About Clean Combustions Private Limited
Data last updated:
Clean Combustions Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 17 October 1980 and has been in existence for over 46 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U27310GJ1980PTC003989. Its GSTIN is 24AAACC7697J1ZA (Gujarat).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹39.49 Lakh. It was formerly known as Boilertech Engineers Private Limited. It is led by directors Indiraben Mohindersingh Walia and Rajesh Mohindersingh Walia.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No. 701 GIDC Kerala Industrial Estate Village Kerala Taluka Dholka, Ahmedabad, Gujarat, India – 382220.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.01 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹1.9 Lakh (net margin 0.5%) and EBITDA of ₹13.79 Lakh (EBITDA margin 3.4%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 11% over five years.
As per MCA filings, the company has open charges of ₹15 Lakh and satisfied charges of ₹1 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website waliaboiler.com.
Company details
Contact details
Clean Combustions Private Limited's registered office is in Ahmedabad, Gujarat. Its website is waliaboiler.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. 701 GIDC Kerala Industrial Estate Village Kerala Taluka Dholka, Ahmedabad, Gujarat, India – 382220
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Clean Combustions Private 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
Business activity
The main business activity of Clean Combustions is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| 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 |
To see the full business activity and turnover split of Clean Combustions Private Limited, buy the company report.
Financials of Clean Combustions Private Limited
FY 2025 filings availableClean Combustions Private Limited reported revenue of ₹4.01 Cr (up 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 2% growth in the latest year. EBITDA fell 20% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹13.79 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.9 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.4% | ||||
| Net Profit Margin | 0.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Clean Combustions Private Limited, buy the company report.
Board of directors of Clean Combustions Private Limited
Clean Combustions has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Indiraben Mohindersingh Walia Also directs: Walia Engineering Associates Pvt Ltd | Director | 17 Oct 1980 | 46 Years 0 Months | Current |
| Rajesh Mohindersingh Walia Also directs: Walia Engineering Associates Pvt Ltd | Director | 15 Jan 1994 | 32 Years 9 Months | Current |
Peer comparison
Clean Combustions Private Limited is compared with the 3 companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Lubsa Multilub Systems Private Limited | ₹4.03 Cr (FY 2025) | 29.0% | Faridabad, Haryana, India | |||
| Clean Combustions Private Limitedthis company | ₹4.01 Cr (FY 2025) | ₹1.9 Lakh | 0.5% | 2.0% | Ahmedabad, Gujarat, India | |
| Watlow Thermal Solutions India Private Limited | ₹4.01 Cr (FY 2024) | -21.0% | Sriperumbudur, Tamil Nadu, India | |||
| Nashik Autoweld Systems Private Limited | ₹4.01 Cr (FY 2024) | 38.0% | Nashik, Maharashtra, India |
To see the full peer comparison of Clean Combustions Private Limited, buy the company report.
Auditor
Clean Combustions Private Limited is audited by DIPAK CHOKSHI & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DIPAK CHOKSHI & ASSOCIATES | FY 2019 | 112034W |
Shareholding
The shareholding of Clean Combustions Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Clean Combustions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 May 2023 | 100747160 | Hdfc Bank Limited | ₹15 Lakh | Open | |
| 15 Jul 1999 | 90111470 | State Bank of India | ₹35 Lakh | Satisfied | |
| 31 May 1997 | 90107627 | State Bank of India | ₹65 Lakh | Satisfied |
To see the full charge records of Clean Combustions Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Clean Combustions Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Clean Combustions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Clean Combustions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACC7697J1ZA | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Clean Combustions Private Limited, buy the company report.
Recent activity
Clean Combustions Private Limited has 3 board changes on record since 1980: 2 appointments and 1 cessation. The latest: Mohindersingh Nathusingh Walia ceased to be Director on 18 Nov 2009.
Frequently asked questions
Clean Combustions is an active private limited company based in Ahmedabad, Gujarat, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 17 October 1980 (46+ years old) and is registered under CIN U27310GJ1980PTC003989.
Clean Combustions has 2 current directors:
- Indiraben Mohindersingh Walia - Director
- Rajesh Mohindersingh Walia - Director
The latest financial statements of Clean Combustions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Clean Combustions is 24AAACC7697J1ZA, registered in Gujarat.
The CIN (Corporate Identification Number) of Clean Combustions is U27310GJ1980PTC003989. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Clean Combustions was incorporated on 17 October 1980, making it 46+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Clean Combustions by revenue are Lubsa Multilub Systems Private Limited, Watlow Thermal Solutions India Private Limited, Nashik Autoweld Systems Private Limited, all in the Machinery and Equipment industry (Industrial Products Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Mohindersingh Nathusingh Walia ceased to be Director on 18 Nov 2009. Rajesh Mohindersingh Walia was appointed as Director on 15 Jan 1994. Indiraben Mohindersingh Walia was appointed as Director on 17 Oct 1980.
Clean Combustions can be reached through the website waliaboiler.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Clean Combustions is at Plot No. 701 GIDC Kerala Industrial Estate Village Kerala Taluka Dholka, Ahmedabad, Gujarat, India – 382220.
Clean Combustions operates in the machinery and equipment industry, in the industrial machinery manufacturing segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
