N,N'-Dimethylol thiourea-formaldehyde (DMTUF) resin having the methylol group (CH2OH) has been prepared and characterized. The condensation of DMTUF resin with Phenol (P) was carried out in the presence of alcoholic alkali catalyst at varying ratios of DMTUF: P, namely 1:1, 1:1.5 and 1:2. The resultant DMTUFP resin was characterized by elemental analysis, IR spectral studies, number average molecular weight ( M¯n ) estimated by non-aqueous conductometric titration, and thermo gravimetry. The curing study of DMTUFP resin with hexamethylene tetramine (HMTA) was monitored by differential scanning calorimetry (DSC) and kinetic parameters were evaluated. Glass-reinforced composites based on the DMTUFP-HMTA system have also been prepared and characterized.