Thermax Instrumentation Limited - Company Profile

It is a infrastructure and utilities private limited company based in Pune, Maharashtra, India, established in 1996.

1996 Pune, Maharashtra, India Active

Last Updated: January 05, 2026

About Thermax Instrumentation Limited

Thermax Instrumentation Limited, a active private limited company, was established on 23 April 1996 in Pune, Maharashtra, India. Engaging in power infrastructure & energy projects within the construction sector, it holds CIN: U72200MH1996PTC099050. Registered under ROC Roc Pune. it is unlisted. It has an authorized capital of ₹26.00 Cr and a paid-up capital of ₹26.00 Cr.

Formerly known as Thermax Fuji Electric Limited, Thermax Fuji Electric Private Limited. It upholds a compliant status. Its leadership includes Kirtiraj Rajendra Jilkar (Director), Sandeep Prabhakar Deshpande (Director), Sandeep Khemraj Raut (Additional Director). Past directors included Meher Pheroz Pudumjee, Arnavaz Rohinton Aga, Prakash Manohar Kulkarni. It holds ₹10.00 Cr open charges and ₹30.00 Cr settled loans. 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
U72200MH1996PTC099050
Registration Number
099050
Incorporation Date
23 April 1996
Authorized Capital
₹26.00 Cr
Paid-Up Capital
₹26.00 Cr
ROC Code
Roc Pune
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 26.00 Cr as on 05-01-2026
Paid Up Capital ₹ 26.00 Cr as on 05-01-2026
Company Age 29 Year, 9 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 10.00 Cr as on 05-01-2026
Satisfied Charges ₹ 30.00 Cr as on 05-01-2026
Revenue Growth **** -4.77% (FY 2023)
Profit Growth **** -6.02% (FY 2023)
Ebitda **** -14.99% (FY 2023)
Net Worth 19.63% (FY 2023)
Total Assets -3.93% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Thermax Instrumentation 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 Instrumentation Limited?

Current Directors

Name	Designation	Appointment Date	Status
Kirtiraj Rajendra Jilkar	Director	28 Jul 2022	Current
Sandeep Prabhakar Deshpande	Director	18 Apr 2024	Current
Sandeep Khemraj Raut	Additional Director	06 Nov 2025	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	13 Jul 2007	Past
Pramod Abcsdd	Director	13 Jul 2007	Past
Pramod Abcsdd	Director	30 Jun 2007	Past
Pramod Abcsdd	Chief Financial Officer	-	Past
Pramod Abcsdd	Additional Director	31 Mar 2015	Past
Pramod Abcsdd	Cfo(Kmp)	-	Past

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Financial Performance of Thermax Instrumentation.

Thermax Instrumentation Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 4.77% decrease. The company also saw a slight decrease in profitability, with a 6.02% decrease in profit. The company's net worth Soared by an impressive increase of 19.63%.

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

********

-4.77%

*******

Revenue from Operations

*******

-4.71%

*******

Total Assets

*******

-3.93%

*******

Profit or Loss

*******

-6.02%

*******

Net Worth

*******

19.63%

*******

EBITDA

*******

-14.99%

*******

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What is the Ownership and Shareholding Structure of Thermax Instrumentation?

In 2023, Thermax Instrumentation 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)

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

₹100,000,000.00

Satisfied Charges

₹300,000,000.00

Charges Breakdown by Lending Institutions

Others : 10.00 Cr

Latest Charge Details

Date	Lender	Amount	Status
17 Dec 2024	Others	₹10.00 Cr	Open
29 May 2013	Hdfc Bank	₹30.00 Cr	Satisfied

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How Many Employees Work at Thermax Instrumentation?

Unlock and access historical data on people associated with Thermax Instrumentation, 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

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Deals i

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

Rating

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Alerts

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Latest Updates, News, and FAQs on Thermax Instrumentation

Recent Activity within the Organization

Charges

A charge with Others of Rs. 10.00 Cr registered on 17 Dec 2024 with Charge ID 101023068 was modified on 25 Nov 2025. was recorded as a recent event.
25 Nov 2025
Director Appointment

Progress on Sandeep Khemraj Raut was appointed as a Additional Director was appointed as a Additional Director on 06 Nov 2025 & has been associated with this company since 3 months 7 days . was documented.
06 Nov 2025
Annual General Meeting

The activity Thermax Instrumentation Limited last Annual general meeting of members was held on 21 Jul 2025 as per latest MCA records. was completed.
21 Jul 2025
Charges

The activity A charge registered on 29 May 2013 via Charge ID 10430650 with Hdfc Bank was fully satisfied on 24 Apr 2025. was completed.
24 Apr 2025
Balance Sheet

Thermax Instrumentation Limited 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
Charges

A charge with Others amounted to Rs. 10.00 Cr with Charge ID 101023068 was registered on 17 Dec 2024. was recorded as a recent event.
17 Dec 2024

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