Asiatic Thermics Limited
About Asiatic Thermics Limited
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Asiatic Thermics Limited is a public limited company based in Kanpur, Uttar Pradesh, India, a subsidiary of The India Thermit Corporation Limited. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 30 December 1961 and has been in existence for over 65 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U29299UP1961PLC010666. Its GSTIN is 09AABCA1748H1ZS (Uttar Pradesh). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹98.88 Lakh. It is led by directors including Pramod Kumar Nigam and Prabal Gupta Kumar.
Its last annual general meeting (AGM) was held on 20 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 84/22 Fazalganj Kanpur, Uttar Pradesh, India – 208012.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.57 Cr, a decline of 17% compared to the previous year. For the same year it recorded a net profit of ₹11.34 Lakh (net margin 2.5%) and EBITDA of ₹52.06 Lakh (EBITDA margin 11.4%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 4% over five years.
The company has about 20 employees on its provident fund (EPFO) records.
Court records list 6 cases involving the company, including 2 filed by the company and 4 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Asiatic Thermics has one previous CIN (Corporate Identification Number): L29299UP1961PLC010666. The current CIN is U29299UP1961PLC010666, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29299UP1961PLC010666 | Current |
| L29299UP1961PLC010666 | Previous |
Contact details
Asiatic Thermics Limited's registered office is in Kanpur, Uttar Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address84/22 Fazalganj Kanpur, Uttar Pradesh, India – 208012
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Asiatic Thermics Limited, buy the company report.
- 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
Business activity
The main business activities of Asiatic Thermics are transport and storage and manufacturing. In detail, this covers land transport via railways & pipelines and electrical equipment, general purpose and special purpose machinery & equipment, transport equipment. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H2 | Land transport via Railways & Pipelines | |
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Asiatic Thermics Limited, buy the company report.
Financials of Asiatic Thermics Limited
FY 2024 filings availableAsiatic Thermics Limited reported revenue of ₹4.57 Cr (down 17% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 17% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA fell 11% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Total Expenses | |||||
| EBITDA | ₹52.06 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹11.34 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.4% | ||||
| Net Profit Margin | 2.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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| Net Profit Growth | |||||
To see the full financial statements and ratios of Asiatic Thermics Limited, buy the company report.
Board of directors of Asiatic Thermics Limited
Asiatic Thermics has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pramod Kumar Nigam Also directs: Thermit Arasan India Limited, Nagory Innovative Arts Private Limited, Bina Carbide & Chemicals Limited and 2 more | Director | 10 Oct 2008 | 18 Years 1 Months | Current |
| Prabal Gupta Kumar Also directs: Thermit Arasan India Limited | Director | 12 Jun 2020 | 6 Years 5 Months | Current |
| Ashok Maheshwari Also directs: Thermit Arasan India Limited, Thermit-Thormahlen India Limited | Director | 11 Nov 2023 | 3 Years 0 Months | Current |
Auditor
Asiatic Thermics Limited is audited by B.SIGTIA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B.SIGTIA & CO. | FY 2023 | 006934C |
Shareholding
The shareholding of Asiatic Thermics Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Asiatic Thermics Limited, buy the company report.
Legal cases
Asiatic Thermics Limited has 6 court cases on record: 2 filed by Asiatic Thermics, 4 filed against it. 3 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 4 | 2 |
| High courts | 1 | 0 | 1 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, UTTARPRADESH | Court case (FAFO) | Filed by the company against Branch Manager United India Insurance Company Limited and 3 Others and 3 others | Pending |
| District court, Kanpur Dehat, Uttar Pradesh | Criminal case | Filed against the company by State | Pending |
| District court, Kanpur Nagar, Uttar Pradesh | Court case (Complaint Cases) | Filed by the company against an individual | Pending |
| District court, Kanpur Dehat, Uttar Pradesh | Criminal case | Filed against the company by State | Disposed |
| District court, Varanasi, Uttar Pradesh | Criminal case | Filed against the company by State of U.P. | Disposed |
To see the full case history of Asiatic Thermics Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Asiatic Thermics Limited has 1 MSME Form 1 return on record, listing 3 overdue payments to 3 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Modi Ram Ram Lal |
To see the full MSME payment records of Asiatic Thermics Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Asiatic Thermics Limited has a workforce of 20 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 20 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Asiatic Thermics Limited, buy the company report.
GST
Asiatic Thermics has 4 GST registrations: 2 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AABCA1748H1ZS | Uttar Pradesh | Active | 01 Jul 2017 |
| 372200000690ARZ | Andhra Pradesh | Active | 24 Jan 2022 |
To see the full GST registrations and return filing status of Asiatic Thermics Limited, buy the company report.
Recent activity
Asiatic Thermics Limited has 9 board changes on record since 2008: 3 appointments and 6 cessations. The latest: Ashok Maheshwari ceased to be Additional Director on 19 Sep 2024.
Frequently asked questions
Asiatic Thermics is an active public limited company based in Kanpur, Uttar Pradesh, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 30 December 1961 (65+ years old) and is registered under CIN U29299UP1961PLC010666.
Asiatic Thermics has 3 current directors:
- Pramod Kumar Nigam - Director
- Prabal Gupta Kumar - Director
- Ashok Maheshwari - Director
The latest financial statements of Asiatic Thermics on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 20 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Asiatic Thermics is 09AABCA1748H1ZS, registered in Uttar Pradesh. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 372200000690ARZ (Andhra Pradesh).
The CIN (Corporate Identification Number) of Asiatic Thermics is U29299UP1961PLC010666. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Asiatic Thermics has 6 court cases on record: 2 filed by the company and 4 filed against it. 3 are pending. Most are in the district courts.
Asiatic Thermics was incorporated on 30 December 1961, making it 65+ years old. It is registered with the Registrar of Companies, Kanpur.
Ashok Maheshwari ceased to be Additional Director on 19 Sep 2024. Ashok Maheshwari was appointed as Director on 11 Nov 2023. Arun Kumar Nagory ceased to be Director on 24 Dec 2020. Asiatic Thermics has 9 board changes on record in total.
Asiatic Thermics has 1 MSME Form 1 return on record, listing 3 overdue payments to 3 micro and small suppliers. The latest return was filed on 28 May 2019.
The registered office of Asiatic Thermics is at 8422 Fazalganj Kanpur, Uttar Pradesh, India – 208012.
Asiatic Thermics operates in the machinery and equipment industry, in the industrial machinery manufacturing segment.
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