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Thirdware Solution Limited
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Registered Details

THIRDWARE SOLUTION LIMITED

www.thirdware.com

All Companies ›

Maharashtra ›

Computer Related Services ›

THIRDWARE SOLUTION LIMITED

Amalgamated

Updated: 28 Jun 2025

They provides solution in manufacturing automative industry and other industry-specific technological consultancy.

Thirdware Solution Limited, was an unlisted public company incorporated on 20 June, 1995. It is classified as a public limited company and is located in , . It's authorized share capital was INR 8.00 cr and the total paid-up capital was INR 4.70 cr.

Subscription Plans

Industry and products

Computer Related Services

Solutions of Manufacturing ERP & Supply chain

Company size

Auth Capital

₹ 8.0 Cr

Paidup Capital

₹ 4.7 Cr

Revenue

₹ 300-400 cr

Key Metrics

** All rupee values in INR crores. Based on March 2024 numbers.

Total Revenue

19.58%

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EBITDA

132.07%

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Net Profit

136.17%

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Networth

-14.51%

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Borrowings

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Assets

-15.75%

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Gross Margin

5.62

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Operating Margin

17.29

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Net Profit Margin

13.28

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Return on Equity

67.21

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ROCE

81.55

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Debt to Equity

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Sales

Mar 2024

Net worth

Mar 2024

Locations

India (5)

State	Type	Address

Locations on Map

People

Designation	Name	DIN/PAN	Tenure
Director	Nalin Mittal	02170896	3 years
Director	Padala Ramkrishna Rao	09854951	2 years
Director	Heena Nikhil Shah	10099961	1 years

Financial Highlights

Financials upto March 2024 available in Tofler Pro

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Margins

Gross margin

Operating margin

Net margin

Balance Sheet

Standalone

Consolidated

₹

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	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Equity Capital	4.7	4.7	4.7	4.7	4.7
Reserves	391.3	425.8	475.3	550.9	105.6
Borrowings +	-	-	-	-	-
Long term borrowings	-	-	-	-	-
Short term borrowings	-	-	-	-	-
Trade payables +	5.5	6.2	4.8	2.5	23.9
Days payable	-	125.0	103.0	-	-
Other liabilities +	42.9	55.0	60.4	38.0	43.0
Other non-current liabilities	11.3	27.7	25.2	7.6	3.7
Other current liabilities	26.1	21.1	30.5	27.9	15.4
Total liabilities	438.9	485.5	540.4	593.6	153.3
Fixed Assets +	10.6	18.7	16.9	14.2	6.4
Tangible assets	10.5	18.6	16.8	14.2	6.4
CWIP	-	-	-	-	-
Intangible assets	0.1	0.1	-	-	-
LT loans and advances	-	-	-	-	-
Other non-current assets	262.8	271.5	274.5	21.2	20.6
Current assets +	165.5	195.3	249.0	558.2	126.3
Inventories	-	-	-	-	-
Trade receivables	42.9	43.6	40.2	40.7	75.3
Cash and cash equivalents	38.3	52.6	26.2	12.9	22.4
ST loans and advances	-	-	-	-	-
Other current assets	84.3	99.0	182.7	504.6	28.6
Total assets	438.9	485.5	540.4	593.6	153.3

Percentage of assets	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Equity Capital	1.07	0.97	0.87	0.79	3.07
Reserves	89.15	87.7	87.96	92.8	68.86
Borrowings +	0.0	0.0	0.0	0.0	0.0
Long term borrowings	0.0	0.0	0.0	0.0	0.0
Short term borrowings	0.0	0.0	0.0	0.0	0.0
Trade payables	1.25	1.27	0.88	0.42	15.59
Other liabilities +	9.78	11.33	11.17	6.41	28.07
Other non-current liabilities	2.58	5.71	4.66	1.29	2.42
Other current liabilities	5.95	4.35	5.64	4.7	10.06
Total liabilities
Fixed Assets +	2.42	3.85	3.12	2.39	4.17
Tangible assets	2.4	3.83	3.12	2.39	4.15
CWIP	0.0	0.0	0.0	0.0	0.0
Intangible assets	0.03	0.02	0.01	0.0	0.01
LT loans and advances	0.0	0.0	0.0	0.0	0.0
Other non-current assets	59.87	55.93	50.8	3.57	13.45
Current assets +	37.71	40.22	46.08	94.04	82.38
Inventories	0.0	0.0	0.0	0.0	0.0
Trade receivables	9.77	8.98	7.43	6.86	49.11
Cash and cash equivalents	8.73	10.84	4.84	2.17	14.6
ST loans and advances	0.0	0.0	0.0	0.0	0.0
Other current assets	19.21	20.4	33.81	85.0	18.66
Total assets

Total assets

Charges on assets

As per information available, the company has no registered charges.

Company Network

Companies connected through Directors

Name	Status	Paid up Capital	Common Directors	Address
ALLYIS INDIA PRIVATE LIMITED	Active	80.0 L	1	Telangana
CONCEPT2SILICON SYSTEMS PRIVATE LIMITED	Amalgamated	1.5 L	1	Karnataka
ZEN3 INFOSOLUTIONS PRIVATE LIMITED	Active	1.0 Cr	1	Telangana
HCL SOFTWARE LIMITED	Strike Off	5.0 L	1
CJS SOLUTIONS GROUP (INDIA) PRIVATE LIMITED	Active	1.0 L	1	Maharashtra
TECH MAHINDRA DEFENCE TECHNOLOGIES LIMITED	Active	1.0 Cr	1	Maharashtra

Subsidiary Companies

Name	State / Country	Incorporation Year	Paidup Capital
Thirdware Solution Inc, USA	United States	-	-
Thirdware Solution Inc	United States	-	-

Tofler Score

Poor

Fair

Good

Very Good

Excellent

Risk

Severe Risk

No risks identified

Moderate Risk

No risks identified

Low Risk

No risks identified

About Tofler Score

Tofler Score measures the quality of performance and integrity of a company. It is dependent on three key factors - Sustainability, Governance, and Growth.

CIN

U72900MH1995PLC089765

PAN

AABCT0556A

Incorporation

1995, 30.1 years

Company Email

Hemant.More@techmahindra.com

Paid up Capital

₹ 4.7 Cr

Authorised Capital

₹ 8.0 Cr

AGM

Jul 2024

Type

Public

Others

FAQ - THIRDWARE SOLUTION LIMITED

What is the incorporation date of THIRDWARE SOLUTION LIMITED?

The incorporation date of THIRDWARE SOLUTION LIMITED is 20 June, 1995

What is the authorized share capital of THIRDWARE SOLUTION LIMITED?

The authorized share capital of THIRDWARE SOLUTION LIMITED is INR ₹ 8.0 Cr.

What is the paid-up capital of THIRDWARE SOLUTION LIMITED?

The paid-up capital of THIRDWARE SOLUTION LIMITED is INR ₹ 4.7 Cr.

What is the registered address of THIRDWARE SOLUTION LIMITED?

The registered address of THIRDWARE SOLUTION LIMITED is Oberoi Garden Estate, Near Chandivali Studio Wing-I, Andheri (E), Mumbai, Mumbai, Mumbai, Mumbai, Maharashtra, India, 400072 - 400072

What is the CIN number of THIRDWARE SOLUTION LIMITED?

The CIN number of THIRDWARE SOLUTION LIMITED is U72900MH1995PLC089765.

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