- Total income
- ₹10,798 Cr
- Profit
- ₹521 Cr

About Daikin Airconditioning India Private Limited
Data last updated:
Daikin Airconditioning India Private Limited is a private limited company based in Delhi, India, a subsidiary of Daikin Industries Limited Japan. It operates in the industrial compressors and pneumatic systems segment of the machinery and industrial equipment sector. It was incorporated on 04 April 2000 and has been in existence for over 26 years.
Daikin Airconditioning India is ranked #78 on the Fortune MNC 500 India (2026).
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL2000PTC104990. Its GSTIN is 07AABCD0971F1ZY (Delhi). The company holds 52 GST registrations, of which 46 are active.
The company has an authorised share capital of ₹3,000 Cr and a paid-up capital of ₹1,582.92 Cr. It was formerly known as Daikin Shriram Airconditioning Private Limited and Daikin - Shriram Airconditioning India Private Limited. It is led by directors including Kanwal Jeet Jawa (Managing Director) and Sanjay Goyal.
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 210 1st Floor Okhla Industrial Area Phase 3, Delhi, India – 110020.
As per the financials filed for FY 2025, the company reported a revenue of ₹10,442 Cr, a growth of 27% compared to the previous year. For the same year it recorded a net profit of ₹520.8 Cr (net margin 5%) and EBITDA of ₹1,187.97 Cr (EBITDA margin 11.4%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years and 21% over five years.
The company has about 3,604 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Daikin Airconditioning India. Court records list 173 cases involving the company, including 116 filed by the company and 57 filed against it; 58 cases are pending. The company has 6 deals on record (4 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹788.22 Cr; the latest was in July 2022. The company has 25 MSME Form 1 returns on record between 2019 and 2024, listing 11,357 overdue payments to 156 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 daikinindia.com.
Company details
Name history
Daikin Airconditioning India has undergone 3 name changes throughout its history. The company was previously known as Daikin Shriram Airconditioning Private Limited, Daikin - Shriram Airconditioning India Private Limited, and Daikin Airconditioning Private Limited. The current legal name is Daikin Airconditioning India Private Limited.
| Company Name | Status |
|---|---|
| Daikin Airconditioning India Private Limited | Current |
| Daikin Shriram Airconditioning Private Limited | Previous |
| Daikin - Shriram Airconditioning India Private Limited | Previous |
| Daikin Airconditioning Private Limited | Previous |
Recognitions & Rankings of Daikin Airconditioning India
Contact details
Daikin Airconditioning India Private Limited's registered office is in Delhi, Delhi. Its website is daikinindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address210 1st Floor Okhla Industrial Area Phase 3, Delhi, India – 110020
- IndustryMachinery and Equipment, Industrial Compressors & Pneumatic Systems
To see the full contact details of Daikin Airconditioning India Private Limited, buy the company report.
- 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
Brands
Daikin Airconditioning India operates one associated brand: Daikin Airconditioning India. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing and distribution of air conditioning and air quality products in India. | daikinindia.com |
Business activity
The main business activities of Daikin Airconditioning India are manufacturing and trade. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment and retail trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | |
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Daikin Airconditioning India Private Limited, buy the company report.
Financials of Daikin Airconditioning India Private Limited
FY 2025 filings availableDaikin Airconditioning India Private Limited reported revenue of ₹10,442 Cr (up 27% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 21% over five years, including 27% growth in the latest year. EBITDA rose 57% 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 | ₹1,187.97 Cr | ||||
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| Net Profit (PAT) | ₹520.8 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 11.4% | ||||
| Net Profit Margin | 5% | ||||
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To see the full financial statements and ratios of Daikin Airconditioning India Private Limited, buy the company report.
Board of directors of Daikin Airconditioning India Private Limited
Daikin Airconditioning India has 11 current directors and 40 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Goyal | Director | 26 Sep 2014 | 12 Years 1 Months | Current |
| Shogo Ando | Director | 20 Oct 2023 | 3 Years 0 Months | Current |
| Kuldeepak Virmani | Director | 01 Oct 2017 | 9 Years 1 Months | Current |
| Sudip Bhattacharyya | Director | 24 Nov 2020 | 5 Years 11 Months | Current |
| Koichi Takahashi | Director | 06 Dec 2023 | 2 Years 11 Months | Current |
| Kanwal Jeet Jawa Also directs: Citizen Industries Private Limited | Managing Director | 10 Sep 2010 | 16 Years 1 Months | Current |
Auditor
Daikin Airconditioning India Private Limited is audited by DELOITTE HASKINS AND SELLS for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DELOITTE HASKINS AND SELLS | FY 2023 | 015125N |
Shareholding
The shareholding of Daikin Airconditioning India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Daikin Airconditioning India Private Limited, buy the company report.
Deals & funding
Daikin Airconditioning India Private Limited has 6 deals on record (4 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹788.22 Cr; the latest was in July 2022.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2022 | Rights issue | ₹500 Cr | Investors: Daikin Industries Limited |
| Dec 2013 | Funding round | ₹330 Cr | Investors: Daikin Industries Limited |
| Jun 2012 | Funding round | ₹50 Cr | Investors: Daikin Industries Limited |
| Mar 2012 | Funding round | ₹200 Cr | Investors: Daikin Industries Limited |
| Apr 2008 | Funding round | ₹208.22 Cr | Investors: Daikin Industries Limited |
To see the full deal history of Daikin Airconditioning India Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Daikin Airconditioning India Private Limited has 173 court cases on record: 116 filed by Daikin Airconditioning India, 57 filed against it. 58 cases are pending and 115 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 97 | 36 | 20 |
| High courts | 66 | 16 | 32 |
| Supreme Court | 8 | 4 | 5 |
| NCLT | 2 | 1 | 1 |
Cases on record (5 of 173)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Civil suit | Filed against the company by The Professional Couriers (Chennai) LLP, Rep by Power Agent A. Mohideen Gani | Pending |
| District court, South East, Delhi | Civil suit | Filed against the company by M/S. Instakart Services Pvt. Ltd. | Pending |
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed by the company against Rounak India Projects Private Limited | Pending |
| District court, Faridabad, Haryana | Civil suit | Filed against the company by Utc Softech Private Limited | Pending |
| High Court, ANDHRAPRADESH | Writ petition | Filed by the company against The Southern Power Distribution Company of Andhra Pradesh Ltd. and 2 others | Disposed |
To see the full case history of Daikin Airconditioning 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.
Credit ratings & regulatory alerts
Daikin Airconditioning India Private Limited was last rated by Icra on 28 Jan 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 28 Jan 2022 |
To see the full credit ratings and regulatory alerts of Daikin Airconditioning India Private Limited, buy the company report.
MSME payment delays
Daikin Airconditioning India Private Limited has 25 MSME Form 1 returns on record between 2019 and 2024, listing 11,357 overdue payments to 156 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 156)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Beltecno India Private Limited | |||
| Beijer Ref India Private Limited | |||
| Ventus Airconditioning Private Limited | |||
| Space Hvac Systems Private Limited |
To see the full MSME payment records of Daikin Airconditioning India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Daikin Airconditioning India has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Citizen Industries Private Limited | U29190GJ1995PTC027009 |
To see the full group structure of Daikin Airconditioning India Private Limited, buy the company report.
Employees & EPFO
Daikin Airconditioning India Private Limited has a workforce of 3,604 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Daikin Airconditioning India has 52 GST registrations: 46 active and 6 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AABCD0971F1ZY | Delhi | Active | 01 Jul 2017 |
| 07AABCD0971F1C9 | Delhi | Active | 01 Apr 2021 |
| 03AABCD0971F1Z6 | Punjab | Active | 01 Jul 2017 |
| 04AABCD0971F1Z4 | Chandigarh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Daikin Airconditioning India Private Limited, buy the company report.
Recent activity
Daikin Airconditioning India Private Limited has 50 board changes on record since 2007: 12 appointments and 38 cessations. The latest: Yoji Nomura was appointed as Additional Director on 05 Mar 2025.
41 earlier events are in the company report.
News
Frequently asked questions
Daikin Airconditioning India is an active private limited company based in Delhi, India. The company works in industrial compressors and pneumatic systems, within the machinery and equipment industry. It was incorporated on 04 April 2000 (26+ years old) and is registered under CIN U74899DL2000PTC104990.
Daikin Airconditioning India has 11 current directors:
- Kanwal Jeet Jawa - Managing Director
- Sanjay Goyal - Director
- Shogo Ando - Director
- Kuldeepak Virmani - Director
- Sudip Bhattacharyya - Director
- Koichi Takahashi - Director
- Shigeki Morita - Director
- Toshihide Takeda - Director
- Akira Nagamori - Director
- Naoto Sekida - Additional Director
- Yoji Nomura - Additional Director
The latest financial statements of Daikin Airconditioning India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Daikin Airconditioning India is 07AABCD0971F1ZY, registered in Delhi. The company has 52 GST registrations in all, of which 46 are active and 6 are cancelled or inactive. Other active GSTINs include 07AABCD0971F1C9 (Delhi), 03AABCD0971F1Z6 (Punjab), 04AABCD0971F1Z4 (Chandigarh).
The CIN (Corporate Identification Number) of Daikin Airconditioning India is U74899DL2000PTC104990. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Daikin Airconditioning India has 173 court cases on record: 116 filed by the company and 57 filed against it. 58 are pending. Most are in the district courts.
Daikin Airconditioning India was incorporated on 04 April 2000, making it 26+ years old. It is registered with the Registrar of Companies, Delhi.
Daikin Airconditioning India has 6 deals on record (4 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹788.22 Cr; the latest was in July 2022.
Yoji Nomura was appointed as Additional Director on 05 Mar 2025. Naoto Sekida was appointed as Additional Director on 30 Dec 2024. Koichi Takahashi ceased to be Additional Director on 24 Sep 2024. Daikin Airconditioning India has 50 board changes on record in total.
Daikin Airconditioning India has 25 MSME Form 1 returns on record between 2019 and 2024, listing 11,357 overdue payments to 156 micro and small suppliers. The latest return was filed on 24 Apr 2024.
Daikin Airconditioning India can be reached through the website daikinindia.com. Its registered office is in Delhi, India.

