Thermovac Aerospace Private Limited

Thermovac Aerospace Private Limited - energy and power in Thyamagondlu Hobli, Karnataka, India. FY 2026 financials & compliance.
CIN U29308KA2016PTC095325 Incorporated 27 July 2016 ROC Bangalore HQ Thyamagondlu Hobli, Karnataka, India
Active Private Limited Company energy and power MSME · Small
Data last updated
Revenue · FY 2025
₹37.42 Cr
▲ 34% YoY
Net profit · FY 2025
₹1.03 Cr
Net margin 2.8%
EBITDA · FY 2025
₹6.59 Cr
EBITDA margin 17.6%
Authorised capital
₹7 Cr
Registered with MCA
Paid-up capital
₹7 Cr
Issued & subscribed
Open charges
₹26.98 Cr
Secured borrowings
Company age
10 yrs
Est. 2016
Employees · EPFO
120
Provident fund records

About Thermovac Aerospace Private Limited

Data last updated:

Thermovac Aerospace Private Limited is a private limited company based in Thyamagondlu Hobli, Karnataka, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 27 July 2016 and has been in existence for over 10 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29308KA2016PTC095325. Its GSTIN is 29AAFCT8692R1Z1 (Karnataka).

The company has an authorised share capital of ₹7 Cr and a paid-up capital of ₹7 Cr. It is led by directors Laxminarasima Prasad Tarikere Narayanarao and Siraganahalli Jayanna Manjunatha.

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 No.548 2nd Stage Sompura Industrial Area Beeragondanahalli Nelamangala Tq, Thyamagondlu Hobli, Karnataka, India – 562111.

As per the financials filed for FY 2025, the company reported a revenue of ₹37.42 Cr, a growth of 34% compared to the previous year. For the same year it recorded a net profit of ₹1.03 Cr (net margin 2.8%) and EBITDA of ₹6.59 Cr (EBITDA margin 17.6%). Revenue has grown at a compounded annual rate (CAGR) of 73% over five years.

The company has about 120 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Thermovac Aerospace. As per MCA filings, the company has open charges of ₹26.98 Cr on record. The company has 2 deals on record (2 funding rounds), with disclosed funding of ₹6.99 Cr; the latest was in December 2021.

Thermovac Aerospace Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-02-0008959). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website thermovacaerospace.com.

Company details

CIN U29308KA2016PTC095325
Registration Number 095325
Incorporation Date 27 July 2016
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-02-0008959
Key People
Laxminarasima Prasad Tarikere Narayanarao Director Siraganahalli Jayanna Manjunatha Director

Recognitions & Rankings of Thermovac Aerospace

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-KR-02-0008959

Contact details

Thermovac Aerospace Private Limited's registered office is in Thyamagondlu Hobli, Karnataka. Its website is thermovacaerospace.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    thermovacaerospace.com
  • Social Media
  • Registered Address
    No.548 2nd Stage Sompura Industrial Area Beeragondanahalli Nelamangala Tq, Thyamagondlu Hobli, Karnataka, India – 562111
  • Industry
    Energy and Power, Power Equipment Manufacturers

To see the full contact details of Thermovac Aerospace Private Limited, buy the company report.

Comprehensive company report
Thermovac Aerospace 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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Brands

Thermovac Aerospace operates one associated brand: Thermovac Aerospace. Each brand links to its own profile.

BrandDescriptionWebsite
Thermovac Aerospace
Developer and manufacturer of thermal solutions for the aerospace industrythermovacaerospace.com

Business activity

The main business activity of Thermovac Aerospace is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC10Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment

To see the full business activity and turnover split of Thermovac Aerospace Private Limited, buy the company report.

Financials of Thermovac Aerospace Private Limited

FY 2025 filings available

Thermovac Aerospace Private Limited reported revenue of ₹37.42 Cr (up 34% YoY) for FY 2025.

Revenue · FY 2025
₹37.42 Cr ▲ 34%
Net profit · FY 2025
₹1.03 Cr margin 2.8%
EBITDA · FY 2025
₹6.59 Cr margin 17.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 34%
5 years · compounded
▲ 73%
EBITDA CAGR growth
1 year
▲ 60%
5 years · compounded
▲ 187%

Revenue has grown at a compounded annual rate (CAGR) of 73% over five years, including 34% growth in the latest year. EBITDA rose 60% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹37.42 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹6.59 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.03 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin17.6%
Net Profit Margin2.8%
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 Thermovac Aerospace Private Limited, buy the company report.

Board of directors of Thermovac Aerospace Private Limited

Thermovac Aerospace has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Laxminarasima Prasad Tarikere Narayanarao
Also directs: Lakshmi Vacuum Heat Treaters Private Limited, Lakshmi Vacuum Technologies Private Limited, Lakshmi Vacuum Metallurgicals Private Limited and 1 more
Director27 Jul 201610 Years 3 MonthsCurrent
Siraganahalli Jayanna ManjunathaDirector27 Jul 201610 Years 3 MonthsCurrent
View all directors

Auditor

Thermovac Aerospace Private Limited is audited by T G CHANDRASHEKARAIAH & CO for the financial year 2021.

Auditor firmFinancial yearFirm registration number
T G CHANDRASHEKARAIAH & COFY 2021011112S

Shareholding

The shareholding of Thermovac Aerospace Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2021FY 2020FY 2019FY 2018FY 2017
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Thermovac Aerospace Private Limited, buy the company report.

Charges & borrowings

Open charges
₹26.98 Cr
Satisfied charges
None
Breakdown by lending institutions
State Bank of India₹10.90 Cr
Others₹10.31 Cr
Sidbi₹5.77 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
24 Jun 2026101327703State Bank of India₹1.78 CrOpen
08 Apr 2026101289238Others₹58.12 LakhOpen
21 Jun 2025101136121Others₹2.98 CrOpen
29 Jan 2025101065119Others₹2.36 CrOpen
19 Apr 2024100903777Others₹2.74 CrOpen

To see the full charge records of Thermovac Aerospace Private Limited, buy the company report.

Total charge records: 10 View all charges

Deals & funding

Thermovac Aerospace Private Limited has 2 deals on record (2 funding rounds), with disclosed funding of ₹6.99 Cr; the latest was in December 2021.

Total deals
2
Funding rounds
2
Disclosed funding
₹6.99 Cr

Deals on record (2 of 2)

WhenDealAmountParties
Dec 2021Funding round₹6.5 CrInvestors: an individual
Mar 2021Funding round₹49 LakhInvestors: 3 individuals

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

MSME payment delays

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

Employees & EPFO

Thermovac Aerospace Private Limited has a workforce of 120 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.

Employee count
120
Active EPFO establishments
1
Employee growth
81.82%

GST

Thermovac Aerospace has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAFCT8692R1Z1KarnatakaActive01 Jul 2017

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

Recent activity

Thermovac Aerospace Private Limited has 3 board changes on record since 2016: 2 appointments and 1 cessation. The latest: Anil Babu ceased to be Director on 09 Apr 2022.

Charges
A charge with State Bank Of India amounted to Rs. 1.78 Cr with Charge ID 101327703 was registered on 24 Jun 2026.
Charges
A charge with Others amounted to Rs. 0.58 Cr with Charge ID 101289238 was registered on 08 Apr 2026.
Charges
A charge with State Bank Of India of Rs. 9.00 Cr registered on 17 Oct 2020 with Charge ID 100405201 was modified on 06 Dec 2025.
AGM
Thermovac Aerospace Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 2.98 Cr with Charge ID 101136121 was registered on 21 Jun 2025.
Filing
Thermovac Aerospace Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Others amounted to Rs. 2.36 Cr with Charge ID 101065119 was registered on 29 Jan 2025.
Charges
A charge with Others amounted to Rs. 2.74 Cr with Charge ID 100903777 was registered on 19 Apr 2024.
Charges
A charge with Sidbi of Rs. 1.56 Cr registered on 06 Sep 2023 with Charge ID 100773672 was modified on 27 Oct 2023.
Charges
A charge with Sidbi amounted to Rs. 1.56 Cr with Charge ID 100773672 was registered on 06 Sep 2023.
Charges
A charge with Sidbi amounted to Rs. 4.21 Cr with Charge ID 100655201 was registered on 23 Dec 2022.
Charges
A charge with State Bank Of India amounted to Rs. 0.12 Cr with Charge ID 100648210 was registered on 26 Aug 2022.

6 earlier events are in the company report.

Frequently asked questions

Thermovac Aerospace is an active private limited company based in Thyamagondlu Hobli, Karnataka, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 27 July 2016 (10+ years old) and is registered under CIN U29308KA2016PTC095325.

Thermovac Aerospace has 2 current directors:

The latest financial statements of Thermovac Aerospace 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 2017 are in the company report.

The GSTIN of Thermovac Aerospace is 29AAFCT8692R1Z1, registered in Karnataka.

The CIN (Corporate Identification Number) of Thermovac Aerospace is U29308KA2016PTC095325. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Thermovac Aerospace was incorporated on 27 July 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.

Thermovac Aerospace has 2 deals on record (2 funding rounds), with disclosed funding of ₹6.99 Cr; the latest was in December 2021.

Anil Babu ceased to be Director on 09 Apr 2022. Laxminarasima Prasad Tarikere Narayanarao was appointed as Director on 27 Jul 2016. Siraganahalli Jayanna Manjunatha was appointed as Director on 27 Jul 2016.

Yes, Thermovac Aerospace is registered as a small enterprise under Udyam registration (number: UDYAM-KR-02-0008959).

Thermovac Aerospace can be reached through the website thermovacaerospace.com. Its registered office is in Thyamagondlu Hobli, Karnataka, India.