Atherm Thermal Solutions India Private Limited

Atherm Thermal Solutions India Private Limited - machinery and equipment in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U29253KA2009PTC051972 Incorporated 29 December 2009 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company machinery and equipment
Data last updated
Revenue · FY 2021
₹7.35 Cr
▼ 15% YoY
Net loss · FY 2021
₹77.17 Lakh
Net margin -10.5%
EBITDA · FY 2021
-₹64.96 Lakh
EBITDA margin -8.8%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Company age
17 yrs
Est. 2009
Employees · EPFO
6
Provident fund records
Directors on board
2
As per MCA filings

About Atherm Thermal Solutions India Private Limited

Data last updated:

Atherm Thermal Solutions India Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Atherm Sas. It operates in the industrial machine tools segment of the machinery and industrial equipment sector. It was incorporated on 29 December 2009 and has been in existence for over 17 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29253KA2009PTC051972. Its GSTIN is 29AAICA1633Q1Z8 (Karnataka). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Clement Pierre Sylvain Ribeaud and Ramanathan Magesh.

Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Bangalore, Karnataka.

As per the financials filed for FY 2021, the company reported a revenue of ₹7.35 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net loss of ₹77.17 Lakh (net margin -10.5%) and EBITDA of -₹64.96 Lakh (EBITDA margin -8.8%). Revenue has declined at a compounded annual rate (CAGR) of 9% over three years and 6% over five years.

The company has about 6 employees on its provident fund (EPFO) records.

The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U29253KA2009PTC051972
Registration Number 051972
Incorporation Date 29 December 2009
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 November 2021
Date of Balance Sheet 31 March 2021
Parent Company Atherm Sas
Compliance Status Active Compliant

Contact details

Atherm Thermal Solutions India Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Site No: 23 Jangalpalya Village Near Abhai Sai School Jigani Hobli Ane, Kal Taluk, Bangalore, Karnataka, India – 560083
  • Industry
    Machinery and Equipment, Industrial Machine Tools

To see the full contact details of Atherm Thermal Solutions India Private Limited, buy the company report.

Comprehensive company report
Atherm Thermal Solutions India Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Atherm Thermal Solutions India is manufacturing. In detail, this covers metal and metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC7Metal and metal products

To see the full business activity and turnover split of Atherm Thermal Solutions India Private Limited, buy the company report.

Financials of Atherm Thermal Solutions India Private Limited

FY 2021 filings available

Atherm Thermal Solutions India Private Limited reported revenue of ₹7.35 Cr (down 15% YoY) for FY 2021.

Revenue · FY 2021
₹7.35 Cr ▼ 15%
Net loss · FY 2021
₹77.17 Lakh margin -10.5%
EBITDA · FY 2021
-₹64.96 Lakh margin -8.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 15%
3 years · compounded
▼ 9%
5 years · compounded
▼ 6%
EBITDA CAGR growth
1 year
▼ 394%
3 years · compounded
▲ 24%
5 years · compounded
▼ 40%

Revenue has declined at a compounded annual rate (CAGR) of 6% over five years, including a 15% fall in the latest year. EBITDA fell 394% 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

MetricsFY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
Profit and Loss Statement
Revenue from Operations₹7.35 Cr
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹64.96 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹77.17 Lakh
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
Profitability
EBITDA Margin-8.8%
Net Profit Margin-10.5%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Atherm Thermal Solutions India Private Limited, buy the company report.

Board of directors of Atherm Thermal Solutions India Private Limited

Atherm Thermal Solutions India has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Clement Pierre Sylvain RibeaudDirector08 Jul 201412 Years 3 MonthsCurrent
Ramanathan MageshDirector22 Mar 20197 Years 7 MonthsCurrent

Auditor

Atherm Thermal Solutions India Private Limited is audited by HEGDE AND MORE for the financial year 2021.

Auditor firmFinancial yearFirm registration number
HEGDE AND MOREFY 2021015315S

Shareholding

The shareholding of Atherm Thermal Solutions India Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2021FY 2020FY 2019FY 2018FY 2017
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Atherm Thermal Solutions India Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Atherm Thermal Solutions India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Atherm Thermal Solutions India Private Limited has a workforce of 6 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.

Employee count
6
Active EPFO establishments
1
Employee growth
-33.33%

GST

Atherm Thermal Solutions India has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
29AAICA1633Q1Z8KarnatakaActive01 Jul 2017

To see the full GST registrations and return filing status of Atherm Thermal Solutions India Private Limited, buy the company report.

Recent activity

Atherm Thermal Solutions India Private Limited has 6 board changes on record since 2014: 2 appointments and 4 cessations. The latest: Ramanathan Magesh ceased to be Additional Director on 27 Sep 2019.

AGM
Atherm Thermal Solutions India Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.
Filing
Atherm Thermal Solutions India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Bangalore.
Ceased
Ramanathan Magesh ceased to be Additional Director.
Ceased
Jean Francois Savard ceased to be Director.
Appointed
Ramanathan Magesh was appointed as Director.
Ceased
Michel Andre Teytu ceased to be Director.
Ceased
Romain Lecot ceased to be Additional Director.
Appointed
Clement Pierre Sylvain Ribeaud was appointed as Director.
Incorporation
29 Dec 2009
Atherm Thermal Solutions India Private Limited was registered on 29 Dec 2009 with Roc Bangalore & aged 16 years 10 months as per MCA records.

Frequently asked questions

Atherm Thermal Solutions India is an active private limited company based in Bangalore, Karnataka, India. The company works in industrial machine tools, within the machinery and equipment industry. It was incorporated on 29 December 2009 (17+ years old) and is registered under CIN U29253KA2009PTC051972.

Atherm Thermal Solutions India has 2 current directors:

The latest financial statements of Atherm Thermal Solutions India on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.

The GSTIN of Atherm Thermal Solutions India is 29AAICA1633Q1Z8, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

The CIN (Corporate Identification Number) of Atherm Thermal Solutions India is U29253KA2009PTC051972. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Atherm Thermal Solutions India was incorporated on 29 December 2009, making it 17+ years old. It is registered with the Registrar of Companies, Bangalore.

Ramanathan Magesh ceased to be Additional Director on 27 Sep 2019. Jean Francois Savard ceased to be Director on 22 Mar 2019. Ramanathan Magesh was appointed as Director on 22 Mar 2019. Atherm Thermal Solutions India has 6 board changes on record in total.

The registered office of Atherm Thermal Solutions India is at Site No: 23 Jangalpalya Village Near Abhai Sai School Jigani Hobli Ane, Kal Taluk, Bangalore, Karnataka, India – 560083.

Atherm Thermal Solutions India operates in the machinery and equipment industry, in the industrial machine tools segment.

The compliance status of Atherm Thermal Solutions India is compliant as of 19 September 2026. The company is actively filing with the Registrar of Companies.