
About Novota
Novota is a Chemicals & Materials company based in Thane (India). Functional coatings for thermal energy efficiency in manufacturing and construction industries. It operates in the Chemicals & Materials and Energy & Utilities sectors. Its Indian entity Novota Thermotech Private Limited reported revenue of βΉ6.66 Cr. Novota offers products and services including HeatXperse and emiSEAL. Its focus areas include Construction, Building Materials, Coatings and Functional Plasters.
Company details
Novota is recognized as a manufacturer of thermal energy-efficient functional coatings that focus on enhancing surface emissivity and reflectivity. These coatings are designed to achieve substantial energy savings in heat-driven applications across various sectors, including power transmission and construction. Customization is emphasized to meet unique industry needs, with a commitment to sustainability and innovation. Over 16 years, expertise has been built in developing coatings that reduce energy consumption and protect equipment, as demonstrated in numerous projects and technologies like high emissivity and heat dissipation.
- Headquarters Thane, India
- SectorsChemicals & MaterialsEnergy & Utilities
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- Website novota.in
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- Legal Name Novota Thermotech Pvt. Ltd
- Date of Incorporation 11 Dec, 2014
- Jurisdiction Thane, Maharashtra, India
- Annual Revenue₹6.66 Cr
FY 2024 · +67% YoY
- Net Profit₹2.02 Cr
FY 2024 · 30% margin
- EBITDA₹3.22 Cr
FY 2024 · 48% margin
Associated legal entities of Novota
Novota operates through Novota Thermotech Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Novota Thermotech Private Limited CIN U74900MH2014PTC260124 | Active | 11 Dec 2014 | Thane, Maharashtra | ₹6.7 Cr | 12 | 5 | View details |
Products & Services of Novota
Novota offers a comprehensive portfolio of products and services, including HeatXperse and emiSEAL.
Heat dissipation is achieved by this coating for overhead conductors, as it is applied to reduce temperatures in heat-driven systems
Heat is re-radiated by this ceramic coating in furnaces and boilers, where it provides protection up to 1200°C and enhances thermal output
Apps and channels of Novota
its YouTube channel Novota Thermotech Pvt. Ltd. has 3 subscribers.
Board of directors of Novota Thermotech Private Limited (Novota)
Novota Thermotech Private Limited is the primary company behind Novota. The board of Novota Thermotech Private Limited currently have 5 directors; the longest-serving is Satish Narayan Patil, appointed in 2014. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Satish Narayan Patil DIN 06418131 | Director | 11 Dec 2014 | 11 yrs 11 mo | Novota Thermotech Private Limited |
| Rajendra Yashawant Chaudhari DIN 06415216 | Director | 11 Dec 2014 | 11 yrs 11 mo | Novota Thermotech Private Limited |
| Kalpana Satish Patil DIN 10060058 | Director | 02 Mar 2023 | 3 yrs 8 mo | Novota Thermotech Private Limited |
| Vaishali Rajendra Chaudhari DIN 10060056 | Director | 02 Mar 2023 | 3 yrs 8 mo | Novota Thermotech Private Limited |
| Parag Rajendra Chaudhari DIN 10591624 | Director | 16 Apr 2024 | 2 yrs 6 mo | Novota Thermotech Private Limited |
Financials of Novota
Figures of Novota Thermotech Private Limited, the primary company behind Novota, for FY 2024. Revenue was ₹6.66 Cr (+67% year on year). Net profit was ₹2.02 Cr (30% margin). EBITDA was ₹3.22 Cr (48% margin). Revenue has grown at a compounded annual rate of +100% over three years and +56% over five years.
- ₹6.66 CrRevenue · FY 2024 · +67% YoY
- ₹2.02 CrNet profit · 30% margin
- ₹3.22 CrEBITDA · 48% margin
- ₹1 LakhPaid-up capital
- 12Employees (provident fund records)
- +100%Revenue CAGR, 3 years
- +56%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Novota Thermotech Private Limited are on its company page.
Detailed financial statements for Novota
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Top companies in Paints, Coatings & Surface Treatments
3 companies that operate in the same segment as Novota (Paints, Coatings & Surface Treatments) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Manufacturer of paints | 2000 | Pune, Maharashtra, India | USD 23.11 M | USD 149.43 M | 1,213 | |
Industrial and decorative paints are manufactured along with related solutions. | 1942 | Mumbai, Maharashtra, India | USD 3.87 B | 10 | ||
Industrial and decorative paints are manufactured by Kansai Nerolac. | 1920 | Mumbai, Maharashtra, India | USD 858.2 M | 10,570 |
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Frequently Asked Questions about Novota
Novota is headquartered in Thane, India. It is registered at Thane, Maharashtra, India.
The primary company behind Novota, Novota Thermotech Private Limited, reported revenue of βΉ6.66 Cr for FY 2024, up 67% year on year.
Novota is recognized as a manufacturer of thermal energy-efficient functional coatings that focus on enhancing surface emissivity and reflectivity. These coatings are designed to achieve substantial energy savings in heat-driven applications across various sectors, including power transmission and construction. Customization is emphasized to meet unique industry needs, with a commitment to sustainability and innovation. Over 16 years, expertise has been built in developing coatings that reduce energy consumption and protect equipment, as demonstrated in numerous projects and technologies like high emissivity and heat dissipation.
Novota offers HeatXperse and emiSEAL.
Novota operates through Novota Thermotech Private Limited.
The legal entities of Novota currently have 5 directors, including Kalpana Satish Patil, Vaishali Rajendra Chaudhari, Parag Rajendra Chaudhari and others.