Thermax Babcock & Wilcox Energy Solutions Limited - Company Profile

It is a machinery and equipment public limited company based in Mumbai, Maharashtra, India, established in 2010.
2010 Mumbai, Maharashtra, India Active
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About Thermax Babcock & Wilcox Energy Solutions Limited

Thermax Babcock & Wilcox Energy Solutions Limited, a active public limited company, was established on 26 June 2010 in Mumbai, Maharashtra, India. Engaging in industrial machinery manufacturing within the manufacturing sector, it holds CIN: U29253MH2010PLC204890. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹1,000.00 Cr and a paid-up capital of ₹628.22 Cr.

Formerly known as Thermax Babcock & Wilcox Energy Solutions Private Limited. It upholds a compliant status. Its leadership includes Shyamak Ramyar Tata (Director), Rajesh Channakeshaviah Bukinkere (Ceo), Rajani Kesari (Director). Past directors included Joseph Randall Data, Meher Pheroz Pudumjee, Shyamak Ramyar Tata. It holds ₹1,127.50 Cr open charges and ₹1,342.00 Cr settled loans. Its latest AGM occurred on 29 July 2025, with the balance sheet filed on 31 March 2025. It is based at Dhanraj Mahal, 2Nd Floor, Chhatrapati Shivaji Maharaj Marg, Near Regal Cinema, Colaba, Mumbai, Maharashtra, 400039.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U29253MH2010PLC204890

  • Registration Number

    204890

  • Incorporation Date

    26 June 2010

  • Authorized Capital

    ₹1,000.00 Cr

  • Paid-Up Capital

    ₹628.22 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1,000.00 Cr
  • Paid Up Capital ₹ 628.22 Cr
  • Company Age 15 Year, 7 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 1,127.50 Cr
  • Satisfied Charges ₹ 1,342.00 Cr
  • Revenue Growth **** 30.86%
  • Profit Growth **** 38.72%
  • Ebitda **** 11.66%
  • Net Worth 13.85%
  • Total Assets **** 2.65%
Company report

Thermax Babcock & Wilcox Energy Solutions Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Thermax Babcock & Wilcox Energy Solutions Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Thermax Babcock & Wilcox Energy Solutions Limited?
Current Directors
Name Designation Appointment Date Status
Shyamak Ramyar Tata Director 06 Feb 2024 Current
Rajesh Channakeshaviah Bukinkere Ceo 06 Feb 2024 Current
Rajani Kesari Director 13 May 2021 Current
Ashish Bhandari Director 12 Jun 2020 Current
Rajendran Arunachalam Director 07 Jun 2019 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 26 Aug 2015 Past
Pramod Abcsdd Director 07 Jun 2019 Past
Pramod Abcsdd Additional Director 29 Jul 2024 Past
Pramod Abcsdd Additional Director 25 May 2017 Past
Pramod Abcsdd Additional Director 25 May 2017 Past
Pramod Abcsdd Director 14 May 2018 Past

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Financial Performance of Thermax Babcock & Wilcox Energy Solutions.

Thermax Babcock & Wilcox Energy Solutions Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 30.86% increase. The company also saw a substantial improvement in profitability, with a 38.72% increase in profit. The company's net worth Soared by an impressive increase of 13.85%.

Thermax Babcock & Wilcox Energy Solutions revenue growth over time
Thermax Babcock & Wilcox Energy Solutions profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 30.86%
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Revenue from Operations
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 30.86%
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*******
Total Assets
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 2.65%
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Profit or Loss
*******
 38.72%
*******
*******
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Net Worth
*******
 13.85%
*******
*******
*******
*******
EBITDA
*******
 11.66%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Thermax Babcock & Wilcox Energy Solutions?

In 2023, Thermax Babcock & Wilcox Energy Solutions had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹11,275,000,000.00

Satisfied Charges

₹13,420,000,000.00

Charges Breakdown by Lending Institutions
  • Others : 600.00 Cr
  • Citi Bank N.A. : 305.00 Cr
  • The Hongkong And Shanghai Banking Corporation Limited : 112.50 Cr
  • Axis Bank Limited : 110.00 Cr
Latest Charge Details
Date Lender Amount Status
03 Nov 2025 Others ₹200.00 Cr Open
17 Jun 2025 The Hongkong And Shanghai Banking Corporation Limited ₹112.50 Cr Open
21 Mar 2025 Axis Bank Limited ₹110.00 Cr Open
26 Aug 2024 Citi Bank N.A. ₹305.00 Cr Open
23 Mar 2024 Others ₹400.00 Cr Open

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How Many Employees Work at Thermax Babcock & Wilcox Energy Solutions?

Unlock and access historical data on people associated with Thermax Babcock & Wilcox Energy Solutions, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Thermax Babcock & Wilcox Energy Solutions, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Thermax Babcock & Wilcox Energy Solutions's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Thermax Babcock & Wilcox Energy Solutions
Recent Activity within the Organization
  • Charges

    The activity A charge with Others amounted to Rs. 200.00 Cr with Charge ID 101190653 was registered on 03 Nov 2025. was completed.

  • Annual General Meeting

    Progress on Thermax Babcock & Wilcox Energy Solutions Limited last Annual general meeting of members was held on 29 Jul 2025 as per latest MCA records. was documented.

  • Charges

    Progress on A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 112.50 Cr with Charge ID 101120351 was registered on 17 Jun 2025. was documented.

  • Director Appointment

    The activity Sandeep Prabhakar Deshpande was appointed as a Cfo was appointed as a Cfo on 04 Jun 2025 & has been associated with this company since 8 months 18 days . was completed.

  • Balance Sheet

    Progress on Thermax Babcock & Wilcox Energy Solutions Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was documented.

  • Charges

    Progress on A charge with Axis Bank Limited amounted to Rs. 110.00 Cr with Charge ID 101074651 was registered on 21 Mar 2025. was documented.

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Frequently Asked Questions
What is the CIN of Thermax Babcock & Wilcox Energy Solutions Limited?

The CIN of Thermax Babcock & Wilcox Energy Solutions Limited is U29253MH2010PLC204890.

Where is Thermax Babcock & Wilcox Energy Solutions Limited headquartered?

Thermax Babcock & Wilcox Energy Solutions Limited is headquartered at Dhanraj Mahal, 2Nd Floor, Chhatrapati Shivaji Maharaj Marg, Near Regal Cinema, Colaba, Mumbai, Maharashtra, 400039.

When was Thermax Babcock & Wilcox Energy Solutions Limited incorporated?

Thermax Babcock & Wilcox Energy Solutions Limited was incorporated on 26 June 2010.

Who are the current directors of Thermax Babcock & Wilcox Energy Solutions Limited?

The current directors of Thermax Babcock & Wilcox Energy Solutions Limited are

What is the primary industry of Thermax Babcock & Wilcox Energy Solutions Limited?

The primary industry of Thermax Babcock & Wilcox Energy Solutions Limited is Manufacturing.

Is Thermax Babcock & Wilcox Energy Solutions Limited a listed company?

Thermax Babcock & Wilcox Energy Solutions Limited is unlisted.

What is the capital structure of Thermax Babcock & Wilcox Energy Solutions Limited?

The authorized capital of Thermax Babcock & Wilcox Energy Solutions Limited is ₹1,000.00 Cr, and the paid-up capital is ₹628.22 Cr.

What is the compliance status of Thermax Babcock & Wilcox Energy Solutions Limited?

The compliance status of Thermax Babcock & Wilcox Energy Solutions Limited is Compliant.

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