

Thermax Onsite Energy Solutions Profile
Key Indicators
- Authorised Capital ₹ 150.00 Cr
- Paid Up Capital ₹ 108.28 Cr
- Company Age 15 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 180.00 Cr
- Satisfied Charges ₹ 18.16 Cr
- Revenue Growth 71.06%
- Profit Growth 20.82%
- Ebitda 22.23%
- Net Worth 45.28%
- Total Assets 61.22%
About Thermax Onsite Energy Solutions
Thermax Onsite Energy Solutions Limited (TOESL) is a leading Public Limited Indian Non-Government Company incorporated in India on 14 September 2009 and has a history of 15 years and seven months. 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 150.00 Cr and a paid-up capital of Rs 108.28 Cr.
The company currently has active open charges totaling ₹180.00 Cr. The company has closed loans amounting to ₹18.16 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Thermax Onsite Energy Solutions Limited India are Deepak Joshi as Cfo, Khushboo Bhatia as Ceo, and Kajal Kabra as Company Secretary. Ashish Bhandari, Rajendran Arunachalam, and Arun Unni serve as directors at the Company.
Company Details
- Location
Pune, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U40109PN2009PLC134659
- Company No.
134659
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
14 Sep 2009
- Date of AGM
26 Jul 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Pune
Industry
What products or services does Thermax Onsite Energy Solutions Limited offer?
Thermax Onsite Energy Solutions Limited offers a wide range of products and services, including Industrial Air Conditioner & Devices, Chillers, Cooling Tower, Heat Exchanger, Parts, Cooling Towers, Refrigeration Spares.
Who are the key members and board of directors at Thermax Onsite Energy Solutions?
Executive Team (3)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Deepak Joshi | CFO | 26-Jul-2021 | Current |
Khushboo Bhatia ![]() | CEO | 30-Jul-2020 | Current |
Kajal Kabra | Company Secretary | 27-Feb-2023 | Current |
Board Members (3)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Ashish Bhandari ![]() | Director | 08-Jun-2020 | Current |
Rajendran Arunachalam ![]() | Director | 29-Jul-2019 | Current |
Arun Unni | Additional Director | 27-Nov-2024 | Current |
Financial Performance of Thermax Onsite Energy Solutions.
Thermax Onsite Energy Solutions Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 71.06% increase. The company also saw a substantial improvement in profitability, with a 20.82% increase in profit. The company's net worth Soared by an impressive increase of 45.28%.


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What is the Ownership and Shareholding Structure of Thermax Onsite Energy Solutions?
In 2022, Thermax Onsite Energy Solutions had a promoter holding of 100.00%. The company had 1 Subsidiary. 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 Limited
Ashish Bhandari and Rajendran Arunachalam are mutual person
- First Energy Private Limited
Ashish Bhandari and Rajendran Arunachalam are mutual person
- Thermax Limited.
Ashish Bhandari is a mutual person
- Thermax Foundation
Ashish Bhandari is a mutual person
- Thermax Instrumentation Limited
Rajendran Arunachalam is a mutual person
- Thermax Bioenergy Solutions Private Limited
Rajendran Arunachalam is a mutual person
Charges (Loans)
₹180.00 Cr
₹18.16 Cr
Charges Breakdown by Lending Institutions
- The Hongkong And Shanghai Banking Corporation Limited : 150.00 Cr
- Others : 30.00 Cr
Latest Charge Details
Date | Lender | Amount | Status |
---|---|---|---|
27 May 2024 | Others | ₹30.00 Cr | Open |
06 Aug 2020 | The Hongkong And Shanghai Banking Corporation Limited | ₹150.00 Cr | Open |
24 Dec 2019 | The Hongkong And Shanghai Banking Corporation Limited | ₹4.16 Cr | Satisfied |
23 May 2014 | Tata Capital Financial Services Limited | ₹14.00 Cr | Satisfied |
How Many Employees Work at Thermax Onsite Energy Solutions?
Thermax Onsite Energy Solutions has a workforce of 109 employees as of Apr 05, 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 Onsite 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 Onsite Energy Solutions'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.
Latest Updates, News, and FAQs on Thermax Onsite Energy Solutions
Recent activity within the organization
- Director Appointment
Arun Unni was appointed as a Additional Director was appointed as a Additional Director on 27 Nov 2024 & has been associated with this company since 5 months 13 days .
- Annual General Meeting
Thermax Onsite Energy Solutions Limited last Annual general meeting of members was held on 26 Jul 2024 as per latest MCA records.
- Charges
A charge with Others amounted to Rs. 30.00 Cr with Charge ID 100927609 was registered on 27 May 2024.
- Balance Sheet
Thermax Onsite Energy Solutions Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
- Director Appointment
Kajal Rajgopal Kabra was appointed as a Company Secretary was appointed as a Company Secretary on 27 Feb 2023 & has been associated with this company since 2 years 2 months .
- Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 150.00 Cr registered on 06 Aug 2020 with Charge ID 100362433 was modified on 24 Feb 2022.
Recent News, Updates & Announcement
- NCLT approves demerge of Thermax arms Thermax Cooling Solution, Thermax Instrumentation.
National Company Law Tribunal, Mumbai Bench vide its order dated December 20, 2023, which was received on December 25, 2023, has approved demerger of the wholly owned subsidiaries of the company namely, Thermax Cooling Solutions Ltd (TCSL/ Demerged Company) and Thermax Instrumentation Ltd (TIL/Resulting Company), a regulatory filing stated..
- Thermax's Q1 FY '23 Results: Profit Grows by 2%, Orders Increase by 10%, and Successful Completion of Wind-Solar Plant in Gujarat.
Thermax be like: "We made Rs. 1,933 crore in Q1 FY '23, but had to pay Rs. 51 crore for some legal stuff. Still, our profit grew by 2% to Rs. 60 crore. Our orders also increased by 10% to Rs. 10,505 crore. On our own, we made Rs. 1,161 crore and our profit grew by 83%. But we had to pay another Rs. 51 crore for legal stuff. Our orders were slightly lower at Rs. 1,627 crore. We got a big order worth Rs. 271.5 crore and built a cool wind-solar plant in Gujarat. But we also had to pay Rs. 245 crore for some broken stuff. Overall, we're doing pretty okay..
Frequently asked questions
What is the Incorporation or founding date of Thermax Onsite Energy Solutions Limited?
Thermax Onsite Energy Solutions Limited was incorporated on 14 Sep 2009.
What is authorized share capital and paid-up capital of Thermax Onsite Energy Solutions Limited?
The authorized share capital of Thermax Onsite Energy Solutions Limited is ₹ 150.00 Cr and paid-up capital is ₹ 108.28 Cr.
Who are the current board members & directors of Thermax Onsite Energy Solutions Limited?
Currently 6 directors are associated with Thermax Onsite Energy Solutions Limited.
- Ashish Bhandari
- Rajendran Arunachalam
- Arun Unni
- Deepak Joshi
- Khushboo Bhatia
- Kajal Rajgopal Kabra
What is the registered address of Thermax Onsite Energy Solutions Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Thermax Onsite Energy Solutions Limited is Thermax House 14 Mumbai Road Wakdewadi, India, Pune, Maharashtra, 411003.
What is the corporate identification number (CIN) and company number of Thermax Onsite Energy Solutions Limited?
The corporate identification number (CIN) of Thermax Onsite Energy Solutions Limited is U40109PN2009PLC134659 and the company number is 134659 as per Ministry of Corporate Affairs (MCA).
What is the official website of Thermax Onsite Energy Solutions Limited?
The Official website of Thermax Onsite Energy Solutions Limited is https://www.thermaxglobal.com
What has been the recent revenue trend for Thermax Onsite Energy Solutions Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Thermax Onsite Energy Solutions Limited has risen by 71.06%.
How many employees does Thermax Onsite Energy Solutions Limited currently have?
As Per 2022 financial reports, 109 employees are currently employed by Thermax Onsite Energy Solutions Limited.
What change has been observed in the net worth of Thermax Onsite Energy Solutions Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Thermax Onsite Energy Solutions Limited has experienced an upsurge of 45.28%.
What are the total open charges for Thermax Onsite Energy Solutions Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Thermax Onsite Energy Solutions Limited amount to ₹ 180.00 Cr.
When was the last Balance Sheet of Thermax Onsite Energy Solutions Limited filed with the ROC?
The most recent Balance Sheet for Thermax Onsite Energy Solutions Limited was filed with the ROC on 31 Mar 2024.
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