About Thermo Polymers Private Limited
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Thermo Polymers Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the plastic and resins segment of the manufacturing sector. It was incorporated on 26 March 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U24110TG1998PTC029118. Its GSTIN is 36AABCT0844M1Z6 (Telangana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹29.25 Lakh. It is led by directors Nidhi Ghurka and Manikandan Nair Poothamkurissi.
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 28 Nagarjuna Hills Panjagutta, Hyderabad, Telangana, India – 500082.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.4 Cr, a decline of 60% compared to the previous year. For the same year it recorded a net profit of ₹2.54 Cr (net margin 74.9%) and EBITDA of ₹3.16 Cr (EBITDA margin 93.2%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 50% over five years.
The company has about 7 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹184.93 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 thermopads.com.
Company details
CIN history
Thermo Polymers has one previous CIN (Corporate Identification Number): U24110AP1998PTC029118. The current CIN is U24110TG1998PTC029118, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24110TG1998PTC029118 | Current |
| U24110AP1998PTC029118 | Previous |
Contact details
Thermo Polymers Private Limited's registered office is in Hyderabad, Telangana. Its website is thermopads.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address28 Nagarjuna Hills Panjagutta, Hyderabad, Telangana, India – 500082
- IndustryManufacturing, Plastic & Resins
To see the full contact details of Thermo Polymers Private Limited, buy the company report.
- 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 Thermo Polymers Private Limited
FY 2025 filings availableThermo Polymers Private Limited reported revenue of ₹3.4 Cr (down 60% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 60% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 50%. EBITDA fell 62% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹3.16 Cr | ||||
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| Net Profit (PAT) | ₹2.54 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 93.2% | ||||
| Net Profit Margin | 74.9% | ||||
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To see the full financial statements and ratios of Thermo Polymers Private Limited, buy the company report.
Board of directors of Thermo Polymers Private Limited
Thermo Polymers has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nidhi Ghurka Also directs: Thermo Cables Ltd. | Director | 18 May 2023 | 3 Years 5 Months | Current |
| Manikandan Nair Poothamkurissi | Director | 18 May 2023 | 3 Years 5 Months | Current |
Peer comparison
Thermo Polymers Private Limited is compared with the 10 companies closest to it by revenue in the Manufacturing industry (Plastics and Resins, Polymers), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mittal Polymers Private Limited | ₹3.48 Cr (FY 2025) | -11.0% | Panipat, Haryana, India | |||
| P G Resins and Coatings Private Limited | ₹3.45 Cr (FY 2025) | -7.0% | Mumbai, Maharashtra, India | |||
| Fairdeal Polymers Private Limited | ₹3.45 Cr (FY 2025) | -5.0% | Bangalore, Karnataka, India | |||
| Shree Shubh Laxmi Polymers Private Limited | ₹3.43 Cr (FY 2025) | -15.0% | Jaitpura, Rajasthan, India | |||
| Apex Polymers Private Limited | ₹3.41 Cr (FY 2025) | 1.0% | Shapar Veraval, Gujarat, India | |||
| Thermo Polymers Private Limitedthis company | ₹3.4 Cr (FY 2025) | ₹2.54 Cr | 74.9% | -60.0% | 7 | Hyderabad, Telangana, India |
| Vardhaman Wires and Polymers Limited | ₹3.34 Cr (FY 2024) | -28.0% | Vadodara, Gujarat, India | |||
| Gorav Polymers Private Limited | ₹3.32 Cr (FY 2025) | 29.0% | Mhow, Madhya Pradesh, India | |||
| Drushti Polymers Private Limited | ₹3.32 Cr (FY 2021) | -55.0% | Pune, Maharashtra, India | |||
| Bay Petroplast Pvt Ltd | ₹3.31 Cr (FY 2025) | 8.0% | Mumbai, Maharashtra, India | |||
| Orient Polymers Private Limited | ₹3.3 Cr (FY 2025) | -31.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Thermo Polymers Private Limited, buy the company report.
Auditor
Thermo Polymers Private Limited is audited by B NARSING RAO & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B NARSING RAO & CO | FY 2019 | 002409S |
Shareholding
The shareholding of Thermo Polymers Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Thermo Polymers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Sep 2012 | 10381621 | State Bank of India | ₹87.16 Cr | Satisfied | |
| 04 Feb 2012 | 10339140 | State Bank of India | ₹90 Cr | Satisfied | |
| 01 Aug 1998 | 80024036 | State Bank of India | ₹7.77 Cr | Satisfied |
To see the full charge records of Thermo Polymers Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Thermo Polymers 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 Thermo Polymers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Thermo Polymers Private Limited has a workforce of 7 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Thermo Polymers has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AABCT0844M1Z6 | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Thermo Polymers Private Limited, buy the company report.
Recent activity
Thermo Polymers Private Limited has 7 board changes on record since 2015: 2 appointments and 5 cessations. The latest: Manikandan Nair Poothamkurissi ceased to be Additional Director on 28 Sep 2023.
7 earlier events are in the company report.
Frequently asked questions
Thermo Polymers is an active private limited company based in Hyderabad, Telangana, India. The company works in plastic and resins, within the manufacturing industry. It was incorporated on 26 March 1998 (28+ years old) and is registered under CIN U24110TG1998PTC029118.
Thermo Polymers has 2 current directors:
- Nidhi Ghurka - Director
- Manikandan Nair Poothamkurissi - Director
The latest financial statements of Thermo Polymers 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 2015 are in the company report.
The GSTIN of Thermo Polymers is 36AABCT0844M1Z6, registered in Telangana. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Thermo Polymers is U24110TG1998PTC029118. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Thermo Polymers was incorporated on 26 March 1998, making it 28+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Thermo Polymers by revenue are Mittal Polymers Private Limited, P G Resins and Coatings Private Limited, Fairdeal Polymers Private Limited, Shree Shubh Laxmi Polymers Private Limited, Apex Polymers Private Limited and 5 more, all in the Manufacturing industry (Plastics and Resins, Polymers).
Manikandan Nair Poothamkurissi ceased to be Additional Director on 28 Sep 2023. Nidhi Ghurka ceased to be Additional Director on 28 Sep 2023. Nandkishore Ghurka ceased to be Managing Director on 19 May 2023. Thermo Polymers has 7 board changes on record in total.
Thermo Polymers can be reached through the website thermopads.com. Its registered office is in Hyderabad, Telangana, India.
The registered office of Thermo Polymers is at 28 Nagarjuna Hills Panjagutta, Hyderabad, Telangana, India – 500082.
Thermo Polymers operates in the manufacturing industry, in the plastic and resins segment.