MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-33-0019927
Gew Radiators India Private Limited - machinery and equipment in Thane, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹54.96 Cr
▲ 15% YoY
Net profit · FY 2025
₹2.82 Cr
Net margin 5.1%
EBITDA · FY 2025
₹6.42 Cr
EBITDA margin 11.7%
Authorised capital
₹4 Cr
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Open charges
₹23.81 Cr
Satisfied ₹16.7 Cr
Company age
15 yrs
Est. 2011
Directors on board
2
As per MCA filings
About Gew Radiators India Private Limited
Data last updated:
Gew Radiators India Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 01 April 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24100MH2011PTC215651. Its GSTIN is 27AAECG2582Q1Z0 (Maharashtra).
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹50 Lakh. It is led by directors Dinesh Bhaskar Patil and Bhaskar Vithal Patil.
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 Park, Thane, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹54.96 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹2.82 Cr (net margin 5.1%) and EBITDA of ₹6.42 Cr (EBITDA margin 11.7%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 10% over five years.
The company is associated with 1 brand: G E W Radiators. As per MCA filings, the company has open charges of ₹23.81 Cr and satisfied charges of ₹16.7 Cr on record.
Gew Radiators India Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0019927). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gwradiators.com.
Company details
CIN U24100MH2011PTC215651
Registration Number 215651
Incorporation Date 01 April 2011
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-33-0019927
Recognitions & Rankings of Gew Radiators India
Contact details
Gew Radiators India Private Limited's registered office is in Thane, Maharashtra. Its website is gwradiators.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressBldg No. A Unit No1 2 & 3 Gebi Indl. Park Survey No 87/1 (P) Village Sonale Bhiw, Andi, Thane, Maharashtra, India – 421302
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Gew Radiators India Private Limited, buy the company report.
Comprehensive company report
Gew Radiators India 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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Brands
Gew Radiators India operates one associated brand: G E W Radiators. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures and supplies radiators for industrial applications. | gwradiators.com |
Business activity
The main business activity of Gew Radiators India 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 Gew Radiators India Private Limited, buy the company report.
Financials of Gew Radiators India Private Limited
FY 2024 filings availableGew Radiators India Private Limited reported revenue of ₹54.96 Cr (up 15% YoY) for FY 2025.
Revenue · FY 2025
₹54.96 Cr ▲ 15%
Net profit · FY 2025
₹2.82 Cr margin 5.1%
EBITDA · FY 2025
₹6.42 Cr margin 11.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 15%
3 years · compounded
▲ 7%
5 years · compounded
▲ 10%
EBITDA CAGR growth
1 year
▼ 8%
5 years · compounded
▲ 7%
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 15% growth in the latest year. 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 |
|---|---|---|---|---|---|
| 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 | ₹6.42 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.82 Cr | ||||
| 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 | 11.7% | ||||
| 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 | |||||
To see the full financial statements and ratios of Gew Radiators India Private Limited, buy the company report.
Board of directors of Gew Radiators India Private Limited
Gew Radiators India has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dinesh Bhaskar Patil | Director | 01 Apr 2011 | 15 Years 6 Months | Current |
| Bhaskar Vithal Patil | Director | 01 Apr 2011 | 15 Years 6 Months | Current |
Auditor
Gew Radiators India Private Limited is audited by BINITA V & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BINITA V & ASSOCIATES | FY 2022 | 0126418W |
Shareholding
The shareholding of Gew Radiators India 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 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Gew Radiators India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹23.81 Cr
Satisfied charges
₹16.7 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Apr 2023 | 100750586 | Others | ₹25 Lakh | Open | |
| 29 Nov 2022 | 100652493 | Others | ₹68 Lakh | Open | |
| 26 May 2022 | 100584048 | Hdfc Bank Limited | ₹18.83 Lakh | Open | |
| 30 Nov 2021 | 100522049 | Others | ₹1.7 Cr | Open | |
| 01 Dec 2020 | 100400174 | Others | ₹25 Lakh | Open |
To see the full charge records of Gew Radiators India Private Limited, buy the company report.
Total charge records: 19 View all charges
Legal cases
No court or tribunal cases involving Gew Radiators India 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
Gew Radiators India Private Limited has 15 MSME Form 1 returns on record between 2018 and 2023, listing 365 overdue payments to 31 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 31)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Gew Radiators India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Gew Radiators India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECG2582Q1Z0 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Gew Radiators India Private Limited, buy the company report.
Recent activity
Gew Radiators India Private Limited has 4 board changes on record since 2011: 2 appointments and 2 cessations. The latest: Namita Sunil Mayekar ceased to be Director on 02 Sep 2013.
Charges
A charge with Others of Rs. 17.00 Cr registered on 24 Nov 2020 with Charge ID 100389041 was modified on 08 Feb 2025.
AGM
Gew Radiators India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Gew Radiators India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Others amounted to Rs. 0.25 Cr with Charge ID 100750586 was registered on 21 Apr 2023.
Charges
A charge with Others amounted to Rs. 0.68 Cr with Charge ID 100652493 was registered on 29 Nov 2022.
Charges
A charge registered on 24 Nov 2020 via Charge ID 100389038 with Others was fully satisfied on 02 Aug 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.19 Cr with Charge ID 100584048 was registered on 26 May 2022.
Charges
A charge with Others of Rs. 1.70 Cr registered on 30 Nov 2021 with Charge ID 100522049 was modified on 24 Mar 2022.
Charges
A charge with Others amounted to Rs. 1.70 Cr with Charge ID 100522049 was registered on 30 Nov 2021.
Charges
A charge registered on 25 Feb 2016 via Charge ID 100065515 with Others was fully satisfied on 15 Feb 2021.
Charges
A charge with Others of Rs. 0.25 Cr registered on 01 Dec 2020 with Charge ID 100400174 was modified on 06 Feb 2021.
Charges
A charge with Others of Rs. 0.50 Cr registered on 24 Nov 2020 with Charge ID 100389038 was modified on 06 Feb 2021.
31 earlier events are in the company report.
Frequently asked questions
Gew Radiators India is an active private limited company based in Thane, Maharashtra, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 01 April 2011 (15+ years old) and is registered under CIN U24100MH2011PTC215651.
Gew Radiators India has 2 current directors:
- Dinesh Bhaskar Patil - Director
- Bhaskar Vithal Patil - Director
The latest financial statements of Gew Radiators India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Gew Radiators India is 27AAECG2582Q1Z0, registered in Maharashtra.
The CIN (Corporate Identification Number) of Gew Radiators India is U24100MH2011PTC215651. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gew Radiators India was incorporated on 01 April 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
Namita Sunil Mayekar ceased to be Director on 02 Sep 2013. Sunil Savlaram Mayekar ceased to be Director on 02 Sep 2013. Bhaskar Vithal Patil was appointed as Director on 01 Apr 2011. Gew Radiators India has 4 board changes on record in total.
Yes, Gew Radiators India is registered as a small enterprise under Udyam registration (number: UDYAM-MH-33-0019927).
Gew Radiators India has 15 MSME Form 1 returns on record between 2018 and 2023, listing 365 overdue payments to 31 micro and small suppliers. The latest return was filed on 29 Aug 2023.
Gew Radiators India can be reached through the website gwradiators.com. Its registered office is in Thane, Maharashtra, India.
The registered office of Gew Radiators India is at Bldg No. A Unit No1 2 & 3 Gebi Indl. Park Survey No 871 P Village Sonale Bhiw, Andi, Thane, Maharashtra, India – 421302.
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