About Phoenix Refrigeration Private Limited
Data last updated:
Phoenix Refrigeration Private Limited is a private limited company based in Pune, Maharashtra, India, recognised as a startup by DPIIT. It operates in the industrial compressors and pneumatic systems segment of the machinery and industrial equipment sector. It was incorporated on 10 March 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74900PN2014PTC150908. Its GSTIN is 27AAHCP6406B1ZO (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.54 Lakh. It is led by directors including Rahul Thakre and Ujawala Narendra Kashiwar.
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 S. No. 38/1 Khedekar Ind Estate, Pune, Maharashtra, India – 411041.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.94 Cr, a decline of 45% compared to the previous year. For the same year it recorded a net loss of ₹54.57 Lakh (net margin -28.1%) and EBITDA of ₹14.79 Lakh (EBITDA margin 7.6%). Revenue has declined at a compounded annual rate (CAGR) of 35% over three years and 1% over five years.
The company is associated with 1 brand: Phoenix Acr India. As per MCA filings, the company has open charges of ₹1.8 Cr on record. Court records list 11 cases involving the company, including 11 filed against it; 9 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 phoenixacrindia.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressS. No. 38/1 Khedekar Ind Estate, Pune, Maharashtra, India – 411041
- IndustryMachinery and Equipment, Industrial Compressors & Pneumatic Systems
- 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 Phoenix Refrigeration Private Limited
The main business activity of Phoenix Refrigeration is manufacturing. In detail, this covers other manufacturing.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | 32 | Other manufacturing | 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 Phoenix Refrigeration Private Limited FY 2025 filings available
Phoenix Refrigeration Private Limited reported revenue of ₹1.94 Cr (down 45% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Phoenix Refrigeration Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 1% over five years, including a 45% fall in the latest year. EBITDA rose 532% 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 Phoenix Refrigeration Private Limited
| 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 | ₹14.79 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹54.57 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 Phoenix Refrigeration Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -28.1% | •••• | •••• | •••• | •••• |
| 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 Phoenix Refrigeration 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.
Peer Comparison of Phoenix Refrigeration Private Limited
Phoenix Refrigeration Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Compressors). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dwell Climate Technologies Private Limited | ₹2.07 Cr (FY 2025) | •••• | •••• | 61.0% | •••• | Ludhiana, Punjab, India |
| Airstaar Hvac Private Limited | ₹2.01 Cr (FY 2025) | •••• | •••• | 80.0% | •••• | Chennai, Tamil Nadu, India |
| Samarth Turnkey Solutions Private Limited | ₹2 Cr (FY 2025) | •••• | •••• | -14.0% | •••• | Nashik, Maharashtra, India |
| Fusions Ecopro Private Limited | ₹2 Cr (FY 2024) | •••• | •••• | 1279.0% | •••• | Chennai, Tamil Nadu, India |
| Gaps Lti Private Limited | ₹1.97 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Bahadurgarh, Haryana, India |
| Phoenix Refrigeration Private Limited this company | ₹1.94 Cr (FY 2025) | •••• | •••• | -45.0% | •••• | Pune, Maharashtra, India |
| Techtonic Hvac Services India Private Limited | ₹1.91 Cr (FY 2018) | •••• | •••• | -37.0% | •••• | Bangalore, Karnataka, India |
| Perfectetek Technologies Private Limited | ₹1.87 Cr (FY 2025) | •••• | •••• | 36.0% | •••• | Kolkata, West Bengal, India |
| Base Aircon Private Limited. | ₹1.84 Cr (FY 2025) | •••• | •••• | 38.0% | •••• | New Delhi, Delhi, India |
| Machsan Engineers Private Limited | ₹1.84 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Mumbai, Maharashtra, India |
| Fineair Compressors Private Limited | ₹1.82 Cr (FY 2025) | •••• | •••• | 54.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Phoenix Refrigeration by revenue in the Machinery and Equipment industry (Compressors), 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 Phoenix Refrigeration Private Limited
Phoenix Refrigeration Private Limited is audited by P R A S S & ASSOCIATES LLP for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| P R A S S & ASSOCIATES LLP | 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 Phoenix Refrigeration Private Limited
Phoenix Refrigeration has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rahul Thakre | Director | 05 Feb 2024 | 2 Years 8 Months | Current |
| Ujawala Narendra Kashiwar Also directs: Avonn Prefab Private Limited | Director | 19 Jan 2019 | 7 Years 8 Months | Current |
| Narendra Maroti Kashiwar | Director | 30 Aug 2022 | 4 Years 1 Months | Current |
Ownership and Shareholding of Phoenix Refrigeration 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 Phoenix Refrigeration Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Nov 2019 | Others | ₹1.8 Cr | Open |
Total charge records: 1 View all charges
Legal Cases of Phoenix Refrigeration Private Limited
Phoenix Refrigeration Private Limited has 11 court cases on record: 11 filed against it. 9 cases are pending and 2 are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 11 | 9 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed against the company by Algol Chemicals India Private Limited | Pending |
| District court, South East, Delhi | Cheque dishonour complaint | Filed against the company by Foam Specialties India Private Limited | Pending |
| District court, Nagpur, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
| District court, Nagpur, Maharashtra | Civil suit | Filed against the company by Nova Enterprises | Pending |
| District court, Nashik, Maharashtra | Court case (Sum.Civ.Suit) | Filed against the company by an individual | Pending |
Full case history
All 11 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 Phoenix Refrigeration Private Limited
Phoenix Refrigeration operates one associated brand: Phoenix Acr India. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provision of cold storage and refrigeration solutions for food, pharmaceuticals, and related industries. | phoenixacrindia.com |
Employees and EPFO Compliance at Phoenix Refrigeration Private Limited
Employment history and EPFO contributions of people linked to Phoenix Refrigeration.
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 Phoenix Refrigeration Private Limited
Phoenix Refrigeration Private Limited has 5 board changes on record since 2019: 3 appointments and 2 cessations. The latest: Rahul Thakre was appointed as Director on 05 Feb 2024.
Credit Ratings, Litigation & Regulatory Alerts for Phoenix Refrigeration 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 Phoenix Refrigeration 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 Phoenix Refrigeration 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 Phoenix Refrigeration Private Limited
Phoenix Refrigeration has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCP6406B1ZO | 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 Phoenix Refrigeration 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 Phoenix Refrigeration Private Limited
Phoenix Refrigeration is an active private limited company based in Pune, Maharashtra, India. The company works in industrial compressors and pneumatic systems, within the machinery and equipment industry. It was incorporated on 10 March 2014 (12+ years old) and is registered under CIN U74900PN2014PTC150908.
Phoenix Refrigeration reported revenue of ₹1.94 Cr for FY 2025 (down 45% YoY).
Phoenix Refrigeration has 3 current directors:
- Rahul Thakre - Director
- Ujawala Narendra Kashiwar - Director
- Narendra Maroti Kashiwar - Director
Phoenix Refrigeration reported a net loss of ₹54.57 Lakh (net margin -28.1%) and EBITDA of ₹14.79 Lakh (EBITDA margin 7.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Phoenix Refrigeration is 35% over three years and -1% over five years. In the latest year (FY 2025) revenue fell 45%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Phoenix Refrigeration is 27AAHCP6406B1ZO, registered in Maharashtra.
The CIN (Corporate Identification Number) of Phoenix Refrigeration is U74900PN2014PTC150908. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Phoenix Refrigeration has 11 court cases on record: 11 filed against it. 9 are pending.
Phoenix Refrigeration was incorporated on 10 March 2014, making it 12+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Phoenix Refrigeration by revenue are Dwell Climate Technologies Private Limited, Airstaar Hvac Private Limited, Samarth Turnkey Solutions Private Limited, Fusions Ecopro Private Limited, Gaps Lti Private Limited and 5 more, all in the Machinery and Equipment industry (Compressors).
Rahul Thakre was appointed as Director on 05 Feb 2024. Jayant Tulsidas Borkar ceased to be Director on 30 Aug 2022. Narendra Maroti Kashiwar was appointed as Director on 30 Aug 2022. Phoenix Refrigeration has 5 board changes on record in total.