About Eaton Industrial Systems Private Limited
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Eaton Industrial Systems Private Limited is a private limited company based in Pune, Maharashtra, India, a subsidiary of Etn Holding 2 Limited. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 10 August 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74210PN2005PTC021131. Its GSTIN is 27AABCE4955C1ZT (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹600 Cr and a paid-up capital of ₹599 Cr. It was formerly known as Eaton Test Labs Private Limited. It is led by directors Shailendra Indrajeet Shukla (Managing Director) and Ashish Agarwal.
Its last annual general meeting (AGM) was held on 12 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Pune, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹743.12 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net profit of ₹36.23 Cr (net margin 4.9%) and EBITDA of ₹88.82 Cr (EBITDA margin 12%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 18% over five years.
The company has about 429 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Eaton. Court records list 37 cases involving the company, including 29 filed by the company and 8 filed against it; 5 cases are pending. The company has 3 deals on record (2 funding rounds, 1 acquisition), with disclosed funding of ₹570.9 Cr; the latest was in March 2017. The company has 37 MSME Form 1 returns on record between 2016 and 2024, listing 947 overdue payments to 183 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 eaton.com.
Company details
Contact details
Eaton Industrial Systems Private Limited's registered office is in Pune, Maharashtra. Its website is eaton.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOm Chambers Office No. 601 T 29 – 31 Bhosari Industrial Estate Bhos, Ari, Pune, Maharashtra, India – 411026
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of Eaton Industrial Systems 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
Business activity
The main business activities of Eaton Industrial Systems are manufacturing and support service to organizations. In detail, this covers manufacture of electrical equipment and other support services to organizations. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 27 | Manufacture of electrical equipment | |
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Eaton Industrial Systems Private Limited, buy the company report.
Financials of Eaton Industrial Systems Private Limited
FY 2025 filings availableEaton Industrial Systems Private Limited reported revenue of ₹743.12 Cr (down 15% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 15% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 18%. EBITDA fell 46% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹743.12 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹88.82 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹36.23 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12% | ||||
| Net Profit Margin | 4.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Eaton Industrial Systems Private Limited, buy the company report.
Board of directors of Eaton Industrial Systems Private Limited
Eaton Industrial Systems has 2 current directors and 25 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shailendra Indrajeet Shukla | Managing Director | 17 Mar 2021 | 5 Years 7 Months | Current |
| Ashish Agarwal Also directs: Eaton India Innovation Center LLP, Eaton Management Services LLP, Eaton Industrial Products Private Limited and 3 more | Director | 23 May 2025 | 1 Years 5 Months | Current |
Auditor
Eaton Industrial Systems Private Limited is audited by Kirtane & Pandit LLP for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Kirtane & Pandit LLP | FY 2025 | 105215W/W100057 |
Shareholding
The shareholding of Eaton Industrial Systems Private Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Eaton Industrial Systems Private Limited, buy the company report.
Deals & funding
Eaton Industrial Systems Private Limited has 3 deals on record (2 funding rounds, 1 acquisition), with disclosed funding of ₹570.9 Cr; the latest was in March 2017.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2017 | Acquisition | Undisclosed | Buyer: Eaton Technologies Private Limited Seller: Eaton Industries Private Limited |
| Jan 2016 | Funding round | ₹570 Cr | Investors: Eaton Industries Private Limited, Eaton Technologies Private Limited |
| Dec 2007 | Funding round | ₹90 Lakh | Investors: ETN Holding 2 Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Eaton Industrial Systems Private Limited has 37 court cases on record: 29 filed by Eaton Industrial Systems, 8 filed against it. 5 cases are pending and 32 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 31 | 7 | 4 |
| High courts | 6 | 1 | 1 |
Cases on record (5 of 37)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Revn. Appln. ULP) | Filed by the company against an individual | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
| District court, Maharashtra Industrial and Lab, Maharashtra | Interim or miscellaneous application | Filed by the company against an individual | Pending |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Reference IDA) | Filed by the company against an individual | Pending |
| High Court, MAHARASHTRA | Tax appeal | Filed by the company against Deputy Commissioner of Income Tax Ciarcle-8 | Pending |
To see the full case history of Eaton Industrial Systems 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
Eaton Industrial Systems Private Limited has 37 MSME Form 1 returns on record between 2016 and 2024, listing 947 overdue payments to 183 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 183)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Innotech Auto India Private Limited | |||
| Vevra Packaging Private Limited | |||
| Mogli Labs (India) Private Limited | |||
| Psmi Management India Private Limited |
To see the full MSME payment records of Eaton Industrial Systems Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Eaton Industrial Systems 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 |
|---|---|---|
| Mission Systems India Private Limited | U74900DL2009FTC197186 |
To see the full group structure of Eaton Industrial Systems Private Limited, buy the company report.
Employees & EPFO
Eaton Industrial Systems Private Limited has a workforce of 429 employees on its EPFO records as of May 2026, across 2 active EPFO establishments.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 429 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Eaton Industrial Systems Private Limited, buy the company report.
GST
Eaton Industrial Systems has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCE4955C1ZT | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Eaton Industrial Systems Private Limited, buy the company report.
Recent activity
Eaton Industrial Systems Private Limited has 27 board changes on record since 2007: 2 appointments and 25 cessations. The latest: Ashish Agarwal ceased to be Additional Director on 11 Aug 2025.
18 earlier events are in the company report.
News
Frequently asked questions
Eaton Industrial Systems is an active private limited company based in Pune, Maharashtra, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 10 August 2005 (21+ years old) and is registered under CIN U74210PN2005PTC021131.
Eaton Industrial Systems has 2 current directors:
- Shailendra Indrajeet Shukla - Managing Director
- Ashish Agarwal - Director
The latest financial statements of Eaton Industrial Systems on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 12 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Eaton Industrial Systems is 27AABCE4955C1ZT, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Eaton Industrial Systems is U74210PN2005PTC021131. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Eaton Industrial Systems has 37 court cases on record: 29 filed by the company and 8 filed against it. 5 are pending. Most are in the district courts.
Eaton Industrial Systems was incorporated on 10 August 2005, making it 21+ years old. It is registered with the Registrar of Companies, Pune.
Eaton Industrial Systems has 3 deals on record (2 funding rounds, 1 acquisition), with disclosed funding of ₹570.9 Cr; the latest was in March 2017.
Ashish Agarwal ceased to be Additional Director on 11 Aug 2025. Ashish Agarwal was appointed as Director on 23 May 2025. Varadharajan Balachandran ceased to be Whole-Time Director on 17 Aug 2022. Eaton Industrial Systems has 27 board changes on record in total.
Eaton Industrial Systems has 37 MSME Form 1 returns on record between 2016 and 2024, listing 947 overdue payments to 183 micro and small suppliers. The latest return was filed on 28 Apr 2024.
Eaton Industrial Systems can be reached through the website eaton.com. Its registered office is in Pune, Maharashtra, India.
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