MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-19-0000382
Hamon Cooling Systems Private Limited - machinery and equipment in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹266.2 Cr
▲ 21% YoY
Net profit · FY 2025
₹6.3 Cr
Net margin 2.4%
EBITDA · FY 2025
₹10.18 Cr
EBITDA margin 3.8%
Authorised capital
₹108.19 Cr
Registered with MCA
Paid-up capital
₹108.01 Cr
Issued & subscribed
Open charges
₹74.45 Cr
Satisfied ₹274.61 Cr
Company age
55 yrs
Est. 1971
Employees · EPFO
872
Provident fund records
About Hamon Cooling Systems Private Limited
Data last updated:
Hamon Cooling Systems Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Hamon India Thermal Engineers And Contracttors Private Limited. It operates in the industrial compressors and pneumatic systems segment of the machinery and industrial equipment sector. It was incorporated on 10 March 1971 and has been in existence for over 55 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29222MH1971PTC015045. Its GSTIN is 27AAACT2254Q2ZX (Maharashtra). The company holds 10 GST registrations, of which 9 are active.
The company has an authorised share capital of ₹108.19 Cr and a paid-up capital of ₹108.01 Cr. It was formerly known as Hamon Shriram Cottrell Private Limited and Thermopack Engineers Pvt Ltd. It is led by directors Akhileshwar Gangadeen Chorasiya and Nootan Sureshchandra Chorasiya.
Its last annual general meeting (AGM) was held on 23 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 3A – 8A Main Frame Ground Floor Royal Palm Complex Goregaon, Mumbai, Maharashtra, India – 400065.
As per the financials filed for FY 2025, the company reported a revenue of ₹266.2 Cr, a growth of 21% compared to the previous year. For the same year it recorded a net profit of ₹6.3 Cr (net margin 2.4%) and EBITDA of ₹10.18 Cr (EBITDA margin 3.8%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years and 27% over five years.
The company has about 872 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Hamon. As per MCA filings, the company has open charges of ₹74.45 Cr and satisfied charges of ₹274.61 Cr on record. Court records list 38 cases involving the company, including 15 filed by the company and 23 filed against it; 12 cases are pending. The company has 18 deals on record (8 funding rounds, 7 secondary share transfers, 3 rights issues), with disclosed funding of ₹112 Cr; the latest was in January 2023.
Hamon Cooling Systems Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0000382). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hamon.com.
Company details
CIN U29222MH1971PTC015045
Registration Number 015045
Incorporation Date 10 March 1971
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 23 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Hamon India Thermal Engineers And Contracttors Private Limited
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-19-0000382
Name history
Hamon Cooling Systems has undergone 4 name changes throughout its history. The current legal name is Hamon Cooling Systems Private Limited.
| Company Name | Status |
|---|---|
| Hamon Cooling Systems Private Limited | Current |
| Hamon Shriram Cottrell Private Limited | Previous |
| Thermopack Engineers Pvt Ltd | Previous |
| Hamon Research-Cottrell Cooling India Private Limited | Previous |
| Hamon Thermopack Engineers Private Limited | Previous |
Recognitions & Rankings of Hamon Cooling Systems
Contact details
Hamon Cooling Systems Private Limited's registered office is in Mumbai, Maharashtra. Its website is hamon.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address3A – 8A Main Frame Ground Floor Royal Palm Complex Goregaon, Mumbai, Maharashtra, India – 400065
- IndustryMachinery and Equipment, Industrial Compressors & Pneumatic Systems
To see the full contact details of Hamon Cooling Systems Private Limited, buy the company report.
Comprehensive company report
Hamon Cooling Systems 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Hamon Cooling Systems is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities |
To see the full business activity and turnover split of Hamon Cooling Systems Private Limited, buy the company report.
Financials of Hamon Cooling Systems Private Limited
FY 2025 filings availableHamon Cooling Systems Private Limited reported revenue of ₹266.2 Cr (up 21% YoY) for FY 2025.
Revenue · FY 2025
₹266.2 Cr ▲ 21%
Net profit · FY 2025
₹6.3 Cr margin 2.4%
EBITDA · FY 2025
₹10.18 Cr margin 3.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 21%
3 years · compounded
▲ 29%
5 years · compounded
▲ 27%
EBITDA CAGR growth
1 year
▼ 48%
3 years · compounded
▲ 11%
5 years · compounded
▲ 26%
Revenue has grown at a compounded annual rate (CAGR) of 27% over five years, including 21% growth in the latest year. EBITDA fell 48% 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 | ₹10.18 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹6.3 Cr | ||||
| Balance Sheet | |||||
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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 | 3.8% | ||||
| Net Profit Margin | 2.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Hamon Cooling Systems Private Limited, buy the company report.
Board of directors of Hamon Cooling Systems Private Limited
Hamon Cooling Systems has 2 current directors and 20 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Akhileshwar Gangadeen Chorasiya Also directs: Cleanflow Technologies Private Limited | Director | 19 Oct 2022 | 4 Years 0 Months | Current |
| Nootan Sureshchandra Chorasiya | Director | 18 Mar 2023 | 3 Years 7 Months | Current |
Auditor
Hamon Cooling Systems Private Limited is audited by M S K A & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M S K A & ASSOCIATES | FY 2023 | 105047W |
Shareholding
The shareholding of Hamon Cooling Systems 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 Hamon Cooling Systems Private Limited, buy the company report.
Charges & borrowings
Open charges
₹74.45 Cr
Satisfied charges
₹274.61 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Sep 2025 | 101173529 | Others | ₹28.45 Lakh | Open | |
| 13 Sep 2024 | 100973411 | Hdfc Bank Limited | ₹37 Cr | Open | |
| 27 Oct 2023 | 100866018 | Others | ₹17 Lakh | Open | |
| 28 Mar 2023 | 100696328 | Others | ₹37 Cr | Open | |
| 11 Jun 2025 | 101120334 | Others | ₹5 Cr | Satisfied |
To see the full charge records of Hamon Cooling Systems Private Limited, buy the company report.
Total charge records: 23 View all charges
Deals & funding
Hamon Cooling Systems Private Limited has 18 deals on record (8 funding rounds, 7 secondary share transfers, 3 rights issues), with disclosed funding of ₹112 Cr; the latest was in January 2023.
Total deals
18
Funding rounds
8
Secondary share transfers
7
Rights issues
3
Disclosed funding
₹112 Cr
Deals on record (5 of 18)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2019 | Secondary share transfer | Undisclosed | Buyer: Hamon India Thermal Engineers & Contractors Private Limited Seller: SVL Limited |
| Nov 2017 | Rights issue | ₹7.72 Cr | Investors: SVL Limited , Hamon India Thermal Engineers & Contractors Private Limited |
| Jun 2016 | Rights issue | ₹18.5 Cr | Investors: Hamon India Thermal Engineers & Contractors Private Limited, SVL Limited |
| Mar 2015 | Funding round | ₹34.18 Cr | Investors: Hamon India Thermal Engineers & Contractors Private Limited, SVL Limited |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: SVL Limited , Hamon India Thermal Engineers & Contractors Private Limited Seller: Sepc Limited , an individual |
To see the full deal history of Hamon Cooling Systems 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
Hamon Cooling Systems Private Limited has 38 court cases on record: 15 filed by Hamon Cooling Systems, 23 filed against it. 12 cases are pending and 26 are disposed.
Total cases
38
Filed by the company
15
Filed against the company
23
Pending
12
Disposed
26
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 20 | 16 | 5 |
| High courts | 18 | 7 | 7 |
Cases on record (5 of 38)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Hamon India Thermal Engineers and Contracttors Private Limited | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed by the company against Hamon India Thermal Engineers and Contracttors Private Limited and 1 other | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial matter | Filed against the company by Avi Global Plast Pvt Ltd., | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (Summons For Judgement) | Filed against the company by Avi Global Plast Pvt Ltd., | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by Avi Global Plast Pvt Ltd., | Disposed |
To see the full case history of Hamon Cooling Systems 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
Hamon Cooling Systems Private Limited was last rated by Care on 05 Apr 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 05 Apr 2022 |
To see the full credit ratings and regulatory alerts of Hamon Cooling Systems Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Hamon Cooling Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Hamon Cooling Systems Private Limited has a workforce of 872 employees on its EPFO records as of Mar 24, 2024, across 1 active EPFO establishment.
Employee count
872
Active EPFO establishments
1
Employee growth
43.42%
GST
Hamon Cooling Systems has 10 GST registrations: 9 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
10
Active
9
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACT2254Q2ZX | Maharashtra | Active | 24 Jul 2017 |
| 09AAACT2254Q1ZW | Uttar Pradesh | Active | 01 Jul 2017 |
| 21AAACT2254Q1ZA | Odisha | Active | 01 Jul 2017 |
| 24AAACT2254Q1Z4 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Hamon Cooling Systems Private Limited, buy the company report.
Recent activity
Hamon Cooling Systems Private Limited has 22 board changes on record since 2009: 2 appointments and 20 cessations. The latest: Akash Ohri ceased to be Director on 31 Dec 2023.
AGM
Hamon Cooling Systems Private Limited last Annual general meeting of members was held on 23 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 0.28 Cr with Charge ID 101173529 was registered on 06 Sep 2025.
Charges
A charge registered on 11 Jun 2025 via Charge ID 101120334 with Others was fully satisfied on 02 Sep 2025.
Charges
A charge with Others amounted to Rs. 5.00 Cr with Charge ID 101120334 was registered on 11 Jun 2025.
Filing
Hamon Cooling Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Hdfc Bank Limited of Rs. 37.00 Cr registered on 13 Sep 2024 with Charge ID 100973411 was modified on 27 Jan 2025.
Charges
A charge registered on 30 Mar 2024 via Charge ID 100907061 with Others was fully satisfied on 09 Dec 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 37.00 Cr with Charge ID 100973411 was registered on 13 Sep 2024.
Charges
A charge with Others amounted to Rs. 3.00 Cr with Charge ID 100907061 was registered on 30 Mar 2024.
Ceased
Akash Ohri ceased to be Director.
Charges
A charge with Others of Rs. 37.00 Cr registered on 28 Mar 2023 with Charge ID 100696328 was modified on 28 Dec 2023.
Charges
A charge with Others amounted to Rs. 0.17 Cr with Charge ID 100866018 was registered on 27 Oct 2023.
63 earlier events are in the company report.
Frequently asked questions
Hamon Cooling Systems is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial compressors and pneumatic systems, within the machinery and equipment industry. It was incorporated on 10 March 1971 (55+ years old) and is registered under CIN U29222MH1971PTC015045.
Hamon Cooling Systems has 2 current directors:
- Akhileshwar Gangadeen Chorasiya - Director
- Nootan Sureshchandra Chorasiya - Director
The latest financial statements of Hamon Cooling Systems on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 23 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Hamon Cooling Systems is 27AAACT2254Q2ZX, registered in Maharashtra. The company has 10 GST registrations in all, of which 9 are active and 1 is cancelled or inactive. Other active GSTINs include 09AAACT2254Q1ZW (Uttar Pradesh), 21AAACT2254Q1ZA (Odisha), 24AAACT2254Q1Z4 (Gujarat).
The CIN (Corporate Identification Number) of Hamon Cooling Systems is U29222MH1971PTC015045. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hamon Cooling Systems has 38 court cases on record: 15 filed by the company and 23 filed against it. 12 are pending. Most are in the district courts.
Hamon Cooling Systems was incorporated on 10 March 1971, making it 55+ years old. It is registered with the Registrar of Companies, Mumbai.
Hamon Cooling Systems has 18 deals on record (8 funding rounds, 7 secondary share transfers, 3 rights issues), with disclosed funding of ₹112 Cr; the latest was in January 2023.
Akash Ohri ceased to be Director on 31 Dec 2023. Vivek Menezes ceased to be Director on 31 Mar 2023. Nootan Sureshchandra Chorasiya was appointed as Director on 18 Mar 2023. Hamon Cooling Systems has 22 board changes on record in total.
Yes, Hamon Cooling Systems is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-19-0000382).