About Maxtherm Boilers Private Limited
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Maxtherm Boilers Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the heavy engineering and manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 20 May 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U29308TN2016PTC110488. Its GSTIN is 33AAKCM3557H1ZD (Tamil Nadu).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Chandrsekaran Ananthanarayanan and Karthikeyanvenkataraman Subramanian.
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 Themetrozone R – 140444 Pillaiyarkoilstreet Offjnsalai, Chennai, Tamil Nadu, India – 600040.
As per the financials filed for FY 2024, the company reported a revenue of ₹29.88 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹43.99 Lakh (net margin 1.5%) and EBITDA of ₹81.35 Lakh (EBITDA margin 2.7%). Revenue has grown at a compounded annual rate (CAGR) of 31% over three years and 16% over five years.
The company is associated with 1 brand: Maxtherm Boilers. As per MCA filings, the company has open charges of ₹1.25 Cr on record. Court records list 5 cases involving the company, including 5 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website maxthermboilers.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressThemetrozone R – 140444 Pillaiyarkoilstreet Offjnsalai, Chennai, Tamil Nadu, India – 600040
- IndustryMachinery and Equipment, Heavy Engineering & 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 Maxtherm Boilers Private Limited
The main business activity of Maxtherm 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 Maxtherm Boilers Private Limited FY 2025 filings available
Maxtherm Boilers Private Limited reported revenue of ₹29.88 Cr (up 9% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Maxtherm Boilers Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 9% growth in the latest year. EBITDA fell 7% 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 Maxtherm Boilers Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹81.35 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹43.99 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 Maxtherm Boilers Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.5% | •••• | •••• | •••• | •••• |
| 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 Maxtherm Boilers are in the company report.
Financial statements from FY 2017
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 Maxtherm Boilers Private Limited
Maxtherm Boilers Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Boilers, Heavy Engineering). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Lamba Bros Private Ltd. | ₹33.54 Cr (FY 2024) | •••• | •••• | 0.0% | •••• | New Delhi, Delhi, India |
| Super Steam Boiler Engineers Pvt Ltd | ₹33.4 Cr (FY 2024) | •••• | •••• | 25.0% | •••• | Navi Mumbai, Maharashtra, India |
| TPP Boilers Private Limited | ₹33.01 Cr (FY 2025) | •••• | •••• | -15.0% | •••• | Mumbai, Maharashtra, India |
| V Oak Engineers Pvt Ltd | ₹31.94 Cr (FY 2024) | •••• | •••• | 11.0% | •••• | Thane, Maharashtra, India |
| E.M.Electro - Mechanicals Private Limited | ₹30.44 Cr (FY 2024) | •••• | •••• | -11.0% | •••• | Bhopal, Madhya Pradesh, India |
| Maxtherm Boilers Private Limited this company | ₹29.88 Cr (FY 2024) | •••• | •••• | 9.0% | •••• | Chennai, Tamil Nadu, India |
| Techsun Energies and Engineering Services Private Limited | ₹28.65 Cr (FY 2019) | •••• | •••• | 305.0% | •••• | Thoothukudi, Tamil Nadu, India |
| Dhiraj Heavy Equipments Private Limited | ₹28.39 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Pune, Maharashtra, India |
| Balkrishna Boilers Private Limited | ₹28.29 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Ahmedabad, Gujarat, India |
| SSB Structural & Galvanising Private Limited | ₹28.16 Cr (FY 2018) | •••• | •••• | 7.0% | •••• | Hyderabad, Telangana, India |
| Phils Heavy Engineering Private Limited | ₹27.63 Cr (FY 2025) | •••• | •••• | -45.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Maxtherm Boilers by revenue in the Machinery and Equipment industry (Boilers, Heavy Engineering), 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 Maxtherm Boilers Private Limited
Maxtherm Boilers Private Limited is audited by Ramesh and Ramachandran for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Ramesh and Ramachandran | 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 Maxtherm Boilers Private Limited
Maxtherm Boilers has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chandrsekaran Ananthanarayanan | Director | 20 May 2016 | 10 Years 4 Months | Current |
| Karthikeyanvenkataraman Subramanian | Director | 13 Apr 2019 | 7 Years 5 Months | Current |
| Renganathan Jeganthan Govindarajan | Director | 13 Apr 2019 | 7 Years 5 Months | Current |
| Bhuvana Anand Also directs: Maxtherm Technologies Private Limited | Director | 20 May 2016 | 10 Years 4 Months | Current |
Ownership and Shareholding of Maxtherm Boilers 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 Maxtherm Boilers Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Jul 2025 | Others | ₹15 Lakh | Open |
| 24 Jun 2022 | Standard Chartered Bank | ₹1.1 Cr | Open |
Total charge records: 2 View all charges
Legal Cases of Maxtherm Boilers Private Limited
Maxtherm Boilers Private Limited has 5 court cases on record: 5 filed against it. 2 cases are pending and 3 are disposed. Status as checked between 21 Sep 2026 and 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 5 | 2 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Court case (Civil M.A.) | Filed against the company by Thermax Limited. | Pending |
| District court, Pune, Maharashtra | Commercial suit | Filed against the company by Thermax Limited. | Pending |
| District court, Pune, Maharashtra | Court case (Civil M.A.) | Filed against the company by Thermax Limited. | Disposed |
| District court, Pune, Maharashtra | Commercial suit | Filed against the company by Thermax Limited. | Disposed |
| District court, Hyderabad CCC, Telangana | Civil suit | Filed against the company by Jr Seamless Private Limited | Disposed |
Full case history
All 5 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Maxtherm Boilers Private Limited
Maxtherm Boilers operates one associated brand: Maxtherm Boilers. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Boiler manufacturing, thermic fluid heaters, and related services in India. | maxthermboilers.com |
Employees and EPFO Compliance at Maxtherm Boilers Private Limited
Maxtherm Boilers Private Limited has a workforce of 0 employees as of May 05, 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 Maxtherm Boilers Private Limited
Maxtherm Boilers Private Limited has 4 board changes on record since 2016: 4 appointments. The latest: Karthikeyanvenkataraman Subramanian was appointed as Director on 13 Apr 2019.
Credit Ratings, Litigation & Regulatory Alerts for Maxtherm Boilers 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 Maxtherm Boilers 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 Maxtherm Boilers 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 Maxtherm Boilers Private Limited
Maxtherm Boilers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAKCM3557H1ZD | Tamil Nadu | 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 Maxtherm Boilers 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 Maxtherm Boilers Private Limited
Maxtherm Boilers is an active private limited company based in Chennai, Tamil Nadu, India. The company works in heavy engineering and manufacturing, within the machinery and equipment industry. It was incorporated on 20 May 2016 (10+ years old) and is registered under CIN U29308TN2016PTC110488.
Maxtherm Boilers reported revenue of ₹29.88 Cr for FY 2024 (up 9% YoY).
Maxtherm Boilers has 4 current directors:
- Chandrsekaran Ananthanarayanan - Director
- Karthikeyanvenkataraman Subramanian - Director
- Renganathan Jeganthan Govindarajan - Director
- Bhuvana Anand - Director
Maxtherm Boilers reported a net profit of ₹43.99 Lakh (net margin 1.5%) and EBITDA of ₹81.35 Lakh (EBITDA margin 2.7%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Maxtherm Boilers is 31% over three years and 16% over five years. In the latest year (FY 2024) revenue rose 9%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Maxtherm Boilers is 33AAKCM3557H1ZD, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Maxtherm Boilers is U29308TN2016PTC110488. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maxtherm Boilers has 5 court cases on record: 5 filed against it. 2 are pending.
Maxtherm Boilers was incorporated on 20 May 2016, making it 10+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Maxtherm Boilers by revenue are Lamba Bros Private Ltd, Super Steam Boiler Engineers Pvt Ltd, TPP Boilers Private Limited, V Oak Engineers Pvt Ltd, E.M.Electro - Mechanicals Private Limited and 5 more, all in the Machinery and Equipment industry (Boilers, Heavy Engineering).
Karthikeyanvenkataraman Subramanian was appointed as Director on 13 Apr 2019. Renganathan Jeganthan Govindarajan was appointed as Director on 13 Apr 2019. Bhuvana Anand was appointed as Director on 20 May 2016. Maxtherm Boilers has 4 board changes on record in total.