Thermax Babcock & Wilcox Energy Solutions Limited

Manufactures boilers for thermal power plants in Maharashtra.

2010 | Mumbai, Maharashtra (India) | Active
Last Updated: January 01, 2025

Thermax Babcock & Wilcox Energy Solutions Profile

Key Indicators

  • Authorised Capital ₹ 1,000.00 Cr
  • Paid Up Capital ₹ 628.22 Cr
  • Company Age 14 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 705.00 Cr
  • Satisfied Charges ₹ 1,342.00 Cr
  • Revenue Growth 30.02%
  • Profit Growth 635.88%
  • Ebitda 42.73%
  • Net Worth 12.45%
  • Total Assets 26.07%

About Thermax Babcock & Wilcox Energy Solutions

Thermax Babcock & Wilcox Energy Solutions Limited (TBWESL) is a leading Public Limited Indian Non-Government Company incorporated in India on 26 June 2010 and has a history of 14 years and seven months. Its registered office is in Mumbai, Maharashtra.

The Corporate was formerly known as Thermax Babcock & Wilcox Energy Solutions Private Limited. 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 1,000.00 Cr and a paid-up capital of Rs 628.22 Cr.

The company currently has active open charges totaling ₹705.00 Cr. The company has closed loans amounting to ₹1,342.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Thermax Babcock & Wilcox Energy Solutions Limited India are Bhavesh Chheda as Cfo, Rajesh Bukinkere as Ceo, and Apurva Gupte as Company Secretary. Ashish Bhandari, Shyamak Tata, Rajendran Arunachalam, and Three other members serve as directors at the Company.

Company Details

  • Location Mumbai, Maharashtra
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    tbwes.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29253MH2010PLC204890

  • Company No.

    204890

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    26 Jun 2010

  • Date of AGM

    30 Jul 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Machinery and Equipment

What products or services does Thermax Babcock & Wilcox Energy Solutions Limited offer?

Thermax Babcock & Wilcox Energy Solutions Limited offers a wide range of products and services, including VFD, PLC, HMI & Control Equipments, Industrial Control Systems, Industrial Boilers, Waste Heat Recovery Boilers.

Who are the key members and board of directors at Thermax Babcock & Wilcox Energy Solutions?

Executive Team (3)

NameDesignationAppointment DateStatus
Bhavesh Chheda CFO29-Jul-2021Current
Rajesh Bukinkere Country flag representing In CEO05-Mar-2024Current
Apurva Gupte Country flag representing In Company Secretary29-Mar-2018Current

Board Members (6)

NameDesignationAppointment DateStatus
Ashish Bhandari Country flag representing Us Director 12-Jun-2020Current
Shyamak Tata Country flag representing In Director 06-Feb-2024Current
Rajendran Arunachalam Country flag representing In Director 07-Jun-2019Current
Rajesh Bukinkere Country flag representing In Director and Ceo 06-Feb-2024Current
Pravin Karve Country flag representing In Director 07-Jun-2019Current
Rajani Kesari Country flag representing In Director 13-May-2021Current

Financial Performance of Thermax Babcock & Wilcox Energy Solutions.

Thermax Babcock & Wilcox Energy Solutions Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 30.02% increase. The company also saw a substantial improvement in profitability, with a 635.88% increase in profit. The company's net worth Soared by an impressive increase of 12.45%.

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
30.02%
Revenue from Operations
29.45%
Total Assets
26.07%
Profit or Loss
635.88%
Net Worth
12.45%
EBITDA
42.73%

What is the Ownership and Shareholding Structure of Thermax Babcock & Wilcox Energy Solutions?

In 2021, Thermax Babcock & Wilcox Energy Solutions had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹705.00 Cr

Satisfied Charges

₹1,342.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 400.00 Cr
  • Citi Bank N.A. : 305.00 Cr

Latest Charge Details

DateLenderAmountStatus
26 Aug 2024Citi Bank N.A.₹305.00 CrOpen
23 Mar 2024Others₹400.00 CrOpen
06 Apr 2015Icici Bank Limited₹130.00 CrSatisfied
25 Nov 2011State Bank Of India₹525.00 CrSatisfied
16 Nov 2011Sbicap Trustee Company Limited₹437.00 CrSatisfied

How Many Employees Work at Thermax Babcock & Wilcox Energy Solutions?

Unlock and access historical data on people associated with Thermax Babcock & Wilcox Energy Solutions, 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 Thermax Babcock & Wilcox Energy Solutions, 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 Thermax Babcock & Wilcox Energy Solutions'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 Thermax Babcock & Wilcox Energy Solutions

Recent activity within the organization

  • Charges

    A charge with Citi Bank N.A. amounted to Rs. 305.00 Cr with Charge ID 100976728 was registered on 26 Aug 2024.

    26 Aug 2024

  • Annual General Meeting

    Thermax Babcock & Wilcox Energy Solutions Limited last Annual general meeting of members was held on 30 Jul 2024 as per latest MCA records.

    30 Jul 2024

  • Balance Sheet

    Thermax Babcock & Wilcox Energy Solutions Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 400.00 Cr with Charge ID 100888017 was registered on 23 Mar 2024.

    23 Mar 2024

  • Director Appointment

    Rajesh Channakeshaviah Bukinkere was appointed as a Ceo was appointed as a Ceo on 05 Mar 2024 & has been associated with this company since 11 months 19 days .

    05 Mar 2024

  • Director Appointment

    Shyamak Ramyar Tata was appointed as a Director was appointed as a Director on 06 Feb 2024 & has been associated with this company since 1 year 16 days .

    06 Feb 2024

Frequently asked questions

  • Thermax Babcock & Wilcox Energy Solutions Limited was incorporated on 26 Jun 2010.

  • The authorized share capital of Thermax Babcock & Wilcox Energy Solutions Limited is ₹ 1,000.00 Cr and paid-up capital is ₹ 628.22 Cr.

  • Currently 9 directors are associated with Thermax Babcock & Wilcox Energy Solutions Limited.

    • Ashish Bhandari
    • Shyamak Ramyar Tata
    • Rajendran Arunachalam
    • Rajesh Channakeshaviah Bukinkere
    • Bhavesh Ratilal Chheda
    • Rajesh Channakeshaviah Bukinkere
    • Apurva Ajit Gupte
    • Pravin Damodar Karve
    • Rajani Kesari
  • As per Ministry of Corporate Affairs (Mca), the registered address of Thermax Babcock & Wilcox Energy Solutions Limited is Dhanraj Mahal 2Nd Floor Chhatrapati Shivaji Maharaj Marg Near Regal Cinema, Colaba India, Mumbai, Maharashtra, 400039.

  • The corporate identification number (CIN) of Thermax Babcock & Wilcox Energy Solutions Limited is U29253MH2010PLC204890 and the company number is 204890 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Thermax Babcock & Wilcox Energy Solutions Limited is https://www.tbwes.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Thermax Babcock & Wilcox Energy Solutions Limited has risen by 30.02%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Thermax Babcock & Wilcox Energy Solutions Limited has experienced an upsurge of 12.45%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Thermax Babcock & Wilcox Energy Solutions Limited amount to ₹ 705.00 Cr.

  • The most recent Balance Sheet for Thermax Babcock & Wilcox Energy Solutions Limited was filed with the ROC on 31 Mar 2024.

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