MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2022-23)
- Udyam number
- UDYAM-TN-02-0076190
Thermline Systems Private Limited
Thermline Systems Private Limited - musical instruments in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹3.81 Cr
▼ 30% YoY
Net profit · FY 2024
₹9.28 Lakh
Net margin 2.4%
EBITDA · FY 2024
₹16.85 Lakh
EBITDA margin 4.4%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹83.76 Lakh
Secured borrowings
Company age
5 yrs
Est. 2021
Employees · EPFO
40
Provident fund records
About Thermline Systems Private Limited
Data last updated:
Thermline Systems Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the sports goods segment of the musical instruments sector. It was incorporated on 27 July 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U28999TN2021PTC145072.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Dhanalakshmi and Suresh Kumar Thangavelu.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No.63/642 Dr. Ramasamy Salai K Nagar, Chennai, Tamil Nadu, India – 600078.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.81 Cr, a decline of 30% compared to the previous year. For the same year it recorded a net profit of ₹9.28 Lakh (net margin 2.4%) and EBITDA of ₹16.85 Lakh (EBITDA margin 4.4%).
The company has about 40 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹83.76 Lakh on record.
Thermline Systems Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0076190).
Company details
CIN U28999TN2021PTC145072
Registration Number 145072
Incorporation Date 27 July 2021
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Micro
Udyam Registration UDYAM-TN-02-0076190
Recognitions & Rankings of Thermline Systems
Contact details
Thermline Systems Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo.63/642 Dr. Ramasamy Salai K Nagar, Chennai, Tamil Nadu, India – 600078
- IndustryMusical Instruments, Sports Goods, Jewellery, Musical Instrument, Manufacturing
To see the full contact details of Thermline Systems Private Limited, buy the company report.
Comprehensive company report
Thermline Systems Private Limited - one report that includes everything
- 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
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Secure checkout · GST invoice included
Business activity
The main business activity of Thermline Systems is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Thermline Systems Private Limited, buy the company report.
Financials of Thermline Systems Private Limited
FY 2025 filings availableThermline Systems Private Limited reported revenue of ₹3.81 Cr (down 30% YoY) for FY 2024.
Revenue · FY 2024
₹3.81 Cr ▼ 30%
Net profit · FY 2024
₹9.28 Lakh margin 2.4%
EBITDA · FY 2024
₹16.85 Lakh margin 4.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 30%
EBITDA CAGR growth
1 year
▼ 28%
Revenue fell 30% in the latest year. EBITDA fell 28% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹16.85 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹9.28 Lakh | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
| Total Liabilities | |||
| Fixed Assets | |||
| Investments | |||
| Inventories | |||
| Trade Receivables | |||
| Cash and Bank Balance | |||
| Total Assets | |||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 4.4% | ||
| Net Profit Margin | 2.4% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
| Debt-to-Equity Ratio | |||
| Interest Coverage Ratio | |||
| Efficiency and Growth | |||
| Asset Turnover | |||
| Receivable Days | |||
| Payable Days | |||
| Inventory Days | |||
| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Thermline Systems Private Limited, buy the company report.
Board of directors of Thermline Systems Private Limited
Thermline Systems has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dhanalakshmi | Director | 27 Jul 2021 | 5 Years 3 Months | Current |
| Suresh Kumar Thangavelu | Director | 27 Jul 2021 | 5 Years 3 Months | Current |
Auditor
Thermline Systems Private Limited is audited by SARAVANAN AND CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SARAVANAN AND CO | FY 2023 | 012247S |
Shareholding
The shareholding of Thermline Systems Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Thermline Systems Private Limited, buy the company report.
Charges & borrowings
Open charges
₹83.76 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Dec 2024 | 101024403 | Others | ₹8.76 Lakh | Open | |
| 20 Nov 2024 | 101029361 | Others | ₹75 Lakh | Open |
To see the full charge records of Thermline Systems Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Thermline Systems Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Thermline Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Thermline Systems Private Limited has a workforce of 40 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
40
Active EPFO establishments
1
Employee growth
53.85%
GST
No GST registration is on our record for Thermline Systems Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Thermline Systems Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Dhanalakshmi was appointed as Director on 27 Jul 2021.
Charges
A charge with Others of Rs. 75.00 Lakh registered on 20 Nov 2024 with Charge ID 101029361 was modified on 31 Oct 2025.
AGM
Thermline Systems Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Thermline Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Charges
A charge with Others amounted to Rs. 8.76 Lakh with Charge ID 101024403 was registered on 27 Dec 2024.
Charges
A charge with Others amounted to Rs. 75.00 Lakh with Charge ID 101029361 was registered on 20 Nov 2024.
Appointed
Dhanalakshmi was appointed as Director.
Appointed
Suresh Kumar Thangavelu was appointed as Director.
Incorporation
27 Jul 2021
Thermline Systems Private Limited was registered on 27 Jul 2021 with Roc Chennai & aged 5 years 3 months as per MCA records.
Frequently asked questions
Thermline Systems is an active private limited company based in Chennai, Tamil Nadu, India. The company works in sports goods, within the musical instruments industry. It was incorporated on 27 July 2021 (5+ years old) and is registered under CIN U28999TN2021PTC145072.
Thermline Systems has 2 current directors:
- Dhanalakshmi - Director
- Suresh Kumar Thangavelu - Director
The latest financial statements of Thermline Systems on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2022 are in the company report.
The CIN (Corporate Identification Number) of Thermline Systems is U28999TN2021PTC145072. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Thermline Systems was incorporated on 27 July 2021, making it 5+ years old. It is registered with the Registrar of Companies, Chennai.
Dhanalakshmi was appointed as Director on 27 Jul 2021. Suresh Kumar Thangavelu was appointed as Director on 27 Jul 2021.
Yes, Thermline Systems is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-02-0076190).
The registered office of Thermline Systems is at No.63642 Dr. Ramasamy Salai K Nagar, Chennai, Tamil Nadu, India – 600078.
Thermline Systems operates in the musical instruments industry, in the sports goods segment.
Thermline Systems has open charges of ₹83.76 Lakh and no satisfied charges on record as per latest MCA filings.
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