MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-WB-10-0016763
Essel Thermoware Private Limited - home & lifestyle in Kolkata, West Bengal, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹28.92 Cr
▲ 13% YoY
Net loss · FY 2025
₹17.86 Lakh
Net margin -0.6%
EBITDA · FY 2025
₹2.64 Cr
EBITDA margin 9.1%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Open charges
₹69.57 Cr
Secured borrowings
Company age
23 yrs
Est. 2003
Employees · EPFO
60
Provident fund records
About Essel Thermoware Private Limited
Data last updated:
Essel Thermoware Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the crockery and kitchenware manufacturing segment of the home and lifestyle products sector. It was incorporated on 03 November 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U25209WB2003PTC097192. Its GSTIN is 19AABCE3661R1Z2 (West Bengal).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Basudeb Mukherjee and Nidhi Goyal.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Hmp House 4 Fairlie Place5Th Floor, Kolkata, West Bengal, India – 700001.
As per the financials filed for FY 2025, the company reported a revenue of ₹28.92 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net loss of ₹17.86 Lakh (net margin -0.6%) and EBITDA of ₹2.64 Cr (EBITDA margin 9.1%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years and 3% over five years.
The company has about 60 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹69.57 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company; 1 case is pending. The company has 12 deals on record (7 funding rounds, 5 secondary share transfers), with disclosed funding of ₹10.65 Cr; the latest was in March 2018. Its 10 peer companies in the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products) are compared by revenue, 5 larger and 5 smaller; the largest is Logart Ceramic Private Limited with revenue of ₹29.02 Cr.
Essel Thermoware Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-WB-10-0016763). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website esselindia.com.
Company details
CIN U25209WB2003PTC097192
Registration Number 097192
Incorporation Date 03 November 2003
ROC Kolkata
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-WB-10-0016763
Recognitions & Rankings of Essel Thermoware
Contact details
Essel Thermoware Private Limited's registered office is in Kolkata, West Bengal. Its website is esselindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressHmp House 4 Fairlie Place5Th Floor, Kolkata, West Bengal, India – 700001
- IndustryHome & Lifestyle, Crockery & Kitchenware Manufacturing
To see the full contact details of Essel Thermoware Private Limited, buy the company report.
Comprehensive company report
Essel Thermoware Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Essel Thermoware is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Essel Thermoware Private Limited, buy the company report.
Financials of Essel Thermoware Private Limited
FY 2024 filings availableEssel Thermoware Private Limited reported revenue of ₹28.92 Cr (up 13% YoY) for FY 2025.
Revenue · FY 2025
₹28.92 Cr ▲ 13%
Net loss · FY 2025
₹17.86 Lakh margin -0.6%
EBITDA · FY 2025
₹2.64 Cr margin 9.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 13%
3 years · compounded
▼ 6%
5 years · compounded
▼ 3%
EBITDA CAGR growth
1 year
▲ 9%
3 years · compounded
▼ 2%
5 years · compounded
▼ 3%
Revenue rose 13% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 3%. EBITDA rose 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.64 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹17.86 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 | |||||
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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 | 9.1% | ||||
| Net Profit Margin | -0.6% | ||||
| 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 Essel Thermoware Private Limited, buy the company report.
Board of directors of Essel Thermoware Private Limited
Essel Thermoware has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Basudeb Mukherjee | Director | 12 Nov 2024 | 1 Years 11 Months | Current |
| Nidhi Goyal Also directs: Dynamic Infraproperties Private Limited, Hill Queen Impex Pvt Ltd, Crabel Projects Private Limited and 5 more | Director | 28 Jun 2012 | 14 Years 4 Months | Current |
| Rajkumari Goyal Also directs: S L Polypack Pvt Ltd, Essel Kitchenware Limited, Rainbow Infraestates Private Limited and 5 more | Director | 28 Jun 2012 | 14 Years 4 Months | Current |
| Abhishek Goyal Also directs: S L Polypack Pvt Ltd, Essel Kitchenware Limited, Rainbow Infraestates Private Limited and 5 more | Director | 07 Sep 2009 | 17 Years 1 Months | Current |
Peer comparison
Essel Thermoware Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Logart Ceramic Private Limited | ₹29.02 Cr (FY 2024) | 14.0% | Sapar, Gujarat, India | |||
| Jai Polymers Co Pvt Ltd | ₹29.01 Cr (FY 2024) | 13.0% | Udaipur, Rajasthan, India | |||
| JBL Saks Private Limited | ₹28.99 Cr (FY 2025) | 9.0% | Thane, Maharashtra, India | |||
| Shaila Polysacks Private Limited | ₹28.98 Cr (FY 2025) | 10.0% | Hyderabad, Telangana, India | |||
| Balaji Sales Corporation Private Limited | ₹28.97 Cr (FY 2024) | 14.0% | Delhi, India | |||
| Essel Thermoware Private Limitedthis company | ₹28.92 Cr (FY 2025) | -₹17.86 Lakh | -0.6% | 13.0% | 60 | Kolkata, West Bengal, India |
| Sepal Tiles Private Limited | ₹28.9 Cr (FY 2025) | 6.0% | Sartanpar, Gujarat, India | |||
| Abhijeet Industries Private Limited | ₹28.89 Cr (FY 2025) | -5.0% | Vasai, Maharashtra, India | |||
| Associated Latex India Private Limited | ₹28.89 Cr (FY 2025) | 34.0% | Kozhikode, Kerala, India | |||
| Orient Polypack Private Limited | ₹28.87 Cr (FY 2025) | 34.0% | Jalna, Maharashtra, India | |||
| Vyshnavi Fillers Private Limited | ₹28.87 Cr (FY 2017) | -65.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Essel Thermoware Private Limited, buy the company report.
Auditor
Essel Thermoware Private Limited is audited by S.DHAR & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.DHAR & ASSOCIATES | FY 2023 | 312173E |
Shareholding
The shareholding of Essel Thermoware Private Limited 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 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Essel Thermoware Private Limited, buy the company report.
Charges & borrowings
Open charges
₹69.57 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Mar 2025 | 101130302 | Others | ₹83.07 Lakh | Open | |
| 17 May 2021 | 100449730 | Others | ₹34.82 Cr | Open | |
| 19 Apr 2011 | 10290307 | Indian Bank | ₹33.92 Cr | Open |
To see the full charge records of Essel Thermoware Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Essel Thermoware Private Limited has 12 deals on record (7 funding rounds, 5 secondary share transfers), with disclosed funding of ₹10.65 Cr; the latest was in March 2018.
Total deals
12
Funding rounds
7
Secondary share transfers
5
Disclosed funding
₹10.65 Cr
Deals on record (5 of 12)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: Crabel Projects Private Limited , Shivkripa Developers Private Limited , 2 individuals Seller: Jamuna Distributors Private Limited , Shagun Shree Construction Private Limited , Aashish Retail Garments Private Limited |
| Jun 2017 | Funding round | ₹43.4 Lakh | Investors: Bhikshu Polymers Private Limited |
| Dec 2016 | Funding round | ₹1.64 Cr | Investors: Bhikshu Polymers Private Limited |
| Mar 2014 | Funding round | ₹1 Cr | Investors: Bengal Commercial & Credit Private Limited |
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: Bhikshu Polymers Private Limited , 2 individuals Seller: Gurukul Sales Private Limited. , Nivedan Realtors Private Limited , Jamuna Distributors Private Limited , an individual |
To see the full deal history of Essel Thermoware Private 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
Essel Thermoware Private Limited has 2 court cases on record: 2 filed by Essel Thermoware. 1 case is pending and 1 is disposed.
Total cases
2
Filed by the company
2
Pending
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
| High courts | 1 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against an individual | Pending |
| High Court | Writ petition | Filed by the company against State of West Bengal and Ors | Disposed |
To see the full case history of Essel Thermoware Private 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
Essel Thermoware Private Limited was last rated by Crisil on 19 Oct 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 19 Oct 2020 |
To see the full credit ratings and regulatory alerts of Essel Thermoware Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Essel Thermoware Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Essel Thermoware Private Limited has a workforce of 60 employees on its EPFO records as of Apr 06, 2024, across 2 active EPFO establishments.
Employee count
60
Active EPFO establishments
2
Employee growth
-25%
GST
Essel Thermoware has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AABCE3661R1Z2 | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Essel Thermoware Private Limited, buy the company report.
Recent activity
Essel Thermoware Private Limited has 9 board changes on record since 2009: 4 appointments and 5 cessations. The latest: Basudeb Mukherjee was appointed as Director on 12 Nov 2024.
AGM
Essel Thermoware Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 0.83 Cr with Charge ID 101130302 was registered on 27 Mar 2025.
Appointed
Basudeb Mukherjee was appointed as Director.
Filing
Essel Thermoware Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.
Charges
A charge with Others of Rs. 34.82 Cr registered on 17 May 2021 with Charge ID 100449730 was modified on 03 Sep 2022.
Charges
A charge with Others amounted to Rs. 34.82 Cr with Charge ID 100449730 was registered on 17 May 2021.
Charges
A charge with Indian Bank of Rs. 33.92 Cr registered on 19 Apr 2011 with Charge ID 10290307 was modified on 29 Apr 2019.
Ceased
Basudeb Mukherjee ceased to be Whole-Time Director.
Ceased
Lata Goyal ceased to be Director.
Ceased
Tripti Goyal ceased to be Director.
Appointed
Nidhi Goyal was appointed as Director.
Appointed
Rajkumari Goyal was appointed as Director.
5 earlier events are in the company report.
Frequently asked questions
Essel Thermoware is an active private limited company based in Kolkata, West Bengal, India. The company works in crockery and kitchenware manufacturing, within the home and lifestyle industry. It was incorporated on 03 November 2003 (23+ years old) and is registered under CIN U25209WB2003PTC097192.
Essel Thermoware has 4 current directors:
- Basudeb Mukherjee - Director
- Nidhi Goyal - Director
- Rajkumari Goyal - Director
- Abhishek Goyal - Director
The latest financial statements of Essel Thermoware on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Essel Thermoware is 19AABCE3661R1Z2, registered in West Bengal.
The CIN (Corporate Identification Number) of Essel Thermoware is U25209WB2003PTC097192. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Essel Thermoware has 2 court cases on record: 2 filed by the company. 1 is pending. Most are in the district courts.
Essel Thermoware was incorporated on 03 November 2003, making it 23+ years old. It is registered with the Registrar of Companies, Kolkata.
Essel Thermoware has 12 deals on record (7 funding rounds, 5 secondary share transfers), with disclosed funding of ₹10.65 Cr; the latest was in March 2018.
The peers of Essel Thermoware by revenue are Logart Ceramic Private Limited, Jai Polymers Co Pvt Ltd, JBL Saks Private Limited, Shaila Polysacks Private Limited, Balaji Sales Corporation Private Limited and 5 more, all in the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Basudeb Mukherjee was appointed as Director on 12 Nov 2024. Basudeb Mukherjee ceased to be Whole-Time Director on 18 Jun 2015. Lata Goyal ceased to be Director on 30 Jun 2012. Essel Thermoware has 9 board changes on record in total.
Yes, Essel Thermoware is registered as a small enterprise under Udyam registration (number: UDYAM-WB-10-0016763).
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