About Towertech Cooling System Private Limited
Data last updated:
Towertech Cooling System Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 18 June 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29191GJ2004PTC044336. Its GSTIN is 24AACCT0755G1ZL (Gujarat).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹20 Lakh. It is led by directors including Gaurang Chimanbhai Patel and Daxaben Gaurang Patel.
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 Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.03 Cr, a decline of 17% compared to the previous year. For the same year it recorded a net profit of ₹7.15 Lakh (net margin 1.2%) and EBITDA of ₹15.53 Lakh (EBITDA margin 2.6%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 7% over five years.
The company has about 20 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.05 Cr and satisfied charges of ₹1.3 Cr 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 towertechindia.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressB – 103 Synergy Opp. Commerce House Nr. Vodafone House Corporate Road Prahl, Adnagar, Ahmedabad, Gujarat, India – 380015
- IndustryEnergy and Power, Power Equipment Manufacturers
- 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
Business Activity of Towertech Cooling System Private Limited
The main business activity of Towertech Cooling System 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.
Financials of Towertech Cooling System Private Limited FY 2025 filings available
Towertech Cooling System Private Limited reported revenue of ₹6.03 Cr (down 17% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Towertech Cooling System Private Limited
Revenue fell 17% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 7%. EBITDA fell 23% 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 Towertech Cooling System 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 | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹15.53 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹7.15 Lakh | •••• | •••• | •••• | •••• |
| 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 Towertech Cooling System Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.2% | •••• | •••• | •••• | •••• |
| 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 Towertech Cooling System 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.
Peer Comparison of Towertech Cooling System Private Limited
Towertech Cooling System Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Compressors). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Airmaster Indo Plast Private Limited | •••• | •••• | •••• | •••• | 40 | Chennai, Tamil Nadu, India |
| Xtreme Coolers Private Limited | •••• | •••• | •••• | •••• | 16 | New Delhi, Delhi, India |
| RS Air Conditioners Hyderabad Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Transmonk India Private Limited | •••• | •••• | •••• | •••• | - | Khed, Maharashtra, India |
| Vectra Hvac Solutions Private Limited | •••• | •••• | •••• | •••• | - | Bengaluru, Karnataka, India |
| Towertech Cooling System Private Limited this company | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
| Innovac Controls Private Limited | •••• | •••• | •••• | •••• | 10 | Chennai, Tamil Nadu, India |
| B M Airconditioning Private Limited | •••• | •••• | •••• | •••• | - | U T, Chandigarh, India |
| Sarv Airtech Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Ahe Technologies Private Limited | •••• | •••• | •••• | •••• | - | Karad, Maharashtra, India |
| Sagar Engitech Private Limited | •••• | •••• | •••• | •••• | 11 | Jodhpur, Rajasthan, India |
Peers are the five companies nearest above and the five nearest below Towertech Cooling System by revenue in the Machinery and Equipment industry (Compressors), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Towertech Cooling System Private Limited
Towertech Cooling System Private Limited is audited by KOTHARI SANGAWAT & ASSOCIATES for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KOTHARI SANGAWAT & ASSOCIATES | 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 Towertech Cooling System Private Limited
Towertech Cooling System has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gaurang Chimanbhai Patel | Director | 18 Jun 2004 | 22 Years 3 Months | Current |
| Daxaben Gaurang Patel | Director | 10 Jan 2006 | 20 Years 8 Months | Current |
| Jigneshkumar Jitendrakumar Shah | Director | 18 Jun 2004 | 22 Years 3 Months | Current |
| Jigisha Jignesh Shah | Director | 10 Jan 2006 | 20 Years 8 Months | Current |
Ownership and Shareholding of Towertech Cooling System 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 Towertech Cooling System Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Mar 2023 | Hdfc Bank Limited | ₹4.99 Lakh | Open |
| 27 Apr 2018 | Others | ₹1 Cr | Open |
| 08 Nov 2011 | Kotak Mahindra Bank Limited | ₹70 Lakh | Satisfied |
| 26 Sep 2008 | State Bank of Hyderabad | ₹15 Lakh | Satisfied |
| 05 Sep 2008 | State Bank of Hyderabad | ₹40 Lakh | Satisfied |
Total charge records: 6 View all charges
Employees and EPFO Compliance at Towertech Cooling System Private Limited
Towertech Cooling System Private Limited has a workforce of 20 employees as of Mar 21, 2024.
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.
Recent Activity on Towertech Cooling System Private Limited
Towertech Cooling System Private Limited has 4 board changes on record since 2004: 4 appointments. The latest: Daxaben Gaurang Patel was appointed as Director on 10 Jan 2006.
7 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Towertech Cooling System 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 Towertech Cooling System 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 Towertech Cooling System 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.
GST Compliance of Towertech Cooling System Private Limited
Towertech Cooling System has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCT0755G1ZL | Gujarat | 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.
MCA Filings & Documents of Towertech Cooling System 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.
Frequently Asked Questions about Towertech Cooling System Private Limited
Towertech Cooling System is an active private limited company based in Ahmedabad, Gujarat, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 18 June 2004 (22+ years old) and is registered under CIN U29191GJ2004PTC044336.
Towertech Cooling System reported revenue of ₹6.03 Cr for FY 2025 (down 17% YoY).
Towertech Cooling System has 4 current directors:
- Gaurang Chimanbhai Patel - Director
- Daxaben Gaurang Patel - Director
- Jigneshkumar Jitendrakumar Shah - Director
- Jigisha Jignesh Shah - Director
Towertech Cooling System reported a net profit of ₹7.15 Lakh (net margin 1.2%) and EBITDA of ₹15.53 Lakh (EBITDA margin 2.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Towertech Cooling System is -6% over three years and 7% over five years. In the latest year (FY 2025) revenue fell 17%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Towertech Cooling System is 24AACCT0755G1ZL, registered in Gujarat.
The CIN (Corporate Identification Number) of Towertech Cooling System is U29191GJ2004PTC044336. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Towertech Cooling System was incorporated on 18 June 2004, making it 22+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Towertech Cooling System by revenue are Airmaster Indo Plast Private Limited, Xtreme Coolers Private Limited, RS Air Conditioners Hyderabad Private Limited, Transmonk India Private Limited, Vectra Hvac Solutions Private Limited and 5 more, all in the Machinery and Equipment industry (Compressors).
Daxaben Gaurang Patel was appointed as Director on 10 Jan 2006. Jigisha Jignesh Shah was appointed as Director on 10 Jan 2006. Gaurang Chimanbhai Patel was appointed as Director on 18 Jun 2004. Towertech Cooling System has 4 board changes on record in total.
Towertech Cooling System can be reached through the website towertechindia.com. Its registered office is in Ahmedabad, Gujarat, India.