Thermax Sustainable Energy Solutions Limited - Company Profile

It is a machinery and equipment public limited company based in Pune, Maharashtra, India, established in 1987.

1987 Pune, Maharashtra, India Dissolved Under Section 59(8)

Last Updated: July 27, 2025

About Thermax Sustainable Energy Solutions Limited

Thermax Sustainable Energy Solutions Limited, a dissolved under section 59(8) public limited company, was established on 23 December 1987 in Pune, Maharashtra, India. Engaging in industrial machinery manufacturing within the machinery and equipment sector, it holds CIN: U29219PN1987PLC045658. Registered under ROC Roc Pune. it is unlisted. It has an authorized capital of ₹8.75 Cr and a paid-up capital of ₹4.75 Cr.

It upholds a compliant status. Employing 1 professional, Its leadership includes Mahadeo Mahaling Burande (Director), Bhavesh Ratilal Chheda (Director), Kedar Purushottam Phadke (Director). Past directors included Meher Pheroz Pudumjee, Arnavaz Rohinton Aga, Prakash Manohar Kulkarni. Its latest AGM occurred on 26 August 2020, with the balance sheet filed on 31 March 2020. It is based at Thermax House 14, Mumbai-Pune Road, Wakdewadi, Pune, Maharashtra, 411003.

Company Details

CIN/LLPIN
U29219PN1987PLC045658
Registration Number
045658
Incorporation Date
23 December 1987
Authorized Capital
₹8.75 Cr
Paid-Up Capital
₹4.75 Cr
ROC Code
Roc Pune
Listing Status
Unlisted
Company Status
Dissolved Under Section 59(8)

Key Metrics

Authorised Capital ₹ 8.75 Cr as on 27-07-2025
Paid Up Capital ₹ 4.75 Cr as on 27-07-2025
Company Age 38 Year, 2 Months
Last Filing with ROC 31 Mar 2020
Revenue Growth **** 12.26% (FY 2019)
Profit Growth **** 282.74% (FY 2019)
Ebitda **** 17.06% (FY 2019)
Net Worth 1.93% (FY 2019)
Total Assets **** 1.89% (FY 2019)

Comprehensive Company Insights

Explore comprehensive insights into Thermax Sustainable 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.

Access Report

Who are the key members and board of directors at Thermax Sustainable Energy Solutions Limited?

Current Directors

Name	Designation	Appointment Date	Status
Mahadeo Mahaling Burande	Director	16 Sep 2019	Current
Bhavesh Ratilal Chheda	Director	16 Sep 2019	Current
Kedar Purushottam Phadke	Director	16 Sep 2019	Current
Apoorva Jain	Company Secretary	30 Apr 2019	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	25 Jan 2010	Past
Pramod Abcsdd	Director	25 Jan 2010	Past
Pramod Abcsdd	Director	30 Jun 2007	Past
Pramod Abcsdd	Company Secretary	07 Feb 2014	Past
Pramod Abcsdd	Company Secretary	02 Apr 2019	Past
Pramod Abcsdd	Director	13 Jul 2007	Past

Discover detailed profiles of directors and KMP - Unlock leadership insights today!

Financial Performance of Thermax Sustainable Energy Solutions.

Thermax Sustainable Energy Solutions Limited, for the financial year ended 2019, experienced significant growth in revenue, with a 12.26% increase. The company also saw a substantial improvement in profitability, with a 282.74% increase in profit. The company's net worth moved up by a moderate rise of 1.93%.

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

Upgrade Required

Full access to Financial is available only for users with an active Premium plan.

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

********

12.26%

*******

Revenue from Operations

*******

Total Assets

*******

1.89%

*******

Profit or Loss

*******

282.74%

*******

Net Worth

*******

1.93%

*******

EBITDA

*******

17.06%

*******

Discover detailed financial data and - Unlock financial today!

What is the Ownership and Shareholding Structure of Thermax Sustainable Energy Solutions?

In 2019, Thermax Sustainable 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)

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

Upgrade Required

Full access to Ownership and Shareholding Structure is available only for users with an active Premium plan.

Reveal ownership structures and financial performance - Get instant access now!

How Many Employees Work at Thermax Sustainable Energy Solutions?

Thermax Sustainable Energy Solutions has a workforce of 1 employees as of Apr 03, 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

Upgrade Required

Full access to People is available only for users with an active Premium plan.

Deals i

Gain comprehensive insights into the Deals and Valuation data of Thermax Sustainable 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 Sustainable Energy Solutions's trajectory.

Rating

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

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.

Explore deal ratings and alerts - Get instant access now!

Latest Updates, News, and FAQs on Thermax Sustainable Energy Solutions

Recent Activity within the Organization

Annual General Meeting

The activity Thermax Sustainable Energy Solutions Limited last Annual general meeting of members was held on 26 Aug 2020 as per latest MCA records. was completed.
26 Aug 2020
Balance Sheet

Progress on Thermax Sustainable Energy Solutions Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Pune. was documented.
31 Mar 2020
Director Appointment

Progress on Mahadeo Mahaling Burande was appointed as a Director was appointed as a Director on 16 Sep 2019 & has been associated with this company since 6 years 5 months . was documented.
16 Sep 2019
Director Appointment

Progress on Bhavesh Ratilal Chheda was appointed as a Director was appointed as a Director on 16 Sep 2019 & has been associated with this company since 6 years 5 months . was documented.
16 Sep 2019
Director Appointment

Progress on Kedar Purushottam Phadke was appointed as a Director was appointed as a Director on 16 Sep 2019 & has been associated with this company since 6 years 5 months . was documented.
16 Sep 2019
Director Appointment

Progress on Apoorva Jain was appointed as a Company Secretary was appointed as a Company Secretary on 30 Apr 2019 & has been associated with this company since 6 years 10 months . was documented.
30 Apr 2019

Explore recent activity and updates - View Recent Activity