Thermosol Glass Private Limited

Thermosol Glass Private Limited - manufacturing in New Delhi, Delhi, India. FY 2026 financials & compliance.
CIN U26100DL2011PTC215329 Incorporated 07 March 2011 ROC Delhi HQ New Delhi, Delhi, India
Active Private Limited Company manufacturing
Data last updated
Revenue · FY 2025
₹14.81 Lakh
▲ 32% YoY
EBITDA · FY 2025
-₹4.14 Lakh
EBITDA margin -28%
Authorised capital
₹26 Cr
Registered with MCA
Paid-up capital
₹17.4 Cr
Issued & subscribed
Open charges
₹89.72 Cr
Secured borrowings
Company age
15 yrs
Est. 2011
Employees · EPFO
4
Provident fund records
Directors on board
3
As per MCA filings

About Thermosol Glass Private Limited

Data last updated:

Thermosol Glass Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Cargo Motors Private Limited. It operates in the glass and products segment of the manufacturing sector. It was incorporated on 07 March 2011 and has been in existence for over 15 years.

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U26100DL2011PTC215329. Its GSTIN is 24AADCT7841E1ZF (Gujarat). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹26 Cr and a paid-up capital of ₹17.4 Cr. It was formerly known as Tharmosol Glass Private Limited. It is led by directors including Vimal Chunilal Gujral and Jayant Nanda.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 1/9 – B Jindal House Asaf Ali Road, New Delhi, Delhi, India – 110002.

As per the financials filed for FY 2025, the company reported a revenue of ₹14.81 Lakh, a growth of 32% compared to the previous year. For the same year it recorded EBITDA of -₹4.14 Lakh (EBITDA margin -28%).

The company has about 4 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹89.72 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company; 2 cases are pending. The company has 3 deals on record (3 funding rounds), with disclosed funding of ₹19.74 Cr; the latest was in September 2013. Its 3 peer companies in the Manufacturing industry (Glass Works), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products) are compared by revenue, 1 larger and 2 smaller; the largest is Semimat Technologies Private Limited with revenue of ₹15 Lakh.

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

Company details

CIN U26100DL2011PTC215329
Registration Number 215329
Incorporation Date 07 March 2011
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Cargo Motors Private Limited
Compliance Status Active Compliant

Contact details

Thermosol Glass Private Limited's registered office is in New Delhi, Delhi. Its website is thermosolglass.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    1/9 – B Jindal House Asaf Ali Road, New Delhi, Delhi, India – 110002
  • Industry
    Manufacturing, Glass & Products

To see the full contact details of Thermosol Glass Private Limited, buy the company report.

Comprehensive company report
Thermosol Glass 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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Financials of Thermosol Glass Private Limited

FY 2024 filings available

Thermosol Glass Private Limited reported revenue of ₹14.81 Lakh (up 32% YoY) for FY 2025.

Revenue · FY 2025
₹14.81 Lakh ▲ 32%
EBITDA · FY 2025
-₹4.14 Lakh margin -28%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 32%
EBITDA CAGR growth
1 year
▼ 314%

Revenue rose 32% in the latest year. EBITDA fell 314% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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-₹4.14 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)
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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin-28%
Net Profit Margin
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 Thermosol Glass Private Limited, buy the company report.

Board of directors of Thermosol Glass Private Limited

Thermosol Glass has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Vimal Chunilal GujralDirector07 Mar 201115 Years 8 MonthsCurrent
Jayant NandaDirector07 Mar 201115 Years 8 MonthsCurrent
Ravinder SuriDirector01 Oct 20224 Years 1 MonthsCurrent

Peer comparison

Thermosol Glass Private Limited is compared with the 3 companies closest to it by revenue in the Manufacturing industry (Glass Works), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Semimat Technologies Private Limited₹15 Lakh (FY 2024)Aurangabad, Maharashtra, India
Thermosol Glass Private Limitedthis company₹14.81 Lakh (FY 2025)32.0%4New Delhi, Delhi, India
Flint Steels Private Limited₹13.17 Lakh (FY 2025)-39.0%Uttar Pradesh, India
Fitwell Glass & Ceramics Private Limited₹12.74 Lakh (FY 2025)14.0%Vadodara, Gujarat, India

To see the full peer comparison of Thermosol Glass Private Limited, buy the company report.

Auditor

Thermosol Glass Private Limited is audited by Ashok Khandelwal Associates for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Ashok Khandelwal AssociatesFY 2023008618N

Shareholding

The shareholding of Thermosol Glass 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 Thermosol Glass Private Limited, buy the company report.

Charges & borrowings

Open charges
₹89.72 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹44.86 Cr
Bank of Baroda₹29.36 Cr
Bank of Baroda (Bank of Baroda Consortium)₹15.50 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
07 Oct 201310453246Others₹44.86 CrOpen
18 Jul 201310438647Bank of Baroda (Bank of Baroda Consortium)₹15.5 CrOpen
18 Jul 201310438645Bank of Baroda₹29.36 CrOpen

To see the full charge records of Thermosol Glass Private Limited, buy the company report.

Total charge records: 3 View all charges

Deals & funding

Thermosol Glass Private Limited has 3 deals on record (3 funding rounds), with disclosed funding of ₹19.74 Cr; the latest was in September 2013.

Total deals
3
Funding rounds
3
Disclosed funding
₹19.74 Cr

Deals on record (1 of 3)

WhenDealAmountParties
Mar 2013Funding round₹3.29 CrInvestors: Cargo Motors Private Limited

To see the full deal history of Thermosol Glass Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Thermosol Glass Private Limited was last rated by Crisil on 26 Aug 2020.

Rating agencyRated onRating
Crisil26 Aug 2020

To see the full credit ratings and regulatory alerts of Thermosol Glass Private Limited, buy the company report.

MSME payment delays

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

Employees & EPFO

Thermosol Glass Private Limited has a workforce of 4 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.

Employee count
4
Active EPFO establishments
1
Employee growth
-55.56%

GST

Thermosol Glass has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
24AADCT7841E1ZFGujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Thermosol Glass Private Limited, buy the company report.

Recent activity

Thermosol Glass Private Limited has 9 board changes on record since 2011: 3 appointments and 6 cessations. The latest: Ravinder Suri ceased to be Additional Director on 29 Sep 2023.

AGM
Thermosol Glass Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Thermosol Glass Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Ceased
Ravinder Suri ceased to be Additional Director.
Ceased
Anita Nanda ceased to be Director.
Appointed
Ravinder Suri was appointed as Director.
Ceased
Aditya Nanda ceased to be Director.
Ceased
Raj Kumari Nanda ceased to be Director.
Charges
A charge with Others of Rs. 44.86 Cr registered on 07 Oct 2013 with Charge ID 10453246 was modified on 28 Oct 2016.
Ceased
Dhruv Batra ceased to be Director.
Ceased
Devki Nanda ceased to be Additional Director.
Charges
A charge with Bank Of Baroda of Rs. 29.36 Cr registered on 18 Jul 2013 with Charge ID 10438645 was modified on 26 Aug 2014.
Charges
A charge with Others amounted to Rs. 44.86 Cr with Charge ID 10453246 was registered on 07 Oct 2013.

5 earlier events are in the company report.

Frequently asked questions

Thermosol Glass is an active private limited company based in New Delhi, Delhi, India. The company works in glass and products, within the manufacturing industry. It was incorporated on 07 March 2011 (15+ years old) and is registered under CIN U26100DL2011PTC215329.

Thermosol Glass has 3 current directors:

The latest financial statements of Thermosol Glass on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Thermosol Glass is 24AADCT7841E1ZF, registered in Gujarat. 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 Thermosol Glass is U26100DL2011PTC215329. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Thermosol Glass has 3 court cases on record: 3 filed by the company. 2 are pending. Most are in the high courts.

Thermosol Glass was incorporated on 07 March 2011, making it 15+ years old. It is registered with the Registrar of Companies, Delhi.

Thermosol Glass has 3 deals on record (3 funding rounds), with disclosed funding of ₹19.74 Cr; the latest was in September 2013.

The peers of Thermosol Glass by revenue are Semimat Technologies Private Limited, Flint Steels Private Limited, Fitwell Glass & Ceramics Private Limited, all in the Manufacturing industry (Glass Works), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).

Ravinder Suri ceased to be Additional Director on 29 Sep 2023. Anita Nanda ceased to be Director on 01 Oct 2022. Ravinder Suri was appointed as Director on 01 Oct 2022. Thermosol Glass has 9 board changes on record in total.

Thermosol Glass can be reached through the website thermosolglass.com. Its registered office is in New Delhi, Delhi, India.