About Cheema Boilers Limited
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Cheema Boilers Limited is a public limited company based in Mohali, Punjab, India. It operates in the engineering design and consultancy segment of the engineering sector. It was incorporated on 18 May 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U29246PB1999PLC022583. Its GSTIN is 03AABCC4031B1ZO (Punjab). The company holds 15 GST registrations, of which 13 are active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹8.51 Cr. It is led by directors including Hardeep Singh Cheema (Managing Director) and Sandeep Singh Cheema (Whole-Time Director).
Its last annual general meeting (AGM) was held on 19 August 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Industrial Plot No.D – 188 Phase 8B (Sector – 74) Industrial Focal Point S.A.S. Nagar, Mohali, Punjab, India – 160074.
As per the financials filed for FY 2025, the company reported a revenue of ₹551.6 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net profit of ₹48.87 Cr (net margin 8.9%) and EBITDA of ₹71.54 Cr (EBITDA margin 13%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 23% over five years.
The company has about 1,009 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Cheema Boilers. As per MCA filings, the company has open charges of ₹85.76 Cr and satisfied charges of ₹246.09 Cr on record. Court records list 64 cases involving the company, including 32 filed by the company and 32 filed against it; 10 cases are pending. The company has 13 deals on record (12 secondary share transfers, 1 funding round), with disclosed funding of ₹85.4 Lakh; the latest was in March 2024. The company has 11 MSME Form 1 returns on record between 2019 and 2023, listing 313 overdue payments to 22 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website cheemaboilers.com.
Company details
Contact details
Cheema Boilers Limited's registered office is in Mohali, Punjab. Its website is cheemaboilers.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressIndustrial Plot No.D – 188 Phase 8B (Sector – 74) Industrial Focal Point S.A.S. Nagar, Mohali, Punjab, India – 160074
- IndustryEngineering, Engineering Design & Consultancy
To see the full contact details of Cheema Boilers Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Cheema Boilers operates one associated brand: Cheema Boilers. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Boiler manufacturing and services for energy and industrial sectors. | cheemaboilers.com |
Business activity
The main business activity of Cheema Boilers is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment and repair & installation of machinery & equipment, motor vehicles. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | |
| C | Manufacturing | C12 | Repair & installation of machinery & equipment, motor vehicles |
To see the full business activity and turnover split of Cheema Boilers Limited, buy the company report.
Financials of Cheema Boilers Limited
FY 2024 filings availableCheema Boilers Limited reported revenue of ₹551.6 Cr (down 15% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 15% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 23%. EBITDA fell 8% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹71.54 Cr | ||||
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| Net Profit (PAT) | ₹48.87 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 13% | ||||
| Net Profit Margin | 8.9% | ||||
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To see the full financial statements and ratios of Cheema Boilers Limited, buy the company report.
Board of directors of Cheema Boilers Limited
Cheema Boilers has 9 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hardeep Singh Cheema Also directs: Cheema Engineering Services LLP | Managing Director | 01 Oct 2015 | 11 Years 0 Months | Current |
| Sandeep Singh Cheema | Whole-Time Director | 17 Aug 2020 | 6 Years 2 Months | Current |
| Harsimran Singh Cheema | Whole-Time Director | 20 Aug 2020 | 6 Years 2 Months | Current |
| Amardeep Singh Cheema | Director | 20 Aug 2020 | 6 Years 2 Months | Current |
| Satbir Singh Cheema | Whole-Time Director | 21 Aug 2020 | 6 Years 2 Months | Current |
| Balwinder Singh Cheema Also directs: CBL Industries LLP, Cheema Engineering Services LLP | Whole-Time Director | 01 Oct 2015 | 11 Years 0 Months | Current |
Auditor
Cheema Boilers Limited is audited by DEEPAK JINDAL & CO. for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DEEPAK JINDAL & CO. | FY 2024 | 023023N |
Shareholding
The shareholding of Cheema Boilers Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Cheema Boilers Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Jan 2025 | 101048189 | Others | ₹96 Lakh | Open | |
| 12 Apr 2023 | 100714423 | State Bank of India | ₹9 Cr | Open | |
| 09 Apr 2010 | 10218841 | Hdfc Bank Limited | ₹15.8 Cr | Open | |
| 26 Mar 2007 | 10046658 | State Bank of India | ₹60 Cr | Open | |
| 28 Aug 2019 | 100289133 | Tata Capital Financial Services Limited | ₹5.5 Cr | Satisfied |
To see the full charge records of Cheema Boilers Limited, buy the company report.
Total charge records: 42 View all charges
Deals & funding
Cheema Boilers Limited has 13 deals on record (12 secondary share transfers, 1 funding round), with disclosed funding of ₹85.4 Lakh; the latest was in March 2024.
Deals on record (5 of 13)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Feb 2024 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Aug 2018 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Cheema Engineering Services Private Limited , 3 individuals |
| Jun 2017 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: RDP Finance Company Limited, Creative Capital Services Limited , Aglow Financial Services Private Limited |
| Dec 2007 | Funding round | ₹85.4 Lakh | Investors: CBL Industries Limited , 3 individuals |
To see the full deal history of Cheema Boilers Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Cheema Boilers Limited has 64 court cases on record: 32 filed by Cheema Boilers, 32 filed against it. 10 cases are pending and 54 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 45 | 21 | 6 |
| High courts | 17 | 9 | 3 |
| Supreme Court | 2 | 2 | 1 |
Cases on record (5 of 64)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Court case (Spl .Dkst) | Filed by the company against M/S Bhuleshwar Sugar Works Limited Through Its Chairman and Managing Director | Pending |
| High Court, UTTARPRADESH | Court case (ARPL) | Filed by the company against Ms K.R. Pulp and Papers Limited | Pending |
| District court, Mohali, Punjab | Criminal miscellaneous application | Filed by the company against SLT Power and Infrastructure Projects Pvt. Ltd. and 1 other | Pending |
| District court, Chandigarh | Criminal miscellaneous application | Filed by the company against Icon Cargo P.Ltd. and 2 others | Pending |
| High Court, ANDHRAPRADESH | Court case (AS) | Filed by the company against M/S. Ammireddy Oils Ltd. | Pending |
To see the full case history of Cheema Boilers Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Cheema Boilers Limited was last rated by Crisil on 11 Feb 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 11 Feb 2020 |
To see the full credit ratings and regulatory alerts of Cheema Boilers Limited, buy the company report.
MSME payment delays
Cheema Boilers Limited has 11 MSME Form 1 returns on record between 2019 and 2023, listing 313 overdue payments to 22 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 22)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Kisaan Techno Forge Private Limited | |||
| Conveytech Industries | |||
| Motilal Dished-Ends Works Private Limited | |||
| Ace Alloys LLP |
To see the full MSME payment records of Cheema Boilers Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Cheema Boilers Limited has a workforce of 1,009 employees on its EPFO records as of Jan 31, 2025, across 1 active EPFO establishment.
GST
Cheema Boilers has 15 GST registrations: 13 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AABCC4031B1ZO | Punjab | Active | 01 Jul 2017 |
| 24AABCC4031B1ZK | Gujarat | Active | 01 May 2018 |
| 09AABCC4031B1ZC | Uttar Pradesh | Active | 01 Jun 2018 |
| 27AABCC4031B1ZE | Maharashtra | Active | 01 Jun 2018 |
To see the full GST registrations and return filing status of Cheema Boilers Limited, buy the company report.
Recent activity
Cheema Boilers Limited has 21 board changes on record since 2010: 9 appointments and 12 cessations. The latest: Amarjeet Kaur was appointed as Additional Director on 01 Jun 2025.
114 earlier events are in the company report.
Frequently asked questions
Cheema Boilers is an active public limited company based in Mohali, Punjab, India. The company works in engineering design and consultancy, within the engineering industry. It was incorporated on 18 May 1999 (27+ years old) and is registered under CIN U29246PB1999PLC022583.
Cheema Boilers has 9 current directors:
- Hardeep Singh Cheema - Managing Director
- Sandeep Singh Cheema - Whole-Time Director
- Harsimran Singh Cheema - Whole-Time Director
- Satbir Singh Cheema - Whole-Time Director
- Balwinder Singh Cheema - Whole-Time Director
- Harjinder Singh Cheema - Whole-Time Director
- Amardeep Singh Cheema - Director
- Amarjeet Kaur - Additional Director
- Niveta Rampaul Sharma - Director
The latest financial statements of Cheema Boilers on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 19 August 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Cheema Boilers is 03AABCC4031B1ZO, registered in Punjab. The company has 15 GST registrations in all, of which 13 are active and 2 are cancelled or inactive. Other active GSTINs include 24AABCC4031B1ZK (Gujarat), 09AABCC4031B1ZC (Uttar Pradesh), 27AABCC4031B1ZE (Maharashtra).
The CIN (Corporate Identification Number) of Cheema Boilers is U29246PB1999PLC022583. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cheema Boilers has 64 court cases on record: 32 filed by the company and 32 filed against it. 10 are pending. Most are in the district courts.
Cheema Boilers was incorporated on 18 May 1999, making it 27+ years old. It is registered with the Registrar of Companies, Chandigarh.
Cheema Boilers has 13 deals on record (12 secondary share transfers, 1 funding round), with disclosed funding of ₹85.4 Lakh; the latest was in March 2024.
Amarjeet Kaur was appointed as Additional Director on 01 Jun 2025. Jasbir Virk Singh ceased to be Director on 15 Mar 2025. Kanwaljit Singh Thanewal ceased to be Director on 15 Mar 2025. Cheema Boilers has 21 board changes on record in total.
Cheema Boilers has 11 MSME Form 1 returns on record between 2019 and 2023, listing 313 overdue payments to 22 micro and small suppliers. The latest return was filed on 03 Jul 2024.
Cheema Boilers can be reached through the website cheemaboilers.com. Its registered office is in Mohali, Punjab, India.