Sphere Thermal Systems Private Limited

Sphere Thermal Systems Private Limited - machinery and equipment in New, Delhi, India. FY 2026 financials & compliance.
CIN U40300DL2012PTC240786 Incorporated 23 August 2012 ROC Delhi HQ New, Delhi, India
Active Private Limited Company machinery and equipment
Data last updated
Revenue · FY 2024
₹16.22 Cr
▲ 58% YoY
Net profit · FY 2024
₹76.18 Lakh
Net margin 4.7%
EBITDA · FY 2024
₹1.67 Cr
EBITDA margin 10.3%
Authorised capital
₹1.2 Cr
Registered with MCA
Paid-up capital
₹1.09 Cr
Issued & subscribed
Open charges
₹40.5 Lakh
Satisfied ₹4.28 Cr
Company age
14 yrs
Est. 2012
Employees · EPFO
24
Provident fund records

About Sphere Thermal Systems Private Limited

Data last updated:

Sphere Thermal Systems Private Limited is a private limited company based in New, Delhi, 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 23 August 2012 and has been in existence for over 14 years.

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U40300DL2012PTC240786. Its GSTIN is 06AARCS9193A1ZZ (Haryana).

The company has an authorised share capital of ₹1.2 Cr and a paid-up capital of ₹1.09 Cr. It is led by directors including Sudha Singh and Neha Singh.

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 508 5th Floor, Kirti Mahal Rajendra Place, New, Delhi, India – 110008.

As per the financials filed for FY 2024, the company reported a revenue of ₹16.22 Cr, a growth of 58% compared to the previous year. For the same year it recorded a net profit of ₹76.18 Lakh (net margin 4.7%) and EBITDA of ₹1.67 Cr (EBITDA margin 10.3%). Revenue has declined at a compounded annual rate (CAGR) of 43% over three years and 2% over five years.

The company has about 24 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Sphere Thermal Systems. As per MCA filings, the company has open charges of ₹40.5 Lakh and satisfied charges of ₹4.28 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website spheretherm.com.

Company Details of Sphere Thermal Systems Private Limited
CIN U40300DL2012PTC240786
Registration Number 240786
Incorporation Date 23 August 2012
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
    Locked
  • Registered Address
    508 5th Floor, Kirti Mahal Rajendra Place, New, Delhi, India – 110008
  • Industry
    Machinery and Equipment, Industrial Compressors & Pneumatic Systems
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Financials, compliance, directors, charges, ownership and filings for Sphere Thermal Systems Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Associated Brands with Sphere Thermal Systems Private Limited

Sphere Thermal Systems operates one associated brand: Sphere Thermal Systems. Each brand links to its own profile.

BrandDescriptionWebsite
Produces high-quality thermal systems for various applications.spheretherm.com

Competitors & Alternatives of Sphere Thermal Systems Private Limited

Brands and companies operating in the same space as Sphere Thermal Systems Private Limited include BHTC, Hanon Systems, Nissens and 7 more.

CompetitorDescriptionLocationFounded
BHTC BHTC HVAC solutions are provided for the automobile industry.Lippstadt, Germany1999
Hanon Systems Hanon Systems Thermal management systems are provided for automotive applications.Daejeon, South Korea1986
Nissens Nissens Manufacturer of automotive aftermarket parts for engine cooling, climate systems, and emissionsHorsens, Denmark1921
TitanX TitanX Medium and heavy-duty diesel engine cooling solutions are manufactured.Gothenburg, Sweden2008
Banco Products Banco Products Cooling systems and gaskets are manufactured for vehicles and machinery.Vadodara, India1961
Grayson Thermal Systems Grayson Thermal Systems Manufactures & supplies automotive thermal cooling systems to OEMs and aftermarketBirmingham, United Kingdom1978
Subros Subros Auto air conditioning systems, including compressors and condensers, are manufactured.Delhi, India1985
Granges Granges Manufacturer and supplier of rolled aluminium products for heat exchangers to OEMStockholm, Sweden1972
Modine Manufacturing Company Modine Manufacturing Company Heat transfer products for vehicles are manufactured and supplied.Racine, United States1916
Exo-S Exo-S Major auto components are manufactured and supplied for four-wheelers.Sherbrooke, Canada2012

Business Activity of Sphere Thermal Systems Private Limited

The main business activity of Sphere Thermal Systems is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
CManufacturingC10Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipmentLocked
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Auditor Details of Sphere Thermal Systems Private Limited

Sphere Thermal Systems Private Limited is audited by ASHOKKUMARJHA for the financial year 2023.

NameStatusAppointment DateCessation Date
ASHOKKUMARJHALockedLockedLocked
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Board of Directors of Sphere Thermal Systems Private Limited

Sphere Thermal Systems has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Sudha SinghDirector01 Nov 20232 Years 11 MonthsCurrent
Neha SinghDirector01 Nov 20232 Years 11 MonthsCurrent
Brij Bali SinghDirector01 Nov 20232 Years 11 MonthsCurrent
Pushpa SinghDirector01 Nov 20232 Years 11 MonthsCurrent

Financials of Sphere Thermal Systems Private Limited FY 2025 filings available

Sphere Thermal Systems Private Limited reported revenue of ₹16.22 Cr (up 58% YoY) for FY 2024.

Revenue · FY 2024
₹16.22 Cr ▲ 58%
Net profit · FY 2024
₹76.18 Lakh margin 4.7%
EBITDA · FY 2024
₹1.67 Cr margin 10.3%

Compounded Annual Growth Rate (CAGR) of Sphere Thermal Systems Private Limited

Revenue CAGR growth
1 year
▲ 58%
3 years · compounded
▲ 43%
5 years · compounded
▼ 2%
EBITDA CAGR growth
1 year
▲ 171%
3 years · compounded
▲ 53%
5 years · compounded
▲ 33%

Revenue rose 58% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 2%. EBITDA rose 171% 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 Sphere Thermal Systems Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹1.67 Cr••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹76.18 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 Sphere Thermal Systems Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin10.3%••••••••••••••••
Net Profit Margin4.7%••••••••••••••••
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••••••••••••••••••••

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 Sphere Thermal Systems are in the company report.

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Ownership and Shareholding of Sphere Thermal Systems Private Limited

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Charges & Borrowings of Sphere Thermal Systems Private Limited

Open charges
₹40.5 Lakh
Satisfied charges
₹4.28 Cr
Breakdown by lending institutions
Yes Bank Limited₹0.41 Cr
Latest charge details
DateLenderAmountStatus
18 Oct 2025Yes Bank Limited₹13.5 LakhOpen
18 Oct 2025Yes Bank Limited₹13.5 LakhOpen
18 Oct 2025Yes Bank Limited₹13.5 LakhOpen
20 Jan 2020Bank of India₹5.4 LakhSatisfied
02 Jan 2018Bank of India₹4.23 CrSatisfied

Total charge records: 5 View all charges

Employees and EPFO Compliance at Sphere Thermal Systems Private Limited

Sphere Thermal Systems Private Limited has a workforce of 24 employees as of Apr 01, 2024.

Employee count
24
Active EPFO establishments
1
Employee growth
-31.43%
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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GST Compliance of Sphere Thermal Systems Private Limited

Sphere Thermal Systems has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
06AARCS9193A1ZZHaryanaActive01 Jul 2017
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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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Credit Ratings, Litigation & Regulatory Alerts for Sphere Thermal Systems Private Limited

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MSME Payment Delays by Sphere Thermal Systems Private Limited

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Subsidiaries & Group Companies of Sphere Thermal Systems Private Limited

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MCA Filings & Documents of Sphere Thermal Systems Private Limited

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Recent Activity on Sphere Thermal Systems Private Limited

Charges
18 Oct 2025
A charge with Yes Bank Limited amounted to Rs. 0.14 Cr with Charge ID 101183290 was registered on 18 Oct 2025.
Charges
18 Oct 2025
A charge with Yes Bank Limited amounted to Rs. 0.14 Cr with Charge ID 101183302 was registered on 18 Oct 2025.
Charges
18 Oct 2025
A charge with Yes Bank Limited amounted to Rs. 0.14 Cr with Charge ID 101183307 was registered on 18 Oct 2025.
Charges
08 Oct 2025
A charge registered on 02 Jan 2018 via Charge ID 100193344 with Bank Of India was fully satisfied on 08 Oct 2025.
Activity
30 Sep 2025
Sphere Thermal Systems Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
24 Apr 2025
A charge registered on 20 Jan 2020 via Charge ID 100317677 with Bank Of India was fully satisfied on 24 Apr 2025.

Frequently Asked Questions about Sphere Thermal Systems Private Limited

Sphere Thermal Systems is an active private limited company based in New, Delhi, India. The company works in industrial compressors and pneumatic systems, within the machinery and equipment industry. It was incorporated on 23 August 2012 (14+ years old) and is registered under CIN U40300DL2012PTC240786.

Sphere Thermal Systems reported revenue of ₹16.22 Cr for FY 2024 (up 58% YoY).

Sphere Thermal Systems has 4 current directors:

Sphere Thermal Systems reported a net profit of ₹76.18 Lakh (net margin 4.7%) and EBITDA of ₹1.67 Cr (EBITDA margin 10.3%) for FY 2024, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Sphere Thermal Systems is 43% over three years and -2% over five years. In the latest year (FY 2024) revenue rose 58%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Sphere Thermal Systems is 06AARCS9193A1ZZ, registered in Haryana.

The CIN (Corporate Identification Number) of Sphere Thermal Systems is U40300DL2012PTC240786. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Sphere Thermal Systems was incorporated on 23 August 2012, making it 14+ years old. It is registered with the Registrar of Companies, Delhi.

Yes, Sphere Thermal Systems is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

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