MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-31-0000772
Thermal Instrument India Private Limited - machinery and equipment in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹50.26 Cr
▲ 19% YoY
Net profit · FY 2025
₹3.87 Cr
Net margin 7.7%
EBITDA · FY 2025
₹6.28 Cr
EBITDA margin 12.5%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹24.09 Lakh
Issued & subscribed
Open charges
₹3.19 Cr
Satisfied ₹2.66 Cr
Company age
26 yrs
Est. 2000
Employees · EPFO
141
Provident fund records
About Thermal Instrument India Private Limited
Data last updated:
Thermal Instrument India Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the industrial testing and measurement equipment segment of the machinery and industrial equipment sector. It was incorporated on 03 July 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2000PTC127532. Its GSTIN is 27AABCT2768A1ZJ (Maharashtra).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹24.09 Lakh. It is led by directors including Raghavendra Manohar Kulkarni and Sriya Raghavendra Kulkarni.
Its last annual general meeting (AGM) was held on 27 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹50.26 Cr, a growth of 19% compared to the previous year. For the same year it recorded a net profit of ₹3.87 Cr (net margin 7.7%) and EBITDA of ₹6.28 Cr (EBITDA margin 12.5%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years and 12% over five years.
The company has about 141 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Thermal Instrument. As per MCA filings, the company has open charges of ₹3.19 Cr and satisfied charges of ₹2.66 Cr on record. Court records list 17 cases involving the company, including 9 filed by the company and 8 filed against it; 6 cases are pending.
Thermal Instrument India Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-31-0000772). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website thermalinstrument.net.
Company details
CIN U74999MH2000PTC127532
Registration Number 127532
Incorporation Date 03 July 2000
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 27 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-31-0000772
Key People
Raghavendra Manohar Kulkarni Director Sriya Raghavendra Kulkarni Director Chinmay Raghavendra Kulkarni Director Recognitions & Rankings of Thermal Instrument India
Contact details
Thermal Instrument India Private Limited's registered office is in Mumbai, Maharashtra. Its website is thermalinstrument.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address10th Floor B 1009 Kohinoor Square, Plot No. 46 N.C. Kelkar Marg Opp. Shivsena Bhavan Dadar West, Mumbai, Maharashtra, India – 400028
- IndustryMachinery and Equipment, Industrial Testing & Measurement Equipment
To see the full contact details of Thermal Instrument India Private Limited, buy the company report.
Comprehensive company report
Thermal Instrument 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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Brands
Thermal Instrument India operates one associated brand: Thermal Instrument. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Process instrumentation for measurement, control, and monitoring in industrial sectors. | thermalinstrument.net |
Business activity
The main business activity of Thermal Instrument India 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 Thermal Instrument India Private Limited, buy the company report.
Financials of Thermal Instrument India Private Limited
FY 2024 filings availableThermal Instrument India Private Limited reported revenue of ₹50.26 Cr (up 19% YoY) for FY 2025.
Revenue · FY 2025
₹50.26 Cr ▲ 19%
Net profit · FY 2025
₹3.87 Cr margin 7.7%
EBITDA · FY 2025
₹6.28 Cr margin 12.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 19%
3 years · compounded
▲ 25%
5 years · compounded
▲ 12%
EBITDA CAGR growth
1 year
▲ 103%
3 years · compounded
▲ 77%
5 years · compounded
▲ 34%
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 19% growth in the latest year. EBITDA rose 103% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹6.28 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.87 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.5% | ||||
| Net Profit Margin | 7.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| 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 Thermal Instrument India Private Limited, buy the company report.
Board of directors of Thermal Instrument India Private Limited
Thermal Instrument India 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 |
|---|---|---|---|---|
| Raghavendra Manohar Kulkarni | Director | 03 Jul 2000 | 26 Years 4 Months | Current |
| Sriya Raghavendra Kulkarni | Director | 25 Oct 2018 | 8 Years 0 Months | Current |
| Chinmay Raghavendra Kulkarni Also directs: General Measurments and Controls Private Limited | Director | 29 Sep 2025 | 1 Years 1 Months | Current |
Peer comparison
Thermal Instrument India Private Limited is compared with the 4 companies closest to it by revenue in the Machinery and Equipment industry (Testing Equipment), 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 |
|---|---|---|---|---|---|---|
| Ambetronics Engineers Private Limited | ₹51.33 Cr (FY 2024) | 26.0% | Mumbai, Maharashtra, India | |||
| Thermal Instrument India Private Limitedthis company | ₹50.26 Cr (FY 2025) | ₹3.87 Cr | 7.7% | 19.0% | 141 | Mumbai, Maharashtra, India |
| Apple Weighinfra Limited | ₹50.13 Cr (FY 2025) | 238.0% | Ahmedabad, Gujarat, India | |||
| Deepak Poly-Plast Private Limited | ₹49.07 Cr (FY 2025) | 11.0% | Ahmedabad, Gujarat, India | |||
| Eureka Industrial Equipments Pvt Ltd | ₹49.04 Cr (FY 2024) | 28.0% | Pune, Maharashtra, India |
To see the full peer comparison of Thermal Instrument India Private Limited, buy the company report.
Auditor
Thermal Instrument India Private Limited is audited by VINAY MULYE for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VINAY MULYE | FY 2023 | 044756 |
Shareholding
The shareholding of Thermal Instrument India 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 Thermal Instrument India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹3.19 Cr
Satisfied charges
₹2.66 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Jan 2022 | 100519303 | Standard Chartered Bank | ₹3.19 Cr | Open | |
| 28 Nov 2017 | 100143192 | Bank of India | ₹1 Cr | Satisfied | |
| 10 Nov 2017 | 100138755 | Bank of India | ₹84.4 Lakh | Satisfied | |
| 02 Nov 2017 | 100153018 | Bank of India | ₹19 Lakh | Satisfied | |
| 27 Mar 2017 | 100182740 | Bank of India | ₹5.62 Lakh | Satisfied |
To see the full charge records of Thermal Instrument India Private Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
Thermal Instrument India Private Limited has 17 court cases on record: 9 filed by Thermal Instrument India, 8 filed against it. 6 cases are pending and 11 are disposed.
Total cases
17
Filed by the company
9
Filed against the company
8
Pending
6
Disposed
11
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 13 | 7 | 6 |
| High courts | 4 | 1 | 0 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed against the company by Kulkarni Instruments Pvt. Ltd. | Disposed |
| Bombay High Court | Commercial suit | Filed against the company by Kulkarni Instruments Pvt. Ltd. | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against M S Neo Power Electronics and Projects P Ltd | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CHAMBER SUMMONS) | Filed against the company by an individual | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed by the company against an individual | Pending |
To see the full case history of Thermal Instrument 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 Thermal Instrument India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Thermal Instrument India Private Limited has a workforce of 141 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
141
Active EPFO establishments
1
Employee growth
7.63%
GST
Thermal Instrument India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCT2768A1ZJ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Thermal Instrument India Private Limited, buy the company report.
Recent activity
Thermal Instrument India Private Limited has 5 board changes on record since 2000: 3 appointments and 2 cessations. The latest: Chinmay Raghavendra Kulkarni was appointed as Director on 29 Sep 2025.
Appointed
Chinmay Raghavendra Kulkarni was appointed as Director.
Charges
A charge registered on 02 Nov 2017 via Charge ID 100153018 with Bank Of India was fully satisfied on 13 Aug 2025.
Charges
A charge registered on 27 Mar 2017 via Charge ID 100182740 with Bank Of India was fully satisfied on 13 Aug 2025.
AGM
Thermal Instrument India Private Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.
Charges
A charge registered on 28 Nov 2017 via Charge ID 100143192 with Bank Of India was fully satisfied on 15 May 2024.
Charges
A charge registered on 10 Nov 2017 via Charge ID 100138755 with Bank Of India was fully satisfied on 15 May 2024.
Filing
Thermal Instrument India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Standard Chartered Bank amounted to Rs. 319.00 Lakh with Charge ID 100519303 was registered on 07 Jan 2022.
Ceased
Yashawant Mahadeo Kulkarni ceased to be Director.
Ceased
Manohar Mahadeo Kulkarni ceased to be Director.
Appointed
Sriya Raghavendra Kulkarni was appointed as Director.
Charges
A charge with Bank Of India amounted to Rs. 100.00 Lakh with Charge ID 100143192 was registered on 28 Nov 2017.
11 earlier events are in the company report.
Frequently asked questions
Thermal Instrument India is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial testing and measurement equipment, within the machinery and equipment industry. It was incorporated on 03 July 2000 (26+ years old) and is registered under CIN U74999MH2000PTC127532.
Thermal Instrument India has 3 current directors:
- Raghavendra Manohar Kulkarni - Director
- Sriya Raghavendra Kulkarni - Director
- Chinmay Raghavendra Kulkarni - Director
The latest financial statements of Thermal Instrument India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 27 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Thermal Instrument India is 27AABCT2768A1ZJ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Thermal Instrument India is U74999MH2000PTC127532. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Thermal Instrument India has 17 court cases on record: 9 filed by the company and 8 filed against it. 6 are pending. Most are in the district courts.
Thermal Instrument India was incorporated on 03 July 2000, making it 26+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Thermal Instrument India by revenue are Ambetronics Engineers Private Limited, Apple Weighinfra Limited, Deepak Poly-Plast Private Limited, Eureka Industrial Equipments Pvt Ltd, all in the Machinery and Equipment industry (Testing Equipment), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Chinmay Raghavendra Kulkarni was appointed as Director on 29 Sep 2025. Yashawant Mahadeo Kulkarni ceased to be Director on 29 Jul 2020. Manohar Mahadeo Kulkarni ceased to be Director on 19 Nov 2018. Thermal Instrument India has 5 board changes on record in total.
Yes, Thermal Instrument India is registered as a small enterprise under Udyam registration (number: UDYAM-MH-31-0000772).
Thermal Instrument India can be reached through the website thermalinstrument.net. Its registered office is in Mumbai, Maharashtra, India.
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