Thermistance Technologies Private Limited

Thermistance Technologies Private Limited - information technology in Thane, Maharashtra, India. FY 2026 financials & compliance.
CIN U28999MH2020PTC339963 Incorporated 24 May 2020 ROC Mumbai HQ Thane, Maharashtra, India
Active Private Limited Company information technology DPIIT Startup MSME · Micro
Revenue · FY 2025
₹22.23 Lakh
▼ 19% YoY
Net loss · FY 2025
₹72.92 Lakh
Net margin -328.1%
EBITDA · FY 2025
-₹62.71 Lakh
EBITDA margin -282.1%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1.21 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered

About Thermistance Technologies Private Limited

Data last updated:

Thermistance Technologies Private Limited is a private limited company based in Thane, Maharashtra, India, recognised as a startup by DPIIT. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 24 May 2020 and has been in existence for over 6 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U28999MH2020PTC339963. Its GSTIN is 27AAHCT8600P1ZR (Maharashtra).

The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.21 Lakh. It is led by directors Dhananjay Kishor Gavas and Bhimashankar Devling Wangaskar.

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 1 Rajlaxmi Park, Thane, Maharashtra.

As per the financials filed for FY 2025, the company reported a revenue of ₹22.23 Lakh, a decline of 19% compared to the previous year. For the same year it recorded a net loss of ₹72.92 Lakh (net margin -328.1%) and EBITDA of -₹62.71 Lakh (EBITDA margin -282.1%).

The company is associated with 1 brand: Thermistance.

Thermistance Technologies Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0019132). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website thermistance.com.

Company details

CIN U28999MH2020PTC339963
Registration Number 339963
Incorporation Date 24 May 2020
ROC Mumbai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-MH-26-0019132
Key People
Dhananjay Kishor Gavas Director Bhimashankar Devling Wangaskar Director

Recognitions & Rankings of Thermistance Technologies

DPIIT recognised startup Government of India
Startup India
MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-MH-26-0019132

Contact details

Thermistance Technologies Private Limited's registered office is in Thane, Maharashtra. Its website is thermistance.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    thermistance.com
  • Social Media
  • Registered Address
    B3/1 Rajlaxmi Park, Nr Vithal Mandir Kharigaon, Thane, Maharashtra, India – 400605
  • Industry
    Information Technology, Electronic Components & Equipment Manufacturing

To see the full contact details of Thermistance Technologies Private Limited, buy the company report.

Comprehensive company report
Thermistance Technologies 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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Secure checkout · GST invoice included

Brands

Thermistance Technologies operates one associated brand: Thermistance. Each brand links to its own profile.

BrandDescriptionWebsite
Thermistance
Offers miniature loop heat pipe technology for electronic cooling solutions.thermistance.com

Business activity

The main business activity of Thermistance Technologies is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC10Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment

To see the full business activity and turnover split of Thermistance Technologies Private Limited, buy the company report.

Financials of Thermistance Technologies Private Limited

FY 2025 filings available

Thermistance Technologies Private Limited reported revenue of ₹22.23 Lakh (down 19% YoY) for FY 2025.

Revenue · FY 2025
₹22.23 Lakh ▼ 19%
Net loss · FY 2025
₹72.92 Lakh margin -328.1%
EBITDA · FY 2025
-₹62.71 Lakh margin -282.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 19%
EBITDA CAGR growth
1 year
▼ 487%
3 years · compounded
▼ 598%

Revenue fell 19% in the latest year. EBITDA fell 487% 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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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-₹62.71 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹72.92 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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin-282.1%
Net Profit Margin-328.1%
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 Thermistance Technologies Private Limited, buy the company report.

Board of directors of Thermistance Technologies Private Limited

Thermistance Technologies has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Dhananjay Kishor GavasDirector27 Apr 20224 Years 6 MonthsCurrent
Bhimashankar Devling WangaskarDirector24 May 20206 Years 5 MonthsCurrent
View all directors

MSME payment delays

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

GST

Thermistance Technologies has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAHCT8600P1ZRMaharashtraActive30 Jun 2020

To see the full GST registrations and return filing status of Thermistance Technologies Private Limited, buy the company report.

Recent activity

Thermistance Technologies Private Limited has 5 board changes on record since 2020: 2 appointments and 3 cessations. The latest: Dhananjay Kishor Gavas ceased to be Additional Director on 30 Sep 2022.

AGM
Thermistance Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Thermistance Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Dhananjay Kishor Gavas ceased to be Additional Director.
Appointed
Dhananjay Kishor Gavas was appointed as Director.
Ceased
Rohit Kumar ceased to be Director.
Ceased
Shantanu Shashikant Borde ceased to be Director.
Appointed
Bhimashankar Devling Wangaskar was appointed as Director.
Incorporation
24 May 2020
Thermistance Technologies Private Limited was registered on 24 May 2020 with Roc Mumbai & aged 6 years 5 months as per MCA records.

Frequently asked questions

Thermistance Technologies is an active private limited company based in Thane, Maharashtra, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 24 May 2020 (6+ years old) and is registered under CIN U28999MH2020PTC339963.

Thermistance Technologies has 2 current directors:

The latest financial statements of Thermistance Technologies 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 Thermistance Technologies is 27AAHCT8600P1ZR, registered in Maharashtra.

The CIN (Corporate Identification Number) of Thermistance Technologies is U28999MH2020PTC339963. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Thermistance Technologies was incorporated on 24 May 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.

Dhananjay Kishor Gavas ceased to be Additional Director on 30 Sep 2022. Dhananjay Kishor Gavas was appointed as Director on 27 Apr 2022. Rohit Kumar ceased to be Director on 27 Apr 2022. Thermistance Technologies has 5 board changes on record in total.

Yes, Thermistance Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Yes, Thermistance Technologies is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-26-0019132).

Thermistance Technologies can be reached through the website thermistance.com. Its registered office is in Thane, Maharashtra, India.