About Theeta
Theeta is a Consumer company based in Gurugram (India) founded in 1995. Manufacturing of heating elements for household, commercial, and industrial applications. It operates in the Consumer and Industrial Goods & Manufacturing sectors. The company has 206 employees. Its Indian entity Theeta Electricals Private Limited reported revenue of ₹74.92 Cr. Theeta offers products and services including Tubular Heating Elements and Immersion Heaters. Its focus areas include Manufacturing, Consumer Goods, Household Appliances and Electric Heaters.
Company details
Heating elements are manufactured by Theeta for a wide range of applications, including household appliances like electric irons and water heaters, as well as commercial and industrial uses in sectors such as HVAC, railways, and oil and gas. Over 50 years of experience have been accumulated in tubular heating element production, with a focus on quality through ISO certifications and sustainability efforts like employee health initiatives. Solutions are provided for diverse industries, ensuring standards are met in manufacturing processes.
- Headquarters Gurugram, India
- Employees 206
- SectorsConsumerIndustrial Goods & Manufacturing
- Email••••••••
- Phone•••• ••••
- Website theeta.com
- Social LinkedIn
- Legal Name Theeta Electricals Pvt Ltd
- Date of Incorporation 17 Dec, 1983
- Jurisdiction Delhi, India
- Annual Revenue₹74.92 Cr
FY 2024 · -21% YoY
- Net Profit₹29 Lakh
FY 2024 · 0% margin
- EBITDA₹4.04 Cr
FY 2024 · 5% margin
- Employee Count206
Associated legal entities of Theeta
Theeta operates through Theeta Electricals 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 |
|---|---|---|---|---|---|---|---|
| Theeta Electricals Private Limited CIN U29141DL1983PTC017143 | Active | 17 Dec 1983 | Delhi, Delhi | ₹74.9 Cr | 206 | 3 | View details |
Products & Services of Theeta
Theeta offers a comprehensive portfolio of products and services, including Tubular Heating Elements and Immersion Heaters.
Tubular heating elements are manufactured for domestic and industrial applications, serving sectors like railways and oil and gas.
Immersion heaters are produced for water heating in household and commercial settings, such as geysers and boilers.
Board of directors of Theeta Electricals Private Limited (Theeta)
Theeta Electricals Private Limited is the primary company behind Theeta. The board of Theeta Electricals Private Limited currently have 3 directors; the longest-serving is Manish Gulati, appointed in 2003. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Manish Gulati DIN 01558511 | Director | 01 Apr 2003 | 23 yrs 7 mo | Theeta Electricals Private Limited |
| Satish Kumar Gulati DIN 01558449 | Director | 10 May 2023 | 3 yrs 5 mo | Theeta Electricals Private Limited |
| Atam Parkash DIN 01558477 | Director | 20 Jun 2023 | 3 yrs 4 mo | Theeta Electricals Private Limited |
Financials of Theeta
Figures of Theeta Electricals Private Limited, the primary company behind Theeta, for FY 2024. Revenue was ₹74.92 Cr (-21% year on year). Net profit was ₹29 Lakh (0% margin). EBITDA was ₹4.04 Cr (5% margin). Revenue has grown at a compounded annual rate of +6% over three years and +11% over five years.
- ₹74.92 CrRevenue · FY 2024 · -21% YoY
- ₹29 LakhNet profit · 0% margin
- ₹4.04 CrEBITDA · 5% margin
- ₹2.00 CrPaid-up capital
- 206Employees (provident fund records)
- +6%Revenue CAGR, 3 years
- +11%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Theeta Electricals Private Limited are on its company page.
Detailed financial statements for Theeta
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
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Top companies in Home & Living Products
3 companies that operate in the same segment as Theeta (Home & Living Products) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of interior design and renovation services for homes and offices | 2014 | Bengaluru, Karnataka, India | USD 511.55 M | USD 172.66 M | 4,353 | |
Multi-category products are rented via subscription model. | 2014 | Bengaluru, Karnataka, India | USD 58.71 M | USD 14.82 M | 422 | |
Internet-first brand offering multi-category home furniture | 2012 | Bengaluru, Karnataka, India | USD 108.06 M | USD 26.92 B | 43,024 |
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Frequently Asked Questions about Theeta
Theeta was founded in 1995.
Theeta is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Theeta has 206 employees.
The primary company behind Theeta, Theeta Electricals Private Limited, reported revenue of ₹74.92 Cr for FY 2024, down 21% year on year.
Heating elements are manufactured by Theeta for a wide range of applications, including household appliances like electric irons and water heaters, as well as commercial and industrial uses in sectors such as HVAC, railways, and oil and gas. Over 50 years of experience have been accumulated in tubular heating element production, with a focus on quality through ISO certifications and sustainability efforts like employee health initiatives. Solutions are provided for diverse industries, ensuring standards are met in manufacturing processes.
Theeta offers Tubular Heating Elements and Immersion Heaters.
Theeta operates through Theeta Electricals Private Limited.
The legal entities of Theeta currently have 3 directors, including Atam Parkash, Satish Kumar Gulati, Manish Gulati.