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Key Metrics
AUTHORISED CAPITAL
75.00 cr
PAID-UP CAPITAL
23.83 cr
COMPANY AGE
45 Years 11 Months
since 1980-06-30
LAST FILING WITH ROC
2025-03-31
Last AGM: 2025-07-31
OPEN CHARGES
7
-435.44 cr
SATISFIED CHARGES
8
2,805.44 cr
ACTIVE GST
29
Updated: 2025-07-09 18:31:50
About Thermax
Thermax is an MCA-registered Indian company: a Public Limited Indian Non-Government Company (CIN L29299PN1980PLC022787). Business overview includes Machinery and Equipment (Industrial Machinery Manufacturing), incorporated on June 30, 1980 (46+ years old), headquartered in Pune, Maharashtra, India. The company is currently Active with Active Compliant compliance status. For FY 2024, the company reported revenue of ₹6.02 Kharab with a profit of ₹437.44 Cr. It has 11 active directors. The company employs approximately 5,828 people. Its latest credit rating is B- by Brickwork.
Industrial Machinery Manufacturing
- Location D-13 Midc Ind Arear D Aga Road Chinchwad, Pune, Maharashtra - 411019
- Website thermaxglobal.com
Name History
CIN / LLPINL29299PN1980PLC022787
Company No.022787
Stock Symbol
BSE: 500411 | NSE: THERMAX
ClassificationPublic Limited Indian Non-Government Company
Incorporation Date1980-06-30
Date of AGM2025-07-31
Date of Balance Sheet2025-03-31
Listing StatusListed
ROC CodeRoc Pune
Credit RatingB- (Brickwork)
PAN
LEI Number
Active ComplianceActive Compliant
Financial Performance of Thermax
Revenue Over The Year
2019 · 2020 · 2021 · 2022 · 2023 · 2024 · 2025
Growth (7 Year) ▲ 38.3%
Growth (3 Year) ▼ -9.9%
Profit/Loss Over The Year
2019 · 2020 · 2021 · 2022 · 2023 · 2024 · 2025
Growth (7 Year) ▼ 65.1%
Growth (3 Year) ▼ 60.7%
Values are in Mixed (K, L, Cr)
| Metrics | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|
| Revenue | 2,20,083.04 cr | 2,35,431.21 cr | 2,51,890.00 cr | 2,18,400.00 cr | 1,95,200.00 cr | 1,72,000.00 cr | 1,59,000.00 cr |
| Profit/Loss | 13,969.70 cr | 4,810.00 cr | 12,200.00 cr | 9,100.00 cr | -8,200.00 cr | 3,200.00 cr | 5,100.00 cr |
| Cash & Bank Balance | 38,200.00 cr | 35,100.00 cr | 32,000.00 cr | 28,500.00 cr | 25,200.00 cr | 22,000.00 cr | 19,800.00 cr |
| Net Worth | 1,26,731.94 cr | 1,37,500.00 cr | 1,40,200.00 cr | 1,28,000.00 cr | 1,15,000.00 cr | 1,02,000.00 cr | 95,000.00 cr |
| EBITDA | 27,865.49 cr | 29,800.00 cr | 30,200.00 cr | 27,000.00 cr | 24,500.00 cr | 22,000.00 cr | 20,100.00 cr |
Financial Ratios
■ Revenue ■ P/L ■ EBITDA
Values in Crores (Cr) - illustrative trend
FY 2021 - FY 2025
Key Insights (FY 2025)
Revenue2,20,083.04 cr ▼ 6.5%
Profit/Loss13,969.70 cr ▲ 190.6%
EBITDA27,865.49 cr
Net Profit Margin10.54%
Debt/Equity0.47
Current Ratio0.88
Return on Equity12.3%
| Ratio | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Net Profit Margin | 10.54 | 3.20 | 2.10 | 1.80 | 0.50 |
| Debt to EBITDA | 2.14 | 1.90 | 1.70 | 1.50 | 1.20 |
| Interest Coverage Ratio | 0.47 | 0.50 | 0.45 | 0.40 | 0.35 |
| Debt to Equity | 0.88 | 0.90 | 0.85 | 0.80 | 0.75 |
| Return on Equity | 12.10 | 3.00 | 2.00 | 1.50 | 0.20 |
| Current Ratio | 1.20 | 1.15 | 1.10 | 1.05 | 0.99 |
| Quick Ratio | 0.95 | 0.92 | 0.88 | 0.85 | 0.80 |
| EBITDA Margin | 12.00 | 10.00 | 8.00 | 7.00 | 5.00 |
| Return on Capital Employed | 8.00 | 2.00 | 1.00 | 0.20 | 0.00 |
| Earning Per Share | 4.00 | 0.00 | 0.00 | 0.00 | 0.00 |
EPFO Establishments (1)
MRNOI0019835000
Closed/All Member Excluded
StatusCode No Allotted Was Before Online Registration Started.
ActivityPaper
StateUttar Pradesh
Coverage07-JUN-1995
Current Directors (11)
Charges Overview
Others : 1,150.00 cr
Axis Bank Limited : 250.00 cr
The Hongkong And Shanghai Banking Corporation Limited : 200.00 cr
Open Charges: 7
Satisfied Charges: 8
| Lender | Amount | Status |
|---|---|---|
|
Axis Bank Limited
Creation Date: 11 Feb 2025
|
250.00 cr | Open |
|
Others
Creation Date: 15 Nov 2021
|
330.00 cr | Open |
|
Others
Creation Date: 15 Jun 2021
|
520.00 cr | Open |
Business Activity
| Activity Group | Description | Turnover % |
|---|---|---|
| Manufacturing | - | 11.70 |
| Manufacturing | - | 53.80 |
| Water supply, sewerage and waste management | - | 34.50 |
Flagged By Authority
Regulatory and exchange flags (preview)
Legal Cases
District Court
Cases Found
High Court
Cases Found
Supreme Court
Cases Found
NCLT
Cases Found
NCLAT
Cases Found
View Details →
Frequently Asked Questions about Thermax
What is CIN of Thermax?
The Corporate Identification Number (CIN) for Thermax is L29299PN1980PLC022787. CIN is a distinct identification code allotted by the Registrar of Companies (ROC) under the Ministry of Corporate Affairs (MCA). The company registration number is 022787 as per MCA.
When was Thermax incorporated?
Thermax was incorporated 45 years 11 months ago on 30 Jun 1980.
What is paid-up capital and authorised share capital of Thermax?
The paid-up capital of Thermax is ₹ 238,312,600.00 and authorised share capital is ₹ 750,000,000.00.
Who are the current board members and directors of Thermax?
Currently 11 directors are associated with Thermax: Meher Pheroz Pudumjee, Pheroz Pudumjee Naswanjee, Ravi Shankar Gopinath, Shyamak Ramyar Tata, Shashishekhar Pandit Balkrishna, Rajani Kesari, Parag Chandulal Shah, Ashish Bhandari, Harsh Charandas Mariwala, Mr. Rajendran Arunachalam, Sangeet Kaur Hunjan.
- Meher Pheroz Pudumjee
- Pheroz Pudumjee Naswanjee
- Ravi Shankar Gopinath
- Shyamak Ramyar Tata
- Shashishekhar Pandit Balkrishna
- Rajani Kesari
- Parag Chandulal Shah
- Ashish Bhandari
- Harsh Charandas Mariwala
- Mr. Rajendran Arunachalam
- Sangeet Kaur Hunjan
What is the registered address of Thermax?
As per Ministry of Corporate Affairs (MCA), the registered address of Thermax is D-13 Midc Ind Arear D Aga Road Chinchwad, Pune, Maharashtra, 411019, India.
Is Thermax registered with any stock exchange in India?
Yes, Thermax is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): THERMAX.
What is the official website of Thermax?
The official website of Thermax is https://thermaxglobal.com.
What is the ROC code of Thermax?
Thermax ROC code is Roc Pune.
What is the company classification of Thermax?
Thermax is classified as Public Limited Indian Non-Government Company.
Thermax - is it listed or unlisted?
Thermax is a Listed company.
Does Thermax have subsidiaries?
Thermax has 6 subsidiary record(s) in available group structure data. See the Ownership section for group structure detail.
What is the current status of Thermax?
Thermax is currently Active and registered in Pune, Maharashtra, India.
What industry or business activity is Thermax associated with?
Thermax lists activity aligned with: Machinery and Equipment - Industrial Machinery Manufacturing - Manufacturing. See the Overview and Competition sections for fuller industry context.
How many employees does Thermax have?
Available records indicate roughly 5,828 employees for Thermax. Confirm against filings and EPFO-related signals on the profile where shown.
Does Thermax have GST registrations on file?
Thermax shows 29 active GST registration signal(s) in compliance overview data. Open the Compliance tab for GSTIN and filing context when your plan allows.
Where can I see charges and lenders for Thermax?
Use the Charges tab for MCA charge filings, charge holders, and open versus satisfied charges for Thermax.
How do I contact Thermax?
Use the official website at https://thermaxglobal.com and the registered office address on this profile for corporate contact. Infyner does not publish personal customer-care numbers unless they appear in sourced company records.
What is the turnover or revenue of Thermax?
Turnover and revenue appear in filed financial statements when available. Open the Financial tab on this profile for revenue, profit or loss, balance sheet metrics, and related MCA filings - not headline estimates.
How can I get the financial details of Thermax?
You can view revenue, profit or loss, balance sheet metrics, and related filings on the Financial tab of this company profile.
What is the net worth of Thermax (last filed snapshot)?
As per the latest financial snapshot on file for FY 2024, net worth is about ₹ 3,536.70 Cr. Verify figures on the Financial tab and supporting filings.
