About Thermotech Engineering (Pune) Private Limited
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Thermotech Engineering (Pune) Private Limited is a private limited company based in Chakan, Maharashtra, India. It operates in the heavy engineering and manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 27 April 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U29269PN2004PTC019191. Its GSTIN is 27AACCT7100K2ZC (Maharashtra). 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 ₹50 Lakh. It is led by directors Sanjeev Nihalchand Gandhi and Santosh Suwalal Changedia.
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 Plot No. F – 2 Phase – III Chakan Industrial Area Kharabwadi Tal – Khed, Maharashtra, India – 410501.
As per the financials filed for FY 2025, the company reported a revenue of ₹34.55 Lakh, a growth of 24% compared to the previous year. For the same year it recorded a net loss of ₹18.35 Lakh (net margin -53.1%) and EBITDA of ₹33.03 Lakh (EBITDA margin 95.6%). Revenue has declined at a compounded annual rate (CAGR) of 24% over three years and 25% over five years.
As per MCA filings, the company has open charges of ₹10 Cr and satisfied charges of ₹1 Cr on record. Court records list 4 cases involving the company, including 1 filed by the company and 3 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website thermotechengg.com.
Company details
Contact details
Thermotech Engineering (Pune) Private Limited's registered office is in Chakan, Maharashtra. Its website is thermotechengg.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. F – 2 Phase – III Chakan Industrial Area Kharabwadi Tal – Khed, Maharashtra, India – 410501
- IndustryMachinery and Equipment, Heavy Engineering & Manufacturing
To see the full contact details of Thermotech Engineering (Pune) 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 Thermotech Engineering (Pune) Private Limited
FY 2024 filings availableThermotech Engineering (Pune) Private Limited reported revenue of ₹34.55 Lakh (up 24% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 24% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 25%. EBITDA rose 22% 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 | ₹33.03 Lakh | ||||
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| Net Profit (PAT) | -₹18.35 Lakh | ||||
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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 | 95.6% | ||||
| Net Profit Margin | -53.1% | ||||
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To see the full financial statements and ratios of Thermotech Engineering (Pune) Private Limited, buy the company report.
Board of directors of Thermotech Engineering (Pune) Private Limited
Thermotech Engineering (Pune) has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjeev Nihalchand Gandhi | Director | 27 Apr 2004 | 22 Years 6 Months | Current |
| Santosh Suwalal Changedia Also directs: Excel Process Equipments Private Limited, Rajsan Developers LLP, Mula Gases Private Limited and 1 more | Director | 27 Apr 2004 | 22 Years 6 Months | Current |
Auditor
Thermotech Engineering (Pune) Private Limited is audited by G N Mantri and Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G N Mantri and Associates | FY 2023 | 140865W |
Shareholding
The shareholding of Thermotech Engineering (Pune) 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Thermotech Engineering (Pune) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Mar 2012 | 10342428 | Bank of Baroda | ₹10 Cr | Open | |
| 04 Jul 2012 | 10366611 | Rajarambapu Sahakari Bank Ltd | ₹1 Cr | Satisfied |
To see the full charge records of Thermotech Engineering (Pune) Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Thermotech Engineering (Pune) Private Limited has 4 court cases on record: 1 filed by Thermotech Engineering (Pune), 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 0 |
| NCLT | 2 | 2 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Criminal miscellaneous application | Filed against the company by Elantas Beck India Ltd Through Its Authorized Signatory Mr Ashutosh Bhalchandra Kulkarni | Disposed |
| NCLT, Mumbai | Insolvency matter | Filed against the company by Anand Arc Ltd | Disposed |
| District court, Pune, Maharashtra | Court case (R.C.C.) | Filed by the company against Bran Engineering Pvt. Ltd. 2 | Disposed |
| NCLT, Mumbai | Company petition | Filed against the company by an individual | Disposed |
To see the full case history of Thermotech Engineering (Pune) Private Limited, buy the company report.
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 & regulatory alerts
Thermotech Engineering (Pune) Private Limited was last rated by Care on 13 Feb 2023.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 13 Feb 2023 |
To see the full credit ratings and regulatory alerts of Thermotech Engineering (Pune) Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Thermotech Engineering (Pune) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Thermotech Engineering (Pune) has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCT7100K2ZC | Maharashtra | Active | 24 Dec 2024 |
To see the full GST registrations and return filing status of Thermotech Engineering (Pune) Private Limited, buy the company report.
Recent activity
Thermotech Engineering (Pune) Private Limited has 4 board changes on record since 2004: 2 appointments and 2 cessations. The latest: Manoj Kantilal Bhalgat ceased to be Director on 17 Nov 2017.
Frequently asked questions
Thermotech Engineering (Pune) is an active private limited company based in Chakan, Maharashtra, India. The company works in heavy engineering and manufacturing, within the machinery and equipment industry. It was incorporated on 27 April 2004 (22+ years old) and is registered under CIN U29269PN2004PTC019191.
Thermotech Engineering (Pune) has 2 current directors:
- Sanjeev Nihalchand Gandhi - Director
- Santosh Suwalal Changedia - Director
The latest financial statements of Thermotech Engineering (Pune) 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 Thermotech Engineering (Pune) is 27AACCT7100K2ZC, registered in Maharashtra. 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 Thermotech Engineering (Pune) is U29269PN2004PTC019191. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Thermotech Engineering (Pune) has 4 court cases on record: 1 filed by the company and 3 filed against it. Most are in the district courts.
Thermotech Engineering (Pune) was incorporated on 27 April 2004, making it 22+ years old. It is registered with the Registrar of Companies, Pune.
Manoj Kantilal Bhalgat ceased to be Director on 17 Nov 2017. Prakash Raosaheb Tambe ceased to be Director on 15 Feb 2017. Sanjeev Nihalchand Gandhi was appointed as Director on 27 Apr 2004. Thermotech Engineering (Pune) has 4 board changes on record in total.
Thermotech Engineering (Pune) can be reached through the website thermotechengg.com. Its registered office is in Chakan, Maharashtra, India.
The registered office of Thermotech Engineering (Pune) is at Plot No. F – 2 Phase – III Chakan Industrial Area Kharabwadi Tal – Khed, Maharashtra, India – 410501.
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