MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-33-0068035
Thermal Systech Private Limited - machinery and equipment in Kalyan, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹19.16 Lakh
▼ 59% YoY
Net loss · FY 2023
₹2.25 Lakh
Net margin -11.7%
EBITDA · FY 2023
-₹2.16 Lakh
EBITDA margin -11.2%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹2 Cr
Secured borrowings
Company age
13 yrs
Est. 2013
Directors on board
2
As per MCA filings
About Thermal Systech Private Limited
Data last updated:
Thermal Systech Private Limited is a private limited company based in Kalyan, Maharashtra, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 22 October 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29253MH2013PTC249475. Its GSTIN is 27AAECT8207D1ZG (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Govindprasad Krishna Pillai and Mahendra Yashwant Nigudkar.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Sai Ganesh Sankul Shop No 7 Vijayanagar Kalyan East, Maharashtra, India – 421306.
As per the financials filed for FY 2023, the company reported a revenue of ₹19.16 Lakh, a decline of 59% compared to the previous year. For the same year it recorded a net loss of ₹2.25 Lakh (net margin -11.7%) and EBITDA of -₹2.16 Lakh (EBITDA margin -11.2%). Revenue has declined at a compounded annual rate (CAGR) of 34% over three years and 40% over five years.
As per MCA filings, the company has open charges of ₹2 Cr on record. Court records list 3 cases involving the company, including 3 filed against it; 1 case is pending.
Thermal Systech Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0068035). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website thermsysgroup.com.
Company details
CIN U29253MH2013PTC249475
Registration Number 249475
Incorporation Date 22 October 2013
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-33-0068035
Recognitions & Rankings of Thermal Systech
Contact details
Thermal Systech Private Limited's registered office is in Kalyan, Maharashtra. Its website is thermsysgroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSai Ganesh Sankul Shop No 7 Vijayanagar Kalyan East, Maharashtra, India – 421306
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Thermal Systech Private Limited, buy the company report.
Comprehensive company report
Thermal Systech 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Thermal Systech is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Thermal Systech Private Limited, buy the company report.
Financials of Thermal Systech Private Limited
FY 2023 filings availableThermal Systech Private Limited reported revenue of ₹19.16 Lakh (down 59% YoY) for FY 2023.
Revenue · FY 2023
₹19.16 Lakh ▼ 59%
Net loss · FY 2023
₹2.25 Lakh margin -11.7%
EBITDA · FY 2023
-₹2.16 Lakh margin -11.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 59%
3 years · compounded
▼ 34%
5 years · compounded
▼ 40%
EBITDA CAGR growth
3 years · compounded
▲ 44%
5 years · compounded
▼ 16%
Revenue has declined at a compounded annual rate (CAGR) of 40% over five years, including a 59% fall 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 |
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| Total Expenses | |||||
| EBITDA | -₹2.16 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.25 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -11.2% | ||||
| Net Profit Margin | -11.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Thermal Systech Private Limited, buy the company report.
Board of directors of Thermal Systech Private Limited
Thermal Systech has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Govindprasad Krishna Pillai | Director | 22 Oct 2013 | 13 Years 0 Months | Current |
| Mahendra Yashwant Nigudkar | Director | 22 Oct 2013 | 13 Years 0 Months | Current |
Shareholding
The shareholding of Thermal Systech Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Thermal Systech Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Nov 2016 | 100061390 | Hdfc Bank Limited | ₹2 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Thermal Systech Private Limited has 3 court cases on record: 3 filed against it. 1 case is pending and 2 are disposed.
Total cases
3
Filed against the company
3
Pending
1
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed against the company by M/S Tanved Engineers Through Somnath Balasaeb Bhalerao | Pending |
| District court, Thane, Maharashtra | Civil suit | Filed against the company by an individual | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by M/S Tanved Engineers Through Somnath Balasaeb Bhalerao | Disposed |
To see the full case history of Thermal Systech 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 Systech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Thermal Systech has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECT8207D1ZG | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Thermal Systech Private Limited, buy the company report.
Recent activity
Thermal Systech Private Limited has 2 board changes on record since 2013: 2 appointments. The latest: Govindprasad Krishna Pillai was appointed as Director on 22 Oct 2013.
AGM
Thermal Systech Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Thermal Systech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai Ii.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 200.00 Lakh with Charge ID 100061390 was registered on 18 Nov 2016.
Appointed
Govindprasad Krishna Pillai was appointed as Director.
Appointed
Mahendra Yashwant Nigudkar was appointed as Director.
Incorporation
22 Oct 2013
Thermal Systech Private Limited was registered on 22 Oct 2013 with Roc Mumbai Ii & aged 13 years 1 day as per MCA records.
Frequently asked questions
Thermal Systech is an active private limited company based in Kalyan, Maharashtra, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 22 October 2013 (13+ years old) and is registered under CIN U29253MH2013PTC249475.
Thermal Systech has 2 current directors:
- Govindprasad Krishna Pillai - Director
- Mahendra Yashwant Nigudkar - Director
The latest financial statements of Thermal Systech on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Thermal Systech is 27AAECT8207D1ZG, registered in Maharashtra.
The CIN (Corporate Identification Number) of Thermal Systech is U29253MH2013PTC249475. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Thermal Systech has 3 court cases on record: 3 filed against it. 1 is pending.
Thermal Systech was incorporated on 22 October 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.
Govindprasad Krishna Pillai was appointed as Director on 22 Oct 2013. Mahendra Yashwant Nigudkar was appointed as Director on 22 Oct 2013.
Yes, Thermal Systech is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-33-0068035).
Thermal Systech can be reached through the website thermsysgroup.com. Its registered office is in Kalyan, Maharashtra, India.