About Heatex Electricals Private Limited
Data last updated:
Heatex Electricals Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 28 March 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U31908MH2012PTC228857. Its GSTIN is 27AACCH8847D1ZG (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹4.5 Lakh. It is led by directors Pradip Dahyabhai Parikh and Asha Parikh.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹32 Lakh, a decline of 61% compared to the previous year. For the same year it recorded a net loss of ₹2.71 Lakh (net margin -8.5%) and EBITDA of ₹2.67 Lakh (EBITDA margin 8.4%). Revenue has declined at a compounded annual rate (CAGR) of 30% over three years and 10% over five years.
The company has about 4 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Heatex Electricals. As per MCA filings, the company has open charges of ₹20 Lakh and satisfied charges of ₹99 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website heatexind.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressGala No130 Sarita Prabhat Industrial Estate Next To Toll Naka Western Express Highw, Ay, Mumbai, Maharashtra, India – 400068
- IndustryMachinery and Equipment, Industrial Tools & Components
- 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 Heatex Electricals Private Limited
The main business activities of Heatex Electricals are manufacturing and support service to organizations. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment and other support services to organizations. 2 activity segments are registered with the MCA.
| 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 |
| N | Support service to Organizations | N7 | Other support services to organizations | 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 Heatex Electricals Private Limited FY 2025 filings available
Heatex Electricals Private Limited reported revenue of ₹32 Lakh (down 61% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Heatex Electricals Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 10% over five years, including a 61% fall in the latest year. EBITDA fell 67% 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 Heatex Electricals 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 | ₹2.67 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2.71 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 Heatex Electricals Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -8.5% | •••• | •••• | •••• | •••• |
| 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 Heatex Electricals 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 Heatex Electricals Private Limited
Heatex Electricals Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Tools and Components). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Tekmas Equips Private Limited | •••• | •••• | •••• | •••• | - | Thane, Maharashtra, India |
| JGJ Engineering Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Agimed Precision Engineering Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Chauhan Metal Kraft Private Limited | •••• | •••• | •••• | •••• | - | Noida, Uttar Pradesh, India |
| Oaykay Metcorp Limited | •••• | •••• | •••• | •••• | - | Jalandhar, Punjab, India |
| Heatex Electricals Private Limited this company | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Spinach Engineers Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Steelcult Av Industries Private Limited | •••• | •••• | •••• | •••• | - | Faridabad, Haryana, India |
| Belcon Engineers Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Elan Diamond Tools Ltd | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Koenig Appliances Pvt Ltd | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Heatex Electricals by revenue in the Machinery and Equipment industry (Tools and Components), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Heatex Electricals Private Limited
Heatex Electricals Private Limited is audited by H R LALKA & CO for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| H R LALKA & 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 Heatex Electricals Private Limited
Heatex Electricals has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pradip Dahyabhai Parikh Also directs: Parikh Energysystems Private Limited | Director | 28 Mar 2012 | 14 Years 6 Months | Current |
| Asha Parikh Also directs: Parikh Energysystems Private Limited | Director | 28 Mar 2012 | 14 Years 6 Months | Current |
Ownership and Shareholding of Heatex Electricals 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 Heatex Electricals Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Mar 2025 | Indian Overseas Bank | ₹2 Lakh | Open |
| 01 Jun 2018 | Indian Overseas Bank | ₹18 Lakh | Open |
| 03 Mar 2015 | Indian Overseas Bank | ₹57 Lakh | Satisfied |
| 03 May 2013 | Indian Overseas Bank | ₹42 Lakh | Satisfied |
Total charge records: 4 View all charges
Associated Brands with Heatex Electricals Private Limited
Heatex Electricals operates one associated brand: Heatex Electricals. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing and servicing of electrical switchgear in India. | heatexind.com |
Employees and EPFO Compliance at Heatex Electricals Private Limited
Heatex Electricals Private Limited has a workforce of 4 employees as of Mar 28, 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 Heatex Electricals Private Limited
Heatex Electricals Private Limited has 2 board changes on record since 2012: 2 appointments. The latest: Asha Parikh was appointed as Director on 28 Mar 2012.
2 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Heatex Electricals 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 Heatex Electricals 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 Heatex Electricals 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 Heatex Electricals Private Limited
Heatex Electricals has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCH8847D1ZG | Maharashtra | 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 Heatex Electricals 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 Heatex Electricals Private Limited
Heatex Electricals is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 28 March 2012 (14+ years old) and is registered under CIN U31908MH2012PTC228857.
Heatex Electricals reported revenue of ₹32 Lakh for FY 2025 (down 61% YoY).
Heatex Electricals has 2 current directors:
- Pradip Dahyabhai Parikh - Director
- Asha Parikh - Director
Heatex Electricals reported a net loss of ₹2.71 Lakh (net margin -8.5%) and EBITDA of ₹2.67 Lakh (EBITDA margin 8.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Heatex Electricals is -30% over three years and -10% over five years. In the latest year (FY 2025) revenue fell 61%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Heatex Electricals is 27AACCH8847D1ZG, registered in Maharashtra.
The CIN (Corporate Identification Number) of Heatex Electricals is U31908MH2012PTC228857. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Heatex Electricals was incorporated on 28 March 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Heatex Electricals by revenue are Tekmas Equips Private Limited, JGJ Engineering Private Limited, Agimed Precision Engineering Private Limited, Chauhan Metal Kraft Private Limited, Oaykay Metcorp Limited and 5 more, all in the Machinery and Equipment industry (Tools and Components).
Asha Parikh was appointed as Director on 28 Mar 2012. Pradip Dahyabhai Parikh was appointed as Director on 28 Mar 2012.
Yes, Heatex Electricals is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).