Thermax Profile
Key Indicators
- Authorised Capital ₹ 75.00 Cr
as on 16-11-2024
- Paid Up Capital ₹ 23.83 Cr
as on 16-11-2024
- Company Age 44 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 2,070.00 Cr
as on 16-11-2024
- Satisfied Charges ₹ 2,805.44 Cr
as on 16-11-2024
- Revenue 27.48%
(FY 2023)
- Profit 63.98%
(FY 2023)
- Ebitda 68.43%
(FY 2023)
- Net Worth 7.22%
(FY 2023)
- Total Assets 13.38%
(FY 2023)
About Thermax
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 500411 and on the National Stock Exchange(NSE) under THERMAX.
The Corporate was formerly known as Thermo - Dynamics 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 75.00 Cr and a paid-up capital of Rs 23.83 Cr.
The company currently has active open charges totaling ₹2,070.00 Cr. The company has closed loans amounting to ₹2,805.44 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Thermax Limited. India are Mr Arunachalam as CFO and Janhvie Khele as Company Secretary. Jairam Varadaraj, Meher Pudumjee, Pheroz Naswanjee, and Seven other members serve as directors at the Company.
Industry
Company Details
- Location
Pune, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media
What products or services does Thermax Limited. offer?
Thermax Limited. offers a wide range of products and services, including Filters & Filtration Systems, Liquid Filters, Industrial Valves & Valve Fittings, Safety & Pressure Relief Valves, Industrial Air Conditioner & Devices, Refrigeration Spares, Wash Basins, Sanitaryware & Fittings, Plumbing Traps, Generators, Turbines & Power Plants, Power Plants & Spare Parts.
Who are the key members and board of directors at Thermax?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ashish Bhandari  | Managing Director | 18-Jun-2020 | Current |
Mr Arunachalam  | CFO | 01-Jun-2019 | Current |
| Janhvie Khele | Company Secretary | 01-Sep-2021 | Current |
Board Members(9)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Jairam Varadaraj | Director | 31-Jan-2003 | Current |
| Meher Pudumjee | Director | 15-Jan-2001 | Current |
| Pheroz Naswanjee | Director | 15-Jan-2001 | Current |
| Nawshir Mirza | Director | 03-May-2011 | Current |
| Shashishekhar Balkrishna | Director | 30-May-2017 | Current |
| Harsh Mariwala | Director | 10-Nov-2016 | Current |
Financial Performance and Corporate Structure Insights of Thermax.
Thermax Limited., for the financial year ended 2023, experienced significant growth in revenue, with a 27.48% increase. The company also saw a substantial improvement in profitability, with a 63.98% increase in profit. The company's net worth moved up by a moderate rise of 7.22%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Thermax?
In 2023, Thermax had a promoter holding of 61.99% and a public holding of 38.01%. The company had 18 Subsidiaries and 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Thermax Babcock & Wilcox Energy Solutions LimitedActive 14 years 5 monthsNawshir Mirza, Rajani Kesari and 2 more are mutual person
Kirtane Pandit Foundation Private LimitedActive 23 years 6 monthsShashishekhar Balkrishna is a mutual person
Kirtane Pandit Consulting Private LimitedActive 27 years 4 monthsShashishekhar Balkrishna is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 15 Nov 2021 | ₹330.00 Cr | Open |
Others Creation Date: 15 Jun 2021 | ₹520.00 Cr | Open |
Others Creation Date: 24 May 2021 | ₹100.00 Cr | Open |
How Many Employees Work at Thermax?
Thermax has a workforce of 7564 employees as of Apr 04, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Thermax, 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's trajectory.
Rating
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
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.
