MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-01-0006467
Thermosep Engineering Private Limited - machinery and equipment in Sanand, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹58.1 Lakh
▼ 73% YoY
Net profit · FY 2024
₹1.34 Lakh
Net margin 2.3%
EBITDA · FY 2024
₹16.32 Lakh
EBITDA margin 28.1%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
11 yrs
Est. 2015
Employees · EPFO
2
Provident fund records
Directors on board
3
As per MCA filings
About Thermosep Engineering Private Limited
Data last updated:
Thermosep Engineering Private Limited is a private limited company based in Sanand, Gujarat, India. It operates in the industrial machinery retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 25 May 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29300GJ2015PTC083305. Its GSTIN is 24AAFCT3658P1ZR (Gujarat).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Avinash Shrikrishna Verma and Brijeshkumar Harshadlal Patel.
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 Plot No. 190/2 Natraj Industrial Estate Sanand – Viramgam Highway, Gujarat, India – 382170.
As per the financials filed for FY 2024, the company reported a revenue of ₹58.1 Lakh, a decline of 73% compared to the previous year. For the same year it recorded a net profit of ₹1.34 Lakh (net margin 2.3%) and EBITDA of ₹16.32 Lakh (EBITDA margin 28.1%). Revenue has declined at a compounded annual rate (CAGR) of 60% over three years and 37% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
Thermosep Engineering Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0006467). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website thermosep.com.
Company Details of Thermosep Engineering Private Limited
CIN U29300GJ2015PTC083305
Registration Number 083305
Incorporation Date 25 May 2015
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-GJ-01-0006467
Key People
Avinash Shrikrishna Verma Director Brijeshkumar Harshadlal Patel Director Saharbhai Mahadevbhai Desai Director Recognitions & Rankings of Thermosep Engineering
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressPlot No. 190/2 Natraj Industrial Estate Sanand – Viramgam Highway, Gujarat, India – 382170
- IndustryMachinery and Equipment, Industrial Machinery Retail & Distribution
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Business Activity of Thermosep Engineering Private Limited
The main business activity of Thermosep Engineering is manufacturing. In detail, this covers metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
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Financials of Thermosep Engineering Private Limited FY 2025 filings available
Thermosep Engineering Private Limited reported revenue of ₹58.1 Lakh (down 73% YoY) for FY 2024.
Revenue · FY 2024
₹58.1 Lakh ▼ 73%
Net profit · FY 2024
₹1.34 Lakh margin 2.3%
EBITDA · FY 2024
₹16.32 Lakh margin 28.1%
Compounded Annual Growth Rate (CAGR) of Thermosep Engineering Private Limited
Revenue CAGR growth
1 year
▼ 73%
3 years · compounded
▼ 60%
5 years · compounded
▼ 37%
EBITDA CAGR growth
1 year
▲ 136%
3 years · compounded
▼ 41%
5 years · compounded
▼ 3%
Revenue has declined at a compounded annual rate (CAGR) of 37% over five years, including a 73% fall in the latest year. EBITDA rose 136% 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 of Thermosep Engineering Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹16.32 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.34 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 of Thermosep Engineering Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 28.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Thermosep Engineering are in the company report.
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Financial statements from FY 2016
Earlier years and trend charts are in the company report.
- Income statements
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Board of Directors of Thermosep Engineering Private Limited
Thermosep Engineering has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Avinash Shrikrishna Verma | Director | 25 May 2015 | 11 Years 4 Months | Current |
| Brijeshkumar Harshadlal Patel | Director | 25 May 2015 | 11 Years 4 Months | Current |
| Saharbhai Mahadevbhai Desai | Director | 25 May 2015 | 11 Years 4 Months | Current |
Peer Comparison of Thermosep Engineering Private Limited
Thermosep Engineering Private Limited is compared with the companies closest to it by revenue in the Engineering industry (Engineering Procurement and Construction). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dev Energy Equipments Private Limited | ₹59.1 Lakh (FY 2024) | •••• | •••• | 253.0% | •••• | New Delhi, Delhi, India |
| HQ Engineering Private Limited | ₹58.72 Lakh (FY 2022) | •••• | •••• | •••• | Chennai, Tamil Nadu, India | |
| Devar Construction Company Private Limited | ₹58.29 Lakh (FY 2025) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Richardson Electronics India Private Limited | ₹58.26 Lakh (FY 2025) | •••• | •••• | -7.0% | •••• | Delhi, India |
| Alamdar Software Technology and Engineering Private Limited | ₹58.2 Lakh (FY 2025) | •••• | •••• | 27.0% | •••• | Srinagar, Jammu and Kashmir, India |
| Thermosep Engineering Private Limited this company | ₹58.1 Lakh (FY 2024) | •••• | •••• | -73.0% | •••• | Sanand, Gujarat, India |
| Trecistron Enterprises Private Limited | ₹58.02 Lakh (FY 2021) | •••• | •••• | -86.0% | •••• | East Tambaram, Tamil Nadu, India |
| Adept Metal Industries Private Limited | ₹58.02 Lakh (FY 2024) | •••• | •••• | -83.0% | •••• | Jamnagar, Gujarat, India |
| Satish Interiors Private Limited | ₹58 Lakh (FY 2025) | •••• | •••• | -14.0% | •••• | Mumbai, Maharashtra, India |
| Detrica Electro Mechanical Private Limited | ₹57.87 Lakh (FY 2024) | •••• | •••• | 318.0% | •••• | Noida, Uttar Pradesh, India |
| Hindia Projects Private Limited | ₹57.79 Lakh (FY 2024) | •••• | •••• | 245.0% | •••• | Agra, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Thermosep Engineering by revenue in the Engineering industry (Engineering Procurement and Construction), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Thermosep Engineering Private Limited
Thermosep Engineering Private Limited is audited by DARSHAN BAKUL & ASSOCIATES for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| DARSHAN BAKUL & ASSOCIATES | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Thermosep Engineering Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Thermosep Engineering Private Limited
Thermosep Engineering Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Thermosep Engineering Private Limited
Thermosep Engineering Private Limited has a workforce of 2 employees as of Apr 03, 2024.
Employee count
2
Active EPFO establishments
1
Employee growth
-60%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
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Verified entity values are shown only after access is granted.
Recent Activity on Thermosep Engineering Private Limited
Thermosep Engineering Private Limited has 3 board changes on record since 2015: 3 appointments. The latest: Avinash Shrikrishna Verma was appointed as Director on 25 May 2015.
AGM
Thermosep Engineering Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Thermosep Engineering Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Avinash Shrikrishna Verma was appointed as Director.
Appointed
Brijeshkumar Harshadlal Patel was appointed as Director.
Appointed
Saharbhai Mahadevbhai Desai was appointed as Director.
Incorporation
25 May 2015
Thermosep Engineering Private Limited was registered on 25 May 2015 with Roc Ahmedabad & aged 11 years 4 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Thermosep Engineering Private Limited
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Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
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MSME Payment Delays by Thermosep Engineering Private Limited
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Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of Thermosep Engineering Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Thermosep Engineering Private Limited
Thermosep Engineering has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCT3658P1ZR | Gujarat | Active | 01 Jul 2017 |
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MCA Filings & Documents of Thermosep Engineering Private Limited
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Frequently Asked Questions about Thermosep Engineering Private Limited
Thermosep Engineering is an active private limited company based in Sanand, Gujarat, India. The company works in industrial machinery retail and distribution, within the machinery and equipment industry. It was incorporated on 25 May 2015 (11+ years old) and is registered under CIN U29300GJ2015PTC083305.
Thermosep Engineering reported revenue of ₹58.1 Lakh for FY 2024 (down 73% YoY).
Thermosep Engineering has 3 current directors:
- Avinash Shrikrishna Verma - Director
- Brijeshkumar Harshadlal Patel - Director
- Saharbhai Mahadevbhai Desai - Director
Thermosep Engineering reported a net profit of ₹1.34 Lakh (net margin 2.3%) and EBITDA of ₹16.32 Lakh (EBITDA margin 28.1%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Thermosep Engineering is -60% over three years and -37% over five years. In the latest year (FY 2024) revenue fell 73%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Thermosep Engineering is 24AAFCT3658P1ZR, registered in Gujarat.
The CIN (Corporate Identification Number) of Thermosep Engineering is U29300GJ2015PTC083305. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Thermosep Engineering was incorporated on 25 May 2015, making it 11+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Thermosep Engineering by revenue are Dev Energy Equipments Private Limited, HQ Engineering Private Limited, Devar Construction Company Private Limited, Richardson Electronics India Private Limited, Alamdar Software Technology and Engineering Private Limited and 5 more, all in the Engineering industry (Engineering Procurement and Construction).
Avinash Shrikrishna Verma was appointed as Director on 25 May 2015. Brijeshkumar Harshadlal Patel was appointed as Director on 25 May 2015. Saharbhai Mahadevbhai Desai was appointed as Director on 25 May 2015.
Yes, Thermosep Engineering is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0006467).