MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-TN-06-0000706
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Thermo Solutions (India) Private Limited - machinery and equipment in Dindigul, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹81.25 Lakh
▼ 24% YoY
Net loss · FY 2024
₹7.32 Lakh
Net margin -9%
EBITDA · FY 2024
₹97,865
EBITDA margin 1.2%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Satisfied charges
₹96.4 Lakh
No open charges
Company age
17 yrs
Est. 2009
Directors on board
4
As per MCA filings
About Thermo Solutions (India) Private Limited
Data last updated:
Thermo Solutions (India) Private Limited is a private limited company based in Dindigul, Tamil Nadu, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 21 October 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U28131TZ2009PTC015549. Its GSTIN is 33AADCT3427C1ZU (Tamil Nadu).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Mohanavelu Udayakumar (Managing Director) and Vasanthi Udayakumar.
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 12A SIDCO Industrial Estate Dindigul, Tamil Nadu, India – 624003.
As per the financials filed for FY 2024, the company reported a revenue of ₹81.25 Lakh, a decline of 24% compared to the previous year. For the same year it recorded a net loss of ₹7.32 Lakh (net margin -9%) and EBITDA of ₹97,865 (EBITDA margin 1.2%). Revenue has declined at a compounded annual rate (CAGR) of 17% over three years and 2% over five years.
As per MCA filings, the company has satisfied charges of ₹96.4 Lakh on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 1 case is pending.
Thermo Solutions (India) Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-06-0000706). The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website thermosolutions.net.
Company details
CIN U28131TZ2009PTC015549
Registration Number 015549
Incorporation Date 21 October 2009
ROC Coimbatore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Non-Compliant
MSME Classification Micro
Udyam Registration UDYAM-TN-06-0000706
Key People
Mohanavelu Udayakumar Managing Director Vasanthi Udayakumar Director Velayutham Sureshkannan Director Recognitions & Rankings of Thermo Solutions (India)
Contact details
Thermo Solutions (India) Private Limited's registered office is in Dindigul, Tamil Nadu. Its website is thermosolutions.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address12A SIDCO Industrial Estate Dindigul, Tamil Nadu, India – 624003
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Thermo Solutions (India) Private Limited, buy the company report.
Comprehensive company report
Thermo Solutions (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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Financials of Thermo Solutions (India) Private Limited
FY 2025 filings availableThermo Solutions (India) Private Limited reported revenue of ₹81.25 Lakh (down 24% YoY) for FY 2024.
Revenue · FY 2024
₹81.25 Lakh ▼ 24%
Net loss · FY 2024
₹7.32 Lakh margin -9%
EBITDA · FY 2024
₹97,865 margin 1.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 24%
3 years · compounded
▼ 17%
5 years · compounded
▼ 2%
EBITDA CAGR growth
1 year
▼ 53%
3 years · compounded
▲ 27%
5 years · compounded
▲ 15%
Revenue has declined at a compounded annual rate (CAGR) of 2% over five years, including a 24% fall in the latest year. EBITDA fell 53% 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 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 | ₹97,865 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹7.32 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.2% | ||||
| Net Profit Margin | -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 | |||||
To see the full financial statements and ratios of Thermo Solutions (India) Private Limited, buy the company report.
Board of directors of Thermo Solutions (India) Private Limited
Thermo Solutions (India) has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vasanthi Udayakumar | Director | 10 Sep 2020 | 6 Years 1 Months | Current |
| Velayutham Sureshkannan Also directs: Hydro Sewdew India Private Limited | Director | 21 Oct 2009 | 17 Years 0 Months | Current |
| Mohanavelu Udayakumar Also directs: Hydro Sewdew India Private Limited | Managing Director | 21 Oct 2009 | 17 Years 0 Months | Current |
| Shobana Sureshkannan | Director | 10 Sep 2020 | 6 Years 1 Months | Current |
Auditor
Thermo Solutions (India) Private Limited is audited by E MUTHUSAMI & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| E MUTHUSAMI & CO | FY 2017 | 012494S |
Shareholding
The shareholding of Thermo Solutions (India) Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Thermo Solutions (India) Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹96.4 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 May 2014 | 10512944 | Vijaya Bank | ₹20 Lakh | Satisfied | |
| 10 Sep 2013 | 10453716 | Vijaya Bank | ₹45 Lakh | Satisfied | |
| 27 Sep 2010 | 10251665 | The Karur Vysya Bank Limited | ₹31.4 Lakh | Satisfied |
To see the full charge records of Thermo Solutions (India) Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Thermo Solutions (India) Private Limited has 2 court cases on record: 1 filed by Thermo Solutions (India), 1 filed against it. 1 case is pending and 1 is disposed.
Total cases
2
Filed by the company
1
Filed against the company
1
Pending
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Madurai, Tamil Nadu | Civil suit | Filed against the company by Ms. Super Transports P. Ltd. | Disposed |
| District court, Madurai, Tamil Nadu | Court case (ESI.OP) | Filed by the company against Employees State Insurance Corporation Through Its Deputy Director | Pending |
To see the full case history of Thermo Solutions (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 Thermo Solutions (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Thermo Solutions (India) has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AADCT3427C1ZU | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Thermo Solutions (India) Private Limited, buy the company report.
Recent activity
Thermo Solutions (India) Private Limited has 7 board changes on record since 2009: 4 appointments and 3 cessations. The latest: Shobana Sureshkannan was appointed as Director on 10 Sep 2020.
AGM
Thermo Solutions (India) Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Thermo Solutions (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Coimbatore.
Charges
A charge registered on 31 May 2014 via Charge ID 10512944 with Vijaya Bank was fully satisfied on 06 May 2022.
Charges
A charge registered on 10 Sep 2013 via Charge ID 10453716 with Vijaya Bank was fully satisfied on 06 May 2022.
Appointed
Shobana Sureshkannan was appointed as Director.
Appointed
Vasanthi Udayakumar was appointed as Director.
Charges
A charge registered on 27 Sep 2010 via Charge ID 10251665 with The Karur Vysya Bank Limited was fully satisfied on 03 Jun 2016.
Charges
A charge with Vijaya Bank amounted to Rs. 20.00 Lakh with Charge ID 10512944 was registered on 31 May 2014.
Charges
A charge with Vijaya Bank of Rs. 45.00 Lakh registered on 10 Sep 2013 with Charge ID 10453716 was modified on 10 May 2014.
Charges
A charge with Vijaya Bank amounted to Rs. 45.00 Lakh with Charge ID 10453716 was registered on 10 Sep 2013.
Charges
A charge with The Karur Vysya Bank Limited of Rs. 31.40 Lakh registered on 27 Sep 2010 with Charge ID 10251665 was modified on 27 Apr 2011.
Ceased
Vasanthi Udayakumar ceased to be Director.
6 earlier events are in the company report.
Frequently asked questions
Thermo Solutions (India) is an active private limited company based in Dindigul, Tamil Nadu, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 21 October 2009 (17+ years old) and is registered under CIN U28131TZ2009PTC015549.
Thermo Solutions (India) has 4 current directors:
- Mohanavelu Udayakumar - Managing Director
- Vasanthi Udayakumar - Director
- Velayutham Sureshkannan - Director
- Shobana Sureshkannan - Director
The latest financial statements of Thermo Solutions (India) 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 Thermo Solutions (India) is 33AADCT3427C1ZU, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Thermo Solutions (India) is U28131TZ2009PTC015549. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Thermo Solutions (India) has 2 court cases on record: 1 filed by the company and 1 filed against it. 1 is pending.
Thermo Solutions (India) was incorporated on 21 October 2009, making it 17+ years old. It is registered with the Registrar of Companies, Coimbatore.
Shobana Sureshkannan was appointed as Director on 10 Sep 2020. Vasanthi Udayakumar was appointed as Director on 10 Sep 2020. Vasanthi Udayakumar ceased to be Director on 31 Mar 2011. Thermo Solutions (India) has 7 board changes on record in total.
Yes, Thermo Solutions (India) is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-06-0000706).
Thermo Solutions (India) can be reached through the website thermosolutions.net. Its registered office is in Dindigul, Tamil Nadu, India.