About Heat Technologies Private Limited
Data last updated:
Heat Technologies Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the metal foundry and fabrication services segment of the engineering sector. It was incorporated on 14 October 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U31909GJ1999PTC036723. Its GSTIN is 24AAACH9202Q1ZE (Gujarat).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹4 Lakh. It is led by directors Madhuri Sushil Dubey and Sushilkumar Indrabhushan Dube.
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 Sb – 21 Shreenath Complexgovindrao Park Naka Ajwa Road, Vadodara, Gujarat, India – 390019.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.23 Cr, a decline of 17% compared to the previous year. For the same year it recorded a net profit of ₹32.9 Lakh (net margin 4.6%) and EBITDA of ₹33.36 Lakh (EBITDA margin 4.6%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 6% over five years.
The company has about 26 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹25 Lakh on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website heattechnologies.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressSb – 21 Shreenath Complexgovindrao Park Naka Ajwa Road, Vadodara, Gujarat, India – 390019
- IndustryEngineering, Metal Foundry & Fabrication Services
- 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 Heat Technologies Private Limited
The main business activity of Heat Technologies 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 Heat Technologies Private Limited FY 2025 filings available
Heat Technologies Private Limited reported revenue of ₹7.23 Cr (down 17% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Heat Technologies Private Limited
Revenue fell 17% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 6%. EBITDA rose 19% 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 Heat Technologies Private Limited
| 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 | ₹33.36 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹32.9 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 Heat Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.6% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Heat Technologies 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 Heat Technologies Private Limited
Heat Technologies Private Limited is compared with the companies closest to it by revenue in the Engineering industry (Foundry and Fabrication). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Agv Alfab Limited | ₹7.32 Cr (FY 2024) | •••• | •••• | -20.0% | •••• | New Delhi, Delhi, India |
| Shreeram Surface Finish Private Limited | ₹7.32 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | Vadodara, Gujarat, India |
| Exacta Fluid Engineering Co. Private Limited | ₹7.31 Cr (FY 2022) | •••• | •••• | -53.0% | •••• | Mumbai, Maharashtra, India |
| Modular Infratech Private Limited | ₹7.25 Cr (FY 2025) | •••• | •••• | -62.0% | •••• | New Delhi, Delhi, India |
| Minelab India Private Limited | ₹7.24 Cr (FY 2025) | •••• | •••• | 66.0% | •••• | New Delhi, Delhi, India |
| Heat Technologies Private Limited this company | ₹7.23 Cr (FY 2025) | •••• | •••• | -17.0% | •••• | Vadodara, Gujarat, India |
| Phiroze Sethna Private Limited | ₹7.21 Cr (FY 2024) | •••• | •••• | 42.0% | •••• | Navi Mumbai, Maharashtra, India |
| KP Boiler Engineers Private Limited | ₹7.21 Cr (FY 2025) | •••• | •••• | 58.0% | •••• | Satara, Maharashtra, India |
| Privansa Engineering Private Limited | ₹7.2 Cr (FY 2025) | •••• | •••• | -33.0% | •••• | Pune, Maharashtra, India |
| SCH Coating Solutions Private Limited | ₹7.2 Cr (FY 2025) | •••• | •••• | 70.0% | •••• | Hyderabad, Telangana, India |
| Vir Electro Engineering Private Limited | ₹7.19 Cr (FY 2023) | •••• | •••• | -75.0% | •••• | Nashik, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Heat Technologies by revenue in the Engineering industry (Foundry and Fabrication), 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 Heat Technologies Private Limited
Heat Technologies Private Limited is audited by J HARKISONDAS & CO for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| J HARKISONDAS & CO | 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 Heat Technologies Private Limited
Heat Technologies has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Madhuri Sushil Dubey | Director | 28 Feb 2006 | 20 Years 7 Months | Current |
| Sushilkumar Indrabhushan Dube Also directs: Vediclan Studio Private Limited | Director | 14 Oct 1999 | 26 Years 11 Months | Current |
Ownership and Shareholding of Heat Technologies 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 Heat Technologies Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Jan 2010 | Idbi Bank Limited | ₹25 Lakh | Open |
Total charge records: 1 View all charges
Legal Cases of Heat Technologies Private Limited
Heat Technologies Private Limited has 1 court case on record: 1 filed by Heat Technologies. All case is pending. Status as checked on 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Vadodara, Gujarat | Commercial matter | Filed by the company against an individual | Pending |
Full case history
All 1 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.
Employees and EPFO Compliance at Heat Technologies Private Limited
Heat Technologies Private Limited has a workforce of 26 employees as of Apr 05, 2024.
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 Heat Technologies Private Limited
Heat Technologies Private Limited has 3 board changes on record since 1999: 3 appointments. The latest: Madhuri Sushil Dubey was appointed as Director on 28 Feb 2006.
Credit Ratings, Litigation & Regulatory Alerts for Heat Technologies 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.
MSME Payment Delays by Heat Technologies Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Heat Technologies 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 Heat Technologies Private Limited
Heat Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACH9202Q1ZE | Gujarat | Active | 01 Jul 2017 |
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 Heat Technologies 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 Heat Technologies Private Limited
Heat Technologies is an active private limited company based in Vadodara, Gujarat, India. The company works in metal foundry and fabrication services, within the engineering industry. It was incorporated on 14 October 1999 (27+ years old) and is registered under CIN U31909GJ1999PTC036723.
Heat Technologies reported revenue of ₹7.23 Cr for FY 2025 (down 17% YoY).
Heat Technologies has 2 current directors:
- Madhuri Sushil Dubey - Director
- Sushilkumar Indrabhushan Dube - Director
Heat Technologies reported a net profit of ₹32.9 Lakh (net margin 4.6%) and EBITDA of ₹33.36 Lakh (EBITDA margin 4.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Heat Technologies is 16% over three years and 6% over five years. In the latest year (FY 2025) revenue fell 17%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Heat Technologies is 24AAACH9202Q1ZE, registered in Gujarat.
The CIN (Corporate Identification Number) of Heat Technologies is U31909GJ1999PTC036723. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Heat Technologies has 1 court case on record: 1 filed by the company. 1 is pending.
Heat Technologies was incorporated on 14 October 1999, making it 27+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Heat Technologies by revenue are Agv Alfab Limited, Shreeram Surface Finish Private Limited, Exacta Fluid Engineering Co. Private Limited, Modular Infratech Private Limited, Minelab India Private Limited and 5 more, all in the Engineering industry (Foundry and Fabrication).
Madhuri Sushil Dubey was appointed as Director on 28 Feb 2006. Mrugesh Kanaiyalal Shah was appointed as Director on 14 Oct 1999. Sushilkumar Indrabhushan Dube was appointed as Director on 14 Oct 1999.