About Thermotech Engineering (India) Private Limited
Data last updated:
Thermotech Engineering (India) Private Limited is a private limited company based in Khed, Maharashtra, India. It operates in the heavy engineering and manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 22 November 2023.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U28299PN2023PTC225829.
The company has an authorised share capital of ₹50,000 and a paid-up capital of ₹50,000. It is led by directors Sanjeev Nihalchand Gandhi and Anuj Sanjeev Gandhi.
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 Khed, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹44.68 Cr, a growth of 107% compared to the previous year. For the same year it recorded a net profit of ₹2.82 Cr (net margin 6.3%) and EBITDA of ₹5.66 Cr (EBITDA margin 12.7%).
As per MCA filings, the company has open charges of ₹33 Cr and satisfied charges of ₹89.66 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 thermotech.one.
Company details
Contact details
Thermotech Engineering (India) Private Limited's registered office is in Khed, Maharashtra.
- Social Media
- Registered AddressPlot No. F – 2 Phase – III, Kharabwadi MIDC Phase II, Khed, Maharashtra, India – 410501
- IndustryMachinery and Equipment, Heavy Engineering & 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
Business activity
The main business activity of Thermotech Engineering (India) is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Thermotech Engineering (India) Private Limited, buy the company report.
Financials of Thermotech Engineering (India) Private Limited
FY 2025 filings availableThermotech Engineering (India) Private Limited reported revenue of ₹44.68 Cr (up 107% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 107% in the latest year. EBITDA rose 248% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 |
|---|---|---|
| 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 | ₹5.66 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹2.82 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
| Metrics | FY 2024-25 | FY 2023-24 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 12.7% | |
| Net Profit Margin | 6.3% | |
| 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 Thermotech Engineering (India) Private Limited, buy the company report.
Board of directors of Thermotech Engineering (India) Private Limited
Thermotech Engineering (India) has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjeev Nihalchand Gandhi | Director | 22 Nov 2023 | 2 Years 11 Months | Current |
| Anuj Sanjeev Gandhi | Director | 22 Nov 2023 | 2 Years 11 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Oct 2025 | 101190104 | Others | ₹7 Cr | Open | |
| 15 Jan 2021 | 100412955 | Hdfc Bank Limited | ₹26 Cr | Open | |
| 31 Dec 2018 | 100235873 | Bank of Baroda | ₹89.66 Lakh | Satisfied |
To see the full charge records of Thermotech Engineering (India) Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Thermotech Engineering (India) 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 Thermotech Engineering (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Thermotech Engineering (India) Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Thermotech Engineering (India) Private Limited has 2 board changes on record since 2023: 2 appointments. The latest: Anuj Sanjeev Gandhi was appointed as Director on 22 Nov 2023.
Frequently asked questions
Thermotech Engineering (India) is an active private limited company based in Khed, Maharashtra, India. The company works in heavy engineering and manufacturing, within the machinery and equipment industry. It was incorporated on 22 November 2023 (3+ years old) and is registered under CIN U28299PN2023PTC225829.
Thermotech Engineering (India) has 2 current directors:
- Sanjeev Nihalchand Gandhi - Director
- Anuj Sanjeev Gandhi - Director
The latest financial statements of Thermotech Engineering (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 2024 are in the company report.
The CIN (Corporate Identification Number) of Thermotech Engineering (India) is U28299PN2023PTC225829. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Thermotech Engineering (India) was incorporated on 22 November 2023, making it 3+ years old. It is registered with the Registrar of Companies, Pune.
Anuj Sanjeev Gandhi was appointed as Director on 22 Nov 2023. Sanjeev Nihalchand Gandhi was appointed as Director on 22 Nov 2023.
Thermotech Engineering (India) can be reached through the website thermotech.one. Its registered office is in Khed, Maharashtra, India.
The registered office of Thermotech Engineering (India) is at Plot No. F – 2 Phase – III, Kharabwadi MIDC Phase II, Khed, Maharashtra, India – 410501.
Thermotech Engineering (India) operates in the machinery and equipment industry, in the heavy engineering and manufacturing segment.
Thermotech Engineering (India) has open charges of ₹33 Cr and satisfied charges of ₹89.66 Lakh as per latest MCA filings.