MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-24-0017475
Isotherm Puf Panel Private Limited - engineering in Vadodara, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹65.56 Cr
▲ 16% YoY
Net profit · FY 2025
₹3.49 Cr
Net margin 5.3%
EBITDA · FY 2025
₹5.29 Cr
EBITDA margin 8.1%
Authorised capital
₹2.5 Cr
Registered with MCA
Paid-up capital
₹2.49 Cr
Issued & subscribed
Open charges
₹4.48 Lakh
Satisfied ₹88.7 Lakh
Company age
17 yrs
Est. 2009
Employees · EPFO
30
Provident fund records
About Isotherm Puf Panel Private Limited
Data last updated:
Isotherm Puf Panel 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 20 July 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29191GJ2009PTC057561. Its GSTIN is 24AACCI1081J1ZS (Gujarat).
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹2.49 Cr. It is led by directors including Kush Nitin Adeshra and Jagruti Nitin Adeshra.
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 Block No. 623 Vadodara – Manjusar – Savli Road Village: Manjusar Taluka: Savli, Gujarat, India – 391770.
As per the financials filed for FY 2025, the company reported a revenue of ₹65.56 Cr, a growth of 16% compared to the previous year. For the same year it recorded a net profit of ₹3.49 Cr (net margin 5.3%) and EBITDA of ₹5.29 Cr (EBITDA margin 8.1%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 11% over five years.
The company has about 30 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹4.48 Lakh and satisfied charges of ₹88.7 Lakh on record. Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it. The company has 5 deals on record (2 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹91.3 Lakh; the latest was in February 2021. The company has 2 MSME Form 1 returns on record for the period ending Sep 2023, listing 26 overdue payments to 3 micro and small suppliers.
Isotherm Puf Panel Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0017475). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website isothermpufpanel.com.
Company details
CIN U29191GJ2009PTC057561
Registration Number 057561
Incorporation Date 20 July 2009
ROC Ahmedabad
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-GJ-24-0017475
Recognitions & Rankings of Isotherm Puf Panel
Contact details
Isotherm Puf Panel Private Limited's registered office is in Vadodara, Gujarat. Its website is isothermpufpanel.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressBlock No. 623 Vadodara – Manjusar – Savli Road Village: Manjusar Taluka: Savli, Gujarat, India – 391770
- IndustryEngineering, Metal Foundry & Fabrication Services
To see the full contact details of Isotherm Puf Panel Private Limited, buy the company report.
Comprehensive company report
Isotherm Puf Panel 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 Isotherm Puf Panel is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Isotherm Puf Panel Private Limited, buy the company report.
Financials of Isotherm Puf Panel Private Limited
FY 2025 filings availableIsotherm Puf Panel Private Limited reported revenue of ₹65.56 Cr (up 16% YoY) for FY 2025.
Revenue · FY 2025
₹65.56 Cr ▲ 16%
Net profit · FY 2025
₹3.49 Cr margin 5.3%
EBITDA · FY 2025
₹5.29 Cr margin 8.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 16%
3 years · compounded
▲ 27%
5 years · compounded
▲ 11%
EBITDA CAGR growth
1 year
▲ 51%
3 years · compounded
▲ 54%
5 years · compounded
▲ 25%
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 16% growth in the latest year. EBITDA rose 51% 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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| Total Expenses | |||||
| EBITDA | ₹5.29 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.49 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 | 8.1% | ||||
| Net Profit Margin | 5.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Isotherm Puf Panel Private Limited, buy the company report.
Board of directors of Isotherm Puf Panel Private Limited
Isotherm Puf Panel has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kush Nitin Adeshra Also directs: Polycraft Puf Machine Private Limited | Director | 20 Jul 2009 | 17 Years 3 Months | Current |
| Jagruti Nitin Adeshra Also directs: Polycraft Puf Machine Private Limited | Director | 04 May 2020 | 6 Years 5 Months | Current |
| Jil Kush Adeshra | Director | 23 Mar 2021 | 5 Years 7 Months | Current |
Auditor
Isotherm Puf Panel Private Limited is audited by LALPURIA SHAH & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| LALPURIA SHAH & ASSOCIATES | FY 2023 | 136086W |
Shareholding
The shareholding of Isotherm Puf Panel 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 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 Isotherm Puf Panel Private Limited, buy the company report.
Charges & borrowings
Open charges
₹4.48 Lakh
Satisfied charges
₹88.7 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Dec 2020 | 100414978 | Hdfc Bank Limited | ₹4.48 Lakh | Open | |
| 15 Mar 2014 | 10489020 | State Bank of India | ₹20 Lakh | Satisfied | |
| 23 Jan 2013 | 10487527 | State Bank of India | ₹16.5 Lakh | Satisfied | |
| 16 Nov 2011 | 10321824 | State Bank of India | ₹20 Lakh | Satisfied | |
| 06 May 2011 | 10285657 | State Bank of India | ₹8.2 Lakh | Satisfied |
To see the full charge records of Isotherm Puf Panel Private Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Isotherm Puf Panel Private Limited has 5 deals on record (2 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹91.3 Lakh; the latest was in February 2021.
Total deals
5
Funding rounds
2
Secondary share transfers
2
Rights issue
1
Disclosed funding
₹91.3 Lakh
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Feb 2016 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Polycraft Puf Machine Private Limited |
| Feb 2015 | Rights issue | ₹32 Lakh | Investors: Polycraft Puf Machine Private Limited |
| Dec 2012 | Funding round | ₹43.8 Lakh | Investors: 3 individuals |
| Jul 2010 | Funding round | ₹47.5 Lakh | Investors: Polycraft Puf Machine Private Limited , an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Isotherm Puf Panel Private Limited has 4 court cases on record: 3 filed by Isotherm Puf Panel, 1 filed against it. All cases are disposed.
Total cases
4
Filed by the company
3
Filed against the company
1
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 0 |
| District courts | 1 | 1 | 0 |
Cases on record (3 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Vadodara, Gujarat | Criminal miscellaneous application | Filed against the company by Associated Insulation Co. Thro Chirag Manharbhai Dhuvad | Disposed |
| High Court, GUJARAT | Court case (CR.MA) | Filed by the company against State of Gujarat and 1 other | Disposed |
| High Court, GUJARAT | Court case (CR.A) | Filed by the company against State of Gujarat and 1 other | Disposed |
To see the full case history of Isotherm Puf Panel 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.
MSME payment delays
Isotherm Puf Panel Private Limited has 2 MSME Form 1 returns on record for the period ending Sep 2023, listing 26 overdue payments to 3 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Global Polyurethane LLP |
To see the full MSME payment records of Isotherm Puf Panel Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Isotherm Puf Panel Private Limited has a workforce of 30 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
30
Active EPFO establishments
1
Employee growth
11.11%
GST
Isotherm Puf Panel has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCI1081J1ZS | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Isotherm Puf Panel Private Limited, buy the company report.
Recent activity
Isotherm Puf Panel Private Limited has 5 board changes on record since 2009: 4 appointments and 1 cessation. The latest: Jil Kush Adeshra was appointed as Director on 23 Mar 2021.
AGM
Isotherm Puf Panel Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Isotherm Puf Panel Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Jil Kush Adeshra was appointed as Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.04 Cr with Charge ID 100414978 was registered on 24 Dec 2020.
Appointed
Jagruti Nitin Adeshra was appointed as Director.
Ceased
Rushi Pradyumanray Dhyani ceased to be Director.
Charges
A charge registered on 15 Mar 2014 via Charge ID 10489020 with State Bank Of India was fully satisfied on 24 Feb 2016.
Charges
A charge registered on 23 Jan 2013 via Charge ID 10487527 with State Bank Of India was fully satisfied on 24 Feb 2016.
Charges
A charge registered on 16 Nov 2011 via Charge ID 10321824 with State Bank Of India was fully satisfied on 24 Feb 2016.
Charges
A charge registered on 06 May 2011 via Charge ID 10285657 with State Bank Of India was fully satisfied on 24 Feb 2016.
Charges
A charge registered on 08 Jul 2010 via Charge ID 10229008 with State Bank Of India was fully satisfied on 24 Feb 2016.
Charges
A charge with State Bank Of India amounted to Rs. 0.20 Cr with Charge ID 10489020 was registered on 15 Mar 2014.
7 earlier events are in the company report.
Frequently asked questions
Isotherm Puf Panel 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 20 July 2009 (17+ years old) and is registered under CIN U29191GJ2009PTC057561.
Isotherm Puf Panel has 3 current directors:
- Kush Nitin Adeshra - Director
- Jagruti Nitin Adeshra - Director
- Jil Kush Adeshra - Director
The latest financial statements of Isotherm Puf Panel 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 Isotherm Puf Panel is 24AACCI1081J1ZS, registered in Gujarat.
The CIN (Corporate Identification Number) of Isotherm Puf Panel is U29191GJ2009PTC057561. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Isotherm Puf Panel has 4 court cases on record: 3 filed by the company and 1 filed against it. Most are in the high courts.
Isotherm Puf Panel was incorporated on 20 July 2009, making it 17+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Isotherm Puf Panel has 5 deals on record (2 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹91.3 Lakh; the latest was in February 2021.
Jil Kush Adeshra was appointed as Director on 23 Mar 2021. Jagruti Nitin Adeshra was appointed as Director on 04 May 2020. Rushi Pradyumanray Dhyani ceased to be Director on 04 May 2020. Isotherm Puf Panel has 5 board changes on record in total.
Yes, Isotherm Puf Panel is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-24-0017475).
Isotherm Puf Panel has 2 MSME Form 1 returns on record for the period ending Sep 2023, listing 26 overdue payments to 3 micro and small suppliers. The latest return was filed on 18 Dec 2023.