About TSA
TSA is a Healthcare company based in Mumbai (India) founded in 2004, and was acquired by Thermax in February 2024. High purity water and process solutions are provided for pharma and biotech industries by TSA. It operates on a Professional Services and Direct-to-Consumer (D2C) model. Its chief executive, as recorded, is Apurva Shah. Its Indian entity Tsa Process Equipments Private Limited reported revenue of ₹130 Cr. TSA offers products and services including Purified Water System, Water For Injection System, and Manufacturing Vessels. Its focus areas include Pharmaceuticals and Pharmaceutical Equipment.
Company details
High purity water and process solutions are delivered by TSA for pharmaceutical and biotech sectors. Custom-designed systems for purified water, water for injection, and pure steam generation are offered. Process solutions including manufacturing vessels, CIPSIP systems, and automation for sterile and biopharma applications are developed. Support services such as spares, validation documentation, and operator training are also provided. Challenges in drug manufacturing are addressed through best-in-class technology and domain expertise. Projects across India and overseas are executed with a focus on continuous improvement and process optimization.
- Headquarters Mumbai, India
- Stage Acquired
- SectorsHealthcare
- Email••••••••
- Phone•••• ••••
- Website tsaprocessequipments.com
- Social LinkedIn Facebook YouTube
- Acquired by Thermax (Feb 2024)
- Legal Name Tsa Process Equipments Pvt. Ltd.
- Date of Incorporation 21 Oct, 2004
- Jurisdiction Mumbai, Maharashtra, India
Associated legal entities of TSA
TSA operates through Tsa Process Equipments 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 |
|---|---|---|---|---|---|---|---|
| Tsa Process Equipments Private Limited CIN U74999MH2004PTC149217 | Active | 21 Oct 2004 | Mumbai, Maharashtra | ₹130 Cr | 119 | 9 | View details |
Products & Services of TSA
TSA offers a comprehensive portfolio of products and services, including Purified Water System, Water For Injection System, and Manufacturing Vessels.
Systems for producing high purity water are provided.
Solutions for water injection systems are meticulously designed.
Vessels for sterile pharma processing are expertly crafted.
Apps and channels of TSA
its YouTube channel TSA Process Equipments has 52 subscribers and 8 videos.
Videos from TSA
The most watched videos on TSA's YouTube channel, TSA Process Equipments (52 subscribers). Click a video to play it here.
More on TSA Process Equipments.
Investors in TSA
TSA has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Thermax.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Energy and environmental solutions are provided for industrial sectors. | 1966 | thermaxglobal.com | Pune, India |
Investor details for TSA
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Board of directors of Tsa Process Equipments Private Limited (TSA)
Tsa Process Equipments Private Limited is the primary company behind TSA. The board of Tsa Process Equipments Private Limited currently have 7 directors; the longest-serving is Rajiv Upendra Parikh, appointed in 2004. 9 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rajiv Upendra Parikh DIN 01187686 | Director | 21 Oct 2004 | 22 yrs | Tsa Process Equipments Private Limited |
| Apurva Amarnath Shah DIN 00150125 | Director | 21 Oct 2004 | 22 yrs | Tsa Process Equipments Private Limited |
| Sandeep Prabhakar Deshpande DIN 09748806 | Director | 23 Apr 2024 | 2 yrs 6 mo | Tsa Process Equipments Private Limited |
| Vishal Om Mehra DIN 10584624 | Director | 23 Apr 2024 | 2 yrs 6 mo | Tsa Process Equipments Private Limited |
| Mahesh Channakeshaviah Bukinkere DIN 06631816 | Director | 23 Apr 2024 | 2 yrs 6 mo | Tsa Process Equipments Private Limited |
| Lakshmanan Doraiswamy Venkateswaran DIN 10802943 | Director | 10 Oct 2024 | 2 yrs | Tsa Process Equipments Private Limited |
| Padmanabhan Balasubramaniam DIN 01987724 | Director | 17 Dec 2024 | 1 yr 10 mo | Tsa Process Equipments Private Limited |
People of TSA
7 people are tracked at TSA (5 in leadership, 2 in team).
| Name | Role | Group |
|---|---|---|
| CEO & Managing Director | Leadership | |
Ganesh Gawde | Head Of Department | Leadership |
Arvind Singh | Head Of International Sales | Leadership |
| Director | Leadership | |
Tushar Gaikwad | Project Head | Leadership |
Sudhir Mandavkar | Senior Executive Procurement | Team |
Pankaj Pal | Senior Project Engineer | Team |
Complete people profiles for TSA
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of TSA
Figures of Tsa Process Equipments Private Limited, the primary company behind TSA, for FY 2025. Revenue was ₹130 Cr (+6% year on year). Net profit was ₹2.28 Cr (2% margin). EBITDA was ₹6.82 Cr (5% margin). Revenue has grown at a compounded annual rate of +23% over three years and +20% over five years.
- ₹130 CrRevenue · FY 2025 · +6% YoY
- ₹2.28 CrNet profit · 2% margin
- ₹6.82 CrEBITDA · 5% margin
- ₹1.37 CrPaid-up capital
- 119Employees (provident fund records)
- +23%Revenue CAGR, 3 years
- +20%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Tsa Process Equipments Private Limited are on its company page.
Detailed financial statements for TSA
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of TSA
2 dated milestones of TSA across 20 years, from founding to its latest funding, stage changes and deals.
- Founded TSA is founded.
- Exit Acquired by Thermax.
Web traffic of TSA
The website of TSA (tsaprocessequipments.com) receives about 3.6K visits a month.
- Monthly visits3.6K
▲ 29.3% vs previous month
Websites whose visitors overlap most with TSA. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| chemicalonline.com | 100% | #4,759,850 | View details | ||
| unitedheatexchangers.com | 97% | View details | |||
pharmanow.live | pharmanow.live | 86% | #1,343,514 | – | |
| pion-inc.com | 80% | 18.8K | #1,469,686 | View details |
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Related news about Tsa
Complete news archive for TSA
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Frequently Asked Questions about TSA
TSA was founded in 2004.
TSA is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Apurva Shah is the CEO of TSA, as recorded in our data.
The primary company behind TSA, Tsa Process Equipments Private Limited, reported revenue of ₹130 Cr for FY 2025, up 6% year on year.
High purity water and process solutions are delivered by TSA for pharmaceutical and biotech sectors. Custom-designed systems for purified water, water for injection, and pure steam generation are offered. Process solutions including manufacturing vessels, CIPSIP systems, and automation for sterile and biopharma applications are developed. Support services such as spares, validation documentation, and operator training are also provided. Challenges in drug manufacturing are addressed through best-in-class technology and domain expertise. Projects across India and overseas are executed with a focus on continuous improvement and process optimization.
TSA offers Purified Water System, Water For Injection System, and Manufacturing Vessels.
TSA has 1 investor. Key investors include Thermax.
TSA operates through Tsa Process Equipments Private Limited.
Yes. TSA was acquired by Thermax in February 2024.
The legal entities of TSA currently have 8 directors, including Rajiv Upendra Parikh, Sandeep Prabhakar Deshpande, Vishal Om Mehra and others.