Benefits

Dashboard

See Price & Plans

Not registered yet? Get a free account.

Tt Steel Service India
Location
People
Financials
- Financial Highlights
- Balance Sheet
- Profit & Loss
- Ratios
Charges
Network
T. Score
Registered Details

TT STEEL SERVICE INDIA PRIVATE LIMITED

All Companies ›

Karnataka ›

Manufacturing of Chemical Products ›

Active

Updated: 18 Feb 2026

TT Steel Service India Private Limited is a steel service company specializing in the processing and distribution of steel products. It offers a wide range of services including laser cutting, bending, and surface treatment, serving various industries such as automotive, construction, and manufacturing, while ensuring precision and quality in all operations.

Tt Steel Service India Private Limited, is an unlisted private company incorporated on 20 June, 2014. It is classified as a private limited company and is located in , Karnataka. It's authorized share capital is INR 142.01 cr and the total paid-up capital is INR 141.98 cr.

Subscription Plans

Industry and products

Manufacturing (Metals & Chemicals and their products)

brown and steam rice, wheat flour, and other related product

Company size

Auth Capital

₹ 142.0 Cr

Paidup Capital

₹ 142.0 Cr

Revenue

₹ 4000-4250 cr

Key Metrics

** All rupee values in INR crores. Based on March 2025 numbers.

Total Revenue

-4.39%

₹ 4,163.6

EBITDA

18.67%

₹ 157.3

Net Profit

45.71%

₹ 53.0

Networth

35.38%

₹ 186.8

Borrowings

9.41%

₹ 633.7

Assets

6.19%

₹ 1,332.3

Gross Margin

0.6

7.0 %

Operating Margin

0.74

3.8 %

Net Profit Margin

0.43

1.3 %

Return on Equity

2.01

28.4 %

ROCE

-3.12

51.4 %

Debt to Equity

-0.81

3.4

Sales

Mar 2025

Net worth

Mar 2025

Buy Report or Plans

Dashboards

Popular Plan

Company dashboard

₹ 449
- Five year financials and ratios
- Risk analysis
- Interactive charts

Buy credits

View subscriptions

MCA Fillings

All financials

₹ 349
- All financials
- All annual returns
- MoA and AoA
1 Year

₹ 249
- Latest financials
- Latest annual return
- MoA and AoA

PDF Reports

Financial report

₹ 799
- Five year financials and ratios
- Shareholding and group structure
Financial+Litigation report

₹ 1299
- Everything in financial report
- Litigation report on the company
Due diligence report

₹ 2999
- Everything in financial+litigation report
- Peers and financials

* GST not included

** Reports & MCA filings will be based on the latest available financials.

** Delivery timelines are on best-effort basis during working hours. Filings 3-4 hours. Reports 24-48 hours.

Locations

India (8)

State	Type	Address

Locations on Map

People

Designation	Name	DIN/PAN	Tenure
Director	Tomoaki Sasaki	10489313	1 years
Director	Jun Shiratori	10546758	1 years
Additional Director	Keita Hayashi	10563510	2 years
Director	Naoki Sahashi	09550617	3 years

Financial Highlights

** All numbers in INR crores

	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Sales	1,076.1	2,070.1	3,150.3	4,345.9	4,150.5
Operating profit	-7.4	64.4	94.4	132.6	157.3
Net profit	-38.4	23.3	16.8	36.4	53.0
Gross margin	6.4	7.6	6.6	6.4	7.0
Operating margin	-0.7	3.1	3.0	3.0	3.8
Net margin	-3.6	1.1	0.5	0.8	1.3
Networth	62.0	85.2	102.7	138.0	186.8
Borrowings	284.1	513.9	620.7	579.2	633.7
Assets	693.9	1,080.7	1,161.4	1,254.7	1,332.3
Debt to equity	4.6	6.0	6.0	4.2	3.4
Current ratio	0.9	0.9	1.0	1.0	1.1
ROE	-61.9	27.4	16.4	26.4	28.4
Days payable	78.0	57.0	44.0	39.0	36.0
WC days	-24.0	-11.0	-5.0	1.0	6.0

Margins

Gross margin

Operating margin

Net margin

Balance Sheet

Standalone

Consolidated

₹

** All numbers in INR crores

	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	142.0	142.0	142.0	142.0	142.0
Reserves	-80.0	-56.8	-39.3	-4.0	44.8
Borrowings +	284.1	513.9	620.7	579.2	633.7
Long term borrowings	20.8	12.4	8.5	26.4	25.0
Short term borrowings	263.3	501.4	612.2	552.9	608.7
Trade payables +	214.5	298.2	352.7	433.1	383.0
Days payable	78.0	57.0	44.0	39.0	36.0
Other liabilities +	347.9	481.7	438.1	537.4	511.7
Other non-current liabilities	72.8	58.5	60.1	80.7	95.2
Other current liabilities	60.6	125.0	25.2	23.6	33.5
Total liabilities	693.9	1,080.7	1,161.4	1,254.7	1,332.3
Fixed Assets +	164.1	147.1	144.1	170.5	166.7
Tangible assets	155.1	135.0	132.8	156.8	159.4
CWIP	1.9	5.3	4.6	7.2	1.3
Intangible assets	7.2	6.8	6.7	6.4	6.0
LT loans and advances	13.4	13.3	-	-	-
Other non-current assets	50.0	56.5	66.4	62.7	73.3
Current assets +	466.4	863.8	951.0	1,021.5	1,092.3
Inventories	217.9	472.0	594.2	567.5	681.9
Trade receivables	178.6	336.2	308.7	430.1	365.8
Cash and cash equivalents	4.8	3.1	14.1	5.5	5.7
ST loans and advances	1.6	1.7	-	-	-
Other current assets	63.6	50.9	33.9	18.5	38.9
Total assets	693.9	1,080.7	1,161.4	1,254.7	1,332.3

Percentage of assets	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	20.46	13.14	12.23	11.32	10.66
Reserves	-11.53	-5.25	-3.38	-0.32	3.37
Borrowings +	40.94	47.55	53.44	46.17	47.57
Long term borrowings	2.99	1.15	0.73	2.1	1.88
Short term borrowings	37.94	46.39	52.71	44.06	45.69
Trade payables	30.91	27.59	30.37	34.52	28.75
Other liabilities +	50.13	44.57	37.72	42.83	38.41
Other non-current liabilities	10.49	5.41	5.17	6.43	7.15
Other current liabilities	8.73	11.56	2.17	1.88	2.51
Total liabilities
Fixed Assets +	23.65	13.61	12.41	13.59	12.51
Tangible assets	22.34	12.49	11.44	12.5	11.96
CWIP	0.27	0.49	0.4	0.58	0.1
Intangible assets	1.03	0.63	0.57	0.51	0.45
LT loans and advances	1.94	1.23	0.0	0.0	0.0
Other non-current assets	7.2	5.23	5.72	4.99	5.5
Current assets +	67.22	79.93	81.88	81.42	81.99
Inventories	31.41	43.67	51.16	45.23	51.18
Trade receivables	25.74	31.11	26.58	34.28	27.46
Cash and cash equivalents	0.69	0.28	1.22	0.44	0.43
ST loans and advances	0.22	0.15	0.0	0.0	0.0
Other current assets	9.16	4.71	2.92	1.47	2.92
Total assets

	Mar 2024	Mar 2025
Equity Capital	142.0	142.0
Reserves	1.1	53.7
Borrowings +	579.2	633.7
Long term borrowings	26.4	25.0
Short term borrowings	552.9	608.7
Trade payables +	433.1	383.0
Days payable	39.0	36.0
Other liabilities +	537.4	511.8
Other non-current liabilities	80.7	95.2
Other current liabilities	23.6	33.5
Total liabilities	1,259.8	1,341.1
Fixed Assets +	170.5	166.7
Tangible assets	156.8	159.4
CWIP	7.2	1.3
Intangible assets	6.4	6.0
LT loans and advances	-	-
Other non-current assets	67.8	82.1
Current assets +	1,021.5	1,092.3
Inventories	567.5	681.9
Trade receivables	430.1	365.8
Cash and cash equivalents	5.5	5.7
ST loans and advances	-	-
Other current assets	18.5	38.9
Total assets	1,259.8	1,341.1

Percentage of assets	Mar 2024	Mar 2025
Equity Capital	11.27	10.59
Reserves	0.09	4.0
Borrowings +	45.98	47.25
Long term borrowings	2.1	1.86
Short term borrowings	43.89	45.39
Trade payables	34.38	28.56
Other liabilities +	42.66	38.16
Other non-current liabilities	6.4	7.1
Other current liabilities	1.88	2.5
Total liabilities
Fixed Assets +	13.53	12.43
Tangible assets	12.45	11.89
CWIP	0.57	0.1
Intangible assets	0.51	0.45
LT loans and advances	0.0	0.0
Other non-current assets	5.38	6.12
Current assets +	81.09	81.45
Inventories	45.05	50.84
Trade receivables	34.14	27.28
Cash and cash equivalents	0.43	0.43
ST loans and advances	0.0	0.0
Other current assets	1.47	2.9
Total assets

Total assets

Profit & Loss

Standalone

Consolidated

₹

** All numbers in INR crores

	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Sales +	1,076.1	2,070.1	3,150.3	4,345.9	4,150.5
Sales growth %	-18.54	92.37	52.19	37.95	-4.5
Expenses +	1,137.1	2,058.6	3,130.5	4,298.9	4,082.4
Cost of goods	1,007.4	1,912.6	2,941.7	4,066.2	3,858.2
Employee cost	37.5	38.5	42.9	49.4	47.2
Other costs	38.6	54.5	71.3	97.8	87.7
Operating profit +	-7.4	64.4	94.4	132.6	157.3
Operating margin %	-0.7	3.1	3.0	3.0	3.8
Other income	2.9	4.3	6.0	8.7	13.1
Interest	25.7	25.7	45.3	52.4	52.0
Depreciation	28.0	27.3	29.3	33.1	37.2
Exceptional items	-	-	-	-	-
Profit before tax	-58.1	15.8	25.9	55.7	81.2
Tax	-19.8	-7.6	9.0	19.4	28.2
Profit - disc. ops	-	-	-	-	-
Net profit	-38.4	23.3	16.8	36.4	53.0
Net margin %	-3.6	1.1	0.5	0.8	1.3

Precentage of total income	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Sales	99.73	99.79	99.81	99.8	99.69
Expenses +	105.39	99.24	99.18	98.72	98.05
Cost of goods	93.37	92.2	93.2	93.38	92.67
Employee cost	3.47	1.86	1.36	1.13	1.13
Other costs	3.57	2.63	2.26	2.25	2.11
Operating profit	-0.68	3.11	2.99	3.04	3.78
Other income	0.27	0.21	0.19	0.2	0.31
Interest	2.38	1.24	1.43	1.2	1.25
Depreciation	2.59	1.32	0.93	0.76	0.89
Exceptional items	0.0	0.0	0.0	0.0	0.0
Profit before tax	-5.39	0.76	0.82	1.28	1.95
Tax	-1.83	-0.37	0.29	0.44	0.68
Profit - disc. ops	0.0	0.0	0.0	0.0	0.0
Net profit	-3.56	1.12	0.53	0.84	1.27

	Mar 2024	Mar 2025
Sales +	4,345.9	4,150.5
Sales growth %	None	-4.5
Expenses +	4,298.9	4,082.4
Cost of goods	4,066.2	3,858.2
Employee cost	49.4	47.2
Other costs	97.8	87.7
Operating profit +	132.6	157.3
Operating margin %	3.0	3.8
Other income	8.7	13.1
Interest	52.4	52.0
Depreciation	33.1	37.2
Exceptional items	-	-
Profit before tax	55.7	81.2
Tax	19.4	28.2
Profit - disc. ops	-	-
Net profit	39.1	56.7
Net margin %	0.9	1.4

Precentage of total income	Mar 2024	Mar 2025
Sales	99.8	99.69
Expenses +	98.72	98.05
Cost of goods	93.38	92.67
Employee cost	1.13	1.13
Other costs	2.25	2.11
Operating profit	3.04	3.78
Other income	0.2	0.31
Interest	1.2	1.25
Depreciation	0.76	0.89
Exceptional items	0.0	0.0
Profit before tax	1.28	1.95
Tax	0.44	0.68
Profit - disc. ops	0.0	0.0
Net profit	0.9	1.36

Revenue from operations

Ratios

Standalone

Consolidated

	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Solvency +
Total Debt/Equity	4.6	6.0	6.0	4.2	3.4
Net Debt/Equity	4.5	6.0	5.9	4.2	3.4
Total Debt/Assets	0.4	0.5	0.5	0.5	0.5
Total Assets/Equity	11.2	12.7	11.3	9.1	7.1
Liquidity +
Current Ratio	0.9	0.9	1.0	1.0	1.1
Quick Ratio	0.5	0.4	0.4	0.5	0.4
Interest Coverage	-0.3	2.5	2.1	2.5	3.0
Performance
Gross Margin	6.4	7.6	6.6	6.4	7.0
Operating Margin	-0.7	3.1	3.0	3.0	3.8
Net Margin	-3.6	1.1	0.5	0.8	1.3
Return +
Return on Equity	-61.9	27.4	16.4	26.4	28.4
Pre-tax ROCE	-38.4	43.0	62.1	54.5	51.4
Return on Assets	-5.5	2.2	1.4	2.9	4.0
Pre-tax ROIC	-10.3	6.2	9.2	14.0	14.7
Efficiency +
Days Payable	78.0	57.0	44.0	39.0	36.0
Days Inventory	79.0	90.0	74.0	51.0	65.0
Days Receivable	61.0	59.0	36.0	36.0	32.0
Fixed Asset Turnover	6.6	14.1	21.9	25.5	24.9
Total Asset Turnover	1.6	1.9	2.7	3.5	3.1
Working Capital
Cash Conversion Cycle	62.0	92.0	66.0	48.0	61.0
Working Capital Days	-24.0	-11.0	-5.0	1.0	6.0

	Mar 2024	Mar 2025
Solvency +
Total Debt/Equity	4.0	3.2
Net Debt/Equity	4.0	3.2
Total Debt/Assets	0.5	0.5
Total Assets/Equity	8.8	6.9
Liquidity +
Current Ratio	1.0	1.1
Quick Ratio	0.5	0.4
Interest Coverage	2.5	3.0
Performance
Gross Margin	6.4	7.0
Operating Margin	3.0	3.8
Net Margin	0.9	1.4
Return +
Return on Equity	27.4	29.0
Pre-tax ROCE	54.5	51.4
Return on Assets	3.1	4.2
Pre-tax ROIC	13.9	14.6
Efficiency +
Days Payable	39.0	36.0
Days Inventory	51.0	65.0
Days Receivable	36.0	32.0
Fixed Asset Turnover	25.5	24.9
Total Asset Turnover	3.5	3.1
Working Capital
Cash Conversion Cycle	48.0	61.0
Working Capital Days	1.0	6.0

Ratios

Current ratio

Debt/equity ratio

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
ARCELORMITTAL NEEL TT PRIVATE LIMITED	Active	13.0 Cr	2	Gujarat
MIRRA AND MIRRA INDUSTRIES PRIVATE LIMITED	Active	91.0 L	1	Tamil Nadu
TOYOTSU SUZUTOYO SPECIAL STEEL PROCESSING INDIA PRIVATE LIMITED	Active	16.0 Cr	1	Karnataka
MARUICHI KUMA STEEL TUBE PRIVATE LIMITED	Active	13.9 Cr	1	Haryana
TT RECYCLING MANAGEMENT INDIA PRIVATE LIMITED	Active	27.5 Cr	2	Karnataka
TOYOTA TSUSHO SYSTEMS INDIA PRIVATE LIMITED	Active	6.0 Cr	1	Karnataka
TOYOTA TSUSHO INDIA PRIVATE LIMITED	Active	463.9 Cr	1	Karnataka
TOYOTETSU INDIA PRIVATE LIMITED	Active	74.1 Cr	1	Karnataka

Tofler Score

Good

Poor

Fair

Good

Very Good

Excellent

Risk

Severe Risk

No risks identified

Moderate Risk

HIGH LEVERAGE
LOW CASH BALANCE

Low Risk

ROCE DETERIORATING

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

U28111KA2014PTC074964

PAN

AAFCT0414M

Incorporation

2014, 11.7 years

Company Email

meghana[at]ttssi[dot]co[dot]in

Paid up Capital

₹ 142.0 Cr

Authorised Capital

₹ 142.0 Cr

AGM

Sep 2025

Type

Private

Others

FAQ - TT STEEL SERVICE INDIA PRIVATE LIMITED

What is the incorporation date of TT STEEL SERVICE INDIA PRIVATE LIMITED?

The incorporation date of TT STEEL SERVICE INDIA PRIVATE LIMITED is 20 June, 2014

What is the authorized share capital of TT STEEL SERVICE INDIA PRIVATE LIMITED?

The authorized share capital of TT STEEL SERVICE INDIA PRIVATE LIMITED is INR ₹ 142.0 Cr.

What is the paid-up capital of TT STEEL SERVICE INDIA PRIVATE LIMITED?

The paid-up capital of TT STEEL SERVICE INDIA PRIVATE LIMITED is INR ₹ 142.0 Cr.

What is the registered address of TT STEEL SERVICE INDIA PRIVATE LIMITED?

The registered address of TT STEEL SERVICE INDIA PRIVATE LIMITED is PLOT NO. 33 & 34, BIDADI INDUSTRIAL AREA RAMANAGARA TALUK & DISTRICT, Bangalore Rural, RAMANAGARA, Karnataka, India, 562109 - 562109

What is the CIN number of TT STEEL SERVICE INDIA PRIVATE LIMITED?

The CIN number of TT STEEL SERVICE INDIA PRIVATE LIMITED is U28111KA2014PTC074964.

Smart Suggestions

Uttar Pradesh
Haryana
Jammu & Kashmir
Punjab
Goa
Madhya Pradesh
Kerala
Gujarat
Andhra Pradesh
Telangana
Blog Categories
Top Blog post
Financial Resources

Tofler, TWS Systems Private Limited and its officers respect the Intellectual Property Rights of all people. Tofler makes no claim of ownership or affiliation with any trademark (REGISTERED OR UNREGISTERED) that forms part of any Company/LLP name listed on this page. Trademarks, if any, listed on this page belong to... Read More

TT STEEL SERVICE INDIA PRIVATE LIMITED

Leave site?

Buy Dashboard using Credits

Just a Quick Check!

Buy Report or Plans

Dashboards

Company dashboard

Buy credits

View subscriptions

MCA Fillings

All financials

1 Year

PDF Reports

Financial report

Financial+Litigation report

Due diligence report

Choose number of credits to buy

₹ 449 + GST

Locations

Locations on Map

Filter (4)

Select Tags

Choose Location

People

Financial Highlights

Margins

Balance Sheet

Total assets

Profit & Loss

Revenue from operations

Ratios

Ratios

Charges on assets

Company Network