MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-17-0064646
Thermovision Technologies (India ) Private Limited - machinery and equipment in Vasai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹71.88 Cr
▲ 71% YoY
Net profit · FY 2025
₹14.4 Cr
Net margin 20%
EBITDA · FY 2025
₹19.56 Cr
EBITDA margin 27.2%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Open charges
₹6.67 Cr
Satisfied ₹3.87 Cr
Company age
24 yrs
Est. 2002
Employees · EPFO
31
Provident fund records
About Thermovision Technologies (India ) Private Limited
Data last updated:
Thermovision Technologies (India ) Private Limited is a private limited company based in Vasai, Maharashtra, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 02 September 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29230MH2002PTC137030. Its GSTIN is 27AABCT7718A1ZJ (Maharashtra).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Francis Tuscano Joseph and Vijaya Francis Tuscano.
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 Bldg. No. 2 Rajprabha Anand Industrial Estate Nakipada Village: Waliv Vasai (East), Maharashtra, India – 401208.
As per the financials filed for FY 2025, the company reported a revenue of ₹71.88 Cr, a growth of 71% compared to the previous year. For the same year it recorded a net profit of ₹14.4 Cr (net margin 20%) and EBITDA of ₹19.56 Cr (EBITDA margin 27.2%). Revenue has grown at a compounded annual rate (CAGR) of 45% over three years and 16% over five years.
The company has about 31 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹6.67 Cr and satisfied charges of ₹3.87 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
Thermovision Technologies (India ) Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-17-0064646). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website thermovision.in.
Company details
CIN U29230MH2002PTC137030
Registration Number 137030
Incorporation Date 02 September 2002
ROC Mumbai
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-MH-17-0064646
Key People
Francis Tuscano Joseph Director Vijaya Francis Tuscano Director Makarand Mukund Siddheshwar Director Recognitions & Rankings of Thermovision Technologies (India )
Contact details
Thermovision Technologies (India ) Private Limited's registered office is in Vasai, Maharashtra. Its website is thermovision.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressBldg. No. 2 Rajprabha Anand Industrial Estate Nakipada Village: Waliv Vasai (East), Maharashtra, India – 401208
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Thermovision Technologies (India ) Private Limited, buy the company report.
Comprehensive company report
Thermovision Technologies (India ) 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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Business activity
The main business activity of Thermovision Technologies (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 Thermovision Technologies (India ) Private Limited, buy the company report.
Financials of Thermovision Technologies (India ) Private Limited
FY 2025 filings availableThermovision Technologies (India ) Private Limited reported revenue of ₹71.88 Cr (up 71% YoY) for FY 2025.
Revenue · FY 2025
₹71.88 Cr ▲ 71%
Net profit · FY 2025
₹14.4 Cr margin 20%
EBITDA · FY 2025
₹19.56 Cr margin 27.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 71%
3 years · compounded
▲ 45%
5 years · compounded
▲ 16%
EBITDA CAGR growth
1 year
▲ 44%
3 years · compounded
▲ 50%
5 years · compounded
▲ 16%
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 71% growth in the latest year. EBITDA rose 44% 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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| Total Expenses | |||||
| EBITDA | ₹19.56 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹14.4 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 27.2% | ||||
| Net Profit Margin | 20% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Thermovision Technologies (India ) Private Limited, buy the company report.
Board of directors of Thermovision Technologies (India ) Private Limited
Thermovision Technologies (India ) has 5 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Francis Tuscano Joseph | Director | 02 Sep 2002 | 24 Years 1 Months | Current |
| Vijaya Francis Tuscano | Director | 02 Sep 2002 | 24 Years 1 Months | Current |
| Makarand Mukund Siddheshwar | Director | 02 Sep 2002 | 24 Years 1 Months | Current |
| Frizol Francis Tuscano Also directs: FJT Technologies Private Limited | Director | 30 Sep 2025 | 1 Years 0 Months | Current |
| Clifton Francis Tuscano Also directs: FJT Technologies Private Limited | Director | 30 Sep 2025 | 1 Years 0 Months | Current |
Peer comparison
Thermovision Technologies (India ) Private Limited is compared with the 5 companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Biloree Cast (India) Pvt Ltd | ₹72.06 Cr (FY 2025) | 3.0% | Lodhika, Gujarat, India | |||
| Steelcon Impex Private Limited | ₹72.02 Cr (FY 2025) | 50.0% | Rajkot, Gujarat, India | |||
| Allround (India) Vegetable Processing Machines Private Limited | ₹71.92 Cr (FY 2024) | -7.0% | Ambala, Haryana, India | |||
| Thermovision Technologies (India ) Private Limitedthis company | ₹71.88 Cr (FY 2025) | ₹14.4 Cr | 20% | 71.0% | 31 | Vasai, Maharashtra, India |
| Kansara Modler Ltd. | ₹71.82 Cr (FY 2025) | 0.0% | Rajasthan, India | |||
| Fil Sep Equipments Private Limited | ₹71.64 Cr (FY 2024) | 26.0% | Vadodara, Gujarat, India |
To see the full peer comparison of Thermovision Technologies (India ) Private Limited, buy the company report.
Auditor
Thermovision Technologies (India ) Private Limited is audited by Ankush J. Mestry and Company for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Ankush J. Mestry and Company | FY 2023 | 128421W |
Shareholding
The shareholding of Thermovision Technologies (India ) 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 Thermovision Technologies (India ) Private Limited, buy the company report.
Charges & borrowings
Open charges
₹6.67 Cr
Satisfied charges
₹3.87 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Jan 2026 | 101236407 | Others | ₹46.5 Lakh | Open | |
| 21 Aug 2025 | 101155094 | Others | ₹5.16 Cr | Open | |
| 28 Feb 2024 | 100879393 | Others | ₹20 Lakh | Open | |
| 22 Feb 2024 | 100879385 | Others | ₹13 Lakh | Open | |
| 18 Apr 2023 | 100713142 | Others | ₹38 Lakh | Open |
To see the full charge records of Thermovision Technologies (India ) Private Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
Thermovision Technologies (India ) Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Total cases
1
Filed against the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Complaint ULP) | Filed against the company by an individual | Disposed |
To see the full case history of Thermovision Technologies (India ) 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Thermovision Technologies (India ) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Thermovision Technologies (India ) Private Limited has a workforce of 31 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
31
Active EPFO establishments
1
Employee growth
-3.12%
GST
Thermovision Technologies (India ) has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCT7718A1ZJ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Thermovision Technologies (India ) Private Limited, buy the company report.
Recent activity
Thermovision Technologies (India ) Private Limited has 5 board changes on record since 2002: 5 appointments. The latest: Clifton Francis Tuscano was appointed as Director on 30 Sep 2025.
Charges
A charge with Others amounted to Rs. 46.50 Lakh with Charge ID 101236407 was registered on 16 Jan 2026.
Charges
A charge with Others of Rs. 515.50 Lakh registered on 21 Aug 2025 with Charge ID 101155094 was modified on 06 Oct 2025.
AGM
Thermovision Technologies (India ) Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Appointed
Clifton Francis Tuscano was appointed as Director.
Appointed
Frizol Francis Tuscano was appointed as Director.
Charges
A charge registered on 31 May 2021 via Charge ID 100451559 with Others was fully satisfied on 25 Sep 2025.
Charges
A charge with Others amounted to Rs. 515.50 Lakh with Charge ID 101155094 was registered on 21 Aug 2025.
Filing
Thermovision Technologies (India ) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai Ii.
Charges
A charge with Others amounted to Rs. 20.00 Lakh with Charge ID 100879393 was registered on 28 Feb 2024.
Charges
A charge with Others amounted to Rs. 13.00 Lakh with Charge ID 100879385 was registered on 22 Feb 2024.
Charges
A charge with Others amounted to Rs. 38.00 Lakh with Charge ID 100713142 was registered on 18 Apr 2023.
Charges
A charge with Others amounted to Rs. 24.50 Lakh with Charge ID 100451559 was registered on 31 May 2021.
9 earlier events are in the company report.
Frequently asked questions
Thermovision Technologies (India ) is an active private limited company based in Vasai, Maharashtra, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 02 September 2002 (24+ years old) and is registered under CIN U29230MH2002PTC137030.
Thermovision Technologies (India ) has 5 current directors:
- Francis Tuscano Joseph - Director
- Vijaya Francis Tuscano - Director
- Makarand Mukund Siddheshwar - Director
- Frizol Francis Tuscano - Director
- Clifton Francis Tuscano - Director
The latest financial statements of Thermovision Technologies (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 2015 are in the company report.
The GSTIN of Thermovision Technologies (India ) is 27AABCT7718A1ZJ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Thermovision Technologies (India ) is U29230MH2002PTC137030. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Thermovision Technologies (India ) has 1 court case on record: 1 filed against it.
Thermovision Technologies (India ) was incorporated on 02 September 2002, making it 24+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Thermovision Technologies (India ) by revenue are Biloree Cast (India) Pvt Ltd, Steelcon Impex Private Limited, Allround (India) Vegetable Processing Machines Private Limited, Kansara Modler Ltd, Fil Sep Equipments Private Limited, all in the Machinery and Equipment industry (Industrial Products Manufacturers), with the same principal business activity (metal and metal products).
Clifton Francis Tuscano was appointed as Director on 30 Sep 2025. Frizol Francis Tuscano was appointed as Director on 30 Sep 2025. Francis Tuscano Joseph was appointed as Director on 02 Sep 2002. Thermovision Technologies (India ) has 5 board changes on record in total.
Yes, Thermovision Technologies (India ) is registered as a small enterprise under Udyam registration (number: UDYAM-MH-17-0064646).
Thermovision Technologies (India ) can be reached through the website thermovision.in. Its registered office is in Vasai, Maharashtra, India.