About Thermosystems Private Limited
Data last updated:
Thermosystems Private Limited is a private limited company based in Punjagutta Hyd 082, Telangana, India. It operates in the procurement and construction (epc) segment of the engineering sector. It was incorporated on 16 June 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U24220TG2005PTC046567. Its GSTIN is 36AACCT2569E1ZC (Telangana). The company holds 23 GST registrations, of which 19 are active.
The company has an authorised share capital of ₹11 Cr and a paid-up capital of ₹11 Cr. It is led by directors Uma Ghurka (Managing Director) and Ghurka Chetan.
Its last annual general meeting (AGM) was held on 08 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 28. Nagarjuna Hillspunjagutta Hyd 082 Punjagutta Hyd 082, Telangana, India – 500082.
As per the financials filed for FY 2025, the company reported a revenue of ₹242.91 Cr, a growth of 135% compared to the previous year. For the same year it recorded a net profit of ₹18.81 Cr (net margin 7.7%) and EBITDA of ₹29.5 Cr (EBITDA margin 12.1%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 21% over five years.
The company has about 620 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Thermosystems. As per MCA filings, the company has open charges of ₹356 Cr and satisfied charges of ₹177.16 Cr on record. Court records list 19 cases involving the company, including 9 filed by the company and 10 filed against it; 1 case is pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website thermosystems.co.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address28. Nagarjuna Hillspunjagutta Hyd 082 Punjagutta Hyd 082, Telangana, India – 500082
- IndustryEngineering, Procurement & Construction (EPC), Engineering
- 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
- One PDF report, delivered after checkout
CIN History of Thermosystems Private Limited
Thermosystems has one previous CIN (Corporate Identification Number): U24220AP2005PTC046567. The current CIN is U24220TG2005PTC046567, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24220TG2005PTC046567 | Current |
| U24220AP2005PTC046567 | Previous |
Associated Brands with Thermosystems Private Limited
Thermosystems operates one associated brand: Thermosystems. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Engineering and turnkey solutions for hydrocarbon, piping, and industrial systems. | thermosystems.co.in |
Business Activity of Thermosystems Private Limited
The main business activity of Thermosystems 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.
Auditor Details of Thermosystems Private Limited
Thermosystems Private Limited is audited by B NARSING RAO & CO LLP for the financial year 2025.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B NARSING RAO & CO LLP | 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.
Board of Directors of Thermosystems Private Limited
Thermosystems has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Uma Ghurka | Managing Director | 19 Feb 2007 | 19 Years 7 Months | Current |
| Ghurka Chetan | Director | 05 Feb 2008 | 18 Years 8 Months | Current |
Financials of Thermosystems Private Limited FY 2025 filings available
Thermosystems Private Limited reported revenue of ₹242.91 Cr (up 135% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Thermosystems Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 21% over five years, including 135% growth in the latest year. EBITDA rose 568% 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 Thermosystems Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹242.91 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹29.5 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹18.81 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 Thermosystems Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 7.7% | •••• | •••• | •••• | •••• |
| 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 Thermosystems 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.
Ownership and Shareholding of Thermosystems 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 Thermosystems Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Nov 2023 | Citi Bank N.A. | ₹170 Cr | Open |
| 28 Jan 2019 | Hdfc Bank Limited | ₹186 Cr | Open |
| 04 Feb 2012 | State Bank of India | ₹90 Cr | Satisfied |
| 25 Aug 2005 | State Bank of India | ₹87.16 Cr | Satisfied |
Total charge records: 4 View all charges
Employees and EPFO Compliance at Thermosystems Private Limited
Thermosystems Private Limited has a workforce of 620 employees as of Sep 24, 2025.
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.
GST Compliance of Thermosystems Private Limited
Thermosystems has 23 GST registrations: 19 active and 4 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AACCT2569E1ZC | Telangana | Active | 01 Jul 2017 |
| 36AACCT2569E2ZB | Telangana | Active | 28 Sep 2018 |
| 06AACCT2569E1ZF | Haryana | Active | 01 Jul 2017 |
| 08AACCT2569E1ZB | Rajasthan | 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.
Legal Cases of Thermosystems Private Limited
Thermosystems Private Limited has 19 court cases on record: 9 filed by Thermosystems, 10 filed against it. 1 case is pending and 18 are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 13 | 9 | 1 |
| High courts | 6 | 1 | 0 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court for State of Telangana | Arbitration matter | Filed against the company by Simplicity Projects Pvt Ltd | Disposed |
| High Court of Delhi | Arbitration matter | Filed by the company against NTPC Bhel Power Projects Private Limited | Disposed |
| District court, Hyderabad CCC, Telangana | Civil suit | Filed by the company against Madhucon Projects Limited | Disposed |
| High Court of Punjab and Haryana | Company petition | Filed by the company against Prakash Industries Limited | Disposed |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Criminal case | Filed against the company by State of U.P | Pending |
Full case history
All 19 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit Ratings, Litigation & Regulatory Alerts for Thermosystems 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 Thermosystems 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 Thermosystems 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.
MCA Filings & Documents of Thermosystems 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.
Recent Activity on Thermosystems Private Limited
Frequently Asked Questions about Thermosystems Private Limited
Thermosystems is an active private limited company based in Punjagutta Hyd 082, Telangana, India. The company works in procurement and construction (epc), within the engineering industry. It was incorporated on 16 June 2005 (21+ years old) and is registered under CIN U24220TG2005PTC046567.
Thermosystems reported revenue of ₹242.91 Cr for FY 2025 (up 135% YoY).
Thermosystems has 2 current directors:
- Uma Ghurka - Managing Director
- Ghurka Chetan - Director
Thermosystems reported a net profit of ₹18.81 Cr (net margin 7.7%) and EBITDA of ₹29.5 Cr (EBITDA margin 12.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Thermosystems is 17% over three years and 21% over five years. In the latest year (FY 2025) revenue rose 135%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Thermosystems is 36AACCT2569E1ZC, registered in Telangana. The company has 23 GST registrations in all, of which 19 are active and 4 are cancelled or inactive. Other active GSTINs include 36AACCT2569E2ZB (Telangana), 06AACCT2569E1ZF (Haryana), 08AACCT2569E1ZB (Rajasthan).
The CIN (Corporate Identification Number) of Thermosystems is U24220TG2005PTC046567. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Thermosystems has 19 court cases on record: 9 filed by the company and 10 filed against it. 1 is pending. Most are in the district courts.
Thermosystems was incorporated on 16 June 2005, making it 21+ years old. It is registered with the Registrar of Companies, Hyderabad.