Cardanol based epoxy thermosets and particulate SiO2 incorporated composite systems were developed by blending various ratios of commercial diglycidyl ethers of bisphenol‐A (DGEBA) with epoxidized cardanol (EPC) using melt mixing method followed by sonication. Physico chemical properties of the prepared resins were studied. Various percentage of SiO2 was incorporated in to the resin system [15% EPC + 85% DGEBA] (BEPC1)] to improve their thermo mechanical properties. The effect of loading content on the curing behavior, mechanical, and thermal properties were investigated by FT‐IR, mechanical tests, differential scanning calorimetry, and thermogravimetric analysis (TGA). Particle size and dispersion probability of SiO2 in the composites were studied by field emission scanning electron microscope. These studies showed that 1% SiO2 reinforced BEPC1 matrix system were effective in enhancing mechanical strength and thermal stability of composites. The prominent char residue value obtained in the TGA analysis predicted the good flame retardant property of the developed composite. This was evidenced in UL‐94 test and limited oxygen index (LOI) determination.