About Elite Thermal Engineers P Ltd
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Elite Thermal Engineers P Ltd is a private limited company based in Phaltan, Maharashtra, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 05 January 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U29198PN1994PTC166028. Its GSTIN is 27AAACE6241L1ZK (Maharashtra).
The company has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹35 Lakh. It is led by directors including Amol Dilip Atre (Managing Director) and Kalpita Amol Atre.
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 Gat No.558 Village Wing Post Shirwal, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.17 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹50,452 (net margin 0.1%) and EBITDA of ₹16.41 Lakh (EBITDA margin 2.7%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 2% over five years.
As per MCA filings, the company has open charges of ₹2.55 Cr and satisfied charges of ₹4.31 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it. The company has 8 deals on record (4 secondary share transfers, 3 funding rounds, 1 rights issue), with disclosed funding of ₹53 Lakh; the latest was in June 2016. The company has 7 MSME Form 1 returns on record between 2019 and 2022, listing 949 overdue payments to 79 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 elitethermal.in.
Company details
CIN history
Elite Thermal Engineers P has one previous CIN (Corporate Identification Number): U29198MH1994PTC075909. The current CIN is U29198PN1994PTC166028, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29198PN1994PTC166028 | Current |
| U29198MH1994PTC075909 | Previous |
Contact details
Elite Thermal Engineers P Ltd's registered office is in Phaltan, Maharashtra. Its website is elitethermal.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressGat No.558 Village Wing Post Shirwal, Tal Khandala Dist Satara 412801 Maharashtra India., Phaltan, Maharashtra, India – 412801
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Elite Thermal Engineers P Ltd, 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 Elite Thermal Engineers P 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 Elite Thermal Engineers P Ltd, buy the company report.
Financials of Elite Thermal Engineers P Ltd
FY 2025 filings availableElite Thermal Engineers P Ltd reported revenue of ₹6.17 Cr (up 13% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 2% over five years, including 13% growth in the latest year. EBITDA fell 9% 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 | ₹16.41 Lakh | ||||
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| Net Profit (PAT) | ₹50,452 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.7% | ||||
| Net Profit Margin | 0.1% | ||||
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To see the full financial statements and ratios of Elite Thermal Engineers P Ltd, buy the company report.
Board of directors of Elite Thermal Engineers P Ltd
Elite Thermal Engineers P has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kalpita Amol Atre | Director | 08 Jun 2015 | 11 Years 4 Months | Current |
| Amol Dilip Atre Also directs: Vapor Engineers Private Limited | Managing Director | 24 Jun 2011 | 15 Years 4 Months | Current |
| Geeta Dilip Atre Also directs: Vapor Engineers Private Limited | Director | 05 Jan 1994 | 32 Years 9 Months | Current |
| Lalit Khemchand Gandhi | Director | 04 Dec 2015 | 10 Years 10 Months | Current |
Auditor
Elite Thermal Engineers P Ltd is audited by B.L. PHATAK & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B.L. PHATAK & CO. | FY 2023 | 107902W |
Shareholding
The shareholding of Elite Thermal Engineers P Ltd is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Elite Thermal Engineers P Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Sep 2008 | 10125760 | The Saraswat Co-Operative Bank Limited | ₹1.75 Cr | Open | |
| 29 Sep 2008 | 10126299 | The Saraswat Co-Operative Bank Limited | ₹80 Lakh | Open | |
| 14 Dec 2015 | 10611564 | The Saraswat Co-Operative Bank Limited | ₹7.15 Lakh | Satisfied | |
| 11 Sep 2014 | 10526108 | Mahindra and Mahindra Financial Services Limited | ₹4.35 Lakh | Satisfied | |
| 11 Feb 2013 | 10409745 | Bank of Maharashtra | ₹85 Lakh | Satisfied |
To see the full charge records of Elite Thermal Engineers P Ltd, buy the company report.
Total charge records: 11 View all charges
Deals & funding
Elite Thermal Engineers P Ltd has 8 deals on record (4 secondary share transfers, 3 funding rounds, 1 rights issue), with disclosed funding of ₹53 Lakh; the latest was in June 2016.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2016 | Secondary share transfer | Undisclosed | Seller: an individual |
| Mar 2015 | Rights issue | ₹24 Lakh | Investors: Vapor Engineers Private Limited |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 4 individuals |
| Mar 2010 | Funding round | ₹10 Lakh | Investors: 2 individuals |
| Mar 2008 | Funding round | ₹8 Lakh | Investors: 3 individuals |
To see the full deal history of Elite Thermal Engineers P Ltd, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Elite Thermal Engineers P Ltd has 3 court cases on record: 2 filed by Elite Thermal Engineers P, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Ms Kirloskar Pneumatic Co. Ltd. | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Elite Thermal Engineers P Ltd, 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.
MSME payment delays
Elite Thermal Engineers P Ltd has 7 MSME Form 1 returns on record between 2019 and 2022, listing 949 overdue payments to 79 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 79)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| Eureka Engineering Enterprises | |||
| an individual supplier |
To see the full MSME payment records of Elite Thermal Engineers P Ltd, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Elite Thermal Engineers P has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACE6241L1ZK | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Elite Thermal Engineers P Ltd, buy the company report.
Recent activity
Elite Thermal Engineers P Ltd has 14 board changes on record since 1994: 9 appointments and 5 cessations. The latest: Asmita Ashok Atre ceased to be Director on 22 Jul 2024.
29 earlier events are in the company report.
Frequently asked questions
Elite Thermal Engineers P is an active private limited company based in Phaltan, Maharashtra, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 05 January 1994 (32+ years old) and is registered under CIN U29198PN1994PTC166028.
Elite Thermal Engineers P has 4 current directors:
- Amol Dilip Atre - Managing Director
- Kalpita Amol Atre - Director
- Geeta Dilip Atre - Director
- Lalit Khemchand Gandhi - Director
The latest financial statements of Elite Thermal Engineers P 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 Elite Thermal Engineers P is 27AAACE6241L1ZK, registered in Maharashtra.
The CIN (Corporate Identification Number) of Elite Thermal Engineers P is U29198PN1994PTC166028. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Elite Thermal Engineers P has 3 court cases on record: 2 filed by the company and 1 filed against it.
Elite Thermal Engineers P was incorporated on 05 January 1994, making it 32+ years old. It is registered with the Registrar of Companies, Pune.
Elite Thermal Engineers P has 8 deals on record (4 secondary share transfers, 3 funding rounds, 1 rights issue), with disclosed funding of ₹53 Lakh; the latest was in June 2016.
Asmita Ashok Atre ceased to be Director on 22 Jul 2024. Ashok Dattatray Atre ceased to be Director on 19 Jan 2021. Asmita Ashok Atre was appointed as Director on 05 Aug 2019. Elite Thermal Engineers P has 14 board changes on record in total.
Elite Thermal Engineers P has 7 MSME Form 1 returns on record between 2019 and 2022, listing 949 overdue payments to 79 micro and small suppliers. The latest return was filed on 24 Feb 2023.
Elite Thermal Engineers P can be reached through the website elitethermal.in. Its registered office is in Phaltan, Maharashtra, India.