Thermax Foundation - Company Profile

Q: Who are the current directors of Thermax Foundation?

The current directors of Thermax Foundation are Meher Pheroz Pudumjee, Arnavaz Rohinton Aga, Ashish Bhandari, Joseph Cubas, Jasmeet Singh Bhatia.

It is a environment private not for profit company based in Pune, Maharashtra, India, established in 2007.

2007 Pune, Maharashtra, India Active

Last Updated: February 04, 2026

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About Thermax Foundation

Thermax Foundation, a active private not for profit company, was established on 26 March 2007 in Pune, Maharashtra, India. Engaging in water treatment within the environment sector, it holds CIN: U80102PN2007NPL129858. Registered under ROC Roc Pune. it is unlisted.

Formerly known as Thermax Social Initiative Foundation. It upholds a compliant status. Employing 2 professional, Its leadership includes Meher Pheroz Pudumjee (Director), Arnavaz Rohinton Aga (Director), Ashish Bhandari (Director). Past directors included Unnikrishnan Mangalath Sukumarapanicker, Sudhir Vishnu Sohoni, Ashish Bhandari. Its latest AGM occurred on 21 July 2025, with the balance sheet filed on 31 March 2025. It is based at Thermax House, 14, Mumbai Pune Road, Wakdewadi,, Pune, Maharashtra, 411003.

Company Details

CIN/LLPIN
U80102PN2007NPL129858
Registration Number
129858
Incorporation Date
26 March 2007
ROC Code
Roc Pune
Listing Status
Unlisted
Company Status
Active

Key Metrics

Company Age 18 Year, 10 Months
Last Filing with ROC 31 Mar 2025
Revenue Growth **** -11.27% (FY 2023)
Profit Growth **** -2691.94% (FY 2023)
Ebitda **** -4.25% (FY 2023)
Net Worth -7.15% (FY 2023)
Total Assets -7.01% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Thermax Foundation — 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 Foundation?

Current Directors

Name	Designation	Appointment Date	Status
Meher Pheroz Pudumjee	Director	26 Mar 2007	Current
Arnavaz Rohinton Aga	Director	26 Mar 2007	Current
Ashish Bhandari	Director	10 Jun 2021	Current
Joseph Cubas	Director	09 Dec 2017	Current
Jasmeet Singh Bhatia	Director	28 Dec 2021	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	21 Sep 2020	Past
Pramod Abcsdd	Director	31 Mar 2010	Past
Pramod Abcsdd	Additional Director	28 Sep 2021	Past
Pramod Abcsdd	Additional Director	27 Sep 2018	Past
Pramod Abcsdd	Additional Director	27 Sep 2018	Past
Pramod Abcsdd	Director	22 May 2017	Past

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Financial Performance of Thermax Foundation.

Thermax Foundation, for the financial year ended 2023, experienced significant reduction in revenue, with a 11.27% decrease. The company also saw a substantial fall in profitability, with a 2691.94% decrease in profit. The company's net worth dipped by a decrease of 7.15%.

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

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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

********

-11.27%

*******

Revenue from Operations

*******

Total Assets

*******

-7.01%

*******

Profit or Loss

*******

-2691.94%

*******

Net Worth

*******

-7.15%

*******

EBITDA

*******

-4.25%

*******

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What is the Ownership and Shareholding Structure of Thermax Foundation?

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Shareholding Pattern (FY 2024)

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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How Many Employees Work at Thermax Foundation?

Thermax Foundation has a workforce of 2 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Thermax Foundation, 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 Foundation's trajectory.

Rating

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Alerts

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Latest Updates, News, and FAQs on Thermax Foundation

Recent Activity within the Organization

Annual General Meeting

Progress on Thermax Foundation last Annual general meeting of members was held on 21 Jul 2025 as per latest MCA records. was documented.
21 Jul 2025
Balance Sheet

Thermax Foundation has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune. was recorded as a recent event.
31 Mar 2025
Director Appointment

The activity Jasmeet Singh Bhatia was appointed as a Director was appointed as a Director on 28 Dec 2021 & has been associated with this company since 4 years 1 month . was completed.
28 Dec 2021
Director Appointment

The activity Ashish Bhandari was appointed as a Director was appointed as a Director on 10 Jun 2021 & has been associated with this company since 4 years 8 months . was completed.
10 Jun 2021
Director Appointment

Joseph Cubas was appointed as a Director was appointed as a Director on 09 Dec 2017 & has been associated with this company since 8 years 2 months . was recorded as a recent event.
09 Dec 2017
Director Appointment

The activity Meher Pheroz Pudumjee was appointed as a Director was appointed as a Director on 26 Mar 2007 & has been associated with this company since 18 years 10 months . was completed.
26 Mar 2007

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