MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-03-0084321
Aaf India Private Limited - machinery and equipment in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹134.39 Cr
▲ 29% YoY
Net profit · FY 2025
₹13.36 Cr
Net margin 9.9%
EBITDA · FY 2025
₹21.31 Cr
EBITDA margin 15.9%
Authorised capital
₹12.5 Cr
Registered with MCA
Paid-up capital
₹10.96 Cr
Issued & subscribed
Company age
21 yrs
Est. 2005
Employees · EPFO
146
Provident fund records
Directors on board
4
As per MCA filings
About Aaf India Private Limited
Data last updated:
Aaf India Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Daikin Malaysia Sdn. Bhd.. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 31 October 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29197KA2005PTC037575. Its GSTIN is 29AAFCA4502R1ZB (Karnataka). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹12.5 Cr and a paid-up capital of ₹10.96 Cr. It is led by directors including Lingaraj Pattnaik and Shailesh Nigam.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No. 117 & 118 Bommasandra Jigani Link Road KIADB Industrial Area Bandenallasandra, Bangalore, Karnataka, India – 560105.
As per the financials filed for FY 2025, the company reported a revenue of ₹134.39 Cr, a growth of 29% compared to the previous year. For the same year it recorded a net profit of ₹13.36 Cr (net margin 9.9%) and EBITDA of ₹21.31 Cr (EBITDA margin 15.9%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 22% over five years.
The company has about 146 employees on its provident fund (EPFO) records.
Court records list 19 cases involving the company, including 17 filed by the company and 2 filed against it; 2 cases are pending. The company has 3 deals on record (1 rights issue, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹4.3 Cr; the latest was in July 2017.
Aaf India Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0084321). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aafasia.com.
Company details
CIN U29197KA2005PTC037575
Registration Number 037575
Incorporation Date 31 October 2005
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Daikin Malaysia Sdn. Bhd.
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KR-03-0084321
Key People
Lingaraj Pattnaik Director Shailesh Nigam Director Akshatha Brahmasamudra Ramesh Company Secretary Recognitions & Rankings of Aaf India
Contact details
Aaf India Private Limited's registered office is in Bangalore, Karnataka. Its website is aafasia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No. 117 & 118 Bommasandra Jigani Link Road KIADB Industrial Area Bandenallasandra, Bangalore, Karnataka, India – 560105
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Aaf India Private Limited, buy the company report.
Comprehensive company report
Aaf India Private Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Secure checkout · GST invoice included
Business activity
The main business activity of Aaf India is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Aaf India Private Limited, buy the company report.
Financials of Aaf India Private Limited
FY 2025 filings availableAaf India Private Limited reported revenue of ₹134.39 Cr (up 29% YoY) for FY 2025.
Revenue · FY 2025
₹134.39 Cr ▲ 29%
Net profit · FY 2025
₹13.36 Cr margin 9.9%
EBITDA · FY 2025
₹21.31 Cr margin 15.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 29%
3 years · compounded
▲ 17%
5 years · compounded
▲ 22%
EBITDA CAGR growth
1 year
▲ 93%
3 years · compounded
▲ 80%
5 years · compounded
▲ 48%
Revenue has grown at a compounded annual rate (CAGR) of 22% over five years, including 29% growth in the latest year. EBITDA rose 93% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹21.31 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹13.36 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.9% | ||||
| Net Profit Margin | 9.9% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Aaf India Private Limited, buy the company report.
Board of directors and KMP of Aaf India Private Limited
Aaf India Private Limited currently reports 3 directors and 1 key managerial person. 12 former directors have served the organization.
Current Directors and KMP
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lingaraj Pattnaik | Director | 08 Apr 2015 | 11 Years 6 Months | Current |
| Shailesh Nigam | Director | 25 Oct 2022 | 4 Years 0 Months | Current |
| Akshatha Brahmasamudra Ramesh | Company Secretary | 24 Mar 2021 | 5 Years 7 Months | Current |
| Shinya Nishi | Additional Director | 15 Dec 2025 | 0 Years 10 Months | Current |
Auditor
Aaf India Private Limited is audited by DELOITTE HASKINS & SELLS for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DELOITTE HASKINS & SELLS | FY 2023 | 015125N |
Shareholding
The shareholding of Aaf India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Aaf India Private Limited, buy the company report.
Deals & funding
Aaf India Private Limited has 3 deals on record (1 rights issue, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹4.3 Cr; the latest was in July 2017.
Total deals
3
Rights issue
1
Funding round
1
Secondary share transfer
1
Disclosed funding
₹4.3 Cr
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2017 | Rights issue | ₹5.37 Cr | Investors: an individual |
| Jan 2009 | Funding round | ₹4.3 Cr | Investors: an individual |
| May 2008 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: AAF Asia Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Aaf India Private Limited has 19 court cases on record: 17 filed by Aaf India, 2 filed against it. 2 cases are pending and 17 are disposed.
Total cases
19
Filed by the company
17
Filed against the company
2
Pending
2
Disposed
17
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 17 | 1 | 2 |
| High courts | 2 | 1 | 0 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against M/S Sanvita Biotechnologies Private Limited and 7 others | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against M/S Sanvita Biotechnologies Private Limited and 7 others | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Ms SRP Enviro Systems Pvt Ltd | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Ms GSK Projects and Engineering Pvt.Ltd | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Ms SRP Enviro Systems Pvt Ltd | Disposed |
To see the full case history of Aaf India Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Aaf India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Aaf India Private Limited has a workforce of 146 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
146
Active EPFO establishments
1
Employee growth
4.29%
GST
Aaf India has 3 GST registrations: 2 active and 1 cancelled or inactive.
Total GSTINs
3
Active
2
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCA4502R1ZB | Karnataka | Active | 01 Jul 2017 |
| 09AAFCA4502R1ZD | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Aaf India Private Limited, buy the company report.
Recent activity
Aaf India Private Limited has 24 board changes on record since 2005: 14 appointments and 10 cessations. The latest: Shinya Nishi was appointed as Additional Director on 15 Dec 2025.
Appointed
Shinya Nishi was appointed as Additional Director.
AGM
Aaf India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Hitoshi Jinno ceased to be Director.
Filing
Aaf India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Hitoshi Jinno was appointed as Director.
Ceased
Ryusuke Fujiyoshi ceased to be Director.
Appointed
Shailesh Nigam was appointed as Director.
Ceased
Tota Sasaki ceased to be Director.
Appointed
Akshatha Brahmasamudra Ramesh was appointed as Company Secretary.
Appointed
Tota Sasaki was appointed as Director.
Ceased
Masayuki Sasaki ceased to be Director.
Appointed
Ryusuke Fujiyoshi was appointed as Director.
15 earlier events are in the company report.
Frequently asked questions
Aaf India is an active private limited company based in Bangalore, Karnataka, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 31 October 2005 (21+ years old) and is registered under CIN U29197KA2005PTC037575.
Aaf India has 4 current directors and KMP:
- Lingaraj Pattnaik - Director
- Shailesh Nigam - Director
- Shinya Nishi - Additional Director
- Akshatha Brahmasamudra Ramesh - Company Secretary
The latest financial statements of Aaf India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Aaf India is 29AAFCA4502R1ZB, registered in Karnataka. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 09AAFCA4502R1ZD (Uttar Pradesh).
The CIN (Corporate Identification Number) of Aaf India is U29197KA2005PTC037575. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aaf India has 19 court cases on record: 17 filed by the company and 2 filed against it. 2 are pending. Most are in the district courts.
Aaf India was incorporated on 31 October 2005, making it 21+ years old. It is registered with the Registrar of Companies, Bangalore.
Aaf India has 3 deals on record (1 rights issue, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹4.3 Cr; the latest was in July 2017.
Shinya Nishi was appointed as Additional Director on 15 Dec 2025. Hitoshi Jinno ceased to be Director on 16 Jul 2025. Hitoshi Jinno was appointed as Director on 25 Oct 2022. Aaf India has 24 board changes on record in total.
Yes, Aaf India is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-03-0084321).