Thermax Cooling Solutions Limited

Manufacturer of power plant accessories and equipment for large power plants, specializing in emission control and thermal efficiency improvement.

2009 | Pune, Maharashtra (India) | Active
Last Updated: January 01, 2025

Thermax Cooling Solutions Profile

Key Indicators

  • Authorised Capital ₹ 50.00 Cr
  • Paid Up Capital ₹ 20.00 Cr
  • Company Age 15 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 8.00 Cr
  • Revenue Growth 29.56%
  • Profit Growth 47.50%
  • Ebitda 55.44%
  • Net Worth 34.29%
  • Total Assets -15.52%

About Thermax Cooling Solutions

Thermax Cooling Solutions Limited (TCSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 06 October 2009 and has a history of 15 years and four months. Its registered office is in Pune, Maharashtra, India.

The Corporate was formerly known as Thermax Spx Energy Technologies 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 2023. It's a company limited by shares with an authorized capital of Rs 50.00 Cr and a paid-up capital of Rs 20.00 Cr.

The company has closed loans amounting to ₹8.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Thermax Cooling Solutions Limited India are Ajit Sharma as CFO and Karan Parakh as Company Secretary. Bhavesh Chheda, Kirtiraj Jilkar, and Sandeep Deshpande serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U29299PN2009PLC134761

  • Company No.

    134761

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    06 Oct 2009

  • Date of AGM

    25 Jul 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Machinery and Equipment

Who are the key members and board of directors at Thermax Cooling Solutions?

Executive Team (2)

NameDesignationAppointment DateStatus
Ajit Sharma Country flag representing In CFO27-Jul-2021Current
Karan Parakh Company Secretary02-Feb-2023Current

Board Members (3)

NameDesignationAppointment DateStatus
Bhavesh Chheda Country flag representing In Additional Director 17-Apr-2024Current
Kirtiraj Jilkar Country flag representing In Director 28-Jul-2022Current
Sandeep Deshpande Country flag representing In Director 03-Nov-2022Current

Financial Performance of Thermax Cooling Solutions.

Thermax Cooling Solutions Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 29.56% increase. The company also saw a substantial improvement in profitability, with a 47.5% increase in profit. The company's net worth Soared by an impressive increase of 34.29%.

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
29.56%
Revenue from Operations
30.31%
Total Assets
-15.52%
Profit or Loss
47.50%
Net Worth
34.29%
EBITDA
55.44%

What is the Ownership and Shareholding Structure of Thermax Cooling Solutions?

In 2023, Thermax Cooling 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

₹0

Satisfied Charges

₹8.00 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 8.00 Cr

Latest Charge Details

DateLenderAmountStatus
26 Mar 2010Axis Bank Limited₹8.00 CrSatisfied

How Many Employees Work at Thermax Cooling Solutions?

Thermax Cooling Solutions has a workforce of 15 employees as of Apr 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Thermax Cooling 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 Cooling 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 Cooling Solutions

Recent activity within the organization

  • Director Appointment

    Bhavesh Ratilal Chheda was appointed as a Additional Director was appointed as a Additional Director on 17 Apr 2024 & has been associated with this company since 10 months 6 days .

    17 Apr 2024

  • Annual General Meeting

    Thermax Cooling Solutions Limited last Annual general meeting of members was held on 25 Jul 2023 as per latest MCA records.

    25 Jul 2023

  • Balance Sheet

    Thermax Cooling Solutions Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.

    31 Mar 2023

  • Director Appointment

    Karan Ajit Parakh was appointed as a Company Secretary was appointed as a Company Secretary on 02 Feb 2023 & has been associated with this company since 2 years 20 days .

    02 Feb 2023

  • Director Appointment

    Sandeep Prabhakar Deshpande was appointed as a Director was appointed as a Director on 03 Nov 2022 & has been associated with this company since 2 years 3 months .

    03 Nov 2022

  • Director Appointment

    Kirtiraj Rajendra Jilkar was appointed as a Director was appointed as a Director on 28 Jul 2022 & has been associated with this company since 2 years 6 months .

    28 Jul 2022

Recent News, Updates & Announcement

Frequently asked questions

  • Thermax Cooling Solutions Limited was incorporated on 06 Oct 2009.

  • The authorized share capital of Thermax Cooling Solutions Limited is ₹ 50.00 Cr and paid-up capital is ₹ 20.00 Cr.

  • Currently 5 directors are associated with Thermax Cooling Solutions Limited.

    • Bhavesh Ratilal Chheda
    • Kirtiraj Rajendra Jilkar
    • Sandeep Prabhakar Deshpande
    • Ajit Meghraj Sharma
    • Karan Ajit Parakh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Thermax Cooling Solutions Limited is Thermax House 14 Mumbai Road Wakdewadi, India, Pune, Maharashtra, 411003.

  • The corporate identification number (CIN) of Thermax Cooling Solutions Limited is U29299PN2009PLC134761 and the company number is 134761 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Thermax Cooling Solutions Limited is https://www.thermaxglobal.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Thermax Cooling Solutions Limited has risen by 29.56%.

  • As Per 2023 financial reports, 15 employees are currently employed by Thermax Cooling Solutions Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Thermax Cooling Solutions Limited has experienced an upsurge of 34.29%.

  • The most recent Balance Sheet for Thermax Cooling Solutions Limited was filed with the ROC on 31 Mar 2023.

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