MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-TN-30-0007181
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Maxtherm (India) Private Limited - machinery and equipment in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹55.8 Cr
▲ 39% YoY
Net profit · FY 2023
₹92.21 Lakh
Net margin 1.7%
EBITDA · FY 2023
₹1.39 Cr
EBITDA margin 2.5%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
10 yrs
Est. 2016
Employees · EPFO
21
Provident fund records
Directors on board
3
As per MCA filings
About Maxtherm (India) Private Limited
Data last updated:
Maxtherm (India) Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the industrial machinery 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 U29309TN2016PTC110483. Its GSTIN is 33AAKCM3314L1ZH (Tamil Nadu). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Viswanathan Subramani and Subramani Viswas.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at A P 207 2nd Sector 9th Street K.K.Nagar, Chennai, Tamil Nadu, India – 600078.
As per the financials filed for FY 2023, the company reported a revenue of ₹55.8 Cr, a growth of 39% compared to the previous year. For the same year it recorded a net profit of ₹92.21 Lakh (net margin 1.7%) and EBITDA of ₹1.39 Cr (EBITDA margin 2.5%). Revenue has grown at a compounded annual rate (CAGR) of 30% over three years and 22% over five years.
The company has about 21 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Maxtherm India. Court records list 12 cases involving the company, including 5 filed by the company and 7 filed against it; 2 cases are pending.
Maxtherm (India) Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-30-0007181). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website maxthermindia.com.
Company details
CIN U29309TN2016PTC110483
Registration Number 110483
Incorporation Date 20 May 2016
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-TN-30-0007181
Key People
Viswanathan Subramani Director Subramani Viswas Director Mani Sundaravalli Additional Director Recognitions & Rankings of Maxtherm (India)
Contact details
Maxtherm (India) Private Limited's registered office is in Chennai, Tamil Nadu. Its website is maxthermindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressA P 207 2nd Sector 9th Street K.K.Nagar, Chennai, Tamil Nadu, India – 600078
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Maxtherm (India) Private Limited, buy the company report.
Comprehensive company report
Maxtherm (India) 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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Brands
Maxtherm (India) operates one associated brand: Maxtherm India. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacture of energy-efficient steam boilers and thermic fluid heaters for industrial sectors. | maxthermindia.com |
Business activity
The main business activity of Maxtherm (India) 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 Maxtherm (India) Private Limited, buy the company report.
Financials of Maxtherm (India) Private Limited
FY 2024 filings availableMaxtherm (India) Private Limited reported revenue of ₹55.8 Cr (up 39% YoY) for FY 2023.
Revenue · FY 2023
₹55.8 Cr ▲ 39%
Net profit · FY 2023
₹92.21 Lakh margin 1.7%
EBITDA · FY 2023
₹1.39 Cr margin 2.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 39%
3 years · compounded
▲ 30%
5 years · compounded
▲ 22%
EBITDA CAGR growth
1 year
▲ 23%
3 years · compounded
▲ 21%
5 years · compounded
▲ 24%
Revenue has grown at a compounded annual rate (CAGR) of 22% over five years, including 39% growth in the latest year. EBITDA rose 23% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹55.8 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.39 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹92.21 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.5% | ||||
| Net Profit Margin | 1.7% | ||||
| 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 | |||||
To see the full financial statements and ratios of Maxtherm (India) Private Limited, buy the company report.
Board of directors of Maxtherm (India) Private Limited
Maxtherm (India) has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Viswanathan Subramani | Director | 20 May 2016 | 10 Years 5 Months | Current |
| Subramani Viswas Also directs: Maxtherm Fantech Private Limited | Director | 09 Jun 2022 | 4 Years 4 Months | Current |
| Mani Sundaravalli Also directs: Maxtherm Fantech Private Limited, Maxtherm Cogen Private Limited | Additional Director | 30 Jan 2020 | 6 Years 8 Months | Current |
Peer comparison
Maxtherm (India) Private Limited is compared with the 4 companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers), 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Qlar India Private Limited | ₹56.14 Cr (FY 2023) | 19.0% | Yeshwanthpur Hobli, Karnataka, India | |||
| Maxtherm (India) Private Limitedthis company | ₹55.8 Cr (FY 2023) | ₹92.21 Lakh | 1.7% | 39.0% | 21 | Chennai, Tamil Nadu, India |
| M M Industrial Controls Private Limited | ₹55.66 Cr (FY 2025) | 8.0% | Bangalore, Karnataka, India | |||
| Vitech Heavy Equipments Private Limited | ₹55.58 Cr (FY 2024) | -30.0% | Navi Mumbai, Maharashtra, India | |||
| Ecoclean Machines Private Limited | ₹55.47 Cr (FY 2025) | 14.0% | Pune, Maharashtra, India |
To see the full peer comparison of Maxtherm (India) Private Limited, buy the company report.
Auditor
Maxtherm (India) Private Limited is audited by RAMESH AND RAMACHANDRAN for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAMESH AND RAMACHANDRAN | FY 2023 | 02981S |
Shareholding
The shareholding of Maxtherm (India) Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Maxtherm (India) Private Limited, buy the company report.
Legal cases
Maxtherm (India) Private Limited has 12 court cases on record: 5 filed by Maxtherm (India), 7 filed against it. 2 cases are pending and 10 are disposed.
Total cases
12
Filed by the company
5
Filed against the company
7
Pending
2
Disposed
10
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 9 | 5 | 0 |
| District courts | 3 | 2 | 2 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Court case (Civil M.A.) | Filed by the company against Rajdeep Engineering Systems Pune Pvt.Ltd. and 1 other | Pending |
| High Court, TAMIL NADU | Appeal | Filed against the company by Mechtherm Energy Pvt Ltd. | Disposed |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed against the company by Mechtherm Energy Pvt Ltd | Disposed |
| High Court, TAMIL NADU | Court case (OSA(CAD)) | Filed against the company by Mechtherm Energy Pvt Ltd | Disposed |
| High Court, TAMIL NADU | Civil suit | Filed by the company against M/S Mechtherm Energy Pvt Ltd., | Disposed |
To see the full case history of Maxtherm (India) 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
No delayed payments to MSME suppliers are on our record for Maxtherm (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Maxtherm (India) Private Limited has a workforce of 21 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
21
Active EPFO establishments
1
Employee growth
-4.55%
GST
Maxtherm (India) has 3 GST registrations: 1 active and 2 cancelled or inactive.
Total GSTINs
3
Active
1
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAKCM3314L1ZH | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Maxtherm (India) Private Limited, buy the company report.
Recent activity
Maxtherm (India) Private Limited has 5 board changes on record since 2016: 3 appointments and 2 cessations. The latest: Subramani Viswas ceased to be Additional Director on 28 Sep 2023.
AGM
Maxtherm (India) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Maxtherm (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Ceased
Subramani Viswas ceased to be Additional Director.
Appointed
Subramani Viswas was appointed as Director.
Appointed
Mani Sundaravalli was appointed as Additional Director.
Ceased
Rukmani ceased to be Director.
Appointed
Viswanathan Subramani was appointed as Director.
Incorporation
20 May 2016
Maxtherm (India) Private Limited was registered on 20 May 2016 with Roc Chennai & aged 10 years 5 months as per MCA records.
Frequently asked questions
Maxtherm (India) is an active private limited company based in Chennai, Tamil Nadu, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 20 May 2016 (10+ years old) and is registered under CIN U29309TN2016PTC110483.
Maxtherm (India) has 3 current directors:
- Viswanathan Subramani - Director
- Subramani Viswas - Director
- Mani Sundaravalli - Additional Director
The latest financial statements of Maxtherm (India) on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Maxtherm (India) is 33AAKCM3314L1ZH, registered in Tamil Nadu. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Maxtherm (India) is U29309TN2016PTC110483. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maxtherm (India) has 12 court cases on record: 5 filed by the company and 7 filed against it. 2 are pending. Most are in the high courts.
Maxtherm (India) was incorporated on 20 May 2016, making it 10+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Maxtherm (India) by revenue are Qlar India Private Limited, M M Industrial Controls Private Limited, Vitech Heavy Equipments Private Limited, Ecoclean Machines Private Limited, all in the Machinery and Equipment industry (Industrial Products Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Subramani Viswas ceased to be Additional Director on 28 Sep 2023. Subramani Viswas was appointed as Director on 09 Jun 2022. Mani Sundaravalli was appointed as Additional Director on 30 Jan 2020. Maxtherm (India) has 5 board changes on record in total.
Yes, Maxtherm (India) is registered as a medium enterprise under Udyam registration (number: UDYAM-TN-30-0007181).
Maxtherm (India) can be reached through the website maxthermindia.com. Its registered office is in Chennai, Tamil Nadu, India.