About Thermax Engineering Construction Company Limited
Data last updated: 20 December 2025
Thermax Engineering Construction Company Limited is a public limited company based in Pune, Maharashtra, India, a subsidiary of Thermax Limited.. It specialises in procurement and construction (epc), a part of the broader engineering sector. Incorporated on 14 August 1991, the company has been in operation for over 35 years.
Registered with ROC Pune under CIN U29246MH1991PLC062959.
Capital: an authorised share capital of ₹10 Cr and a paid-up capital of ₹4.5 Cr. It is led by directors including Sandeep Prabhakar Deshpande and Rajesh Channakeshaviah Bukinkere.
Last AGM: 21 July 2025. Financial statements filed for year ended 31 March 2025. Office: Thermax House 14 Mumbai – Pune Road Wakdewadi, Maharashtra, India – 411003.
As per the financials filed for FY 2025, the company reported a revenue of ₹57.53 Lakh, a decline of 57% compared to the previous year.
It operates as a subsidiary of Thermax Limited..
As per MCA filings, the company has satisfied charges of ₹8 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website thermaxglobal.com.
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Email*****@*****.com
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Telephone+91-****-******
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Website
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Registered AddressThermax House 14 Mumbai – Pune Road Wakdewadi, Maharashtra, India – 411003
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IndustryEngineering, Procurement & Construction (EPC), Engineering
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Business Activity of Thermax Engineering Construction Company Limited
Thermax Engineering Construction Company Limited is engaged in the principal business activity of construction, with detailed activities including demolition & site preparation, electrical, plumbing & other specialized construction activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities | ********* |
Auditor Details of Thermax Engineering Construction Company Limited
Thermax Engineering Construction Company Limited is audited by B. K. Khare & Co for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B. K. Khare & Co | blur-value | blur-value | blur-value |
Board of Directors of Thermax Engineering Construction Company Limited
Thermax Engineering Construction Company Limited is currently managed by 4 directors, with 20 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Sandeep Prabhakar Deshpande
Also directs:
Thermax Chemical Solutions Private Limited, Thermax Instrumentation Limited, Buildtech Products India Private Limited and 2 more
|
Director | 20 Mar 2025 | 1 Years 3 Months | Current |
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Rajesh Channakeshaviah Bukinkere
Also directs:
Thermax Babcock & Wilcox Energy Solutions Limited
|
Director | 01 Feb 2024 | 2 Years 5 Months | Current |
| Pravin Damodar Karve | Director | 16 Oct 2013 | 12 Years 8 Months | Current |
| Niranjan Manohar Pawgi | Additional Director | 29 Jul 2025 | 0 Years 11 Months | Current |
Financials of Thermax Engineering Construction Company Limited FY 2025 filings available
Thermax Engineering Construction Company Limited reported revenue of ₹57.53 Lakh (down 57% YoY) for FY 2025. Profit growth despite declining revenue indicates effective cost management and margin discipline.
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Consolidated Statements
Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.
Shareholding Pattern of Thermax Engineering Construction Company Limited
As of FY 2022, Thermax Engineering Construction Company Limited's shareholding pattern shows 100.00% by promoters. The promoters hold a majority stake, indicating strong promoter control.
| Year | 2025 |
|---|---|
| Promoters | 33.19% |
| DII | 23.22% |
| FII | 18.28% |
| Public | 22.89% |
| Others | 2.42% |
Charges & Borrowings of Thermax Engineering Construction Company Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Jul 2011 | Union Bank of India Limited | ₹7 Cr | Satisfied |
| 13 Apr 1999 | Oriental Bank of Commerce | ₹1 Cr | Satisfied |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Thermax Engineering Construction Company Limited
View historical data on people associated with Thermax Engineering Construction Company Limited, including employment history and EPFO contributions.
Employee Count & EPFO Data of Thermax Engineering Construction Company Limited
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GST Compliance of Thermax Engineering Construction Company Limited
GSTIN & GST Filing Data of Thermax Engineering Construction Company Limited
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Credit Ratings, Litigation & Regulatory Alerts for Thermax Engineering Construction Company Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Thermax Engineering Construction Company Limited
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MSME Payment Delays by Thermax Engineering Construction Company Limited
MSME Payment Delays by Thermax Engineering Construction Company Limited
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Subsidiaries & Group Companies of Thermax Engineering Construction Company Limited
Subsidiaries & Group Companies of Thermax Engineering Construction Company Limited
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MCA Filings & Documents of Thermax Engineering Construction Company Limited
MCA Filings & Documents of Thermax Engineering Construction Company Limited
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Recent Activity on Thermax Engineering Construction Company Limited
Recent News on Thermax Engineering Construction Company Limited
Frequently Asked Questions about Thermax Engineering Construction Company Limited
Thermax Engineering Construction Company Limited is an active public limited company in the engineering sector based in Pune, Maharashtra, India. It was incorporated on 14 August 1991 (35+ years old) and is registered under CIN U29246MH1991PLC062959.
Thermax Engineering Construction Company Limited reported revenue of ₹57.53 Lakh for FY 2025 (down 57.00% YoY).
The current directors of Thermax Engineering Construction Company Limited are:
The primary industry of Thermax Engineering Construction Company Limited is engineering. The company specifically operates in procurement and construction (epc). The company is currently active in this sector.
Thermax Engineering Construction Company Limited can be reached at the registered office: Thermax House 14 Mumbai – Pune Road Wakdewadi, Maharashtra, India – 411003, or through the website thermaxglobal.com.
The authorised capital is ₹10 Cr, and the paid-up capital is ₹4.5 Cr.