- Category
- Small (2024-25)
- Udyam number
- UDYAM-DL-10-0001804

About Thermadyne Private Limited
Data last updated:
Thermadyne Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 29 November 1969 and has been in existence for over 57 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1969PTC005160. Its GSTIN is 06AAACT0628A1Z1 (Haryana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹30 Lakh. It is led by directors including Deepak Madan Singh Saluja (Whole-Time Director) and Rashmi Nagabhushan.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at C – 120 Naraina Industrial Area, New Delhi, Delhi, India – 110028.
As per the financials filed for FY 2025, the company reported a revenue of ₹26.06 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹1.66 Cr (net margin 6.4%) and EBITDA of ₹3.1 Cr (EBITDA margin 11.9%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 8% over five years.
The company has about 61 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Thermadyne Pvt Ltd and Thermadyne. Court records list 15 cases involving the company, including 4 filed by the company and 11 filed against it; 1 case is pending.
Thermadyne Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-10-0001804). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website thermadyne.in.
Company details
Recognitions & Rankings of Thermadyne
Contact details
Thermadyne Private Limited's registered office is in New Delhi, Delhi. Its website is thermadyne.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressC – 120 Naraina Industrial Area, New Delhi, Delhi, India – 110028
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Thermadyne Private 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
Brands
Thermadyne operates two associated brands: Thermadyne Pvt Ltd and Thermadyne. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures air filters and cleanroom equipment for industrial and healthcare applications. | thermadyne.in | |
| Air filtration and clean air systems for industrial and healthcare sectors. | thermadyne.co.in |
Business activity
The main business activity of Thermadyne is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Thermadyne Private Limited, buy the company report.
Financials of Thermadyne Private Limited
FY 2025 filings availableThermadyne Private Limited reported revenue of ₹26.06 Cr (up 14% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 14% growth in the latest year. EBITDA rose 5% 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 | ₹3.1 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.66 Cr | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.9% | ||||
| Net Profit Margin | 6.4% | ||||
| 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 Thermadyne Private Limited, buy the company report.
Board of directors of Thermadyne Private Limited
Thermadyne has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deepak Madan Singh Saluja | Whole-Time Director | 08 Aug 2022 | 4 Years 3 Months | Current |
| Rashmi Nagabhushan | Director | 15 Jul 1992 | 34 Years 3 Months | Current |
| Pankaj Gulati | Director | 15 Jul 1992 | 34 Years 3 Months | Current |
| Kumar Srinivasan Also directs: Mulberry Projects Private Limited | Director | 15 Jul 1992 | 34 Years 3 Months | Current |
Peer comparison
Thermadyne Private Limited is compared with the 5 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vedanta Electricals Private Limited | ₹26.4 Cr (FY 2024) | -71.0% | Delhi, India | |||
| Underground Magnetics Private Limited | ₹26.27 Cr (FY 2025) | 2.0% | Suraj Kund, Haryana, India | |||
| Thermadyne Private Limitedthis company | ₹26.06 Cr (FY 2025) | ₹1.66 Cr | 6.4% | 14.0% | 61 | New Delhi, Delhi, India |
| Super Nova Tech Craft Engineering Overseas Limited | ₹26.03 Cr (FY 2024) | 3.0% | New Delhi, Delhi, India | |||
| Kosch Electricals Private Limited | ₹25.86 Cr (FY 2025) | 49.0% | Vasai, Maharashtra, India | |||
| Amh Solar Solutions Private Limited | ₹25.82 Cr (FY 2024) | -45.0% | Mohali, Punjab, India |
To see the full peer comparison of Thermadyne Private Limited, buy the company report.
Auditor
Thermadyne Private Limited is audited by K S BAWA AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K S BAWA AND ASSOCIATES | FY 2023 | 003979N |
Shareholding
The shareholding of Thermadyne Private 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 Thermadyne Private Limited, buy the company report.
Legal cases
Thermadyne Private Limited has 15 court cases on record: 4 filed by Thermadyne, 11 filed against it. 1 case is pending and 14 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 11 | 0 |
| High courts | 3 | 0 | 1 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, HARYANA | Court case (STR) | Filed by the company against State of Hy. | Pending |
| District court, Faridabad, Haryana | Court case (SUMM) | Filed against the company by State of Haryana | Disposed |
| District court, Faridabad, Haryana | Court case (SUMM) | Filed against the company by State of Haryana | Disposed |
| Supreme Court | Court case (1806-Ordinary Civil Matters : Matters relating to allotment, cancellation, fixation of prices of plots/flats) | Filed by the company against State of Haryana . | Disposed |
| High Court, CHANDIGARH (UT) | Writ petition | Filed by the company against State of Hry. and Others | Disposed |
To see the full case history of Thermadyne Private 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
Thermadyne Private Limited has 1 MSME Form 1 return on record for the period ending Jan 2019, 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 | |||
| Shine Pack Pvt Ltd | |||
| an individual supplier |
To see the full MSME payment records of Thermadyne Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Thermadyne Private Limited has a workforce of 61 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
GST
Thermadyne has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAACT0628A1Z1 | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Thermadyne Private Limited, buy the company report.
Recent activity
Thermadyne Private Limited has 6 board changes on record since 1992: 4 appointments and 2 cessations. The latest: Deepak Madan Singh Saluja ceased to be Additional Director on 30 Sep 2022.
Frequently asked questions
Thermadyne is an active private limited company based in New Delhi, Delhi, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 29 November 1969 (57+ years old) and is registered under CIN U74899DL1969PTC005160.
Thermadyne has 4 current directors:
- Deepak Madan Singh Saluja - Whole-Time Director
- Rashmi Nagabhushan - Director
- Pankaj Gulati - Director
- Kumar Srinivasan - Director
The latest financial statements of Thermadyne on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Thermadyne is 06AAACT0628A1Z1, registered in Haryana. 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 Thermadyne is U74899DL1969PTC005160. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Thermadyne has 15 court cases on record: 4 filed by the company and 11 filed against it. 1 is pending. Most are in the district courts.
Thermadyne was incorporated on 29 November 1969, making it 57+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Thermadyne by revenue are Vedanta Electricals Private Limited, Underground Magnetics Private Limited, Super Nova Tech Craft Engineering Overseas Limited, Kosch Electricals Private Limited, Amh Solar Solutions Private Limited, all in the Consumer Durables industry (Electronic Appliances Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Deepak Madan Singh Saluja ceased to be Additional Director on 30 Sep 2022. Deepak Madan Singh Saluja was appointed as Whole-Time Director on 08 Aug 2022. Rashmi Nagabhushan ceased to be Whole-Time Director on 01 Jul 2022. Thermadyne has 6 board changes on record in total.
Yes, Thermadyne is registered as a small enterprise under Udyam registration (number: UDYAM-DL-10-0001804).
Thermadyne has 1 MSME Form 1 return on record for the period ending Jan 2019, listing 3 overdue payments to 3 micro and small suppliers. The latest return was filed on 01 Jun 2019.
Thermadyne can be reached through the website thermadyne.in. Its registered office is in New Delhi, Delhi, India.

