Thermax Vebro Polymers India Private Limited
About Thermax Vebro Polymers India Private Limited
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Thermax Vebro Polymers India Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the wood and of products of wood and cork segment of the wood and timber products sector. It was incorporated on 18 July 2024.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U20290PN2024PTC232807.
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹16.18 Cr. It is led by directors including Swapnil Vitthal Dhumane and Dinesh Satyanarayanji Mandhana.
Its last annual general meeting (AGM) was held on 23 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at S No. 14/D F P No. 32/33, Wakdewadi Mumbaipune Road, Maharashtra, India – 411003.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.77 Cr. For the same year it recorded a net loss of ₹4.76 Cr (net margin -269.4%) and EBITDA of -₹3.6 Cr (EBITDA margin -203.7%).
As per MCA filings, the company has open charges of ₹15 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
Company details
Contact details
Thermax Vebro Polymers India Private Limited's registered office is in Pune, Maharashtra.
- Registered AddressS No. 14/D F P No. 32/33, Wakdewadi Mumbaipune Road, Maharashtra, India – 411003
- IndustryWood, Wood And Of Products Of Wood And Cork, Manufacturing, Straw And Plaiting Materials, Products Of Wood, Cork
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Financials of Thermax Vebro Polymers India Private Limited
FY 2025 filings availableThermax Vebro Polymers India Private Limited reported revenue of ₹1.77 Cr for FY 2025.
Financial Statement Summary
| Metrics | FY 2024-25 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
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| Depreciation and Amortisation | |
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| Total Expenses | |
| EBITDA | -₹3.6 Cr |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | -₹4.76 Cr |
| Balance Sheet | |
| Share Capital | |
| Reserves and Surplus | |
| Net Worth (Total Equity) | |
| Long-term Borrowings | |
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| Trade Payables | |
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| Investments | |
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Financial Ratios
| Metrics | FY 2024-25 |
|---|---|
| Profitability | |
| EBITDA Margin | -203.7% |
| Net Profit Margin | -269.4% |
| Return on Equity (ROE) | |
| Return on Capital Employed (ROCE) | |
| Return on Assets (ROA) | |
| Liquidity and Debt | |
| Current Ratio | |
| Quick Ratio | |
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| Efficiency and Growth | |
| Asset Turnover | |
| Receivable Days | |
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| Revenue Growth | |
| Net Profit Growth | |
To see the full financial statements and ratios of Thermax Vebro Polymers India Private Limited, buy the company report.
Board of directors of Thermax Vebro Polymers India Private Limited
Thermax Vebro Polymers India has 7 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Swapnil Vitthal Dhumane | Director | 18 Jul 2024 | 2 Years 3 Months | Current |
| Dinesh Satyanarayanji Mandhana | Director | 18 Jul 2024 | 2 Years 3 Months | Current |
| Mark Reymond Verinder | Director | 07 Feb 2025 | 1 Years 9 Months | Current |
| Mark David Greaves | Additional Director | 07 Nov 2025 | 1 Years 0 Months | Current |
| Deepak Rasiklal Parikh Also directs: Kumar Organic Products Limited | Additional Director | 07 Nov 2025 | 1 Years 0 Months | Current |
| Kalkivayi Seshagiri Ravi Kumar | Additional Director | 07 Nov 2025 | 1 Years 0 Months | Current |
Peer comparison
Thermax Vebro Polymers India Private Limited is compared with the 10 companies closest to it by revenue in the Manufacturing industry (Construction Materials, Polymers), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Petra Assistive Devices Private Limited | ₹1.79 Cr (FY 2025) | 400.0% | Ponneri, Tamil Nadu, India | |||
| Suncabs Travels India Private Limited | ₹1.78 Cr (FY 2023) | -26.0% | Coimbatore, Tamil Nadu, India | |||
| Sri Shanthi Polymers Private Limited | ₹1.78 Cr (FY 2025) | -30.0% | Puducherry, India | |||
| Bismee Polymers Private Limited | ₹1.78 Cr (FY 2019) | -66.0% | Chennai, Tamil Nadu, India | |||
| Empire Stones Private Limited | ₹1.77 Cr (FY 2024) | -26.0% | Chennai, Tamil Nadu, India | |||
| Thermax Vebro Polymers India Private Limitedthis company | ₹1.77 Cr (FY 2025) | -₹4.76 Cr | -269.4% | Pune, Maharashtra, India | ||
| Lotus Engitech Private Limited | ₹1.76 Cr (FY 2016) | 14.0% | Jodhpur, Rajasthan, India | |||
| Noir and Blanc Polymers Private Limited | ₹1.76 Cr (FY 2025) | -60.0% | Hyderabad, Telangana, India | |||
| Icrave Business Solutions Private Limited | ₹1.76 Cr (FY 2024) | -30.0% | Chandigarh, India | |||
| Vian Polymers and Composites Private Limited | ₹1.75 Cr (FY 2025) | -36.0% | Hyderabad, Telangana, India | |||
| Concorde Tex Polymers Private Limited | ₹1.75 Cr (FY 2024) | -8.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Thermax Vebro Polymers India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Oct 2025 | 101183436 | Others | ₹15 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Thermax Vebro Polymers India Private Limited has 1 court case on record: 1 filed by Thermax Vebro Polymers India. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Appeal | Filed by the company against Tremco (CPG) India Private Limited | Disposed |
To see the full case history of Thermax Vebro Polymers India Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Thermax Vebro Polymers India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Thermax Vebro Polymers India Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Thermax Vebro Polymers India Private Limited has 12 board changes on record since 2024: 9 appointments and 3 cessations. The latest: Deepak Rasiklal Parikh was appointed as Additional Director on 07 Nov 2025.
4 earlier events are in the company report.
Frequently asked questions
Thermax Vebro Polymers India is an active private limited company based in Pune, Maharashtra, India. The company works in wood and of products of wood and cork, within the wood industry. It was incorporated on 18 July 2024 (2+ years old) and is registered under CIN U20290PN2024PTC232807.
Thermax Vebro Polymers India has 7 current directors:
- Swapnil Vitthal Dhumane - Director
- Dinesh Satyanarayanji Mandhana - Director
- Mark Reymond Verinder - Director
- Mark David Greaves - Additional Director
- Deepak Rasiklal Parikh - Additional Director
- Kalkivayi Seshagiri Ravi Kumar - Additional Director
- Sandip Bikash Mukherjee - Additional Director
The latest financial statements of Thermax Vebro Polymers India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 23 July 2025. Year-wise statements from FY 2025 are in the company report.
The CIN (Corporate Identification Number) of Thermax Vebro Polymers India is U20290PN2024PTC232807. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Thermax Vebro Polymers India has 1 court case on record: 1 filed by the company.
Thermax Vebro Polymers India was incorporated on 18 July 2024, making it 2+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Thermax Vebro Polymers India by revenue are Petra Assistive Devices Private Limited, Suncabs Travels India Private Limited, Sri Shanthi Polymers Private Limited, Bismee Polymers Private Limited, Empire Stones Private Limited and 5 more, all in the Manufacturing industry (Construction Materials, Polymers).
Deepak Rasiklal Parikh was appointed as Additional Director on 07 Nov 2025. Kalkivayi Seshagiri Ravi Kumar was appointed as Additional Director on 07 Nov 2025. Mark David Greaves was appointed as Additional Director on 07 Nov 2025. Thermax Vebro Polymers India has 12 board changes on record in total.
The registered office of Thermax Vebro Polymers India is at S No. 14D F P No. 3233, Wakdewadi Mumbaipune Road, Maharashtra, India – 411003.
Thermax Vebro Polymers India operates in the wood industry, in the wood and of products of wood and cork segment.
Thermax Vebro Polymers India has open charges of ₹15 Cr and no satisfied charges on record as per latest MCA filings.
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