United Heat Transfer Ltd. – Company Report
1. Company Overview
United Heat Transfer Ltd. (UHTL), incorporated in 1995 and headquartered in Nashik, Maharashtra, is a trusted Indian manufacturer of custom-engineered heat exchangers and process equipment for demanding industrial applications. Operating from a 13-acre campus with 80,000 sq. ft. of manufacturing space, the company holds a wide range of international and domestic certifications, including ISO, ASME U-Stamp, NB, PED, CE, IBR, and more—affirming its global quality standards.
UHTL provides critical thermal solutions for clients in power, process, oil & gas, defence, marine, biotech, and railways. Backed by its long-standing R&D excellence and consistent innovation, the company is a preferred engineering partner for both Indian PSUs and multinational OEMs. It is publicly listed, with a market cap of approximately ₹134 crore as of August 2025.
Key Highlights
- Incorporated: 1995
- Headquarters: Nashik, Maharashtra
- Employees: 51–200
- Facility: 80,000 sq. ft. plant on a 13-acre campus
- Certifications: ISO 9001:2015, 14001:2015, 45001:2018, ASME U-Stamp, NB, CE, PED, EIL, DGQA, HPCL, IBR, DOSH (Malaysia), etc.
- Global Reach: Europe, Middle East, Southeast Asia, Africa
- Listed Status: Public; Market Cap (Aug 2025): ~₹134 crore
- Recognition: Member of HTRI since 2008; “Best Supplier” awards from key clients
2. Products and Services
Shell & Tube Heat Exchangers
- Custom and standard types, multi-pass, high-pressure, maintenance-free designs
Air-Cooled Heat Exchangers
Pressure Vessels & Columns
- For separation, reaction, and storage applications
Marine Heat Exchangers
- Engineered for ships, cruise vessels, and offshore rigs
Safe Tube Heat Exchangers
Moisture Separators & Automatic Backflush Filters
Process Flow Skids & EPC Packages
- Modular, integrated systems built to site-specific requirements
Industries Served: Power, petrochemical, defence, railways, marine, biotech/pharma, food & beverage, mining, HVAC, steel, sugar, automotive
Notable Clients: Indian Navy, Indian Railways, ONGC, BHEL, Godrej, Larsen & Toubro, Tata, Siemens, European and Japanese OEMs
3. Recent News and Business Developments (2025)
Domestic Order
- The Company received an order from Burckhardt Compression (India) for the manufacturing of Heat Exchangers Cooler parts stages 1 and 2. This order will be done and supplied to a domestic plant of Burckhardt with an order consideration approx value of Rs. 0.30 crore. The period for the execution is 2 to 3 months.
International Expansion
- Expanded exports to Europe, Middle East, Southeast Asia, and Africa
- Compliance with European and CU TR standards for global equipment supply
Infrastructure & R&D Investment
- Commissioned a new state-of-the-art plant in 2020
- Ongoing investment in automation, QA, and in-house R&D
4. Financial Performance (FY2025)
| Metric | FY2025 |
|---|---|
| Revenue | ₹68 crore |
| Operating Margin | 17% |
| Net Profit (PAT) | ₹5.3 crore |
| Net Profit Margin | ~8% |
| EPS | ₹2.79 |
| Dividend | None declared |