About Banner Engineering India Private Limited
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Banner Engineering India Private Limited is a private limited company based in Pune, Maharashtra, India, a subsidiary of Banner Engineering International Inc. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 15 March 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U29299PN2007PTC129787. Its GSTIN is 27AADCB1230H1Z6 (Maharashtra). The company holds 7 GST registrations, of which 6 are active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.56 Cr. It is led by directors including Feroze Pyarmohamad Shaikh and Ashok Pawar.
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 1001 10th Floor Sai Capital Opp. International Convention Centre Senapati Bapat Road, Pune, Maharashtra, India – 411016.
As per the financials filed for FY 2025, the company reported a revenue of ₹59.15 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹1.17 Cr (net margin 2%) and EBITDA of ₹2.15 Cr (EBITDA margin 3.6%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 9% over five years.
The company has about 74 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Banner Engineering and Banner Engineering India. The company has 2 deals on record (2 funding rounds), with disclosed funding of ₹4.63 Cr; the latest was in March 2012. Its 10 peer companies in the Manufacturing industry (Security Products) are compared by revenue, 5 larger and 5 smaller; the largest is Nexus Safety Solutions Private Limited with revenue of ₹67.56 Cr. The company has 2 MSME Form 1 returns on record between 2019 and 2020, listing 11 overdue payments to 9 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bannerengineeringindia.co.in.
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- Registered Address1001 10th Floor Sai Capital Opp. International Convention Centre Senapati Bapat Road, Pune, Maharashtra, India – 411016
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
- 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
- One PDF report, delivered after checkout
Business Activity of Banner Engineering India Private Limited
The main business activity of Banner Engineering India is manufacturing. In detail, this covers computer, electronic, communication and scientific measuring & control equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Banner Engineering India Private Limited FY 2025 filings available
Banner Engineering India Private Limited reported revenue of ₹59.15 Cr (down 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Banner Engineering India Private Limited
Revenue fell 6% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 9%. EBITDA fell 71% 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 of Banner Engineering India Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹2.15 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.17 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Banner Engineering India Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Banner Engineering India are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Banner Engineering India Private Limited
Banner Engineering India Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Security Products). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nexus Safety Solutions Private Limited | ₹67.56 Cr (FY 2024) | •••• | •••• | 23.0% | •••• | Bangalore, Karnataka, India |
| Solucio Infra Private Limited | ₹67.5 Cr (FY 2024) | •••• | •••• | 669.0% | •••• | Anand, Gujarat, India |
| Technocrats Security Systems Private Limited | ₹67.37 Cr (FY 2024) | •••• | •••• | 27.0% | •••• | Mumbai, Maharashtra, India |
| Agni Devices Private Limited | ₹66.17 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | New Delhi, Delhi, India |
| Lock Master (India) Private Limited | ₹60.36 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Uttar Pradesh, India |
| Banner Engineering India Private Limited this company | ₹59.15 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Pune, Maharashtra, India |
| Argus Electronic Security Systems Private Limited | ₹58.41 Cr (FY 2024) | •••• | •••• | -7.0% | •••• | Mumbai, Maharashtra, India |
| Intech Fire& Security Private Limited | ₹57.35 Cr (FY 2025) | •••• | •••• | 24.0% | •••• | Navi Mumbai, Maharashtra, India |
| Ozone Secutech Private Limited | ₹56.39 Cr (FY 2025) | •••• | •••• | -35.0% | •••• | New Delhi, Delhi, India |
| Alcolite India Road Safety Private Limited | ₹54.92 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | Delhi, India |
| Howell Protection Systems India Private Limited | ₹53.76 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Banner Engineering India by revenue in the Manufacturing industry (Security Products), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Banner Engineering India Private Limited
Banner Engineering India Private Limited is audited by WalkerChandiok&Co LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| WalkerChandiok&Co LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Banner Engineering India Private Limited
Banner Engineering India has 4 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Feroze Pyarmohamad Shaikh | Director | 08 Sep 2010 | 16 Years 1 Months | Current |
| Ashok Pawar | Director | 13 Oct 2020 | 5 Years 11 Months | Current |
| Bradd Williams Schneider | Director | 11 Jan 2021 | 5 Years 9 Months | Current |
| Jason Keith Pitts | Director | 11 Jan 2021 | 5 Years 9 Months | Current |
Ownership and Shareholding of Banner Engineering India Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Banner Engineering India Private Limited
Banner Engineering India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Banner Engineering India Private Limited
Banner Engineering India Private Limited has 2 deals on record (2 funding rounds), with disclosed funding of ₹4.63 Cr; the latest was in March 2012.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2012 | Funding round | ₹1 Cr | Investors: Banner Engineering International Inc |
| May 2008 | Funding round | ₹3.63 Cr | Investors: Banner Engineering International Inc |
Full deal history
All 2 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
MSME Payment Delays by Banner Engineering India Private Limited
Banner Engineering India Private Limited has 2 MSME Form 1 returns on record between 2019 and 2020, listing 11 overdue payments to 9 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 9)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Shro Systems Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Precisely Automated Industrial Robots Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 2 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Banner Engineering India Private Limited
Banner Engineering India operates two associated brands: Banner Engineering and Banner Engineering India. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers cloud-based sensors for industrial process monitoring. | bannerengineering.com | |
| Manufactures high-quality diverse sensors for industrial and engineering applications. | bannerengineeringindia.co.in |
Employees and EPFO Compliance at Banner Engineering India Private Limited
Banner Engineering India Private Limited has a workforce of 74 employees as of Mar 22, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Banner Engineering India Private Limited
Banner Engineering India Private Limited has 12 board changes on record since 2010: 4 appointments and 8 cessations. The latest: Bradd Williams Schneider ceased to be Additional Director on 30 Sep 2021.
3 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Banner Engineering India Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Banner Engineering India Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Banner Engineering India Private Limited
Banner Engineering India has 7 GST registrations: 6 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCB1230H1Z6 | Maharashtra | Active | 01 Jul 2017 |
| 29AADCB1230H1Z2 | Karnataka | Active | 05 Nov 2020 |
| 33AADCB1230H1ZD | Tamil Nadu | Active | 18 Mar 2021 |
| 24AADCB1230H1ZC | Gujarat | Active | 07 Jun 2023 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Banner Engineering India Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Banner Engineering India Private Limited
Banner Engineering India is an active private limited company based in Pune, Maharashtra, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 15 March 2007 (19+ years old) and is registered under CIN U29299PN2007PTC129787.
Banner Engineering India reported revenue of ₹59.15 Cr for FY 2025 (down 6% YoY).
Banner Engineering India has 4 current directors:
- Feroze Pyarmohamad Shaikh - Director
- Ashok Pawar - Director
- Bradd Williams Schneider - Director
- Jason Keith Pitts - Director
Banner Engineering India reported a net profit of ₹1.17 Cr (net margin 2%) and EBITDA of ₹2.15 Cr (EBITDA margin 3.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Banner Engineering India is 10% over three years and 9% over five years. In the latest year (FY 2025) revenue fell 6%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Banner Engineering India is 27AADCB1230H1Z6, registered in Maharashtra. The company has 7 GST registrations in all, of which 6 are active and 1 is cancelled or inactive. Other active GSTINs include 29AADCB1230H1Z2 (Karnataka), 33AADCB1230H1ZD (Tamil Nadu), 24AADCB1230H1ZC (Gujarat).
The CIN (Corporate Identification Number) of Banner Engineering India is U29299PN2007PTC129787. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Banner Engineering India was incorporated on 15 March 2007, making it 19+ years old. It is registered with the Registrar of Companies, Pune.
Banner Engineering India has 2 deals on record (2 funding rounds), with disclosed funding of ₹4.63 Cr; the latest was in March 2012.
The peers of Banner Engineering India by revenue are Nexus Safety Solutions Private Limited, Solucio Infra Private Limited, Technocrats Security Systems Private Limited, Agni Devices Private Limited, Lock Master (India) Private Limited and 5 more, all in the Manufacturing industry (Security Products).
Bradd Williams Schneider ceased to be Additional Director on 30 Sep 2021. Jason Keith Pitts ceased to be Additional Director on 30 Sep 2021. Robert Thomas Schlicksup ceased to be Director on 31 Mar 2021. Banner Engineering India has 12 board changes on record in total.
Banner Engineering India has 2 MSME Form 1 returns on record between 2019 and 2020, listing 11 overdue payments to 9 micro and small suppliers. The latest return was filed on 30 Apr 2020.