MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-18-0001883
Unitherm Engineers Limited - engineering in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹83.38 Cr
▲ 12% YoY
Net profit · FY 2025
₹9.6 Cr
Net margin 11.5%
EBITDA · FY 2025
₹23.48 Cr
EBITDA margin 28.2%
Authorised capital
₹15 Cr
Registered with MCA
Paid-up capital
₹8.48 Cr
Issued & subscribed
Open charges
₹433.81 Cr
Satisfied ₹54.85 Cr
Company age
33 yrs
Est. 1993
Employees · EPFO
115
Provident fund records
About Unitherm Engineers Limited
Data last updated:
Unitherm Engineers Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the metal foundry and fabrication services segment of the engineering sector. It was incorporated on 29 January 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U99999MH1993PLC070584. Its GSTIN is 27AAACU4041L1ZA (Maharashtra). The company holds 6 GST registrations, all of them active.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹8.48 Cr. It was formerly known as Unitherm Engineers Private Limited. It is led by directors including Aditya Ramnarain Bakshi (Managing Director) and Marcel Raymond Parker.
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 Office Premises No. 6C 6th Floor Trust House 35 Hospital Avenue, Dr. E. Borges Road Parel Mumbai 400012, Maharashtra, India – 400012.
As per the financials filed for FY 2025, the company reported a revenue of ₹83.38 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹9.6 Cr (net margin 11.5%) and EBITDA of ₹23.48 Cr (EBITDA margin 28.2%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 14% over five years.
The company has about 115 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Unitherm Engineers. As per MCA filings, the company has open charges of ₹433.81 Cr and satisfied charges of ₹54.85 Cr on record. Court records list 8 cases involving the company, including 8 filed by the company; 1 case is pending. The company has 23 deals on record (14 secondary share transfers, 5 funding rounds, 3 rights issues), with disclosed funding of ₹12.64 Cr; the latest was in July 2021. The company has 8 MSME Form 1 returns on record between 2021 and 2023, listing 438 overdue payments to 68 micro and small suppliers.
Unitherm Engineers Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0001883). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website unithermfurnaces.com.
Company details
CIN U99999MH1993PLC070584
Registration Number 070584
Incorporation Date 29 January 1993
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 Medium
Udyam Registration UDYAM-MH-18-0001883
CIN history
Unitherm Engineers has one previous CIN (Corporate Identification Number): U99999MH1993PTC070584. The current CIN is U99999MH1993PLC070584, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U99999MH1993PLC070584 | Current |
| U99999MH1993PTC070584 | Previous |
Key People
Aditya Ramnarain Bakshi Managing Director Marcel Raymond Parker Director Ramnarain Jagannath Bakshi Director Recognitions & Rankings of Unitherm Engineers
Contact details
Unitherm Engineers Limited's registered office is in Mumbai, Maharashtra. Its website is unithermfurnaces.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOffice Premises No. 6C 6th Floor Trust House 35 Hospital Avenue, Dr. E. Borges Road Parel Mumbai 400012, Maharashtra, India – 400012
- IndustryEngineering, Metal Foundry & Fabrication Services
To see the full contact details of Unitherm Engineers Limited, buy the company report.
Comprehensive company report
Unitherm Engineers 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
Unitherm Engineers operates one associated brand: Unitherm Engineers. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Industrial furnaces are manufactured by Unitherm Engineers in Mumbai. | unithermfurnaces.com |
Business activity
The main business activity of Unitherm Engineers is professional, scientific and technical. In detail, this covers architecture, engineering activities, technical testing and analysis activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M4 | Architecture, engineering activities, technical testing and analysis activities |
To see the full business activity and turnover split of Unitherm Engineers Limited, buy the company report.
Financials of Unitherm Engineers Limited
FY 2025 filings availableUnitherm Engineers Limited reported revenue of ₹83.38 Cr (up 12% YoY) for FY 2025.
Revenue · FY 2025
₹83.38 Cr ▲ 12%
Net profit · FY 2025
₹9.6 Cr margin 11.5%
EBITDA · FY 2025
₹23.48 Cr margin 28.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 12%
3 years · compounded
▲ 17%
5 years · compounded
▲ 14%
EBITDA CAGR growth
1 year
▼ 6%
3 years · compounded
▲ 9%
5 years · compounded
▲ 21%
Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 12% growth in the latest year. EBITDA fell 6% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹83.38 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹23.48 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹9.6 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 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 28.2% | ||||
| Net Profit Margin | 11.5% | ||||
| 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 Unitherm Engineers Limited, buy the company report.
Board of directors of Unitherm Engineers Limited
Unitherm Engineers has 6 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Marcel Raymond Parker Also directs: Edtechsurge LLP, Shaolin Trusteeship Private Limited | Director | 21 Jun 2022 | 4 Years 4 Months | Current |
| Ramnarain Jagannath Bakshi | Director | 29 Jan 1993 | 33 Years 8 Months | Current |
| Mathew Eipe Also directs: Godrej Industries Limited, Astec Lifesciences Limited, Godrej Seeds & Genetics Limited and 1 more | Director | 01 Sep 2017 | 9 Years 1 Months | Current |
| Viren Ajit Joshi Also directs: Nvgen Automation Private Limited, Poojaa Precision Engg. Limited, Salus Global Hazmat Technologies Private Limited and 1 more | Director | 23 Jan 2024 | 2 Years 9 Months | Current |
| Raman Nanda Also directs: Bharat Gears Limited, Step Transformations Private Limited, Cit Ventures Private Limited and 1 more | Director | 18 Oct 2022 | 4 Years 0 Months | Current |
| Aditya Ramnarain Bakshi Also directs: Unitherm Diamonds LLP, Indo-German Vacu Treat Private Limited, Innovae3d Private Limited and 2 more | Managing Director | 01 Dec 2011 | 14 Years 10 Months | Current |
Auditor
Unitherm Engineers Limited is audited by Suresh Surana & Associates LLP for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Suresh Surana & Associates LLP | FY 2025 | 121750W/W100010 |
Shareholding
The shareholding of Unitherm Engineers Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Unitherm Engineers Limited, buy the company report.
Charges & borrowings
Open charges
₹433.81 Cr
Satisfied charges
₹54.85 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Jul 2026 | 101343890 | Others | ₹79 Lakh | Open | |
| 23 Jul 2026 | 101348821 | Others | ₹1.5 Cr | Open | |
| 09 Jul 2026 | 101332139 | Others | ₹1.63 Cr | Open | |
| 23 Jun 2026 | 101333929 | Others | ₹1.42 Cr | Open | |
| 17 Nov 2025 | 101192667 | Others | ₹22.27 Lakh | Open |
To see the full charge records of Unitherm Engineers Limited, buy the company report.
Total charge records: 53 View all charges
Deals & funding
Unitherm Engineers Limited has 23 deals on record (14 secondary share transfers, 5 funding rounds, 3 rights issues), with disclosed funding of ₹12.64 Cr; the latest was in July 2021.
Total deals
23
Secondary share transfers
14
Funding rounds
5
Rights issues
3
Debt financing
1
Disclosed funding
₹12.64 Cr
Deals on record (5 of 23)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2021 | Rights issue | ₹3.49 Cr | Investors: 4 individuals |
| Feb 2018 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Dec 2017 | Rights issue | ₹2.12 Cr | Investors: 4 individuals |
| Sep 2017 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| Sep 2016 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Others- Unitherm Engineers Ltd, 2 individuals |
To see the full deal history of Unitherm Engineers Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Unitherm Engineers Limited has 8 court cases on record: 8 filed by Unitherm Engineers. 1 case is pending and 7 are disposed.
Total cases
8
Filed by the company
8
Pending
1
Disposed
7
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 0 | 1 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Court case (Reg.Sum.Suit) | Filed by the company against Trinity India Limited | Disposed |
| District court, Pune, Maharashtra | Court case (Spl.Sum.Suit) | Filed by the company against Trinity India Limited | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
| District court, Pune, Maharashtra | Court case (M.C.A.) | Filed by the company against an individual | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Prem Industries Through Shailendra M Jaiswal | Disposed |
To see the full case history of Unitherm Engineers 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
Unitherm Engineers Limited was last rated by Crisil on 30 Jan 2018.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 30 Jan 2018 |
To see the full credit ratings and regulatory alerts of Unitherm Engineers Limited, buy the company report.
MSME payment delays
Unitherm Engineers Limited has 8 MSME Form 1 returns on record between 2021 and 2023, listing 438 overdue payments to 68 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 68)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Hardcastle Petrofer Private Limited | |||
| Aggarwal Soundcast Private Limited | |||
| Aichelin Unitherm Heat Treatment Systems India Private Limited | |||
| an individual supplier | |||
| Shreeyash Industrial Materials (India) Private Limited |
To see the full MSME payment records of Unitherm Engineers Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Unitherm Engineers has 1 subsidiary company and 3 associated companies. This group structure data is as of FY 2025. The table lists each entity with its relationship and holding.
1
Subsidiary companies
3
Associated companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Private Limited | U36100MH2018PTC315832 |
To see the full group structure of Unitherm Engineers Limited, buy the company report.
Employees & EPFO
Unitherm Engineers Limited has a workforce of 115 employees on its EPFO records as of Sep 23, 2025, across 1 active EPFO establishment.
Employee count
115
Active EPFO establishments
1
Employee growth
7.48%
GST
Unitherm Engineers has 6 GST registrations: 6 active. The first 4 active GSTINs are listed below.
Total GSTINs
6
Active
6
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACU4041L1ZA | Maharashtra | Active | 01 Jul 2017 |
| 27AAACU4041L2Z9 | Maharashtra | Active | 29 Mar 2025 |
| 08AAACU4041L1ZA | Rajasthan | Active | 01 Jul 2017 |
| 29AAACU4041L1Z6 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Unitherm Engineers Limited, buy the company report.
Recent activity
Unitherm Engineers Limited has 14 board changes on record since 1993: 6 appointments and 8 cessations. The latest: Viren Ajit Joshi was appointed as Director on 23 Jan 2024.
Charges
A charge registered on 01 Jun 2018 via Charge ID 100184838 with Others was fully satisfied on 11 Sep 2026.
Charges
A charge with Others of Rs. 61.76 Cr registered on 04 Jun 2025 with Charge ID 101107847 was modified on 27 Aug 2026.
Charges
A charge with Others of Rs. 86.60 Cr registered on 19 Jan 2011 with Charge ID 10266999 was modified on 18 Aug 2026.
Charges
A charge with Others amounted to Rs. 0.79 Cr with Charge ID 101343890 was registered on 23 Jul 2026.
Charges
A charge with Others amounted to Rs. 1.50 Cr with Charge ID 101348821 was registered on 23 Jul 2026.
Charges
A charge with Others amounted to Rs. 1.63 Cr with Charge ID 101332139 was registered on 09 Jul 2026.
Charges
A charge with Others amounted to Rs. 1.42 Cr with Charge ID 101333929 was registered on 23 Jun 2026.
Charges
A charge with Others of Rs. 22.00 Cr registered on 30 May 2022 with Charge ID 100581208 was modified on 24 Feb 2026.
Charges
A charge with Others of Rs. 84.31 Cr registered on 28 Jan 2011 with Charge ID 10267046 was modified on 20 Feb 2026.
Charges
A charge with Others of Rs. 44.66 Cr registered on 14 Jul 2010 with Charge ID 10232200 was modified on 04 Feb 2026.
Charges
A charge with Others amounted to Rs. 0.22 Cr with Charge ID 101192667 was registered on 17 Nov 2025.
Charges
A charge with Sidbi amounted to Rs. 6.50 Cr with Charge ID 101191211 was registered on 09 Oct 2025.
88 earlier events are in the company report.
Frequently asked questions
Unitherm Engineers is an active public limited company based in Mumbai, Maharashtra, India. The company works in metal foundry and fabrication services, within the engineering industry. It was incorporated on 29 January 1993 (33+ years old) and is registered under CIN U99999MH1993PLC070584.
Unitherm Engineers has 6 current directors:
- Aditya Ramnarain Bakshi - Managing Director
- Marcel Raymond Parker - Director
- Ramnarain Jagannath Bakshi - Director
- Mathew Eipe - Director
- Viren Ajit Joshi - Director
- Raman Nanda - Director
The latest financial statements of Unitherm Engineers 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 Unitherm Engineers is 27AAACU4041L1ZA, registered in Maharashtra. The company has 6 GST registrations in all, of which 6 are active. Other active GSTINs include 27AAACU4041L2Z9 (Maharashtra), 08AAACU4041L1ZA (Rajasthan), 29AAACU4041L1Z6 (Karnataka).
The CIN (Corporate Identification Number) of Unitherm Engineers is U99999MH1993PLC070584. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Unitherm Engineers has 8 court cases on record: 8 filed by the company. 1 is pending.
Unitherm Engineers was incorporated on 29 January 1993, making it 33+ years old. It is registered with the Registrar of Companies, Mumbai.
Unitherm Engineers has 23 deals on record (14 secondary share transfers, 5 funding rounds, 3 rights issues), with disclosed funding of ₹12.64 Cr; the latest was in July 2021.
Viren Ajit Joshi was appointed as Director on 23 Jan 2024. Naresh Bhagwandas Ramchandani ceased to be Director on 19 Oct 2022. Raman Nanda was appointed as Director on 18 Oct 2022. Unitherm Engineers has 14 board changes on record in total.
Yes, Unitherm Engineers is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-18-0001883).
Unitherm Engineers has 8 MSME Form 1 returns on record between 2021 and 2023, listing 438 overdue payments to 68 micro and small suppliers. The latest return was filed on 03 Sep 2023.