Unitherm Engineers Limited

Providing commercial heat treatment services for automotive industry components in India.

1993 | Mumbai, Maharashtra (India) | Active
Last Updated: January 07, 2025

Unitherm Engineers Profile

Key Indicators

  • Authorised Capital ₹ 8.50 Cr
  • Paid Up Capital ₹ 8.48 Cr
  • Company Age 32 Year, 1 Day
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 278.05 Cr
  • Satisfied Charges ₹ 47.15 Cr
  • Revenue Growth 18.00%
  • Profit Growth -42.36%
  • Ebitda 8.12%
  • Net Worth 10.12%
  • Total Assets 13.90%

About Unitherm Engineers

Unitherm Engineers Limited (UEL) is a leading Public Limited Indian Non-Government Company incorporated in India on 29 January 1993 and has a history of 32 years. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Unitherm Engineers Private Limited. The Company is engaged in the Engineering 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 8.50 Cr and a paid-up capital of Rs 8.48 Cr.

The company currently has active open charges totaling ₹278.05 Cr. The company has closed loans amounting to ₹47.15 Cr, as per Ministry of Corporate Affairs (MCA) records.

Mathew Eipe, Ramnarain Bakshi, Raman Nanda, and Three other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U99999MH1993PLC070584

  • Company No.

    070584

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    29 Jan 1993

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Engineering

What products or services does Unitherm Engineers Limited offer?

Unitherm Engineers Limited offers a wide range of products and services, including Manufacturing & Assembling Services, Heat Treating Services, Industrial Furnaces & Ovens, Gas Furnace, Melting Furnaces, Aluminium Melting Furnace, Designing Services, Engineering Solution.

Who are the key members and board of directors at Unitherm Engineers?

Executive Team (1)

NameDesignationAppointment DateStatus
Aditya Bakshi Country flag representing In Managing Director01-Dec-2011Current

Board Members (5)

NameDesignationAppointment DateStatus
Viren Joshi Country flag representing In Director 23-Jan-2024Current
Mathew Eipe Country flag representing In Director 01-Sep-2017Current
Marcel Parker Country flag representing In Director 21-Jun-2022Current
Ramnarain Bakshi Country flag representing In Director 29-Jan-1993Current
Raman Nanda Country flag representing In Director 18-Oct-2022Current

Financial Performance of Unitherm Engineers.

Unitherm Engineers Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 18% increase. The company also saw a substantial fall in profitability, with a 42.36% decrease in profit. The company's net worth Soared by an impressive increase of 10.12%.

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
18.00%
Revenue from Operations
14.88%
Total Assets
13.90%
Profit or Loss
-42.36%
Net Worth
10.12%
EBITDA
8.12%

What is the Ownership and Shareholding Structure of Unitherm Engineers?

In 2023, Unitherm Engineers had a promoter holding of 98.89% and a public holding of 1.11%. The company had 1 Subsidiary and 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹278.05 Cr

Satisfied Charges

₹47.15 Cr

Charges Breakdown by Lending Institutions

  • Others : 228.78 Cr
  • The Shamrao Vithal Co-Operative Bank Limited : 34.40 Cr
  • Sidbi : 14.87 Cr

Latest Charge Details

DateLenderAmountStatus
10 Jul 2024Sidbi₹7.40 CrOpen
25 Jun 2024Others₹7.79 CrOpen
06 Jun 2024Others₹15.00 CrOpen
06 Feb 2024Sidbi₹7.48 CrOpen
24 Jan 2024Others₹17.50 CrOpen

How Many Employees Work at Unitherm Engineers?

Unitherm Engineers has a workforce of 115 employees as of Oct 27, 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 Unitherm Engineers, 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 Unitherm Engineers'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 Unitherm Engineers

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 15.00 Cr registered on 30 May 2022 with Charge ID 100581208 was modified on 12 Nov 2024.

    12 Nov 2024

  • Annual General Meeting

    Unitherm Engineers Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with Others of Rs. 7.68 Cr registered on 27 Mar 2023 with Charge ID 100717554 was modified on 22 Aug 2024.

    22 Aug 2024

  • Charges

    A charge with Sidbi amounted to Rs. 7.40 Cr with Charge ID 100946132 was registered on 10 Jul 2024.

    10 Jul 2024

  • Charges

    A charge registered on 06 Sep 2021 via Charge ID 100483050 with Standard Chartered Bank was fully satisfied on 05 Jul 2024.

    05 Jul 2024

  • Charges

    A charge registered on 29 Jul 2021 via Charge ID 100482826 with Standard Chartered Bank was fully satisfied on 05 Jul 2024.

    05 Jul 2024

Frequently asked questions

  • Unitherm Engineers Limited was incorporated on 29 Jan 1993.

  • The authorized share capital of Unitherm Engineers Limited is ₹ 8.50 Cr and paid-up capital is ₹ 8.48 Cr.

  • Currently 6 directors are associated with Unitherm Engineers Limited.

    • Mathew Eipe
    • Ramnarain Jagannath Bakshi
    • Raman Nanda
    • Marcel Raymond Parker
    • Viren Ajit Joshi
    • Aditya Ramnarain Bakshi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Unitherm Engineers Limited is Office Premises No. 6C 6Th Floor Trust House 35 Hospital Avenue Dr. E. Borges Road Parel, India, Mumbai, Maharashtra, 400012.

  • The corporate identification number (CIN) of Unitherm Engineers Limited is U99999MH1993PLC070584 and the company number is 070584 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Unitherm Engineers Limited is https://www.unithermfurnaces.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Unitherm Engineers Limited has risen by 18.00%.

  • As Per 2023 financial reports, 115 employees are currently employed by Unitherm Engineers Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Unitherm Engineers Limited has experienced an upsurge of 10.12%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Unitherm Engineers Limited amount to ₹ 278.05 Cr.

  • The most recent Balance Sheet for Unitherm Engineers Limited was filed with the ROC on 31 Mar 2024.

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