DPIIT recognised startup Government of India
Startup India
Heatbird Heating Solutions Private Limited
Heatbird Heating Solutions Private Limited - machinery and equipment in Vadodara, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹21.68 Lakh
▼ 70% YoY
Net loss · FY 2025
₹20.85 Lakh
Net margin -96.1%
EBITDA · FY 2025
-₹19.56 Lakh
EBITDA margin -90.2%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Directors on board
2
As per MCA filings
Active GSTINs
2
GST registered
About Heatbird Heating Solutions Private Limited
Data last updated:
Heatbird Heating Solutions Private Limited is a private limited company based in Vadodara, Gujarat, India, recognised as a startup by DPIIT. It operates in the industrial compressors and pneumatic systems segment of the machinery and industrial equipment sector. It was incorporated on 01 August 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51909GJ2020PTC115223. Its GSTIN is 24AAFCH3642H1ZS (Gujarat). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Jagdishchandra Hasmukhbhai Bhavsar and Ravikumar Jagdishchandra Bhavsar.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ambica Enterprises Makarpura 340 B7 Ambica Enterprises GIDC Makarpura, Vadodara, Gujarat, India – 390010.
As per the financials filed for FY 2025, the company reported a revenue of ₹21.68 Lakh, a decline of 70% compared to the previous year. For the same year it recorded a net loss of ₹20.85 Lakh (net margin -96.1%) and EBITDA of -₹19.56 Lakh (EBITDA margin -90.2%).
The company is associated with 1 brand: HeatBird.
Heatbird Heating Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0075323).
Company details
CIN U51909GJ2020PTC115223
Registration Number 115223
Incorporation Date 01 August 2020
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-GJ-24-0075323
Recognitions & Rankings of Heatbird Heating Solutions
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-24-0075323
Contact details
Heatbird Heating Solutions Private Limited's registered office is in Vadodara, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressAmbica Enterprises Makarpura 340 B7 Ambica Enterprises GIDC Makarpura, Vadodara, Gujarat, India – 390010
- IndustryMachinery and Equipment, Industrial Compressors & Pneumatic Systems
To see the full contact details of Heatbird Heating Solutions Private Limited, buy the company report.
Comprehensive company report
Heatbird Heating Solutions 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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Brands
Heatbird Heating Solutions operates one associated brand: HeatBird. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturer of industrial water immersion, tubular & coils heaters, and thermocouples | heatbird.com |
Business activity
The main business activity of Heatbird Heating Solutions is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Heatbird Heating Solutions Private Limited, buy the company report.
Financials of Heatbird Heating Solutions Private Limited
FY 2025 filings availableHeatbird Heating Solutions Private Limited reported revenue of ₹21.68 Lakh (down 70% YoY) for FY 2025.
Revenue · FY 2025
₹21.68 Lakh ▼ 70%
Net loss · FY 2025
₹20.85 Lakh margin -96.1%
EBITDA · FY 2025
-₹19.56 Lakh margin -90.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 70%
EBITDA CAGR growth
1 year
▼ 449%
3 years · compounded
▼ 91%
Revenue fell 70% in the latest year. EBITDA fell 449% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹19.56 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹20.85 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 | |||||
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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 | -90.2% | ||||
| Net Profit Margin | -96.1% | ||||
| 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 Heatbird Heating Solutions Private Limited, buy the company report.
Board of directors of Heatbird Heating Solutions Private Limited
Heatbird Heating Solutions has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jagdishchandra Hasmukhbhai Bhavsar | Director | 29 Jan 2021 | 5 Years 9 Months | Current |
| Ravikumar Jagdishchandra Bhavsar | Director | 01 Aug 2020 | 6 Years 3 Months | Current |
Auditor
Heatbird Heating Solutions Private Limited is audited by DURGA KRISHNAMURTHY & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DURGA KRISHNAMURTHY & CO | FY 2022 | 008653S |
Shareholding
The shareholding of Heatbird Heating Solutions Private Limited is on record for FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Heatbird Heating Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Heatbird Heating Solutions Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Heatbird Heating Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Heatbird Heating Solutions Private Limited has 1 active EPFO establishment as of Mar 21, 2024.
Active EPFO establishments
1
GST
Heatbird Heating Solutions has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCH3642H1ZS | Gujarat | Active | 17 Sep 2021 |
| 27AAFCH3642H1ZM | Maharashtra | Active | 18 Jan 2024 |
To see the full GST registrations and return filing status of Heatbird Heating Solutions Private Limited, buy the company report.
Recent activity
Heatbird Heating Solutions Private Limited has 3 board changes on record since 2020: 2 appointments and 1 cessation. The latest: Ami Ravikumar Bhavsar ceased to be Director on 29 Jan 2021.
AGM
Heatbird Heating Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Heatbird Heating Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Ami Ravikumar Bhavsar ceased to be Director.
Appointed
Jagdishchandra Hasmukhbhai Bhavsar was appointed as Director.
Appointed
Ravikumar Jagdishchandra Bhavsar was appointed as Director.
Incorporation
01 Aug 2020
Heatbird Heating Solutions Private Limited was registered on 01 Aug 2020 with Roc Ahmedabad & aged 6 years 3 months as per MCA records.
Frequently asked questions
Heatbird Heating Solutions is an active private limited company based in Vadodara, Gujarat, India. The company works in industrial compressors and pneumatic systems, within the machinery and equipment industry. It was incorporated on 01 August 2020 (6+ years old) and is registered under CIN U51909GJ2020PTC115223.
Heatbird Heating Solutions has 2 current directors:
- Jagdishchandra Hasmukhbhai Bhavsar - Director
- Ravikumar Jagdishchandra Bhavsar - Director
The latest financial statements of Heatbird Heating Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Heatbird Heating Solutions is 24AAFCH3642H1ZS, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AAFCH3642H1ZM (Maharashtra).
The CIN (Corporate Identification Number) of Heatbird Heating Solutions is U51909GJ2020PTC115223. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Heatbird Heating Solutions was incorporated on 01 August 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Ami Ravikumar Bhavsar ceased to be Director on 29 Jan 2021. Jagdishchandra Hasmukhbhai Bhavsar was appointed as Director on 29 Jan 2021. Ravikumar Jagdishchandra Bhavsar was appointed as Director on 01 Aug 2020.
Yes, Heatbird Heating Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Heatbird Heating Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-24-0075323).
The registered office of Heatbird Heating Solutions is at Ambica Enterprises Makarpura 340 B7 Ambica Enterprises GIDC Makarpura, Vadodara, Gujarat, India – 390010.
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