About Panasia Engineers
Panasia Engineers is an Industrial Goods & Manufacturing company based in Thane (India) founded in 1981. Energy-efficient innovations in air conditioning and refrigeration services. The company has 25 employees. Its Indian entity Panasia Engineers Private Limited reported revenue of ₹3.98 Cr. Panasia Engineers offers products and services including Comby and Comby Subzero. Its focus areas include Energy and Utilities, Refrigeration, Cooling Solutions and Industrial Refrigeration.
Company details
Panasia Engineers Is Identified As A 100 Indian Company That Has Been Developing And Providing Energy-efficient Products And Systems In The Air Conditioning And Refrigeration Field For Over 30 Years. Energy-saving Solutions, Including Hvac Systems, Are Supplied By The Company To Various Industries, As Confirmed Through Client Testimonials That Highlight Reductions In Electricity Use And Emissions. The Company Is Based In Navi Mumbai And Focuses On Reliable Innovations That Address Industry Needs.
- Headquarters Thane, India
- Employees 25
- SectorsIndustrial Goods & Manufacturing
- Email••••••••
- Website panasiaengineers.com
- Legal Name Panasia Engineers Private Limited
- Date of Incorporation 04 May, 1981
- Jurisdiction Juinagar Navi Mumbai, Maharashtra, India
- Annual Revenue₹3.98 Cr
FY 2025 · -29% YoY
- Net Profit₹5.2 Lakh
FY 2025 · 1% margin
- EBITDA₹12.9 Lakh
FY 2025 · 3% margin
- Employee Count25
Associated legal entities of Panasia Engineers
Panasia Engineers operates through Panasia Engineers Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Panasia Engineers Private Limited CIN U45302MH1981PTC024353 | Active | 04 May 1981 | Navi Mumbai, Maharashtra | ₹4.0 Cr | 25 | 4 | View details |
Products & Services of Panasia Engineers
Panasia Engineers offers a comprehensive portfolio of products and services, including Comby and Comby Subzero.
An energy-efficient air handling unit that is used to maintain desired conditions with low power consumption.
A system that is designed for low humidity and cooling applications with reliable performance.
Board of directors of Panasia Engineers Private Limited (Panasia Engineers)
Panasia Engineers Private Limited is the primary company behind Panasia Engineers. The board of Panasia Engineers Private Limited currently have 4 directors; the longest-serving is Surendra Himmatlal Shah, appointed in 1981. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Surendra Himmatlal Shah DIN 00193385 | Director | 04 May 1981 | 45 yrs 5 mo | Panasia Engineers Private Limited |
| Udit Surendra Shah DIN 00193418 | Director | 01 Apr 1998 | 28 yrs 7 mo | Panasia Engineers Private Limited |
| Neel Udit Shah DIN 08282546 | Director | 11 Dec 2018 | 7 yrs 10 mo | Panasia Engineers Private Limited |
| Ronak Udit Shah DIN 08282547 | Director | 11 Dec 2018 | 7 yrs 10 mo | Panasia Engineers Private Limited |
Financials of Panasia Engineers
Figures of Panasia Engineers Private Limited, the primary company behind Panasia Engineers, for FY 2025. Revenue was ₹3.98 Cr (-29% year on year). Net profit was ₹5.2 Lakh (1% margin). EBITDA was ₹12.9 Lakh (3% margin). Revenue has grown at a compounded annual rate of +6% over three years and +9% over five years.
- ₹3.98 CrRevenue · FY 2025 · -29% YoY
- ₹5.2 LakhNet profit · 1% margin
- ₹12.9 LakhEBITDA · 3% margin
- ₹1 LakhPaid-up capital
- 25Employees (provident fund records)
- +6%Revenue CAGR, 3 years
- +9%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Panasia Engineers Private Limited are on its company page.
Detailed financial statements for Panasia Engineers
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Top companies in Industrial HVAC Systems
2 companies that operate in the same segment as Panasia Engineers (Industrial HVAC Systems) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Industrial refrigeration systems and related products are manufactured. | 1993 | Ahmedabad, Gujarat, India | USD 71.2 M | 161 | ||
Aluminum and copper fin-and-tube heat exchangers are manufactured. | 2017 | Neemrana, Rajasthan, India | USD 63.95 M | 648 |
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Frequently Asked Questions about Panasia Engineers
Panasia Engineers was founded in 1981.
Panasia Engineers is headquartered in Thane, India. It is registered at Thane, Maharashtra, India.
Panasia Engineers has 25 employees.
The primary company behind Panasia Engineers, Panasia Engineers Private Limited, reported revenue of ₹3.98 Cr for FY 2025, down 29% year on year.
Panasia Engineers Is Identified As A 100 Indian Company That Has Been Developing And Providing Energy-efficient Products And Systems In The Air Conditioning And Refrigeration Field For Over 30 Years. Energy-saving Solutions, Including Hvac Systems, Are Supplied By The Company To Various Industries, As Confirmed Through Client Testimonials That Highlight Reductions In Electricity Use And Emissions. The Company Is Based In Navi Mumbai And Focuses On Reliable Innovations That Address Industry Needs.
Panasia Engineers offers Comby and Comby Subzero.
Panasia Engineers operates through Panasia Engineers Private Limited.
The legal entities of Panasia Engineers currently have 4 directors, including Udit Surendra Shah, Neel Udit Shah, Surendra Himmatlal Shah and others.