Heating Elements Private Limited
About Heating Elements Private Limited
Data last updated:
Heating Elements Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the manufacturing segment of the electronics sector. It was incorporated on 11 August 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U31909GJ1988PTC011094. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹60 Lakh. It is led by directors Lina Kamlesh Bachkaniwala and Kamlesh Bhogilal Bachkaniwala.
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 Shop No. 19 & 20 2nd Floor Siddhi Complex City Light Main Road, Surat, Gujarat, India – 395007.
As per the financials filed for FY 2025, the company reported a revenue of ₹14,800, a decline of 99% compared to the previous year. For the same year it recorded a net loss of ₹42,370 (net margin -286.3%) and EBITDA of -₹42,370 (EBITDA margin -286.3%). Revenue has declined at a compounded annual rate (CAGR) of 52% over three years and 9% over five years.
As per MCA filings, the company has open charges of ₹1.8 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- WebsiteLocked
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- Registered AddressShop No. 19 & 20 2nd Floor Siddhi Complex City Light Main Road, Surat, Gujarat, India – 395007
- IndustryElectrnoics, Manufacturing, Electrical Equipment
- 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 Heating Elements Private Limited
The main business activity of Heating Elements is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | 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 Heating Elements Private Limited FY 2024 filings available
Heating Elements Private Limited reported revenue of ₹14,800 (down 99% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Heating Elements Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 9% over five years, including a 99% fall in the latest year. EBITDA fell 337% 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 Heating Elements 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 | -₹42,370 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹42,370 | •••• | •••• | •••• | •••• |
| 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 Heating Elements Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -286.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -286.3% | •••• | •••• | •••• | •••• |
| 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 Heating Elements 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 Heating Elements Private Limited
Heating Elements Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Wholesale Trading). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Adz Exports Private Limited | ₹14,872 (FY 2021) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Opulence Exim Private Limited | ₹14,865 (FY 2018) | •••• | •••• | -88.0% | •••• | New Delhi, Delhi, India |
| Sadhna Tradeline Private Limited | ₹14,850 (FY 2018) | •••• | •••• | -100.0% | •••• | Kolkata, West Bengal, India |
| Balishth Vinmay Trading Private Limited | ₹14,831 (FY 2021) | •••• | •••• | •••• | Delhi, India | |
| BSM Holdings Private Limited | ₹14,830 (FY 2025) | •••• | •••• | 100.0% | •••• | Delhi, India |
| Heating Elements Private Limited this company | ₹14,800 (FY 2025) | •••• | •••• | -99.0% | •••• | Surat, Gujarat, India |
| Filberts Infraprojects Private Limited | ₹14,800 (FY 2018) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Dairyfy India Private Limited | ₹14,800 (FY 2024) | •••• | •••• | -100.0% | •••• | Kolkata, West Bengal, India |
| Medic Harmony Private Limited | ₹14,760 (FY 2025) | •••• | •••• | •••• | Patna, Bihar, India | |
| Sopia Textiles Private Limited | ₹14,742 (FY 2025) | •••• | •••• | •••• | Nashik, Maharashtra, India | |
| Sri Annapooraniamman Foods Private Limited | ₹14,727 (FY 2023) | •••• | •••• | •••• | Erode, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Heating Elements by revenue in the same principal business activity (Wholesale Trading), 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 Heating Elements Private Limited
Heating Elements Private Limited is audited by N.C. RUPAWALA AND CO. for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| N.C. RUPAWALA AND 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 Heating Elements Private Limited
Heating Elements 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 |
|---|---|---|---|---|
| Lina Kamlesh Bachkaniwala Also directs: Royal Oudh LLP, Vini International Pvt Ltd, Himson International Private Limited and 1 more | Director | 16 Aug 2010 | 16 Years 1 Months | Current |
| Kamlesh Bhogilal Bachkaniwala Also directs: Royal Oudh LLP, Vini International Pvt Ltd, Himson International Private Limited and 1 more | Director | 11 Aug 1988 | 38 Years 2 Months | Current |
Ownership and Shareholding of Heating Elements 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 Heating Elements Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Nov 1995 | Bank of India | ₹20 Lakh | Open |
| 28 Oct 1994 | Bank of India | ₹1.6 Cr | Open |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Heating Elements Private Limited
Employment history and EPFO contributions of people linked to Heating Elements.
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 Heating Elements Private Limited
Heating Elements Private Limited has 5 board changes on record since 1988: 2 appointments and 3 cessations. The latest: Lina Kamlesh Bachkaniwala ceased to be Additional Director on 30 Sep 2010.
Credit Ratings, Litigation & Regulatory Alerts for Heating Elements 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 Heating Elements 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 Heating Elements 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 Heating Elements Private Limited
Heating Elements has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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 Heating Elements 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 Heating Elements Private Limited
Heating Elements is an active private limited company based in Surat, Gujarat, India. The company works in manufacturing, within the electronics industry. It was incorporated on 11 August 1988 (38+ years old) and is registered under CIN U31909GJ1988PTC011094.
Heating Elements reported revenue of ₹14,800 for FY 2025 (down 99% YoY).
Heating Elements has 2 current directors:
- Lina Kamlesh Bachkaniwala - Director
- Kamlesh Bhogilal Bachkaniwala - Director
Heating Elements reported a net loss of ₹42,370 (net margin -286.3%) and EBITDA of -₹42,370 (EBITDA margin -286.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Heating Elements is 52% over three years and -9% over five years. In the latest year (FY 2025) revenue fell 99%. CAGR is the steady yearly rate that links the first and the last year.
No. Heating Elements has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Heating Elements is U31909GJ1988PTC011094. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Heating Elements was incorporated on 11 August 1988, making it 38+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Heating Elements by revenue are Adz Exports Private Limited, Opulence Exim Private Limited, Sadhna Tradeline Private Limited, Balishth Vinmay Trading Private Limited, BSM Holdings Private Limited and 5 more, all in the same principal business activity (Wholesale Trading).
Lina Kamlesh Bachkaniwala ceased to be Additional Director on 30 Sep 2010. Lina Kamlesh Bachkaniwala was appointed as Director on 16 Aug 2010. Pradeep Shantilal Bachkaniwala ceased to be Director on 16 Aug 2010. Heating Elements has 5 board changes on record in total.
The registered office of Heating Elements is at Shop No. 19 & 20 2nd Floor Siddhi Complex City Light Main Road, Surat, Gujarat, India – 395007.