Thermo Hvac India Private Limited

Thermo Hvac India Private Limited - consumer electronics & durables in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U74999KA2017PTC106675 Incorporated 25 September 2017 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company consumer electronics and durables
Revenue · FY 2024
₹4.84 Cr
▲ 25% YoY
Net profit · FY 2024
₹6.79 Lakh
Net margin 1.4%
EBITDA · FY 2024
₹10.07 Lakh
EBITDA margin 2.1%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹50 Lakh
Secured borrowings
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings

About Thermo Hvac India Private Limited

Data last updated:

Thermo Hvac India Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 25 September 2017 and has been in existence for over 9 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2017PTC106675. Its GSTIN is 29AAGCT4438E1Z7 (Karnataka).

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ezhuthani Vilas Babu Anjali and Shinto Basker.

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 Bangalore, Karnataka.

As per the financials filed for FY 2024, the company reported a revenue of ₹4.84 Cr, a growth of 25% compared to the previous year. For the same year it recorded a net profit of ₹6.79 Lakh (net margin 1.4%) and EBITDA of ₹10.07 Lakh (EBITDA margin 2.1%). Revenue has grown at a compounded annual rate (CAGR) of 56% over three years and 20% over five years.

The company is associated with 1 brand: Thermo Hvac India Pvt Ltd. As per MCA filings, the company has open charges of ₹50 Lakh 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 thermohvac.in.

Company details

CIN U74999KA2017PTC106675
Registration Number 106675
Incorporation Date 25 September 2017
ROC Bangalore
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant

Contact details

Thermo Hvac India Private Limited's registered office is in Bangalore, Karnataka. Its website is thermohvac.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    #190/12 Jakkasandra Aghara, Ground Floor 1st Main Road 1st Block, Bangalore, Karnataka, India – 560034
  • Industry
    Consumer Electronics & Durables, Electronic Appliances Retail & Distribution

To see the full contact details of Thermo Hvac India Private Limited, buy the company report.

Comprehensive company report
Thermo Hvac India 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Thermo Hvac India operates one associated brand: Thermo Hvac India Pvt Ltd. Each brand links to its own profile.

BrandDescriptionWebsite
Air conditioning products and accessories are supplied in Bangalore.thermohvac.in

Financials of Thermo Hvac India Private Limited

FY 2025 filings available

Thermo Hvac India Private Limited reported revenue of ₹4.84 Cr (up 25% YoY) for FY 2024.

Revenue · FY 2024
₹4.84 Cr ▲ 25%
Net profit · FY 2024
₹6.79 Lakh margin 1.4%
EBITDA · FY 2024
₹10.07 Lakh margin 2.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 25%
3 years · compounded
▲ 56%
5 years · compounded
▲ 20%
EBITDA CAGR growth
1 year
▲ 103%
3 years · compounded
▲ 30%
5 years · compounded
▲ 11%

Revenue has grown at a compounded annual rate (CAGR) of 20% over five years, including 25% growth in the latest year. EBITDA rose 103% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹10.07 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹6.79 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin2.1%
Net Profit Margin1.4%
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 Thermo Hvac India Private Limited, buy the company report.

Board of directors of Thermo Hvac India Private Limited

Thermo Hvac India has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Shinto BaskerAdditional Director10 Jan 20242 Years 10 MonthsCurrent
Ezhuthani Vilas Babu AnjaliDirector09 Jul 20215 Years 4 MonthsCurrent

Auditor

Thermo Hvac India Private Limited is audited by MASARATH AHMED SHERIFF D S for the financial year 2023.

Auditor firmFinancial yearFirm registration number
MASARATH AHMED SHERIFF D SFY 2023020947

Shareholding

The shareholding of Thermo Hvac India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Thermo Hvac India Private Limited, buy the company report.

Charges & borrowings

Open charges
₹50 Lakh
Satisfied charges
None
Breakdown by lending institutions
The South Indian Bank Limited₹0.50 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
09 Nov 2023100819916The South Indian Bank Limited₹50 LakhOpen

Total charge records: 1 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Thermo Hvac India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Thermo Hvac India has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAGCT4438E1Z7KarnatakaActive10 Nov 2017

To see the full GST registrations and return filing status of Thermo Hvac India Private Limited, buy the company report.

Recent activity

Thermo Hvac India Private Limited has 5 board changes on record since 2021: 2 appointments and 3 cessations. The latest: Kodoor Veedu Sajith ceased to be Director on 10 Jan 2024.

AGM
Thermo Hvac India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Thermo Hvac India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Kodoor Veedu Sajith ceased to be Director.
Appointed
Shinto Basker was appointed as Additional Director.
Charges
A charge with The South Indian Bank Limited amounted to Rs. 50.00 Lakh with Charge ID 100819916 was registered on 09 Nov 2023.
Ceased
Shinto Basker ceased to be Director.
Appointed
Ezhuthani Vilas Babu Anjali was appointed as Director.
Ceased
George Cessil ceased to be Director.
Incorporation
25 Sep 2017
Thermo Hvac India Private Limited was registered on 25 Sep 2017 with Roc Bangalore & aged 9 years 1 month as per MCA records.

Frequently asked questions

Thermo Hvac India is an active private limited company based in Bangalore, Karnataka, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 25 September 2017 (9+ years old) and is registered under CIN U74999KA2017PTC106675.

Thermo Hvac India has 2 current directors:

The latest financial statements of Thermo Hvac India 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 2018 are in the company report.

The GSTIN of Thermo Hvac India is 29AAGCT4438E1Z7, registered in Karnataka.

The CIN (Corporate Identification Number) of Thermo Hvac India is U74999KA2017PTC106675. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Thermo Hvac India was incorporated on 25 September 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.

Kodoor Veedu Sajith ceased to be Director on 10 Jan 2024. Shinto Basker was appointed as Additional Director on 10 Jan 2024. Shinto Basker ceased to be Director on 19 Jan 2022. Thermo Hvac India has 5 board changes on record in total.

Thermo Hvac India can be reached through the website thermohvac.in. Its registered office is in Bangalore, Karnataka, India.

The registered office of Thermo Hvac India is at #19012 Jakkasandra Aghara, Ground Floor 1st Main Road 1st Block, Bangalore, Karnataka, India – 560034.

Thermo Hvac India operates in the consumer electronics and durables industry, in the electronic appliances retail and distribution segment.