MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-02-0049314
Maxtherm Boilers Private Limited - machinery and equipment in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹29.88 Cr
▲ 9% YoY
Net profit · FY 2024
₹43.99 Lakh
Net margin 1.5%
EBITDA · FY 2024
₹81.35 Lakh
EBITDA margin 2.7%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹1.25 Cr
Secured borrowings
Company age
10 yrs
Est. 2016
Directors on board
4
As per MCA filings
About Maxtherm Boilers Private Limited
Data last updated:
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 6 cases involving the company, including 6 filed against it; 2 cases are pending.
Maxtherm Boilers Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0049314). 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.
Company Details of Maxtherm Boilers Private Limited
CIN U29308TN2016PTC110488
Registration Number 110488
Incorporation Date 20 May 2016
ROC Chennai
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-TN-02-0049314
Key People
Chandrsekaran Ananthanarayanan Director Karthikeyanvenkataraman Subramanian Director Renganathan Jeganthan Govindarajan Director Recognitions & Rankings of Maxtherm Boilers
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressThemetrozone R – 140444 Pillaiyarkoilstreet Offjnsalai, Chennai, Tamil Nadu, India – 600040
- IndustryMachinery and Equipment, Heavy Engineering & Manufacturing
Comprehensive company report
Maxtherm Boilers 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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Associated Brands
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 |
Business Activity
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 |
Premium access
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Financials of Maxtherm Boilers Private Limited
FY 2025 filings availableMaxtherm Boilers Private Limited reported revenue of ₹29.88 Cr (up 9% YoY) for FY 2024.
Revenue · FY 2024
₹29.88 Cr ▲ 9%
Net profit · FY 2024
₹43.99 Lakh margin 1.5%
EBITDA · FY 2024
₹81.35 Lakh margin 2.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 9%
3 years · compounded
▲ 31%
5 years · compounded
▲ 16%
EBITDA CAGR growth
1 year
▼ 7%
3 years · compounded
▲ 196%
5 years · compounded
▲ 18%
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
| Metrics | FY 2023-24 | FY 2019-20 to FY 2022-23in the company report |
|---|---|---|
| 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
| Metrics | FY 2023-24 | FY 2019-20 to FY 2022-23in the company report |
|---|---|---|
| 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, and every line for FY 2019-20 to FY 2022-23, 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.
: available in the company report
Board of Directors of Maxtherm Boilers Private Limited
Maxtherm Boilers has 4 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chandrsekaran Ananthanarayanan | Director | 20 May 2016 | 10 Years 5 Months | Current |
| Karthikeyanvenkataraman Subramanian | Director | 13 Apr 2019 | 7 Years 6 Months | Current |
| Renganathan Jeganthan Govindarajan | Director | 13 Apr 2019 | 7 Years 6 Months | Current |
| Bhuvana Anand | Director | 20 May 2016 | 10 Years 5 Months | Current |
Peer Comparison
Maxtherm Boilers Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Boilers, Heavy Engineering), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| 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 |
| Phils Heavy Engineering Private Limited | ₹27.63 Cr (FY 2025) | •••• | •••• | -45.0% | •••• | Mumbai, Maharashtra, India |
Peers are the companies nearest to Maxtherm Boilers by revenue, above and below it, in the Machinery and Equipment industry (Boilers, Heavy Engineering), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details
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 |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
Open charges
₹1.25 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| 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
Maxtherm Boilers Private Limited has 6 court cases on record: 6 filed against it. 2 cases are pending and 4 are disposed.
Total cases
6
Filed against the company
6
Pending
2
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 6 | 2 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Commercial suit | Filed against the company by Thermax Limited Through Its Representative Mr Amit K Das | Pending |
| District court, Pune, Maharashtra | Court case (Civil M.A.) | Filed against the company by Thermax Limited Through Amit K. Das. | Pending |
| District court, Pune, Maharashtra | Court case (Civil M.A.) | Filed against the company by Thermax Limited Through Amit K. Das. | Disposed |
| District court, Pune, Maharashtra | Commercial suit | Filed against the company by Thermax Limited Through Its Representative Mr Amit K Das | Disposed |
| District court, Hyderabad CCC, Telangana | Civil suit | Filed against the company by M/S Jr Seamless Pvt Ltd | Disposed |
: available in 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.
Employees and EPFO Compliance
Maxtherm Boilers Private Limited has a workforce of 0 employees as of May 05, 2024.
Active EPFO establishments
1
: available in the company report
Recent Activity
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.
AGM
Maxtherm Boilers Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 15.00 Lakh with Charge ID 101121802 was registered on 02 Jul 2025.
Filing
Maxtherm Boilers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Charges
A charge with Standard Chartered Bank amounted to Rs. 110.00 Lakh with Charge ID 100589306 was registered on 24 Jun 2022.
Appointed
Karthikeyanvenkataraman Subramanian was appointed as Director.
Appointed
Renganathan Jeganthan Govindarajan was appointed as Director.
Appointed
Bhuvana Anand was appointed as Director.
Appointed
Chandrsekaran Ananthanarayanan was appointed as Director.
Incorporation
20 May 2016
Maxtherm Boilers Private Limited was registered on 20 May 2016 with Roc Chennai & aged 10 years 5 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Maxtherm Boilers has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAKCM3557H1ZD | Tamil Nadu | Active | 01 Jul 2017 |
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
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 has 4 current directors:
- Chandrsekaran Ananthanarayanan - Director
- Karthikeyanvenkataraman Subramanian - Director
- Renganathan Jeganthan Govindarajan - Director
- Bhuvana Anand - Director
The latest financial statements of Maxtherm Boilers 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 FY 2017 are in the company report.
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 6 court cases on record: 6 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 E.M.Electro - Mechanicals Private Limited, Techsun Energies and Engineering Services Private Limited, Dhiraj Heavy Equipments Private Limited, Phils Heavy Engineering Private Limited, all in the Machinery and Equipment industry (Boilers, Heavy Engineering), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
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.
Yes, Maxtherm Boilers is registered as a small enterprise under Udyam registration (number: UDYAM-TN-02-0049314).
Maxtherm Boilers can be reached through the website maxthermboilers.com. Its registered office is in Chennai, Tamil Nadu, India.