About Thermopac Boilers Private Limited
Data last updated:
Thermopac Boilers Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 17 November 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29290MH1994PTC083071. Its GSTIN is 27AAACT1771E1ZJ (Maharashtra).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹14.36 Lakh. It is led by directors Anjali Prasad Bhat and Prasad Bhat Vishnu.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.38 Cr, a growth of 72% compared to the previous year. For the same year it recorded a net profit of ₹3.44 Cr (net margin 46.5%) and EBITDA of ₹3.92 Cr (EBITDA margin 53.1%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years.
The company has about 4 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹10 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 thermopac.in.
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- Registered Address405 L – 4 The Summit Business Bay Western Express Highway Vile Parle (Eas, T), Mumbai, Maharashtra, India – 400057
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
- 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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Business Activity of Thermopac Boilers Private Limited
The main business activity of Thermopac Boilers is manufacturing. In detail, this covers 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 | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Thermopac Boilers Private Limited FY 2025 filings available
Thermopac Boilers Private Limited reported revenue of ₹7.38 Cr (up 72% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Thermopac Boilers Private Limited
Revenue rose 72% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 1%. EBITDA rose 260% 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 of Thermopac Boilers Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 | ₹3.92 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.44 Cr | •••• | •••• | •••• | •••• |
| 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 of Thermopac Boilers Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 53.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 46.5% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Thermopac Boilers are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Thermopac Boilers Private Limited
Thermopac Boilers has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anjali Prasad Bhat Also directs: Thermopac Process Engineering LLP | Director | 10 Oct 2007 | 19 Years 0 Months | Current |
| Prasad Bhat Vishnu Also directs: Skyclub Aviation LLP, Thermopac Process Engineering LLP, Value Manage Trade and Services LLP and 4 more | Director | 17 Nov 1994 | 31 Years 11 Months | Current |
Peer Comparison of Thermopac Boilers Private Limited
Thermopac Boilers Private Limited is compared with the companies closest to it by revenue in the Consumer Durables industry (Boilers, Electronic Appliances Manufacturing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aadhunik Infrastructure Development Private Limited | ₹7.44 Cr (FY 2024) | •••• | •••• | -82.0% | •••• | Jalgaon, Maharashtra, India |
| Perifon Electronics India Private Limited | ₹7.43 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | Pune, Maharashtra, India |
| E-Spin Nanotech Private Limited | ₹7.41 Cr (FY 2025) | •••• | •••• | 88.0% | •••• | Kanpur, Uttar Pradesh, India |
| Narangs (India) Private Limited | ₹7.41 Cr (FY 2024) | •••• | •••• | -12.0% | •••• | New Delhi, Delhi, India |
| Clean Power Generation Private Limited | ₹7.4 Cr (FY 2025) | •••• | •••• | 359.0% | •••• | New Delhi, Delhi, India |
| Thermopac Boilers Private Limited this company | ₹7.38 Cr (FY 2024) | •••• | •••• | 72.0% | •••• | Mumbai, Maharashtra, India |
| Victory Vision Home Appliances Private Limited | ₹7.37 Cr (FY 2019) | •••• | •••• | -1.0% | •••• | Chennai, Tamil Nadu, India |
| EEE Energy Private Limited | ₹7.36 Cr (FY 2024) | •••• | •••• | 23.0% | •••• | Krishnagiri, Tamil Nadu, India |
| Altaf. H. Vali Electronics Private Limited | ₹7.36 Cr (FY 2024) | •••• | •••• | -13.0% | •••• | Nagpur, Maharashtra, India |
| Surabhi Home Appliancess Private Limited | ₹7.34 Cr (FY 2025) | •••• | •••• | -27.0% | •••• | Chennai, Tamil Nadu, India |
| Confio Technologies Private Limited | ₹7.32 Cr (FY 2024) | •••• | •••• | 1.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Thermopac Boilers by revenue in the Consumer Durables industry (Boilers, Electronic Appliances Manufacturing), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Thermopac Boilers Private Limited
Thermopac Boilers Private Limited is audited by GANESH & RAJENDRA ASSOCIATES for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| GANESH & RAJENDRA ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Thermopac Boilers Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Thermopac Boilers Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Jul 1995 | The Memon Co Operative Bank Limited | ₹10 Lakh | Satisfied |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Thermopac Boilers Private Limited
Thermopac Boilers Private Limited has a workforce of 4 employees as of Apr 07, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Thermopac Boilers Private Limited
Thermopac Boilers Private Limited has 3 board changes on record since 1994: 2 appointments and 1 cessation. The latest: Vishnu Damodar Bhat ceased to be Director on 15 Nov 2007.
Credit Ratings, Litigation & Regulatory Alerts for Thermopac Boilers Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Thermopac Boilers Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Thermopac Boilers Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Thermopac Boilers Private Limited
Thermopac Boilers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACT1771E1ZJ | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Thermopac Boilers Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Thermopac Boilers Private Limited
Thermopac Boilers is an active private limited company based in Mumbai, Maharashtra, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 17 November 1994 (32+ years old) and is registered under CIN U29290MH1994PTC083071.
Thermopac Boilers reported revenue of ₹7.38 Cr for FY 2024 (up 72% YoY).
Thermopac Boilers has 2 current directors:
- Anjali Prasad Bhat - Director
- Prasad Bhat Vishnu - Director
Thermopac Boilers reported a net profit of ₹3.44 Cr (net margin 46.5%) and EBITDA of ₹3.92 Cr (EBITDA margin 53.1%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Thermopac Boilers is -1% over three years. In the latest year (FY 2024) revenue rose 72%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Thermopac Boilers is 27AAACT1771E1ZJ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Thermopac Boilers is U29290MH1994PTC083071. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Thermopac Boilers was incorporated on 17 November 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Thermopac Boilers by revenue are Aadhunik Infrastructure Development Private Limited, Perifon Electronics India Private Limited, E-Spin Nanotech Private Limited, Narangs (India) Private Limited, Clean Power Generation Private Limited and 5 more, all in the Consumer Durables industry (Boilers, Electronic Appliances Manufacturing).
Vishnu Damodar Bhat ceased to be Director on 15 Nov 2007. Anjali Prasad Bhat was appointed as Director on 10 Oct 2007. Prasad Bhat Vishnu was appointed as Director on 17 Nov 1994.
Thermopac Boilers can be reached through the website thermopac.in. Its registered office is in Mumbai, Maharashtra, India.
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