
X- Therm Works Private Limited
About X- Therm Works Private Limited
Data last updated:
X- Therm Works Private Limited was a private limited company based in Thane, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the support services segment of the services sector. It was incorporated on 29 January 2011.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2011PTC212804. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors including Haribansh Pannalal Verma and Wilson Sebastian Fernandez.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at Plot No.28 Shop No.1 Sai Drishti C.H.S Near Bal Shiv Ganganagar Ambernath (East), Thane, Maharashtra, India – 421501.
As per the financials filed for FY 2022, the company reported a revenue of ₹60,183, a decline of 55% compared to the previous year. For the same year it recorded a net loss of ₹9,021 (net margin -15%) and EBITDA of -₹9,021 (EBITDA margin -15%). Revenue has declined at a compounded annual rate (CAGR) of 76% over three years and 39% over five years.
The company had about 12 employees on its provident fund (EPFO) records before it was struck off.
Court records list 2 cases involving the company, including 2 filed by the company.
Company details
Contact details
X- Therm Works Private Limited's registered office is in Thane, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No.28 Shop No.1 Sai Drishti C.H.S Near Bal Shiv Ganganagar Ambernath (East), Thane, Maharashtra, India – 421501
- IndustryService, Other Support Services
To see the full contact details of X- Therm Works 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 X- Therm Works Private Limited
FY 2022 filings availableX- Therm Works Private Limited reported revenue of ₹60,183 (down 55% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 39% over five years, including a 55% fall in the latest year. EBITDA rose 96% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| 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 | -₹9,021 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹9,021 | ||||
| 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -15% | ||||
| Net Profit Margin | -15% | ||||
| 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 X- Therm Works Private Limited, buy the company report.
Board of directors of X- Therm Works Private Limited
X- Therm Works has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Haribansh Pannalal Verma | Director | 29 Jan 2011 | 15 Years 9 Months | As last reported |
| Wilson Sebastian Fernandez | Director | 29 Jan 2011 | 15 Years 9 Months | As last reported |
| Ramsaware Mayaram Yadav | Director | 29 Jan 2011 | 15 Years 9 Months | As last reported |
Auditor
X- Therm Works Private Limited is audited by BIPIN D KARANI for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BIPIN D KARANI | FY 2017 | 035433 |
Shareholding
The shareholding of X- Therm Works Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of X- Therm Works Private Limited, buy the company report.
Legal cases
X- Therm Works Private Limited has 2 court cases on record: 2 filed by X- Therm Works. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Ref-IDA) | Filed by the company against an individual | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Ref-IDA) | Filed by the company against an individual | Disposed |
To see the full case history of X- Therm Works 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 X- Therm Works Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
X- Therm Works has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of X- Therm Works Private Limited, buy the company report.
Recent activity
X- Therm Works Private Limited has 7 board changes on record since 2011: 3 appointments and 4 cessations. The latest: Dhanesh Mishreelal Prajapati ceased to be Director on 20 Mar 2021.
Frequently asked questions
X- Therm Works has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
X- Therm Works was a private limited company based in Thane, Maharashtra, India. The company worked in other support services, within the service industry. It was incorporated on 29 January 2011 and is registered under CIN U74999MH2011PTC212804. The company has been struck off by the Registrar of Companies and is no longer operational.
X- Therm Works had 3 directors:
- Haribansh Pannalal Verma - Director
- Wilson Sebastian Fernandez - Director
- Ramsaware Mayaram Yadav - Director
The CIN (Corporate Identification Number) of X- Therm Works is U74999MH2011PTC212804. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of X- Therm Works is at Plot No.28 Shop No.1 Sai Drishti C.H.S Near Bal Shiv Ganganagar Ambernath East, Thane, Maharashtra, India – 421501.
X- Therm Works was incorporated on 29 January 2011. It is registered with the Registrar of Companies, Mumbai.
The latest financial statements of X- Therm Works on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
No. X- Therm Works has 2 GST registrations on record and all of them are cancelled or inactive.
X- Therm Works operated in the service industry, in the other support services segment. It worked in this industry before it was struck off.
X- Therm Works has 2 court cases on record: 2 filed by the company.

