
About Ferrotherm Induction Private Limited
Data last updated:
Ferrotherm Induction Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 20 April 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U29299PN2004PTC019149. Its GSTIN is 03AAACF7960R1Z5 (Punjab). The company holds 4 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors Vipin Kant Rishi (Managing Director) and Vanita Vipin Kant Rishi.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 81/4B At & Post Shivne Nda Road, Pune, Maharashtra, India – 411023.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.94 Cr, a growth of 19% compared to the previous year. For the same year it recorded a net loss of ₹25.15 Lakh (net margin -5.1%) and EBITDA of ₹14.13 Lakh (EBITDA margin 2.9%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 3% over five years.
The company has about 20 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Ferrotherm Induction. As per MCA filings, the company has open charges of ₹3.81 Cr and satisfied charges of ₹2.71 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ferrotherminduction.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address81/4B At & Post Shivne Nda Road, Pune, Maharashtra, India – 411023
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
- 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
- One PDF report, delivered after checkout
Business Activity of Ferrotherm Induction Private Limited
The main business activity of Ferrotherm Induction is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Ferrotherm Induction Private Limited FY 2024 filings available
Ferrotherm Induction Private Limited reported revenue of ₹4.94 Cr (up 19% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Ferrotherm Induction Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 3% over five years, including 19% growth in the latest year. EBITDA fell 73% 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 of Ferrotherm Induction Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹4.94 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹14.13 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹25.15 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 of Ferrotherm Induction Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -5.1% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Ferrotherm Induction are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Ferrotherm Induction Private Limited
Ferrotherm Induction Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ncm-Shoava Engineers Private Limited | ₹4.96 Cr (FY 2024) | •••• | •••• | 22.0% | •••• | Indore, Madhya Pradesh, India |
| Supreme Fibre Glass Private Limited | ₹4.96 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Vasai, Maharashtra, India |
| Aakash Met Forms Private Limited | ₹4.95 Cr (FY 2025) | •••• | •••• | -31.0% | •••• | Belgaum, Karnataka, India |
| Levcon Jaykay Machinery Pvt. Ltd. | ₹4.94 Cr (FY 2024) | •••• | •••• | 9.0% | •••• | Kolkata, West Bengal, India |
| Newton Engineering and Chemicals Limited | ₹4.94 Cr (FY 2024) | •••• | •••• | 2.0% | •••• | Vadodara, Gujarat, India |
| Ferrotherm Induction Private Limited this company | ₹4.94 Cr (FY 2024) | •••• | •••• | 19.0% | •••• | Pune, Maharashtra, India |
| Aish Technologies Private Limited | ₹4.93 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Ambattur, Tamil Nadu, India |
| Dampf Energy Technologies Private Limited | ₹4.92 Cr (FY 2025) | •••• | •••• | -16.0% | •••• | Sriperumpudur, Tamil Nadu, India |
| Jyoti Equipments Private Limited | ₹4.92 Cr (FY 2024) | •••• | •••• | 5.0% | •••• | New Delhi, Delhi, India |
| Printsmith Private Limited | ₹4.92 Cr (FY 2025) | •••• | •••• | 40.0% | •••• | Jaipur, Rajasthan, India |
| Urjatherm Industries Private Limited | ₹4.92 Cr (FY 2025) | •••• | •••• | 38.0% | •••• | Akurdi, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Ferrotherm Induction by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Ferrotherm Induction Private Limited
Ferrotherm Induction Private Limited is audited by DRBSV & Associates for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| DRBSV & Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Ferrotherm Induction Private Limited
Ferrotherm Induction has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vanita Vipin Kant Rishi Also directs: Otif Components Private Limited, Vinca Salon & Spa Private Limited | Director | 22 Feb 2008 | 18 Years 7 Months | Current |
| Vipin Kant Rishi Also directs: Otif Components Private Limited, Vinca Salon & Spa Private Limited | Managing Director | 01 Apr 2006 | 20 Years 6 Months | Current |
Ownership and Shareholding of Ferrotherm Induction Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Ferrotherm Induction Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Mar 2023 | Others | ₹3.81 Cr | Open |
| 12 Oct 2020 | Others | ₹10.4 Lakh | Satisfied |
| 16 Apr 2019 | Axis Bank Limited | ₹9.91 Lakh | Satisfied |
| 29 Jun 2018 | Others | ₹59 Lakh | Satisfied |
| 21 Mar 2013 | Canara Bank | ₹30 Lakh | Satisfied |
Total charge records: 6 View all charges
Legal Cases of Ferrotherm Induction Private Limited
Ferrotherm Induction Private Limited has 2 court cases on record: 1 filed by Ferrotherm Induction, 1 filed against it. All cases are disposed. Status as checked between 28 Sep 2026 and 01 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Shreeji Marketing Corporation | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Ferrotherm Induction Private Limited
Ferrotherm Induction Private Limited has 14 MSME Form 1 returns on record between 2019 and 2024, listing 471 overdue payments to 36 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 36)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Orien Automation & Services | •••• | •••• | •••• |
| Kwik Flex Industries | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Friend's Industrial Suppliers Private Limited | •••• | •••• | •••• |
| Mittal Agencies | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 14 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Ferrotherm Induction Private Limited
Ferrotherm Induction operates one associated brand: Ferrotherm Induction. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of induction heating equipment and related services in India. | ferrotherminduction.com |
Employees and EPFO Compliance at Ferrotherm Induction Private Limited
Ferrotherm Induction Private Limited has a workforce of 20 employees as of Oct 11, 2025.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Ferrotherm Induction Private Limited
Ferrotherm Induction Private Limited has 5 board changes on record since 2006: 2 appointments and 3 cessations. The latest: Vipin Kant Rishi ceased to be Director on 16 Apr 2012.
8 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Ferrotherm Induction Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Ferrotherm Induction Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Ferrotherm Induction Private Limited
Ferrotherm Induction has 4 GST registrations: 3 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAACF7960R1Z5 | Punjab | Active | 01 Jul 2017 |
| 27AAACF7960R1ZV | Maharashtra | Active | 01 Jul 2017 |
| 06AAACF7960R2ZY | Haryana | Active | 23 Jan 2022 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Ferrotherm Induction Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Ferrotherm Induction Private Limited
Ferrotherm Induction is an active private limited company based in Pune, Maharashtra, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 20 April 2004 (22+ years old) and is registered under CIN U29299PN2004PTC019149.
Ferrotherm Induction reported revenue of ₹4.94 Cr for FY 2024 (up 19% YoY).
Ferrotherm Induction has 2 current directors:
- Vipin Kant Rishi - Managing Director
- Vanita Vipin Kant Rishi - Director
Ferrotherm Induction reported a net loss of ₹25.15 Lakh (net margin -5.1%) and EBITDA of ₹14.13 Lakh (EBITDA margin 2.9%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ferrotherm Induction is 17% over three years and 3% over five years. In the latest year (FY 2024) revenue rose 19%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ferrotherm Induction is 03AAACF7960R1Z5, registered in Punjab. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 27AAACF7960R1ZV (Maharashtra), 06AAACF7960R2ZY (Haryana).
The CIN (Corporate Identification Number) of Ferrotherm Induction is U29299PN2004PTC019149. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ferrotherm Induction has 2 court cases on record: 1 filed by the company and 1 filed against it.
Ferrotherm Induction was incorporated on 20 April 2004, making it 22+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Ferrotherm Induction by revenue are Ncm-Shoava Engineers Private Limited, Supreme Fibre Glass Private Limited, Aakash Met Forms Private Limited, Levcon Jaykay Machinery Pvt. Ltd, Newton Engineering and Chemicals Limited and 5 more, all in the Machinery and Equipment industry (Industrial Products Manufacturers).
Vipin Kant Rishi ceased to be Director on 16 Apr 2012. Vanita Vipin Kant Rishi ceased to be Additional Director on 30 Sep 2008. Kulbhushan Goyal ceased to be Director on 25 Feb 2008. Ferrotherm Induction has 5 board changes on record in total.
Ferrotherm Induction has 14 MSME Form 1 returns on record between 2019 and 2024, listing 471 overdue payments to 36 micro and small suppliers. The latest return was filed on 08 May 2024.