

Torin Drive Industries is an active foreign private limited company based in Mumbai, Maharashtra, India. The company works in material handling and storage equipment, within the machinery and equipment industry. It was incorporated on 06 June 2011 (15+ years old) and is registered under CIN U74990MH2011FTC218342.

Torin Drive Industries has 2 current directors:

The latest financial statements of Torin Drive Industries on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Torin Drive Industries is 27AADCT8699L1ZC, registered in Maharashtra. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.

The CIN (Corporate Identification Number) of Torin Drive Industries is U74990MH2011FTC218342. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Torin Drive Industries has 1 court case on record.

Torin Drive Industries was incorporated on 06 June 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.

The peers of Torin Drive Industries by revenue are Jay Kumar & Co Sales Private Limited, Enzyme Engineering & Services Private Limited, Aeriz Agri Exports Private Limited, Supertech Engineering & Trade Pvt Ltd, Altus Engineering Solution Private Limited, all in the Machinery and Equipment industry (Industrial Products Retail and Distribution), with the same principal business activity (wholesale trading).

Hao He ceased to be Additional Director on 07 Jun 2019. Namit Rajendra Kedia was appointed as Director on 06 Jun 2011. Rajendrakumar Jaigovind Kedia was appointed as Director on 06 Jun 2011.

Torin Drive Industries can be reached through the website standard-elevators.com. Its registered office is in Mumbai, Maharashtra, India.

The registered office of Torin Drive Industries is at Office No. 804 Vakratunda Corporate Park, Vishweshwar Nagar Goregaon East, Mumbai, Maharashtra, India – 400063.