Thermo Cables Ltd.

Thermo Cables Ltd. - manufacturing in Hyderabad, Telangana, India. FY 2026 financials and compliance.
CIN U31300TG1990PLC011331 Incorporated 30 May 1990 ROC Hyderabad HQ Hyderabad, Telangana, India
Active Public Limited Company manufacturing
Data last updated
Revenue · FY 2025
₹861.34 Cr
▲ 20.00% YoY
EBITDA · FY 2025
*****
▲ 25.00% YoY
Net profit · FY 2025
*****
▲ 30.00% YoY
Authorised capital
₹22.5 Cr
Registered with MCA
Paid-up capital
₹19.25 Cr
Issued & subscribed
Open charges
₹215 Cr
Satisfied ₹177.16 Cr
Company age
36 yrs
Est. 1990
Employees · EPFO
382
Latest available

About Thermo Cables Ltd.

Data last updated: 24 December 2025

Thermo Cables Ltd. is a public limited company based in Hyderabad, Telangana, India. It specialises in power cables, a part of the broader manufacturing sector. Incorporated on 30 May 1990, the company has been in operation for over 36 years.

Registered with ROC Hyderabad under CIN U31300AP1990PLC011331.

Capital: an authorised share capital of ₹22.5 Cr and a paid-up capital of ₹19.25 Cr. Formerly known as Eswar Laminates Private Limited. It is led by directors including Uma Ghurka and Nidhi Ghurka.

Last AGM: 22 September 2025. Financial statements filed for year ended 31 March 2024. Office: 28 Nagarjuna Hills Punjagutta, Hyderabad, Telangana, India – 500082.

As per the financials filed for FY 2025, the company reported a revenue of ₹861.34 Cr, a growth of 20% compared to the previous year.

The company has a workforce of approximately 382 employees as per the latest available data.

The company is associated with 1 brand - Thermo Cables. As per MCA filings, the company has open charges of ₹215 Cr and satisfied charges of ₹177.16 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website thermocables.com.

Company Details of Thermo Cables Ltd.
CIN U31300TG1990PLC011331
Registration Number 011331
Incorporation Date 30 May 1990
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 22 September 2025
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
Key People
Ghurka Chetan Managing Director Uma Ghurka Director Nidhi Ghurka Director
Contact Details
  • Email
    **************
  • Telephone
    **************
  • Website
    **************
  • Social Media
    **************
  • Registered Address
    28 Nagarjuna Hills Punjagutta, Hyderabad, Telangana, India – 500082
  • Industry
    Manufacturing, Power Cables
Company report
Thermo Cables Ltd. - full intelligence report
  • Historical Financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Litigation, compliance and MCA filings
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Financials, compliance, directors, charges, ownership and filings for Thermo Cables Ltd. in one report.

10-year financials Directors & ownership Charges & compliance

CIN History of Thermo Cables Ltd.

Thermo Cables Ltd. has one previous CIN (Corporate Identification Number): U31300AP1990PLC011331. The current CIN is U31300TG1990PLC011331, which is the unique identifier assigned by the Registrar of Companies.

CIN Status
U31300TG1990PLC011331 Current
U31300AP1990PLC011331 Previous

Associated Brands with Thermo Cables Ltd.

Thermo Cables Ltd. operates one associated brand: Thermo Cables. These brands represent Thermo Cables Ltd.'s diversified market presence and brand portfolio.

Brand Description Website
Thermo Cables
Manufacturing of speciality cables for industries like railways and renewable energy. thermocables.com

Business Activity of Thermo Cables Ltd.

Thermo Cables Ltd. is engaged in the principal business activity of manufacturing, with detailed activities including electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
C Manufacturing C10 Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment *********

Board of Directors of Thermo Cables Ltd.

Thermo Cables Ltd. is currently managed by 8 directors, with 13 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Uma Ghurka
Also directs: Shree Cement Limited, Thermosystems Private Limited, Thermo Capital Private Limited and 1 more
Director 30 May 1990 36 Years 1 Months Current
Nidhi Ghurka
Also directs: Thermo Polymers Private Limited
Director 30 Aug 2024 1 Years 10 Months Current
Yashwanth Krishna Papagari
Also directs: Trusand Industries Llp, Shree Sai Gardens Pvt. Ltd., Turbo Cement Private Limited and 5 more
Director 17 Feb 2021 5 Years 4 Months Current
Anuj Bihani
Also directs: Alstrut India Private Limited, Electro Optics Private Limited, Impaqt Robotics Private Limited and 2 more
Director 01 Jan 2021 5 Years 6 Months Current
Ghurka Chetan
Also directs: Thermosystems Private Limited, Thermo Capital Private Limited, Thermopads Private Limited
Managing Director 19 Feb 2007 19 Years 4 Months Current
Medha Kabra Ghurka Director 01 Oct 2011 14 Years 9 Months Current
Showing 6 of 8 current directors. View all directors

Financials of Thermo Cables Ltd. FY 2024 filings available

Thermo Cables Ltd. reported revenue of ₹861.34 Cr (up 20% YoY) for FY 2025. Profit growth despite declining revenue indicates effective cost management and margin discipline.

Revenue
₹861.34 Cr ▲ 20%
Profit
***** ▲ 30%
EBITDA
***** ▲ 25%
Metrics
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Revenue
Revenue from Operations
*****
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Revenue Growth %
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Other Income
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Total Revenue
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Expenses
Total Expenses
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Raw Material Cost
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Change in Inventory FG
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Change in Inventory WIP
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Purchase of Traded Goods
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Employee Cost
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Managerial Remuneration
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Audit Fees
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Insurance
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Power & Fuel
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Interest
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Depreciation
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Other Expenses
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Profitability
EBITDA (Operating Profit)
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Operating Margin %
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Exceptional Items
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Extraordinary Items
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Profit Before Exceptional & Extraordinary Items
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Profit Before Tax
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Tax & Net Profit
Tax Expense
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Current Tax
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Deferred Tax
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Profit from Discontinued Operations
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Tax on Discontinued Operations
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Profit
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Net Margin %
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Metrics
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Shareholders' Funds
Total Shareholders' Funds
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Equity Capital
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Reserves & Surplus
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Money Against Warrants
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Other Equity
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Non-Current Liabilities
Total Non-Current Liabilities
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Long-Term Borrowings
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Deferred Tax Liabilities
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Other Non-Current Liabilities
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Long-Term Provisions
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Current Liabilities
Total Current Liabilities
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Short-Term Borrowings
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Trade Payables
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Other Current Liabilities
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Short-Term Provisions
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Total Equity & Liabilities
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Non-Current Assets
Non-Current Assets
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Tangible Assets
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Intangible Assets
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Capital WIP
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Intangibles Under Dev
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Investments
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Deferred Tax Assets
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LT Loans & Advances
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Other Non-Current Assets
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Current Assets
Current Assets
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Current Investments
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Inventories
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Trade Receivables
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Cash & Bank Balance
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ST Loans & Advances
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Other Current Assets
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Total Assets
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Metrics
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Cash from Operating Activities (CFO)
Profit Before Tax
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Non-Cash Adjustments
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+ Interest Expense
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+ Depreciation
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+/- Unrealized Forex
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- Dividend Income
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- Interest Income
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+/- Other Non-Cash Items
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Changes in Working Capital
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+/- Inventory
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+/- Debtors
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+/- Creditors
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Reconciliation Adjustments
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Cash Generated from Operations
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Income Taxes Paid
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Net CFO (Cash from Operations)
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Cash from Investing Activities (CFI)
Acquisitions & Disposals
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Disposal of Subsidiaries
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Acquisition of Subsidiaries
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Capex
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Purchase of Fixed Assets
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Sale of Fixed Assets
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Other Investing Cash Flows
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Net CFI (Cash from Investing)
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Cash from Financing Activities (CFF)
Equity Issuance
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Debt Raised
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Debt Repaid
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Dividends Paid
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Interest Paid
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Net CFF (Cash from Financing)
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Net Cash Position
Net Change in Cash (Pre-Forex)
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Closing Cash & Equivalents
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Metrics
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Liquidity
Current Ratio
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Quick Ratio
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Cash Ratio
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Efficiency
Inventory Days
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Debtor Days
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Creditor Days
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Cash Conversion Cycle
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Asset Turnover
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Profitability
Net Profit Margin %
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Operating Margin %
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ROE %
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ROCE %
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Net Worth Margin %
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Growth
Revenue Growth %
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Leverage
Equity Multiplier
*****
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Debt / EBITDA
*****
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Solvency
D/E Ratio
*****
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ICR
*****
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Consolidated Statements

Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.

Unlock Complete Financial History (FY 2015 – Latest)
Standalone & Consolidated - Income Statement, Balance Sheet, Cash Flow, Financial Ratios and Growth Trends with 10+ years of line-item data.
10+ years of data Line-item breakdown Balance Sheet detail Cash Flow analysis 20+ ratios & metrics Downloadable PDF

Charges & Borrowings of Thermo Cables Ltd.

Open charges
₹215 Cr
Satisfied charges
₹177.16 Cr
Breakdown by lending institutions
Citi Bank N.A.₹120.00 Cr
Hdfc Bank Limited₹95.00 Cr
Latest charge details
DateLenderAmountStatus
01 Jul 2020 Hdfc Bank Limited ₹95 Cr Open
24 Apr 2014 Citi Bank N.A. ₹120 Cr Open
07 Sep 2012 State Bank of India ₹87.16 Cr Satisfied
18 Nov 2005 State Bank of India ₹90 Cr Satisfied

Total charge records: 4 View all charges

Employees and EPFO Compliance at Thermo Cables Ltd.

View historical data on people associated with Thermo Cables Ltd., including employment history and EPFO contributions.

2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Employee Count & EPFO Data of Thermo Cables Ltd.

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Monthly employee headcount & PF contributions
EPFO establishment details & ECR filing status
Year-wise workforce analytics & attrition trends
PF exemption, coverage & compliance verification

GST Compliance of Thermo Cables Ltd.

XX%
Compliant
GSTR-1
GSTR-3B
GSTR-9
MH
KA
UP
TN
TS

GSTIN & GST Filing Data of Thermo Cables Ltd.

Access GSTIN registrations, state-wise filing compliance, HSN/SAC codes, and detailed goods & services data.

GSTIN registrations & state-wise presence
Filing compliance - GSTR-1, GSTR-3B, GSTR-9
HSN/SAC codes with goods & services details
Taxpayer type, jurisdiction & business constitution

Credit Ratings, Litigation & Regulatory Alerts for Thermo Cables Ltd.

Credit rating
AAA
AA+
AA
AA-
! !
2015 2017 2019 2021 2023
Litigation
District Court 35
High Court 45
Supreme Court 0
NCLT / NCLAT 0
Pending
Disposed
Regulatory alerts
GSTIN Cancelled
Andhra Pradesh
GSTIN Cancelled
Telangana (on application)
EPFO Delay
12 months delay - Haryana
Violations via Directors
20 MCA + 19 Bank defaults

Credit Ratings, Legal Cases & Regulatory Alerts of Thermo Cables Ltd.

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Credit rating history across CARE, ICRA, Brickwork & India Ratings
Instrument-wise ratings, outlook & action timeline
Court-wise litigation (District, High Court, Supreme Court, NCLT)
Group company & common directorship litigation
Statutory compliance alerts (GSTIN, EPFO, ROC)
Director & company violations (MCA, SEBI, Banks, BSE/NSE)

MSME Payment Delays by Thermo Cables Ltd.

MSME Payment Delays by Thermo Cables Ltd.

Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.

Amounts outstanding to MSME suppliers
Delay periods & reasons for delayed payments
Half-yearly MSME-1 filing history
Vendor-payment behaviour as a counterparty risk signal

Subsidiaries & Group Companies of Thermo Cables Ltd.

Subsidiaries & Group Companies of Thermo Cables Ltd.

See the full corporate group - holding company, subsidiaries, associates and joint ventures of Thermo Cables Ltd. with ownership details.

Holding & parent company details
Subsidiaries & step-down subsidiaries with % holding
Associates & joint ventures with partner details
Investments in other entities year-on-year

MCA Filings & Documents of Thermo Cables Ltd.

MCA Filings & Documents of Thermo Cables Ltd.

Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.

Incorporation documents, MoA & AoA
Annual returns (MGT-7) & financial statements (AOC-4)
Charge filings (CHG-1, CHG-4) & resolutions
Complete document index with filing dates

Recent Activity on Thermo Cables Ltd.

Activity
22 Sep 2025
Thermo Cables Ltd. last Annual general meeting of members was held on 22 Sep 2025 as per latest MCA records.
Charges
10 Jun 2025
A charge with Hdfc Bank Limited of Rs. 95.00 Cr registered on 01 Jul 2020 with Charge ID 100353712 was modified on 10 Jun 2025.
Charges
25 Mar 2025
A charge with Citi Bank N.A. of Rs. 120.00 Cr registered on 24 Apr 2014 with Charge ID 10491427 was modified on 25 Mar 2025.
Directors
30 Aug 2024
Nidhi Ghurka was appointed as a Director on 30 Aug 2024 & has been associated with this company since 1 year 10 months.
Directors
31 May 2024
Ram Baburao Waghamode was appointed as a Company Secretary on 31 May 2024 & has been associated with this company since 2 years 1 month.
Activity
31 Mar 2024
Thermo Cables Ltd. has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.

Frequently Asked Questions about Thermo Cables Ltd.

Thermo Cables Ltd. is an active public limited company in the manufacturing sector based in Hyderabad, Telangana, India. It was incorporated on 30 May 1990 (36+ years old) and is registered under CIN U31300TG1990PLC011331. The company has 382 employees.

Thermo Cables Ltd. reported revenue of ₹861.34 Cr for FY 2025 (up 20.00% YoY).

The current directors of Thermo Cables Ltd. are:

The primary industry of Thermo Cables Ltd. is manufacturing. The company specifically operates in power cables. The company is currently active in this sector.

Thermo Cables Ltd. can be reached at the registered office: 28 Nagarjuna Hills Punjagutta, Hyderabad, Telangana, India – 500082, or through the website thermocables.com.

The authorised capital is ₹22.5 Cr, and the paid-up capital is ₹19.25 Cr.

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