Elite Thermal Engineers P Ltd

Manufactures and exports industrial boilers, heaters, and generators for various sectors.

1994 | Pune, Maharashtra (India) | Active
Last Updated: October 24, 2024

Elite Thermal Engineers P Profile

Key Indicators

  • Authorised Capital ₹ 4.00 M
  • Paid Up Capital ₹ 3.50 M
  • Company Age 31 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.55 Cr
  • Satisfied Charges ₹ 4.31 Cr
  • Revenue Growth -18.91%
  • Profit Growth 20.66%
  • Ebitda 40.40%
  • Net Worth -541.05%
  • Total Assets 18.51%

About Elite Thermal Engineers P

Elite Thermal Engineers P Ltd (ETEPL) is a Private Limited Indian Non-Government Company incorporated in India on 05 January 1994 and has a history of 31 years and one month. Its registered office is in Pune, Maharashtra, India.

The Company is engaged in the Machinery And Equipment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 4.00 M and a paid-up capital of Rs 3.50 M.

The company currently has active open charges totaling ₹2.55 Cr. The company has closed loans amounting to ₹4.31 Cr, as per Ministry of Corporate Affairs (MCA) records.

Geeta Atre, Amol Atre, Kalpita Atre, and One other member serve as directors at the Company.

Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    elitethermal.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29198PN1994PTC166028

  • Company No.

    166028

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 Jan 1994

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Machinery and Equipment

What products or services does Elite Thermal Engineers P Ltd offer?

Elite Thermal Engineers P Ltd offers a wide range of products and services, including Heater, Thermostat & Heating Devices, Thermic Fluid Heaters, Switches & Switch Boxes, Pressure Switches, Industrial Valves & Valve Fittings, Safety & Pressure Relief Valves, Pumps, Pumping Machines & Spares, Fuel Pump, Boilers & Boiler Parts, Steam Boilers.

Who are the key members and board of directors at Elite Thermal Engineers P?

Executive Team (1)

NameDesignationAppointment DateStatus
Amol Atre Country flag representing In Managing Director24-Jun-2011Current

Board Members (3)

NameDesignationAppointment DateStatus
Geeta Atre Country flag representing In Director 05-Jan-1994Current
Kalpita Atre Country flag representing In Director 08-Jun-2015Current
Lalit Gandhi Country flag representing In Director 04-Dec-2015Current

Financial Performance of Elite Thermal Engineers P.

Elite Thermal Engineers P Ltd, for the financial year ended 2023, experienced significant reduction in revenue, with a 18.91% decrease. The company also saw a substantial improvement in profitability, with a 20.66% increase in profit. The company's net worth observed a substantial decline by a decrease of 541.05%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-18.91%
Revenue from Operations
-19.14%
Total Assets
18.51%
Profit or Loss
20.66%
Net Worth
-541.05%
EBITDA
40.40%

What is the Ownership and Shareholding Structure of Elite Thermal Engineers P?

In 2023, Elite Thermal Engineers P had a promoter holding of 54.29% and a public holding of 45.71%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹25.50 M

Satisfied Charges

₹43.05 M

Charges Breakdown by Lending Institutions

  • The Saraswat Co-Operative Bank Limited : 2.55 Cr

Latest Charge Details

DateLenderAmountStatus
29 Sep 2008The Saraswat Co-Operative Bank Limited₹1.75 CrOpen
29 Sep 2008The Saraswat Co-Operative Bank Limited₹8.00 MOpen
14 Dec 2015The Saraswat Co-Operative Bank Limited₹0.72 MSatisfied
11 Sep 2014Mahindra And Mahindra Financial Services Limited₹0.44 MSatisfied
11 Feb 2013Bank Of Maharashtra₹8.50 MSatisfied

How Many Employees Work at Elite Thermal Engineers P?

Unlock and access historical data on people associated with Elite Thermal Engineers P, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Elite Thermal Engineers P, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Elite Thermal Engineers P's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Elite Thermal Engineers P

Recent activity within the organization

  • Annual General Meeting

    Elite Thermal Engineers P Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Elite Thermal Engineers P Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.

    31 Mar 2024

  • Charges

    A charge registered on 14 Dec 2015 via Charge ID 10611564 with The Saraswat Co-Operative Bank Limited was fully satisfied on 26 Jul 2021.

    26 Jul 2021

  • Charges

    A charge registered on 24 Dec 2008 via Charge ID 10137179 with The Saraswat Co - Operative Bank Limited was fully satisfied on 12 Apr 2017.

    12 Apr 2017

  • Charges

    A charge registered on 11 Feb 2013 via Charge ID 10409745 with Bank Of Maharashtra was fully satisfied on 31 Aug 2016.

    31 Aug 2016

  • Charges

    A charge with The Saraswat Co-Operative Bank Limited amounted to Rs. 0.72 M with Charge ID 10611564 was registered on 14 Dec 2015.

    14 Dec 2015

Frequently asked questions

  • Elite Thermal Engineers P Ltd was incorporated on 05 Jan 1994.

  • The authorized share capital of Elite Thermal Engineers P Ltd is ₹ 4.00 M and paid-up capital is ₹ 3.50 M.

  • Currently 4 directors are associated with Elite Thermal Engineers P Ltd.

    • Geeta Dilip Atre
    • Amol Dilip Atre
    • Kalpita Amol Atre
    • Lalit Khemchand Gandhi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Elite Thermal Engineers P Ltd is Office Nos. 3B 3C 3D 1St Floor Samruddhi Enclave Plot No.22 S.No. 46 Ctc 3925, Near Mukt Angan Sch India, Pune, Maharashtra, 411009.

  • The corporate identification number (CIN) of Elite Thermal Engineers P Ltd is U29198PN1994PTC166028 and the company number is 166028 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Elite Thermal Engineers P Ltd is https://www.elitethermal.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Elite Thermal Engineers P Ltd has fallen by -18.91%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Elite Thermal Engineers P Ltd has experienced an downturn of -541.05%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Elite Thermal Engineers P Ltd amount to ₹ 2.55 Cr.

  • The most recent Balance Sheet for Elite Thermal Engineers P Ltd was filed with the ROC on 31 Mar 2024.

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