Thermotech Systems Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 1.28 Cr
- Company Age 29 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 35.85 Cr
- Satisfied Charges ₹ 47.61 Cr
- Revenue Growth 7.05%
- Profit Growth -32.92%
- Ebitda 1248.49%
- Net Worth 2.54%
- Total Assets -5.74%
About Thermotech Systems
Thermotech Systems Limited (TSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 04 July 1995 and has a history of 29 years and eight months. Its registered office is in Ahmedabad, Gujarat, 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 2.00 Cr and a paid-up capital of Rs 1.28 Cr.
The company currently has active open charges totaling ₹35.85 Cr. The company has closed loans amounting to ₹47.61 Cr, as per Ministry of Corporate Affairs (MCA) records.
Rajnikant Shah, Jigneshkumar Shah, Rakeshkumar Shah, and Three other members serve as directors at the Company.
Company Details
- Location
Ahmedabad, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
- Apps
Corporate Identity Details
- CIN/LLPIN
U26933GJ1995PLC026596
- Company No.
026596
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
04 Jul 1995
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Machinery and Equipment
What products or services does Thermotech Systems Limited offer?
Thermotech Systems Limited offers a wide range of products and services, including Heater, Thermostat & Heating Devices, Industrial Heaters, Heater & Heating Components, Thermic Fluid Heaters, Boilers & Boiler Parts, Hot Air Generator, Pollution Control Devices & Machines, Dust Collector Parts, Cooling Tower, Heat Exchanger, Parts, Heat Recovery System.
Who are the key members and board of directors at Thermotech Systems?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rajnikant Shah  | Managing Director | 01-Jan-2011 | Current |
| Mahendrabhai Shah | Managing Director | 01-Apr-2010 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Jigneshkumar Shah | Whole-Time Director | 01-Apr-2006 | Current |
| Rakeshkumar Shah | Whole-Time Director | 01-Apr-2005 | Current |
| Shrirang Shah | Whole-Time Director | 30-Nov-2021 | Current |
| Kinjal Shah | Whole-Time Director | 01-Apr-2008 | Current |
Financial Performance of Thermotech Systems.
Thermotech Systems Limited, for the financial year ended 2021, experienced modest growth in revenue, with a 7.05% increase. The company also saw a substantial fall in profitability, with a 32.92% decrease in profit. The company's net worth moved up by a moderate rise of 2.54%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Thermotech Systems?
In 2021, Thermotech Systems had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Iec-Tsl Ingenious Energy LlpKinjal Shah is a mutual person
Charges (Loans)
Open Charges
₹35.85 Cr
Satisfied Charges
₹47.61 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 35.85 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Jul 2022 | Axis Bank Limited | ₹6.15 M | Open |
| 15 Nov 2021 | Axis Bank Limited | ₹6.15 M | Open |
| 18 Dec 2020 | Axis Bank Limited | ₹17.31 Cr | Open |
| 31 Jan 2020 | Axis Bank Limited | ₹17.31 Cr | Open |
| 14 Mar 2018 | Hdfc Bank Limited | ₹3.40 Cr | Satisfied |
How Many Employees Work at Thermotech Systems?
Thermotech Systems has a workforce of 70 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 Thermotech Systems, 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 Thermotech Systems'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 Thermotech Systems
Recent activity within the organization
- Annual General Meeting
Thermotech Systems Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Thermotech Systems Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
- Charges
A charge with Axis Bank Limited amounted to Rs. 0.62 Cr with Charge ID 100599095 was registered on 15 Jul 2022.
- Director Appointment
Shrirang Rakeshkumar Shah was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 30 Nov 2021 & has been associated with this company since 3 years 3 months .
- Charges
A charge with Axis Bank Limited amounted to Rs. 0.62 Cr with Charge ID 100501623 was registered on 15 Nov 2021.
- Charges
A charge with Axis Bank Limited amounted to Rs. 17.31 Cr with Charge ID 100397229 was registered on 18 Dec 2020.
Frequently asked questions
What is the Incorporation or founding date of Thermotech Systems Limited?
Thermotech Systems Limited was incorporated on 04 Jul 1995.
What is authorized share capital and paid-up capital of Thermotech Systems Limited?
The authorized share capital of Thermotech Systems Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.28 Cr.
Who are the current board members & directors of Thermotech Systems Limited?
Currently 6 directors are associated with Thermotech Systems Limited.
- Rajnikant Jethalal Shah
- Jigneshkumar Mahendrabhai Shah
- Rakeshkumar Kanubhai Shah
- Shrirang Rakeshkumar Shah
- Mahendrabhai Chandulal Shah
- Kinjal Rajnibhai Shah
What is the registered address of Thermotech Systems Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Thermotech Systems Limited is Plot No 2608 Phase 4, Gidc Vatava India, Ahmedadad, Gujarat, 382445.
What is the corporate identification number (CIN) and company number of Thermotech Systems Limited?
The corporate identification number (CIN) of Thermotech Systems Limited is U26933GJ1995PLC026596 and the company number is 026596 as per Ministry of Corporate Affairs (MCA).
What is the official website of Thermotech Systems Limited?
The Official website of Thermotech Systems Limited is https://www.thermotechsystems.com
What has been the recent revenue trend for Thermotech Systems Limited?
According to the financial reports for the fiscal year 2021, the revenue trend for Thermotech Systems Limited has risen by 7.05%.
How many employees does Thermotech Systems Limited currently have?
As Per 2021 financial reports, 70 employees are currently employed by Thermotech Systems Limited.
What change has been observed in the net worth of Thermotech Systems Limited, and by what percentage?
The financial reports for the fiscal year 2021 indicates that The net worth of Thermotech Systems Limited has experienced an upsurge of 2.54%.
What are the total open charges for Thermotech Systems Limited?
As per the financial statements for fiscal Year 2021, The total open charges for Thermotech Systems Limited amount to ₹ 35.85 Cr.
When was the last Balance Sheet of Thermotech Systems Limited filed with the ROC?
The most recent Balance Sheet for Thermotech Systems Limited was filed with the ROC on 31 Mar 2024.
People also Viewed
KS
Kanubhai ShahManaging Director