About Maxima Boilers Pvt Ltd
Data last updated:
Maxima Boilers Pvt Ltd is a private limited company based in Mumbai, Maharashtra, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 27 October 1986 and has been in existence for over 40 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29200MH1986PTC041388. Its GSTIN is 27AAACM0635N1ZE (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Jayagopi Pillai Palani (Managing Director) and Sundari Pillai Jayagopi.
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 G – 14 Meghal Service Industrial Estate Devidayal Road, Mumbai, Maharashtra, India – 400080.
As per the financials filed for FY 2025, the company reported a revenue of ₹42.9 Cr, a decline of 17% compared to the previous year. For the same year it recorded a net profit of ₹5.09 Cr (net margin 11.9%) and EBITDA of ₹6.63 Cr (EBITDA margin 15.5%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years and 18% over five years.
The company has about 48 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Maxima Boilers. As per MCA filings, the company has open charges of ₹4.06 Cr and satisfied charges of ₹1.3 Cr 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 maximaboiler.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressG – 14 Meghal Service Industrial Estate Devidayal Road, Mumbai, Maharashtra, India – 400080
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
- 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 Maxima Boilers Pvt Ltd
The main business activity of Maxima Boilers 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 Maxima Boilers Pvt Ltd FY 2025 filings available
Maxima Boilers Pvt Ltd reported revenue of ₹42.9 Cr (down 17% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Maxima Boilers Pvt Ltd
Revenue fell 17% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 18%. EBITDA rose 60% 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 Maxima Boilers Pvt Ltd
| 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 | ₹6.63 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹5.09 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Maxima Boilers Pvt Ltd
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 11.9% | •••• | •••• | •••• | •••• |
| 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 Maxima Boilers 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.
Auditor Details of Maxima Boilers Pvt Ltd
Maxima Boilers Pvt Ltd is audited by NAVIN MAGANLAL MARU for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| NAVIN MAGANLAL MARU | 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 Maxima Boilers Pvt Ltd
Maxima Boilers has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jayagopi Pillai Palani Also directs: Maxima Steam Works LLP, Maxitherm Boilers Pvt Ltd | Managing Director | 27 Oct 1986 | 39 Years 11 Months | Current |
| Sundari Pillai Jayagopi Also directs: Maxima Steam Works LLP, Maxitherm Boilers Pvt Ltd | Director | 14 Aug 1991 | 35 Years 1 Months | Current |
| Rashmi Pillai | Additional Director | 20 Feb 2025 | 1 Years 7 Months | Current |
Ownership and Shareholding of Maxima Boilers Pvt Ltd
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 Maxima Boilers Pvt Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Dec 2014 | Others | ₹4.06 Cr | Open |
| 23 Jan 2019 | Others | ₹37.6 Lakh | Satisfied |
| 18 Mar 2017 | Others | ₹65 Lakh | Satisfied |
| 01 Nov 2002 | The Saraswat Co-Op. Bank Ltd. | ₹5 Lakh | Satisfied |
| 11 Dec 1999 | The Saraswat Co-Op. Bank Ltd. | ₹5 Lakh | Satisfied |
Total charge records: 8 View all charges
Associated Brands with Maxima Boilers Pvt Ltd
Maxima Boilers operates one associated brand: Maxima Boilers. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of boilers and heating solutions for industrial sectors. | maximaboiler.com |
Employees and EPFO Compliance at Maxima Boilers Pvt Ltd
Employment history and EPFO contributions of people linked to Maxima Boilers.
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.
Group Structure of Maxima Boilers Pvt Ltd
Maxima Boilers has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
CIN History of Maxima Boilers Pvt Ltd
Maxima Boilers has one previous CIN (Corporate Identification Number): U29200MH2003PTC041388. The current CIN is U29200MH1986PTC041388, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29200MH1986PTC041388 | Current |
| U29200MH2003PTC041388 | Previous |
Recent Activity on Maxima Boilers Pvt Ltd
Maxima Boilers Pvt Ltd has 3 board changes on record since 1986: 3 appointments. The latest: Rashmi Pillai was appointed as Additional Director on 20 Feb 2025.
12 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Maxima Boilers Pvt Ltd
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 Maxima Boilers Pvt Ltd
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 Maxima Boilers Pvt Ltd
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 Maxima Boilers Pvt Ltd
Maxima Boilers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACM0635N1ZE | 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 Maxima Boilers Pvt Ltd
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 Maxima Boilers Pvt Ltd
Maxima Boilers is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 27 October 1986 (40+ years old) and is registered under CIN U29200MH1986PTC041388.
Maxima Boilers reported revenue of ₹42.9 Cr for FY 2025 (down 17% YoY).
Maxima Boilers has 3 current directors:
- Jayagopi Pillai Palani - Managing Director
- Sundari Pillai Jayagopi - Director
- Rashmi Pillai - Additional Director
Maxima Boilers reported a net profit of ₹5.09 Cr (net margin 11.9%) and EBITDA of ₹6.63 Cr (EBITDA margin 15.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Maxima Boilers is 24% over three years and 18% 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 Maxima Boilers is 27AAACM0635N1ZE, registered in Maharashtra.
The CIN (Corporate Identification Number) of Maxima Boilers is U29200MH1986PTC041388. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maxima Boilers was incorporated on 27 October 1986, making it 40+ years old. It is registered with the Registrar of Companies, Mumbai.
Rashmi Pillai was appointed as Additional Director on 20 Feb 2025. Sundari Pillai Jayagopi was appointed as Director on 14 Aug 1991. Jayagopi Pillai Palani was appointed as Managing Director on 27 Oct 1986.
Maxima Boilers can be reached through the website maximaboiler.com. Its registered office is in Mumbai, Maharashtra, India.