MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-18-0009286
Indu Thermoformers Private Limited - packaging in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹17.3 Cr
▼ 12% YoY
Net profit · FY 2024
₹28.02 Lakh
Net margin 1.6%
EBITDA · FY 2024
₹72.77 Lakh
EBITDA margin 4.2%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1.5 Lakh
Issued & subscribed
Satisfied charges
₹2.4 Cr
No open charges
Company age
23 yrs
Est. 2003
Employees · EPFO
34
Provident fund records
About Indu Thermoformers Private Limited
Data last updated:
Indu Thermoformers Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the industrial packaging solutions segment of the packaging sector. It was incorporated on 10 December 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U25200MH2003PTC143482. Its GSTIN is 27AADCM9861D1ZA (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.5 Lakh. It is led by directors including Nirmal Bhanuchandra Doshi (Managing Director) and Rajesh Bhanuchandra Doshi (Whole-Time Director).
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 2024, the company reported a revenue of ₹17.3 Cr, a decline of 12% compared to the previous year. For the same year it recorded a net profit of ₹28.02 Lakh (net margin 1.6%) and EBITDA of ₹72.77 Lakh (EBITDA margin 4.2%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 20% over five years.
The company has about 34 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹2.4 Cr on record.
Indu Thermoformers Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0009286). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website induthermoformers.com.
Company details
CIN U25200MH2003PTC143482
Registration Number 143482
Incorporation Date 10 December 2003
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-18-0009286
Key People
Nirmal Bhanuchandra Doshi Managing Director Rajesh Bhanuchandra Doshi Whole-Time Director Deepak Bhanuchandra Doshi Director Recognitions & Rankings of Indu Thermoformers
Contact details
Indu Thermoformers Private Limited's registered office is in Mumbai, Maharashtra. Its website is induthermoformers.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address505 Palm Spring 5th Floor Above Croma Near D'Mart Malad Link Road Malad (Wes, T), Mumbai, Maharashtra, India – 400064
- IndustryPackaging, Industrial Packaging Solutions
To see the full contact details of Indu Thermoformers Private Limited, buy the company report.
Comprehensive company report
Indu Thermoformers 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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Business activity
The main business activity of Indu Thermoformers is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Indu Thermoformers Private Limited, buy the company report.
Financials of Indu Thermoformers Private Limited
FY 2025 filings availableIndu Thermoformers Private Limited reported revenue of ₹17.3 Cr (down 12% YoY) for FY 2024.
Revenue · FY 2024
₹17.3 Cr ▼ 12%
Net profit · FY 2024
₹28.02 Lakh margin 1.6%
EBITDA · FY 2024
₹72.77 Lakh margin 4.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 12%
3 years · compounded
▲ 12%
5 years · compounded
▲ 20%
EBITDA CAGR growth
1 year
▲ 16%
3 years · compounded
▲ 16%
5 years · compounded
▲ 5%
Revenue fell 12% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 20%. EBITDA rose 16% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹72.77 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹28.02 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.2% | ||||
| Net Profit Margin | 1.6% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Indu Thermoformers Private Limited, buy the company report.
Board of directors of Indu Thermoformers Private Limited
Indu Thermoformers has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deepak Bhanuchandra Doshi Also directs: Machinecraft Advanced Polymers LLP | Director | 10 Dec 2003 | 22 Years 10 Months | Current |
| Rajesh Bhanuchandra Doshi Also directs: Machinecraft Advanced Polymers LLP | Whole-Time Director | 10 Dec 2003 | 22 Years 10 Months | Current |
| Nirmal Bhanuchandra Doshi Also directs: Machinecraft Advanced Polymers LLP | Managing Director | 23 Feb 2004 | 22 Years 8 Months | Current |
Auditor
Indu Thermoformers Private Limited is audited by SANJAY THAKKAR & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SANJAY THAKKAR & ASSOCIATES | FY 2023 | 116809W |
Shareholding
The shareholding of Indu Thermoformers Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Indu Thermoformers Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹2.4 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Oct 2021 | 100492893 | Sidbi | ₹2 Cr | Satisfied | |
| 24 Sep 2018 | 100210965 | Others | ₹40 Lakh | Satisfied |
To see the full charge records of Indu Thermoformers Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Indu Thermoformers 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
No delayed payments to MSME suppliers are on our record for Indu Thermoformers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Indu Thermoformers Private Limited has a workforce of 34 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.
Employee count
34
Active EPFO establishments
1
Employee growth
6.25%
GST
Indu Thermoformers has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCM9861D1ZA | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Indu Thermoformers Private Limited, buy the company report.
Recent activity
Indu Thermoformers Private Limited has 11 board changes on record since 2003: 6 appointments and 5 cessations. The latest: Bhavana Rajesh Doshi ceased to be Director on 29 Mar 2025.
AGM
Indu Thermoformers Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Indu Thermoformers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Bhavana Rajesh Doshi ceased to be Director.
Ceased
Bina Deepak Doshi ceased to be Director.
Ceased
Rupal Nirmal Doshi ceased to be Director.
Charges
A charge registered on 28 Oct 2021 via Charge ID 100492893 with Sidbi was fully satisfied on 08 Jan 2024.
Charges
A charge registered on 24 Sep 2018 via Charge ID 100210965 with Others was fully satisfied on 20 Oct 2023.
Charges
A charge with Sidbi amounted to Rs. 200.00 Lakh with Charge ID 100492893 was registered on 28 Oct 2021.
Charges
A charge with Others amounted to Rs. 40.00 Lakh with Charge ID 100210965 was registered on 24 Sep 2018.
Ceased
Nirmal Bhanuchandra Doshi ceased to be Director.
Ceased
Rajesh Bhanuchandra Doshi ceased to be Director.
Appointed
Bhavana Rajesh Doshi was appointed as Director.
6 earlier events are in the company report.
Frequently asked questions
Indu Thermoformers is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial packaging solutions, within the packaging industry. It was incorporated on 10 December 2003 (23+ years old) and is registered under CIN U25200MH2003PTC143482.
Indu Thermoformers has 3 current directors:
- Nirmal Bhanuchandra Doshi - Managing Director
- Rajesh Bhanuchandra Doshi - Whole-Time Director
- Deepak Bhanuchandra Doshi - Director
The latest financial statements of Indu Thermoformers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Indu Thermoformers is 27AADCM9861D1ZA, registered in Maharashtra.
The CIN (Corporate Identification Number) of Indu Thermoformers is U25200MH2003PTC143482. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indu Thermoformers was incorporated on 10 December 2003, making it 23+ years old. It is registered with the Registrar of Companies, Mumbai.
Bhavana Rajesh Doshi ceased to be Director on 29 Mar 2025. Bina Deepak Doshi ceased to be Director on 29 Mar 2025. Rupal Nirmal Doshi ceased to be Director on 29 Mar 2025. Indu Thermoformers has 11 board changes on record in total.
Yes, Indu Thermoformers is registered as a small enterprise under Udyam registration (number: UDYAM-MH-18-0009286).
Indu Thermoformers can be reached through the website induthermoformers.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Indu Thermoformers is at 505 Palm Spring 5th Floor Above Croma Near DMart Malad Link Road Malad Wes, T, Mumbai, Maharashtra, India – 400064.