About Summits Hygronics Private Limited
Data last updated:
Summits Hygronics Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India. It operates in the industrial compressors and pneumatic systems segment of the machinery and industrial equipment sector. It was incorporated on 02 July 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U29120TZ2001PTC009809. Its GSTIN is 33AAGCS3100G1ZY (Tamil Nadu). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9 Lakh. It is led by directors including Kalimuthu Pandian Rajan (Managing Director) and Kalimuthupandian Duraisamy.
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 No 97 G V Residency Sowripalayam, Coimbatore, Tamil Nadu, India – 641028.
As per the financials filed for FY 2023, the company reported a revenue of ₹61.99 Cr, a decline of 67% compared to the previous year. For the same year it recorded a net profit of ₹2.59 Cr (net margin 4.2%) and EBITDA of ₹5.68 Cr (EBITDA margin 9.2%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 14% over five years.
The company has about 125 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Summits Hygronics. As per MCA filings, the company has open charges of ₹12.28 Cr and satisfied charges of ₹1.46 Cr on record. Court records list 6 cases involving the company, including 1 filed by the company and 5 filed against it; 2 cases are pending. The company has 1 deal on record (1 secondary share transfer); the latest was in March 2012. Its 10 peer companies in the Machinery and Equipment industry (Compressors) are compared by revenue, 5 larger and 5 smaller; the largest is Kabu Projects Private Limited with revenue of ₹67.94 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website airdryer.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressNo 97 G V Residency Sowripalayam, Coimbatore, Tamil Nadu, India – 641028
- 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 Summits Hygronics Private Limited
The main business activity of Summits Hygronics 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 |
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 Summits Hygronics Private Limited FY 2025 filings available
Summits Hygronics Private Limited reported revenue of ₹61.99 Cr (down 67% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Summits Hygronics Private Limited
Revenue fell 67% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 14%. EBITDA fell 93% 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 Summits Hygronics Private Limited
| 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 | ₹61.99 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹5.68 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.59 Cr | •••• | •••• | •••• | •••• |
| 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 Summits Hygronics Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.2% | •••• | •••• | •••• | •••• |
| 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 Summits Hygronics 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 Summits Hygronics Private Limited
Summits Hygronics 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 |
|---|---|---|---|---|---|---|
| Kabu Projects Private Limited | ₹67.94 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | New Delhi, Delhi, India |
| Dynamic Air Engineering (India) Private Limited | ₹67.21 Cr (FY 2024) | •••• | •••• | -3.0% | •••• | Chennai, Tamil Nadu, India |
| Hamon India Thermal Engineers and Contracttors Private Limited | ₹64.54 Cr (FY 2023) | •••• | •••• | -74.0% | •••• | Mumbai, Maharashtra, India |
| Changzheng BMR Refrigeration Technology Private Limited | ₹63.33 Cr (FY 2025) | •••• | •••• | 43.0% | •••• | Aurangabad, Maharashtra, India |
| KB Autotech India Private Limited | ₹62.62 Cr (FY 2025) | •••• | •••• | -37.0% | •••• | Thiruvallur, Tamil Nadu, India |
| Summits Hygronics Private Limited this company | ₹61.99 Cr (FY 2023) | •••• | •••• | -67.0% | •••• | Coimbatore, Tamil Nadu, India |
| Electrospark Enclosures Private Limited | ₹61.48 Cr (FY 2024) | •••• | •••• | -1.0% | •••• | Delhi, India |
| Chevon Nissu Radiators Private Limited | ₹59.55 Cr (FY 2025) | •••• | •••• | 64.0% | •••• | Pune, Maharashtra, India |
| Usha Compressors Private Limited | ₹58.76 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | Ahmedabad, Gujarat, India |
| Innovative Engineers Hvac Private Limited | ₹57.58 Cr (FY 2025) | •••• | •••• | 72.0% | •••• | Ahmedabad, Gujarat, India |
| Densol Engineering Private Limited | ₹56.89 Cr (FY 2024) | •••• | •••• | 54.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Summits Hygronics 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 Summits Hygronics Private Limited
Summits Hygronics Private Limited is audited by SHANMUGAM & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SHANMUGAM & ASSOCIATES | 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 Summits Hygronics Private Limited
Summits Hygronics 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 |
|---|---|---|---|---|
| Kalimuthu Pandian Rajan Also directs: Nova Gas Techniques Private Limited | Managing Director | 02 Jul 2001 | 25 Years 3 Months | Current |
| Kalimuthupandian Duraisamy Also directs: Nova Gas Techniques Private Limited | Director | 14 Mar 2012 | 14 Years 6 Months | Current |
| Rajmohan Sathyadev Rajanayagam Also directs: Nova Gas Techniques Private Limited | Director | 14 Mar 2012 | 14 Years 6 Months | Current |
Ownership and Shareholding of Summits Hygronics 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 Summits Hygronics Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Oct 2024 | Others | ₹1.27 Cr | Open |
| 26 Sep 2024 | Hdfc Bank Limited | ₹1 Cr | Open |
| 26 Sep 2024 | Hdfc Bank Limited | ₹60 Lakh | Open |
| 07 Mar 2024 | Others | ₹15 Lakh | Open |
| 10 Oct 2023 | Others | ₹1.2 Cr | Open |
Total charge records: 15 View all charges
Deals & Funding of Summits Hygronics Private Limited
Summits Hygronics Private Limited has 1 deal on record (1 secondary share transfer); the latest was in March 2012.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 4 individuals |
Full deal history
All 1 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Summits Hygronics Private Limited
Summits Hygronics Private Limited has 6 court cases on record: 1 filed by Summits Hygronics, 5 filed against it. 2 cases are pending and 4 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 4 | 2 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chengalpattu, Tamil Nadu | Civil suit | Filed against the company by Fai Global Logistics Private Limited | Pending |
| High Court of Chhattisgarh | Arbitration matter | Filed against the company by Steel Authority of India Limited | Disposed |
| District court, Coimbatore, Tamil Nadu | Execution petition | Filed against the company by Steel Authority of India Limited | Disposed |
| District court, Hyderabad CCC, Telangana | Civil suit | Filed against the company by an individual | Pending |
| District court, Raipur, Chhattisgarh | Arbitration matter | Filed by the company against Steel Authority of India Bhilai Steel Plant | Disposed |
Full case history
All 6 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 Summits Hygronics Private Limited
Summits Hygronics operates one associated brand: Summits Hygronics. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Compressed air purification and gas generation solutions are provided by Summits Hygronics. | airdryer.in |
Employees and EPFO Compliance at Summits Hygronics Private Limited
Summits Hygronics Private Limited has a workforce of 125 employees as of Sep 24, 2025.
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 Summits Hygronics Private Limited
Summits Hygronics Private Limited has 7 board changes on record since 2001: 5 appointments and 2 cessations. The latest: Kalimuthupandian Duraisamy was appointed as Director on 14 Mar 2012.
19 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Summits Hygronics 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 Summits Hygronics 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 Summits Hygronics 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 Summits Hygronics Private Limited
Summits Hygronics has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAGCS3100G1ZY | Tamil Nadu | 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 Summits Hygronics 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 Summits Hygronics Private Limited
Summits Hygronics is an active private limited company based in Coimbatore, Tamil Nadu, India. The company works in industrial compressors and pneumatic systems, within the machinery and equipment industry. It was incorporated on 02 July 2001 (25+ years old) and is registered under CIN U29120TZ2001PTC009809.
Summits Hygronics reported revenue of ₹61.99 Cr for FY 2023 (down 67% YoY).
Summits Hygronics has 3 current directors:
- Kalimuthu Pandian Rajan - Managing Director
- Kalimuthupandian Duraisamy - Director
- Rajmohan Sathyadev Rajanayagam - Director
Summits Hygronics reported a net profit of ₹2.59 Cr (net margin 4.2%) and EBITDA of ₹5.68 Cr (EBITDA margin 9.2%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Summits Hygronics is 20% over three years and 14% over five years. In the latest year (FY 2023) revenue fell 67%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Summits Hygronics is 33AAGCS3100G1ZY, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Summits Hygronics is U29120TZ2001PTC009809. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Summits Hygronics has 6 court cases on record: 1 filed by the company and 5 filed against it. 2 are pending. Most are in the district courts.
Summits Hygronics was incorporated on 02 July 2001, making it 25+ years old. It is registered with the Registrar of Companies, Coimbatore.
Summits Hygronics has 1 deal on record (1 secondary share transfer); the latest was in March 2012.
The peers of Summits Hygronics by revenue are Kabu Projects Private Limited, Dynamic Air Engineering (India) Private Limited, Hamon India Thermal Engineers and Contracttors Private Limited, Changzheng BMR Refrigeration Technology Private Limited, KB Autotech India Private Limited and 5 more, all in the Machinery and Equipment industry (Compressors).