Thermax Limited. Company Logo

Thermax Limited. - Company Profile

It is a machinery and equipment public limited company based in Pune, Maharashtra, India, established in 1980.

1980 | Pune, Maharashtra, India | Active
Last Updated:

About Thermax Limited.

Thermax Limited., a active public limited company, was established on 30 June 1980 in Pune, Maharashtra, India. Engaging in industrial machinery manufacturing within the manufacturing sector, it holds CIN: L29299PN1980PLC022787. Registered under ROC Roc Pune. it is listed on BSE: 500411 and NSE: THERMAX. It has an authorized capital of ₹75.00 Cr and a paid-up capital of ₹23.83 Cr.

Formerly known as Thermo - Dynamics Private Limited. It upholds a compliant status. In 2024, it reported revenue of ₹6,015.42 Cr and a net worth of ₹3,536.70 Cr. Employing 5,828 professional, Its leadership includes Meher Pheroz Pudumjee (Director), Pheroz Pudumjee Naswanjee (Director), Ravi Shankar Gopinath (Director). Past directors included Arnavaz Rohinton Aga, Prakash Manohar Kulkarni, Ravi Shankar Gopinath. It holds ₹2,370.00 Cr open charges and ₹2,805.44 Cr settled loans. Its latest AGM occurred on 31 July 2025, with the balance sheet filed on 31 March 2025. It is based at D-13 Midc Ind Arear D Aga Road Chinchwad, Pune, Maharashtra, 411019.

Company Details

  • CIN/LLPIN

    L29299PN1980PLC022787

  • Registration Number

    022787

  • Incorporation Date

    30 June 1980

  • Authorized Capital

    ₹75.00 Cr

  • Paid-Up Capital

    ₹23.83 Cr

  • ROC Code

    Roc Pune

  • Listing Status

    Listed (BSE: 500411, NSE: THERMAX)

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 75.00 Cr
  • Paid Up Capital ₹ 23.83 Cr
  • Company Age 45 Year, 5 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 2,370.00 Cr
  • Satisfied Charges ₹ 2,805.44 Cr
  • Revenue Growth 13.98%
  • Profit Growth 32.86%
  • Ebitda 26.37%
  • Net Worth 9.91%
  • Total Assets 9.69%
Company report

Thermax Limited.

Company Report FY 2025-2026

Explore comprehensive insights into Thermax 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 Limited.?

Current Directors

NameDesignationAppointment DateStatus
Meher Pheroz PudumjeeDirector15 Jan 2001Current
Pheroz Pudumjee NaswanjeeDirector15 Jan 2001Current
Ravi Shankar GopinathDirector10 Nov 2021Current
Shyamak Ramyar TataDirector17 Oct 2023Current
Shashishekhar Pandit BalkrishnaDirector30 May 2017Current
Rajani KesariDirector14 Nov 2018Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector08 Aug 2018Past
Pramod AbcsddManaging Director30 Jun 2007Past
Pramod AbcsddAdditional Director02 Aug 2022Past
Pramod AbcsddAdditional Director05 Jan 2024Past
Pramod AbcsddAdditional Director08 Aug 2017Past
Pramod AbcsddDirector08 Aug 2018Past

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Financial Performance of Thermax.

Thermax Limited., for the financial year ended 2024, experienced significant growth in revenue, with a 13.98% increase. The company also saw a substantial improvement in profitability, with a 32.86% increase in profit. The company's net worth moved up by a moderate rise of 9.91%.

Thermax revenue growth over time
Thermax profit and loss trends over time
  • 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
13.98%
Revenue from Operations
13.24%
Total Assets
9.69%
Profit or Loss
32.86%
Net Worth
9.91%
EBITDA
26.37%

What is the Ownership and Shareholding Structure of Thermax?

In 2023, Thermax had a promoter holding of 61.99% and a public holding of 38.01%. The company had 18 Subsidiaries and 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹23,700,000,000.00

Satisfied Charges

₹28,054,386,280.00

Charges Breakdown by Lending Institutions

  • Others : 1470.00 Cr
  • Citi Bank N.A. : 450.00 Cr
  • Axis Bank Limited : 250.00 Cr
  • The Hongkong And Shanghai Banking Corporation Limited : 200.00 Cr

Latest Charge Details

DateLenderAmountStatus
11 Feb 2025Axis Bank Limited₹250.00 CrOpen
15 Nov 2021Others₹330.00 CrOpen
15 Jun 2021Others₹520.00 CrOpen
24 May 2021The Hongkong And Shanghai Banking Corporation Limited₹200.00 CrOpen
19 May 2021Others₹300.00 CrOpen

Explore comprehensive loan charge details -

How Many Employees Work at Thermax?

Thermax has a workforce of 5828 employees as of Apr 10, 2025. 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 growth trends for Thermax Limited.

Deals i

Graph showing company valuation over time

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

Latest Updates, News, and FAQs on Thermax

Recent Activity within the Organization

  • Annual General Meeting

    Progress on Thermax Limited. last Annual general meeting of members was held on 31 Jul 2025 as per latest MCA records. was documented.

  • Director Appointment

    Sangeet Kaur Hunjan was appointed as a Company Secretary was appointed as a Company Secretary on 04 Jul 2025 & has been associated with this company since 4 months 29 days . was recorded as a recent event.

  • Charges

    The activity A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 200.00 Cr registered on 24 May 2021 with Charge ID 100448894 was modified on 09 Jun 2025. was completed.

  • Charges

    Progress on A charge with Others of Rs. 320.00 Cr registered on 18 May 2021 with Charge ID 100445730 was modified on 02 Apr 2025. was documented.

  • Balance Sheet

    Progress on Thermax Limited. has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune. was documented.

  • Charges

    The activity A charge with Axis Bank Limited amounted to Rs. 250.00 Cr with Charge ID 101055544 was registered on 11 Feb 2025. was completed.

Recent News, Updates & Announcement

Frequently Asked Questions

  • What is the CIN of Thermax Limited.?

    The CIN of Thermax Limited. is L29299PN1980PLC022787.

  • Where is Thermax Limited. headquartered?

    Thermax Limited. is headquartered at D-13 Midc Ind Arear D Aga Road Chinchwad, Pune, Maharashtra, 411019.

  • When was Thermax Limited. incorporated?

    Thermax Limited. was incorporated on 30 June 1980.

  • Who are the current directors of Thermax Limited.?

    The current directors of Thermax Limited. are

  • What is the primary industry of Thermax Limited.?

    The primary industry of Thermax Limited. is Manufacturing.

  • Is Thermax Limited. a listed company?

    Thermax Limited. is listed. It is listed on BSE: 500411 and NSE: THERMAX.

  • What is the capital structure of Thermax Limited.?

    The authorized capital of Thermax Limited. is ₹75.00 Cr, and the paid-up capital is ₹23.83 Cr.

  • What is the compliance status of Thermax Limited.?

    The compliance status of Thermax Limited. is Compliant.

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