MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-TN-03-0009451
Summits Hygronics Private Limited - machinery and equipment in Coimbatore, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹61.99 Cr
▼ 67% YoY
Net profit · FY 2023
₹2.59 Cr
Net margin 4.2%
EBITDA · FY 2023
₹5.68 Cr
EBITDA margin 9.2%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹9 Lakh
Issued & subscribed
Open charges
₹12.28 Cr
Satisfied ₹1.46 Cr
Company age
25 yrs
Est. 2001
Employees · EPFO
125
Provident fund records
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 4 peer companies in the Machinery and Equipment industry (Compressors), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 2 larger and 2 smaller; the largest is Kabu Projects Private Limited with revenue of ₹67.94 Cr.
Summits Hygronics Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-03-0009451). 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.
Company details
CIN U29120TZ2001PTC009809
Registration Number 009809
Incorporation Date 02 July 2001
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 Compliant
MSME Classification Medium
Udyam Registration UDYAM-TN-03-0009451
Key People
Kalimuthu Pandian Rajan Managing Director Kalimuthupandian Duraisamy Director Rajmohan Sathyadev Rajanayagam Director Recognitions & Rankings of Summits Hygronics
Contact details
Summits Hygronics Private Limited's registered office is in Coimbatore, Tamil Nadu. Its website is airdryer.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo 97 G V Residency Sowripalayam, Coimbatore, Tamil Nadu, India – 641028
- IndustryMachinery and Equipment, Industrial Compressors & Pneumatic Systems
To see the full contact details of Summits Hygronics Private Limited, buy the company report.
Comprehensive company report
Summits Hygronics 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
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 |
Business activity
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 | 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 Summits Hygronics Private Limited, buy the company report.
Financials of Summits Hygronics Private Limited
FY 2025 filings availableSummits Hygronics Private Limited reported revenue of ₹61.99 Cr (down 67% YoY) for FY 2023.
Revenue · FY 2023
₹61.99 Cr ▼ 67%
Net profit · FY 2023
₹2.59 Cr margin 4.2%
EBITDA · FY 2023
₹5.68 Cr margin 9.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 67%
3 years · compounded
▲ 20%
5 years · compounded
▲ 14%
EBITDA CAGR growth
1 year
▼ 93%
3 years · compounded
▲ 29%
5 years · compounded
▲ 15%
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
| 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
| 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 | |||||
To see the full financial statements and ratios of Summits Hygronics Private Limited, buy the company report.
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.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kalimuthu Pandian Rajan Also directs: Nova Gas Techniques Private Limited | Managing Director | 02 Jul 2001 | 25 Years 4 Months | Current |
| Kalimuthupandian Duraisamy Also directs: Nova Gas Techniques Private Limited | Director | 14 Mar 2012 | 14 Years 7 Months | Current |
| Rajmohan Sathyadev Rajanayagam Also directs: Nova Gas Techniques Private Limited | Director | 14 Mar 2012 | 14 Years 7 Months | Current |
Peer comparison
Summits Hygronics Private Limited is compared with the 4 companies closest to it by revenue in the Machinery and Equipment industry (Compressors), 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 |
|---|---|---|---|---|---|---|
| Kabu Projects Private Limited | ₹67.94 Cr (FY 2025) | 12.0% | New Delhi, Delhi, India | |||
| Changzheng BMR Refrigeration Technology Private Limited | ₹63.33 Cr (FY 2025) | 43.0% | Aurangabad, Maharashtra, India | |||
| Summits Hygronics Private Limitedthis company | ₹61.99 Cr (FY 2023) | ₹2.59 Cr | 4.2% | -67.0% | 125 | Coimbatore, Tamil Nadu, 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 |
To see the full peer comparison of Summits Hygronics Private Limited, buy the company report.
Auditor
Summits Hygronics Private Limited is audited by SHANMUGAM & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHANMUGAM & ASSOCIATES | FY 2023 | 015095S |
Shareholding
The shareholding of Summits Hygronics Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Summits Hygronics Private Limited, buy the company report.
Charges & borrowings
Open charges
₹12.28 Cr
Satisfied charges
₹1.46 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Oct 2024 | 100995551 | Others | ₹1.27 Cr | Open | |
| 26 Sep 2024 | 101015910 | Hdfc Bank Limited | ₹1 Cr | Open | |
| 26 Sep 2024 | 101015913 | Hdfc Bank Limited | ₹60 Lakh | Open | |
| 07 Mar 2024 | 100887446 | Others | ₹15 Lakh | Open | |
| 10 Oct 2023 | 100845147 | Others | ₹1.2 Cr | Open |
To see the full charge records of Summits Hygronics Private Limited, buy the company report.
Total charge records: 15 View all charges
Deals & funding
Summits Hygronics Private Limited has 1 deal on record (1 secondary share transfer); the latest was in March 2012.
Total deals
1
Secondary share transfer
1
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
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.
Total cases
6
Filed by the company
1
Filed against the company
5
Pending
2
Disposed
4
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 Pvt Ltd | Pending |
| District court, Coimbatore, Tamil Nadu | Execution petition | Filed against the company by Steel Authority of India Limited | Disposed |
| High Court, CHHATTISGARH | Arbitration matter | 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 |
To see the full case history of Summits Hygronics 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.
Credit ratings & regulatory alerts
Summits Hygronics Private Limited was last rated by Crisil on 25 Aug 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 25 Aug 2020 |
To see the full credit ratings and regulatory alerts of Summits Hygronics Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Summits Hygronics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Summits Hygronics Private Limited has a workforce of 125 employees on its EPFO records as of Sep 24, 2025, across 1 active EPFO establishment.
Employee count
125
Active EPFO establishments
1
Employee growth
52.44%
GST
Summits Hygronics has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAGCS3100G1ZY | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Summits Hygronics Private Limited, buy the company report.
Recent activity
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.
Charges
A charge registered on 16 Mar 2020 via Charge ID 100354561 with Bank Of India was fully satisfied on 07 Jan 2026.
Charges
A charge registered on 19 Sep 2017 via Charge ID 100126663 with Sidbi was fully satisfied on 11 Dec 2025.
Charges
A charge registered on 31 Jan 2011 via Charge ID 10264680 with Small Industries Development Bank Of India was fully satisfied on 11 Dec 2025.
Charges
A charge registered on 21 Aug 2002 via Charge ID 90003936 with The Federal Bank Limited was fully satisfied on 10 Dec 2025.
AGM
Summits Hygronics Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Summits Hygronics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Coimbatore.
Charges
A charge with Others amounted to Rs. 126.90 Lakh with Charge ID 100995551 was registered on 16 Oct 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 100.00 Lakh with Charge ID 101015910 was registered on 26 Sep 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 60.00 Lakh with Charge ID 101015913 was registered on 26 Sep 2024.
Charges
A charge with Others amounted to Rs. 15.00 Lakh with Charge ID 100887446 was registered on 07 Mar 2024.
Charges
A charge with Others amounted to Rs. 120.00 Lakh with Charge ID 100845147 was registered on 10 Oct 2023.
Charges
A charge with Axis Bank Limited amounted to Rs. 150.00 Lakh with Charge ID 100612535 was registered on 26 Aug 2022.
19 earlier events are in the company report.
Frequently asked questions
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 has 3 current directors:
- Kalimuthu Pandian Rajan - Managing Director
- Kalimuthupandian Duraisamy - Director
- Rajmohan Sathyadev Rajanayagam - Director
The latest financial statements of Summits Hygronics 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 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, Changzheng BMR Refrigeration Technology Private Limited, Chevon Nissu Radiators Private Limited, Usha Compressors Private Limited, all in the Machinery and Equipment industry (Compressors), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Kalimuthupandian Duraisamy was appointed as Director on 14 Mar 2012. Kalimuthupandian Shivasankar ceased to be Director on 14 Mar 2012. Rajmohan Padmavathi ceased to be Director on 14 Mar 2012. Summits Hygronics has 7 board changes on record in total.
Yes, Summits Hygronics is registered as a medium enterprise under Udyam registration (number: UDYAM-TN-03-0009451).
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